Punjab National Bank

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pnb D i
Azadi Ka
the name you can BANK upon!
Amrit Ma hotsav pnb One
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Share Department, Board & Coordination Division, HO Plot No.4 Sector 10, Dwarka,
New Delhi-110075 Tel No. : 011-28044857, E-mail: hosdOpnb.co.in
Scri • Code : PNB Scrip Code : 532461

National Stock Exchange of India Limited BSE Limited
"Exchange Plaza" 1st Floor, Phiroze Jeejeebhoy Towers,
Bandra — Kurla Complex, Bandra (E) Dalal Street,
Mumbai — 400 051 Mumbai — 400 001
Date: 07.06.2022
Dear Sir,
Reg.: Annual Report of the Bank for the year 2021-22.
Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations 2015, please find enclosed the Annual Report of the Bank
for the year 2021- 22.
This is for your information and record please.
Thanking you,
Yours faithfully,
(Ekta Pasricha
Company Secretary
Encl.: A/a
riuna avora T punjab national bank

q,icikd ,.D-Nfazr:kii'c. ii.4 , •1z--4--.10, ic-ckt- 110075
pnbindia.in T: 011 28075000, 28045000 Corp. Office: Plot No. 4, Sector - 10, Dwarka, New Delhi 110075 India
C)*(9C) (8) pnbindia www.pnbindia.in
21m11 ma3 pumab national bank

m-407! ...the name you can BANK upon !
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vf/kdkjh ds MsLd ls
From the Managing Director
and CEO’s Desk
fiz; 'ks;j/kkjdksa] Dear Shareholders,

foÙkh; o"kZ 2021&22 esa] izFke Nekgh ds nkSjku xgu laidZ {ks=k ij In the Financial Year 2021-22, the economy started gaining
dksfoM&19 ds izHkko ds ckotwn vFkZO;oLFkk us xfr izkIr djuk izkjEHk momentum despite the impact of COVID-19 on the contact
dj fn;kA fiNys nks o"kks± ds nkSjku] dksfoM ds dkj.k gq, O;o/kku intensive sector in the first half. During the last couple of years,
the disruption due to COVID-19 has impacted every aspect of
us thou ds gj igyw dks izHkkfor fd;k gS vkSj gekjs thus ds rjhds
life and has altered the way we live. The pandemic turned much
dks cny fn;k gSA egkekjh us nqfu;k Hkj esa dkjksckj dks pykus ds attention towards technology as a key enabler, for sustaining
fy, izkS|ksfxdh dks eq[; izorZd cuk fn;k gSA pwafd cSa¯dx lsok,a businesses across the globe. Since banking services can also be
nwjLFk :i ls Hkh nh tk ldrh gSa] Hkqxrku] cpr vkSj dqN gn rd given remotely, the linkage of the sector with the real sector
ØsfMV iznkrk ds :i esa okLrfod {ks=k ds lkFk bl {ks=k ds tqM+ko us as provider of payment, savings and to some extent on credit,
dksfoM&19 ladV ds udkjkRed izHkko dks lhfer dj fn;kA foÙkh; limited the negative effect of the COVID-19 crisis. The banking
fu;kedksa vkSj Hkkjr ljdkj }kjk egRoiw.kZ uhfrxr dkjZokb;ksa ds sector played the role of supporting firms and households
ek/;e ls] cSa¯dx {ks=k us de jktLo dh vof/k ds nkSjku O;olk; during period of lower revenues, through important policy
izfr"Bkuksa vkSj ifjokjksa ds fy, lgk;d dh Hkwfedk fuHkkbZ gSA actions by Financial Regulators and Governments.
bl i`"BHkwfe esa] cSad us vius deZpkfj;ksa dh lqj{kk lqfuf'Pkr djrs gq, Amidst this backdrop, the Bank provided continuous services
gekjs xzkgdksa dks fujarj lsok,a iznku dh gSaA pqukSrhiw.kZ ifjfLFkfr;ksa ds to our customers while ensuring the safety of our employees.
ckotwn] cSad us bl foÙkh; o"kZ esa o`f) ntZ dh gSA foÙkh; o"kZ 2021&22 Despite challenging circumstances, the Bank posted growth
dh okf"kZd fjiksVZ xr o"kZ dh izeq[k fo'ks"krkvksa] foLr`r fu"iknu vkSj in this Financial Year. The Annual Report, FY 2021-22 is
a reflection of the year bygone sharing major highlights,
igyksa dk ,d izfr¯cc gS tks cSad ds izxfr iFk dks n'kkZrk gSA geus detailed performance and initiatives as the Bank treaded on
ifjorZudkjh fodkl dks tkjh j[krs gq, dkjksckj vkSj ykHk nksuksa esa o`f) its growth trajectory. We continued to pursue transformational
ntZ dh gSA development and recorded growth in both business and profit.
vkfFkZd voyksdu Economic Overview
oSf'od vFkZO;oLFkk The Global Economy
oSf'od vFkZO;oLFkk us dSysaMj o"kZ ¼CY½ 2021 esa 6-1 izfr'kr dh o`f) ntZ The global economy rebounded in Calendar Year (CY) 2021
posting a growth of 6.1 per cent. The global recovery continued
dhA oSf'od lq/kkj tkjh jgk ysfdu egkekjh ds dkj.k bldh xfr /kheh
but momentum was weakened, hobbled by the pandemic. The
jghA fo'o vFkZO;oLFkk vc dksfoM&19 ds fQj ls mHkjus] eqækLQhfr] world economy now is simultaneously facing re-emergence of
ljdkjh [kpZ esa deh vkSj ekSfæd uhfr;ksa ds lkekU;hdj.k dk ,d COVID-19, inflation, scaling back of government spending and
lkFk lkeuk dj jgh gSA :l&;wØsu ;q) dk u;k ladV vkSj phu esa normalization of monetary policies. The new crisis of Russia-
ckj&ckj vkSj O;kid ykWdMkmu vkiwfrZ vkSj ekax ds ruko dks c<+k Ukraine war and frequent and wider-ranging lockdowns in
China is exacerbating supply and demand tensions, damaging
jgs gSa] miHkksäkvksa dh Hkkouk dks uqdlku igqapk jgs gSa vkSj ;g oSf'od consumer sentiment and is threatening global economic
vkfFkZd fodkl ds fy, [krjk gSA growth.
vk£Fkd laHkkoukvksa esa tksf[ke pqukSrhiw.kZ gks x, gSa D;ksafd ;q) dk izHkko Risks to economic prospects have become challenging as the
eq[; :i ls i.; cktkjksa] O;kikj vkSj foÙkh; laca/kksa ds ek/;e ls vU; spill over of the war spreads to other countries mainly through
ns'kksa esa QSyrk gSA IMF us vius oYMZ bdksukWfed vkmVyqd vizSy 2022 commodity markets, trade, and financial linkages. IMF in its
ds vad esa oSf'od fodkl ds] CY 2021 esa vuqekfur 6-1 izfr'kr ls de World Economic Outlook April, 2022 issue, has projected Global
gksdj CY 2022 ds lkFk&lkFk CY 2023 esa 3-6 izfr'kr jgus dk vuqeku growth to slow from an estimated 6.1 per cent in CY 2021 to 3.6
per cent in CY 2022 as well as CY 2023.
trk;k gSA
vf/kdka'k vFkZO;oLFkkvksa ds fy, egaxkbZ ¯prk dk ,d vU; fo"k; cuh] Inflation has emerged as another cause of concern for most
ftldk dkj.k ;q) tfur miHkksäk oLrqvksa ds ewY; esa gqbZ o`f) ls economies due to global supply shocks driven by war-induced
oSf'od vkiw£r esa vkbZ ck/kk gSA commodity price increase.
100 MkWyj izfr cSjy ls vf/kd dh rsy dh dhersa cM+s iSekus ij Oil prices of more than $100 per barrel are weighing heavily
vk;kr&fuHkZj ns'kksa dh vFkZO;oLFkkvksa ij vkSj fo'ks"k :i ls nf{k.k on the economies of import-dependent countries at large and
,f'k;kbZ ns'kksa ij Hkkjh iM+ jgh gSa ftlus bu ns'kksa dks c<+rh dherksa] particularly on South Asian nations and these nations have
been pushed on the brink of crisis with rising prices, declining
thMhih o`f) esa fxjkoV vkSj fons'kh eqæk HkaMkj esa deh ds lkFk ladV ds GDP growth and depleting foreign exchange reserves.
dxkj ij /kdsy fn;k gSA
vFkZO;oLFkkvksa ds lkeus] egaxkbZ ls fuiVus vkSj cgkyh dks lqjf{kr j[kus The two difficult policy trade-offs faced by the economies are
ds e/;( rFkk lekt ds detksj oxks± dh lgk;rk djus vkSj jktdks"kh; between tackling inflation and safeguarding the recovery; and
cQj ds iqu£uekZ.k ds chp lkeatL; fcBkus ds nks dfBu uhfrxr i{k between supporting the vulnerable sections of the society
gSaA ,slh ifjfLFkfr;ksa esa] izfrca/kksa dks ykxw djus ds dkj.k vkxs gksus and rebuilding fiscal buffers. In such circumstances, efforts
are needed to respond to the geo-political crisis to prevent
okys vk£Fkd fo[kaMu dks jksdus ds fy, Hkw&jktuhfrd ladV dk lkeuk further economic fragmentation due to imposition of sanctions.
djus ds iz;kl djus dh vko';drk gSA blds vykok] oSf'od rjyrk Apart from the same, it is essential to maintain global liquidity,
cuk, j[kuk] _.k ladV dk izca/ku djuk vkSj tyok;q ifjorZu ls manage debt distress, and tackle climate change. Targeted
fuiVuk vko';d gSA ifjokjksa vkSj O;olkf;d izfr"Bkuksa dks yf{kr support to households and firms would provide the space for
leFkZu] fodkl dks c<+kus okys fuos'k dks LFkku iznku djsxkA oLrqvksa growth enhancing investment. Reform of trade-related policies
ds O;kikj laca/kh uhfr;ksa esa lq/kkj ns'kksa dks oSf'od O;kikj ifjn`'; esa in goods would enable countries to take advantage of shifts
cnyko dk ykHk mBkus esa l{ke cuk,xkA dkS'ky esa lq/kkj vkSj c<rh in the global trade landscape. Improving skills and enhancing
competition would strengthen the capacity and incentive to
izfrLi/kkZ ubZ fMftVy rduhdksa dks viukus dh {kerk vkSj izksRlkgu
adopt new digital technologies.
dks lqn`<+ djsxhA
Hkkjrh; vFkZO;oLFkk The Indian Economy
jk"Vªh; lkaf[;dh dk;kZy; ¼,u,lvks½ }kjk tkjh foÙk o"kZ 2021&22 The Provisional Estimates for FY 2021-22 released by the
ds vuafre vuqekuksa us Hkkjr ds okLrfod ldy ?kjsyw mRikn ¼thMhih½ National Statistical Office (NSO) placed India’s real Gross
dh o`f) dks 8-7 izfr'kr ij j[kkA vk£Fkd xfrfof/k tks rhljh ygj Domestic Product (GDP) growth at 8.7 per cent. Economic
activity which was recovering with the ebbing of the third wave,
dk izHkko de gksus] oSf'od Vhdkdj.k dh rhoz izxfr vkSj lgk;d rapid stride towards universal vaccination, and supportive fiscal
jktdks"kh; vkSj ekSfæd uhfr;ksa ds dkj.k lq/kj jgh Fkh] dks vc fcxM+rs and monetary policies, now faces significant headwinds from
Hkw&jktuhfrd ?kVukØe vkSj oSf'od deksfMVh dherksa esa rhoz o`f) the worsening geopolitical developments and the accompanying
rFkk detksj oSf'od fodkl ifjn`'; ds dkj.k foijhr ifjfLFkfr;ksa dk sharp rise in global commodity prices and weakening global
lkeuk djuk iM+ jgk gSA growth outlook.
Hkw&jktuhfrd la?k"kZ ds dkj.k vkiw£r ck/kkvksa vkSj c<+rs eqækLQhfr The GDP growth rate projections has been lowered down by
tksf[keksa dk gokyk nsrs gq, fofHkUUk ,tsafl;ksa }kjk thMhih fodkl nj various agencies citing worsening supply bottlenecks and
vuqekuksa dks de dj fn;k x;k gSA ekpZ 2022 ds fy, Fkksd vkSj miHkksäk rising inflation risks caused by the geo-political conflict. The
ewY; lwpdkad Øe'k% 14-55 izfr'kr vkSj 6-95 izfr'kr FkkA miHkksäk Wholesale and Consumer Price Index for March, 2022 was
at 14.55 per cent and 6.95 per cent, respectively. The CPI has
ewY; lwpdkad ¼lhihvkbZ½ fiNys pkj eghuksa ls vkjchvkbZ dh yf{kr
remained above the upper limit of RBI’s targeted range for last
lhek dh Åijh lhek ls vf/kd cuk jgkA ekSfæd vkSj jktdks"kh; nksuksa four months. With limitation on both monetary and fiscal front,
ekspks± ij ckèkk,a gksus ls] cgkyh dk jkLrk ubZ pqukSfr;ksa ls izHkkfor gksxkA the path to recovery will be marred by fresh challenges.
gkykafd] pqukSfr;ksa ds ckotwn] vFkZO;oLFkk dks fofHkUUk ljdkjh However, despite the challenges, the economy will get the
lqèkkjksa ls cgqr egRoiw.kZ leFkZu feysxk] fo'ks"k :i ls 500&xhxkokV much needed push from various government reforms notably
¼thMCY;w½ gfjr ÅtkZ ;kstuk] mRiknu&¯yDM izksRlkgu ¼ih,yvkbZ½ the 500-gigawatt (GW) green energy plan, Production-Linked
fofuekZ.k leFkZu] fMftVy vFkZO;oLFkk Mªkbo] 145 yk[k djksM+ Incentive (PLI) manufacturing push, digital economy drive,
#i;s&Iyl cqfu;knh <kapk ikbiykbu] vkSj lw{e] y?kq vkSj e/;e Rs 145 lakh crore-plus infrastructure pipeline, and targeted
incentives for Micro, Small and Medium Enterprises (MSMEs).
m|eksa ¼,e,l,ebZ½ ds fy, yf{kr izksRlkguA Hkkjr us 2020 esa 1-9
fVªfy;u MkWyj dh uS'kuy baÝkLVªDpj ikbiykbu ¼,uvkbZih½ 'kq: India launched the $1.9-trillion National Infrastructure Pipeline
dh] tks baÝkLVªDpj lsDVj dks c<+kok nsxhA dsaæh; ctV esa 'kq: dh (NIP) in 2020 which will give boost to the infrastructure sector.
PM Gati Shakti launched in the Union Budget is a transformative
xbZ ih,e xfr 'kfä vk£Fkd fodkl vkSj lrr fodkl ds fy, ,d
approach for economic growth and sustainable development. It
ifjorZudkjh n`f"Vdks.k gSA ;g vxys 25 o"kks± ds ve`r dky & 75 o"kZ will steer the economy over the AmritKaal of the next 25 years
ds Hkkjr ls 100 o"kZ ds Hkkjr rd vFkZO;oLFkk dks xfr iznku djsxhA – from India at 75 to India at 100.
bu lHkh ?kVukØeksa ls ladsr feyrk gS fd Hkkjrh; vFkZO;oLFkk foÙk o"kZ All these developments indicate that the Indian economy is well
2022&23 ds nkSjku pqukSfr;ksa dk lkeuk djus ds fy, iw.kZ :i ls rS;kj placed to take on the challenges during FY 2022-23 and will
gS vkSj nqfu;k dh lcls rsth ls c<+rh vFkZO;oLFkk cuh jgsxhA continue to remain the fastest growing economy in the world.
cSa¯dx {ks=k dh xfrfof/k;ka Developments in the Banking Sector

cSa¯dx {ks=k dks fu;ked vkSj ljdkj ds mik;ksa ls egRoiw.kZ leFkZu izkIr The Banking sector was well supported by the measures
gqvk] ftlus egkekjh ls tqM+s ruko dks izcaf/kr djus esa lgk;rk dhA 25 from Regulator and Government which helped manage the
ekpZ] 2022 rd] vuqlwfpr okf.kfT;d cSadksa }kjk xSj&[kk| _.k xr pandemic linked stress. As on March 25, 2022, Non Food credit
by Scheduled Commercial Banks rose by 9.7 per cent on YoY
o"kZ blh vof/k ds nkSjku 4-5 izfr'kr ls o"kZ&nj&o"kZ o`f) ds lkFk 9-7 basis from 4.5 per cent during the corresponding period of
izfr'kr jgkA ljdkj }kjk fofHkUUk ;kstukvksa ds ek/;e ls izkIr lgk;rk previous year. Support from the Government through various
ls yxHkx lHkh {ks=kksa esa _.k o`f) esa lg;ksx feykA schemes aided credit growth in almost all sectors.
foÙk o"kZ 2021&22 ds nkSjku ,llhch dh vkfLr xq.koÙkk esa vkSj lqèkkj The asset quality of SCBs improved further during FY 2021-22,
gqvk] lexz xSj&fu"ikfnr vkfLr ¼,uih,½ vuqikr fnlacj 2021 esa with the overall non-performing assets (NPA) ratio declining to
6.5 per cent in December 2021 from 6.8 per cent a year ago,
?kVdj 6-5 izfr'kr gks x;k] tks ,d lky igys 6-8 izfr'kr Fkk] tks driven by lower NPAs in credit to industry. Banks continued
m|ksx ds _.k esa de ,uih, gksus ds dkj.k FkkA cSadksa us iwath tqVkdj to strengthen their financials by raising capital and adding to
vkSj izko/kku cQj tksM+dj viuh foÙkh; fLFkfr dks lqn`<+ cuk, j[kkA provision buffers.
c<+h gqbZ eqækLQhfr ij yxke yxkus ds fy,] fjtoZ cSad us ebZ 22 esa To rein in elevated inflation, Reserve Bank hiked Repo Rate in
jsiks nj esa c<+ksrjh dh vkSj bldk vlj cSad dh m/kkj vkSj tek nj May, 2022 and this will likely to have an impact on Bank’s lending
ij iM+us dh laHkkouk gSA [kir vkSj fuos'k ij rRdky izHkko lhfer and deposits rate. The immediate impact on consumption
and investment will be limited. The growth will be supported
gksxkA vk£Fkd xfrfof/k;ksa esa O;kid mNky] lkekU; ekulwu ds by a broad rebound in economic activity, the forecast of a
iwokZuqeku vkSj fuos'k pØ rFkk fu;kZr dh cgkyh ls fodkl dks leFkZu normal monsoon and a revival in the investment cycle and
feysxkA exports.
egkekjh us cSadksa dks viuh izkS|ksfxdh j.kuhfr;ksa dks fQj ls ij[kus vkSj The pandemic forced banks to re-examine their technology
fMftVy@'kk[kk jfgr cSa¯dx dks lqn`<+ djus ds fy, etcwj fd;kA strategies and strengthen digital/branchless banking. Becoming
vfLrRo cuk, j[kus vkSj ekStwnk xzkgdksa dks tksM+s j[kus ds fy, xzkgd a customer centric and customer first organization is essential
to ensure survival and retain existing customers.
dsafær vkSj xzkgd igys] laxBu cuuk vko';d gSA
vc eSa vkids lkFk foÙk o"kZ 2021&22 ds nkSjku vkids cSad ds I would now share with you some of key performance
highlights of your Bank during the FY 2021-22.
dqN izeq[k dk;Z fu"iknu dh fo'ks"krkvksa dks lkÖkk d:axkA
Financial Performance:
foÙkh; izn'kZu%
,d pqukSrhiw.kZ o"kZ ds ckotwn] cSad us 31 ekpZ] 2022 dks #-7]85]104 In spite of a challenging year, the Bank reached the mark of
Rs. 19,31,322 Crore in Gross Global Business as on 31st March,
djksM+ ds ldy oSf'od vfxze vkSj #-11]46]218 djksM+ dh ldy 2022 with Gross Global Advances at Rs. 7,85,104 Crore and
oSf'od tekjkf'k ds lkFk #-19]31]322 djksM+ dk ldy oSf'od Gross Global Deposit at Rs. 11,46,218 Crore.
dkjksckj izkIr fd;kA
47-43 izfr'kr ds ?kjsyw dklk 'ks;j ds lkFk cSad dh de ykxr okyh Bank’s low cost franchise remained robust with the Domestic
ÝSapkbt+ fiNys o"kZ dh rqyuk esa 195 chih,l lq/kj dj] etcwr cuh CASA share at 47.43 per cent an improvement of 195 bps
over last year. Current and Saving Deposits (CASA) were at Rs.
jghA pkyw vkSj cpr tekjkf'k;ka ¼dklk½ #- 5]33]654 djksM+ jghaA foÙk 5,33,654 Crore. The Current and Savings during FY 2021-22
o"kZ 2021&22 ds nkSjku pkyw vkSj cpr jkf'k;ksa esa 8 izfr'kr ls vf/kd grew by more than 8 per cent. The global cost of deposit was
dh o`f) gqbZA tek jkf'k;ksa dh oSf'od ykxr 3-99 izfr'kr jghA contained at 3.99 per cent.
foÙk o"kZ 2021&22 ds fy,] cSad ds ykHkiznrk ekunaM vkSj vuqikr fLFkj For the FY 2021-22, Bank’s profitability parameters and ratios
jgsA cSad dk ifjpkyu ykHk #-20]761 djksM+ FkkA 'kq) ykHk 71 izfr'kr remained stable. Bank’s Operating Profit was at Rs. 20,761
c<+dj foÙk o"kZ 2020&21 ds #-2022 djksM+ ls foÙk o"kZ 2021&22 esa Crore. Net Profit grew by 71 per cent in FY 2021-22 to Rs. 3457
Crore from Rs. 2022 Crore in FY 2020-21.
#- 3457 djksM+ gks x;kA
foÙk o"kZ 2021&22 ds nkSjku vkfLr;ksa ij izfrykHk vkSj bfDoVh ij izfrykHk Return on Assets and Return on Equity improved to 0.26 per
cent and 5.96 per cent respectively during FY 2021-22. The key
esa Øe'k% 0-26 izfr'kr vkSj 5-96 izfr'kr dk lq/kkj gqvkA izeq[k mRikndrk
productivity parameter, Business per employee increased to
ekunaM] izfr deZpkjh dkjksckj 31 ekpZ] 2022 esa c<+dj #-1941 yk[k Rs. 1941 lakh in 31st March, 2022. The domestic and global Net
#i;s gks x;kA foÙk o"kZ 2021&22 esa ?kjsyw vkSj oSf'od 'kq) C;kt ek£tu Interest Margin (NIM) stood at 2.79 per cent and 2.71 per cent
¼,uvkbZ,e½ Øe'k% 2-79 izfr'kr vkSj 2-71 izfr'kr jgkA respectively in FY 2021-22.
vkfLr xq.koÙkk vkSj iwath i;kZIrrk Asset Quality and Capital Adequacy
,uih, ds Lrj esa Øfed deh ns[kh xbZ gS vkSj 31 ekpZ] 2022 dks ldy Level of NPAs have seen sequential reduction with Gross NPA
,uih, ?kVdj 92]448 djksM+ vkSj 'kq) ,uih, #-34]909 djksM+ gks x;k reducing to Rs. 92,448 crore as on 31st March, 2022 and Net
gS] tks fiNys o"kZ Øe'k% #- 1]04]423 djksM+ vkSj #- 38]576 djksM+ FkkA NPA reducing to Rs. 34,909 crore from Rs. 1,04,423 crore and
Rs. 38,576 crore respectively. Gross NPA ratio improved by 234
ldy ,uih, vuqikr 234 chih,l lq/kjdj 11-78 izfr'kr jgk] 'kq) bps to 11.78 per cent, Net NPA ratio improved by 93 bps and
,uih, vuqikr esa 93 chih,l dk lq/kkj gqvk vkSj 31 ekpZ 2022 dks was at 4.80 per cent on 31st March, 2022. Provision Coverage
;g 4-80 izfr'kr FkkA izko/kku dojst vuqikr ¼ihlhvkj½ ¼VhMCY;wvks Ratio (PCR) (incl. TWO) improved by 146 bps to 81.60 per cent
lfgr½ 31 ekpZ] 2021 ds 80-14 izfr'kr ls 31 ekpZ*22 dks 146 chih,l as on 31st March, 2022 from 80.14 per cent as on 31st March,
lqèkjdj 81-60 izfr'kr gks x;kA 2021.
vkfLr xq.koÙkk esa lq/kkj gekjk izeq[k mís'; jgk gSA ,uih, izcaèku Improving asset quality continues to be our prime focus. The
ds fy, cSad }kjk 'kq: fd, x, lók iksVZy esa ,dckjxh leÖkkSrk SASTRA portal rolled out by bank for NPA management has 5
different modules for One Time Settlement (OTS), Securitization
¼vksVh,l½] foÙkh; vkfLr;ksa dk izfrHkwfrdj.k vkSj iqujZpuk ,oa izfrHkwfr
and Reconstruction of Financial Assets and Enforcement of
fgr dk izorZu ¼ljQslh½] _.k olwyh U;k;kf/kdj.k ¼MhvkjVh½] us'kuy Security Interest (SARFAESI), Debts Recovery Tribunals (DRT),
daiuh ykW fVªC;wuy ¼,ulh,yVh½ vkSj bjknru pwddrkZ ds fy, 5 National Company Law Tribunal (NCLT) & Wilful Default.
vyx&vyx ekWM~¸kwy gSaA bl olwyh izca/ku iksVZy ds ek/;e ls] ,d Through this recovery management portal, status of major
m/kkjdrkZ dh izeq[k olwyh dkjZokbZ;ksa dh fLFkfr dk irk ,d LFkku ij recovery actions of a Borrower can be ascertained at a single
gh yxk;k tk ldrk gSA izHkkoh fuxjkuh ds fy,] LVSaMvyksu MhvkjVh place. For effective monitoring, standalone DRT and SARFAESI
vkSj ljQslh iksVZyksa dks ló iksVZy esa vyx ekWM~¸kwy ds :i esa iqu% Portals have been re-configured as separate modules in the
dkWfUQ+xj fd;k x;k gSA SASTRA Portal.
blds vykok] cSad ds olwyh vkSj okn laca/kh dk;ks± ds fMftVyhdj.k Further, a new comprehensive application software for
digitalization & automation of Bank’s recovery & litigation
vkSj Lopkyu ds fy, ,d u;k O;kid ,fIyds'ku lkW¶Vos;j fodflr
functions is being developed which will provide end-to-end
fd;k tk jgk gS] tks ,uih, [kkrksa esa lHkh izeq[k olwyh dkjZokbZ;ksa dh processing of all major recovery actions in NPA Accounts.
laiw.kZ izksls¯lx djsxkA
foÙk o"kZ 2021&22 ds nkSjku] cSad us D;wvkbZih ds ek/;e ls #- 1800 During FY 2021-22, Bank raised equity of Rs. 1800 Crore through
djksM+ dh bfDoVh iwath] fV;j& II ckWUM ds ek/;e ls #- 1919 djksM+ vkSj QIP, Rs. 1919 Crore through Tier -II Bonds and Rs. 3971 Crore
,Vh &1 ckWUM ds ek/;e ls #- 3971 djksM+ tqVk, gSaA through AT-1 Bonds.
31 ekpZ 2022 dks cSad dk iwath i;kZIrrk vuqikr 14-50 izfr'kr gks x;k] The Capital Adequacy ratio of the Bank improved to 14.50 per
cent as on 31st March, 2022 with Tier-I capital at 11.73 per
ftlesa fV;j& I iwath 11-73 izfr'kr vkSj lhbZVh1 10-56 izfr'kr FkkA
cent and CET1 of 10.56 per cent. The focus of the bank was on
cSad us de tksf[ke izksQkby okys csgrj jsVsM m/kkjdrkZvksa dks yf{kr sustainable business growth by targeting better rated borrowers
djds lrr dkjksckj fodkl ij viuk /;ku dsfUær fd;kA with low risk profile.
rduhdh uokpkj vkSj fMftVyhdj.k Technology Initiatives and Digitalisation
vR;k/kqfud rduhdksa dks viukus ls cSa¯dx vkSj foÙkh; {ks=k esa Hkh Embracing futuristic technologies has gained significant
egRoiw.kZ izxfr gqbZ gSA momentum across the banking and financial sector as well.
foÙkh; lsok m|ksx ds Hkhrj vkSj ckgj] fof'k"V fMftVy is'kd'k vkSj Both within and beyond the financial services industry, unique
uoksUUkes"kh mi;ksxdrkZ vuqHko xzkgdksa dh vis{kkvksa ds Lrj dks c<+krs digital offerings and innovative user experiences continue to
raise the bar of customer expectations. Digital content and
jgs gSaA fMftVy daVsaV vkSj ekdsZ¯Vx dks egRoiw.kZ ekuk tkrk gS D;ksafd
marketing has assumed importance considering the customers
miyC/k lsokvksa ds ckjs esa tkuus ds fy, xzkgd vc mu ij Hkjkslk djrs now rely on them to learn about the services available.
gSaA
fiNys ,d n'kd esa rduhd us gekjh nqfu;k dks fcYdqy iyV fn;k In the last decade technology has turned our world on its
gSA vYVªk&gkbZ&LihM dusfDVfoVh ds vkxeu ds lkFk] xzkgdksa ds lkFk head. With the advent of ultra-high-speed connectivity, the
way we engage with customers has also evolved. Today, even
gekjs tqM+us dk rjhdk Hkh fodflr gqvk gSA vkt] NksVs ls NksVs ysu&nsu
the smallest of transactions involve multiple touch points and
esa Hkh dbZ Vp ikWbaV~l vkSj tfVy cgq&Lrjh; ikjLifjd fØ;k 'kkfey complex multi-layered interactions. Business has become more
gSA O;kikj igys ls dgha vf/kd tfVy gks x;k gSA izfrLi/khZ vkSj tksf[ke intricate than ever before. To remain competitive and risk-free,
eqä jgus ds fy, fu.kZ; ysus esa izkS|ksfxdh&l{kerk vfuok;Z gSA technology-enablement in decision-making is indispensable.
geus dkjksckj fu"iknu dh fuxjkuh ds fy, ,d O;kid MS'kcksMZ We have developed PNB 360, a comprehensive dashboard
to monitor business performance. It has been developed to
ih,uch 360 fodflr fd;k gSA bls cSad ds vR;k/kqfud fo'ys"k.k Vwy
capture the day to day requirements of branches leveraging
dh ,aVjizkbt+ MsVk os;jgkml {kerkvksa dk ykHk mBkus okyh 'kk[kkvksa the enterprise data warehouse capabilities of Bank’s state of art
dh fnu&izfrfnu dh vko';drkvksa dks dSIpj djus ds fy, fodflr analysis tool. In the next phase, further enhancement of this
fd;k x;k gSA vxys pj.k esa] bl Vwy dks vkSj csgrj cuk;k tk,xkA tool will be done.
mijksä ds vykok] cSad us dbZ igysa dh gSa tSls fd Hkkjr fcy Hkqxrku Apart from above, the Bank undertook several initiatives such
iz.kkyh ¼chchih,l½ fodYi ftls eksckby ,si&ih,uch ou esa Þdgha Hkh] as Bharat Bill Payment System (BBPS) option is being provided
in mobile app-PNB ONE for “anywhere, anytime” bill payment,
dHkh HkhÞ fcy Hkqxrku ds fy, iznku fd;k tk jgk gS] ikstsfVo is flLVe
Positive Pay System (PPS) an electronic authentication system
¼ihih,l½ ,d bysDVªkWfud izek.khdj.k iz.kkyh gSa] tks xzkgdksa dks cSad allowing customers to share the cheque details with Bank in
}kjk psd izkslsl djus ls igys psd fooj.k cSad ds lkFk fMftVy eksM digital mode before the Bank processes it, enabling online reset
esa lkÖkk djus dh vuqefr nsrh gS] lfØ; MsfcV dkMZ vkfn j[kus okys of password(s) for Internet Banking users having active debit
baVjusV cSa¯dx mi;ksxdrkZvksa dks ikloMZ ds vkWuykbu jhlsV dh card etc. ASBA have been included in PNB ONE facilitating
lqfoèkk nsuk vkfn] ,,lch, dks ih,uch ou esa 'kkfey fd;k x;k gS investors to subscribe IPO 24*7.
ftlls fuos'kd 24 * 7 vk/kkj ij vkbZihvks esa va'knku dj ldrs gSaA
fMftVy cSa¯dx dks mi;ksxdrkZ vuqdwy cukus gsrq blesa gekjs 'kkjhfjd Two new initiatives were incorporated in digital banking to
:i ls v{ke xzkgdksa ds fy, nks ubZ igyksa dks 'kkfey fd;k x;k gSA make it user friendly for our physically challenged customers.
The visually impaired customers by using screen reading
JAWS ¼tkWc ,Dlsl fon Lihp½ tSls LØhu jh¯Mx lkW¶Vos;j] tks VsDLV
software like JAWS (Job Access With Speech) which facilitates
Vw Lihp dh lqfo/kk nsrk gS] dk mi;ksx djds n`f"Vckf/kr xzkgd baVjusV Text to Speech can avail internet banking services and they can
cSa¯dx lsokvksa dk ykHk mBk ldrs gSa vkSj os eksckby cSa¯dx lsokvksa dk also avail mobile banking services as voice enabled assistance
Hkh ykHk mBk ldrs gSa D;ksafd ih,uch ou esa okW;l buscYM lgk;rk have been introduced in PNB ONE.
'kq: dh xbZ gSA
MksjLVsi cSa¯dx dks lqfo/kktud cukus gsrq fMftVyhdj.k dks c<+kok To promote digitisation, to facilitate banking at doorstep the
nsus ds fy, xzkgdksa dks muds iathd`r irs ij MsfcV dkMZ izkIr gks jgk customers are receiving the Debit Card at their registered
address. Customers have also been facilitated to activate the
gSA xzkgdksa dks fMftVy pSuy ds ek/;e ls MsfcV dkMZ fiu lsV djds
Debit Card delivered at their registered address by setting Debit
muds iathd`r irs ij fn, x, MsfcV dkMZ dks lfØ; djus dh lqfo/kk Card PIN through digital channel. Cardless cash withdrawal
Hkh nh xbZ gSA dkMZ jfgr udnh fudklh lqfo/kk 'kq: dh xbZ gS tks fcuk facility has been launched which allows cash withdrawal facility
MsfcV dkMZ ds ih,uch ds ,Vh,e ls udn fudklh dh lqfo/kk iznku from PNB ATMs without debit card.
djrh gSA
cSad us opqZvy MsfcV dkMZ ykWUp fd;k gS ftldk mi;ksx lHkh eps±V Bank has launched Virtual Debit Card which can be used for
lkbVksa ij lsdsaM QSDVj vkWFksafVds'ku ds ek/;e ls bZ&dkWelZ ysunsu e-Commerce transactions at all merchant sites through second
ds fy, fd;k tk ldrk gSA cSad dh lsokvksa] mRiknksa] yksdsVjksa] foÙkh; factor authentication. An umbrella application namely PNB
Personal Advisor- PNB PA has been developed for customers as
dSydqysVjksa vkSj lHkh ,si ds ckjs esa ,d gh LFkku ij tkudkjh iznku
well as non- customers of the Bank to provide information on
djus ds fy, cSad ds xzkgdksa ds lkFk&lkFk xSj&xzkgdksa ds fy, ih,uch Bank’s services, products, locators, financial calculators and all
ilZuy ,Mokbtj& ih,uch ih, uked ,d vEczsyk ,fIyds'ku apps at one place.
fodflr dh xbZ gSA
cnyrs ifjos'k dks /;ku esa j[krs gq,] cSad iw.kZ fMftVy ifjorZu ykus ds In the wake of changing environment, Bank shall design, develop
fy, uhfr esa cnyko ds lkFk&lkFk ,d O;kid lek/kku rS;kj fodflr and implement a comprehensive solution along with change
in policy to bring complete Digital transformation, thereby,
vkSj dk;kZfUor djsxk] ftlls] O;kolkf;d y{;ksa dks izkIr djus]
enabling and optimizing the organization for the future in terms
bZt+ ¼EASE½ dh csapekdZ vko';drkvksa dk vuqikyu djus] vkarfjd of achieving business goals, complying with benchmark needs
izfØ;kvksa ds lEiw.kZ fMftVyhdj.k] fu;ked <kaps vkSj vU; fu;ked of EASE, end to end digitalisation of internal processes, other
vko';drkvksa }kjk vuqer vU; vkxkeh fMftVy voljksa ds lanHkZ esa upcoming digital opportunities as permitted by regulatory
laxBu dks Hkfo"; ds fy, l{ke vkSj vuqdwfyr fd;k tk ldsA framework and other regulatory requirements.
,e,l,ebZ _.k MSME Lending

dkfoM&19 ds ckn xaHkhj vkiw£r O;o/kku vkSj ekax esa fxjkoV ds dkj.k MSME sector suffered the most in ensuring business continuity
,e,l,ebZ {ks=k dks O;kikj fujarjrk cuk, j[kus esa lcls vf/kd in the face of severe supply disruption and dipping demand
uqdlku gqvkA ljdkj us bl {ks=k dks vR;f/kd vko';d leFkZu iznku after COVID-19. The Government initiated numerous measures
to provide much needed thrust to the sector.
djus ds fy, dbZ mik; 'kq: fd,A
cSad us fofHkUUk ;kstukvksa tSls xkjaVhM vkikrdkyhu _.k O;oLFkk The Bank gave highest importance to financing MSME in their
¼thbZlh,y½] rukoxzLr ,e,l,ebZ ds fy, xkS.k _.k gsrq _.k strategic growth plan through various schemes like Guaranteed
xkjaVh ;kstuk ¼lhth,l,lMh½] lM+d foØsrkvksa ds fy, iz/kku ea=kh Emergency Credit Line (GECL), Credit Guarantee Scheme for
vkRefuHkZj fuf/k ¼ih,e Lofuf/k½] iz/kku ea=kh eqæk ;kstuk ¼ih,e,eokbZ½ Subordinate Debt (CGSSD) for Stressed MSMEs, PM Street
Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), Interest Subvention
ds rgr iznku fd;s x, f'k'kq _.k ds 'kh?kz iquHkqZxrku ij 2% dh Scheme of 2% on Prompt Repayment of Shishu Loan extended
C;kt vuqnku ;kstuk] ih,uch dksfoM&19 vkikrdkyhu _.k lqfoèkk under Pradhan Mantri Mudra Yojana (PMMY), PNB COVID-19
¼ih,uch&lhbZlh,Q½ vkfn ds ek/;e ls viuh j.kuhfrd fodkl Emergency Credit Facility (PNB-CECF), etc.
;kstuk esa ,e,l,ebZ ds foÙkiks"k.k dks loksZPp egRo fn;k gSA
vuqdwfyr vkbZVh vk/kkfjr lek/kku vFkkZr ih,uch ysal ds ek/;e Digital lending to MSME has been given requisite thrust
ls ,e,l,ebZ dks fMftVy _.k nsus ij visf{kr tksj fn;k x;k gSA through customized IT based solution i.e. PNB LenS. Launch of
ewY;kadu izfØ;k dh n{krk c<+kus] Vh,Vh dks de djus vkSj NksVs e-RENEWAL scheme (a system for automatic renewal of
credit facilities) has been introduced to increase efficiency of
mèkkjdrkZvksa dks lqyHkrk iznku djus ds fy, bZ&uohuhdj.k ;kstuk the appraisal process, reduce TAT and provide ease to small
¼_.k lqfo/kkvksa ds Lor% uohuhdj.k ds fy, ,d iz.kkyh½ dh 'kq#vkr borrowers. PNB e- Mudra (Shishu) scheme was launched to meet
dh xbZ gSA ih,uch bZ&eqæk ¼f'k'kq½ ;kstuk fMftVy IysVQkWeZ ds the credit needs of the Micro and Small entrepreneur through
lkFk&lkFk psbloansin59minutes.com IysVQkWeZ ds ek/;e ls lw{e Digital platform as well as through psbloansin59minutes.com
vkSj y?kq m|fe;ksa dh _.k vko';drkvksa dks iwjk djus ds fy, 'kq: platform.
dh xbZ FkhA
tu izca/ku People Management
deZpkfj;ksa dk f'k{k.k vkSj fodkl muds dk;Zfu"iknu esa lq/kkj ds The learning and development of employees is vital for their
performance improvement as well as retention. The training
lkFk&lkFk izfr/kkj.k ds fy, egRoiw.kZ gSA ubZ forj.k iz.kkyh dks
system of the Bank evolved through adoption of new delivery
viukus vkSj dkS'ky c<+kus gsrq izkS|ksfxdh rFkk pqukSfr;ksa dk lkeuk systems and technology to upskill and prepare the maximum
djus ds fy, vf/kdre la[;k esa deZpkfj;ksa dks rS;kj djds cSad dh number of employees to face the challenges.
izf'k{k.k iz.kkyh fodflr gqbZA
o"kZ ds nkSjku] cSad us dk;Zcy ds chp f'k{k.k vkSj fodkl dks c<+kok nsus During the year, the Bank took a slew of innovative measures
to promote learning and development amongst workforce,
ds fy, dbZ uoksUes"kh mik; fd,] ftlls yphys le; ij fujarj csgrj
ensuring consistent delivery of an enhanced learning experience
lh[kus dk vuqHko iznku djuk lqfuf'Pkr fd;k x;kA izf'k{k.k iz.kkyh at flexible timings. The training system has been strategically
dks j.kuhfrd :i ls nh?kZdkfyd dkWiksZjsV y{;ksa ds lkFk tksM+k x;k gS] aligned with the long term corporate goals, manifested in the
tks oSf'od foÙkh; vkSj vk£Fkd ifjn`'; dh i`"BHkwfe esa izdV gksrk gSA backdrop of global financial and economic scenario.
u, mRiknksa dks leÖkus vkSj deZpkfj;ksa dks mu ifjorZuksa ds ckjs esa To understand new products and to keep the staff abreast of
tkudkjh nsus ds fy,] ,d nSfud ikWMdkLV lsok 'kq: dh xbZ gS ftlesa those changes, a daily podcast service has been started wherein
brief details of products/ processes/ guidelines are circulated
deZpkfj;ksa ds ykHk ds fy, nSfud vk/kkj ij mRiknksa@izfØ;kvksa@ for the benefit of the staff on daily basis. Interactive videos on
fn'kkfunsZ'kksa dk laf{kIr fooj.k ifjpkfyr fd;k tkrk gSA LVkQ ds lkFk ‘PNB ONE’ has been launched to promote better understanding
lkFk xzkgdksa ds chp bldh fo'ks"krkvksa dh csgrj leÖk dks c<+kok nsus ds of its features amongst staff as well as customers.
fy, *ih,uch ou* ij baVj,fDVo ohfM;ks ykWUp fd, x, gSaA
fofHkUUk cSa¯dx izfØ;kvksa ij lesfdr fn'kkfunsZ'kksa@,lvksih@vDlj To facilitate field functionaries with consolidated guidelines/
iwNs tkus okys iz'uksa@lkekU; =kqfV;ksa ds lkFk QhYM inkf/kdkfj;ksa dh SOPs/FAQs/common errors on different banking process,
lqfo/kk ds fy,] izf'k{k.k o£Vdy us pkyw vkSj cpr [kkrk [kksyus dh Training vertical has taken initiative of curating booklets for Current
izfØ;kvksa] ,uih, izca/ku vkSj xzkgd lsok@f'kdk;r o`f) eSfVªDl ds and Savings account opening processes, NPA Management and
customer service/complaint escalation matrices.
fy, iqfLrdkvksa dks izn£'kr djus dh igy dh gSA
iqjLdkj vkSj lEeku Awards and Recognitions
foÙkh; o"kZ 2021&22 esa cSad us dbZ izfrf"Br iqjLdkj thrsA cSad us In FY 2021-22 the Bank won many prestigious awards. Bank
won the Best MSME Bank (PSU) in 8th MSME Excellence Awards
,lkspSe }kjk 8osa ,e,l,ebZ mRd`"Vrk iqjLdkjksa esa loZJs"B ,e,l,ebZ
by ASSOCHAM and Secured First position amongst peer banks
cSad ¼ih,l;w½ thrk rFkk d`f"k vkSj fdlku dY;k.k ea=kky; }kjk 'kq: under Agriculture Infrastructure Fund (AIF) campaign launched
fd, x, d`f"k volajpuk dks"k ¼,vkbZ,Q½ vfHk;ku ds rgr led{k by Ministry of Agriculture and Farmers Welfare. Bank won the
cSadksa ds chp izFke LFkku izkIr fd;kA cSad us Vªkal;wfu;u flfcy }kjk best Data Quality Improvement Award on Commercial Bureau
lkoZtfud {ks=k ds cSadksa ds chp foÙk o"kZ 2021&22 ds fy, okf.kfT;d for FY 2021-22 amongst Public Sector Banks by TransUnion
C;wjks ij loZJs"B MsVk xq.koÙkk lq/kkj iqjLdkj thrkA ih,QvkjMh, CIBIL. Award of excellence in campaign APY Leadership Capital
}kjk 'kq: fd, x, ,ihokbZ yhMjf'ki dSfiVy vfHk;ku esa vokMZ vkWQ+ launched by PFRDA was also received by the Bank.
,Dlhysal Hkh cSad dks izkIr gqvkA
cSad us eSllZ baQksfll ds lkFk la;qä :i ls Xykscy Qkbusal fjO;w Jointly with M/s Infosys the Bank won the “Global Banking
& Finance Awards 2021” in the category “Initiative Core
daiuh }kjk foÙk o"kZ 2020&21 ds fy, Þbfuf'k,fVo dksj ,esyxkes'kuÞ
Amalgamation” for FY 2020-21 by Global Finance Review
Js.kh esa ÞXykscy cSa¯dx ,aM Qkbusal vokM~lZ 2021Þ thrkA Company.
blds vykok] cSad us foÙkh; o"kZ 2020&21 ds fy, ljdkjh ;kstuk Further, the Bank bagged 3rd position for its performance in
ih,ebZthih dks ykxw djus esa vius izn'kZu gsrq rhljk LFkku gkfly implementing the Government scheme PMEGP for the FY 2020-
fd;kA 21.
xzkeh.k fodkl ea=kky; ¼,evksvkjMh½ }kjk ,uvkj,y,e ;kstuk ds Bank was awarded 2nd Best Bank in SHG Credit Linkage
rgr cSad dks ,l,pth ØsfMV ¯ydst esa nwljs loZJs"B cSad ls lEekfur under NRLM scheme by Ministry of Rural Development
(MoRD).
fd;k x;kA
cSad us Þ,llh m|fe;ksa dk leFkZu djus okyk lcls egRoiw.kZ _.knkrkÞ Bank also won Dr. Ambedkar Business Excellence Award
Js.kh ds rgr MkW- vacsMdj fctusl ,Dlhysal vokMZ Hkh thrkA under the category “Most Significant lender supporting SC
Entrepreneurs”.
cSad }kjk izkIr vU; iqjLdkj & d`f"k _.k] lw{e foÙk] foÙkh; lekos'ku Other awards that were received by the Bank - Special
vkSj izkS|ksfxdh viukus dh QhYM esa loZJs"B ih,l;w ds fy, ukckMZ Commemorative Award 2021 by NABARD for Best PSU in
the fields of Agriculture Credit, Micro Finance, Financial
}kjk fo'ks"k Lekjd iqjLdkj 2021( ÞloZJs"B dksj&cSa¯dx izkS|ksfxdh
Inclusion and Technology Adoption; The Asian Banker Financial
dk;kZUo;uÞ ds fy, ,f'k;kbZ cSadj foÙkh; izkS|ksfxdh uokpkj iqjLdkj Technology Innovation Award 2021 for “Best Core-banking
2021A Technology Implementation”.
Hkkoh ;kstuk,¡ Looking Ahead
cSa¯dx ds Øfed fodkl esa egkekjh dks ,d ifjorZudkjh ?kVuk ds :i The pandemic is seen as a watershed event in the evolution of
esa ns[kk tkrk gSA dksfoM&19 us cSadksa dks vf/kd lfØ;] mudh yacs le; banking. COVID-19 has caused banks to become more proactive,
ls pyh vk jgh /kkj.kkvksa ij loky mBkus] vkSj vf/kd vuqdwy vkSj to question their long-held assumptions, and to become more
uokpkj;qä cuk fn;k gSA cSa¯dx dk Hkfo"; fMftVy gSA adaptive and innovative. The future of banking is digital.
cSad ,e,l,ebZ] [kqnjk] d`f"k vkSj dkWiksZjsV ds vfxzeksa ij /;ku dsafær Bank will emphasize to improve quality of business by focusing
djds O;olk; dh xq.koÙkk esa lq/kkj ij tksj nsxkA cSad O;olk; on advances from MSME, Retail, Agriculture and Corporate.
lapkyu esa n{krk] xzkgd vuqHko esa lq/kkj vkSj ykxr de djus ds fy, Bank is planning to transform the Digital resources with the
changing environment and expectations by using digitization
iwoZ&vuqeksfnr O;fäxr] isa'ku _.k vkSj bZ&eqæk ds ek/;e ls xzkgdksa
of customer journeys through pre-approved Personal, Pension
dh ;k=kk ds fMftVyhdj.k dk mi;ksx djds cnyrs ifjos'k vkSj loans, and e-Mudra for efficiency in business operations,
vis{kkvksa ds lkFk fMftVy lalk/kuksa dks cnyus dh ;kstuk cuk jgk gSA improving customer experience and reducing cost.
cSad ekStwnk lqfo/kkvksa esa lq/kkj djrs gq, fMftVy m/kkj ;k=kk] cktkj Bank is strengthening PNB ONE app by offering digital lending
dh fo'ks"krkvksa] thou 'kSyh dh is'kd'k] /ku izca/ku lsok,a vkfn dh journeys, market place features, life style offerings, wealth
is'kd'k djds ih,uch ou ,si dks l'kä cuk jgk gSA vkxkeh foÙkh; o"kZ management services etc. by revamping the existing features. In
esa] cSad xSj&fuf/k vk/kkfjr O;olk; vkSj r`rh; i{k mRiknksa ls vk; esa the next Financial Year, Bank will also make efforts towards profit
o`f)] lekesyu ls mRiUUk lgfØ;kvksa dk ykHk mBkdj ykxr@O;; dks maximisation through increase in Non-Fund based business
and income from third party products, reaping synergies
de djus ds fy, 'kk[kkvksa@,Vh,e] iz'kklfud dk;kZy;ksa ds ;qfädj.k
arising out of amalgamation, rationalization of branches/ ATMs,
ds ek/;e ls ykHk dks vf/kdre djus dk iz;kl Hkh djsxkA administrative offices to reduce cost/expenditure.
xzkgdksa dh vis{kkvksa vkSj rsth ls c<+rs foÙkh; ikfjfLFkfrdh ra=k ds To transform the human resources in terms of expectations of
vuq:i esa ekuo lalk/ku esa ifjorZu ds fy,] cSad laiw.kZ ekuo lalkèku customers and fast growing financial ecosystem, the Bank is
planning to design, develop and implement a comprehensive
ifjorZu ykus ds fy, uhfr esa cnyko ds lkFk ,d O;kid lek/kku solution along with change in policy to bring complete HR
cukus fodflr vkSj dk;kZfUor djus dh ;kstuk cuk jgk gSA bl izdkj] transformation. Thus, enabling and optimizing the organisation
csapekdZ bZt vkSj vU; fu;ked vko';drkvksa dk vuqikyu djrs gq,] for the future in terms of achieving business goals, complying
O;kolkf;d y{;ksa dks izkIr djus ds lanHkZ esa laxBu dks Hkfo"; ds fy, with benchmark needs of EASE and other regulatory
l{ke vkSj vuqdwfyr djsxkA requirements.
ekuo lalk/ku ifjorZu dk eq[; ncko {ks=k O;kikfjd vklwpuk ¼vkarfjd The main thrust areas of HR Transformation will be on Business
intelligence (internal and external) driven target setting, HR
vkSj ckgjh½ lapkfyr y{; fu/kkZj.k] ekuo lalk/ku b"Vrehdj.k] Resource optimization, Online Performance Management
vkWuykbu fu"iknu izca/ku iz.kkyh] ;ksX;rk izca/ku vkSj O;fäxr Lrjh; System, Talent Management and Individual level compliance
vuqikyu dh fuxjkuh Vwy ij gksxkA blls vf/kd ikjn£'krk] csgrj Monitoring tool. This shall also lead to more transparency,
n{krk] lalk/kuksa dk b"Vrehdj.k vkSj mRikndrk esa o`f) Hkh gksxhA better efficiency, optimization of resources and enhanced
productivity.
eSa cksMZ ds lHkh lnL;ksa ds fo'okl] Hkjksls vkSj lfØ; lg;ksx ds fy, I would like to express my gratitude to all members of the Board
mudk vkHkkj O;ä djuk pkgrk gwaA eSa foÙk ea=kky; vkSj Hkkjrh; fjtoZ for their trust, faith and active association. I also thank the
cSad dks muds leFkZu vkSj ekxZn'kZu ds fy, Hkh /kU;okn nsrk gwaA eSa bl Ministry of Finance and Reserve Bank of India for their support
and guidance. I also take this opportunity to wholeheartedly
volj ij vius lHkh fgr/kkjdksa dks cSad esa muds n`<+ fo'okl ds fy,
thank all our stakeholders for their unequivocal trust in the Bank.
rgs fny ls /kU;okn nsrk gwaA eSa bl ;k=kk esa vius xzkgdksa ls feys fujarj I would also like to acknowledge the continuous patronage we
leFkZu ds fy, vkHkkj O;ä djuk pkgrk gwaA eSa vius lHkh deZpkfj;ksa have received in this journey from our customers. I thank all
dks bl dfBu le; ds nkSjku muds fujarj leFkZu ds fy, /kU;okn our employees for their unstinted support during this testing
nsrk gwaA vkxkeh foÙkh; o"kZ esa] ge u, vkSj vuqdwy lek/kku iznku times. In the forthcoming financial year, we will continue
djus] n{krk vkSj mRikndrk esa lq/kkj djus] xzkgd dsUæh;rk vkSj czkaM our focus on providing new and tailored solutions, improving
mifLFkfr c<+kus rFkk u, {ks=kksa esa foLrkj djus ij viuk /;ku dsafær efficiency and productivity, enhancing customer centricity and
djuk tkjh j[ksaxsA brand presence, and expanding into new segments.
Yours Sincerely,
vkidk]
¼vrqy dqekj xks;y½ (Atul Kumar Goel)

izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh Managing Director & CEO
funs'kd eaMy | Board of Directors
eq[; egkizca/kd | Chief General Managers
fo"k; lwph Contents
i`"B la- Page No.
uksfVl 2&43 Notice 2-43
funs'kdksa dh fjiksVZ 45&78 Directors’ Report 45-78
izca/ku ifjppkZ ,oa fo'ys"k.k 79&106 Management Discussion and Analysis 79-106
dkWiksZjsV vfHk'kklu ij ys[kk ijh{kdksa dk çek.k&i=k 107&108 Auditors’ Certificate on Corporate Governance 107-108
dkWiksZjsV vfHk'kklu ij fjiksVZ 109&173 Report on Corporate Governance 109-173
lfpoh; ys[kkijh{kk fjiksVZ 174&179 Secretarial Audit Report 174-179
funs'kdksa dh xSj&v;ksX;rk dk izek.k i=k 180&181 Certificate of Non-Disqualification of Directors 180-181
dkjksckj mÙkjnkf;Ro fjiksVZ 183&205 Business Responsibility Report 183-205
dkWiksZjsV lkekftd mÙkjnkf;Ro fjiksVZ 207&225 Corporate Social Responsibility Report 207-225
csly&III ds varxZr izdVhdj.k 226 Disclosure under Basel III 226
foÙkh; foojf.k;ka ¼,dy½ 227 Financial Statements (Standalone) 227

- rqyu&i=k 228&232 - Balance Sheet 228-229
- ykHk vkSj gkfu ys[kk 230&232 - Profit & Loss Account 230-232
- vuqlwfp;ka 233&245 - Schedules 233-245
- izeq[k ys[kkadu uhfr;ka 246&261 - Significant Accounting Policies 246-261
- [kkrksa ls lacaf/kr fVIif.k;ka 262&352 - Notes to Accounts 262-352
- udnh izokg fooj.k 353&356 - Cash Flow Statement 353-356
- ys[kkijh{kdksa dh fjiksVZ 357&370 - Auditors’ Report 357-370
lesfdr foÙkh; foojf.k;ka 371 Consolidated Financial Statements 371

- rqyu&i=k 372&373 - Balance Sheet 372-373
- ykHk vkSj gkfu ys[kk 374&376 - Profit & Loss Account 374-376
- vuqlwfp;ka 377&388 - Schedules 377-388
- izeq[k ys[kkadu uhfr;ka 389&405 - Significant Accounting Policies 389-405
- [kkrksa ls lacaf/kr fVIif.k;ka 406&431 - Notes to Accounts 406-431
- udnh izokg fooj.k 432&435 - Cash Flow Statement 432-435
- ys[kkijh{kdksa dh fjiksVZ 436&448 - Auditors’ Report 436-448
ys[kkijh{kd AUDITORS
,l ,u /kou ,aM daiuh ,y,yih S N Dhawan & Co. LLP.
,l vkj xks;y ,aM daiuh S R Goyal & Co.
ih,l,eth ,aM ,lksfl,V~l P S M G & Associates
,l lh ckiuk ,aM ,lksfl,V~l S C Bapna & Associates
Mh ds NktM+ ,aM daiuh D K Chhajer & Co.
'ks;j varj.k ,tsaV SHARE TRANSFER AGENT

chVy Qkbusaf'k;y ,aM dEI;wVj l£oflt+ ¼izk-½ fy- Beetal Financial & Computer Services (P) Limited
*chVy gkml*] r`rh; ry] ‘Beetal House’, 3rd Floor
99] enuxhj] yksdy 'kkW¯ix lsaVj ds ihNs] 99, Madangir, Behind Local Shopping Centre
ubZ fnYyh 110 062 New Delhi 110062
Vsyh-ua- 011&29961281@82@83] QSDl % 011&29961284 Tel. No. 011-29961281/82/83, Fax: 011-29961284
bZ&esy% [email protected] e-mail: [email protected]
1
iz/kku dk;kZy; % IykWV ua- 4] lSDVj 10] }kjdk] ubZ fnYyh 110075 Head Office: Plot No.4, Sector 10, Dwarka, New Delhi – 110075
(bZ&esy vkbZMh : [email protected]) (E-mail id: [email protected])
lwpuk NOTICE
,rn~}kjk lwfpr fd;k tkrk gS fd iatkc uS'kuy cSad ds 'ks;j/kkjdksa NOTICE IS HEREBY GIVEN that the 21st Annual General Meeting
dh 21oha ok£"kd vke cSBd 30 twu] 2022] xq#okj dks izkr% 11-00 of the Shareholders of Punjab National Bank will be held on
Thursday, the 30th June, 2022 at 11.00 A.M. (IST) through Video
cts ¼Hkkjrh; ekud le;½ ohfM;ks dkWUÝsa¯lx ¼ohlh½@ vU; vkWfM;ks Conferencing (VC) / Other Audio-Visual Means (OAVM) to
fotqvy lk/kuksa ¼vks,oh,e½ ds ek/;e ls vk;ksftr dh tk,xh ftlesa transact the following business:
fuEufyf[kr dk;Z fd, tk,axs %&
lk/kkj.k dkjksckj ORDINARY BUSINESS
en la- 1% 31 ekpZ] 2022 dks cSad ds ys[kkijhf{kr rqyu i=k] 31 Item No.1: To discuss, approve and adopt the Audited Balance
ekpZ 2022 dks lekIr o"kZ ds fy, cSad ds ykHk vkSj gkfu ys[kksa] Sheet of the Bank as at 31st March 2022, Profit and Loss
Account of the Bank for the year ended 31st March 2022, the
ys[kksa }kjk doj dh xbZ vof/k ds fy, cSad ds dkedkt vkSj Report of the Board of Directors on the working and activities
xfrfof/k;ksa ij funs'kd eaMy dh fjiksVZ rFkk rqyu i=k ,oa of the Bank for the period covered by the Accounts and the
ys[kksa ij ys[kkijh{kdksa dh fjiksVZ ij ppkZ djuk] vuqeksnu nsuk Auditor’s Report on the Balance Sheet and Accounts.
rFkk Lohdkj djukA
fuEufyf[kr ladYi ij fopkj djuk vkSj mfpr leÖks tkus ij To consider and if thought fit, to pass the following as Ordinary
fuEufyf[kr ladYi ikfjr djuk% Resolution:
^^ladYi fd;k tkrk gS fd 31 ekpZ] 2022 dks cSad ds ys[kkijhf{kr “RESOLVED THAT the Audited Balance Sheet of the Bank as at
rqyu i=k] 31 ekpZ] 2022 dks lekIr o"kZ ds fy, cSad ds ykHk vkSj gkfu 31st March 2022, Profit and Loss Account of the Bank for the year
ended 31st March 2022, the Report of the Board of Directors on
ys[kksa] ys[kksa }kjk doj dh xbZ vof/k ds fy, cSad ds dkedkt vkSj
the working and activities of the Bank for the period covered
xfrfof/k;ksa ij funs'kd eaMy dh fjiksVZ rFkk rqyu i=k ,oa ys[kksa ij by the Accounts and the Auditors’ Report on the Balance Sheet
ys[kkijh{kdksa dh fjiksVZ dks ,rn~}kjk fopkj foe'kZ] vuqeksfnr ,oa and Accounts be and are hereby approved and adopted.”
Lohdkj fd;k x;kAÞ
en la- 2% foÙkh; o"kZ 2021&22 ds fy, cSad ds bfDoVh 'ks;jksa ij Item No.2: To declare dividend on the equity shares of the
ykHkka'k ?kksf"kr djuk Bank for the financial year 2021-22.
fuEufyf[kr lk/kkj.k ladYi ikfjr djuk% Resolution:
^^ladYi fd;k tkrk gS fd 31 ekpZ] 2022 dks lekIr foÙkh; o"kZ ds “RESOLVED THAT dividend at the rate of `0.64 per equity share
fy, cSad ds izR;sd `2@& ds vafdr ewY; ds bfDoVh 'ks;j ij `0-64 dh of the face value of `2/- each of the Bank be and is hereby
nj ls izfr 'ks;j ykHkka'k ?kksf"kr fd;k x;k gSAÞ declared for the financial year ended 31st March, 2022.”
fo'ks"k dkjksckj SPECIAL BUSINESS

en la- 3% ,deq'r izfrHkwfr ysu&nsu ¼izfrHkwfr;ksa dh fcØh@ Item No. 3: To consider and approve the Material Related
[kjhn½] eqnzk cktkj ysunsu] izfrHkwfr;ksa dh izkFkfed Party Transaction for outright securities transactions (sale/
lnL;rk] bZchih ds ek/;e ls ih,uch ,ulhMh fuxZeu esa purchase of securities), Money Market transactions, Primary
lqj{kk O;oLFkkdrkZ lsokvksa vkfn ds fy, lacaf/kr ikVhZ ds subscription of securities, Security Arranger services in PNBs
NCD issuances through EBP and also such other transactions
egÙoiw.kZ ysunsu vkSj ih,uch fxYV~l fyfeVsM ¼vuq"kaxh½]
as may be disclosed in the notes forming part of the Financial
ih,uch gkm¯lx Qkbusal fyfeVsM ¼lgk;d½] ih,uch esVykbQ Statements for the relevant Financial Year with PNB Gilts
bafM;k ba';ksjsal daiuh fyfeVsM ¼lgk;d½ ds lkFk izklafxd
2
foÙkh; o"kZ ds foÙkh; fooj.kksa dk fgLlk cuus okyh lwpukvksa esa Limited (Subsidiary), PNB Housing Finance Ltd. (Associate),
izdV fd;s tk ldus okys ,sls vU; ysunsu ij Hkh fopkj djuk PNB Metlife India Insurance Company Ltd. (Associate).
vkSj vuqeksnu djukA
fuEufyf[kr ladYi ikfjr djuk% Resolution:
^^ladYi fd;k tkrk gS fd Hkkjrh; izfrHkwfr vkSj fofue; cksMZ “RESOLVED THAT pursuant to the provisions of Regulation
¼lwphc)rk nkf;Ro vkSj izdVhdj.k vis{kk,a½ fofu;e] 2015 ¼blds 23(4) of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations,
ckn Þlsch lwphdj.k fofu;eÞ ds :i esa lanfHkZr½ ds fofu;e 23¼4½
2015 (hereinafter referred to as “SEBI Listing Regulations”)
ds izko/kkuksa vkSj ,sls vU; ykxw dkuwuh izko/kkuksa] ;fn dksbZ gks] vkSj and such other applicable provisions of law, if any, and any
mlesa fdlh Hkh la'kks/ku] vk'kks/ku] ifjorZu ;k mlds iqu% vf/kfu;eu amendments, modifications, variations or re-enactments
¼blds ckn Þykxw dkuwuÞ ds :i esa lanfHkZr½ vkSj iatkc uS'kuy cSad thereof (hereinafter referred to as “Applicable Laws”) and the
¼blds ckn ÞcSadÞ ds :i esa lanfHkZr½ dh *lacaf/kr ikVhZ ysunsu ij uhfr* ‘Policy on Related Party Transactions’ of Punjab National Bank
ds vuqlj.k esa] cSad ds 'ks;j/kkjd ,rn~}kjk cSad ds funs'kd eaMy (hereinafter referred to as “Bank”), the Shareholders of the
Bank do hereby accord approval to the Board of Directors of
¼blds ckn ÞcksMZÞ ds :i esa lanfHkZr] ftl 'kCn esa bl ladYi ds rgr
the Bank (hereinafter referred to as “Board”, which term shall
iznku dh xbZ 'kfä;ksa dk iz;ksx djus ds fy, cksMZ dh ys[kk ijh{kk be deemed to include the Audit Committee of Board or any
lfefr ;k cksMZ }kjk fofèkor :i ls xfBr fdlh Hkh lfefr dks 'kkfey Committee duly constituted by the Board, to exercise its powers
ekuk tk,xk½ dks lsch lwphdj.k fofu;e ds fofu;e 2¼1½¼tsMch½ ds conferred under this resolution), for entering into and/or
vfHkizk; ds Hkhrj cSad dh lacafèkr ikfVZ;ksa] ih,uch fxYV~l fyfeVsM] carrying out and/or continuing with contracts or arrangements
ih,uch gkmflax Qkbusal fyfeVsM ¼ih,uch,p,Q,y½ vkSj ih,uch or transactions (whether individual transaction or transactions
taken together or a series of transactions or otherwise) for
esVykbQ bafM;k ba';ksjsal daiuh fyfeVsM ds lkFk #-1000 djksM+ ;k Outright securities transactions (Sale/Purchase of securities).
cSad ds vafre ys[kkijhf{kr foÙkh; fooj.kksa ds vuqlkj cSad ds okf"kZd Money Market transactions, Primary subscription of securities,
lesfdr VuZvksoj ds 10% ds eSVsfj;fyVh FkzslgksYM] tks Hkh de gks] ls Security Arranger Services in PNBs NCD issuances through
vf/kd jkf'k ds fy, ,deq'r izfrHkwfr ysunsu ¼izfrHkwfr;ksa dh fcØh@ EBP and also such other transactions as may be disclosed
[kjhn½] eqæk cktkj ysunsu] izfrHkwfr;ksa dh izkFkfed lnL;rk] ih,uch in the notes forming part of the Financial Statements for the
,ulhMh fuxZeu esa bZchih ds ek/;e ls lqj{kk O;oLFkkdrkZ lsok,a vkSj relevant Financial Year, with PNB Gilts Limited, PNB Housing
Finance Limited (PNBHFL) and PNB Metlife India Insurance
,sls vU; ysunsu Hkh] tks izklafxd foÙkh; o"kZ ds fy, foÙkh; fooj.k dk Company Ltd., Related Parties of the Bank within the meaning
fgLlk cuus okyh fVIif.k;ksa esa izdV fd, tk ldrs gSa] tSlk foÙkh; o"kZ of Regulation 2(1)(zb) of SEBI Listing Regulations, for an amount
2022&23 ds nkSjku ykxw dkuwuksa ds rgr fu/kkZfjr fd;k x;k gS] tSlk in excess of the materiality threshold of `1000 Crore or 10% of
fd uksfVl ds lkFk layXu O;k[;kRed fooj.k esa fufnZ"V gS] vuqca/k ;k the Annual Consolidated Turnover of the Bank as per the last
leÖkkSrsa ;k ysunsu djus vkSj@;k dk;kZfUor djus vkSj@;k tkjh j[kus audited financial statements of the Bank, whichever is lower,
ds fy,¼pkgs O;fäxr ysunsu gksa ;k ysunsu ,d lkFk fd, x, gks ;k as prescribed under Applicable Laws, during FY 2022-23, as
specified in the Explanatory Statement annexed to the Notice."
ysunsu dh ,d Jà[kyk gks ;k vU;Fkk gks½ vuqeksnu iznku djrs gSaA**
^^vkxs ;g ladYi fd;k tkrk gS fd cksMZ lHkh vko';d nLrkostksa] “RESOLVED FURTHER THAT the Board be and is hereby
vuqca/kksa] foys[kksa] djkjksa ij gLrk{kj djus vkSj fu"ikfnr djus vkSj authorised to sign and execute all necessary documents,
,sls lHkh dk;ks±] MhM] ekeyksa vkSj phtksa dks djus ds fy,] tSlk fd og contracts, deeds, agreements and to do all such acts, deeds,
vius iw.kZ foosdkf/kdkj ls bl ladYi dks ykxw djus vkSj bl laca/k matters and things as it may in its absolute discretion deem
necessary or expedient to give effect to this resolution and to
;k bl izlax esa mRiUUk gksus okys fdlh Hkh iz'u dk lek/kku djus ds
settle any question that may arise in this regard and incidental
fy, vko';d ;k mfpr leÖks] vf/kd`r gS vkSj ,rn~}kjk vf/kd`r fd;k thereto, without being required to seek any further consent
tkrk gS] blds vkxs] 'ks;j/kkjdksa dh lgefr ;k var esa eatwjh ysus dh or approval of the shareholders to the end and intent that the
vko';drk ds fcuk vkSj bl vk'k; ls fd 'ks;j/kkjdksa us bl ladYi ds shareholders shall be deemed to have given their approval
izkf/kdkj }kjk Li"V :i ls viuh Lohd`fr ns nh gSA thereto expressly by the authority of this resolution.”
^^vkxs ;g Hkh ladYi fd;k tkrk gS fd cksMZ ,rn~}kjk bls iznku “RESOLVED FURTHER THAT the Board be and is hereby
dh xbZ lHkh ;k fdlh Hkh 'kfä dks tSlk fd ;g iwoksZä ladYi dks ykxw authorised to delegate all or any of the powers herein conferred
djus ds fy, mfpr leÖks] izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh on it, to the Managing Director & CEO or Executive Director(s)
or Committee of Executives or any Officer(s) of the Bank, as it
;k dk;Zikyd funs'kd ¼dksa½ ;k dk;Zikydksa dh lfefr ;k cSad ds fdlh
may deem fit, to give effect to the aforesaid Resolution.”
vf/kdkjh ¼vf/kdkfj;ksa½ dks lkSaius ds fy, vf/kd`r gS vkSj ,rn~}kjk bls
vf/kd`r fd;k tkrk gSAÞ
3
en la- 4% ih,uch fxYV~l fyfeVsM ¼lgk;d½ vkSj ih,uch Item No. 4: To consider and approve the Material Related
gkmflax Qkbusal fyfeVsM ¼,lksfl,V½ ds lkFk _.k vkSj vfxze Party Transactions for Loans and Advances with PNB Gilts Ltd.
ds fy, lacaf/kr ikVhZ ds egRoiw.kZ ysunsu ij fopkj djuk vkSj (Subsidiary) and PNB Housing Finance Ltd. (Associate).
vuqeksnu djukA
fuEufyf[kr ladYi ij fopkj djuk vkSj mfpr leÖks tkus ij] To consider and if thought fit, to pass the following as Ordinary
fuEufyf[kr fo'ks"k ladYi ikfjr djuk% Resolution:
ckn Þlsch lwphdj.k fofu;eÞ ds :i esa lanfHkZr½ ds fofu;e 23¼4½ Obligations and Disclosure Requirements) Regulations, 2015
(hereinafter referred to as “SEBI Listing Regulations”) and such
ds izko/kkuksa vkSj ,sls vU; ykxw dkuwuh izko/kkuksa] ;fn dksbZ gks] vkSj other applicable provisions of law, if any, and any amendments,
mlesa fdlh Hkh la'kks/ku] vk'kks/ku] ifjorZu ;k mlds iqu% vf/kfu;eu modifications, variations or re-enactments thereof (hereinafter
¼blds ckn Þykxw dkuwuÞ ds :i esa lanfHkZr½ vkSj iatkc uS'kuy cSad referred to as “Applicable Laws”) and the ‘Policy on Related
¼blds ckn ÞcSadÞ ds :i esa lanfHkZr½ dh *lacaf/kr ikVhZ ysunsu ij uhfr* Party Transactions’ of Punjab National Bank (hereinafter
ds vuqlj.k esa] cSad ds 'ks;j/kkjd ,rn~}kjk cSad ds funs'kd eaMy referred to as “Bank”), the Shareholders of the Bank do
¼blds ckn ÞcksMZÞ ds :i esa lanfHkZr] ftl 'kCn esa bl ladYi ds rgr hereby accord approval to the Board of Directors of the Bank
(hereinafter referred to as “Board”, which term shall be deemed
iznku dh xbZ 'kfä;ksa dk iz;ksx djus ds fy, cksMZ dh ys[kk ijh{kk to include the Audit Committee of Board or any Committee duly
lfefr ;k cksMZ }kjk fof/kor :i ls xfBr fdlh Hkh lfefr dks 'kkfey constituted by the Board, to exercise its powers conferred under
ekuk tk,xk½ dks lsch lwphdj.k fofu;e ds fofu;e 2¼1½¼tsMch½ ds this resolution), for entering into and/or carrying out and/or
vfHkizk; ds Hkhrj cSad dh lacaf/kr ikfVZ;ksa ih,uch fxYV~l fyfeVsM vkSj continuing with contracts or arrangements or transactions
ih,uch gkmflax Qkbusal fyfeVsM ¼ih,uch,p,Q,y½ dks] #-1000 (whether individual transaction or transactions taken together
djksM+ ;k cSad ds vafre ys[kkijhf{kr foÙkh; fooj.kksa ds vuqlkj cSad ds or a series of transactions or otherwise) of granting of Loans
and Advances such as Term Loans, Line of Credit, Overdraft
okf"kZd lesfdr VuZvksoj ds 10% ds eSVsfj;fyVh FkzslgksYM tks Hkh de etc., to PNB Gilts Limited and PNB Housing Finance Limited
gks] ls vf/kd jkf'k ds fy,] tSlk foÙkh; o"kZ 2022&23 ds nkSjku ykxw (PNBHFL), Related Parties of the Bank within the meaning of
dkuwuksa ds rgr fu/kkZfjr fd;k x;k gS] tSlk fd uksfVl ds lkFk layXu Regulation 2(1)(zb) of SEBI Listing Regulations, for an amount
O;k[;kRed fooj.k esa fufnZ"V gS] _.k vkSj vfxze tSls fd fe;knh _.k] in excess of the materiality threshold of `1000 Crore or 10% of
_.k lgk;rk] vksojMªk¶V bR;kfn Lohd`r djus gsrq vuqca/k ;k leÖkkSrsa the Annual Consolidated Turnover of the Bank as per the last
;k ysunsu djus vkSj@;k dk;kZfUor djus vkSj@;k tkjh j[kus ds fy, audited financial statements of the Bank, whichever is lower,
as prescribed under Applicable Laws, during FY 2022-23, as
¼pkgs O;fäxr ysunsu gksa ;k ysunsu ,d lkFk fd, tk,a gks ;k ysunsu specified in the Explanatory Statement annexed to the Notice."
dh ,d Jà[kyk ;k vU;Fkk gks½ vuqeksnu iznku djrs gSaA**
^^vkxs ;g ladYi fd;k tkrk gS fd cksMZ lHkh vko';d nLrkostksa] “RESOLVED FURTHER THAT the Board be and is hereby
matters and things as it may in its absolute discretion deem
vius iw.kZ foosdkf/kdkj ls bl ladYi dks ykxw djus vkSj bl laca/k ;k
bl izlax esa mRiUUk gksus okys fdlh Hkh iz'u dk lek/kku djus ds fy, settle any question that may arise in this regard and incidental
vko';d ;k mfpr leÖks] vf/kd`r gS vkSj ,rn~}kjk vf/kd`r fd;k thereto, without being required to seek any further consent
;k dk;Zikyd funs'kd ¼dksa½ ;k dk;Zikydksa dh lfefr ;k cSad ds fdlh
may deem fit, to give effect to the aforesaid Resolution.”
vf/kdkjh ¼vf/kdkfj;ksa½ dks lkSaius ds fy, vf/kd`r gS vkSj ,rn~}kjk bls
4
en la[;k 5% {ks=kh; xzkeh.k cSadksa ¼lg;ksfx;ksa½ ds lkFk Item No. 5: To consider and approve the Material Related
vkbZchihlh ysunsu ds fy, lacaf/kr ikVhZ ds egRoiw.kZ ysunsu Party Transactions for IBPC Transactions with Regional Rural
ij fopkj djuk vkSj vuqeksnu djuk Banks (Associates)
fuEufyf[kr ladYi ij fopkj djuk vkSj mfpr leÖks tkus ij To consider and if thought fit, to pass the following as an
fuEufyf[kr lk/kkj.k ladYi ikfjr djuk% Ordinary Resolution:
Obligations and Disclosure Requirements) Regulations, 2015
ckn Þlsch lwphdj.k fofu;eÞ ds :i esa lanfHkZr½ ds fofu;e 23¼4½ (hereinafter referred to as “SEBI Listing Regulations”) and such
ds izko/kkuksa vkSj ,sls vU; ykxw dkuwuh izko/kkuksa] ;fn dksbZ gks] vkSj other applicable provisions of law, if any, and any amendments,
¼blds ckn Þykxw dkuwuÞ ds :i esa lanfHkZr**½ vkSj iatkc uS'kuy cSad referred to as “Applicable Laws”) and the ‘Policy on Related
Party Transactions’ of Punjab National Bank (hereinafter
¼blds ckn ÞcSadÞ ds :i esa lanfHkZr½ dh *lacaf/kr ikVhZ ysunsu ij uhfr*
referred to as “Bank”), the Shareholders of the Bank do
ds vuqlj.k esa] cSad ds 'ks;j/kkjd ,rn~}kjk cSad ds funs'kd eaMy hereby accord approval to the Board of Directors of the Bank
¼blds ckn ÞcksMZÞ ds :i esa lanfHkZr] ftl 'kCn esa bl ladYi ds rgr (hereinafter referred to as “Board”, which term shall be deemed
iznku dh xbZ 'kfä;ksa dk iz;ksx djus ds fy, cksMZ dh ys[kk ijh{kk to include the Audit Committee of Board or any Committee duly
lfefr ;k cksMZ }kjk fofèkor :i ls xfBr fdlh Hkh lfefr dks 'kkfey constituted by the Board, to exercise its powers conferred under
this resolution), for entering into and/or carrying out and/or
ekuk tk,xk½] dks lsch lwphdj.k fofu;e ds fofu;e 2¼1½¼tsMch½ ds continuing with contracts or arrangements or transactions
vfHkizk; ds Hkhrj cSad dh lacaf/kr ikfVZ;ksa] {ks=kh; xzkeh.k cSad ;kfu vle (whether individual transaction or transactions taken together
xzkeh.k fodkl cSad] caxh; xzkeh.k fodkl cSad] fgekpy izns'k xzkeh.k or a series of transactions or otherwise) for undertaking IBPC
cSad] ef.kiqj xzkeh.k cSad] iatkc xzkeh.k cSad] izFkek ;wih xzkeh.k cSad] transactions with Regional Rural Banks viz. Assam Gramin Vikash
Bank, Bangiya Gramin Vikash Bank, Himachal Pradesh Gramin
f=kiqjk xzkeh.k cSad] nf{k.k fcgkj xzkeh.k cSad vkSj loZ gfj;k.kk xzkeh.k
Bank, Manipur Rural Bank, Punjab Gramin Bank, Prathama
cSad] ds lkFk] #- 1000 djksM+ ;k cSad ds vafre ys[kkijhf{kr foÙkh; UP Gramin Bank, Tripura Gramin Bank, Dakshin Bihar Gramin
fooj.kksa ds vuqlkj cSad ds okf"kZd lesfdr VuZvksoj ds 10% ds Bank and Sarva Haryana Gramin Bank, Related Parties of the
eSVsfj;fyVh FkzslgksYM] tks Hkh de gks] ls vf/kd jkf'k ds fy,] tSlk Bank within the meaning of Regulation 2(1)(zb) of SEBI Listing
foÙkh; o"kZ 2022&23 ds nkSjku ykxw dkuwuksa ds rgr fu/kkZfjr fd;k x;k Regulations, for an amount in excess of the materiality threshold
of `1000 Crore or 10% of the Annual Consolidated Turnover of
gS] tSlk fd uksfVl ds lkFk layXu O;k[;kRed fooj.k esa fufnZ"V gS] the Bank as per the last audited financial statements of the
vkbZchihlh ysunsu gsrq] vuqca/k ;k leÖkkSrsa ;k ysunsu djus vkSj@;k Bank, whichever is lower, as prescribed under Applicable Laws,
dk;kZfUor djus vkSj@;k tkjh j[kus ds fy, ¼pkgs O;fäxr ysunsu gksa during FY 2022-23, as specified in the Explanatory Statement
;k ysunsu ,d lkFk fd, tk,a gks ;k ysunsu dh ,d Jà[kyk ;k vU;Fkk annexed to the Notice."
gks½ vuqeksnu iznku djrs gSaA**
Þvkxs ;g ladYi fd;k tkrk gS fd cksMZ lHkh vko';d nLrkostksa] “RESOLVED FURTHER THAT the Board be and is hereby
vius iw.kZ foosdkf/kdkj ls bl ladYi dks ykxw djus vkSj bl laca/k ;k matters and things as it may in its absolute discretion deem
bl izlax esa mRiUUk gksus okys fdlh Hkh iz'u dk lek/kku djus ds fy,
settle any question that may arise in this regard and incidental
;k dk;Zikyd funs'kd ¼dksa½ ;k dk;Zikydksa dh lfefr ;k cSad ds fdlh or Committee of Executives or any Officer(s) of the Bank, as it
vf/kdkjh ¼vf/kdkfj;ksa½ dks lkSaius ds fy, vf/kd`r gS vkSj ,rn~}kjk bls may deem fit, to give effect to the aforesaid Resolution.”
5
en la[;k 6% ih,uch fxYV~l fyfeVsM ¼vuq"kaxh½ vkSj ih,uch Item No. 6: To consider and approve the Material Related
gkmflax Qkbusal fyfeVsM ¼lgk;d½ ds lkFk pkyw [kkrksa Party Transactions in the Current Accounts with PNB Gilts Ltd.
esa lacaf/kr ikVhZ ds egRoiw.kZ ysunsu ij fopkj djuk vkSj (Subsidiary) and PNB Housing Finance Ltd. (Associate).
vuqeksnu djukA
fuEufyf[kr lk/kkj.k ladYi ikfjr djuk% Resolution:
ds izkoèkkuksa vkSj ,sls vU; ykxw dkuwuh izko/kkuksa] ;fn dksbZ gks] vkSj other applicable provisions of law, if any, and any amendments,
¼blds ckn Þykxw dkuwuÞ ds :i esa lanfHkZr½ vkSj iatkc uS'kuy cSad referred to as “Applicable Laws”) and the ‘Policy on Related
¼blds ckn ÞcSadÞ ds :i esa lanfHkZr½ dh ^lacaf/kr ikVhZ ysunsu ij uhfr* Party Transactions’ of Punjab National Bank (hereinafter
referred to as “Bank”), the Shareholders of the Bank do
ds vuqlj.k esa] cSad ds 'ks;j/kkjd ,rn~}kjk cSad ds funs'kd eaMy
hereby accord approval to the Board of Directors of the Bank
¼blds ckn ÞcksMZÞ ds :i esa lanfHkZr] ftl 'kCn esa bl ladYi ds rgr (hereinafter referred to as “Board”, which term shall be deemed
iznku dh xbZ 'kfä;ksa dk iz;ksx djus ds fy, cksMZ dh ys[kk ijh{kk to include the Audit Committee of Board or any commitee duly
lfefr ;k cksMZ }kjk fof/kor:i ls xfBr dksbZ Hkh lfefr dks 'kkfey constituted by Board, to exercise its powers conferred under
ekuk tk,xk½ dks lsch lwphdj.k fofu;e ds fofu;e 2¼1½¼tsMch½ ds this resolution), for entering into and/or carrying out and/
or continuing with contracts or arrangements or transactions
vfHkizk; ds Hkhrj cSad dh lacaf/kr ikfVZ;ksa] ih,uch fxYV~l fyfeVsM vkSj (whether individual transaction or transactions taken together
ih,uch gkmflax Qkbusal fyfeVsM ¼ih,uch,p,Q,y½ ds lkFk cSad or a series of transactions or otherwise) for acceptance of
}kjk pkyw [kkrk tek] pkgs u, tek ¼vksa½ ;k fdlh o`f) ¼vksa½ ds ek/;e current account deposits by the Bank whether by way of fresh
ls ;k igys ds vuqca/kksa@leÖkkSrksa@ysunsuksa esa la'kks/ku ;k vU;Fkk ds :i deposit(s) or any extension(s) or modification(s) of earlier
esa gks] dh Lohd`fr gsrq] blds ckotwn fd fdlh Hkh fnu mPpre cdk;k contracts/arrangements/transactions or otherwise, with PNB
Gilts Limited and PNB Housing Finance Limited, Related Parties
jkf'k #- 1000 djksM+ ;k cSad ds vafre ys[kkijhf{kr foÙkh; fooj.kksa of the Bank within the meaning of Regulation 2(1)(zb) of SEBI
ds vuqlkj cSad ds okf"kZd lesfdr VuZvksoj ds 10% ds eSVsfj;fyVh Listing Regulations, notwithstanding the fact that the highest
FkzslgksYM] tks Hkh de gks] ls vf/kd gks ldrh gS] tSlk fd foÙkh; o"kZ outstanding balance on any day may exceed the materiality
2022&23 ds nkSjku ykxw dkuwuksa ds rgr fu/kkZfjr fd;k x;k gS] tSlk threshold of `1000 Crore or 10% of the Annual Consolidated
Turnover of the Bank as per the last audited financial statements
uksfVl ds lkFk layXu O;k[;kRed fooj.k esa fufnZ"V gS] vuqca/k ;k
of the Bank, whichever is lower, as prescribed under Applicable
leÖkkSrsa ;k ysunsu djus vkSj@;k dk;kZfUor djus vkSj@;k tkjh j[kus Laws, during FY 2022-23, as specified in the Explanatory
ds fy, ¼pkgs O;fäxr ysunsu gksa ;k ysunsu ,d lkFk fd, tk,a gks ;k Statement annexed to the Notice."
ysunsu dh ,d Jà[kyk ;k vU;Fkk gks½ vuqeksnu iznku djrs gSaA**
matters and things as it may in its absolute discretion deem
vius iw.kZ foosdkf/kdkj ls bl ladYi dks ykxw djus vkSj bl laca/k
;k bl izlax esa mRiUUk gksus okys fdlh Hkh iz'u dk lek/kku djus ds settle any question that may arise in this regard and incidental
fy, vko';d ;k mfpr leÖks] vf/kd`r gS vkSj ,rn~}kjk bls vf/kd`r thereto, without being required to seek any further consent
fd;k tkrk gS] blds vkxs] 'ks;j/kkjdksa dh lgefr ;k var esa eatwjh ysus or approval of the shareholders to the end and intent that the
dh vko';drk ds fcuk vkSj bl vk'k; ls fd 'ks;j/kkjdksa us bl ladYi shareholders shall be deemed to have given their approval
ds izkf/kdkj }kjk Li"V :i ls viuh Lohd`fr ns nh gSA thereto expressly by the authority of this resolution.”
6
on it, to the Managing Director & CEO or Executive Director(s)
djus ds fy, mfpr leÖks] izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh
;k dk;Zikyd funs'kd ¼dksa½ ;k dk;Zikydksa dh lfefr ;k cSad ds fdlh may deem fit, to give effect to the aforesaid Resolution.”
vf/kdkjh ¼vf/kdkfj;ksa½ dks lkSaius ds fy, vf/kd`r gS vkSj ,rn~}kjk
vfèkd`r fd;k tkrk gSAÞ
en la[;k 7% Mªd ih,uch cSad fyfeVsM ¼varjkZ"Vªh; vuq"kaxh½ Item No.7: To consider and approve the Material Related Party
vkSj ,ojsLV cSad fyfeVsM ¼varjkZ"Vªh; la;qä m|e½ ds lkFk Transactions in the Nostro Account with Druk PNB Bank Ltd.
(International Subsidiary) & Everest Bank Ltd. (International
uksLVªks [kkrs esa lacaf/kr ikVhZ ds egRoiw.kZ ysunsu ij fopkj
Joint Venture).
djuk vkSj vuqeksnu djukA
fuEufyf[kr ladYi ij fopkj djuk vkSj mfpr leÖks tkus ij] To consider and if thought fit, to pass the following as Ordinary
fuEufyf[kr fo'ks"k ladYi ikfjr djuk% Resolution:
ds izkoèkkuksa vkSj ,sls vU; ykxw dkuwuh izko/kkuksa] ;fn dksbZ gks] vkSj
other applicable provisions of law, if any, and any amendments,
¼blds ckn Þykxw dkuwuÞ ds :i esa lanfHkZr**½ vkSj iatkc uS'kuy cSad referred to as “Applicable Laws”) and the ‘Policy on Related
¼blds ckn ÞcSadÞ ds :i esa lanfHkZr½ dh *lacaf/kr ikVhZ ysunsu ij uhfr* Party Transactions’ of Punjab National Bank (hereinafter
ds vuqlj.k esa] cSad ds 'ks;j/kkjd ,rn~}kjk cSad ds funs'kd eaMy referred to as “Bank”), the Shareholders of the Bank do
¼blds ckn ÞcksMZÞ ds :i esa lanfHkZr] ftl 'kCn esa bl ladYi ds rgr hereby accord approval to the Board of Directors of the Bank
(hereinafter referred to as “Board”, which term shall be deemed
iznku dh xbZ 'kfä;ksa dk iz;ksx djus ds fy, cksMZ dh ys[kk ijh{kk
to include the Audit Committee of Board or any commitee duly
lfefr ;k cksMZ }kjk fof/kor:i ls xfBr dksbZ Hkh lfefr dks 'kkfey constituted by Board, to exercise its powers conferred under
ekuk tk,xk½ dks lsch lwphdj.k fofu;e ds fofu;e 2¼1½¼tsMch½ ds this resolution), for entering into and/or carrying out and/
vfHkizk; ds Hkhrj cSad dh lacaf/kr ikfVZ;ksa] Mªd ih,uch cSad fyfeVsM or continuing with contracts or arrangements or transactions
vkSj ,ojsLV cSad fyfeVsM] ds lkFk] uksLVªks [kkrs esa ysunsu] pkgs u, tek (whether individual transaction or transactions taken together
¼vksa½ ;k fdlh o`f) ¼vksa½ ds ek/;e ls ;k igys ds vuqca/kksa@leÖkkSrksa@ or a series of transactions or otherwise) in the Nostro accounts
whether by way of fresh transaction or any extension(s) or
ysunsuksa esa la'kksèku ;k vU;Fkk ds :i esa gks] blds ckotwn fd fdlh Hkh
modification(s) of earlier contracts/arrangements/transactions
fnu mPpre cdk;k jkf'k #-1000 djksM+ ;k cSad ds vafre ys[kkijhf{kr or otherwise, with Druk PNB Bank Limited and Everest Bank
foÙkh; fooj.kksa ds vuqlkj cSad ds okf"kZd lesfdr VuZvksoj ¼vFkkZr Limited, Related Parties of the Bank within the meaning of
okf"kZd lesfdr dqy vk;½ ds 10% ds eSVsfj;fyVh FkzslgksYM] tks Hkh Regulation 2(1)(zb) of SEBI Listing Regulations, notwithstanding
de gks] ls vf/kd gks ldrh gS] tSlk foÙkh; o"kZ 2022&23 ds nkSjku the fact that the highest outstanding balance on any day may
ykxw dkuwuksa ds rgr fu/kkZfjr fd;k x;k gS] tSlk fd uksfVl ds lkFk exceed the materiality threshold of `1000 Crore or 10% of
the Annual Consolidated Turnover of the Bank as per the last
layXu O;k[;kRed fooj.k esa fufnZ"V gS] ds fy,] vuqca/k ;k leÖkkSrsa
audited financial statements of the Bank, whichever is lower,
;k ysunsu djus vkSj@;k dk;kZfUor djus vkSj@;k tkjh j[kus ds fy, as prescribed under Applicable Laws, during FY 2022-23, as
¼pkgs O;fäxr ysunsu gksa ;k ysunsu ,d lkFk fd, tk,a ;k ysunsu dh specified in the Explanatory Statement annexed to the Notice."
,d Jà[kyk ;k vU;Fkk gks½ vuqeksnu iznku djrs gSaA**
authorised to sign and execute all necessary documents,
vuqca/kksa] foys[kksa] djkjksa ij gLrk{kj djus vkSj fu"ikfnr djus vkSj
contracts, deeds, agreements and to do all such acts, deeds,
,sls lHkh dk;ks±] MhM] ekeyksa vkSj phtksa dks djus ds fy,] tSlk fd og matters and things as it may in its absolute discretion deem
vius iw.kZ foosdkf/kdkj ls bl ladYi dks ykxw djus vkSj bl laca/k ;k necessary or expedient to give effect to this resolution and to
bl izlax esa mRiUUk gksus okys fdlh Hkh iz'u dk lek/kku djus ds fy, settle any question that may arise in this regard and incidental
7
^^vkxs ;g Hkh ladYi fd;k tkrk gS fd cksMZ dks ,rn~}kjk bls iznku “RESOLVED FURTHER THAT the Board be and is hereby
;k dk;Zikyd funs'kd ¼dksa½ ;k dk;Zikydksa dh lfefr ;k cSad ds fdlh may deem fit, to give effect to the aforesaid Resolution.”
vf/kdkjh ¼vf/kdkfj;ksa½ dks lkSaius ds fy, vf/kd`r gS vkSj ,rn~}kjk
vfèkd`r fd;k tkrk gSAÞ
By order of the Board of Directors
funs'kd eaMy ds vkns'k ls For Punjab National Bank
d`rs iatkc uS'kuy cSad
LFkku% ubZ fnYyh ¼,drk iljhpk½ Place: New Delhi (Ekta Pasricha)
frfFk% 03.06.2022 daiuh lfpo Date: 03.06.2022 Company Secretary
8
fVIif.k;k¡% NOTES:
1. Annual General Meeting through Video Conferencing (VC)
1- ohfM;ks dkWUÝsa¯lx ¼ohlh½@vU; vkWfM;ks&fotqvy lk/kuksa
/ Other Audio-Visual Means (OAVM)
¼vks,oh,e½ ds ek/;e ls ok£"kd vke cSBd
,elh, ¼dkWiksZjsV dk;Z ea=kky;½ us vius lkekU; ifji=k la[;k MCA (Ministry of Corporate Affairs) vide its General
Circular No. 02/2022 dated May 05, 2022 has permitted
02@2022 fnukad 05 ebZ] 2022 ds ek/;e ls daifu;ksa dks 31
the companies to hold their AGM through VC/OAVM till
fnlacj] 2022 rd ohlh@vks,oh,e ds ek/;e ls viuh ,th,e 31st December, 2022. Further, SEBI vide its Circular No.
vk;ksftr djus dh vuqefr nh gSA blds vykok] lsch us vius SEBI/HO/CFD/CMD2/ CIR/P/2022/62 dated May 13, 2022
ifji=k la[;k lsch@,pvks @lh,QMh@lh,eMh2@lhvkbZvkj@ has also extended the relaxations to listed entities in
ih@2022@62 fnukad 13 ebZ] 2022 }kjk ohlh@vks,oh,e ds respect of holding General Meetings through VC/OAVM till
ek/;e ls vke cSBdsa vk;ksftr djus ds laca/k esa lwphc) laLFkkvksa 31st December, 2022.
ds fy, NwV dh vof/k Hkh 31 fnlacj] 2022 rd c<+k nh gSA
mijksä fn'kkfunsZ'kksa vkSj cSa¯dx daiuh ¼miØeksa dk vtZu ,oa In accordance with the aforesaid Guidelines and the
varj.k½ vf/kfu;e] 1970 ,oa lsch ¼lwphc)rk nkf;Ro vkSj provisions of the Banking Companies (Acquisition and
Transfer of Undertakings) Act, 1970 & the SEBI (Listing
izdVhdj.k vis{kk,a½ fofu;e] 2015 ds izko/kkuksa ds vuqlkj] cSad Obligations and Disclosure Requirements) Regulations,
dh 21oha ok£"kd vke cSBd ¼,th,e½ ohlh@vks,oh,e ds ek/;e ls 2015, the 21st Annual General Meeting (AGM) of the Bank
vk;ksftr dh tk jgh gS] ftlesa ,d gh LFkku ij 'ks;j/kkjdksa dh is being conducted through VC/OAVM which does not
require physical presence of shareholders at a common
HkkSfrd mifLFkfr dh vko';drk ugha gksrh gSA ohlh@vks,oh,e venue. The Shareholders attending the AGM through VC/
ds ek/;e ls ,th,e esa Hkkx ysus okys 'ks;j/kkjdksa dh x.kuk iatkc OAVM shall be counted for the purpose of reckoning the
uS'kuy cSad ¼'ks;j ,oa cSBdsa½ fofu;e] 2000 ds fofu;e 58 ds quorum under Regulation 58 of Punjab National Bank
(Shares & Meetings) Regulations, 2000. The deemed venue
rgr dksje dh x.kuk ds fy, dh tk,xhA 21oha ,th,e ds fy,
for the 21st AGM shall be the Head Office of the Bank.
laHkkfor LFkku cSad dk iz/kku dk;kZy; gksxkA
ohlh@vks,oh,e ds ek/;e ls ,th,e esa Hkkx ysus] fjeksV bZ&oks¯Vx The facility for participation in the AGM through VC/OAVM,
ds ek/;e ls oks¯Vx djus vkSj ,th,e ds nkSjku bZ&oks¯Vx djus dh voting through remote e-voting and e-voting during the
lqfo/kk uS'kuy flD;ksfjVht fMikWftVjh fyfeVsM ¼,u,lMh,y½ AGM, will be provided by National Securities Depository
Limited (NSDL).
}kjk iznku dh tk,xhA
'ks;j/kkjd uksfVl esa mfYyf[kr izfØ;k dk ikyu djds ohlh@ Shareholders may join the AGM of the Bank through VC/
vks,oh,e lqfo/kk ds ek/;e ls cSad dh ,th,e esa] 'kkfey gks ldrs OAVM facility, by following the procedure as mentioned in
gSa] tks 'ks;j/kkjdksa ds fy, 30 twu 2022 dks lqcg 10%30 cts ls the Notice, which shall be kept open for the shareholders
on 30th June, 2022 from 10:30 a.m. i.e. 30 minutes before
vFkkZr ,th,e 'kq: gksus ds fy, fu/kkZfjr vkjEHk gksus ds le;
the time scheduled to start the AGM. The Bank/NSDL
ls 30 feuV igys [kqyk j[kk tk,xkA cSad@,u,lMh,y fu/kkZfjr may close the window for joining the VC/OAVM facility 30
le; ds 30 feuV ckn ohlh@vks,oh,e lqfo/kk esa 'kkfey gksus ds minutes after the scheduled start time.
fy, ¯oMks can dj ldrk gSA
'ks;j/kkjd ;g uksV djsa fd ,u,lMh,y }kjk iznku dh xbZ ohlh@ Shareholders may please note that the VC/OAVM
vks,oh,e lqfo/kk igys vkvks igys ikvks ds vk/kkj ij de ls de facility, provided by NSDL, allows participation of at least
1,000 shareholders on a first-cum-first-serve basis. The
1]000 lnL;ksa dh Hkkxhnkjh dh vuqefr nsrh gSA cSad dh 'ks;j iwath shareholders holding 2% or more of the share capital of
dk 2% ;k mlls vf/kd j[kus okys 'ks;j/kkjd] izeksVj] laLFkkxr the Bank, Promoter, Institutional Investors, Directors,
fuos'kd] funs'kd] izeq[k izca/kdh; dk£ed] ys[kkijh{kk lfefr Key Managerial Personnel, the Chairpersons of the Audit
ds v/;{k] ukekadu vkSj ikfjJfed lfefr vkSj fgr/kkjd laca/k Committee, Nomination and Remuneration Committee
lfefr] ys[kk ijh{kd vkfn ,th,e esa igys&vkvks&igys ikvks ds and Stakeholders Relationship Committee, Auditors, etc.
vk/kkj ij fcuk fdlh izfrca/k ds vk/kkj ij Hkkx ys ldrs gSaA can attend the AGM without any restriction on account of
first-cum-first-serve basis.
2- bl uksfVl esa fu/kkZfjr en la[;k 3 ls 7 ds laca/k esa 2. The relevant Explanatory Statements setting out material
egRoiw.kZ rF;ksa dks fu/kkZfjr djus okys laxr O;k[;kRed facts in respect of Item Nos. 3 to 7 as set out in this Notice
fooj.k blds lkFk layXu gSaA is annexed hereto.
9
3- izkWDlh dh fu;qfä 3. Appointment of Proxy
A shareholder entitled to attend and vote at the meeting,
cSBd esa Hkkx ysus ,oa ernku djus gsrq ik=k 'ks;j/kkjd] Lo;a ds is entitled to appoint a proxy to attend and vote instead of
LFkku ij mifLFkr gksus vkSj ernku djus gsrq ,d izkWDlh fu;qä himself/herself and such a proxy need not be a shareholder
djus ds fy, ik=k gS vkSj ,sls izkWDlh dks cSad dk 'ks;j/kkjd gksuk of the Bank. Pursuant to the aforesaid MCA & SEBI Circulars,
vko';d ugha gSA mijksä ,elh, vkSj lsch ifji=kksa ds vuqlkj] as the physical attendance of the Shareholders has been
pwafd 'ks;j/kkjdksa dh HkkSfrd mifLFkfr dh t#jr dks lekIr dj dispensed with, there is no requirement of appointment
fn;k x;k gS] blfy, izkWDlh dh fu;qfä dh dksbZ vko';drk of proxies. Accordingly, the facility of appointment of
ugha gSA rnuqlkj] 'ks;j/kkjdksa }kjk izkWDlh dh fu;qfä dh lqfo/kk proxies by shareholders will not be available for the AGM
and therefore, the instrument for appointing proxy and
,th,e ds fy, miyC/k ugha gksxh vkSj blfy,] izkWDlh dh fu;qfä
attendance slip are not being attached to the Notice.
ds fy, fy[kr vkSj mifLFkfr iphZ dks lwpuk ds lkFk layXu ugha
fd;k tk jgk gSA
4- izkf/kd`r izfrfuf/k dh fu;qfä% 4. Appointment of an Authorised Representative:
dksbZ Hkh O;fä] fdlh fuxfer fudk; ds fof/kor izkf/kd`r izfrfuf/k No person shall be entitled to attend the AGM through VC/
OAVM and/or vote through e-voting as duly authorized
ds :i esa] rc rd ohlh@vks,oh,e ds ek/;e ls ,th,e esa mifLFkr
representative of a body corporate, unless a certified
gksus ,oa @;k bZ&ernku ds ek/;e ls er nsus dk ik=k ugha gksxk] true copy of the resolution appointing him/her as a duly
tc rd mls fof/kor~ :i ls vf/kd`r izfrfuf/k ds :i esa fu;qä authorized representative, shall have been deposited to
djus okys ladYi dh ,d izekf.kr lR; izfr cSBd dh frfFk ls de the Share Department, Punjab National Bank, East Wing,
ls de pkj fnu igys vFkkZr] 'kqØokj 24 twu 2022 dks lekfIr First Floor, Plot No.4, Sector 10, Dwarka, New Delhi 110075
le; vFkkZr lka; 5-00 cts ls igys 'ks;j foHkkx] iz/kku dk;kZy;] or is sent to the Scrutinizer by e-mail to ashugupta.cs@
iatkc uS'kuy cSad iwohZ ¯ox] izFke ry] IykV la[;k 4] lsDVj 10] gmail.com with a copy marked to [email protected] and
}kjdk] ubZ fnYyh&110075 esa tek] vFkok laoh{kd dks bZ&esy [email protected], not less than four days before the date
of the meeting i.e. on or before the closing hours i.e. 5.00
[email protected] ij Hkst u nh tk, vkSj bldh izfr
p.m. on Friday, the 24th June, 2022.
[email protected] vkSj [email protected] ij Hkh Hksth tk,A
cSad ds fdlh Hkh vf/kdkjh ;k deZpkjh dks 'ks;j/kkjd ds vf/kd`r No officer or employee of the Bank shall be appointed as
izfrfuf/k ds :i esa fu;qä ugha fd;k tk,xkA Authorised Representative of a shareholder.
5- 'ks;j/kkjdksa dk jftLVj can djuk% 5. Closure of Register of Shareholders
ykHkka'k ds fy, 'ks;j/kkjdksa dh ik=krk fu/kkZfjr djus ds mís'; The Register of Shareholders of the Bank will remain closed
ls vkSj cSad dh 21oha ok£"kd vke cSBd dks ns[krs gq, cSad ds from Friday, 24th June, 2022 till Thursday, 30th June, 2022
'ks;jèkkjdksa dk jftLVj 'kqØokj] 24 twu] 2022 ls xq#okj] 30 (both days inclusive) for the purpose of determining the
eligibility of the shareholders for entitlement of Dividend
twu] 2022 ¼nksuksa fnu lfEefyr½ rd can jgsxkA and in view of the 21st Annual General Meeting of the Bank.
6- ykHkka'k dk Hkqxrku% 6. Payment of Dividend:
funs'kd eaMy us 31 ekpZ] 2022 dks lekIr foÙkh; o"kZ ds fy, The Board of Directors has recommended dividend of
izR;sd `2@& ds bfDoVh 'ks;j gsrq `0-64 izfr bfDoVh 'ks;j ds `0.64 per equity share of `2/- each for the financial year
ended 31st March, 2022.
ykHkka'k dh laLrqfr dh gSA
21oha ,th,e esa 'ks;j/kkjdksa ds vuqeksnu ds v/khu] ykHkka'k dk Subject to the approval of the shareholders at the 21st AGM,
Hkqxrku] ;fn 'ks;j/kkjdksa }kjk ok£"kd vke cSBd esa ?kksf"kr fd;k the payment of dividend, if declared by the Shareholders
tkrk gS] rks mu 'ks;j/kkjdksa dks fd;k tk,xk ftuds uke izdV in the Annual General Meeting, will be made to those
shareholders whose names appear:
gksaxs%
,½ bysDVªkWfud :i esa /kkfjr 'ks;jksa ds laca/k esa ,u,lMh,y@ a) as Beneficial Owners as at the close of business hours
on Thursday, 23rd June, 2022 as per the record of
lhMh,l,y ds fjdkWMZ ds vuqlkj xq#okj] 23 twu] 2022 dks NSDL/CDSL in respect of the Shares held in electronic
O;kolkf;d ?kaVksa dh lekfIr ij ykHkkFkhZ Lokeh ds :i esa form and / or
vkSj@;k
10
ch½ xq#okj] 23 twu] 2022 dks 'ks;j/kkjdksa ds jftLVj esa HkkSfrd b) in the Register of shareholders as on Thursday, 23rd
:i esa 'ks;j j[kus okys 'ks;j/kkjdksa ls xq#okj] 23 twu] 2022 June, 2022 after giving effect to the valid transmission
requests received from the shareholders holding
ds dkjksckj ds can gksus ls igys izkIr oS/k Vªkalfe'ku vuqjks/kksa
shares in physical form, before the close of business
dks izHkkoh djus ds cknA hours of Thursday, 23rd June, 2022.
ykHkka'k ds Hkqxrku dh fjdkWMZ dh frfFk xq#okj 23 twu] 2022 gksxhA The Record Date for payment of Dividend will be Thursday,
23rd June, 2022.
ykHkka'k dk Hkqxrku mu 'ks;j/kkjdksa dks bysDVªkWfud ek/;e ls
Payment of dividend shall be made through electronic
fd;k tk,xk ftUgksaus vius cSad [kkrs dk fooj.k viMsV dj fn;k mode to the Shareholders who have updated their bank
gSA ftu 'ks;j/kkjdksa us vius cSad [kkrs ds fooj.k dks viMsV ugha account details. Dividend Warrants / Demand Drafts will
fd;k gS] mUgsa ykHkka'k okjaV@ fMekaM Mªk¶V cSad }kjk vius jftLVªkj be dispatched by the Bank through its Registrar and Share
vkSj 'ks;j varj.k ,tsaV ¼,lVh,½ vFkkZr chVy Qkbusaf'k;y ,aM Transfer Agent (STA) viz. Beetal Financial & Computer
daI;wVj l£olst ¼izkbosV½ fyfeVsM ds ek/;e ls ykHkka'k ds Hkqxrku Services (Pvt.) Ltd., before the date of payment of dividend,
dh frfFk ls igys] 'ks;j/kkjdksa ds iathd`r irs ij Hksts tk,axsA to the registered address of the Shareholders who have not
updated their bank account details.
ykHkka'k Hkqxrku dh frfFk 'kqØokj 15 tqykbZ] 2022 gksxhA The dividend payment date will be Friday, 15th July, 2022.
blfy, 'ks;j/kkjdksa ls vuqjks/k gS fd os viuk iwjk cSad fooj.k iathd`r@ Shareholders are therefore requested to register / update their
viMsV djsa% complete bank details:
i) vius fMikWftVjh lgHkkfx;ksa ds lkFk] ftuds lkFk os vius MheSV i) with their Depository Participant(s) with which they
[kkrs j[krs gSa] ;fn 'ks;j MheSVfj;ykbTM eksM esa j[ks tkrs gSa] rks maintain their demat accounts, if shares are held in
QkWeZ vkSj nLrkost tek djds] tSlk fd fMikWftVjh lgHkkxh ¼;ksa½ dematerialised mode, by submitting forms and documents
as may be required by the Depository Participant(s); and
}kjk vko';d gks( rFkk
ii) ;fn 'ks;j HkkSfrd :i esa gSa] rks cSad@ cSad ds ,lVh, dks hosd@ ii) with the Bank / Bank’s STA by sending an email at hosd@
pnb.co.in ;k [email protected] ij ,d bZesy pnb.co.in or [email protected] if shares are held
Hkstdj] fuEufyf[kr izLrqr djds% in physical mode, by submitting:
¼,½ gLrk{kfjr vuqjks/k i=k dh LdSu dh xbZ izfr ftlesa 'ks;jèkkjd (a) scanned copy of the signed request letter containing
dk uke] Qksfy;ks uacj] cSad fooj.k ¼cSad [kkrk la[;k] cSad Shareholder’s name, Folio Number, Bank Details
vkSj 'kk[kk dk uke ,oa irk] vkbZ,Q,llh] ,evkbZlhvkj (Bank account number, Bank and Branch Name and
address, IFSC, MICR details)
fooj.k½ 'kkfey gSaA
¼ch½ iSu dkMZ dh Lo&vfHkizekf.kr izfr] vkSj (b) self-attested copy of the PAN card, and
¼lh½ fujLr psd dh yhQ (c) cancelled cheque leaf.
lzksr ij dVkSrh ;ksX; dj% Tax Deductible at Source:
vk;dj vf/kfu;e] 1961 ¼vf/kfu;e½ ds vuqlkj] foÙk vf/kfu;e] As per the Income-tax Act, 1961 (the Act), as amended by the
2020 }kjk ;Fkk la'kksf/kr]1 vizSy] 2020 ds ckn cSad }kjk iznÙk ;k Finance Act, 2020, dividend paid or distributed by Bank after
April 1, 2020 shall be taxable in the hands of the Shareholders.
laforfjr ykHkka'k] 'ks;j/kkjdksa ds fy, dj ;ksX; gksxkA blfy, cSad dks
The Bank shall therefore be required to deduct tax at source
'ks;jèkkjdksa dks ykHkka'k dk Hkqxrku djrs le; fu/kkZfjr njksa ij lzksr ij (TDS) at the prescribed rates at the time of making the payment
dj ¼VhMh,l½ dh dVkSrh djus dh vko';drk gksxhA fooj.k ds fy,] of dividend to the Shareholders. For details, Shareholders may
'ks;j/kkjd bl uksfVl ds lkFk layXu vuqca/k dks ns[k ldrs gSaA refer to the Annexure appended to this Notice.
7- ernku dk vf/kdkj 7. Voting Rights
In terms of provisions of Section 3(2E) of the Banking
cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e 1970 ¼;Fkk
Companies (Acquisition and Transfer of Undertakings) Act,
la'kksf/kr½ dh /kkjk 3¼2 bZ½ ds izko/kkuksa ds vuqlkj dsanz ljdkj ds vykok 1970 (as amended), no shareholder of the Bank other than
cSad dk dksbZ Hkh 'ks;j/kkjd vius 'ks;jksa ds lEcU/k esa cSad ds 'ks;j/kkjdksa Central Government shall be entitled to exercise voting
ds dqy oks¯Vx vf/kdkj ds 10% ls vf/kd ds erkf/kdkj gsrq ik=k ugha rights in respect of the shares held by him in excess of 10%
11
gksxkA ;fn dksbZ Hkh 'ks;j nks ;k nks ls vf/kd O;fä;ksa ds uke ij gS] rks of the total voting rights of all the shareholders of the Bank.
ernku ds laca/k esa jftLVj esa ftldk uke igys gS mls ,dek=k /kkjd If any share stands in the name of two or more persons, the
person first named in the register shall, as regards voting,
ekuk tk,xkA
be deemed to be the sole holder thereof.
daiuh ¼izcU/ku ,oa iz'kklu½ fu;e 2014] ds fu;e 20 ds vuqlkj tks In terms of Rule 20 of the Companies (Management and
Administration) Rules, 2014, as amended, the shareholders
'ks;j/kkjd cSBd esa mifLFkr gksus rFkk ernku djus ds ik=k gSa] os vius
entitled to attend and vote at the meeting, can exercise
er dk iz;ksx bysDVªkWfud lk/ku ds ek/;e ls dj ldrs gSaA their voting rights through electronic means.
8- bysDVªkWfud lk/ku ds ek/;e ls oks¯Vx 8. Voting through Electronic Means
¼I½ lsch ¼lwphdj.k nkf;Ro ,oa izdVhdj.k vis{kk,a½ ds fofu;eu I. Pursuant to Regulation 44 of the SEBI (Listing Obligations
2015 ds fofu;e 44] LVkQ ,Dlpsatksa ds lkFk lwphdj.k djkj and Disclosure Requirements) Regulations, 2015 and
provisions under Rule 20 of the Companies (Management
ds vuqlj.k esa vkSj dEiuh ¼izcU/ku ,oa iz'kklu½ fu;ekoyh 2014
and Administration) Rules, 2014, as amended read
;Fkkla'kksf/kr ds fu;e 20 ds izko/kku tks ,elh, ifji=kksa ds lkFk with MCA Circulars, the Bank is pleased to provide its
ifBr gS ds vuqikyu esa cSad vius 'ks;j/kkjdksa dks ,th,e esa fd, shareholders facility to exercise their right to vote in
tkus okys dk;Z ds laca/k esa vke cSBd esa bysDVªkWfud ek/;eksa respect of the business to be transacted at the AGM by
}kjk ernku ¼fjeksV bZ&oks¯Vx vkSj ,th,e ds nkSjku bZ&oks¯Vx½ electronic means (remote e-voting and e-voting during the
djus dh lqfo/kk ns jgk gS vkSj ;g lqfo/kk us'kuy flD;ksfjVht AGM) through the e-voting platform provided by National
fMikWftVjh fyfeVsM ¼,u,lMh,y½ }kjk miyC/k djk, x, Securities Depository Limited (NSDL). The Cut-Off date
bZ&oks¯Vx IysVQkeZ ds ek/;e ls nh tk jgh gSA bZ&oks¯Vx ds ek/;e for determining the eligibility of shareholders to cast vote
through e-voting is Thursday, 23rd June, 2022.
ls ernku djus gsrq 'ks;j/kkjdksa dh ik=krk fu/kkZfjr djus ds fy,
dV&vkWQ frfFk xq#okj] 23 twu] 2022 gSA
¼II½ os 'ks;j/kkjd] tks ohlh@ vks,oh,e lqfo/kk ds ek/;e ls ok£"kd vke II. Those shareholders, who will be present in the AGM
cSBd esa mifLFkr gksaxs vkSj ftUgksaus nwjLFk bZ&oks¯Vx ds ek/;e ls through VC / OAVM facility and have not cast their vote on
the Resolution through remote e-voting, shall be eligible to
ladYi ij viuk oksV ugha fn;k gS] os ok£"kd vke cSBd ds nkSjku vote through e-voting system during the AGM.
bZ&oks¯Vx iz.kkyh ds ek/;e ls ernku djus ds fy, ik=k gksaxsA
¼III½ ftu 'ks;j/kkjdksa us cSBd ls iwoZ nwjLFk bZ&oks¯Vx }kjk viuk III. The shareholders who have cast their vote by remote
ernku fd;k gS] os Hkh ohlh@vks,oh,e ds ek/;e ls cSBd esa Hkkx e-voting prior to the meeting may also attend the meeting
ys ldrs gSa] ysfdu fQj ls ernku djus ds fy, ik=k ugha gksaxsA through VC / OAVM but shall not be entitled to cast their
vote again.
¼IV½ fjeksV bZ&oks¯Vx ds fy, funsZ'k fuEuor gSa% IV. The instructions for remote e-voting are as under:
,- fjeksV bZ oks¯Vx dh vof/k lkseokj] 27 twu] 2022 dks ¼izkr% a. The remote e-voting period begins on Monday, 27th
9-00 cts½ 'kq: gksxh vkSj cq/kokj] 29 twu 2022 ¼lk;a 5-00 June 2022 (9:00 a.m.) and ends on Wednesday,
cts½ rd lekIr gks tk,xhA bl vof/k ds nkSjku dV vkWQ 29th June, 2022 (5:00 p.m.). During this period,
shareholders of the Bank holding shares either in
frfFk xq:okj] 23 twu 2022 ds vuqlkj cSad ds 'ks;j/kkjd
physical form or in dematerialized form, as on the cut-
pkgs os HkkSfrd :i esa 'ks;j/kkj.k djrs gks ;k vewrZ :i esa] off date of Thursday, 23rd June, 2022 may cast their
bysDVªkWfud ek/;e ls viuk oksV ns ldrs gSaA bZ oks¯Vx ds vote electronically. The remote e-voting module shall
ckn ,u,lMh,y }kjk fjeksV bZ&oks¯Vx ekWM~¸kwy gVk fn;k be disabled by NSDL for voting thereafter.
tk,xkA
ch- fjeksV bZ&oks¯Vx ds fy, izfØ;k vkSj fof/k dk fooj.k uhps b. The details of the process and manner for remote
fn;k x;k gS% e-voting are explained herein below:
,u,lMh,y bZ&oks¯Vx flLVe ij bysDVªkWfud :i ls oksV djus ds The way to vote electronically on NSDL e-Voting system consists
rjhds esa Þnks pj.kÞ 'kkfey gSa ftudk mYys[k uhps fd;k x;k gS% of “Two Steps” as follows:
pj.k 1% ,u,lMh,y bZ&oks¯Vx iz.kkyh rd igqap Step 1: Access to NSDL e-Voting system
,½ MheSV :i esa izfrHkwfr;ksa dks j[kus okys O;fäxr 'ks;jèkkjdksa A) Login method for e-Voting and joining virtual meeting
ds fy, bZ&oks¯Vx vkSj opqZvy eh¯Vx esa 'kkfey gksus ds for Individual shareholders holding securities in demat
fy, ykWx bu fof/kA mode.
12
lwphc) daifu;ksa }kjk iznku dh xbZ bZ&oks¯Vx lqfo/kk ij lsch In terms of SEBI Circular No. SEBI/HO/CFD/CMD/
CIR/P/2020/242 dated December 9, 2020 on ‘e-Voting
ds 9 fnlacj] 2020 ds ifji=k lsch@,pvks@lh,QMh@lh,eMh@
facility provided by Listed Companies’, Individual
lhvkbZvkj@ih@2020@242 ds vuqlkj] MheSV :i esa izfrHkwfr;ksa dks shareholders holding securities in demat mode
j[kus okys O;fäxr 'ks;j/kkjdksa dks vius MheSV [kkrksa @fu{ksikxkj vkSj are allowed to vote through their demat accounts/
fu{ksikxkj Hkkxhnkjksa ds osclkbV ds ek/;e ls oksV djus dh vuqefr website of Depositories/Depository Participants.
gSA bZ&oks¯Vx lqfo/kk dk mi;ksx djus ds fy, 'ks;j/kkjdksa dks lykg Shareholders are advised to update their mobile numbers
nh tkrh gS fd os vius MheSV [kkrksa esa viuk eksckby uacj vkSj bZesy and email Ids in their demat accounts in order to access
vkbZMh viMsV djsaA e-Voting facility.
'ks;j/kkjdksa dk izdkj ykWfxu fof/k Type of shareholders Login Method

Individual 1. If you are already registered for
,u,lMh,y ds lkFk 1- ;fn vki ,u,lMh,y
Shareholders holding NSDL IDeAS facility, please visit
MheSV eksM esa izfrHkwfr vkbZMhbZ,,l lqfoèkk ds fy,
securities in demat the e-Services website of NSDL.
j[kus okys O;fäxr igys ls gh iathd`r gSa] rks dì;k
mode with NSDL. Open web browser by typing
'ks;j/kkjdA ,u,lMh,y dh bZ&lsok,a osclkbV
the following URL: https://
ij tk,aA vius O;fäxr daI;wVj
eservices.nsdl.com/ either on
;k eksckby ij fuEufyf[kr
a Personal Computer or on a
;wvkj,y https://eservices.
mobile. Once the home page
nsdl.com/ Vkbi djds osc
of e-Services is launched, click
czkmt+j [kksysA ,d ckj bZ&lsokvksa
on the “Beneficial Owner” icon
dk gkse ist ykWUp gksus ds ckn]
under “Login” which is available
ÞykWfxu** ds rgr ÞcsfufQf'k;y
under “IDeAS” section. A new
vksujÞ vkbdu ij fDyd djsa
screen will open. You will have
tks ÞvkbZMhbZ,,l** vuqHkkx
to enter your User ID and
ds rgr miyC/k gSA ,d ubZ
Password. After successful
LØhu [kqysxhA ogka vkidks
authentication, you will be able
viuh mi;ksxdrkZ vkbZMh vkSj
to see e-Voting services. Click
ikloMZ Mkyuk gksxkA lQy
on “Access to e-Voting” under
izek.khdj.k ds ckn] vki bZ&oks¯Vx
e-Voting services and you will be
lsokvksa dks ns[k ik,axsA bZ&oks¯Vx
able to see e-Voting page. Click
lsokvksa ds rgr Þ,Dlsl Vw
on options available against
bZ&oks¯VxÞ ij fDyd djsa vkSj
name of the Bank or e-Voting
vki bZ&oks¯Vx ist ns[k ik,axsA
service provider - NSDL and
cSad ;k bZ&oks¯Vx lsok iznkrk &
you will be re-directed to NSDL
,u,lMh,y ds uke ds lkeus
e-Voting website for casting
miyC/k fodYiksa ij fDyd djsa vkSj
your vote during the remote
fjeksV bZ&oks¯Vx vof/k ds nkSjku ;k
e-Voting period or joining
opqZvy eh¯Vx esa 'kkfey gksus vkSj
Virtual Meeting & voting during
eh¯Vx ds nkSjku oks¯Vx djus ds
the Meeting.
fy, vkidks ,u,lMh,y bZ&oks¯Vx
osclkbV ij iqu% ys tk;k tk,xkA
2- ;fn vki vkbZMhbZ,,l bZ&lsokvksa 2. If you are not registered for
ds fy, iathd`r ugha gSa] rks IDeAS e-Services, option
iathdj.k dk fodYi https:// to register is available at
eservices.nsdl.com. ij miyC/k https://eservices.nsdl.com.
gSA ^^vkbZMhbZ,,l ds fy, Select “Register Online for
vkWuykbu iathdj.k djsa** iksVZy IDeAS” Portal or click at
dk p;u djsa ;k https://eservices. https://eservices.nsdl.com/
nsdl.com/ ij fDyd djsaA SecureWeb/IdeasDirectReg.jsp
13
3- ,u,lMh,y dh bZ&oks¯Vx 3. Visit the e-Voting website
of NSDL. Open web browser
osclkbV ij tk,aA vius O;fäxr
by typing the following URL:
daI;wVj ;k eksckby ij fuEufyf[kr
https://www.evoting.nsdl.
;wvkj,y https://www.evoting. com/ either on a Personal
nsdl.com Vkbi djds osc czkmt+j Computer or on a mobile. Once
[kksysA bZ&oks¯Vx flLVe dk gkse the home page of e-Voting
ist ykWUp gksus ds ckn] ÞykWfxu** system is launched, click on the
vkbdu ij fDyd djsa tks icon “Login” which is available
*'ks;jèkkjd@lnL;* vuqHkkx ds under ‘Shareholder/Member’
varxZr miyC/k gSA ,d ubZ LØhu section. A new screen will
[kqysxhA vkidks viuh mi;ksxdrkZ open. You will have to enter
vkbZMh ¼vFkkZr ,u,lMh,y ds your User ID (i.e. your sixteen
ikl vkidk lksyg vadksa dk MheSV digits demat account number
held with NSDL), Password/
[kkrk la[;k½] ikloMZ@vksVhih
OTP and a Verification Code
vkSj LØhu ij fn[kk, x, lR;kiu
as shown on the screen. After
dksM dks ntZ djuk gksxkA lQy successful authentication,
izek.khdj.k ds ckn] vkidks you will be redirected to NSDL
,u,lMh,y fu{ksikxkj lkbV Depository site wherein you
ij Hkst fn;k tk,xk] tgka vki can see e-Voting page. Click
bZ&oks¯Vx ist ns[k ldrs gSaA cSad on options available against
;k bZ&oks¯Vx lsok iznkrk & name of the Bank or e-Voting
,u,lMh,y ds uke ds lkeus service provider - NSDL and
miyC/k fodYiksa ij fDyd djsa you will be redirected to
vkSj fjeksV bZ&oks¯Vx vof/k ds e-Voting website of NSDL for
nkSjku ;k opqZvy eh¯Vx esa 'kkfey casting your vote during
gksus vkSj eh¯Vx ds nkSjku oks¯Vx the remote e-Voting period
or joining Virtual Meeting &
djus ds fy, vkidks ,u,lMh,y
voting during the Meeting.
dh bZ&oks¯Vx osclkbV ij
jhMk;jsDV fd;k tk,xkA
4- 'ks;j/kkjd fuEu mfYyf[kr 4. Shareholders can also download
D;wvkj dksM dks LdSu djds NSDL Mobile App “NSDL
Speede” facility for seamless
fuckZ/k oks¯Vx vuqHko dh lqfoèkk
voting experience by scanning
ds fy, ,u,lMh,y eksckby the QR code mentioned below.
,si Þ,u,lMh,y LihMhÞ Hkh
MkmuyksM dj ldrs gSaA
NSDL Mobile App is available on App

Store and Google Play.
,u,lMh,y eksckby ,si] ,si LVksj vkSj
xwxy Iys ij miyC/k gSA
14
lhMh,l,y ds lkFk 1- ekStwnk mi;ksxdrkZ ftUgksaus Individual 1. Existing users who have opted
bZt+h@bZt+h,LV dk fodYi pquk Shareholders holding for Easi / Easiest can login
MheSV eksM esa izfrHkwfr
securities in demat through their user id and
j[kus okys O;fäxr gS] os viuh mi;ksxdrkZ vkbZMh
mode with CDSL password. Option will be made
'ks;j/kkjd vkSj ikloMZ ds ek/;e ls ykWfxu
dj ldrs gSaA fcuk fdlh vkSj available to reach e-Voting
izek.khdj.k ds bZ&oks¯Vx ist page without any further
ij igqapus dk fodYi miyC/k authentication. The URLs for
djk;k tk,xkA mi;ksxdrkZvksa users to login to Easi / Easiest
ds fy, bZt+h@bZt+h,LV esa are https://web.cdslindia.com/
ykWfxu djus ds fy, ;wvkj,y myeasi/home/login or www.
https://web.cdslindia.com/ cdslindia.com and click on New
myeasi/home/login ;k www. System Myeasi.
cdslindia.com gSa vkSj U;w 2. After successful login of Easi/
flLVe ekbZbth ij fDyd djsaA Easiest the user will be also able
2- bZt+h@bZt+h,LV ds lQy ykWfxu to see the E Voting Menu. The
ds ckn mi;ksxdrkZ bZ oks¯Vx esuw Menu will have links of e-Voting
Hkh ns[k ldsxkA esU;w esa bZ&oks¯Vx service provider i.e. NSDL. Click
lsok iznkrk vFkkZr ,u,lMh,y on NSDL to cast your vote.
ds ¯yd gksaxsA viuk oksV Mkyus ds 3. If the user is not registered
fy, ,u,lMh,y ij fDyd djsaA for Easi/Easiest, option to
3- ;fn mi;ksxdrkZ bZt+h@ register is available at https://
bZt+h,LV ds fy, iathd`r web.cdslindia.com/ myeasi/
ugha gS] rks iathdj.k djus dk Registration/ EasiRegistration
fodYi https://web.cdslindia. 4. Alternatively, the user can
com/ myeasi/ Registration/ directly access e-Voting page
EasiRegistration ij miyC/k gSA by providing demat Account
4- oSdfYid :i ls] mi;ksxdrkZ Number and PAN No. from
www.cdslindia.com gkse ist esa a link in www.cdslindia.com
fn, x, ¯yd ls MheSV [kkrk la[;k home page. The system will
vkSj iSu uacj iznku djds lhèks authenticate the user by
bZ&oks¯Vx i`"B rd igqap ldrs sending OTP on registered
gSaA flLVe MheSV [kkrs esa ntZ Mobile & Email as recorded
iathd`r eksckby uacj vkSj bZesy in the demat Account. After
ij vksVhih Hkstdj mi;ksxdrkZ successful authentication, user
dks izekf.kr djsxkA lQy will be provided links for the
izek.khdj.k ds ckn] mi;ksxdrkZ dks respective ESP i.e. NSDL where
lacaf/kr bZ,lih vFkkZr ,u,lMh,y the e-Voting is in progress.
ds fy, ¯yd iznku fd, tk,axs
tgka bZ&oks¯Vx py jgh gSA
O;fäxr 'ks;jèkkjd vki bZ&oks¯Vx lqfo/kk ds fy, Individual You can also login using the login
¼izfrHkwfr;ksa dks ,u,lMh,y@lhMh,l,y ds lkFk Shareholders (holding credentials of your demat account
securities in demat through your Depository Participant
MheSVeksM esa j[kuk½ iathd`r vius fu{ksikxkj lgHkkxh ds
mode) login through registered with NSDL/CDSL for
vius fu{ksikxkj ek/;e ls vius MheSV [kkrs ds ykWfxu their depository e-Voting facility. Once login, you
izfrHkkfx;ksa ds ek/;e ls ØsMsaf'k;y dk mi;ksx djds Hkh ykWfxu participants. will be able to see e-Voting option.
ykWfxu djrs gSa dj ldrs gSaA ykWx bu djus ds ckn Once you click on e-Voting option,
vkidks bZ&oks¯Vx dk fodYi fn[kkbZ you will be redirected to NSDL/CDSL
nsxkA ,d ckj tc vki bZ&oks¯Vx fodYi Depository site after successful
ij fDyd djrs gSa] rks vkidks lQy authentication, wherein you can see
e-Voting feature.
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izek.khdj.k ds ckn ,u,lMh,y@ Click on options available against
lhMh,l,y fu{ksikxkj lkbV ij Hkst name of the Bank or e-Voting
fn;k tk,xk] tgka vki bZ&oks¯Vx lqfoèkk service provider-NSDL and you will
ns[k ldrs gSaA cSad ;k bZ&oks¯Vx lsok be redirected to e-Voting website
iznkrk&,u,lMh,y ds uke ds lkeus of NSDL for casting your vote
miyC/k fodYiksa ij fDyd djsa vkSj during the remote e-Voting period
fjeksV bZ&oks¯Vx vof/k ds nkSjku oksfVax or joining Virtual Meeting & voting
djus ;k opqZvy eh¯Vx esa 'kkfey gksus during the Meeting.
vkSj eh¯Vx ds nkSjku oks¯Vx djus ds
fy, vkidks ,u,lMh,y dh bZ&oks¯Vx
osclkbV ij iqu%izsf"kr dj fd;k tk,xkA
vko';d uksV% tks 'ks;j/kkjd mi;ksxdrkZ vkbZMh@ikloMZ izkIr Important note: Shareholders who are unable to retrieve User
djus esa vleFkZ gSa] mUgsa lykg nh tkrh gS fd os mi;qZä osclkbV ij ID/Password are advised to use Forget User ID and Forget
Password option available at above mentioned websites.
miyC/k QkWjxsV mi;ksxdrkZ vkbZMh vkSj QkWjxsV ikloMZ fodYi dk
mi;ksx djsaA
fu{ksikxkj vFkkZr ,u,lMh,y vkSj lhMh,l,y ds ek/;e ls Helpdesk for Individual Shareholders holding securities in
ykWfxu ls lacaf/kr fdlh Hkh rduhdh eqís ds fy, MheSV eksM demat mode for any technical issues related to login through
Depository i.e. NSDL and CDSL.
esa izfrHkwfr;ksa dks j[kus okys O;fäxr 'ks;j/kkjdksa ds fy,
gsYiMsLdA
ykWfxu dk izdkj gsYiMsLd fooj.k Login type Helpdesk details
,u,lMh,y esa MheSV ykWfxu esa fdlh Hkh rduhdh leL;k Individual Shareholders facing any technical
eksM esa izfrHkwfr j[kus okys dk lkeuk djus okys 'ks;j/kkjd Shareholders holding issue in login can contact NSDL
O;fäxr 'ks;j/kkjd securities in demat helpdesk by sending a request at
[email protected] ij vuqjks/k
mode with NSDL [email protected] or call at toll
Hkstdj ,u,lMh,y gsYiMsLd ls laidZ
free no.: 1800 1020 990 and 1800
dj ldrs gSa ;k Vksy Ýh uacj% 1800
22 44 30
1020 990 vkSj 1800 22 44 30 ij dkWy
dj ldrs gSaA
lhMh,l,y esa MheSV eksM ykWfxu esa fdlh Hkh rduhdh leL;k Individual Shareholders facing any technical
esa izfrHkwfr j[kus okys dk lkeuk djus okys 'ks;j/kkjd Shareholders holding issue in login can contact CDSL
O;fäxr 'ks;j/kkjd [email protected] securities in demat helpdesk by sending a request
ij vuqjks/k Hkstdj lhMh,l,y mode with CDSL at helpdesk.evoting@cdslindia.
gsYiMsLd ls laidZ dj ldrs gSa ;k com or contact at 022-23058738 or
Vksy Ýh uacj% 022&23058738 vkSj 022-23058542-43
022&23058542&43 ij dkWy dj ldrs
gSaA
ch½ MheSV eksM esa izfrHkwfr;ksa ds /kkfjrk okys O;fäxr B) Login Method for shareholders other than Individual
'ks;jèkkjdksa vkSj HkkSfrd eksM esa izfrHkwfr;ksa ds /kkfjrk okys shareholders holding securities in demat mode and
'ks;j/kkjdksa ds vykok vU; 'ks;j/kkjdksa ds fy, ykWfxu shareholders holding securities in physical mode.
fof/kA
,u,lMh,y bZ&oks¯Vx osclkbV ij ykWx&bu djus ds pj.k Steps to Log-in to NSDL e-Voting website
1- ,u,lMh,y dh bZ&oks¯Vx osclkbV ij tk,aA vius 1. Visit the e-Voting website of NSDL. Open web browser by
typing the following URL: https://www.evoting.nsdl.com
O;fäxr daI;wVj ;k eksckby ij fuEufyf[kr ;wvkj,y
either on a Personal Computer or on a mobile.
https://www.evoting.nsdl.com Vkbi djds osc czkmt+j [kksysA
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2- bZ&oks¯Vx flLVe dk gkse ist [kqyus ds ckn] ÞykWfxu** vkbdu ij 2. Once the home page of e-Voting system is launched, click
on the icon “Login” which is available under ‘Shareholder/
fDyd djsa tks *'ks;j/kkjd@lnL;* vuqHkkx ds varxZr miyC/k gSA
Member’ section.
3- ,d ubZ LØhu [kqysxhA vkidks viuh LØhu ij fn[kus okyh 3. A new screen will open. You will have to enter your User ID,
mi;ksxdrkZ vkbZMh] viuk ikloMZ@vksVhih vkSj ,d lR;kiu your Password/OTP and a Verification Code as shown on
dksM ntZ djuk gksxkA the screen.
Alternatively, if you are registered for NSDL eservices i.e.
oSdfYid :i ls] ;fn vki ,u,lMh,y lsokvksa vFkkZr vkbfM;kt
IDEAS, you can log-in at https://eservices.nsdl.com/ with
ds fy, iathd`r gSa] rks vki vius ekStwnk vkbZMhbZ,,l ykWfxu ds your existing IDEAS login. Once you log-in to NSDL eservices
lkFk https://eservices.nsdl.com/ ij ykWx&bu dj ldrs gSaA after using your log-in credentials, click on e-Voting and
,d ckj tc vki vius ykWx&bu ØsMsaf'k;Yl dk mi;ksx djds you can proceed to Step 2 i.e. Cast your vote electronically.
,u,lMh,y dh bZ&lsokvksa esa ykWx&bu djrs gSa] rks bZ&oks¯Vx
ij fDyd djsa vkSj vki pj.k 2 ij vkxs c<+ ldrs gSa vFkkZr
bysDVªkWfud :i ls viuk oksV Mky ldrs gSaA
4- vkids ;wtj vkbZMh dk fooj.k fuEukuqlkj gS% 4. Your User ID details are as follows:
'ks;j /kkfjr djus dk rjhdk Manner of holding shares

vFkkZr MheSV ¼,y,lMh,y vkidk ;wtj vkbZMh gS% i.e. Demat (NSDL or CDSL) Your User ID is
;k lhMh,l,y½ ;k HkkSfrd or Physical
,½ ,u,lMh,y ds MheSV [kkrs esa 8 vadksa ds xzkgd vkbZMh ds ckn 8 dSjsDVj a) For Shareholders who 8 Character DP ID followed by
'ks;j j[kus okys 'ks;j/kkjdksa ds mnkgj.k ds fy,] ;fn vkidh MhihvkbZMh hold shares in demat 8 Digit Client ID
fy, account with NSDL. For example, if your DP ID
IN300*** gS vkSj xzkgd vkbZMh
is IN300*** and Client ID is
12****** gS rks vkidh ;wtj vkbZMh
12****** then your user ID is
IN300***12****** gksxh
IN300***12******.
ch½ lhMh,l,y ds MheSV [kkrs esa 16 vadksa dh ykHkkFkhZ vkbZMh
b) For Shareholders who 16 Digit Beneficiary ID
'ks;j j[kus okys 'ks;j/kkjdksa ds mnkgj.k ds fy,] ;fn vkidh csfufQ'kjh
hold shares in demat For example, if your Beneficiary
fy,A vkbZMh 12************** gS rks vkidh account with CDSL. ID is 12**************
;wtj vkbZMh 12************** gksxh then your user ID is
lh½ HkkSfrd :i esa 'ks;j j[kus okys bou uacj ds ckn cSad esa iathd`r Qksfy;ks 12**************
'ks;j/kkjdksa ds fy, uacj c) For Shareholders holding EVEN Number followed by
mnkgj.k ds fy,] ;fn Qksfy;ks uacj shares in Physical Form. Folio Number registered with
001*** gS vkSj bou 101456 gS rks ;wtj the Bank
vkbZ 101456001*** gksxhA For example, if folio number
is 001*** and EVEN is 101456
then user ID is 101456001***
5- O;fäxr 'ks;j/kkjdksa ds vykok 'ks;j/kkjdksa gsrq ikloMZ fooj.k
fuEUkkuqlkj gS% 5. Password details for shareholders other than Individual
shareholders are given below:
,½ ;fn vki igys ls gh bZ&oks¯Vx ds fy, iathd`r gSa] rks vki
vius ekStwnk ikloMZ dk mi;ksx ykWfxu vkSj viuk oksV a) If you are already registered for e-Voting, then you
Mkyus ds fy, dj ldrs gSaA can use your existing password to login and cast your
vote.
ch½ ;fn vki ,u,lMh,y bZ&oks¯Vx iz.kkyh dk iz;ksx igyh ckj
dj jgs gSa] rks vkidks îzkjafHkd ikloMZ* iqu% izkIr djuk gksxk] b) If you are using NSDL e-Voting system for the first
time, you will need to retrieve the ‘initial password’
tks vkidks Hkstk x;k FkkA ,d ckj tc vki viuk ^bfuf'k;y
which was communicated to you. Once you retrieve
ikloMZ* iqu% izkIr dj ysrs gSa] rks vkidks îzkjafHkd ikloMZ* your ‘initial password’, you need to enter the ‘initial
ntZ djuk gksxk vkSj flLVe vkidks viuk ikloMZ cnyus ds password’ and the system will force you to change
fy, ck/; djsxkA your password.
lh½ viuk îzkjafHkd ikloMZ* dSls izkIr djsa\
c) How to retrieve your ‘initial password’?
¼i ½ ;fn vkidh bZesy vkbZMh vkids MheSV [kkrs esa
i) If your email ID is registered in your demat
;k cSad ds ikl iathd`r gS] rks vkidk îzkjafHkd
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ikloMZ* vkidh bZesy vkbZMh ij vkidks Hkstk account or with the Bank, your ‘initial password’
tkrk gSA vius esyckWDl esa ,u,lMh,y ls Hksts is communicated to you on your email ID.
Trace the email sent to you from NSDL from
x, bZesy dks <wa<saA bZesy [kksysa vkSj vVSpesaV
your mailbox. Open the email and open the
vFkkZr~ ihMh,Q Q+kby [kksysaA ,u,lMh,y [kkrs attachment i.e. a .pdf file. The password to open
ds fy, ihMh,Q Q+kby dks [kksyus dk ikloMZ the .pdf file is your 8 digit client ID for NSDL
vkidh 8 vadksa dh DykbaV vkbZMh gS] lh,lMh,y account, last 8 digits of client ID for CDSL account
[kkrs ds fy, DykbaV vkbZMh dk vafre 8 vad ;k or folio number for shares held in physical form.
HkkSfrd 'ks;jksa ds fy, Q+ksfy;ks uacj ikloMZ gksxkA The .pdf file contains your ‘User ID’ and your
ihMh,Q Q+kby esa vkidh ^;wtj vkbZMh* vkSj ‘initial password’.
vkidk îzkjafHkd ikloMZ* gksrk gSA
¼ii½ ;fn vkidh bZesy vkbZMh iathd`r ugha gS] rks
dì;k mu 'ks;j/kkjdksa ds fy, izfØ;k ftudh ii) If your email ID is not registered, please follow
bZesy vkbZMh iathd`r ugha gSa ds rgr fn, x, steps mentioned below in process for those
shareholders whose email ids are not registered.
pj.kksa dk ikyu djsaA
6- ;fn vki viuk ikloMZ iqu% izkIr djus esa vleFkZ gSa ;k îzkjafHkd
ikloMZ** izkIr ugha fd;k gS ;k Hkwy pqds gSa% 6. If you are unable to retrieve or have not received the
“Initial password” or have forgotten your password:
,½ www.evoting.nsdl.com ij miyC/k fodYi "Forgot User
Details/Password?" ij fDyd djsaA ¼;fn vki ,u,lMh,y a) Click on “Forgot User Details/Password?” (If you are
;k lhMh,l,y ds lkFk vius MheSV [kkrs esa 'ks;j j[k jgs gSa½A holding shares in your demat account with NSDL or
CDSL) option available on www.evoting.nsdl.com.
ch½ "Physical User Reset Password?" fodYi ¼;fn vki
HkkSfrd eksM esa 'ks;j /kkj.k djrs gSa½ www.evoting.nsdl.com b) Physical User Reset Password?” (If you are holding
ij miyC/k gS A shares in physical mode) option available on www.
evoting.nsdl.com.
lh½ ;fn vki vHkh Hkh mä nks fodYiksa ds }kjk ikloMZ izkIr ugha
dj ik jgs gSa] rks vki [email protected] ij vius MheSV c) If you are still unable to get the password by aforesaid
[kkrk la[;k@Qksfy;ks uacj] viuk iSu] viuk uke vkSj vius two options, you can send a request at evoting@nsdl.
iathd`r irs dk mYys[k djds vuqjks/k Hkst ldrs gSaA co.in mentioning your demat account number/folio
number, your PAN, your name and your registered
address etc.
Mh½ 'ks;j/kkjd ,u,lMh,y dh bZ&oks¯Vx iz.kkyh ij oksV Mkyus
ds fy, vksVhih ¼ou Vkbe ikloMZ½ vk/kkfjr ykWfxu dk Hkh d) Shareholders can also use the OTP (One Time
mi;ksx dj ldrs gSaA Password) based login for casting the votes on the
e-Voting system of NSDL.
7- viuk ikloMZ ntZ djus ds ckn] psd ckWDl dks lsysDV dj Terms
and Conditions ij Agree ij fVd djsaA 7. After entering your password, tick on "Agree to Terms and
Conditions” by selecting on the check box.
8- vc] vkidks] ^^ykWfxu** cVu ij fDyd djuk gksxkA
8. Now, you will have to click on “Login” button.
9- ^^ykWfxu** cVu ij fDyd djus ds ckn] bZ&oksfVax dk gkse ist
[kqy tk,xkA 9. After you click on the “Login” button, Home page of
e-Voting will open.
pj.k 2% ,u,lMh,y bZ&oks¯Vx flLVe ij vke cSBd esa
bysDVªkWfud rjhds ls Hkkx ysus vkSj vius oksV Mkyus dk fooj.k Step 2: Cast your vote electronically and join General
fuEukuqlkj gS% Meeting on NSDL eVoting system.
1- pj.k 1 ij lQyrkiwoZd ykWfxu djus ds ckn] vki lHkh daifu;ksa
ds ÞEVENÞ ns[k ik,axs ftuesa vkids 'ks;j j[ks gSa vkSj ftudk 1. After successful login at Step 1, you will be able to see all
ernku pØ ¼oks¯Vx lkbZdy½ vkSj vke cSBd lfØ; fLFkfr esa gSA the companies “EVEN” in which you are holding shares and
whose voting cycle and General Meeting is in active status.
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2- fjeksV bZ&oks¯Vx vof/k ds nkSjku rFkk vke cSBd ds nkSjku oksV 2. Select “EVEN” of Punjab National Bank to cast your vote
Mkyus ds fy, iatkc uS'kuy cSad ds ^ÊVEN** dk p;u djsaA during the remote e-Voting period and casting your vote
during the General Meeting. For joining virtual meeting,
oP;qZvy cSBd esa Hkkx ysus ds fy, vkidks ^^vke cSBd esa Hkkx ysa**
you need to click on “VC/OAVM” link placed under “Join
ds rgr fn, x, ¯yd ^ôhlh@vks,oh,e** ij fDyd djuk gksxkA General Meeting”.
3- mfpr fodYi dk p;u djds vki viuk oksV Mky ldrs gSa] 3. Cast your vote by selecting appropriate options i.e. assent
vFkkZr] lgefr ;k vlgefr] lR;kfir@ la'kksf/kr mu 'ks;jksa dh or dissent, verify/modify the number of shares for which
la[;k] ftlds fy, vki oksV Mkyuk pkgrs gS vkSj ÞlcfeVÞ ij you wish to cast your vote and click on “Submit” and also
“Confirm” when prompted.
fDyd dj nsa ,oa vius oksV dks ÞdaQeZÞ Hkh djsaA
4- iqf"V djus ds ckn] ^^lQyrkiwoZd oksV Mkyk x;k** lans'k izn£'kr 4. Upon confirmation, the message “Vote cast successfully”
gksxkA will be displayed.
5- vki iqf"V i`"B ij ¯izV fodYi dks fDyd djds vius }kjk Mkys x, 5. You can also take the printout of the votes cast by you by
oksVksa dk ¯izVvkmV Hkh ys ldrs gSaA clicking on the print option on the confirmation page.
,d ckj ladYi ij viuk oksV Mkyus dh iqf"V djus ds ckn Once you confirm your vote on the resolution, you will not be
vkidks viuk oksV cnyus dh vuqefr ugha gksxhA allowed to modify your vote.
'ks;j/kkjdksa ds fy, lkekU; fn'kkfunsZ'k General Guidelines for shareholders
1- laLFkkxr 'ks;j/kkjdksa ¼vFkkZr oS;fDrd] ,p;w,Q] ,uvkjvkbZ 1. Institutional shareholders (i.e. other than individuals,
vkfn ds vykok½ dks lacaf/kr cksMZ ds ladYi@izkf/kdj.k i=k vkfn HUF, NRI etc.) are required to send scanned copy (PDF/
dh LdSu dh xbZ izfr ¼ihMh,Q@tsihth izk:i½ fof/kor vf/kd`r JPG Format) of the relevant Board Resolution/Authority
letter etc. with attested specimen signature of the duly
gLrk{kjdrkZvksa ds lR;kfir uewuk gLrk{kj ds lkFk tks ernku
authorized signatory(ies) who are authorized to vote, to
djus ds fy, vf/kd`r gSa] LØwfVukbt+j dks bZ&esy }kjk ashugupta. the Scrutinizer by e-mail to [email protected]
[email protected] ij [email protected] ij fpfºur ,d izfr ds with a copy marked to [email protected] Institutional
lkFk Hkstuk gksxkA laLFkkxr 'ks;j/kkjd ¼vFkkZr oS;fäd] ,p;w,Q] shareholders (i.e. other than individuals, HUF, NRI, etc.)
,uvkjvkbZ] vkfn ds vykok½ vius ykWfxu esa ÞbZ&oks¯VxÞ VSc ds can also upload their Board Resolution/Authority Letter,
rgr izn£'kr ÞviyksM cksMZ fjtksY;w'ku @ vFkksfjVh ysVjÞ ij etc. by clicking on “Upload Board Resolution/Authority
fDyd djds vius cksMZ fjtksY;w'ku @ vFkksfjVh ysVj vkfn dks Hkh Letter” displayed under “e-Voting” tab in their login.
viyksM dj ldrs gSaA
2- ;g n`<+rk ls vuq'kalk dh tkrh gS fd fdlh vU; O;fä ds lkFk 2. It is strongly recommended not to share your password
vki viuk ikloMZ lkÖkk u djsa vkSj vius ikloMZ dks xksiuh; with any other person and take utmost care to keep your
password confidential. Login to the e-voting website will
j[kus ds fy, vR;f/kd lko/kkuh cjrsaA bZ&oks¯Vx osclkbV ij
be disabled upon five unsuccessful attempts to key in the
ykWfxu lgh ikloMZ esa dqath ds ikap vlQy iz;klksa ij v{ke correct password. In such an event, you will need to go
gks tk,xkA ,slh fLFkfr esa] vkidks ikloMZ jhlsV djus ds fy, through the “Forgot User Details/Password?” or “Physical
www.evoting.nsdl.com ij miyC/k “Forgot User Details/ User Reset Password?” option available on www.evoting.
Password?" ;k “Physical User Reset Password?" fodYi ij nsdl.com to reset the password.
tkuk gksxkA
3- fdlh Hkh iz'u ds ekeys esa] vki 'ks;j/kkjdksa ds fy, vDlj iwNs 3. In case of any queries, Shareholders may refer to Frequently
tkus okys iz'uksa ¼,Q,D;w½ dks vkSj www.evoting.nsdl.com ds Asked Questions (FAQs) and e-voting user manual for
MkmuyksM vuqHkkx ij miyC/k 'ks;j/kkjdksa ds fy, bZ&oks¯Vx Shareholders available at the download section of www.
mi;ksxdrkZ iqfLrdk dks lan£Hkr dj ldrs gSa ;k Vksy Ýh uacj% evoting.nsdl.com or call on toll free no.: 1800-1020-990
1800&1020&990 ,oa 1800&224&430 ij dkWy dj ldrs gSa and 1800-224-430 or send a request to Ms. Soni Singh,
;k lqJh lksuh ¯lg] lgk;d izca/kd dks [email protected] Asstt. Manager at [email protected] or at telephone nos.:
ij vuqjks/k Hkst ldrs gSa ;k VsyhQksu ua% $91&22&24994360( +91-22-24994360; +91-22-2499-4545.
$91&22&2499&4545 ij dkWy dj ldrs gSaA
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,sls 'ks;j/kkjd ftudh bZesy vkbZMh fMikWftVjh ds lkFk Process for those shareholders whose email ids are not
iathd`r ugha gSa] muds fy, ;wtj vkbZMh vkSj ikloMZ izkIr registered with the depositories for procuring user id and
djus vkSj bl uksfVl esa fu/kkZfjr izLrkoksa ds fy, bZ&oks¯Vx gsrq password and registration of e-mail ids for e-voting for the
resolutions set out in this notice:
bZ&esy vkbZMh ds iathdj.k dh izfØ;k%
1- ;fn 'ks;j HkkSfrd :i esa /kkfjr gS] rks dì;k Qksfy;ks ua-] 'ks;jèkkjd 1. In case shares are held in physical mode please provide
dk uke] 'ks;j izek.ki=k ¼lkeus ,oa ihNs½ dh LdSu dh xbZ izfr] iSu Folio No., Name of shareholder, scanned copy of the share
dkMZ vkSj vk/kkj dkMZ dh Lo&lR;kfir LdSu dh xbZ izfr cSad ds certificate (front and back), self-attested scanned copy of
PAN card and AADHAR card by email to the Bank’s STA at
'ks;j gLrkarj.k ,tsaV dks [email protected] bZesy [email protected]
ij HkstsaA
2- ;fn 'ks;j MheSV eksM esa gS] rks dì;k 'ks;j/kkjd 2. In case shares are held in demat mode, please provide DPID-
MhihvkbZMh&lh,yvkbZMh ¼16 vadksa dh MhihvkbZMh $ lh,yvkbZMh CLID (16 digit DPID+CLID or 16 digit Beneficiary ID), Name,
client master or copy of Consolidated Account statement,
;k 16 vadksa dh ykHkkFkhZ vkbZMh½] viuk uke] DykbaV ekLVj ;k self-attested scanned copy of PAN card and AADHAR Card
lesfdr [kkrk fooj.k dh izfr ds lkFk iSu dkMZ vkSj vkèkkj dkMZ to the Bank’s STA at [email protected]. If you
dh Lo&lR;kfir LdSu dh xbZ izfr cSad ds 'ks;j gLrkarj.k ,tsaV are an Individual shareholder, holding securities in demat
dks [email protected] bZesy ij HkstsaA ;fn vki mode, you are requested to refer to the login method
,d MheSV eksM esa j[ks izfrHkwfr;ksa ds O;fäxr 'ks;jèkkjd gS] rks explained at Step 1 (A) i.e. “Login method for e-Voting and
vkils pj.k 1 ¼,½ vFkkZr ÞMheSV eksM esa izfrHkwfr;ksa dks j[kus okys joining virtual meeting for Individual shareholders holding
O;fäxr 'ks;j/kkjdksa ds fy, opqZvy eh¯Vx esa 'kkfey gksus vkSj securities in demat mode”.
bZ&oks¯Vx ds fy, ykWfxu dh fof/kÞ esa crkbZ xbZ ykWfxu fof/k dk
lUnHkZ ysus dk vuqjks/k fd;k tkrk gSA
3- oSdfYid :i ls 'ks;j/kkjd mi;qZä mfYyf[kr nLrkostksa dks 3. Alternatively, shareholders may send a request to evoting@
iznku djds bZ&oks¯Vx gsrq ;wtj vkbZMh ,oa ikloMZ izkIr djus ds nsdl.co.in for procuring user id and password for e-voting
fy, [email protected] dks vuqjks/k dj ldrs gSA by providing above mentioned documents.
,th,e ds fnu bZ&oks¯Vx gsrq 'ks;j/kkjdksa ds fy, funsZ'k The instructions for Shareholders for E-Voting on the day of
fuEukuqlkj gS%& the AGM are as under: -
1- ,th,e ds fnu bZ&oks¯Vx ds fy, izfØ;k mlh rjg ls gS tSls 1. The procedure for e-Voting on the day of the AGM is same
fjeksV bZ&oks¯Vx gsrq mi;qZä mYys[k fd, x, funsZ'k gSaA as the instructions mentioned above for remote e-voting.
2- dsoy os 'ks;j/kkjd] tks ohlh@vks,oh,e lqfo/kk ds ek/;e ls 2. Only those shareholders, who will be present in the AGM
,th,e esa mifLFkr gksaxs vkSj nwjLFk bZ&oks¯Vx ds ek/;e ls ladYiksa through VC/OAVM facility and have not cast their vote on
the Resolutions through remote e-Voting and are otherwise
ij viuk oksV ugha Mkysaxs ,oa ,slk djus ls vU;Fkk izfrcafèkr ugha
not barred from doing so, shall be eligible to vote through
fd, x, gSa] oks ,th,e esa bZ&oks¯Vx flLVe ds ek/;e ls ernku e-Voting system in the AGM.
djus ds ik=k gksaxsA
3- fjeksV bZ&oks¯Vx ds ek/;e ls ernku djus okys 'ks;j/kkjd 3. Shareholders who have voted through Remote e-Voting
,th,e esa Hkkx ysus ds ik=k gksaxs] gkykafd] os ,th,e esa ernku will be eligible to attend the AGM, however, they will not
djus ds ik=k ugha gksaxsA be eligible to vote at the AGM.
4- ,th,e ds fnu bZ&oks¯Vx dh lqfo/kk ls lacaf/kr fdlh Hkh f'kdk;r 4. The details of the persons who may be contacted for any
ds fy, ftu O;fä;ksa ls laidZ fd;k tk ldrk gS] mudk fooj.k grievances connected with the facility for e-Voting on the
fjeksV bZ&oks¯Vx ds fy, ;Fkk mfYyf[kr vuqlkj gh gksxkA day of the AGM shall be the same as mentioned for Remote
e-voting.
'ks;j/kkjdksa ds fy, ohlh@vks,oh,e ds ek/;e ls cSBd esa Hkkx Instructions for Shareholders for attending the AGM through
ysus gsrq funsZ'k fuEukuqlkj gSa% VC/OAVM are as under:
1- 'ks;j/kkjd ,u,lMh,y bZ&oks¯Vx iz.kkyh ds ek/;e ls ohlh@ 1. Shareholders will be provided with a facility to attend
vks,oh,e lqfo/kk ds }kjk ,th,e esa Hkkx ysus esa l{ke gksaxsA 'ks;j/ the AGM through VC/OAVM through the NSDL e-Voting
system. Shareholders may access by following the steps
kkjd ^^,u,lMh,y bZ&oks¯Vx flLVe dk ,Dlsl** gsrq
mentioned above for Access to NSDL e-Voting system.
mijksäkuqlkjd pj.kksa dk ikyu djds igqap ldrs gSaA vkils
20
vuqjks/k gS fd ^^Tokbu tujy eh¯Vx** esU;w esa fn, x, ¯yd After successful login, you can see link of “VC/OAVM link”
ohlh@vks,oh,e ij fDyd djsaA lQyrkiwoZd ykWx bu djus ds placed under “Join General Meeting” menu against the
ckn] vki cSad ds uke ds lkeus Þvke cSBd esa 'kkfey gksaÞ esuw ds name of the Bank. You are requested to click on VC/OAVM
link placed under Join General Meeting menu. The link for
rgr j[ks x, Þohlh @ vks,oh,e ¯ydÞ dk ¯yd ns[k ldrs gSaA
VC/OAVM will be available in Shareholder/Member login
vkils vuqjks/k gS fd tkWbu tujy eh¯Vx esU;w ds rgr fn, x,
where the EVEN of Bank will be displayed. Please note
ohlh@vks,oh,e ¯yd ij fDyd djsaA ohlh@vks,oh,e ds fy, that the Shareholders who do not have the User ID and
¯yd 'ks;j/kkjd@lnL; ykWfxu esa miyC/k gksxk tgka cSad dk Password for e-Voting or have forgotten the User ID and
EVEN izn£'kr fd;k tk,xkA dì;k /;ku nsa fd ftu 'ks;j/kkjdksa Password may retrieve the same by following the remote
ds ikl bZ&oks¯Vx ds fy, ;wtj vkbZMh vkSj ikloMZ ugha gS ;k e-Voting instructions mentioned in the Notice to avoid last
mi;ksxdrkZ vkbZMh vkSj ikloMZ Hkwy x, gSa] os vafre le; ij Hkkx minute rush.
nkSM+ ls cpus ds fy, uksfVl esa mfYyf[kr nwjLFk bZ&oks¯Vx funsZ'kksa
dk ikyu djds bls iqu% izkIr dj ldrs gSaA
,th,e ls iwoZ ;k blds nkSjku] rduhd ds iz;ksx ds fy, lgk;rk The Helpline details of the persons who may be contacted
izkIr djus ds bPNqd 'ks;j/kkjd }kjk laidZ fd, tkus okys O;fä by the Shareholder needing assistance with the use of
technology, before or during the AGM shall be the same as
dk gsYiykbu fooj.k ogh gksxk tks fd fjeksV bZ&oks¯Vx ds fy,
mentioned for remote e-Voting.
fn;k x;k gSA
2- csgrj vuqHko gsrq 'ks;j/kkjd ySiVkWi ds ek/;e ls cSBd esa 'kkfey 2. Shareholders are encouraged to join the Meeting through
gks ldrs gSaA blds vykok] 'ks;j/kkjdksa ds ikl cSBd ds nkSjku Laptops for better experience. Further, Shareholders should
fdlh Hkh O;o/kku ls cpus gsrq ,d vPNh xfr ds lkFk baVjusV gksuk have internet with a good speed to avoid any disturbance
pkfg,A dì;k /;ku nsa fd eksckby gkWVLikWV ds ek/;e ls dusDV during the meeting. Please note that the participants
connecting via Mobile Hotspot may experience Audio/
djus okys 'ks;j/kkjdksa dks vius lacaf/kr usVodZ esa mrkj&p<+ko
Video loss due to fluctuation in their respective network.
ds dkj.k vkWfM;ks@ohfM;ks gkfu dk vuqHko gks ldrk gSA blfy, It is therefore recommended to use Stable Wi-Fi or LAN
fdlh Hkh izdkj dh mä #dkoV dks de djus gsrq fLFkj okbZ&QkbZ Connection to mitigate any kind of aforesaid glitches.
;k ySu dusD'ku dk mi;ksx djus dh flQkfj'k dh tkrh gSA
3- fdlh izLrko ij ,d ckj oksV Mkyus ds ckn mls ckn esa cnyk ugha 3. Vote on a resolution, once cast, cannot be changed
tk ldrkA subsequently.
4- 'ks;j/kkjd] tks ,th,e ds nkSjku ,th,e esa fd, tkus okys 4. Shareholders, who would like to express their views/ask
O;olk; ds laca/k esa vius fopkj O;ä djuk@iz'u iwNuk pkgrs questions during the AGM with regard to the business to
gSa] mUgsa vius uke] Mhih vkbZMh vkSj DykbaV vkbZMh uacj@Qksfy;ks be transacted at the AGM, need to register themselves as
uacj vkSj eksckby uacj dk mYys[k djrs gq, vius iathd`r bZesy a Speaker by sending their request from their registered
email id mentioning their name, DP ID and Client ID
vkbZMh ls viuk vuqjks/k cSad dh bZesy vkbZMh [email protected]
number/folio number and mobile number, to the Bank’s
ij 27 twu] 2022 dks iwokZºu 11-00 cts ;k mlls igys Hkstdj email id at [email protected] on or before 11.00 a.m. of
Lo;a dks oDrk ds :i esa iathd`r djus dh vko';drk gSA 27th June, 2022. Those shareholders who have registered
os 'ks;j/kkjd ftUgksaus Lo;a dks oDrk ds :i esa iathd`r fd;k gS] themselves as a speaker will only be allowed to express
mUgsa cSBd ds nkSjku vius fopkj O;Dr djusA iz'u iwNus dh their views/ask questions during the meeting.
vuqefr gksxhA
5- 'ks;j/kkjd ,th,e esa vius iathd`r bZesy irs ls vius uke] Mhih 5. Shareholders can submit questions with regard to the
vkbZMh vkSj DykbaV vkbZMh uacj @ Qksfy;ks uacj vkSj eksckby business to be transacted at the AGM from their registered
uacj dk mYys[k djrs gq,] cSad dh bZesy vkbZMh [email protected] email address, mentioning their name, DP ID and Client ID
ij O;kikj ds laca/k esa 27 twu] 2022 dks iwokZºu 11-00 cts ;k number/folio number and mobile number, to the Bank’s
email id at [email protected] in advance on or before 11.00
mlls igys iz'u izLrqr dj ldrs gSaA ohlh@vks,oh,e ds ek/;e
a.m. of 27th June, 2022. Shareholders who will participate
ls ,th,e esa Hkkx ysus okys 'ks;j/kkjd iz'u ckWDl fodYi ds in the AGM through VC/OAVM can also pose question/
ek/;e ls iz'u@izfrfØ;k Hkh ns ldrs gSaA 'ks;j/kkjdksa }kjk bl feedback through question box option. Such questions by
izdkj ds iz'uksa dks cSBd ds nkSjku mBk;k tk,xk ;k cSad }kjk the Shareholders shall be taken up during the Meeting or
mi;qä mÙkj fn;k tk,xkA suitably replied to by the Bank, later.
21
6- laLFkkxr fuos'kd] tks cSad ds 'ks;j/kkjd gSa] ls vuqjks/k fd;k tkrk 6. Institutional Investors, who are shareholders of the Bank,
gS fd ohlh@vks,oh,e lqfo/kk ds ek/;e ls ,th,e esa mifLFkr gksaA are requested to be present in the AGM through VC/OAVM
Facility.
9- laoh{kd 9. Scrutinizer
eSllZ vk'kq xqIrk ,aM daiuh] daiuh lfpo] dks fu"i{k vkSj ikjn'khZ M/s Ashu Gupta & Co., Company Secretaries has been
rjhds ls bZ&oks¯Vx izfØ;k dh tkap djus ds fy, cSad }kjk laoh{kd appointed as the Scrutinizer by the Bank to scrutinize the
ds :i esa fu;qä fd;k x;k gSA e-voting process in a fair and transparent manner.
The Scrutinizer shall submit a consolidated Scrutinizer’s
laoh{kd] ok£"kd vke cSBd ¼,th,e½ ds lekiu ds nks dk;Z fnolksa Report on the total votes cast to the Chairman of the
ds Hkhrj v/;{k dks fn, x, dqy erksa ij ,d lesfdr laoh{kddrkZ Meeting within two working days of conclusion of the AGM
fjiksVZ izLrqr djsxk vkSj mlds ckn cSad LVkWd ,Dlpsat vkSj cSad thereafter the Bank shall declare the result of the voting
dh osclkbV ij lesfdr laoh{kddrkZ dh fjiksVZ ds lkFk ifj.kke forthwith by placing the Results along with the Scrutinizer’s
izLrqr djrs gq, rqjar ernku ds ifj.kke ?kksf"kr djsxkA Report on the website of Stock Exchanges and the Bank.
10- vnkokd`r ykHkka'k 10. Unclaimed Dividend

'ks;j/kkjdksa dks ,rn~}kjk lwfpr fd;k tkrk gS fd ;fn dksbZ Shareholders are hereby informed that if any dividend
amount remains unpaid/ unclaimed for 7 years from its
ykHkka'k jkf'k bldh ns; frfFk ls 7 o"kks± rd voSrfud@vnkoh
due date, the said unpaid/unclaimed amount has to be
gS rks mä vnÙk@ vnkokd`r jkf'k dks cSa¯dx daiuh ¼miØeksa transferred to the ‘Investor Education & Protection Fund’
dk vfèkxzg.k vkSj gLrkarj.k½ vf/kfu;e] 1970 dh /kkjk 10ch ds (IEPF), pursuant to Section 10B of the Banking Companies
vuqlkj *fuos'kd f'k{kk ,oa laj{k.k dks"k* ¼vkbZbZih,Q½ esa varfjr (Acquisition and Transfer of Undertakings) Act, 1970. The
fd;k tkuk pkfg,A foÙkh; o"kZ 2013&14 rd ykHkka'k [kkrs gsrq unpaid/unclaimed amount in Dividend Account upto FY
varfje ykHkka'k esa vnÙk^@vnkokd`r jkf'k dks vkbZbZih,Q esa 2013-14 has already been transferred to IEPF.
varfjr dj fn;k x;k gSA
foÙk o"kZ 2014&15 ¼ih,uch vkSj bZ&vkschlh }kjk ?kksf"kr½ ds fy, The unpaid/unclaimed dividend for FY 2014-15 (declared
Hkqxrku @nkok u fd, x, ykHkka'k dks vkbZbZih,Q esa gLrkarfjr by PNB and e-OBC) is due to be transferred to IEPF.
The shareholders who have not received/claimed the
fd;k tkuk pkfg,A ftu 'ks;j/kkjdksa us o"kZ 2014&15 ds fy,
dividend(s) for the year 2014-15 are requested to claim the
ykHkka'k izkIr ugha fd;k gS @nkok ugha fd;k gS] muls vuqjks/k gS same latest by 20.07.2022 (in case of dividend declared
fd os 20-07-2022 ¼ih,uch }kjk ?kksf"kr ykHkka'k ds ekeys esa½ vkSj by PNB) and 25.07.2022 (in case of dividend declared by
25-07-2022 ¼bZ&vkschlh }kjk ?kksf"kr ykHkka'k ds ekeys esa½ rd jkf'k e-OBC), by giving their latest address, Mobile/Telephone
dk nkok djus ds fy, viuk uohure irk] eksckby@VsyhQksu No. Folio No./ DP-ID & Client ID and Bank details viz. Bank
uacj Qksfy;ks uacj@Mhih&vkbZMh ,oa DykbaV vkbZMh vkSj cSad name, Branch address, Bank account number and IFSC
fooj.k tSls cSad dk uke] 'kk[kk dk irk] cSad [kkrk la[;k vkSj etc. for claiming the amount. If not claimed, the unpaid
vkbZ,Q,llh vkfn nsaA ;fn nkok ugha fd;k x;k gS] rks ;Fkkykxw dividend will be transferred to IEPF in accordance with the
applicable guidelines.
fn'kkfunsZ'kksa ds vuqlkj vnÙk ykHkka'k vkbZbZih,Q dks varfjr dj
fn;k tk,xkA
cSad ds ikl iM+s vnÙk@ vnkokd`r ykHkka'k dh o"kZokj lwph cSad dh
The year-wise data of unpaid/unclaimed dividend lying
osclkbV ¼www.pnbindia.in½ ij viyksM dh xbZ gSA with the Bank is available on the Bank’s website (www.
pnbindia.in).
11- vU; tkudkjh
11. Other Information
,½ lsch ds ifji=k la[;k lsch@,pvks@lh,QMh@lh,eMh2@
a) Pursuant to the SEBI Circular No. SEBI/HO/CFD/CMD2/
lhvkbZvkj@ih@2022@62 fnukad 13 ebZ 2022 ds vuqlkj] cSad CIR/P/2022/62 dated May 13, 2022, the Annual Report
dh 21oha ok£"kd vke cSBd ¼,th,e½ dh lwpuk okyh foÙkh; o"kZ for FY 2021-22 containing the Notice of the 21st Annual
2021&22 dh ok£"kd fjiksVZ esa vU; ckrksa ds lkFk&lkFk] bZ&oks¯Vx General Meeting (AGM) of the Bank, inter alia, indicating
dh izfØ;k vkSj fof/k vkfn dk ladsr dsoy mu lHkh 'ks;j/kkjdksa the process and manner of e-voting etc. is being sent
dks bysDVªkWfud ek/;e ls izsf"kr fd, tk jgs gS] ftudh bZesy only in electronic mode to all the shareholders whose
vkbZMh cSad ds ,lVh, @ fMikWftVjh ik£VflisaV ¼vksa½ ds lkFk email IDs are registered with the Bank’s STA / Depository
iathd`r gSaA Participant(s).
22
ch½ 'ks;j/kkjd ;g Hkh uksV dj ldrs gS fd foÙkh; o"kZ 2021&22 b) Shareholders may also note that the Annual Report for
dh ok£"kd fjiksVZ ftlesa vU; ckrksa ds lkFk&lkFk ,th,e dh FY 2021-22 inter alia containing the Notice of AGM is also
being made available on the Bank’s website www.pnbindia.
lwpuk 'kkfey gS] dks cSad dh osclkbV www.pnbindia.in] LVkWd in, websites of the Stock Exchanges i.e. BSE Limited and
,Dlpsatksa vFkkZr ch,lbZ fyfeVsM vkSj uS'kuy LVkWd ,Dlpsat National Stock Exchange of India Limited at www.bseindia.
vkWQ bafM;k fyfeVsM dh osclkbV Øe'k% www.bseindia.com com and www.nseindia.com respectively, and on the
,oa www.nseindia.com ij vkSj ,u,lMh,y dh osclkbV website of NSDL i.e. www.evoting.nsdl.com
www.evoting.nsdl.com ij Hkh miyC/k djk;k x;k gSA
lh½ cSad }kjk dh xbZ *gfjr igy* dks /;ku esa j[krs gq,] 'ks;j/kkjdksa ls c) In view of the ‘Green Initiatives’ undertaken by the
vuqjks/k gS fd MheSV :i esa /kkfjr 'ks;jksa ds ekeys esa vius lacafèkr Bank, shareholders are requested to get their email ids
registered with their respective Depository Participant in
fMikWftVjh ik£VflisaV ds lkFk vkSj HkkSfrd :i esa /kkfjr 'ks;jksa
case of shares held in demat form and with the Bank’s STA
ds ekeys esa cSad ds ,lVh, ds lkFk viuh bZesy vkbZMh iathd`r in case of shares held in physical form. Further, in case of
djok,aA blds vykok] muds uke] Mkd irk] bZesy irk] VsyhQksu changes, if any, pertaining to their name, postal address,
@ eksckby uacj] LFkk;h [kkrk la[;k ¼iSu½] esuMsV] ukekadu] cSad email address, telephone/ mobile numbers, Permanent
fooj.k tSls cSad dk uke vkSj 'kk[kk fooj.k] cSad [kkrk la[;k] Account Number (PAN), mandates, nominations, bank
,evkbZlhvkj dksM] vkbZ,Q,llh dksM] vkfn ls lacaf/kr ifjorZu] details such as, name of the bank and branch details, bank
;fn dksbZ gks] ds ekeys esa] ds ckjs esa bysDVªkWfud :i esa 'ks;jksa ds account number, MICR code, IFSC code, etc., the same may
èkkfjr gksus dh fLFkfr esa muds Mhih dks vkSj HkkSfrd :i esa 'ks;jksa be intimated to their DPs in case the shares are held by
them in electronic form and to the STA in case the shares
ds /kkfjr gksus dh fLFkfr esa ,lVh, dks bldh lwpuk nh tk ldrh
are held by them in physical form.
gSA
Mh½ ,sls 'ks;j/kkjd ftuds ikl leku ukeksa esa ;k la;qä ukeksa esa dbZ d) Shareholders who hold shares in physical form in multiple
Qksfy;ks esa fofo/k Qksfy;ksa esa 'ks;j HkkSfrd :i esa j[ks gSa] muls folios in identical names or joint names in the same order
of names are requested to send their share certificates to
vuqjks/k fd;k tkrk gS fd os vius 'ks;j izek.ki=kksa dks ,dy
the STA for consolidation into a single folio.
Qksfy;ks esa lesfdr djus ds fy, ,lVh, dks HkstsaA
bZ½ lsch lwphdj.k fofu;eksa ds fofu;e;u 40 ds vuqlkj] ;Fkkla'kksfèkr] e) As per Regulation 40 of SEBI Listing Regulations, as
lwphc) laLFkkvksa dh izfrHkwfr;ksa dks dsoy izfrHkwfr;ksa ds lapj.k amended, securities of listed entities can be transferred
only in dematerialized form with effect from, 01st April,
;k LFkkukUrj.k ds fy, izkIr vuqjks/k ds ekeys dks NksM+dj
2019, except in case of request received for transmission
01 vizSy] 2019 ls dsoy MheSV :i esa LFkkukarfjr fd;k tk ldrk or transposition of securities. Shareholders holding shares
gSA blfy, HkkSfrd :i esa 'ks;j /kkj.k djus okys 'ks;j/kkjdksa ls in physical form are therefore requested to convert their
vuqjks/k gS fd os viuh /kkfjrk dks vewrZ :i esa ifjo£rr djsaA holdings to dematerialized form.
23
O;k[;kRed dFku% Explanatory Statement:
 en la[;k-3%  Item No.3:
1 vizSy] 2022 ls izHkkoh lsch lwphdj.k fofu;eksa ds fofu;e 23¼1½ ds Pursuant to amendment in Regulation 2(1)(zc) read with the
izko/kku ds lkFk ifBr fofu;e 2¼1½¼t+sMlh½ esa la'kks/ku ds vuqlkj] ,d proviso to Regulation 23(1) of the SEBI Listing Regulations,
effective from 1 April, 2022, transactions involving transfer of
vksj lwphc) bdkbZ ;k mldh fdlh laLFkkid daiuh ds chp lalkèkuksa] resources, services or obligations between a listed entity or any
lsokvksa ;k nkf;Roksa ds gLrkarj.k ls lacaf/kr ysu&nsu vkSj nwljh vksj of its subsidiaries on one hand and a related party of the listed
lwphc) bdkbZ ;k mldh fdlh lgk;d daiuh ds lacafèkr i{k dks entity or any of its subsidiaries on the other hand are considered
lacafèkr ikVhZ ysu nsu ekuk tkrk gSA blds vykok] lsch lwphdj.k as related party transactions. Further, in terms of Regulation
fofu;eksa ds fofu;e 23¼4½ ds vuqlkj] lHkh eSVsfj;y ls lacaf/kr ikVhZ 23(4) of SEBI Listing Regulations, all material related party
ysunsu ds fy, ,d lkekU; ladYi ds ek/;e ls 'ks;jèkkjdksa ds iwoZ transactions require prior approval of shareholders by way of an
vuqeksnu dh vko';drk gksrh gS] bl rF; ds ckotwn fd os Lora=k ordinary resolution, notwithstanding the fact that the same are
at an arm’s length basis and in the ordinary course of business.
laO;ogkj ds vkèkkj ij vkSj O;kikj ds lkekU; izfØ;k esa gSaA ;fn foÙkh;
A related party transaction is considered as ‘material’ if the
o"kZ ds nkSjku O;fäxr ;k la;qä :i ls fd;k tkus okyk ysunsu fiNys transaction to be entered into individually or taken together
ysunsu ls `1000 djksM+ ;k lwphc) bdkbZ ds vafre ys[kk ijhf{kr with previous transactions during a financial year exceeds
foÙkh; fooj.kksa ds vuqlkj lwphc) bdkbZ ds ok£"kd lesfdr dkjksckj `1000 Crore or 10% of the annual consolidated turnover of the
dk 10%] tks Hkh de gks] ls vf/kd gS rks fdlh lacaf/kr ikVhZ ysunsu dks listed entity as per the last audited financial statements of the
*eSVsfj;y* ekuk tkrk gSA listed entity, whichever is lower.
mijksä dks /;ku esa j[krs gq,] fuEufyf[kr izLrkfor eSVsfj;y lacaf/kr In view of the above, approval of the Shareholders is sought
ikVhZ ysunsu ds fy, 'ks;j/kkjdksa dk vuqeksnu izkIr fd;k x;k gS% for the following proposed Material Related Party Transactions:
Particulars Details of Transactions

fooj.k ysu&nsu dk fooj.k
Name of PNB Gilts Ltd. PNB PNB
lacaf/kr ikVhZ dk ih,uch fxYV~l ih,uch ih,uch Related Party (Subsidiary) Housing Metlife
uke vkSj cSad ds fyfeVsM] gkm¯+lx esVykbQ and its Finance India
lkFk mldk laca/k ¼vuq"kaxh½ Qkbusal bafM;k relationship Ltd. Insurance
ba';ksjsal with the Bank (Associate) Company
fyfeVsM daiuh Ltd.
¼,lksfl,V½ fyfeVsM (Associate)
¼,lksfl,V½
ysu&nsu dk ,deq'r ,deq'r izfrHkwfr ysunsu Type of Outright Outright securities
izdkj izfrHkwfr ysunsu ¼izfrHkwfr;ksa dh fcØh @ Transaction securities transactions (sale
¼izfrHkwfr;ksa [kjhn½] eqnzk cktkj ysunsu] transactions / purchase of
(sale / purchase securities), Money
dh fcØh @ izfrHkwfr;ksa dh izkFkfed of securities), Market transactions,
[kjhn½] eqnzk lnL;rk vkSj ,sls vU; Money Market Primary subscription
cktkj ysunsu] ysu&nsu tks lacafèkr transactions, of securities and also
izfrHkwfr;ksa foÙkh; o"kZ ds fy, foÙkh; Primary such other transactions
subscription as may be disclosed
dh izkFkfed fooj.kksa dk fgLlk cuus of securities, in the notes forming
lnL;rk] ih,uch okyh fVIif.k;ksa esa izdV Security part of the Financial
esa lqj{kk O;oLFkk fd, tk ldrs gSaA Arranger Statements for the
lsok,a bZchih ds services in PNBs relevant Financial Year.
NCD issuances
ek/;e ls ,ulhMh through EBP
tkjh djrk gS in which PNB
ftlesa ih,uch Gilts may be
fxYV b';w dk arranger/one of
the arrangers
vjsatlZ@vjsatlZ to the issue and
esa ls ,d gks also such other
ldrk gS vkSj ,sls transactions
vU; ysu&nsu Hkh as may be
disclosed in the
tks lacaf/kr notes
24
fooj.k ysu&nsu dk fooj.k Particulars Details of Transactions
foÙkh; fooj.kksa forming part of

the Financial
dk fgLlk cuus Statements for
okyh fVIif.k;ksa the relevant
esa izdV fd, tk Financial Year.
ldrs gSaA
Material Outright securities transactions /
izLrkfor ysunsu ,deq'r izfrHkwfr ysunsu@eqnkz cktkj ysunsu@ terms and money Market transactions/ Primary
dh rkfRod 'krs± izfrHkwfr;ksa dk izkFkfed vfHknku] cSda ds uhfr particulars of subscriptions of securities, will be done
the proposed as per the prevailing market price/Fair
vkSj fooj.k fn'kkfuns'Z kksa ds vuqlkj izpfyr cktkj ewY;@ transaction value of securities in line with Bank’s Policy
izfrHkwfr;ksa ds mfpr ewY; ds vuqlkj fd;k tk,xkA Guidelines.
,ulhMh tkjh djus ds fy, ih,uch fxYV dh Arranger services of PNB Gilts for NCD
O;oLFkk djus okyh lsokvksa dk mi;ksx ih,uch issuances shall be utilised as per PNBs issue
requirement and payment of arranger-ship
b';w vko';drk ds vuqlkj fd;k tk,xk vkSj fee shall be uniform to all the arrangers as
lHkh izca/kdksa ds fy, cSad }kjk r; fd, x, decided by the Bank.
vjsatj&f'ki 'kqYd dk Hkqxrku ,d leku gksxkA
izLrkfor ysunsu 6000.00 6000.00 2000.00 Value of the 6000.00 6000.00 2000.00
dk ewY; ¼` djksM+ proposed
transaction
esa½ (` in Crore)
laLFkk dk Lo#i foÙkh; Nature of Financial

;k lacaf/kr ikVhZ concern or
interest of the
dk fgr ¼foRrh; related party
;k vU;Fkk½ (financial or
otherwise)
rRdky iwoZorhZ 6.79% 6.79% 2.26% Percentage of 6.79% 6.79% 2.26%
Bank’s Annual
foÙkh; o"kZ ds fy, Consolidated
cSad ds ok£"kd Turnover
lesfdr dkjksckj for the
dk izfr'kr] immediately
preceding
izLrkfor ysunsu financial year,
¼31-03-2022 dks represented
lekIr foÙkh; o"kZ by the value of
ds fy, cSad dh the proposed
lesfdr dqy vk; transaction
(Based on
ds vkèkkj ij½ ds Consolidated
ewY; }kjk n'kkZ;k Total Income
x;k gS of the Bank
for FY ended
31.03.2022)
cSad ;k mldh lgk;d daiuh }kjk fd, x, ;k fn, x, fdlh Transaction relating to any loans, inter-corporate deposits,
advances or investments made or given by the Bank or its
Hkh _.k ds lkFk lkFk dkWiksZjsV tek] vfxze ;k fuos'k ls lacaf/kr subsidiary:
ysunsu%
25
¼i½ fd, x, foÙkh; cSad dksbZ fof'k"V foÙkh; _.k ugha ysxkA /ku (i) Details The Bank will not incur any specific Financial
of Financial indebtedness. Funds will be utilized from
_.kxzLrrk dk dk mi;ksx cSa¯dx ds lkekU; ikB~¸kØe ls fd;k normal course of Banking.
Indebtedness
fooj.k tk,xkA incurred
(ii) dk;Zdky foÙkh; o"kZ 2022&23 ds nkSjku ysunsu fd, tkus (ii) Tenure The Transactions are proposed to be
dk izLrko gSA dk;Zdky tkjh izfrHkwfr;ksa dh undertaken during FY 2022-23. The Tenure
will be as per terms of the securities issued.
'krks± ds vuqlkj gksxkA
(iii) vuqca/k] izlafonk] pqdkSrh vuqlwph] pkgs lqjf{kr@ (iii) Applicable The applicable terms including Covenants,
dk;Zdky] vlqjf{kr] vkfn lfgr ;Fkkykxw 'krs± izfrHkwfr;ksa terms, repayment schedule, whether secured/
including unsecured, etc. will be as per the terms of
C;kt nj vkSj dks tkjh djus dh 'krks± ds vuqlkj gksaxhA the issuance of securities. The proposed
covenants,
iquHkqZxrku izLrkfor ysu&nsu] cSad dh uhfr@fofu;ked tenure, interest Transactions, shall be undertaken on an
vuqlwph] pkgs fn'kkfunsZ'kksa ds vuqlkj cSad ds lkekU; dkjksckj arm’s length basis in the normal course of
rate and
lqjf{kr gks ;k esa Lora=k laO;ogkj ds vk/kkj ij fd, tk,axsA business of the Bank in accordance with
repayment the Bank’s Policy/Regulatory Guidelines.
vlqjf{kr( ;fn schedule,
lqjf{kr gS] rks whether
lqj{kk dh izd`fr izfrHkwfr;ksa dk ewY; izpfyr cktkj i)fr ds secured or The securities shall be priced at Fair Market
lfgr ;Fkkykxw unsecured; Value as per the prevailing market practice.
vuqlkj mfpr cktkj ewY; ij gksxkA
if secured,
'krs±A
the nature of
security.
¼iv½ ftl mís'; fuf/k dk mi;ksx dsoy l{ke izkf/kdkjh }kjk (iv) The The funds may be utilized solely for the
purpose for intended purpose as approved by the
ds fy, vkjihVh vuqeksfnr bfPNr mís'; ds fy, fd;k tk ldrk Competent Authority.
which the
ds vuqlkj ,slh gSA funds will be
fuf/k;ksa ds vafre utilized by
ykHkkFkhZ the ultimate
}kjk fuf/k;ksa dk beneficiary
mi;ksx fd;k of such funds
tk,xkA pursuant to the
RPT.
vkjihVh cSad ds cktkj ds voljksa dk ykHk mBkdj O;kikj@ Justification The Bank is actively engaged in purchase/
as to why the sale of securities (issued by Government of
fgr esa D;ksa gS fuos'k iksVZQksfy;ks ls vf/kdre ykHk izkIr djus RPT is in the India, State Governments, PSUs, Corporates
bldk vkSfpR; ds fy, cSad vius lkekU; dkjksckj ds nkSjku interest of the etc which may be related or unrelated
izfrHkwfr;ksa dh [kjhn@fcØh ¼Hkkjr ljdkj] Bank to the Bank) during its normal course of
jkT; ljdkjksa] ih,l;w] dkWiksZjsV vkfn }kjk tkjh business, to optimise profits from trading/
investment portfolio by taking advantage
tks cSad ls lacaf/kr ;k vlacaf/kr gks ldrk gS½ esa of market opportunities and is therefore, in
lfØ; gS vkSj blfy,] ;g cSad ds fgr esa gSA the interest of the Bank.
blds vykok] ih,uch fxYV~l MsV ekdsZV esa ,d Further, PNB Gilts is one of the major player
izeq[k f[kykM+h gS vkSj izkFkfed Mhyj gSA ysunsu in Debt Market and is a primary dealer. The
cktkj njksa ij fd;k tk,xk] rkfd ih,uch transactions shall be carried out at Market
cktkj ds volj ls u pwdsA rates, so that PNB does not miss upon a
market opportunity.
ewY;kadu ;k ykxw ugha Valuation or Not applicable
vU; cká i{k dh other external
party report
fjiksVZ
26
,d vksj cSad ds chp izLrkfor ysu&nsu dk ewY; vkSj nwljh rjQ The value of the proposed transactions between the Bank on
mijksä mfYyf[kr lacaf/kr ik£V;ksa esa ls izR;sd dk ewY; `1000 djksM+ one side and each of the aforementioned Related Parties, on the
other side, is more than `1000 Crore [i.e. above the threshold
ls vf/kd gS [vFkkZr lsch lwphdj.k fofu;eksa ds rgr *eSVsfj;y ls of ‘material related party transactions’ under the SEBI Listing
lacafèkr ikVhZ ysunsu* dh lhek ls vf/kd vFkkZr `1000 djksM+ ;k cSad ds Regulations i.e. `1000 Crore or 10% of the Annual Consolidated
vafre ys[kk ijhf{kr foÙkh; fooj.kksa ds vuqlkj cSad ds ok£"kd lesfdr Turnover of the Bank as per the last audited financial statements
dkjksckj dk 10%] tks Hkh gks de gks] ysu&nsu lacaf/kr ik£V;ksa ds lkFk of the Bank, whichever is lower.] The transactions will be
Lora=k laO;ogkj vk/kkj ij vkSj cSad ds lkekU; dkjksckj esa fu"ikfnr executed with the Related Parties on an arm’s length basis and
fd;k tk,xkA in the ordinary course of business of the Bank.
dksbZ Hkh funs'kd] izeq[k izca/kdh; dk£ed vkSj muds fj'rsnkj] None of the Directors, Key Managerial Personnel and their
relatives, other than to the extent of their shareholding/
cSad esa vkSj Åij mfYyf[kr fdlh Hkh laLFkk esa] ;fn dksbZ gks] mudh
directorships, if any, in the Bank and in any of the entities
'ks;jèkkfjrk@funsZ'ku] ;fn dksbZ gks] dks NksM+dj] mijksä ladYi esa mentioned above, if any, are concerned/interested in the above
lacaf/kr@#fp j[krs gSaA resolution.
cksMZ dh ys[kk ijh{kk lfefr us mijksä eSVsfj;y laca/kh ikVhZ ysunsu ds The Audit Committee of the Board has accorded approval for
fy, vuqeksnu iznku fd;k gSA the aforesaid Material Related Party Transactions.
The Board has also recommended that the proposed material

cksMZ us ;g Hkh flQkfj'k dh gS fd en la[;k 3 esa j[kh xbZ izLrkfor
related party transactions placed at Item No. 3, be placed
eSVsfj;y ls lacaf/kr ikVhZ ysunsu] 'ks;j/kkjdksa ds le{k muds vuqeksnu before the shareholders as Ordinary Resolution at the AGM for
gsrq ,th,e esa lkekU; ladYi ds :i esa j[kk tk,A seeking their approval.
'ks;j/kkjd dì;k /;ku nsa fd] lsch lwphdj.k fofu;eksa ds izko/kkuksa ds The Shareholders may please note that, in terms of provisions
vuqlkj] dksbZ Hkh lacaf/kr i{k@ikVhZ uksfVl ds en la[;k 3 ij lkekU; of the SEBI Listing Regulations, no related party/ies shall vote
to approve the Ordinary Resolution at Item No. 3 of the Notice.
ladYi dks vuqeksfnr djus ds fy, oksV ugha djsaxsA
 en la[;k 4%  Item No.4:
1 vizSy] 2022 ls izHkkoh lsch fy¯LVx fofu;eksa ds fofu;e 23¼1½ ds Pursuant to amendment in Regulation 2(1)(zc) read with the
proviso to Regulation 23(1) of the SEBI Listing Regulations,
izko/kku ds lkFk ifBr fofu;e 2¼1½¼tsMlh½ esa la'kks/ku ds vuqlkj] effective from April 1, 2022, transactions involving transfer of
,d lwphc) bdkbZ ;k fdlh ds chp lalk/kuksa] lsokvksa ;k nkf;Roksa ds resources, services or obligations between a listed entity or any
gLrkarj.k ls tqM+s ysunsu ,d vksj bldh lgk;d daifu;ksa vkSj nwljh of its subsidiaries on one hand and a related party of the listed
vksj lwphc) bdkbZ ;k mldh fdlh lgk;d daiuh ds lacafèkr i{k entity or any of its subsidiaries on the other hand are considered
dks lacaf/kr i{k dh ysunsu ekuk tkrk gSA blds vykok] lsch fy¯LVx as related party transactions. Further, in terms of Regulation
fofu;eksa ds fofu;e 23¼4½ ds vuqlkj] lHkh eSVsfj;y ls lacaf/kr i{k 23(4) of SEBI Listing Regulations, all material related party
ysunsu ds fy, ,d lkekU; ladYi ds ek/;e ls 'ks;j/kkjdksa dh iwoZ transactions require prior approval of shareholders by way of an
Lohd`fr dh vko';drk gksrh gS] bl rF; ds ckotwn fd os Lora=k ordinary resolution, notwithstanding the fact that the same are
laO;ogkj ds vk/kkj ij vkSj lkekU; O;kikj izfØ;k esa gSaA ,d lacafèkr A related party transaction is considered as ‘material’ if the
i{k dh ysunsu dks *eSVsfj;y* ds :i esa ekuk tkrk gS ;fn ysunsu dks transaction to be entered into individually or taken together
O;fäxr :i ls ntZ fd;k tkrk gS ;k fiNys ysunsu ds lkFk ,d foÙkh; with previous transactions during a financial year exceeds
o"kZ ds nkSjku ,d lkFk fy;k tkrk gS] tks lwphc) bdkbZ ds fiNys ys[kk `1000 Crore or 10% of the annual consolidated turnover of the
ijhf{kr foÙkh; fooj.k ds vuqlkj lwphc) bdkbZ ds ok£"kd lesfdr listed entity as per the last audited financial statements of the
dkjksckj dk #-1000 djksM+ ;k 10% ls vf/kd gS] tks Hkh de gksA listed entity, whichever is lower.
i{k dh ysunsu ds fy, 'ks;j/kkjdksa dk vuqeksnu ekaxk x;k gS% for the following proposed Material Related Party Transactions:
27
lacaf/kr i{k dk uke ih,uch fxYV~l ih,uch gkm¯lx Name of Related PNB Gilts Ltd. PNB Housing Finance
Party and its (Subsidiary) Ltd. (Associate)
vkSj cSad ds lkFk blds fyfeVsM Qkbusal fyfeVsM relationship with
laca/k ¼vuq"kaxh½ ¼lgk;d½ the Bank
ysu&nsu dk izdkj lacaf/kr i{kksa lfgr vius xzkgdksa dks vius Type of Transaction Loans and Advances in the form of
lkekU; cSa¯dx O;olk; ds fgLls ds :i esa Term Loans, Line of Credit, Overdraft
lkof/k _.k] ykbu vkWQ ØsfMV] vksojMªk¶V etc. as part of its normal banking
business to its customers including
vkfn ds :i esa _.k vkSj vfxzeA related parties.
izLrkfor ysunsu ds izLrkfor ysunsu ds fu;e vkSj 'krs± cSad dh Material terms The terms and conditions of the
HkkSfrd fu;e vkSj uhfr@fofu;ked fn'kkfunsZ'kksa ds vuqlkj and particulars proposed transactions shall be in
fooj.k gksaxhA of the proposed accordance with the Bank’s Policy/
transaction Regulatory Guidelines.
izLrkfor ysunsu dk 3000.00 5000.00 Value of the 3000.00 5000.00
ewY; ¼` djksM+ esa½ proposed transaction
(` in Crore)
lacaf/kr i{k ds foÙkh; Nature of concern Financial
ljksdkj ;k fgr dh or interest of
izd`fr ¼foÙkh; ;k the related party
vU;Fkk½ (financial or
otherwise)
rRdky iwoZorhZ foÙkh; 3.40% 5.66%
Percentage of 3.40% 5.66%
o"kZ ds fy, cSad ds Bank’s Annual
ok£"kd lesfdr Consolidated
dkjksckj dk izfr'kr] Turnover for the
immediately
izLrkfor ysunsu ds preceding financial
ewY; }kjk n'kkZ;k x;k year, represented
gS ¼31-03-2022 dks by the value of
lekIr foÙkh; o"kZ ds the proposed
transaction (Based
fy, cSad dh lesfdr
on Consolidated
dqy vk; ds vk/kkj Total Income of the
ij½ Bank for FY ended
31.03.2022)
cSad ;k mldh lgk;d daiuh }kjk fd, x, ;k fn, x, fdlh Hkh Transaction relating to any loans, inter-corporate deposits,
_.k] varj&dkWiksZjsV tek] vfxze ;k fuos'k ls lacaf/kr ysunsu% advances or investments made or given by the Bank or its
subsidiary:
i½ dh xbZ foÙkh; cSad dksbZ fof'k"V foÙkh; _.k ugha ysxkA (i) Details of The Bank will not incur any specific
Financial Financial indebtedness. Funds will
_.kxzLrrk dk èku dk mi;ksx cSa¯dx ds lkekU; ikB~¸kØe
Indebtedness be utilized from normal course of
fooj.k ls fd;k tk,xkA incurred Banking.
ii½ dk;Zdky foÙkh; o"kZ 2022&23 ds nkSjku ysunsu (ii) Tenure The Transactions are proposed to
be undertaken during FY 2022-23.
fd, tkus dk izLrko gSA _.k lqfo/kk
The Tenure of the credit facility will
dk dk;Zdky cSad dh uhfr@fofu;ked be as per the terms of sanction in
fn'kkfunsZ'kksa ds vuqlkj eatwjh dh 'krks± ds accordance with Bank’s Policy /
vuqlkj gksxkA Regulatory Guidelines.
28
iii½ ykxw 'krs±] ftuesa vuqca/kksa lfgr ykxw 'krs±] pkgs izfrHkwfr gks @ (iii) Applicable The applicable terms including
terms, Covenants, whether secured/
'kkfey gS%a vuqc/a k] izfrHkwfr u gks] izfrHkwfr dh izd`fr vkfn cSad including unsecured, nature of security etc.
dk;Zdky] C;kt dh uhfr@fu;ked fn'kkfunsZ'kksa ds vuqlkj covenants, will be in accordance with the Bank’s
nj vkSj iquHkqxZ rku gksaxh vkSj tSlk m/kkjdrkZ lger gksaxsA tenure, interest Policy/Regulatory Guidelines and
vuqlp w h lfgr ysu&nsu] cSad ds lkekU; dkjksckj ds nkSjku rate and as agreed to by the borrowers. The
ykxw 'krs]± pkgs Lora=k laO;ogkj ds vk/kkj ij fd, tk,axsA repayment Transactions, shall be undertaken on
izfrHkwfr gks ;k schedule, an arm’s length basis in the normal
C;kt njsa izpfyr cktkj nj ij vk/kkfjr whether course of business of the Bank.
izfrHkwfr u gks(
gksaxh ;k ckgjh csapekdZ ls tqM+h gksaxhA secured or The interest rates shall be based on
;fn izfrHkwfr gS]
unsecured; prevailing market rate or linked to
rks izfrHkwfr dh pqdkSrh vuqlwph m/kkjdrkZvksa ds lkFk if secured, external benchmark.
izd`frA lger 'krks± ds vuqlkj gksxhA the nature of Repayment Schedule shall be as per
security. the terms agreed with the borrowers.
iv½ ftl mís'; ds tSlk fd _.k lqfo/kkvksa dk ykHk mBkus ds (iv) The purpose As specified at the time of availing the
for which the credit facilities.
fy, vkjihVh ds le; fu£n"V fd;k x;k gSA funds will be
vuqlkj bl rjg utilized by
ds fuf/k ds vafre the ultimate
ykHkkFkhZ }kjk beneficiary
of such funds
fuf/k dk mi;ksx pursuant to the
fd;k tk,xkA RPT.
vkjihVh cSad ds fgr esa cSad ds O;olk; dks vkxs c<+kus ds fy, Justification as to The transactions are proposed to
why the RPT is in be undertaken in furtherance of the
D;ksa gS bldk vkSfpR; ysu&nsu fd, tkus dk izLrko gS vkSj ;g the interest of the business of the Bank and shall be in
fu/kkZfjr ekunaMksa] uhfr;ksa vkSj izfØ;kvksa Bank accordance with laid down norms,
ds vuqlkj gksxk vkSj blfy, cSad ds fgr policies and procedures and therefore,
esa gksxkA in the interest of the Bank.
ewY;kadu ;k vU; ykxw ugha Valuation or other Not applicable

ckgjh i{k dh fjiksVZ external party
report
,d rjQ cSad ds chp izLrkfor ysu&nsu dk ewY; vkSj nwljh rjQ The value of the proposed transactions between the Bank on
one side and each of the aforementioned Related Parties, on the
mijksä lacaf/kr i{kksa esa ls izR;sd dk ewY; `1000 djksM+ ls vf/kd gS other side, is more than `1000 Crore [i.e. above the threshold
^vFkkZr lsch fy¯LVx fofu;eksa ds rgr *eSVsfj;y ls lacaf/kr i{k dh of ‘material related party transactions’ under the SEBI Listing
ysunsu* dh lhek ls Åij ;kfu `1000 djksM+ ;k cSad ds vafre ys[kk Regulations i.e. `1000 Crore or 10% of the Annual Consolidated
Turnover of the Bank as per the last audited financial statements
ijhf{kr foÙkh; fooj.kksa ds vuqlkj cSad ds ok£"kd lesfdr dkjksckj of the Bank, whichever is lower]. The transactions will be
dk 10%] tks Hkh U;wure gks]A ysu&nsu lacaf/kr i{kksa ds lkFk Lora=k executed with the Related Parties on an arm’s length basis and
laO;ogkj ds vk/kkj ij vkSj cSad ds lkekU; dkjksckj esa fu"ikfnr fd, in the ordinary course of business of the Bank.
tk,axsA
None of the Directors, Key Managerial Personnel and their
dksbZ Hkh funs'kd] izeq[k izca/kdh; dk£ed vkSj muds fj'rsnkj]
relatives, other than to the extent of their shareholding/
cSad esa vkSj Åij mfYyf[kr fdlh Hkh laLFkk esa] ;fn dksbZ gks] mudh directorships, if any, in the Bank and in any of the entities
'ks;jèkkfjrk@funsZ'ku] ;fn dksbZ gks] dks NksM+dj] mijksä ladYi esa mentioned above, if any, are concerned/interested in the above
lacaf/kr@#fp j[krs gSaA resolution.
cksMZ dh ys[kkijh{kk lfefr us mijksä eSVsfj;y lacaf/kr i{k dh ysunsu The Audit Committee of the Board has accorded approval for
the aforesaid Material Related Party Transactions.
ds fy, vuqeksnu iznku fd;k gSA
29
cksMZ us ;g Hkh flQkfj'k dh gS fd izLrkfor eSVsfj;y ls lacaf/kr i{k dh ysunsu dks en la[;k 4 esa j[kk x;k gS] 'ks;j/kkjdksa ds le{k mudk vuqeksnu
gsrq ok£"kd vke cSBd esa lk/kkj.k ladYi ds :i esa j[kk tk,A
'ks;j/kkjd dì;k /;ku nsa fd] lsch fy¯LVx fofu;eksa ds izko/kkuksa ds vuqlkj] dksbZ Hkh lacaf/kr i{k gsrq lwpuk ds en la[;k 4 esa lkekU; ladYi dks
vuqeksfnr djus ds fy, ernku ugha djsaxsA
 en la[;k 5%
1 vizSy] 2022 ls izHkkoh lsch fy¯LVx fofu;eksa ds fofu;e 23¼1½ ds izko/kku ds lkFk ifBr fofu;e 2¼1½ ¼tsMlh½ esa la'kks/ku ds vuqlkj] ,d fyLVsM
bdkbZ ;k fdlh ds chp lalk/kuksa] lsokvksa ;k nkf;Roksa ds gLrkarj.k ls tqM+s ysunsu ,d vksj bldh lgk;d daifu;ksa vkSj nwljh vksj lwphc) bdkbZ
;k mldh fdlh lgk;d daiuh dh lacaf/kr i{k dks lacaf/kr i{k dh ysunsu ekuk tkrk gSA blds vykok] lsch fy¯LVx fofu;eksa ds fofu;e 23¼4½
ds vuqlkj] lHkh eSVsfj;y ls lacaf/kr i{k dh ysunsu ds fy, ,d lkekU; ladYi ds ek/;e ls 'ks;j/kkjdksa dh iwoZ Lohd`fr dh vko';drk gksrh gS]
bl rF; ds ckotwn fd os O;kikj igq¡p ds Hkhrj vkSj lkekU; izfØ;k esa gSaA ,d lacaf/kr i{k dh ysunsu dks *eSVsfj;y* ds :i esa ekuk tkrk gS ;fn
ysunsu dks O;fäxr :i ls ntZ fd;k tkrk gS ;k fiNys ysunsu ds lkFk ,d foÙkh; o"kZ ds nkSjku ,d lkFk fy;k tkrk gS] tks fiNys ys[kk ijhf{kr
foÙkh; ds vuqlkj lwphc) bdkbZ ds ok£"kd lesfdr dkjksckj dk ` 1000 djksM+ ;k 10% ls vf/kd gS] lwphc) bdkbZ ds fooj.k] tks Hkh U;wure gksA
mijksä dks /;ku esa j[krs gq,] fuEufyf[kr izLrkfor eSVsfj;y lacaf/kr i{k dh ysunsu ds fy, 'ks;j/kkjdksa dk vuqeksnu ekaxk x;k gS%
fooj.k ysunsu dk fooj.k
vle xzkeh.k cafx;k xzkeh.k fgekpy izns'k nf{k.k fcgkj loZ gfj;k.kk
lacaf/kr i{k dk uke vkSj ef.kiqj xzkeh.k iatkc xzkeh.k cSad izFke ;wih xzkeh.k f=kiqjk xzkeh.k
fodkl cSad fodkl cSad xzkeh.k cSad xzkeh.k cSad xzkeh.k cSad
cSad ds lkFk blds laca/k cSad ¼,lksfl,V½ ¼,lksfl,V½ cSad ¼,lksfl,V½ cSad ¼,lksfl,V½
¼,lksfl,V½ ¼,lksfl,V½ ¼,lksfl,V½ ¼,lksfl,V½ ¼,lksfl,V½
ysu&nsu dk izdkj varj&cSad Hkkxhnkjh izek.ki=k ¼vkbZVhchihlh½ ysunsu
izLrkfor ysunsu dh eSVsfj;y vkbZchihlh ysunsu cSad ds fn'kk&funsZ'kksa ds vuqlkj l{ke izkf/kdkjh }kjk r; dh xbZ dherksa ij fd;k tk,xk vkSj Lora=k laO;ogkj ds vk/kkj ij fd;k tk,xkA
'krs± vkSj fooj.k
lacaf/kr i{k ds ljksdkj ;k foÙkh;
fgr dh izd`fr ¼foÙkh; ;k
vU;Fkk½
izLrkfor ysunsu dk 6000.00 6000.00 2000.00 2000.00 2000.00 10000.00 2000.00 2000.00 2000.00
ewY; ¼` djksM+ esa½
rRdky iwoZorhZ foÙkh; 6.79% 6.79% 2.26% 2.26% 2.26% 11.32% 2.26% 2.26% 2.26%
o"kZ ds fy, cSad ds ok£"kd
lesfdr dkjksckj dk izfr'kr]
izLrkfor ysunsu ds ewY;
¼foRr o"kZ 2022 ds dkjksckj
ds vk/kkj ij½ dk izfrfuf/kRo
djrk gS
cSad ;k mldh lgk;d daiuh }kjk fd, x, ;k fn, x, fdlh Hkh _.k] varj&dkWiksZjsV tek] vfxze ;k fuos'k ls lacaf/kr ysunsu tSls%
i½ dh xbZ foÙkh; _.kxzLrrk bl rjg ds ysunsu djus ds fy, cSad dksbZ fof'k"V foÙkh; _.k ugha ysxkA /ku dk mi;ksx cSa¯dx ds lkekU; dk;Ziz.kkyh ls fd;k tk,xkA
dk fooj.k
ii½ dk;Zdky foÙkh; o"kZ 2022&23 ds nkSjku ysunsu fd, tkus dk izLrko gSA
iii½ izfrKki=k] dk;Zdky] vkbZchihlh ysunsu cSad fn'kkfunsZ'kksa ds vuqlkj l{ke izkf/kdkjh }kjk fu/kkZfjr dherksa ij fd;k tk,xkA bl rjg ds ysunsu Lora=k laO;ogkj ds vk/kkj ij fd, tk,axsA
C;kt nj vkSj vuqlwph lfgr
iquHkqZxrku gsrq ykxw 'krs±] pkgs
izfrHkwfr gksa ;k izfrHkwfr u gksa(
;fn izfrHkwfr gS] rks izfrHkwfr
dh izd`frA
30
The Board has also recommended that the proposed material related party transactions placed at Item No. 4, be placed before the
shareholders as Ordinary Resolution at the AGM for seeking their approval.
The Shareholders may please note that, in terms of provisions of the SEBI Listing Regulations, no related party/ies shall vote to
approve the Ordinary Resolution at Item No. 4 of the Notice.
 Item No. 5:
Pursuant to amendment in Regulation 2(1)(zc) read with the proviso to Regulation 23(1) of the SEBI Listing Regulations, effective
from April 1, 2022, transactions involving transfer of resources, services or obligations between a listed entity or any of its subsidiaries
on one hand and a related party of the listed entity or any of its subsidiaries on the other hand are considered as related party
transactions. Further, in terms of Regulation 23(4) of SEBI Listing Regulations, all material related party transactions require prior
approval of shareholders by way of an ordinary resolution, notwithstanding the fact that the same are at an arm’s length basis
and in the ordinary course of business. A related party transaction is considered as ‘material’ if the transaction to be entered
into individually or taken together with previous transactions during a financial year exceeds `1000 Crore or 10% of the annual
consolidated turnover of the listed entity as per the last audited financial statements of the listed entity, whichever is lower.
In view of the above, approval of the Shareholders is sought for the following proposed Material Related Party Transactions:

Bangiya Himachal Dakshin Sarva
Name of Related Party Assam Gramin Manipur Punjab Prathama UP Tripura
Gramin Pradesh Bihar Haryana
and its relationship Vikash Bank Rural Bank Gramin Bank Gramin Bank Gramin Bank
Vikash Bank Gramin Bank Gramin Bank Gramin Bank
with the Bank (Associate) (Associate) (Associate) (Associate) (Associate)
(Associate) (Associate) (Associate) (Associate)
Type of Transaction Inter-Bank Participation Certificate (IBPC) Transactions
Material terms and IBPC transactions will be undertaken at the prices decided by the Competent Authority as per the Bank guidelines and shall be carried out
particulars of the on an arm’s length basis.
proposed transaction
Nature of concern or Financial
interest of the related
party (financial or
otherwise)
Value of the proposed 6000.00 6000.00 2000.00 2000.00 2000.00 10000.00 2000.00 2000.00 2000.00
transaction (` in Crore)
Percentage of Bank’s 6.79% 6.79% 2.26% 2.26% 2.26% 11.32% 2.26% 2.26% 2.26%
Annual Consolidated
Turnover for the
immediately preceding
financial year,
represented by the
value of the proposed
transaction (Based on
turnover of FY2022)
Transactions relating to any loans, inter-corporate deposits, advances or investments made or given by the Bank or its subsidiary viz.:
(i) Details of Financial The Bank will not incur any specific financial indebtedness in order to undertake such transactions. Funds will be utilized from normal course
Indebtedness incurred of Banking
(ii) Tenure The transactions are proposed to be undertaken during FY 2022-23.
(iii) Applicable terms, IBPC transactions will be carried out at the prices decided by the Competent Authority as per the Bank guidelines. Such transactions shall be
including covenants, undertaken on an arm’s length basis.
tenure, interest
rate and repayment
schedule, whether
secured or unsecured;
if secured, the nature
of security.
31
vle xzkeh.k cafx;k xzkeh.k fgekpy izns'k nf{k.k fcgkj loZ gfj;k.kk
lacaf/kr i{k dk uke vkSj ef.kiqj xzkeh.k iatkc xzkeh.k cSad izFke ;wih xzkeh.k f=kiqjk xzkeh.k
fodkl cSad fodkl cSad xzkeh.k cSad xzkeh.k cSad xzkeh.k cSad
cSad ds lkFk blds laca/k cSad ¼,lksfl,V½ ¼,lksfl,V½ cSad ¼,lksfl,V½ cSad ¼,lksfl,V½
¼,lksfl,V½ ¼,lksfl,V½ ¼,lksfl,V½ ¼,lksfl,V½ ¼,lksfl,V½
iv½ ftl mís'; ds fy, fuf/k dk mi;ksx dsoy ftls l{ke izkf/kdkjh }kjk vuqeksfnr fd;k x;k gS] muds bfPNr mís'; ds fy, fd;k tk;sxkA
vkjihVh ds vuqlkj ,slh
fuf/k;ksa ds vafre ykHkkFkhZ
}kjk fuf/k;ksa dk mi;ksx fd;k
tk,xkA
vkjihVh cSad ds fgr esa D;ksa gS ;s ysunsu izpfyr cktkj njksa vkSj cSad ds uhfr fn'kkfunsZ'kksa ds vuqlkj cSad ds _.k fu.kZ; ds vuqlkj fd, tkrs gSaA cSad vko';d fu;ked vuqikrksa ds j[kj[kko vkSj O;olk; ds
fodkl ds voljksa ds fy, bl rjg ds ysunsu esa lfØ; :i ls layXu gS vkSj blfy, ;g cSad ds fgr esa gSA
bldk vkSfpR;A
ewY;kadu ;k vU; ckgjh i{k ykxw ugha
dh fjiksVZ
,d rjQ cSad ds chp izLrkfor ysunsu dk ewY; vkSj nwljh rjQ mijksä The value of the proposed transactions between the Bank on
lacaf/kr ik£V;ksa esa ls izR;sd dk ewY; `1000 djksM+ ls vf/kd gS [vFkkZr~ one side and each of the aforementioned Related Parties, on the
lsch fy¯LVx fofu;eksa ds rgr *eSVsfj;y ls lacaf/kr i{k dh ysunsu*
of ‘material related party transactions’ under the SEBI Listing
dh lhek ls vf/kd vFkkZr~ `1000 djksM+ ;k cSad ds vafre ys[kk ijhf{kr Regulations i.e. `1000 Crore or 10% of the Annual Consolidated
foÙkh; fooj.kksa ds vuqlkj cSad ds ok£"kd lesfdr dkjksckj dk 10%] Turnover of the Bank as per the last audited financial statements
tks Hkh U;wure gks]A ysu&nsu lacafèkr i{kksa ds lkFk Lora=k laO;ogkj ds of the Bank, whichever is lower]. The transactions will be
vkèkkj ij vkSj cSad ds lkekU; dkjksckj esa fu"ikfnr fd, tk,axsA executed with the Related Parties on an arm’s length basis and
in the ordinary course of business of the Bank.
None of the Directors, Key Managerial Personnel and their

dksbZ Hkh funs'kd] izeq[k izca/kdh; dk£ed vkSj muds lacaf/kr] cSad esa vkSj relatives, other than to the extent of their shareholding/
Åij mfYyf[kr fdlh Hkh laLFkk esa] ;fn dksbZ gks] mudh 'ks;jèkkfjrk@ directorships, if any, in the Bank and in any of the entities
funsZ'ku] ;fn dksbZ gks] dks NksM+dj] mijksä ladYi esa lacaf/kr@#fp mentioned above, if any, are concerned/interested in the above
resolution.
j[krs gSaA
The Audit Committee of the Board has accorded approval for
cksMZ dh ys[kkijh{kk lfefr us mijksä eSVsfj;y laca/kh i{kksa dh ysunsu the aforesaid Material Related Party Transactions.
ds fy, vuqeksnu iznku fd;k gSA
The Board has also recommended that the proposed material
cksMZ us ;g Hkh flQkfj'k dh gS fd izLrkfor eSVsfj;y ls lacaf/kr i{kksa dh related party transactions placed at Item No. 5, be placed
ysunsu dks en la[;k 5 esa j[kk x;k gS] ftls 'ks;j/kkjdksa ds vuqeksnu ds before the shareholders as Ordinary Resolution at the AGM for
fy, ,th,e esa lkekU; ladYi ds :i esa j[kk tkuk pkfg,A seeking their approval.
32
Bangiya Himachal Dakshin Sarva
Name of Related Party Assam Gramin Manipur Punjab Prathama UP Tripura
Gramin Pradesh Bihar Haryana
and its relationship Vikash Bank Rural Bank Gramin Bank Gramin Bank Gramin Bank
Vikash Bank Gramin Bank Gramin Bank Gramin Bank
with the Bank (Associate) (Associate) (Associate) (Associate) (Associate)
(Associate) (Associate) (Associate) (Associate)
(iv) The purpose for The funds will be utilized solely for intended purpose which has been approved by the Competent Authority.
which the funds will be
utilized by the ultimate
beneficiary of such
funds pursuant to the
RPT.
Justification as to These transactions are undertaken as per the credit decision of the Bank according to the prevalent Market rates and Bank’s Policy Guidelines.
why the RPT is in the The Bank actively engages in such transactions for maintenance of required regulatory ratios and for business growth opportunities and is
interest of the Bank. therefore in the interest of the Bank.
Valuation or other Not applicable
external party report
'ks;j/kkjd dì;k /;ku nsa fd] lsch fy¯LVx fofu;eksa ds izko/kkuksa ds The Shareholders may please note that, in terms of provisions
vuqlkj] dksbZ Hkh lacaf/kr i{k gsrq lwpuk ds en la[;k 5 esa lkekU; of the SEBI Listing Regulations, no related party/ies shall vote
ladYi dks vuqeksfnr djus ds fy, ernku ugha djsaxsA
izko/kku ds lkFk ifBr fofu;e 2¼1½¼tsMlh½ esa la'kks/ku ds vuqlkj]
effective from April 1, 2022, transactions involving transfer of
vksj lwphc) bdkbZ ;k mldh fdlh lgk;d daiuh dh lacaf/kr i{k entity or any of its subsidiaries on the other hand are considered
transactions require prior approval of shareholders by way of an
dh ysunsu ds fy, ,d lkekU; ladYi ds ek/;e ls 'ks;j/kkjdksa dh
ordinary resolution, notwithstanding the fact that the same are
iwoZ Lohd`fr dh vko';drk gksrh gS] bl rF; ds ckotwn fd os Lora=kk
laO;ogkj ds vk/kkj ij vkSj O;kikj lkekU; izfØ;k esa gSaA ,d lacafèkr A related party transaction is considered as ‘material’ if the
i{k dh ysunsu dks *eSVsfj;y* ds :i esa ekuk tkrk gS ;fn ysunsu dks transaction to be entered into individually or taken together
O;fäxr :i ls ntZ fd;k tkrk gS ;k fiNys ysunsu ds lkFk ,d foÙkh; with previous transactions during a financial year exceeds
o"kZ ds nkSjku ,d lkFk fy;k tkrk gS] tks fiNys ys[kk ijhf{kr lwphc) `1000 Crore or 10% of the annual consolidated turnover of the
bdkbZ dh foÙkh; lwphc) fooj.kh ds vuqlkj lwphc) bdkbZ ds ok£"kd listed entity as per the last audited financial statements of the
listed entity, whichever is lower.
lesfdr dkjksckj dk #-1000 djksM+ ;k 10% ls vfèkd gS] tks Hkh U;wure
gksA
33
mijksä dks /;ku esa j[krs gq,] fuEufyf[kr izLrkfor eSVsfj;y lacaf/kr ikVhZ ysunsu ds fy, 'ks;j/kkjdksa dk vuqeksnu ekaxk x;k gS%
lacaf/kr i{k dk uke vkSj cSad ds lkFk blds ih,uch fxYV~l fyfeVsM ¼lgk;d½ ih,uch gkm¯lx Qkbusal fyfeVsM
laca/k ¼lgk;d½
ysunsu dk izdkj pkyw [kkrk tekjkf'k
izLrkfor ysunsu dh eSVsfj;y 'krs± vkSj fooj.k cSad ds uhfr fn'kkfunsZ'kksa ds vuq:i fofHkUUk lsokvksa ds fy, cSad xzkgdksa ds pkyw [kkrksa ij lkekU;
cSa¯dx 'kqYd yxkrk gSA orZeku esa] xzkgdksa ds pkyw [kkrs dh 'ks"k jkf'k ij dksbZ C;kt ugha fn;k
tkrk gSA
izLrkfod ysunsu dk ewY; ¼#- djksM+ esa½ ,d ckj pkyw [kkrk [kksyus ds ckn] ;g iwjh rjg ls xzkgd ds foosd ij fuHkZj djrk gS fd og
[kkrs esa fdruh jkf'k Mkyuk pkgrk gSA blfy,] ysunsu dk ewY; fu/kkZfjr ugha fd;k tk ldrk
gSA gkykafd] ysunsu dk ewY; `1000-00 djksM+ ls vf/kd gks ldrk gSA
lacaf/kr ikVhZ ds ljksdkj ;k fgr dh izd`fr foÙkh;

¼foÙkh; ;k vU;Fkk½
rRdky iwoZorhZ foÙkh; o"kZ ds fy, cSad ds ok£"kd ykxw ugha gS] D;ksafd bl le; jkf'k dh x.kuk ugha dh tk ldrh gSA
lesfdr dkjksckj dk izfr'kr] izLrkfor ysunsu
ds ewY; }kjk n'kkZ;k x;k gS ¼31-03-2022 dks
lekIr foÙkh; o"kZ ds fy, cSad dh lesfdr dqy
vk; ds vk/kkj ij½
cSad ;k mldh lgk;d daiuh }kjk fd, x, ;k ykxw ugha

fn, x, fdlh Hkh _.k] varj&dkWiksZjsV tek]
vfxze ;k fuos'k ls lacaf/kr ysunsu ds vU;
fooj.k tSls%
¼i½ fd, x, foÙkh; _.k dk fooj.k
¼ii½ dk;Zdky
¼iii½ izfrKki=k] dk;Zdky] C;kt nj vkSj
vuqlwph lfgr ykxw iquHkqZxrku dh 'krs±]
pkgs izfrHkwfr gks ;k izfrHkwfr u gks( ;fn
izfrHkwfr gS] rks izfrHkwfr dh izd`frA
¼iv½ mís'; ftlds fy, vkjihVh ds vuqlkj
,slh fuf/k;ksa ds vafre ykHkkFkhZ }kjk
fufèk;ksa dk mi;ksx fd;k tk,xkA
vkjihVh cSad ds fgr esa D;ksa gS bldk vkSfpR; nsa vius xzkgdksa ds lkFk cSad ds cSa¯dx O;olk; dks vkxs c<+kus ds fy, ysunsu djus dk izLrko gS]
ftlesa cSad ds lacafèkr i{k 'kkfey gks ldrs gSaA
ewY;kadu ;k vU; ckgjh ikVhZ fjiksVZ ykxw ugha
,d rjQ cSad ds chp izLrkfor ysunsu dk ewY; vkSj nwljh rjQ mijksä lacaf/kr i{kksa esa ls izR;sd dk ewY; `1000 djksM+ ls vf/kd gS [vFkkZr~
lsch fy¯LVx fofu;eksa ds rgr *eSVsfj;y ls lacaf/kr i{k dh ysunsu* dh lhek ls vf/kd vFkkZr~ `1000 djksM+ ;k cSad ds vafre ys[kkijhf{kr foÙkh;
fooj.kksa ds vuqlkj cSad ds ok£"kd lesfdr dkjksckj dk 10%] tks Hkh U;wure gks]A ysu&nsu lacaf/kr i{kksa ds lkFk Lora=k laO;ogkj ds vk/kkj ij vkSj
cSad ds lkekU; dkjksckj esa fu"ikfnr fd, tk,axsA
34
In view of the above, approval of the Shareholders is sought for the following proposed Material Related Party Transactions:

Name of Related Party and its relationship PNB Gilts Ltd. (Subsidiary) PNB Housing Finance Ltd. (Associate)
with the Bank
Type of Transaction Current Account Deposits
Material terms and particulars of the The Bank levies normal banking charges on the current accounts of Customers for
proposed transaction various services in line with the Bank’s Policy Guidelines. Currently, no interest is paid
on current account balance maintained by Customers.
Value of the proposed transaction (` in Once a current account is opened, it is entirely up to the discretion of the customer
Crore) as to how much amount it seeks to place in the account. Hence, the value of the
transaction is not determinable. However, the value of transaction may exceed
`1000.00 crore.
Nature of concern or interest of the Financial

related party (financial or otherwise)
Percentage of Bank’s Annual Consolidated Not applicable, as the amount cannot be calculated at this point of time.
Turnover for the immediately preceding
financial year, represented by the value
of the proposed transaction (Based on
Consolidated Total Income of the Bank for
FY ended 31.03.2022)
Other details of Transaction relating Not Applicable

to any loans, inter-corporate deposits,
advances or investments made or given
by the Bank or its subsidiary viz.:
(i) Details of Financial Indebtedness
incurred
(ii) Tenure
(iii) Applicable terms, including
covenants, tenure, interest rate
and repayment schedule, whether
secured or unsecured; if secured, the
nature of security.
(iv) Purpose for which the funds will be
utilized by the ultimate beneficiary of
such funds pursuant to the RPT.
Justification as to why the RPT is in the The transactions are proposed to be undertaken in furtherance of the banking
interest of the Bank business of the Bank with its customers, which may include Related Parties of the
Bank.
Valuation or other external party report Not applicable
The value of the proposed transactions between the Bank on one side and each of the aforementioned Related Parties, on the other
side, is more than ` 1000 Crore [i.e. above the threshold of ‘material related party transactions’ under the SEBI Listing Regulations
i.e. ` 1000 Crore or 10% of the Annual Consolidated Turnover of the Bank as per the last audited financial statements of the Bank,
whichever is lower]. The transactions will be executed with the Related Parties on an arm’s length basis and in the ordinary course
of business of the Bank.
35
dksbZ Hkh funs'kd] izeq[k izca/kdh; dk£ed vkSj muds lacaf/kr] cSad esa vkSj None of the Directors, Key Managerial Personnel and their
Åij mfYyf[kr fdlh Hkh laLFkk esa] ;fn dksbZ gks] mudh 'ks;jèkkfjrk@ relatives, other than to the extent of their shareholding/
directorships, if any, in the Bank and in any of the entities
funsZ'ku] ;fn dksbZ gks] dks NksM+dj] mijksä ladYi esa lacaf/kr@#fp
mentioned above, if any, are concerned/interested in the above
j[krs gSaA resolution.
cksMZ dh ys[kkijh{kk lfefr us mijksä eSVsfj;y laca/kh i{k dh ysunsu ds The Audit Committee of the Board has accorded approval for
fy, vuqeksnu iznku fd;k gSA the aforesaid Material Related Party Transactions.
cksMZ us ;g Hkh flQkfj'k dh gS fd izLrkfor eSVsfj;y ls lacaf/kr i{k dh The Board has also recommended that the proposed material
ysunsu dks en la[;k 6 esa j[kk x;k gS] ftls 'ks;j/kkjdksa ds vuqeksnu ds
before the shareholders as Ordinary Resolution at the AGM for
fy, ok£"kd vke cSBd esa lkekU; ladYi ds :i esa j[kk tkuk pkfg,A seeking their approval.
'ks;j/kkjd dì;k /;ku nsa fd] lsch fy¯LVx fofu;eksa ds izko/kkuksa ds The Shareholders may please note that, in terms of provisions
vuqlkj] dksbZ Hkh lacaf/kr i{k gsrq lwpuk ds en la[;k 6 ij lkekU; of the SEBI Listing Regulations, no related party/ies shall vote
ladYi dks vuqeksfnr djus ds fy, ernku ugha djsaxsA
izko/kku ds lkFk ifBr fofu;e 2¼1½¼tsMlh½ esa la'kks/ku ds vuqlkj]
effective from April 1, 2022, transactions involving transfer of
vksj lwphc) bdkbZ ;k mldh fdlh lgk;d daiuh dh lacaf/kr i{k entity or any of its subsidiaries on the other hand are considered
dh ysunsu ds fy, ,d lkekU; ladYi ds ek/;e ls 'ks;j/kkjdksa dh transactions require prior approval of shareholders by way of an
iwoZ Lohd`fr dh vko';drk gksrh gS] bl rF; ds ckotwn fd os Lora=k ordinary resolution, notwithstanding the fact that the same are
laO;ogkj ds vk/kkj ij vkSj O;kikj lkekU; izfØ;k esa gSaA ,d lacafèkr
A related party transaction is considered as ‘material’ if the
i{k dh ysunsu dks *eSVsfj;y* ekuk tkrk gS ;fn ysunsu dks O;fäxr transaction to be entered into individually or taken together
:i ls ntZ fd;k tkrk gS ;k fiNys ysunsu ds lkFk ,d foÙkh; o"kZ ds with previous transactions during a financial year exceeds
nkSjku ,d lkFk fy;k tkrk gS] tks lwphc) bdkbZ ds fiNys ys[kkijhf{kr `1000 Crore or 10% of the annual consolidated turnover of the
foÙkh; fooj.kh ds vuqlkj lwphc) bdkbZ ds ok£"kd lesfdr dkjksckj listed entity as per the last audited financial statements of the
dk 1000 djksM+ ;k 10% ls vf/kd gS] tks Hkh U;wure gksA listed entity, whichever is lower.
i{k dh ysunsu ds fy, 'ks;j/kkjdksa dk vuqeksnu ekaxk x;k gS% for the following proposed Material Related Party Transactions:
fooj.k ysunsu dk fooj.k Particulars Details of Transactions
lacaf/kr i{k dk uke Mªd ih,uch ,ojsLV cSad Name of Related Party Druk PNB Bank Everest Bank
vkSj cSad ds lkFk blds cSad fyfeVsM] fyfeVsM and its relationship with Ltd., Ltd.
laca/k ¼varjkZ"Vªh; ¼varjkZ"Vªh; the Bank (International (International
vuq"kaxh½ la;qä m|e½ Subsidiary) Joint Venture)
ysu&nsu dk izdkj uksLVªks [kkrksa esa ysunsu Type of Transaction Transactions in the Nostro
Accounts
izLrkfor ysunsu dh nks cSadksa ds chp xzkgdksa ds fuf/k varj.k Material terms and As per standard terms &
egRoiw.kZ 'krs± vkSj fooj.k dh lqfo/kk ds fy, ekud fu;eksa vkSj particulars of the conditions for facilitating funds
'krks± ds vuqlkjA proposed transaction transfer of customers between
two Banks.
36
izLrkfor ysunsu dk ewY; ysu&nsu dh ek=kk xzkgd dsafnzr gS Value of the proposed The volume of transactions is
¼` djksM+ esa½ blfy, ewY; gkykafd ek=kk fu/kkZfjr transaction (` in Crore) customer centric, therefore value
ugha gS vkSj ewY; o"kZ ds fdlh Hkh le; and volume is not determinable
However the value may exceed
ds nkSjku `1000-00 djksM+ ls vf/kd `1000.00 crore during any point
gks ldrk gSA of time of the year.
lacaf/kr i{k ds ljksdkj ;k foÙkh; Nature of concern or Financial
fgr dh izd`fr ¼foÙkh; ;k interest of the related
vU;Fkk½ party (financial or
otherwise)
rRdky iwoZorhZ foÙkh; o"kZ ds ykxw ugha gS] D;ksafd bl le; jkf'k dh Percentage of Bank’s Not applicable, as the amount
fy, cSad dk ok£"kd lesfdr x.kuk ugha dh tk ldrh gSA Annual Consolidated cannot be calculated at this point
dkjksckj dk izfr'kr] Turnover for the of time.
immediately preceding
izLrkfor ysunsu ds ewY;
financial year,
}kjk n'kkZ;k x;k gSA ¼31-03- represented by the
2022 dks lekIr foÙkh; o"kZ value of the proposed
ds fy, cSad dh lesfdr dqy transaction (Based
vk; ds vk/kkj ij½ on Consolidated Total
Income of the Bank for
FY ended 31.03.2022)
cSad ;k mldh lgk;d ykxw ugha Other details of Not Applicable

daiuh }kjk fn, x, Transaction relating
fdlh Hkh _.k] fd, x, to any loans, inter-
varj&dkWiksZjsV tek] vfxze corporate deposits,
advances or investments
;k fuos'k ls lacaf/kr ysunsu
made or given by the
ds vU; fooj.k tSls% Bank or its subsidiary
¼i½ fd, x, foÙkh; _.k dk viz.:
fooj.k
¼ii½ vof/k (i) Details of Financial
Indebtedness incurred
¼iii½ izlafonk] vof/k] C;kt
nj vkSj iquHkqZxrku vuqlwph (ii) Tenure
lfgr ykxw 'krs±] pkgs izfrHkwr (iii) Applicable terms,
gks ;k vizfrHkwr( ;fn izfrHkwr including covenants,
gS] rks izfrHkwr dk Lo:iA tenure, interest rate and
¼iv½ mís'; ftlds fy, repayment schedule,
vkjihVh ds vuqlkj ,slh whether secured or
fuf/k;ksa ds vafre ykHkkFkhZ unsecured; if secured,
}kjk fuf/k;ksa dk mi;ksx the nature of security.
fd;k tk,xkA (iv) Purpose for which
the funds will be
utilized by the ultimate
beneficiary of such funds
pursuant to the RPT.
37
vkjihVh cSad ds fgr esa D;ksa ;s ysunsu xzkgdksa ds lkFk cSad ds Justification as to why These transactions are proposed
gS bldk vkSfpR; dkjksckj dks vkxs c<+kus ds fy, fd, the RPT is in the interest to be undertaken in furtherance
of the Bank of the business of the Bank with
tkus dk izLrko gS ftlesa cSad ds customers which may include
lacafèkr i{k 'kkfey gks ldrs gSaA Related Parties of the Bank.
ewY;kadu ;k vU; ckgjh i{k ykxw ugha Valuation or other Not applicable
dh fjiksVZ external party report
,d rjQ cSad ds chp izLrkfor ysunsu dk ewY; vkSj nwljh rjQ The value of the proposed transactions between the Bank on
mijksä lacaf/kr ik£V;ksa esa ls izR;sd dk ewY; `1000 djksM+ ls vf/kd gS one side and each of the aforementioned Related Parties, on the
[vFkkZr~ lsch fy¯LVx fofu;eksa ds rgr *lacaf/kr i{k ds ysunsu* dh lhek
of ‘material related party transactions’ under the SEBI Listing
ls Åij vFkkZr~ `1000 djksM+ ;k cSad ds vafre ys[kk ijhf{kr foÙkh; Regulations i.e. `1000 Crore or 10% of the Annual Consolidated
fooj.kksa ds vuqlkj cSad ds ok£"kd lesfdr dkjksckj ¼vFkkZr~ ok£"kd Turnover of the Bank as per the last audited financial statements
lesfdr dqy vk;½ dk 10%] tks Hkh de gks]A ysu&nsu lacaf/kr i{kksa of the Bank, whichever is lower]. The transactions will be
ds lkFk Lora=k laO;ogkj ds vk/kkj ij vkSj cSad ds lkekU; dkjksckj esa executed with the Related Parties on an arm’s length basis and
fu"ikfnr fd, tk,axsA in the ordinary course of business of the Bank.
dksbZ Hkh funs'kd] izeq[k izca/kdh; dk£ed vkSj muds fj'rsnkj] cSad None of the Directors, Key Managerial Personnel and their
esa vkSj mijksDr mYysf[kr fdlh laLFkk esa] ;fn dksbZ gks] esa mudh relatives, other than to the extent of their shareholding/
'ks;jèkkfjrk@funs'kd in dks NksM+dj ;fn dksbZ gks] mijksDr ladYi ls directorships, if any, in the Bank and in any of the entities
mentioned above, if any, are concerned/interested in the above
lacaf/kr ugha gSa@:fp ugha j[krsA
resolution.
cksMZ dh ys[kkijh{kk lfefr us mijksä lacaf/kr i{k ds egÙoiw.kZ ysunsu The Audit Committee of the Board has accorded approval for
ds fy, vuqeksnu iznku fd;k gSA the aforesaid Material Related Party Transactions.
cksMZ us ;g Hkh flQkfj'k dh gS fd izLrkfor lacaf/kr i{k ds egÙoiw.kZ The Board has also recommended that the proposed material
ysunsu dks en la[;k 7 esa j[kk tk,] ftls 'ks;j/kkjdksa ds vuqeksnu ds
before the shareholders as Ordinary Resolution at the AGM for
fy, ok£"kd vke cSBd esa lkekU; ladYi ds :i esa j[kk tk,A seeking their approval.
'ks;j/kkjd dì;k /;ku nsa fd] lsch lwphc)rk fofu;eksa ds izko/kkuksa ds The Shareholders may please note that, in terms of provisions
of the SEBI Listing Regulations, no related party/ies shall vote
vuqlkj] dksbZ Hkh lacaf/kr i{k lwpuk ds en la[;k 7 ij lk/kkj.k ladYi
dks vuqeksfnr djus ds fy, ernku ugha djsaxsA
By order of the Board of Directors

funs'kd eaMy ds vkns'k ls For Punjab National Bank
d`rs iatkc uS'kuy cSad
LFkku% ubZ fnYyh ¼,drk iljhpk½ Place: New Delhi (Ekta Pasricha)
frfFk% 03.06.2022 daiuh lfpo Date: 03.06.2022 Company Secretary
38
vuqyXud Annexure
ykHkka'k ij lzksr ij dj dh dVkSrh ij funsZ'k Instructions on Deduction of Tax at Source on Dividend
vk;dj vf/kfu;e] 1961 ¼vf/kfu;e½ ds vuqlkj] foÙk vf/kfu;e] 2020 As per the Income-tax Act, 1961 (the Act), as amended by the
}kjk la'kksf/kr] 1 vizSy] 2020 ds ckn cSad }kjk Hkqxrku ;k forfjr Finance Act, 2020, dividend paid or distributed by Bank after
April 1, 2020 shall be taxable in the hands of the shareholders.
ykHkka'k 'ks;j/kkjdksa ds fy, dj ;ksX; gksxkA blfy, cSad dks 'ks;jèkkjdksa The Bank shall therefore be required to deduct tax at source
dks mä ykHkka'k dk Hkqxrku djrs le; vf/kfu;e dh èkkjk 194 ;k (TDS) under section 194 of the Act or section 195 of the Act
vfèkfu;e dh /kkjk 195 ds rgr fu/kkZfjr njksa ij lzksr ij dj ¼VhMh,l½ at the prescribed rates at the time of making the payment of
dh dVkSrh djuh gksxhA VhMh,l dh nj 'ks;j/kkjd dh vkoklh; fLFkfr the said dividend to shareholders. The TDS rate would vary
vkSj muds }kjk tek fd, x, vkSj cSad }kjk Lohdkj fd, x, nLrkostksa depending on the residential status of the shareholder and
ds vk/kkj ij fHkUUk gksxhA blds vykok] VhMh,l dh mPp nj ykxw rc the documents submitted by them and accepted by the Bank.
gksxh tc ;fn vf/kfu;e dh /kkjk 206,, ds vuqlkj oS/k LFkk;h [kkrk Further, higher rate of TDS would be applicable if pursuant to
section 206AA of the Act, valid permanent account number
la[;k ¼iSu½ 'ks;j/kkjd }kjk iznku ugha fd;k x;k gS ;k vf/kfu;e dh
(PAN) has not been provided by shareholder or pursuant to
èkkjk 206,ch ds vuqlkj 'ks;j/kkjd ,d fu£n"V O;fä gSA section 206AB of the Act, shareholder being a specified person.
,d fu£n"V O;fä og gS ftlus fiNys ,d o"kZ ls vk;dj fjVuZ nkf[ky A specified person is one who has not complied with filing of
djus dk vuqikyu ugha fd;k gS vkSj fiNys ,d o"kZ esa #i;s 50]000 income tax returns for last one year and is having TDS of ` 50,000
or more in last one year. A non-resident not having permanent
;k vfèkd dk VhMh,l jgk gSA Hkkjr esa LFkk;h LFkkiuk ugha j[kus okys establishment in India is not considered as a specified person.
vfuoklh dks ,d fu£n"V O;fä ds :i esa ugha ekuk tkrk gSA
rnuqlkj] cSad }kjk vafre ykHkka'k dk Hkqxrku lzksr ij dj dh dVkSrh ds Accordingly, the final dividend will be paid by the Bank after
ckn fd;k tk,xk] tSlk fd ;gka Li"V fd;k x;k gSA deducting tax at source, as applicable, as explained herein.
,- fuoklh 'ks;j/kkjd A. Resident Shareholders
1- fuoklh 'ks;j/kkjdksa ds fy,] ykHkka'k dh jkf'k ij 10% VhMh,l 1. For Resident Shareholders, TDS will be applicable at 10% on
ykxw gksxkA ;fn oS/k iSu iznku ugha fd;k x;k gS ;k 'ks;j/kkjd the amount of dividend. In case valid PAN is not provided
or shareholder is a specified person, then the TDS will be
,d fu£n"V O;fä gS] rks VhMh,l ykHkka'k dh jkf'k ij 20% ykxw applicable at 20% of the amount of dividend. Accordingly,
gksxkA rnuqlkj] ftu 'ks;j/kkjdksa us viuk iSu ugha fn;k gS] muls shareholders who have not provided their PAN are
vuqjks/k gS fd os bls cSad ;k mlds jftLVªkj vkSj 'ks;j VªkalQj requested to provide the same to the Bank or its Registrar
,tsaV ¼,lVh,½ vFkkZr chVy Qkbusaf'k;y ,aM daI;wVj l£olst and Share Transfer Agent (STA) viz. Beetal Financial &
¼izkbosV½ fyfeVsM] ¼HkkSfrd :i esa /kkfjr 'ks;jksa ds laca/k esa½ ;k Computer Services (Pvt.) Ltd., (in respect of shares held in
fMikWftVjh Hkkxhnkj ¼bysDVªkWfud :i esa /kkfjr 'ks;jksa ds laca/k esa½ physical form) or to the Depository Participant (in respect
dks rRdky iznku djsaA of shares held in electronic form), immediately.
;fn uhps nh xbZ nks 'krks± esa ls dksbZ ,d iwjh gksrh gS rks ns; ykHkka'k No tax shall be deducted on the dividend payable if either
ij dksbZ dj ugha dkVk tk,xk% of the below two conditions are fulfilled:
 ,d fuoklh O;fäxr 'ks;j/kkjd dks ns; dqy ykHkka'k `5]000  Total dividend payable to a resident individual
izfr o"kZ ls vf/kd ugha gSA shareholder does not exceed ` 5,000 per year.
 'ks;j/kkjd us oS/k iSu ds lkFk fof/kor Hkjk vkSj gLrk{kfjr  The shareholder has provided duly filled and signed
QkWeZ 15G ¼daiuh ;k QeZ ds vykok fdlh Hkh O;fä ds fy, Form 15G (applicable to any Person other than a
company or a Firm)/ Form 15H (applicable to an
ykxw½ @ QkWeZ 15H ¼60 o"kZ ls vf/kd vk;q ds O;fä ds fy, Individual above the age of 60 years) with valid PAN,
ykxw½ iznku fd;k gS vkSj c'krsZ fd og lHkh vko';d ik=krk provided that all the required eligibility conditions are
'krs± iw.kZ djrk gksA met.
2- fuEufyf[kr dj fuoklh 'ks;j/kkjd cSad dh larqf"V ds v/khu 2. The following Tax Resident Shareholders shall be eligible
uhps mfYyf[kr nLrkost cSad dks miyC/k djkus ij VhMh,l dh for Nil/Lower Rate of TDS upon providing the documents
to the Bank mentioned hereunder to the satisfaction of the
'kwU;@de nj ds fy, ik=k gksuk gksxk%
Bank:
39
Ø- VhMh,l dh Sr. Applicable Documents
fooj.k vko';d nLrkost+ Particulars
la- ykxw nj No. Rate of TDS Required
a) Insurance Nil  Declaration that
,½ chek daifu;ka 'kwU;  ?kks"k.kki=k fd ;g
Companies it is an Insurance
vf/kfu;e dh /kkjk Company as
194 ds izko/kku ds specified under
rgr fu£n"V ,d Proviso to section
chek daiuh gS 194 of the Act
 vkbZvkjMh,vkbZ  Self-attested copy

of certificate of
ds lkFk iathdj.k
registration with
ds izek.k i=k dh IRDAI
Lo&lR;kfir izfr
 Self-attested copy
 iSu dkMZ dh of PAN card
Lo&lR;kfir izfr
ch½ ljdkj] Hkkjrh; 'kwU;  ?kks"k.kki=k fd b) Government, Nil  Declaration that
fjtoZ cSad ;g tkjh ifji=kksa Reserve Bank it is covered by
¼vkjchvkbZ½] ds lkFk ifBr of India (RBI), section 196(iii)
Specified of the Act read
dsanzh; vf/kfu;e vfèkfu;e dh èkkjk
Corporations with the Circulars
}kjk ;k mlds 196¼iii½ ds varxZr established issued thereunder.
rgr LFkkfir vkrk gSA by or under  Self-attested
fof'k"V fuxe Central Act
 izklafxd copy of relevant
ftudh vk; dks whose income registration
dj ls NwV gS] vkSj iathdj.k is exempt from
nLrkostksa dh documents
vfèkfu;e dh èkkjk tax, and Mutual
Lo&lR;kfir izfr Funds specified  Self-attested copy
10 ¼23Mh½ ds rgr of PAN card
under section 10
fu£n"V E;wpqvy  iSu dkMZ dh (23D) of the Act
QaM Lo&lR;kfir izfr
lh½ Hkkjrh; izfrHkwfr 'kwU;  ?kks"k.kki=k fd c) Category - I & Nil  Declaration
vkSj fofue; cksMZ bldh vk; II Alternative that its income
vfèkfu;e dh èkkjk Investment is exempt
¼SEBI½ ds lkFk
Funds (AIF) under section
iathd`r Js.kh & 10 ¼23FBA½ ds registered with 10(23FBA) of
I vkSj II oSdfYid rgr NwV izkIr gS the Securities the Act and they
fuos'k dks"k vkSj os Js.kh I ;k and Exchange are governed by
¼,vkbZ,Q½ Js.kh II ,vkbZ,Q Board of India SEBI regulations
ds :i esa lsch (SEBI) as Category I or
ds fu;eksa }kjk Category II AIF
'kkflr gSa  Self-attested
copy of SEBI
 lsch ,vkbZ,Q AIF registration
iathdj.k certificate
izek.k i=k dh  Self-attested copy
Lo&lR;kfir izfr of the PAN card
 iSu dkMZ dh
Lo&lR;kfir izfr
40
Ø- VhMh,l dh Sr. Applicable Documents
fooj.k vko';d nLrkost+ Particulars
la- ykxw nj No. Rate of TDS Required
Mh½ 'ks;j/kkjdksa dks 'kwU;  ?kks"k.kki=k fd d) Shareholders Nil  Declaration that

exempted from it is covered by
vf/kfu;e ;k lhchMhVh ifji=k TDS provisions CBDT circular or
lhchMhVh ifji=k ;k vf/klwpuk ds in terms of Notification
;k vf/klwpuk ds varxZr vkrk gks any provisions  Documentary
fdlh Hkh izkoèkku of the Act or evidence
 vf/kfu;e ;k CBDT Circular or
ds lanHkZ esa supporting
lhchMhVh ifji=k notification
VhMh,l izko/kkuksa the exemption
;k vf/klwpuk ds
ls NwV nh xbZ gS status in terms
fdlh Hkh izkoèkku of any provisions
ds lanHkZ esa NwV of the Act or
dh fLFkfr dk CBDT Circular or
leFkZu djus okys notification
nLrkosth lk{;  Self-attested copy
of PAN card
 iSu dkMZ dh
Lo&lR;kfir izfr
bZ½ lHkh fuoklh vk;dj  vf/kfu;e dh e) All resident Rate  Self-attested copy
'ks;jèkkjd foHkkx }kjk èkkjk 197 ds rgr shareholders specified of certificate
tkjh U;wu izek.k i=k dh in the low under section 197
deduction of the Act
dVkSrh izek.k Lo&lR;kfir izfr certificate
i=k esa fu£n"V issued
nj by the
income tax
department
ch- vfuoklh 'ks;j/kkjd B. Non-Resident Shareholders

1- fons'kh laLFkkxr fuos'kd@fons'kh iksVZQksfy;ks fuos'kd 1. For Non-resident institutional shareholders being Foreign
¼,QvkbZvkbZ vkSj ,QihvkbZ½ gksus ds ukrs vfuoklh laLFkkxr Institutional Investors/ Foreign Portfolio Investor (FII/
FPI), TDS will be applicable under section 196D of the
'ks;jèkkjdksa ds fy,] VhMh,l vf/kfu;e dh /kkjk 196Mh ds rgr
Act, at 20% or as per the rate in any applicable Double
20 izfr'kr ij ;k fuEumYysf[kr nLrkostksa dks tek djus ij Tax Avoidance Agreement (tax treaty) on submission of
fdlh Hkh ykxw nksgjk cpko le>kSrk ¼dj laf/k½ esa fn, x, nj] tks documents mentioned below, whichever is lower, on the
Hkh de gks] ds vuqlkj ykxw gksxkA amount of dividend payable.
2- vU; vfuoklh 'ks;j/kkjdksa ds fy,] VhMh,l vf/kfu;e dh /kkjk 2. For other Non-resident shareholders, TDS will be applicable
195 ds izko/kkuksa ds vuqlkj ykxw njksa ij tks orZeku esa 20% gS ;k in accordance with the provisions of section 195 of the Act,
at the rates in force which is currently 20% or as per the rate
fuEu mfYyf[kr nLrkostksa dks tek djus ij fdlh Hkh ykxw dj
in any applicable tax treaty on submission of documents
laf/k esa fn, nj] tks Hkh de gks] ds vuqlkj ns; ykHkka'k dh jkf'k ij mentioned below, whichever is lower, on the amount of
ykxw gksxkA dividend payable.
3- vfuoklh 'ks;j/kkjd ftuds ikl Hkkjr esa LFkk;h LFkkiuk gS vkSj 3. The non-resident shareholder who has a permanent
,d fu£n"V O;fä gS] mu ij ykxw VhMh,l dh nj ls nksxquk ds establishment in India and is a specified person would be
fy, mÙkjnk;h gksxkA liable for twice the rate of TDS as applicable.
4- ;fn vf/kfu;e dh /kkjk 197@195 ds rgr vfuoklh 'ks;j/kkjdksa 4. If certificate under section 197/195 of the Act is obtained
}kjk djksa dh de@'kwU; ij jksdus ds fy, izek.k i=k izkIr fd;k by non-resident shareholders for lower/Nil withholding
tkrk gS] rks mä izek.k i=k esa fu£n"V nj ij mldh Lo&lR;kfir of taxes, rate specified in the said certificate shall be
considered based on submission of self-attested copy of
izfr izLrqr djus ds vk/kkj ij fopkj fd;k tk,xkA
the same.
41
vf/kfu;e dh /kkjk 90¼2½ ds vuqlkj] vfuoklh 'ks;j/kkjdksa ¼,Mhvkj ds Pursuant to section 90(2) of the Act, non-resident shareholders
fy, fMikWftVjh ds vykok½ ds ikl Hkkjr vkSj muds dj fuokl okys (other than Depository for ADRs) have the option to avail the
benefit of tax treaty between India and the countries of their
ns'kksa ds chp dj laf/k dk ykHk mBkus dk fodYi gS] ftlds fy, ,sls
tax residence for which such non-resident shareholders will
vfuoklh 'ks;j/kkjd dks cSad dh larqf"V ds v/khu fuEufyf[kr nLrkost have to provide the following documents, to the satisfaction of
miyC/k djkus gksaxs% the Bank:
1- Hkkjrh; vk;dj izkf/kdj.k }kjk vkoafVr iSu dh Lo&lR;kfir 1. Self-attested copy of the PAN allotted by the Indian Income
izfr( ;fn iSu vkoafVr ugha fd;k x;k gS] rks dì;k Lo&?kks"k.kk Tax Authorities; If the PAN is not allotted, please submit
izLrqr djsaA self-declaration.
2- VSDl jsflMsalh lfVZfQdsV ¼Vhvkjlh½ foÙk o"kZ 2021&23 ds fy, 2. Self-attested copy of Tax Residency Certificate (TRC) (for FY
2022-23) obtained from the tax authorities of the country
dh izfr ml ns'k ds dj izkf/kdj.k ls izkIr dh tk,xh] ftl ns'k ds
of which the shareholder is resident. In case, the TRC is
'ks;j/kkjd fuoklh gSA ;fn Vhvkjlh vaxzsth ds vykok fdlh vU; furnished in a language other than English, the said TRC
Hkk"kk esa izLrqr fd;k tkrk gS] rks mä Vhvkjlh dk ,slh vU; Hkk"kk would have to be translated from such other language
ls vaxzsth Hkk"kk esa vuqokn djuk gksxk vkSj mlds ckn Vhvkjlh to English language and thereafter duly notarized and
dh fof/kor uksVjhd`r vkSj izekf.kr ¼,iksLVhy½ izfr iznku dh apostilled copy of the TRC would have to be provided.
tk,xhA
3- foÙk o"kZ 2022&23 ds fy, QkWeZ 10,Q esa Lo&?kks"k.kk i=k ;fn bl 3. Self-declaration in Form 10F for FY 2022-23 if all the details
QkWeZ esa vko';d lHkh fooj.k Vhvkjlh esa mfYyf[kr ugha gSaA required in this Form are not mentioned in the TRC.
4- vfuoklh 'ks;j/kkjd }kjk Lo&?kks"k.kk ds :i esa 4. Self-declaration by the non-resident shareholder as to
 'ks;j/kkjd dh dj vkoklh; fLFkfr ds vk/kkj ij dj laf/k  Eligibility to claim tax treaty benefits based on the tax
ykHkksa dk nkok djus dh ik=krk( residential status of the shareholder;
 izklafxd o"kZ ds nkSjku fdlh Hkh le; 'ks;j/kkjd ds ikl  The shareholder did not at any time during the
relevant year have permanent establishment/fixed
ykxw dj laf/k ds vuqlkj Hkkjr esa LFkk;h LFkkiuk@fuf'Pkr
base in India in accordance with the applicable tax
vk/kkj ugha Fkk( treaty;
 'ks;j/kkjd bfDoVh 'ks;jksa ij izkIr gksus okyh ykHkka'k vk; dk  Shareholder being the beneficial owner of the
ykHkdkjh Lokeh gSA dividend income to be received on the equity shares.
dì;k /;ku nsa fd vfuoklh 'ks;j/kkjdksa ds ekeys esa dj laf/k ykHkksa Please note that in case of non-resident shareholders, Self
dk nkok djus ds fy, ;k@vkSj vf/kfu;e dh /kkjk 206AB ds vuqlkj Declaration of No Permanent Establishment and Beneficial
ownership should be on the letterhead of the shareholder
vfèkd VhMh,l ls cpus ds fy, dksbZ LFkk;h LFkkiuk vkSj ykHkdkjh for claiming tax treaty benefits or/and to avoiding higher
LokfeRo dh Lo&?kks"k.kk 'ks;j/kkjd ds ysVjgsM ij gksuh pkfg,A TDS as per section 206AB of the Act.
dì;k /;ku nsa fd cSad vius ,dek=k vkSj iw.kZ foosdkf/kdkj esa fdlh Hkh Please note that the Bank in its sole and absolute discretion
vf/kd tkudkjh ds fy, dkWy djus vkSj@;k VhMh,l ds fy, MksesfLVd reserves the right to call for any further information and/or
dkuwu@dj laf/k ykxw djus dk vf/kdkj lqjf{kr j[krk gSA to apply domestic law/tax treaty for TDS.
lkekU; funsZ'k% General Instructions:

1- mijksä lHkh VhMh,l njksa dks ykxw vf/kHkkj vkSj lsl] tgka Hkh ykxw 1. All the above referred TDS rates shall be duly enhanced by
gks] }kjk fof/kor :i ls c<+sxkA applicable surcharge and cess, wherever applicable.
2- MheSVhfj;ykbTM eksM esa 'ks;j j[kus okys 'ks;j/kkjdksa ls vuqjks/k 2. Shareholders holding shares in dematerialized mode, are
gS fd os vius fMikWftVjh izfrHkkfx;ksa ds lkFk vius fjdkWMZ tSls requested to update their records such as tax residential
dj vkoklh; fLFkfr] iSu] irk] cSad [kkrk fooj.k] bZesy irs status, PAN, address, bank account details, email addresses
and mobile numbers with their depository participants.
vkSj eksckby uacj viMsV djsaA HkkSfrd :i esa 'ks;j j[kus okys
Shareholders holding shares in physical mode are
'ks;jèkkjdksa ls vuqjks/k gS fd os viuk fooj.k cSad ;k cSad ds requested to furnish their details to the Bank or Bank’s STA.
,lVh, dks izLrqr djsaA
Please note that for the purpose of complying with the
42
dì;k /;ku nsa fd ykxw VhMh,l izko/kkuksa dk vuqikyu djus ds mís'; applicable TDS provisions, the Bank will rely on the above-
ls] cSad fMikWftVjh@cSad ds ,lVh, ds ikl miyC/k fooj.k ds vuqlkj mentioned information as on record date i.e. 23rd June,
2022 as per the details available with the Depositories/
fjdkWMZ frfFk vFkkZr 23 twu] 2022 dks mi;qZä tkudkjh ij fuHkZj
Bank’s STA.
djsxkA
3. The Forms/Declarations can be downloaded from the
3- QkWeZ@?kks"k.kki=k osclkbV www.pnbindia.co.in ls MkmuyksM website: www.pnbindia.co.in. In order to enable the Bank
dh tk ldrh gSaA cSad dks mfpr dj nj fu/kkZfjr djus esa l{ke to determine the appropriate tax rate at which tax has to
cukus ds fy,] ftl ij vf/kfu;e ds lacaf/kr izko/kkuksa ds rgr be deducted at source under the respective provisions of
lzksr ij dj dh dVkSrh dh tkuh gS] 'ks;j/kkjdksa ls vuqjks/k gS fd os the Act, Shareholders are requested to provide/submit the
documents as applicable to them on or before 23.06.2022
ykxw gksus okys nLrkost+ fnukad 23-06-2022 ;k mlls igys mDr at [email protected]/[email protected].
osclkbV ij iznku@izLrqr djsaA
4- ykHkka'k dk Hkqxrku lzksr ij dj dh dVkSrh ds ckn fd;k tk,xk tSlk 4. The dividend will be paid after deduction of tax at source
fd mu ij ykxw gks lacaf/kr 'ks;j/kkjdksa }kjk iznku fd, x, nLrkostksa as determined on the basis of the documents provided
by the respective shareholders as applicable to them and
ds vkèkkj ij fu/kkZfjr fd;k tk;sxk vkSj vf/kfu;e ds vuqlkj
being found to be complete and satisfactory in accordance
iw.kZ vkSj larks"ktud ik, tkus ij cSad 'ks;j/kkjd dks VhMh,l with the Act. The Bank shall arrange to dispatch the TDS
izek.ki=k Hkstus dh O;oLFkk djsxkA certificate to the shareholders.
5- mä ykHkka'k ds laca/k esa dj fu/kkZj.k@dVkSrh ij dksbZ lapkj 5. No communication on the tax determination/ deduction
mi;qZä frfFk ds ckn Lohdkj ugha fd;k tk,xkA ;g Hkh /;ku fn;k in respect of the said dividend shall be entertained post
the above mentioned date. It may be further noted that
tk ldrk gS fd ;fn mijksä fooj.k@nLrkostksa dh izkfIr ds vHkko
in case the tax on said dividend is deducted at a higher
esa mä ykHkka'k ij dj dh mPp nj ls dVkSrh dh tkrh gS] rc Hkh rate in absence of receipt of the aforementioned details/
'ks;j/kkjd ds ikl vk; dh fooj.kh nkf[ky djus vkSj mfpr nkok documents, there would still be an option available with
djus dk ,d fodYi miyC/k gksxk] ;fn ik=k gksA blds vykok] the Shareholder to file the return of income and claim an
dì;k /;ku nsa fd ,sls dj dh dVkSrh ds fy, cSad ds fo:) dksbZ appropriate refund, if eligible. Further, it may kindly be
nkok ugha gksxkA noted that no claim shall lie against the Bank for such taxes
deducted.
6- bl laca/k esa lHkh lapkj@iz'u cSad@cSad ds ,lVh, dks hosd@ 6. All communications/queries in this respect should be
pnb.co.in/[email protected] ij Hksts tkus pkfg,A sent to the Bank/Bank’s STA at [email protected]/beetal@
beetalfinancial.com
7- 'ks;j/kkjd¼;ksa½ }kjk iznku dh xbZ@iznku dh tkus okyh tkudkjh 7. In the event of any income tax demand (including
dh fdlh Hkh xyr c;kuh] v'kqf) ;k pwd ls mRiUUk gksus okyh interest, penalty, etc.) arising from any misrepresentation,
inaccuracy or omission of information provided/to be
fdlh Hkh vk;dj ekax ¼C;kt] tqekZuk] vkfn lfgr½ dh fLFkfr esa]
provided by the Shareholder(s), such Shareholder(s) will
,sls 'ks;j/kkjd cSad dks {kfriw£r djus ds fy, ftEesnkj gksaxs vkSj be responsible to indemnify the Bank and also, provide the
lkFk gh] cSad dks lHkh tkudkjh@nLrkost vkSj fdlh Hkh dkjZokbZ Bank with all information/documents and co-operation in
esa lg;ksx iznku djsaxsA any proceedings.
8- bl lapkj dks cSad dh lykg ds :i esa ugha ekuk tk,xkA 8. This communication shall not be treated as an advice from
'ks;jèkkjdksa dks vius dj ekeyksa ls lacaf/kr dj lykg dj is'ksoj the Bank. Shareholders should obtain tax advice related to
their tax matters from a tax professional.
ls izkIr djuh pkfg,A
9- cSad vk;dj vuqikyu lqfuf'pr djus ds fy, vk;dj osclkbV 9. The Bank will be relying on the information verified from
ij miyC/k dk;Z{kerk ;k lqfo/kk ls lR;kfir tkudkjh ij Hkjkslk the functionality or facility available on the Income Tax
website for ascertaining the income tax compliance for
djsxk] ftlds fy, vf/kfu;e dh /kkjk 206AB ds rgr VhMh,l
whom higher rate of TDS shall be applicable under section
dh mPp nj ykxw gksxhA 206AB of the Act.
43
BL
A N
K
44
PA
GE
funs'kdksa dh fjiksVZ
Directors' Report
#
izxfr ,d utj esa @ PROGRESS AT A GLANCE
¼#- djksM+ esa½ ( Rs. Crore)
lekesfyr ih,uch @
Ø-la- LVSaMvyksu ih,uch @ STANDALONE PNB# AMALGAMATED PNB#
S. No
iSjkehVj @PARAMETERS
foÙk o"kZ 18 foÙk o"kZ 19 foÙk o"kZ 20 foÙk o"kZ 21 foÙk o"kZ 22
FY’18 FY’19 FY’20 FY’21 FY’22
1 'ks;j iwath@Share Capital 552 921 1348 2096 2202
2 vkjf{kr fuf/k;k¡@Reserves & Surplus 40522 43866 61010 88842 93285
3 dqy O;olk;@Total Business 1113523 1182224 1220775 1845739 1931322
4 tekjkf'k;ka@Deposits 642226 676030 703846 1106332 1146219
5 ldy vfxze@Gross Advances 471297 506194 516929 739407 785104
6 fuoy vfxze@Net Advances 433735 458249 471828 674230 728186
7 fuos'k@Investment 200306 202128 240466 392983 372168
8 dqy vkfLr;ka@Total Assets 765830 774949 830666 1260633 1314805
9 'kk[kk,a ¼la½@Branches (No.) 6982 6989 7040 10769 10098
10 ,Vh,e usVodZ ¼la[;k½ 9668 9255 9168 13781 13350

ATM Network (No.)
11 dkjksckj izfrfuf/k;ksa ¼la[;k½ 8044 8143 7500 12518 15719
Business Correspondents (No)
12 ifjpkyu ykHk@ Operating Profit 10294 12995 14739 22159 20762
13 dqy izko/kku@Total Provisions 22576 22971 14402 20138 17305
14 fuoy ykHk@Net Profit -12282 -9975 336 2022 3457
15 O;olk; izfr deZpkjh 14.73 16.80 18.21 18.85 19.41

Business per Employee
16 tekjkf'k dh oSf'od ykxr ¼%½ 4.96 5.14 5.16 4.44 3.99
Global Cost of Deposit (%)
17 vfxzeksa ij oSf'od izfrQy ¼%½ 7.49 7.72 7.82 7.53 6.79
Global Yield on Advances (%)
18 fuos'k ij oSf'od izfrQy ¼%½ 7.35 7.41 7.13 6.48 6.29
Global Yield on Investment (%)
19 oSf'od fuoy C;kt ekftZu ¼%½ 2.16 2.41 2.30 2.88 2.71
Global Net Interest Margin (%)
20 vkfLr;ksa ij izfrykHk ¼%½ -1.60 -1.25 0.04 0.15 0.26
Return on Assets (%)
21 bfDoVh ij izfrykHk ¼%½ Negative Negative 0.59 3.88 5.96
Return on Equity (%)
22 vk; vuqikr dh ykxr ¼%½ 56.75 47.03 44.82 47.82 49.38
Cost to Income Ratio (%)
23 ldy ,uih, ¼%½ @Gross NPAs (%) 18.38 15.50 14.21 14.12 11.78
24 fuoy ,uih, ¼%½@Net NPAs (%) 11.24 6.56 5.78 5.73 4.80
25 iwath i;kZIrrk vuqikr ¼%½ 9.20 9.73 14.14 14.32 14.50

Capital Adequacy Ratio (%)
26 fV;j 1 vuqikr ¼%½@Tier 1 Ratio (%) 7.12 7.49 11.90 11.50 11.73
# vkadM+s iwoZ&lekesyu vof/k ds fy, LVSaMvyksu iatkc uS'kuy cSad foÙkh; ifj.kkeksa ls lacaf/kr gSa] blfy, 31 ekpZ] 2022 dks lekIr o"kZ ds fy, lekesyu i'pkr foÙkh;
ifj.kkeksa ds lkFk rqyuh; ugha gSA
# Figures are related to standalone Punjab National Bank Financial results for pre-amalgamation period, hence not comparable with post amalgamation
financial results for the year ended March 31, 2022.
46
izeq[k foÙkh; fLFkfr
lekesfyr KEY FINANCIAL
ih,uch ls lacaf/krPOSITION
ekpZ 21 vkSj ekpZ 22 ds vkadM+s
MARCH 21 AND MARCH 22 KEY FINANCIAL
FIGURES POSITION
PERTA I N T O A M A L G A M A T E D PNB
MARCH 21 AND MARCH 22 FIGURES PERTAIN TO AMALGAMATED PNB
dqy O;olk; ¼#- yk[k djksM+ esa½ ldy vfxze ¼#- yk[k djksM+ esa½
Total Business (Rs. Lakh Crore) Gross Advances ( Rs. Lakh Crore)
18.46 19.31 7.39 7.85
12.21 5.06 5.17

11.82
ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22 ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22

Mar'19 Mar'20 Mar'21 Mar'22 Mar'19 Mar'20 Mar'21 Mar'22
dqy tekjkf'k;k¡ ¼#- yk[k djksM+ esa½ dklk 'ks;j ¼%a½

Total Deposits ( Rs. Lakh Crore) CASA Share (%)
47.43%
11.06 11.46
45.48%
6.76 7.04
44.05%
43.51%

pkyw tekjkf'k;k¡ ¼#- djksM+ esa½ cpr tekjkf'k;k¡ ¼#- djksM+ esa½
Current Deposits ( Rs. Crore) Savings Deposits ( Rs. Crore)
81974
75546 451680
417236
44375 45714 240665 256760

47
th,uih, ¼%½ ,u,uih, ¼%½
GNPA (%) NNPA (%)
6.56%
15.50%
14.21% 14.12% 5.78% 5.73%
11.78% 4.80%

fuoy ykHk ¼#- djksM+ esa½ vkfLr;ksa ij izfrykHk ¼%½

Net Profit (Rs. Crore) Return on Assets (%)
0.26%
3457 0.15%
2022 0.04%
336
ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22
ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22 Mar'19 Mar'20 Mar'21 Mar'22
Mar'19 Mar'20 Mar'21 Mar'22
-9975 -1.25%
iwath i;kZIrrk vuqikr ¼%½ Vh;j 1 ¼%½

Capital Adequacy Ratio (%) Tier 1 (%)
14.14% 14.32% 14.50%
11.90% 11.50% 11.73%
9.73%
7.49%

48
funs'kd fjiksVZ 2021&22 Directors’ Report
foÙkh; o"kZ ¼foÙk o"kZ½ 2021&22 iwjs cSa¯dx {ks=k ds fy, ,d vkSj pqukSrhiw.kZ Financial Year (FY) 2021-22 was yet another challenging year
o"kZ Fkk] ysfdu m|ksx ds f[kykM+h csgrj rS;kjh vkSj vuqdwy O;kolkf;d for the entire banking sector but the industry players could
sail through it successfully owing to better preparedness and
ifjfLFkfr;ksa ds dkj.k bls lQyrkiwoZd ikj dj ldsA o"kZ ds nkSjku conducive business conditions. The economic scenario improved
vk£Fkd ifjn`'; esa lq/kkj gqvk ftlus _.k o`f) ds i;kZIr volj iznku during the year which provided ample opportunities for credit
fd,A ih,uch us vk£Fkd izo`fÙk ds vuq:i foÙk o"kZ 2021&22 ds nkSjku growth. PNB in line with the economic trend continued to
vf/kd ls vf/kd Åapkb;ksa dks izkIr djuk tkjh j[kk vkSj O;kikj o`f) scale greater heights and put up good performance in terms
ds ekeys esa vPNk izn'kZu djuk tkjh j[kkA cSad us _.k iksVZQksfy;ks of business growth during FY 2021-22. The Bank continued to
dks c<+kus ds fy, [kqnjk _.k ij tksj nsuk tkjh j[kk vkSj tu'kfä emphasize on Retail Credit to enhance the credit portfolio and
with the added strength in terms of manpower and branches,
vkSj 'kk[kkvksa ds ekeys esa vfrfjä rkdr ds lkFk] ih,uch us 'kkunkj PNB exhibited the reinforced performance. During the year, the
izn'kZu fd;kA o"kZ ds nkSjku] cSad us ,elhlh vkSj ih,yih dh fjiks²Vx Bank also streamlined the reporting structure of Mid Corporate
lajpuk dks Hkh lqO;ofLFkr fd;k] tcfd Rofjr fu.kZ; ysus esa lgk;rk ds Centres (MCC) and PNB Loan Points (PLPs) while loaning power
fy, 'kfä vkSj vU; fn'kkfunsZ'kksa dks la'kksf/kr fd;k x;k FkkA and other guidelines were revised to support quicker decision
making.
cSad us iwjs o"kZ vkfLr xq.koÙkk ij Hkh /;ku fn;k] ftlds ifj.kkeLo:i The Bank also kept the focus on the asset quality throughout
csgrj olwyh gqbZ] fxjkoV ¼Lyhist½ de gqbZ vkSj ,uih, vuqikr de the year which resulted into improved recoveries, reined
in slippages and lower NPA ratios. In addition to it, the Bank
gqvkA blds vykok] xzkgdksa dks csgrj vkSj Rofjr lsok nsus ds fy, continued to innovate in order to serve the customers better
cSad us uokpkj djuk tkjh j[kkA fMftVyhdj.k ,d ppkZ dk fo"k; and expediently. Digitalization remained a buzzword as Bank
cuk gqvk gS D;ksafd cSad us mRiknksa vkSj lsokvksa dh Ja[kyk esa c<+ksÙkjh added to the kitty of products and services and explored tie-
dh ,oa xzkgdksa dks lqfo/kktud rjhds ls fuckZ/k cSa¯dx iznku djus ups with the fintechs to provide the seamless banking to the
ds fy, fQuVsd ds lkFk xBtksM+ fd;k gSA cSad us m|ksx dh cnyrh customers in the convenient manner. The Bank kept its focus
vko';drvksa ds vuq:i mUgsa dkS'ky iznku djds ekuo lalk/ku fodkl on Human Resource Development by way of up-skilling them in
line with the changing requirements of the industry.
ij viuk /;ku dsfUnzr fd;kA
31 ekpZ] 2022 ds var rd] #- 11]46]218 djksM+ ds ldy oSf'od vfxze As at the end of 31st March, 2022, Bank’s Gross Global Business
rFkk #- 7]85]104 djksM+ ldy oSf'od tek ds lkFk cSad dk ldy stood at Rs. 19,31,322 Crore with Gross Global Advances at
Rs. 7,85,104 Crore and Gross Global Deposit at Rs. 11,46,218
oSf'od O;olk; #- 19]31]322 djksM+ jgkA pkyw rFkk cpr tek jkf'k Crore. Current and Saving Deposits (CASA) was at Rs. 5,33,654
¼dklk½] 47-43 izfr'kr ds ?kjsyw dklk 'ks;j ds lkFk #- 5]33]654 djksM+ Crore with domestic CASA share at 47.43 per cent. In addition,
jgkA blds vfrfjä] foÙkh; o"kZ 2021&22 ds fy, cSad dk ifjpkyu Bank’s Operating Profit was at Rs. 20,762 Crore with the Net
ykHk #- 3]457 djksM+ ds fuoy ykHk ds lkFk #- 20]762 djksM+ FkkA 31 Profit of Rs. 3,457 Crore for the FY 2021-22. As at the end of
ekpZ] 2022 ds var esa] ldy vutZd vkfLr ¼th,uih,½ vuqikr ?kVdj 31st March, 2022, Gross Non-Performing Assets (GNPA) ratio
declined to 11.78 per cent and Net NPA ratio declined to 4.80
11-78 izfr'kr rFkk fuoy ,uih, vuqikr ?kVdj 4-80 izfr'kr jg x;kA
per cent. While Global Net Interest Margin (NIM) was at 2.71
tcfd foÙkh; o"kZ 2021&22 esa oSf'od fuoy C;kt ek£tu ¼,uvkbZ,e½ per cent in FY 2021-22, Capital to Risk Weighted Assets Ratio
2-71 izfr'kr jgk] tksf[ke Hkkfjr vkfLr;ksa dh rqyuk esa iwath vuqikr (CRAR) was comfortable at 14.50 per cent.
14-50 izfr'kr jgkA
foÙkh; o"kZ* 2021&22 ds nkSjku] dbZ izfrf"Br IysVQkeks± ij cSad ds iz;klksa During FY 2021-22, Bank’s efforts and achievements were
vkSj miyfC/k;ksa dh ljkguk dh xbZA ,lkspSe }kjk 8osa ,e,l,ebZ ,Dlhysal recognized on many prestigious platforms. The Bank was
adjudged “Best MSME Bank (PSU) in 8th MSME Excellence
vokMZ esa cSad dks ÞcsLV ,e,l,ebZ cSad ¼ih,l;w½Þ ?kksf"kr fd;k x;k FkkA Awards by ASSOCHAM”. Under EASE, PNB was declared
bZt ¼EASE½ ds rgr] ih,uch dks nks Fkhe&okj iqjLdkjksa esa mifotsrk Runners-up in two theme-wise awards i.e., Governance &
?kksf"kr fd;k x;k Fkk] vFkkZr] xous±l ,aM vkmVde lsafVªd ,pvkj ,aM Outcome centric HR & Institutionalizing Prudent Banking and
baLVhV~;w'kuykb¯tx izwMsaV cSa¯dx vkSj loZJs"B lq/kkj Js.kh esa nwljk mi Second runner-up in the best improvement category i.e., 42%
fotsrk] vFkkZr cslykbu ij 42% lqèkkjA blds vykok] izkS|ksfxdh ds {ks=k esa improvement over baseline. Further, the initiatives taken by
bank in the area of technology was duly appreciated as PNB won
cSad }kjk dh xbZ igyksa dh fofèkor ljkguk dh xbZ D;ksafd ih,uch us ÞcsLV “The Asian Banker Financial Technology Innovation Award 2021
dksj&cSa¯dx VsDuksykWth bEIyhesaVs'kuÞ ds fy, Þ,f'k;u cSadj Qkbusaf'k;y for “Best Core-banking Technology Implementation.”. The Bank
VsDuksykWth bUkksos'ku vokMZ 2021Þ thrkA xzkeh.k fodkl ea=kky; ¼MoRD½ was also (adjudged 2nd Best Bank in SHG Credit Linkage under
}kjk ,uvkj,y,e ;kstuk ds rgr cSad dks ,l,pth ØsfMV ¯ydst NRLM scheme by Ministry of Rural Development (MoRD)). The
esa nwljk loZJs"B cSad Hkh pquk x;kA Ñf"k vkSj fdlku dY;k.k ea=kky; Bank secured 1st position amongst peer banks under Agriculture
Infrastructure Fund (AIF) campaign launched by Ministry of
}kjk 'kq: fd, x, Ñf"k baÝkLVªDpj QaM ¼,vkbZ,Q½ vfHk;ku ds rgr
49
cSad us led{k cSadksa ds chp izFke LFkku gkfly fd;kA ih,uch us foÙkh; Agriculture and Farmers Welfare. PNB also bagged 3rd Position
o"kZ 2020&21 ds fy, ljdkjh ;kstuk ih,ebZthih dks ykxw djus esa vius for its performance in implementing the Government scheme
izn'kZu ds fy, rhljk LFkku gkfly fd;kA cSad us êksLV flXuhfQdsaV PMEGP for the FY 2020-21. The Bank won Dr. Ambedkar Business
Excellence Awards under the Category "Most Significant Lender
ysaMj liks²Vx ,llh ,aVjizsU;ksj* Js.kh ds varxZr MkW- vEcsMdj fctusl Supporting SC Entrepreneurs".
,Dlhysal vokMZ Hkh thrkA
Þbl iwoZihfBdk esa] vkids funs'kdksa dks 31 ekpZ] 2022 ¼foÙk o"kZ “Against this backdrop, your Directors have pleasure in
2021&22½ dks lekIr o"kZ ds fy, vkids cSad dh ok£"kd fjiksVZ presenting the Annual Report of your Bank for the year ended
31st March, 2022 (FY 2021-22) along with its audited Annual
vkSj mlds lkFk&lkFk ys[kkijhf{kr ok£"kd foÙkh; fooj.kksa dks
Financial Statements”.
izLrqr djrs gq, izlUUkrk gks jgh gSAÞ
gekjk izn'kZu OUR PERFORMANCE
,- foÙkh; izn'kZu A. Financial Performance
vkfLr;ka ,oa ns;rk,a Assets and Liabilities

31 ekpZ] 2022 rd cSad dh dqy vkfLr;ka #0 13]14]805 djksM+ FkhA Total Assets of the Bank was at Rs. 13,14,805 Crore as at
tcfd 'kq) vfxze #0 7]28]186 djksM+ ij jgk] fuos'k #0 3]72]168 31st March, 2022. While the Net Advances stood at Rs. 7,28,186
djksM+ ij FkkA Crore, Investment was at Rs. 3,72,168 Crore.
ns;rkvksa ds i{k esa] tek jkf'k #0 11]46]219 djksM+ Fkh] tcfd m/kkj On the Liabilities side, Deposits stood at Rs. 11,46,219 Crore
jkf'k;k¡ 31 ekpZ] 2022 dks #0 45]681 djksM+ #i;s FkhA while the Borrowings was at Rs. 45,681 Crore as on 31st March,
2022.
'kq) C;kt vk; Net Interest Income

foÙk o"kZ 2021&22 ds nkSjku vkids cSad dh 'kq) C;kt vk; #0 28]694 The Net Interest Income of your Bank stood at Rs. 28,694
djksM+ jghA tcfd C;kt vk; #0 74]880 djksM+ Fkh] ogha C;kt O;; Crore during FY 2021-22. While Total Interest Income stood at
46]185 djksM+ #i, FkkA Rs. 74,880 Crore, Interest Expenses was at Rs. 46,185 Crore.
ifjpkyu ykHk Operating Profit

foÙk o"kZ 2021&22 ds nkSjku vkids cSad dk ifjpkyu ykHk #- 20761 Operating Profit of your Bank during the FY 2021-22 stood at
djksM+ jgkA tcfd foÙk o"kZ 2021&22 ds nkSjku tgka dqy vk; #- Rs. 20761 Crore. While the total Income stood at Rs.87,200
Crore during FY 2021-22, total Expenses was Rs.66,438 Crore
87]200 djksM+ Fkh] ogha foÙk o"kZ 2021&22 esa dqy [kpZ #- 66]438 djksM+
in FY 2021-22.
#i;s FkkA
'kq) ykHk Net Profit
cSad us foÙk o"kZ 2021&22 ds #- 3]457 djksM+ dk 'kq) ykHk foÙk o"kZ Bank has earned a Net Profit of Rs.3,457 Crore in FY 2021-22
2020&21 ds #- 2]022 djksM+ ds eqdkcys vftZr fd;k gSA vis-à-vis Rs.2,022 Crore in FY 2020-21.
izko/kku vkSj vkdfLedrk,a Provisions and Contingencies

foÙk o"kZ 2021&22 ds nkSjku ,uih, ds izko/kku #- 14]159 djksM+ ds lkFk Total Provisions (other than tax) made during FY 2021-22 were
fd, x, dqy izko/kku #- 16]445 djksM+ FksA cSad ds VhMCY;wvks lfgr at Rs.16,445 Crore with Provision for NPA at Rs 14,159 Crore.
izko/kku dojst vuqikr ¼ihlhvkj½ 31 ekpZ] 2022 dks 81-60 izfr'kr ij Provision Coverage Ratio (PCR) including TWO of the Bank
Fkk vkSj VhMCY;wvks dks NksM+dj ihlhvkj 62-24 izfr'kr ij FkkA was at a robust 81.60 per cent as at 31st March, 2022 and PCR
excluding TWO was at 62.24 percent.
ch- ifjpkyu laca/kh fo'ks"krk,a B. OPERATIONAL HIGHLIGHTS
foÙk o"kZ 2021&22 ds nkSjku cSad dh dqN ifjpkyu lEcU/kh fo'ks"krk,a Some of the operational highlights of the Bank during FY 2021-
uhps nh tk jgh gS% 22 are listed below:
foÙkh; Financial
● cSad dk oSf'od dkjksckj 31 ekpZ] 2022 esa #- 19]31]322 djksM+ rd ● Bank’s Global Business reached the mark of Rs.19,31,322
igqap x;k] tks lkoZtfud {ks=k ds cSadksa ¼ih,lch½ esa nwljs LFkku ij Crore in 31st March, 2022, which was second highest
FkkA among Public Sector Banks (PSBs).
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● dklk tek #- 5]33]654 djksM+ ij jgk vkSj ?kjsyw tek esa 47-43 ● CASA Deposits at Rs. 5,33,654 Crore also remained
izfr'kr fgLlsnkjh ds lkFk lkoZtfud {ks=k ds cSadksa esa nwljs LFkku second highest amongst PSBs with 47.43 per cent share in
Domestic Deposits.
ij Hkh jgkA
● 31 ekpZ] 2022 rd cpr tek c<+dj #- 4]51]680 djksM+ gks x;kA ● Savings Deposit grew to Rs. 4,51,680 Crore as on
31 ekpZ] 2022 rd [kqnjk lkof/k tek # 5]15]751 djksM+ FkkA 31st March, 2022. Retail Term Deposit was at Rs. 5,15,751
Crore as on 31st March, 2022.
● dksj [kqnjk _.k iksVZQksfy;ksa ds Hkhrj vkokl _.k c<+dj 73]805 ● Within Core Retail Credit Portfolio, Housing Loan increased
to Rs. 73,805 Crore, Car/Vehicle Loan increased to Rs. 12,615
djksM+ #i;s] dkj@okgu _.k c<+dj 12]615 djksM+ #i;s vkSj
Crore and Mortgage Loan was at Rs. 12,232 Crore. MSME
ca/kd _.k 12]232 djksM+ #i;s gks x;kA 31 ekpZ] 2022 rd loan grew to Rs. 1,25,032 Crore as on 31st March, 2022
,e,l,ebZ _.k c<+dj #- 1]25]032 djksM+ gks x;kA
● foÙk o"kZ 2021&22 esa bfDoVh ij izfrykHk esa 5-96 izfr'kr dk lqèkkj ● Return on Equity improved to 5.96 per cent in FY 2021-22
gqvkA blfy, foÙk o"kZ 2020&21 esa 208 chih,l dk lq/kkj fn[k hence showing the improvement of 208 bps over FY 2020-21.
jgk gSA
● funs'kd eaMy us 31 ekpZ] 2022 dks lekIr o"kZ ds fy, visf{kr ● The Board of Directors have recommended a dividend of
Rs. 0.64 per equity share (32%) for the year ended 31st
vuqeksnu ds v/khu 0-64 #i;s izfr bfDoVh 'ks;j ¼32%½ ds ykHkka'k
March, 2022 subject to requisite approvals.
dh flQkfj'k dh gSA
iwath Capital
csgrj ykHkiznrk ds lkFk&lkFk cSad }kjk iwath tqVkus ds dkj.k foÙkh; The capital adequacy of the Bank improved during the financial
year on account of capital raising by the Bank coupled with
o"kZ ds nkSjku cSad dh iwath i;kZIrrk esa lq/kkj gqvkA foÙk o"kZ 2021&22 ds
improved profitability. During FY 2021-22, Bank has raised
nkSjku] cSad us D;wvkbZih ds ek/;e ls 1800 djksM+ #i;s] fV;j& II ckWUM equity of Rs. 1800 Crore through QIP, Rs. 1919 Crore through
ds ek/;e ls 1919 djksM+ #i;s vkSj ,Vh &1 ckWUM ds ek/;e ls 3971 Tier -II Bonds and Rs. 3971 Crore through AT-1 Bonds. The Bank
djksM+ #i;s dh bfDoVh tqVkbZ gSA cSad us de tksf[ke izksQkby ds lkFk continued with its focus on sustainable business growth by
csgrj js¯Vx okys m/kkjdrkZvksa dks yf{kr djds lrr O;kikj fodkl ij targeting better rated borrowers with low risk profile. Going
viuk /;ku dsafær djuk tkjh j[kkA vkxs] cSad vFkZO;oLFkk dh c<+rh _.k forward, the Bank is strategically well placed to meet the
vko';drkvksa dks iwjk djus ds fy, j.kuhfrd :i ls vPNh fLFkfr esa gSA growing credit needs of the economy.
Key Highlights
eq[; fo'ks"krk,a
● 31 ekpZ] 2022 rd cSad dk iwath i;kZIrrk vuqikr 14-50 izfr'kr ● The Capital Adequacy Ratio of the Bank stood at 14.50 per
Fkk] ftlesa fV;j&1 iwath 11-73 izfr'kr vkSj lkekU; bfDoVh cent, as of 31st March, 2022, with Tier-1 capital at 11.73 per
cent and Common Equity Tier-1 (CET-1) at 10.56 per cent.
fV;j&1 ¼lhbZVh&1½ 10-56 izfr'kr FkhA
● The Credit Risk Weighted Assets (RWA) of the Bank were
● ekpZ 2022 esa cSad dh _.k tksf[ke Hkkfjr vkfLr;ksa ¼vkjMCY;w,½ esa optimized to Rs. 4,88,969 Crore in March 2022 on account
csgrj js¯Vx okys [kkrksa vkSj cSad ds iksVZQksfy;ks ds eaFku ij /;ku of focus on better rated accounts and churning of portfolio
dsafær djus ds dkj.k #- 4]88]969 djksM+ dk lq/kkj gks x;k FkkA of the Bank.
Major Initiatives
izeq[k igysa
a) Learning & Development
,½ f'k{kk ,oa fodkl
cSad us ges'kk tu'kfDr dks lcls vkxs j[kk gS vkSj uohu mik;ksa The Bank has always kept up-skilling of manpower in the
forefront and adopted innovative measures. At the same
dks viuk;k gSA blds lkFk gh cSad us ,d csgrj lh[kus ds vuqHko
time, the Bank has also ensured consistent delivery of
dks iznku djuk lqfuf'pr fd;k gSA cSad us vkWu tkWc Vªs¯ux enhanced learning experience. Further, Bank remodeled
¼vkstsVh½ dks fQj ls rS;kj fd;k vkSj izca/ku izf'k{kqvksa ds fy, On Job Trainings (OJT) and introduced workbooks for
vkstsVh ds nkSjku mudh lqfo/kk ds fy, dk;ZiqfLrdk is'k dhA cSad Management Trainees to facilitate them during OJTs. Bank
us vkWuykbu pSuy ds ek/;e ls fMyhojh dks Hkh c<+k;kA also upgraded Delivery through Online Channel.
51
ch½ lekosf'krk dks c<+kok nsuk b) Promoting inclusivity
dk;Z{kerk dks izsfjr djus ds fy, cSad }kjk lsfeukj vk;ksftr Seminars to motivate the workforce were undertaken
fd, x, ftlds rgr cSad esa efgyk vf/kdkfj;ksa ds fy, efgyk by the Bank under which Women’s Conclave for lady
executives in the Bank was organised, where Madam
lEesyu] tgka eSMe v#a/kfr HkV~Vkpk;Z ¼iwoZ v/;{k ,lchvkbZ½ Arundhati Bhattacharya (former chairperson SBI) joined in
eq[; lacks/ku ds fy, 'kkfey gqbZaA bldk mís'; efgyk vfèkdkfj;ksa for keynote address. This was aimed at motivating female
dks dfj;j dh lh<+h ij Åij mBus ds fy, izsfjr djuk FkkA officers to rise up in the career ladder.
lh½ lkaLÑfrd ,dhdj.k c) Cultural integration
lkaLÑfrd ,dhdj.k ds va'k ds :i esa] ih,uch 1-0] bZ&vkschlh As part of the cultural integration, PF numbers of all
vkSj bZ&;w,uvkbZ ds lHkh deZpkfj;ksa ds ih,Q uacjksa dks lqlaxr the employees of PNB 1.0, e-OBC and e-UNI have been
harmonized.
cuk;k gSA
vU; izeq[k igysa Other Key Initiatives
 ih,uch izkbM % fj;y Vkbe ekWfuV¯jx vkSj fjdkWMZ vdkmaV  PNB Pride: For real time monitoring and record account
foftV fooj.k ds fy, eksckby ,fIyds'ku& ih,uch izkbM dks visits details Mobile application-PNB Pride has been
developed for field functionaries. User can enter visit
QhYM inkf/kdkfj;ksa ds fy, fodflr fd;k x;k gSA mi;ksxdrkZ details like name of contact persons, status of the unit,
laidZ fd, x, O;fä;ksa dk uke] laLFkk dh fLFkfr] QksVks viyksM uploading photo, report by the visiting officials, recovery
djus] vkus okys vf/kdkfj;ksa }kjk fy, x, fjiksVZ] olwyh fooj.k] details, promise date etc.
iw.kZ djus dh frfFk vkfn tSls foft+V fooj.k ntZ dj ldrs gSaA
 ,e Vp ,Ii % vfrns; jkf'k dh olwyh ds fy, 'kk[kk vf/kdkfj;ksa  Mtouch app: A Digital Mobile Application PNB Mtouch cum
}kjk fd, x, lHkh QhYM nkSjksa ds fjdkWMZ dks dSIpj djus ds fy, Web Portal has been developed to capture the records of
all field visits made by the Branch Officials for recovery of
,d fMftVy eksckby ,fIyds'ku ih,uch ,eVp lg osc iksVZy
overdue amount.
fodflr fd;k x;k gSA
 ih,uch QkLVSx % ,Iiy vkSj ,aMªkW;M tSls midj.kksa ds  PNB FASTag: An app was launched in November 2021 for
fy, uoacj 2021 esa ,d ,si ykWUp fd;k x;k Fkk] tks eksckby Apple and Android devices to facilitate application for
tags, recharge and viewing transaction history on mobile
midj.kksa ij VSx] fjpktZ vkSj ysunsu dh fgLVªh ns[kus gsrq vkosnu
devices.
dh lqfo/kk iznku djrk gSA
 ohfM;ks dsokbZlh ds lkFk vkWuykbu vkSj rRdky cpr  Opening of Online & Instant Savings Account with Video
[kkrk [kksyuk% cSad us ohfM;ks dsokbZlh ds ek/;e ls rRdky KYC: The Bank launched Instant Customer On-Boarding
Platform through Video KYC to facilitate the customers
xzkgd vkWu&cks²Mx IysVQkWeZ ykWUp fd;k gS rkfd xzkgdksa dks
for opening account with KYC-verification on-line and to
dsokbZlh&lR;kiu ds lkFk vkWuykbu [kkrk [kksyus vkSj VsDuks attract techno-savvy new-age customers.
lSoh u, tekus ds xzkgdksa dks vkd£"kr djus dh lqfo/kk fey ldsA
 ohfM;ks vk/kkfjr xzkgd igpku izfØ;k ¼oh&lhvkbZih½ ds  Submission of life certificate for central/state govt.
ek/;e ls dsaæ@ jkT; ljdkj isa'kuHkksxh ds fy, thou Pensioners through Video Based Customer Identification
Process (V-CIP): To enable the pensioners to submit Life
izek.k i=k tek djuk% isa'kuHkksxh dks mudh lqfo/kk ,oa lqyHkrk
Certificate at their convenience and comfort, the Bank
ds vuqlkj thou izek.k i=k tek djus esa l{ke cukus ds fy,] launched an online web-based platform for Central/State
cSad us dsaæ@ jkT; ljdkj isa'kuHkksfx;ksa ds fy, ohfM;ks vk/kkfjr Govt. Pensioners for submission of Life Certificate online
xzkgd igpku izfØ;k dk iz;ksx djrs gq, 30 fnlEcj] 2021 rd using Video based Customer Identification Process on 30th
thou izek.k i=k vkWuykbu tek djus ds fy, ,d vkWuykbu December 2021.
osc&vkèkkfjr IysVQkWeZ ykWUp fd;k gSA
 dsaæh; :i ls dklk [kkrs [kksyus ds fy, 5 dklk cSd  Setting up 5 CASA Back Offices for opening of CASA
accounts centrally: In order to address KYC compliance
vkWfQl dh LFkkiuk% dsokbZlh vuqikyu dks iwjk djus vkSj csgrj
and to achieve better customer service Bank has setup, 5
xzkgd lsok izkIr djus ds fy, cSad us dsaæh; :i ls dklk [kkrs CASA Back Offices for opening of CASA accounts centrally.
[kksyus ds fy, 5 dklk cSd vkWfQl LFkkfir fd, gSaA bls flracj It was operationalised in September 2021. These CASA
2021 esa pkyw fd;k x;k FkkA ;s dklk cSd vkWfQl dksydkrk] eqacbZ] Back Offices are located at Kolkata, Mumbai, Panchkula,
iapdqyk] Hkqous'oj vkSj Qjhnkckn esa fLFkr gSaA Bhubaneswar and Faridabad.
52
 ih,uch opqZvy MsfcV dkMZ% cSad }kjk opqZvy MsfcV dkMZ ykWUp  PNB Virtual Debit Cards: Virtual Debit cards were launched
fd;k x;k ftlus HkkSfrd MsfcV dkMZ j[kus dh vko';drk dks by the Bank thereby eliminating the need for carrying the
physical Debit cards.
lekIr dj fn;k gSaA
 ih,uch 360 iksVZy% cSad us ih,uch&360 iksVZy ykWUp fd;k gS]  PNB 360 portal: Bank has launched PNB-360 Portal which
tks lHkh cSad deZpkfj;ksa ds fy, muds vkWu&fizekblsl MsLdVkWi is a Dashboard available for All Bank employee at their on-
Premise desktop and at Tab with auto-refresh, one stop
ij vkSj VSc ij vkWVks&fjÝs'k] izca/ku vkSj QhYM vf/kdkfj;ksa ds solution for Management and field functionaries.
fy, ou LVkWi lek/kku ds lkFk miyC/k MS'kcksMZ gSA
 VªsM Qkbusal iksVZy% cSad us VªsM Qkbusal iksVZy dk nwljk pj.k  Trade Finance Portal: The Bank has launched 2nd phase
of Trade Finance Portal to allow import customers to scan
'kq: fd;k gS rkfd vk;kr djus okyk xzkgd cSad dks nLrkost+
and send documents directly to Bank covering Import
LdSu dj ldsa vkSj lh/ks Hkst ldsa ftlesa vk;kr nLrkost+] fons'kh documents, Foreign Letter of Credit and Foreign Letter of
lk[k i=k vkSj xkjaVh ds fons'kh i=k 'kkfey gksaA guarantee.
 ih,uch ou esa ,,lch, lsok% ,,lch, lsok ,ech,l ¼ih,uch  ASBA Service in PNB ONE: ASBA services has been
ou½ esa yk;h xbZ gSA ;g 1 feuV ls Hkh de le; esa dqN gh introduced in MBS (PNB ONE). It is popularly hassle free
fDyd esa vkbZihvks vkosnu ds fy, iwjh rjg ls ijs'kkuh eqä vkSj and user friendly approach for IPO application in few clicks
mi;ksxdrkZ ds vuqdwy gSA vc] ,,lch, lsokvksa dk ykHk 'kk[kkvksa] in less than a minute. Now, ASBA services can be availed
through Branches, Internet Banking, UPI and Mobile
baVjusV cSa¯dx] ;wihvkbZ vkSj eksckby cSa¯dx vFkkZr ih,uch ou ds
Banking i.e., PNB ONE.
ek/;e ls mBk;k tk ldrk gSA
lh- vkfLr xq.koÙkk C. ASSET QUALITY
dksfoM &19 egkekjh dh nwljh vkSj rhljh ygj ds dkj.k vFkZO;oLFkk Despite disruptions in economy due to 2nd and 3rd wave of
esa O;o/kku ds ckotwn] cSad 31 ekpZ] 2022 rd ldy ,uih, dks Covid-19 pandemic, Bank was able to reduce Gross NPA from
the level of Rs. 1,04,423 Crore as on 31st March, 2021 to
31 ekpZ] 2021 ds ` 1]04]423 djksM+ ds Lrj ls ` 92]448 djksM+ rd
Rs. 92,448 Crore as on 31st March, 2022. Focus on asset quality
de djus esa l{ke jgkA vkfLr xq.koÙkk esa lq/kkj] cSad dh loksZPp continues to be one of the top priorities for the Bank. Provision
izkFkfedrkvksa esa ls ,d cuk jgkA VhMCY;wvks lfgr izksfotu dojst Coverage Ratio (PCR) including TWO continued at satisfactory
vuqikr ¼ihlhvkj½ 31 ekpZ] 2022 dks 81-60% ds larks"ktud Lrj ij level of 81.60 per cent as on 31st March 2022.
cuk jgkA
 udn olwyh% foÙk o"kZ 2021&22 ds fy, dqy udn olwyh c<+dj  Cash Recoveries: Total Cash Recovery improved to
`15]788 djksM+ gks xbZ] tks foÙk o"kZ 2020&21 esa `11]442 djksM+ Rs. 15,788 Crore for FY 2021-22 from Rs. 11,442 Crore in
FkhA FY 2020-21.
 mUUk;u% foÙk o"kZ 2021&22 ds fy, mUUk;u c<+dj `5253 djksM+  Upgradation: Upgradation for FY 2021-22 improved to
gks x;k] tks foÙk o"kZ 2020&21 esa `2363 djksM+ FkkA Rs. 5,253 Crore from Rs. 2,363 Crore in FY 2020-21.
 lek/kku ra=k ds ek/;e ls mUUk;u% ,uih, [kkrksa dh iqujZpuk@  Upgradation through Resolution Mechanism: The
Resolution Cell was created to exclusively deal with
lek/kku djus vkSj jk"Vªh; daiuh fof/k fVªC;wuy ¼,ulh,yVh½
Restructuring/Resolution of NPA accounts and recovery in
ekeyksa esa olwyh ds fy, fo'ks"k :i ls lek/kku d{k cuk;k x;kA National Company Law Tribunal (NCLT) cases. The details
bl {ks=k ds laca/k esa fooj.k fuEukuqlkj gSa% regarding the same is as under:
iqu% lapfjr [kkrs Restructured Accounts
¼jkf'k ` djksM+ esa½ (Amount Rs. in Crore)
dqy LohÑfr Total Sanctioned
[kkrksa dh la[;k jkf'k No. of A/c’s Amount

FY 2021-22 06 347
foÙk o"kZ 2021&22 06 347
blds vykok] ,ulh,yVh esa vkbZchlh ds rgr ,uih, [kkrksa esa 2703 Further, a sum of Rs. 2,703 crore was recovered in NPA accounts
under IBC in NCLT.
djksM+ #i;s dh jkf'k olwy dh xbZ FkhA
 esxk bZ&uhykeh% foÙkh; o"kZ 21&22 ds nkSjku 23771 laifr;k¡  Mega E-auctions: During FY 2021-22, 23,771 properties
bZ&fcØ; iksVZy ij viyksM dh xbZ Fkh ftlesa ls 1319 vpy were uploaded on e-Bikray portal. Out of which 1,319
53
laifÙk ¼vkbZih½ 5-54 izfr'kr ds vPNs nj ij lQyrkiwoZd uhyke Immovable Properties (IPs) were auctioned successfully
dh xbZA with success rate of 5.54 per cent.
 vkfLr iqu£uekZ.k daiuh ¼,vkjlh½ dks vkfLr;ksa dh fcØh%  Sale of Assets to Asset Reconstruction Company
ifjlaifÙk iqu£uekZ.k ds fy, izfrHkwfrdj.k@iqu£uekZ.k daiuh (ARC): Details of financial assets sold to Securitization/
¼,llh@vkjlh½ dks csph xbZ foÙkh; ifjlaifÙk;ksa dk fooj.k Reconstruction Company (SC/RC) for Asset Reconstruction
fuEukuqlkj gS% is as under:
¼jkf'k ` djksM+ esa½ (Amount Rs. in Crore)
ensa foÙkh; o"kZ 2021&22 Items FY 2021-22
i. ,vkjlh dks csps x, [kkrksa dh la[;k 4 i. No. of Accounts sold to ARCs 4
ii. ii. Book Outstanding of Accounts Sold 2421
csps x, [kkrksa dh cdk;k cgh 2421
iii. Aggregate consideration received 1058
iii. dqy izkIr izfrQy ¼100 izfr'kr udn½ 1058 (100 per cent cash)
 foÙkh; o"kZ 2021&22 ds nkSjku vkfLr xq.koÙkk esa lq/kkj ds fy, dh  Initiatives taken to Improve Asset Quality during FY
xbZ igysa 2021-22
 QhYM inkf/kdkfj;ksa ds olwyh iz;klksa dk leFkZu djus  In order to support recovery efforts of field
ds fy,] o"kZ ds nkSjku ,d lkekU; olwyh iksVZy vFkkZr functionaries, a common recovery portal i.e.
lók iksVZy 'kq: fd;k x;k gSA iksVZy esa ,dckjxh fuiVku SASTRA Portal was rolled out during the year. The
¼vksVh,l½] foÙkh; vkfLr;ksa dk izfrHkwfrdj.k vkSj iquxZBu portal is having 5 different modules like One Time
Settlement (OTS), Securitization and Reconstruction
rFkk izfrHkwfr fgr dk izorZu vf/kfu;e ¼ljQslh½] _.k
of Financial Assets and Enforcement of Security
olwyh U;k;kf/kdj.k ¼MhvkjVh½] jk"Vªh; daiuh dkuwu Interest (SARFAESI), Debts Recovery Tribunals (DRT),
U;k;kf/kdj.k ¼,ulh,yVh½ rFkk bjknru pwddrkZ tSls National Company Law Tribunal (NCLT) & Wilful
5 vyx&vyx ekWM~¸kwy gSaA bl lkekU; olwyh iksVZy ds Default. Through this common recovery portal,
ek/;e ls] m/kkjdrkZ dh izeq[k olwyh dk;ks± dh fLFkfr status of major recovery actions of a Borrower can
dk irk ,d gh LFkku ij yxk;k tk ldrk gSA vksVh,l be ascertained at a single place. OTS Module provides
ekWM~¸kwy fuiVku izLrkoksa ds vkWuykbu izlaLdj.k ds fy, an automated platform for online processing of
,d Lopkfyr eap iznku djrk gSA settlement proposals.
 izHkkoh fuxjkuh ds fy,] LVSaMvyksu MhvkjVh vkSj ljQslh  For effective monitoring, standalone DRT and
iksVZyksa dks ló iksVZy esa vyx ekWM~¸kwy ds :i esa iqu% SARFAESI Portals have been re-configured as separate
modules in the SASTRA Portal.
dkWfUQ+xj fd;k x;k gSA
 lHkh ,ulh,yVh ekeyksa dh fuxjkuh ,ulh,yVh ekWM~¸kwy  All the NCLT cases are being monitored through NCLT
ds ek/;e ls dh tk jgh gS tks izR;sd ekeys dh uohure Module which captures the latest status of each case.
fLFkfr dks dSIpj djrk gSA cSad ds bjknru pwddrkZ Wilful defaulter database of the Bank has been loaded
MsVkcsl dks ,d vyx ekWM~¸kwy ds ek/;e ls yksM fd;k through a separate module.
x;k gSA
 blds vykok] ,uih, [kkrksa dh izHkkoh fuxjkuh vkSj  Further, for effective monitoring and follow-up of NPA
vuqorhZ dkjZokbZ ds fy,] lHkh lók dsaæksa vkSj 'kk[kkvksa esa Accounts, PNB Pride App was also rolled out in all
ih,uch izkbM ,si Hkh 'kq: dh xbZ FkhA ;g ft;ks ds VS¯xx the SASTRA Centres and Branches. This Geo Tagging
l{ke ,si Q+hYM inkf/kdkfj;ksa ds nkSjk fooj.k dks fjdkWMZ enabled App records field functionaries visit details
vkSj nkSjk vf/kdkfj;ksa ds nkSjs ds LFkku dks dSIpj djus esa and captures visit location.
lgk;rk djrk gSA
 blds vykok] cSad ds olwyh vkSj eqdnesckth dk;ks± ds  Further, Bank has initiated steps for development
of a new comprehensive. Application Software for
fMftVyhdj.k vkSj Lopkyu ds fy, ,d u;k O;kid Digitalization & Automation of Bank’s Recovery &
,fIyds'ku lkW¶Vos;j fodflr fd;k tk jgk gS tks ,uih, Litigation functions is being developed which will
[kkrksa esa lHkh izeq[k olwyh dk;ks± dh ,aM&Vw&,aM izksls¯lx provide End-to-end processing of all major recovery
iznku djsxkA actions in NPA Accounts.
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 ,uih, [kkrksa dh olwyh ds fy, fo'ks"k o£Vdy& laxBukRed  Exclusive Vertical for recovery of NPA Accounts: As part of
iquxZBu ds va'k ds :i esa] fo'ks"k vkSj dsafær olwyh dk;ks± ds fy, the Organizational restructuring, a separate vertical called
SASTRA Vertical has been created for exclusive & focused
lók o£Vdy uked ,d vyx o£Vdy cuk;k x;k gSA o£Vdy
recovery operations. The vertical operates with officers
QhYM esa fofHkUUk Lrjksa ij rSukr vf/kdkfj;ksa ds lkFk dke djrk gS posted at different levels in the field who are exclusively
tks fo'ks"k :i ls olwyh ds fy, dk;Z dj jgs gSaA working for recovery.
 fo'ks"k vksVh,l ;kstuk& o"kZ ds nkSjku cSad us `5-00 djksM+  Special OTS Scheme: During the year, Bank has put more
rd ds cdk;k [kkrksa ij vf/kd /;ku dsafær fd;k gS tks ,uih, focus on accounts with outstanding up to Rs. 5.00 Crore
iksVZQksfy;ks ds lcls cM+s fgLls dk fuekZ.k djrk gSA vf/kd olwyh which constitutes the largest segment of the NPA Portfolio.
ds fy,] cSad us bl fgLls ds fy, ,d fo'ks"k vksVh,l ;kstuk For more recovery, the Bank has launched special OTS
Scheme for this segment. The scheme is of Check box
'kq: dh gSA ;g ;kstuk psd ckWDl ekWMy & xSj foHksndkjh ,oa
model–non-discriminatory and non-discretionary. More
xSj&foosdkf/kdkj dh gSA bl fgLls esa Rofjr vkSj ikjn'khZ ,deq'r powers have been delegated at the field level for speedy
fuiVku ds fy, QhYM Lrj ij vf/kd 'kfä;ka izR;k;ksftr dh xbZ & transparent one-time settlement in this segment.
gSaA foÙkh; o"kZ 22 ds nkSjku] bl ;kstuk ds rgr `3016 djksM+ ds During FY 2021-22, 1,64,969 NPA accounts with
cdk;k okys 164969 ,uih, [kkrksa ds lek/kku fd, x, FksA Ñf"k outstanding of Rs. 3,016 Crore were resolved under the
vkSj eqæk ,uih, [kkrksa ds rgr [kkrksa dks gy djus ds fy, mi;qä said scheme. Suitable amendments were done to resolve
la'kks/ku fd, x, FksA accounts under Agriculture and MUDRA NPA Accounts.
Mh- lwpuk izkS|ksfxdh ¼vkbZVh½ vkSj fMftVyhdj.k D. INFORMATION TECHNOLOGY (IT) AND
DIGITALIZATION
izkS|ksfxdh cSa¯dx {ks=k dks vkxs c<+k jgh gS vkSj cSa¯dx ifjn`'; ij fQuVsd Technology continues to drive the Banking sector and with the
ds vkxeu ds lkFk] izfrLi/khZ cus jgus vkSj fodflr gksus ds fy, izHkkoh advent of Fintech on the banking landscape, it has become all
<ax ls cSad ds fnu&izfrfnu ds dk;ks± esa izkS|ksfxdh dks viukuk vkSj mls the more critical to adopt and imbibe technology in the Bank’s
vkRelkr djuk vkSj Hkh egRoiw.kZ gks x;k gSA bl laca/k esa] cSad us foÙkh; day to day operations effectively to remain competitive and
o"kZ 22 ds nkSjku fofHkUUk igy dh] tks fuEukuqlkj gSa% grow. In this regards, the Bank, during FY' 2021-22, took up
various initiatives which are enumerated as under:
 vkbZch,l@,ech,l esa Hkkjr fcy Hkqxrku iz.kkyh  Implementation of Bharat Bill Payment System (BBPS) in
¼chchih,l½ dk dk;kZUo;u& ih,uchou esa chchih,l fodYi IBS/MBS- Through BBPS option in PNBOne, now customer
can make payments towards variety of utility service
ds ek/;e ls] vc xzkgd fofHkUUk Jsf.k;ksa tSls eksckby] ySaMykbu]
providers/billers under different categories like – Mobile,
MhVh,p] fctyh] xSl] f'k{kk 'kqYd vkfn ds rgr fofHkUUk mi;ksfxrk Landline, DTH, electricity, gas, education fees etc. In
lsok iznkrkvksa @ fcylZ ds fy, Hkqxrku dj ldrs gSaA fcy Hkqxrku addition to Bill Payment, there are several other options
ds vykok] dbZ vU; fodYi Hkh gSa tSls% such as:
● vius fiNys 10 fcy Hkqxrku dks nksgjk,aA ● Repeat your last 10 bill payment.
● LFkk;h funsZ'k ds fy, ukekadu djsa ● Enroll for Standing Instruction
● Enable Notification button to receive monthly/
● fcy Hkqxrku dh ekfld@=kSekfld ;k ok£"kd vf/klwpuk
quarterly or yearly notification of bill payment to
izkIr djus ds fy, vf/klwpuk cVu l{ke djsa rkfd bls never miss it
dHkh u pwdsa
 vkbZch,l esa ldkjkRed Hkqxrku% ,d bysDVªkWfud  Positive Pay in IBS: An electronic authentication system
izek.khdj.k iz.kkyh xzkgdksa dks cSad }kjk bls lalkf/kr djus ls will allow customers to share the cheque details with bank
igys cSad ds lkFk psd fooj.k lkÖkk djus dh vuqefr nsxhA before the bank processes it. With Positive Pay System
ldkjkRed Hkqxrku iz.kkyh ds lkFk izR;sd [kkrk/kkjd vc every account holder now can enter details of cheque
(date, amount etc.) issued by him through PNB ONE for
f}rh;d izek.khdj.k ds fy, ih,uch ou ds ek/;e ls mlds
secondary authentication.
}kjk tkjh fd, x, psd ¼rkjh[k] jkf'k vkfn½ dk fooj.k ntZ dj
ldrk gSA
 fcuk MsfcV dkMZ ds ,uvkjvkbZ ds vkbZch,l ikloMZ dk  Online reset of IBS Password of NRI without Debit card:
Internet Banking users having active debit card can online
vkWuykbu jhlsV % lfØ; MsfcV dkMZ okys baVjusV cSa¯dx
reset the password(s).
mi;ksxdrkZ ikloMZ dks vkWuykbu jhlsV dj ldrs gSaA
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 ih,uch ou ds ek/;e ls MheSV [kkrk [kksyuk% bl fo'ks"krk  Opening of Demat A/c via PNB ONE: Through this feature,
ds ek/;e ls xzkgd ls tqM+h vko';d tkudkjh lcfeV djds rqjar Demat Account can be opened instantly by submitting the
MheSV [kkrk [kksyk tk ldrk gSA required customer related information.
 xzkgd ds irs ij MsfcV dkMZ dh lqiqnZxh% 'kk[kkvksa esa xzkgdksa  Delivery of Debit card at customer address: In order
dh HkhM+ de djus vkSj xzkgdksa dks muds iathÑr irs ¼lapkj@ to reduce the footfall in branches and to facilitate the
LFkk;h½ ij MsfcV dkMZ dh fMyhojh izkIr djus dh lqfo/kk ds fy,] customers to get the Debit Card delivery at their registered
address, customers have been facilitated to activate the
xzkgdksa dks 'kk[kk esa tk, fcuk MsfcV dkMZ fiu lsV djds muds
Debit Card delivered at their registered address through
iathÑr irs ij fMyhoj fd, x, MsfcV dkMZ dks lfØ; djus dh setting Debit Card PIN without the need to visit the branch.
lqfo/kk iznku dh xbZ gSA fiu lsV ds lQy ysunsu ds ckn vU; All other transactions shall be allowed after successful PIN
lHkh ysunsu dh vuqefr nh tk,xhA set transaction.
 n`f"Vckf/kr yksxksa ds fy, baVjusV cSa¯dx lsok ¼vkbZch,l½  Internet Banking Services (IBS) facility for visually
lqfo/kk% baVjusV cSa¯dx ¼[kqnjk½ Hkh n`f"Vckf/kr xzkgdksa dks bldk impaired: The visually impaired customers by using screen
mi;ksx djus esa lqfo/kk iznku djrk gSA n`f"Vckf/kr xzkgd LØhu reading software like JAWS (Job Access With Speech)
which facilitates Text to Speech, can avail internet banking
jh¯Mx lkW¶Vos;j tSls JAWS ¼tkWc ,Dlsl fon Lihp½ dk mi;ksx services.
djds] tks VsDLV Vw Lihp dh lqfo/kk iznku djrk gS] baVjusV cSa¯dx
lsokvksa dk ykHk mBk ldrs gSaA
 ih,uch ou esa okW;l vflLVsaV% ih,uchou ds ek/;e ls vkokt+  Voice assistant in PNB ONE: Voice Assist enabled through
lgk;d ¼okW;l vflLV½ l{ke fd;k x;k gS vkSj ;g fuEufyf[kr PNB One provides a voice driven feature for the following
dk;kZRedrkvksa ds fy, vkokt+ ¼okW;l½ lapkfyr lqfo/kk iznku functionalities:
djrk gS%
• Mini Statement
• feuh LVsVesaV
• Last transaction inquiry
• vafre ysunsu iwNrkN
• cdk;k jkf'k dh iwNrkN • Balance Inquiry
• psd cqd vuqjks/k • Cheque book request
• vkbZohvkj ds ek/;e ls MsfcV dkMZ tkjh djuk • Debit card issuance through IVR
 ¯lxkiqj esa #is dkMZ dh LohÑfr% ¯lxkiqj esa lHkh usVodZ QkWj  Acceptance of RuPay card in Singapore: Domestic RuPay
bysDVªkWfud VªkalQj ¼,ubZVh,l½ l{ke ihvks,l V£euyksa ds fy, Debit Cards accepted at all Network for Electronic
Transfers (NETS) enabled POS terminals in Singapore.
?kjsyw #is MsfcV dkMZ Lohdkj fd, tkrs gSaA
 ih,uch ou ds ek/;e ls opqZvy MsfcV dkMZ% cSad us opqZvy  Virtual Debit card through PNB ONE: Bank has launched
Virtual Debit Card which can be used for e-Comm
MsfcV dkMZ ykWUp fd;k gS ftldk mi;ksx lHkh eps±V lkbVksa ij
transactions at all merchant sites through Second factor
lsdsaM QSDVj vkWFksafVds'ku ¼vksVhih½ ds ek/;e ls bZ&dkWe ysunsu authentication (OTP).
ds fy, fd;k tk ldrk gSA
 MsfcV dkMZ ij bZ&esuMsV% #is MsfcV dkMZ ij vkorhZ Hkqxrku ds  E-Mandate on Debit cards: Bank has tied up with NPCI
to provide e-mandate facility for Recurring payments on
fy, bZ& esuMsV lqfo/kk iznku djus ds fy, cSad us ,uihlhvkbZ ds
RuPay Debit Cards.
lkFk leÖkkSrk fd;k gSA
 ih,uch O;fäxr lykgdkj ¼ih,½% cSad }kjk iznku fd, tkus  PNB Personal Advisor (PA): In order to provide ease of
okys fofHkUUk ,fIyds'ku vkSj lsokvksa dks xzkgd vkSj xSj&xzkgdksa rd access to the customer and non-customers for various
applications and services offered by the Bank, an umbrella
lqyHkrk ls miyC/k djkus ds fy,] ih,uch O;fäxr lykgdkj
application namely PNB Personal Advisor (PNB PA) was
¼ih,uch ih,½ uked ,d vEczsyk ,fIyds'ku ykWUp fd;k x;kA launched. Phase-I made LIVE by 1st November 2021 and
pj.k&I dks 1 uoacj] 2021 rd ykbo dj fn;k x;k vkSj bls 18000 has been downloaded by more than 18,000 users.
ls vf/kd mi;ksxdrkZvksa }kjk MkmuyksM fd;k x;kA
 [kqnjk vkSj dkWiksZjsV esa ykWfxu ds fy, dSIpk% [kqnjk vkSj  Captcha for login into Retail & Corporate: In order to
dkWiksZjsV baVjusV cSa¯dx esa lqj{kk c<+kus ds fy, cSad ykWfxu ds enhance security in Retail and Corporate Internet Banking
le; etcwr dSIpk is'k djrk gSA Bank introduced strong CAPTCHA at the time of login.
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 ,ech,l vkSj vkbZch,l esa bZ,Qvkj,e dk dk;kZUo;u%  Implementation of e-FRM in MBS & IBS: In order to check
èkks[kk/kM+h ysunsu dks jksdus ds fy, eksckby cSa¯dx vkSj baVjusV fraudulent transactions, the e-FRM has been implemented
cSa¯dx lek/kku esa bZ&,Qvkj,e ykxw fd;k x;k gSA in Mobile Banking and Internet Banking Solution.
 fof'k"V Js.kh dh ;wihvkbZ o`f)% fuEufyf[kr O;olk; ds rgr  Specific category UPI enhancement: Transaction value
vgZrk izkIr djus okys ;wt+ dsll ds fy, ;wihvkbZ esa ysunsu ewY; limit in UPI has been enhanced from Rs. 2 Lakh to Rs. 5
lhek dks `2 yk[k ls c<+kdj ` 5 yk[k dj fn;k x;k gSA Lakh for use-cases qualifying under the following business:
• Js.kh igpkudrkZ • Category Identifier

• vkjafHkd lkoZtfud is'kd'k ¼vkbZihvks½ iz;kstu dksM 01 • Initial Public Offering (IPO) Purpose Code 01 MCC-
,elhlh& 6211 6211
• vkjchvkbZ fjVsy izR;{k ;kstuk ds ek/;e ls th lsd • G Sec through RBI Retail Direct Scheme
• ¼vkjMh,l½ iz;kstu dksM 25 ,elhlh& 6211 • (RDS) Purpose Code 25 MCC- 6211
 bZ&esy ij ysunsu vyVZ% xzkgdksa dks vc bZ&esy ij ysunsu  Transaction Alerts on E-mail: The customers have now
vyVZ izkIr djus dk fodYi fn;k x;k gSA been given option to get the transaction alerts on e-Mail.
 fle ckba¯Mx% lqj{kk lqfo/kk dks c<+kus ds fy, ih,uch ou ,si esa  SIM Binding: To enhance the security feature, SIM Binding
fle ckba¯Mx ykxw dh xbZ gSA fle ckba¯Mx Qhpj ds lkFk] ih,uch is implemented in PNB ONE App. With the SIM binding
ou dsoy mlh fMokbl ij lfØ; gksxk ftlesa iathÑr eksckby feature, PNB ONE will be activated only on the device which
uacj ¼vkj,e,u½ dk fle dkMZ gksxkA have the SIM Card of Registered Mobile Number (RMN).
vU; igy Other initiatives

,½ #- 35 yk[k rd ds lkW¶Vos;j lkWY;w'kal ds fodkl@vuqdwyu@ a) Empanelment of vendors for Development/Customization/
j[kj[kko@ijh{k.k@leFkZu ds fy, foØsrkvksa dk iSuy cukukA Maintenance/ Testing/Support of software solutions upto
Rs. 35 Lakh. Development of four products/ solutions (PNB
pkj mRiknksa@lek/kkuksa ¼ih,uch ih,] ,yvkbZlh tsusfjd ekWM~¸kwy]
PA, LIC Generic Module, C-KYC, PFMS) are done using said
lhdsokbZlh] ih,Q,e,l½ dk fodkl mä iSuy esa 'kkfey empanelled vendors.
foØsrkvksa dk mi;ksx djds fd;k tkrk gSA
ch½ ohfM;ks dsokbZlh ds lkFk vkWuykbu cpr [kkrk] cks²Mx ij nwjLFk b) Online savings Account with Video KYC In terms of RBI
xzkgd lsok iznku djus ds fy, vkjchvkbZ fn'kkfunsZ'kksa ds lUnHkZ guidelines, Online Account opening with Video KYC
esa ohfM;ksa dsokbZlh dk;Z{kerk ds lkFk vkWuykbu [kkrk [kksyus dks functionality was implemented to provide remote customer
on boarding. It was made live on 12th April 2021.
ykxw djukA bls 12 viSy 2021 dks ykbo fd;k x;k FkkA
c) Pre-approved Personal Loan: Implementation of Digital
lh½ iwoZ&LohÑr O;fäxr _.k% cSad ds ekStwnk xzkgdksa dks
customer Journey for Pre-Approved Personal Loans to
iwoZ&LohÑr O;fäxr _.k ds fy, fMftVy xzkgd ;k=kk dk existing customers of the Bank. It has been made live on
dk;kZUo;uA bls 12 vizSy 2021 dks ykbo fd;k x;k gS 12th April 2021.
Mh½ fMftVy bZ&eqæk ¼f'k'kq½ _.k& vkWuykbu f'k'kq eqæk _.k ds d) Digital e-Mudra (Shishu) loans: Implementation of Digital
fy, fMftVy xzkgd ;k=kk dk dk;kZUo;uA 19 vxLr 2021 dks Customer Journey for online Shishu MUDRA loans. It was
ykbo fd;k x;kA vkWuykbu r#.k vkSj fd'kksj eqæk _.k ds fy, made live on 19th August 2021. Further, implementation
of Digital customer Journey for online Tarun and Kishor
fMftVy xzkgd ;k=kk dk dk;kZUo;u tkjh gSA Mudra loans is underway.
bZ½ iqjkus [kkrksa ds dsokbZlh nLrkostksa dks LdSu djus ds e) CKYC Mobile Application for Scanning KYC Documents
fy, lhdsokbZlh eksckby ,fIyds'ku%& bl ifj;kstuk dks of old Accounts. The project has been live since
24th November, 2021.
24 uoEcj] 2021 ls ykbo cuk;k x;k gSA
,Q½ ohfM;ks dsokbZlh ds ek/;e ls isa'kuHkksfx;ksa dks thou f) Life Certificate Facility to pensioners through Video KYC:
The project was made live on 30th December, 2021.
izek.k i=k dh lqfo/kk% ifj;kstuk dks 30 fnlEcj] 2021 dks
ykbo fd;k x;k gSA
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th½ iSlk cktkj ds lkFk xBtksM+& cSad ds fy, yhM ¼vkokl _.k½ g) Tie-up with Paisa bazaar: The Bank entered into
dh lks²lx ds fy, cSad us _.k cktkjksa ds lkFk lkÖksnkjh dh gSA Partnership with loan marketplaces for sourcing of leads
(Housing Loans).
,p½ Hkkjrh; cSad dh CykWd psu baÝkLVªDpj daiuh h) Indian Bank’s Block Chain Infrastructure Company (IBBIC):
¼vkbZchchvkbZlh½%& cSad vius laLFkkid lnL;ksa esa ls ,d The Bank has joined IBBIC as one of its founding members.
ds :i esa vkbZchchvkbZlh esa 'kkfey gks x;k gSA vkbZchchvkbZlh IBBIC will explore banking related use cases with Blockchain
CykWdpsu rduhd ds lkFk cSa¯dx ls lacaf/kr mi;ksx ds ekeyksa dk technology. IBBIC and its members have decided to start
irk yxk,xkA vkbZchchvkbZlh vkSj blds lnL;ksa us ?kjsyw lk[k use of Blockchain for Domestic Letter of Credit (LC).
i=k ¼,ylh½ ds fy, CykWdpsu dk mi;ksx 'kq: djus dk fu.kZ;
fy;k gSA
bZ- izca/ku lwpuk iz.kkyh E. MANAGEMENT INFORMATION SYSTEM
cSad u dsoy fu.kZ; ysus vkSj lapkyu esa mRÑ"Vrk ykus ds fy, cM+s MsVk The Bank believes in harnessing the power of both big data and
vkSj NksVs MsVk nksuksa dh 'kfä dk mi;ksx djus esa fo'okl djrk gS cfYd small data not only to drive decision-making and operational
xzkgd izlUUkrk esa o`f) ds fy, O;fäxr vuqHko Hkh iznku djrk gSA excellence but also to provide personalized experiences to
increase customer delight.
,aVjizkbt&okbM MsVk os;jgkml ¼bZMhMCY;w½ Enterprise-Wide Data Warehouse (EDW)

MsVk fdlh Hkh izdkj ds laxBu dk u;k dsUæ gS vkSj cSfdax bldk Data is the new cynosure of any form of organization and Banking
viokn ugha gSA MsVk dks tc laxzfgr] O;ofLFkr] lajfpr vkSj [kaxkyk is no exception to it. Data when stored, arranged, structured
tkrk gS] rks ;g lwpuk iznku djrk gS] tks cnys esa fujarj Kku iznku and mined, it provides Information; which in turn generates
persistent Knowledge resulting in wisdom as final product. PNB
djrk gS vkSj blds ifj.kkeLo:i vafre mRikn ds :i esa Kku izkIr has made its Enterprise-wide Data Warehouse (EDW) live, as
gksrk gSA ih,uch us vius ,aVjizkbt okbM MsVk os;jgkml ¼bZMhMCY;w½ Single Source of Truth for operational, management information
dks ifjpkyu] izcaèku lwpuk iz.kkyh] fu.kZ; leFkZu iz.kkyh] cSadksa system, decision support system, informative and analytics
ds MsVk ds lwpukRed vkSj fo'ys"k.k ds fy, lR; ds ,dy lzksr ds of Banks data for Descriptive, Diagnostic, Predictive and
:i esa] o.kZukRed] funkudkjh] Hkfo";drkZ ,oa funsZ'kkRed rjhds ls Prescriptive manner to achieve the targeted growth in Business.
O;olk; esa yf{kr fodkl dks izkIr djus ds fy, ykbo cuk;k gSA EDW is now one stop information source for regulatory ADF/
bZMhMCY;w vc fu;ked ,Mh,Q@lhvkbZ,e,l ifj;kstuk ds fy, CIMS project.
lwpuk lzksr gSA
MsVk fo'ys"k.k% Data Analytics
cSad us MsVk ,ukfyfVDl lsaVj vkWQ ,Dlhysal ¼lhvksbZ½ dh LFkkiuk The Bank has set up a Data Analytics Centre of Excellence
dh gSA u, ewY;&l`tu] ØkWl&lsy vkSj vi&lsy volj] jktLo esa (CoE). Analytics is being conducted on broadly three verticals-
o`f)] ykxr esa deh] mRikn o`f)] pSuy vuqdwyu] _.k&pwd iwokZuqeku] Business, Control and Support, with objective of new value-
fMftVy mifLFkfr esa o`f) vkSj xzkgd vk/kkj dh tksf[ke :ijs[kk esa creation, cross-sell and up-sell opportunity, increasing revenue,
cost reduction, product enhancement, channel optimization,
lqèkkj djus ds mís'; ds lkFk eq[; rhu o£Vdy O;olk;] fu;U=k.k vkSj default loan prediction, maximizing digital footprint and
lg;ksx ij fo'ys"k.k fd;k tk jgk gSA improve risk profiling of the customer base.
vxys Lrj ds lq/kkj% bZMhMCY;w ds lkFk] cSad ih,lch esa vxys Lrj ds Next Level Reforms: With EDW in place, Bank is well prepared
lq/kkjksa ds rgr dkjZokbZ fcUnq izkIr djus] ftlesa vYikof/k vkSj nh?kkZof/k to achieve the Action Points under next level reforms in PSBs
for short Term and Long Term Target like digital enhancement,
y{; tSls fMftVy o`f)] cM+s MsVk fo'ys"k.k] cSa¯dx rduhdh esa cnyko Big Data Analytics, adoption of change in Banking Technology,
dks viukus] fQu Vsd ds dsafær mi;ksx vkSj fo'ys"k.k ds ek/;e ls focused use of Fin techs and improvement in Employee
deZpkjh tqM+ko c<+kuk 'kkfey gS] ds fy, iwjh rjg ls rS;kj gSA engagement through Analytics.
ih,uch dh orZeku vkSj Hkkoh dk;Zuhfrd O;kolkf;d vko';drkvksa To align with the present and future strategic business
ds lkFk leUo; LFkkfir djus] izfrLi/kkZ esa c<+r gkfly djus ds fy, requirements of PNB, to gain competitive edge and to cater
vkSj cSad ds fy, mUUkr fMftVy {kerk,a l`ftr djus dh t:jrksa dks to the needs of creating advanced digital capabilities for Bank,
iwjk djus gsrq] fofHkUUk O;fäxr lsxesaV ij ekWMy vk/kkfjr O;kolkf;d Model based business leads are being generated on various
yhM rS;kj fd, tk jgs gSaA Vhe us ekStwnk fo'ys"k.k vk/kkfjr _.k vkSj personal segment. Team is also geared up for analytics-based
credit and non-credit offers. Process and systemic optimization
xSj&_.k is'kd'k ds fy, Hkh xfr c<+kbZ gSA fo'ys"k.k }kjk lapkfyr
58
fMftVyhdj.k dks c<+kok nsus ds ek/;e ls izfØ;k vkSj iz.kkyhxr through promotion of Digitization driven by analytics is another
vuqdwyu ,d vU; rjhdk gS ftls fo'ys"k.k Vhe }kjk viuk;k tk jgk avenue being pursued by analytics team.
gSA
,Q- 'kk[kk usVodZ F. BRANCH NETWORK
?kjsyw mifLFkfr% cSad ds ikl 31 ekpZ] 2022 rd 10098 'kk[kkvksa Domestic Presence: The Bank has one of the largest networks
dk lcls cMk usVodZ gSa] ftlesa 1753 egkuxjh;] 2035 'kgjh] 2457 of 10098 branches as on 31st March, 2022, comprising of 1753
Metropolitan, 2035 Urban, 2457 Semi Urban and 3853 Rural
vèkZ'kgjh vkSj 3853 xzkeh.k 'kk[kk,a 'kkfey gSa A xzkeh.k vkSj v/kZ 'kgjh branches. Rural and Semi Urban Branches (RUSU) comprise
'kk[kk,a ¼vkj;w,l;w½ dqy 'kk[kk usVodZ dk 63% gSaA around 63 per cent of the Total Branch Network.
varjkZ"Vªh; mifLFkfr% orZeku esa] 3 'kk[kkvksa ¼1 gkaxdkax ¼can gksus International Presence: At present Bank has its overseas
presence in 7 Countries by way of 3 branches (1 at Hong Kong
okyh gS½ vkSj 1 nqcbZ vkSj 1 fx¶V flVh xqtjkr½] 2 vuq"kafx;ksa ¼yanu
(about to be closed), 1 at Dubai and 1 at GIFT City Gujarat), 2
vkSj HkwVku½] 1 la;qä m|e ¼usiky½] 2 izfrfuf/k dk;kZy;ksa ¼E;kaekj vkSj Subsidiaries (London and Bhutan), 1 Joint Venture (Nepal), 2
ckaXykns'k½] ds :i esa cSad dh 7 ns'kksa esa varjkZ"Vªh; mifLFkfr gSaA Representative Offices (Myanmar and Bangladesh).
th- varjkZ"Vªh; cSa¯dx G. INTERNATIONAL BANKING
31 ekpZ] 2022 rd] fons'kh eqæk dkjksckj dk lapkyu djus ds fy, 232 As on 31st March, 2022, there were 232 branches authorized
'kk[kk,a vf/kÑr Fkh ,oa dsaæhÑr :i ls O;kikfjd ysunsu dk lapkyu to handle Foreign Exchange Business and 4 Trade Finance
djus vkSj lHkh vkrafjd foizs"k.k ds fy, varjkZ"Vªh; lsok 'kk[kk ds Centers functioning at New Delhi, Chennai, Kolkata & Mumbai
specialized for centralized handling of trade transactions and
fy;s fof'k"V 4 VªsM Qkbusal lsaVj ¼Vh,Qlh½ ubZ fnYyh] psUUkbZ vkSj
International Service Branch for all inward remittances. In
dksydkrk vkSj eqacbZ esa dk;Zjr gSaA blds vfrfjä cSad ds ikl fons'kh addition to it, the Bank has 6 Exchange Bureaus at important
i;ZVdksa@,uvkjvkbZ }kjk fons'kh eqæk uksVksa ds uxnhdj.k dh lqfo/kk ds tourist centers to facilitate encashment of Foreign Exchange
fy, egRoiw.kZ i;ZVd dsaæksa ij 6 ,Dlpsat C;wjksa gSaA Currency Notes by foreign tourists/NRIs.
 ?kjsyw fons'kh eqæk dkjksckj  Domestic Forex Business
cSad us foÙk o"kZ 2021&22 ds fy, 37 izfr'kr dh o`f) ntZ djrs gq, The Bank has registered a Foreign Exchange Business
:- 1]24]172 djksM+ dk dqy fons'kh eqæk O;kikj dkjksckj ¼fu;kZr Turnover of Rs. 1,24,172 Crore (Exports and Imports
vkSj vk;kr lfgr½ ntZ fd;k gSA together) for the FY 2021-22 registering the growth of 37
per cent.
lexz :i ls cSad ds vkod foizs"k.k djus ds fy, ubZ fnYyh esa The Bank has an International Service Branch (ISB)
,d varjkZ"Vªh; lsok 'kk[kk ¼vkbZ,lch½ dk;Zjr gSA foÙk o"kZ functioning at New Delhi for handling Inward Remittances.
2021&22 ds nkSjku] cSad us #- 51]191 djksM+ dk foizs"k.k dkjksckj During FY 2021-22, the Bank has handled remittance
business of Rs. 51,191 Crore.
fd;k gSA
cSad ds ikl vfuoklh Hkkjrh;ksa ls foizs"k.k dks lqfo/kktud cukus The Bank has Rupee Drawing Arrangements (RDA) with
ds fy, 16 fofue; x`gksa ¼10 xYQ] 1 ¯lxkiqj] 2 ;w,l,] ;w- ds-] 16 exchange Houses (10 in the Gulf, 1 in Singapore, 2 in
dukMk vkSj ls'kYl esa ,d&,d ds lkFk #ih Mªkbax O;oLFkk the USA, 1 each in UK, Canada and Seychelles) to facilitate
¼vkjMh,½ Hkh gSA remittance from NRIs.
cSad us euh VªkalQj l£ol ;kstuk ¼MTSS½ ds rgr VªkalQ+kLV The Bank also has remittance arrangement under Money
oYMZokbM ds lkFk foizs"k.k O;oLFkk Hkh dh gSaA Transfer Service Scheme (MTSS) with Transfast Worldwide.
 fons'kh dkjksckj  Overseas Business

31 ekpZ] 2022 rd cSad dk fons'kh dkjksckj 8-77 izfr'kr dh o"kZ Overseas business of the Bank stood at Rs. 47,060 Crore as
nj o"kZ o`f) ntZ djrs gq, :-47]060 djksM+ jgkA fons'kh 'kk[kk,a on 31st March, 2022 registering YoY growth of 8.77 per cent.
ykHkiznrk esa lq/kkj ds fy, de ØsfMV tksf[ke Hkkj ds lkFk ,d Overseas branches are focusing on High Quality Medium/
fofo/k _.k iksVZQksfy;ks cukus ds fy, mPp xq.koÙkk okys e/;e@ Long term Assets to build a diversified loan portfolio with
low Credit Risk Weight to improve profitability.
nh?kZdkfyd vkfLr;ksa ij /;ku dsafær dj jgh gSaA
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fons'kh eqæk dkjksckj o`f) ds fy, mBk, x, dne% Steps Initiated for Forex Business growth
• foÙk o"kZ 2021&22 ds nkSjku vf[ky Hkkjrh; vk/kkj ij 55 fu;kZr • 55 Export Promotion Councils (EPCs) have been visited on
lao/kZu ifj"knksa ¼bZihlh½ dk nkSjk fd;k x;k gSA blds vykok] lHkh Pan India basis during the FY 2021-22. Further, all the Zonal
Offices were advised to continue liasioning with Export
vapy dk;kZy;ksa dks u, laca/kksa dh lks²lx ds fy, fu;kZr lao/kZu
Promotion Councils (EPCs) for sourcing new relationships.
ifj"kn bZihlh ds lkFk laidZ tkjh j[kus dh lykg nh xbZ FkhA
• foÙk o"kZ 2021&22 ds nkSjku fons'kh eqæk dkjksckj ds laca/k esa • 105 Exporter/Importer meets were conducted on Pan
India basis to address their grievances in respect of Forex
mudh f'kdk;rksa dks nwj djus ds fy, vf[ky Hkkjrh; Lrj ij
business during FY 2021-22.
105 fu;kZrd@ vk;krd cSBdsa vk;ksftr dh xbZaA
• foÙkh; o"kZ 2021&22 ds nkSjku cSad us fons'kh eqæk xzkgdksa dh 185 • The Bank generated 185 new leads of forex customers
ubZ yhM tujsV dhA blds vykok] 149 laca/kksa dks O;olk; esa during FY 2021-22. Further, 149 relationships have
ifjo£rr fd;k x;k gSA been converted into business.
• vk;krdksa@fu;kZrdksa ds fy, O;kikj foÙk dk IysVQkWeZ% • Trade Finance Platforms for Exporters/Importer:
fu;kZr ekWM~¸kwy ds vkjEHk gksus ds ckn] gky gh esa] cSad us vk;kr Subsequent to launch of Export module, recently, the
Bank launched 2nd phase of Trade Finance Portal covering
nLrkost+ksa] fons'kh lk[k i=k vkSj fons'kh xkjaVh i=k dks doj djrs
Import documents, Foreign Letter of Credit and Foreign
gq, O;kikj foÙk iksVZy dk nwljk pj.k 'kq: fd;k gS rkfd vk;kr Letter of guarantee to allow import customers to initiate
djus okys xzkgd dks ysunsu 'kq: djus dh vuqefr fey ldsA transactions.
• usV&cSa¯dx ds ek/;e ls fuoklh O;fä;ksa ds fy, tkod • Outward remittance facility for Resident Individuals
izs"k.k lqfo/kk% cSad us baVjusV cSa¯dx ds ek/;e ls ,yvkj,l ds through Net-Banking: The Bank launched Outward
rgr /ku foizs"k.k gsrq fuoklh O;fä;ksa ds fy, tkod izs"k.k lqfoèkk Remittance Facility for resident individuals for remitting
'kq: dh gSA ;g [kqnjk xzkgdksa dks migkj] nku] ;k=kk ¼O;olk;] funds under LRS through Internet Banking. This gives ease
to retail customers for remitting for the purpose of Gift,
rhFkZ;k=kk] fpfdRlk mipkj vkSj f'k{kk½ ds iz;kstu vkSj djhch Donation, Travel (Business, Pilgrimage, Medical Treatment,
fj'rsnkjksa ds j[kj[kko ds fy, izs"k.k dh lqxerk iznku djrk gSA Education and Maintenance of close relatives).
• vkod izs"k.k ds laca/k esa xzkgdksa dks lh/ks lwpuk Hkstus dh lqfo/kk • A facility for sending direct intimation to customers in
'kq: dh xbZ gSA respect of Inward remittance has been introduced.
• varjkZ"Vªh; lsok 'kk[kk ¼vkbZ,lch½ us xzkgdksa dks muds vkod • International Service Branch (ISB) has started sending
izs"k.k ds laca/k esa lh/ks esy Hkstuk 'kq: dj fn;k gS tks vkod izs"k.k mails directly to customers with respect to their inward
ysunsu ds Vh,Vh dks de djrk gSA remittances which reduces the TAT.
• O;kikj foÙk xzkgdksa dh lgk;rk ds fy, lHkh O;kikj foÙk dsUæksa • Dedicated customer care desks are made available at all
TFCs to help trade finance customers. The contact details
¼Vh,Qlh½ esa le£ir xzkgd lsok MsLd miyC/k djk, x, gSaA are also placed on PNB Corporate website.
laidZ fooj.k ih,uch dkWiksZjsV osclkbV ij Hkh fn, x, gSaA
• ,d le£ir bZesy vkbZMh [email protected] fo'ks"k :i ls • A dedicated email ID [email protected] has been
O;kikj foÙk xzkgdksa gsrq muds fons'kh eqæk ls lacaf/kr ifjpkyu created exclusively for trade finance customers for their
forex related operational issues.
ekeyksa ds fy, cukbZ xbZ gS] tks lh/ks vkbZchMh ds vf/kdkfj;ksa }kjk
laHkkyk tk jgk gSA
• varjkZ"Vªh; cSa¯dx bZdkbZ ¼vkbZch;w½] thvkbZ,QVh flVh • International Banking Unit (IBU), GIFT City Gandhinagar,
xkaèkhuxj] xqtjkr dks 8 vizSy 2022 ls pkyw fd;k x;kA ;g Gujarat has been operationalised w.e.f., 8th April 2022.
fu;ked varjkZ"Vªh; foÙkh; lsok dsaæ izkf/kdj.k ¼vkbZ,Q,llh,½ It will offer services like an overseas branch of the bank
under regulator International Financial Services Centres
ds rgr cSad dh ,d fons'kh 'kk[kk dh rjg lsok,a iznku djsxkA
Authority (IFSCA). The major products offered will be ECB,
is'k fd, tkus okys izeq[k mRikn bZlhch] Hkkjrh; m/kkjdrkZvksa Buyers credit to Indian borrowers and Term Loan, Working
dks Øsrk _.k vkSj fons'kh laLFkkvksa dks eh;knh _.k] dk;Z'khy Capital, Trade Finance and FLC/FLG to overseas entities.
iwath] O;kikj foÙk vkSj ,Q,ylh@,Q,yth gksaxsA 'kk[kk fons'kh Branch will trade in Foreign currencies in overseas market,
cktkj esa fons'kh eqækvksa esa O;kikj djsxh] fons'kh eqæk esa tek vkSj raise funds in foreign currency as deposits and borrowings
vfuoklh lzksrksa ls m/kkj ds :i esa /ku tqVk,xh vkSj xzkgdksa ds fy, from non-resident sources and provide loan and liability
_.k vkSj ns;rk mRikn iznku djsxhA products for the clients.
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,p- dkjksckj fofo/khdj.k H. BUSINESS DIVERSIFICATION
chek dkjksckj% Insurance Business
 thou chek% cSad us fuEufyf[kr chek daifu;ksa ds lkFk  Life Insurance: Bank has tie-up with the following Insurance
VkbZ&vi fd;k gS ¼foÙk o"kZ 2021&22½] Hkkjrh; thou chek companies (FY 2021-22), Life Insurance Corporation of
India (LIC), PNB MetLife India Insurance Co. Ltd (PMLI) and
fuxe ¼,yvkbZlh½] ih,uch esVykbQ bafM;k ba';ksjsal daiuh
Canara HSBC Oriental Bank of Commerce Life Insurance Co.
fyfeVsM ¼ih,e,yvkbZ½ vkSj dsujk ,p,lchlh vksfj;aVy cSad Ltd (CHOICe). Presently, Bank is continuing tie-up with only
vkWQ dkWelZ ykbQ ba';ksjsal daiuh fyfeVsM ¼lh,pvksvkbZlh½A two companies:
orZeku esa cSad us dsoy nks daifu;ksa ds lkFk VkbZ&vi tkjh j[kk
gS%
1- ih,uch esVykbQ bafM;k ba';ksjsal daiuh fyfeVsM 1. PNB Metlife India Insurance Co. Ltd (PMLI)
¼ih,e,yvkbZ½A
2- Hkkjrh; thou chek fuxe ¼,yvkbZlh½A 2. Life Insurance Corporation of India (LIC)
thou chek dkjksckj ls cSad dh vk; foÙk o"kZ 2021&22 ds nkSjku The Bank’s earnings from Life Insurance business grew by
6-45% c<+dj 294 djksM+ #i;s gks xbZ] tks foÙk o"kZ 2021&22 ds 6.45 % during FY 2021-22 to Rs. 294 Crore from Rs. 276
Crore during FY 2021-22.
nkSjku 276 djksM+ #i;s FkhA
 xSj&thou chek% cSad us fuEufyf[kr chek daifu;ksa ds lkFk  Non-Life Insurance: The Bank has tie-up with the following
VkbZ&vi fd;k gS% Insurance companies:
1- vksfj;aVy ba';ksjsal daiuh fyfeVsM ¼vksvkbZlh,y½ 1. The Oriental Insurance Co. Ltd. (OICL)
2- ctkt vkfy;kat tujy ba';ksjsal daiuh fyfeVsM 2. Bajaj Allianz General Insurance Co. Ltd. (BAGIC)
¼ch,thvkbZlh½
3- pksykeaMye ,e,l tujy ba';ksjsal daiuh fyfeVsM 3. Cholamandalam MS General Insurance Co.
¼lh,pvks,y,½ Ltd. (CHOLA)
4- ds;j gsYFk ba';ksjsal daiuh fyfeVsM ¼lh,pvkbZlh,y½ 4. Care Health Insurance Co. Ltd. (CHICL)
5- LVkj gsYFk ,aM ,ykbM ba';ksjsal daiuh fyfeVsM 5. Star Health & Allied Insurance Co. Ltd. (SHICL)
¼,l,pvkbZlh,y½
foÙk o"kZ 2021&22 ds nkSjku cSad dh deh'ku vk; 101 djksM+ The Bank’s Commission Income stood at Rs. 101 Crore
during FY 2020-21 (Health Insurance- Rs. 66 Crore &
#i;s ¼LokLF; chek& 66 djksM+ #i;s vkSj laifÙk chek& 35 djksM+
Asset Insurance- Rs. 35 Crore) against Rs. 93 Crore in
#i;s½ Fkh] tcfd foÙk o"kZ 2021&22 esa 93 djksM+ #i;s ¼ftlesa FY 2020-21 (which included Income of around Rs. 4.41 Crore
Qly chek ls lacaf/kr yxHkx 4-41 djksM+ #i;s dh vk; 'kkfey pertaining to Crop Insurance and the same is not included
gS vkSj bls foÙk o"kZ *2021&22 esa 'kkfey ugha fd;k x;k gS½A foÙk in FY 2020-21). During the FY 2020-21, the Bank registered
o"kZ 2021&22 ds nkSjku] cSad us vk; ¼Qly chek dks NksM+dj½ esa a YoY growth of 14.1 per cent in income (excluding Crop
lkykuk vk/kkj ij 14-1% dh o"kZ nj o"kZ o`f) ntZ dhA foÙk o"kZ Insurance). The following new segment specific products
2020&21 ds nkSjku fuEufyf[kr u, [kaM fof'k"V mRikn 'kq: fd, were launched during FY'2020-21:
x,%
,½ xaHkhj chekjh ¼fo'ks"k :i ls efgykvksa ls lacaf/kr½ dks doj a. Women Specific health insurance products covering
critical illness (specifically related to women).
djus okys efgyk fof'k"V LokLF; chek mRiknA
ch½ fuEu vk; oxZ esa vkus okys xzkgdksa ds fy, O;fäxr nq?kZVuk b. Personal Accidental Insurance cover for customers
falling in Lower income group.
chek dojA
 E;wpqvy QaM% cSad fuEufyf[kr vkfLr izca/ku daifu;ksa ds  Mutual Funds: Bank is distributing and marketing Mutual
E;wpqvy QaM mRiknksa dk forj.k vkSj foi.ku dj jgk gS% Fund products of the following Asset Management
Companies:
1- eSllZ lqanje ,lsV eSustesaV izk- fyfeVsM ¼igys ¯izfliy 1. M/s Sundaram Asset Management Pvt. Ltd (previously
,lsV eSustesaV izkbosV fyfeVsM ds :i esa tkuk tkrk Fkk½A known as Principal Asset Management Pvt Ltd).
61
2- eSllZ fuIikWu ykbQ ,lsV eSustesaV fyfeVsM 2. M/s Nippon Life Asset Management Ltd.
3- eSllZ ;wVhvkbZ ,lsV eSustesaV daiuh fyfeVsM] 3. M/s UTI Asset Management Company Ltd.,
4- eSllZ vkfnR; fcM+yk luykbQ ,lsV eSustesaV daiuh 4. M/s Aditya Birla Sunlife Asset Management Company
fyfeVsM Ltd.
5- eSllZ ,yvkbZlh E;wpqvy QaM ,lsV eSustesaV fyfeVsMA 5. M/s LIC Mutual Fund Asset Management Ltd.
6- eSllZ Mh,lih bUosLVesaV eSustlZ izkbosV fyfeVsMA 6. M/s DSP Investment Managers Pvt. Ltd.
7- eSllZ ÝSadfyu VsEiyVu ,lsV eSustesaV ¼bafM;k½ izkbosV 7. M/s Franklin Templeton Asset Management (India)
fyfeVsMA Pvt Ltd.
8- FISDOM ekStqnk bZ&vkschlh xzkgdksa dks jktLo lk>snkjh 8. FISDOM is also providing MF Aggregator and Robo-
ds vk/kkj ij ,e,Q ,xzhxsVj vkSj jkscks lykgdkj lsok,a Advisory services to existing eOBC customers on
Hkh iznku dj jgk gSA revenue sharing basis.
foÙk o"kZ 2021&22 ds nkSjku] 7-00 djksM+ #i;s ds y{; ds eqdkcys During FY 2021-22, Income of Rs. 5.72 crore was earned
5-72 djksM+ #i;s dh vk; v£tr dh xbZ vkSj o"kZ&nj&o"kZ o`f) against the target of Rs. 7.00 crore and YoY growth was
50.13 per cent.
50-13% FkhA
 fMikWftVjh lsok,¡ % fMikWftVjh Hkkxhnkj ds :i esa] cSad us  Depository Services: As a Depository Participant, Bank
2020&21 ds 5539 ds eqdkcys foÙk o"kZ 2021&22 ds nkSjku 11627 opened 11,627 Demat Accounts during FY 2021-22 against
5,539 in FY 2020-21 and 12,016 Online Trading Accounts
MheSV [kkrs [kksys vkSj foÙk o"kZ 2020&21 ds 7]514 ds eqdkcys
in FY' 2021-22 against 7,514 in FY 2020-21. Out of 11,627
foÙk o"kZ 2021&22 esa 12]016 vkWuykbu Vªs¯Mx [kkrs [kksysA 11]627 Demat Accounts, around 9,022 i.e., 78 per cent of Demat
MheSV [kkrksa esa ls] yxHkx 9022 vFkkZr 78% MheSV [kkrs vkbZch,l accounts was opened digitally through Insta Demat
vkSj ,ech,l ij miyC/k baLVk MheSV ds ek/;e ls fMftVy :i available on IBS and MBS. Income earned in FY 2021-22
ls [kksys x, FksA foÙk o"kZ 2021&22 esa fMikWftVjh lsokvksa ls v£tr from Depository services was Rs. 5.70 Crore
vk; #- 5-70 djksM+ FkhA
 ,,lch, ,oa eps±V cSa¯dx% cSad ds ikl fuxZe ds fy, cSadj]  ASBA & Merchant Banking: Bank has license to act as
_.ki=k] U;klh vkSj eps±V cSadj ds :i esa dk;Z djus dk ykblsal Banker to issue, debenture trustee and merchant Banker.
During FY 2021-22, 217 issues were handled. The amount
gSA foÙk o"kZ 2021&22 ds nkSjku 217 fuxZeksa dk izca/ku fd;k x;k
blocked through ASBA was Rs. 5442 Crore and Income of
FkkA ,,lch, ds ek/;e ls CykWd dh x;h jkf'k 5442 djksM+ #i;s Rs. 0.45 Crore was earned during FY 2021-22.
Fkh vkSj foÙk o"kZ 2021&22 ds nkSjku 0-45 djksM+ #i;s dh vk;
v£tr dh xbZ FkhA
ubZ igy New Initiatives
,- thou chek vkSj xSj&thou chek dkjksckj% cSad xzkgdksa rd a. Life Insurance & Non-Life Insurance Business: In order
igq¡pus ds fy, fMftVy pSuyksa tSls dkWiksZjsV osclkbV] usV cSa¯dx to reach out to Bank’s customers using the Bank’s digital
channels like Corporate website, Net Banking & Mobile
vkSj eksckby cSa¯dx ,si ds ek/;e ls mudh cSa¯dx xfrfof/k;ksa ds
Banking App to conduct their banking activities, the Bank
lapkyu gsrq] cSad us cSad dh osclkbV@vkbZch,l@,ech,l ij introduced facility of soliciting its insurance products
fnukad 27 vizSy] 2021 ls ba';ksjsal lsYQ&usVo²dx IysVQkWeZ through Insurance Self-Networking Platform (ISNP) on
¼vkbZ,l,uih½ ds ek/;e ls vius chek mRiknksa ds fy, vkosnu Bank’s Website/IBS/MBS w.e.f., 27th April, 2021.
djus dh lqfo/kk izkjEHk dh gSA
ch- fMikWftVjh vkSj ,,lch, dkjksckj% 'ks;j] Vªs¯Mx djus ds fy, b. Depository & ASBA Business: e-DIS services is proposed to
Vªs¯Mx lnL;ksa dks ihvks, ¼ikoj vkWQ vVkWuhZ½ izLrqrhdj.k dks be introduced for our trading customers to eliminate the
[k+kfjt djus gsrq gekjs O;kikfjd xzkgdksa ds fy, bZ&MhvkbZ,l POA (Power of Attorney) submission to trading members
lsokvksa dks is'k djus dk izLrko gSA bZ&MhvkbZ,l lsokvksa dh for performing share trading. With the introduction of
e-DIS services, customers can start share trading instantly
'kq#vkr ds lkFk] xzkgd gekjs pSuy Hkkxhnkjksa ds lkFk Vªs¯Mx [kkrk after opening of trading account with the channel partners.
[kksyus ds rqjar ckn 'ks;j Vªs¯Mx izkjEHk dj ldrs gSaA
62
eksckby cSa¯dx lsokvksa ¼ih,uch ou½ esa ,,lch, lsokvksa dks 'kq: ASBA services has been introduced in MBS (PNB ONE). It is
fd;k x;k gSA ;g dqN gh fDyd esa vkbZihvks vkosnu ds fy, hassle free and user friendly approach for IPO application in
just few clicks. Now, ASBA services can be availed through
ijs'kkuh eqä vkSj mi;ksxdrkZ ds vuqdwy izfØ;k gSA vc] ,,lch,
Branches, Internet Banking, UPI and Mobile Banking i.e.,
lsokvksa dk ykHk 'kk[kkvksa] baVjusV cSa¯dx] ;wihvkbZ vkSj eksckby PNB ONE.
cSa¯dx vFkkZr ih,uch ou ds ek/;e ls mBk;k tk ldrk gSA
lh- yhM izca/ku iz.kkyh% lhvkj,e dh yhM izca/ku iz.kkyh ds ek/;e c. Lead Management System: Introduction of two new
channels for lodging customer request through lead
ls xzkgd vuqjks/k ntZ djus ds fy, ekpZ 2022 ls nks u, pSuyksa
management system of CRM has been made effective from
dh 'kq:vkr dh xbZ gS] ftlds ek/;e ls xzkgd cSad mRiknksa esa March 2022 through which customers can express their
viuh #fp O;ä dj ldrs gSaA cSad us feLM dkWy }kjk ,lsV vkSj interest in Bank Products. Bank has also added two new
fMftVy mRiknksa dks ntZ djus ds fy, nks u, feLM dkWy uacj Hkh number for lodging Asset & Digital products by missed call.
tkjh fd, gSaA
d. Customer Acquisition Centres (CAC) and Government
Mh- xzkgd vtZu dsaæ ¼lh,lh½ vkSj ljdkjh dkjksckj o£Vdy Business Vertical Centres (GBV): In the new revamped
dsaæ ¼thchoh½% ih,uch dh ubZ lajpuk esa] izeq[k LFkkuksa ij 57 structure of PNB, 57 Customer Acquisition Centres (CACs)
xzkgd vtZu dsaæ ¼lh,lh½ vkSj Hkkjr Hkj ds jkT;ksa dh jkt/kkfu;ksa at major locations & 21 Government Business Vertical
esa 21 ljdkjh dkjksckj o£Vdy dsaæ ¼thchoh½ tqykbZ 2020 ls Centres (GBVs) at State Capitals across India became
ifjpkyu esa gSaA operational since July 2020.
bu mijksä lsV vi dk eq[; mís'; fofHkUUk cSad mRiknksa] r`rh; The main objective of these above mentioned set up is to
i{k mRikn ¼Vhihih½ ds ØkWl lsy@vi lsy cdsV dk irk give focused approach to generate bulk business through
strategic tie ups with existing/new Corporate/ Institutional/
yxkdj ekStwnk@u, dkWiksZjsV@laLFkkxr@ljdkjh@j{kk vkSj
Govt./Defence & PSU clients, by exploring cross sell/up sell
ih,l;w xzkgdksa ds lkFk j.kuhfrd xBtksM+ ds ek/;e ls Fkksd bouquet of various Bank products, Third Party Products
O;kikj mRiUUk djus ds fy, dsafær n`f"Vdks.k viukuk gSA blds (TPP). In addition, this structure also focus on deepening
vykok] ;g lajpuk fcØh@ ØkWl fcØh ds voljksa dh [kkst djds relationship with HNI/NRI clients by exploring up sell/cross
,p,uvkbZ@,uvkjvkbZ xzkgdksa ds lkFk laca/kksa dks etcwr cukus sell opportunities.
ij Hkh /;ku dsafær djrh gSA
bZ- j{kk dkjksckj% j{kk dkjksckj izdks"B dh dYiuk Hkkjrh; l'kó e. Defence Business: Defence Business Cell was conceived
cyksa] jkT; iqfyl cyksa] v/kZlSfud cyksa ds lkFk ih,uch ds cSa¯dx as a distinct vertical under Customer Acquisition Division
O;olk; ds vxzHkkx ds :i esa dk;Z djus ds ,dek=k mís'; ds with the sole purpose of functioning as a forearm of PNB’s
banking business with Indian Armed forces, State police
lkFk xzkgd vtZu izHkkx ds rgr ,d vyx o£Vdy ds :i esa
forces, Paramilitary. PNB will sign MOU with Indian Airforce
dh xbZ FkhA ih,uch Hkkjrh; ok;q lsuk vkSj vle jkbQYl ds and Assam Rifles. Existing MOUs with Indian Army, Navy,
lkFk leÖkkSrk Kkiu ij gLrk{kj djus dh izfØ;k esa gSA Hkkjrh; Coastguard will have, added and unique features under the
lsuk] ukSlsuk] rVj{kd cy ds lkFk ekStwnk leÖkkSrk Kkiuksa esa flagship produc such as Rakshak Plus scheme.
izeq[k mRikn tSls j{kd Iyl ;kstuk ds rgr vfrfjä vkSj vuwBh
fo'ks"krk,a tksM+h tk,axhA
vkbZ- ljdkjh dkjksckj I. GOVERNMENT BUSINESS
fofHkUUk ykHkk£Fk;ksa ds fy, dsaæ vkSj jkT;ksa ls fuf/k;ksa ds varj.k esa vf/kd With a view to play a more proactive role in the transfer of
funds from Centre and States to various beneficiaries, Bank
lfØ; Hkwfedk fuHkkus ds mís'; ls] cSad lkoZtfud foÙkh; izca/ku iz.kkyh
has been making efforts to have a sizeable number of Public
¼ih,Q,e,l½ ,tsalh [kkrksa dh cM+h la[;k izkIr djus gsrq iz;kl dj Financial Management System (PFMS) agency accounts. Bank
jgk gSA cSad lekesyu ds ckn dsaæ ljdkj ds ukS vyx&vyx foHkkxksa ds is also accredited banker to nine different Central government
fy, vf/kÑr cSadj Hkh gSA ;s la[;k vkxs vkSj c<+sxhA cSad fofHkUUk jkT; departments, post amalgamation. Bank has been increasing
ljdkjksa ds lkFk mudh fof'k"V vko';drkvksa dks iwjk djus ds fy, tie-ups with various State governments to cater to their specific
xBtksM+ c<+k jgk gSA needs.
ubZ igysa New Initiatives

 QkLVSx% jk"Vªh; bysDVªkWfud Vksy laxzg ifj;kstuk ykxw dh xbZ gS  Fastag: National Electronic Toll Collection Project has been
vkSj lHkh 'kk[kkvksa dks QkLVSx tkjh djus ds fy, l{ke fd;k x;k implemented and all branches have been enabled for
issuance of Fastags.
gSA
63
 jk"Vªh; isa'ku iz.kkyh ¼,uih,l½% gekjs cSad }kjk izk;ksftr pkj  National Pension System (NPS): Four Regional Rural Banks
{ks=kh; xzkeh.k cSad dks ,uih,l foizs"k.k ds fy, vkWu&cksMZ fd;k sponsored by the Bank have been on-boarded for NPS
x;k gSA remittance.
 ljdkjh bZ&ekdsZV Iysl ¼thbZ,e½% osaMj] vFkkZr~ foØsrkvksa vkSj  Govt. e-Market Place (GeM): Bank is first amongst
nationalized banks to be present on GeM portal for
[kjhnkjksa dks gekjh lsok,a iznku djus ds fy, thbZ,e iksVZy ij
providing services to vendors, i.e. sellers and purchaseRs.
miyC/k gksus okys jk"Vªh;Ñr cSadksa esa igyk cSad gSA bu lsokvksa These services include GeM pool account, e-PBG
esa tse ¼thbZ,e½ iwy [kkrk] bZ&ihchth ¼izn'kZu cSad xkjaVh½ vkSj (Performance Bank Guarantee) & e-EMD (Earnest Money
bZ&bZ,eMh ¼c;kuk tek jkf'k½ 'kkfey gSaA Deposit).
 lkoZtfud foÙkh; izca/ku iz.kkyh ¼ih,Q,e,l½% cSad us  Public Financial Management System (PFMS): Bank has
ih,e fdlku lEeku fuf/k ds rgr yxHkx 68 yk[k ykHkk£Fk;ksa dks timely disbursed funds of approximately Rs. 4080 Crore to
yxHkx 4080 djksM+ #i;s dh /kujkf'k le; ij forfjr dh gSA about 68 lakh beneficiaries under PM Kisan Samman Nidhi.
 isesaV xsVos ds ek/;e ls dksphu iksVZ VªLV ds lkFk ,dhdj.k fd;k  Integration with Cochin Port Trust through Payment
x;k gSA gateway has been carried out.
 xzkeh.k fo|qrhdj.k fuxe fyfeVsM ds [kkrs dks ljdkjh ;kstuk  The account of Rural Electrification Corporation Ltd. has
lg;ksx ¼SAHYOG½ ds fy, lkslZ fd;k x;k gS vkSj ih,Q,e,l been sourced for the government scheme SAHYOG and
,dhdj.k dks ykxw fd;k x;k gSA PFMS integration has been implemented.
 nhu n;ky mik/;k; xzkeh.k T;ksfr ;kstuk ds fy, ljdkjh [kkrksa  The government account for Deen Dayal Upadhyaya
dks cSad us lkslZ fd;k gSA Grameen Jyoti Yojana has been sourced.
 lfØ; foi.ku ds ek/;e ls] foÙk o"kZ 2021&22 ds nkSjku 1]39]544  Through active marketing, 1,39,544 PPF, 76,357 Sukanya
ihih,Q] 76]357 lqdU;k le`f) [kkrs vkSj 61]031 ofj"B ukxfjd Samridhi accounts and 61,031 Senior Citizen Saving
accounts were opened during the FY 2021-22.
cpr [kkrs [kksys x,A
 Hkkjr ljdkj }kjk 'kq: dh xbZ lkWojsu xksYM ckWUM lClfØI'ku  Ten Series of Sovereign Gold Bond subscription launched
dh nl Jà[kykvksa dh ekdsZ¯Vx] 'kk[kkvksa }kjk dh xbZ vkSj 1229 by Govt. of India were marketed by branches and 1229
Kilograms were sold.
fdyksxzke dh fcØh dh xbZA
 The Bank is disbursing pension of approximately 10.7 lakh
 cSad yxHkx 10-7 yk[k isa'kuHkksfx;ksa dks isa'ku forfjr dj jgk gS
pensioners i.e. Central Govt. Defence, Railways, Telecom
vFkkZr~ dsaæ ljdkj] j{kk] jsyos] nwjlapkj vkSj jkT; ljdkjA and state Government.
 cSad dk fofHkUUk jkT;ksa ds lkFk ,dhdj.k gS vkSj ge lkbcj Vªstjh  The Bank is having integration with various states and we
iksVZy ds ek/;e ls vkWuykbu vkSj vkWQykbu dj ,d=k dj jgs gSa are collecting online and offline taxes through their Cyber
vkSj 21 jkT;ksa esa oSV dk laxzg fd;k tkrk gSA Treasury Portal and collection of VAT is done in 21 States.
 vf[ky Hkkjrh; vk/kkj ij djksa dk laxzg ¼izR;{k vkSj vizR;{k½  Collection of taxes (Direct & Indirect) is being done
vkWQ+ykbu vkSj vkWuykbu ek/;e ls fd;k tk jgk gSA ge dsaæ vkSj through offline and online mode on PAN India Basis. We
are one of the major collectors of taxes for Central & State
jkT; ljdkj ds fy, djksa ds izeq[k laxzgdrkZvksa esa ls ,d gSaA
Government
ts- Vªstjh lapkyu J. TREASURY OPERATIONS

ldy ?kjsyw fuos'k 31 ekpZ] 2022 dks 3]75]006 djksM+ #i;s gks x;kA Gross Domestic Investments stood at Rs. 3,75,006 Crore
tcfd vkSlr fuos'k 31 ekpZ] 2022 dks 3]81]098 djksM+ #i;s gks x;kA as on 31st March, 2022 while average investments were at
foÙk o"kZ 2021&22 ds fy, fuos'k iksVZQksfy;ks ¼?kjsyw½ ls C;kt vk; Rs. 3,81,098 Crore in as on 31st March, 2022. Interest income
from the investment portfolio (Domestic) stood at Rs. 23,399
23]399 djksM+ #i;s jghA crore for FY 2021-22.
cSad us iwjs foÙkh; o"kZ esa ,l,yvkj vkSj xSj&,l,yvkj izfrHkwfr;ksa esa The Bank actively traded in SLR and Non-SLR securities
lfØ; :i ls dkjksckj fd;kA foÙk o"kZ 2021&22 ds fy, dqy O;kikfjd throughout the financial year. Total trading profit (domestic) for
FY 2021-22 is Rs. 3150 Crore.
ykHk ¼?kjsyw½ 3]150 djksM+ #i;s jgkA
64
okaNuh; ØsfMV vkWQ&Vsd dh deh ds dkj.k cSa¯dx iz.kkyh esa iwjs o"kZ The liquidity remained comfortable throughout the year in
rjyrk lk/kkj.k jgh] bl rF; ds ckotwn fd udn vkjf{kr vuqikr the banking system due to lack of desirable credit off-take,
despite the fact that Cash Reserve Ratio (CRR) was restored
¼lhvkjvkj½ dks 4% ds iwoZ&egkekjh Lrj ij cgky dj fn;k x;kA
to pre-pandemic level of 4 per cent. Liquidity surplus in the
ljdkjh [kpZ esa o`f) vkSj th,lVh eqvkots ds fy, vfrfjä m/kkj banking system reached record levels in September with
dh vuqifLFkfr ds dkj.k cSa¯dx iz.kkyh esa rjyrk vf/k'ks"k flracj esa average liquidity of around Rs. 6.5 lakh crore due to increase in
yxHkx 6-5 yk[k djksM+ #i;s dh vkSlr rjyrk ds lkFk fjdkWMZ Lrj ij Government spending and absence of additional borrowing for
igqap x;kA ljdkjh m/kkj ;kstuk ds O;ofLFkr fu"iknu dks lqfuf'Pkr GST compensation. RBI continued to provide liquidity support
djus ds fy, vkjchvkbZ us vks,evks vkSj th&,l,ih 2-0 lapkyu ds through OMOs and G-SAP 2.0 operations in order to ensure
ek/;e ls rjyrk lgk;rk iznku djuk tkjh j[kkA orderly execution of the Government borrowing plan.
vkjchvkbZ us o"kZ ds nkSjku fofHkUUk rjyrk lgk;rk mik;ksa dh ?kks"k.kk RBI announced various liquidity support measures during the
dh tks bl izdkj gSa% year such as:
• y?kq foÙk cSadksa ¼,l,Qch½ ds fy, vkWu VSi Lis'ky ykWUx VeZ jsiks • On Tap Special Long-Term Repo Operations (SLTRO) for
vkWijs'ku ¼,l,yVhvkjvks½ dks 31 fnlacj] 2021 rd c<+k fn;k Small Finance Banks (SFBs) was extended till 31st December,
x;k FkkA 2021.
• VSi ;kstuk ij Vh,yVhvkjvks dks Ng eghus dh vof/k ds fy,] • The TLTRO on Tap Scheme was extended by a period of
vFkkZr~ 30 flracj] 2021 rd vkSj vkxs 31 fnlacj] 2021 rd c<+k six months, i.e., till 30th September, 2021 and further till
fn;k x;k FkkA 31st December, 2021.
• vkjchvkbZ us foÙk o"kZ 22 esa u, _.k forfjr djus ds fy, • RBI extended fresh support of Rs 50,000 Crore to the AIFIs
,vkbZ,QvkbZ dks `50]000 djksM+ dk uohu lg;ksx fd;kA for new lending in FY' 2021-22.
• ,e,l,Q NwV 31 fnlacj] 2021 rd tkjh jgh vkSj bls lkekU; • The MSF relaxation continued up to 31st December, 2021
O;oLFkk esa cgky dj fn;k x;k] ftlls cSad 1 tuojh] 2022 ls and was restored to the normal dispensation whereby
,e,l,Q ds rgr vksojukbZV m/kkj ysus ds fy, ,uMhVh,y ds banks will be able to dip up to 2% of NDTL for overnight
2% rd de djus esa l{ke gksaxsA borrowing under the MSF from 1st January, 2022.
• vkjchvkbZ ikf{kd ds lkFk&lkFk yach vof/k dh ifjiDork • RBI to conduct fortnightly Variable Rate Reverse Repo
vof/k ds fy, ifjorZuh; nj fjolZ jsiks ¼ohvkjvkjvkj½ vkWD'ku (VRRR) auctions as well as auctions for longer duration
vk;ksftr djsxk] gkykafd 14&fnolh; ohvkjvkjvkj uhykeh] maturities, however the 14-day VRRR auction would be the
main liquidity management operation and shall coincide
eq[; rjyrk izca/ku lapkyu gksxk vkSj lhvkjvkj j[kj[kko pØ with the CRR maintenance cycle.
ds lkFk esy [kk,xkA
vkjchvkbZ us fVdkÅ vk/kkj ij fodkl dks cgky djus vkSj cuk, RBI reitereted its stance to remain accommodative as long as
j[kus ds fy, tc rd vko';d gks rc rd lek;kstu'khy cus jgus necessary to revive and sustain growth on a durable basis. RBI
ds vius #[k dks nksgjkrs gq,] vius th&,l,ih lapkyu dks can djds commenced normalizing liquidity conditions by discontinuing
vkSj pkSFkh frekgh ls vius nh?kZdkfyd ohvkjvkjvkj dks fQj ls 'kq: its G-SAP operations and resuming its long term VRRR from
4th quarter onwards and gradually started draining out excess
djds rjyrk dh fLFkfr dks lkekU; djuk 'kq: dj fn;k vkSj /khjs&/khjs liquidity from the system. RBI’s currency swap further drained
iz.kkyh ls vfrfjä rjyrk dks de djuk 'kq: dj fn;k gSA vkjchvkbZ durable rupee liquidity from the system. The recent CRR hike of
dh eqæk LoSi us flLVe ls fVdkÅ #i;k rjyrk dks vkSj de dj fn;k 50 bps will drain a further Rs. 87,000 Crore of liquidity.
gSA gky gh esa 50 chih,l dh lhvkjvkj c<+ksrjh ls 87000 djksM+ #i;s
dh rjyrk [kRe gks tk,xhA
 Fixed Income (SLR/NSLR)
 fuf'Pkr vk; ¼,l,yvkj@,u,l,yvkj½
Reserve Bank of India (RBI) tried to balance its objective of
Hkkjrh; fjtoZ cSad ¼RBI½ us ewY; fLFkjrk ds lkFk fodkl dks cuk,
sustaining growth with price stability and that of managing
j[kus ds vius mís'; rFkk egkekjh vkSj vfuf'Pkr oSf'od eSØks the Central and State Governments’ massive borrowings
okrkoj.k dh dbZ ygjksa ds chp dsaæ vkSj jkT; ljdkjksa ds cM+s amid multiple waves of the pandemic and uncertain
iSekus ij m/kkj ds izca/ku dks larqfyr djus dk iz;kl fd;kA global macro environment. The Indian bond market was
65
foHksfnr uhykeh i)fr] th,l,ih 1-0 vkSj th,l,ih 2-0 dk;ZØe well supported by RBI through both conventional and
lfgr ikjaifjd vkSj vijaijkxr nksuksa mik;ksa ds ek/;e ls Hkkjrh; unconventional measures including differentiated auction
methodology, GSAP 1.0 and GSAP 2.0 program. However,
ckaM cktkj dks vkjchvkbZ }kjk vPNh rjg ls leFkZu fn;k x;k
during second half of the Financial Year, yields inched up
FkkA gkykafd] foÙkh; o"kZ dh nwljh Nekgh ds nkSjku] deksfMVh dh significantly due to expectations of rate hikes by central
dherksa esa o`f) gksus ds dkj.k mPp eqækLQhfr dh mEehnksa dh otg banks in all major developed economies of the world
ls nqfu;k dh lHkh izeq[k fodflr vFkZO;oLFkkvksa esa dsaæh; cSadksa on account of high inflation expectations due to surging
}kjk njksa esa o`f) dh mEehnksa ls izfrQy esa dkQh o`f) gqbZ] vkSj commodity prices, and the Indian bond market yields were
Hkkjrh; ckaM cktkj izfrQy bldk viokn ugha FksA no exception.
foÙk o"kZ 2021&22 ds nkSjku] 14-95 yk[k djksM+ #i;s ds ctVh; During FY 2021-22, the 10 year benchmark G Sec yields
cktkj m/kkj dh ?kks"k.kk ds ckn 10 lky ds csapekdZ thlsd rose to 6.95 per cent after the announcement of budgeted
market borrowing of Rs. 14.95 Lakh Crore. However as per
¼G Sec½ izfrQy c<+dj 6-95% gks x;kA gkykafd la'kksf/kr m/kkjh
the revised borrowing calendar, gross market borrowing
dSysaMj ds vuqlkj] ldy cktkj m/kkjh 14-31 yk[k djksM+ #i;s was pegged at Rs.14.31 Lakh Crore. As a result, the Central
vkadh xbZ FkhA urhtru] foÙk o"kZ 2021&22 ds fy, dsaæ ljdkj Government’s borrowing programme for FY 2021-22 came
dk mèkkj dk;ZØe 25 Qjojh dks lekIr gks x;k] vkSj ekpZ 2022 to an end on 25th February 2022 and the total auctions
ds eghus ds fy, fu/kkZfjr uhykfe;ksa dks jí djus ds dkj.k dqy were much lower than expected due to cancellations of
uhykeh vis{kk ls cgqr de FkhA blus vLFkk;h :i ls izfrQy scheduled auctions for the month of March 2022. This
cooled off the yields temporarily, but in the recently
dks ean dj fn;k] ysfdu gky gh esa vk;ksftr vfuèkkZfjr ,eihlh conducted unscheduled MPC meeting (May 2022), RBI
cSBd ¼ebZ*2022½ esa] vkjchvkbZ us vfrfjDr rjyrk dks [kRe djus raised the benchmark repo rate by 40 bps due to concerns
ds fy, 50 chih,l lhvkjlkj o`f) ds lkFk ?kjsyw eqækLQhfr ds regarding domestic inflation along with a 50 bps CRR hike
lacaèk esa fparkvksa ds dkj.k csapekdZ jsiks nj esa 40 chih,l dh o`f) to drain out excess liquidity. This resulted in benchmark
dhA blds ifj.kkeLo:i csapekdZ izfrQy 7-49% rd igaqp x;k yields touching a high 7.49 per cent and it continues to
vkSj ;g Åaps Lrj ij cuk gqvk gSaA gkykafd] vkxkeh ,eihlh cSBdksa be at elevated levels. The short term yield also spiked
considerably with 1 year T Bill reaching a high 5.95 per cent
esa vkSj c<+ksrjh dh mEehnksa ij 1 lky ds Vh fcy ds yxHkx 5-95 on expectations of further hikes in the forthcoming MPC
izfr'kr rd igqapus ds lkFk vYikof/k mit esa dkQh o`f) gqbZA Meetings.
dksfoM&19 egkekjh ds izdksi ds ckn ls] ljdkj dh m/kkjh Since the advent of COVID-19 pandemic, the government’s
borrowing has almost doubled, but the pool of domestic
yxHkx nksxquh gks xbZ gS] ysfdu ?kjsyw fuos'kdksa ds iwy us mlds
investors has not kept pace with the same and still much
lkFk rkyesy ugha cuk, j[kk vkSj ?kjsyw lkWojsu ckWUM ds oSf'od needs to be done before domestic sovereign bonds are
lwpdkadksa esa lwphc) gksus ls igys cgqr dqN djus dh vko';drk listed on global indices. Hence, the challenges for the
gSA blfy,] yxkrkj rhljs o"kZ cM+s iSekus ij m/kkj ds lqpk: smooth conduct of massive borrowings for the third
lapkyu ds fy, cgqr vf/kd pqukSfr;ka gSaA nqfu;k Hkj esa dsaæh; cSadksa consecutive year are galore. The same is further intensified
}kjk lek;kstu ds #[k dks myVus ls izfrQy ij fujk'kktud by the gloomy outlook on yields aggravated by reversal
of accommodative stance by central banks across the
n`f"Vdks.k ls ;g vkSj Hkh rst gks x;k gSA ;wØsu ij :lh vkØe.k
globe. Russian invasion of Ukraine and other expected
vkSj phu lfgr nqfu;k ds dbZ fgLlksa esa dksfoM ykWdMkmu lfgr geo-political tensions including COVID-19 lockdowns
vU; laHkkfor Hkw&jktuhfrd rukoksa ls ckaM cktkjksa ds fy, in many parts of the world including China, are further
fLFkfr dks eqf'dy cukus dh mEehn gSA Hkkjr ds ckgjh {ks=k ij expected to make things difficult for the bond markets.
fudV&vof/k dk n`f"Vdks.k Hkh dkQh [kjkc gks x;k gSA ifjiDork The near-term outlook on India’s external sector has also
esa ckWUM izfrQy esa deh vkbZ gS D;ksafd Hkw&jktuhfrd dkjdksa us worsened considerably. Bond yields have hardened across
the maturities as geo-political factors have clouded the
eqækLQhfr n`f"Vdks.k dks c<+k fn;k gS] foÙk o"kZ 2022&23 ds fy, outlook on inflation, further compounding the challenges
dsaæ vkSj jkT;ksa }kjk cM+s iSekus ij m/kkjh ds lqpk: lapkyu ds for the smooth conduct of the massive borrowing planned
fy, pqukSfr;ksa ds la;kstu dh ;kstuk gSA by the Centre and the States for FY 2022-23.
 bfDoVh vkSj E;wpqvy QaM  Equity & Mutual Funds
Hkkjrh; bfDoVh cktkjksa us fiNys foÙkh; o"kZ esa egkekjh ds fupys Indian equity markets have seen one of the steepest rallies
Lrj ls lcls rst mNkyksa ls xqtjh gS] gkykafd pkyw foÙkh; o"kZ from the lows of the pandemic in the last Financial Year,
however the current financial year has been marred by
fodflr cktkjksa esa njksa esa c<+ksrjh] eqækLQhfr ds ncko] vkiw£r
rate hikes in developed markets, inflationary pressures,
ckèkkvksa] deksfMVh dh deh vkSj Hkw&jktuhfrd ruko ls izHkkfor supply bottlenecks, commodity shortages and geo political
66
gqvk gSA urhtru] fons'kh fuos'kd iwjs o"kZ ds fy, Hkkjrh; bfDoVh tensions. As a result, foreign investors have been net sellers
ds 'kq) foØsrk jgs] ysfdu ?kjsyw [kqnjk vkSj laLFkkxr fuos'kd of Indian equities for the entire year, but domestic retail
and institutional investors have been more or less resilient
fcØh ncko ds izfr dekscs'k yphys jgs gSaA gkykafd] vxys foÙkh;
to selling pressures. However, in the next fiscal year, equity
o"kZ esa] fdlh Hkh u, ldkjkRed fVªxj ds vHkko esa bfDoVh cktkjksa markets are expected to be more or less muted in absence
ds dekscs'k ekSu jgus dh mEehn gSA blds vykok] dksfoM&19 ds of any fresh positive triggers. Also, uncertainties regarding
ckjs esa vfuf'Pkrrkvksa ds dkj.k] jk"Vªksa ds chp ruko ds vkSj c<+us COVID-19, further flare up of tensions between nations and
vkSj eqækLQhfr esa rst o`f) ls cktkjksa dks dsoy is'kd'k dh rjQ steep rise in inflation, are expected to keep the markets on
j[kus dh mEehn gSA the offered side only.
 fons'kh eqæk  Forex
foÙk o"kZ 2021&22 ds fy, cSad dh 'kq) fons'kh eqæk vk; #-1]866 Net forex income of the Bank for FY 2021-22 was Rs. 1,866
Crore. The Indian Rupee remained largely stable throughout
djksM+ FkhA Hkkjrh; #i;k iwjs o"kZ dkQh gn rd fLFkj jgk vkSj
the year and traded in a broad range of USD/INR 74–76.
USD/INR 74&76 dh O;kid lhek esa blus dkjksckj fd;kA However, it experienced a knee jerk depreciation during
gkykafd] Hkw&jktuhfrd ruko ds dkj.k dPps rsy dh dherksa esa 7th March 2022 pushing it to USD/INR 77.01 on account
vlkekU; o`f) dh otg ls 7 ekpZ] 2022 ds nkSjku blesa fuEu of abnormal rise in crude oil prices due to geo-political
ewY;âkl gqvk vkSj ftlds dkj.k ;g USD/INR 77-01 ij vk tensions. However, RBI continued to be active in markets
x;kA gkykafd] vfLFkjrk dks de djus ds fy, vkjchvkbZ cktkjksa to smoothen out the volatility. It finally closed at USD/INR
esa lfØ; jgkA ;g varr% 31 ekpZ] 2022 dks USD/INR 75-92 ij 75.92 on 31st March, 2022.
can gqvkA
ds- xzkgd lsok K. CUSTOMER CARE

cSad xzkgd lsok ds egRo dks iwjh rjg ls leÖkrk gS vkSj xzkgdksa dks The Bank fully realizes the importance of customer service and
Rofjr ,oa n{krkiw.kZ lsok iznku djus ds fy, loksZPp izkFkfedrk nsrk continues to lay utmost priority to render prompt and efficient
service to customers. In order to achieve the desired objective,
jgrk gSA okafNr mís'; dks izkIr djus ds fy,] xzkgd lsok ij Hkkjrh;
the Bank has formulated a robust Grievance Redressal Policy
fjtoZ cSad }kjk tkjh fn'kk&funsZ'kksa dks /;ku esa j[krs gq, cSad us ,d keeping in view the guidelines issued by Reserve Bank of India
lqn`<+ f'kdk;r fuokj.k uhfr rS;kj dh gSA cSad mä uhfr esa fu/kkZfjr on Customer Service. The Bank is ensuring the redressal of the
#ijs[kk ds Hkhrj xzkgdksa dh f'kdk;rksa dk fuokj.k lqfuf'Pkr dj jgk grievances of customers within the framework laid down in the
gSA said policy.
xzkgd lsok esa lq/kkj ds fy, o"kZ ds nkSjku dh xbZ igy Initiatives undertaken during the year for improvement in
customer service
 cSad ds ikl ,d vkWuykbu f'kdk;r fuokj.k izca/ku iksVZy gS ftls  The Bank has an On-line Grievance Redressal Management
dsaæhÑr f'kdk;r fuokj.k izca/ku iz.kkyh ¼lhthvkj,e,l½ dgk Portal called Centralized Grievance Redressal Management
tkrk gS] ;s bu&gkml iksVZy gSA bl iz.kkyh ds ek/;e ls] xzkgd System (CGRMS), which is in-house Portal. Through this
dks rRdky ikorh fey tkrh gS vkSj og f'kdk;r dk VªSd Hkh j[k system, the customer gets an immediate acknowledgement
ldrk gSA xzkgd vius vuqjks/k@f'kdk;r dks cSad dh osclkbV] and can keep a track of the complaint also. Customers can
lodge their requests/complaints in the CGRMS through
baVjusV cSa¯dx lsok] eksckby cSa¯dx lsok vkSj eksckby ,si ds Bank’s website, Internet Banking Service, Mobile Banking
ek/;e ls lhthvkj,e,l esa ntZ djk ldrs gSaA Service and Mobile App.
 cSad ds ikl nks vxz.kh lsok iznkrkvksa ds ek/;e ls 24 × 7 × 365  The Bank has state-of-the-art Primary Contact Centers at
vk/kkj ij vius xzkgdksa dks Vsyh&cSa¯dx lsok,a iznku djus ds fy, Gurugram and Noida to provide tele-banking services to
its customers on 24 × 7 × 365 basis through two leading
xq#xzke rFkk uks,Mk esa vR;k/kqfud laidZ dsaæ gSaA bu nks izkFkfed
Service Providers. In addition to these two Primary Sites,
dsUæksa ds vfrfjä] cSad us 13 {ks=kh; Hkk"kkvksa esa vius xzkgdksa dks the Bank has also established two Secondary Contact
Vsyh&cSa¯dx lsok,a iznku djus ds fy, nsgjknwu vkSj Hkksiky esa nks Centers at Dehradun and Bhopal to provide tele-banking
vU; laidZ dsaæ Hkh LFkkfir fd, gSaA ¼foÙk o"kZ 2021&22 ds nkSjku] services to its customers in 13 languages (During the
vkbZohvkj ij ekStwnk 11 Hkk"kkvksa ds vfrfjä 2 Hkk"kkvksa dks 'kkfey FY 2021-22, 2 languages were incorporated over IVR in
fd;k x;k Fkk½A addition to existing 11 languages).
67
 blds vykok] foÙkh; o"kZ 2021&22 ds nkSjku vkbZohvkj ds ek/;e  Further, the number of self-services extended to 14 by
ls laidZ dsaæ }kjk Lo;a lsokvksa dh la[;k 14 rd c<+k nh xbZ gS] Contact Centre through IVR during FY 2021-22 thereby
making them more customer friendly.
ftlls os vf/kd xzkgd vuqdwy gks x, gSaA
 cSad us 'kk[kkvksa esa xzkgd lsok ds ekud dk vkadyu djus ds  The Bank has constituted teams of officials at Customer
fy, 'kk[kkvksa esa xqIr nkSjs fd, tkus gsrq xzkgd lsok dsUæ] iz/kku Care Centre at Head Office, Zonal Offices and Circle Offices
to pay incognito visit to branches to assess standard of
dk;kZy;] vapy dk;kZy; vkSj eaMy dk;kZy;ksa esa vf/kdkfj;ksa
service. During FY 2021-22, officials of the Bank made
dh Vheksa dk xBu fd;k gSA foÙk o"kZ 2021&22 ds nkSjku] cSad ds 14,576 incognito visits to branches pan India. Deficiencies
vfèkdkfj;ksa us iwjs Hkkjr dh 'kk[kkvksa ds 14]576 xqIr nkSjs fd;sA pointed out by the visiting officials are being shared with
nkSjk djus okys vf/kdkfj;ksa }kjk crkbZ xbZ dfe;ksa dks lacaf/kr the concerned branches/Circle Offices for taking corrective
'kk[kkvksa rFkk eaMy dk;kZy;ksa ds lkFk lkÖkk fd;k x;k rkfd mUgsa steps.
nwj djus gsrq lq/kkjkRed dne mBk, tk ldsaA
 cSad }kjk izkIr f'kdk;rksa dh fLFkfr dh leh{kk cksMZ dh ,d  The status of complaints received by the Bank is reviewed
mi&lfefr }kjk ÞcksMZ dh xzkgd lsok lfefrÞ] frekgh vk/kkj by “Customer Service Committee of the Board”, a Sub-
ij dh tkrh gSA lfefr dh cSBdksa dh v/;{krk izca/k funs'kd ,oa Committee of the Board, on quarterly basis. The meetings
of the Committee are presided over by Managing Director
lhbZvks }kjk dh tkrh gSA
& CEO.
 nkeksnju lfefr dh laLrqfr;ksa ds vuqlkj cSad ds ikl ,d  The Bank has in place an Internal Ombudsman as per the
vkarfjd yksdiky gSA ;g iz.kkyh cSad }kjk f'kdk;rksa ds fuokj.k recommendations of the Damodaran Committee. The
system ensures greater transparency in the redressal of
esa vf/kd ikjn£'krk lqfuf'Pkr djrh gSA
grievances by the Bank.
 lHkh 'kk[kkvksa vkSj eaMy dk;kZy;ksa esa xzkgd lsok lfefr;ka] xzkgd  Customer Service Committees in all the branches and Circle
lsok dh xq.koÙkk dh tkap djrh gSa vkSj xzkgd lsok esa lq/kkj ds fy, Offices look into the quality of customer service rendered
and critically examine the feedback/suggestions for
izfrfØ;k @lqÖkkoksa dh ckjhdh ls tkap djrh gSaA ;s lfefr;ka ekg improvement in customer service. These committees meet
esa ,d ckj cSBd vk;ksftr djrh gSa tgka deZpkjh vkSj vkeaf=kr once in a month where staff and the invited customers
xzkgd lsok ls lacaf/kr eqíksa ij [kqydj ckrphr djrs gSaA interact freely on service-related issues.
 izR;sd ekg ,d ekfld if=kdk ÞdLVej LihDlÞ izdkf'kr dh  A monthly magazine “Customer Speaks” is published
in which selected complaints filed by customers and the
tkrh gS ftlesa xzkgdksa }kjk ntZ dh xbZ pquhank f'kdk;rsa vkSj action taken/resolution provided to the complainants are
fd, x, f'kdk;rdrkZvksa dks iznku dh xbZ dkjZokbZ@lek/kku also mentioned. Appreciation letters issued by customers
dk Hkh mYys[k fd;k tkrk gSA cSad ds vf/kdkfj;ksa dh lsok dh appreciating the service of officials of the bank are also
ljkguk djrs gq, xzkgdksa }kjk tkjh fd, x, iz'kalk i=k Hkh if=kdk published in the magazine. Bank’s guidelines on important
esa izdkf'kr fd;s tkrs gSaA QhYM LVkQ ds ykHk ds fy, xzkgd issues pertaining to customer service, products and
lsok] mRiknksa vkSj lsokvksa ls lacaf/kr egRoiw.kZ eqíksa ij cSad ds services are highlighted in the magazine for the benefit of
fn'kkfunsZ'kksa dks if=kdk esa gkbykbV fd;k tkrk gSA field staff.
 cSad ds mRiknksa vkSj lsokvksa ds ckjs esa QhYM LVkQ ds chp  Theme Based Meetings are being conducted at monthly
intervals in all branches on a pre-decided date and theme
tkx:drk c<+kus vkSj mUgsa vfr egRoiw.kZ eqíksa ds ckjs esa tkx:d
to improve awareness among field staff about bank’s
djus ds fy, lHkh 'kk[kkvksa esa ekfld varjky ij Fkhe vk/kkfjr products and services, and to sensitize them about the
cSBdsa iwoZ&fu/kkZfjr frfFk vkSj Fkhe ij vk;ksftr dh tk jgh gSaA issues of maximum importance.
 cSad esa Mksj LVkWi cSa¯dx lsok,¡ miyC/k gSA ;g ,d ,slh lqfo/kk  Door Step banking services is available in the Bank. It
gS ftlds }kjk xzkgd 100 dsaæksa ij osaMj ds ek/;e ls ?kj ij gh is a facility by which customers can avail many of the
financial/non-financial banking services at home through
dbZ foÙkh;@xSj&foÙkh; cSa¯dx lsokvksa dk ykHk mBk ldrs gSaA ;g
the Vendors at 100 centers. It provides convenience to the
xzkgdksa dks vius ?kj ls fofHkUUk izdkj dh cSa¯dx lsok,a izkIr djus customers to access different type of banking services from
dh lqfo/kk iznku djrk gSA their Door Step.
 f'kdk;rksa ds Rofjr lek/kku ds fy, cSad us leLr vapy  For faster resolution of complaints Bank has designated
dk;kZy;@eaMy dk;kZy; Lrj ij mi vapy izca/kd@mi eaMy Chief Customer Executive Officer (CCEO) with the rank
of Dy. Zonal Manager/Dy. Circle Head at all ZOs/COs
izeq[k ds in okys eq[; xzkgd dk;Zikyd vf/kdkjh ¼lhlhbZvks½ dks
68
ukfer fd;k gS] ftuls xzkgd viuh f'kdk;r ds fuokj.k ds fy, level whom a customer can approach for redressal of his
laidZ dj ldrk gSA eq[; xzkgd dk;Zikyd vf/kdkjh ¼lhlhbZvks½ grievance. The contact details of CCEOs have also been
displayed at Bank’s website.
dk laidZ fooj.k cSad dh osclkbV ij Hkh izn£'kr fd;k x;k gSA
 p;fur f'kdk;rksa dks muds lek/kku ds lkFk vkt ds ea=k&  Selected complaints along with their solutions are displayed
*leL;k vkSj lek/kku* ds ek/;e ls fu;fer vk/kkj ij izn£'kr through Today’s Mantra- ‘SAMASYA & SAMADHAAN’ on
regular basis, so that field functionaries can provide quick/
fd;k tkrk gS] rkfd QhYM ds inkf/kdkjh leku izÑfr dh
on the spot resolution to customers on complaints of the
f'kdk;rksa ij xzkgdksa dks Rofjr@ekSds ij lek/kku iznku dj ldsaA similar nature.
 dkWy lsaVj esa lh,l, ds fy, fu;fer izf'k{k.k l=k vk;ksftr  Regular training sessions are arranged at Call Centre for
fd, tkrs gSa rkfd os xzkgdksa dh dkWy dks vPNh rjg ls gSaMy CSAs so that they can handle customers call properly
dj ldsa vkSj xzkgdksa dks mRiknksa@lsokvksa ds ckjs esa lgh@uohure & resolve their trivial issues by giving correct/latest
information that customer wants about the products/
tkudkjh nsdj mudh NksVh NksVh leL;kvksa dk lek/kku dj
services.
ldsaA
 lks'ky ehfM;k ¼Qslcqd vkSj fV~oVj½ ij fu;fer vk/kkj ij  Creatives have been published at Social Media (Facebook
fØ,fVo izdkf'kr fd, x, gSa rkfd xzkgd dks feLM dkWy ij cSysal &Twitter) on regular basis to educate customer about
Banks service such as, Balance enquiry on Missed Call, and
iwNrkN djus] vkSj /kks[kk/kM+h okys dkWy ij viuh fØMsfU'k;y
not to share their credentials over fraudulent calls and for
lkÖkk u djus vkSj tek [kkrs esa ukekadu ntZ djus laca/kh cSad lsok registering nomination in deposit account.
ds ckjs esa f'kf{kr fd;k tk ldsA
 foÙk o"kZ* 2021&22 ds nkSjku] dqy 1]46]759 f'kdk;rksa esa ls ¼vFkkZr]  During FY 2021-22, out of a total number of 1,46,759
complaints (i.e., 7,175 complaints outstanding as on
31 ekpZ] 2021 rd 7]175 yafcr f'kdk;rsa vkSj foÙk o"kZ 2021&22
31st March, 2021, and 1,39,584 complaints received during
ds nkSjku izkIr 1]39]584 f'kdk;rsa½] lhthvkj,e,l iksVZy esa 31 FY 2021-22), 1,45,852 complaints were resolved up to the
ekpZ] 2022 rd 1]45]852 f'kdk;rksa dk lek/kku f'kdk;rdrkZ dh satisfaction of the complainant, till 31st March, 2022 in
larqf"V rd dj fn;k x;k FkkA CGRMS Portal.
 blds vykok] foÙk o"kZ 2021&22 ds nkSjku] dqy 16]80]065  Further, during FY 2021-22, out of a total number of
f'kdk;rksa esa ls ¼vFkkZr] 31 ekpZ] 2021 rd 81]389 yafcr f'kdk;rsa 16,80,065 complaints (i.e., 81,389 complaints outstanding
vkSj foÙk o"kZ 2021&22 ds nkSjku izkIr 15]98]676 f'kdk;rsa½] as on 31st March, 2021, and 15,98,676 complaints received
lhvkj,e iksVZy esa 31 ekpZ] 2022 rd 16]50]370 f'kdk;rksa dk during FY 2021-22), 16,50,370 complaints were resolved
up to the satisfaction of the complainant, till 31st March,
lek/kku f'kdk;rdrkZ dh larqf"V rd dj fn;k x;k FkkA
2022 in CRM Portal.
,y- cSad esa jktHkk"kk ¯gnh dk dk;kZUo;u% L. IMPLEMENTATION OF OFFICIAL LANGUAGE

iatkc uS'kuy cSad jktHkk"kk ¯gnh ds dk;kZUo;u esa lnSo vxz.kh jgk gSA Punjab National Bank has always been a pioneer in the
foÙkh; o"kZ 2021&22 ds nkSjku vkids cSad us ¯gnh ds iz;ksx dks c<+kus implementation of the Official Language Hindi. During the
rFkk jktHkk"kk foHkkx] x`g ea=kky; Hkkjr ljdkj] lalnh; jktHkk"kk Financial Year 2021-22, Bank continued to make concerted
efforts to increase the use of Hindi and compliance of guidelines
lfefr vkSj foÙkh; lsok,a foHkkx] foÙk ea=kky; ls izkIr fn'kkfunsZ'kksa
received from Department of Official Language, Ministry
dk vuqikyu djus ds lkFkZd iz;kl tkjh j[ksA jktHkk"kk foHkkx] x`g of Home Affairs, GoI, Committee of Parliament on Official
ea=kky;] Hkkjr ljdkj }kjk tkjh ok£"kd dk;ZØe 2021&22 esa fu/kkZfjr Language and Department of Financial Services, Ministry of
fofHkUUk {ks=kokj y{;ksa dks izkIr djus gsrq cSad }kjk Bksl ,oa dkjxj Finance. Concrete and effective steps were taken by the Bank to
dne mBk, x, ftlds ifj.kkeLo:i vf/kdka'k y{;ksa dks izkIr dj achieve various region wise targets set in the Annual Program
fy;k x;k gSA 2021-22 issued by the Department of Official Language, Ministry
of Home Affairs, Government of India, as a result, most of the
targets have been achieved.
jktHkk"kk dk;kZUo;u ds {ks=k esa fd;s x, fo'ks"k Special works done in the Field of Official Language
Implementation
dk;Z %
cSad dh ;kstukvksa vkSj mRiknksa ls lacaf/kr izpkj & izlkj vfHk;kuksa esa Hindi and Regional Languages were used in publicity and
¯gnh vkSj {ks=kh; Hkk"kkvksa dk iz;ksx fd;k x;kA promotional campaigns related to the schemes and products
of the Bank.
69
 cSad ds bZ&y²ux iksVZy ih,uch ;qfuo ij LVkQ lnL;ksa ds fy,  Online Hindi quiz for staff members was conducted on
vkWuykbu ¯gnh iz'uksÙkjh dk vk;kstu fd;k x;kA Bank’s e-Learning portal PNB UNIV.
 lkbcj lqj{kk 'kCnkoyh ¯gnh esa rS;kj dh xbZA  Cyber Security Glossary prepared in Hindi.
 vf/kdkfj;ksa dks ¯gnh uks¯Vx esa lgk;rk iznku djus ds fy, ^ûks¯Vx  “Noting Sahayika” was prepared to help the officers in
lgkf;dk** rS;kj dh xbZ ftldk foekspu MkW lqehr tSjFk] vkbZ-,- Hindi noting which was released by Dr. Sumeet Jerath,
,l] lfpo] jktHkk"kk] x`g ea=kky;] Hkkjr ljdkj }kjk fd;k x;kA IAS, Secretary, Official Language, Ministry of Home Affairs,
Government of India.
 vf[ky Hkkjrh; Lrj ij varj cSad ¯gnh fuca/k izfr;ksfxrk dk  Inter Bank Hindi Essay Competition was organized at All
vk;kstu fd;k x;kA India level.
 cSad }kjk o"kZ 2021&22 ds nkSjku ekSfyd ¯gnh iqLrd ys[ku  During FY 2021-22, total 4 books were awarded by the
;kstuk ds varxZr dqy 4 iqLrdksa dks iqjLÑr fd;k x;kA Bank under the Original Hindi Book Writing Scheme.
 ok£"kd dk;ZØe vkSj cksMZ }kjk fof/kor vuqeksfnr jktHkk"kk  Intensive monitoring was done to achieve targets set in
dkWiksZjsV dk;Z ;kstuk esa fu/kkZfjr y{;ksa dks izkIr djus ds fy, Annual Programme and Corporate Action Plan of Official
xgu fuxjkuh dh xbZA Language duly approved by the Board
 cSad esa ¯gnh ds iz;ksx dks c<+kus ds fy, ykyk yktir jk; jktHkk"kk  Prizes were awarded to offices/staff doing excellent work
'khYM ;kstuk ,oa vU; izksRlkgu ;kstukvksa ds varxZr fgUnh esa in Hindi under Lala Lajpat Rai Shield Yojana and various
mRÑ"V dk;Z djus okys dk;kZy;ksa@deZpkfj;ksa dks iqjLdkj iznku other incentive schemes to increase the use of Hindi in the
fd, x,A Bank.
 cSad dh =kSekfld x`g if=kdk Þih,uch izfrHkk** vkSj vapy  Quarterly house magazine of the Bank “PNB Pratibha”
dk;kZy;ksa dh v/kZok£"kd ¯gnh if=kdk,a fu;fer :i ls izdkf'kr and half yearly Hindi magazines of the Zonal Offices were
dh xbZA published regularly.
 foÙkh; o"kZ 2021&22 ds nkSjku cSad us flracj 2021 ekg dks ¯gnh  During the FY 2021-22, the Bank celebrated the month of
ekg ds :i esa euk;k vkSj 14 flrEcj 2021 dks iz/kku dk;kZy; September 2021 as Hindi month and on 14th September
ds lkFk&lkFk fofHkUUk dk;kZy;ksa esa ¯gnh fnol dk HkO; vk;kstu 2021, a grand celebration of Hindi Diwas was organized
in Head Office and its various offices. During this period
fd;k x;kA bl vof/k ds nkSjku fofHkUUk dk;ZØeksa@izfr;ksfxrkvksa
various programs/competitions were organized and prizes
dk vk;kstu fd;k x;k vkSj fotsrkvksa dks izca/k funs'kd ,oa eq[; were given to the winners by the Managing Director and
dk;Zikyd vf/kdkjh egksn; rFkk dk;kZy; izeq[kksa }kjk iqjLdkj CEO and Heads of the Offices.
iznku fd, x,A
 cSad ds fofHkUUk dk;kZy;ksa }kjk ns'k Hkj esa 29 uxj jktHkk"kk  PNB has efficiently discharged the responsibility of
dk;kZUo;u lfefr;ksa ds la;kstd dh ftEesnkjh dk dq'kyrkiwoZd convener of 29 Town Official Language Implementation
fuoZgu fd;k x;kA bu lfefr;ksa dh v/kZok£"kd cSBdsa fu;fer :i Committees across the country. Half yearly meetings
ls vk;ksftr dh xbZa vkSj o"kZ ds nkSjku ¯gnh izfr;ksfxrk,a] ¯gnh of these committees were held regularly and Hindi
competitions, Hindi workshops, Hindi seminars etc. were
dk;Z'kkyk,a] ¯gnh lsfeukj vkfn vk;ksftr fd, x,A organized during the year.
cká fujh{k.k@jktHkk"kk laxks"Bh@lEesyu% External Inspection / Official Language Seminar/Conference

 A discussion meeting was organized on 3rd March, 2022 by
 lalnh; jktHkk"kk lfefr dh vkys[k ,oa lk{; milfefr }kjk
the Drafting and Evidence Sub-Committee of Parliament on
fnukad 3 ekpZ] 2022 dks fnYyh cSad ujkdkl ¼la;kstd ih,uch½ Official Language with the Chairman of Delhi Bank Nagar
ds v/;{k ,oa blds 05 lnL; dk;kZy;ksa ds lkFk fopkj&foe'kZ Rajbhasha Karyanvayan Samiti (NARAKAS) (Convener
cSBd dk vk;kstu fd;k x;kA blds vykok foÙk ea=kky; rFkk PNB) and its 5 member offices. Apart from this, the official
x`g ea=kky; }kjk gekjs fofHkUUk vapy@eaMy dk;kZy;ksa dk Hkh language inspections of Bank’s various Zonal/Circle Offices
jktHkk"kk fujh{k.k fd;k x;k rFkk cSad }kjk ¯gnh ds mÙkjksÙkj were also done by the Ministry of Finance and the Ministry
fodkl dh fn'kk esa fd, tk jgs dk;ks± dh ljkguk dh xbZA of Home Affairs and the work was being done by the
bank towards the progressive development of Hindi was
appreciated.
70
 MkW- lqehr tSjFk] vkbZ-,-,l] lfpo] jktHkk"kk] x`g ea=kky;] Hkkjr  In the graceful presence of Dr. Sumeet Jerath, IAS, Secretary,
ljdkj dh xfjeke;h mifLFkfr rFkk cSad ds izca/k funs'kd ,oa Official Language, Ministry of Home Affairs, Government of
eq[; dk;Zikyd vf/kdkjh dh v/;{krk esa cSad ds loksZPp izca/koxZ India & under the Chairmanship of MD & CEO an All India
Official Language Seminar was organized on 29th June,
,oa dk;Zikydksa rFkk QhYM ls vapy izeq[k o jktHkk"kk vf/kdkfj;ksa 2021 at Head Office, Dwarka for the top Management
ds fy, iz/kku dk;kZy;] }kjdk esa fnukad 29 twu] 2021 dks vf[ky and Executives of the Bank & Zonal Managers and
Hkkjrh; jktHkk"kk laxks"Bh dk vk;kstu fd;k x;k ftlesa ^12iz* dh Official Language Officers from the field in which detailed
j.kuhfr] ^yhyk* ,si ,oa Le`fr vk/kkfjr vuqokn Vwy ^daBLFk* ij information was given on the strategy of ‘12ç’, ‘Leela’ app
foLr`r tkudkjh nh xbZA and memory based translation tool KANTHASTH.
 cSad }kjk fnukad 14 ekpZ] 2022 ,oa 15 ekpZ] 2022 dks dk£ed  A two-days All India “Rajbhasha Sammelan cum Review
Meeting” was organized by the Bank at Staff Training
izf'k{k.k dsaæ] flfoy ykbUl] ubZ fnYyh esa {ks=k ^d* ,oa {ks=k ^[k* esa
Collage, Civil Lines, New Delhi on 14th March, 2022 and
fLFkr cSad ds dk;kZy;ksa esa inLFk jktHkk"kk vf/kdkfj;ksa ds fy, rFkk 15th March, 2022 for the Official Language Officers posted
fnukad 24 ekpZ] 2022 ,oa 25 ekpZ] 2022 dks y[kuÅ esa {ks=k ^[k* ,oa in the Bank’s offices located in Region ‘A’ and Region ‘B’
{ks=k ^x* esa fLFkr cSad ds dk;kZy;ksa esa inLFk jktHkk"kk vfèkdkfj;ksa and second two-days All India “Rajbhasha Sammelan cum
ds fy, nks fnolh; vf[ky Hkkjrh; ^^jktHkk"kk lEesyu lg leh{kk Review Meeting” was organized by the Bank in Lucknow
cSBd** dk vk;kstu fd;k x;kA on 24th March, 2022 and 25th March, 2022 for Official
Language Officers posted in the Bank’s offices located in
Region ‘B’ and Region ‘C’.
 cSad }kjk vapyokj jktHkk"kk laca/kh leh{kk gsrq lHkh vapy  Online Annual review meetings of all the Zonal Offices
were organized by the Bank for Zone wise official language
dk;kZy;ksa dh ok£"kd leh{kk cSBdksa dk vkWuykbu vk;kstu fd;k review, in which all the subordinate Circle Offices of
x;k ftlesa lacaf/kr vapy ds v/khuLFk leLr eaMy dk;kZy;ksa respective zones also participated.
}kjk Hkh lgHkkfxrk dh xbZA
Progress made in the use of Hindi in Information Technology
lwpuk izkS|ksfxdh esa ¯gnh ds iz;ksx esa gqbZ izxfr%
 Internet banking facility was made available to the
 xzkgdksa ds fy, ¯gnh rFkk vaxzsth ds vykok 7 {ks=kh; Hkk"kkvksa esa customers in 7 regional languages besides Hindi and
baVjusV cSa¯dx dh lqfo/kk miyC/k djokbZ xbZA English.
 xzkgdksa ds fy, ,Vh,e esa ¯gnh rFkk {ks=kh; Hkk"kkvksa dk fodYi rFkk  Option of Hindi and regional languages and facility to print
ysunsu iphZ ¯gnh esa ¯izV djus dh lqfo/kk miyC/k gSA transaction slip in Hindi is available for customers at ATMs.
 xzkgdksa ds fy, eksckby ,fIyds'ku ^îh,uch ou** esa ¯gnh rFkk  Facility to make transactions in 10 Regional Languages
vaxzsth ds vykok 10 {ks=kh; Hkk"kkvksa esa ysunsu djus dh lqfo/kk apart from Hindi and English has been made available to
the customers in the mobile application “PNB ONE”.
miyC/k djokbZ xbZA
 The Bank provides an option to its customers to receive
 cSad }kjk vius xzkgdksa dks mudh ekr`Hkk"kk ¼¯gnh] ckaXyk] xqtjkrh] banking SMS alerts in their mother tongue (Hindi, Bangla,
dUUkM+] ey;kye] ejkBh] vksfM;k] iatkch] rfey] rsyqxq ,oa mnwZ½ Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi,
esa cSa¯dx laca/kh ,l,e,l vyVZ izkIr djus dk fodYi miyC/k gS Tamil, Telugu and Urdu) and SMS send in the language
rFkk xzkgdksa }kjk pquh xbZ Hkk"kk esa ,l,e,l Hksts tkrs gSaA chosen by the customer.
 Bank’s website is in bilingual form and Hindi language
 cSad dh osclkbV f}Hkk"kh :i esa gS rFkk cSad ds ^îhgw pSVcksV** esa option has been made available to the customers in the
xzkgdksa ds fy, ¯gnh Hkk"kk dk fodYi miyC/k djok;k x;kA Bank’s “Pihu Chatbot”.
 cSad }kjk izfrfnu deZpkfj;ksa ds fy, ,d cSa¯dx fo"k; ls lacaf/kr  Every day a podcast on a Banking topic in Hindi is released
ikWMdkLV ¯gnh esa tkjh fd;k tkrk gSA by the bank for the employees.
 Online Hindi reporting of all Branches, Circles, Zones and
 lHkh 'kk[kkvksa] eaMyksa] vapyksa vkSj iz/kku dk;kZy; ds izHkkxksa dh
Divisions of Head Office was done on the Official Language
vkWuykbu ¯gnh fjiks²Vx jktHkk"kk osc iksVZy ij dh xbZA web portal.
 dksfoM& 19 egkekjh ds dkj.k opqZvy ¯gnh dk;Z'kkyk,a]  Due to COVID-19 pandemic, virtual Hindi workshops,
izfr;ksfxrk,a] bZ&osfcukj] bZ&fujh{k.k dk HkkSfrd eksM ds vykok competitions, e-webinars, e-Inspections were organized
fMftVy IysVQkWeZ ds ek/;e ls vk;kstu fd;k x;kA through digital platforms apart from physical mode.
 fQusdy vkSj ,pvkj,e,l esa f}Hkkf"kd lkW¶Vos;j ds ek/;e  Facility is available to print Passbook, CDR/FDR in Hindi
ls iklcqd] lhMhvkj@ ,QMhvkj ¯gnh esa ¯izV djus rFkk LVkQ and doing service related work of staff members in Hindi
lnL;ksa ds lsok laca/kh dk;Z ¯gnh esa djus dh lqfo/kk miyC/k gSA through bilingual software in Finacle and HRMS.
71
 LVkQ lnL;ksa dks dEI;wVj ij fgUnh esa dk;Z djus rFkk ¯gnh ds  Trainings were given to the staff members to work in Hindi
fofHkUUk bZ&VwYl dk izf'k{k.k fn;k x;kA on computer and various e-Tools of Hindi.
,e- ih,uch dh vuq"kafx;ka vkSj {ks=kh; xzkeh.k cSad M. PNB’S SUBSIDIARIES AND REGIONAL RURAL
BANKS
 ?kjsyw  DOMESTIC
i. ih,uch fxYV~l fyfeVsM % foÙk o"kZ 2021&22 ds nkSjku] _.k i. PNB Gilts Ltd: During FY 2021-22, debt market was
cktkj dks izfrQy esa Øfed etcwrh ds lkFk o"kZ dh nwljh characterised with gradual firming up of yields, with
accentuated firming in the second half of the year. In the
Nekgh esa etcwrh ds lkFk fpfUgr fd;k x;k FkkA o"kZ dh igyh first half of the year, yields remained largely anchored as
Nekgh esa] izfrQy dkQh gn rd fLFkj jgk D;ksafd ekSfæd the monetary policy committee (MPC) continued with
uhfr lfefr ¼,eihlh½ us vius mnkj fodkl&leFkZd #[k dks its accommodative growth-supportive stance and also
tkjh j[kk vkSj th,l,ih ds ek/;e ls ljdkjh izfrHkwfr;ksa dh undertook government securities purchases through
[kjhn Hkh dhA foÙk o"kZ 2021&22 dh izFke Nekgh ds nkSjku] G-SAP. During H1FY 2021-22, RBI purchased securities
aggregating Rs. 1,90,000 Crore on a net basis, which
vkjchvkbZ us dqy feykdj 1]90]000 djksM+ #i;s dh izfrHkwfr;ka helped create demand for the large scheduled government
[kjhnha] ftlls o"kZ ds fy, cM+s vuqlwfpr ljdkjh izfrHkwfr;ksa ds securities issuances for the year. In the second half of the
fuxZeu dh ekax iSnk djus esa enn feyhA o"kZ dh nwljh Nekgh year, however, yields remained largely upward bound,
esa] gkykafd] izfrQy dkQh gn rd Åij dh vksj cuk jgk] with Q4 witnessing a sharp spike in yields. A sharp rise
in global crude oil prices and reversal of monetary policy
pkSFkh frekgh esa izfrQy esa rst o`f) ns[kh xbZA oSf'od dPps
by various emerging market and advanced economies
rsy dh dherksa esa rst o`f) vkSj fofHkUUk mHkjrs cktkjksa vkSj pushed both global and domestic yields higher during Q4
mUUkr vFkZO;oLFkkvksa }kjk ekSfæd uhfr ds myVus ls foÙk o"kZ FY 2021-22. The rise in yields was aggravated by higher-
2021&22 dh pkSFkh frekgh ds nkSjku oSf'od vkSj ?kjsyw nksuksa rjg than-expected indicative calendar of market borrowings
ds izfrQy esa o`f) gqbZA dsaæh; ctV 2022&23 esa ladsfrr dsaæ of State Governments/Union Territories, planned market
borrowings by the Centre indicated in the Union Budget
}kjk jkT; ljdkjksa @ dsaæ 'kkflr izns'kksa ds cktkj m/kkjh] 2022-23. The cancellation of two consecutive central
fu;ksftr cktkj m/kkjh ds mPp&visf{kr lkadsfrd dSysaMj }kjk government bond auctions, however, tempered the
izfrQy esa o`f) dks c<+k fn;k x;k FkkA gkykafd] dsaæ ljdkj dh hardening of domestic yields towards the close of the
yxkrkj nks ckaM uhykfe;ksa dks jí djus ls foÙkh; o"kZ dh lekfIr Financial Year.
ij ?kjsyw izfrQy esa deh vkbZA
o"kZ ds nkSjku 10&o"kZ ds csapekdZ izfrQy us Øe'k% 6-95% vkSj During the year, the 10-yr benchmark yield touched a high
5-97% ds mPp vkSj fuEu Lrj dks Nqvk vkSj 31 ekpZ] 2022 dks and low of 6.95 per cent and 5.97 per cent respectively and
closed at 6.86 per cent as on 31st March,2022.
6-86% ij can gqvk A
vfLFkj cktkj n'kkvksa dh i`"BHkwfe esa] ih,uch fxYV~l fyfeVsM us Against the backdrop of deteriorating market conditions,
PNB Gilts Ltd. continued to fulfil all its obligations as a
vkjchvkbZ }kjk vf/knsf'kr izkFkfed vkSj f}rh;d cktkj nksuksa esa
Primary Dealer mandated by RBI both in Primary and
izkFkfed Mhyj ds :i esa vius lHkh nkf;Roksa dks iwjk djuk tkjh Secondary market. Company posted a Profit before Tax
j[kkA daiuh us foÙk o"kZ 2021&22 ds nkSjku 210-15 djksM+ #i;s (PBT) of Rs. 210.15 Crore during FY 2021-22 vis-à-vis PBT
dk dj iwoZ ykHk ¼ihchVh½ ntZ fd;k] tcfd foÙk o"kZ 2020&21 of Rs. 614.35 Crore during FY 2020-21. Profit after Tax (PAT)
ds nkSjku ihchVh 614-35 djksM+ #i;s FkkA foÙk o"kZ 2021&22 ds amounted to Rs. 165.71 Crore during FY 2021-22 as against
nkSjku dj ds ckn ykHk ¼ih,Vh½ 165-71 djksM+ #i;s jgk] tcfd Rs. 454.12 Crore during FY 2020-21. Capital adequacy
foÙk o"kZ 2020&21 ds nkSjku ;g 454-12 djksM+ #i;s FkkA iwath remains strong with its capital to risk weighted assets ratio
i;kZIrrk 31 ekpZ] 2022 dks 66-41 izfr'kr ¼31 ekpZ] 2021 dks (CRAR) at 66.41 per cent as on 31st March, 2022 (45.58
per cent as on 31st March, 2021) well above the regulatory
45-58 izfr'kr½ ij tksf[ke Hkkfjr laifÙk vuqikr ¼lhvkj,vkj½
minimum of 15 per cent for PDs.
ds lkFk viuh iwath ds lkFk etcwr cuh gqbZ gS] tks ihMh ds fy,
fu;ked U;wure 15 izfr'kr ls dkQh Åij gSA
ii. ih,uch bUosLVesaV l£olst fyfeVsM% daiuh vius ifjpkyu ii. PNB Investment Services Ltd: The Company is a profit-
ds igys o"kZ ls gh ykHk v£tr djus okyh daiuh gSA 31 ekpZ] making company from the very first year of its operations.
2021 dks lekIr o"kZ ds nkSjku] daiuh us 5-33 djksM+ #i;s dh During the year ended 31st March, 2022 the Company
registered operational (fee-based) income of Rs. 9.59
'kqYd&vkèkkfjr vk; vkSj 8-02 djksM+ #i;s dh dqy vk; ds Crore and total income of Rs. 12.10 Crore as against a fee-
eqdkcys 31 ekpZ] 2022 dks lekIr o"kZ ds nkSjku 9-59 djksM+ #i;s
72
dh ifjpkyu ¼'kqYd&vk/kkfjr½ vk; vkSj 12-10 djksM+ #i;s dh based income of Rs. 5.33 Crore and total income of Rs. 8.02
dqy vk; v£tr dhA 31 ekpZ] 2022 dks lekIr vof/k ds nkSjku Crore for the year ended 31st March, 2021. Profit before
dj iwoZ ykHk 6-10 djksM+ #i;s Fkk] tcfd 31 ekpZ] 2021 dks lekIr Tax during the period ended 31st March, 2022 was Rs. 6.10
Crore as against Rs. 1.87 Crore for the period ended 31st
vof/k ds fy, 1-87 djksM+ #i;s FkkA March, 2021.
daiuh dkWiksZjsV ,Mokbtjh] eps±V cSa¯dx vkSj flD;ksfjVh VªLVh uke The company operates in three verticals, namely Corporate
ds rhu o£Vdy esa dk;Z djrh gSA dkWjiksjsV ,Mokbtjh o£Vdy esa] Advisory, Merchant Banking and Security Trustee. In
o"kZ ds nkSjku ih,uchvkbZ,l,y us _.k ¯lfMds'ku] _.k lek/kku the Corporate Advisory Vertical, during the year PNBISL
advised many marquees business groups and corporate
vkSj vU; dkWiksZjsV lykgdkj vlkbuesaV lfgr fofHkUUk ysunsu
clients on various transactions, including debt syndication,
ij VkVk] ,evkjvkbZMhlh] v'kksdk xzqi] jgstk MsoyilZ vkfn tSls debt resolution and other corporate advisory assignments.
dbZ izeq[k O;kikfjd lewgksa dks ijke'kZ fn;k gSA ?kjsyw fuiq.krk ,oa With in-house expertise and deep understanding of select
p;fur {ks=kksa dh xgjh leÖk ds lkFk ih,uchvkbZ,l,y us vius sectors, PNBISL prepared and delivered credible Techno-
xzkgdksa ds fy, fo'oluh; rduhdh&vk£Fkd O;ogk;Zrk ¼VhbZoh½ Economic Viability (TEV) reports to its clients.
rS;kj vkSj laforfjr dh gSA
eps±V cSa¯dx o£Vdy esa] ih,uchvkbZ,l,y us ih,uch ds ;ksX; In Merchant Banking Vertical, PNBISL actively participated
in PNB’s fund-raising transactions of Qualified Institutional
laLFkkxr IyslesaV ¼D;wvkbZih½] fV;j II ckWUM ds /ku mxkgus okys
Placement (QIP) and Tier II Bonds. The involvement in
ysunsu esa lfØ; :i ls Hkkx fy;kA bl ysunsu esa Hkkxhnkjh these transactions varied from advising on compliance
vuqikyu vko';drkvksa ij lykg nsus] izLrko nLrkostksa ds requirements, drafting of offer documents and marketing
izk:i.k vkSj is'kd'kksa ds foi.ku ls fHkUUk FkhA of the offerings.
VªLVhf'ki ¼U;kl/kkfjrk½ O;olk; esa] 'kqYd esa deh djds O;olk; In the Trusteeship business, despite intense competition
esa yacs le; rd u [kM+s gksus okys izfr;ksfx;ksa ls rhoz izfrLi/kkZ ds from entrants not having long standing in the business
ckotwn] daiuh lsokvksa dh xq.koÙkk iznku djds xzkgdksa dks cuk, by slashing fees, the company has been able to maintain
j[kus esa l{ke jgh gSA xzkgdksa dk p;u djrs le; ,d lrdZ the clients by providing quality of services. A cautious
strategy has been adopted while selecting the clients, so
j.kuhfr viukbZ xbZ gS] rkfd ;g lqfuf'Pkr fd;k tk lds fd dsoy
as to ensure only credible clients are on-boarded. With
fo'oluh; xzkgd gh 'kkfey gksaA viuh Rofjr vkSj xq.koÙkkiw.kZ its prompt and quality service as also realigning our card
lsok ds lkFk&lkFk cktkj dh vko';drk ds lkFk gekjs dkMZ dh rates with market requirement, the company continues to
njksa dks iqu% O;ofLFkr djus ds lkFk] daiuh u, xzkgdksa dks tksM+uk add on new clients and build on its strategy to be a trusted
tkjh j[krh gS vkSj vxz.kh cSadksa vkSj dkWjiksjsV~l ds fo'oluh; partner of leading banks and corporates.
Hkkxhnkj cuus dh viuh j.kuhfr ij fuekZ.k djrh gSA
vkxs c<+rs gq,] daiuh ewy cSad vkSj mlds lHkh fgr/kkjdksa dks Going forward, the company is poised to build on its
vfèkd ewY; iznku djus ds fy, ØsfMV ewY;kadu vkSj _.k capabilities across business verticals such as credit appraisal
¯lfMds'ku lsokvksa] VhbZoh ijke'kZ] eps±V cSa¯dx lsokvksa vkSj lqj{kk & debt syndication services, TEV consultancy, Merchant
VªLVhf'ki lsokvksa tSls O;kolkf;d dk;Z{ks=kksa esa viuh {kerkvksa dk Banking services and Security Trusteeship services to offer
greater value to the parent bank and all its stake holders.
fuekZ.k djus ds fy, rS;kj gSA
iii. ih,uch dkM~lZ ,aM l£olst fyfeVsM% cSad ds ØsfMV dkMZ iii. PNB Cards & Services Limited: The Company has been
O;olk; ls lacaf/kr O;kolkf;d lgk;rk lsok,a iznku djus ds incorporated on 16th March, 2021 as a Non-Financial
Entity for providing Business Support services related to
fy, daiuh dks 16 ekpZ] 2021 dks ,d xSj&foÙkh; bdkbZ ds :i Credit Card Business of the Bank. Currently, the company
esa 'kkfey fd;k x;k gSA orZeku esa] daiuh xzkgd vf/kxzg.k vkSj is providing its services for customer acquisition and
eps±V VkbZ vi ds fy, viuh lsok,a iznku dj jgh gSA foÙk o"kZ merchant tie ups. During FY' 2021-22, being the first year
2021&22 ds nkSjku] ifjpkyu dk igyk o"kZ gksus ds dkj.k] daiuh of operations, the company has earned revenue from
us ifjpkyu ls 2-60 djksM+ #i;s dk jktLo vkSj 0-13 djksM+ operations of Rs. 2.60 Crore and Net profit after Tax of Rs.
#i;s ds dj ds ckn fuoy ykHk v£tr fd;k gSA daiuh csgrj 0.13 Crore. The company will operate on feet-on-street
xzkgd vuqHko ds fy, cks²Mx IysVQkWeZ ij fMftVy ds lkFk&lkFk model with its sales executives sourcing of Credit Cards
laHkkfor cktkj esa ØsfMV dkMZ dh lks²lx ds fy, vius fcØh in the potential market along with digital on boarding
platforms for better customer experience.
vfèkdkfj;ksa ds lkFk QhV&vkWu&LVªhV ekWMy ij dke djsxhA
73
 varjjk"Vªh;  INTERNATIONAL
i. ih,uch vUrjkZ"Vªh; fyfeVsM ¼ih,uchvkbZ,y½% i. PNB International Limited (PNBIL): PNBIL continues to serve
ih,uchvkbZ,y ewjxsV] byQksMZ] osEcyh] lkmFkgkWy] yhlsLVj] its customers in London and Midlands through network
c²e?ke vkSj okWYojgSEIVu esa fLFkr lkr 'kk[kkvksa ds usVodZ ds of seven branches located at Moorgate, llford, Wembley,
Southall, Leicester, Birmingham and Wolverhampton.
ek/;e ls yanu vkSj feMySaM~l esa vius xzkgdksa dh lsok tkjh j[ks
gq, gSA
;gk¡ rd fd dksfoM egkekjh ds nkSjku Hkh cSad us lqpk: ,oa lqjf{kr Even during the COVID pandemic the Bank ensured to
rjhds ls vius xzkgdksa dks lHkh lsok,¡ iznku djuk lqfuf'Pkr provide all services to customers in smooth and safe
fd;k gSA foÙkh; o"kZ 2021&22 ds nkSjku] ih,uchvkbZ,y dk dqy manner. During FY 2021-22, the total business of PNBIL
increased from 1755 USD Million to 1825 USD Million
O;olk; 1755 USD fefy;u ls c<+dj 1825 USD fefy;u gks
thus showing growth of 4 per cent under challenging
x;k gS tks izfrLi/khZ ifjfLFkfr;ksa esa LoLFk ykHkiznrk ds lkFk 4 circumstances with healthy profitability.
izfr'kr dh o`f) izn£'kr dj jgk gSA
cSad viuh j.kuhfr ds vuq:i ;wds vk/kkfjr fctusl cqd dks The Bank continues to grow the UK based business book
fodflr djuk tkjh j[krk gS vkSj lqjf{kr m/kkj cqd esa mRikn and diversify within the product variants in secured lending
:iksa ds Hkhrj fofo/krk ykrk gSA xzkgd izfr/kkj.k cSad ds fy, book in line with its strategy. Customer retention has been
the focus for the Bank and the Bank is also developing
Qksdl jgk gS vkSj cSad de ykxr okyh [kqnjk tek jkf'k tqVkus ds
Alternate channel to raise low cost retail deposits.
fy, oSdfYid pSuy Hkh fodflr dj jgk gSA
ii. Mªqd ih,uch cSad fyfeVsM% Mªqd ih,uch cSad fyfeVsM] HkwVku] ii. Druk PNB Bank Ltd: Druk PNB Bank Ltd, Bhutan, Banking
cSa¯dx daiuh dk fFkEiw] HkwVku esa dkWiksZjsV dk;kZy; gSA Mªqd ih,uch Company having its corporate office at Thimphu, Bhutan.
It started its operation on 27th January, 2010, in Bhutan as
cSad fyfeVsM us 27 tuojh] 2010 dks ,QMhvkbZ vkSj cSa¯dx {ks=k
the country’s fourth commercial Bank, with a component
esa la;qä m|e nksuksa ds dkWEiksusaV ds lkFk HkwVku esa ns'k ds pkSFks of both FDI and joint venture in the Banking Sector.
okf.kfT;d cSad ds :i esa viuk dk;Z 'kq: fd;k FkkA orZeku esa cSad Presently Bank has 8 branches and 30 ATMs spread across
dh ns'k Hkj esa 8 'kk[kk,¡ vkSj 30 ,Vh,e gSaA Mhih,uch,y dk dqy the country. Total Business of the DPNBL increased to to
dkjksckj 31 ekpZ] 2021 ds #- 2]780 djksM+ ls 12-41% dh o"kZ nj Rs. 3,125 Crore as on 31st March, 2022 from from Rs. 2,780
o"kZ dh o`f) n'kkZrs gq, 31 ekpZ] 2022 dks c<+dj #- 3]125 djksM+ Crore as on 31st March, 2021 showing YoY growth of 12.41
gks x;kA cSad dk dklk vuqikr 31 ekpZ] 2022 dks 42-27% jgkA per cent. CASA Ratio of the Bank stood at 42.27 per cent as
on 31st March, 2022. Profit of the Bank has increased to Rs.
cSad dk ykHk 31 ekpZ] 2021 ds 19-56 djksM+ :i, ls c<+dj 31
22.30 Crore as on 31st March, 2022 from Rs. 19.56 Crore
ekpZ] 2022 dks #- 22-30 djksM+ gks x;kA 31 ekpZ] 2022 dks cSad dh as on 31st March 2021. Paid up capital of the Bank as on
pqdrk iwath 84 djksM+ :i, gSA 31st March, 2022 is Rs.84 Crore.
 {ks=kh; xzkeh.k cSad ¼vkjvkjch½% 31 ekpZ] 2022 dks] cSad }kjk  REGIONAL RURAL BANKS (RRBs): As on 31st March, 2022,
9 vkjvkjch izk;ksftr gSa vFkkZr nf{k.k fcgkj xzkeh.k cSad] iVuk] there are 9 RRBs sponsored by the bank namely Dakshin
loZ gfj;k.kk xzkeh.k cSad] jksgrd] fgekpy izns'k xzkeh.k cSad] Bihar Gramin Bank (DBGB), Patna; Sarva Haryana Gramin
Bank (SHGB), Rohtak; Himachal Pradesh Gramin Bank
eaMh] iatkc xzkeh.k cSad] diqjFkyk izFkek ;wih xzkeh.k cSad] esjB]
(HPGB); Mandi; Punjab Gramin Bank (PGB), Kapurthala;
vklke xzkeh.k fodkl cSad] vklke] caxh; xzkeh.k fodkl cSad] Prathama UP Gramin Bank (PUGB), Meerut; Assam Gramin
if'Pke caxky] f=kiqjk xzkeh.k cSad] vxjryk ,oa ef.kiqj xzkeh.k Vikas Bank (AGVB), Assam; Bangiya Gramin Vikas Bank
cSad] bEQky gSA (BGVB), West Bengal; Tripura Gramin Bank (TGB), Agartala
and Manipur Rural Bank (MRB), Imphal.
;s 9 vkjvkjch 4]613 'kk[kkvksa ds usVodZ ds lkFk 185 ftyksa dks These 9 RRBs are operating in 9 states namely Bihar,
doj djrs gq, ukS jkT;ksa fcgkj] gfj;k.kk] fgekpy izns'k] iatkc] Haryana, Himachal Pradesh, Punjab, Uttar Pradesh, West
Bengal, Assam, Manipur and Tripura covering 185 districts
mÙkj izns'k] if'Pke caxky] vklke] ef.kiqj ,oa f=kiqjk esa dk;Zjr
with a network of 4613 branches.
gSA
i. 31 ekpZ] 2022 dks ih,uch izk;ksftr vkjvkjch dk dqy i. Total Business of sponsored RRBs as on 31st March,
dkjksckj o"kZ&nj&o"kZ 7-59% dh o`f) ntZ djrs gq, 2022 is Rs. 1,88,493 Crore registering a YoY growth of
#- 1]88]493 djksM+ jgkA 7.59 per cent.
74
ii. 31 ekpZ] 2022 dks vkjvkjch dh dqy tekjkf'k 1]21]659 ii. Deposits of RRBs are at Rs. 1,21,659 Crore as on 31st
djksM+ #i;s jghA dqy tekjkf'k;ksa us o"kZ nj o"kZ 8-20% March, 2022. Aggregate Deposits registered a YoY
growth of 8.20 per cent. The CASA deposits of the
dh o`f) ntZ dhA vkjvkjch dh dklk tek jkf'k 31 ekpZ]
RRBs have increased to Rs. 75,143 Crore as on 31st
2021 dks 68]747 djksM+ #i, Fkh tks 31 ekpZ] 2022 esa o"kZ March, 2022 from Rs. 68,747 Crore as on 31st March,
nj o"kZ 9-30% o`f) n'kkZrs gq, 75]143 djksM+ #i;s gks xbZA 2021 with a YoY growth of 9.30 per cent.
iii. 31 ekpZ] 2022 dks vkjvkjch dk vfxze 6-51 izfr'kr dh iii. The advances of the RRBs as on 31st March, 2022
o"kZ nj o"kZ o`f) ds lkFk #- 66]834 djksM+ jgkA stood at Rs. 66,834 Crore with a YoY growth of 6.51
per cent.
iv. vkjchvkbZ ds fn'kkfunsZ'kksa ds vuqlkj vkjvkjch ds iv. As per RBI guidelines it is mandatory for RRBs to meet
the regulatory requirement of CRAR 9 per cent. The
fy, lhvkj,vkj dh 9% dh fu;ked vko';drk dks
RRBs attaining CRAR over and above the regulatory
iwjk djuk vfuok;Z gSA fu;ked vko';drk ls Åij requirement are HPGB (9.47 per cent), PGB (15.56 per
,oa vfèkd lhvkj,vkj izkIr djus okys vkjvkjch cent), PUPGB (13.49 per cent), SHGB (14.10 per cent)
,pihthch ¼9-47%½] ihthch ¼15-56%½] ih;wihthch ¼13- and TGB (30.87 per cent). The RRBs having CRAR less
49%½] ,l,pthch ¼14-10½% vkSj Vhthch ¼30-87%½ gSaA than the regulatory requirement are AGVB (7.59 per
fu;ked vko';drk ls de lhvkj,vkj okys vkjvkjch cent), DBGB (8.35 per cent) MRB (7.24 per cent) and
,thohch ¼7-59%½] Mhchthch ¼8-35%½ ,evkjch ¼7-24%½ BGVB (8.89 per cent) As an outcome of recapitalization
assistance to the RRBs by Centre/ States / Sponsor
vkSj chthohch ¼8-89%½ gSa] tks dsaæ@jkT;ksa@izk;kstd cSad Bank and improvement in operational efficiency these
}kjk vkjvkjch dks iquiw±thdj.k lgk;rk vkSj lq/kkj ds RRBs are expected to achieve CRAR of 9 per cent in
ifj.kkeLo:i gSaA ifjpkyu n{krk esa bu vkjvkjch dks the coming years.
vkus okys o"kks± esa 9% dk lhvkj,vkj gkfly djus dh
mEehn gSA
v. lHkh izk;ksftr vkjvkjch ¼Mhchthch iVuk vkSj v. The sponsored RRBs are in profit (except DBGB Patna
and MRB Imphal) and combined Net profit of the
,evkjch bEQky dks NksM+dj½ ykHk esa gSa vkSj foÙkh; o"kZ
RRBs during the FY 2021-22 is Rs. 184 Crore.
2021&22 ds nkSjku vkjvkjch dk la;qä 'kq) ykHk #- 184
djksM+ gSA
vi. vkjvkjch us rd iz/kkuea=kh tu /ku ;kstuk vi. The RRBs have shown a remarkable growth of 59.85
¼ih,etstschokbZ½ ds ukekadu esa 59-85 izfr'kr dh mRd`"V per cent in enrollment under Pradhan Mantri Jeevan
Jyoti Bima Yojana (PMJJBY).
o`f) ntZ dh gSA
,u- iqjLdkj ,oa lEeku N. AWARDS AND ACCOLADES

cSad ds iz;kl dks fofHkUUk IysVQkWeks± ij ljkgk x;k gSA cSad dks o"kZ Bank’s effort have been recognized at various platforms. The
2021&22 ds fy, lwpuk vkSj izkS|ksfxdh ds {ks=k esa dh xbZ igy gsrq Bank has been conferred the following awards for initiatives
taken in various fields for the year 2021-22:
fuEufyf[kr iqjLdkjksa ls lEekfur fd;k x;k gS%
 Ñf"k _.k] lw{e foÙk] foÙkh; lekos'ku vkSj izkS|ksfxdh viukus  Special Commemorative Award FY' 2021 by NABARD Best
PSU in the fields of Agriculture Credit, Micro Finance,
ds {ks=k esa ukckMZ loZJs"B lkoZtfud miØe }kjk fo'ks"k Lekjd
Financial Inclusion and Technology Adoption.
iqjLdkj 2021A
 Finacle Client Innovation Award by Infosys– Runner Up for
 baQksfll }kjk fQusdy DykbaV buksos'ku vokMZ& ih,uch ds
PNB’s path breaking “Process Innovations”.
iFkizn'kZd Þizkslsl buksos'kuÞ ds fy, mifotsrkA
 ASSOCHAM Runner Up under Digital service under PSB
 ih,lch etZ dh xbZ Js.kh ds rgr fMftVy lsok ds rgr ,lkspSe
Merged Category
mifotsrk
 EASE 3.0 AWARDS
 bZt+ 3-0 iqjLdkj
o Fkhe 3 baLVhV~;w'kuykb¯tx izwMsaV cSa¯dx ds rgr o Runner up under Theme 3 Institutionalizing Prudent
Banking
mifotsrk
o Fkhe 4 xous±l vkSj vkmVde lsafVªd ,pvkj ds rgr o Runner up under Theme 4 Governance and Outcome
Centric HR
mifotsrk
75
o ekpZ cslykbu ls lq/kkj djus okys 'kh"kZ 3 cSadksa esa ls ,d o Amongst Top 3 Banks in Improvement from March
baseline
 ,f'k;u cSadj foÙkh; izkS|ksfxdh uokpkj iqjLdkj 2021 ÞloZJs"B  The Asian Banker Financial Technology Innovation Award
dksj&cSa¯dx izkS|ksfxdh dk;kZUo;uA 2021 “Best Core-banking Technology Implementation.
 jktHkk"kk fgUnh ds izpkj gsrq o"kZ 2020&21 ds fy, jktHkk"kk dh£r  Rajbhasha Kirti Award for the year 2020-21, promoting
iqjLdkjA Official language Hindi.
 bysDVªkWfud vkSj lwpuk izkS|ksfxdh ea=kky; }kjk fMftVy Hkqxrku  2nd highest percentage of digital payment Transactions
ysunsu dk nwljk mPpre izfr'kr ÞmRd"kZ iqjLdkjÞ fMth&/ku “Utkarsh Puraskar” Digi-Dhan Award 2019-20 by Ministry
iqjLdkj 2019&20 ¼bZ&;w,uvkbZ½ of Electronics & Information Technology
 xzkeh.k fodkl ea=kky; ¼,evksvkjMh½ }kjk ,uvkj,y,e ;kstuk  2nd Best Bank in SHG Credit Linkage under NRLM scheme
ds rgr ,l,pth ØsfMV ¯ydst esa nwljk loZJs"B cSadA by Ministry of Rural Development (MoRD).
 Ñf"k vkSj fdlku dY;k.k ea=kky; }kjk 'kq: fd, x, Ñf"k  1st position amongst peer banks under Agriculture
volajpuk dks"k ¼,vkbZ,Q½ vfHk;ku ds rgr led{kh cSadksa ds Infrastructure Fund (AIF) campaign launched by Ministry
chp izFke LFkku izkIr fd;kA of Agriculture and Farmers Welfare.
 foÙkh; o"kZ 2020&21 ds fy, ljdkjh ;kstuk ih,ebZthih dks ykxw  3rd Position for its performance in implementing the
djus esa vius izn'kZu gsrq rhljk LFkku izkIr fd;kA Government scheme PMEGP for 2020-21.
 ,lkspSe }kjk 8osa ,e,l,ebZ ,Dlhysal vokMZ esa csLV ,e,l,ebZ  Best MSME Bank (PSU) in 8th MSME Excellence Awards by
cSad ¼ih,l;w½ ASSOCHAM
 ,uih,l fnol ¼01-10-2021½ esa ;ksxnku ds fy, isa'ku fufèk  Felicitated by Pension Fund Regulatory and Development
fofu;ked vkSj fodkl izkf/kdj.k ¼21-12-2021½ }kjk lEekfur Authority (21.12.2021) for contribution towards NPS Diwas
(01.10.2021).
fd;k x;kA
 ih,uch us eSllZ baQksfll ds lkFk la;qä :i ls Þbfuf'k,fVo dksj  “Global Banking & Finance Awards 2021” in the category
lekesyuÞ Js.kh esa ÞXykscy cSa¯dx ,aM Qkbusal vokM~lZ 2021Þ “Initiative Core Amalgamation” jointly with M/s Infosys.
thrkA
 Award of Excellence in Campaign Atal Pension Yojana (APY)
 isa'ku fufèk fofu;ked vkSj fodkl izkfèkdj.k ¼ih,QvkjMh,½
Leadership Capital launched by Pension Fund Regulatory &
}kjk 'kq: dh xbZ vVy isa'ku ;kstuk ¼,ihokbZ½ yhMj'khi dSfiVy Development Authority (PFRDA)
vfHk;ku esa okMZ vkWQ ,Dlhysal izkIr fd;kA
 Dr. Ambedkar Business Excellence Awards under
 lkekftd U;k; vkSj vf/kdkfjrk ea=kky; }kjk cSad us ^êksLV
the Category "Most Significant Lender Supporting
flXuhfQdsaV ysaMj liks²Vx ,llh baVjizsU;ksj** Js.kh ds varxZr SC Entrepreneurs" by Ministry of Social Justice and
MkW- vEcsMdj fctusl ,Dlhysal vokMZ thrkA Empowerment.
O. FUTURE BUSINESS PLAN OF THE BANK
vks- cSad dh Hkkoh dkjksckj ;kstuk
Bank has been able to survive in all the tough conditions
cSad lHkh dfBu ifjfLFkfr;ksa esa xzkgdksa dks lQyrkiwoZd lsok,¡ nsus esa successfully with well-defined strategy. Bank during the year
l{ke jgk gS D;ksafd bldh ,d Li"V j.kuhfr FkhA o"kZ ds nkSjku cSad us continued to provide superior banking experience to its
vius xzkgdksa dks csgrj cSa¯dx vuqHko iznku djuk tkjh j[kkA cSad us customers. Bank also successfully completed its amalgamation
exercise through smooth integration of people and processes
le; lhek ds Hkhrj yksxksa vkSj izfØ;kvksa ds lqpk: ,dhdj.k ds ek/;e
within timeframe.
ls vius lekesyu vH;kl dks Hkh lQyrkiwoZd iwjk fd;kA
There has been immense opportunities awaiting the Banking
cSa¯dx {ks=k esa vkxs c<+us ds fy, vikj laHkkouk,a gSaA lcls igys cSad sector going forward. First of all the Bank will keep its focus
viuk Qksdl fofo/k izdkj ds ØsfMV fodkl ij j[ksxk D;ksafd mEehn on the diversified credit growth as it is expected that the
gS fd foÙk o"kZ 2022&23 esa ,e,l,ebZ vkSj fjVsy lsxesaV ls Hkkjh ekax huge demand will erupt from MSME and Retail segment in
FY 2022-23. With the expected pick up in the credit growth,
c<+sxhA _.k o`f) esa visf{kr o`f) ds lkFk] C;kt vk; esa Hkh o`f) ns[kh tk
interest income may also see an uptick. CASA growth is also
ldrh gSA dklk o`f) Hkh mu {ks=kksa esa ls ,d gS tgka cSad mPp ykHkiznrk one of the areas where the Bank will remain focused for higher
ds fy, è;ku dsafær djsxkA csgrj ifj.kkeksa ds fy, cSad lg;ksx vkSj profitability. The Bank would scale up collaborations and
lkÖksnkjh dks Hkh c<+k,xkA partnerships for better results.
76
vkfLr xq.koÙkk gekjs fy, ppkZ dk fo"k; cuh jgsxh vkSj cSad ,uih, dks Asset quality will continue to be the buzzword for us and the
de j[kus ds fy, dkjZokbZ mUeq[k ;kstuk viuk,xk rkfd dkjksckj o`f) Bank will take up action oriented plans to keep the NPAs low so
that the capital remains available for business growth. Strong
ds fy, iwath miyC/k jgsA cSad ;g lqfuf'Pkr djsxk fd dksbZ ubZ fxjkoV
recovery measures will be driving the improvement in Asset
u gks tks olwyh ds Lrj ij gekjs iz;klksa dks foQy dj nsA lqn`<+ olwyh quality for FY' 2022-23 as well. The thrust area of the Bank
ds mik;ksa ls foÙk o"kZ 2022&23 ds fy, Hkh vkfLr xq.koÙkk esa lqèkkj would be credit monitoring through proactive steps on the basis
gksxkA ruko dks igys gh nwj djus ds fy, fofHkUUk izkjafHkd psrkouh of various early warning signals and address the stress upfront.
ladsrksa ds vk/kkj ij lfØ; pj.kksa ds ek/;e ls cSad dk eq[; tksj _.k
fuxjkuh ij gksxkA
fMftVyhdj.k ij] cSad lqn`<+ rduhdh IysVQkeks± dk fuekZ.k djuk On Digitalization front, Bank will continue to build upon strong
tkjh j[ksxk vkSj lHkh xzkgdksa dks fo'ks"k :i ls rduhd dh leÖk j[kus technological platforms and innovate to provide convenient
okyksa dks lqfo/kktud cSa¯dx lsok,a iznku djus ds fy, uokpkj djsxkA banking services to all the customers especially tech savvy ones.
Bank will tread the path with well delineated strategy so that
cSad lqn`<+ ifjHkkf"kr j.kuhfr ds lkFk ml iFk ij pysxk rkfd 'kk[kkvksa
the potential of the branches may be utilized to the maximum.
dh {kerk dk vf/kdre iz;ksx fd;k tk ldsA
cSad vius ,pvkj dks O;olk; ds fodkl dks c<+kok nsus ds fy, viuk Bank considers its HR as its most important resource to drive
the business growth and will continue to up skill it for holistic
lcls egRoiw.kZ lalk/ku ekurk gS vkSj lexz ekuo lalk/ku ifjorZu ds
HR Transformation. Further, Customer Service and Customer
fy, bls dkS'ky iznku djuk tkjh j[ksxkA blds vykok] xzkgd lsok convenience to be on the priority and Bank will ensure that
vkSj xzkgd lqfo/kk dks izkFkfedrk nh tk,xh vkSj cSad ;g lqfuf'Pkr customer needs are responded promptly and in a positive
djsxk fd xzkgdksa dh t:jrksa dk rRdky vkSj ldkjkRed rjhds manner. It shall be the endeavor of the Bank to remain a
ls izfrmÙkj fn;k tk,A cSad dk ;g iz;kl gksxk fd og de ls de customer friendly bank with minimal grievances.
f'kdk;rksa ds lkFk xzkgd fgrS"kh cSad cuk jgsA
ih- funs'kd eaMy P. BOARD OF DIRECTORS
cSad ds eaMy esa 31-03-2022 rd 05 iw.kZdkfyd funs'kd vFkkZr ,d Board of the Bank compromises of 11 Directors including 05
whole time Directors i.e. One Managing Director & CEO and
izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh vkSj pkj dk;Zikyd
four Executive Directors as on 31st March, 2022. During the
funs'kd lfgr dqy 11 funs'kd 'kkfey gSA foÙkh; o"kZ 2021&22 ds Financial Year 2021-22, the following changes took place in the
nkSjku] funs'kd eaMy dh lajpuk esa fuEufyf[kr ifjorZu gq,% composition of Board of Directors:
 Jh vKs; dqekj vktkn us 30-04-2021 dks dk;Zikyd funs'kd ds  Shri Agyey Kumar Azad completed his tenure as Executive
:i esa viuk dk;Zdky iwjk fd;kA Director on 30.04.2021.
 MkW- vk'kk HkaMkjdj 'ks;j/kkjd funs'kd us 11-09-2021 dks viuk  Dr. Asha Bhandarker, Shareholder Director, completed her
dk;Zdky iwjk fd;kA tenure on 11.09.2021.
 MkW js[kk tSu dks fnukad 12-09-2021 ls cSad ds cksMZ esa 'ks;j/kkjd  Dr. Rekha Jain, has been elected as Shareholder Director on
funs'kd ds :i esa pquk x;k gSA the Board of Bank w.e.f. 12.09.2021.
 Jh dY;k.k dqekj dks fnukad 21-10-2021 ls cSad ds cksMZ esa  Shri Kalyan Kumar has been appointed as Executive
dk;Zikyd funs'kd ds :i esa fu;qä fd;k x;k gSA Director on the Board of Bank w.e.f. 21.10.2021.
 Jh iadt tks'kh dks fnukad 21-12-2021 ls cSad ds cksMZ esa  Shri Pankaj Joshi has been appointed as Part time Non-
Official Director on the Board of Bank w.e.f. 21.12.2021.
va'kdkfyd xSj&ljdkjh funs'kd ds :i esa fu;qä fd;k x;k gSA
 Jh latho dqekj ¯l?ky dks fnukad 21-12-2021 ls cSad ds cksMZ esa  Shri Sanjeev Kumar Singhal has been appointed as Part
va'kdkfyd xSj&ljdkjh funs'kd ds :i esa fu;qä fd;k x;k gSA time Non-Official Director on the Board of Bank w.e.f.
21.12.2021.
 Jh lh,p ,l-,l- efYydktqZu jko us 31-01-2022 dks izca/k  Shri CH S.S. Mallikarjuna Rao completed his tenure as MD
funs'kd vkSj eq[; dk;Zikyd vf/kdkjh ds :i esa viuk dk;Zdky & CEO on 31.01.2022.
iwjk fd;kA
 Jh vrqy dqekj xks;y dks fnukad 01-02-2022 ls izca/k funs'kd  Shri Atul Kumar Goel has been appointed as MD & CEO
vkSj eq[; dk;Zikyd vf/kdkjh ds :i esa fu;qä fd;k x;k gSA w.e.f. 01.02.2022.
77
 Jh foosd vxzoky] vkjchvkbZ ukfer funs'kd] us 25-02-2022 dks  Shri Vivek Aggarwal, RBI Nominee Director, completed his
viuk dk;Zdky iwjk fd;kA tenure on 25.02.2022.
 Jh vfuy dqekj feJk dks fnukad 25-02-2022 ¼O;kolkf;d ?kaVksa ds  Shri Anil Kumar Misra has been appointed as RBI Nominee
Director on the Board of Bank w.e.f. 25.02.2022 (After
ckn½ ls cSad ds cksMZ esa vkjchvkbZ ukfer funs'kd ds :i esa fu;qä
Business Hours).
fd;k x;k gSA
cksMZ Jh vKs; dqekj vkt+kn ¼dk;Zikyd funs'kd½] MkW vk'kk HkaMkjdj The Board wishes to place on record its appreciation for the
¼'ks;j/kkjd funs'kd½] Jh lh,p ,l,l efYydktqZu jko ¼izca/k funs'kd valuable contribution made by Shri Agyey Kumar Azad (Executive
Director), Dr. Asha Bhandarker (Shareholder Director), Shri CH
vkSj eq[; dk;Zikyd vf/kdkjh½ vkSj Jh foosd vxzoky ¼vkjchvkbZ
S.S. Mallikarjuna Rao (MD & CEO) and Shri Vivek Aggarwal (RBI
ukfer funs'kd½ }kjk fd, x, cgqewY; ;ksxnku ds fy, mudh ljkguk Nominee Director).
djrk gSA
D;w- funs'kdksa dk mÙkjnkf;Ro oäO; Q. DIRECTORS’ RESPONSIBILITY STATEMENT
funs'kdx.k iqf"V djrs gSa fd 31 ekpZ*22 dks lekIr gq, o"kZ gsrq ok£"kd The Directors confirm that in the preparation of the annual
ys[kksa dks cukus esa% accounts for the year ended 31st March, 2022:
● egRoiw.kZ folaxfr;ksa] ;fn dksbZ gSa] ds laca/k esa mfpr Li"Vhdj.k ● The applicable Accounting Standards have been followed
nsrs gq, ykxw ys[kk ekudksa dk ikyu fd;k x;k gS( along with proper explanation relating to material
departures, if any;
● Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kkuqlkj cukbZ xbZ ys[kkadu ● The accounting policies, framed in accordance with the
uhfr;ksa dk n`< vuqikyu fd;k x;k gS( guidelines of the Reserve Bank of India, were consistently
applied;
● ;Fkksfpr ,oa foosdiw.kZ fu.kZ; o vkadyu fd, x, gSa rkfd foÙkh; ● Reasonable and prudent judgment and estimates were
o"kZ ds var rd cSad dh fLFkfr vkSj 31 ekpZ*22 dks lekIr gq, o"kZ made so as to give a true and fair view of the state of affairs
of the Bank at the end of the financial year and of the profit
ds fy, cSad ds ykHk dks lgh o Li"V :i ls n'kkZ;k tk lds( of the Bank for the year ended 31st March, 22.
● Hkkjr esa cSadksa ij ykxw dkuwuksa ds izko/kkuksa ds vuqlkj ;Fkksfpr ● Proper and sufficient care was taken for the maintenance
ys[kk vfHkys[kksa dks leqfpr o i;kZIr lko/kkuh ds lkFk j[kk x;k of adequate accounting records in accordance with the
gS( vkSj( provisions of applicable laws governing banks in India, and;
● ^^dk;Z'khy laLFkk** ds fl)kar ds vk/kkj ij bu ys[kkvksa dks rS;kj ● The accounts have been prepared based on the principle of
“going concern”.
fd;k x;k gSA
vkj- vkHkkj R. ACKNOWLEDGEMENT

cSad dks cgqewY; lg;ksx ,oa lrr laj{k.k iznku djus rFkk blesa viuk The Board expresses thanks to the Government of India, Reserve
fo'okl cuk, j[kus ds fy, funs'kd eaMy Hkkjr ljdkj] Hkkjrh; fjt+oZ Bank of India, Securities and Exchange Board of India, Stock
Exchanges, Bank’s customers, Public and all other Stakeholders
cSad] Hkkjrh; izfrHkwfr ,oa fofue; cksMZ] LVkWd ,Dlpsatksa] cSad ds xzkgdksa] for valuable support, continued patronage and confidence
vke turk rFkk 'ks;j/kkjdksa ds izfr viuk vkHkkj O;ä djrk gSA reposed in the Bank.
cSad ds lHkh Lrjksa ij dk;Zjr LVkQ }kjk fd, x, cgqewY; ;ksxnku gsrq The Board also placed on record its appreciation for the
valuable contribution made by the members of the Bank’s staff
funs'kd eaMy mudh ljkguk djrk gS rFkk Hkkoh y{;ksa dks izkIr djus
at all levels and looks forward to their continued involvement in
esa mudh vuojr lgHkkfxrk dh vk'kk djrk gSA achieving the future goals.
For and on behalf of Board of Directors
funs'kd eaMy ds fy, vkSj mudh vksj ls
Atul Kumar Goel

vrqy dqekj xks;y Managing Director & CEO
izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh
78
izca/ku ifjppkZ ,oa fo'ys"k.k
Management Discussion & Analysis
#
izca/ku ifjppkZ ,oa fo'ys"k.k MANAGEMENT DISCUSSION & ANALYSIS
,- m|ksx lajpuk vkSj fodkl A. Industry Structure & Developments
foÙk o"kZ 2021&22 us ckj&ckj vkus okyh vkSj fouk'kdkjh dksfoM The financial year 2021-22 confronted many challenges
like recurring and devastating COVID waves, supply chain
ygj] vkiw£r Jà[kyk esa O;o/kku vkSj gky gh esa c<+s gq, eqnzkLQhfr disruptions and recently elevated inflationary pressures.
ds ncko tSlh dbZ pqukSfr;ksa dk lkeuk fd;k gSA vFkZO;oLFkk us The economy strived to expand but was time and again
fodflr gksus dk iz;kl fd;k] ysfdu dksfoM egkekjh ds dkj.k lashed by COVID induced lockdowns.
yxk, x, ykWdMkmu ls og ckj&ckj izHkkfor gqbZ gSA
lekt ds detksj oxks± dks izksRlkgu iSdst vkSj jkgr mik; iznku The government and the regulator’s immediate response
djus esa ljdkj vkSj fu;ked dh rRdky izfrfØ;k us ncko dks in providing stimulus packages and relief measures to the
de djus esa enn dh gSA urhtru] Hkkjrh; vFkZO;oLFkk us O;kid vulnerable sections of the society has helped alleviate the
stress. Consequently, Indian economy has shown resilience
vk£Fkd ÖkVdksa ds izfr yphykiu fn[kk;k gS vkSj nqfu;k dh lcls
to macroeconomic shocks and retains the tag of world’s
rsth ls c<+rh vFkZO;oLFkk dk VSx cjdjkj j[kk gSA tkjh fd, fastest growing economy. As per the provisional estimates
x, vuafre vuqekuksa ds vuqlkj] foÙk o"kZ 2021&22 esa Hkkjrh; released, Indian economy witnessed real GDP expansion
vFkZO;oLFkk esa okLrfod thMhih esa 8-7 izfr'kr o`f) gqbZ vkSj foÙk of 8.7 per cent in FY 2021-22 and expected to grow at 7.2
o"kZ 2020&21 esa ladqpu ds ckn foÙk o"kZ 2022&23 esa 7-2 izfr'kr per cent in FY 2022-23 after contracting in FY 2020-21. This
dh nj ls c<+us dh mEehn gSA bldk rkRi;Z ;g gS fd lexz vk£Fkd implies that overall economic activity has recovered past
xfrfof/k iwoZ&egkekjh ds Lrj ij vk xbZ gSA gkykafd] :l vkSj the pre-pandemic levels. Though, the geopolitical tension
;wØsu ds chp Hkwjktuhfrd ruko ubZ pqukSfr;ka mRiUUk dj jgh gSaA between Russia and Ukraine pose fresh challenges.
oSf'od mFky&iqFky ds ckotwn] Hkkjr esa cSa¯dx m|ksx ,sfrgkfld The Banking industry in India has historically been one of
:i ls fo'o Lrj ij lcls fLFkj O;oLFkkvksa esa ls ,d jgh gSA egkekjh the most stable systems globally, despite global upheavals.
us vizR;kf'kr rjhds ls cSad ds yphysiu dks ij[kk gS] ysfdu cSad Bank’s resilience was tested by the pandemic in an
l'kä cudj mHkjs gSaA foÙk o"kZ 2021&22 esa cSadksa us csgrj vkfLr unforeseen way but banks have emerged stronger. Banks
in FY 2021-22 witnessed improved asset quality, stronger
xq.koÙkk] lqn`<+ iwath vkSj izko/kku cQj rFkk c<+h gqbZ ykHkiznrk ns[kh
capital and provision buffers and increased profitability.
gSaA foÙk o"kZ 2021&22 esa _.k vkSj tek esa rsth vkbZA The credit and deposit growth accelerated in FY 2021-22.
foÙk o"kZ 2021&22 ds nkSjku foÙk o"kZ 2020&21 dh rqyuk esa yxHkx During FY 2021-22 credit off-take has taken place in almost
lHkh izeq[k {ks=kksa esa _.k mBko gqvk gSA fiNys nks o"kks± esa ladqpu ds all major sectors compared to FY 2020-21. Industrial sector
ckn vkS|ksfxd {ks=k dk _.k ldkjkRed gks x;k gSA credit turned positive after contracting over the previous
two years.
lek/kku <kaps ¼vkj,Q½ 2-0 ds rgr nwljh dksfoM&19 ygj ls Timely restructuring of loans for the entities impacted by
izHkkfor laLFkkvksa ds fy, _.kksa ds le; ij iquxZBu us mUgsa eanh the second COVID-19 wave under Resolution Framework
(RF) 2.0 helped them sail through the downturns.
ls mcjus esa enn dh gSA
vuqlwfpr okf.kfT;d cSadksa us fV;j I vkSj II ckWUM lfgr vkarfjd Scheduled Commercial Banks (SCBs) continued to bolster
miktZu vkSj iwath tqVkus ds ek/;e ls viuh iwath dks c<+kuk tkjh their capital through a mix of internal accruals and capital
raising, including Tier I and II bonds, resulting in the capital
j[kk] ftlds ifj.kkeLo:i iwath ls tksf[ke&Hkkfjr laifÙk vuqikr
to risk-weighted assets ratio (CRAR) rising to new peak
¼lhvkj,vkj½ u, f'k[kj Lrj ij igq¡p x;kA levels.
ifjlaifÙk;ksa ij izfrQy ¼vkjvks,½ vkSj bfDoVh ij izfrQy The return on assets (RoA) and return on equity (RoE)
¼vkjvksbZ½ us vius c<+rs gq, izksQkby dks cuk, j[kk] ih,lch us maintained their rising profile, with Public Sector Banks
cgq&o"khZ; mPp fjdkWMZ ntZ fd;k gSA lHkh cSad lewgksa esa /ku dh (PSBs) recording multi-year highs. The cost of funds and
ykxr vkSj ifjlaifÙk;ksa ij ykHk esa fxjkoV vkbZ gS ftlls fiNys yield on assets declined across bank groups to reach their
nks n'kdksa esa ;g vius lcls fupys Lrj ij igqap x;k gSA lowest levels in the last two decades.
Hkkjrh; fjt+oZ cSad ¼vkjchvkbZ½ }kjk izHkkoh izca/ku vkSj nckoxzLr National Asset Reconstruction Company Ltd (NARCL) or
vkfLr;ksa ds lek/kku ds fy, jk"Vªh; vkfLr iquxZBu dEiuh bad bank was incorporated in July 2021 by the Reserve
fyfeVsM ¼,u,vkjlh,y½ ;k cSM cSad dks tqykbZ 2021 esa fuxfer Bank of India (RBI) for effective management and
fd;k x;k FkkA fnokfy;k ,oa 'kks/ku lafgrk ¼vkbZchlh½ vkSj foÙkh; resolution of the stressed assets. The initiative along with
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vkfLr;ksa dk izfrHkwfrdj.k vkSj iquxZBu rFkk izfrHkwfr fgr dk Insolvency and Bankruptcy Code (IBC) and Securitization
izorZu vf/kfu;e ¼ljQslh½ ds lkFk igy ls cSadksa dks viuh cSysal and Reconstruction of Financial Assets and Enforcement
of Security Interest (SARFAESI) will further support the
'khV dks ifj'kksf/kr djus vkSj mUgsa ubZ ifj;kstukvksa ds foÙkiks"k.k
banks to clean up their balance sheets and prepare them
ds fy, rS;kj djus esa enn feysxhA to finance fresh projects.
ns'k dh vi;kZIr cSa¯dx lqfo/kk okyh vkcknh dks ljdkj us cSa¯dx The government has consistently strived to promote
nk;js ds rgr ykus ds fy, yf{kr fofHkUUk igyksa ds ek/;e ls financial inclusion through various initiatives targeted to
bring the country’s under-banked population under the
foÙkh; lekos'ku dks c<+kok nsus ds fy, yxkrkj iz;kl fd;k gSA banking gamut.
vk£Fkd xfrfof/k;ksa esa rsth ds lkFk foÙk o"kZ 2022&23 esa cSa¯dx The banking sector is expected to have positive growth in
{ks=k ds ldkjkRed fodkl dh mEehn gSA foÙk o"kZ 2022&23 esa FY 2022-23 with an uptick in the economic activity. The
economic growth in FY 2022-23 is projected to be in the
vk£Fkd o`f) 7 izfr'kr ls 8 izfr'kr dh lhek esa gksus dk vuqeku gS]
range of 7 - 8 per cent, with RBI projecting the growth at
ftlesa Hkk-fj-cSa- us 7-2 izfr'kr dh o`f) dk vuqeku yxk;k gSA 7.2 per cent.
vkxs c<+rs gq,] cSadksa dks foÙkh; iz.kkyh esa mHkj jgs VsDVksfud f'k¶V Going forward, banks need to take into account the tectonic
& fMftVyhdj.k esa vHkwriwoZ o`f)] uohu mRiknksa dk vkxeu] shifts emerging in the financial system – phenomenal
growth in digitization, advent of innovative products,
fQuVsd izfrLi£/k;ksa }kjk O;o/kku] izkS|ksfxfd;ksa ds esy vkSj rsth disruption by Fintech players, fusion of technologies and
ls ijLij tqM+s ikfjfLFkfrdh ra=k ds izlkj dks /;ku esa j[kuk gksxkA proliferation of increasingly intertwined ecosystems.
ch- volj B. Opportunities
cSa¯dx {ks=k Hkkjr ds vk£Fkd fodkl ds fy, egRoiw.kZ gSA The banking sector is pivotal to the economic growth of
vFkZO;oLFkk ,d egRoiw.kZ pj.k esa gS tgka ;g dksfoM ds ÖkVds ls India. The economy is at a crucial stage where it is recouping
mcj jgh gS vkSj /khjs&/khjs fodkl iFk ij vxzlj gks jgh gSA cSadksa from the COVID shock and is gradually treading onto the
growth path. Banks have strong fundamentals and are well
ds ikl l'kä vk/kkjHkwr fl)kar gSa vkSj os Hkwfedk fuHkkus ds fy, positioned to play the part.
vPNh fLFkfr esa gSaA
Access to credit and banking products has improved over
ljdkj ds fujarj iz;klksa ds dkj.k fiNys ,d n'kd esa _.k vkSj
the past decade on the back of sustained efforts by the
cSa¯dx mRiknksa rd igqap esa lq/kkj gqvk gSA dkedkth vkcknh vkSj government. Increase in working population and growing
[kpZ djus ;ksX; vk; esa o`f) ls cSa¯dx vkSj lacaf/kr lsokvksa dh ekax disposable income will further raise the demand for
vkSj c<+sxhA banking and related services.
ljdkj dS'kysl ysunsu dks c<+kok nsus ds fy, mRlqd gS] vkSj The government is keen to drive cashless transactions,
Hkqxrku ds cqfu;knh <kaps esa lq/kkj] baVjusV vkSj eksckby izkS|ksfxdh and has encouraged initiatives to improve payment
dk ykHk mBkus ds fy, igy dks izksRlkfgr fd;k gSA cSadksa us bl infrastructure, leveraging the internet and mobile
technology. Banks have ramped up their efforts to expand
IysVQkWeZ esa viuh igq¡p dk foLrkj djus ds vius iz;klksa dks rst
their footprints in this platform since there has been
dj fn;k gS D;ksafd vkWuykbu ysunsu esa fujarj o`f) gqbZ gS vkSj ;g continued uptick in online transactions and it is likely
egkekjh ds ckn Hkh tkjh jgus dh laHkkouk gSA eksckby] baVjusV to continue even after the pandemic. Mobile, internet
cSa¯dx vkSj ,Vh,e esa lqfo/kkvksa dks c<+kus ls Hkh izpkyu n{krk esa banking and extension of facilities at ATMs will also help
lq/kkj djus esa enn feysxhA improve the operational efficiency.
Hkkjr esa fMftVy Hkqxrku iz.kkyh vU; ns'kksa dh rqyuk esa lcls The digital payments system in India has evolved the
rsth ls fodflr gqbZ gSA izfr ekg ;wihvkbZ ysunsu dh fjdkWMZ fastest amongst the countries. It is evident from the record
la[;k bldk izek.k gSA number of UPI transactions per month.
[kkldj fV;j&2 'kgjksa vkSj mlds ckgj fMftVy :i ls The opportunities and potential to grow digitally are
virtually unlimited, especially in tier-2 towns and beyond.
fodflr gksus ds volj vkSj laHkkouk,a oLrqr% vlhfer gSaA 'kgjh There is still a huge gap between the urban and rural India,
vkSj xzkeh.k Hkkjr ds chp vHkh Hkh cgqr cM+k varj gS] gkykafd] ;g however, the gap itself is an opportunity map.
varj vius vki esa ,d volj gSA
;fn cSad ,uch,Qlh vkSj fQuVsd ds lkFk fo'ks"k :i ls e/;e The opportunities are unlimited if the Banks collaborate
with NBFCs and Fintechs especially for middle and lower
vkSj fupys Lrj ds 'kgjksa ds fy, feydj dke djrs gSa rks volj
tier cities. Banks will benefit as they will get access to new
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vlhfer gSaA cSadksa dks ykHk gksxk D;ksafd mUgsa u, xzkgdksa rd igqap customers, can make use of the Fintech’s digital capabilities
izkIr gksxh] os fQuVsd dh fMftVy {kerkvksa dk mi;ksx dj ldrs and provide a better digital experience to the customers.
gSa vkSj xzkgdksa dks csgrj fMftVy vuqHko iznku dj ldrs gSaA The Fintech can benefit via the bank’s safety, trust people
have on the banking structure and the risk analytics of the
fQuVsd cSad dh lqj{kk] cSa¯dx lajpuk ij yksxksa ds Hkjksls vkSj cSadksa
banks. Thus, the respective comparative advantages of the
ds tksf[ke fo'ys"k.k ls ykHk mBk ldrk gSA bl izdkj] foÙkh; banks and NBFCs can be leveraged in a collaborative effort
igqap c<+kus ds fy, feydj iz;kl djus ls cSadksa vkSj ,uch,Qlh to raise the financial reach.
dh lacaf/kr rqyukRed fo'ks"krkvksa dk ykHk mBk;k tk ldrk gSA
miHkksäkokn esa o`f)] bZ&dkWelZ dh c<+rh iSB vkSj vFkZO;oLFkk ds An increase in consumerism, the rising penetration of
vkSipkfjdhdj.k ls dkMZ vkSj fMftVy okWysV ds mi;ksx dks vkSj e-commerce and the formalisation of the economy will
further propel the use of cards and digital wallets.
c<+kok feysxkA
vkt ds ifjn`'; esa MsVk dks u;k rsy ekuk tkrk gSA vkt] xzkgd Data is considered as the new oil in today’s scenario.
MsVk dsoy C;wjks] ØsfMV ,tsafl;ksa vkSj cSad LVsVesaV rd gh lhfer Today, customer data is not just limited to bureaus, credit
agencies and bank statement but can be easily derived
ugha gS] cfYd gj ,d dh tsc esa ekStwn eksckby Qksu ls vklkuh
from the mobile phones each one has in its pocket. The
ls izkIr fd;k tk ldrk gSA gkbij ilZuykb¯t+x vuqHko ds laca/k deluge of data which is coming and the use cases are not
esa MsVk dh vf/kdrk tks lkeus vk jgh gS og mi;ksx ds ekeys esa just restricted to credit but across the customer lifecycle in
dsoy ØsfMV rd gh lhfer ugha gSa] cfYd xzkgd ds thoupØ ij terms of hyper personalizing the experience.
Hkh izHkko Mky jgh gSA
fofo/k ,tsafl;ksa ds vuqlkj] foÙk o"kZ 2022&23 esa _.k o`f) nksgjs According to various agencies, credit growth is expected
to be in double digits in FY 2022-23. The credit growth is
vadksa esa gksus dk vuqeku gSA fodkl esa rsth ds :i esa vFkZO;oLFkk
expected to rise on the back of increased investment and
esa c<+rs fuos'k vkSj [kir dh ekax ds dkj.k _.k o`f) c<+us dh consumption demand in the economy as growth rallies.
mEehn gSA
fofuekZ.k {ks=k esa {kerk mi;ksx ¼lh;w½ foÙk o"kZ 2021&22 dh Capacity Utilisation (CU) in the manufacturing sector is
'kq#vkr ds ckn ls yxkrkj c<+ jgk gSA izFke frekgh foÙk o"kZ continuously on the rising trend since the beginning of
the FY 2021-22. In Q1 FY 2021-22, Q2 FY 2021-22 and
2021&22] f}rh; frekgh foÙk o"kZ 2021&22 vkSj r`rh; frekgh Q3 FY 2021-22, CU was 60.0 per cent, 68.3 per cent and
foÙk o"kZ 2021&22 esa] lh;w Øe'k% 60-0 izfr'kr] 68-3 izfr'kr vkSj 72.4 per cent respectively. As capacity utilization rises, the
72-4 izfr'kr FkkA tSls&tSls {kerk mi;ksx c<+sxk] dkWjiksjsV ubZ corporates will lend more to invest in fresh projects.
ifj;kstukvksa esa fuos'k djus ds fy, vf/kd _.k ysaxsA
blds vykok] jk"Vªh; volajpuk ikbiykbu ¼,uvkbZih½ ih,e Further, National Infrastructure Pipeline (NIP) along with
xfr 'kfä ds lkFk] vk£Fkd fodkl ds fy, ,d ifjorZudkjh PM Gati Shakti, a transformative approach for economic
n`f"Vdks.k vkSj foHkkxh; lkbyks dks rksM+us ds mn~ns'; ls lrr growth and sustainable development with an aim to
fodkl] vf/kd lexz vkSj ,dhd`r ;kstuk yk,xk tks ifj;kstuk break departmental silos, will bring in more holistic and
fu"iknu dks vkSj rst djsxkA integrated planning which will further speed up project
execution.
blls fo'ks"k :i ls yach vof/k ds _.kksa esa _.k ekax esa o`f) gksxhA This will lead to enhance credit demand particularly in
longer term loans.
lh- [krjs C. Threats
;gka rd fd foÙk o"kZ 2022&23 esa Hkh _.k o`f) dk n`f"Vdks.k Even as the outlook of credit growth looks positive in FY
ldkjkRed fn[k jgk gS] ekStwnk eqnzkLQhfr ds #Ökku [ksy dks 2022-23 also, the current inflation trends could play a
spoilsport as rate hikes could have a dampening impact on
fcxkM+ ldrs gSa D;ksafd njksa esa c<+ksrjh dk _.k ekax ij izHkko iM+
credit demand just as the economy has been turning round
ldrk gS] cqjs nkSj ls ckgj vk jgh gSA the corner.
vfLFkj C;kt nj ifjn`'; ds chp ek£tu dks cuk, j[kus ds fy, Banks will have to be proactive in managing their deposits
cSadksa dks viuh tek vkSj m/kkj njksa ds izca/ku esa lfØ; jguk gksxkA and lending rates so as to maintain the margins amid
volatile interest rate scenario.
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u, izdkj ds fQuVsd vkSj fcxVsd us cSa¯dx ifjn`'; esa izos'k fd;k New kinds of FinTechs and BigTechs have entered the
gS vkSj cktkj dks ckf/kr djus dh {kerk j[krs gSaA vkxs c<+rs gq,] banking landscape and have the potential to disrupt the
market. Going ahead, the biggest challenge for banks lies
cSadksa ds fy, lcls cM+h pqukSrh fMftVy ck/kk ls cps jguk gSA
in surviving the digital disruption.
cSadksa dks izfrLi/kkZ djus ds ctk;] tksf[ke lkÖkk djus vkSj cSadksa Banks instead of competing, should collaborate with them
rFkk xSj&cSad m/kkjnkrkvksa ds chp rkyesy dks lqfo/kktud cukus for risk sharing and facilitating the synergies between
ds fy, muds lkFk feydj dke djuk pkfg,A banks and non-bank lenders.
MsVk lapkfyr fu.kZ; ysus okys ekWMy cukus ds fy, fctusl Business Intelligence Units and setup is required to create
baVsfytsal ;wfuV vkSj lsVvi dh vko';drk gksrh gS D;ksafd ;g data driven decision making models as it will provide
cSad dks izfrLi/kkZRed ykHk iznku djsxkA MsVk cSad dh j.kuhfr ds competitive advantage to the Bank. Data should be core to
fy, ewy gksuk pkfg, vkSj dsoy l{ke cukus ds :i esa lhfer ugha the strategy of the Bank and should not just be limited as
an enabler.
gksuk pkfg,A
fMftVy eksM dks vf/kd ls vf/kd viukus ds dkj.k lkbcj Cyber risk is a greater risk given the greater adoption of
tksf[ke ,d cM+k tksf[ke gSA lkbcj tksf[ke dks de djus ds fy, digital modes. There is a need to enhance investment to
fuos'k c<+kus dh t:jr gSA mitigate the cyber risk.
fØIVks djsalh] LekVZ dkWUVªSDV~l] bZ&okWysV~l vkfn tSlh yxkrkj Banks are also facing threat from the continuously evolving
fodflr gks jgh fMftVy vkfLr;ksa ls cSadksa dks Hkh [krjk gSA cSadksa digital assets like crypto currencies, smart contracts,
dks vk/kqfud cus jgus ds fy, fopkj djuk gksxk vkSj j.kuhfr e-wallets etc. Banks will have to think and strategize to stay
modernised.
cukuh gksxhA
Mh- [kaM&okj ;k mRikn&okj izn'kZu D. Segment-wise or Product wise Performance
cSad ds izeq[k O;kolkf;d {ks=kksa ds izn'kZu dk fo'ys"k.k uhps fd;k The performance of major business segments of the Bank
x;k gS% is analyzed below:
i. lalk/ku tqVkuk i. Resource Mobilization
ekpZ 2022 ds var esa] cSad dh ?kjsyw tek jkf'k;k¡ c<+dj #-11]25]049 The domestic deposits of the Bank increased to Rs. 11,25,049
djksM+ gks xbZA cpr tekjkf'k c<+dj #-4]51]680 djksM+ gks xbZ] Crore as at the end of March 2022. Savings Deposit increased
tcfd pkyw tekjkf'k c<+dj #-81]974 djksM+ gks xbZA ekpZ 2022 to Rs. 4,51,680 Crore, while Current Deposit increased to
Rs. 81,974 Crore. The share of CASA deposit to domestic
ds var esa] ?kjsyw tek esa dklk tek dk fgLlk ekpZ 2021 dh rqyuk
deposit increased to 47.43 per cent as at end of March 2022
esa 45-48 izfr'kr ls c<+dj 47-43 izfr'kr jgkA from 45.48 per cent as at end of March 2021.
c<+rh izfrLi/kkZ ds ekStwnk cSa¯dx ifjn`'; esa] [kqnjk cSa¯dx mRikn In the current banking scenario of mounting competition,
Retail Banking products play a major role in enhancing
cSad dh O;kolkf;d o`f) dks c<+kus esa ,d izeq[k Hkwfedk fuHkkrs
the business growth of the Bank. In order to remain
gSaA izfrLi/khZ cus jgus ds fy,] cSad us lgk;d mRiknksa dh igpku competitive, Bank has identified anchor products and
dh gS vkSj bl lsxesaV ds rgr vf/kd ls vf/kd O;olk; tqVkus special focus is given to mobilize more business under this
ij fo'ks"k /;ku fn;k x;k gSA dklk lsxesaV ds rgr~ xzkgd fof'k"V segment. The deposit under customer specific segment viz
[kaM ds varxZr vFkkZr ih,uch ekbZ lSysjh ,dkmaV esa tekjkf'k PNB mySalary account increased to Rs. 22,227 Crore, PNB
c<+dj #- 22]227 djksM+ gks xbZ] ih,uch ikoj ls¯ox ¼efgykvksa ds Power Savings (for women) account increased to Rs. 8,482
fy,½ [kkrk esa tekjkf'k c<+dj #-8]482 djksM+ gks xbZ rFkk ih,uch Crore and PNB Rakshak Plus increased to Rs. 2,031 Crore
j{kd Iyl dh tekjkf'k c<+dj #-2]031 djksM+ #i;s gks xbZA under CASA segment.
Further, under Term Deposit, PNB Sugam Term Deposit
blds vykok] lkof/k tek ds rgr] ih,uch lqxe lkof/k tek scheme has been identified as an anchor product, where
;kstuk dh igpku ,d lgk;d mRikn ds :i esa dh xbZ gS] ftlesa the deposit increased to Rs. 2,53,519 Crore from the level
fiNys o"kZ dh rqyuk esa tekjkf'k #- 2]07]975 djksM+ ls c<+dj of Rs. 2,07,975 Crore in the previous year.
#-2]53]519 djksM+ gks xbZA
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ubZ ;kstuk,a% New Schemes:
cSad us lekt ds fofHkUUk oxks± ds fy, fuEufyf[kr ubZ tek Bank has launched following new deposit schemes for
various segments of the society:
;kstuk,a 'kq: dh gSa%
,- ih,uch flysDV ls¯ox Ldhe% tsu okbZ ;kfu 25&40 vk;q a. PNB Select Saving Scheme: For Gen Y i.e. 25-40 years
of age.
oxZ ds fy,A
chih,uch lh,&ihvks,l ¼pkyw [kkrk& fcØh dk ¯cnq½ b. PNB CA-POS (Current Account- Point of Sale) Scheme:
Launched with two variants targeting Tier 1-2 & Tier 3
;kstuk% fV;j 1&2 vkSj fV;j 3 ls fV;j 6] mÙkj iwoZ vkSj
to Tier 6, North East and J&K.
tEew&d'ehj dks yf{kr djus okys nks izdkjksa ds lkFk 'kq:
dh xbZA c. PNB Twin (CA+SF) Account: Dual benefit of Saving &
Current account under one scheme.
lh- ih,uch fV~ou ¼lh,$,l,Q½ [kkrk% ,d ;kstuk ds rgr
cpr vkSj pkyw [kkrs dk nksgjk ykHkA
ii. _.k ifjfu;kstu vkSj forj.k ii. Credit Deployment and Delivery
ekpZ 2022 esa cSad dk ldy ?kjsyw vfxze #-7]59]214 djksM+ jgkA Gross Domestic Advances of the Bank stood at Rs. 7,59,214
cká js¯Vx *,* vkSj mlls Åij dh js¯Vx ds lkFk dh xbZ ubZ Crore in March 2022. Fresh Sanctions with external rating ‘A’
and above formed a major part of the sanctions. Similarly,
Lohd`fr;k¡] Lohd`fr;ksa dk ,d cM+k fgLlk gSaA blh izdkj] cSad us Bank has improved its quality of exposures as indicated
vius ,Dlikstj dh xq.koÙkk esa lq/kkj fd;k gS] tSlk fd ekpZ 2022 by a decline in Credit Risk-Weighted Assets (RWA) to
ds var esa ?kjsyw _.k tksf[ke&Hkkfjr ifjlaifÙk;ksa ¼vkjMCY;w,½ esa Rs. 4,88,969 Crore as at the end of March 2022.
#-4]88]969 djksM+ dh fxjkoV ls ladsr feyrk gSA
lexz Vh,Vh dks de djus] ewY;kadu dh n{krk esa lq/kkj djus] lsok Corporate Credit organizational structure focused on
forj.k ds lkFk [kkrksa dh dsafnzr fuxjkuh ds fy, xqatkb'k iznku delivery of credit through 2 tier of structure equipped
djus gsrq dq'ky deZpkfj;ksa ls ySl lajpuk ds 2 Lrjksa ds ek/;e with skilled staff has been created to reduce overall TAT, to
improve efficiency of appraisal, provide scope for focused
ls _.k ds forj.k ij dsafnzr la'kksf/kr dkWiksZjsV _.k laxBukRed monitoring of accounts along with service delivery. This 2
lajpuk cukbZ xbZ gSA bl 2 Lrjh; lajpuk dks ns'k ds fofHkUUk tier structure is being catered by 16 Extra Large Corporate
Hkkxksa esa [kksyh xbZ 16 vR;ar o`gn dkiksZjsV 'kk[kk¼bZ,ylhch½@ Branches (ELCBs)/ Large Corporate Branches (LCBs),
o`gn dkiksZjsV 'kk[kk ¼,ylhch½ }kjk ykxw fd;k tk jgk gSA ;s 16 opened in different parts of the country. These 16 ELCBs/
bZ,ylhch@,ylhch dqy ?kjsyw _.k dk yxHkx 44-51% fu£er LCBs constitute 44.51 per cent of total domestic credit.
djrs gSA
iz/kku dk;kZy; esa fofHkUUk _.k vuqeksnu lfefr;ksa }kjk 1-81 yk[k A sum of Rs. 1.81 Lakh Crore has been sanctioned (fresh/
djksM+ #i;s dh jkf'k ds _.k ¼u, @ o`f) ½ foÙk o"kZ 2021&22 ds enhancement) during FY 2021-22 by different Credit
nkSjku Lohd`r fd, x, gSaA Approval Committees at Head Office.
iii- [kqnjk _.k iii. Retail Credit
foÙk o"kZ 2021&22 ds nkSjku] cSad dk dqy [kqnjk _.k iksVZQksfy;ks During the FY 2021-22, Total Retail Credit portfolio of the Bank
c<+dj 1]39]593 djksM+ #i;s gks x;kA blesa ls dksj fjVsy ØsfMV increased to Rs. 1,39,593 Crore. Out of this, the Core Retail
Credit has increased to Rs. 1,19,204 Crore in FY 2021-22.
c<+dj foÙk o"kZ 2021&22 esa #-1]19]204 djksM+ gks x;kA
dksj fjVsy ØsfMV iksVZQksfy;ks ds Hkhrj] vkoklh; _.k c<+dj Within the Core Retail Credit Portfolio, Housing Loan
#- 73]805 djksM+] dkj@okgu _.k c<+dj #- 12]615 djksM+ gks increased to Rs. 73,805 Crore, Car/Vehicle Loan increased
x;k vkSj ca/kd _.k #- 12]232 djksM+ ij FkkA to Rs. 12,615 Crore and the Mortgage Loan was at
Rs. 12,232 Crore.
ubZ igy% New Initiatives:
1- cSad lHkh u, vkSj vf/kxzg.k ekeyksa ds fy, x`g _.k] okgu _.k] 1. Bank is offering one of the best-in-class rate of
interests in various retail segments like Home loans to
f'k{kk _.k vkSj O;fäxr _.k tSls fofHkUUk [kqnjk {ks=kksa esa loksZÙke
all fresh and takeover cases, Vehicle loans, Education
C;kt njksa esa ls ,d dh is'kd'k dj jgk gSA loans and Personal loans.
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2- yhM tujs'ku ds fy, izfrf"Br fcYMjksa vkSj laifÙk [kkst lkbVksa ds 2. Tie-ups with reputed builders and property search
lkFk xBca/kuA sites for lead generation.
3. Under Personal Loan segment in order to meet the
3- O;fäxr _.k [kaM ds rgr gekjs ekStwnk xzkgdksa dh vkdfLed
emergent needs of our existing customers new segment
vko';drkvksa dks iwjk djus ds fy, u;k lsxesaV tksM+k x;k gS] has been added i.e personal loan to professional with
vFkkZr o£/kr jkf'k vFkkZr #- 20 yk[k ¼ekStwnk #-10 yk[k ls½ vkSj enhanced amount i.e upto Rs. 20 Lakh (from existing
yach pqdkSrh vof/k vFkkZr 72 ekg rd ¼ekStwnk 60 ekg ls½ ds lkFk Rs. 10 Lakh) and longer repayment period i.e upto 72
is'ksojksa dks O;fäxr _.kA months (from existing 60 months).
4- ih,uch x`g _.k & Hkwfe vkSj edku ds fuekZ.k ds lexz _.k dh 4. PNB Home Loan – Composite Loan scheme has been
vko';drk dks iwjk djus ds fy, lexz _.k ;kstuk 'kq: dh xbZ launched to meet the need for composite loan of Land
and construction of House.
gSA
5- vkd"kZd C;kt nj vkSj yach pqdkSrh vof/k dh is'kd'k djrs gq, 5. A new scheme PNB Green Car has been launched
offering attractive rate of interest and longer
,d ubZ ;kstuk ih,uch xzhu dkj 'kq: dh xbZ gSA repayment period.
6- cSad us 8 dkj fuekZrkvksa tSls ek#fr] gksaMk] VkVk eksVlZ] e¯gæk ,aM 6. Bank is having Tie Ups for Car loans with 8 Car
e¯gæk] QkslZ eksVlZ] Vks;ksVk] gqaMbZ vkSj ,eth gsDVj ds lkFk dkj manufacturers namely Maruti, Honda, Tata Motors,
Mahindra & Mahindra, Force Motors, Toyota, Hyundai
_.k ds fy, xBca/ku fd;k gS vkSj bl rjg dkj fcØh cktkj ds
and M G Hector & thereby covered 85 per cent of
fy, 85 izfr'kr cktkj fgLlsnkjh dks doj fd;k gSA market share for Car sales market.
7- xksYM _.k cdsV dks c<+kus ds fy, C;kt nj dks izfrLi/khZ cuk;k 7. In order to increase Gold Loan bucket, rate of interest
x;k gSA has been made competitive.
fMftVy igy% Digital Initiatives:
1- iwoZ vuqeksfnr O;fäxr _.k ;k=kk dks vf/kd iz;ksäk vuqdwy 1. In order to make pre-approved Personal Loan digital
cukus ds fy,] ;k=kk dks vkSj vf/kd laf{kIr cuk fn;k x;k gS vkSj journey more user friendly, the process has been
made more concise and is now made available in PNB
vc bls ih,uch ou IysVQkWeZ ij miyC/k djk;k x;k gSA ONE platform.
2- fQuVsd izHkkx ds leUo; ls isa'kuHkksfx;ksa ds fy, iwoZ vuqeksfnr 2. End to end digital journey of pre-approved Personal
O;fäxr _.k dh lEiw.kZ fMftVy ;k=kk 'kq: dh xbZ gSA Loan to pensioners have been started.
iv- izkFkfedrk izkIr {ks=k iv. Priority Sector
31 ekpZ] 2022 dh fLFkfr ds vuqlkj izkFkfedrk&izkIr {ks=k] d`f"k The outstanding position of Priority Sector, Agriculture and
vkSj mi&{ks=kksa dh cdk;k fLFkfr fuEukuqlkj gS%& sub-sectors as on 31st March, 2022 is as under:
¼jkf'k #- djksM+ es½a (Amt. Rs. in Crore)
cdk;k fLFkfr 31.03.2022 Outstanding Position 31.03.2022

izkFkfedrk izkIr {ks=k _.k 2,83,712 Priority Sector Credit 2,83,712
ftlesa ls% Out of which:
d`f"k {ks=k dks _.k 1,22,708 Loan to Agriculture Sector 1,22,708
NksVs vkSj lhekar fdlkuksa dks _.k 65,979 Loan to Small & Marginal Farmers 65,979
lw{e m|eksa dks _.k 53,963 Loan to Micro Enterprises 53,963
detksj oxks± dks _.k 90,002 Loan to Weaker Sections 90,002
y{; izkfIr% foÙk o"kZ 2021&22 ds fy, izkFkfedrk {ks=k] d`f"k vkSj vU; Goals Achievement: Bank’s achievement under National
mi&{ks=kksa ds jk"Vªh; y{;ksa ds rgr cSad dh miyfC/k fuEukuqlkj gS% Goals of Priority Sector, Agriculture and other sub-sectors
for FY 2021-22 are as under:
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jk"Vªh; y{;ksa dh izkfIr ¼frekgh ok£"kd vkSlr vk/kkj½ Achievement Of National Goals (Quarterly Annual Average Basis)
31.03.2022 Percentage to Adjusted Net Target 31.03.2022
lek;ksftr fuoy cSad _.k dk y{; ¼izfr'kr esa
Bank Credit (ANBC) (National Goal
izfr'kr ¼,,uchlh½ jk"Vªh; y{;½ in Percentage)
izkFkfedrk izkIr {ks=k _.k 40.00% 42.42% Priority Sector Credit 40.00% 42.42%
ftlesa ls% Out of which:
d`f"k {ks=k dks _.k 18.00% 18.35% Loan to Agriculture Sector 18.00% 18.35%
NksVs vkSj lhekar fdlkuksa dks Loan to Small & Marignal
9.00% 9.87% 9.00% 9.87%
_.k Farmers
lw{e m|eksa dks _.k 7.50% 8.07% Loan to Micro Enterprises 7.50% 8.07%
detksj oxks± dks _.k 11.00% 13.46% Loan to Weaker Sections 11.00% 13.46%
foÙk o"kZ 2021&22 ds izn'kZu dh eq[; ckrs% Performance Highlights of FY 2021-22:

 Credit to Priority Sector stood at Rs. 2,83,712 Crore as on
 izkFkfedrk {ks=k dks _.k ekpZ 2022 dks #-2]83]712 djksM+ jgkA
March 2022. The percentage of Priority Sector Advances to
,,uchlh esa ls izkFkfedrk {ks=k ds vfxzeksa dk izfr'kr fu/kkZfjr ANBC is 42.42 per cent as against the prescribed National
jk"Vªh; y{; 40 izfr'kr dh rqyuk esa 42-42 izfr'kr gSA Goal of 40 per cent.

d`f"k {ks=k dks _.k ekpZ 2022 dks #-1]22]708 djksM+ jgkA ,,uchlh  Credit to Agriculture sector stood at Rs. 1,22,708 Crore as
esa ls d`f"k {ks=k ds vfxzeksa dk izfr'kr fu/kkZfjr jk"Vªh; y{; 18 on March, 2022. The percentage of Agriculture Advances
izfr'kr dh rqyuk esa 18-35 izfr'kr gSA to ANBC is 18.35 per cent against the prescribed National
Goal of 18 per cent.
 NksVs@lhekar fdlkuksa ¼,l,Q@,e,Q½ dks _.k ekpZ 2022 dks  Loans to Small/Marginal Farmers (SF/MF) stood at
#-65]979 djksM+ jgkA ,,uchlh esa ls NksVs@lhekar fdlkuksa dks Rs. 65,979 Crore as on March 2022. The percentage of
vfxze iznku fd, tkus dk izfr'kr fu/kkZfjr jk"Vªh; y{; 9 izfr'kr advances to SF/MF to ANBC is 9.87 per cent as against the
dh rqyuk esa 9-87 izfr'kr gSA prescribed National Goal of 9 per cent.
 lw{e ¼ih,l½ m|eksa dks _.k ekpZ 2022 dks #- 53]963 djksM+ jgkA  Credit to Micro (PS) Enterprises stood at Rs. 53,963 Crore
,,uchlh esa ls lw{e ¼ih,l½ m|eksa dks vfxze iznku fd, tkus as on March 2022. The percentage of advance to Micro
dk izfr'kr fu/kkZfjr jk"Vªh; y{; 7-50 izfr'kr dh rqyuk esa 8-07 (PS) Enterprises to ANBC is 8.07 per cent as against the
izfr'kr gSA prescribed National Goal of 7.50 per cent.
 detksj oxZ dks vfxze ekpZ 2022 dks #-90]002 djksM+ jgkA  Advances to Weaker Section stood at Rs. 90,002 Crore
,,uchlh ds 11 izfr'kr ds jk"Vªh; y{; dh rqyuk esa ;g miyfC/k as on March 2022. The achievement is 13.46 per cent as
13-46 izfr'kr gSA against National goal of 11 per cent of ANBC.
 vYila[;d leqnk;ksa dks iznku fd;k x;k cSad _.k ekpZ 2022 ds  Bank credit to Minority Communities stood at Rs. 27,072
var esa `27]072 djksM+ jgkA Crore, as at the end of March 2022.
 ekpZ 2022 ds var esa] vuqlwfpr tkfr@vuqlwfpr tutkfr leqnk;  As at the end of March 2022, Bank credit to SC/ST
dks iznku fd;k x;k cSad _.k #-6]664 djksM+ jgkA Community stood at Rs. 6,664 Crore.
d`f"k dks c<+kus dh j.kuhfr;k¡% Strategies to enhance Agriculture:
 dsaæ izk;ksftr cqfu;knh <kapk fodkl ;kstukvksa tSls d`f"k  Focus on centrally sponsored infrastructure development
schemes like Agriculture Infrastructure Fund, Animal
volajpuk dks"k] i'kqikyu volajpuk fodkl dks"k vkfn ij /;ku Husbandry Infrastructure Development Fund etc.
nsaA
 C;kt njksa] ek²tu vkSj lqj{kk ekunaMksa esa NwVA  Relaxation in interest rates, margin and security norms.
 laiw.kZ fMftVy fdlku ØsfMV dkMZ ¼dslhlh½ vkSj fdlku rRdky  Customer Journey Digitization through end-to-end digital
ds ek/;e ls xzkgd ;k=kk dk fMftVyhdj.kA Kisan Credit Card (KCC) and Kisan Tatkal.
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 yhM tujs'ku ds fy, ,xzh&Vsd ikVZujf'kiA  Agri-tech partnership for lead generation.
 DyLVj n`f"Vdks.k ds rgr xgu foÙkiks"k.kA  Intensive financing under cluster approach.
 Lo.kZ vkHkw"k.kksa ds fy, d`f"k _.k ij tksjA  Thrust on Agri Loan against Gold Ornaments/Jewellery.
 dslhlh dk fdlku _.k esa :ikarj.kA  Conversion of KCC to Kisan Gold.
 Lo;a lgk;rk lewgksa ¼,l,pth½ ds rgr foÙk iks"k.k ij /;ku nsaA  Focus on Financing under Self Help Groups (SHGs).
 ØsfMV Mªkb¯ox ds fy, dkjksckj izfrfuf/k usVodZ dk mi;ksx  Using Business Correspondent Network for Driving Credit.
djukA
dkiksZjsV lkekftd mÙkjnkf;Ro ¼lh,lvkj xfrfof/k;k¡½% Corporate Social Responsibility (CSR) Activities:
 d`"kd izf'k{k.k dsanz ¼,QVhlh½% cSad us 12 d`"kd izf'k{k.k  Farmers Training Centres (FTCs): Bank has established
dsanz LFkkfir fd;s gSaA ,QVhlh d`f"k vkSj laca) xfrfof/k;ksa 12 Farmers Training Centres. The FTCs are providing
free of cost training on agriculture & allied activities and
rFkk dEI;wVj] d¯Vx vkSj flykbZ@d<+kbZ vkSj m|ferk fodkl also for computers, cutting & tailoring/embroidery and
dk;ZØeksa ij fu%'kqYd izf'k{k.k iznku dj jgs gSaA LFkkiuk ds ckn ls] entrepreneurship development programs. Since inception,
,QVhlh us 55]017 izf'k{k.k dk;ZØe vk;ksftr djds 16]44]102 FTCs have imparted training to 16,44,102 persons by
O;fä;ksa dks izf'k{k.k iznku fd;k gSA ;s izf'k{k.k dsanz fdlkuksa ds conducting 55,017 training programs. These Training
[ksrksa esa e`nk ijh{k.k lqfo/kkvksa okyh eksckby oSu vkSj fdlkuksa dks Centres have been equipped with the Mobile Van having
lwpukRed ohfM;ksa fDyd ds vkWfM;ks fotqvy izn'kZu ds fy, Soil testing facilities at the farmers’ fields and LED for audio
,ybZMh ls ySl gSA cSad us foÙk o"kZ 2021&22 ds nkSjku blds rgr visual display of informative video clips to the farmers. The
Bank spent Rs. 475.72 Lakh under this during FY 2021-22.
#-475-72 yk[k O;; fd, gSA
 xzkeh.k Lojkstxkj izf'k{k.k laLFkku¼vkj,lbZVhvkbZ½% Hkkjr  Rural Self Employment Training Institutes (RSETIs):
esa 76 xzkeh.k Lojkstxkj izf'k{k.k laLFkku ¼xzkeh.k fodkl ea=kky; There are 76 RSETIs (under aegis of MoRD) and 2 Rural
Development Centres (PNB initiatives) operating in India
¼,evksvkjMh ds rRoko/kku esa½ vkSj 2 xzkeh.k fodkl dsanz ¼ih,uch
which are engaged in providing training to rural population
miØe½ py jgsa gSa] tks fd xzkeh.k vkcknh vkSj muds ifjokjksa dks and their families for skill up-gradation to undertake
Lo&jkstxkj m|e@jkstxkj pykus gsrq dkS'ky fodkl ds fy, self-employment ventures/jobs. During the FY 2021-22,
izf'k{k.k iznku djus esa yxs gq, gSa A foÙkh; o"kZ 2021&22 ds nkSjku] 41,718 persons were trained in these centers out of which
bu dsanzksa esa 41]718 O;fä;ksa dks izf'kf{kr fd;k x;k Fkk] ftuesa ls 27,380 belong to BPL families and 32,948 were women.
27]380 chih,y ifjokjksa ls lEc) Fks vkSj 32]948 efgyk,a FkhA Total number of trained candidates since inception is
LFkkiuk ds ckn ls izf'kf{kr mEeh}kjksa dh dqy la[;k 4]92]418 4,92,418 out of which 2,06,241 were from BPL families
gSa] ftuesa ls 2]06]241 chih,y ifjokjksa ls vkSj 3]15]856 efgyk,a and 3,15,856 were women. Our RSETIs are focusing for
settlement of participants by ensuring adequate credit
FkhA gekjs vkj,lbZVhvkbZ lekos'kh fodkl ds fy, i;kZIr _.k
for inclusive growth. Total settled candidates are 3,32,028
lqfuf'Pkr djds izfrHkkfx;ksa dks clkus ds fy, /;ku dsafnzr dj jgs since inception. The Bank spent Rs. 2,753.97 Lakh under
gSaA LFkkiuk ds ckn ls dqy 3]32]028 mEehnokj clk, x, gSaA cSad this during FY 2021-22.
us foÙk o"kZ 2021&22 ds nkSjku blds rgr #- 2753-97 yk[k O;;
fd, gSA
 Financial Literacy Centres: Bank has 175 Financial Literacy
 foÙkh; lk{kjrk dsanz ¼,Q,ylh½% cSad esa 175 foÙkh; lk{kjrk Centers. Total number of enquiries made during the period
dsanz dk;Z dj jgs gSaA 1 vizSy] 2021 ls 31 ekpZ] 2022 rd dh vof/k from 1st April, 2021 to 31st March, 2022 is 2,20,694. Total
ds nkSjku dqy iwNrkN dh la[;k 2]20]694 gSA 1 vizSy] 2021 ls 31 number of seminars/programmes/camps conducted by
ekpZ] 2022 rd foÙkh; f'k{kk] fuokjd ijke'kZ vkSj xzkgd vfèkdkjksa FLCs on Financial Education, Preventive Counselling and
ij ,Q,ylh }kjk vk;ksftr laxksf"B;ksa @ dk;ZØeksa @ f'kfojksa dh Customer Rights from 1st April, 2021 to 31st March, 2022 is
7,387 and number of persons attended these programs are
dqy la[;k 7]387 gS vkSj bu dk;ZØeksa esa Hkkx ysus okys O;fä;ksa
2,94,473.
dh la[;k 2]94]473 gSA
 PNB Vikas Scheme: The objective of PNB VIKAS is to develop
 ih,uch fodkl ;kstuk% ih,uch fodkl dk mn~ns'; vU; the adopted village in a holistic manner, which includes
fgrèkkjdksa ds leUo; ls vaxhd`r xkaoksa dks lexz :i ls fodflr their economic development, infrastructure development
djuk gS] ftlesa _.k dh miyC/krk] fMftVyhdj.k vkSj foÙkh; and other aspects of human development e.g. sanitation,
lk{kjrk ds vykok vk£Fkd fodkl] cqfu;knh <kapk fodkl vkSj drinking water supply, education, electricity, health,
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ekuo fodkl ds vU; igyw tSls LoPNrk] is;ty vkiw£r] f'k{kk] etc. besides access to credit, digitalization and Financial
fctyh] LokLF; vkfn 'kkfey gSA orZeku esa gekjs cSad us bl Literacy. Presently, Bank has adopted 295 villages under
the scheme.
;kstuk ds rgr 295 xkaoksa dks xksn fy;k gSA
 ih,uch ykMyh% ;g ;kstuk xzkeh.k @v/kZ 'kgjh {ks=kksa dh  PNB LADLI: The Scheme is meant for popularization of
education among girls of Rural/Semi Urban areas. Under
ckfydkvksa ds chp f'k{kk dks yksdfiz; cukus ds fy;s gS A bl ;kstuk
the scheme, Bank is providing for education inputs of
ds rgr]cSad izR;sd igpkus x, xkao dh 10 t:jrean Nk=kkvksa dks Rs. 2,500 in lump sum and Rs. 100 per month as pocket
f'k{kk buiqV gsrq `2500@& ,deq'r vkSj `100@& izfrekg tsc allowance to 10 needy girl students of each identified
[kpZ HkÙks ds :i esa iznku dj jgk gSA p;fur ckfydkvksa dks 12oha village. Selected girls will continue to get support every
d{kk iwjh gksus rd gj lky ;g lgk;rk feyrh jgsxh A foÙkh; o"kZ year till they complete 12th class. During FY 2021-22,
2021&22 ds nkSjku 435 ckfydk Nk=kkvksa ds chp `8-47 yk[k dk Rs. 8.47 Lakh was distributed amongst 435 girl students.
forj.k fd;k x;kA
vc rd geus bl ;kstuk ds rgr 31 ekpZ] 2022 rd 10]126 So far, Bank has distributed Rs. 184.34 Lakh to 10,126 girls
yM+fd;ksa dks `184-34 yk[k forfjr fd, gSaA under this scheme upto 31st March, 2022.
 ih,uch fdlku ckyd f'k{kk izksRlkgu ;kstuk% ;kstuk xjhc  PNB KISAN BALAK SHIKSHA PROTSAHAN YOJANA: The
d`f"k m/kkjdrkZvksa ¼ftlesa NksVs fdlku] lhekar fdlku] dk'rdkj] Scheme has been launched to provide financial assistance
ekSf[kd iV~Vsnkj vkSj d`f"k Jfed 'kkfey gSa½ ds Nk=kksa dks foÙkh; to the students of poor agriculture borrowers (comprising
of small farmers, marginal farmers, tenant farmers, oral
lgk;rk iznku djus ds fy, 'kq: dh xbZ gS] os ik=k gSa c'krsZ mudk
lessees and agriculture labour) and are eligible provided
_.k [kkrk fu;fer py jgk gksALFkkiuk ds ckn ls] ;kstuk ds their loan account is running regular. Since inception,
rgr ekpZ 2022 rd 1]553 Nk=kksa dks `47-98 yk[k izksRlkgu ds :i Rs. 47.98 Lakh has been given as incentive to 1,553
esa fn;s x;s gSaA students up to March 2022 under the scheme.
v. lw{e] y?kq vkSj e/;e m|e ¼,e,l,ebZ½ v. Micro, Small and Medium Enterprises (MSME)
,e,l,ebZ {ks=k gekjs vkS|ksfxd {ks=k dh jh<+ gS vkSj vFkZO;oLFkk The MSME sector forms the backbone of our industrial
sector and is an important growth engine for the economy
ds fy, ,d egRoiw.kZ o`f) batu gS] tks m|ferk dks c<+kok nsrk gS]
that promotes entrepreneurship, inspires innovation and
uokpkj dks izsfjr djrk gS vkSj jkstxkj l`tu dks izksRlkfgr djrk boosts employment generation.
gSA
ekpZ 2022 ds var rd] ,e,l,ebZ [kaM dks #-1]25]032 djksM+ As at the end of the March 2022, credit to MSME segment
#i;s dk _.k fn;k x;k gSA lw{e vkSj y?kq m|eksa ds fy, vfxze stands at Rs. 1,25,032 Crore. The advance to Micro
jkf'k #-98]067 djksM+ Fkh] ftlesa lw{e [kaM esa #-54]643 djksM+ and Small Enterprises stood at Rs. 98,067 Crore with
outstanding in Micro segment at Rs. 54,643 Crore.
cdk;k FkkA
eqnzk% foÙk o"kZ 2021&22 ds fy, ih,e,eokbZ ds rgr vkoafVr Mudra: The budget allotted under PMMY for FY 2021-22
ctV #-13]600 djksM+ #i;s FkkA dkfoM&19 ds izHkko ds ckotwn was Rs 13,600 Crore. Bank has achieved 108.49 per cent of
its annual budget despite the impact of COVID-19.
cSad us vius ok£"kd ctV dk 108-49 izfr'kr izkIr fd;k gSA
1- ,e,l,ebZ O;olk; dks izksRlkfgr djus gsrq dh tk jgh 1. Details of initiatives being taken to boost MSME business:
igyksa dk fooj.k
1-1- cSad@Hkkjr ljdkj }kjk dh xbZ dksfoM&19 laca/kh igy 1.1. COVID-19 related initiatives taken by the Bank/GoI and
vkSj dk;kZUo;u dh fLFkfr% status of implementations:
¼,½ xkjaVhd`r vkikrdkyhu _.k O;oLFkk ¼thbZlh,y½ a. Guaranteed Emergency Credit Line (GECL) scheme:
The scheme was implemented in 4 phases (GECL
lqfo/kk% ;g ;kstuk dksfoM &19 egkekjh ls izHkkfor 1.0, 2.0, 3.0 and 4.0) to support the various business
fofHkUUk O;kolkf;d xfrfof/k;ksa dk leFkZu djus ds fy, activities affected by COVID-19 pandemic. As on
4 pj.kksa ¼thbZlh,y 1-0] 2-0] 3-0 vkSj 4-0½ esa fØ;kfUor 31st March, 2022, Bank has sanctioned 4,48,029
dh xbZ FkhA 31-03-2022 rd] cSad us `20]616 djksM+ dh accounts amounting to Rs. 20,616 Crore, out of which
jkf'k ds 4]48]029 [kkrksa dks Lohd`fr nh xbZ gS] ftlesa ls 2,02,580 accounts have been disbursed amounting
`17]887 djksM+ dh jkf'k ds 2]02]580 [kkrksa dk forj.k to Rs. 17,887 Crore. Further, GoI has extended the
fd;k tk pqdk gSA blds vykok] Hkkjr ljdkj us ;kstuk validity of the scheme upto 31st March, 2023. This
dh oS/krk dks 31 ekpZ] 2023 rd c<+k fn;k gSA ;g foLrkj
88
,e,l,ebZ dks vius ifjpkyu dks fQj ls 'kq: djus ds extension will provide further credit support to the
fy, vkSj _.k lgk;rk iznku djsxkA MSMEs to resume their operations.
¼ch½ nckoxzLr ,e,l,ebZ ds fy, xkS.k _.k gsrq ØsfMV b. Credit Guarantee Scheme for Subordinate Debt
xkjaVh ;kstuk¼lhth,l,lMh½% ,e,l,ebZ ea=kky;] (CGSSD) for Stressed MSMEs: Ministry of MSME,
Government of India through CGTMSE has introduced
Hkkjr ljdkj us lhthVh,e,lbZ ds ek/;e ls rukoxzLr
Credit Guarantee Scheme for Subordinate Debt
,e,l,ebZ ds izorZdksa dks O;olk; esa bfDoVh@v/kZ (CGSSD) to provide personal loan to the promoters
bfDoVh ds :i esa fuos'k ds fy, O;fäxr _.k iznku djus of Stressed MSMEs for infusion as equity/quasi
gsrq ÞxkS.k _.k gsrq ØsfMV xkjaVh ;kstuk ¼lhth,l,lMh½Þ equity in the business, eligible for restructuring as
'kq: dh] tks rukoxzLr ,e,l,ebZ vfxzeksa ds iquxZBu ds per RBI guidelines for restructuring of stressed MSME
fy, Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa ds vuqlkj iquxZBu advances. As on 31st March, 2022, 238 accounts
gsrq ik=k gSaA 31 ekpZ] 2022 rd `20-65 djksM+ jkf'k ds 238 amounting to Rs. 20.65 Crore have been sanctioned,
[kkrksa dks Lohd`fr nh xbZ gS] ftlesa ls `15-20 djksM+ jkf'k out of which 175 accounts amounting to Rs. 15.20
Crore have been disbursed. The validity of the scheme
ds 175 [kkrksa esa forj.k fd;k tk pqdk gSA ;kstuk dh oSèkrk
has been extended further upto 31st March, 2023.
dks 31 ekpZ] 2023 rd c<+k fn;k x;k gSA
¼lh½ ih,e lM+d foØsrk vkRefuHkZj fuf/k ¼ih,e Lofufèk½% c. PM Street Vendor's AtmaNirbhar Nidhi (PM
SVANidhi): This is a Central Sector Scheme launched
;g vkoklu ,oa 'kgjh dk;Z ea=kky; }kjk 'kq: dh xbZ ,d
by Ministry of Housing and Urban Affairs formalized
dsUnz ljdkj dh ;kstuk gS] ftls lM+d foØsrkvksa dks for Street vendors providing finance upto Rs 10,000
10]000 #i;s rd dk foÙk iznku djus ds fy, cuk;k x;k which opened up new opportunities to this sector
gS] tks bl {ks=k fy, vk£Fkd o`f) ds u, }kj [kksysxhA ;g to move up the economic ladder. The scheme was
;kstuk 2 tqykbZ] 2020 dks 'kq: dh xbZ Fkh vkSj ;g 24 ekpZ] launched on 2nd July, 2020 and it is available to all
2020 dks ;k mlls igys 'kgjh {ks=kksa esa fcØh esa yxs lHkh street vendors engaged in vending in urban areas as
lM+d foØsrkvksa ds fy, miyC/k gSA on or before 24th March, 2020.
blds vykok] vkoklu ,oa 'kgjh dk;Z ea=kky; us ih,e In addition to this, Ministry of Housing and Urban
Affairs has extended the benefit of existing scheme to
Lofuf/k ;kstuk ds rgr igys ds _.k dh le; ij pqdkSrh provide an enhanced loan (2nd tranche of Rs. 20,000)
ij ih,e Lofuf/k ykHkk£Fk;ksa dks ,d c<+k gqvk _.k ¼20]000 to PM SVANidhi beneficiaries on timely repayment
#i;s dh nwljh fd'r½ iznku djus ds fy, ekStwnk ;kstuk of earlier loan under PM SVANidhi Scheme. As
ds ykHk dks c<+k;k gSA 31 ekpZ] 2022 rd 2]21]780 vkosnu on 31st March, 2022, 2,21,780 applications have
Lohd`r fd, x, gSa] ftuesa ls 2]15]766 laforfjr fd, tk been sanctioned out of which 2,15,766 have been
pqds gSaA disbursed.
¼Mh½ eqnzk&f'k'kq _.k ds 'kh?kz iquHkqZxrku ij C;kt vuqnku d. Interest Subvention Scheme on Prompt Repayment
;kstuk% Hkkjrh; y?kq m|ksx fodkl cSad ¼flMch½ us iz/kku of MUDRA-Shishu Loan: Small Industries
Development Bank of India (SIDBI) has formulated
ea=kh eqnzk ;kstuk ¼ih,e,eokbZ½ ds rgr iznku fd, x, f'k'kq Interest Subvention Scheme of 2 per cent on prompt
_.k ds 'kh?kz iquHkqZxrku ij 2 izfr'kr dk C;kt vuqnku repayment of Shishu loan extended under Pradhan
;kstuk rS;kj dh gSA 31 ekpZ] 2022 rd] C;kt vuqnku ds Mantri Mudra Yojana (PMMY). As on 31st March,
fy, 3]57]630 [kkrksa esa 14-30 djksM+ #i;s tek fd, x, gSaA 2022, Rs 14.30 Crore has been credited in 3,57,630
accounts towards interest subvention.
¼bZ½ vfxzeksa dh iquxZBu& lek/kku <kapk 2-0 ¼vkjchvkbZ e. Restructuring of Advances- Resolution Framework
vf/klwpuk fnukad 05-05-2021½% dksfoM&19 egkekjh ds 2.0 (RBI Notification Dated 05.05.2021): In view of
the uncertainties created by the resurgence of the
fQj ls c<+us ds dkj.k mRiUUk vfuf'Pkrrkvksa dks ns[krs gq,]
COVID-19 pandemic, RBI vide its notification dated
vkjchvkbZ us 5 ebZ] 2021 dh viuh vf/klwpuk ds ek/;e 5th May, 2021 extended the captioned facility for
ls vkfLr oxhZdj.k esa fxjkoV ds fcuk ekStwnk _.kksa ds restructuring existing loans without any downgrade
iquxZBu ds fy, mijksä lqfo/kk iznku dhA rnuqlkj] cSad us in the asset classification. Accordingly, Bank had
,e,l,ebZ ds dksfoM&19 lacaf/kr ncko ds lekèkku ds fy, approved the guidelines prescribed by RBI for
vkjchvkbZ }kjk fu/kkZfjr fn'kkfunsZ'kksa dks eatwjh nh FkhA Resolution of COVID-19 related stress in MSMEs.
cSad olwyh ds lkFk&lkFk ,uih, ;k ncko ds rgr vkus Bank is making all out efforts to reduce the stress in
okyh ik=k bdkb;ksa esa lek/kku <kapk 2-0 ds dk;kZUo;u ds MSME segment through recovery as well as through
implementation of Resolution Framework 2.0 in the
ek/;e ls ,e,l,ebZ lsxesaV esa ncko dks de djus ds fy,
eligible units which falls into NPA or under stress. As
89
gj laHko iz;kl dj jgk gSA 31 ekpZ] 2022 rd 8]371-91 on 31st March, 2022, 1,59,363 accounts amounting to
djksM+ #i;s ds 1]59]363 [kkrksa dk iquxZBu fd;k x;k gSA Rs. 8,371.91 Crore have been restructured.
1.2. New initiatives:
1-2 ubZ igys%
,- DyLVj vk/kkfjr foÙkiks"k.k% cSad us DyLVj vk/kkfjr a. Cluster Based Financing: Bank has adopted the
Cluster based lending approach and 86 clusters have
m/kkj n`f"Vdks.k viuk;k gS vkSj fj;k;rh ewY; fu/kkZj.k]
already been approved with customized schemes
lsok 'kqYd] m/kkj nsus ds ekunaMksa esa <+hy vkfn lfgr inclusive of concessional pricing, service charges,
vuqdwfyr ;kstukvksa ds lkFk 86 DyLVjksa dks igys gh relaxed lending norms etc. Bank has sanctioned 908
eatwjh ns nh xbZ gSA 31 ekpZ] 2022 rd cSad us #- 2]806-85 accounts amounting to Rs. 2,806.85 Crore as on
djksM+ ds 908 [kkrs Lohd`r fd, gSaA 31st March, 2022.
ch- lkÖksnkjh }kjk fodkl% cSad fofHkUUk ekdsZV Iys;lZ ds b. Partnership-led growth: Bank is endeavouring to
lkFk lkÖksnkjh leÖkkSrk djds cktkj esa mifLFkfr c<+kus increase market presence and expand the outreach
vkSj igq¡p dk foLrkj djus dk iz;kl dj jgk gSA fooj.k through entering into partnership agreement with
different market players. The details are as mentioned
uhps mfYyf[kr gSa%
below:
i. okf.kfT;d [email protected] midj.k ¼lhoh@ i. Tie Ups with Original Equipment Manufacturers
(OEMs) for Commercial Vehicle/Construction
lhbZ½ ds fy, ewy midj.k fuekZrkvksa
Equipment (CV/CE): Bank has tie-up
¼vksbZ,e½ ds lkFk VkbZ&vi% cSad us 12 izfrf"Br arrangement with 12 reputed Commercial
okf.kfT;d [email protected] midj.k fuekZrkvksa ds Vehicle/Construction Equipment Manufacturers
lkFk VkbZ&vi dh O;oLFkk dh gS rkfd mijksä to position the Bank as preferred financier for
daifu;ksa ds okgu dks [kjhnus ds bPNqd xzkgdksa financing customers intending to purchase the
dks foÙkiksf"kr djus ds fy, cSad dks ilanhnk vehicles of the aforementioned companies.
Qkbusalj ds :i esa LFkkfir fd;k tk ldsA blds Further, Bank is under process of having more
vykok] cSad bl rjg ds vkSj VkbZ&vi O;oLFkk such tie up arrangements.
djus dh izfØ;k esa gSA
bl O;oLFkk ds rgr] 31 ekpZ] 2022 rd 179-70 Under this arrangement, 2112 accounts have
djksM+ #i;s ds 2112 [kkrs Lohd`r fd, x,A been sanctioned amounting to Rs. 179.70 Crore
as on 31st March, 2022.
ii. izfrf"Br fofuekZ.k daifu;ksa ¼vkj,elh½ ii. Tie-up arrangement for Supply Chain financing
ds Mhyjksa dks vkiw£r Jà[kyk foÙkiks"k.k to the dealers of Reputed Manufacturing
ds fy, VkbZ&vi O;oLFkk% cSad us vius Companies (RMCs): Bank has entered into tie
up arrangement with M/s Indian Oil Corporation
Mhyjksa dh foÙkh; t:jrksa dks iwjk djus ds Ltd, M/s Ashok Leyland, M/s Patanjali Ayurved
fy, eSllZ bafM;u vkW;y dkWiksZjs'ku fyfeVsM] Ltd, M/s Action Construction Equipment Ltd, M/s
eSllZ v'kksd yhySaM] eSllZ iratfy vk;qosZn Daimler India Commercial Vehicles Pvt Ltd. to
fyfeVsM] eSllZ ,D'ku daLVªD'ku bfDoiesaV cater to the financing needs of their dealers. As
fyfeVsM] eSllZ Mseyj bafM;k de£'k;y OghdYl on 31st March, 2022, 1,008 accounts amounting
izkbosV fyfeVsM ds lkFk VkbZ&vi O;oLFkk to Rs. 680.90 Crore have been sanctioned under
dh gSA 31 ekpZ] 2022 rd bl O;oLFkk ds rgr the arrangement.
680-90 djksM+ #i;s ds 1]008 [kkrksa dks Lohd`fr
nh tk pqdh gSA
iii. fQu&Vsd daifu;ksa ds lkFk VkbZ&vi% iii. Tie-up with Fin-Tech Companies: For end-to-end
,aM&Vw&,aM ysa¯Mx ¼laxzg vkSj olwyh dh lks²lx½ lending (sourcing to collection & recovery), Bank
ds fy,] geus la;qä ns;rk lewg ¼ts,yth½ ds fy, has made Tie-up with M/s Atyati Technologies
Private Ltd for Joint Liability Group (JLG), with
eSllZ vR;krh VsDuksykWtht izkbosV fyfeVsM ds
M/s Basix Sub-K for Joint Liability Group for Micro
lkFk] lw{e foÙk gsrq la;qä ns;rk lewg ¼ts,y,e½ Finance (JLM) and with M/s Integra Micro System
ds fy, eSllZ csflDl lc&ds ds lkFk vkSj ih,e Pvt. Ltd for PM SVANidhi.
Lofuf/k ds fy, eSllZ baVsxzk ekbØks flLVe izkbosV
fyfeVsM ds lkFk VkbZ&vi fd;k gSA
90
iv. eYVh&pSuy yhM% u, laxBukRed <kaps ds rgr] iv. Multi-channel leads: Under the new
'kk[kkvksa dh izeq[k Hkwfedk vPNh xzkgd lsok iznku djuk organizational structure, the major role of the
vkSj ØsfMV o£Vdy dks xq.koÙkkiw.kZ O;olk; nsuk gSA laidZ branches is to provide good customer service
dk igyk dsUnz gksus ds ukrs] vPNh la[;k esa xq.koÙkkiw.kZ and give quality business leads to credit verticals.
vkSj ifjorZuh; yhM iznku djus ds fy, eaMyksa@vapyksa } Being the first point of contact, Branches shall be
followed up by the Circles/Zones to provide good
kjk 'kk[kkvksa esa vuqorhZ dkjZokbZ dh tk,xhA number of quality & convertible leads.
v. PNB Pride: Bank has developed application PNB

v. ih,uch izkbM% cSad us QhYM inkf/kdkfj;ksa ds ek/;e ls
Pride with a view to enhance the monitoring
fuxjkuh ra=k vkSj yhM izca/ku dks c<+kus ds mn~ns'; ls mechanism and Lead management through the
,fIyds'ku ih,uch izkbM fodflr fd;k gSA field functionaries.
lh- fo'ys"k.k vk/kkfjr izLrko% cSad us gekjs ekStwnk xzkgdksa dks c. Analytical based offers: Bank has defined certain
business rules for analytical based credit offering to
fo'ys"k.k vk/kkfjr _.k is'kd'k ds fy, dqN O;kolkf;d fu;eksa
our existing customers. Leads are generated based on
dks ifjHkkf"kr fd;k gSA ysu&nsu bfrgkl] th,lVh MsVk] xzkgdksa transaction history, GST data, past relationship with
ds lkFk fiNys laca/k] pqdkSrh bfrgkl vkfn ds vk/kkj ij yhM the customers, repayment history etc. Such analytical
tujsV dh tkrh gSaA bl rjg ds fo'ys"k.kkRed yhM laHkkfor leads are offered to the prospective borrowers
mèkkjdrkZvksa dks ,l,e,l ds ek/;e ls izLrqr fd, tkrs gSa] mUgsa through SMS, inviting them for filling Online Loan
dkWiksZjsV osclkbV www.pnbindia.in esa miyC/k oscysal ds ek/;e Application for MSME Loan through WEBLENS
ls ,e,l,ebZ _.k ds fy, vkWuykbu _.k vkosnu Hkjus ds fy, available in corporate website www.pnbindia.in,
vkeaf=kr fd;k tkrk gSA ftls ih,uch ysal dks Hkstk tk,xk vkSj which shall be routed to PNB LenS and marked to the
branch preferred by the prospective borrower.
laHkkfor m/kkjdrkZ dh ilan dh 'kk[kk dks fpfºur fd;k tk,xkA
Mh- fMftVy pSuy% vU; fMftVy pSuyksa tSls ,l,e,l] feLM d. Digital channels: Focus on lead generated through
dkWy] dkWy lsaVj] ,Vh,e] osclkbV] eksckby cSa¯dx vkfn ds other digital channels like SMS, Missed call, Call
Centre, ATM, Website, Mobile Banking etc. is also
ek/;e ls tujsV yhM ij Hkh /;ku dsfUnzr fd;k tk jgk gSA being made.
b- VhvkjbZMh,l IysVQkWeZ ds ek/;e ls m/kkj% VhvkjbZMh,l e. Lending through TreDS Platform: TReDS is an
institutional mechanism set up for financing of trade
,d laLFkkxr ra=k gS tks ljdkjh foHkkxksa vkSj lkoZtfud {ks=k ds receivables of MSMEs from corporate and other
miØeksa ¼ih,l;w½ lfgr dkWiksZjsV vkSj vU; [kjhnkjksa ls ,e,l,ebZ buyers including Government Departments and
dh O;kikj izkfIr;ksa ds foÙkiks"k.k ds fy, LFkkfir fd;k x;k gSA Public Sector Undertakings (PSUs). All the corporates
500 djksM+ #i;s ls vf/kd ds VuZvksoj okys lHkh dkWjiksjsV~l dks having turnover of more than Rs. 500 Crore are to
vfuok;Z :i ls VhvkjbZMh,l IysVQkWeZ ij vkWu&cksMZ djuk gksxkA be compulsorily on-boarded on TReDS platform.
cSad VhvkjbZMh,l ds rhuksa IysVQkWeZ vFkkZr vkj,DlvkbZ,y] Bank uses all the three platform of TReDS i.e. RXIL,
,e1,Dlpsat vkSj ,-VªsM~l dk mi;ksx djrk gSA VhvkjbZMh,l M1xchange & A.Treds. A centralized Hub at Delhi has
been established to undertake operations on TReDS
IysVQkWeZ ij izHkkoh <ax ls lapkyu djus ds fy, fnYyh esa ,d
platform effectively. 2207 Bills were outstanding as on
dsanzhd`r gc LFkkfir fd;k tk,A 31 ekpZ] 2022 rd 2207 fcy 31st March, 2022, amounting to Rs. 767.24 Crore.
cdk;k Fks] ftudh jkf'k #- 767-24 djksM+ #i;s FkhA
,Q- ubZ ;kstukvksa@{ks=k fo'ks"k ;kstukvksa dk f. Simplification/Launching of new schemes/Sector
ljyhdj.k@'kqHkkjaHk tSls% specific schemes such as:
i. LokLF; ns[kHkky [kaM& i. Health Care Segment-
• ih,uch thou j{kd • PNB Jeevan Rakshak
• _.k xkjaVh ;kstuk • Loan Guarantee scheme
• lathouh • Sanjeevani
ii. Cash Flow based lending- PNB Tatkal
ii. dS'k ¶yks vk/kkfjr m/kkj& ih,uch rRdky
iii. GST Return based Lending- GST Express Loan
iii. th,lVh fjVuZ vk/kkfjr m/kkj& th,lVh ,Dlizsl Scheme
_.k ;kstuk
iv. MSME Flagship scheme- MSME Prime Plus
iv. ,e,l,ebZ ¶ySxf'ki ;kstuk& ,e,l,ebZ izkbe Iyl Scheme
;kstuk
91
v. gksVy m|ksx& ih,uch lRdj ;kstuk v. Hotel Industry- PNB Satkar Scheme
vi. jkT; fof'k"V ;kstuk,a& vi. State specific schemes-
• d'ehj ?kkVh ds fy, ih,uch f'kdkjk vkSj • PNB Shikara & Houseboat Scheme for
gkmlcksV ;kstuk Kashmir valley
• mÙkjk[kaM jkT; ds fy, eq[;ea=kh lkSj Lojkstxkj • Mukhya Mantri Saur Swarojgar Yojna for
;kstuk Uttarakhand State
• e/; izns'k ds fy, eq[;ea=kh mn~;e Økafr ;kstuk • Mukhya Mantri Udyam Kranti Yojna for
Madhya Pradesh
• e/; izns'k ds fy, eq[;ea=kh xzkeh.k iFk foØsrk • Mukhya Mantri Gramin Path Vikreta for
Madhya Pradesh
• jktLFkku jkT; ds fy, bafnjk xka/kh 'kgjh ØsfMV • Indira Gandhi Urban Credit Card Scheme for
dkMZ ;kstu Rajasthan State
vii. ifjogu {ks=k& okf.kfT;d okguksa ds foÙkiks"k.k ds fy, vii. Transport Sector- PNB Transport Scheme for
ih,uch ifjogu ;kstuk financing commercial vehicles
viii. fdQk;rh ifjogu ds fy, lrr fodYi viii. Sustainable Alternative Towards Affordable
¼,l,Vh,Vh½& ih,uch daizsLM ck;ks xSl ¼lhchth½ Transportation (SATAT)- PNB Compressed Bio
Gas (CBG)
th- ,e,l,ebZ lqxe _.k vfHk;ku dk 'kqHkkjaHk% udnh izokg g. Launch of MSME Sugam Rin Campaign: To augment
vk/kkfjr m/kkj ;kstukvksa ds rgr O;olk; dks c<+kus vkSj okgu@ the business under cash flow based lending schemes
and tie up arrangements with vehicle/equipment
midj.k fuekZrkvksa ds lkFk VkbZ&vi djus ds fy,] mi;qZä
manufacturers, above mentioned campaign was
vfHk;ku 1 Qjojh] 2022&15 ekpZ] 2022 dh vof/k ds fy, 'kq: launched for the period 1st February, 2022- 15th March,
fd;k x;k FkkA vfHk;ku ds rgr 654-44 djksM+ #i;s dh jkf'k ds 2022. Total 1,764 accounts amounting to Rs. 654.44
dqy 1]764 [kkrs Lohd`r fd, x, gSaA Crore have been sanctioned under the campaign.
1-3 fMftVy igy% 1.3. Digital Initiatives:
,- ih,uch ysal dk O;kid mi;ksx% cSad us vkbZVh vk/kkfjr a. Extensive use of PNB LenS: Bank has developed/
lekèkku vFkkZr ih,uch ysal & _.k izca/ku ds fy, _.k lek/kku customized IT based solution i.e. PNB LenS – The
fodflr @ vuqdwfyr fd;k gSA _.k izca/ku iz.kkyh ¼,y,e,l½ Lending Solution for loan management. After
implementation of Loan Management System (LMS),
ds dk;kZUo;u ds ckn] ewY;kadu izfØ;k dks ekudhd`r fd;k
assessment process is standardized which strengthen
x;k gS tks _.k gkehnkjh dks l'kä cukrk gSA 25 djksM+ #i;s the credit underwriting. All Mudra and MSME
rd ds lHkh eqnzk vkSj ,e,l,ebZ _.k ¼u;[email protected]@o`f)@ loans (fresh/renewal/enhancement/review) up to
leh{kk½ ih,uch ysal dk mi;ksx djds lalkf/kr fd, tk ldrs Rs. 25 Crore can be processed using PNB LenS. In
gSaA 1 vizSy] 2021 ls 31 ekpZ] 2022 rd dqy 1]37]943 vkosnu total 1,37,943 applications (MSME+Mudra) have
¼,e,l,ebZ $ eqnzk½ ij 28]987 djksM+ #i;s dh jkf'k Lohd`r dh been sanctioned amounting to Rs. 28,987 Crore from
xbZ gSA 1st April, 2021 to 31st March, 2022.
ch- bZ&uohuhdj.k ;kstuk dk 'kqHkkjaHk% ewY;kadu izfØ;k dh b. Launch of e-RENEWAL Scheme: In order to increase
efficiency of the appraisal process, reduce TAT
n{krk c<+kus ds fy,] Vh,Vh dks de djus vkSj NksVs m/kkjdrkZvksa and provide ease to small borrowers, a system for
dks lqfo/kk iznku djus ds fy,] cSad }kjk 10 yk[k #i;s rd ds automatic renewal of credit facilities is implemented
,Dlikstj okys dk;Z'khy iwath _.k lqfo/kkvksa gsrq _.k lqfoèkkvksa by the bank for working capital credit facilities having
ds Lor% uohuhdj.k ds fy, ,d iz.kkyh ykxw dh xbZ gSA ;g exposure upto Rs. 10 Lakh. The process will be done
izfØ;k iwoZ&fuèkkZfjr O;kolkf;d fu;eksa ds vk/kkj ij dh tk,xh on the pre-defined business rules and there will be
vkSj izfØ;k uksV@vU; nLrkost rS;kj djus dh dksbZ vko';drk no need to prepare process note/other documents. It
ugha gksxhA ;g Vh,Vh dks de djds ewY;kadu izfØ;k dh n{krk dks will catalyze the efficiency of the appraisal process by
reducing TAT and provide ease to small borrowers. As
mRizsfjr djsxk vkSj NksVs mèkkjdrkZvksa dks lqfoèkk iznku djsxkA 31
on 31st March, 2022, 17,087 accounts amounting to
ekpZ] 2022 rd] 411-06 djksM+ #i;s dh jkf'k ds 17]087 [kkrksa dk Rs. 411.06 Crore have been e-renewed.
bZ&uohuhdj.k fd;k tk pqdk gSA
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lh- ih,uch bZ&eqnzk ¼f'k'kq½ ;kstuk dk 'kqHkkjaHk% fMftVy c. Launch of PNB e-Mudra (Shishu) Scheme: To meet
IysVQkWeZ ds ek/;e ls lw{e vkSj y?kq m|fe;ksa ds _.k dh t:jr out credit need to the Micro and Small entrepreneur
through Digital platform, which will be straight
dks iwjk djus ds fy,] tks 50]000 #i;s rd ds _.k gsrq lh/ks
through process, e-Mudra Scheme for loan upto
izfØ;k ds ek/;e ls] bZ&eqnzk ;kstuk esa gksxk] dks ykxw vkSj ykbo Rs. 50,000 has been implemented and made live.
fd;k x;k gSA bl ekWM~¸kwy esa fu;e vk/kkfjr izlaLdj.k vkSj The module has rule based processing & sanctioning,
Lohd`fr gS] tks iwjh rjg ls flLVe lapkfyr gSA 31 ekpZ] 2022 which is completely system driven. As on 31st March,
rd 724 _.k izdj.k lQyrkiwoZd iwjs fd, tk pqds gSA 2022, 724 loan cases journey has been completed
successfully.
Mh- Psbloansin59minutes-com & 59 feuV ds Hkhrj 5 djksM+ d. Psbloansin59minutes.com - A portal for in-principle
#i;s rd ds ,e,l,ebZ _.kksa ds fy, lS)kafrd eatwjh ds fy, approval for MSME loans upto Rs. 5 Crore within 59
minutes is in place in the name of psbloansin59minutes.
psbloansin59minutes-com ds uke ls ,d iksVZy ekStwn gSA
com. The Bank has on-boarded on this portal and it
cSad bl iksVZy dk mi;ksx dj jgk gS vkSj bls ykbo dj fn;k has been made live. Further, Bank has also on boarded
x;k gSA blds vykok] cSad eqnzk _.k ds fy, eSllZ vkWuykbu for Mudra loans on the Mudra Portal launched by M/s
ih,lch yksUl fyfeVsM }kjk 'kq: fd, x, eqnzk iksVZy ij Hkh Online PSB Loans Ltd. Performance under this segment
gSA O;olk; ds bl [kaM ds rgr cSad dk izn'kZu vPNk jgk gSA of business has remained good for the Bank. We have
lS)kafrd Lohd`fr dks vf/kdre djus ds fy, geus bl iksVZy ij already configured all our flagship MSME products
vius lHkh izeq[k ,e,l,ebZ mRiknksa dks igys gh 'kkfey dj fn;k on this portal to maximize in-principle sanctions.
The customized product for Mudra borrowers under
gSA psbloansin59minutes iksVZy ds rgr eqnzk m/kkjdrkZvksa ds psbloansin59minutes portal commenced w.e.f. March
fy, vuqdwfyr mRikn ekpZ 2020 ls 'kq: gqvkA 2020.
31 ekpZ] 2022 rd ,e,l,ebZ vkSj eqnzk _.k ds fy, izkIr 46]944 As on 31st March, 2022, 43,263 applications have been
disposed out of 46,944 received for MSME & MUDRA
vkosnuksa esa ls 43263 vkosnuksa dk fuiVku fd;k tk pqdk gSA
loans.
2- ,uch,Qlh ds lkFk _.k ds lg&m/kkj ekWMy ij izxfr% 2. Progress on co-lending model of loans with NBFCs: The
vkjchvkbZ us 5 uoacj] 2020 ds ifji=k ds ek/;e ls ,d ubZ ;kstuk RBI vide circular dated 5th November, 2020 superseded co-
Þlg&m/kkj ekWMyÞ ¼lh,y,e½ ds fy, _.kksa dh lg&mRifÙk dks origination of loans to a new scheme “Co- Lending Model”
(CLM) and revised the scheme to improve the flow of credit
can dj fn;k vkSj vFkZO;oLFkk ds lsokjfgr vkSj vi;kZIr lsok okys to the unserved and underserved sector of the economy
{ks=k dks _.k izokg esa lq/kkj djus] cSadksa ls /ku miyC/k djkus vkSj and make available funds from the banks and greater reach
,uch,Qlh dh foLr`r igqap ds fy, ;kstuk dks la'kksfèkr fd;kA of the NBFCs. Bank has entered into tie up arrangement
cSad us eSllZ vkbZvkbZ,Q,y Qkbusal fyfeVsM] eSllZ ysa¯MxdkVZ with M/s IIFL Finance Ltd, M/s Lendingkart Finance Ltd,
Qkbusal fyfeVsM] eSllZ iSlkyks fMftVy fyfeVsM vkSj eSllZ M/s Paisalo Digital Ltd & M/s Vedika Credit Capital. As on
osfndk ØsfMV dSfiVy ds lkFk VkbZ vi O;oLFkk dh gSA 31 ekpZ] 31st March, 2022, 1,002 accounts amounting to Rs. 47.28
2022 rd 47-28 djksM+ #i;s ds 1]002 [kkrs Lohd`r fd, tk pqds gSaA Crore have been sanctioned.
3- frekgh ds nkSjku izkIr iqjLdkj% 3. Awards received during the quarter:
,- ,lkspSe }kjk vk;ksftr 8osa ,e,l,ebZ ,Dlhysal vokMZ vkSj a. Best MSME Bank (PSU) to PNB in 8th MSME Excellence
f'k[kj lEesyu esa ih,uch dks csLV ,e,l,ebZ cSad ¼ih,l;w½ dk Awards & Summit organized by ASSOCHAM.
iqjLdkj iznku fd;k x;kA
ch- [kknh vkSj xzkeks|ksx vk;ksx }kjk iz/kkuea=kh jkstxkj xkjaVh b. 3rd Position in implementing Prime Minister's
dk;ZØe ¼ih,ebZthih½ dks ykxw djus esa rhljk LFkku Employment Generation Programme (PMEGP) by
izkIr fd;kA Khadi & Village Industries Commission.
vi. foÙkh; lekos'ku vi. Financial Inclusion
cSad foÙkh; lekos'ku ds {ks=k esa ubZ igysa djus esa vxz.kh jgk gSA Bank has been the pioneer in taking initiative in the
cSad 2012 ls dkjksckj izfrfuf/k ¼chlh½ lsok,a iznku dj jgk gS vkSj area of financial inclusion. Bank is providing Business
Correspondents (BCs) services since 2012 & implementing
mi lsok {ks=k ¼,l,l,½ rFkk xSj ,l,l, {ks=k esa chlh ds izHkkoh
comprehensive Financial Inclusion Program through
mi;ksx ds ek/;e ls O;kid foÙkh; lekos'ku dk;ZØe ykxw dj effective utilization of BCs in Sub Service Area (SSA) & non
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jgk gSA ,l,l, dqN xkaoksa dk lewg gS vkSj cSad dh ,d ewy 'kk[kk SSA. SSA is a cluster of few villages and is linked to one base
ls tqM+k gqvk gSA branch of the Bank.
a. Bank has implemented Pradhan Mantri Jan Dhan
,- cSad us vf[ky Hkkjrh; vk/kkj ij chlh ds ek/;e ls iz/kkuea=kh Yojana (PMJDY) and other financial inclusion services
tu /ku ;kstuk ¼ih,etsMhokbZ½ vkSj vU; foÙkh; lekos'ku through BCs on PAN India basis. Overdraft facilities up
lsokvksa dks ykxw fd;k gSA ih,etsMhokbZ [kkrksa esa 10]000 #i;s to Rs. 10,000 in PMJDY accounts provided to eligible
rd dh vksojMªk¶V lqfo/kk,a ik=k [kkrk/kkjdksa ¼vk;qoxZ 18&65½ dks account holders (age group 18-65).
miyC/k djokbZ xbZ gSA
b. Biometric based Aadhar seeding and authentication
ch- 'kk[kkvksa esa ck;ksesfVªd vk/kkfjr vk/kkj ntZ djuk vkSj izek.khdj.kA at branches.
lh- chlh LFkyksa ds lkFk&lkFk 'kk[kkvksa vkSj baVjusV cSa¯dx ds c. Social security schemes, i.e. Pradhan Mantri Jeevan
Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha
ek/;e ls lkekftd lqj{kk ;kstuk,a] vFkkZr iz/kkuea=kh thou
Bima Yojana (PMSBY) and Atal Pension Yojana (APY)
T;ksfr chek ;kstuk ¼ih,etstschokbZ½] iz/kkuea=kh lqj{kk chek facilities, are available at BC locations as well as
;kstuk¼ih,e,lchokbZ½ vkSj vVy isa'ku ;kstuk ¼,ihokbZ½ lqfoèkk,a] branches and through internet banking. The Progress
miyC/k gSaA lkekftd lqj{kk ;kstukvksa dh izxfr fuEukuqlkj gS% of Social Security Schemes till date is as under:
• ih,etstschokbZ% 31 ekpZ] 2022 rd] 43-23 yk[k xzkgdksa • PMJJBY: As on 31st March, 2022, 43.23 Lakh
customers enrolled.
us ukekadu fd;kA
• PMSBY: As on 31st March, 2022, 180.64 Lakh
• ih,e,lchokbZ% 31 ekpZ] 2022 rd] 180-64 yk[k xzkgdksa
customers enrolled.
us ukekadu fd;kA
• APY: As on 31st March, 2022, 20.10 Lakh
• ,ihokbZ% 31 ekpZ] 2022 rd] 20-10 yk[k xzkgdksa us customers enrolled.
ukekadu fd;kA
orZeku esa] cSad] xzkeh.k] v/kZ&'kgjh] 'kgjh vkSj esVªks dsanzksa esa 15]719 At present, Bank is providing basic banking services
chlh izfrfuf/k @ cSad fe=k ds ek/;e ls cSad dh vko';drk through 15,719 BC Agents/Bank Mitras (PAN India) in Rural,
Semi-Urban, Urban and Metro centres depending upon the
ds vkèkkj ij cqfu;knh cSa¯dx lsok,a iznku dj jgk gSA chlh
requirement of the Bank. The BCs Agent/Bank Mitra use
izfrfuf/k@cSad fe=k cSa¯dx lsok,a iznku djus ds fy, ekbØks Micro ATM/Laptop/Desktop/Mobile/Tab etc. for providing
,Vh,e@ySiVkWi@MsLdVkWi@eksckby@VSc vkfn dk mi;ksx djrs the banking services. At present following services as per
gSaA orZeku esa fd;ksLd cSa¯dx lek/kku ds ek/;e ls chlh LFkkuksa EASE agenda of Department of Financial Services (DFS) is
ij Mh,Q,l ds bZt ,tsaMk ds vuqlkj lsokvksa lfgr fuEufyf[kr available at BC locations through Kiosk Banking Solution:
lsok,a miyC/k gSa%
i. Savings Account Opening
i. cpr [kkrk [kksyuk
ii- fe;knh tek jlhn¼VhMhvkj½@vkorhZ tek¼vkjMh½ [kksyuk] ii. Term Deposit Receipt (TDR)/ Recurring Deposit (RD)
opening, Renew TD/RD
VhMh@vkjMh uohuhdj.k
iii. udn tek ¼viuk cSad½ iii. Cash Deposit (own bank)
iv- udn fudklh ¼gekjs ij½] udn fudklh ¼gels vyx½ iv. Cash Withdrawal (on us), Cash withdrawal (off us)
v- fuf/k varj.k ¼viuk cSad½] fuf/k varj.k¼vU; cSad&vk/kkj v. Fund transfer (own bank), Fund transfer (other Bank—
Aadhaar Enabled Payment System (AEPS)/RuPay card)
l{ke Hkqxrku iz.kkyh ¼,bZih,l½@:is dkMZ½
vi. Immediate Payment Service (IMPS), National
vi. rRdky Hkqxrku lsok ¼vkb,eih,l½ jk"Vªh; bysDVªkWfud
Electronic Funds Transfer (NEFT), Indo-Nepal
fuf/k varj.k ¼,ubZ,QVh½ Hkkjr&usiky /ku&isz"k.k Remittance
vii- 'ks"k iwNrkN ¼viuk cSad½] 'ks"k iwNrkN ¼vU; cSad½ vii. Balance enquiry (own bank), Balance enquiry (other
bank)
viii- #is MsfcV dkMZ ds fy, vkosnu djuk] MsfcV dkMZ dks CykWd viii. Apply for RuPay debit cards, Block debit card
djuk
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ix- lkekftd lqj{kk ;kstukvksa vFkkZr lw{e nq?kZVuk e`R;q chek ix. Enrol for social security schemes i.e. micro accidental
¼ih,e,lchokbZ½] lw{e thou chek ¼ih,etstschokbZ½] isa'ku death insurance (PMSBY), micro life insurance
(PMJJBY), pension scheme (APY)
;kstuk ¼,ihokbZ½ ds fy, ukekadu djukA
x. Aadhaar seeding
x- vk/kkj ntZ djukA
xi- Lo;a lgk;rk lewg ¼,l,pth½ rFkk la;qä ns;rk lewg xi. Self Help Group (SHG) & Joint Liability Group (JLG): For
¼ts,yth½% ØsfMV ¯ydst lfgr xBu vkSj izpkj ds fy, formation & promotion, including credit linkage
xii- iklcqd viMsV] feuh LVsVesaV xii. Passbook update, Mini statement
xiii- pSd laxzg xiii. Cheque collection
xiv- ubZ psd cqd vuqjks/k] psd dk Hkqxrku jksduk] psd dh fLFkfr xiv. Request new cheque book, Stop payment of cheque,
dh tkap djuk Cheque status enquiry
xv- ,l,e,l vyVZ @ bZesy LVsVesaV ¼iathd`r eksckby uacj @ xv. Request for SMS alert / email statement (registered
bZ&esy½ ds fy, vuqjks/kA mobile number/e-mail).
xvi- Hkkjr fcy Hkqxrku iz.kkyh ¼chchih,l½ xvi. Bharat Bill Payment System (BBPS)
xvii- cSad }kjk vuqeksfnr lhek rd [email protected] xvii. Recovery/Collection up to bank approved limits.
bZ- n`f"Vdks.k E. Outlook
jk"Vªh; lkaf[;dh; dk;kZy; ¼,u,lvks½ }kjk tkjh foÙk o"kZ Gross Domestic Product (GDP) as per the provisional
estimates for FY 2021-22 released by National Statistical
2021&22 ds f}rh; vfxze vuqeku ds vuqlkj ldy ?kjsyw mRikn
Office (NSO) is 8.7 per cent. The recoup of contact-intensive
¼thMhih½ 8-7 izfr'kr gSA xgu laidZ&lsokvksa dh vkiw£r vkSj c<+rs services and rising discretionary spending is leading private
foosdk/khu [kpZ futh [kir dks fQj ls xfr iznku dj jgs gSA consumption to regain its momentum. Because of the
ekulwu ds iwokZuqeku ds dkj.k] d`f"k dh laHkkouk,a Hkh mTtoy monsoon forecast, the agricultural prospects are brighter
gSaA blds lkFk gh fuos'k pØ esa Hkh iqu#)kj ds ladsr fn[kkbZ ns too. Along with this, even the investment cycle show signs of
jgs gSaA fu;kZr vkSj vk;kr Hkh fiNys o"kks± dh rqyuk esa etcwr gSaA revival. The exports and imports are also robust compared
cSa¯dx {ks=k ds laca/k esa] foÙk o"kZ 2021&22 esa ,uih, esa fxjkoV ns[kh to previous years. As regards banking sector, it has seen
xbZ gS tks ØsfMV mBko dks c<+kok nsxh D;ksafd mRiknd ds mi;ksx downward trend in NPAs in FY 2021-22 which shall give
boost to the credit offtake as capital will remain available
ds fy, iwath miyC/k jgsxhA gkykafd] Hkw&jktuhfrd ruko] c<+h
for productive utilisation. However, challenges in the form
gqbZ oLrqvksa dh dherksa vkSj /kheh ckgjh ekax ds :i esa pqukSfr;ka] of geo political tensions, elevated commodity prices and
vFkZO;oLFkk ds fujarj vkSj lekos'kh fodkl dh fn'kk esa ,d ck/kk slowing external demand may remain as a barrier towards
ds :i esa jg ldrh gSaA sustained and inclusive growth of the economy.
,Q- tksf[ke ,oa ¯prk,a F. Risks & Concerns
tksf[ke cSad ds O;olk; lapkyu dk vfHkUUk vax gSA cSad izeq[k Risk is integral part of the Bank’s business operations. Bank
is exposed to major risks namely credit risk, market risk,
tksf[keksa tSls _.k tksf[ke] cktkj tksf[ke] ifjpkyu tksf[ke]
operational risk, liquidity risk and interest rate risk and has
rjyrk tksf[ke vkSj C;kt nj tksf[ke ds laidZ esa gS vkSj mu put in place measures, policies, systems, and procedures to
tksf[keksa dks izcaf/kr djus vkSj de djus ds fy, mik;ksa] uhfr;ksa] manage and mitigate those risks.
iz.kkfy;ksa vkSj izfØ;kvksa dks ykxw fd;k gSA
Credit Risk
ØsfMV tksf[ke
cSad ds ikl ,d etcwr _.k tksf[ke izca/ku #ijs[kk gS vkSj mlus Bank has a robust Credit Risk Management framework
and has developed in-house credit risk rating models for
dkWiksZjsV m/kkjdrkZvksa ds tksf[ke ewY;kadu ds fy, bu&gkml
risk assessment of corporate borrowers. Bank has also
ØsfMV tksf[ke js¯Vx ekWMy fodflr fd, gSaA cSad us [kqnjk developed and implemented scoring models in respect
vfxzeksa] ,e,l,ebZ vkSj d`f"k {ks=k ds vfxzeksa ds laca/k esa Ldks¯jx of Retail advances, MSME and Farm sector advances. In
ekWMy Hkh fodflr vkSj dk;kZfUor fd, gSaA blds vykok] cSad us addition, the Bank has developed credit scoring models
ih,uch laifÙk] ih,uch th,lVh ,Dlizsl _.k vkSj lg&m/kkj
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O;oLFkk tSls fo'ks"k [kaM ds fy, fMt+kbu dh xbZ fof'k"V m/kkj to capture the peculiarity of specific lending schemes
;kstukvksa dh ckjhfd;ksa dks dSIpj djus ds fy, ØsfMV Ldks¯jx designed for a particular segment such as PNB Sampatti,
PNB GST express loan and co-lending arrangements.
ekWMy fodflr fd, gSaA
bu ekWMyksa dh izHkko'khyrk lqfuf'Pkr djus ds fy, cSad vius Bank undertakes periodic validation exercise of its rating
js¯Vx ekWMyksa dk vkof/kd lR;kiu dk dk;Z djrk gSA cSad vius models to ensure the efficacy of these models. Bank
ØsfMV tksf[ke js¯Vx ekWMy ds lqn`<+hdj.k dk ijh{k.k djus ds also conducts migration and default rate analysis to test
fy, izoklu vkSj fMQ+kWYV nj fo'ys"k.k dk dk;Z Hkh djrk gSA robustness of its credit risk rating models. Output of
rating models is linked to decision making in the Bank
js¯Vx ekWMy dk vkmViqV cSad esa fu.kZ; ysus ls tqM+k gksrk gS ¼vFkkZr (viz. sanction, pricing, loaning powers besides audit,
eatwjh] ewY; fu/kkZj.k] vkWfMV ds vykok _.k nsus dh 'kfä] ØsfMV review & monitoring of credit portfolio). Bank has put in
iksVZQksfy;ks dh leh{kk vkSj fuxjkuh½A cSad us _.k tksf[ke izca/ku several policies covering almost all aspects of credit risk
ds yxHkx lHkh igyqvksa dks 'kkfey djrs gq, vkSj izHkkoh m/kkj dh management and to have a uniform set of effective lending
izSfDVl dk ,d fuf'Pkr lsV j[kus ds fy, dbZ uhfr;ka cukbZ gSaA practices.
izfØ;kvksa ds Lopkyu vkSj vuqikyu esa o`f) ds O;kid mís'; ds In pursuance of overarching objective of automation
of processes and increase compliance, Bank has taken
vuqlj.k esa] cSad us #-50]000 rd ds _.k ds fy, ih,uch bZ&eqæk
initiatives towards digital lending in the form of PNB e-
¼f'k'kq½ ;kstuk ds :i esa fMftVy _.k vkSj osruHkksxh ¼ljdkjh Mudra (Shishu) Scheme for loans upto Rs. 50,000 and pre-
vkSj lkFk gh futh deZpkfj;ksa½ O;fä;ksa vkSj isa'kuHkksfx;ksa ds fy, approved personal loan for salaried (Government as well
iwoZ&vuqeksfnr O;fäxr _.k nsus dh fn'kk esa igy dh gSA bu as Private employees) individuals and pensioners. These
ekWM~¸kwy esa fu;e vk/kkfjr izlaLdj.k vkSj LohD`fr gS] tks iwjh rjg modules have rule based processing & sanctioning, which
ls flLVe lapkfyr gS vkSj bu mRiknksa ds fy, vyx ls Ldks¯jx is completely system driven and separate scoring models
ekWMy fodflr fd, x, gSaA have been developed for these products.
cSad us #-10 yk[k rd ,Dlikst+j okyh dk;Z'khy iwath _.k Bank has launched e-RENEWAL Scheme, an automatic/
Straight through Process (STP) for renewal of credit facilities
lqfoèkkvksa ds fy, _.k lqfo/kkvksa ds uohuhdj.k ds fy, ,d for working capital credit facilities having exposure upto
Lopkfyr@LVªsV Fkzw izkslsl ¼,lVhih½] bZ&uohuhdj.k ;kstuk 'kq: Rs. 10 Lakh.
dh gSA
vkfLr;ksa esa ncko ds fuekZ.k ds dkj.kksa dh fuxjkuh ds eqís dk Bank has in place an Early Warning monitoring tool ‘PNB
irk yxkus vkSj vfxzeksa dh izHkkoh fuxjkuh ds fy, #-1-00 djksM+ -SAJAG’ (Early Warning Signal+Preventive Monitoring
ls vf/kd ds ,Dlikstj gsrq cSad ds ikl ,d izkjafHkd psrkouh System) for exposures above Rs. 1 Crore to address the
issue of monitoring causes of build-up of stress in assets
fuxjkuh midj.k *ih,uch&,l,ts,th* ¼izkjafHkd psrkouh ladsr and for effective monitoring of advances. The system
$ fuokjd fuxjkuh iz.kkyh½ gSA flLVe 136 iwoZ psrkouh ladsrksa captures 136 Early Warning Signals including 42 signals
dks dSIpj djrk gS ftlesa vkjchvkbZ }kjk fu/kkZfjr 42 flXuy prescribed by RBI and 85 signals prescribed by DFS. These
vkSj Mh,Q,l }kjk fu/kkZfjr 85 flXuy 'kkfey gSaA ;s izfØ;k,a processes helps to achieve quick & accurate delivery and
_.k dh Rofjr vkSj lVhd fMyhojh vkSj fuxjkuh djus esa lg;rk monitoring of credit, bring uniformity in the appraisal and
djrh gSa] ewY;kadu esa ,d:irk ykrh gSa vkSj MsVk ds LVksjst vkSj facilitate storage of data & analysis thereof.
fo'ys"k.k dh lqfo/kk iznku djrh gSaA
Bank has also implemented EWS system for Retail & MSME
cSad us ,d _.k lwpuk daiuh dh lsokvksa dh lnL;rk ds ek/;e
segment (exposure up to Rs. 1 Crore) through subscription
ls [kqnjk ,oa ,e,l,ebZ [kaM ¼#-1 djksM+ rd dk ,Dlikstj½ ds to the services of a Credit Information Company wherein
fy, bZMCY;w,l iz.kkyh Hkh ykxw dh gS] ftlesa [kqnjk m/kkjdrkZvksa on change in credit profile of retail borrowers & MSME
vkSj ,e,l,ebZ m/kkjdrkZvksa ¼#-1 djksM+ rd ds ,Dlikstj½ ds borrowers (exposure up to Rs. 1 Crore) with our/other
ØsfMV izksQkby esa ifjorZu ij gekjs@ vU; cSadksa esa nSfud vk/kkj banks, triggers are being generated on daily basis and
ij fVªxj tujsV fd, tk jgs gSa vkSj vko';d dkjZokbZ gsrq QhYM sent to field functionaries for taking necessary action.
inkf/kdkfj;ksa dks Hksts tk jgs gSaA bZMCY;w,l fVªxlZ ds vykok] cSad Apart from EWS triggers, Bank is also getting leads, which
dks Hkh yhM izkIr gks jgh gS] tks u, dkjksckj dks c<+kus ds fy, vPNs are providing good cross-sell/upsell opportunities for
garnering fresh business.
ØkWl&lsy@vilsy volj iznku dj jgs gSaA
cSad us m|ksxksa dk vkarfjd tksf[ke ewY;kadu djus ds fy, m|ksx Bank has established Industry Research Desk to carry out
vuqla/kku MsLd dh LFkkiuk dh gSA izR;sd m|ksx dk m|ksx in-house risk assessment of Industries. Industry Handout
gSaMvkmV tksf[ke ewY;kadu ds vk/kkj ij rS;kj fd;k tkrk gS vkSj of each industry is prepared based on risk assessment and
it is used as an input in the Bank's credit risk rating and
bldk mi;ksx cSad dh _.k tksf[ke js¯Vx esa ,d buiqV ds :i esa
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fd;k tkrk gS vkSj _.k fu.kZ; dks lwfpr djrk gSA informed credit decision making.
cktkj tksf[ke vkSj vkfLr ns;rk izca/ku Market risk and Asset Liability Management
cSad esa ckt+kj tksf[ke izca/ku dk;ks± ds fy, lqifjHkkf"kr laxBukRed Bank has in place a well-defined organizational structure
lajpuk ekStwn gS tks ckt+kj tksf[ke vFkkZr C;kt nj tksf[ke] for market risk management functions, which looks into the
bfDoVh ewY;tksf[ke ,oa fons'kh fofue; tksf[ke ds lexz izca/ku process of overall management of market risk viz. interest
dh izfØ;k dh ns[k js[k djrh gS vkSj blds ekiu ,oa fuxjkuh rate risk, equity price risk & foreign exchange risk, and
dh dk;Z iz.kkfy;ksa dks dk;kZfUor djrh gSA cktkj tksf[ke dh implements methodologies for measuring and monitoring
the same. Market Risk Management Committee (MRMC)
vPNh vkSj fof'k"V fuxjkuh ds fy, cktkj tksf[ke izcaèku lfefr has been formed for better and specific monitoring of
¼,evkj,elh½ dk xBu fd;k x;kA Vªst+jh ifjpkyu esa tksf[ke Market Risk. Tools like stress testing, duration, modified
izca/ku gsrq ncko ijh{k.k] vof/k] la'kksf/kr vof/k] ihoh01] oh,vkj duration, PV01, VaR etc. are being used effectively in
vkfn tSls lk/kuksa dk izHkkoh :i ls mi;ksx fd;k tk jgk gSA managing risk in the Treasury operations. A separate VaR
iksVZQksfy;ks dks izHkkfor djus okys tksf[keksa dh csgrj leÖk j[kus module has been implemented in Finacle Treasury to
ds fy, iksVZQksfy;ks ds oh,vkj dks vf/kd ckj tujsV djus ds generate VaR of portfolios more frequently to have better
fy, fQusdy Vªstjh esa ,d vyx oh,vkj ekWM~¸kwy ykxw fd;k understanding of risks affecting the portfolio. Further,
Country Risk Premium is also introduced in country risk
x;k gSA blds vykok izHkkoh ewY; fu/kkZj.k ds fy, ns'k tksf[ke
exposure for effective pricing.
,Dlikst+j esa ns'k tksf[ke izhfe;e Hkh is'k fd;k x;k gSA
cSad dk vkfLr ns;rk izca/ku fdlh Hkh ?kVuk ls fuiVus ds fy, Asset Liability management of the Bank is done on proactive
lfØ; :i ls dk;Z djrk gSA cSad pyfuf/k ncko ijh{k.k djrk gS basis to manage any eventuality. Bank conducts liquidity
stress testing and accordingly have prepared contingency
vkSj rnuqlkj fdlh Hkh laHkkfor py fuf/k ladV ls fuiVus ds fy,
funding plan to tide over liquidity crunch if at all it arises.
cSad us vkdfLed fu/kh;u ;kstuk cukbZ gSA cSad fdlh Hkh pyfuf/k The Bank is managing its liquid assets on a continuous basis
dh vko';drk dks iwjk djus ds fy, fujarj vk/kkj ij viuh rjy to meet any liquidity requirement.
vkfLr;ksa dk izca/ku dj jgk gSA
ifjpkyuxr tksf[ke Operational Risk
cSad esa ifjpkyuxr tksf[ke izca/ku dk;Z gsrq lqifjHkkf"kr Bank has in place a well-defined organizational structure
laxBukRed lajpuk ,oa <kapk ekStwn gSA cSad fgLVksjhdy gkfu and framework for operational risk management
MkVk ds fo'ys"k.k] tksf[ke fu;a=k.k ,oa Lo&fu/kkZj.k losZ{k.k functions. The Bank is identifying, measuring, monitoring
and controlling/mitigating the operational risk by analyzing
¼vkjlh,l,½ egRoiw.kZ tksf[ke lwpdksa ¼dsvkjvkbZ½ vkSj historical loss data, Risk Control & Self-Assessment Surveys
ifjn`';&fo'ys"k.k vkfn }kjk ifjpkyu tksf[ke dh igpku] (RCSAs), Key Risk Indicators (KRIs) and Scenario Analysis
ekiu] fuxjkuh vkSj fu;a=k.k@'keu dj jgk gSA fofo/k Lrjksa ij etc. The Bank has also introduced an online OpRisk Solution
MsVk laxzg ,oa izca/k lwpuk iz.kkyh ds fofHkUUk igyqvksa dk /;ku under Enterprise wide Data Warehouse Project and placed
j[kus ds fy, cSad us baVjizkbZt+ okbM MsVk os;jgkml ifj;kstuk it on central server to take care of various aspects of data
ds varxZr dsanzh; loZj ij vkWuykbu ifjpkyu tksf[ke lek/kku capturing and management information system at various
dk Hkh vkjaHk fd;k gSA levels.
vkarfjd iwath i;kZIrrk ewY;kadu izfØ;k ¼vkbZlh,,ih½ Internal Capital Adequacy Assessment Process (ICAAP)
cSad ds ikl ,d O;kid vkbZlh,,ih uhfr gS ftls ok£"kd :i ls Bank has in place a comprehensive Internal Capital
v|ru fd;k tkrk gS vkSj vkbZlh,,ih nLrkost ftls v/kZok£"kd Adequacy Assessment Process (ICAAP) policy updated
annually and ICAAP document which is being put up to Top
vk/kkj ij 'kh"kZ izca/ku dks izLrqr fd;k tkrk gSA vkbZlh,,ih
Management on semi-annual basis. ICAAP addresses both
fiyj&I vkSj fiyj&II nksuksa tksf[keksa dh ns[kjs[k djrk gS rFkk the Pillar-I and Pillar-II risks and to have a holistic view of
cSad dks gksus okys fofHkUUk tksf[keksa ds izHkko ij lexz n`f"V j[kus impact of various risks which the Bank is exposed to, an
ds fy, fofHkUUk tksf[keksa dks ekius@ewY;kadu djus dh izfØ;k dh exercise is carried out to quantify/assess various risks. The
tkrh gSA tksf[ke ewY;kadu vkSj izca/ku izfØ;k dks vkbZlh,,ih risk assessment & management processes are covered
nLrkostksa esa foLrkj ls 'kkfey fd;k x;k gSA ;g nLrkost+ ,dy at length in the ICAAP document. The document is being
vkSj lesfdr nksuksa vk/kkj ij rS;kj fd;k tk jgk gSA prepared on both solo and consolidated basis.
cSad ds ikl ,d O;kid tksf[ke ,isVkbZV izseodZ gSA izseodZ Bank has a comprehensive Risk Appetite Framework in
nLrkost+ cSad ds Hkhrj blds izHkkoh dk;kZUo;u ds fy, ,d 'kklu place. The document sets out the Risk Appetite Statement
97
vkSj fuxjkuh <kapk iznku djus ds lkFk&lkFk tksf[ke ,isVkbZV along with providing a governance and monitoring
framework for its effective implementation within the
fooj.k fu/kkZfjr djrk gSA tksf[ke ,isVkbZV dks izR;sd iSjkehVj ds
Bank. Risk Appetite has been defined in terms of different
fy, tksf[ke lhek vkSj tksf[ke lhek Lrj ds lkFk fofHkUUk ekinaMksa parameters along with the Risk limit and Risk threshold
ds lanHkZ esa ifjHkkf"kr fd;k x;k gSA level for each parameter.
lewg tksf[ke Group Risk
cSad ds ikl lewg tksf[ke <kapk gS tks fijkfeM n`f"Vdks.k ij Bank has group risk framework which is based on pyramid
vkèkkfjr gS tks 'kh"kZ ij tksf[ke ,ihVkbZV ls 'kq: gksrk gS vkSj approach starting with risk appetite at top and progressing
'kklu] izfØ;kvksa vkSj izca/ku fjiks²Vx ds ek/;e ls vkxs c<+rk gSA through, Governance, Processes and Management
cSad us lgk;d daifu;ksa vkSj fons'kh 'kk[kkvksa ij /;ku dsafær djus reporting. Bank has strengthened its Group Risk Monitoring
ds vykok lg;ksfx;ksa ¼vkjvkjch lfgr½ vkSj la;qä m|e ¼tsoh½ by extending the group risk assessment of associates
(including RRBs) and Joint Venture (JVs) in addition to
ds lewg tksf[ke ewY;kadu dk foLrkj djds viuh lewg tksf[ke
focusing on subsidiaries and overseas branches. Further
fuxjkuh dks etcwr fd;k gSA blds vykok lewg vkbZlh,,ih Group ICAAP is prepared to assess the various risks (both
fofHkUUk tksf[keksa ¼LraHk I vkSj LraHk II nksuksa½ dk vkdyu djus ds Pillar I and Pillar II) to which the group is exposed to, how
fy, rS;kj gS] ftuls lewg mtkxj gksrk gS] cSad bu tksf[keksa dks the bank mitigates these risks, and to arrive at an internally
dSls de djrk gS] vkSj bu tksf[keksa ds vuq:i iwath i;kZIrrk ds computed level of capital adequacy consistent with these
vkarfjd :i ls x.kuk Lrj ij igqapus ds fy, rS;kj gSA risks.
fu;ked fn'kkfunsZ'k% cSad us csly III ds varxZr tksf[ke Regulatory Guidelines: Bank has adopted Standardized
Hkkfjr vkfLr;ksa ¼vkjMCY;w,½ dh x.kuk ds fy, _.k tksf[ke Approach for Credit Risk, Standardized Duration Approach
gsrq ekudhd`r n`f"Vdks.k] ckt+kj tksf[ke gsrq ekudhd`r vof/k for Market Risk and Basic Indicator Approach for
n`f"Vdks.k vkSj ifjpkyu tksf[ke gsrq ewy ladsrd n`f"Vdks.k dks Operational Risk for computation of Risk Weighted Assets
(RWA) under Basel III. Risk governance is affected through
viuk;k gSA tksf[ke vfHk'kklu fofHkUUk uhfr;ksa ds ifjfu;kstu ds
deployment of various policies which are in sync with the
ek/;e ls izHkkfor gksrh gS tksfd Hkkjrh; fjt+oZ cSad ¼vkjchvkbZ½ ds Reserve Bank of India (RBI) guidelines.
fn'kkfunsZ'kksa ds vuq:i gSaA
cSad dh ;kstuk _.k] cktkj vkSj ifjpkyu tksf[ke ds fy, Bank also plans to migrate to advanced approaches for
vkjMCY;w,@iwath izHkkj dh x.kuk ds fy, mUUkr n`f"Vdks.k viukus computation of RWA/Capital charge for Credit, Market and
dh gS] tks fu;ked ls vuqeksnu izkIr gksus ds v/khu gSA cSad igys ls gh Operational Risks subject to approval from the regulator.
_.k tksf[ke gsrq QkmaMs'ku vkarfjd js¯Vx vk/kkfjr ¼,QvkbZvkjch½ The Bank is already under parallel run for Foundation
n`f"Vdks.k rFkk ifjpkyu tksf[ke gsrq ekudhd`r n`f"Vdks.k ¼Vh,l,½ Internal Rating Based (FIRB) approach for Credit Risk and
The Standardized Approach (TSA) & Advanced
,oa mUUkr ekiu n`f"Vdks.k ¼,,e,½ dks viukus ds lekukarj lapkyu Measurement Approach (AMA) for Operational Risk.
esa gSA gkykafd] ifjpkyu tksf[ke ds fy, Vh,l, vkSj ,,e, dks vc However, TSA and AMA for Operational Risk have now
Hkkjrh; fjtoZ cSad }kjk can dj fn;k x;k gSA cSad =kSekfld vk/kkj been discontinued by RBI. The Bank is reporting its capital
ij Hkkjrh; fjtoZ cSad dks ,QvkbZvkjch ds vuqlkj viuh iwath vkSj and RWA as per FIRB to RBI on quarterly basis. The Bank
vkjMCY;w, dks fjiksVZ djrk gSA cSad us ckt+kj tksf[ke gsrq vkarfjd has submitted a formal Letter of Intent for adoption of
ekWMy n`f"Vdks.k ¼vkbZ,e,½ vkSj ØsfMV tksf[ke gsrq mUUkr vkarfjd Internal Models Approach (IMA) for Market risk and
js¯Vx vk/kkfjr ¼,vkbZvkjch½ n`f"Vdks.k dks viukus gsrq vkSipkfjd Advanced Internal Rating Based (AIRB) Approach for Credit
Risk. Necessary actions required in this regard have been
i=k izLrqr fd;k gSA bl laca/k esa lHkh vko';d dkjZokbZ vkjEHk dh
initiated.
tk pqdh gSA
Bank has computed the operational risk capital requirement
cSad us Þlapkyu tksf[ke ds fy, U;wure iwath vko';drkvksa based on “Draft Master Direction on Minimum Capital
ij Mªk¶V ekLVj funsZ'kÞ ds vk/kkj ij ifjpkyu tksf[ke iwath Requirements for Operational Risk” also called as New
vko';drk dh x.kuk dh gS] ftls ifjpkyu tksf[ke ds fy, u;k Standardized approach for operational risk.
ekudhd`r n`f"Vdks.k Hkh dgk tkrk gSA
Bank is calculating Expected Credit Loss (ECL) under Indian
cSad Hkkjrh; fjt+oZ cSad ds izk:i fn'kkfunsZ'kksa ds vuqlkj frekgh Accounting Standard (Ind AS) as per the draft guidelines
vk/kkj ij Hkkjrh; ys[kkekud ¼Ind AS½ ds rgr vuqekfur _.k of Reserve Bank of India on quarterly basis and the results
gkfu¼bZlh,y½ dh x.kuk dj jgk gS vkSj blds ifj.kke fu/kkZfjr are submitted to the Reserve Bank of India on prescribed
izk:i ij Hkkjrh; fjt+oZ cSad dks izLrqr fd, tkrs gSaA Proforma.
98
cSad us iwath ij tksf[ke lek;ksftr izfrykHk ¼vkj,vkjvkslh½ Bank has developed Risk Adjusted Return on Capital
<kapk fodflr fd;k gS tks _.k fu.kZ;ksa dks l{ke cukus ds fy, (RAROC) framework which provides Bank with a single
scale for comparing the return on capital for each credit
izR;sd _.k izLrko ds fy, iwath ij izfrQy dh rqyuk djus ds
proposal to enable credit decisions. The framework helps
fy, cSad dks ,dy iSekuk iznku djrk gSA <kapk ;g vkdyu djus in assessing whether returns generated by the business
esa lgk;rk djrk gS fd D;k O;kikj izLrko ls mRiUUk fjVuZ tksf[ke proposition is commensurate with the risk perceived
ds vuq:i gS] ftlls 'ks;j/kkjd dh bfDoVh ds ewY; dks vf/kdre thereby maximizing the value of the shareholder’s equity.
fd;k tk ldrk gSA
G. Internal Control System
th- vkarfjd fu;a=k.k iz.kkyh
i. _.k ys[kkijh{kk ,oa leh{kk i. Credit Audit and Review
foÙkh; o"kZ 2021&22 ds nkSjku] lHkh ?kjsyw ,oa fons'kh nksuksa During FY 2021-22, Credit Audit has been undertaken
for all eligible loan accounts both domestic and
rjg ds ik=k _.k [kkrksa gsrq _.k ys[kkijh{kk vkjaHk dh xbZ
overseas. In terms of Loan Review Mechanism (LRM)
FkhA _.k leh{kk ra=k ¼,yvkj,e½ uhfr ds lanHkZ esa] foÙkh; Policy, during FY 2021-22, the coverage of audit is
o"kZ 2021&22 ds nkSjku] ,d o"kZ esa vkjchvkbZ vkSj cSad dh 58.91 per cent of Bank’s net standard credit as on
uhfr dh vko';drk ds de ls de Øe'k% 30% ls 40% 31st March, 2021 against Reserve Bank of India and
ds fo#) 31-03-2021 dks cSad ds fuoy ekud _.k dh Bank’s policy requirement of at least 30 per cent to
ys[kkijh{kk dk dojst 58-91% gSA cSad us _.k ys[kkijh{kk 40 per cent respectively in a year. The Bank has also
vkWuykbu dk;ZØe ¼ØsfMV vkWfMV ekWM~¸kwy½ dh izfØ;k Hkh started the process of Credit Audit Online Program
vkjaHk dh gS tksfd _.k ys[kkijh{kk dk ,d isijysl] izHkkoh] (Credit Audit Module) which is a paperless, effective,
accurate and time saving tool of Credit Audit.
lVhd vkSj le; cpkus okyk lk/ku gSA
ii. vkarfjd ys[kk ii. Internal Audit
foÙkh; o"kZ 2021&22 ds nkSjku] o"kZ ds nkSjku tksf[ke During FY 2021-22, Risk Based Internal Audit (RBIA)
vkèkkfjr vkarfjd ys[kk ijh{kk ¼vkjchvkbZ,½ vkWulkbZV was commenced/conducted in 8084 branches/offices
programmed for onsite RBIA. Concurrent/Continuous
vkjchvkbZ, ds fy, 8084 'kk[kkvksa@dk;kZy;ksa esa vk;ksftr
audit was conducted in 1593 branches/offices during
dh xbZ FkhA foÙkh; o"kZ 2021&22 ds nkSjku] 31 ekpZ 2021 FY 2021-22 (now 1555 branches/offices as on 31st
rd cSad ds dqy dkjksckj ds 49-93 izfr'kr dks doj djrs March, 2022), by Internal/External Auditors (CA Firms
gq, vkarfjd@ cká ys[kkijh{kdksa ¼lh, Qeks± rFkk lwphc) & Empanelled Retired Officers), covering 49.93 per
lsokfuo`Ùk vfèkdkfj;ksa½ }kjk 1593 'kk[kkvksa@dk;kZy;ksa ¼31 cent of the Total Business of the Bank as at 31st March,
ekpZ] 2022 dks 1555 'kk[kk,a@dk;kZy;ksa½ esa leorhZ lrr~@ 2021.
ys[kkijh{kk djkbZ xbZ FkhaA
184 dk;kZy;ksa@bdkb;ksa esa lwpuk lqj{kk ¼vkbZ,l½ Information Security (IS) Audit was conducted in
ys[kkijh{kk dh xbZA 296 ik=k 'kk[kkvksa@dk;kZy;ksa vFkkZr 184 office/units. FEMA Audit was conducted in 296
vf/kd`r Mhyj ¼,Mh½ 'kk[kkvksa vkSj O;kikj foÙk dsanzksa esa eligible branches/offices i.e. Authorized Dealer (AD)
Qsek ys[kkijh{kk vk;ksftr dh xbZ FkhA lHkh 'kk[kk,a jktLo branches & Trade Finance Centres. All branches were
subject to revenue audit.
ys[kkijh{kk ds v/khu FkhaA
foÙkh; o"kZ 2021&22 ds nkSjku uohure xfrfof/k;ka Latest activities and development/new initiatives
vkSj fodkl@ubZ igysa% taken during FY 2021-22:
• Internal audit functions of PNB and Offsite

• vkarfjd ys[kk ijh{kk iz.kkyh esa fu"i{krk]
fu"i{krkokn@oLrqfu"Brk] ikjn£'krk vkSj uohurk Surveillance System (OSS), have been automated
ykus ds fy, ih,uch vkSj vkWQlkbV fuxjkuh iz.kkyh through an online application i.e. eTHIC to
¼vks,l,l½ ds vkarfjd ys[kkijh{kk dk;ks± dks ,d bring out fairness, objectivity, transparency and
vkWuykbu vuqi;z ksx ;kfu bZVh,pvkbZlh ds ek/;e ls innovation in the Internal Audit System.
Lopkfyr fd;k x;k gSA
foÙkh; o"kZ 2021&22 ds nkSjku vks,l,l ds rgr During FY 2021-22, under OSS, 50 scenarios
50 ifjn`';ksa dh igpku cSad }kjk vkarfjd ys[kk have been identified by the bank at the level of
ijh{kk izHkkx] iz/kku dk;kZy; ds Lrj ij dh xbZ gS] Internal Audit Division, Head Office based on
tks xzkgd ds lkFk&lkFk dk;kZy; [kkrksa ds fy, various activities being undertaken by the branch
ysunsu ds :i esa lhch,l esa 'kk[kk vf/kdkfj;ksa officials in CBS in the form of transactions for
}kjk dh tk jgh fofHkUUk xfrfof/k;ksa ds vk/kkj ij customers as well as Office accounts.
gSA 99
• cSad us vkWQlkbV l£oykal ;wfuV ¼vks,l;w½ ds :i esa dk;Z • Bank had formed a dedicated Data Analytics Team
djus ds fy, ,d le£ir MsVk ,ukfyfVDl Vhe dk xBu to function as Offsite Surveillance Unit (OSU).
fd;k FkkA Vhe flLVe vkSj izfØ;k esa o`f) dk lqÖkko nsus The team undertakes Descriptive & Diagnostic
ds fy, MsVk Mai ds ek/;e ls ,d dsanzhd`r vkSj fujarj analysis in a centralised and continuous manner
rjhds ls o.kZukRed vkSj uSnkfud fo'ys"k.k djrh gSA through Data Dump for suggesting enhancement
in system and procedure.
foÙk o"kZ 2021&22 ds nkSjku] vks,l;w us fofHkUUk igyqvksa During the FY 2021-22, OSU has undertaken
lfgr v/;;u fd;k gSA igpku fd, x, ifjpkyu studies by covering various aspects. The
tksf[ke dks de djus ds fy, iz.kkyh esa Vhe }kjk lqÖkk, enhancement suggested by team is implemented
x, lq/kkj dks ykxw fd;k x;kA in system for mitigating the identified operational
risk.
iii. vius xzkgd dks tkfu, ¼dsokbZlh½ @ /ku 'kks/ku fuokj.k iii. Know Your Customer(KYC)/Anti Money Laundering
¼,,e,y½ (AML)
cSad us cksMZ }kjk vuqeksfnr rFkk vius xzkgd dks tkfu, ¼dsokbZlh½ Bank has put in place a Board approved and
ikjn'khZ uhfr viukbZ gS rkfd lHkh 'kk[kkvksa @ dk;kZy;ksa transparent Know Your Customer (KYC) Policy, for
ensuring meticulous compliance by all Branches/
}kjk u, xkgdksa rFkk ekStwnk xzkgdksa ds lkFk ysunsu djrs le; Offices while dealing with new as well as existing
budk dM+kbZ ls vuqikyu fd;k tk ldsA dsokbZlh ls lEcafèkr customers. RBI guidelines on various KYC related
fofHkUUk ekunaMksa tSls dsokbZlh v|ruhdj.k] ykHkkFkhZ Lokfe;ksa parameters such as KYC Updation, Identification of
dh igpku] ;wlhvkbZlh] lhdsokbZlh vkfn ij vkjchvkbZ ds Beneficial Owners, UCIC, CKYC etc. are implemented
fn'kkfunsZ'kksa dks iw.kZ :is.k ykxw fd;k tkrk gSA ekStwnk dsokbZlh in letter and spirit. For strict compliance of extant KYC
fn'kkfunsZ'kksa ds lko/kkuhiwoZd vuqikyu ds fy,] cpr vkSj pkyw guidelines, CASA Back offices have been established
[kkrksa dks dsanzhd`r :i ls [kksyus ds fy, dklk cSd vkWfQl for centralized opening of Savings & Current accounts.
Further, Document Management System (DMS)
LFkkfir fd, x, gSaA lkFk gh] xzkgd nLrkostksa ds fMftVyhdj.k
has been procured for digitalization of customer
ds fy, nLrkost izca/ku iz.kkyh ¼Mh,e,l½ dh [kjhn dh xbZ gSA documents.
,,e,y vyVZ ds ek/;e ls /ku 'kks/ku ds utfj, ls xzkgd ds An AML System has been implemented in Bank for
ysunsu dh fuxjkuh vkSj fofHkUUk izfrca/k lwfp;ksa ij xzkgdksa dks monitoring of customer’s transactions from money
laundering perspective through AML alerts and for
LdSu djus ds fy, cSad esa ,d ,,e,y iz.kkyh ykxw dh xbZ scanning customers against various sanctions lists. A
gSA dsokbZlh vkSj ,,e,y@lh,QVh vuqikyu ds ckjs esa cSad number of initiatives have been undertaken to bring
deZpkfj;ksa ds chp vf/kd tkx:drk ykus ds fy, dbZ igysa dh greater awareness amongst Bank staff about KYC and
xbZ gSa tSls *ih,uch ;wfuo* esa dsokbZlh ij vkWuykbu cqfu;knh AML/CFT compliances such as Online basic course on
ikB~¸kØe 'kk[kkvksa esa LVkQ lnL;ksa ds fy, vfuok;Z dj fn;k x;k KYC in ‘PNB UNIV’ has been made mandatory for staff
gS] izf'k{k.k dsanzksa ij gj izf'k{k.k dk;ZØe esa ,,e,y vkSj dsokbZlh members at branches and one session is mandatorily
ij ,d l=k vfuok;Z :i ls fy;k x;k gSA taken on KYC AML in every training program at training
centres.
iv. izca/ku ys[kkijh{kk iv. Management Audit
cSad ds ikl vius iz'kklfud dk;kZy;ksa dk ys[kk ijh{k.k djus ds Bank has prescribed Risk Based Management
fy, ,d tksf[ke vk/kkfjr izca/k ys[kkijh{kk ¼vkjch,e,½ iz.kkyh gSA Audit (RBMA) system for conducting audit of its
administrative offices.
ys[kk ijh{kk cksMZ }kjk fof/kor vuqeksfnr tksf[ke VsEiysV~l rFkk
The audit is based on Risk Templates and risk
tksf[ke izksQkby ij vk/kkfjr gS tks iz'kklfud dk;kZy;ksa ds
profiles duly approved by Board to capture risk
dk;Zdykiksa ds fofHkUUk {ks=kksa esa fu.kZ; ysus dh izfØ;k] lapkj iz.kkyh]
perceptions inherent in various areas of functioning
dq'ky lalk/ku mi;ksx] y{;ksa dks izkIr djus ds fy, mi;ksx fd;s
of administrative offices including decision making
tkus okys lk/ku vkfn tSlh fofHkUUk {ks=kksa ds dk;kZU;ou esa ekStwn
process, communication system, efficient resource
tksf[ke /kkj.kkvksa dks ntZ djus ds fy, cSad }kjk rS;kj fd;k
utilization, ways and means used to achieve the goals
x;k gSA de tksf[ke okys rFkk lHkh iz/kku dk;kZy; ds izHkkxksa
etc. All administrative offices under the scope of RBMA
dks NksM+dj] ftudh nks o"kZ esa ,d ckj ys[kkijh{kk dh tkrh gS]
are audited on annual basis except Low risk rated
vkjch,e, ds varxZr vkus okys lHkh iz'kklfud dk;kZy;ksa dh
offices and all Head Office Divisions, which are subject
o"kZ esa ,d ckj ys[kk ijh{kk dh tkrh gSA mPp tksf[ke js¯Vx okys
to audit once in two years. Head Office Divisions of
iz- dk- izHkkxksa dh ys[kkijh{kk ok£"kd vk/kkj ij dh tkrh gSA
High Risk rating are audited on yearly basis.
100
o"kZ 2021&22 ds nkSjku] vuqeksfnr ok£"kd ;kstuk ds vk/kkj ij] During the FY 2021-22, based on approved Annual
izca/ku ys[kk ijh{kk vkSj leh{kk izHkkx ¼,e,vkjMh½ us 276 esa ls 267 Audit Plan, Management Audit and Review Division
dk;kZy;ksa dk izca/ku ys[kk ijh{kk vk;ksftr dh ftlesa 160 eaMy (MARD) conducted management audit of 267 offices
dk;kZy;ksa] 23 vapy dk;kZy;ksa] 24 vapy ys[kkijh{kk dk;kZy;ksa] out of 276, comprising of 160 Circle Offices, 23 Zonal
9 {ks=kh; xzkeh.k cSadksa] iz- dk- ds 36 izHkkx 15 LVkQ izf'k{k.k dkWyst Offices, 24 Zonal Audit Offices, 9 Regional Rural Banks,
36 Head Office Divisions and 15 Staff Training Colleges.
dh Hkh izca/k ys[kkijh{kk dh xbZA
v. lrdZrk v. Vigilance
Punjab National Bank believes that an organisation is
iatkc uS'kuy cSad dk ekuuk gS fd ,d laxBu mruk gh etcwr
only as strong and honest as its people. The employees
vkSj bZekunkj gksrk gS] ftruk mlds deZpkjhA deZpkjh laxBu are the face of the organisation and the Bank assures
dk psgjk gksrs gSa vkSj cSad vius lHkh fgr/kkjdksa dks vk'oLr djrk all its stakeholders that the entire team of PNB is
gS fd cSad dh iwjh Vhe lHkh izdkj ds vkf/kdkfjd dkjksckj vkSj committed to work with integrity and probity in all
vkpj.k esa lR;fu"Bk vkSj bZekunkjh ds lkFk dke djus ds fy, types of official dealings and demeanours.
izfrc) gSA Due to efficiency achieved through preventive
Vigilance measures, effective monitoring mechanism
fuokjd lrdZrk mik;ksa] izHkkoh fuxjkuh ra=k vkSj ekeyksa ij and supervisory oversight over cases, the outstanding
i;Zos{kh fujh{k.k ds ek/;e ls izkIr n{krk ds dkj.k] ekpZ 2022 Vigilance cases at the end of March 2022 were brought
ds var esa cdk;k lrdZrk ekeyksa dks fiNys dbZ o"kks± ds nkSjku down to 172, the lowest ever during the last several
lcls de 172 rd yk;k x;k FkkA blds vykok] o"kZ ds nkSjku years. Further, despite the challenges and continued
dksfoM&19 ds dkj.k pqukSfr;ksa vkSj fujarj O;o/kkuksa ds ckotwn] disruptions on account of COVID-19, the disposal of
Vigilance Cases was 72 per cent during FY 2021-22.
foÙk o"kZ 2021&22 ds nkSjku lrdZrk ekeyksa dk fuiVku 72
izfr'kr FkkA
lkFk gh] fiNys o"kZ mn~?kkfVr ÞLVkQ tokcnsgh ekeyksa dh VªS¯dx Also, the portal “Tracking and Monitoring of Staff
Accountability Cases” inaugurated last year has been
vkSj fuxjkuhÞ iksVZy dks iwjh rjg ls fLFkj@etcwr@n`<+ dj completely stabilized and new modules like Enquiry
fn;k x;k gS vkSj tkap dk;Zokgh dh VªS¯dx ds fy, tkap vf/kdkjh Officials Module, for tracking of enquiry proceedings
ekWM~¸kwy tSls u, ekWM~¸kwy iksVZy esa tksM+s x, gSaA ;g iksVZy fVªxj have been added in the portal. This portal offers
¯cnq ls rk£dd fu"d"kZ rd LVkQ tokcnsgh ekeyksa dh VªS¯dx] tracking, monitoring, MIS reporting and supervising of
fuxjkuh] ,evkbZ,l fjiks²Vx vkSj i;Zos{k.k iznku djrk gSA staff accountability cases from trigger point to logical
conclusion.
blds vykok] fuokjd lrdZrk mik;ksa ds lanHkZ esa] 31 ekpZ] 2022 Further, in terms of preventive vigilance measures, the
portal of Preventive Vigilance Committee Meetings
rd yxHkx 99-42 izfr'kr O;olk;] 98-28 izfr'kr deZpkfj;ksa has been made robust by covering approx. 99.42 per
vkSj 98-46 izfr'kr 'kk[kkvksa dks doj djds fuokjd lrdZrk cent of Business, 98.28 per cent of staff and 98.46 per
lfefr cSBd iksVZy dks etcwr cuk;k x;k gSA cent of Branches as at 31st March, 2022.
In addition to the above various training sessions have

mijksä ds vykok] vf[ky Hkkjrh; Lrj ij fofHkUUk izf'k{k.k been organised on Pan-India basis wherein the Chief
l=k vk;ksftr fd, x, gSa ftlesa eq[; lrdZrk vf/kdkjh] lkFk Vigilance Officer, as well senior officials from Vigilance
gh lrdZrk foHkkx ds ofj"B vf/kdkfj;ksa us lrdZrk ekeyksa ij Department have participated to have interactions on
laokn djus ds fy, lgHkkfxrk dh gSA lkFk gh izca/ku izf'k{kqvksa Vigilance matters. Also Preventive Vigilance Sessions
vkSj feM&dSfj;j izf'k{k.k dk;ZØeksa dks 'kkfey djus ds fy, is being undertaken in the induction of Management
Trainees and Mid-Career training programmes.
fuokjd lrdZrk l=k pyk, tk jgs gSaA fiNys o"kks± ds nkSjku tkap
Specialised training programmes for skill buildings and
vfèkdkfj;ksa vkSj lrdZrk vf/kdkfj;ksa ds fy, dkS'ky Hkouksa vkSj knowledge upgradations have also been conducted
Kku mUUk;u ds fy, fo'ks"k izf'k{k.k dk;ZØe Hkh vk;ksftr fd, x, for Investigating Officials and Vigilance Officers during
gSaA last years.
cSad dk lrdZrk foHkkx ,d bZ&if=kdk Þih,uch foftyÞ izdkf'kr The Vigilance Department of the Bank has been
dj jgk gS vkSj egRoiw.kZ eqíksa ds ckjs esa xgu tkx:drk ds fy, publishing an e-magazine, “PNB Vigil”, and is
deZpkfj;ksa ds fy, fuokjd lrdZrk ij vkWuykbu ekfld conducting online monthly quiz on preventive
vigilance for staff for deeper awareness of important
iz'uksÙkjh vk;ksftr dj jgk gS ftlls ifjpkyu esa n{krk vkrh gS
issues leading to efficiency in operations and thereby
vkSj bl izdkj xzkgdksa dh larqf"V vkSj laxBu esa csgrj vuqikyu adding value to the customer satisfaction and better
laLd`fr esa ewY; tqM+rk gSA compliance culture in the organisation.
101
cSad us lHkh LFkkuksa ij l{ke vf/kdkfj;ksa }kjk le;≤ The Vigilance Awareness Week (VAW) 2021 was
ij tkjh ekStwnk dksfoM&19 jksdFkke fn'kkfunsZ'kksa dk ikyu observed from 26th October, 2021 to 1st November,
2021 with the theme "Independent India @75: Self
lqfuf'Pkr djrs gq, lrdZrk tkx:drk lIrkg ¼oh,MCY;w½ 2021
Reliance with Integrity” to promote awareness and
dks 26 vDVwcj 2021 ls 1 uoacj] 2021 rd ^^Lora=k Hkkjr @ 75: enhance brand image of the Bank while ensuring
lR;fu"Bk ls vkRefuHkZjrk** & fo"k; ds lkFk euk;k x;k rkfd adherence of extant COVID-19 prevention guidelines
tkx:drk dks c<+kok fn;k tk lds vkSj czkaM Nfo dks c<+k;k tk issued from time to time by the competent
ldsA oh,MCY;w ds nkSjku cSad }kjk dqy 3]10]108 lR;fu"Bk 'kiFk authorities at all locations. During the VAW, total of
fnykbZ xbZ vkSj fofHkUUk tkx:drk xfrfof/k;ksa dk vk;kstu fd;k 3,10,108 Integrity Pledges were administered by Bank
x;k ftlesa 2]351 xzke lHkk] yxHkx 30]000 O;fä;ksa dh Hkkxhnkjh and various awareness activities conducted which
ds lkFk vkWuykbu iz'uksÙkjh izfr;ksfxrk vkSj Ldwyksa vkSj dkWystksa includes 2,351 Gram Sabhas, Online Quiz Competition
with participation of approx. 30,000 persons and
esa fofHkUUk vkWuykbu tkx:drk xfrfof/k;ka 'kkfey gSaA lh,lvkj various online awareness activities at Schools and
xfrfof/k;ksa ds ,d Hkkx ds :i esa vapy dk;kZy;ksa }kjk LokLF; Colleges. As a part of CSR activities Health Checkup
tkap f'kfoj Hkh vk;ksftr fd, x,A t:jreanksa dks frifg;k] camps were also organized by the Zonal Offices.
bZ&fjD'kk] dacy] Ldwy cSx vkfn ckaVs x,A Tricycle, e-Rickshaw, Blankets, School Bags etc. were
distributed to the needy.
vi. lwpuk dk vf/kdkj vf/kfu;e vi. Right to Information Act
01 vizSy 2021 ls 31 ekpZ 2022 ds nkSjku cSad dks 7894 vkosnu During the period 1st April, 2021 to 31st March, 2022,
the Bank received 7,894 applications and provided
izkIr gq, ftuesa ls 5423 vkosnuksa esa ekaxh xbZ tkudkjh iznku requisite information to 5,423 applicants while 1,645
dj nh xbZ tcfd 1645 vkosnuksa ds laca/k esa ;g ik;k x;k fd applications were found exempted under the provision of
vfèkfu;e ds izko/kkuksa ds varxZr muds mÙkj iznku djus ls NwV the Act. Further, 826 applications were outstanding as on
izkIr FkhA vkxs 31 ekpZ 2022 rd 826 vkosnu fuLrkj.k gsrq 'ks"k Fks 31st March, 2022 for disposal, which were subsequently
ftUgsa ckn esa fu/kkZfjr vof/k esa fuLrkfjr dj fn;k x;kA disposed off within the prescribed timeframe.
,p- ifjpkyuxr fu"iknu ds lanHkZ esa foÙkh; fu"iknu ij ppkZ H. Discussion on Financial performance with respect to
operational performance
31 ekpZ] 2022 ds var rd] ldy oSf'od vfxze 7]85]104 djksM+ As at the end of 31st March, 2022, Bank’s Gross Global
:i;s vkSj ldy oSf'od tek 11]46]218 djksM+ :i;s ds lkFk Business stood at Rs. 19,31,322 Crore with Gross Global
Advances at Rs. 7,85,104 Crore and Gross Global Deposit
cSad dk ldy oSf'od dkjksckj 19]31]322 djksM+ :i;s jgkA pkyw at Rs. 11,46,218 Crore. Current and Saving Deposits (CASA)
vkSj cpr tek ¼dklk½ 47-43 izfr'kr ds ?kjsyw dklk 'ks;j ds lkFk was at Rs. 5,33,654 Crore with domestic CASA share at
5]33]654 djksM+ :i;s jgkA blds lkFk foÙkh; o"kZ 2021&22 esa 47.43 per cent. In addition, Bank’s Operating Profit was at
3]457 djksM+ :i;s ds 'kq) ykHk ds lkFk cSad dk ifjpkyu ykHk Rs. 20,761 Crore with the Net Profit of Rs. 3,457 Crore for
20]761 djksM+ :i;s jgkA the FY 2021-22.
vkbZ- ekuo lalk/ku@fu;ksftr fd;s x, deZpkfj;ksa dh tkudkjh I. Material Developments in Human Resources/Industrial
la[;k lfgr vkS|ksfxd laca/k esa vk, egRoiw.kZ cnyko Relations front including number of people employed
i. Human Resources Management:

i. ekuo lalk/ku izca/ku%
deZpkfj;ksa dh dqy la[;k% fuEufyf[kr rkfydk esa nh xbZ Total number of employees: Staff strength/Employees
deZpkfj;ksa dh la[;k@deZpkjh ih,uch gsrq ekpZ 2021 vkSj given in the following table are for March 2021 and March
ekpZ 2022 ds fy, gS ftlesa lgk;d vuq"kafx;ksa esa izfrfu;qä 2022 including those on deputation in the subsidiaries.
deZpkjh 'kkfey gSaA
102
laoxZ okj deZpkjh la[;k Cadre wise Staff Strength
laoxZ ekpZ] 2021 ekpZ] 2022 Cadre March, 2021 March 2022
Lka[;k dqy Lka[;k dqy Number % of Total Number % of Total

LVkQ dk LVkQ dk Staff Staff
izfr'kr izfr'kr
vf/kdkjh 52913 51.98% 51812 50.23% Officer 52913 51.98% 51812 50.23%
fyfid 29313 28.79% 29881 28.97% Clerks 29313 28.79% 29881 28.97%
v/khuLFk 19576 19.23% 21451 20.79%
Sub Staff 19576 19.23% 21451 20.79%
deZpkjh (incl. PTS)
¼ihVh,l
lfgr½
dqy 101802 100.0% 103144 100.0% Total 101802 100.0% 103144 100.0%
vkj{k.k uhfr Reservation Policy
cSad Hkkjr ljdkj }kjk vuqlwfpr tkfr vuqlwfpr tutkfr ,oa vU; Bank follows the reservation policy for SCs, STs and OBCs as
fiNM+k oxZ ds laca/k esa le;≤ ij fu/kkZfjr vkj{k.k uhfr dk prescribed by Government of India from time to time.
vuqlj.k djrk gSA
,llh@,lVh@vkschlh deZpkfj;ksa dh la[;k Strength of SC/ST/OBC Employees
laoxZ ekpZ] 2021 ekpZ] 2022 Cadre March, 2021 March, 2022
,llh ,lVh vkschlh ,llh ,lVh vkschlh SC ST OBC SC ST OBC
vf/kdkjh 10697 4047 11920 10383 3992 12273
fyfid 5998 1622 7230 6104 1686 7683 Officer 10697 4047 11920 10383 3992 12273
v/khuLFk 8100 1199 4220 8465 1448 5007 Clerks 5998 1622 7230 6104 1686 7683
deZpkjh S u b S taff 8100 1199 4220 8465 1448 5007
¼ihVh,l (incl.PTS)
lfgr½
dqy 24795 6868 23370 24952 7126 24963 Total 24795 6868 23370 24952 7126 24963
depkZfj;ksa dh vk;q izksQkby Age Profile of the Employees
fiNys dqN o"kks± esa lexz deZpkfj;ksa dh vkSlr vk;q esa deh vkbZ gSA The average age of overall employees has come down over the
fiNys ikap o"kks± esa laoxZ&okj vkSlr vk;q dk fooj.k fuEukuqlkj gS% years. The movement of cadre-wise average age in the last five
years is as under:
¼vkSlr vk;q o"kks± esa½ (Average age in years)
dks vkSlr vk;q vf/kdkjh fyfid v/khuLFk loZ Average Age as Officer Clerical Sub Staff Over All
deZpkjh lfEefyr on
ekpZ] 2018 43.05 38.03 36.60 39.71 March, 2018 43.05 38.03 36.60 39.71
ekpZ] 2019 42.70 38.27 36.90 39.67 March, 2019 42.70 38.27 36.90 39.67
ekpZ] 2020 40.58 39.05 37.13 39.30 March, 2020 40.58 39.05 37.13 39.30
ekpZ] 2021 39.34 38.90 39.69 39.28 March, 2021 39.34 38.90 39.69 39.28
ekpZ] 2022 39.24 38.28 38.03 38.71 March, 2022 39.24 38.28 38.03 38.71
ekpZ 2018] 2019 vkSj 2020 ds fy, LVSaMvyksu ih,uch vkSj ekpZ 2021 vkSj 2022 ds fy, lekesfyr Standalone PNB for March 2018, 2019 & 2020 and amalgamated PNB for
ih,uchA March 2021 & 2022.
vkS|ksfxd laca/k Industrial relations
cSad esa deZpkjh ;wfu;u@vf/kdkjh laxBuksa ds lkFk vkS|ksfxd laca/k Industrial Relations in the bank continued to be cordial with
igys dh Hkkafr lkSgknZiw.kZ gSaA dksfoM egkekjh ds dkj.k o"kZ ds nkSjku Workmen Union/Officer’s Association. Due to COVID Pandemic
vkbZvkj,e@,evkj,e lfgr fofHkUUk HkkSfrd cSBdsa cgqla[;d various physical meetings including Industrial Relations
103
vfèkdkjh la?k@deZpkfj;ksa ds izfrfuf/k;ksa ds lkFk vk;ksftr ugha dh Machinery Meeting (IRM)/ Managerial Relations Machinery
xbZaA gkykafd ;qfu;u@la/k }kjk mBk, x, eqíksa dks rqjar gy dj fn;k Meeting (MRM) were not held with representatives of majority
Officers’ Association/Workmen during the year. However, issues
x;k gSA raised by Union/Association have been resolved promptly.
ii. izf'k{k.k xfrfof/k;ka ii. Training Activities
egkekjh dh nwljh ygj ds lkFk] foÙkh; o"kZ 2021&22 cSa¯dx m|ksx With the second bout of pandemic, FY 2021-22 was another
ds yhMj ds fy, ijh{k.k ds le; fuckZ/k lsok,a iznku djus gsrq challenging year for leaders across the Banking industry to
pqukSrhiw.kZ o"kZ jgkA gkykafd] dkS'ky dks c<+kus vkSj pqukSfr;ksa dk lkeuk provide uninterrupted services during the testing times.
djus ds fy, cSad esa izkS|ksfxdh ds ek/;e ls ubZ izf'k{k.k iz.kkyh rFkk However, the training system of the Bank evolved through
ubZ fMyhojh iz.kkyh fodflr gqbZ ftlds ek/;e ls vf/kdre la[;k esa adoption of new delivery systems and technology to upskill
deZpkfj;ksa us ykHk izkIr fd;kA and prepare the maximum number of employees to face the
challenges.
o"kZ ds nkSjku] vkids cSad us gekjs dk;Zcy ds chp lh[kus vkSj fodkl During the year, Bank took a slew of innovative measures to
dks c<+kok nsus ds fy, dbZ vfHkuo mik; fd,] ftlds ifj.kkeLo:i promote learning and development among the workforce,
izf'k{k.k [kpZ esa mYys[kuh; deh vkbZ vkSj lkFk gh lkFk ,d csgrj resultantly reducing the training expense significantly, and at
lh[kus ds vuqHko ds fujarj lqiqnZxh dks lqfuf'Pkr fd;kA izf'k{k.k the same time ensuring consistent delivery of an enhanced
iz.kkyh dks j.kuhfrd ds :i esa nh?kZdkfyd dkWiksZjsV y{;ksa ds lkFk learning experience. The training system has been strategically
tksM+k x;k gS] tks oSf'od foÙkh; vkSj vk£Fkd ifjn`'; dh i`"BHkwfe esa aligned with the long term corporate goals, manifested in the
izdV gksrk gSA backdrop of global financial and economic scenario.
lexz fodkl izkIr djus ds fy, foÙkh; o"kZ 2021&22 esa f'k{kk dks vf/kd To achieve holistic development, following measures were
mRiknd vkSj izs.kknk;d cukus ds fy, fuEufyf[kr mik; fd, x,& taken in the FY 2021-22 to make learning more productive and
stimulating:
1. Remodelling On the Job Trainings (OJTs)

1- vkWu tkWc Vªs¯ux dh jhekWM¯yx ¼vkstsVh½
• Induction of Management Trainees (MTs) is a 52 weeks
• izca/ku izf'k{kqvksa ¼,eVh½ dk bUMD'ku 52 lIrkg dk dk;ZØe
gS ftlesa d{kk izf'k{k.k vkSj vkstsVh nksuksa 'kkfey gSa vkSj program comprising of both classroom trainings and
bls vf/kd mRiknd vkSj lqO;ofLFkr cukus ds fy,] izca/ku OJTs and to make it more productive and streamlined,
izf'k{kqvksa ds fy, vkstsVh ds nkSjku mUgsa lqfo/kk iznku djus ds workbooks for Management Trainees to facilitate
fy, dk;ZiqfLrdk,a is'k dh xbZ gSa] tks ekWM~¸kwy II ls 'kq: gksrh them during OJTs have been introduced, starting with
gSa ftlesa ØsfMV vkSj fons'kh eqæk igyqvksa dks 'kkfey fd;k Module II covering Credit and Forex aspects which are
tkrk gSA ftudk :Vhu ekWM~¸kwy dks Hkh doj djus ds fy, being extended to cover the Routine module as well.
foLrkj fd;k tk jgk gSA ;g ,eVh dks cSa¯dx ds fofHkUUk {ks=kksa This will help the MTs in understanding different areas
dks O;kid :i ls leÖkus esa enn djsxk vkSj mUgsa 'kk[kkvksa esa of banking in a comprehensive manner and prepare
viuh iks¯LVx ij jkstejkZ dh cSa¯dx dh pqukSfr;ksa dk lkeuk them better to face the challenges of everyday
djus ds fy, csgrj rjhds ls rS;kj djsxkA banking on their postings in branches.
• blds vykok] pwafd ,eVh fofHkUUk dk;kZy;ksa esa vkstsVh ls • Further, as MTs undergo OJTs at various offices,
xqtjrs gSa] ladk; lnL;ksa dks vkstsVh ds nkSjku ekxZn'kZu ds faculty members have been assigned as mentors for
fy, iFkizn'kZd ds :i esa fu;qä fd;k x;k gSA ;s ladk; hand holding during the course of OJT. These faculty
lnL; izfrfØ;k izkIr djus] mudh leL;kvksa dks lquus vkSj members connect with MTs mapped to them on a
muds eqíksa dk lek/kku iznku djus ds fy, nSfud vk/kkj ij daily basis to get feedback, listen to their problems
mUgsa vkoafVr fd, x, ,eVh ls laidZ djrs gSaA and provide resolution to their issues.
2- vkWuykbu pSuy ds ek/;e ls csgrj lqiqnZxh 2. Enhanced Delivery through Online Channel
• vkWuykbu lqiqnZxh lgHkkfxrk vkSj vkRelkdkj.k dh lqxerk • In order to facilitate online delivery engagement and
ds fy,] ,sls dk;ZØeksa esa lewg ppkZ] izLrqfr;k¡] Hkwfedk assimilation, Group Discussions, presentations, role
fuHkkus] pquko vkSj ;kn`fPNd ijh{k.k 'kkfey fd, x, gSaA ;g plays, polls and random tests have been included in
deZpkfj;ksa vkSj ladk; ds chp ,d csgrj rkyesy lqfuf'Pkr such programs. This ensures an enhanced interface
djrk gS] ftlls mRiknd izf'k{k.k vuqHko izkIr gksrk gSA between employees and faculty, thus leading to
productive training experience.
104
3- izca/ku@usr`Ro fodkl 3. Management/Leadership Development
• usr`Ro Lrj ij ldkjkRed cnyko ykus ds fy,] Ldsy IV-VI • To make a positive difference at the leadership level,
esa u, inksUUkr vf/kdkfj;ksa ds fy, izca/ku fodkl dk;ZØe Management Development Programs and Leadership
vkSj usr`Ro fodkl dk;ZØe vk;ksftr fd, tkrs gSa] ftudk Development Programs are conducted for the newly
vk;kstu cSad }kjk vc rd vU; mRd`"Vre laLFkkuksa esa fd;k promoted officers in Scale IV-VI which the Bank has
tk jgk gSA ;g fiNys o"kZ iz'kklfud LVkQ dkWyst vkWQ been arranging at other institutions of excellence
bafM;k ¼,,llhvkbZ½ gSnjkckn] LVsV cSad baLVhV~¸kwV vkWQ till now. These were conducted in-house last year in
ØsfMV ,aM fjLd eSustesaV ¼,lchvkbZlhvkj,e½ xqM+xkao collaboration with institutions like Administrative Staff
vkSj cSadlZ baLVhV~¸kwV vkWQ :jy MsoyiesaV ¼chvkbZvkjMh½ College of India (ASCI) Hyderabad, State Bank Institute
y[kuÅ tSls laLFkkuksa ds lg;ksx ls bugkml vk;ksftr fd, of Credit and Risk Management (SBICRM) Gurgaon
x, FksA blls gekjs ekStwnk cqfu;knh <kaps dk izHkkoh mi;ksx and Bankers Institute of Rural Development (BIRD)
lqfuf'Pkr gqvk gS vkSj dkS'ky o`f) ds fy, loksZÙke fo'ks"kKrk Lucknow. This ensured effective utilization of existing
miyC/k gqbZ gSA infrastructure and getting best expertise available for
skill enhancement.
4- O;ogkj dkS'ky ij tksj 4. Emphasis on Behavioral Skills
• cSa¯dx ,d lsok m|ksx gksus ds ukrs] lkW¶V fLdYl dk egRo • Banking being a service industry, importance of
fdlh ls de ugha gks ldrk gS vkSj bl fn'kk esa] lkW¶V fLdYl soft skills can be second to none other and towards
vkSj fMftVy mRiknksa ij dSIlwy dk;ZØe Hkh foÙkh; o"kZ this end, capsule programs on Soft Skills and Digital
2021&22 esa vk;ksftr fd, x, Fks rkfd O;ogkj esa cnyko] products were also conducted in FY 2021-22 to bring
csgrj Kku Lrj vkSj xzkgdksa dh larqf"V esa o`f) gks ldsA about attitudinal change, improved knowledge levels
and enhanced customer satisfaction.
5. Promoting inclusivity
5- lekosf'krk dks c<+kok nsuk
• Agenda of Learning & Development vertical is not just
• y²ux ,aM MsoyiesaV o£Vdy dk ,tsaMk u dsoy deZpkfj;ksa
to cater to functional learning of staff, but seminars
ds dk;kZRedrk lh[kus dks iwjk djus ds fy, gS] cfYd
to motivate the workforce are also a part of training
dk;Zcy dks izsfjr djus ds fy, lsfeukj Hkh izf'k{k.k ,tsaMs
agenda. One such initiative last year was conducting
dk ,d fgLlk gSA ,slh gh ,d igy fiNys o"kZ cSad esa efgyk
vfèkdkfj;ksa ds fy, efgyk dkWUDyso vk;ksftr dh xbZ Fkh] Women’s Conclave for lady executives in the Bank,
tgka eSMe v#a/kfr HkV~Vkpk;Z ¼iwoZ v/;{k ,lchvkbZ½ eq[; where Madam Arundhati Bhattacharya (former
oäk ds :i esa 'kkfey gqbZaA bldk mís'; efgyk vfèkdkfj;ksa chairperson SBI) joined in for keynote address. This
dks dfj;j esa vkxs c<+kus ds fy, izsfjr djuk FkkA was aimed at motivating female officers to rise up the
career ladder.
• cSad us v{ke deZpkfj;ksa ds fy, vfu;fer _.k [kkrksa ds fy, • Bank also took an initiative of finding ‘ability in
vuqorhZ izf'k{k.k dk;ZØe vk;ksftr djds ^v{kerk esa {kerk* disability’ by conducting training program on follow-
[kkstus dh Hkh igy dhA ,sls izf'k{k.k dk;ZØe cSad ds ekuo up for irregular loan accounts for specially-abled staff.
lalk/ku dk vf/kdre mi;ksx lqfuf'Pkr djrs gSaA vfu;fer Such training programs ensure optimum utilization of
_.kksa ij izHkkoh vuqorhZ dkjZokbZ ds fy, 7 cSpksa esa dqy 255 human resource of the Bank. A total of 255 specially-
fnO;kax deZpkfj;ksa dks izf'kf{kr fd;k x;k FkkA abled employees were trained in 7 batches for
effective follow-up on irregular loans.
• lkafof/kd vko';drk ds vuqlkj 16]762 ik=k deZpkfj;ksa • As per statutory requirement, pre-promotion training
dks inksUUkfr iwoZ izf'k{k.k fn;k x;kA blds vykok] 19]057 was imparted to 16,762 eligible employees. In addition,
vfrfjä deZpkjh tks lkafof/kd vko';drk pSuy ds 19,057 additional employees who were not covered
rgr doj ugha fd, x, Fks] mUgsa Hkh foÙk o"kZ 2021&22 esa under the statutory requirement channel, were also
iwoZ&inksUUkfr izf'k{k.k iznku fd;k x;k FkkA imparted pre-promotion training in FY 2021-22.
6- ikjaifjd O;k[;ku@ekWM~¸kwy vk/kkfjr f'k{kk dh lhekvksa esa 6. Transcending the limits of traditional lecture/module
ifjorZu based learning
• pwafd cSa¯dx ,d rst xfr okyk m|ksx gS] tgka fn'kkfunsZ'k • Since banking is a fast paced industry where guidelines
la'kksf/kr gksrs jgrs gSa vkSj rnuqlkj ekStwnk mRiknksa@ keep getting revised and accordingly changes are
izfØ;kvksa esa lq/kkj djus ds fy, cnyko ds vykok ekStwnk made to improvise existing products/procedures
cdsV esa u, mRiknksa@lqfo/kkvksa dks is'k fd;k tkrk gSA besides introducing new products/features to existing
v/;;u ,oa Kku izca/ku dsaæ ¼,yds,elh½ us eglwl fd;k bouquet. Learning and Knowledge Management
105
fd deZpkfj;ksa dks u, mRiknksa dks leÖkus esa lg;ksx djuk Centre (LKMC) realizes that providing its support in
egRoiw.kZ gS vkSj deZpkfj;ksa dks mu ifjorZuksa ls voxr helping employees understand the new products is
djkus ds fy,] ,d nSfud ikWMdkLV lsok Hkh 'kq: dh xbZ gS critical and in order to keep the staff abreast of those
ftlesa deZpkfj;ksa ds ykHk ds fy, fdlh Hkh mRikn@izfØ;k@ changes, a daily podcast service has also been started
fn'kkfunsZ'k dk laf{kIr fooj.k nSfud vk/kkj ij ifjpkfyr wherein brief details of product/process/guideline is
fd;k tkrk gSA circulated for the benefit of the staff on daily basis.
• fMftVyhdj.k us gj {ks=k dks vfLFkj dj fn;k gS vkSj • Digitalization has disrupted every sector and the
egkekjh ls fMftVyhdj.k dks vkSj vf/kd egRo izkIr gqvk pandemic has made digitalization gain greater
gSA ;g Hkh cSad ds fy, egRoiw.kZ {ks=kksa esa ls ,d gS vkSj bl significance. This is also one of the thrust areas for
fn'kk esa] ,yds,elh us deZpkfj;ksa ds lkFk&lkFk xzkgdksa ds the Bank and towards this end, LKMC has prepared
chp ih,uch ou dh fo'ks"krkvksa dh csgrj leÖk dks c<+kok interactive videos on ‘PNB ONE’ to promote better
nsus ds fy, *ih,uch ou* ij baVjSfDVo ohfM;ks rS;kj fd, gSaA understanding of its features amongst staff as well as
customers.
• izf'k{k.k o£Vdy us pkyw vkSj cpr [kkrk [kksyus dh izfØ;kvksa • Training vertical has also taken initiative of curating
esa lesfdr fn'kk&funsZ'kksa@,lvksih@vDlj iwNs tkus okys booklets in the past FY for facilitating field functionaries
iz'uksa@lkekU; =kqfV;ksa ds lkFk QhYM d£e;ksa dh lqfo/kk ds with consolidated guidelines/SOPs/ FAQs/common
fy, fiNys foÙkh; o"kZ esa iqfLrdk,a rS;kj djus dh igy errors in the Current and Savings account opening
dh gSA ;g QhYM Lrj ij [kkrk [kksyus dh izfØ;k esa Vh,Vh processes. This has been an effort directed to reduce
dks de djus ds fy, funsZf'kr ,d iz;kl gSA bl igy dk TAT in account opening procedure at field level.
foLrkj ,uih, izca/ku ds fy, Hkh fd;k x;k vkSj olwyh ij The initiative was extended to NPA Management
izfØ;kvksa@fn'kkfunsZ'kksa dks o.kZu djus okyh iqfLrdkvksa dks wherein booklets explaining procedures/guidelines
QhYM inkf/kdkfj;ksa ds lqyHk lanHkZ ds fy, ,d Li"V :i ls on recovery were consolidated in a lucid manner
lesfdr fd;k x;kA blh izdkj] xzkgd lsok@f'kdk;r o`f) for ready reference for field functionaries. Similarly,
eSfVªDl ij iqfLrdkvksa dks Hkh ladfyr fd;k x;k vkSj LVkQ booklets on customer service/complaint escalation
matrix were also compiled and circulated among the
lnL;ksa ds chp ifjpkfyr fd;k x;kA
staff members.
Hkkoh fn'kk WAY FORWARD
cSa¯dx {ks=k dk n`f"Vdks.k mHkjrh gqbZ Hkw&jktuhfrd fLFkfr vkSj oSf'od The outlook on banking sector depends upon the evolving
deksfMVh dherksa vkSj ykWftfLVDl ij blds izHkko ij fuHkZj djrk gSA geopolitical situation and its impact on global commodity prices
vFkZO;oLFkk ds [kqyus ls u, izksRlkgu iSdst dh vko';drk de gks and logistics. The opening of economy has reduced the need
xbZ gS] vkSj ekStwnk xfr dks cM+s iSekus ij O;o/kku ds fcuk cuk, j[kk for a new stimulus package, and the current momentum can
be sustained without large scale disruption. In FY 2022-23, it
tk ldrk gSA foÙk o"kZ 2022&23 esa] ge mEehn djrs gSa fd C;kt nj is expected both deposits and credit will continue to grow in
esa ifjorZu ds ckotwn] tek vkSj _.k nksuksa nksgjs vadksa esa c<+rs jgsaxsA double digits.
cqfu;knh <kaps ij c<+s gq, [kpZ] ifj;kstukvksa ds rsth ls dk;kZUo;u vkSj Enhanced spending on infrastructure, speedy implementation
lq/kkjksa dks tkjh j[kus ls cSa¯dx {ks=k esa fodkl dks vkSj xfr feyus dh of projects and continuation of reforms are expected to provide
mEehn gSA bu lHkh dkjdksa ls irk pyrk gS fd Hkkjr dk cSa¯dx {ks=k further impetus to growth in the banking sector. All these
,d etcwr fodkl ds fy, rS;kj gS D;ksafd rsth ls c<+rs O;olk; viuh factors suggest that India’s banking sector is poised for a robust
_.k t:jrksa ds fy, cSadksa dh vksj #[k djsaxsA growth as rapidly growing businesses will turn to banks for their
credit needs.
lkFk gh] izkS|ksfxdh esa izxfr us eksckby vkSj baVjusV cSa¯dx lsokvksa dks Also, the advancement in technology has brought mobile and
lkeus yk fn;k gSA cSa¯dx {ks=k vius xzkgdksa dks csgrj lsok,a iznku djus internet banking services to the fore. The banking sector is
vkSj xzkgdksa ds lexz vuqHko dks c<+kus ds lkFk&lkFk cSadksa dks izfrLi/kkZ laying greater emphasis on providing improved services to
esa c<+r nsus ds fy, mudh izkS|ksfxdh ds cqfu;knh <kaps dks mUUkr djus their clients and upgrading their technology infrastructure
to enhance customer’s overall experience and give banks a
ij vf/kd tksj ns jgk gSA competitive edge.
vkxs c<+rs gq,] iatkc uS'kuy cSad etcwr ewY; izLrko ds lkFk xzkgd Going forward, Punjab National Bank shall remain focused on
dsafær gksus] u, ;qx dh izkS|ksfxfd;ksa ds fuekZ.k vkSj mPp laHkkfor being customer centric with strong value proposition, building
ikfjfLFkfrdh ra=k esa lkÖksnkjh dks c<+kus ij dsafær jgsxkA lkFk gh new-age technologies and scaling up partnerships in high
Mk;o£lQkbM iksVZQksfy;ks ds lkFk ØsfMV esa ekdsZV 'ks;j esa lq/kkj dks potential ecosystems. Also, priority to be given on improving the
market share in credit with diversified portfolio. The Bank will
izkFkfedrk nh tk,xhA cSad vkfLr dh xq.koÙkk esa lq/kkj ds fy, etcwr keep implementing strong recovery measures to improve asset
olwyh mik;ksa dks ykxw djrk jgsxkA bu mik;ksa ls fujarj ykHkiznrk quality. These measures will lead to sustained profitability and
vkSj etcwr iwath dh fLFkfr fuekZ.k gksxhA lHkh deZpkfj;ksa ds fujarj robust capital position. The continuous targeted efforts of all
yf{kr iz;klksa ls czkaM oSY;w esa lq/kkj gksxk vkSj iatkc uS'kuy cSad ÞHkjksls the employees will improve the brand value and will reinforce
dk izrhdÞ ds :i esa lqn`<+ gksxkA Punjab National Bank as “the name you can Bank upon”.
******* *******
106
dkWiksZjsV vfHk'kklu ij ys[kkijh{kdksa dk izek.ki=k
iatkc uS'kuy cSad ds lnL;x.k
geus 31 ekpZ] 2022 dks lekIr gq, o"kZ ds fy, iatkc uS'kuy cSad }kjk lsch ¼lwphc)rk ck/;rk,a vkSj izdVhdj.k vis{kk,a½ fofu;eu 2015 ¼^lsch
,yvksMhvkj fofu;eu*½ esa ;Fkkfu£n"V] lacaf/kr o"kZ ds nkSjku ;Fkk ykxw] dkWiksZjsV vfHk'kklu dh 'krks± dk vuqikyu fd, tkus dh tk¡p dh gSA
dkWiksZjsV vfHk'kklu dh 'krks± ds vuqikyu dh ftEesnkjh izca/ku dh gSA gekjh tkap Hkkjrh; lunh ys[kkdkj laLFkku }kjk tkjh dkWiksZjsV vfHk'kklu
ds izek.ku ij ekxZn'khZ uksV ds vuqlkj dh xbZ Fkh vkSj dkWiksZjsV vfHk'kklu dh 'krks± dk vuqikyu lqfuf'Pkr djus gsrq cSad }kjk viukbZ xbZ dk;Z
i)fr;ksa rFkk muds fØ;kUo;u rd gh lhfer FkhaA ;g cSad dh foÙkh; foojf.k;ksa dh u rks ys[kk ijh{kk gS vkSj u gh muds ckjs esa vfHker dh vfHkO;fä
gSA
gekjs vfHker rFkk gekjh loksZÙke tkudkjh ds vuqlkj vkSj gesa fn, x, Li"Vhdj.kksa ds vuqlkj ge izekf.kr djrs gSa fd cSad us fuEufyf[kr dks
NksM+dj lHkh egRoiw.kZ igyqvksa esa Åij mfYyf[kr lsch fofu;eu esa fu/kkZfjr dkWiksZjsV vfHk'kklu dh 'krks± dk vuqikyu bl izdkj fd;k gS fd blls
cSa¯dx fofu;eu vf/kfu;e]1949 vkSj cSa¯dx daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e]1970 dk [kaMu u gksA
• cSaddkjh dEiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970] dh /kkjk 9¼3½¼bZ½] 9¼3½ ¼,Q½ vkSj 9¼3½ ¼th½ ds rgr ,d&,d funs'kd vkSj
èkkjk 9¼3½ ¼,p½ ds rgr nks funs'kdksa ds in cSad ds cksMZ esa fjä FksA
ge lwfpr djrs gSa fd fgr/kkjd laca/k lfefr }kjk j[ks x, fjdkWMZ ds vuqlkj cSad ds fo#) fuos'kdksa dh ,slh dksbZ Hkh f'kdk;r ugha gS] tks ,d ekg
ls vf/kd le; ls yafcr gksA
ge ;g Hkh lwfpr djrs gSa fd bl izdkj dk vuqikyu u rks cSad dh Hkkoh O;ogk;Zrk ds izfr uk gh dk;Zdq'kyrk vFkok izHkko'khyrk ftlds lkFk izca/
ku oxZ us cSad dk;ks± dk lapkyu fd;k gS] ds izfr ,d vk'oklu gSA
Ñrs ,l ,u /kou ,aM daiuh ,y,yih Ñrs ,l vkj xks;y ,aM daiuh Ñrs ih,l,eth ,aM ,lksfl,V~l
lunh ys[kkdkj lunh ys[kkdkj lunh ys[kkdkj
QeZ jft- u- 000050N/N500045 QeZ jft- u- 001537C QeZ jft- u-% 008567C
lh, lq¯jnj dq- [kêj lh, izoh.k xks;y lh, lanhi tSu
Hkkxhnkj Hkkxhnkj Hkkxhnkj
¼lnL; la- 084993½ Hkkxhnkj ¼lnL; la- 074789½ ¼lnL; la- 077281½
;wMhvkbZ,u% 22084993AIUWRL4394 ;wMhvkbZ,u% 22074789AIUWOV9797 ;wMhvkbZ,u% 22077281AIUWKM9291
Ñrs ,llh ckiuk ,aM ,lksfl,V~l Ñrs Mh ds NktM+ ,aM daiuh

lunh ys[kkdkj lunh ys[kkdkj
QeZ jft- u-% 115649W QeZ jft- u-% 304138E
lh, lqHkk"k pan ckiuk lh, txUUkkFk izlkn egkik=kks

Hkkxhnkj Hkkxhnkj
¼eks- u- 071765½ ¼lnL; la- 217012½
;wMhvkbZ,u% 22071765AIUVJS2115 ;wMhvkbZ,u% 22217012AIURCT2583
LFkku% ubZ fnYyh

frfFk% 11-05-2022
107
AUDITORS’ CERTIFICATE ON CORPORATE GOVERNANCE
To the Members of Punjab National Bank
We have examined the compliance of conditions of Corporate Governance by Punjab National Bank for the year ended on March
31, 2022, as stipulated in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’), as
applicable during the relevant year.
The compliance of conditions of Corporate Governance is the responsibility of the Management. Our examination was carried out
in accordance with the Guidance Note on Certification of Corporate Governance, issued by the Institute of Chartered Accountants
of India, and was limited to procedures and implementation thereof, adopted by the Bank for ensuring the compliance of the
conditions of Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Bank.
In our opinion and to the best of our information and according to the explanations given to us we certify that the Bank has, in all
material aspects, complied with the conditions of Corporate Governance as stipulated in the above mentioned SEBI Regulations to the
extent these do not contradict the Banking Regulation Act, 1949 and Banking companies (Acquisition and Transfer of Undertakings)
Act, 1970, except for the following:
• The Position of one Director each under Section 9(3)(e), 9(3)(f) and 9(3)(g) and two Directors under Section 9(3)(h) of Banking
Companies (Acquisition and Transfer of Undertakings) Act, 1970, were vacant on the Board of the Bank.
We state that no investor grievance is pending for a period exceeding one month against the Bank as per the records maintained by
the Stakeholders Relationship Committee.
We further state that such compliance is neither an assurance as to the future viability of the Bank nor the efficiency or effectiveness
with which the Management has conducted the affairs of the Bank.
For S N Dhawan & Co. LLP For S R Goyal & Co. For P S M G & Associates
Chartered Accountants Chartered Accountants Chartered Accountants
FRN: 000050N/N500045 FRN: 001537C FRN: 008567C
CA Surinder Kr. Khattar CA Praveen Goyal CA Sandeep Jain

Partner Partner Partner
(M.No. 084993) (M.No. 074789) (M.No.077281)
UDIN: 22084993AIUWRL4394 UDIN: 22074789AIUWOV9797 UDIN: 22077281AIUWKM9291
For S C Bapna & Associates For D K Chhajer & Co.

Chartered Accountants Chartered Accountants
FRN: 115649W FRN: 304138E
CA Subhash Chand Bapna CA Jagannath Prasad Mohapatro

Partner Partner
(M.No. 071765) (M.No.217012)
UDIN: 22071765AIUVJS2115 UDIN: 22217012AIURCT2583
Place: New Delhi

Date: 11.05.2022
108
dkWiksZjsV vfHk'kklu ij fjiksVZ
Report on Corporate Governance
#
dkWiksZjsV vfHk'kklu ij fjiksVZ
1- dkWiksZjsV vfHk'kklu dk fl)kar
cSad fuos'kdksa ,oa vU; fgr/kkjdksa dk fo'okl c<+kus] ikjn£'krk dk mPp ekud fu/kkZfjr djus] dk;Z{kerk esa lq/kkj gsrq uSfrd ewY;ksa o laxBu
dh izxfr esa fo'okl djrk gSA cSad ikjn£'krk] O;kolk;fdrk o mÙkjnkf;Ro ij vk/kkfjr loksZÙke dkWiksZjsV vfHk'kklu ds fu;eksa dk ikyu djus
ds fy, izfrc) gSA
gekjk fuxfer <+kapk] dkjksckj] ifjpkyu vkSj izdVhdj.k dk;Z'kSyh mä fuxfer 'kklu ds fl)kar ds iw.kZr;k vuq:i gSA
cSad] cSaddkjh dEiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 ds varxZr ,d fuxfer fudk; gS vkSj ;g Hkkjrh; fjtoZ cSad }kjk
fofu;fer gksrk gSA lwphc) bdkbZ gksus ds ukrs] cSad] lsch ¼lwphc)rk ckè;rk,a vkSj izdVhdj.k vis{kk,a½ fofu;eu] 2015 ds izko/kkuksa dk ikyu
cSaddkjh dEiuh ¼miØeksa dk vtZu vkSj varj.k½ vfèkfu;e] 1970] jk"Vªh;Ñr cSad ¼izca/ku vkSj fofo/k izko/kku½ ;kstuk] 1970 ds izkoèkkuksa dk
rFkk bl laca/k esa Hkkjr ljdkj rFkk Hkkjrh; fjt+oZ cSad }kjk tkjh fn'kk&funsZ'kksa] funs'kksa vkfn dk mYya?ku u fd, tkus dh lhek rd djrk
gSA
cSad dk funs'kd eaMy lHkh fgr/kkjdksa tSls 'ks;j/kkjdksa] deZpkfj;ksa] xzkgdksa vkSj O;kid lekt ds fy, ewY;ksa dk o/kZu djus dk iz;kl djrk
gSA
2- funs'kd e.My
cSad ds cksMZ dk xBu cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 vkSj jk"Vªh;Ñr cSad ¼izca/ku ,oa fofo/k
izko/kku½ ;kstuk] 1970] ds izko/kkuksa ds vuqlkj fd;k x;k gSA
2-1 31-03-2022 ds vuqlkj funs'kd eaMy dh lajpuk mudh fu;qfä frfFk] Js.kh] vU; lfefr;ksa dh lnL;rk bR;kfn] funs'kdksa ds
dkS'ky@fo'ks"kKrk@{kerk dk fu/kkZj.k djus okys pkVZ@eSfVªDl ds lkFk fuEuor nh xbZ gS%
cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 ds vuqlkj ,d funs'kd ds ikl Ñf"k vkSj xzkeh.k vFkZO;oLFkk] cSa¯dx]
lgdkfjrk] vFkZ'kkó] foÙk] dkuwu] y?kq m|ksx vkfn tSls ,d ;k vf/kd fo"k;ksa ds laca/k esa fo'ks"k Kku ;k O;kogkfjd vuqHko gksuk pkfg,A
,lhch vkSj daifu;ksa esa 31-03-2022 dks
funs'kd
dkS'ky@ cSad ds funs'kd eaMy 'ks;j/kkjdksa@fuos'kd funs'kdksa }kjk
Ø- dk uke fu;qfä funs'kd dh
;ksX;rk vuqHko fo'ks"kKrk@ ds lfefr;ksa dh f'kdk;r lfefr;ksa dh /kkfjr ih,uch
la- ¼Jh@ frfFk Js.kh
{kerk lnL;rk@v/;{krk lnL;rk@v/;{krk ds 'ks;jksa
Jherh½
¼ih,uch ds vykok½ dh la-
1 vrqy 01-02-2022 lh-,-] ch-dkWe] izca/k jk"Vªh;Ñr cSa¯dx] 1- izca/ku lfefr&v/;{k 1- vksfj,aVy ba';ksjsal daiuh 15
dqekj lh,vkbZvkbZch funs'kd cSadksa esa 30 ls ys[kkijh{kk ,oa 2- xzkgd lsok lfefr & v/;{k fyfeVsM ¼,lhch& lnL;½
xks;y ,oa eq[; vf/kd o"kks± ys[kk] 3- funs'kdksa dh inksUUkfr
dk;Zikyd dk vuqHko lfefr & v/;{k
vf/kdkjh 4- #-1-00 djksM+ vkSj mlls
vf/kd dh jkf'k okys
èkks[kkèkM+h ekeyksa dh
fuxjkuh vkSj vuqorhZ
dkjZokbZ djus gsrq cksMZ dh
fo'ks"k lfefr & v/;{k
5- vihyh; izkf/kdkjh vkSj
leh{kk izkf/kdkjh & v/;{k
6- lrdZrk vkSj xSj&lrdZrk
ekeyksa dh leh{kk djus ds
fy, funs'kdksa dh lfefr &
v/;{k
7- iz-dk- _.k vuqeksnu lfefr
Lrj III & v/;{k
8- 'ks;j/kkjd funs'kdksa dk
pquko & lkoZtfud {ks=k ds
cSadksa }kjk ernku & v/;{k
110
Report on Corporate Governance
1. Corporate Governance Philosophy
The Bank believes in enhancing investor and other stakeholders’ confidence and setting high standards of transparency, ethical
values for improving efficiency and growth of the organization. The Bank is committed to following best Corporate Governance
practices based on transparency, professionalism and accountability.
Our corporate structure, business, operations and disclosure practices have been strictly aligned to the above Corporate
Governance Philosophy.
The Bank is a body corporate under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and is
regulated by the Reserve Bank of India. Being a listed entity, the Bank complies with the provisions of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 to the extent it does not violate the provisions of the Banking Companies
(Acquisition and Transfer of Undertakings) Act, 1970, the Nationalized Banks (Management and Miscellaneous Provisions)
Scheme, 1970 and the Guidelines, Directives, etc. issued by the Government of India and the Reserve Bank of India in this
regard.
The Board of the Bank strives to optimize value for all stakeholders like shareholders, employees, customers and the society at
large.
2. Board of Directors
The Board of the Bank is constituted in accordance with the provisions of the Banking Companies (Acquisition and Transfer
of Undertakings) Act, 1970 and the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970.
2.1 Composition of the Board of Directors as on 31.03.2022 with date of their appointment, category, membership of other
Committees etc. along with the Chart/Matrix setting out the skills/expertise/competence of the Directors is given below:
As per the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, a Director shall possess special knowledge
or practical experience in respect of one or more of the matters namely agriculture and rural economy, banking, co-operation,
economics, finance, law, small scale industry etc.
Membership/
Chairmanship of No. of Shares
Name of Category Skills/Exper- Membership/ Chairmanship ACB and Share- of PNB held
Sr. Date of Ap-
Director Qualification Of Direc- Experience tise/ Compe- of Committees of Board of holders/ Investors by Direc-
No. pointment
Shri/Smt. tor tence the bank Grievance Commit- tors as on
tees in Companies 31.03.2022
(other than PNB)
1 Atul Kumar 01.02.2022 CA, B.Com, MD & CEO Over 30 years Banking, 1. Management Committee 1. The Oriental In- 15
Goel CAIIB of experience Audit & Ac- – Chairman surance Company
in National- counts 2. Customer Service Commit- Limited
ized Banks. tee – Chairman (ACB- member)
3. Directors Promotion Com-
mittee – Chairman
4. Special Committee of
Board to monitor and
follow up fraud cases
involving Rs. 1.00 Crore
and above – Chairman
5. Appellate Authority and
Reviewing Authority –
Chairman
6. Committee of Directors to
Review Vigilance and Non
Vigilance Cases – Chairman
7. HO Credit Approval Com-
mittee Level III - Chairman
8. Election of Shareholder
Directors – Voting by
Public Sector Banks –
Chairman
111
funs'kd
Jherh½
9- olwyh esa izxfr dh fuxjkuh
ds fy, cksMZ dh lfefr &
v/;{k
10- bjknru pwddrkZvksa vkSj
vlg;ksxh m/kkjdrkZvksa
ds oxhZdj.k dh igpku
dh leh{kk ds fy,
lfefr&v/;{k
11- ekuo lalk/ku ij cksMZ dh
lapkyu lfefr & v/;{k
12- O;olk; leh{kk
lfefr&v/;{k
13- iwath tqVko lfefr & v/;{k
14- cksMZ dh tksf[ke izca/ku
lfefr
15- fgr/kkjd lca/k lfefr
2- lat; 01-04-2020 ,e,llh] dk;Zikyd jk"Vªh;Ñr cSa¯dx 1- fgr/kkjd lca/k lfefr 'kwU; 1212
dqekj lh,vkbZvkbZch] funs'kd cSadksa esa 36 ls 2- izca/ku lfefr
Vªstjh] fuos'k rFkk vf/kd o"kks± 3- xzkgd lsok lfefr
tksf[ke izca/ku dk vuqHko 4- vkbZVh j.kuhfr lfefr
¼MhVhvkbZvkj,e½ 5- #-1-00 djksM+ vkSj mlls
esa fMIyksek vfèkd dh jkf'k okys
fo'ks"k lfefr
leh{kk izkf/kdkjh
fy, funs'kdksa dh lfefr
Lrj III
cSadksa }kjk ernku
ds fy, cksMZ dh lfefr
lapkyu lfefr
12- O;olk; leh{kk lfefr
13- iwath tqVko lfefr
3- fot; nqcs 01-04-2020 ,ech,] ,e,llh dk;Zikyd jk"Vªh;Ñr cSa¯dx 1- cksMZ dh tksf[ke izca/ku 'kwU; 8568
¼lkaf[;dh½] funs'kd cSadksa esa 36 ls lfefr
lh,vkbZvkbZch] vf/kd o"kks± 2- izca/ku lfefr
lhfer dk vuqHko 3- xzkgd lsok lfefr
bUlksYosalh ijh{kk 4- vkbZVh j.kuhfr lfefr
esa izek.ku] foÙkh; 5- #-1-00 djksM+ vkSj mlls
lsokvksa esa tksf[ke vfèkd dh jkf'k okys
esa izek.ku ¼rhljs èkks[kkèkM+h ekeyksa dh
Lrj dk vokMZ½ fuxjkuh vkSj vuqorhZ
fo'ks"k lfefr
112
Membership/
Sr. Date of Ap-
No. pointment
(other than PNB)
9. Committee of the Board
to monitor the progress in
Recovery – Chairman
10. Committee for Review
of Identification of Wil-
ful Defaulters and Non
Cooperative Borrowers
Classification – Chairman
11. Steering Committee of the
Board on HR – Chairman
12. Business Review Commit-
tee – Chairman
13. Capital Raising Committee
– Chairman
14. Risk Management Com-
mittee of the Board
15. Stakeholders Relationship
Committee
2 Sanjay Kumar 01.04.2020 M.Sc., CAIIB, Executive Over 36 years Banking 1. Stakeholders Relationship NIL 1212
Diploma in Director of experience Committee
Treasury, in National- 2. Management Committee
Investment ized Banks. 3. Customer Service Com-
and Risk mittee
Management 4. IT Strategy Committee
(DTIRM) 5. Special Committee of
and above
Reviewing Authority
7. Committee of Directors
to Review Vigilance and
Non Vigilance Cases
mittee Level III
Public Sector Banks
to monitor the progress
in Recovery
11. Steering Committee of
the Board on HR
tee
13. Capital Raising Commit-
tee
3 Vijay Dube 01.04.2020 MBA, M. Executive Over 36 Banking 1. Risk Management Com- NIL 8568
Sc.(Statistics), Director years of ex- mittee of the Board
CAIIB, perience in 2. Management Committee
Certification Nationalized 3. Customer Service Com-
in Limited Banks. mittee
Insolvency 4. IT Strategy Committee
Examination, 5. Special Committee of
Certification Board to monitor and
in Risk in follow up fraud cases
Financial Ser- involving Rs. 1.00 Crore
vices (Level 3 and above
Award)
113
funs'kd
Jherh½
leh{kk izkf/kdkjh
Lrj III
cSadksa }kjk ernku
4- Lo:i 10-03-2021 ch,llh ¼vkWulZ½] dk;Zikyd jk"Vªh;Ñr cSa¯dx 1- izca/ku lfefr 'kwU; 6494
dqekj Vªstjh] fuos'k rFkk funs'kd cSadksa esa 30 ls 2- xzkgd lsok lfefr
lkgk tksf[ke izca/ku vf/kd o"kks± 3- vkbZVh j.kuhfr lfefr
¼MhVhvkbZvkj,e½ dk vuqHko 4- vihyh; izkf/kdkjh vkSj
esa fMIyksek] leh{kk izkf/kdkjh
lh,vkbZvkbZch] 5- #-1-00 djksM+ vkSj mlls
foÙkh; lsokvksa vfèkd dh jkf'k okys
esa tksf[ke esa èkks[kkèkM+h ekeyksa dh
izek.ku fuxjkuh vkSj vuqorhZ
fo'ks"k lfefr
Lrj III
cSadksa }kjk ernku
11- cksMZ dh iwath tqVko lfefr
5- dY;k.k 21-10-2021 ,e,llh] dk;Zikyd jk"Vªh;Ñr cSa¯dx 1- izca/ku lfefr 'kwU; 'kwU;
dqekj lh,vkbZvkbZch funs'kd cSadksa esa 27 ls 2- xzkgd lsok lfefr
vf/kd o"kks± 3- vkbZVh j.kuhfr lfefr
dk vuqHko 4- vihyh; izkf/kdkjh vkSj
leh{kk izkf/kdkjh
5- #-1-00 djksM+ vkSj mlls
vfèkd dh jkf'k okys
fo'ks"k lfefr
114
Membership/
Sr. Date of Ap-
No. pointment
(other than PNB)
Reviewing Authority
Non Vigilance Cases
mittee- Level-III
Public Sector Banks
in Recovery
tee
tee
4 Swarup 10.03.2021 B. Sc. (Hons.), Executive Over 30 years Banking 1. Management Committee NIL 6494
Kumar Saha Diploma in Director of experience 2. Customer Service Com-
Treasury, in National- mittee
Invest- ized Banks. 3. IT Strategy Committee
ment & Risk 4. Appellate Authority and
Management Reviewing Authority
(DTIRM), 5. Special Committee of the
CAIIB, Certifi- Board to monitor and
cation in Risk follow up Fraud Cases
in Financial involving Rs. 1.00 Crore
Services and above
6. Committee of the Direc-
tors to Review Vigilance
and Non Vigilance cases
mittee- Level-III
Public Sector Banks
to Monitor the Progress
in Recovery
10. Business Review Com-
mittee
tee of Board
5 Kalyan Kumar 21.10.2021 M.Sc., CAIIB Executive Over 27 years Banking 1. Management Committee NIL NIL
Director of experience 2. Customer Service Com-
in National- mittee
ized Banks. 3. IT Strategy Committee
Reviewing Authority
5. Special Committee of
and above
Non Vigilance Cases
115
funs'kd
Jherh½
Lrj III
cSadksa }kjk ernku
6- iadt tSu 08-08-2019 okf.kT; esa Hkkjr ljdkj 30 o"kks± ls iz'kklu] 1- cksMZ dh ys[kk&ijh{kk lfefr flMch ¼,lhch lnL;½ 'kwU;
Lukrd dh ds ukferh vf/kd dk izcaèku] ys[kk 2- funs'kdksa dh inksUUkfr
mikf/k] ,ech,] funs'kd iz'kklfud vkSj ykxr lfefr
baLVhV~¸kwV vuqHko fuèkkZj.k 3- #-1-00 djksM+ vkSj mlls
vkWQ dkWLV vfèkd dh jkf'k okys
vdkmaVsaV~l èkks[kkèkM+h ekeyksa dh
vkWQ bafM;k ds fuxjkuh vkSj vuqorhZ
,lksfl,V lnL; dkjZokbZ djus gsrq cksMZ dh
fo'ks"k lfefr
leh{kk izkf/kdkjh
lapkyu lfefr
7- izn'kZu ewY;kadu lfefr
7- vfuy 25-02-2022 ,ech,] ,e-,- vkjchvkbZ ds vkjchvkbZ cSa¯dx vkSj 1- izca/ku lfefr 'kwU; 'kwU;
dqekj ukferh vkSj vuqikyu 2- cksMZ dh ys[kk&ijh{kk lfefr
feJk funs'kd varjjk"Vªh; 3- funs'kdksa dh inksUUkfr
[;kfr izkIr lfefr
laLFkkuksa 4- lrdZrk vkSj xSj&lrdZrk
esa fofHkUUk ekeyksa dh leh{kk djus ds
{kerkvksa esa fy, funs'kdksa dh lfefr
dke fd;kA
vkjchvkbZ ls
dk;Zikyd
funs'kd
in ls
lsokfuo`ÙkA
8- iadt 21-12-2021 lh,] ch-dkWe va'kdkfyd ys[kk vkSj ys[kkijh{kk vkSj 1- ukekadu vkSj ikfjJfed 'kwU; 'kwU;
tks'kh xSj&ljdkjh ys[kkijh{kk ys[kk lfefr& v/;{k
funs'kd esa 15 o"kks± ls 2- izca/ku lfefr
vfèkd dk 3- xzkgd lsok lfefr
is'ksoj vuqHko 4- O;olk; leh{kk lfefr
6- fgr/kkjd lca/k lfefr
vlg;ksxh m/kkjdrkZvksa ds
oxhZdj.k dh igpku dh
leh{kk ds fy, lfefr
8- izn'kZu ewY;kadu
lfefr
116
Membership/
Sr. Date of Ap-
No. pointment
(other than PNB)
mittee- Level-III
Public Sector Banks
in Recovery
tee
tee
6 Pankaj Jain 08.08.2019 Bachelor’s Govt. Over 30 years Adminis- 1. Audit Committee of SIDBI (ACB - Mem- NIL
Degree in of India of Administra- tration, Board ber)
Commerce, Nominee tive experi- Management, 2. Directors Promotion
MBA, Associ- Director ence. Accounts and Committee
ate Member Costing 3. Special Committee of
of Institute Board to monitor and
of Cost Ac- follow up fraud cases
countants of involving Rs. 1.00 Crore
India and above
Reviewing Authority
Non Vigilance Cases
6. Steering Committee of
the Board on HR
7. Performance Evaluation
Committee
7 Anil Kumar 25.02.2022 MBA, M.A. RBI Worked Banking and 1. Management Committee NIL NIL
Misra Nominee in various Compliance 2. Audit Committee of
Director capacities Board
at RBI and 3. Directors’ Promotion
Institutions Committee
of Interna- 4. Committee of the Direc-
tional repute. tors to Review Vigilance
Retired as and Non Vigilance cases
Executive
Director RBI.
8 Pankaj Joshi 21.12.2021 CA, B.Com Part-Time Over 15 years Audit and Ac- 1. Nomination & Remunera- NIL NIL
Non- of profession- counts tion Committee -Chairman
Official al experience 2. Management Committee
Director in Audit and 3. Customer Service Commit-
Accounts tee
tee
5. Capital Raising Committee
6. Stakeholders Relationship
Committee
Classification
8. Performance Evaluation
Committee
117
funs'kd
Jherh½
9- latho 21-12-2021 lh,e,] lh,] va'kdkfyd ys[kk vkSj ys[kkijh{kk vkSj 1- tksf[ke izca/ku 'kwU; 'kwU;
dqekj ,y,ych] ch-dkWe xSj&ljdkjh ys[kkijh{kk ys[kk] vkbZVh lfefr&vè;{k
¯l?ky funs'kd esa 25 o"kks± rFkk tksf[ke 2- vkbZVh j.kuhfr lfefr
ls vfèkd izca/ku 3- cksMZ dh ys[kk&ijh{kk lfefr
dk is'ksoj 4- #-1-00 djksM+ vkSj mlls
vuqHkoA vfèkd dh jkf'k okys
lwpuk iz.kkyh] èkks[kkèkM+h ekeyksa dh fuxjkuh
bZvkjih vkSj vuqorhZ dkjZokbZ djus
vkSj vkbZVh gsrq cksMZ dh fo'ks"k lfefr
,Iyhds'kUl 5- olwyh esa izxfr dh fuxjkuh
esa lqj{kk vkSj ds fy, cksMZ dh lfefr
vkarfjd 6- bjknru pwddrkZvksa vkSj
fu;a=k.k dh vlg;ksxh m/kkjdrkZvksa ds
leh{kk esa 15 oxhZdj.k dh igpku dh
o"kks± ls vf/kd leh{kk ds fy, lfefr
dk vuqHko 7- ukekadu vkSj ikfjJfed
lfefr
10- xkSre xqgk 18-03-2021 ,e-,- ¼vaxzsth½] 'ks;j/kkjd yksd iz'kklu foÙk ¼ys[kk& 1- cksMZ dh ys[kk&ijh{kk lfefr 'kwU; 500
HkwriwoZ l£VQkbM funs'kd rFkk foÙk] ijh{kk vkSj & v/;{k
buQkesZ'ku cSa¯dx] lwpuk ys[kk½ rFkk 2- izn'kZu ewY;kadu lfefr
flLVe vkWfMVj izkS|ksfxdh] vkbZVh 3- cksMZ dh tksf[ke izca/ku
¼lhvkbZ,l,½ ys[kk'kkL=k lfefr
vkSj 4- #-1-00 djksM+ vkSj mlls
ys[kk&ijh{kk vfèkd dh jkf'k okys
esa 33 o"kks± dk èkks[kkèkM+h ekeyksa dh
is'ksoj vuqHko fuxjkuh vkSj vuqorhZ
fo'ks"k lfefr
vlg;ksxh m/kkjdrkZvksa ds
oxhZdj.k dh igpku dh
leh{kk ds fy, lfefr
9- ukekadu vkSj ikfjJfed
lfefr
11- MkW- js[kk 12-09-2021 ih,p] Mh-] 'ks;j/kkjd lwpuk lwpuk 1- vkbZVh j.kuhfr lfefr & 'kwU; 250
tSu ,e- fQy] ,e-] funs'kd izkS|ksfxdh] izkS|ksfxdh] v/;{kk
,llh-] ch-,llh- Hkqxrku vkSj tksf[ke izca/ku] 2- fgr/kkjd laca/k lfefr&
¼vkWulZ½ fuiVku O;olk; izca/ku v/;{kk
iz.kkyh] 3- izn'kZu ewY;kadu lfefr &
O;olk; v/;{kk
izca/ku vkSj 4- izca/ku lfefr
tksf[ke izcaèku 5- xzkgd lsok lfefr
esa 37 o"kks± 6- cksMZ dh tksf[ke izca/ku
ls vfèkd lfefr
dk fofo/k 7- ekuo lalk/ku ij cksMZ dh
vuqHkoA lapkyu lfefr
8- ukekadu vkSj ikfjJfed
vkbZvkbZ,e] lfefr
vgenkckn
ls izk/;kid
ds :i esa
lsokfuo`Ùk
118
Membership/
Sr. Date of Ap-
No. pointment
(other than PNB)
9 Sanjeev 21.12.2021 CMA, CA, Part-Time Over 25 years Audit and 1. Risk Management Com- NIL NIL
Kumar LL.B, B.Com Non- of profession- Accounts, IT & mittee- Chairman
Singhal Official al experience Risk Manage- 2. IT Strategy Committee
Director in Audit and ment 3. Audit Committee of the
Accounts. Board
Over 15 years 4. Special Committee of
of experience Board to monitor and
in review follow up fraud cases
of security involving Rs. 1.00 Crore
and internal and above
controls in 5. Committee of the Board
Information to monitor the progress
systems, ERPs in recovery
& IT Applica- 6. Committee for Review
tions of Identification of Wil-
Classification
7. Nomination & Remu-
neration Committee
10 Gautam Guha 18.03.2021 M.A. (Eng- Share- 33 years of Finance (Audit 1. Audit Committee of the NIL 500
lish), Former holder professional & Accounts) Board – Chairman
Certified Director experience and IT 2. Performance Evaluation
Information in Public Ad- Committee
Systems Audi- ministration 3. Risk Management Com-
tor (CISA) and Finance, mittee of the Board
Banking, 4. Special Committee of
Information Board to monitor and
Technology, follow up fraud cases
Accountancy involving Rs. 1.00 Crore
and Auditing and above
of Recovery
Classification
tee
tee
9. Nomination & Remu-
neration Committee
11. Dr. Rekha Jain 12.09.2021 Ph.D, M.Phil, Share- Over 37 years Information 1. IT Strategy Committee – NIL 250
M.Sc., B.Sc. holder of diverse Technology, Chairperson
(Hons.) Director experience in Risk Man- 2. Stakeholders Relation-
Information agement, ship Committee- Chair-
Technology, Business person
Payment & Manage- 3. Performance Evaluation
Settlement ment Committee – Chairperson
systems, Busi- 4. Management Committee
ness Manage- 5. Customer Service Com-
ment and Risk mittee
Management. 6. Risk Management Com-
mittee of the Board
Retired as 7. Steering Committee of
Professor the Board on HR
from IIM, 8. Nomination & Remu-
Ahmedabad neration Committee
119
fVIif.k;k¡%
i½ o"kZ ds nkSjku cksMZ dh lajpuk esa ifjorZu uhps fn, x, gSa%
 dk;Zikyd funs'kd] vKs; dqekj vktkn us 30-04-2021 dks viuk dk;Zdky iwjk fd;kA
 'ks;j/kkjd funs'kd] MkW- vk'kk HkaMkjdj us 11-09-2021 dks viuk dk;Zdky iwjk fd;kA
 MkW- js[kk tSu dks cSad ds cksMZ esa fnukad 12-09-2021 ls 'ks;j/kkjd funs'kd ds :i esa pquk x;kA
 Jh dY;k.k dqekj dks 21-10-2021 ls cSad ds dk;Zikyd funs'kd ds :i esa fu;qä fd;k x;kA
 Jh iadt tks'kh dks cSad ds cksMZ esa 21-12-2021 ls va'kdkfyd xSj&ljdkjh funs'kd ds :i esa ukfer fd;k x;kA
 Jh latho dqekj ¯l?ky dks cSad ds cksMZ esa 21-12-2021 ls va'kdkfyd xSj&ljdkjh funs'kd ds :i esa ukfer fd;k x;kA
 Jh lh,p ,l-,l- efYydktqZu jko] ,eMh vkSj lhbZvks us 31-01-2022 dks viuk dk;Zdky iwjk fd;kA
 Jh vrqy dqekj xks;y dks 01-02-2022 ls cSad dk ,eMh vkSj lhbZvks fu;qä fd;k x;kA
 Jh foosd vxzoky] Hkkjrh; fjt+oZ cSad ukfer funs'kd dk dk;Zdky fnukad 25-02-2022 ¼dkjksckj le; ds ckn ½ dks lekIr gqvkA
 Jh vfuy dqekj feJk dks cSad ds cksMZ esa 25-02-2022 ¼dkjksckj le; ds ckn ½ ls vkjchvkbZ ukfer funs'kd ds :i esa ukfer fd;k x;kA
ii½ mu lfefr;ksa ds uke] ftuesa funs'kd lnL; gSa] dk mYys[k fd;k x;k gS vkSj tgka dgha ykxw gks] v/;{krk dk fo'ks"k :i ls mYys[k fd;k x;k
gSA
2-2 o"kZ ds nkSjku fuEufyf[kr lnL; funs'kdksa dk dk;Zdky lekIr gqvk%
Ø- la- funs'kd dk uke ¼Jh@Jherh½ funs'kd dh Js.kh lekiu frfFk dkj.k

1 Jh vKs; dqekj vktkn dk;Zikyd funs'kd 30-04-2021 vof/k lekIr
2 MkW- vk'kk HkaMkjdj 'ks;j/kkjd funs'kd 11-09-2021 vof/k lekIr
3 Jh lh,p ,l-,l- efYydktqZu jko ,eMh vkSj lhbZvks 31-01-2022 vof/k lekIr
4 Jh foosd vxzoky Hkk-fj-cSa- ds ukfer funs'kd 25-02-2022 Hkkjr ljdkj dh vf/klwpuk fnukad
25-02-2022 ds vuqlkj
2-3 vU; lwphc) laLFkkvksa ds cksMZ@lfefr;ksa esa funs'kdksa dh lnL;rk@v/;{krk dk fooj.k%
vU; lwphc) laLFkk dk vU; lwphc) laLFkku ds cksMZ@

funs'kd dk uke vU; lwphc) laLFkkvksa esa
Ø- la- uke ftlesa funs'kd cksMZ lfefr dk uke tgka funs'kd
¼Jh@Jherh½ funs'kd in dh Js.kh
dk lnL; gS v/;{k@lnL; gSa
1 vrqy dqekj xks;y ugha ugha ugha ugha
2 lat; dqekj ugha ugha ugha ugha
3 fot; nqcs ugha ugha ugha ugha
4 Lo:i dqekj lkgk ih,uch fxYV~l fy- cksMZ v/;{k xSj&dk;Zdkjh v/;{k
5 dY;k.k dqekj ugha ugha ugha ugha
6 iadt tSu isVªksusV ,y,uth fy- cksMZ v/;{k vfrfjä funs'kd vkSj v/;{k
7 vfuy dqekj feJk ugha ugha ugha ugha
8 iadt tks'kh ugha ugha ugha ugha
9 latho dqekj ¯l?ky ugha ugha ugha ugha
10 xkSre xqgk ugha ugha ugha ugha
11 MkW- js[kk tSu ugha ugha ugha ugha
120
Notes:
i) The Changes in the composition of the Board during the year are given hereunder:
 Agyey Kumar Azad, Executive Director, completed his tenure on 30.04.2021.
 Dr. Asha Bhandarker, Shareholder Director, completed her tenure on 11.09.2021.
 Dr. Rekha Jain was elected as Shareholder Director on the Board of the Bank w.e.f. 12.09.2021.
 Shri Kalyan Kumar was appointed as Executive Director of the Bank w.e.f 21.10.2021.
 Shri Pankaj Joshi was nominated as Part Time Non Official Director on the Board of the Bank w.e.f. 21.12.2021.
 Shri Sanjeev Kumar Singhal was nominated as Part Time Non Official Director on the Board of the Bank w.e.f. 21.12.2021
 Shri CH S.S. Mallikarjuna Rao, MD & CEO, completed his tenure on 31.01.2022.
 Shri Atul Kumar Goel was appointed as MD & CEO of the Bank w.e.f. 01.02.2022.
 Shri Vivek Aggarwal, RBI Nominee Director ceased to be Director w.e.f. 25.02.2022 (After Business Hours)
 Shri Anil Kumar Misra was nominated as RBI Nominee Director on the Board of the Bank w.e.f. 25.02.2022 (after Business
Hours)
ii) The name of the Committees in which the Director is a member has been mentioned and the Chairmanship has been specifically
indicated wherever applicable.
2.2 The following members ceased to be the Directors during the year:
Sr.
Name of Director (Shri/Smt.) Category of Director Date of Cessation Reason
No.
1 Shri Agyey Kumar Azad Executive Director 30.04.2021 Completion of Tenure
2 Dr. Asha Bhandarker Shareholder Director 11.09.2021 Completion of Tenure
3 Shri CH S.S. Mallikarjuna Rao Managing Director & CEO 31.01.2022 Completion of Tenure
4 Shri Vivek Aggarwal RBI Nominee Director 25.02.2022 Pursuant to Government of India
Notification dated 25.02.2022
2.3 Details of Membership/Chairmanship of Directors in the Board/Committees of other listed entities:
Name of other Listed Entity Name of the Board/Committee

Sr. Name of Director Category of Directorship
in which the Director is a in other listed entity where the
No. (Shri/Smt.) in other listed entities
member of the Board Director is chairman/member
1 Atul Kumar Goel Nil Nil Nil Nil
2 Sanjay Kumar Nil Nil Nil Nil
3 Vijay Dube Nil Nil Nil Nil
4 Swarup Kumar Saha PNB Gilts Ltd. Board Chairman Non-Executive Chairman
5 Kalyan Kumar Nil Nil Nil Nil
6 Pankaj Jain Petronet LNG Ltd. Board Chairperson Additional Director &
Chairperson
7 Anil Kumar Misra Nil Nil Nil Nil
8 Pankaj Joshi Nil Nil Nil Nil
9 Sanjeev Kumar Singhal Nil Nil Nil Nil
10 Gautam Guha Nil Nil Nil Nil
11 Dr. Rekha Jain Nil Nil Nil Nil
121
2.4 o"kZ ds nkSjku vk;ksftr cksMZ dh cSBdksa dk fooj.k% 2.4 Details of Board Meetings held during the year:
cSBd esa mifLFkr Total No. of No. of Directors

Ø- cSBd dh cksMZ esa funs'kdksa dh Sr. Date of the
funs'kdksa dh Directors on present in the
la- frfFk dqy la[;k No. Meeting
la[;k the Board Meeting
1 28-05-2021 8 8 1 28.05.2021 8 8
2 04-06-2021 8 8 2 04.06.2021 8 8
3 25-06-2021 8 8 3 25.06.2021 8 8
4 03-07-2021 8 8 4 03.07.2021 8 8
5 29-07-2021 8 8 5 29.07.2021 8 8
6 02-08-2021 8 7 6 02.08.2021 8 7
7 30-08-2021 8 8 7 30.08.2021 8 8
8 10-09-2021 8 7 8 10.09.2021 8 7
9 29-09-2021 8 8 9 29.09.2021 8 8
10 23-10-2021 9 9 10 23.10.2021 9 9
11 27-10-2021 9 9 11 27.10.2021 9 9
12 25-11-2021 9 9 12 25.11.2021 9 9
13 30-12-2021 11 10 13 30.12.2021 11 10
14 27-01-2022 11 10 14 27.01.2022 11 10
15 25-02-2022 11 10 15 25.02.2022 11 10
16 29-03-2022 11 10 16 29.03.2022 11 10
2-5 foÙkh; o"kZ ds nkSjku cksMZ dh cSBdksa rFkk xr ok£"kd vke 2.5 The total number of Board meetings & last Annual
cSBd ¼,th,e½ esa funs'kdksa dh mifLFkfr dh la[;k bl General Meeting (AGM) attended by Directors during the
Financial Year are as under:
izdkj gS%
Board
muds dk;Zdky cksMZ dh fiNyh Meetings
funs'kd dk ds nkSjku fdruh vke Name of Board
Ø- Sr. held Attendance
uke ¼Jh@ vk;ksftr cksMZ cSBdksa esa ok£"kd Directors Meetings
la- No. during in last AGM
(Shri/Smt.) attended
Jherh½ ds cSBdksa dh mifLFkr cSBd esa their
la[;k gq, mifLFkfr tenure
1 lh,p- ,l- ,l- 14 14 gk¡ 1 CH. S. S. 14 14 Yes
efYydktqZu Mallikarjuna
Rao
jko
2 vrqy dqekj 02 02 ykxw ugha 2 Atul Kumar 02 02 N.A.
Goel
xks;y
3 Sanjay Kumar 16 16 Yes
3 lat; dqekj 16 16 gk¡
4 Vijay Dube 16 16 Yes
4 fot; nqcs 16 16 gk¡
5 vKs; dqekj 0 0 ykxw ugha 5 A. K. Azad 0 0 N.A.
vkt+kn
6 Lo:i dqekj 16 16 gk¡ 6 Swarup Kumar 16 16 Yes
Saha
lkgk
122
muds dk;Zdky cksMZ dh fiNyh Board
funs'kd dk ds nkSjku fdruh vke Meetings
Ø- Name of Board
Sr. held Attendance
uke ¼Jh@ vk;ksftr cksMZ cSBdksa esa ok£"kd Directors Meetings
la- No. during in last AGM
Jherh½ ds cSBdksa dh mifLFkr cSBd esa (Shri/Smt.) attended
their
la[;k gq, mifLFkfr tenure
7 dY;k.k dqekj 07 07 ykxw ugha 7 Kalyan Kumar 07 07 N.A.
8 iadt tSu 16 12 ugha 8 Pankaj Jain 16 12 No
9 foosd vxzoky 15 15 ugha 9 Vivek 15 15 No
10 vfuy dqekj 01 01 ykxw ugha Aggarwal
feJk 10 Anil Kumar 01 01 N.A.
Misra
11 iadt tks'kh 04 04 ykxw ugha
11 Pankaj Joshi 04 04 N.A.
12 latho dqekj 04 04 ykxw ugha
12 Sanjeev Kumar 04 04 N.A.
¯l?ky Singhal
13 MkW- vk'kk 08 07 gk¡ 13 Dr. Asha 08 07 Yes
HkaMkjdj Bhandarker
14 xkSre xqgk 16 15 gk¡ 14 Gautam Guha 16 15 Yes
15 MkWa- js[kk tSu 08 08 ykxw ugha 15 Dr. Rekha Jain 08 08 N.A.
uksV% ykxw ugha] bafxr djrk gS fd izklafxd vof/k ds nkSjku funs'kd Note: N.A. indicates Not a Director during the relevant period.
ugha gSaA
2.6 Brief Profile of Directors appointed/nominated during the
2-6 foÙkh; o"kZ ds nkSjku fu;qä@ukfer fd, x, funs'kdksa dh Financial Year is given below:
laf{kIr izksQkby fuEukuqlkj gS% i. Dr. Rekha Jain, Shareholder Director:
i. MkW- js[kk tSu] 'ks;j/kkjd funs'kd% Dr. Rekha Jain was elected as Shareholder Director w.e.f.
MkW- js[kk tSu dks 'ks;j/kkjd funs'kd ds :i esa fnukad 12-09-2021 12.09.2021 for a period of three years. She is a post-
graduate in Physics from University of Delhi. She completed
ls rhu o"kZ dh vof/k ds fy, fuokZfpr fd;k x;k FkkA ;s fnYyh her Ph.D. from the Indian Institute of Technology, Delhi.
fo'ofo|ky; ls HkkSfrdh esa LukrdksÙkj gSaA bUgksaus viuh ih,p- She has served as Professor in the Indian Institute of
Mh- Hkkjrh; izkS|ksfxdh laLFkku] fnYyh ls iwjh dhA ;s twu 1985 ls Management, Ahmedabad from June 1985 to December
fnlacj 2019 rd ¼vFkkZr lsokfuo`fÙk rd½ Hkkjrh; izca/ku laLFkku] 2019 (i.e. till superannuation).
vgenkckn esa izk/;kid jgh gSaA She has over 37 years of diverse experience and special
bUgsa lwpuk izkS|ksfxdh] Hkqxrku vkSj fuiVku iz.kkyh] O;olk; knowledge in Information Technology, Payment &
izcaèku vkSj tksf[ke izca/ku esa 37 ls vf/kd o"kks± dk fofo/k vuqHko Settlement Systems, Business Management and Risk
Management.
vkSj fo'ks"k Kku gSA
She has served as an Independent Director on the Board
;s 2015&2019 rd VsyhdE;qfuds'kUl dalyVsaV~l bafM;k of Telecommunication Consultants of India Ltd. (TCIL) from
2015-2019 and also chaired the Audit Committee of the
fyfeVsM ¼VhlhvkbZ,y½ ds cksMZ esa ,d Lora=k funs'kd jgh gSa vkSj
Board of TCIL.
VhlhvkbZ,y ds cksMZ dh ys[kkijh{kk lfefr dh v/;{krk Hkh dh gSA
She is presently a freelance Strategic IT/ Telecom Policy
Consultant and also a Director on the Board of Guj Info
;s orZeku esa ,d Ýhykal LVªsVsftd vkbZVh@VsyhdkWe ikWfylh
Petro Limited (GIPL) since 08.03.2016.
lykgdkj gSa vkSj 08-03-2016 ls xqt bUQks isVªks fyfeVsM ¼GIPL½
ds cksMZ esa funs'kd Hkh gSaA ii. Shri Kalyan Kumar, Executive Director:
ii. Jh dY;k.k dqekj] dk;Zikyd funs'kd% Shri Kalyan Kumar assumed charge as Executive Director of
the Bank on 21.10.2021.
Jh dY;k.k dqekj us 21-10-2021 dks cSad ds dk;Zikyd funs'kd ds
:i esa dk;ZHkkj xzg.k fd;kA Shri Kalyan Kumar, a Post Graduate in Science from
Rajendra Prasad Agriculture University, Pusa, is also a
Jh dY;k.k dqekj] jktsaæ izlkn Ñf"k fo'ofo|ky;] iwlk ls
123
foKku esa LukrdksÙkj gSa] ;s Hkkrh; cSadlZ laLFkku ¼lh,vkbZvkbZch½ Certified Associate Member of Indian Institute of Bankers
ds ,d izekf.kr lg;ksxh lnL; Hkh gS rFkk Hkkjrh; cSa¯dx ,oa (CAIIB) and holds various certifications in Trade Finance, IT
Security and KYC-AML from Indian Institute of Banking and
foÙk laLFkku ¼vkbZvkbZch,Q½ ls O;kikj foÙk] vkbZVh lqj{kk vkSj
Finance (IIBF).
dsokbZlh&,,e,y esa fofHkUUk izek.ki=k /kkjd gSaA
Jh dqekj us o"kZ 1995 esa xzkeh.k fodkl vf/kdkjh ds :i esa ;wfu;u Shri Kumar started his journey in Union Bank of India as
cSad vkWQ bafM;k esa vius dfj;j dh 'kq:vkr dh vkSj fiNys 26 Rural Development Officer in the year 1995 and served
the Bank for 26 years in various capacities as Branch Head
o"kks± esa oh,ych ds 'kk[kk izeq[k] izf'k{k.k dsanzksa esa QSdYVh] LVkQ
of VLBs, faculty at Staff Training Centres, Staff College
dkWyst ds izkpk;Z] dkWiksZjsV dk;kZy; esa lrdZrk vkSj O;kikj Principal, Vigilance and Business Process Transformation
izfØ;k ifjorZu vkSj lekesyu izca/ku vkSj var esa ;wfu;u cSad and Amalgamation Management at Corporate Office and
vkWQ bafM;k ds lhth,e ,p vkj ds :i esa fofHkUUk inksa ij jgrs lastly as CGM HR of Union Bank of India. The successful
gq, cSad dh lsok dhA ;wfu;u cSad vkWQ bafM;k esa vka/kzk cSad vkSj amalgamation of Andhra Bank and Corporation Bank into
dkWjiksjs'ku cSad dk lQy lekesyu mudh ns[kjs[k vkSj fu;a=k.k Union Bank of India was steered under his supervision and
esa fd;k x;k FkkA control.
lkoZtfud {ks=k ds cSadksa ds fy, mi;qä izf'k{k.k dk;ZØe rS;kj As a team member of the Committee constituted by
djus ij chchch }kjk xfBr lfefr ds Vhe ds ,d lnL; ds :i BBB on devising Suitable Training Program for PSBs,
he devised a comprehensive report on the Training
esa] bUgksaus lHkh Lrjksa ds fy, izf'k{k.k dk;ZØeksa ij ,d O;kid
Programs for all levels, created and drove Unique
fjiksVZ rS;kj dh] cSad ds fy, Hkkoh yhMjksa dks rS;kj djus gsrq Leadership Development Program “Union Bhavishya” for
vf}rh; usr`Ro fodkl dk;ZØe Þ;wfu;u Hkfo";Þ rS;kj vkSj preparing future leaders for the Bank. He also led an end
lapkfyr fd;kA bUgksaus lHkh deZpkfj;ksa dks l'kä cukus gsrq to end Digital HR Transformation Project “Union Prerna”
izn'kZu dsafær ,pvkj cukus ds fy, ,d ,aM&Vw&,aM fMftVy for creating a performance centric HR empowering all
,pvkj VªkalQkWesZ'ku izkstsDV Þ;wfu;u izsj.kkÞ dk Hkh usr`Ro fd;kA employees.
Jh dqekj dk vuqHko vkSj ;ksxnku 'kk[kk cSa¯dx] ØsfMV vkSj Shri Kumar’s experience and contribution spans across
,e,l,ebZ] lrdZrk] O;kikj izfØ;k jhbathfu;¯jx vkSj multiple domains of Branch Banking, Credit and MSME,
,ukfyfVDl] lekesyu izca/ku vkSj f'k{kk ,oa fodkl rFkk Vigilance, Business Process Re-engineering & Analytics,
Amalgamation Management and Human Resource
izfrHkk izca/ku lfgr ekuo lalk/ku izca/ku tSls dbZ Mksesu esa
Management including Learning & Development and
gSA Talent Management.
mUgsa 'kh"kZ usr`Ro fodkl ds fy, cSad ds cksMZ C;wjks izf'k{k.k dk;ZØe He has also undergone the Bank’s Board Bureau Training
dk Hkh vuqHko gSA Program for Top Leadership Development.
iii. Jh iadt tks'kh] va'kdkfyd xSj&ljdkjh funs'kd% iii. Shri Pankaj Joshi, Part Time Non-Official Director:
Jh iadt tks'kh dks fnukad 21-12-2021 ls rhu o"kZ dh vof/k ds Shri Pankaj Joshi was nominated as Part Time Non-Official
fy, cSad ds cksMZ esa va'kdkfyd xSj&ljdkjh funs'kd ds :i esa Director on the Board of the Bank w.e.f. 21.12.2021 for a
ukfer fd;k x;k FkkA period of three years.
Jh iadt tks'kh jktLFkku fo'ofo|ky;] t;iqj ls okf.kT; ¼ch- Shri Pankaj Joshi is a Graduate in Commerce (B. Com) from
dkWe½ esa Lukrd gSaA ;s 2007 ls pkVZMZ vdkmaVsaV~l baLVhV~¸kwV vkWQ Rajasthan University, Jaipur. He is a member of the Institute
bafM;k ds lnL; gSa vkSj bUgsa fofHkUUk futh {ks=k dh daifu;ksa vkSj of Chartered Accountants of India since 2007 and has over
15 years of professional experience in internal as well as
lkoZtfud {ks=k ds cSadksa@foÙkh; laLFkkuksa ds vkarfjd vkSj lkFk gh statutory Audit of various Private Sector Companies and
oS/kkfud vkWfMV esa 15 o"kks± ls vf/kd dk is'ksoj vuqHko gSA Public Sector Banks/Financial Institutions.
iv. Jh latho dqekj ¯l?ky] va'kdkfyd xSj&ljdkjh funs'kd% iv. Shri Sanjeev Kumar Singhal, Part Time Non-Official
Director:
Jh latho dqekj ¯l?ky dks fnukad 21-12-2021 ls rhu o"kZ dh
Shri Sanjeev Kumar Singhal was nominated as Part-Time
vof/k ds fy, cSad ds cksMZ esa va'kdkfyd xSj&ljdkjh funs'kd ds Non-Official Director on the Board of the Bank w.e.f.
:i esa ukfer fd;k x;k FkkA 21.12.2021 for a period of three years.
Jh ¯l?ky lhlh,l fo'ofo|ky;] esjB ls okf.kT; Lukrd ¼ch- Shri Singhal is a Commerce Graduate (B. Com) and Bachelor
dkWe½ vkSj fo/kk;h dkuwu ¼,y,ych½ esa Lukrd gSaA ;s 1995 ls of Legislative Law (LL.B) from CCS University, Meerut. He
baLVhV~¸kwV vkWQ pkVZMZ ,dkmaVsaV~l vkWQ bafM;k ds lnL; gSaA is a member of the Institute of the Chartered Accountants
124
bUgksaus izfrf"Br vkbZ,eVh] xkft;kckn ls ihthMh,Q,e ¼foÙkh; of India since 1995. He also holds PGDFM (Post Graduate
izca/ku esa LukrdksÙkj fMIyksek½ Hkh fd;k gSA vkbZlh,vkbZ ls Diploma in Financial Management) from the prestigious
IMT, Ghaziabad. Besides being DISA qualified from ICAI, he
MhvkbZ,l, vgZrk izkIr gksus ds vykok] bUgksaus chek tksf[ke
holds diploma in Insurance Risk Management (IRM) and
izcaèku ¼vkbZvkj,e½ vkSj Qksjsafld vkWfMV esa fMIyksek fd;k gSA Jh Forensic Audit. Shri Singhal also holds Advance diploma in
¯l?ky us lhvkbZ,e,] yanu ¼;wds½ ls lh,e, esa ,Mokal fMIyksek CMA from CIMA, London(UK).
Hkh fd;k gSA
Jh ¯l?ky dks pkVZMZ ,dkmaVsaV ds :i esa dk;Z djus dk 25 o"kks± Shri Singhal has over 25 years of experience in practice as
ls vf/kd dk vuqHko gS vkSj bUgksaus fofHkUUk djk/kku ekeyksa] cSad a Chartered Accountant and has handled various Taxation
ys[kkijh{kk] lkoZtfud miØeksa vkSj fofHkUUk ea=kky;ksa ds Lok;Ùk issues, Bank Audits, Internal and Statutory Audits of PSUs
fudk;ksa dh vkarfjd vkSj oS/kkfud ys[kkijh{kk] daiuh dkuwu ls and Autonomous bodies of different Ministries, Company
lacaf/kr ekeyksa dks laHkkyk gS rFkk bZvkjih] ,l,ih vkSj flLVe Law matters and also possesses specialized knowledge of
ERP, SAP and System Management.
izca/ku esa fo'ks"krk Hkh izkIr gSaA
Jh ¯l?ky dks fofHkUUk m|ksx o£Vdy tSls foÙkh; lsokvksa] fofuekZ.k Shri Singhal also has over 15 years of experience in review of
security and internal controls in Information Systems, ERPs
vkSj miHkksäk lkexzh m|ksx ftlesa vkbZVh lkekU; fu;a=k.k leh{kk]
and IT application in various Industry verticals like financial
rk£dd vkSj HkkSfrd igqap fu;a=k.k] lkW¶Vos;j dk fodkl vkSj services, manufacturing and consumer goods industry
j[kj[kko dh leh{kk lfgr lwpuk iz.kkyh] bZvkjih vkSj vkbZVh which includes performing IT general controls review,
,fIyds'ku esa lqj{kk vkSj vkarfjd fu;a=k.kksa dh leh{kk dk 15 logical and physical access controls, software development
o"kks± ls vf/kd dk vuqHko gSA bUgsa vkbZVh vkSj foÙkh; fjiks²Vx and maintenance review. He also carries experience in
fu;a=k.kksa esa vkbZ,Qlh ¼vkarfjd foÙkh; fu;a=k.k½ ds izk:i.k] drafting, implementing and testing IFC (Internal Financial
dk;kZUo;u vkSj ijh{k.k dk Hkh vuqHko gSA Controls) in IT and Financial Reporting Controls.
Jh ¯l?ky mÙkj izns'k ljdkj dh *foÙk lalk/ku lfefr* esa lnL; Shri Singhal is also a Member Secretary in ‘Vitt Sansadhan
Committee’ of the Government of Uttar Pradesh.
lfpo Hkh gSaA
v. Jh vrqy dqekj xks;y] izca/k funs'kd ,oa eq[; dk;Zikyd v. Shri Atul Kumar Goel, Managing Director & CEO
vf/kdkjh
Jh vrqy dqekj xks;y us fnukad 01-02-2022 ls cSad ds izca/k Sh. Atul Kumar Goel assumed the charge as Managing
funs'kd ,oa eq[; dk;Zikyd vf/kdkjh ds :i esa dk;ZHkkj laHkkykA Director & CEO of the Bank w.e.f. 01.02.2022. Prior to this,
blls igys] os ;wdks cSad ds izca/k funs'kd ,oa eq[; dk;Zikyd he was the Managing Director & CEO of UCO Bank. Before
his elevation as Managing Director & CEO of UCO Bank,
vfèkdkjh FksA ;wdks cSad ds izca/k funs'kd ,oa eq[; dk;Zikyd he was Executive Director in Union Bank of India from
vfèkdkjh ds :i esa viuh inksUUkfr ls igys] os 15-09-2016 ls 15.09.2016 to 01.11.2018.
01-11-2018 rd ;wfu;u cSad vkWQ bafM;k esa dk;Zikyd funs'kd FksA
Jh xks;y dks rhu cSadksa vFkkZr bykgkckn cSad ¼vc bafM;u cSad½] Shri Goel has around three decades of Professional Banking
Experience in three Banks viz. Allahabad Bank (now Indian
;wfu;u cSad vkWQ bafM;k vkSj ;wdks cSad esa yxHkx rhu n'kdksa dk
Bank), Union Bank of India & UCO Bank. As a qualified
O;kolkf;d cSa¯dx dk vuqHko gSA ,d ;ksX; pkVZMZ ,dkmaVsaV ds Chartered Accountant, he has vast experience, exposure
:i esa] buds ikl leFkZu lsok] O;olk; izfØ;k ifjorZu] vuqikyu & expertise in all major areas of Banking including Large
vkfn ds vykok cM+s dkWiksZjsV] Vªstjh izca/ku] tksf[ke izcaèku] foÙkh; Corporate, Treasury Management, Risk Management;
;kstuk ,oa fuos'k laca/k lfgr cSa¯dx ds lHkh izeq[k {ks=kksa esa O;kid Financial Planning & Investor Relations apart from Support
vuqHko] ,Dlikstj vkSj fo'ks"kKrk gSA Service, Business Process Transformation, Compliance etc.
As a Managing Director & Chief Executive Officer of UCO
;wdks cSad ds izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh ds :i
Bank, he envisioned UCO Bank to be one of the leading
esa] bUgksaus ;wdks cSad dks Hkkjr ds vxz.kh cSadksa esa ls ,d cukus dk Banks in India and was instrumental in bringing the
liuk ns[kk vkSj yxkrkj 5 o"kks± ls ?kkVs ds ckn o"kZ 2020&21 esa cSad Bank back to profitability in FY 2020-21 after 5 years of
dks ykHkiznrk esa okil ykus esa egRoiw.kZ Hkwfedk fuHkkbZA consecutive losses.
;s fnukad 01-10-2019 ls 31-12-2021 rd U;w bafM;k ,';ksjsal He was a Director on the Board of the New India Assurance
daiuh fyfeVsM ds cksMZ esa funs'kd FksA ;s Hkkjrh; cSa¯dx ,oa foÙk Co. Ltd from 01.10.2019 to 31.12.2021. He is also the
member of Governing Council & Chairman of Executive
laLFkku ¼vkbZvkbZch,Q½ dh xo²ux dkmafly ds lnL; vkSj Committee of Indian Institute of Banking & Finance (IIBF).
dk;Zdkjh lfefr ds v/;{k Hkh gSaA
125
;wfu;u cSad vkWQ bafM;k esa dk;Zikyd funs'kd ds :i esa dk;Z djrs While working as Executive Director at Union Bank of India,
gq,] buds le`) Kku vkSj vuqHko ds dkj.k cM+s dkWiksZjsV vkSj cSad ds his contribution to Large Corporate and Accounts and
Finance Division of the Bank was immeasurable through
ys[kk ,oa foÙk izHkkx esa budk ;ksxnku vrqyuh; FkkA bUgksaus LVkj
his rich knowledge and experience. He served as a Director
;wfu;u nkbZ&bph ykbQ ba';ksjsal daiuh fyfeVsM vkSj ;wfu;u on the Boards of Star Union Dai-ichi Life Insurance Co. Ltd.
VªLVh daiuh izkbosV fyfeVsM ds cksMZ esa funs'kd ds :i esa dk;Z & Union Trustee Company Private Limited.
fd;kA
Jh xks;y us iwooZ rhZ bykgkckn cSd a ¼vc bafM;u cSd a ½ esa Shri Goel joined erstwhile Allahabad Bank (now Indian
27-03-1992 dks Ldsy II esa fo'ks"kK vf/kdkjh esa pkVZMZ ,dkmaVVas ds Bank) on 27.03.1992 as a Chartered Accountant in
:i esa dk;ZHkkj xzg.k fd;k vkSj bUgsa egkizc/a kd ds Lrj rd inksUUkr Specialist Officer in Scale II and was elevated up to the
level of General Manager. He handled key areas covering
fd;k x;kA bUgksua s eq[; foÙkh; vf/kdkjh ¼lh,Qvks½ ds :i esa cS¯a dx
vast spectrum of Banking operations, most importantly as
dk;ks± ds fo'kky LisDVªe dks doj djus okys ize[q k {ks=kksa dks laHkkyk Chief Financial Officer (CFO) and Head of Mumbai Zone of
vkSj rRdkyhu bykgkckn cSd a ds eqca bZ vapy ds vapy ize[q k Hkh jgsA erstwhile Allahabad Bank. He also served as Director of All
;s vkWy cSd
a Qkbusla fyfeVsM ds funs'kd Hkh jgsA Bank Finance Limited.
Jh xks;y us izfrf"Br laLFkkuksa }kjk vk;ksftr fofHkUUk izf'k{k.k Shri Goel has attended various training programmes
dk;ZØeksa esa Hkkx fy;k gSA bUgksaus lh,,Qvkj,,y ds rRoko/kku conducted by prestigious Institutions. He has also
undergone training programme held abroad conducted
esa fons'k esa vk;ksftr izf'k{k.k dk;ZØe esa Hkh lgHkkfxrk dh gSA
under aegis of CAFRAL.
bUgksaus *ys[kk ekudksa vkSj djk/kku ij LFkk;h lfefr* vkSj *Hkkjrh; He has also acted as the Chairman of ‘Standing Committee
cSad la?k ds fjVsy cSa¯dx ij LFkk;h lfefr* ¼vkbZch,½ ds v/;{k ds on Accounting Standards & Taxation’ and ‘Standing
:i esa Hkh dke fd;k gSA 14-10-2021 dks] vkbZch, dh izca/k lfefr Committee on Retail Banking of Indian Banks’ Association
us Jh xks;y dks vkbZch, ds v/;{k ds :i esa pqukA (IBA). On 14.10.2021, the Managing Committee of IBA
elected Shri Goel as Chairman of IBA.
vi. vfuy dqekj feJk] vkjchvkbZ ukfer funs'kd vi. Shri Anil Kumar Misra, RBI Nominee Director
Jh vfuy dqekj feJk dks cSad ds cksMZ esa fnukad 25-02-2022 ls Shri Anil Kumar Misra was appointed as RBI Nominee
vkjchvkbZ ukfer funs'kd ds :i esa fu;qä fd;k x;k FkkA Director on the Board of the Bank w.e.f. 25.02.2022.
Jh feJk Hkkjrh; fjt+oZ cSad esa ,d dk;Zikyd funs'kd Fks] tks Shri Misra was an Executive Director in the Reserve Bank
of India, responsible for supervision of Banking as well as
cSa¯dx ds lkFk&lkFk xSj&cSa¯dx foÙkh; laLFkkuksa ds i;Zos{k.k gsrq
non-Banking Financial Institutions. He retired from RBI in
mÙkjnk;h FksA os tqykbZ] 2018 esa vkjchvkbZ ls lsokfuo`r gq,A July, 2018.
1982 ls dsaæh; cSadj ds :i esa] bUgsa fjtoZ cSad esa eqæk izcaèku] As a career central banker since 1982, his experience
fons'kh eqæk] Hkqxrku iz.kkyh] cSa¯dx vkSj xSj&cSa¯dx ØsfMV encompasses the areas of currency management, foreign
e/;LFkksa ds fofu;eu vkSj i;Zos{k.k] foÙkh; lekos'ku vkSj tksf[ke exchange, payment systems, regulation and supervision
of banking & non-banking credit intermediaries, financial
fuxjkuh ds {ks=k dk vuqHko gSA inclusion and risk monitoring in the Reserve Bank.
bUgksaus tEew vkSj d'ehj cSad fyfeVsM] ;wfu;u cSad vkWQ bafM;k] He has served as a Director on the Boards of the Jammu &
,DliksVZ ØsfMV ,aM xkjaVh dkWjiksjs'ku vkWQ bafM;k fyfeVsM Kashmir Bank Limited, Union Bank of India, Export Credit
ds cksMZ esa funs'kd vkSj uS'kuy cSad QkWj ,xzhdYpj ,aM :jy and Guarantee Corporation of India Limited and was a
member of the Board of National Bank for Agriculture and
MsoyiesaV ds cksMZ esa lnL; Hkh FksA
Rural Development.
buds varjjk"Vªh; vuqHko esa foÙkh; {ks=k fLFkjrk lykgdkj vkSj His international experience includes association with the
vius lnL; {ks=kkf/kdkj ds cSa¯dx&{ks=k ewY;kadu ds fy, fuf/k International Monetary Fund as a Financial Sector Stability
foÙkh; {ks=k ewY;kadu dk;ZØe ¼,Q,l,ih½ Vhe ds lnL; ds :i Advisor and as a member of the Fund’s Financial Sector
Assessment Program (FSAP) Team for the banking-sector
esa varjkZ"Vªh; eqæk dks"k ds lkFk lg;ksx Hkh 'kkfey gSA
assessment of its member jurisdictions.
foÙkh; fLFkjrk cksMZ ¼,Q,lch] csly] fLoV~tjySaM esa fLFkr½ esa Shri Misra also had a four-and-a-half year stint as a Member
lfpoky; ds lnL; ds :i esa Hkh Jh feJk dk lk<+s pkj lky dk of Secretariat at the Financial Stability Board (FSB, located
dk;Zdky Fkk] tks oSf'od foÙkh; {ks=k ds eqíksa vkSj uhfrxr lq/kkjksa in Basel, Switzerland), which is the G20 arm for dealing
with the global financial sector issues and policy reforms.
ls fuiVus ds fy, th20 dh 'kk[kk gSA
126
,Q,lch esa] og ,Q,lch ds varjkZ"Vªh; lg;ksx ,oa lwpuk At the FSB, he was closely involved with the roll out of the
fofue; igy ykxw gksus] Ng fo'oO;kih {ks=kh; lykgdkj lewgksa FSB’s International Cooperation and Information Exchange
Initiative, its global outreach strategy via the six world-
ds ek/;e ls bldh oSf'od igq¡p j.kuhfr ftlesa 65 ls vf/kd ns'k
wide Regional Consultative Groups comprising over 65
'kkfey Fks vkSj blds 'kklu lq/kkj] ftlds dkj.k ,Q,lch esa dqN Countries and its governance reforms, which led to certain
lajpukRed ifjorZu ls fudVrk ls tqM+s jgsA structural changes in the FSB.
Jh feJk yksd iz'kklu ¼gkoZMZ ;wfuo£lVh] ;w,l,½ vkSj Shri Misra holds Master’s degrees in Public Administration
fctusl eSustesaV ¼cukjl ¯gnw fo'ofo|ky;½ esa ekLVj fMxzh (Harvard University, USA) and in Business Management
èkkjd gSaA (Banaras Hindu University).
3- cksMZ dh lfefr;ka 3. Committees of the Board
cSad ds funs'kd eaMy us Hkkjrh; fjtoZ cSad@Hkkjr ljdkj@ lsch The Board of Directors of the Bank has constituted various
fn'kkfunsZ'kksa ds vuqlkj j.kuhfrd egRo ds fofHkUUk {ks=kksa dks ns[kus ds Committees of Directors and / or Executives to look into
different areas of strategic importance in terms of Reserve Bank
fy, funs'kdksa vkSj@;k dk;Zikyd vf/kdkfj;ksa dh fofHkUUk lfefr;ksa of India/ Government of India/SEBI Guidelines.
dk xBu fd;k gSA
3-1 cksMZ dh ys[kkijh{kk lfefr ¼,lhch½ 3.1 Audit Committee of the Board (ACB)
laf{kIr fooj.k vkSj fopkjkFkZ fo"k;% Brief description and terms of reference:
cksMZ dh ys[kkijh{kk lfefr dk xBu vkjchvkbZ dh i=k The Audit Committee of the Board has been constituted in terms
la[;k 5@16@13-100@94 fnukad 09-04-1994] la[;k chlh@ of RBI Guidelines contained in its Letter No.5/16/13.100/94
,Mh,e,u@919@16-13-100@95 fnukad 26-09-1995 vkSj la- Mhvks,l- dated 09.04.1994, No.BC/ADMN/919/16.13.100/95 dated
la[;k chlh@3@08-91-020@97 fnukad 20-01-1997 esa fufgr rFkk 26.09.1995, No.DOS.No.BC/3/08.91.020/97 dated 20.01.1997
la[;k vkjchvkbZ@2021&22@24 Mhvksvkj-thvksoh-vkjbZlh- 8@29-67- & No. RBI/2021-22/24 DOR.GOV.REC.8/29.67.001/2021-
001@2021&22 fnukad 26-04-2021] Hkkjrh; fjt+oZ cSad ds vU; ekStwnk 22 dated 26.04.2021, other extant guidelines of RBI and as
fn'kkfunsZ'k vkSj lsch ¼,yvksMhvkj½ fofu;ekoyh] 2015 ds fofu;e 18 required under Regulation 18 of SEBI (LODR) Regulations, 2015.
ds rgr vko';d fn'kk&funsZ'kksa ds vuqlkj fd;k x;k gSA lfefr ds The main functions of the Committee are as under: -
eq[; dk;Z bl izdkj gSa%&
• laxBu] lapkyu] vkarfjd ys[kk ijh{kk vkSj fujh{k.k dh xq.koÙkk • Providing direction and overseeing the audit function of
fu;a=k.k lfgr cSad ds ys[kk ijh{kk dk;ks± dks fn'kk iznku djuk the Bank including the organization, operationalization,
vkSj mldk i;Zos{k.k djuk rFkk cSad dh lkafof/kd@cká ys[kk quality control of internal audit and inspection including its
review and follow up on the statutory/external audit of the
ijh{kk dk;ks± ,oa Hkkjrh; fjt+oZ cSad ds fujh{k.k ds laca/k esa vuqorhZ Bank and inspections of RBI.
dkjZokbZ djukA
• frekgh@ok£"kd foÙkh; fooj.k o fjiksVks± ds vuqeksnu ds laca/k esa • To interact with Statutory Central Auditors in respect
dsUæh; lkafof/kd ys[kk ijh{kdksa ls fopkj&foe'kZ djuk vkSj ykWUx of approval of quarterly/annual Financial Statements &
Reports and also follow up on all the issues raised in the
QkWeZ vkWfMV fjiksVZ esa mBk, x, leLr ekeyksa ij vuqorhZ dkjZokbZ
Long Form Audit Report.
djukA
• cSad ds vkarfjd fujh{k.k@ys[kkijh{kk dk;Z & iz.kkyh] bldh • To review the internal inspection/Audit function of the
Bank – the system, its quality and effectiveness in terms of
xq.koÙkk vkSj vuqorhZ dkjZokbZ dh izHkko'khyrk dh leh{kk djukA follow up.
• ;g lqfuf'Pkr djus ds fy, foÙkh; fooj.k lgh] i;kZIr vkSj • Overseeing the Bank’s financial reporting process and the
fo'oluh; gS] cSad dh foÙkh; fjiks²Vx izfØ;k dh fuxjkuh vkSj disclosure of its financial information to ensure that the
bldh foÙkh; lwpukvksa dk izdVhdj.kA financial statements are correct, sufficient and credible.
• ok£"kd foÙkh; fooj.kksa vkSj ml ij ys[kk ijh{kdksa dh fjiksVZ] cksMZ • To review with the Management, the Annual Financial
dks vuqeksnukFkZ izLrqr djus ls iwoZ] izca/ku ds lkFk mldh leh{kk Statements and Auditors’ Report thereon before
submission to the Board for approval and also the changes
djuk ,oa ys[kkadu uhfr;ksa esa ifjorZu djukA
in the Accounting Policies.
• lacaf/kr i{k ds ysunsu dh leh{kkA • To review Related Party Transactions.
127
• lkoZtfud {ks=k ds cSdksa ij ykxw lhek rd lsch ¼,yvksMhvkj½ • To carry out the functions as stipulated in the SEBI (LODR)
fofu;ekoyh] 2015 dh 'krks± ds vuqlkj dk;Z djukA Regulations, 2015 to the extent applicable to Public Sector
Banks.
cSad ds daiuh lfpo lsch ¼,yvksMhvkj½ fofu;ekoyh] 2015 ds fofu;e The Company Secretary of the Bank acts as the Secretary to
18 ¼1½ ¼bZ½ dh 'krZ ds vuqlkj lfefr ds lfpo ds :i esa dk;Z djrs gSaA the Committee in terms of Regulation 18 (1)(e) of SEBI (LODR)
Regulations, 2015.
31-03-2022 dh fLFkfr ds vuqlkj lfefr dh lajpuk% Composition of the Committee as on 31.03.2022:
Ø- la- funs'kd dk uke ¼Jh@Jherh½ Sr. No. Name of the Director (S/Shri)
1 xkSre xqgk 'ks;j/kkjd funs'kd] v/;{k Shareholder Director,
1 Gautam Guha
Chairman
Hkkjr ljdkj ds ukferh
2 iadt tSu Govt. Nominee Director,
funs'kd] lnL; 2 Pankaj Jain
Member
vkjchvkbZ ds ukferh RBI Nominee Director,
3 vfuy dqekj feJk 3 Anil Kumar Misra
funs'kd] lnL; Member
va'kdkfyd xSj&ljdkjh Part Time Non-Official
4 latho dqekj ¯l?ky 4 Sanjeev Kumar Singhal
funs'kd] lnL; Director, Member
vkeaf=kr ¼Jh@Jherh½% Invitees(Shri/Smt):

Sanjay Kumar Executive Director
lat; dqekj dk;Zikyd funs'kd
Vijay Dube Executive Director
fot; nqcs dk;Zikyd funs'kd
Swarup Kumar Saha Executive Director
Lo:i dqekj lkgk dk;Zikyd funs'kd
Kalyan Kumar Executive Director
dY;k.k dqekj dk;Zikyd funs'kd
Jh latho dqekj ¯l?ky dks 29-12-2021 ¼dkjksckj le; ds ckn½ dks Shri Sanjeev Kumar Singhal was made member of the Committee
lfefr dk lnL; cuk;k x;kA Jh vfuy dqekj feJk dks Jh foosd on 29.12.2021 (after business hours). Shri Anil Kumar Misra was
made member of the Committee on 28.02.2022 in place of Shri
vxzoky ds LFkku ij 28-02-2022 dks lfefr dk lnL; cuk;k x;kA
Vivek Aggarwal.
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa ds fooj.k% Details of meetings held during the Financial Year:
Ø- cSBd dh lfefr ds funs'kdksa cSBd esa mifLFkr No of Directors

Sr. Date of Total No. of Directors
la frfFk dh dqy la[;k funs'kdksa dh la[;k Present in the
No. Meeting of the Committee
Meeting
1 28-05-2021 3 3
1 28.05.2021 3 3
2 04-06-2021 3 3
2 04.06.2021 3 3
3 25-06-2021 3 3
3 25.06.2021 3 3
4 29-07-2021 3 3
4 29.07.2021 3 3
5 02-08-2021 3 3
5 02.08.2021 3 3
6 08-09-2021 3 3
6 08.09.2021 3 3
7 29-09-2021 3 3
7 29.09.2021 3 3
8 27-10-2021 3 3
8 27.10.2021 3 3
9 25-11-2021 3 3
9 25.11.2021 3 3
10 30-12-2021 4 3 10 30.12.2021 4 3
11 27-01-2022 4 3 11 27.01.2022 4 3
12 25-02-2022 4 3 12 25.02.2022 4 3
13 29-03-2022 4 3 13 29.03.2022 4 3
128
foÙkh; o"kZ ds nkSjku lnL;&funs'kdksa }kjk cSBdksa esa Hkkx ysus No. of meetings attended by Member-Directors during the
dh la[;k% Financial Year:
Ø- funs'kd dk uke muds dk;Zdky esa cSBdksa esa Sr. Name of Director Meetings held Meetings
No. (S/Shri) during their tenure attended
la ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr
1 xkSre xqgk 13 13 1 Gautam Guha 13 13
2 iadt tSu 13 09 2 Pankaj Jain 13 09
3 foosd vxzoky 12 12 3 Vivek Aggarwal 12 12

4 latho dqekj ¯l?ky 04 04 4 Sanjeev Kumar Singhal 04 04
5 vfuy dqekj feJk 01 01 5 Anil Kumar Misra 01 01
3-2 tksf[ke izca/ku lfefr 3.2 Risk Management Committee
tksf[ke izca/ku lfefr ¼vkj,elh½ dk xBu tksf[ke izca/ku ij Risk Management Committee (RMC) has been constituted
Hkk-fj-cSa- i=k la- MhchvksMh la- chih&520@21-04-103@2002&03 as per RBI letter DBOD No. BP-520/21.04.103/2002-03 dated
12.10.2002 on risk management, RBI Notification No. RBI/2021-
fnukad 12-10-2002 ,oa vkjchvkbZ@2021&22@24 Mhvksvkj- thvksoh- 22/24 DOR.GOV.REC.8/29.67.001/2021-22 dated 26.04.2021
vkjbZlh-8@29-67-001@2021&22 fnukad 26-04-2021 vkSj lsch and Regulation 21 of SEBI (LODR) Regulations 2015. The
¼,yvksMhvkj½ fofu;ekoyh] 2015 ds fofu;e 21 ds vuqlkj fd;k x;k Committee has the overall responsibility of managing entire
gSA _.k] cktkj vkSj ifjpkyu tksf[ke] tksf[ke ,dhdj.k] loksZÙke risk of the Bank, devising suitable risk management policy
tksf[ke izca/ku izFkkvksa ds dk;kZUo;u vkSj cSad dh fofHkUUk tksf[ke including credit, market and operational risks, risk integration,
lhek,a LFkkfir djus rFkk cSad ds lkbcj lqj{kk dh leh{kk djus lfgr implementation of best risk management practices, setting up
cSad ds laiw.kZ tksf[ke ds izca/ku uhfr rS;kj djus dh laiw.kZ ftEesnkjh various risk limits and review of the cyber security of the Bank.
lfefr ds ikl gSA
Ø-la- funs'kd dk uke ¼Jh@Jherh½ Sr. No. Name of the Director (Shri/Smt.)
1 latho dqekj ¯l?ky va'kdkfyd xSj&ljdkjh funs'kd] 1 Sanjeev Kumar Part Time Non-Official
v/;{k Singhal Director, Chairman
2 vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd 2 Atul Kumar Goel MD & CEO, Member
vf/kdkjh] lnL;
3 Vijay Dube Executive Director, Member
3 fot; nqcs dk;Zikyd funs'kd] lnL;
4 Gautam Guha Shareholder Director, Member
4 xkSre xqgk 'ks;j/kkjd funs'kd] lnL;
5 MkW- js[kk tSu 'ks;j/kkjd funs'kd] lnL; 5 Dr. Rekha Jain Shareholder Director, Member
Dr. Rekha Jain was made Chairperson of the Committee w.e.f.

MkW js[kk tSu dks fnukad 12-09-2021 dks MkW vk'kk HkaMkjdj ds LFkku ij 12.09.2021 in place of Dr. Asha Bhandarker. Subsequently, Shri
lfefr dk v/;{k cuk;k x;k FkkA blds ckn] Jh latho dqekj ¯l?ky Sanjeev Kumar Singhal was made Chairman of the Committee
dks fnukad 29-12-2021 dks ¼dkjksckj le; ds ckn½ MkW- js[kk tSu] tks w.e.f. 29.12.2021 (After Business Hours) in place of Dr. Rekha Jain
lfefr dh lnL; cuh gqbZ gSa] ds LFkku ij lfefr dk v/;{k cuk;k x;k who continues as member of the Committee. Shri Atul Kumar
FkkA Jh vrqy dqekj xks;y dks fnukad 01-02-2022 ls Jh lh,p- ,l- Goel was made member of the Committee w.e.f. 01.02.2022 in
,l- efYydktqZu jko ds LFkku ij lfefr dk lnL; cuk;k x;k FkkA place of Shri CH S.S. Mallikarjuna Rao.
129
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa dk fooj.k% Details of meetings held during the financial year:
Total No. of No of Directors

Ø- cSBd dh lfefr ds funs'kdksa cSBd esa mifLFkr gq, Sr. Date of
Directors of the Present in the
la- frfFk dh dqy la[;k funs'kdksa dh la[;k No. Meeting
Committee Meeting
1. 30-06-2021 4 4 1. 30.06.2021 4 4
2. 26-08-2021 4 4 2. 26.08.2021 4 4
3. 22-11-2021 4 4 3. 22.11.2021 4 4
4. 24-02-2022 5 5 4. 24.02.2022 5 5
5. 28-03-2022 5 4 5. 28.03.2022 5 4
la- ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr No. (Shri/Smt.) during their tenure attended
1. Dr. Asha 02 02
1- MkW- vk'kk HkaMkjdj 02 02
Bhandarker
2- latho dqekj fla?ky 02 02 2. Sanjeev Kumar 02 02
3- lh,p- ,l- ,l- 03 03 Singhal
efYydktqZu jko 3. CH. S. S. 03 03
Mallikarjuna Rao
4- vrqy dqekj xks;y 02 02
4. Atul Kumar Goel 02 02
5- fot; nqcs 05 05
5. Vijay Dube 05 05
6- xkSre xqgk 05 05
6. Gautam Guha 05 05
7- MkW- js[kk tSu 03 02 7. Dr. Rekha Jain 03 02
3-3 fgr/kkjdksa dh laca/k lfefr 3.3 Stakeholders’ Relationship Committee
lsch ¼,yvksMhvkj½ fofu;ekoyh] 2015 ds fofu;e 20 vkSj iatkc The Committee has been constituted in terms of Regulation
20 of SEBI (LODR) Regulations, 2015 and Punjab National
uS'kuy cSad ¼'ks;j vkSj cSBdsa½ fofu;ekoyh] 2000 dh 'krkZuqlkj lfefr
Bank (Shares & Meetings) Regulations, 2000. The Role of the
dk xBu fd;k x;k gSA lfefr dh Hkwfedk esa 'kkfey gSa% Committee includes:
• cSad ds 'ks;j/kkjdksa vkSj vU; lqj{kk /kkjdksa dh f'kdk;rksa dk  Monitoring the grievances of the shareholders and other
lekèkku] ftlesa 'ks;jksa ds [email protected]] ok£"kd fjiksVZ izkIr u security holders of the Bank including requests/complaints
gksuk] ?kksf"kr ykHkka'k dh izkfIr u gksuk] u,@MqIyhdsV izek.ki=k related to transfer/transmission of shares, non-receipt of
tkjh djuk] vke cSBdsa vkfn ls lacaf/kr vuqjks/k@f'kdk;rsa 'kkfey annual report, non-receipt of declared dividends, issue of
new/duplicate certificates, general meetings etc.
gSaA
• 'ks;j/kkjdksa }kjk ernku vf/kdkjksa ds izHkkoh iz;ksx ds fy, fd,  Reviewing the measures taken for effective exercise of
x, mik;ksa dh leh{kkA voting rights by shareholders.
• jftLVªkj vkSj 'ks;j varj.k izfrfuf/k }kjk iznku dh tk jgh fofHkUUk  Reviewing the adherence to the service standards adopted
lsokvksa ds laca/k esa cSad }kjk viuk, x, lsok ekudksa ds ikyu dh by the Bank in respect of various services being rendered
leh{kkA by the Registrar & Share Transfer Agent.
• vnkoh ykHkka'k dh ek=kk dks de djus vkSj cSad ds 'ks;j/kkjdksa  Reviewing the various measures and initiatives taken
}kjk ykHkka'k okjaV@ok£"kd fjiksVZ@lkafof/kd uksfVl dh le; ij by the Bank for reducing the quantum of unclaimed
dividend and ensuring timely receipt of dividend warrants/
izkfIr lqfuf'Pkr djus ds fy, cSad }kjk fd, x, fofHkUUk mik;ksa
annual reports/statutory notices by the shareholders of
vkSj igyksa dh leh{kkA the Bank.
130
31-03-2022 dh fLFkfr ds vuqlkj lajpuk% Composition of the Committee as on 31.03.2022:
Ø- la- funs'kd dk uke ¼Jh@Jherh½ Sr. No. Name of the Director (Shri/Smt.)
1 MkW- js[kk tSu 'ks;j/kkjd funs'kd] v/;{k 1 Dr. Rekha Jain Shareholder Director, Chairperson
2 vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd 2 Atul Kumar Goel MD & CEO, Member
vf/kdkjh] lnL;
3 lat; dqekj dk;Zikyd funs'kd] lnL; 3 Sanjay Kumar Executive Director, Member
4 iadt tks'kh va'kdkfyd xSj&ljdkjh funs'kd] 4 Pankaj Joshi Part Time Non-Official Director,
lnL; Member
Jh lat; dqekj dks fnukad 01-05-2021 ls Jh ,-ds- vktkn ds LFkku Shri Sanjay Kumar was made member of the Committee w.e.f.
ij lfefr dk lnL; cuk;k x;k FkkA MkW- vk'kk HkaMkjdj dk dk;Zdky 01.05.2021 in place of Shri A. K. Azad. Dr. Asha Bhandarker
fnukad 11-09-2021 ds lekIr gqvkA fnukad 29-12-2021 ls ¼dkjksckj ceased to be member of the Committee w.e.f. 11.09.2021.
Dr Rekha Jain was made Chairperson of the Committee and
le; ds ckn½ MkW- js[kk tSu dks lfefr dk v/;{k cuk;k x;k vkSj Jh Shri Pankaj Joshi was made member of the Committee w.e.f.
iadt tks'kh dks lfefr dk lnL; cuk;k x;kA Jh lh,p-,l-,l- 29.12.2021 (After Business Hours). Shri Atul Kumar Goel was
efYydktqZu jko ds LFkku ij fnukad 01-02-2022 ls Jh vrqy dqekj made member of the Committee in place of Shri CH S. S.
xks;y dks lfefr dk lnL; cuk;k x;kA Mallikarjuna Rao w.e.f. 01.02.2022.
cSBd dh vko`fÙk ok£"kd gS ;k tc Hkh vko';drk gksA The frequency of the meeting is annual or as and when required.
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa ds fooj.k% Details of meeting held during the financial year:
Ø- cSBd dh lfefr ds funs'kdksa cSBd esa mifLFkr Total No. of No of Directors

Sr. Date of
Directors of the Present in the
la- frfFk dh dqy la- funs'kdksa dh la- No. Meeting
Committee Meeting
1 29-07-2021 03 03 1. 29.07.2021 03 03
Dr. Asha
1- MkW- vk'kk HkaMkjdj 01 01 1 01 01
Bhandarker
2- lh,p- ,l-,l- 01 01 CH. S. S.
2 01 01
efYydktqZu jko Mallikarjuna Rao
3- ,-ds- vkt+kn 'kwU; 'kwU; 3 A. K. Azad Nil Nil
4- lat; dqekj 01 01 4 Sanjay Kumar 01 01
5- MkW- js[kk tSu 'kwU; 'kwU; 5 Dr. Rekha Jain Nil Nil
6- vrqy dqekj xks;y 'kwU; 'kwU; 6 Atul Kumar Goel Nil Nil
7- iadt tks'kh 'kwU; 'kwU; 7 Pankaj Joshi Nil Nil
foÙkh; o"kZ ds nkSjku 'ks;j/kkjdksa ls izkIr f'kdk;rksa dh fLFkfr % Status of Shareholders’ Complaints received during the year:
o"kZ 2021&22 ds nkSjku izkIr f'kdk;rksa dh dqy la[;k & 19 Total no. of complaints received during FY 2021-22 – 19
'ks;j/kkjdksa dh larqf"V rd f'kdk;rksa dk fuiVku u & 'kwU; No. of complaints not resolved to the satisfaction – Nil
gksus dh la[;k of shareholders
fnukad 31-03-2022 dks yfEcr f'kdk;rksa dh la[;k & 'kwU; No. of complaints pending as on 31.03.2022 – Nil
lqJh ,drk iljhpk] daiuh lfpo] lsch ¼,yvksMhvkj½ fofu;ekoyh] Ms. Ekta Pasricha, Company Secretary, is the Compliance Officer
of the Bank in terms of Regulation 6 of SEBI (LODR) Regulations,
2015 ds fofu;e 6 ds vuqlkj cSad dh vuqikyu vf/kdkjh gSaA
2015.
131
3-4 ukekadu ,oa ikfjJfed lfefr 3.4 Nomination & Remuneration Committee
lfefr dk xBu vkjchvkbZ ekLVj funsZ'k fnukad 02-08-2019] The Committee has been constituted as per RBI Master
vkjchvkbZ vf/klwpuk la[;k vkjchvkbZ@2021&22@24 Mhvksvkj- Directions dated 02.08.2019, RBI Notification No. RBI/2021-
thvksoh-vkjbZlh-8@29-67-001@2021&22 fnukad 26-04-2021 vkSj lsch 22/24 DOR.GOV.REC.8/29.67.001/2021-22 dated 26.04.2021
and as required under Regulation 19 of SEBI (LODR) Regulation
¼,yvksMhvkj½ fofu;ekoyh 2015 ds fofu;e 19 ds rgr ;Fkk visf{kr
2015. The Committee is constituted for undertaking due
vuqlkj fd;k x;k gSA cSa¯dx daifu;ksa ¼miØeksa dk vtZu vkSj varj.k½ diligence to determine the “Fit and Proper" Criteria of the
vf/kfu;e] 1970 dh /kkjk 9 dh mi /kkjk 3 ds [kaM ¼i½ ds rgr funs'kd persons to be elected as Directors under clause (i) of sub
ds :i esa ukekadu izLrqr djus okys mEehnokjksa ds laca/k esa ^^mi;qDrZ section 3 of Section 9 of the Banking Companies (Acquisition
rFkk leqfpr ekunaMks** dh fLFkfr fu/kkZfjr djus ds fy, lfefr dk xBu and Transfer of Undertakings) Act, 1970. Further, Govt. of India
fd;k x;k gSA blds vykok] Hkkjr ljdkj us viuh vfèklwpuk fnukad 30- vide its Notification dated 30.08.2019 directed to constitute a
08-2019 ds ek/;e ls vkjchvkbZ ekLVj funs'k fnukad 02-08-2019 ;Fkk single Nomination and Remuneration Committee for carrying
la'kksf/kr ds }kjk fu£n"V lajpuk ds vuqlkj ukekadu vkSj ikfjJfed out the functions of both Nomination and Remuneration
lfefr nksuksa ds dk;ks± dks iwjk djus ds fy, ,d ,dy ukekadu vkSj Committee with the composition as specified by RBI vide its
ikfjJfed lfefr dk xBu djus dk funsZ'k fn;k gSA Master Directions dated 02.08.2019, as amended.
25 tuojh] 2021 dh Hkkjr ljdkj dh vf/klwpuk ds vuqlkj] cksMZ dks In terms of the Government of India Notification dated January
fdlh Hkh dk;Z ;k ckr dks djus ds fy,] ;k izfrHkwfr /kkjdksa dh f'kdk;rksa 25, 2021, the Board is empowered to exercise the powers of a
ds lek/kku ds fy,] ;k fdlh fu;qfä] vuqeksnu ;k leh{kk] ftls fof/k Committee to do any act or thing, or for resolution of grievances
of security holders by, or in respect of any appointment,
}kjk djuk visf{kr gks] ds laca/k esa lfefr dh 'kfä;ksa dk iz;ksx djus dk
approval or review, which it is required to do by law provided
vf/kdkj gS] c'krsZ cksMZ larq"V gks fd ,slh lfefr dh cSBd ds fy, dksje
Board is satisfied that quorum for meeting of such Committee
,slh lfefr esa fdlh Hkh fjfä ;k mlds lnL; ds vyx gksus ds dkj.k cannot be met on account of either existence of any vacancy in
iwjk ugha fd;k tk ldrk gSA such Committee or recusal by member thereof.
31-03-2022 dh fLFkfr vuqlkj lfefr dh lajpuk% Composition of the Committee as on 31.03.2022:
1 Pankaj Joshi Part Time Non-Official

1 iadt tks'kh va'kdkfyd xSj&ljdkjh Director, Chairman
funs'kd] v/;{k
2 Sanjeev Kumar Singhal Part Time Non-Official
2 latho dqekj ¯l?ky va'kdkfyd xSj&ljdkjh Director, Member
funs'kd] lnL;
3 Gautam Guha Shareholder Director,
3 xkSre xqgk 'ks;j/kkjd funs'kd] lnL; Member
4 MkW- js[kk tSu 'ks;j/kkjd funs'kd] lnL; 4 Dr. Rekha Jain Shareholder Director,
Member
cksMZ esa nks va'kdkfyd xSj&ljdkjh funs'kdksa dks 'kkfey djus ds The Committee became functional on December 29, 2021 after
ckn 29 fnlacj] 2021 dks lfefr dk;Z'khy gks xbZA pwafd foÙkh; o"kZ induction of two Part Time Non-Official Directors on the Board.
2021&22 ds nkSjku vk;ksftr ,d 'ks;j/kkjd funs'kd dk pquko fd;k As the process of due diligence to determine the ‘Fit & Proper’
x;k Fkk vkSj funs'kd ds :i esa pqus tkus okys O;fä;ksa dh *mi;qä status of the persons to be elected as Director was carried out
vkSj mfpr* fLFkfr fu/kkZfjr djus ds fy, leqfpr lko/kkuh izfØ;k mä by the Board in terms of the aforesaid Notification in respect of
election of one Shareholder Director held during the Financial
vfèklwpuk ds vuqlkj cksMZ }kjk dh xbZ Fkh] foÙkh; o"kZ 2021&22 ds
Year 2021-22, no meeting of the Committee was held during
nkSjku lfefr dh dksbZ cSBd ugha gqbZA Financial Year 2021-22.
132
3-5 izca/ku lfefr ¼,elh½ 3.5 Management Committee (MC)
jk"Vªh;Ñr cSadksa dh ¼izca/ku ,oa fofo/k izko/kku½ ;kstuk 1970@1980 ds The Committee has been constituted in terms of Clause 13 of
Nationalized Banks (Management and Miscellaneous Provi-
[kaM 13 ds vuqlkj lfefr xfBr dh xbZ gSA lfefr fuEufyf[kr enksa]
sions) Scheme 1970/1980. The Committee considers following
tksfd ,eMh ,oa lhbZvks@iz-dk-_.k vuqeksnu lfefr ¼,pvkslh,lh½ matters which are beyond the discretionary powers of MD &
&III ds foosdk/khu vf/kdkjksa ls ijs gSa] ij fopkj djrh gSA CEO/Head Office Credit Approval Committee (HOCAC) III: -
,- _.k izLrkoksa dh LohÑfr ¼fuf/k ,oa xSj&fuf/k vk/kkfjr½ a) Sanctioning of credit proposals (Fund based & Non-Fund
based)
ch- _.k leÖkkSrk@ cV~Vs [kkrksa ds izLrko
b) Loan compromise/write-off proposals
lh- iw¡th vkSj jktLo [kpZ ds vuqeksnukFkZ izLrko
c) Proposal for approval of capital and revenue expenditure
Mh- ifjljksa dk vf/kxzg.k ,oa fdjk, ij ysus ds izLrko ftlesa d) Proposals relating to acquisition and hiring of premises
vfèkxzg.k ,oa fdjk, ij ysus laca/kh ekunaMksa esa fopyu Hkh 'kkfey including deviation from norms for acquisition and hiring
gSA of premises
bZ- eqdnek@vihy nk;j djus ls lacaf/kr izLrko] mudk cpko djuk e) Proposals relating to filing of suits/appeals, defending
bR;kfn them etc.
,Q- ljdkjh ,oa vU; vuqeksfnr izfrHkwfr;ksa] daifu;ksa ds 'ks;jksa vkSj f) Proposals for Investments in Government and other
_.k i=kksa esa fuos'k ,oa gkehnkjh vadu dk izLrko approved securities, shares and debentures of companies
including underwriting
th- nku ls lacaf/kr izLrko
g) Proposals relating to Donations
,p- funs'kd eaMy }kjk lan£Hkr dksbZ vU; ekeyk h) Any other matter referred by the Board.
31-03-2022 dh fLFkfr vuqlkj lfefr dh lajpuk % Composition of the Committee as on 31.03.2022:
1 vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd 1 Atul Kumar Goel MD & CEO, Chairman
vf/kdkjh] v/;{k
2 2 Sanjay Kumar Executive Director, Member
lat; dqekj dk;Zikyd funs'kd] lnL;
4 Swarup Kumar Saha Executive Director, Member
4 Lo:i dqekj lkgk dk;Zikyd funs'kd] lnL;
5 Kalyan Kumar Executive Director, Member
5 dY;k.k dqekj dk;Zikyd funs'kd] lnL; 6 Anil Kumar Misra RBI Nominee Director,
6 Member
vfuy dqekj feJk Hkk-fj-cS- ds ukfefr funs'kd] lnL;
7 iadt tks'kh va'kdkfyd xSj&ljdkjh funs'kd] Director, Member
lnL;
8 Dr. Rekha Jain Shareholder Director,
8 MkW- js[kk tSu 'ks;j/kkjd funs'kd] lnL; Member
MkW- js[kk tSu dks fnukad 12-09-2021 ls MkW- vk'kk HkaMkjdj ds LFkku Dr. Rekha Jain was made member of the Committee w.e.f.
12.09.2021 in place of Dr. Asha Bhandarker. Shri Kalyan Kumar
ij lfefr dk lnL; cuk;k x;k FkkA Jh dY;k.k dqekj dks fnukad was made member of the Committee w.e.f. 21.10.2021.
21-10-2021 ls lfefr dk lnL; cuk;k x;k FkkA Jh iadt tks'kh dks Shri Pankaj Joshi was made member of the Committee w.e.f.
29-12-2021 ls ¼dkjksckj le; ds ckn½ lfefr dk lnL; cuk;k x;k 29.12.2021 (After Business Hours). Shri Atul Kumar Goel was
FkkA Jh vrqy dqekj xks;y dks fnukad 01-02-2022 ls lfefr dk v/;{k made Chairman of the Committee w.e.f. 01.02.2022. Shri
cuk;k x;k FkkA Jh vfuy dqekj feJk dks fnukad 28-02-2022 ls Jh Anil Kumar Misra was made member of the Committee w.e.f.
foosd vxzoky ds LFkku ij lfefr dk lnL; cuk;k x;k FkkA 28.02.2022 in place of Shri Vivek Aggarwal.
133
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa dk fooj.k% Details of Meetings held during the financial year:
No. of Meetings held: 22
vk;ksftr cSBdksa dh la[;k% 22
Dates of Meetings:
cSBdksa dh frfFk%
19.04.2021 18.05.2021 07.06.2021 21.06.2021 29.06.2021 19.04.2021 18.05.2021 07.06.2021 21.06.2021 29.06.2021
16.07.2021 30.07.2021 13.08.2021 30.08.2021 10.09.2021 16.07.2021 30.07.2021 13.08.2021 30.08.2021 10.09.2021
20.09.2021 28.09.2021 20.10.2021 08.11.2021 26.11.2021 20.09.2021 28.09.2021 20.10.2021 08.11.2021 26.11.2021
10.12.2021 29.12.2021 18.01.2022 04.02.2022 24.02.2022 10.12.2021 29.12.2021 18.01.2022 04.02.2022 24.02.2022
16.03.2022 28.03.2022 16.03.2022 28.03.2022
No. of Meetings attended by Member- Directors during the
fofÙk; o"kZ ds nkSjku lnL; funs'kdksa }kjk cSBdksa esa mifLFkfr
Financial Year:
dh la[;k%
No. (Shri/Smt.) during their tenure attended
la- ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr
1 CH. S. S. 18 18
1- lh,p- ,l- ,l- 18 18
Mallikarjuna Rao
efYydktqZu jko
2- vrqy dqekj xks;y 04 04 2 Atul Kumar Goel 04 04
4- fot; nqcs 22 22 4 Vijay Dube 22 22
5- Lo:i dqekj lkgk 22 20 5 Swarup Kumar Saha 22 20
6- dY;k.k dqekj 09 09 6 Kalyan Kumar 09 09
7- foosd vxzoky 20 20 7 Vivek Aggarwal 20 20
8- vfuy dqekj feJk 02 02 8 Anil Kumar Misra 02 02
9- iadt tks'kh 05 05 9 Pankaj Joshi 05 05
10- MkW- vk'kk HkaMkjdj 10 09 10 Dr. Asha Bhandarker 10 09
11- MkW- js[kk tSu 12 12 11 Dr. Rekha Jain 12 12
3-6 iz/kku dk;kZy; _.k vuqeksnu lfefr ¼Lrj &III½ ¼iz-dk-_- 3.6 The Head Office Credit Approval Committee (Level – III)
v-l&III½ (HOCAC- III)
The HO Credit Approval Committee Level III has been
iz-dk- _.k vuqeksnu lfefr Lrj AAA dk xBu] jk"Vªh;Ñr cSadksa ¼izca/ku
constituted in terms of the Nationalized Banks (Management
vkSj fofo/k izko/kku½ ;kstuk 1970 vkSj foÙkh; lsok,a foHkkx ¼Mh,Q,l½] and Miscellaneous Provisions) Scheme, 1970 and Department of
foÙk ea=kky; ¼,evks,Q½] dh vf/klwpuk la[;k 13@1@2006 fnukad Financial Services (DFS), Ministry of Finance (MoF) Notification
05-12-2011 ds vuqlkj fd;k x;k gSA No.13/1/2006 dated 05.12.2011.
lfefr vkB lkS djksM+ #i;s rd ds _.k izLrkoksa ij fopkj djrh gS] The Committee considers the credit proposals of up to Rupees
;fn cSad dk dqy dkjksckj nl yk[k djksM+ #i;s ¼gekjs cSad ij ykxw½ Eight Hundred Crore, in case of Banks having total business of
ls vf/kd dk gSA ;g lfefr ,eMh ,oa lhbZvks dh iwoZ esa fufgr 'kfä;ksa more than Rupees Ten Lakh Crore (applicable to our Bank). The
dh lhek rd vksVh,l@leÖkkSrk@cV~Vk [kkrk izLrkoksa ij Hkh fopkj Committee also considers OTS/Compromise/Write off proposals
to the extent of powers earlier vested with MD & CEO.
djrh gSA
134
Ø-la- funs'kd dk uke ¼Jh@Jherh½ Sr.No. Name of the Director (S/Shri)

1 Atul Kumar Goel MD & CEO,
1- vrqy dqekj xks;y izca/k funs'kd ,oa eq[; Chairman
dk;Zikyd vf/kdkjh] v/;{k
2 Sanjay Kumar Executive
2- lat; dqekj dk;Zikyd funs'kd] lnL; Director, Member
3 Vijay Dube Executive
3- fot; nqcs dk;Zikyd funs'kd] lnL; Director, Member
4- Lo:i dqekj lkgk dk;Zikyd funs'kd] lnL; 4 Swarup Kumar Saha Executive
Director, Member
5- dY;k.k dqekj dk;Zikyd funs'kd] lnL;
5 Kalyan Kumar Executive
6- eq[; egkizca/kd@ lnL; Director, Member
egkizcaèkd ¼_.k½ 6 Chief General Manager/ General Member
7- eq[; egkizcaèkd@ lnL; Manager (Credit)
egkizcaèkd ¼foÙk½ 7 Chief General Manager/ General Member
Manager (Finance)
8- eq[; egkizca/kd@ lnL;
8 Chief General Manager/ General Member
egkizcaèkd ¼tksf[ke izcaèku½ Manager (Risk Management)
Jh dY;k.k dqekj fnukad 21-10-2021 ls lfefr ds lnL; cusA Shri Kalyan Kumar was made member of the Committee w.e.f.
Jh vrqy dqekj xks;y fnukad 01-02-2022 ls Jh lh,p- ,l- ,l- 21.10.2021. Shri Atul Kumar Goel was made Chairman of the
efYydktqZu jko ds LFkku ij lfefr ds v/;{k cusA Committee w.e.f. 01.02.2022 in place of Shri CH S.S. Mallikarjuna
Rao.
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa dk fooj.k%
Details of meetings held during the financial year:
vk;ksftr cSBdksa dh la[;k% 26 No. of Meetings held: 26
cSBdksa dh frfFk% Dates of Meetings:
12.05.2021 09.06.2021 23.06.2021 13.07.2021 12.05.2021 09.06.2021 23.06.2021 13.07.2021

22.07.2021 03.08.2021 13.08.2021 27.08.2021 22.07.2021 03.08.2021 13.08.2021 27.08.2021
07.09.2021 20.09.2021 28.09.2021 12.10.2021 07.09.2021 20.09.2021 28.09.2021 12.10.2021
26.10.2021 16.11.2021 06.12.2021 29.12.2021 26.10.2021 16.11.2021 06.12.2021 29.12.2021
14.01.2022 02.02.2022 09.02.2022 16.02.2022 14.01.2022 02.02.2022 09.02.2022 16.02.2022
23.02.2022 09.03.2022 11.03.2022 16.03.2022 23.02.2022 09.03.2022 11.03.2022 16.03.2022
23.03.2022 30.03.2022 23.03.2022 30.03.2022
foÙkh; o"kZ ds nkSjku lnL;&funs'kdksa }kjk cSBdksa esa Hkkx ysus No. of Meetings attended by Member-Directors during the
la- ¼Jh@Jherh½ vk;ksftr cSBdas mifLFkfr No. (S/Shri) during their tenure attended
1- lh,p- ,l- ,l- 17 17 1. CH. S. S. Mallikarjuna 17 17
efYydktqZu jko Rao
2- vrqy dqekj xks;y 09 09 2. Atul Kumar Goel 09 09

3- lat; dqekj 26 26 3. Sanjay Kumar 26 26
4- fot; nqcs 26 26 4. Vijay Dube 26 26
5- Lo:i dqekj lkgk 26 21 5. Swarup Kumar Saha 26 21
6- dY;k.k dqekj 14 14 6. Kalyan Kumar 14 14
135
3-7 olwyh esa izxfr dh fuxjkuh djus ds fy, cksMZ dh fo'ks"k 3.7 Special Committee of the Board to monitor the progress
lfefr of Recovery
lfefr dk xBu foÙkh; lsok,a foHkkx] foÙk ea=kky; i=k ,Q-la- The Committee has been constituted in terms of DFS, MoF letter
F.No.7/112/2012-BOA dated 21.11.2012 and F.No.7/2/2015-
7@112@2012&chvks, fnukad% 21-11-2012 vkSj ,Q-la 7@2@2015&
Recovery dated 01.01.2016 to:
olwyh fnukad 01-01-2016 ds vuqlkj fd;k x;k gS%
 Review the ways and strategies to improve NPA
• olwyh esa rsth ykus gsrq ,uih, izca/ku dks lq/kkjus vkSj fofHkUUk Vwyksa management and effective utilization of various tools to
ds izHkkoh mi;ksx gsrq rjhdksa vkSj j.kuhfr;ksa dh leh{kk djukA expedite recovery.
• foosd lEer cV~Vs [kkrksa lfgr ,uih, olwyh esa gqbZ izxfr dh  Monitor the progress of recovery in NPAs including
fuxjkuhA prudential written-off accounts.
 Review the status of cases/RCs pending at DRTs/DRATs.
• MhvkjVh@Mhvkj,Vh ij yafcr ekeyksa@vkjlh dh fLFkfr dh
leh{kkA
• ØsfMV fuxjkuh ra=k vkSj vfu;fer@detksj [kkrksa dh fLFkfr  Review the credit monitoring mechanism and status of
irregular/weak accounts and the measures taken for
vkSj ,uih, dh jksdFkke ds fy, fd, x, mik;ksa dh leh{kk
prevention of NPAs.
djukA
Ø-la- funs'kd dk uke ¼Jh@Jherh½ Sr. No. Name of the Director (S/Shri)
1- vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd 1. Atul Kumar Goel MD & CEO, Chairman
vf/kdkjh] v/;{k 2. Sanjay Kumar Executive Director, Member
2- lat; dqekj dk;Zikyd funs'kd] lnL; 3. Vijay Dube Executive Director, Member
3- fot; nqcs dk;Zikyd funs'kd] lnL; 4. Swarup Kumar Saha Executive Director, Member
4- Lo:i dqekj lkgk dk;Zikyd funs'kd] lnL; 5. Kalyan Kumar Executive Director, Member
5- dY;k.k dqekj dk;Zikyd funs'kd] lnL; 6. Sanjeev Kumar Part Time Non-Official
6- latho dqekj ¯l?ky va'kdkfyd xSj&ljdkjh funs'kd] Singhal Director, Member
lnL; 7. Gautam Guha Shareholder Director,
7- xkSre xqgk 'ks;j/kkjd funs'kd] lnL; Member
Jh dY;k.k dqekj fnukad 21-10-2021 ls lfefr ds lnL; cusA Jh Shri Kalyan Kumar was made member of the Committee w.e.f.
latho dqekj ¯l?ky fnukad 29-12-2021¼dkjksckj le; ds ckn½ ls 21.10.2021. Shri Sanjeev Kumar Singhal was made member of
lfefr ds lnL; cusA Jh lh,p- ,l- ,l- efYydktqZu jko ds LFkku the Committee w.e.f. 29.12.2021 (after business hours). Shri
Atul Kumar Goel was made Chairman of the Committee w.e.f.
ij Jh vrqy dqekj xks;y fnukad 01-02-2022 ls lfefr ds v/;{k cusA 01.02.2022 in place of Shri CH S.S. Mallikarjuna Rao.
cSBd dh frfFk;ka % 21-06-2021] 26-08-2021] 22-11-2021] Dates of Meetings: 21.06.2021, 26.08.2021, 22.11.2021,
28-03-2022 28.03.2022.
foÙkh; o"kZ ds nkSjku lnL; & funs'kdksa }kjk cSBdksa esa Hkkx ysus No. of meetings attended by Member-Directors during the
1- lh,p- ,l- ,l- 03 03 1. CH. S. S. 03 03

136
6. Kalyan Kumar 02 02
6- dY;k.k dqekj 02 02
7. Sanjeev Kumar 01 01
7- latho dqekj ¯l?ky 01 01 Singhal
8- xkSre xqgk 04 04 8. Gautam Guha 04 04
3-8 bjknru pwddrkZvksa vkSj vlg;ksxh m/kkjdÙkkZvksa ds 3.8 Committee for Review of identification of Wilful
oxhZdj.k dh igpku dh leh{kk ds fy, lfefr Defaulters and Non Cooperative Borrowers Classification
laf{kIr fooj.k vkSj fopkjkFkZ fo"k; % Brief description and terms of reference:
lfefr dk xBu Hkkjrh; fjtoZ cSad ds ekLVj ifji=k la[;k The Committee has been constituted in terms of RBI Master
Circular dated 01.07.2014 and letter dated 07.01.2015 to
01-07-2014 vkSj i=k fnukad% 07-01-2015 ds vuqlkj lfefr vkns'kksa
review the orders of the Committee which has identified willful
dh leh{kk djus gsrq fd;k x;k gS] ftlesa bjknru pwddrkZvksa dh defaulters. Further, in terms of RBI notification no. DBR.No.CID.
igpku dh xbZ gSA blds vykok] vkjchvkbZ vf/klwpuk la- Mhchvkj BC.54/20.16.064/2014-15 dated 22.12.2014, it also reviews
la- lhvkbZMh-chlh-54@20-16-064@2014&15 fnukad% 22-12-2014 ds the decision of ‘Non-Cooperative Borrower Classification
vuqlkj ;g Þvlg;ksxh m/kkjdrkZ oxhZdj.k lfefrÞ ds fu.kZ; dh Hkh Committee’.
leh{kk djrh gSA
,Q-la- 16@19@2019&chvks-I fnukad 19 uoacj] 2019 ds ek/;e ls As per, DFS Guidelines vide F.No. 16/19/2019-BO.I dated 19th
Mh,Q,l ds fn'kkfuns'Z kksa vuqlkj nks vyx&vyx lfefr;ksa vlg;ksxh m/ November 2019, in place of two separate committees of Non-
Cooperative Borrower Classification Committee and Committee
kkjdrkZ oxhZdj.k lfefr vkSj bjknru pwddrkZvksa dh igpku dh leh{kk ds for review of identification of Wilful Defaulters, a single
fy, lfefr] ds LFkku ij ,d ,dy lfefr dk xBu fd;k x;k gSA committee was constituted.
Ø-la- funs'kd dk uke ¼Jh@Jherh½ S. No. Name of the Director (S/Shri)

1 vrqy dqekj xks;y izca/kd funs'kd ,oa eq[;
1 Atul Kumar Goel MD & CEO, Chairman
dk;Zikyd vf/kdkjh] v/;{k
lnL;
3 Sanjeev Kumar Singhal Part Time Non-Official
3 latho dqekj ¯l?ky va'kdkfyd xSj&ljdkjh funs'kd]
Director, Member
lnL;
4 xkSre xqgk 'ks;j/kkjd funs'kd] lnL; 4 Gautam Guha Shareholder Director,

Member
MkW- vk'kk HkaMkjdj ds LFkku ij MkW- js[kk tSu fnukad 12-09-2021 ls Dr. Rekha Jain was made member of the Committee w.e.f.
lfefr dh lnL; cuhA MkW- js[kk tSu ds LFkku ij iadt tks'kh fnukad 12.09.2021 in place of Dr. Asha Bhandarker. Shri Pankaj Joshi
was made member of the Committee w.e.f. 29.12.2021 (after
29-12-2021 ¼dkjksckj le; ds ckn½ ls lfefr ds lnL; cusA Jh latho
business hours) in place of Dr. Rekha Jain. Shri Sanjeev Kumar
dqekj ¯l?ky fnukad 29-12-2021¼dkjksckj le; ds ckn½ ls lfefr ds Singhal was made member of the Committee w.e.f. 29.12.2021
lnL; cusA Jh lh,p- ,l- ,l- efYydktqZu jko ds LFkku ij Jh vrqy (after business hours). Shri Atul Kumar Goel was made Chairman
dqekj xks;y fnukad 01-02-2022 ls lfefr ds v/;{k cusA of the Committee w.e.f. 01.02.2022 in place of Shri CH S.S.
Mallikarjuna Rao.
137
vk;ksftr cSBdksa dh la[;k % 04 No. of Meetings held: 04
cSBdksa dh frfFk;ka % 21-06-2021] 10-12-2021] 29-12-2021] 18-01- Dates of Meetings: 21.06.2021, 10.12.2021, 29.12.2021,
2022- 18.01.2022.
Ø- funs'kd dk uke muds dk;Zdky esa cSBdksa esa Meetings

Sr. Name of Director Meetings
la- ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr held during
No. (Shri/Smt.) attended
their tenure
lh,p- ,l- ,l-
1- 04 04
efYydktqZu jko 1. CH. S. S. Mallikarjuna 04 04
vrqy dqekj Rao
2- 'kwU; 'kwU;
xks;y 2. Atul Kumar Goel Nil Nil
MkW- vk'kk
3- 01 01 3. Dr. Asha Bhandarker 01 01
HkaMkjdj
4- iadt tks'kh 01 01 4. Pankaj Joshi 01 01
latho dqekj 5. Sanjeev Kumar Singhal 01 01

5- 01 01
fla?ky 6. Gautam Guha 04 04
6- xkSre xqgk 04 04
7. Dr. Rekha Jain 02 02
7- MkW- js[kk tSu 02 02
3-9 #- 1-00 djksM+ vkSj mlls vf/kd ds /kks[kk/kM+h ds ekeyksa 3.9 Special Committee of the Board to monitor and follow up
dh fuxjkuh vkSj vuqorhZ dkjZokbZ gsrq cksMZ dh fo'ks"k Fraud Cases involving Rs. 1.00 crore and above
lfefr
lfefr dk xBu Hkkjrh; fjtoZ cSad i=k la[;k vkjchvkbZ@2004-15 The Committee has been constituted in terms of RBI Notification
Mhch,l-,Qthoh ¼,Q½ la-@1004@23-04-01,@2003&04 fnukad no. RBI/2004.15 DBS.FGV(F) No./1004/23.04.01A/2003-04
14-01-2004 ds vuqlkj #-1-00 djksM+ rFkk blls vf/kd ds /kks[kk/kM+h ds dated 14.01.2004 for monitoring and reviewing all fraud cases
ekeyksa] lfgr jkf'k ij fopkj fd, fcuk lkbcj /kks[kk/kM+h dh fuxjkuh of Rs. 1.00 crore and above, as well as cyber frauds irrespective
rFkk leh{kk gsrq fd;k x;k gS] rkfd% of the amount, so as to:
 iz.kkyhxr =kqfV;ksa dh igpku vkSj mUgsa nwj djus ds fy, mik;  Identify the systemic lacunae and put in place measures to
izLrqr fd, tk,aA plug the same.
 lhchvkbZ@iqfyl tkap dh izxfr] olwyh ,oa LVkQ nkf;Ro dh  Monitor progress of CBI/Police investigation, recovery &
fuxjkuhA staff accountability.
 /kks[kk/kM+h dh iqujko`fÙk dks jksdus ds fy, mBk, x, lq/kkjkRed  Review the efficacy of the remedial action taken to prevent
d+neksa dh izHkko'khyrk dh leh{kkA recurrence of frauds.
 fuokjd ra=k dks etcwr djus ds fy, izklafxd leÖks tkus okys  Put in place other measures as may be considered relevant
vU; mik;ksa dks izLrqr djukA to strengthen the preventive mechanism.

1- vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd 1. Atul Kumar Goel MD & CEO,
vf/kdkjh] v/;{k Chairman
2- lat; dqekj dk;Zikyd funs'kd] lnL; 2. Sanjay Kumar Executive Director, Member
138
3- fot; nqcs dk;Zikyd funs'kd] lnL; 3. Vijay Dube Executive Director, Member
4. Swarup Kumar Saha Executive Director, Member
4- Lo:i dqekj lkgk dk;Zikyd funs'kd] lnL;
5. Kalyan Kumar Executive Director, Member
5- dY;k.k dqekj dk;Zikyd funs'kd] lnL; 6. Pankaj Jain Govt. Nominee Director,
6- iadt tSu ljdkj }kjk ukfer funs'kd] lnL; Member
7. Sanjeev Kumar Part Time Non-Official
7- latho dqekj fla?ky va'kdkfyd xSj&ljdkjh funs'kd] Singhal Director, Member
lnL;
8. Gautam Guha Shareholder Director,
8- xkSre xqgk 'ks;j/kkjd funs'kd] lnL; Member
21.10.2021. Shri Sanjeev Kumar Singhal was made member of
latho dqekj ¯l?ky fnukad 29-12-2021 ¼dkjksckj le; ds ckn½ ls
the Committee w.e.f. 29.12.2021 (after business hours). Shri
lfefr ds lnL; cusA Jh lh,p- ,l- ,l- efYydktqZu jko ds LFkku Atul Kumar Goel was made Chairman of the Committee w.e.f.
ij Jh vrqy dqekj xks;y fnukad 01-02-2022 ls lfefr ds v/;{k cusA 01.02.2022 in place of Shri CH S.S. Mallikarjuna Rao.
cSBd dh frfFk;k¡% 25-06-2021] 29-09-2021] 25-11-2021] 30-12-2021] Dates of Meetings: 25.06.2021, 29.09.2021, 25.11.2021,
24-02-2022] 29-03-2022 30.12.2021, 24.02.2022, 29.03.2022
Ø- funs'kd dk uke muds dk;Zdky esa cSBdksa esa Meetings held

Sr. Name of Director Meetings
la- ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr during their
No. (S/Shri) attended
tenure
1- lh,p- ,l- ,l- 04 04
1. CH. S. S. Mallikarjuna Rao 04 04
efYydktqZu jko
3. Sanjay Kumar 06 06
3- lat; dqekj 06 06
4. Vijay Dube 06 06
4- fot; nqcs 06 06
5. Swarup Kumar Saha 06 06
5- Lo:i dqekj lkgk 06 06
7. Pankaj Jain 06 02
7- iadt tSu 06 02
8. Sanjeev Kumar Singhal 03 03
8- latho dqekj ¯l?ky 03 03
9. Gautam Guha 06 06
9- xkSre xqgk 06 06
3-10 lwpuk izkS|ksfxdh dk;Zuhfr lfefr% 3.10 I.T. Strategy Committee
lfefr dk xBu vkjchvkbZ ds ifji=k la- vkjchvkbZ@2010&11@494@ The Committee has been constituted as per RBI Circular No.
RBI/2010-11/494/DBS.CO.ITC.BC.No.6/31.02.008/2010-11
Mhch,l-lhvks-vkbZVhlh-chlh-la-6@31-02-008@2010&11 fnukafdr
dated 29.04.2011. The broad functions of the IT Strategy
29-04-2011 ds vuqlkj fd;k x;k gSA cksMZ dh lwpuk izkS|ksfxdh lfefr Committee of the Board are:
ds eq[; dk;Z bl izdkj gSa%
 lwpuk izkS|ksfxdh dk;Zuhfr vkSj uhfr nLrkost+ dk vuqeksnuA  Approving IT Strategy and policy document.
139
 ;g lqfuf'Pkr djuk fd izca/ku us ,d izHkkoh dk;Zuhfr ;kstuk  Ensuring that the Management has put an effective
izfØ;k dks ykxw fd;k gSA strategic planning process in place.
 izekf.kr djuk fd dkjksckj dk;Zuhfr lwpuk izkS|ksfxdh dk;Zuhfr  Reviewing that the business strategy is indeed aligned with
IT strategy.
ds lkFk okLrfod :i ls lEc) gSA
 ;g lqfuf'Pkr djuk fd vkbZVh laxBu lajpuk dkjksckj ekWMy  Ensuring that the IT Organization structure complements
the business model and its direction.
vkSj mldh fn'kk dk iwjd gSA
 ;g lqfuf'Pkr djuk fd izca/ku us ,slh izfØ;kvksa vkSj izFkkvksa dks  Ascertaining that Management has implemented
ykxw fd;k gS tks ;g lqfuf'Pkr djrh gSa fd vkbZVh dkjksckj esa processes and practices that ensure that IT delivers value
to the business.
;ksxnku iznku djrh gSA
 lqfuf'Pkr djuk fd vkbZVh ctV esa fn, x, vkbZVh fuos'k Lohdk;Z  Ensuring IT investments represented in the IT budgets are
acceptable.
gSaA
 lkefjd y{;ksa dks izkIr djus ds fy, vko';d vkbZVh lalk/kuksa  Monitoring the method that Management uses to
dks fu/kkZfjr djus vkSj vkbZVh lalk/kuksa dh lks²lx vkSj mi;ksx ds determine the IT resources needed to achieve strategic
goals and provide high-level direction for sourcing and use
fy, mPp&Lrjh; ekxZn'kZu iznku djus ds fy, izca/ku }kjk iz;qä of IT resources.
i)fr dh fuxjkuh djukA
 Ensuring proper balance of IT investments for sustained
 cSad ds lrr fodkl ds fy, vkbZVh fuos'k dk mfpr larqyu
growth of the Bank.
lqfuf'Pkr djukA
 Being aware about exposure towards IT risks and controls
 vkbZVh tksf[keksa ,oa fu;a=k.kksa ds ,Dlikst+j ds ckjs esa tkx:d
and evaluating effectiveness of Management’s monitoring
djuk vkSj vkbZVh tksf[keksa ds izca/ku dh fuxjkuh dk izHkkoh of IT risks.
ewY;kadu djukA
 Assessing Senior Management’s performance in
 vkbZVh dk;Zuhfr;ksa ds ykxwdj.k esa mPp izca/ku ds izn'kZu dk implementing IT strategies.
vkadyu djukA
 Issuing high level policy guidance (e.g. related to risk,
 mPp Lrjh; uhfr fn'kkfunsZ'k tkjh djuk ¼vFkkZr tksf[ke] foÙk
funding and sourcing tasks).
iks"k.k vFkok lks²lx dk;ks± ls lacaf/kr½
 ;g lqfuf'pr djuk fd D;k vkbZVh ;k O;kolkf;d <kapk rS;kj  Ensuring whether IT or business architecture is to be
designed, so as to derive the maximum business value
fd;k tk;] rkfd cSad Lrj ij vkbZVh ds dqy foÙk iks"k.k dks ns[krs from IT overseeing the aggregate funding of IT at Bank
gq, vkbZVh ls vf/kdre dkjksckj ewY; izkIr fd;k tk lds vkSj level and ascertaining, if the Management has resources to
;g irk yxkuk fd D;k izca/ku ds ikl vkbZVh tksf[keksa ds mfpr ensure the proper management of IT risks.
izcaèku dks lqfuf'Pkr djus ds fy, lalk/ku gSaA
 Reviewing IT performance and contribution of IT to
 vkbZVh izn'kZu vkSj dkjksckj y{;ksa esa vkbZVh ds ;ksxnku dh leh{kk business goals.
djukA
Ø- la- funs'kd dk uke ¼Jh@Jherh½ Sr. No. Name of the Director (Shri/Smt.)
1- MkW- js[kk tSu 'ks;j/kkjd funs'kd] v/;{k 1. Dr. Rekha Jain Shareholder Director,
Chairperson
2- lat; dqekj dk;Zikyd funs'kd] lnL;
2. Sanjay Kumar Executive Director, Member
3- fot; nqcs dk;Zikyd funs'kd] lnL;
3. Vijay Dube Executive Director, Member
4- Lo:i dqekj lkgk dk;Zikyd funs'kd] lnL; 4. Swarup Kumar Saha Executive Director, Member
5- dY;k.k dqekj dk;Zikyd funs'kd] lnL; 5. Kalyan Kumar Executive Director, Member
6- latho dqekj ¯l?ky va'kdkfyd xSj&ljdkjh 6. Sanjeev Kumar Part Time Non-Official
funs'kd] lnL; Singhal Director, Member
7- lhvkbZvks ¼lhth,e- vkbZVh½ lnL; 7. CIO (CGM-IT) Member
8- vkeaf=kr % vkbZ-Vh- lykgdkj 8. Invitees: I.T. Advisor
140
Jh xkSre xqgk ds LFkku ij MkW- js[kk tSu fnukad 12-09-2021 ls lfefr Dr. Rekha Jain was made chairperson of the Committee w.e.f.
dh v/;{k cuhA Jh dY;k.k dqekj fnukad 21-10-2021 ls lfefr ds 12.09.2021 in place of Shri Gautam Guha. Shri Kalyan Kumar was
made member of the Committee w.e.f. 21.10.2021. Shri Sanjeev
lnL; cusA Jh latho dqekj ¯l?ky fnukad 29-12-2021¼dkjksckj le;
Kumar Singhal was made member of the Committee w.e.f.
ds ckn½ ls lfefr ds lnL; cusA Jh lh,p- ,l- ,l- efYydktqZu jko 29.12.2021 (after business hours). Shri CH S.S. Mallikarjuna Rao
dh fnukad 31-01-2022 dks lfefr dh lnL;rk lekIr gqbZA ceased to be member of the Committee on 31.01.2022.
cSBd dh frfFk;k¡% 28-05-2021] 26-08-2021] 22-11-2021] Dates of Meetings: 28.05.2021, 26.08.2021, 22.11.2021,
25-02-2022 25.02.2022
Meetings
Ø- muds dk;Zdky esa cSBdksa esa Sr. Name of Director Meetings
funs'kd dk uke held during
la- vk;ksftr cSBdsa mifLFkfr No. (Shri/Smt.) attended
their tenure
1- xkSre xqgk 02 02 1. Gautam Guha 02 02
3- lh,p- ,l- ,l- 03 03 3. CH. S. S. Mallikarjuna Rao 03 03
efYydktqZu jko
4. Sanjay Kumar 04 04
4- lat; dqekj 04 04
5. Vijay Dube 04 04
5- fot; nqcs 04 04
8- latho dqekj ¯l?ky 01 01 8. Sanjeev Kumar Singhal 01 01
3-11 xzkgd lsok lfefr 3.11 Customer Service Committee
The Committee has been constituted in terms of RBI letter
vkjchvkbZ ds i=k fnukad 14-08-2004 ,oa vkjchvkbZ ekLVj ifji=k
dated 14.08.2004 and RBI Master Circular dated July 01, 2015
fnukad 01 tqykbZ] 2015 ds lanHkZ esa cSad dh xzkgd lsok dh frekgh ds to review customer service of the Bank on quarterly basis.
vkèkkj ij leh{kk gsrq lfefr xfBr dh xbZA
Composition of the Committee as on 31.03.2022:
31-03-2022 dh fLFkfr ds vuqlkj lfefr dh lajpuk%
Sr. No. Name of the Director (Shri/Smt.)
Ø-la- funs'kd dk uke ¼Jh@Jherh½
1. Atul Kumar Goel MD & CEO, Chairman
1- vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd
vf/kdkjh] v/;{k 2. Sanjay Kumar Executive Director, Member
2- lat; dqekj dk;Zikyd funs'kd] lnL; 3. Vijay Dube Executive Director, Member
3- fot; nqcs dk;Zikyd funs'kd] lnL; 4. Swarup Kumar Saha Executive Director, Member
4- Lo:i dqekj lkgk dk;Zikyd funs'kd] lnL; 5. Kalyan Kumar Executive Director, Member
5- dY;k.k dqekj dk;Zikyd funs'kd] lnL; 6. Pankaj Joshi Part Time Non-Official
Director, Member
6- iadt tks'kh va'kdkfyd xSj&ljdkjh funs'kd]
7. Dr. Rekha Jain Shareholder Director,
lnL; Member
7- MkW- js[kk tSu 'ks;j/kkjd funs'kd] lnL;
8. Invitees: (i) Customer Service - Specialist
8- vkeaf=kr % (i) xzkgd lsok & fo'ks"kK ii) Customer Representative
(ii) xzkgd izfrfuf/k
141
MkW- vk'kk HkaMkjdj ds LFkku ij MkW- js[kk tSu fnukad 12-09-2021 ls Dr. Rekha Jain was made member of the Committee w.e.f.
lfefr dh lnL; cuhA Jh dY;k.k dqekj fnukad 21-10-2021 ls lfefr 12.09.2021 in place of Dr. Asha Bhandarker. Shri Kalyan Kumar
was made member of the Committee w.e.f. 21.10.2021.
ds lnL; cusA Jh iadt tks'kh fnukad 29-12-2021¼dkjksckj le; ds
Shri Pankaj Joshi was made member of the Committee w.e.f.
ckn½ ls lfefr ds lnL; cusA Jh lh,p- ,l- ,l- efYydktqZu jko ds 29.12.2021 (After Business Hours). Shri Atul Kumar Goel was
LFkku ij Jh vrqy dqekj xks;y fnukad 01-02-2022 ls lfefr ds v/;{k made Chairman of the Committee w.e.f. 01.02.2022 in place
cusA Jh iadt tSu dh fnukad 01-02-2022 dks lfefr dh lnL;rk of Shri CH S. S. Mallikarjuna Rao. Shri Pankaj Jain ceased to be
lekIr gqbZA member of the Committee w.e.f. 01.02.2022.
cSBdksa dh frfFk % 28-05-2021] 08-09-2021] 30-12-2021] 24-02-2022- Dates of Meetings: 28.05.2021, 08.09.2021, 30.12.2021,
24.02.2022.
foÙkh; o"kZ ds nkSjku lnL;&funs'kdksa }kjk cSBdksa esa Hkkx ysus
No. of meetings attended by Member-Directors during the
1- lh,p- ,l- ,l- 03 03 1. CH. S. S. 03 03

7. Pankaj Jain 03 02
7- iadt tSu 03 02
8. Dr. Asha 02 02
8- MkW- vk'kk HkaMkjdj 02 02 Bhandarker
10- iadt tks'kh 02 02 10. Pankaj Joshi 02 02
3-12 lrdZrk vkSj xSj&lrdZrk@vuq'kklukRed dkjZokbZ ds 3.12 Committee of the Directors to review Vigilance and Non-
ekeyksa dh leh{kk gsrq funs'kdksa dh lfefr Vigilance/ Disciplinary Action Cases
Brief description and terms of reference:
laf{kIr fooj.k vkSj fopkjkFkZ fo"k;%
The Committee has been constituted in terms of Department
lfefr dk xBu vk£Fkd ekeyksa ds foHkkx] cSa¯dx izHkkx&lrdZrk
of Economic Affairs, Banking Division –Vigilance Section, MoF
vuqHkkx] ,evks,Q lapkj la[;k 10@12@90@ohvkbZth@lhohvks communication no. 10/12/90/VIG/CVOs dated 24.10.1990 and
fnukad 24-10-1990 ds lanHkZ esa fd;k x;k gS vkSj ;g lfefr lrdZrk reviews vigilance and non-vigilance disciplinary action cases.
vkSj xSj&lrdZrk vuq'kklukRed dkjZokbZ ekeyksa dh leh{kk djrh gSA
Sr. No. Name of the Director (S/Shri)
1 vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd 1. Atul Kumar Goel MD & CEO, Chairman
vfèkdkjh] v/;{k
2. Sanjay Kumar Executive Director, Member
2 lat; dqekj dk;Zikyd funs'kd] lnL;
3. Vijay Dube Executive Director, Member
142
4 Lo:i dqekj lkgk dk;Zikyd funs'kd] lnL; 4. Swarup Kumar Saha Executive Director, Member
5 dY;k.k dqekj dk;Zikyd funs'kd] lnL; 5. Kalyan Kumar Executive Director, Member
6. Pankaj Jain Govt. Nominee Director,
6 iadt tSu ljdkjh ukferh funs'kd] lnL; Member
7 vfuy dqekj feJk vkjchvkbZ ukferh funs'kd] lnL; 7. Anil Kumar Misra RBI Nominee Director,
Member
Jh dY;k.k dqekj fnukad 21-10-2021 ls lfefr ds lnL; cusA Shri Kalyan Kumar was made member of the Committee w.e.f.
Jh lh,p- ,l- ,l- efYydktqZu jko ds LFkku ij Jh vrqy dqekj xks;y 21.10.2021. Shri Atul Kumar Goel was made Chairman of the
fnukad 01-02-2022 ls lfefr ds v/;{k cusA Jh foosd vxzoky ds LFkku Committee w.e.f. 01.02.2022 in place of Shri CH S.S. Mallikarjuna
Rao. Shri Anil Kumar Misra was made member of the Committee
ij Jh vfuy dqekj feJk fnukad 28-02-2022 ls lfefr ds lnL; cusA
w.e.f. 28.02.2022 in place of Shri Vivek Aggarwal.
cSBd dh frfFk;k¡%%25-06-2021] 08-09-2021] 30-12-2021] 24-02-2022 Dates of Meetings: 25.06.2021, 08.09.2021, 30.12.2021,
24.02.2022
la- ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr No. (S/Shri) during their tenure attended
1- lh,p- ,l- ,l- 03 03 1. CH. S. S. 03 03

7- iadt tSu 4 02 7. Pankaj Jain 04 02
8- foosd vxzoky 04 04 8. Vivek Aggarwal 04 04
9- vfuy dqekj feJk 'kwU; 'kwU; 9. Anil Kumar Misra NIL NIL
3-13 funs'kdksa dh inksUUkfr lfefr 3.13 Directors Promotion Committee

lfefr dk xBu Hkkjr ljdkj] foÙk ea=kky;] vk£Fkd ekeyksa dk foHkkx The Committee has been constituted in terms of Govt. of
ds i=k la- ,Q-la-4@1@10@96&vkbZvkj fnukad 19-11-1997 ds lanHkZ India , MoF, Department of Economic Affairs Letter No. F.No.
esa fd;k x;k gSA blds vykok] Hkkjr ljdkj] foÙk ea=kky;] foÙkh; 4/1/10/96-IR dated 19.11.1997. Further, Govt. of India, Ministry
of Finance, Department of Financial Services vide Letter No.
lsok,a foHkkx us i=k la[;k 4@3@1@2012&vkbZvkj fnukad 16-04-2019
4/3/1/2012-IR dated 16.04.2019 issued guidelines regarding
ds ek/;e ls Ldsy VI ls Ldsy VII esa inksUUkfr ds fy, p;u lfefr dh composition of Selection Committee for promotion from Scale
ljapuk ds laca/k esa fn'kk&funsZ'k tkjh fd,A VI to Scale VII.
143
gkykafd] #i;s 10 yk[k djksM+ ls vf/kd ds dkjksckj okys cM+s cSadksa esa However, with the introduction of CGM (Scale VIII) level in large
lhth,e ¼Ldsy VIII½ Lrj dh 'kq:vkr ds lkFk] Hkkjr ljdkj] foÙk Banks having business of more than Rs. 10 lakh crore, Govt. of
India, Ministry of Finance, Department of Financial Services
ea=kky;] foÙkh; lsok foHkkx us i=k la- ,Q- la- 4@3@1@2012&vkbZvkj
vide Letter No. F.No. 4/3/1/2012-IR dated 10.03.2021 conveyed
fnukad 10-03-2021 ds ek/;e ls lwfpr fd;k fd fnukad 16-04-2019 that the Selection Committee specified vide letters dated
vkSj 30-08-2019 ds i=kksa }kjk fu£n"V p;u lfefr cSad ds cksMZ ls uhps 16.04.2019 and 30.08.2019 shall be the Selection Committee
ds mPpre Lrj ij vf/kdkfj;ksa dh inksUUkfr ds fy, p;u lfefr gksxh for promotion of Officers to the highest level below the Bank’s
¼iatkc uS'kuy cSad ds ekeys esa Ldsy VII ls Ldsy VIII esa inksUUkfr ds Board (in case of Punjab National Bank - for promotion from
fy,½A Scale VII to Scale VIII).
Ø- la- funs'kd dk uke ¼Jh@Jherh½ Sr.No. Name of Director (S/Shri)
1 vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd 1. Atul Kumar Goel MD & CEO, Chairman
vf/kdkjh] v/;{k 2. Pankaj Jain Govt. Nominee Director, Member
2 iadt tSu ljdkjh ukferh funs'kd] lnL;
3. Anil Kumar Misra RBI Nominee Director, Member
3 vfuy dqekj feJk vkjchvkbZ ukferh funs'kd] lnL;
4. Invitees:
4 vkeaf=kr% Two Experts
nks fo'ks"kK
Jh lh,p- ,l- ,l- efYydktqZu jko ds LFkku ij Jh vrqy dqekj xks;y Shri Atul Kumar Goel was made chairman of the Committee
fnukad 01-02-2022 ls lfefr ds v/;{k cusA Jh foosd vxzoky ds LFkku w.e.f. 01.02.2022 in place of Shri CH S.S. Mallikarjuna Rao. Shri
Anil Kumar Misra was made member of the Committee w.e.f.
ij Jh vfuy dqekj feJk fnukad 28-02-2022 ls lfefr ds lnL; cusA
28.02.2022 in place of Shri Vivek Aggarwal.
vk;ksftr cSBd dh la[;k% 01 No. of Meeting held: 01
cSBd dh frfFk% 27-03-2022 Date of Meeting: 27.03.2022
foÙkh; o"kZ ds nkSjku vk;ksftr lnL;&funs'kdksa }kjk cSBdksa esa No. of meetings attended by Member-Directors during the
Hkkx ysus dh la[;k% Financial Year:
Meetings held
Ø- funs'kd ds uke muds dk;Zdky esa cSBdksa esa Sr. Meetings
Name of Director (S/Shri) during their
la- ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr No. attended
tenure
1- lh,p- ,l- ,l- 'kwU; 'kwU; 1. CH. S. S. Mallikarjuna Rao NIL NIL
efYydktqZu jko
3- iadt tSu 01 01 3. Pankaj Jain 01 01
4- foosd vxzoky 'kwU; 'kwU; 4. Vivek Aggarwal NIL NIL
5- vfuy dqekj feJk 01 01 5. Anil Kumar Misra 01 01
3.14 Appellate Authority & Reviewing Authority Committee

3-14 vihy izkf/kdkjh vkSj leh{kk izkf/kdkjh lfefr
The Committee has been constituted to consider Appeal and
lfefr dk xBu ih,uch vf/kdkjh deZpkjh ¼vuq'kklu ,oa vihy½ Review cases as Appellate Authority/Reviewing Authority
fofu;eu] 1977 ds vuqlkj vihyh; izkf/kdkjh@leh{kk izkf/kdkjh ds in terms of PNB Officer Employees’ (Discipline and Appeal)
:i esa vihy vkSj leh{kk ekeyksa ij fopkj djus ds fy, fd;k x;k gSA Regulations, 1977.
144
vf/kdkjh] v/;{k 2 Sanjay Kumar Executive Director, Member
2 lat; dqekj dk;Zikyd funs'kd] lnL; 3 Vijay Dube Executive Director, Member
3 fot; nqcs dk;Zikyd funs'kd] lnL; 4 Swarup Kumar Saha Executive Director, Member
5 dY;k.k dqekj dk;Zikyd funs'kd] lnL;
6 Pankaj Jain Govt. Nominee Director,
6 iadt tSu ljdkjh ukferh funs'kd] lnL; Member
lh,p- ,l- ,l- efYydktqZu jko ds LFkku ij Jh vrqy dqekj xks;y 21.10.2021. Shri Atul Kumar Goel was made Chairman of the
fnukad 01-02-2022 ls lfefr ds v/;{k cusA Committee w.e.f. 01.02.2022 in place of Shri CH S.S. Mallikarjuna
Rao.
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa dk fooj.k%
Details of meetings held during the financial year:
vk;ksftr cSBdksa dh la[;k % 01
No. of Meeting held: 01
cSBd dh frfFk % 12-05-2021 Date of Meeting: 12.05.2021
Ø- funs'kd dk uke muds dk;Zdky esa cSBdksa esa Meetings

S. Name of Director Meetings
held during
la- ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr No. (Shri/Smt.) attended
their tenure
1 lh,p- ,l- ,l- 01 01 1 CH. S. S. Mallikarjuna Rao 01 01
efYydktqZu jko 2 Atul Kumar Goel Nil Nil
2 vrqy dqekj xks;y 'kwU; 'kwU; 3 Sanjay Kumar 01 01
3 lat; dqekj 01 01
4 Vijay Dube 01 01
4 fot; nqcs 01 01
5 Lo:i dqekj lkgk 01 01 5 Swarup Kumar Saha 01 01
6 dY;k.k dqekj 'kwU; 'kwU; 6 Kalyan Kumar Nil Nil
3-15 ekuo lalk/ku ij cksMZ dh lapkyu lfefr 3.15 Steering Committee of the Board on HR
lfefr dk xBu Mh,Q,l ds i=k ,Q- la- 9@18@2009&vkbZvkj The Committee was formed as per the DFS letter F.No.9/18/2009-
fnukad 21-10-2011 ds vuqlkj fd;k x;k Fkk ftlesa Hkkjr ljdkj IR dated 21.10.2011 containing the recommendations of the
Khandelwal Committee on Human Resources Issues of the
}kjk xfBr lkoZtfud {ks=k ds cSadksa ds ekuo lalk/ku eqíksa ij [kaMsyoky
Public Sector Banks formed by the Govt. of India.
lfefr dh flQkfj'ksa 'kkfey FkhaA
31-03-2022 dh fLFkfr ds vuqlkj lajpuk% Composition as on 31.03.2022:
Ø-la- funs'kd dk uke ¼Jh@Jherh½ S. No. Name of the Director (Shri/Smt.)

1- vrqy dqekj xks;y izca/k funs'kd ,oa eq[; dk;Zikyd 1 Atul Kumar Goel MD & CEO, Chairman
2- lat; dqekj dk;Zikyd funs'kd] lnL; 3 Pankaj Jain Govt. Nominee Director,
Member
3- iadt tSu ljdkjh ukferh funs'kd] lnL;
145
Ø-la- funs'kd dk uke ¼Jh@Jherh½ S. No. Name of the Director (Shri/Smt.)
4- MkW- js[kk tSu 'ks;j/kkjd funs'kd] lnL; 4 Dr. Rekha Jain Shareholder Director,
Member
5- cká ekuo lalk/ku lnL; 5 Outside HR Expert Member
fo'ks"kK
Dr. Rekha Jain was made member of the Committee w.e.f.
MkW- vk'kk HkaMkjdj ds LFkku ij MkW- js[kk tSu fnukad 12-09-2021 ls
12.09.2021 in place of Dr. Asha Bhandarker. Shri Atul Kumar
lfefr dh lnL; cuhA Jh lh,p- ,l- ,l- efYydktqZu jko ds LFkku Goel was made Chairman of the Committee w.e.f. 01.02.2022 in
ij Jh vrqy dqekj xks;y fnukad 01-02-2022 ls lfefr ds v/;{k cusA place of Shri CH S.S. Mallikarjuna Rao.
vk;ksftr cSBdksa dh la[;k% 02 No. of Meeting held: 02
cSBd dh frfFk;k¡% 25-11-2021] 29-03-2022 Dates of Meeting: 25.11.2021, 29.03.2022
Meetings held
Ø- funs'kd dk uke muds dk;Zdky esa cSBdksa esa S. Name of Director Meetings
during their
No. (Shri/Smt.) attended
la- ¼Jh@Jherh½ vk;ksftr cSBdsa mifLFkfr tenure
1- lh,p- ,l- ,l- 01 01 1 CH. S. S. Mallikarjuna 01 01

Rao
efYydktqZu jko
2- vrqy dqekj xks;y 01 01 2 Atul Kumar Goel 01 01

4- iadt tSu 02 01 4 Pankaj Jain 02 01
5- MkW- vk'kk HkaMkjdj 'kwU; 'kwU; 5 Dr. Asha Bhandarker NIL NIL
6- MkW- js[kk tSu 02 02 6 Dr. Rekha Jain 02 02
3-16 'ks;j/kkjd funs'kdksa ds pquko ij fopkj djus ds fy, 3.16 Committee to consider election of Shareholder Directors
lfefr&lkoZtfud {ks=k ds cSadksa }kjk ernku - Voting by Public Sector Banks
The Committee, constituted in terms of GoI, DFS letter dated
Hkkjr ljdkj] Mh,Q,l ds i=k fnukad 03-04-2012 ds vuqlkj xfBr
03.04.2012, decides on the candidates for election as Directors
lfefr] mEehnokjksa ds izksQkby vkSj i`"BHkwfe dks /;ku esa j[krs gq, mu in entities in which Bank is holding a stake considering the
laLFkkvksa esa funs'kd ds :i esa pquko ds fy, mEehnokjksa dk p;u djrh profile and background of Candidates.
gS ftuesa cSad dh fgLlsnkjh gSA
5 dY;k.k dqekj dk;Zikyd funs'kd] lnL; 5 Kalyan Kumar Executive Director, Member
lh,p- ,l- ,l- efYydktqZu jko ds LFkku ij Jh vrqy dqekj xks;y 21.10.2021. Shri Atul Kumar Goel was made Chairman of the
fnukad 01-02-2022 ls lfefr ds v/;{k cusA Committee w.e.f. 01.02.2022 in place of Shri CH S.S. Mallikarjuna
Rao
146
foÙkh; o"kZ 2021&22 ds nkSjku lfefr dh dksbZ Hkh cSBd vk;ksftr ugha No meeting of the Committee was held during FY 2021-22.
gqbZA
3-17- izn'kZu ewY;kadu lfefr 3.17 Performance Evaluation Committee
lfefr dk xBu Mh,Q,l vf/klwpuk ,Q@9@5@2009&vkbZvkj The Committee has been formed as per DFS notification
fnukad 30-08-2019] ,Q@9@5@2009&vkbZvkj fnukad 14-11-2019 F/9/5/2009-IR dated 30.08.2019, F/9/5/2009-IR dated
14.11.2019 and DFS notification No. 9/5/2009-IR (Pt. II) dated
vkSj Mh,Q,l vf/klwpuk la- 9@5@2009&vkbZvkj ¼ihVh II½ fnukad 23.03.2021. The Committee evaluates the performance of
23-03-2021 ds vuqlkj fd;k x;k gSA lfefr] xq.kkRed vkSj ek=kkRed General Managers/Chief General Managers and Executive
eq[; izn'kZu lwpdksa ¼dsihvkbZ,l½ dks LFkkfir djds egkizca/kdksa] eq[; Directors by setting up qualitative and quantitative Key
egkizca/kdksa ,oa dk;Zikyd funs'kdksa ds izn'kZu dk ewY;kadu djrh gSA Performance Indicators (KPIs). Also, the Committee proposes
blds vykok] lfefr] izca/k funs'kd ,oa lhbZvks ds izn'kZu ds ewY;kadu the KPIs for evaluation of performance of the Managing Director
ds fy, cksMZ dsihvkbZ dks Hkh izLrkfor djrh gSA and CEO to the Board of Directors.
31-03-2022 ds vuqlkj lajpuk% Composition of the Committee as on 31.03.2022:
1 MkW- js[kk tSu 'ks;j/kkjd funs'kd] v/;{k 1 Dr. Rekha Jain Shareholder Director, Chairperson
2 iadt tSu ljdkjh ukfer funs'kd] lnL; 2 Pankaj Jain Govt. Nominee Director, Member
3 iadt tks'kh va'kdkfyd xSj&ljdkjh funs'kd] 3 Pankaj Joshi Part Time Non-Official Director,
lnL; Member
4 xkSre xqgk 'ks;j/kkjd funs'kd] lnL; 4 Gautam Guha Shareholder Director, Member
Jh xkSre xqgk dks fnukad 12-09-2021 ls MkW- vk'kk HkaMkjdj ds LFkku Shri Gautam Guha was made Chairman of the Committee
ij lfefr dk v/;{k cuk;k x;k FkkA MkW- js[kk tSu dks 29-12-2021 ls w.e.f. 12.09.2021 in place of Dr. Asha Bhandarker. Dr. Rekha
Jain was made Chairperson of the Committee w.e.f. 29.12.2021
Jh xkSre xqgk ds LFkku ij lfefr dk v/;{k cuk;k x;k Fkk tks lfefr
in place of Shri Gautam Guha who continued as member of
ds lnL; ds :i esa cus gq, gSA Jh iadt tks'kh dks lfefr dk lnL; the Committee. Shri Pankaj Joshi was made member of the
29-12-2021 ls cuk;k x;k Fkk ¼dkjksckj le; ds ckn½A Committee w.e.f. 29.12.2021 (after business hours).
vk;ksftr cSBd dh la[;k% 03 No. of Meeting held: 03
cSBdksa dh frfFk;ka% 29-07-2021] 15-01-2022] 29-03-2022 Dates of Meeting: 29.07.2021, 15.01.2022, 29.03.2022
dh la[;k % Financial Year:
Ø- funs'kd ds uke muds dk;Zdky esa cSBdksa esa Sr. Name of Director Meetings held Meetings
la- ¼Jh@Jherh½ vk;ksftr cSBds mifLFkfr No. (Shri/Smt.) during their tenure attended
1 MkW-vk'kk HkaMkjdj 01 01 1 Dr. Asha Bhandarker 01 01
2 MkW- js[kk tSu 02 02 2 Dr. Rekha Jain 02 02

3-18 O;olk; leh{kk lfefr 3.18 Business Review Committee
lfefr dk xBu cksMZ }kjk vk;ksftr mudh cSBd fnukad 19-03-2020 The Committee has been formed as per the direction given by
Board in its meeting held on 19.03.2020 and has been entrusted
}kjk fn, x, fn'kk&funsZ'kkuqlkj ds vuqlkj fd;k x;k Fkk ,oa lfefr
with the Board level review of all Business Verticals of the Bank.
dks cSad ds lHkh O;olk; o£Vdy dh cksMZ Lrj dh leh{kk lkSaih xbZ gSA
147
31-03-2022 ds vuqlkj lfefr dh lajpuk% Composition of the Committee as on 31.03.2022:
Ø- la- funs'kd ds uke ¼Jh@Jherh½ Sr. No. Name of the Director (S/Shri)
1 vrqy dqekj xks;y ,eMh ,oa lhbZvks] v/;{k
2 Sanjay Kumar Executive Director, Member
2 lat; dqekj dk;Zikyd funs'kd] lnL;
5 dY;k.k dqekj dk;Zikyd funs'kd] lnL;
lnL; 7 Gautam Guha Shareholder Director,
7 xkSre xqgk 'ks;j/kkjd] lnL; Member
MkW- js[kk tSu dks 12-09-2021 ls MkW- vk'kk HkaMkjdj ds LFkku ij lfefr Dr. Rekha Jain was made member of the Committee w.e.f.
dk lnL; cuk;k x;k FkkA Jh dY;k.k dqekj dks 21-10-2021 ls lfefr 12.09.2021 in place of Dr. Asha Bhandarker. Shri Kalyan Kumar
dk lnL; cuk;k x;k FkkA Jh iadt tks'kh dks 29-12-2021 ¼dkjksckj was made member of the Committee w.e.f. 21.10.2021.
le; ds ckn½ ls MkW- js[kk tSu ds LFkku ij lfefr dk lnL; cuk;k Shri Pankaj Joshi was made member of the Committee w.e.f.
29.12.2021 (after business hours) in place of Dr. Rekha Jain.
x;k FkkA
cSBdksa dh frfFk% 28-07-2021] 22-11-2021] 28-03-2022 Dates of Meeting: 28.07.2021, 22.11.2021, 28.03.2022
Ø- muds dk;Zdky esa cSBdksa esa Sr. Name of Director Meetings held Meetings
funs'kd ds uke No. (Shri/Smt.) during their tenure attended
la- vk;ksftr cSBds mifLFkfr
1 lh-,p- ,l-,l- 02 02 1 CH. S. S. Mallikarjuna 02 02
efYydktqZu jko Rao
2 vrqy dqekj 01 01 2 Atul Kumar Goel 01 01
xks;y 3 Sanjay Kumar 03 03
3 lat; dqekj 03 03 4 Vijay Dube 03 03
4 fot; nqcs 03 03 5 Swarup Kumar Saha 03 03
5 Lo:i dqekj lkgk 03 03
6 Kalyan Kumar 02 02
6 dY;k.k dqekj 02 02
7 Pankaj Joshi 01 01
7 iadt tks'kh 01 01
8 Dr. Asha Bhandarker 01 01
8 MkW- vk'kk HkaMkjdj 01 01
10 MkW- js[kk tSu 01 01 10 Dr. Rekha Jain 01 01
3-19 cksMZ dh iwath tqVkus okyh lfefr 3.19 Capital Raising Committee of Board
lfefr dk xBu cksMZ }kjk 09-07-2020 dks gqbZ mudh cSBd esa fn, x, The Committee has been constituted as per the direction given
by Board in its meeting held on 09.07.2020 for deciding on
funsZ'k ds vuqlkj iwath tqVkus ls lacaf/kr fofHkUUk ekeyksa ij fu.kZ; ysus
various matters relating to raising of capital including but not
ds fy, fd;k x;k gS] ysfdu bu rd lhfer ugha gS% limited to:
,½ bfDoVh 'ks;jksa dk fuxZeu vkSj vkcaVu% fuxZeu dk izdkj] vuqikr] a) Issue and allotment of equity shares: type of issue,
fuxZeu dk le; vkSj ewY;] izeq[k izca/kdksa] dkuwuh lykgdkjksa] proportion, timing and price of issue, appointment of
148
gkehnkjksa dh fu;qfä ¼tks vko';d gks½ vkSj ,slh lHkh ,tsafl;ka Lead Managers, Legal Advisors, Underwriters (as may be
tks bfDoVh 'ks;jksa dh is'kd'k esa 'kkfey ;k lacaf/kr gks ldrh gSa necessary) and all such Agencies as may be involved or
concerned in such offering of Equity Shares and also to
vkSj ,slh ,tsafl;ksa ds lkFk ,slh lHkh O;oLFkk@djkj vkfn djuk
enter into and execute all such arrangement/agreements
vkSj fu"ikfnr djuk vkSj tgka cSad ds 'ks;j lwphc) gSa ogka LVkWd etc., with such Agencies and to seek the listing of Equity
,Dlpsatksa ij tkjh fd, x, bfDoVh 'ks;jksa dh lwphc)rk ryk'k shares issued on the Stock Exchanges where the shares of
djukA the Bank are listed.
ch½ ,d ;k ,d ls vf/kd fd'rksa] dwiu] ifjiDork] dkWy fodYi] b) Finalizing/approving the quantum of capital to be raised
le;] vkcaVu dk vk/kkj] vkcaVu frfFk vkSj lHkh iwoZ tkjh @ tkjh through Basel III Compliant AT1/Tier II Bonds in one or
more tranches, coupon, maturity, call option, timing, basis
djus ds ckn dh vkSipkfjdrkvksa] ckaM tkjh djus] js¯Vx ,tsalh@
of allotment, allotment date and all pre-issue/post-issue
VªLVh] izca/kdksa@lykgdkj vkSj jftLVªkj dh fu;qfä ds fy, fu;e formalities, modification in terms and conditions for the
vkSj 'krks± esa la'kks/ku cklsy III vuqikyu ,Vh 1@Vh;j II ckaM ds issuance of Bonds, appointment of Rating Agency/Trustee,
ek/;e ls tqVkbZ tkus okyh iwath dh ek=kk dks vafre :i nsuk@ Arrangers/Advisors and Registrar to the Issue.
vuqeksfnr djukA
31-03-2022 ds vuqlkj lfefr dh lajpuk%
Ø- la- funs'kd ds uke ¼Jh@Jherh½
1 vrqy dqekj xks;y ,eMh ,oa lhbZvks] v/;{k 2 Sanjay Kumar Executive Director, Member
3 fot; nqcs dk;Zikyd funs'kd] lnL; 4 Swarup Kumar Saha Executive Director, Member
4 Lo:i dqekj lkgk dk;Zikyd funs'kd] lnL; 5 Kalyan Kumar Executive Director, Member
5 dY;k.k dqekj dk;Zikyd funs'kd] lnL; 6 Pankaj Joshi Part Time Non-Official
Director, Member
6 iadt tks'kh va'kdkfyd xSj& ljdkjh lnL;
7 Gautam Guha Shareholder Director,
7 xkSre xqgk 'ks;j/kkjd funs'kd] lnL; Member
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa dk fooj.k Details of meetings held during the financial year:
cSBdksa dh frfFk% 10-05-2021] 14-05-2021] 15-05-2021 Dates of Meeting: 10.05.2021, 14.05.2021, 15.05.2021
No. of meetings attended by Member-Directors during the
foÙkh; o"kZ ds nkSjku lnL; & funs'kdksa dh mifLFkfr okyh
Financial Year:
cSBdksa dh la[;k %
Sr. Name of Director Meetings held Meetings
muds dk;Zdky No. (Shri/Smt.) during their tenure attended
Ø- funs'kd ds uke cSBdksa esa
esa vk;ksftr
la- ¼Jh@Jherh½ mifLFkfr 1 CH. S. S. Mallikarjuna 03 03
cSBds
Rao
1 lh,p- ,l-,l- 03 03
efYydktqZu jko 2 Atul Kumar Goel NIL NIL
2 vrqy dqekj xks;y 'kwU; 'kwU; 3 Sanjay Kumar 03 03
3 lat; dqekj 03 03 4 Vijay Dube 03 03
4 fot; nqcs 03 03 5 Swarup Kumar Saha 03 03
5 Lo:i dqekj lkgk 03 03 6 Kalyan Kumar NIL NIL
6 dY;k.k dqekj 'kwU; 'kwU; 7 Dr. Asha Bhandarker 03 03
7 MkW- vk'kk HkaMkjdj 03 03
8 Pankaj Joshi NIL NIL
8 iadt tks'kh 'kwU; 'kwU;
9 Gautam Guha NIL NIL
9 xkSre xqgk 'kwU; 'kwU;
149
4- funs'kdksa dk ikfjJfed%
izca/k funs'kd ,oa lhbZvks vkSj dk;Zikyd funs'kdksa dks Hkkjr ljdkj }kjk fu/kkZfjr fu;ekuqlkj osrueku ds ek/;e ls ikfjJfed fn;k tk jgk gSA
foÙkh; o"kZ 2021&22 ds nkSjku iw.kZdkfyd funs'kd@dksa dks fn, x, ikfjJfed dk fooj.k bl izdkj gS%
NqV~Vh udnhdj.k ds
Ø- Hkqxrku jkf'k ih,Q dk esfMdy
uke ¼Jh½ in fy, ns; la'kksfèkr Mh,
la- ¼` esa½* va'knku ¼` esa½ ¼` esa½
dk varj ¼`½
1 lh,p- ,l-,l- izca/k funs'kd ,oa eq[; 7992005-00 222450-00 142934-00 0-00
efYydktqZu jko dk;Zikyd vf/kdkjh
2 vrqy dqekj xks;y izca/k funs'kd ,oa eq[; 881892-00 67320-00 13620-00 0-00
dk;Zikyd vf/kdkjh
3 ,- ds- vktkn$ dk;Zikyd funs'kd 5697974-80 18760-00 50725-78 190539-07
4 lat; dqekj dk;Zikyd funs'kd 2936304-00 230160-00 79660-00 0-00

5 Lo:i dqekj lkgk dk;Zikyd funs'kd 2705040-00 212160-00 942997-00 0-00
5 fot; nqcs dk;Zikyd funs'kd 2936304-00 230160-00 23469-56 0-00
7 dY;k.k dqekj dk;Zikyd funs'kd 1288497-00 94673-54 21397-00 0-00
8 jkts'k dqekj ;nqoa'kh# dk;Zikyd funs'kd 0-00 0-00 0-00 133436-80
9 cky Ñ".k vYls^ vks,lMh@ 0-00 0-00 0-00 63128-00

10 eqds'k dqekj tSu^^ vks,lMh@ 0-00 0-00 0-00 157080-00
11 v'kksd dqekj iz/kku^^^ vks,lMh@ 0-00 0-00 0-00 84640-00
*
lsokfuo`fr ij xzSP;qbVh vkSj NqV~Vh udnhdj.k 'kkfey gS½
$
fnukad 30-04-2021 ls funs'kd in ls dk;Zeqä
#
fnukad 08-10-2020 ls funs'kd in ls dk;Zeqä
^bZ&vkschlh ds ,eMh ,oa lhbZvks]
^^ bZ&vkschlh ds bZMh]
^^^bZ&;wukbVsM cSad vkWQ+ bafM;k ds ,eMh ,oa lhbZvksA
@
,evks,Q vf/klwpuk fnukad 25-03-2020 ds vuqlkj 01-04-2020 ls ih,uch esa vks,lMh ds :i esa fu;qfäA
lsok vuqca/kksa vkSj uksfVl vof/k lfgr fu;qfä dh 'krs±] ljdkj ds fn'kk&funsZ'kkuqlkj gSA fdlh Hkh funs'kd dks dksbZ foPNsn 'kqYd ns; ugha gSA
foÙk o"kZ 2021&22 ds fy, iw.kZdkfyd funs'kdksa dks fu"iknu vk/kkfjr izksRlkgu dk Hkqxrku ugha fd;k x;k FkkA blds vykok] cSad }kjk fdlh Hkh
funs'kd dks dksbZ LVkWd fodYi tkjh ugha fd;k x;k gSA
cSad xSj dk;Zikyd funs'kdksa dks cksMZ vkSj mudh lfefr;ksa dh cSBdksa esa Hkkx ysus ds fy, Hkkjr ljdkj }kjk fu/kkZfjr 'kqYd ds vykok dksbZ vU;
ikfjJfed ugha nsrkA ns; 'kqYd fuEukuqlkj gSa%&
Ø-la- cSBd izR;sd cSBd esa Hkkx ysus ds fy;s ns; 'kqYd ¼`½
¼,½ cksMZ 70]000@&
¼ch½ cksMZ dh lfefr 35]000@&
¼lh½ cksMZ eh¯Vx dh v/;{krk ds fy, 20]000@& ¼mijksDr ¼,½ ds vfrfjä½
¼Mh½ cksMZ lfefr dh cSBd dh v/;{krk ds fy, 10]000@& ¼mijksDr ¼ch½ ds vfrfjä½
150
4. Remuneration of Directors:
The Managing Director & CEO and the Executive Directors are being paid remuneration by way of salary as per rules framed by the
Government of India. The details of remuneration paid to Whole Time Director(s) during the F.Y. 2021-22 are as under:
Sr. Emoluments PF Contribution

Difference of revised
No
Name (Shri) Designation
paid (`)* (`)
Medical (`) DA payable for Leave
encashment (`)
1 CH SS MD & CEO 7992005.00 222450.00 142934.00 0.00
Mallikarjuna Rao
2 Atul Kumar Goel MD & CEO 881892.00 67320.00 13620.00 0.00
3 A.K. Azad$ Executive 5697974.80 18760.00 50725.78 190539.07

Director
4 Sanjay Kumar Executive 2936304.00 230160.00 79660.00 0.00
Director
5 Swarup Kumar Executive 2705040.00 212160.00 942997.00 0.00
Saha Director
6 Vijay Dubey Executive 2936304.00 230160.00 23469.56 0.00
Director
7 Kalyan Kumar Executive 1288497.00 94673.54 21397.00 0.00
Director
8 Rajesh Kumar Executive 0.00 0.00 0.00 133436.80
Yaduvanshi# Director
9 Bal Krishna Alse^ OSD@ 0.00 0.00 0.00 63128.00
10 Mukesh Kumar OSD @
0.00 0.00 0.00 157080.00
Jain^^
11 Ashok Kumar OSD@ 0.00 0.00 0.00 84640.00

Pradhan^^^
* includes Gratuity and Leave Encashment on retirement

$
Ceased to be director on 30.04.2021
#
ceased to be director on 08.10.2020.
^MD & CEO of e-OBC
^^ ED of e-OBC
^^^MD & CEO of e-United Bank of India.
@
As per MOF notification dated 25.03.2020 appointed as OSD in PNB w.e.f. 01.04.2020
Terms of appointment including service contracts and notice period are as per Government guidelines. No severance fee is payable
to any Director. No performance linked incentive was paid to the whole-time directors during financial year 2021-2022. Further, no
stock options have been issued by the Bank to any of the Director.
The Bank does not pay remuneration to the Non-Executive Directors except sitting fees approved by the Board in terms of Government
of India guidelines, for attending the meetings of the Board and its Committees. The fees payable is as under: -
Sr. No. Meeting Sitting Fees payable per Meeting (`)

(a) Board 70,000/-
(b) Committee of Board 35,000/-
(c) For Chairing Board Meeting 20,000/- (in addition to (a) above)
(d) For Chairing meeting of Committees 10,000/- (in addition to (b) above)
151
o"kZ 2021&22 ds nkSjku xSj&dk;Zikyd funs'kdksa dks Hkkx ysus ds fy, dqy fl¯Vx Qhl dk Hkqxrku fuEuor gS%
Ø-la- funs'kd ds uke ¼Jh@Jherh½ iznÙk cSBd 'kqYd ¼`½

1 vfuy dqekj feJk 2]10]000@&
2 iadt tks'kh 6]65]000@&
3 latho dqekj fla?ky 7]20]000@&
4 MkW- vk'kk HkaMkjdj 12]20]000@&
5 xkSre xqgk 25]00]000@&
6 MkW- js[kk tSu 14]85]000@&
uksV% Jh vfuy dqekj feJk] vkjchvkbZ ukfer funs'kd tks mudh fu;qfä dh 'krks± ds vuqlkj fl¯Vx Qhl izkIr djus ds fy, ik=k Fks] dks NksM+dj
iw.kZdkfyd funs'kdksa vkSj Hkkjr ljdkj o Hkk-fj-cSad ds izfrfuf/k funs'kd dks Hkkx ysus ds fy, fdlh izdkj dh fl¯Vx Qhl dk Hkqxrku ugha fd;k
tkrk gSA
5- foosdk/khu vis{kkvksa dk vuqikyu
Ø-la- xSj vfuok;Z vis{kk,a dk;kZUo;u dh fLFkfr

, cksMZ & xSj&dk;Zikyd v/;{k daiuh ds [kpZ ij v/;{k ds dk;kZy; foÙk o"kZ 2021&22 ds fy, cSad ds cksMZ esa dksbZ xSj&dk;Zikyd
dk j[kj[kko djus ds fy, ik=k gks ldrs gSaA v/;{k ugha gSA fnukad 16-02-2020 ls xSj&dk;Zikyd v/;{k dk
in fjä gSA
ch 'ks;j/kkjdksa ds vf/kdkj& fiNys Ng eghuksa esa egRoiw.kZ ?kVukvksa frekgh@ok£"kd foÙkh; ifj.kke] ,u,lbZ@ch,lbZ dks Hksts tkrs
ds lkj lfgr foÙkh; izn'kZu dh v/kZ&ok£"kd ?kks"k.kk 'ks;j/kkjdksa ds gSa] lekpkj i=kksa esa izdkf'kr fd;s tkrs gSa rFkk cSad dh osclkbV
izR;sd ifjokj dks Hksth tk ldrh gSA ij izn£'kr fd;s tkrs gSaA lsch ds fn'kkfunsZ'kksa ds vuqlkj ok£"kd
fjiksVZ ,th,e ls igys 'ks;j/kkjdksa dks Hkh Hksth tkrh gSA
lh ys[kkijh{kk fjiksVZ esa la'kksf/kr er & lwphc) bdkbZ vla'kksf/kr cSad dh ok£"kd foÙkh; fooj.kh fcuk 'krZ gSA egRoiw.kZ ys[kk
ys[kkijh{kk er ds lkFk foÙkh; fooj.kh dh ,d O;oLFkk dh vksj c<+ uhfr;k¡ ,oa ys[kksa ij fVIif.k;k¡ vuqlwfp;ksa esa nh xbZ gSa tks
ldrh gSA O;k[;kRed izÑfr dh gSaA
Mh vkarfjd ys[kkijh{kd dh fjiks²Vx & vkarfjd ys[kk ijh{kd lh/ks eq[; egkizcU/kd ¼fujh{k.k ,oa ys[kk ijh{kk½] cksMZ dh ys[kkijh{kk
ys[kk ijh{kk lfefr dks fjiksVZ dj ldrs gSA lfefr dks vkarfjd ys[kk ijh{kk dk;Z dh fjiksVZ djrs gSaA
6- dkWiksZjsV vfHk'kklu vko';drkvksa ds lkFk vuqikyu dk izdVhdj.k%
fo"k; la- 'kh"kZd@laf{kIr fooj.k vuqikyu dh fLFkfr

17 funs'kd eaMy cSad cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 ds rgr xfBr ,d dkWiksZjsV
fudk; gSA funs'kd eaMy dh lajpuk vf/kfu;e dh /kkjk 9 ¼3½ ds izko/kkuksa }kjk 'kkflr gksrh gS] tgka
dsaæ ljdkj ds vfrfjä 'ks;j/kkjdksa ds chp pqus x, nks funs'kdksa dks NksM+dj lHkh funs'kdksa dks Hkkjr
ljdkj }kjk fu;qä@ ukekafdr fd;k tkrk gSA blds vykok] cksMZ dh lfefr;ksa dh lajpuk vkSj nk;jk
vkjchvkbZ@lsch@Hkkjr ljdkj ds fn'kkfunsZ'kksa vkSj vU; ykxw ekStwnk fn'kkfunsZ'kksa ds vuqlkj gS tks
mijksä fjiksVZ esa o£.kr gSA
cksMZ dh ppkZvksa@fopkj &foe'kZ dk egRoiw.kZ le; cSad dh O;kolkf;d j.kuhfr vkSj fu"iknu]
vuqikyu] 'kklu vkSj tksf[ke izksQkby dh ppkZ ij yxk;k tkrk gSA
cksMZ dh dk;Zi)fr esa ikjn£'krk vkSj Lora=krk lqfuf'Pkr dh tkrh gSA
18 ys[kk ijh{kk lfefr iatkc uS'kuy cSad ds cksMZ dh ys[kk ijh{kk lfefr dh lajpuk vkSj fopkjkFkZ fo"k; vkjchvkbZ ds funsZ'kksa@
fn'kkfunsZ'kksa ds }kjk fu;af=kr gksrh gSaA
cSad lsch ¼,yvksMhvkj½ fofu;eksa ds fofu;e 18¼1½¼ch½ dk vuqikyu djus esa vleFkZ gS D;ksafd cSad ds
cksMZ esa pkj Lora=k funs'kd gSa] ftuesa ls nks Lora=k funs'kd cksMZ dh izca/ku lfefr ¼,elh½ ds lnL; gSa]
tks Mh,Q,l fn'kkfunsZ'kksa ds vuqlkj ,lhch ds lnL; ugha gks ldrs gSA
152
The total Sitting Fee paid to the Non-Executive Directors during the Year 2021-22 is as under:
Sr. No. Name of the Director (Shri/Smt.) Sitting Fee paid (`)
1 Anil Kumar Misra 2,10,000/-
2 Pankaj Joshi 6,65,000/-
3 Sanjeev Kumar Singhal 7,20,000/-
4 Dr. Asha Bhandarker 12,20,000/-
5 Gautam Guha 25,00,000/-
6 Dr. Rekha Jain 14,85,000/-
Note: No sitting fee was paid to Whole Time Directors and Director representing Government of India and the Reserve Bank of
India except in case of Shri Anil Kumar Misra, RBI Nominee Director who was eligible for receiving sitting fees as per terms of his
appointment.
5. Compliance of discretionary requirements
Sr. No. Non Mandatory requirements Status of implementation
A The Board - A Non-Executive Chairman may be There was no Non-Executive Chairman on the Board of the Bank
entitled to maintain a Chairman’s office at the for Financial Year 2021-22. Post of Non-Executive Chairman is
company’s expense vacant since 16.02.2020.
B Shareholders’ Rights - A half-yearly declaration of The quarterly / Annual Financial Results are submitted to NSE/
financial performance including summary of the BSE, published in newspapers and placed on Bank’s website.
significant events in last six-months, may be sent Annual reports are also sent to the shareholders before the AGM
to each household of shareholders. in accordance with SEBI guidelines.
C Modified opinion(s) in Audit Report - The listed The Bank’s Annual Financial Statements are unqualified. Significant
entity may move towards a regime of financial Accounting Policies and Notes to Accounts are contained in
statements with unmodified audit opinion. schedules, which are explanatory in nature.
D Reporting of Internal Auditor - The internal auditor Chief General Manager (Inspection & Audit) heading the Internal
may report directly to the Audit Committee. Audit function reports to the Audit Committee of Board.
6. Disclosure of compliance with Corporate Governance Requirements:
Reg. No. Title/Brief description Compliance Status

17 Board of Directors The Bank is a body corporate constituted under the Banking Companies (Acquisition
and Transfer of Undertakings) Act, 1970. The composition of the Board of Directors
is governed by the provisions of Section 9(3) of the Act, where all the Directors are
appointed/nominated by the Govt. of India except the directors elected from amongst the
shareholders, other than Central Government. Further, the constitution and scope of the
Committees of the Board is as per extant RBI/SEBI/GoI Guidelines and other applicable
guidelines as detailed in the Report above.
Significant time of the Board discussions/deliberations is spent on business strategy and
execution, compliance, governance and risk management of the Bank.
Transparency and independence in functioning of the Board is ensured.
18 Audit Committee The composition & terms of reference of the Audit Committee of the Board is governed
by RBI’s Directives/ guidelines.
The Bank is unable to comply with Regulation 18(1)(b) of SEBI (LODR) Regulations as
the Board of the Bank has four Independent Directors, out of which two Independent
Directors are members of the Management Committee of Board who cannot be members
of ACB as per DFS Guidelines.
153
fo"k; la- 'kh"kZd@laf{kIr fooj.k vuqikyu dh fLFkfr
19 ukekadu vkSj ikfjJfed ukekadu vkSj ikfjJfed lfefr dh lajpuk vkSj fopkjkFkZ fo"k; vkjchvkbZ funsZ'kksa @ fn'kkfunsZ'kksa ds
lfefr ek/;e ls fu;af=kr gksrs gSaA
Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa ds vuqlkj] ukekadu vkSj ikfjJfed lfefr] vf/kfu;e dh /kkjk 9
dh mi&/kkjk ¼3½ ds [kaM ¼i½ ds rgr funs'kd ds :i esa pqus tkus okys O;fä;ksa dh *mi;qä vkSj mfpr*
fLFkfr fu/kkZfjr djus ds fy, leqfpr lko/kkuh dh izfØ;k djrh gSA
blds vykok] Hkkjr ljdkj dh 25 tuojh] 2021 dh vf/klwpuk ds vuqlkj] cksMZ dks fdlh Hkh dk;Z
;k ckr dks djus ds fy,] ;k lqj{kk /kkjdksa dh f'kdk;rksa ds lek/kku ds fy,] ;k fdlh Hkh fu;qfä]
vuqeksnu ;k leh{kk] ds laca/k esa lfefr dh 'kfä;ksa dk iz;ksx djus dk vf/kdkj gSA tks dkuwu }kjk djuk
vko';d gS] c'krsZ cksMZ larq"V gks fd ,slh lfefr dh cSBd ds fy, dksje ,slh lfefr esa fdlh Hkh fjfä ds
vfLrRo ;k mlds lnL; }kjk vyx gksus ds dkj.k iwjk ugha fd;k tk ldrk gSA cksMZ esa nks va'kdkfyd
xSj&ljdkjh funs'kdksa dks 'kkfey fd, tkus ds ckn 29 fnlacj] 2021 dks lfefr dk;Z&'khy gks xbZA
pwafd foÙkh; o"kZ 2021& 22 ds nkSjku vk;ksftr ,d 'ks;j/kkjd funs'kd ds pquko ds laca/k esa iwoksZä
vfèklwpuk ds vuqlkj funs'kd ds :i esa pqus tkus okys O;fä;ksa dh *mi;qä vkSj mfpr* fLFkfr fu/kkZfjr
djus ds fy, leqfpr lko/kkuh dh izfØ;k ds :i esa cksMZ }kjk 'krks± ds vuqlkj fd;k x;k Fkk] foÙkh; o"kZ
2021&22 ds nkSjku lfefr dh dksbZ cSBd vk;ksftr ugha gqbZ FkhA
20 fgr/kkjd laca/k lfefr vuqikyu fd;k x;k
21 tksf[ke izca/ku lfefr vuqikyu fd;k x;k
22 lrdZrk ra=k vuqikyu fd;k x;k
23 lacaf/kr i{kksa dk ysunsu vuqikyu fd;k x;k
24 lwphc) bdkbZ dh vuq"kaxh vuqikyu fd;k x;k

daiuh ds laca/k esa dkWiksZjsV
vfHk'kklu dh vis{kk,a
24, lfpoh; ys[kk ijh{kk vuqikyu fd;k x;k
25 Lora=k funs'kdksa ds laca/k esa vuqikyu fd;k x;k

nkf;Ro
26 ofj"B izca/ku] izeq[k vuqikyu fd;k x;k

izcaèkdh; O;fä;ksa]
funs'kdksa vkSj izorZdksa
lfgr deZpkfj;ksa ds fo"k;
esa nkf;Ro
27 vU; dkWiksZjsV vfHk'kklu vuqikyu fd;k x;k

vko';drk,a
46¼2½ ¼ch osclkbV vuqikyu fd;k x;k

ls ¼vkbZ½
rd
154
Reg. No. Title/Brief description Compliance Status
19 Nomination and The composition & terms of reference of the Nomination and Remuneration Committee is
Remuneration Committee governed by RBI Directives / Guidelines.
As per the Reserve Bank of India Guidelines, the Nomination and Remuneration
Committee undertakes the process of due diligence to determine the ‘Fit & Proper’ status
of the persons to be elected as Directors under clause (i) of sub-section (3) of section 9
of the Act.
Further, in terms of the Government of India Notification dated January 25, 2021, the
Board is empowered to exercise the powers of a Committee to do any act or thing, or for
resolution of grievances of security holders by, or in respect of any appointment, approval
or review, which it is required to do by law provided Board is satisfied that quorum for
meeting of such Committee cannot be met on account of either existence of any vacancy
in such Committee or recusal by member thereof. The Committee became functional on
December 29, 2021 after induction of two Part Time Non-Official Directors on the Board.
As the process of due diligence to determine the ‘Fit & Proper’ status of the persons to be
elected as Director was carried out by the Board in terms of the aforesaid Notification in
respect of election of one Shareholder Director held during the Financial Year 2021-22, no
meeting of the Committee was held during Financial Year 2021-22.
20 Stakeholders Relationship Complied With

Committee
21 Risk Management Complied With

Committee
22 Vigil Mechanism Complied With
23 Related Party Transactions Complied With
24 Corporate governance Complied With

requirements with
respect to subsidiary of
listed entity
24A Secretarial Audit Complied With
25 Obligations with respect Complied With

to Independent Directors
26 Obligations with respect Complied With

to employees including
Senior Management,
Key Managerial Persons,
Directors and Promoters
27 Other corporate Complied With

governance requirements
46 (2) Website Complied With

(b) to (i)
155
7- vke lHkk dh cSBdsa
'ks;j/kkjdksa dh fiNys rhu o"kks± ds nkSjku gqbZ ok£"kd vke cSBdksa ¼,th,e½ dk fooj.k bl izdkj gSa %
cSBd dk izdkj fnu] fnukad ,oa le; LFkku mís';

vBkjgoha ,th,e 'kqØokj] 12 tqykbZ] 2019 izkr% ih,uch eYVh iiZt gkWy] µ 31-03-2019 dks lekIr o"kZ ds fy, cSd ds ys[kk
10-00 cts IykV ua 4 lsDVj 10] }kjdk] ijhf{kr rqyu i=k ,oa ykHk&gkfu [kkrs ij ifjppkZ]
ubZ fnYyh & 110075 vuqeksnu ,oa viukukA
mUUkhloha ,th,e eaxyokj] 04 vxLr] 2020 izkr% cSBd ohfM;ks dkWUÝsaflax µ 31-03-2020 dks lekIr o"kZ ds fy, cSd ds ys[kk
10-00 cts ¼ohlh½ @ vU; vkWfM;ks ijhf{kr rqyu i=k ,oa ykHk&gkfu [kkrs ij ifjppkZ]
fotqvy lk/kuksa ds ek/;e vuqeksnu ,oa viukukA
ls cqykbZ xbZ Fkh] ftlesa ekuk
µ cSad ds 'ks;j izhfe;e [kkrs ls `28707-92 djksM+
x;k LFky cSad dk iz/kku
dh lafpr gkfu;ksa dk fofu;ksxA ¼fo'ks"k ladYi ds
dk;kZy; gSA
ek/;e ls ikfjr½
µ DokfyQkbM baLVhV~¸kw'kuy IyslesaV ¼D;wvkbZih½@
QnZj ifCyd vkWQj ¼,Qihvks½@jkbV~l b';w ;k
cktkj dh fLFkfr;ksa ds vk/kkj ij bl izdkj ds vU;
vuqer ek/;eksa] tSlk Hkh mfpr gks] ykxw dkuwuksa@
fn'kkfunsZ'kksa ds vuqlkj vkSj visf{kr vuqeksnu izkIr
gksus ds v/khu ¼fos'ks"k ladYi ls ikfjr½ `7000-00
djksM+ rd dh jkf'k ds fy, bfDoVh 'ks;j iwath
tqVkuk
chloha ,th,e lkseokj] 26 tqykbZ] 2021 izkr% cSBd ohfM;ks dkWUÝsa¯lx µ 31-03-2021 dks lekIr o"kZ ds fy, cSd ds ys[kk
11-00 ctsA ¼lhlh @ vU; vkWfM;ks ijhf{kr rqyu i=k ,oa ykHk&gkfu [kkrs ij ifjppkZ]
fotqvy ek/;eksa ds ek/;e vuqeksnu ,oa viukukA
ls cqykbZ xbZ Fkh] ftlesa ekuk
x;k LFky cSad dk iz/kku
dk;kZy; gSA
vlk/kkj.k vke cSBd & 31 ekpZ] 2022 dks lekIr gq, foÙkh; o"kZ ds nkSjku] cSad ds 'ks;j /kkjdksa dh ,d vlk/kkj.k vke cSBd fo'ks"k ladYi ds
ek/;e ls fuEufyf[kr dk;Z djus ds fy, cq/kokj] 08 flrEcj] 2021 dks vk;ksftr dh xbZ%
cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 dh /kkjk 9¼3½¼i½ ds lkFk ifBr jk"Vªh;Ñr cSad ¼izca/ku vkSj fofo/k izko/kku½ ;kstuk]
1970 vkSj iatkc uS'kuy cSad ¼'ks;j vkSj cSBdsa½ fofu;e] 2000] vkjchvkbZ ds lkoZtfud {ks=k ds cSadksa ds cksMZ esa pqus x, funs'kdksa ds fy, *mi;qä
vkSj mfpr* ekunaM ij ekLVj ifji=k fnukad 02 vxLr] 2019 ;Fkk la'kksf/kr rFkk fu;ked vf/kdkfj;ksa }kjk tkjh vU; ykxw funsZ'k@fn'kkfunsZ'k ds
izko/kkuksa ds vuqlkj dsaæ ljdkj ds vykok vU; 'ks;j/kkjdksa esa ls iatkc uS'kuy cSad ds ,d funs'kd dk pquko djukA
Mkd ls erkf/kdkj dk iz;ksx ¼iksLVy cSyV½ & cSad us foÙkh; o"kZ ds nkSjku Mkd ds ek/;e ls ernku dk dksbZ dk;Z ugha fd;k vkSj orZeku esa
dksbZ dk;Z vkSj orZeku esa dksbZ dk;Z iksLVy cSyV ds ek/;e ls djk;k tkuk izLrkfor ugh gSA
8- lsch ¼,yvksMhvkj½ fofu;eu 2015 dh vuqlwph V{C{10} ds vuqlkj vU; izdVhdj.k
8-1 o"kZ ds nkSjku ,slk egRoiw.kZ dksbZ lEcU/kh i{k ysunsu ugha gqvk gS ftlls fd cSad ds fgrksa dk laHkkfor Vdjko gksA
8-2 Hkkjrh; fjtoZ cSad@vkbZlh,vkbZ ds fn'kk funsZ'kksa ds vuqlkj cSad ds lEc) i{k ysu&nsu 31-03-2022 dh fLFkfr vuqlkj rqyui=k ds [kkrksa ds
uksV~l ¼vuqlwph 18½ esa n'kkZ, x;s gSaA lacaf/kr i{k ds lkFk ysu&nsu djus dh uhfr cSd dh osclkbV https://www.pnbindia.in/Regulatory.
html ij nh x;h gS A ;g cSad esa ,d izekf.kd O;oLFkk gS fd funs'kd cksMZ dh rFkk vU; lfefr;ksa ds fopkj&foe'kZ esa Hkkx ugha ysrs gSa] tc muls
;k muds fj'rsnkjksa ls lacaf/kr ekeyksa ij ppkZ dh tkrh gSA
156
7. General Body Meetings
The details of Annual General Meetings (AGM) of shareholders during the last three years are as follows:
Type of Meeting Day, Date & Venue Purpose

Time
18th AGM Friday, July 12, PNB Multipurpose Hall, Head - To discuss, approve & adopt the Audited Balance
2019 at 10:00 Office, Plot No. 4, Sector 10, Sheet and Profit & Loss Account of the Bank for year
a.m. Dwarka, New Delhi 110 075 ended 31.03.2019.
19th AGM Tuesday, August The meeting was convened - To discuss, approve & adopt the Audited Balance
04, 2020 at 10.00 through Video Conferencing Sheet and Profit & Loss Account of the Bank for year
a.m. (VC) / Other Audio Visual Means ended 31.03.2020.
with the deemed venue being - Appropriation of accumulated losses of `28707.92
the Head Office of the Bank Crore from Share Premium Account of the Bank.
(passed through special resolution)
- Raising of Equity Share Capital for an amount upto
`7000.00 Crore through Qualified Institutional
Placement (QIP) / Further Public Offer (FPO)/
Rights Issue or such other permitted mode as may
be deemed appropriate depending upon market
conditions, pursuant to applicable laws/guidelines
and subject to receipt of requisite approvals.
(passed through special resolution).
20th AGM Monday, July 26, The meeting was convened - To discuss, approve & adopt the Audited Balance
2021 at 11.00 through Video Conferencing Sheet and Profit & Loss Account of the Bank for year
a.m. (VC) / Other Audio Visual Means ended 31.03.2021.
with the deemed venue being
the Head Office of the Bank
Extra Ordinary General Meeting - During the financial year ended 31st March, 2022, an Extraordinary General Meeting of the
shareholders of the Bank was held on Wednesday, 08th September 2021 to transact the following business through ordinary
resolution:
To elect ONE Director of Punjab National Bank from amongst shareholders other than the Central Government pursuant to the
provisions of Section 9(3)(i) of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970 read with the Nationalized
Banks (Management and Miscellaneous Provisions) Scheme, 1970 and Punjab National Bank (Shares and Meetings) Regulations,
2000, RBI Master Directions on ‘Fit and Proper’ Criteria for Elected Directors on the Boards of PSBs dated August 02, 2019 as
amended, and other applicable Directives / Guidelines issued by Regulatory Authorities.
Postal Ballot - Bank has not conducted any business by way of postal ballot, during the financial year and at present no business is
proposed to be conducted through postal ballot.
8. Other Disclosures as per Schedule V {C(10)} of SEBI (LODR) Regulations, 2015
8.1 There has been no significant related party transaction during the year that may have had potential conflict of interest with the
Bank.
8.2 The Related Party Transactions of the Bank as per RBI/ICAI guidelines are disclosed in the Notes on Accounts (in Schedule 18)
of the Balance Sheet as on 31.03.2022. The Policy on Related Party Transactions is available on the Bank’s website at https://
www.pnbindia.in/Regulatory.html. It is customary that the Directors recuse themselves from the agenda of the Board and other
Committees of the Board, when matters relating to them or their relatives are discussed.
157
8-3 foxr rhu o"kks± ds nkSjku iwath cktkj ls lacaf/kr ekeyksa ds laca/k esa 8.3 Details of penalties imposed on the Bank by SEBI/Stock
xSj&vuqikyu ds fy, lsch@LVkWd ,Dlpsat }kjk cSad ij yxk, Exchanges for non-compliance in respect of matters related
to Capital Market during the last three years are as under:
x, tqekZus dk fooj.k fuEukuqlkj gSa%
2019-20 NSE and BSE vide their letters dated 10.07.2019
2019&20 QaM tqVkus ds izLrko ij fopkj djus ds fy, cSad had imposed a fine of Rs. 10,000/- each plus
}kjk vk;ksftr funs'kd eaMy dh cSBd ds laca/k esa applicable GST under Regulation 29(2) and (3)
LVkWd ,Dlpsat dks iwoZ lwpuk ugha nsus gsrq ,u,lbZ vkSj of SEBI (LODR) Regulations, 2015 for not giving
ch,lbZ us 10-07-2019 ds vius i=k ds ek/;e ls lsch prior intimation to the Stock Exchanges regarding
¼,yvksMhvkj½ fofu;e] 2015 ds fofu;eu 29 ¼2½ vkSj the meeting of the Board of Directors held to
¼3½ ds rgr #i;s 10]000@& izR;sd ykxw th,lVh lfgr consider the proposal of raising of funds by the
tqekZuk yxk;k FkkA ftldk cSad }kjk fof/kor Hkqxrku Bank. The same was duly paid by the Bank.
fd;k x;k gSA
2020&21 'kwU; 2020-21 Nil
2021&22 'kwU; 2021-22 Nil
8-4 cSad us fOgly Cyksvj ikWfylh LFkkfir dh gS vkSj fdlh Hkh O;fä 8.4 The Bank has in place a Whistle Blower Policy and no
person has been denied access to the Audit Committee.
dks ys[kk ijh{kk lfefr ls laidZ djus ls ugha jksdk x;k gSA
8.5 The status of compliance of Discretionary and Mandatory
8-5 foosdk/khu vkSj vfuok;Z vko';drkvksa ds vuqikyu dh fLFkfr requirements is detailed at Points 5 & 6, respectively.
Øe'k% ¯cnq 5 vkSj 6 ij foLr`r gSA
8-6 cSad us funs'kd eaMy vkSj ofj"B izca/ku ds fy, ,d vkpkj lafgrk 8.6 The Bank has adopted a Code of Conduct for the Board
viukbZ gS] ftldk fooj.k cSad dh osclkbV www.pnbindia. of Directors and Senior Management, the text of which
in ij miyC/k gSA lHkh funs'kdksa vkSj ofj"B izca/ku us leh{kk ds is available on the website of the Bank www.pnbindia.in.
rgr o"kZ ds nkSjku vkpkj lafgrk ds vuqikyu dh iqf"V dh gS vkSj All the Directors and Senior Management have affirmed
their compliance of Code of Conduct during the year under
vuqikyu dh iqf"V ds fy, fjiksVZ ds var esa ,d izek.ki=k fn;k gSA
review and a Certificate affirming the same is given at the
end of the Report.
8-7 êSfVfj;y* vuq"kaxh fu/kkZj.k gsrq uhfr rFkk lacaf/kr ikVhZ ysu&nsu 8.7 The ‘Policy for determining material Subsidiary’ and Policy
ls fuiVus ds fy, uhfr cSad dh osclkbV https://www.pnbindia. for dealing with Related Party Transactions is available
in/Regulatory.html ij miyC/k gSA on the website of the Bank at https://www.pnbindia.in/
Regulatory.html
8-8 i.; ewY; tksf[ke rFkk deksfMVh gS¯tx xfrfof/k;k¡ 'kwU; gSA 8.8 Commodity Price Risks and Commodity hedging activities
are Nil.
8-9 cSad us foÙk o"kZ 2021&22 ds nkSjku D;wvkbZih b';w ds ek/;e ls 8.9 The Bank raised capital through QIP Issue during FY 2021-
dqy feykdj 1800 djksM+ #i;s tqVk,A D;wvkbZih b';w ds ek/;e 22 aggregating to Rs. 1800 Crore. The funds raised through
ls tqVkbZ xbZ jkf'k dk mi;ksx lkekU; O;kolkf;d mís'; ds fy, the QIP issue have been utilized for the general business
rFkk cSad ds iwath i;kZIrrk vuqikrksa ¼¯cnq 11-4 ¼vi½ dk lanHkZ ysa½ dks purpose and to strengthen the Capital Adequacy Ratios of
lqn`<+ djus ds fy, fd;k x;k gSA the Bank [Refer to point 11.14 (vi)].
8-10 geus O;ogkjr% daiuh lfpo ls ,d izek.k i=k izkIr fd;k gS fd 8.10 We have obtained a certificate from the Company Secretary
lsch@ dkWiksZjsV ekeyksa ds ea=kky; ;k fdlh Hkh oS/kkfud izkf/kdj.k in Practice that none of the Directors on the Board of
}kjk cSad ds cksMZ ij fdlh Hkh funs'kd dks daiuh ds funs'kd ds the Bank have been debarred or disqualified from being
:i esa fu;qä fd, tkus ;k cus jgus ls jksdk ;k v;ksX; ?kksf"kr ugha appointed or continuing as Directors of companies by the
SEBI/Ministry of Corporate Affairs or any such Statutory
fd;k x;k gSA
Authority.
8-11 ;g iqf"V dh tkrh gS fd ,slk dksbZ mnkgj.k ugha gSa tgka cksMZ us 8.11 It is confirmed that there was no instance where the Board
cksMZ dh fdlh Hkh lfefr dh flQkfj'k dks Lohdkj ugha fd;k gS] tks did not accept any recommendation of any Committee
foÙkh; o"kZ 2021&22 ds nkSjku vfuok;Zr% vko';d FkkA of the Board which was mandatorily required during the
financial year 2021-22.
158
8-12 cSad vkSj blds vuq"kafx;ksa ds lkafof/kd ys[kk ijh{kdksa dks 8.12 The total fees for all services to Statutory Auditors of the
lHkh lsokvksa ds fy, dqy 'kqYd fuEukuqlkj gS% Bank and its subsidiaries is as under:
Amount
Ø-la- bdkbZ dk uke jkf'k ¼#- yk[k esa½ Sr.
Name of the Entity (Rs. in
No.
1 iatkc uS'kuy cSad 6363.60 Lakhs)
1. Punjab National Bank 6363.60
2 ih,uch baVjuS'kuy fyfeVsM 253.15
2. PNB International Limited 253.15
3 ih,uch fxYV~l fyfeVsM 42.48
3. PNB Gilts Limited 42.48
4 ih,uch bUosLVesaV l£olst fyfeVsM 1.98
4. PNB Investment Services Limited 1.98
5 Mªqd ih,uch cSad fyfeVsM 2.25 5. Druk PNB Bank Limited 2.25
6 ih,uch dkM~lZ ,oa lsok,¡ fyfeVsM 'kwU;* 6. PNB Cards and Services Ltd. NIL*
*31-03-2022 dks lekIr foÙk o"kZ ds fy, 'kqYd frekgh leh{kk ds fy, #-0-60 *Fee for FY ended 31.03.2022 amounting to Rs 0.60 Lakhs for Quarterly
Review and Rs. 1.25 Lakhs for Annual Audit of FY 2021-22 paid in April,
yk[k vkSj foÙk o"kZ 2021&22 dh ok£"kd ys[kkijh{kk ds fy, #-1-25 yk[k dk
2022.
Hkqxrku vizSy] 2022 esa fd;k x;kA
8-13 dk;ZLFky ij efgykvksa ds ;kSu mRihM+u ¼jksdFkke] fu"ks/k 8.13 Disclosures in relation to the Sexual Harassment of
vkSj fuokj.k½ vf/kfu;e] 2013 ds laca/k esa izdVhdj.k% Women at Workplace (Prevention, Prohibition and
Redressal) Act, 2013:
d foÙkh; o"kZ 2021&22 ds nkSjku ntZ f'kdk;rksa dh 13 a. Number of complaints filed during FY 13
la[;k 2021-22
[k foÙkh; o"kZ 2021&22 ds nkSjku fuiVkbZ xbZ f'kdk;rksa 10 b. Number of complaints disposed off 10
dh la[;k during FY 2021-22
x foÙkh; o"kZ 2021&22 ds var rd yafcr f'kdk;rksa 03 c. Number of complaints pending as on 03

dh la[;k end of the FY 2021-22
8-14 cSad] lsch ¼,yvksMhvkj½ fofu;eksa dh vuqlwph V ds mi&ifjPNsn 8.14 It is confirmed that Bank is complying with the disclosure
¼2½ ls ¼10½ dh dkWiksZjsV vfHk'kklu fjiksVZ dh vko';drk ds requirements in respect of Corporate Governance Report
vuqikyu dh iqf"V djrk gSaA as per sub-paras (2) to (10) of Schedule V of SEBI (LODR)
Regulations.
8-15 ge iqf"V djrs gSa fd foÙkh; o"kZ 2021&22 ds nkSjku cSad dh 8.15 The securities of the Bank were not suspended from
izfrHkwfr;ksa dks Vªs¯Mx ls fuyafcr ugha fd;k x;k FkkA trading during FY 2021-22.
8-16 vkxs ;g iqf"V dh tkrh gS fd% 8.16 Further it is confirmed that:
i) cksMZ dh jk; esa] Lora=k funs'kd lsch ¼,yvksMhvkj½ (i) In the opinion of the Board, the Independent
fofu;eksa esa fu£n"V 'krks± dks iwjk djrs gSa vkSj izca/ku ls Directors fulfill the conditions specified in SEBI (LODR)
Regulations and are independent of the Management.
Lora=k gksrs gSaA
ii) dksbZ Hkh funs'kd vkil esa lacaf/kr ugha gSaA (ii) None of the Directors are related inter-se.
ii) cSad vius Lora=k funs'kdksa ds fy, ifjp; dk;ZØe iznku (iii) The Bank imparts familiarization programmes for its
Independent Directors, details of which are available
djrk gS] ftldk fooj.k cSad dh osclkbV vFkkZr https:// on the website of the Bank i.e. at https://www.
www.pnbindia.in/Regulatory.html ij miyC/k gSA pnbindia.in/Regulatory.html
8-17 fdlh Hkh Lora=k funs'kd ds dk;Zdky dh lekfIr ls igys bLrhQs 8.17 There was no case of resignation of any Independent
dk dksbZ ekeyk ugha FkkA Director before the expiry of his/her tenure.
9- cSad dh pkj ?kjsyw vuq"kafx;ka gS] ;Fkk% 9. The Bank has four domestic Subsidiaries, namely:
i½ ih,uch bUosLVesaV l£olst fy- i) PNB Investment Services Ltd.
ii½ ih,uch dkM~lZ ,oa lsok,¡ fy- ii) PNB Cards and Services Ltd.
159
iii½ ih,uch fxYV~l fy- iii) PNB Gilts Ltd.
iv) ih,uch ba';ksjsal czks¯dx izkbosV fy-* iv) PNB Insurance Broking Pvt. Ltd.*
*
ih,uch ba';ksjsal czks¯dx daiuh LoSfPNd ifjlekiu esa Fkh vkSj iwath lekIr *PNB Insurance Broking Company was in voluntary liquidation and
gks xbZ Fkh ,oa ifjlekid] lekiu izfØ;k dks lekIr djus ds fy, vko';d capital stands extinguished and liquidator shall be completing the
necessary formalities to conclude the winding up procedure.
vkSipkfjdrk,a iwjh djsxkA
ih,uch fxYV~l fyfeVsM ,d lwphc) bdkbZ gS tgka cSad us daiuh ds PNB Gilts Ltd. is a listed entity where the Bank has nominated
cksMZ esa nks funs'kdksa dks ukfer fd;k gSA two Directors on the Board of the Company.
blds vfrfjä] cSad dh nks varjkZ"Vªh; vuq"kafx;k¡ gS] ;Fkk Further, the Bank has two international subsidiaries, namely:
i½ iatkc uS'kuy cSad ¼baVjus'kuy½ fyfeVsM ¼ih,uchvkbZ,y½] ;wds i) Punjab National Bank (International) Limited (PNBIL), UK
ii½ Mªqd ih,uch cSad fy-] HkwVkuA ii) Druk PNB Bank Ltd., Bhutan.
10- lapkj ek/;e 10. Means of Communication

frekgh@ok£"kd foÙkh; ifj.kkeksa dks LVkWd ,Dlpsat ¼,u,lbZ The Quarterly/Annual Financial Results are submitted to the
,aM ch,lbZ½ esa izpkj ds fy, Hkstk tkrk gSA blds vykok] foÙkh; Stock Exchanges (NSE & BSE) for dissemination. Further, the
ifj.kke ¯izV vkSj bysDVªkWfud ehfM;k ds ek/;e ls lekpkj foKfIr ds Financial Results are also communicated to the stakeholders
}kjk fgrèkkjdksa dks Hkh lwfpr fd, tkrs gSaA through news releases via print and electronic media.
Shareholder communications/notices and financial Results
'ks;j/kkjdksa ds i=kkpkj@ lwpuk,a ,oa foÙkh; ifj.kke bR;kfn dks fdUgha etc. are also published in widely circulated English and Hindi
nks ¼vaxzsth o fgUnh½ vR;f/kd ifjpkyu okys lekpkj i=kksa eq[;r% newspapers viz. Times of India, Hindustan Times, Business
VkbZEl vkWQ bafM;k] fgUnqLrku VkbZEl] fct+uSl LVSUMMZ] QkbuSaf'k;y Standard, Financial Express, Economic Times, Navbharat
,Dlizsl] bdkWuksfed VkbZEl] uoHkkjr VkbEl] fgUnqLrku] fct+uSl Times, Hindustan, Business Standard (Hindi), Dainik Jagran and
LVSUMMZ ¼fgUnh½] nSfud tkxj.k vkSj tulÙkk esa izdkf'kr fd, tkrs gSaA Jansatta.
frekgh@ok£"kd foÙkh; ifj.kke vkSj laLFkkxr fuos'kdksa@fo'ys"kdksa The Quarterly/Annual Financial Results and presentations
dks fn, x;s izLrqfr;ksa dks cSad dh oSclkbV ¼www.pnbindia.in½ ds made to Institutional Investors/Analysts are also placed on the
website of the Bank (www.pnbindia.in) besides the websites
vfrfjä LVkWd ,Dlpsat dh osclkbV www.nseindia.com vkSj www. of Stock Exchanges viz. www.nseindia.com and www.bseindia.
bseindia.com ij n'kkZ;k tkrk gSA com.
lsch ifji=k la- SEBI/HO/CFD/CMD1/CIR/P/2020/79 fnukad 12 The electronic copies of Annual Report for FY 2020-21 inter alia
containing the Notice of AGM were sent to the shareholders
ebZ] 2020 ,oa SEBI/HO/CFD/CMD2/CIR/P/2021/11 fnukad 15-01-
only through email in view of SEBI Circular No.: SEBI/HO/CFD/
2021 dks /;ku esa j[krs gq, foÙkh; o"kZ 2020&21 dh ok£"kd fjiksVZ dh CMD1/CIR/P/2020/79 dated May 12, 2020 and SEBI Circular
bysDVªksfud izfrfyfi ds lkFk&lkFk ,th,e dh lwpuk dsoy bZ&esy No. SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated 15.01.2021 and
ds ek/;e ls 'ks;j/kkjdksa dks Hksth xbZ Fkh vkSj bls LVkWd ,Dlpsatksa dh was also hosted on the Bank’s website, besides the websites of
osclkbVksa ds vykok cSad dh osclkbV ij Hkh n'kkZ;k x;k FkkA foÙkh; the Stock Exchanges. The Annual Report for FY 2021-22 shall be
o"kZ 2021&22 ds fy, ok£"kd fjiksVZ dks bZ&esy ds ek/;e ls dsoy sent by email to those shareholders who have registered their
mu 'ks;j/kkjdksa dks Hksth tk,xh ftUgksaus lsch ifji=k la- SEBI/HO/ email ids pursuant to SEBI circular No. SEBI/HO/CFD/CMD2/
CIR/P/2022/62 dated 13.05.2022.
CFD/CMD2/CIR/P/2022/62 fnukad 13-05-2022 ds vuqlj.k esa vius
bZ&esy vkbZMh dks iathÑr fd;k gSA
11- vke 'ks;j/kkjdksa ds fy, lwpuk 11. General Shareholders’ Information
11-1 cSad ds 'ks;j/kkjdksa dh ok£"kd vke cSBd% 11.1 Annual General Meeting of the shareholders of the Bank:
The following is the schedule of the 21st Annual General
21 oha ok£"kd vke cSBd dk dk;ZØe bl izdkj gS&
Meeting:
fnu] frfFk o le; % ,th,e uksfVl esa fn, x, fooj.k ds vuqlkj Day, Date & Time : As per details given in AGM Notice
LFkku % ,th,e uksfVl esa fn, x, fooj.k ds vuqlkj Venue : As per details given in AGM Notice
160
11-2 foÙkh; dSys.Mj 11.2 Financial Calendar
01 vizSy] 2021 ls 31 01st April 2021 to

Financial Year
foÙkh; o"kZ 31st March, 2022
ekpZ] 2022 rd
Board Meeting for considering and 11th May, 2022
31 ekpZ] 2022 dks lekIr frekgh@ 11 ebZ] 2022 approving the Audited Financial
foÙkh; o"kZ ds fy, cSad ds ys[kk ijhf{kr Results of the Bank for the quarter/
foÙkh; ifj.kkeksa ij fopkj djus ds fy, financial year ended 31st March, 2022
,oa eatwjh nsus gsrq cksMZ dh cSBdA Date & Time of the 21st AGM Thursday, 30th June,
2022 at 11.00 a.m.
21 osa ,th,e dh frfFk vkSj le; xq:okj] 30 twu 2022
Record Date Thursday, 23rd June,
lqcg 11% 00 ctsA
2022
fjdkWMZ dh xbZ frfFk xq:okj] 23 twu 2022 Book Closure Dates From Friday, 24th June
cgh lekiu frfFk 'kqØokj] 24 twu 2022 ls 2022 to Thursday 30th
June, 2022 (both days
xq#okj 30 twu] 2022 rd
inclusive)
¼nksuksa fnu lfEefyr½
Cut-off Date for E-voting Thursday, 23rd June,
bZ&oks¯Vx ds fy, dV&vkWQ dh fnukad xq#okj] 23 twu] 2022 2022
bZ&oks¯Vx dh vof/k lkseokj] 27 twu] 2022 E- voting period Monday, 27th June,
¼lqcg 9%00½ vkSj cqèkokj] 2022 (9:00 a.m.) and
ends on Wednesday,
29 twu] 2022 ¼'kke 5%00½ 29th June, 2022 (5:00
dks lekIr gksxhA p.m.)
11-3 foÙkh; o"kZ 2021&22 ds fy, ykHkka'k dk C;kSjk & 11.3 Dividend details – Financial Year 2021-22
(i) Dividend:- The Board of Directors of the Bank has
¼i½ ykHkka'k% & cSad ds funs'kd eaMy us foÙkh; o"kZ 2021&22 ds fy, recommended a dividend of ` 0.64 per equity share of
` 0-64 izfr bfDoVh 'ks;j ` 2@& ds ykHkka'k dh flQkfj'k dh gS]
` 2/- each i.e. 32% of the paid up equity capital of the Bank
tks fd cSad dh pqdrk bfDoVh iwath dk 32% gSA ykHkka'k Hkqxrku dh for FY 2021-22. The dividend payment date will be Friday,
frfFk 'kqØokj 15 tqykbZ] 2022 gksxhA 15th July, 2022.
¼ii½ ykHkka'k forj.k uhfr%& cSad us Hkkjrh; fjt+oZ cSad@ Hkkjr (ii) Dividend Distribution Policy: - The Bank has formulated a
Dividend Distribution Policy based on RBI / Government of
ljdkj@ lsch ds fn'kkfunsZ'kksa ds vk/kkj ij ,d ykHkka'k forj.k
India / SEBI Guidelines which is available at Bank’s website
uhfr rS;kj dh gS tks cSad dh osclkbV https://www.pnbindia. at https://www.pnbindia.in/Regulatory.html
in/Regulatory.html ij miyC/k gSA
11.4 Listing on Stock Exchanges:
11-4 LVkWd ,Dlpsatksa ij lwphdj.k%
The shares of the Bank are listed on the following Stock
cSad ds 'ks;j fuEufyf[kr LVkWd ,Dlpsatksa esa lwphc) gSa%& Exchanges:
LVkWd lwphdj.k dh Date of Initial

LVkWd ,Dlpsat Stock Exchanges Stock Code
dksM vkjfEHkd frfFk Listing
National Stock Exchange PNB 24.04.2002
uS'kuy LVkWd ,Dlpsat+ vkWQ bafM;k ih,uch 24-04-2002 of India Ltd. (NSE)
fy- ¼,u,lbZ½ Bandra- Kurla Complex,
ckUæk& dqykZ dkWEIysDl] eqEcbZ Mumbai
Bombay Stock Exchange 532461 25.04.2002
ckWEcs LVkWd ,Dlpsat fy-¼,u,lbZ½ 532461 25-04-2002 Ltd. (BSE)
ih-ts- VkWolZ ] nyky LVªhV] eqEcbZ P. J. Towers, Dalal Street,
Mumbai
11-5 lwphdj.k 'kqYd 11.5 Payment of Listing Fee
vkt dh frfFk rd ,u,lbZ rFkk ch,lbZ dks ok£"kd lwphdj.k 'kqYd dk The annual listing fee to NSE & BSE have been paid up to date.
Hkqxrku fd;k x;k gSA
161
11-6 cgh cUnh dh frfFk;k¡& –
fjeksV bZ&oks¯Vx ds fy, vafre frfFk& ,th,e uksfVl esa fn, x, fooj.k ds vuqlkj
11-7 cktkj ewY; ¼`½ MkVk@cSad ds 'ks;jksa dk izn'kZu*
,u,lbZ ch,lbZ la;qä

ekg
mPp U;wu ek=kk mPp U;wu ek=kk ek=kk
vizSy &21 39-00 32-50 2090950612 39-00 31-50 117264456 2208215068
ebZ &21 43-20 33-75 4429547231 43-20 33-75 259107531 4688654762
twu &21 45-00 38-90 3292673422 44-95 38-90 241231170 3533904592
tqykbZ &21 42-85 38-10 1018875674 42-85 38-10 71918919 1090794593
vxLr &21 41-50 35-30 1040912924 41-45 35-30 77568840 1118481764
flrEcj &21 42-75 36-55 1190808257 42-80 36-40 94569842 1285378099
vDVwcj 21 48-20 39-35 2564502364 47-60 39-40 163101524 2727603888
uoEcj &21 43-25 37-05 978679992 43-25 37-05 86121587 1064801579
fnlacj &21 41-40 35-95 959913276 41-40 35-95 85522022 1045435298
tuojh &22 42-40 37-25 1037899103 42-40 37-25 99298564 1137197667
Qjojh &22 43-35 31-75 1465190471 43-35 31-80 111291959 1576482430
ekpZ &22 37-20 33-35 1036165998 37-20 33-35 81555357 1117721355
dqy 21106119324 1488551771 22594671095
*lzksr & ,u,lbZ@ch,lbZ osclkbV ¼www.nseindia.com / www.bseindia.com½
foÙkh; o"kZ ds nkSjku cSad ds 'ks;j dk ewY; U;wure ` 31-50 rFkk vf/kdre ` 48-20 ds chp VªsM gqvk rFkk ,u,lbZ ,oa ch,lbZ esa dkjksckj dh dqy
ek=kk ` 2259-47 djksM+ 'ks;j ds ¶yks¯Vx LVkWd dh rqyuk esa ` 295-69 djksM+ 'ks;j jghA
11-8 cSad fu¶Vh dh rqyuk esa cSad ds 'ks;j ewY; dk izn'kZu%
cSad fu¶Vh dh rqyuk esa cSad ds 'ks;j dk xzkQ ds :i esa fp=k.k uhps fn;k x;k gS%
cSad fu¶Vh dh rqyuk esa ih,uch 'ks;j ewY;

cSad fu¶Vh
ih,uch
cSad fu¶Vh ih,uch
162
11.6 Dates of Book Closure-
Cut-off date for remote e-voting as per details given in AGM Notice
11.7 Market Price (`) Data / Performance of Bank’s shares*
NSE BSE COMBINED

Month
HIGH LOW VOLUME HIGH LOW VOLUME VOLUME
Apr-21 39.00 32.50 2090950612 39.00 31.50 117264456 2208215068
May-21 43.20 33.75 4429547231 43.20 33.75 259107531 4688654762
Jun-21 45.00 38.90 3292673422 44.95 38.90 241231170 3533904592
Jul-21 42.85 38.10 1018875674 42.85 38.10 71918919 1090794593
Aug-21 41.50 35.30 1040912924 41.45 35.30 77568840 1118481764
Sep-21 42.75 36.55 1190808257 42.80 36.40 94569842 1285378099
Oct-21 48.20 39.35 2564502364 47.60 39.40 163101524 2727603888
Nov-21 43.25 37.05 978679992 43.25 37.05 86121587 1064801579
Dec-21 41.40 35.95 959913276 41.40 35.95 85522022 1045435298
Jan-22 42.40 37.25 1037899103 42.40 37.25 99298564 1137197667
Feb-22 43.35 31.75 1465190471 43.35 31.80 111291959 1576482430
Mar-22 37.20 33.35 1036165998 37.20 33.35 81555357 1117721355
TOTAL 21106119324 1488551771 22594671095
*Source - NSE/BSE website (www.nseindia.com / www.bseindia.com)
The shares of the Bank were traded between a low of ` 31.50 and high of ` 48.20 during the financial year and total volume traded
at NSE & BSE was 2259.47 Crore shares as against the floating stock of 295.69 Crore shares.
11.8 Performance of Bank’s share price in comparison with Bank Nifty.
The graphical depiction of performance of Bank’s share vis-à-vis Bank Nifty is given below:
163
11-9 izfr 'ks;j vkadM+k% 11.9 Per Share Data:
¼`½ 2019&20 2020&21 2021&22 (`) 2019-20 2020-21 2021-22
vafdr ewY; ¼`½ 2@& 2@& 2@& Face Value (`) 2/- 2/- 2/-
Closing as on 31 st
32.35 36.65 35.05
31 ekpZ dh lekfIr ij
32-35 36-65 35-05 March -NSE(`)
,u,lbZ ¼`½
Earnings per share (`) 0.62 2.08 3.16
vk; izfr 'ks;j ¼`½ 0-62 2-08 3-16
Dividend per Equity Nil Nil 0.64
ykHkka'k ` 2@& ds izfr bfDoVh Share of ` 2/- each
'kwU; 'kwU; 0-64
'ks;j ij
Dividend (%) Nil Nil 32%
ykHkka'k ¼%½ 'kwU; 'kwU; 32%
Book Value (`) 54.43 53.07 54.77
cgh ewY; ¼`½ 54-43 53-07 54-77 Dividend payout Nil Nil 20.39%
iznÙk ykHkka'k ¼'kq) ykHk dk %½ 'kwU; 'kwU; 20-39% (% of Net Profit)
11-10 'ks;j varj.k ,tsaV ¼,lVh,½ 11.10 Share Transfer Agent (STA)
eSllZ chVy QkbuSaf'k;y ,aM daI;wVj l£olt+ ¼izk-½ fy- ,d lsch M/s Beetal Financial & Computer Services (P) Ltd., a SEBI
iathÑr jftLVªkj vkSj 'ks;j varj.k ,tsaV gSa] cSad ds 'ks;j varj.k ,tsaV registered Registrar and Share Transfer Agent is the STA of the
ds :i esa 01-01-2013 ls fu;qä fd, x, gSaA ,lVh, dk lEidZ fooj.k Bank since 01.01.2013. The contact details of the STA are given
fuEukuqlkj gSa% below:
chVy QkbuSafl;y ,aM daI;wVj l£olst+ ¼izk-½ fy- ¼;wfuV % ih,uch½ Beetal Financial & Computer Services (P) Limited (Unit: PNB)
*chVy gkml*] r`rh; ry] ‘Beetal House’, 3rd Floor
99] enuxhj] LFkkuh; 'kkW¯ix lsaVj ds ihNs] 99, Madangir, Behind Local Shopping Centre
ubZ fnYyh & 110062 New Delhi 110062
nwj- la- & 011&29961281@82@83] QSDl % % 011&29961284 Tel. No. 011-29961281/82/83, Fax: 011-29961284
bZ&esy & [email protected] e-mail: [email protected]
11-11 'ks;j varj.k i)fr 11.11 Share Transfer System

(i) Hkkjrh; fofue; vkSj izfrHkwfr cksMZ ¼lwphdj.k ck/;rk,¡ vkSj (i) In terms of Regulation 40(1) of SEBI (Listing Obligations and
izdVhdj.k vis{kk,¡½ fofu;eu] 2015] ds fofu;e 40¼1½ ;Fkk Disclosure Requirements) Regulations 2015, as amended,
securities can be transferred only in dematerialized form
la'kksf/kr] ds vuqlkj] 01 vizSy] 2019 ls izfrHkwfr;ksa dk varj.k
w.e.f. April 1, 2019, except in case of request received for
dsoy vew£rÑr :i esa gh fd;k tk ldrk gS] izfrHkwfr;ksa ds isz"k.k transmission or transposition of securities. Shareholders
¼Vªkalfe'ku½ ;k ¼Vªkaliksth'ku½ i{kkarj.k ds vuqjks/k ds ekeysa dks holding shares in physical form are requested to convert
NksM+djA ftu 'ks;j/kkjdksa ds ikl HkkSfrd :i esa 'ks;j gS muls their holdings to dematerialized form.
viuh 'ks;j gks¯YMx dks vewrZ :i esa cnyus dk vuqjks/k fd;k
tkrk gSA
(ii) The transmission or transposition of physical shares was
(ii) HkkSfrd 'ks;jksa dk isz"k.k ;k i{kkarj.k ykxw dkuwuksa@fn'kkfunsZ'kksa ds
effected in accordance with the applicable laws/guidelines.
vuqlkj fd;k x;k FkkA
(iii) bysDVªkWfud :i esa bfDoVh 'ks;jksa dk varj.k cSad dh Hkkxhnkjh ds (iii) Transfer of equity shares in electronic form is effected
through the Depositories i.e. National Securities Depository
fcuk fu{ksikxkjksa vFkkZr~ jk"Vªh; fu{ksikxkj fyfeVsM] ¼,u,lMh,y½ Ltd, (NSDL) and the Central Depository Services Ltd. (CDSL)
vkSj dsUæh; izfrHkwfr fu{ksikxkj fyfeVsM ¼lhMh,l,y½ ds ek/;e with no involvement of the Bank.
ls fd;k tkrk gSA
(iv) 'ks;j/kkjdksa ls vewrZ :i esa j[ks x, 'ks;jksa ds fy, irs vkSj@;k cSad (iv) For shares held in Dematerialized form, shareholders are
'kklukns'k ¼cSad dk uke] irk] [kkrk la[;k] ekbdj dksM bR;kfn½ requested to inform their Depository Participant (DP)
esa fdlh Hkh ifjorZu ds ekeys esa fjdkWMZ v|frr djus ds fy, directly for updating the records in case of any change in
vius fu{ksikxkj lgHkkxh ¼Mhih½ dks lh/ks lwfpr djus dk vuqjks/k address and/or Bank mandate (Name of Bank, Address,
Account No, MICR Code etc.).
fd;k tkrk gSA
164
(v) lsch ds fn'kkfunsZ'kksa ds vuqlkj] cSad us HkkSfrd :i esa cSad ds (v) In accordance with SEBI Guidelines, the Bank has sent
'ks;j j[kus okys 'ks;j/kkjdksa dks muds laidZ fooj.k] cSad [kkrs letters along with the requisite forms to the shareholders
ds fooj.k] ukekadu vkfn dks v|ru djus ds vuqjks/k ds lkFk holding shares of the Bank in physical form with a request
to update their contact details, Bank account details,
vko';d izi=kksa ds lkFk i=k Hksts gSaA nomination etc.
11-12 bySDVªkfud oks¯Vx% 11.12 Electronic Voting:
'ks;j/kkjdksa ls vuqjks/k gS fd os viuk uohure bZesy vkbZMh vius Shareholders are requested to register their latest email IDs
fMikftVjh lgHkkxh ;k ,lVh,] tSlh Hkh fLFkfr gks] ds ikl iathÑr with their Depository Participant(s) or the STA, as the case may
djok ysa rkfd os fjeksV bZ&oks¯Vx lqfo/kk ds fy, l{ke gks ldsaA be, for enabling remote e-voting facility.
11-13 ih,uch vnkoh 'ks;j ¼mpar½ [kkrs% 11.13 PNB-Unclaimed Shares (Suspense) A/c:
lsch ¼,yvksMhvkj½ fofu;eu 2015 ds vuqlkj vnkoh 'ks;jksa dk C;kSjk The details of unclaimed shares as per SEBI (LODR) Regulations,
2015 is as under: -
fuEukuqlkj gS%&
Unclaimed
lekesyu ds shares issued
,Qihvks vkbZihvks vuqlj.k esa FPO (2005) IPO (2002) pursuant to TOTAL
dqy
¼2005½ ¼2002½ nkok u fd, Amalgama-
Ø- x, 'ks;j Sr. tion#
fooj.k Particulars
la- No
'ks;j/kkjdksa
'ks;j/kkjdksa
'ks;j/kkjdksa
'ks;j/kkjdksa
'ks;jksa dh
'ks;jksa dh
'ks;jksa dh
'ks;jksa dh
No. of Shares
No. of Shares
No. of Shares
No. of Shares
dh la[;k
dh la[;k
dh la[;k
dh la[;k
No. of Share-
No. of Share-
No. of Share-
No. of Share-
la[;k
la[;k
la[;k
la[;k
Holders
holders
holders
holders
1 o"kZ ds 351 59975 58 33500 54 1323 463 94798
izkjEHk 1 Opening 351 59975 58 33500 54 1323 463 94798
vFkkZr at the
01-04-2021 beginning of
dks izkjafHkd the year i.e.
¼vafdr 01.04.2021
ewY; (Face Value
#-2@&
Rs. 2/- each)
izR;sd½
2 No. of - - - - - - - -
2 o"kZ ds & & & & & & & shareholders
nkSjku who
'ks;j
approached
varj.k ds
for transfer
fy, laidZ
of shares
djus okys
'ks;j/kkjdksa during the
dh la[;k year
3 No. of - - - - - - - -
3 o"kZ ds & & & & & & &
nkSjku shareholders
'ks;j/kkjdksa to whom
dh la[;k shares were
ftudks transferred
'ks;j during the
varfjr year
fd, x,
4 Outstanding 351 59975 58 33500 54 1323 463 94798
4 o"kZ ds var 351 59975 58 33500 54 1323 463 94798 at the end of
vFkkZr
the year i.e.
31-03-2022
¼1&3½ dks 31.03.2022
cdk;k (1-3)
#;s 'ks;j iwoZorhZ vksfj;UVy cSad vkWQ dkWelZ vkSj iwoZorhZ ;wukbVsM cSad vkWQ bafM;k # These shares relate to the unclaimed shares lying with the erstwhile Oriental
Bank of Commerce and erstwhile United Bank of India and issued by PNB
ds ikl iM+s vnkoh 'ks;jksa ls lacaf/kr gSa vkSj ih,uch }kjk 01-04-2020 dks iatkc uS'kuy pursuant to amalgamation of both the Banks into Punjab National Bank on
cSad esa nksuksa cSadksa ds lekesyu ij tkjh fd, x, gSaA 01.04.2020.
*;g izekf.kr fd;k tkrk gS fd bu 'ks;jksa ij oks¯Vx vf/kdkj rc rd Ýht+ jgsaxs tc It is certified that the voting rights on these shares remain frozen till the rightful
rd fd bu 'ks;jksa dk vlyh Lokeh nkok ugha djrkA owner claims the said shares.
165
11-14 fnukad 31 ekpZ 2022 dh fLFkfr ds vuqlkj 'ks;j/kkfjrk rFkk forj.k iSVuZ%
(i) 'ks;j/kkfjrk iSVuZ
'ks;j/kkjdksa dh Js.kh /kkfjr bfDoVh 'ks;j dk %

Hkkjr ds jk"Vªifr 73-15
,QvkbZvkbZ@,uvkjvkbZ@vkslhch 1-63
cSad@foÙkh; laLFkk,a@chek dEifu;ka 8-73
E;qpqvy Q.M 2-87
?kjsyw dEifu;ka@VªLV 1-00
Hkkjrh; tulk/kkj.k@fuoklh@oS;fäd@,p;w,Q 12-45
lek'kks/ku lnL; 0-17
dqy 100-00
¼ii½ fnukad 31-03-2022 dks 'ks;j/kkjdksa dh la[;k% 20]04]871
¼iii½ izR;sd bfDoVh 'ks;j dk lkadsfrd ewY; ` 2@&
(iv) forj.k iSVuZ%
'ks;j/kkjdksa dh dqy dk lkadsfrd ewY; dh bfDoVh 'ks;jksa dh dqy dk

jkf'k ¼# esa½
la[;k izfr'kr 'ks;jèkkfjrk ¼#- esa½ la[;k izfr'kr
1908288 95-1826 5000 rd 536586837 1073173674 4-87
57985 2-8922 5001 ls 10000 207580078 415160156 1-89
21718 1-0833 10001 ls 20000 159418761 318837522 1-45
6234 0-3109 20001 ls 30000 77724316 155448632 0-71
3814 0-1902 30001 ls 40000 67239560 134479120 0-61
1655 0-0825 40001 ls 50000 37972507 75945014 0-34
3023 0-1508 50001 ls 100000 107280669 214561338 0-97
2154 0-1074 100001 ,oa blls vf/kd 9817212830 19634425660 89-16
dqy% 2004871 100-00 11011015558 22022031116 100-00
v½ fnukad 31-03-2022 dks HkkSxksfyd vk/kkj ij 'ks;j/kkjdksa dh fLFkfr%
bySDVªkWfud HkkSfrd :i esa dqy
'kgj dk uke
/kkjd izfr'kr 'ks;j izfr'kr /kkjd izfr'kr 'ks;j izfr'kr /kkjd izfr'kr 'ks;j izfr'kr
vgenkckn 56097 2-85 48303474 0-44 693 2-07 100546 1-12 56790 2-83 48404020 0-44
cSaxyksj 48999 2-49 45725737 0-42 706 2-11 221876 2-46 49705 2-48 45947613 0-42
pSUUkbZ 36676 1-86 38444234 0-35 918 2-75 411791 4-57 37594 1-88 38856025 0-35
fnYyh 136967 6-95 8240420525 74-90 4652 13-91 1031497 11-45 141619 7-06 8241452022 74-85
gSnjkckn 34023 1-73 31537264 0-29 637 1-91 188055 2-09 34660 1-73 31725319 0-29
dksydkrk 61728 3-13 78598331 0-71 1302 3-89 327722 3-64 63030 3-14 78926053 0-72
eqEcbZ 144983 7-35 1647168982 14-97 2495 7-46 617529 6-86 147478 7-36 1647786511 14-96
,ulhvkj vU; 62034 3-15 74718712 0-68 930 2-78 224857 2-50 62964 3-14 74943569 0-68
vU; 1389929 70-50 797091019 7-24 21102 63-11 5883407 65-32 1411031 70-38 802974426 7-29
dqy 1971436 100-00 11002008278 100-00 33435 100-00 9007280 100-00 2004871 100-00 11011015558 100-00
166
11.14 Shareholding and Distribution Pattern as on 31st March 2022:
i) Shareholding Pattern
Shareholders’ Category Percentage of Equity shares held

President of India 73.15
FIIs/NRIs/OCBs 1.63
Banks/Financial Institutions/ Insurance Companies 8.73
Mutual Funds 2.87
Domestic Companies/Trusts 1.00
Indian Public/Resident Individuals/HUF 12.45
Clearing Members 0.17
Total 100.00
ii) Number of shareholders as on 31.03.2022 20,04,871
iii) Nominal value of each Equity Share ` 2/-
iv) Distribution Pattern:
Percentage of Shareholding of Percentage

No. of Shareholders No. of Equity Shares Amount (`)
Total Nominal Value of (`) to Total
1908288 95.1826 Upto 5000 536586837 1073173674 4.87
57985 2.8922 5001 to 10000 207580078 415160156 1.89
21718 1.0833 10001 to 20000 159418761 318837522 1.45
6234 0.3109 20001 to 30000 77724316 155448632 0.71
3814 0.1902 30001 to 40000 67239560 134479120 0.61
1655 0.0825 40001 to 50000 37972507 75945014 0.34
3023 0.1508 50001 to 100000 107280669 214561338 0.97
2154 0.1074 100001 and above 9817212830 19634425660 89.16
Total: 2004871 100.00 11011015558 22022031116 100.00
v) Geographical spread of Shareholders as on 31.03.2022:
Electronic Physical Total

City Name
Holders % Shares % Holders % Shares % Holders % Shares %
Ahmedabad 56097 2.85 48303474 0.44 693 2.07 100546 1.12 56790 2.83 48404020 0.44
Bangalore 48999 2.49 45725737 0.42 706 2.11 221876 2.46 49705 2.48 45947613 0.42
Chennai 36676 1.86 38444234 0.35 918 2.75 411791 4.57 37594 1.88 38856025 0.35
Delhi 136967 6.95 8240420525 74.90 4652 13.91 1031497 11.45 141619 7.06 8241452022 74.85
Hyderabad 34023 1.73 31537264 0.29 637 1.91 188055 2.09 34660 1.73 31725319 0.29
Kolkata 61728 3.13 78598331 0.71 1302 3.89 327722 3.64 63030 3.14 78926053 0.72
Mumbai 144983 7.35 1647168982 14.97 2495 7.46 617529 6.86 147478 7.36 1647786511 14.96
Ncr Oth 62034 3.15 74718712 0.68 930 2.78 224857 2.50 62964 3.14 74943569 0.68
Others 1389929 70.50 797091019 7.24 21102 63.11 5883407 65.32 1411031 70.38 802974426 7.29
Total 1971436 100.00 11002008278 100.00 33435 100.00 9007280 100.00 2004871 100.00 11011015558 100.00
167
vi½ fnukad 31-03-2022 dks 'ks;j/kkjdksa }kjk HkkSfrd #i esa vi) Details of shares held by the Shareholders in Physical
rFkk MheSV #i esa /kkfjr 'ks;jksa dk fooj.k% & Dematerialized form as on 31.03.2022
'ks;j Percentage
Ø- 'ks;j/kkjdksa 'ks;jksa dh Sr. No. of Share-
fooj.k /kkfjrk Particulars No. of Shares of Share-
la- dh la[;k la[;k No. holders
dk % holding
1- HkkSfrd #i esa 33435 9007280 0-08 1. Physical 33435 9007280 0.08
2. Demateri- 1971436 11002008278 99.92
2- MheSV #i esa 1971436 11002008278 99-92 alized
i½ ,u,lMh,y 682737 2176310529 19-76 i) NSDL 682737 2176310529 19.76
ii½ lhMh,l,y 1288699 8825697749 80-16 ii) CDSL 1288699 8825697749 80.16
dqy ¼1$2½ 2004871 11011015558 100-00 Total (1+2) 2004871 11011015558 100.00
ebZ] 2021 ds eghus esa] cSad us vius D;wvkbZih b';w ds rgr ik=k In the month of May, 2021, the Bank has allotted the following
D;wvkbZch dks ` 2@& ds vafdr ewY; ds izhfe;e ij bfDoVh 'ks;jksa dh number of equity shares of the face value Rs. 2/- each at
a premium to the eligible QIBs under the QIP issue of the
fuEukfyf[kr la[;k vkoafVr dh gSA Bank:
izfr bfDoVh Premium Issue Price

bfDoVh izfr bfDofV
'ks;j fuxZe Number of per equity per equity
'ks;jksa dh 'ks;j izhfe;e ¼jkf'k ` esa½ (Amt. in `)
ewY; Equity shares share (Amt. share
la[;k ¼jkf'k ` esa½
¼jkf'k ` esa½ in `) (Amt. in `)
53]33]33]333 31-75 33-75 1799]99]99]988-75 53,33,33,333 31.75 33.75 1799,99,99,988.75
D;wvkbZih ds ek/;e ls iwath tqVkus ls igys vkSj ckn esa cSad ds iwath The capital ratios of the Bank (Consolidated) before and after
the raising of capital through QIP are as under:
vuqikr ¼lesfdr½ fuEukuqlkj gSa%
31-03-2021 30-06-2021 31.03.2021 30.06.2021
vuqikr Ratio
¼iwoZ½ ¼ i'Pkkr~½ (Pre) (Post)
lkekU; bfDoVh fV;j1 iwt
a h 10-89 11-55 Common Equity Tier 1 10.89 11.55
vuqikr ¼%½ ¼csly&III½ Capital ratio (%) (Basel- III)
Vh;j1 iwath vuqikr ¼%½ 11-80 12-49 Tier 1 Capital ratio (%) 11.80 12.49
¼csly&III½ (Basel- III)
Vh;j2 iwath vuqikr ¼%½ 2-84 2-72 Tier 2 Capital ratio (%) 2.84 2.72
¼csly&III½ (Basel- III)
dqy iwt
a h vuqikr 14-64 15-21 Total Capital ratio (CRAR) 14.64 15.21
¼lhvkj,vkj½ ¼%½ ¼csly&III½ (%) (Basel- III)
11-15 foÙkh; o"kZ 2021&22 ds nkSjku cSad us dksbZ Hkh thMhvkj@ 11.15 The Bank has not issued any GDRs/ADRs/Warrants
,Mhvkj@okjaV vFkok dksbZ Hkh ifjorZuh; fy[kr tkjh ugha fd;k gS or any convertible instruments during the financial year 2021-
22 and there are no outstanding GDRs/ADRs/Warrants or any
rFkk 31-03-2022dks dksbZ thMhvkj@,Mhvkj@okjaV ;k dksbZ ifjorZuh;
convertible instruments as on 31.03.2022.
fy[kr cdk;k ugha gSA
11-16 i.; dher tksf[ke 'kwU; gSA fons'kh fofue; tksf[ke o 11.16 Commodity Price Risks are Nil. As regards foreign
gS¯tx ls lacaf/kr xfrfof/k;ksa ds laca/k esa% exchange risk and hedging activities:
 The Bank has in place a Board approved Investment Policy
 cSad us cSad ds fn'kkfunsZ'k ds lekukarj ,dhÑr tksf[ke izcaèku in line with the Bank’s Guidelines framed by Mid Office,
izHkkx ¼vkbZvkj,eMh½] feM vkWfQl }kjk cuk, x,] cksMZ Integrated Risk Management Division (IRMD) which
}kjk vuqeksfnr fuos'k uhfr dks LFkkfir fd;k gS tksfd fofHkUUk defines potential future losses by fixing various limits
lhekvksa tSls dV ykWl@ykHk lhek,a viukuk }kjk ¼Mhyj@djsalh such as cut loss/take profit limits (Dealer wise/Currency
okj½ vksojukbV@QkWoZMZ vkWiu fLFkfr bR;kfn dks fu/kkZfjr djds wise), Overnight/forward open positions etc. Exchange risk
laHkkfor Hkkoh gkfu dks ifjHkkf"kr djrh gSA fnu ds nkSjku vksiu associated with intraday open position is also addressed
168
fLFkfr ds lkFk Ms ykbV vksiu fLFkfr lhek fu/kkZfjr djds fofue; by fixing Daylight Open Position limit. Foreign Exchange
tksf[ke dk lek/kku Hkh fd;k gSA fofHkUUk ifjiDork vof/k esa risk arising due to mismatch of foreign currency cash flow
fons'kh eqæk udnh izokg esa varj ds dkj.k mRiUUk fons'kh fofue; in different maturity buckets are addressed by limits such
as IGL, AGL and VaR fixed and monitored by Mid Office,
tksf[ke lek/kku vkbZth,y] ,th,y vkSj oh,vkj tSlh lhekvksa
IRMD.
}kjk fd;k tkrk gS rFkk feM dk;kZy;] vkbZvkj,eMh }kjk mudh
fuxjkuh dh tkrh gSA

 All merchant (Export/Import/Inward remittance/Outward
lHkh eps±V ¼vk;kr@fu;kZr@vkod izs"k.k@tkod izs"k.k½ vk/kkfjr
remittance) based transactions are hedged through OTC
ysunsu varj cSad ckt+kj esa vksVhlh O;qRiUUkh ¼LoSi o QkWoZMZ½ ds
derivatives (swap and forward) in Interbank market.
ek/;e ls jf{kr fd, tkrs gSaA
 ,Qlh,uvkj@bZbZ,Qlh@vkj,Qlh ds ek/;e ls l`ftr ;w,lMh  USD funds generated through FCNR/EEFC/RFC are naturally
fuf/k LokHkkfod :i ls jf{kr fd;k tkrk gS] tSls gh mlh eqæk hedged as inflow and outflow of fund takes place in the
esa fuf/k;ksa dk vkxeu vkSj cfgxZeu gksrk gSA ;w,lMh ds vykok same currency. Aforesaid deposits other than USD are
mi;qZä tek,a eqæk LoSi ra=k ds ek/;e ls ;w,lMh esa ifjo£rr gksrh converted into USD through currency swap mechanism and
gSa vkSj LoSi ykxr dks /;ku esa j[krs gq, ykHk ds :i esa bLrseky deployed profitably after taking swap cost into account.
fd;k tkrk gSA
 cSad ds ikl ,d lqn`< o lqifjHkkf"kr ,evkbZ,l gS ftlds ek/;e  Bank has a robust and well defined MIS through which
ls xfrfof/k;ksa dks izR;sd fnu lHkh Lrj ij mPp izcU/ku ds le{k activities are placed before Top Management at all levels
j[kk tkrk gS] ftls fuos'k uhfr esa ifjHkkf"kr fd;k x;k gSA every day which has been defined in the Investment Policy.
11-17 IykaV dk LFkku% ykxw ugha 11.17 Plant Location: N.A.
11-18 bfDoVh laca/kh ekeyksa esa i=kkpkj gsrq irk% 11.18 Address for Correspondence in respect of equity
related issues:
dEiuh lfpo The Company Secretary
iatkc uS'kuy cSad Punjab National Bank
'ks;j foHkkx] izFke ry] Share Department, 1st Floor,
iwohZ ¯ox] IykWV la-4] lsDVj&10] }kjdk] ubZ fnYyh&110075 East Wing, Plot No.4, Sector-10, Dwarka, New Delhi - 110075
nwjHkk"k la- 011& 28044857 Tel. No. 011- 28044857
e-mail: [email protected]
bZ&esy % [email protected]
11.19 Online grievance redressal system:
11-19 vkWuykbZu f'kdk;r fuokj.k iz.kkyh%
The Bank provides an online query/grievance/complaint
cSad 'ks;j/kkjdksa ds iz'uksa@f'kdk;rksa ds lek/kku ds fy, ,d vkWuykbu redressal system for resolving the shareholders’ queries/
iwNrkN@f'kdk;r fuokj.k iz.kkyh iznku djrk gSA iz.kkyh ds varxZr] grievances. Under this system, the shareholder may log in their
'ks;j/kkjd cSad dh osclkbZV www.pnbindia.in ij miyC/k djk, x, query/complaint through the Portal provided on Bank’s website
iksVZy ds ek/;e ls Investor info > others > Online shareholder www.pnbindia.in under Investor info - > others - > Online
queries/request/grievances ds varxZr viuh iwNrkN@f'kdk;r Shareholder queries/requests/grievances. The shareholder will
ntZ dj ldrs gSaA 'ks;j/kkjd ntZ djus dh frfFk ls ysdj mlds be able to view status of the same from the date of lodging till
fuiVku dh frfFk rd f'kdk;r dh fLFkfr dks ns[k ldrs gSaA its resolution.
11-20 lfpoh; ys[kk ijh{kk fjiksVZ 11.20 Secretarial Audit Report:
foÙk o"kZ 2021&22 gsrq lfpoh; ys[kk ijh{kk ds fy,] cSad us eSllZ For conducting the Secretarial Audit for FY 2021-22, the Bank
vxzoky ,l- ,aM ,lksfl,V~l ¼izSfDV¯lx daiuh lfpo] ubZ fnYyh½ dks has appointed M/s Agarwal S. & Associates (Practicing Company
Secretary, New Delhi). The Secretarial Audit Report is annexed
fu;qä fd;k gSA lfpoh; ys[kk ijh{kk fjiksVZ dks dkWjiksjsV vfHk'kklu
at the end of the Corporate Governance Report.
fjiksVZ ds var esa layXu fd;k x;k gSA
169
11-21 fMcsapj U;klh¼;ksa½ % cSad }kjk tkjh ckWUM ds fy, fMcsapj 11.21 Debenture Trustee(s): The following are the Debenture
U;klh¼;ksa½ fuEufyf[kr gSa% Trustee(s) for the Bonds issued by the Bank:
1. IDBI Trusteeship Services Ltd.
1- vkbZMhchvkbZ VªLVhf'ki l£olst fyfeVsM
Asian Building, Ground Floor,
,f'k;u fc¯YMx] Hkwry]
17, R. Kamani Marg, Ballard Estate,
17] vkj- dekuh ekxZ] cykMZ ,LVsV]
eqacbZ & 400 001- Mumbai – 400 001.
Vsyh% ¼91½ ¼22½ 40807006 T: (91) (22) 40807006

osclkbV% www.idbitrustee.com Website: www.idbitrustee.com
2- ekbyLVksu VªLVhf'ki l£olst izkbosV fyfeVsM 2. Milestone Trusteeship Services Pvt. Ltd.
dksozDl ojyh] ih,l 56] r`rh; ry] fcjyk lsapqfj;u] CoWrks Worli, PS 56, 3rd Floor, Birla Centurion,
lsapqjh feYl daikmaM] ikaMqjax cq/kdj ekxZ] Century Mills Compound, Pandurang Budhkar Marg,
ojyh] eqacbZ&400 030- Worli, Mumbai – 400 030
Vsyh% ¼91½ ¼22½ 62886119 T: (91) (22) 62886119
osclkbV% www.milestonetrustee.in Website: www.milestonetrustee.in
3- ,lchvkbZdSi VªLVh daiuh fyfeVsM 3. SBICAP Trustee Company Ltd

feóh Hkou] prqFkZ ry] 122 fnu'kkW oNk jksM] Mistry Bhawan, 04th Floor, 122 Dinshaw Vachha Road,
ppZxsV] eqacbZ& 400020- Churchgate, Mumbai- 400020
Vsyh% ¼91½ ¼22½ 4302 5500@5566 T: (91) (22) 4302 5500/5566
osclkbV% www.sbicaptrustee.com Website: www.sbicaptrustee.com
4. Axis Trustee Services Ltd.
4- ,fDll VªLVh l£olst fyfeVsM
:ch] nwljh eafty] ,l MCyw] The Ruby, 2nd Floor, SW,
29] lsukifr ckiV ekxZ] nknj if'Pke] 29, Senapati Bapat Marg, Dadar West,
eqacbZ& 400 028- Mumbai- 400 028
Vsyh% ¼91½ ¼22½ 6230 0451 T: (91) (22) 6230 0451
osclkbV% www.axistrustee.in Website: www.axistrustee.in
11-22- la'kks/ku ds lkFk lHkh ØsfMV js¯VXl dh lwph% 11.22. List of all credit ratings along with revisions thereto:
,- cSad dh ØsfMV js¯Vx% a. Credit Rating of the Bank:
js¯Vx ,tsalh js¯Vx Rating Agency Rating
ewMht bUosLVlZ l£olst Ba1/NP/Stable Moody’s Investors Services Ba1/NP/Stable
fQp js¯VXl BBB- /F3/Negative Fitch Ratings BBB- /F3/Negative
170
ch- foÙk o"kZ 2021&22 ds nkSjku lHkh ?kjsyw _.k fy[kr b. Details of Credit Rating obtained by the bank during FY
¼lkof/k tek dks NksM+dj½ ds fy, cSad }kjk fy, x, ØsfMV 2021-22 for all domestic debt instruments (other than
js¯Vx dk fooj.k Fixed Deposits)
ds;j@ vkbZlhvkj,@ bafM;k js¯Vx@ fczdodZ@ fØfly@

CARE ICRA INDIA RATING BRICKWORK CRISIL
Ø-
la-@ fy[kr@Instru- Jà[kyk@Series vkbZ,lvkbZ,u@
30.09.2021
24.11.2021
03.11.2021
26.11.2021
13.10.2021
16.11.2021
24.12.2021
09.11.2021
29.09.2021
04.10.2021
02.12.2021
Sr. ment ISIN
No.
AA-/ AA / AA/ AA+/ AA+/

1 Jà[kyk@Series INE160A 08076 NIL
,Vh@AT-1 VII Stable Stable Stable Stable Stable
Jà[kyk@Series AA/ AA+/ AA+/ AA/ AA/ AA/ AA/

2 ,Vh@AT-1 INE160A 08134
XI Stable Stable Stable Stable Stable Stable Stable
Jà[kyk@Series AA/ AA+/ AA+/ AA/

3 ,Vh@AT-1 INE160A 08183
XII Stable Stable Stable Stable
Jà[kyk@Series AA/ AA+/ AA+/ AA/

4 ,Vh@AT-1 INE160A 08209
XIII Stable Stable Stable Stable
Jà[kyk@Series AA+/ AA+/ AA/

5 ,Vh@AT-1 INE160A 08217
XIV Stable Stable Stable
nh?kkZof/k ckaM@ AA+/ AA+/ AAA/ AAA/ AAA/ AA+/ AA+/ AA+/
6 Long Term Jà[kyk@Series 1 INE160A 08068 Stable Stable Stable Stable Stable Stable Stable Stable
Bond
nh?kkZof/k ckaM@ AA+ / AA+ / AA+ / AA+ / AA+/ AA+/ AA+/

7 Long Term Jà[kyk@Series 2 INE160A 08084 Stable Stable Stable Stable Stable Stable Stable
Bond
Vh;j@Tier II AA+ / AA+ / AA+/ AA+/ AA+/

8 Jà[kyk@Series INE160A 08019
csly@ XIV Stable Stable Stable Stable Stable
Basel - III
Vh;j@Tier II AAA/ AAA/ AAA/ AA+/ AA+/ AA+/

9 Jà[kyk@Series INE160A08027
csly@ XV Stable Stable Stable
Basel - III Stable Stable Stable
Vh;j@Tier II Jà[kyk@Series AAA/ AAA/ AAA/ AA+/ AA+/ AA+/

10 INE160A08035
csly@Basel - III XVI Stable Stable Stable Stable Stable Stable

11 INE160A08043
csly@Basel - III XVII Stable Stable Stable Stable Stable Stable
Vh;j@Tier II Jà[kyk@Series A A A / A A A / AAA/ AA+/ AA+/ AA+/

12 INE160A08050
csly@Basel - III XVIII Stable Stable Stable Stable Stable Stable
Vh;j@Tier II Jà[kyk@Series AA+ / AA+ / A A A / AAA/ AAA/

13 INE160A08092
csly@Basel - III XIX Stable Stable Stable Stable Stable
Vh;j@Tier II Jà[kyk@Seires A A A / A A A / AAA/ AA+/ AA+/ AA+/

14 INE160A08142
csly@Basel - III XX Stable Stable Stable Stable Stable Stable
Vh;j@Tier II Jà[kyk@Seires A A A / A A A / AAA/ AA+/ AA+/ AA+/

15 INE160A08159
csly@Basel - III XXI Stable Stable Stable Stable Stable Stable
171
ds;j@ vkbZlhvkj,@ bafM;k js¯Vx@ fczdodZ@ fØfly@
CARE ICRA INDIA RATING BRICKWORK CRISIL
Ø-
la-@ fy[kr@Instru- Jà[kyk@Series vkbZ,lvkbZ,u@
30.09.2021
24.11.2021
03.11.2021
26.11.2021
13.10.2021
16.11.2021
24.12.2021
09.11.2021
29.09.2021
04.10.2021
02.12.2021
Sr. ment ISIN
No.
Vh;j@Tier II Jà[kyk@Seires AAA/ AAA/ AAA/ AA+/ AA+/ AA+/

16 INE160A08167
csly@Basel - III XXII Stable Stable Stable Stable Stable Stable

17 INE160A08175
csly@Basel - III XXIII Stable Stable Stable Stable Stable Stable
Vh;j@Tier II Jà[kyk@Series AAA/ AA+/

18 INE160A08191
csly@Basel - III XXIV Stable Stable
U;wurj Vh;j @ 30.11.2012 AA+ / AA+ / AA+ / AA+ /

19 INE141A09132
Lower Tier II Stable Stable Stable Stable
Vh;j@Tier II 27.10.2014 AA+ / AA+ / AA+ / AA+ /

20 INE141A08019
csly@Basel - III Stable Stable Stable Stable
Vh;j@Tier II 26.10.2015 AA+ / AA+ / AA+ / AA+ /

21 INE141A08035
csly@Basel - III Stable Stable Stable Stable
vkbZihMhvkbZ AA / AA / AA+/ AA+/ AA+/

22 Vh;j@IPDI Jà[kyk@Series I INE695A09095 Stable Stable Stable Stable Stable
Tier I
Vh;j@Tier II Jà[kyk@Series- INE695A09103 AA+/ AA+/ AA+/ AA+/

23
csly@Basel - III VIII Stable Stable Stable Stable
Vh;j@Tier II Jà[kyk@Series- INE695A08030 AA+/ AA+/ AA+/ AA+/

24
csly@Basel - III IX Stable Stable Stable Stable
AA+/ AA+/ AA+/

25 U;wurj Vh;j@ Jà[kyk@Series-X INE695A08048
Lower Tier II Stable Stable Stable
AA+/ AA+/ AA+/
26 U;wurj Vh;j@ Jà[kyk@Series INE695A08063
Lower Tier II XI Stable Stable Stable
tek
27 izek.ki=k@ A1+ A1+ A1+ A1+ A1+ A1+ A1+
Certificate of
Deposit
uksV% Note:
(i) twu 2021 vkSj ekpZ 2022 ds eghus esa ISIN INE141A08043, ISIN INE160A08100, (i) Call options were exercised in respect of the Bonds having ISIN INE141A08043,
ISIN INE160A08118, ISIN INE160A08126 okys ckWUM ds fy, dkWy fodYi dk ISIN INE160A08100, ISIN INE160A08118, ISIN INE160A08126 in the month
of June 2021 & March 2022 respectively. Ratings of these Bonds stand
iz;ksx fd;k x;k FkkA bu ckaMksa dh js¯Vx okil ys yh xbZ gSA
withdrawn.
(ii) ISIN INE695A09087 okys ckaMksa dks fØfly vkSj ds;j }kjk ,,$@fLFkj jsfVax nh
(ii) The Bonds having ISIN INE695A09087 was rated AA+/Stable by CRISIL & CARE
xbZ Fkh] ftUgsa 28-12-2021 dks Hkquk;k x;k FkkA were redeemed on 28.12.2021.
Ñrs iatkc uS'kuy cSad

For Punjab National Bank
LFkku% ubZ fnYyh ¼vrqy dqekj xks;y½

Place: New Delhi (Atul Kumar Goel)
fnukad% % 11-05-2022 izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh

Date: 11.05.2022 Managing Director & CEO
172
?kks"k.kk Declaration
[lsch
¼,yvksMhvkj½ fofu;eu] [As per Schedule V (D) of the SEBI
(LODR) Regulations, 2015]
2015 dh vuqlwph V ¼Mh½ ds vuqlkj]
cSad us lHkh cksMZ lnL;ksa rFkk cSad ds ofj"B izca/ku oxZ ds vf/kdkfj;ksa The Bank has laid down a Code of Conduct for all the Board
ds fy, vkpkj lafgrk rS;kj dh gS] tks cSad dh osclkbV https://www. Members and Senior Management Personnel of the Bank,
which is available on the website of the Bank i.e. https://www.
pnbindia.in/model-code-of-conduct.html ij miyC/k gSA
pnbindia.in/model-code-of-conduct.html
cksMZ ds lHkh lnL;ksa rFkk ofj"B izca/ku us lsch ¼,yvksMhvkj½ fofu;eu] The Board Members and Senior Management have affirmed
compliance to the Code of Conduct in accordance with Clause
2015 ds [kaM 26 ¼3½ ds vuqlkj vkpkj lafgrk ds vuqikyu dh iqf"V
26(3) of SEBI (LODR) Regulations, 2015.
dh gSA
Ñrs iatkc uS'kuy cSad For Punjab National Bank
¼vrqy dqekj xks;y½ (Atul Kumar Goel)

izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh Managing Director & CEO
Place: New Delhi

LFkku% ubZ fnYyh Date: 11.05.2022
fnukad% 11-05-2022
173
lfpoh; ys[kkijh{kk fjiksVZ SECRETARIAL AUDIT REPORT
31 ekpZ] 2022 dks lekIr foÙkh; o"kZ ds fy, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 2022
{lsch ds fofu;e 24 , ¼lwphc)rk ck/;rk,¡ vkSj izdVhdj.k vis{kk,¡½] {Pursuant to Regulation 24A of the SEBI (Listing Obligations and
fofu;eu 2015 ds vuqlj.k esa} Disclosure Requirements), 2015}
lsok esa] To,

lnL;x.k] The Members,
iatkc uS'kuy cSad Punjab National Bank.
geus iatkc uS'kuy cSad ¼ftls ;gk¡ vkxs ÞcSadÞ dgk x;k gS½ }kjk ykxw We have conducted the Secretarial Audit of the Compliance
laoS/kkfud izko/kkuksa ds vuqikyu vkSj vPNs dkWiksZjsV fl)karksa ds ikyu of applicable statutory provisions and the adherence to good
Corporate Practices by Punjab National Bank (hereinafter
dk lfpoh; vkWfMV fd;k gSA lfpoh; vkWfMV bl rjhds ls fd;k x;k
called the “The Bank”). Secretarial Audit was conducted in a
Fkk fd blls gesa dkWjiksjsV vkpj.k@ laoS/kkfud vuqikyu dk ewY;kadu manner that provided us a reasonable basis for evaluating the
djus vkSj ml ij viuh jk; O;ä djus dk mfpr vk/kkj feykA corporate conducts/statutory compliances and expressing my
opinion thereon.
lfpoh; vkWfMV djus ds nkSjku cSad dh cfg;ksa] dkxtkr] dk;Zo`Ùk Based on our verification of the Bank’s books, papers, Minute
cfg;ksa] QkWElZ ,oa nkf[ky dh xbZ foojf.k;ksa vkSj cSad }kjk j[ks x, vU; books, forms and returns filed and other records maintained
fjdkWMZ ds lR;kiu rFkk cSad] buds vf/kdkfj;ksa] ,tsaVksa vkSj vfèkÑr by the Bank and also the information provided by the Bank,
izfrfuf/k;ksa }kjk Hkh miyC/k djk;h xbZ lwpuk ds vk/kkj ij] ge its officers, agents and authorized representatives during the
,rn}kjk fjiksVZ djrs gSa fd gekjh jk; esa] cSad us 31 ekpZ] 2022 dks conduct of secretarial audit, we hereby report that in our
lekIr gq, foÙkh; o"kZ dks doj djus okyh vkWfMV vof/k ds nkSjku] ;gka opinion, the Bank has, during the audit period covering the
financial year ended on 31st March, 2022 complied with the
lwphc) laoS/kkfud izko/kkuksa dk vuqikyu fd;k gS vkSj ;g Hkh fd cSad statutory provisions listed hereunder and also that the Bank has
ds ikl mfpr cksMZ izfØ;k,a vkSj vuqikyu& O;oLFkk gS] tks bl rjhds proper Board processes and Compliance mechanism in place to
ls vkSj ;gkW dh xbZ fjiks²Vx ds v/khu gSA the extent, in the manner and subject to the reporting made
hereinafter:
geus 31 ekpZ] 2022 dks lekIr gq, foÙkh; o"kZ ds fy, cSad dh We have examined the books, papers, minute books, forms
cfg;ksa] dkxtkr] dk;Zo`Ùk cfg;ksa] QkWElZ ,oa nkf[ky dh xbZ foojf.k;ksa and returns filed and other records maintained by the Bank for
vkSj cSad }kjk j[ks x, vU; fjdkWMZ dh tkap fuEu izko/kkuksa ds vuqlkj the financial year ended on 31st March, 2022 according to the
provisions of:
dh gS%
(i) daiuh vf/kfu;e] 2013 ¼^vf/kfu;e*½ vkSj blds rgr cuk, x, (i) The Companies Act, 2013 (‘the Act’) and the rules made
fu;e( ¼ykxw lhek rd½( there under; (to the extent Applicable);
(ii) The Securities Contracts (Regulations) Act, 1956 (‘SCRA’)
(ii) izfrHkwfr lafonk ¼fofu;eu½ vf/kfu;e] 1956 ¼‘SCRA'½ vkSj blds
and the rules made thereunder;
rgr cuk, x, fu;e(
(iii) The Depositories Act, 1996 and the Regulations and Bye-
(iii) fu{ksikxkj vf/kfu;e] 1996 vkSj mlds rgr cuk, x, fofu;e laws framed thereunder;
vkSj mifu;e(
(iv) Foreign Exchange Management Act, 1999 and the rules
(iv) fons'kh eqæk izca/k vf/kfu;e] 1999 vkSj fons'kh izR;{k fuos'k] and regulations made thereunder to the extent of Foreign
leqæ&ikjh; izR;{k fuos'k vkSj ckgjh okf.kfT;d _.kksa dh lhek Direct Investment, Overseas Direct Investment and
ds rgr cuk, x, fu;e vkSj fofu;e( External Commercial Borrowings;
(v) Hkkjrh; izfrHkwfr vkSj fofue; cksMZ vf/kfu;e] 1992 ¼^lsch (v) The following Regulations and Guidelines prescribed under
vfèkfu;e*½ ds rgr fu/kkZfjr fuEufyf[kr fofu;e vkSj fn'kkfunsZ'k the Securities and Exchange Board of India Act, 1992 (‘SEBI
vFkkZr%& Act’):-
¼,½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼'ks;jksa dk i;kZIr vtZu (a) The Securities and Exchange Board of India (Substantial
vkSj vf/kxzg.k½ fofu;e] 2011( Acquisition of Shares and Takeovers) Regulations, 2011;
¼ch½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼varjax O;kikj dk (b) The Securities and Exchange Board of India
izfr"ksèk½ fofu;e] 2015( (Prohibition of Insider Trading) Regulations, 2015;
174
¼lh½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼iwath dk fuxZeu vkSj (c) The Securities and Exchange Board of India (Issue of
izdVhdj.k vis{kk,¡½ fofu;e] 2018( Capital and Disclosure Requirements) Regulations,
2018;
¼Mh½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼'ks;j vk/kkfjr deZpkjh (d) The Securities and Exchange Board of India (Share
ykHk vkSj Losr bfDoVh½ fofu;e] 2021( ¼leh{kk vof/k ds Based Employee Benefits and Sweat Equity)
nkSjku cSad ij ykxw ugha½ Regulations, 2021 (Not applicable to the Bank during
the Review Period);
¼bZ½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼xSj&ifjorZuh; (e) Securities and Exchange Board of India (Issue and
izfrHkwfr;ksa dk fuxZe vkSj lwphdj.k½ fofu;e] 2021 ¼16 Listing of Non-Convertible Securities) Regulations,
vxLr] 2021 ls izHkkoh½ 2021 (with effect from 16th August, 2021)
¼,Q½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼_.k izfrHkwfr;ksa dk (f) The Securities and Exchange Board of India (Issue and
fuxZe vkSj lwphc)rk½ fofu;e] 2008( Listing of Debt Securities) Regulations, 2008;
¼th½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼fuxZe jftLVªkj vkSj (g) The Securities and Exchange Board of India (Registrars
'ks;j varj.k vfHkdrkZ½ fofu;e] 1993 daiuh vf/kfu;e to an Issue and Share Transfer Agents) Regulations,
vkSj xzkgd ds lkFk O;ogkj ls lacaf/kr( 1993 regarding the Companies Act in respect of
dealing with client;
¼,p½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼bfDoVh 'ks;jksa dh (h) The Securities and Exchange Board of India (Delisting
vlwphc)rk½ fofu;e] 2021( of Equity Shares) Regulations, 2021;
¼vkbZ½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ [izfrHkwfr;ksa dh okilh (i) The Securities and Exchange Board of India (Buyback
[kjhn ¼ck;&cSd½, fofu;e] 2018( ¼ys[kkijh{kk vof/k ds of Securities) Regulations, 2018 (Not applicable to the
nkSjku cSad ij ykxw ugha gS½( Bank during the Audit Period);
¼ts½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼fu{ksikxkj vkSj (j) The Securities and Exchange Board of India (Depository
lgHkkxh½ fofu;e] 2018( & Participants) Regulations 2018;
¼ds½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼fuxZe gsrq cSadj½ (k) The Securities and Exchange Board of India (Banker to
fofu;e] 1994( an Issue) Regulations, 1994;
¼,y½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼fMcsapj VªLVh½] (l) The Securities and Exchange Board of India (Debenture
fofu;e] 1993( Trustee) Regulations, 1993;
(vi) ge vkxs fjiksVZ djrs gSa fd] cSad esa izpfyr vuqikyu iz.kkyh (vi) We Further report that, having regard to the compliance
ds laca/k esa vkSj ijh{k.k&tkap ds vk/kkj ij lacaf/kr nLrkostksa system(s) prevailing in the Bank and on examination of the
relevant documents and records in pursuance thereof on
vkSj vfHkys[kksa dh tkap ds ckn] cSad us fo'ks"k :i ls cSad esa ykxw test check basis, the bank has complied with the following
fuEufyf[kr dkuwuksa dk vuqikyu fd;k gS% applicable laws to the Bank:
¼,½ iwath cktkj e/;LFkksa ij ykxw lsch }kjk tkjh fn'kkfunsZ'k] (a) Guidelines, Regulations issued by SEBI as applicable to
Capital Market Intermediaries.
fofu;e(
¼ch½ Hkkjrh; fjt+oZ cSad }kjk le;≤ ij tkjh fd, x, (b) Master Direction, Notification and guidelines issued
by RBI from time to time.
ekLVj funs'k] vf/klwpuk,a vkSj fn'kkfunsZ'k(
¼lh½ cSaddkjh dEiuh ¼miØeksa dk vtZu vkSj varj.k½ (c) The Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1970;
vfèkfu;e] 1970(
¼Mh½ cSa¯dx fofu;eu vf/kfu;e] 1949( (d) The Banking Regulation Act, 1949;
¼bZ½ jk"Vªh;Ñr cSad ¼izca/ku vkSj fofo/k izko/kku½ ;kstuk] (e) The Nationalized Banks (Management and
1970( Miscellaneous Provisions) Scheme, 1970;
¼,Q½ iatkc uS'kuy cSad ¼'ks;j vkSj cSBdsa½ fofu;e] (f) Punjab National Bank (Shares & Meeting) Regulations,
2000( 2000;
175
geus fuEufyf[kr ds vuqikyu dh Hkh tkap dh gS% We have also examined compliance of the following:
,½ baLVhV~¸kwV vkWQ daiuh lsØsVjht vkWQ bafM;k }kjk tkjh (a) Secretarial Standards, as amended from time to time,
le;≤ ij ;Fkkla'kksf/kr lfpoh; ekud & ykxw issued by the Institute of Company Secretaries of
ughaA India-Not Applicable.
ch½ Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼lwphdj.k ck/;rk,a (b) The Securities & Exchange Board of India (Listings
vkSj izdVhdj.k dh vis{kk,¡½ fofu;e] 2015 & ykxw lhek Obligations and Disclosure Requirements) Regulations,
2015-to the extent Applicable.
rdA
leh{kk/khu vof/k ds nkSjku] cSad us Åij mfYyf[kr vf/kfu;e] fu;eksa] During the period under review the Bank has complied with the
fofu;eksa] fn'kkfunsZ'kksa] ekudksa vkfn ds izko/kkuksa dk fuEufyf[kr provisions of the Act, Rules, Regulations, Guidelines, Standards
fVIif.k;ksa ds v/khu vuqikyu fd;k gS% etc. mentioned above subject to the following observations:
1- cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 1. The position of one Director under Section 9(3)(e) of
dh /kkjk 9¼3½¼bZ½ ds rgr ,d funs'kd dk in] tks cSad cksMZ esa fjä the Banking Companies (Acquisition and Transfer of
Fkk] cSad ds ,sls deZpkfj;ksa esa ls gksuk pkfg, tks vkS|ksfxd fookn Undertakings) Act, 1970, from among such of the
employees of the Bank who are workmen under clause
vf/kfu;e] 1947 ¼1947 dk 14½ dh /kkjk 2 ds [kaM ¼Mksa½ ds varxZr
(s) of section 2 of the Industrial Disputes Act, 1947 (14 of
dkexkj gSa] ftls dsaæ ljdkj }kjk bl rjg ls ukfer fd;k tkuk 1947), to be nominated by the Central Government in such
Fkk] tSlk fd bl /kkjk ds rgr cukbZ xbZ ;kstuk esa fu£n"V fd;k manner as may be specified in a scheme made under this
tk,A section, was vacant on the Board of the Bank.
2- cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 2. The position of one Director under Section 9(3)(f) of Banking
dh /kkjk 9¼3½¼,Q½ ds rgr ,d funs'kd dk in] tks cSad cksMZ esa Companies (Acquisition and Transfer of Undertakings) Act,
fjä Fkk] cSad ds deZpkfj;ksa esa ls gksuk pkfg,] tks vkS|ksfxd fookn 1970, from among the employees of the Bank who are
not workmen under clause (s) of section 2 of the Industrial
vf/kfu;e] 1947 ¼1947 dk 14½ dh /kkjk 2 ds [kaM ¼Mksa½ ds varxZr
Disputes Act, 1947 (14 of 1947), to be nominated by the
dkexkj ugha gSa] ftls fjtoZ cSad ls ijke'kZ ds ckn dsaæ ljdkj Central Government after consultation with the Reserve
}kjk ukfer fd;k tkuk gSA Bank, was vacant on the Board of the Bank.
3- cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 3. The position of one Director under Section 9(3)(g) of
dh /kkjk 9¼3½¼th½ ds rgr ,d funs'kd dk in] tks cSad ds cksMZ esa the Banking Companies (Acquisition and Transfer of
fjä Fkk] ,d funs'kd tks de ls de iaæg lky ls pkVZMZ ,dkmaVsaV Undertakings) Act, 1970, who has been a Chartered
jgk gks] fjtoZ cSad ls ijke'kZ ds ckn dsaæ ljdkj }kjk ukfer fd;k Accountant for not less than fifteen years to be nominated
by the Central Government after consultation with the
tkuk gSA Reserve Bank, was vacant on the Board of the Bank.
4- cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 4. The positions of two Directors under Section 9(3)(h) of
the Banking Companies (Acquisition and Transfer of
dh /kkjk 9¼3½¼,p½ ds rgr nks funs'kdksa ds in] tks cSad ds cksMZ esa
Undertakings) Act, 1970, to be nominated by the Central
fjä Fks] dsaæ ljdkj }kjk ukfer fd, tkus gSaA Government, were vacant on the Board of the Bank.
5- Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼lwphdj.k ck/;rk,a vkSj 5. As per the Regulation 18 of the Securities and Exchange
izdVhdj.k dh vis{kk,¡½ fofu;e] 2015 ds fofu;e 18 ds vuqlkj Board of India (Listing Obligations and Disclosure
requirements) Regulations, 2015 - Due to the existing
& cksMZ esa ekStwnk fjfä;ksa ds dkj.k] 01-04-2021 ls 31-03-2022
vacancies on the Board, two–thirds of the members of the
rd dh vof/k ds nkSjku ys[kkijh{kk lfefr ds nks&frgkbZ lnL; Audit Committee were not Independent, during the period
Lora=k ugha FksA from 01.04.2021 to 31.03.2022.
6- Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼lwphdj.k ck/;rk,a vkSj 6. As per the Regulation 17 (1) (b) of the Securities and
izdVhdj.k dh vis{kk,¡½ fofu;e] 2015 ds fofu;e 17 ¼1½ ¼ch½ Exchange Board of India (Listing Obligations and Disclosure
ds vuqlkj] tgka lwphc) bdkbZ ds ikl fu;fer xSj&dk;Zdkjh Requirements) Regulations, 2015, where the listed entity
v/;{k ugha gS] funs'kd eaMy esa de ls de vk/ks Lora=k funs'kd does not have a regular non-executive chairperson, at least
half of the Board of Directors shall comprise of Independent
'kkfey gksaxs & cksMZ esa ekStwnk fjfä;ksa ds dkj.k] 01-04-2021 ls
Directors - Due to the existing vacancies on the Board, the
31-03-2022 dh vof/k ds nkSjku cksMZ esa Lora=k funs'kdksa dh la[;k number of Independent Directors on the Board was less
dqy la[;k ds ipkl izfr'kr ls de FkhA than fifty percent of the total strength during the period
from 01.04.2021 to 31.03.2022.
176
ge vkxs lwfpr djrs gSa fd cSad] cSaddkjh daiuh ¼miØeksa dk vtZu We further report that the Bank is incorporated under the
vkSj varj.k½ vf/kfu;e] 1970 ds varxZr fuxfer gS] vkSj dkWjiksjsV Banking Companies (Acquisition and Transfer of Undertakings)
Act, 1970 and the provisions related to corporate governance
vfHk'kklu vkSj cksMZ dh lajpuk gsrq rFkk cSad ij ykxw gksus ls lacaf/kr and composition of Board as applicable to the Bank are
izko/kku jk"Vªh;Ñr cSad ¼izca/ku vkSj fofo/k izko/kku½ ;kstuk] 1970 ds provided in the Banking Companies (Acquisition and Transfer
lkFk ifBr cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] of Undertakings) Act, 1970 read with The Nationalized Banks
1970 esa fn, x, gSaA (Management and Miscellaneous Provisions) Scheme, 1970.
cSad ds cksMZ esa X;kjg ¼11½ funs'kd gSa ftuesa ,d ¼1½ izca/k There are Eleven (11) Directors on the Board of the Bank
funs'kd vkSj lhbZvks vkSj pkj ¼4½ dk;Zikyd funs'kd] nks ¼2½ comprising of one (1) Managing Director & CEO and four (4)
xSj&dk;Zikyd funs'kd ftuesa ls ,d funs'kd dsaæ ljdkj dk Executive Directors, Two (2) Non-Executive Directors – One
vfèkdkjh gksus ds ukrs dsaæ ljdkj }kjk ukfer fd;k tkrk gS vkSj Director being official of the Central Government nominated
by the Central Government and one director nominated by the
,d funs'kd Hkkjrh; fjtoZ cSad dh vuq'kalk ij dsaæ ljdkj Central Government on the recommendation of the Reserve
}kjk ukfer fd;k tkrk gSA cksMZ esa nks ¼2½ va'kdkfyd xSj&ljdkjh Bank of India. The Board also includes, Two (2) Part-Time Non-
funs'kd ¼xSj& dk;Zikyd&¼Lora=k½½ vkSj nks ¼2½ 'ks;j/kkjd funs'kd Official Directors (Non-Executive – (Independent) and Two (2)
¼xSj& dk;Zikyd&¼Lora=k½½ Hkh 'kkfey gSaA Shareholders Directors (Non-Executive – (Independent).
tSlk dh Åij o£.kr gS cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ The Board of Directors of the Bank is duly constituted except
vf/kfu;e] 1970 ds rgr ;Fkk visf{kr cSad ds funs'kd eaMy esa fu£n"V for non-appointment/nomination of requisite number of
funs'kdksa dh xSj&fu;qfä@ukekadu dh vko';d la[;k dks NksM+dj specified Directors on the Board of Directors of the Bank as
required under Banking Companies (Acquisition and Transfer of
cSad ds funs'kd eaMy dk fof/kor xBu fd;k x;k gSA leh{kk/khu vof/k Undertakings) Act, 1970 as mentioned above. The changes in
ds nkSjku gq, funs'kd eaMy dh lajpuk esa ifjorZu iwoZ dfFkr dkuwuksa the composition of the Board of Directors that took place during
ds izko/kkuksa ds vuqikyu esa fd, x, FksA the period under review were carried out in compliance with
the provisions of the aforesaid Laws.
Generally, adequate notice is given to all Directors to schedule
lkekU;r%] lHkh funs'kdksa dks cksMZ dh cSBdsa fu/kkZfjr djus ds fy,
the Board Meetings, agenda and detailed notes on agenda
i;kZIr uksfVl fn;k tkrk gS] dk;Zlwph vkSj dk;Zlwph ij foLr`r uksV were sent at least seven days in advance, and a system exists
de ls de lkr fnu igys Hkst fn, tkrs gSa] cSBd ls igys dk;Zlwph for seeking and obtaining further information and clarifications
enksa ij vkSj tkudkjh vkSj Li"Vhdj.k izkIr djus vkSj cSBd esa lkFkZd on the agenda items before the meeting and for meaningful
Hkkxhnkjh ds fy, ,d iz.kkyh ekStwn gSA participation at the meeting.
cksMZ ds fu.kZ; cgqer ls fy, tkrs gSa tcfd vlarq"V lnL;ksa ds fopkjksa The decision of the Board is carried through majority while the
dks] ;fn dksbZ gks] cSBd ds dk;Zo`Ùk ds ,d Hkkx ds :i esa ntZ vkSj dissenting members’ views are captured and recorded as part
of the Minutes, if any.
vfHkys[kc) fd;k tkrk gSA
We further report that there are adequate systems and
ge vkxs lwfpr djrs gSa fd ykxw dkuwuksa] fu;eksa] fofu;eksa vkSj processes in the Bank commensurate with the size and
fn'kkfunsZ'kksa dh fuxjkuh vkSj vuqikyu lqfuf'Pkr djus ds fy, cSad ds operations of the Bank to monitor and ensure compliance with
vkdkj vkSj lapkyu ds vuq:i cSad esa i;kZIr iz.kkfy;ka vkSj izfØ;k,a applicable laws, rules, regulations and guidelines.
gSaA
We further report that
ge vkxs lwfpr djrs gSa fd%
1. During the audit period, the Bank has issued and allotted
1- ys[kkijh{kk vof/k ds nkSjku] cSad us lsch ¼iwath fuxZeu vkSj 53,33,33,333 Equity Shares of Face Value Rs. 2/- each at
a price of Rs. 33.75 per equity share aggregating to Rs.
izdVhdj.k vis{kk,a½ fofu;eu 2018 ds v/;k; VI] cSaddkjh 1799,99,99,988.75 (Rupees One Thousand Seven Hundred
daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] 1970 cSa¯dx Ninety Nine Crore Ninety Nine Lakhs Ninety Nine Thousand
fofu;eu vf/kfu;e] 1949¼cSad ij ykxw gksus dh lhek rd½] iatkc Nine Hundred Eighty Eight and Paisa Seventy Five only)
uS'kuy cSad ¼'ks;j vkSj cSBdsa½ fofu;e] 2000] vkSj jk"Vªh;Ñr under Qualified Institutional Placement in accordance with
cSad ¼izca/ku vkSj fofo/k izko/kku½ ;kstuk] 1970 ds vuqlkj ;ksX; the Chapter VI of the SEBI (Issue of Capital and Disclosure
Requirements) Regulations, 2018, Banking Companies
laLFkkxr IyslesaV ds rgr #- 33-75 izfr bfDoVh 'ks;j ds dqy
(Acquisition and Transfer of Undertakings) Act, 1970, The
#i;s 1799]99]99]988-75 ¼,d gtkj lkr lks fuU;kuos djksM+ Banking Regulations Act, 1949 (to the extent applicable
fuU;kuos yk[k fuU;kuos gtkj uks lks vBklh #i;s rFkk ipÙkj to the Bank), The Punjab National Bank (Shares and
iSls½ djksM+ ds izfr 2@& #i;s ds vafdr ewY; ds 53]33]33]333 Meetings) Regulations, 2000, and The Nationalized Banks
bfDoVh 'ks;j tkjh vkSj vkoafVr fd, gSaA (Management and Miscellaneous Provisions) Scheme,
1970.
177
2- 31 ekpZ] 2022 dks lekIr foÙkh; o"kZ ds nkSjku] cSad us futh 2. During the financial year ended March 31,2022, the Bank
IyslesaV ds vk/kkj ij fuEufyf[kr _.k fy[kr tkjh fd, gSa% has issued the following Debt Instruments on private
placement basis:
 #-1 djksM+ izR;sd ds vafdr ewY; ds dqy feykdj 1919  Basel III Compliant Tier II Bonds of Face Value of Rs. 1
djksM+ #i;s ds csly III vuqikyu fV;j II ckaM leewY; ij Crore each issued at par aggregating to Rs. 1919 Crore.
tkjh fd, x,A
 #-1 djksM+ izR;sd ds vafdr ewY; ds dqy feykdj #- 2000  Basel III Compliant Additional Tier I (Perpetual)
djksM+ ds csly III vuqikyd vfrfjä fV;j II ¼LFkk;h½ Bonds of Face Value of Rs. 1 Crore each issued at par
aggregating to Rs. 2000 Crore.
ckaM leewY; ij tkjh fd, x,A
 #-1 djksM+ izR;sd ds vafdr ewY; ds dqy feykdj #- 1971  Basel III Compliant Additional Tier I (Perpetual)
djksM+ ds csly III vuqikyd vfrfjä fV;j I ¼LFkk;h½ ckaM Bonds of Face Value of Rs. 1 Crore each issued at par
leewY; ij tkjh fd, x,A aggregating to Rs. 1971 Crore.
3- 31 ekpZ] 2022 dks lekIr foÙkh; o"kZ ds nkSjku] cSad us fu;ked 3. During the financial year ended March 31, 2022, the Bank
naM ds :i esa dqy 3]80]00]000@& #i;s ¼rhu djksM+ vLlh yk[k has paid a total amount of Rs. 3,80,00,000/- (Rupees Three
#i;s½ dk Hkqxrku fd;k gSA Crore and Eighty Lakhs) towards Regulatory Penalties.
Ñrs vxzoky ,l- ,oa ,lksfl,V~l For Agarwal S. & Associates,

daiuh lfpo] Company Secretaries,
vkbZlh,lvkbZ fof'k"V dksM% P2003DE049100 ICSI Unique Code: P2003DE049100
ih;j fjO;w l£VfQdsV uacj% 626@2019 Peer Review Cert. No.: 626/2019
daiuh lfpo xfjek xzksoj CS Garima Grover

,lh,l la-% 27100 ACS No.: 27100
C P No.: 23626
lh-ih-la-% 23626
LFkku% ubZ fnYyh Place: New Delhi
fnukad % 10-05-2022 Date: 10.05.2022
;wMhvkbZ,u% A027100D000298569 UDIN: A027100D000298569
uksV% bl fjiksVZ dks gekjs blh frfFk ds i=k ds lkFk i<+k tk, tks Note: This report is to be read with our letter of even date which
is annexed as “Annexure A” and forms an integral part of this
^^vuqyXud ,** ds :i esa layXu gS vkSj bl fjiksVZ dk vfHkUUk vax gSA report.
178
vuqyXud & ,** Annexure – A”
lsok esa] To,
lnL;x.k] The Members,
iatkc uS'kuy cSad] Punjab National Bank.
blh frfFk dh gekjh fjiksVZ dks bl i=k ds lkFk i<+k tk,A Our report of even date is to be read along with this letter.
1- lfpoh; fjdkWMZ dk j[kj[kko cSad ds izca/ku dh ftEesnkjh gSA 1. Maintenance of secretarial records is the responsibility
gekjh ftEesnkjh ys[kkijh{kk gsrq gekjs le{k izLrqr fd, x, of the management of the Bank. Our Responsibility is to
express an opinion on these secretarial records, based on
vfHkys[kksa ds gekjs fujh{k.k ds vk/kkj ij bu lfpoh; fjdkWMZ ij
our inspection of records produced before us for Audit.
vius er izLrqr djuk gSA
2- geus ys[kkijh{kk izfØ;kvksa ,oa izFkkvksa dk ikyu fd;k gS tks 2. We have followed the audit practices and processes as
were appropriate to obtain reasonable assurance about
lfpoh; fjdkWMZ dh fo"k;oLrq dh lR;rk ds laca/k esa mfpr
the correctness of the contents of the secretarial records.
vk'oklu izkIr djus ds fy, mi;qä FksA lR;kiu ijh{k.k ds The verification was done on test basis to ensure that
vk/kkj ij fd;k x;k Fkk rkfd ;g lqfuf'Pkr fd;k tk lds fd correct facts are reflected in secretarial records. We believe
lfpoh; fjdkWMZ esa lgh rF; ifjyf{kr gks jgs gSaA ge ekurs gSa fd that the processes and practices, we followed provide a
gekjs }kjk viukbZ xbZ izfØ;k,a ,oa izFkk,a] gesa gekjh jk; ds fy, reasonable basis for our opinion.
,d mfpr vk/kkj iznku djrh gSaA
3. We have not verified the correctness and appropriateness
3- geus cSad ds foÙkh; fjdkWMZ vkSj [kkrk&cfg;ksa dh lR;rk rFkk
of financial records and Books of Accounts of the Bank
mi;qärk dk lR;kiu ugha fd;k gS vkSj gekjh fjiksVZ esa vU; and our report is not covering observations/comments/
ys[kkijh[kdksa }kjk mfYyf[kr folaxfr;[email protected];ksa@deh;ksa dks weaknesses already pointed out by the other Auditors.
'kkfey ugha fd;k x;k gSA
4- tgka dgha Hkh vko';d gks] geus dkuwuksa] fu;eksa vkSj fofu;eksa rFkk 4. Wherever required, we have obtained the Management
representation about the compliance of laws, rules and
?kVukvksa ds ?kfVr gksus vkfn ds vuqikyu ds laca/k esa izca/ku dk
regulations, happening of events, etc.
izfrfuf/kRo izkIr fd;k gSA
5- dkWiksZjsV vkSj vU; ykxw dkuwuksa] fu;eksa] fofu;eksa] ekudksa ds 5. The Compliance of the provisions of corporate and
izkoèkkuksa dk vuqikyu] izca/ku dh ftEesnkjh gSA gekjh tk¡p other applicable laws, rules, regulations, standards is
ijh{k.k ds vk/kkj ij izfØ;kvksa ds lR;kiu rd lhfer Fkh vkSj the responsibility of management. Our examination was
cSad esa mfpr cksMZ izfØ;k ,oa vuqikyu ys[k dk;Zjr gS ;k ugha bl limited to the verification of procedures on test basis
ij gekjh jk; nsukA and to give our opinion whether Bank has proper Board-
processes and Compliance-mechanism in place or not.
6- lfpoh; ys[kkijh{kk fjiksVZ u rks cSad dh Hkkoh vFkZ{kerk dk vkSj u 6. The Secretarial Audit Report is neither an assurance
gh {kerk ;k izHkko'khyrk dk vk'oklu gS] ftlds lkFk izca/ku us as to future viability of the Bank nor of the efficacy or
cSad ds dk;Z fd, gSaA effectiveness with which the management has conducted
the affairs of the Bank.
For Agarwal S. & Associates,

Ñrs vxzoky ,l- ,oa ,lksfl,V~l
Company Secretaries,
daiuh lfpo]
ICSI Unique Code: P2003DE049100
vkbZlh,lvkbZ fof'k"V dksM% P2003DE049100
Peer Review Cert. No.: 626/2019
ih;j fjO;w l£VfQdsV uacj% 626@2019
CS Garima Grover
daiuh lfpo xfjek xzksoj ACS No.: 27100
,lh,l la-% 27100 C P No.: 23626
lh-ih-la-% 23626
LFkku% ubZ fnYyh Place: New Delhi
fnukad % 10-05-2022 Date: 10.05.2022
179
funs'kdksa dh xSj & v;ksX;rk dk izek.ki=k
lsch [lwphc) ck/;rk,a vkSj izdVhdj.k vis{kk,a]
fofu;e] 2015 ds 34¼3½ vkSj vuqlwph V vuqPNsn lh [kaM ¼10½ ¼i½ ds vuqlj.k esa½
lsok esa]
lnL;x.k
iatkc uS'kuy cSad
IykV la- 4] lsDVj 10] }kjdk]
ubZ fnYyh & 110075
geus iatkc uS'kuy cSad ftldk iz/kku dk;kZy; IykV uacj 4] lsDVj 10] }kjdk] ubZ fnYyh& 110075 ¼ftls ;gk¡ vkxs ^cSad* dgk x;k
gS½ esa fLFkr gS] ds funs'kdksa ls izkIr lacaf/kr jftLVj] fjdkWMZ] QeZ] fjVuZ vkSj izdVhdj.k dh tk¡p dh gS] ftls cSad }kjk gekjs le{k Hkkjrh; izfrHkwfr
vkSj fofue; cksMZ [lwphc)rk ¼fy¯LVx½ ck/;rk,a vkSj izdVhdj.k vis{kk,a] fofu;e 2015 dh vuqlwph V vuqPNsn lh mi&[kaM ¼10½ ¼i½ ds lkFk ifBr
fofu;e 34¼3½ ds vuqlkj ;g izek.ki=k tkjh fd, tkus ds mís'; ls izLrqr fd;k x;k FkkA
gekjh jk; esa vkSj gekjh loksZÙke tkudkjh ds vuqlkj vkSj ;Fkko';d lR;kiu tSlk vko';d leÖkk tk, ¼iksVZy www.mca.gov.in ij funs'kdksa
dh igpku la[;k ¼MhvkbZ,u½ dh fLFkfr lfgr½ vkSj cSad rFkk blds funs'kdksa@vf/kdkfj;ksa }kjk izLrqr Li"Vhdj.k@vH;kosnu ds vuqlkj] ge
,rn~n~okjk izekf.kr djrs gSa fd 31 ekpZ 2022 dks lekIr foÙkh; o"kZ ds fy, cSad ds cksMZ ds fuEufyf[kr funs'kdksa esa ls fdlh dks Hkh Hkkjrh; izfrHkwfr
vkSj fofue; cksMZ] dkWjiksjsV dk;Z ea=kky;] ;k ,sls fdlh vU; lkafof/kd izkf/kdj.k }kjk daifu;ksa ds funs'kd ds :i esa fu;qä gksus ;k cus j[kus ls
ugha jksdk x;k gS ;k v;ksX; ?kksf"kr ugha fd;k x;k gS%
Ø- la- funs'kd dk uke MhvkbZ,u cSad esa fu;qfä dh rkjh[k
1 vrqy dqekj xks;y 07266897 1 Qjojh] 2022
2 lat; dqekj 06741352 1 vizSy] 2020
3 fot; nqcs 09107884 1 vizSy] 2020
4 Lo:i dqekj lkgk 08963678 10 ekpZ] 2021
5 dY;k.k dqekj - 21 vDVwcj] 2021
6 iadt tSu 00675922 8 vxLr] 2019
7 vfuy dqekj feJk 08066460 25 Qjojh] 2022
8 iadt tks'kh 06385037 21 fnlacj] 2021
9 latho dqekj ¯l?ky 00162680 21 fnlacj] 2021
10 xkSre xqgk 06894434 18 ekpZ] 2021
11 js[kk tSu 01586688 12 flracj] 2021
cksMZ esa izR;sd funs'kd dh fu;qfä@ fujarjrk ds fy, ik=krk lqfuf'Pkr djuk cSad ds izca/ku dh ftEesnkjh gSA gekjh ftEesnkjh gS fd ge vius
lR;kiu ds vk/kkj ij bu ij viuk er O;ä djsaA ;g izek.ki=k u rks cSad dh Hkkoh O;ogk;Zrk dk vkSj u gh ml n{krk ;k izHkko'khyrk dk vk'oklu
gS] ftlds lkFk izca/k&oxZ us cSad dk dk;Z lapkyu fd;k gSA
Ñrs vxzoky ,l- ,aM ,lksfl,V
daiuh lfpo
vkbZlh,lvkbZ fof'k"V dksM% P2003DE049100
led{k leh{kk izek.ki=k la[;k% 626@2019
LFkku% ubZ fnYyh lh,l xfjek xzksoj

fnukad % 10-05-2022 ,lh,l la-% 27100
;wMhvkbZ,u% A027100D000298657 lh-ih-la-% 23626
180
CERTIFICATE OF NON-DISQUALIFICATION OF DIRECTORS
(Pursuant to Regulation 34(3) and Schedule V Para C clause (10) (i) of
the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015)
To,
The Members of
Punjab National Bank
Plot No. 4, Sector 10, Dwarka,
New Delhi 110075
We have examined the relevant registers, records, forms, returns and disclosure received from the Directors of Punjab National
Bank, having head office at Plot No. 4, Sector 10, Dwarka, New Delhi 110075 (hereinafter referred to as ‘the Bank’), produced before
us by the Bank for the purpose of issuing this Certificate, in accordance with Regulation 34(3) read with Schedule V Para-C Sub clause
10 (i) of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
In our opinion and to the best of our information and according to the verifications (including Directors Identification Number
(DIN) status at the portal www.mca.gov.in) as considered necessary and explanations/representations furnished by the Bank &
its Director/ officers, We hereby certify that none of the Directors on the Board of the Bank as stated below for the Financial Year
ending on 31st March, 2022 have been debarred or disqualified from being appointed or continuing as Directors of companies by the
Securities and Exchange Board of India, Ministry of Corporate Affairs, or any other such Statutory Authority:
Sr. No. Name of Director DIN Date of appointment in Bank

1 Atul Kumar Goel 07266897 01st February, 2022
2 Sanjay Kumar 06741352 01st April, 2020
3 Vijay Dube 09107884 01st April, 2020
4 Swarup Kumar Saha 08963678 10th March, 2021
5 Kalyan Kumar - 21st October, 2021
6 Pankaj Jain 00675922 08th August, 2019
7 Anil Kumar Misra 08066460 25th February, 2022
8 Pankaj Joshi 06385037 21st December, 2021
9 Sanjeev Kumar Singhal 00162680 21st December, 2021
10 Gautam Guha 06894434 18th March, 2021
11 Rekha Jain 01586688 12th September, 2021
Ensuring the eligibility of the appointment/ continuity of every Director on the Board is the responsibility of the management of the
Bank. Our responsibility is to express an opinion on these, based on our verification. This certificate is neither an assurance as to the
future viability of the Bank nor of the efficiency or effectiveness with which the management has conducted the affairs of the Bank.
For Agarwal S. & Associates,
Company Secretaries,
ICSI Unique Code: P2003DE049100
Peer Review Cert. No.: 626/2019
Place: New Delhi CS Garima Grover

Date: 10.05.2022 ACS No.: 27100
UDIN: A027100D000298657 C P No.: 23626
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dkjksckj mÙkjnkf;Ro fjiksVZ
Business Responsibility Report
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dkjksckj mÙkjnkf;Ro fjiksVZ Business Responsibility Report
[kaM ,% cSad ds fo"k; esa lkekU; lwpuk Section A: General Information about the Bank
1- cSad dh dkWiksZjsV igpku la[;k ykxw ugha 1. Corporate Identity Number Not Applicable
¼lhvkbZ,u½ (CIN) of the Bank
2- cSad dk uke iatkc uS'kuy cSad 2. Name of the Bank Punjab National Bank
3- dkWiksZjsV dk;kZy; dk irk iatkc uS'kuy cSad] 3. Corporate Office Address Punjab National Bank,
dkWiksZjsV dk;kZy;] Corporate Office,
IykWV la- 4] lsDVj&10] Plot No 4, Sector-10,
}kjdk] ubZ Dwarka, New Delhi-110075
fnYyh&110075 4. Website www.pnbindia.in
4- osclkbV www.pnbindia.in
5. E-mail id [email protected],
5- bZ&esy vkbZMh [email protected],
[email protected]
[email protected]
6- fjiksVZ fd;k tkus okyk foÙkh; o"kZ foÙk o"kZ 2021&22 6. Financial Year reported FY 2021-22
7. Sector(s) that the Bank is engaged in
7- cSad ftu {ks=k ¼=kksa½ esa 'kkfey gS
Ø-la- {ks=k S.No. Sectors
i. cSa¯dx lsok,a i. Banking Services
ii. ljdkjh dkjksckj ii. Government Business
iii. Ñf"k cSa¯dx iii. Agriculture Banking
iv. [kqnjk cSa¯dx iv. Retail Banking
v. Vªstjh vkWijs'ku v. Treasury Operations
vi. dkWiksZjsV cSa¯dx vi. Corporate Banking
vii. vii. Merchant Banking
eps±V cSa¯dx
viii. varjkZ"Vªh; cSa¯dx viii. International Banking
ix. ,tsalh dkjksckj& chek] E;wpqvy QaM] ix. Agency Business- Insurance, Mutual Funds,
fMikWftVjh lsok,a vkfn Depository Services etc.
8- rhu izeq[k mRikn@lsok,a crk,a tks cSad fu£er djrk gS@ 8. List three key products/services that the Bank
manufactures/provides (as in balance sheet)
miyC/k djkrk gS ¼rqyu&i=k ds vuqlkj½
cSad fuEufyf[kr lsok,¡ iznku djrk gS% Bank provides the following services:
I. tekjkf'k;ksa esa pkyw tekjkf'k;ka] cpr tekjkf'k;ka] lkof/k I. Deposits include Current Deposits, Savings Deposits, Fixed
Deposits, Capital Gain Account Scheme, Gold Monetization
tekjkf'k;ka] iwath ykHk [kkrk ;kstuk] Lo.kZ eqæhdj.k ;kstuk
Scheme etc.
bR;kfn 'kkfey gSaA
II. Loans and Advances include:
II. _.kksa ,oa vfxzeksa esa 'kkfey gSa%
a. Retail loans: Housing Loan, Vehicle Loan, Education
,½ [kqnjk _.k% vkokl _.k] okgu _.k] f'k{kk _.k]
Loan, Personal loan, Loan against property, Loan
O;fäxr _.k] lEifÙk ij _.k] jkf"Vªd Lo.kZ ckaM ij _.k against Sovereign Gold Bond.
vkfnA
b. Agriculture Loans: PNB Kisan Tatkal Rin Yojana, PNB
ch½ Ñf"k _.k% ih,uch fdlku rRdky _.k ;kstuk] ih,uch Krishak Sathi Scheme (KSS), PNB Krishi Card, PNB
Ñ"kd lkFkh ;kstuk ¼ds,l,l½] ih,uch Ñf"k dkMZ] ih,uch Sona Krishi Rin Yojana, PNB Gram Uday Scheme,
lksuk Ñf"k _.k ;kstuk] ih,uch xzke mn; ;kstuk] Ñf"k Farm Mechanization Scheme, Pradhan Mantri
e'khuhdj.k ;kstuk] iz/kkuea=kh lw{e [kk| m|ksx mUUk;u Formalisation of Micro Food Processing Enterprise
;kstuk ¼ih,e&,Q+,ebZ½ ;kstukA (PMFME) scheme.
lh½ ,e,l,ebZ _.k% eqæk _.k] ih,e Lofuf/k] ih,uch c. MSME Loans: MUDRA Loan, PM SVanidhi, PNB
xkjaVhÑr vkikrdkyhu _.k O;oLFkk] ih,uch vkikrh Guaranteed Emergency Credit Line, PNB Standby Line
_.k O;oLFkk] ih,uch bZ&xksnke] ih,uch bZ&eqæk ;kstuk] of Credit, PNB e-Godam, PNB e-Mudra Scheme, PNB
184
ih,uch th,lVh ,Dlizsl] ,e,l,ebZ izkbe Iyl] ih,uch GST Express, MSME Prime plus, PNB Shikhar Scheme,
f'k[kj ;kstuk] ih,uch y?kq m|eh ØsfMV dkMZ] LVSaM vi PNB Laghu Udyami Credit Card, Standup India etc,.
bf.M;k bR;kfnA
Mh½ dkWiksZjsV _.k% :QVkWi ihoh lkSj mtkZ ifj;kstuk,¡] d. Corporate Loans: Rooftop PV Solar Power Projects,
Loans against Future Lease Rentals, Working Capital
¶;wpj yht jsaVy ij _.k] dk;Z'khy iwath foÙkiks"k.k]
financing, Project Finance & Infrastructure Finance,
ifj;kstuk foÙkiks"k.k] cqfu;knh <kapk foÙkiks"k.k] fe;knh Term loans, Export Finance, Bill Financing, Financing
_.k] fu;kZr foÙkiks"k.k] fcy foÙkiks"k.k] Hkfo"; izkfIr;kas ij Against Future Receivables, Short Term Loan.
foÙkiks"k.k] vYidkyhu _.kA
III. Other Products/Services
III. vU; mRikn@lsok,a a. Cash Management Services
,- udnh izcU/ku lsok,a b. Export/Import Finance
ch- fu;kZr@vk;kr foÙkiks"k.k c. Gold Card Scheme for exporters
lhfu;kZrdksa ds fy, Lo.kZ dkMZ ;kstuk
d. Doorstep Banking Services
Mh- MksjLVsi cSa¯dx lsok,a
e. Mutual Funds
bZ- E;wpqvy Q.M
f. Depository Services
,Q- fMikWftVjh lsok,a
g. Merchant Banking
th- eps±V cSa¯dx
,p- fo'o ;k=kk dkMZ h. World Travel Card
vkbZ- ,uvkjvkbZ lsok,a i. NRI Services

ts- ØsfMV@MsfcV dkMZ dkjksckj j. Credit/Debit Card Business
ds- chek lsok,a k. Insurance Services
,y- vkWuykbu Vªs¯Mx l. Online Trading
,e- fMftVy cSa¯dx lsok,a m. Digital Banking Services
,u- ykWdlZ n. Lockers
vks- vo#) jkf'k }kjk le£Fkr vkosnu o. Application Supported by Blocked Amount.
9- LFkkuksa dh dqy la[;k tgk¡ cSad }kjk dkjksckjh xfrfof/k;k¡ 9. Total number of locations where business activity is
lapkfyr dh tk jgh gSa undertaken by the Bank
,- varjkZ"Vªh; LFkkuksa dh la[;k ¼izeq[k LFkkuksa ds a. Number of International Locations (Provide details
fooj.k iznku djsa½ of major Locations)
cSad dh fuEufyf[kr ns'kksa esa fons'kh 'kk[kkvksa@vuq"kaxh@lgHkkxh@ Bank has presence in the following countries by way of
la;qä m|e ds :i esa mifLFkfr gS%& Overseas branches/Subsidiary/Associates/Joint Ventures:-
Ø- fuxeu laLFkk dk LokfeRo dk S. Name of the Country of Nature of Proportion of

laLFkk dk uke
la- jk"Vª Lo:i vuqikr % No. Entity Incorporation Entity Ownership %
1 ih,uch baVjus'kuy fyfeVsM ;wds vuq"kaxh 100.00% 1 PNB International UK Subsidiary 100.00%
51.00% Limited
2 Mªd ih,uch cSad fyfeVsM HkwVku vuq"kaxh
2 Druk PNB Bank Ltd. Bhutan Subsidiary 51.00%
3 ,osjsLV cSad fyfeVsM usiky la;qä m|e 20.03% 3 Everest Bank Ltd Nepal Joint 20.03%
4 ts,llh Vsaxjh cSad* dtkfdLrku lg;ksxh 41.64% Venture
4 JSC Tengri Bank Kazakhstan Associate 41.64%
5 'kk@dk% gkaxdkax gkaxdkax 'kk[kk 100.00%
5 BO: Hong Kong Hong Kong Branch 100.00%
6 'kk@dk% nqcbZ nqcbZ 'kk[kk 100.00% 6 BO: Dubai Dubai Branch 100.00%
*foÙkh; cktkj ds fofu;eu vkSj fodkl ds fy, dtkfdLrku x.kjkT; dh ,tsalh *Agency of Republic of Kazakhstan for Regulation and Development
¼,,Qvkj½ us 18 flracj 2020 ls izfrHkwfr cktkj esa cSa¯dx] vU; lapkyu vkSj of Financial Market (AFR) revoked license of JSC Tengri Bank with
xfrfofèk;ksa dk lapkyu djus ds fy, ts,llh Vsaxjh cSad dk ykblsal jí dj fn;k vkSj effect from 18th September 2020 to conduct Banking, other operations
vLFkk;h iz'kkld dks fu;qä fd;kA and activities in the securities market and appointed Temporary
Administrator.
185
ch- jk"Vªh; LFkkuksa dh la[;k b. Number of National Locations:
PNB has 24 Zonal Offices (ZOs), 162 Circle Offices, 10,098
31 ekpZ 2022 dks ih,uch ds 24 vapy dk;kZy; ¼tsMvks½] 162 General Banking Branches (including CBB, LCBs etc.) as on
eaMy dk;kZy;] 10]098 lkekU; cSa¯dx 'kk[kk,a ¼lhchch] ,ylhch 31st March, 2022. Bank has 4 Domestic Subsidiaries and 13
vkfn½ gSaA cSad dh 4 ?kjsyw vuq"kaxh vkSj 13 ?kjsyw lg;ksxh gSaA Domestic Associates.
10- cSad }kjk lsfor ckt+kj & LFkkuh;@jkT;@jk"Vªh;@ 10. Markets served by the Bank– Local/State/National/
varjkZ"Vªh; International
Bank provides services at both National and International
cSad nksuksa jk"Vªh; ,oa varjkZ"Vªh; Lrj ij lsok,¡ iznku djrk gSA level.
Section B: Financial Details of the Bank

[kaM ch % cSad ds foÙkh; fooj.k
I. pqdrk iwath ¼#i;s½ #- 2]202 djksM+ I. Paid up Capital (INR) Rs. 2,202 Crore
II. Total Business (INR) Rs. 19,31,322 Crore
II. dqy dkjksckj ¼#i;s½ #- 19]31]322 djksM+
III. Total Profit after Tax (INR) Rs. 3,457 Crore
III. dj i'Pkkr~ dqy ykHk ¼#i;s½ #- 3]457 djksM+
IV. dj i'Pkkr ykHk ds izfr'kr ¼%½ ds :i esa fuxfer lkekftd IV. Total Spending on Corporate Social Responsibility (CSR) as
mÙkjnkf;Ro ¼lh,lvkj½ ij fd;k x;k dqy O;; percentage of profit after tax (%)
01 vizSy 2021 ls 31 ekpZ] 2022 rd dh vof/k ds nkSjku] dkWiksZjsV During the period from 1st April 2021 to 31st March, 2022, a sum
lkekftd nkf;Ro ¼lh,lvkj½ ij fd;k x;k dqy O;; #- 5019-57 of Rs. 5019.57 Lakh has been incurred on CSR initiatives with
yk[k gS ftldj fooj.k fuEukuqlkj gS% details as under:
O;; dh xbZ jkf'k Amount incurred

S. (Rs. Lakh)
Ø- ¼#- yk[k esa½ Name
uke No. (1st April 2021 to
la- ¼01 vizSy 2021 ls 31st March 2022)
31 ekpZ 2022 rd½
1 Farmers Training Centres (FTCs) 475.72
1 Ñ"kd izf'k{k.k dsaæ ¼,QVhlh½ 475-72
2 Rural Self Employment Training 2753.97
2 xzkeh.k Lojkstxkj izf'k{k.k laLFkku 2753-97 Institutes (RSETIs)
¼vkj,lbZVhvkbZ½ 3 PNB LADLI 8.47
3 ih,uch ykMyh 8-47
4 PNB Kisan Balak Shiksha 47.98
4 ih,uch fdlku ckyd f'k{kk 47-98 Protsahan Yojana
izksRlkgu ;kstuk 5 CSR at Head Office 538.69
5 iz/kku dk;kZy; esa lh,lvkj 538-69
6 CSR at Zonal Office 275.14
6 vapy dk;kZy; esa lh,lvkj 275-14
7 CSR-Rogi Kalyan Samitis 919.60
7 lh,lvkj & jksxh dY;k.k lfefr 919-60
Total 5019.57
dqy 5019-57
V. mu xfrfof/k;ksa dh lwph ftuesa mijksä O;; fd;k x;k gS%& V. List of activities in which above expenditure has been incurred:-
cSad lh,lvkj xfrfofèk;ksa esa izèkku dk;kZy; vapy dk;kZy; ds ekè;e Bank contributes to CSR activities through Head Office, Zonal
ls ;ksxnku nsrk gS vkSj vius lkekftd vkfFkZd fodkl dh igy ih,uch Offices and its socio-economic development initiatives via
fdlku izf'k{k.k dsaæksa ¼,QVhlh½ xzkeh.k Lojkstxkj izf'k{k.k dsUæksa PNB Farmers’ Training Centres (FTCs), Rural Self Employment
¼vkj,lbZVhvkbZ½] ih,uch ykMyh ;kstuk vkfn ds ekè;e ls djrk Training Institutes (RSETIs), PNB Ladli schemes etc.
gSA
,- eq[; lh,lvkj xfrfof/k;ksa dh lwph ftlesa fd, x, O;; a. List of Core CSR activities in which expenditure has been
fuEukuqlkj gS% incurred is as below:
i½ o"kZ 2021&22 ds nkSjku] cSad }kjk lh,lvkj ds rgr i) During the year FY 2021-22, following social welfare
fuEufyf[kr lkekftd dY;k.k xfrfof/k;ka dh xbZa% activities under CSR were taken up by Bank:
• fnO;kax Nk=kksa ds fy, iqjkus okgu dh ekax gsrq ,uthvks& • CSR activity with NGO-Fix my life, Varanasi for
fQDl ekbZ ykbQ] okjk.klh ds lkFk lh,lvkj xfrfof/kA requisition of Old vehicle for divyang students.
186
• vapy dk;kZy; nsgjknwu }kjk dqekÅa jsftesaVy lsaVj dh • Vehicle contributed under CSR for war widows of
;q) esa 'kghnksa dh fo/kokvksa ds fy, lh,lvkj ds rgr Kumaon Regimental centre by ZO Dehradun.
okgu dk ;ksxnkuA
• lkcjerh ckfydk Nk=kkokl] vgenkckn ds LoPNrk CykWd • Renovation of sanitation block of Sabarmati Girls
dk uohuhdj.kA Hostel, Ahmedabad.
• ,uthvks dh enn ls nwljh dksjksuk ygj ds nkSjku • Distribution of oxygen cylinders to the needy during
t:jreanksa dks vkWDlhtu flysaMj dk forj.kA 2nd corona wave with the help of NGO.
• egkekjh ds nkSj esa ,El] fnYyh dks fpfdRlk midj.k& • Distribution of medical equipment-BIPAP machine to
chvkbZih,ih e'khu dk forj.kA AIIMS, Delhi in pandemic phase.
• vle ljdkj dks ?kkrd dksfoM jksx dk eqdkcyk djus ds • Contribution of Rs. 25.00 Lakh to Assam Govt. by ZO
fy, jkT; esa LokLF; ds cqfu;knh <kaps esa lq/kkj dh fn'kk esa Guwahati towards improving health infrastructure in
vapy dk;kZy; xqokgkVh }kjk 25-00 yk[k dk va'knkuA the state to counter deadly COVID disease.
• dksfoM&19 chekjh ds fo#) yM+kbZ esa if'Pke caxky jkT; • Contribution of Rs. 30.00 Lakh to Kolkata for West
vkink izca/ku dks"k ds fy, dksydkrk dks #0 30-00 yk[k Bengal State Disaster Management Fund in fight
dk ;ksxnkuA against COVID-19 disease.
• [ksy dks c<+kok nsus ds mís'; ls cSad dh lh,lvkj • As part of Bank’s CSR commitment towards Promotion
izfrc)rk ds :i esa 29-07-2021 dks VksD;ks vksyafid esa of sports, Rs. 5.00 Lakh as felicitation amount to
jtr ind fotsrk ehjkckbZ pkuw dks #- 5-00 yk[k lEeku Mirabai Chanu, Silver medalist at Tokyo Olympics on
jkf'k ds :i esa nh xbZA 29.07.2021.
• cSad ds 14 vapyksa esa Hkkjrh; fjtoZ cSad }kjk CykWd Lrj • Provision of Rs. 162.90 Lakh for scaling up 181 centres
ij foÙkh; lk{kjrk ds 181 dsaæksa ¼lh,Q,y½ ds izoèkZu gsrq of financial literacy (CFLs) at block level by RBI in 14
162-90 yk[k dk izko/kkuA Zones of the Bank.
• foÙkh; o"kZ 2021&22 ds nkSjku 295 vaxhÑr xkaoksa ds fy, • Rs. 2.95 Crore was allocated under PNB Vikas yojana
ih,uch fodkl ;kstuk ds rgr 2-95 djksM+ #i;s vkcafVr for 295 adopted villages during FY 2021-22, out
fd, x, ftlesa ls 31 ekpZ] 2022 rd #- 95-92 yk[k of which Rs. 95.92 Lakh (approx) were utilized till
31.03.2022.
¼yxHkx½ dk mi;ksx fd;k x;k FkkA
• ,,lvkbZ,Mh foyst lkslkbVh] fnYyh dks bls 150 ikdZ • Approval of Rs. 9,48,800 under CSR TO ASIAD VILLAGE
esa ikSèkksa dks ikuh nsus ds fy, VSªDVj VªkWyh dh [kjhn gsrq Society, Delhi for purchase of tractor, trolley for
watering of plants in its 150 parks.
lh,lvkj ds rgr #- 9]48]800 dh Lohd`frA
• ch,l,Q dSail iykSjk] tEew esa [kqys fte dh LFkkiuk ij • Expenditure of Rs. 3.28 Lakh towards establishing
#0 3-28 yk[k dk O;;A open gymnasium in BSF Campus Paloura, Jammu.
• thlhlh dh *uekDdw uke fFkV~Ve* ;kstuk ds ek/;e ls • Contribution towards development of health
rfeyukMq jkT; esa LokLF; cqfu;knh <kaps ds fodkl esa infrastructure in Tamil Nadu state through ‘Namakku
;ksxnkuA Namme Thittam’ scheme of GCC.
ii) iatkc uS'kuy cSad Hkkjr ds 111 ftyksa esa vxz.kh cSad gS] ftlesa ls ii) Punjab National Bank is the lead Bank in 111 districts of
India, out of which, 8 are aspirational districts. Aspirational
8 vkdka{kh ftys gSaA vkdka{kh ftys Hkkjr ds os ftys gSa] tks [kjkc
Districts are those districts in India, that are affected by poor
lkekftd&vk£Fkd lwpdksa ls izHkkfor gSaA lkekftd :i ls ,d socio-economic indicators. Being a socially responsible
mÙkjnk;h laxBu gksus ds ukrs] gekjs cSad us LokLF; lqfo/kkvksa dks organization, Bank decided to contribute Rs. 20.00 lakhs/-
c<+kus ds fy, izR;sd ftys dks 20-00 yk[k ¼chl yk[k #i;s ek=k½ (Rupees Twenty lakhs only ) plus taxes to each district to
vkSj VSDl dk ;ksxnku djus dk fu.kZ; fy;kA bl igy dk mís'; upscale the healthcare facilities. The initiative is aimed at
ykHkkFkhZ ftyksa esa ekStwnk LokLF; iz.kkyh dks lqfo/kk laiUUk cukdj strengthning the Government’s initiative of Rogi Kalyan
vkSj muds mUUk;u }kjk jksxh dY;k.k lfefr;ksa dh ljdkj dh Samitis by upscaling and upgradation of existing health
igy dks l'kä cukuk gSA bl igy ij dqy 9-19 djksM+ #i;s system in the beneficiary districts. A total of Rs. 9.19 crores
was utilized on this initiative. The initiative saw an active
[kpZ fd, x,A bl igy esa lacafèkr ftyksa esa cSad ds vf/kdkfj;ksa participation of Bank’s officials and local administration/
vkSj LFkkuh; iz'kklu@lh,evks ¼vksa½ dh lfØ; Hkkxhnkjh jghA CMO(s) in the concerned districts.
187
[kaM lh % vU; fooj.k Section C: Other Details
1- D;k cSad dh dksbZ vuq"kaxh daiuh@daifu;ka gS\ 1. Does the Bank have any Subsidiary Company/ Companies?
d- vuq"kafx;k¡ A. Subsidiaries
i. ?kjsyw vuq"kafx;k¡ i. Domestic Subsidiaries
S. No. Name of the Entity Proportion of ownership %
Ø- la- laLFkk dk uke LokfeRo dk vuqikr ¼%½
100.00% 1 PNB Investment Services 100.00%
1 ih,uch bUosLVesaV l£olst Limited
fyfeVsM
74.07% 2 PNB Gilts Limited 74.07%
2 ih,uch fxYV~l fyfeVsM
- 3 PNB Insurance Broking -
3 ih,uch ba';ksjsal czksfdax
Pvt. Ltd.*
izkbosV fyfeVsM*
100.00% 4 PNB Cards and Services 100.00%
4 ih,uch dkM~lZ ,aM l£olst
Limited
fyfeVsM**
*The Company was in voluntary liquidation and capital stands extin-
*daiuh LoSfPNd ifjlekiu esa Fkh vkSj iwath lekIr gks xbZ gS vkSj ifjlekid lekiu
guished and liquidator shall be completing the necessary formalities to
izfØ;k dks iwjk djus ds fy, vko';d vkSipkfjdrk,a iwjh djsxkA
conclude the winding up procedure.
ii. varjkZ"Vªh; vuq"kafx;k¡ ii. International Subsidiaries
Ø- LokfeRo dk S. Country of Proportion of

laLFkk dk uke fuxeu dk ns'k Name of the Entity
la- vuqikr ¼%½ No. Incorporation Ownership %
1 PNB International Ltd. UK 100.00%
1 ih,uch baVjus'kuy fyfeVsM ;wukbVsM ¯dxMe 100.00%
2 Druk PNB Bank Ltd. Bhutan 51.00%
2 Mªd ih,uch cSad fyfeVsM HkwVku 51.00%
[k- ,lksfl,V~l ¼cSad dh fgLlsnkjh 20% ;k mlls vf/kd½ B. Associates: (Bank having 20% or more stake)
i. ?kjsyw lg;ksxh i. Domestic Associates
S. Name of Regional Rural Banks / Other Proportion of
Ø- {ks=kh; xzkeh.k cSadksa@vU; LokfeRo dk
No. Associates Ownership (%)
la- lgHkkfx;ksa ds uke vuqikr ¼%½ 1 Dakshin Bihar Gramin Bank, Patna 35.00%
1 nf{k.k fcgkj xzkeh.k cSad] iVuk 35.00%
2 Sarva Haryana Gramin Bank, Rohtak 35.00%
2 loZ gfj;k.kk xzkeh.k cSad] jksgrd 35.00%
3 Himachal Pradesh Gramin Bank, Mandi 35.00%
3 fgekpy izns'k xzkeh.k cSad] eaMh 35.00%
4 Punjab Gramin Bank, Kapurthala 35.00%
4 iatkc xzkeh.k cSad] diwjFkyk 35.00%
5 Prathama UP Gramin Bank, Meerut 35.00%
5 izFkek ;wih xzkeh.k cSad] esjB 35.00%
6 Assam Gramin Vikas Bank, Assam 35.00%
6 vle xzkeh.k fodkl cSad] vle 35.00%
7 Bangiya Gramin Vikas Bank, West Bengal 35.00%
7 caxh; xzkeh.k fodkl cSad] if'Pke caxky 35.00%
35.00% 8 Manipur Rural Bank, Imphal 35.00%
8 ef.kiqj xzkeh.k cSad] baQky
35.00% 9 Tripura Gramin Bank, Agartala 35.00%
9 f=kiqjk xzkeh.k cSad] vxjryk
32.57% 10 PNB Housing Finance Limited. 32.57%
10 ih,uch gkm¯lx Qkbusal fyfeVsM
11 ih,uch esVykbQ bafM;k ba';ksjsal daiuh fyfeVsM 30.00% 11 PNB Metlife India Insurance Co. Limited 30.00%
12 dSujk ,p,lchlh vkschlh ykbQ ba';ksjsal da-fy- 23.00% 12 Canara HSBC OBC Life Insurance Co. Ltd. 23.00%
13 bafM;k ,l,ebZ ,lsV fjdaLVªD'ku daiuh fyfeVsM 20.90% 13 India SME Asset Reconstruction Co. Ltd 20.90%
ii. International Associates
ii. varjkZ"Vªh; lg;ksxh
Ø- laLFkk@lgHkkfx;ksa fuxeu dk LokfeRo dk S. Name of Entity/ Country of Proportion of
No. Associates incorporation Ownership (%)
la- dkuke ns'k vuqikr ¼%½
1 JSC Tengri Bank* Kazakhstan 41.64%
1 ts,llh Vsaxjh cSad* dt+kfdLrku 41-64% *Agency of Republic of Kazakhstan for Regulation and Development
*foÙkh; cktkj ds fofu;eu vkSj fodkl gsrq dtkfdLrku x.kjkT; dh ,tsalh of Financial Market (AFR) revoked license of JSC Tengri Bank with
¼,,Qvkj½ us 18 flracj 2020 ls izfrHkwfr cktkj esa cSa¯dx] vU; lapkyu vkSj effect from 18th September 2020 to conduct Banking, other operations
xfrfofèk;ksa dk ifjpkyu djus ds fy, ts,llh Vsaxjh cSad dk ykblsal jí dj fn;k and activities in the securities market and appointed Temporary
vkSj vLFkk;h iz'kkld fu;qä fd;kA Administrator.
188
iii. la;qä m|e% varjkZ"Vªh; iii. Joint Venture: International
Ø- laLFkk@ lgHkkfx;ksa dk fuxeu dk LokfeRo dk S. Name of Entity/ Country of Proportion of

la- uke ns'k vuqikr ¼%½ No. Associates incorporation Ownership (%)
1 ,ojsLV cSad fyfeVsM usiky 20.03% 1 Everest Bank Ltd. Nepal 20.03%
iv. izfrfuf/k dk;kZy; iv. Representative Offices
Ø- izfrfuf/k dk;kZy;ksa fuxeu dk LokfeRo dk S. Name of Country of Proportion of
la- ds uke ns'k vuqikr ¼%½ No. Representative Office incorporation Ownership%
1- vkjvks% <kdk ckaXykns'k 100.00%
1 RO: Dhaka Bangladesh 100.00%
2- vkjvks% ;axwu E;kaekj 100.00% 2 RO: Yangon Myanmar 100.00%
2- D;k vuq"kaxh daiuh@daifu;ka ewy daiuh dh dkjksckj 2. Do the Subsidiary Company/Companies participate in the
mÙkjnkf;Ro igyksa esa lgHkkfxrk djrh gSa\ ;fn gk¡] rks ,slh BR Initiatives of the parent company? If yes, then indicate
vuq"kaxh daiuh¼;ksa½ dh la[;k nsaA the number of such subsidiary company(s)
ugha No
3- D;k dksbZ vU; laLFkk@laLFkk,a ¼vFkkZr vkiw£rdrkZ] forjd 3. Do any other entity/entities (e.g. suppliers, distributors
bR;kfn½ ftlds@ftuds lkFk daiuh dkjksckj djrh gks] etc.) that the Company does business with, participate in
daiuh dh dkjksckj mÙkjnkf;Ro igyksa esa lgHkkfxrk djrh the BR initiatives of the Company? If yes, then indicate
gSa\ ;fn gk¡] rks ,slh laLFkk@laLFkkvksa dk izfr'kr crk,\ the percentage of such entity/entities? [Less than 30%,
[30% ls de] 30%&60%] 60% ls vf/kdA 30-60%, More than 60%]
ugha No
[kaM Mh % dkjksckj mÙkjnkf;Ro lwpuk Section D: BR Information
1- dkjksckj mÙkjnkf;Ro ds fy, mÙkjnk;h funs'kd@funs'kdksa 1. Details of Director/Directors responsible for BR
dk fooj.k
,½ dkjksckj mÙkjnkf;Ro uhfr@uhfr;ksa ds dk;kZUo;u a) Details of the Director/Directors responsible for
gsrq mÙkjnk;h funs'kd@funs'kdksa ds fooj.k implementation of the BR policy/policies
Ø- la- C;kSjk fooj.k S. No. Particulars Details

1 MhvkbZ,u la- ykxw ugha 1 DIN No. Not Applicable
2 uke Jh dY;k.k dqekj 2 Name Shri Kalyan Kumar
3 inuke dk;Zikyd funs'kd 3 Designation Executive Director
ch½ dkjksckj mÙkjnkf;Ro izeq[k dk fooj.k b) Details of the BR Head
Ø- la- C;kSjk fooj.k S. No. Particulars Details

1 MhvkbZ,u la- ykxw ugha 1 DIN Number Not Applicable
2 uke Jh jktsUæ dqekj lkcw 2 Name Shri Rajendra Kumar Saboo
3 inuke eq[; egkizca/kd] 3 Designation Chief General Manager,
dk;Zuhfr izca/ku ,oa Strategic Management and
vk£Fkd ijke'kZ izHkkx Economic Advisory Division
4 nwjHkk"k la- 01128044232 4 Telephone number 011-28044232
5 bZ&esy vkbZMh [email protected] 5 e-mail id [email protected]
189
2- fl)karokj ¼,uohth ds vuqlkj½ chvkj uhfr@uhfr;k¡ ¼mÙkj gk¡@ugha esa nsa½
fgr/kkjd
Ø- dkjksckj mRikn deZpkfj;ksa ekuok lkoZtfud
iz'u fu;qfä o i;kZoj.k lh,lvkj xzkgdlaca/k
la- uSfrdrk mÙkjnkf;Ro dk fgr f/kdkj uhfr
lh,lvkj
ih1 ih2 ih3 ih4 ih5 ih6 ih7 ih8 ih9
1 D;k vkids ikl--- ds fy, uhfr@ gka gka gka gka gka gka gka gka gka
uhfr;kWa gS\
2 D;k uhfr dk fu/kkZj.k lacaf/kr gka gka gka gka gka gka gka gka gka
fgrèkkjdksa ds ijke'kZ ls fd;k x;k gS\
3 D;k uhfr fdlh jk"Vªh;@varjkZ"Vªh; gka gka gka gka gka gka gka gka gka
ekud ds vuq:i gS\ ;fn gka]rks o.kZu
djsa\ ¼50 'kCnksa esa½
4 D;k uhfr cksMZ }kjk vuqeksfnr dh xbZ gka gka gka gka gka gka gka gka gka
gS\ ;fn gka rks D;k ;g ,eMh@Lokeh@
lhbZvks@laxr cksMZ funs'kd }kjk
gLrk{kfjr gS\
5 D;k daiuh esa uhfr ds dk;kZUo;u dh gka gka gka gka gka gka gka gka gka
ns[kjs[k gsrq cksMZ dh fo'ks"k lfefr@
funs'kd@vf/kdkjh gSa\
6 uhfr dks vkWu&ykbu ns[kus ds fy, www.pnbindia.in
¯yd crk,a\
7 D;k uhfr ds ckjs esa lHkh izklafxd gka gka gka gka gka gka gka gka gka
vkarfjd o cká fgr/kkjdksa dks
vkSipkfjd :i ls lwfpr fd;k x;k
gS \
8 D;k uhfr@uhfr;ksa dks ykxw djus gka gka gka gka gka gka gka gka gka
gsrq daiuh esa dksbZ vkarfjd lajpuk
miyC/k gS\
9 D;kuhfr@uhfr;ksa ls lacaf/kr gka gka gka gka gka gka gka gka gka
fgrèkkjdksa dh leL;kvksa ds lek/kku
gsrq uhfr@uhfr;ksa ds laca/k esa daiuh esa
dksbZ f'kdk;r fuokj.k ra=k gS\
10 D;k daiuh us fdlh vkarfjd vFkok gka gka gka gka gka gka gka gka gka
cká ,tsalh }kjk bl uhfr ds
dk;Zpkyu dh Lora=k ys[kkijh{kk@
ewY;kadu djk;k tkrk gS\
2,- ;fn Øe la- 01 ds fdlh fl)kar dk mÙkj ûgha* gS] rks Ñi;k O;k[;k djsa fd ,slk D;ksa gS\ ¼2 fodYi rd vafdr djsa½
Ø-la- iz'u ih1 ih2 ih3 ih4 ih5 ih6 ih7 ih8 ih9
1 daiuh fl)karksa dks leÖk ugha ikbZ gSA
2 daiuh ,slh voLFkk esa ugha gS tgka fu/kkZfjr fl)karksa ij uhfr;ksa dks fu:fir rFkk ykxw
dj ldsA
3 daiuh ds ikl bl dk;Z ds fy, foÙkh; vFkok tu'kfä lalk/ku miyC/k ugha gSA ykxw ugha
4 vxys 6 ekg ds vanj ,slk djus dh ;kstuk gSA
5 vxys ,d o"kZ ds vanj ,slk djus dh ;kstuk gSA
6 dksbZ vU; dkj.k ¼Ñi;k Li"V djsa½
190
2. Principle-wise (as per NVGs) BR Policy/policies (Reply in Y/N)
Business Product Wellbeing of Stakeholder En- Human Environ- Public Customer

CSR
S. Ethics Responsibility Employees gagement & CSR Rights ment Policy Relations
Questions
No.
P1 P2 P3 P4 P5 P6 P7 P8 P9
1 Do you have policy/policies Y Y Y Y Y Y Y Y Y

for....?
2 Has the policy being formulated Y Y Y Y Y Y Y Y Y
in consultation with the
relevant stakeholders?
3 Does the policy conform to Y Y Y Y Y Y Y Y Y
any national /international
standards? If yes, specify? (50
words)
4 Has the policy been approved Y Y Y Y Y Y Y Y Y
by the Board? If yes, has it been
signed by MD/owner/CEO/
appropriate Board Director?
5 Does the company have a Y Y Y Y Y Y Y Y Y
specified committee of the
Board/ Director/Official to
oversee the implementation of
the policy?
6 Indicate the link for the policy
www.pnbindia.in
to be viewed online?
7 Has the policy been formally Y Y Y Y Y Y Y Y Y
communicated to all relevant
internal and external
stakeholders?
8 Does the company have in- Y Y Y Y Y Y Y Y Y
house structure to implement
the policy/policies?
9 Does the Company have a Y Y Y Y Y Y Y Y Y
grievance redressal mechanism
related to the policy/policies
to address stakeholders’
grievances related to the policy/
policies?
10 Has the company carried out Y Y Y Y Y Y Y Y Y
independent audit/evaluation
of the working of this policy by
an internal or external agency?
2a. If answer to S.No. 1 against any principle, is ‘No’, please explain why: (Tick up to 2 options)
S.No. Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
1 The company has not understood the Principles
2 The company is not at a stage where it finds itself in a position to formulate and
implement the policies on specified principles
3 The company does not have financial or manpower resources available for the
task NOT APPLICABLE
4 It is planned to be done within next 6 months

5 It is planned to be done within the next 1 year
6 Any other reason (please specify)
191
3- dkjksckj mÙkjnkf;Ro ls lacaf/kr vfHk'kklu 3. Governance related to BR
● og vko`fÙk crk,a ftlesa funs'kd eaMy] cksMZ dh ● Indicate the frequency with which the Board of
lfefr vFkok lhbZvks cSad ds dkjksckj mÙkjnkf;Ro Directors, Committee of the Board or CEO meet to
ds fu"iknu dk ewY;kadu djus ds fy, feyrs gSaA assess the BR performance of the Bank. Within 3
3 ekg ds Hkhrj] 3 & 6 ekg esa] izfro"kZ] ,d o"kZ ls months, 3-6 months, Annually, More than 1 year.
vfèkd vof/k ijA
funs'kd eaMy }kjk cSad ds dkjksckj mÙkjnkf;Ro fu"iknu The BR performance of the Bank is assessed Annually
by the Board of Directors.
dk ok£"kd ewY;kadu fd;k tkrk gSA
● D;k cSad chvkj vFkok fLFkjrk ¼lLVsusfcfyVh½ ● Does the Bank publish a BR or a Sustainability
fjiksVZ dk izdk'ku djrk gS\ bls ns[kus ds fy, Report? What is the hyperlink for viewing this? How
frequently it is published?
gkbZij¯yd D;k gS\ bls fdruh ckj izdkf'kr fd;k
tkrk gS\
dkjksckj mÙkjnkf;Ro fjiksVZ ok£"kd fjiksVZ dk Hkkx gS] Business Responsibility Report is a part of Annual
vkSj bls ok£"kd vk/kkj ij izdkf'kr fd;k tkrk gSA ;g Report and is published Annually. It is present along
ok£"kd fjiksVZ ds lkFk ekStwn gS rFkk bls cSad dh osclkbV with Annual Report and is also available separately
in the “About us” section on the website of the Bank
ij gkbij¯yd https://www.pnbindia.in ds rgr *gekjs under the hyperlink https://www.pnbindia.in.
ckjs esa* [kaM esa vyx ls Hkh miyC/k djok;k x;k gSA
[kaM bZ % fl)karokj izn'kZu Section E: Principle-wise performance

fl)kar I: dkjksckjksa dks uSfrdrk] ikjn£'krk ,oa tokcnsgh ds Principle I: Businesses should conduct and govern themselves
lkFk Lo;a dks lapkfyr ,oa vfHk'kkflr djuk pkfg,A with Ethics, Transparency and Accountability
1- D;k uSfrdrk] fj'or o Hkz"Vkpkj ls lacaf/kr uhfr dsoy 1. Does the policy relating to ethics, bribery and corruption
cSad dks doj djrh gS\ gk¡@ugha D;k ;g lewg@la;qä cover only the Bank? Yes/ No. Does it extend to the
Group/Joint Ventures/ Suppliers/Contractors/NGOs /
m|eksa@vkiw£rdrkZvksa@lafonkdkjksa@,uthvks@vU; dks
Others?
Hkh doj djrh gS\
The policy related to ethics, bribery and corruption cover
uSfrdrk] fj'or vkSj Hkz"Vkpkj ls lacaf/kr uhfr dsoy cSad dks only the Bank and does not extend to the Group/Joint
doj djrh gS vkSj ;g lewg@ la;qä m)eksa @ vU; dks doj Ventures/Others. Bank has a Whistle Blower policy to
ugha djrh gSA Hkz"Vkpkj ;k tkucwÖk dj vf/kdkj ds nq#i;ksx receive protected disclosure relating to any allegation of
ds fdlh Hkh vkjksi ls lacaf/kr lajf{kr izdVhdj.k izkIr djus ds corruption or wilful misuse of power. Bank has also laid
fy, cSad dh ,d fOgly Cyksvj uhfr gSA cSad esa uSfrd vkpkj down guiding principles regarding ethical code of conduct
lafgrk ,oa laxBu esa fj'or vkSj Hkz"Vkpkj ls fuiVus ds mik;ksa ds and measures to tackle bribery and corruption in the
ckjs esa ekxZn'kZd fl)karksa dks Hkh fu/kkZfjr fd;k gSA ;g dksM mu organization. This code sets forth the principles on which
fl)karksa dks fu/kkZfjr djrk gS ftu ij cSad lapkyu djsxk vkSj the Bank shall operate and conduct its business with its
stakeholders, Government agencies, the Regulators, media
vius fgrèkkjdksa] ljdkjh ,tsafl;ksa] fu;kedksa] ehfM;k o vU; and other concerned parties.
lEc)i{kksa ds lkFk viuk dkjksckj lapkfyr djsxkA
192
2- fiNys foÙkh; o"kZ esa fgr/kkjdksa ls fdruh f'kdk;rsa izkIr 2. How many stakeholder complaints have been received
gqbZ rFkk izca/ku }kjk fdrus izfr'kr dk larks"ktud in the past financial year and what percentage was
satisfactorily resolved by the management? If so, provide
lekèkku fd;k x;k\ ;fn ,slk gS] rks yxHkx 50 'kCnksa esa
details thereof, in about 50 words or so.
bldk fooj.k nsaA
xzkgd Customer
'ks;j/kkjd Shareholder
lhthvkj,e,l lhvkj,e CGRMS CRM
1 vizSy 2021 rd foÙkh; 7175 81389 1 Number of complaints 7175 81389 1
o"kZ dh 'kq#vkr esa yafcr pending at the beginning of
the financial year as on 1st
f'kdk;rksa dh la[;k
April 2021
o"kZ ds nkSjku izkIr f'kdk;rksa 139584* 1598676* 19 Number of complaints 139584* 1598676* 19
dh la[;k received during the year
foÙk o"kZ 2022 rd dqy 146759 1680065 20 Total complaints in FY22 146759 1680065 20
f'kdk;rsa
o"kZ ds nkSjku fuiVkbZ xbZ 145852 1650370 20 Number of complaints 145852 1650370 20
f'kdk;rksa dh la[;k disposed off during the year
fuiVku dk izfr'kr¼%½ 99% 98% 100% Percentage (%) of resolution 99% 98% 100%
31 ekpZ] 2022 frekgh ds var 907 29695 0 Number of complaints 907 29695 0
rd 'ks"k vulqyÖkh f'kdk;rksa remaining unresolved at the
dh la[;k end of the quarter as on 31st
March 2022
*foÙk o"kZ 2021&22 ds nkSjku dqy 19]68]043 f'kdk;rsa izkIr gqbZa] ftuesa ls 2]29]783 *A total of 19, 68,043 complaints were received during the FY 2021-22,
f'kdk;rksa dk lek/kku f'kdk;r izkIr gksus ds Vh$1 fnuksa ds Hkhrj fd;k x;kA bl izdkj] out of which 2, 29,783 complaints were resolved within T+1 days of its
bUgsa f'kdk;rksa ds :i esa ugha ekuk x;k gSA blfy,] foÙk o"kZ 2021&22 ds nkSjku izkIr fjiksVZ receipt. As such, these have not been treated as complaints. Therefore,
the total number of reported complaints received during the FY 2021-22
dh xbZ f'kdk;rksa dh dqy la[;k 17] 38]260 gS vkSj 31&03&2022 rd xzkgd dh yfEcr
is 17, 38,260 and the pendency of Customer complaints as on 31-03-
f'kdk;rsa 30]602 gSaA
2022 is 30,602.
fl)kar II: dkjksckj dks ,sls mRikn vkSj lsok,a iznku djuh Principle II: Businesses should provide goods and services that
pkfg, tks lqjf{kr gksa rFkk vius lEiw.kZ thou pØ ds nkSjku are safe and contribute to sustainability throughout their life
fLFkjrk esa lgk;d gksaA cycle
,- vius ,sls 3 mRiknksa o lsokvksa dh lwph cuk,a ftudh A. List up to 3 of your products or services whose design has
#ijs[kk esa lekt ;k i;kZoj.k ls lacaf/kr fpark,a] tksf[ke incorporated social or environmental concerns, risks and/
or opportunities.
rFkk@vFkok volj 'kkfey gksaA
cSad ;g lqfuf'Pkr djrk gS fd og i;kZoj.k ds vuqdwy ifj;kstukvksa The Bank ensures that its financing is towards environmental
dk foÙkiks"k.k djsA fuEufyf[kr dqN mRikn gSa ftuds fMtkbu esa friendly projects. The following are some of the products
lkekftd ;k i;kZoj.kh; fparkvksa] tksf[keksa vkSj@;k voljksa dks whose design has incorporated social or environmental
concerns, risks and/or opportunities.
'kkfey fd;k x;k gSA
1- ih,uch xzhu dkj +_.k% bl mRikn dk mís'; O;fäxr mi;ksx 1. PNB Green Car Loan: The purpose of the product is
ds fy, ubZ bysDVªkWfud dkj dh [kjhn gSA purchase of new electronic car for personal use.
2- vkokl _.k ;kstuk ds rgr lkSj ÅtkZ iz.kkfy;ksa dk 2. Financing of Solar Power systems under Housing Loan
Scheme: The purpose of the loan is the installation of
foÙkiks"k.k% bl _.k dk mís'; vkoklh; ?kj esa :QVkWi lkSj
rooftop solar system at residential house.
iz.kkyh dh LFkkiuk gSA
3- ih,uch xzhu jkbM% bl _.k dk mís'; bZ&fjD'kk ¼u, izos'kdksa½ 3. PNB Green Ride: The purpose of the loan is to assist
ds ifjogu vkWijsVjksa dh lgk;rk djuk vkSj lw{e m/kkjdrkZvksa ds transport operators of e-rickshaws (new entrants) and
to create employment opportunities for the micro
fy, jkstxkj ds volj iSnk djuk gSA
borrowers.
193
ch- ,sls izR;sd mRikn ds fy, mRikn dh izfr bdkbZ ¼oSdfYid½ B. For each such product, provide the following details in
ij lalk/ku ¼mtkZ] ty] dPpk eky bR;kfn½ mi;ksx ds respect of resource use (energy, water, raw material etc.)
laca/k esa fuEufyf[kr fooj.k iznku djsa% per unit of product (optional):
i. Reduction during sourcing/production/ distribution
i- lEiw.kZ oSY;w Jà[kyk esa lksfl±x@[email protected] ds achieved since the previous year throughout the
nkSjku xr o"kZ ls vkbZ deh\ value chain?
ii. miHkksäkvksa }kjk lalk/ku ¼mtkZ] ty½ mi;ksx ds ii. Reduction during usage by consumers (energy,
nkSjku xr o"kZ ls vkbZ deh\ water) has been achieved since the previous year?
ykxw ughaA Not Applicable.
lh- D;k cSad esa LFkk;h óksrksa ¼ifjogu lfgr½ ds fy, dksbZ C. Does the Bank have procedures in place for sustainable
sourcing (including transportation)? If yes, what
dk;Ziz.kkyh gS\ ;fn gk¡ rks vkids vknkuksa dk fdruk
percentage of your inputs was sourced sustainably?
izfr'kr LFkk;h :i ls óksr fd;k x;k\
Bank promotes usage of sustainable products in its
cSad le;≤ ij tkjh fofHkUUk fn'kkfunsZ'kksa ds ek/;e ls vius Construction, Renovation and Furnishing works through
fuekZ.k] uohuhdj.k vkSj Q£u¯'kx dk;ks± esa LFkk;h mRiknksa ds various guidelines issued from time to time.
mi;ksx dks c<+kok nsrk gSA
Further, recently to promote usage of sustainable and
blds vykok] gky gh esa LVkQ lnL;ksa ds chp lrr~ vkSj gfjr green fuel/ energy vehicles amongst staff members
bZa/ku@ÅtkZ okguksa ds mi;ksx dks c<+kok nsus ds fy,] cSad us ekfld wherein, Bank has issued the guidelines for reimbursement
[kpks± dh izfriw£r ds fy, fn'kkfunsZ'k tkjh fd, gSaA of monthly expenses.
D. Has the Bank taken any steps to procure goods and services
Mh- D;k cSad us vius dk;Z LFky ds vklikl ds LFkkuh; ,oa from local & small producers, including communities
NksVs mRikndksa o leqnk;ksa ls oLrqvksa ,oa lsokvksa dh [kjhn surrounding their place of work?
gsrq dne mBk, gSa\
If yes, what steps have been taken to improve the capacity
;fn gk¡ rks LFkkuh; ,oa NksVs foØsrkvksa dh {kerk vkSj and capability of local and small vendors?
;ksX;rk dks c<+kus gsrq D;k dne mBk, x, gSa\
Bank is a financial service provider and is not involved
cSad ,d foÙkh; lsok iznkrk gS vkSj ;g oLrqvksa dh [kjhn esa izR;{k directly in the procurement of goods. Tangible items are
:i ls 'kkfey ugha gSA HkkSfrd enksa dks cSad }kjk lalkf/kr ugha fd;k not processed by the Bank. However the customers are
tkrk gSaA gkyk¡fd] xzkgdksa dks vius dPps eky dk buiqV lw{e] y?kq encouraged to obtain their raw material inputs from Micro,
,oa e/;e m|eksa ¼,e,l,ebZ½ ls izkIr djus gsrq izksRlkfgr fd;k Small & Medium Enterprises (MSMEs).
tkrk gSA
Bank has adopted Purchase Preference Policy (PPP) -
cSad us Hkkjrh; fofuekZ.k dks c<+kok nsus ds fy, Hkkjr ljdkj }kjk
Make In India issued by Govt of India to promote Indian
tkjh [kjhn ojh;rk uhfr ¼ihihih½& esd bu bafM;k dks viuk;k gSA Manufacturing. Through this policy “Class-I local supplier‟
bl uhfr ds ek/;e ls ÞoxZ&I ds LFkkuh; vkiw£rdrkZÞ dks ÞoxZ&II gets purchase preference over “Class-lI local supplier‟
ds LFkkuh; vkiw£rdrkZÞ ds lkFk&lkFk ÞxSj&LFkkuh; vkiw£rdrkZÞ as well as “Non-local supplier”. Bank has also adopted
ij [kjhn ojh;rk feyrh gSA cSad us ,e,l,ebZ ea=kky;] Hkkjr Purchase Preference Policy issued by the Ministry of
ljdkj }kjk [kjhn esa lw{e vkSj y?kq m|eksa ¼,e,lbZ½ dh Hkkxhnkjh MSME, Govt. of India to promote participation of Micro
dks c<+kok nsus ds fy, tkjh [kjhn ojh;rk uhfr dks Hkh viuk;k gSA and Small Enterprises (MSEs) in procurement.
Bank provides all types of fund based and non-fund based
cSad ubZ bdkb;ksa dh LFkkiuk vkSj ekStwnk O;kolkf;d bdkb;ksa ds
facilities to the borrowers for setting up new units and
foLrkj ds fy, m/kkjdrkZvksa dks lHkh izdkj dh fuf/k vk/kkfjr vkSj expansion of existing business units. In order to provide
xSj&fuf/k vk/kkfjr lqfo/kk,a iznku djrk gSA ,e,l,ebZ dks le; timely financial support to MSME, various initiatives are
ij foÙkh; lgk;rk iznku djus ds fy,] cSad }kjk fofHkUUk igysa dh taken by Bank such as Tie-Ups for channel financing, co-
xbZ gSa ftlesa Jà[kykc) foÙkiks"k.k ds fy, VkbZ&vi] _.kksa dk lending of loans, launch of innovative schemes like cash
lg&m/kkj] udnh izokg vk/kkfjr ;kstukvksa tSlh uohu ;kstukvksa flow based schemes - PNB GST Express Loan, and PNB
dk 'kqHkkjaHk & ih,uch th,lVh ,Dlizsl _.k vkSj ih,uch rRdky Tatkal Scheme, and lending solutions such as PNB LenS,
;kstuk] vkSj ih,uch ysal tSls _.k lek/kku] thbZlh,y vkSj Government induced lending through GECL and PM
SVANidhi schemes, etc.
ih,e Lofuf/k ;kstukvksa ds ek/;e ls ljdkj }kjk ykxw _.k] vkfn
'kkfey gSA
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bZ- D;k cSad esa mRiknksa ,oa vif'k"V ds iqujkorZu dh E. Does the Bank have a mechanism to recycle products
dksbZ O;oLFkk gS\ ;fn gk¡] rks mRiknksa rFkk vif'k"V ds and waste? If yes what is the percentage of recycling of
products and waste (separately as <5%, 5-10%, >10%).
jhlkb¯Dyx dk izfr'kr ¼i`Fkd :i ls <5%] 5&10%] >10%½
Also, provide details thereof, in about 50 words or so.
D;k gS\ yxHkx 50 'kCnksa esa bldk fooj.k Hkh nhft,A
mRiknksa vkSj vif'k"Vksa ds jhlkb¯Dyx ds fy, cSad fuEufyf[kr For recycling products and waste Bank follows some of the
dqN igyksa dk vuqlj.k djrk gS% initiatives as under:
1- cSad fjdkWMZ dh¯ix vkSj fjdkWMZ izca/ku uhfr ds fgLls ds 1. As part of Bank's record keeping and record
:i esa] lHkh iqjkus fMLikstscy fjdkWMZ ¼dkxtkr½ dks management policy, all the old disposable records
fjdkWMZ dh¯ix ,tsalh }kjk u"V djuk gksrk gS] ftldk (Papers) have to be destroyed by record keeping
agency, which is then used by the agency to recycle
mi;ksx ,tsalh }kjk dkxt dks jhlkb¯Dyx djus ds fy,
the paper.
fd;k tkrk gSA
2- vif'k"V ty dks jhlkbdy djus ds fy, cSad O;ogk;Zrk ds 2. To recycle the waste water, Bank constructs and
vuqlkj vius izeq[k iz'kklfud Hkouksa esa lhojst VªhVesaV IykaV dk operates Sewerage Treatment Plants in its major
Administrative Buildings as per the feasibility.
fuekZ.k vkSj lapkyu djrk gSA
3- tgka rd laHko gks] iqjkus gkMZos;j ds ck; cSd dks cSad dks u, 3. As far as possible, buy back of the old hardware is kept
vkbZVh gkMZos;j dh vkiw£r djus okys foØsrkvksa ds dk;Z{ks=k ds in the scope of vendors supplying new IT Hardware to
the Bank who further recycle the e-waste from old IT
rgr j[kk tkrk gS tks iqjkus vkbZVh gkMZos;j ls vif'k"V dk
Hardware at their end.
jhlkb¯Dyx djrs gSaA
Principle III: Businesses should promote the well-being of all
fl)kar III: dkjksckj dks leLr deZpkfj;ksa ds dY;k.k dks
employees.
izksRlkfgr djuk pkfg,A
1. Please indicate the Total number of employees.
1- Ñi;k deZpkfj;ksa dh dqy la[;k crk,aA
The total number of employees (including those on
31 ekpZ] 2022 dks deZpkfj;ksa dh dqy la[;k ¼vuq"kafx;ksa esa deputation in subsidiaries) as on 31st March, 2022 was
izfrfu;qfä lfgr½ 1]03]144 gSaA 1,03,144.
2. Please indicate the Total number of employees hired on
2- Ñi;k vLFkk;h@lafonkRed@vkdfLed vk/kkj ij j[ks x, temporary/contractual/casual basis.
deZpkfj;ksa dh dqy la[;k crk,a\
NIL.
'kwU;
3. Please indicate the Number of permanent women
3- Ñi;k LFkk;h efgyk deZpkfj;ksa dh la[;k crk,a\ employees.
31 ekpZ] 2022 dks LFkk;h efgyk deZpkfj;ksa dh la[;k 24]287 gSA The number of permanent women employees as on
31st March, 2022 was 24,287
4- Ñi;k 'kkjhfjd :i ls v{ke LFkk;h deZpkfj;ksa dh la[;k 4. Please indicate the Number of permanent employees
crk,a\ with disabilities?
31 ekpZ] 2022 dks 'kkjhfjd :i ls v{ke LFkk;h deZpkfj;ksa dh The number of permanent employees with disabilities as
on 31st March, 2022 was 2,830.
la[;k 2]830 gSA
5. Do you have an employee association that is recognized
5- D;k vkidk dksbZ deZpkjh la?k gS ftls izca/ku }kjk ekU;rk by management?
izkIr gS\
There is no provision for recognition of Union/Association
gekjs cSad esa ;wfu;u@,lksfl,'ku dks ekU;rk nsus dk dksbZ in the Bank. However, Industrial Relations Machinery
izkoèkku ugha gSA gkykafd] vkbZvkj,e eh¯Vx vkSj ,evkj,e eh¯Vx meeting and Managerial Relations Machinery meeting are
estkWfjVh odZeSu ;wfu;u ;kfu vkWy bafM;k ih,uch ,EIykbt being held with Majority Workmen Union i.e. All India PNB
QsMjs'ku vkSj estkWfjVh vkWfQllZ ,lksfl,'ku ;kfu vkWy bafM;k Employees Federation & Majority Officers’ Association
ih,uch vkWfQllZ ,lksfl,'ku ds lkFk gks jgh gSA i.e. All India PNB Officers Association respectively.
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6- bl ekU;rk izkIr deZpkjh la?k ds lnL;ksa esa vkids LFkk;h 6. What percentages of your permanent employees are
deZpkfj;ksa dk izfr'kr D;k gS\ members of this recognized employee association?
The Percentage of members of majority Union/Association are
cgqla[;d la?k@laxBu ds lnL;ksa dk izfr'kr gS%
All India PNB Employees Federation – 70.75 Percent
vf[ky Hkkjrh; ih,uch deZpkjh la?k & 70-75 izfr'kr (36178/51132)
¼36178@51132½ All India PNB officers Association – 81.25 Percent
vf[ky Hkkjrh; ih,uch vf/kdkjh la?k & 81-25% ¼42096@51812½ (42096/51812)
nksuksa laxBu dk dqy izfr'kr & 76-03 izfr'kr Total Percentage of both Associations – 76.03 Percent
(78274/102944)
¼78274@102944½
7. Please indicate the Number of complaints relating to
7- Ñi;k xr foÙkh; o"kZ ds var rd izkIr gqbZ ,oa yafcr child labour, forced labour, involuntary labour, sexual
jgh cky etnwjh] ca/kqvk etnwjh] vuSfPNd etnwjh] ;kSu harassment in the last financial year and pending, as on
mRihM+u ls lacaf/kr f'kdk;rksa dh la[;k crk,a\ the end of the financial year.
foÙkh; o"kZ 22 ds foÙkh; o"kZ 22 No of No of

Ø- nkSjku nk;j dh dh lekfIr ij S. Complaints Complaints
Js.kh Category
la- xbZ f'kdk;rksa dh yafcr f'kdk;rksa No. filed during pending as at
la[;k dh la[;k FY’22 end of FY’22
1 cky etnwjh@ 0 0 1 Child labour/forced 0 0
ca/kqvk etnwjh@ labour/involuntary labour
vuSfPNd etnwjh
2 ;kSu mRihM+u 13 3 2 Sexual harassment 13 3
3 HksnHkkoiw.kZ jkstxkj 0 0 3 Discriminatory 0 0

employment
8- vkids fuEufyf[kr deZpkfj;ksa ds fdrus izfr'kr dks xr 8. What percentage of your under mentioned employees
o"kZ lqj{kk ,oa dkS'ky mUUk;u izf'k{k.k iznku fd;k x;k\ were given safety & skill up-gradation training in the last
year?
,- LFkk;h deZpkjh % 55-87 izfr'kr
A. Permanent Employees: 55.87 Percent
ch- LFkk;h efgyk deZpkjh% 47-52 izfr'kr B. Permanent Women Employees: 47.52 Percent
lh- vkdfLed@vLFkk;h@lafonkRed deZpkjh % ykxw ugha C. Casual/Temporary/Contractual Employees: NA
Mh- v{ke deZpkjh % 61-42 izfr'kr D. Employees with Disabilities: 61.42 Percent
fl)kar IV % dkjksckj dks lHkh fgr/kkjdksa] fo'ks"kdj tks oafpr] Principle IV: Businesses should respect the interests of, and be
detksj ,oa vf/kdkjghu gSa] muds fgrksa dk /;ku j[kuk pkfg, responsive towards all stakeholders, especially those who are
vkSj muds izfr mÙkjnk;h gksuk pkfg,A disadvantaged, vulnerable and marginalized.
1- D;k cSad us vius vkarfjd vkSj cká fgr/kkjdksa dh eS¯ix 1. Has the Bank mapped its internal and external
dh gS\ stakeholders?
cSad }kjk vkarfjd vkSj cká fgr/kkjdksa dh igpku dh xbZ gS vkSj The internal and external stakeholders have been identified
muesa blds 'ks;j/kkjd] fuos'kd] xzkgd] deZpkjh] ljdkj vkSj by the Bank and they include its shareholders, investors,
fofu;ked ,tsafl;ka 'kkfey gSaA customers, employees, Government and Regulatory
agencies.
2- mijksä esa ls D;k cSad us oafpr] detksj ,oa vf/kdkjghu 2. Out of the above, has the Bank identified the
fgrèkkjdksa dh igpku dh gS\ disadvantaged, vulnerable & marginalized stakeholders?
ljdkj vkSj fu;ked ds fn'kkfunsZ'kksa ds vuqlkj oafpr] detksj The disadvantaged, vulnerable and marginalized
vkSj vf/kdkjghu fgr/kkjdksa dh igpku dh xbZ gSA bu fn'kkfunsZ'kksa stakeholders are identified as per the guidelines of the
ds vuqlkj cSad }kjk foÙkh; lekos'ku] izkFkfedrk izkIr {ks=k Government and the Regulator. The targets for Financial
Inclusion, Priority Sector Lending and lending to the
dks _.k vkSj lekt ds vf/kdkjghu oxks± dks _.k nsus ds y{; marginalized sections of the society are set by the Bank as
fuèkkZfjr fd, x, gSaA vkbZch, ds fn'kk&funsZ'kksa ds vuqlkj fnO;kax per these guidelines. Bank has appropriate mechanism/
xzkgdksa vkSj ofj"B ukxfjdksa dh t:jrksa dks iwjk djus ds fy, cSad schemes for meeting the needs of differently abled
ds ikl mi;qä O;oLFkk@;kstuk,a gSaA customers and Senior citizen as per IBA guidelines.
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3- D;k oafpr] detksj ,oa vf/kdkjghu fgr/kkjdksa ds lkFk 3. Are there any special initiatives taken by the Bank
tqMus gsrq cSad }kjk dksbZ fo'ks"k dne mBk;s x, gSa\ ;fn to engage with the disadvantaged, vulnerable and
marginalized stakeholders. If so, provide details thereof,
gka] rks yxHkx 50 'kCnksa esa bldk foLr`r fooj.k nsaA
in about 50 words or so.
cSad lekt ds vf/kdkjghu] cSad jfgr vkSj vk£Fkd :i ls cfg"Ñr Bank helps the marginalized, unbanked and financially
oxks± dks mUgsa vFkZO;oLFkk esa mRiknd ;ksxnku djus esa l{ke cukus excluded sections of the society to enable them to
esa lgk;rk djrk gSaA bu vf/kdkjghu oxks± dks l'kä cukus rFkk contribute their share to the economy. Access to financial
muds lkekftd vkSj vk£Fkd fodkl esa egRoiw.kZ ;ksxnku nsus ds services is of utmost importance to strengthen these
fy;s foÙkh; lsokvksa rd igqap vR;ar egRoiw.kZ gSaA cSad fofHkUUk marginalized sections and make a significant contribution
ljdkjh ;kstukvksa tSls ih,etsMhokbZ] ih,e,eokbZ] LVSaM vi to their social and economic development. Bank has been
bafM;k] LVkVZ vi bafM;k] MhvkjvkbZ] ih,e,okbZ] ih,etstschokbZ] an active participant in various Government schemes such
as PMJDY, PMMY, Stand Up India, Start Up India, DRI,
ih,e,lchokbZ] ,ihokbZ] ,l,lokbZ vkfn esa ,d lfØ; Hkkxhnkj
PMAY, PMJJBY, PMSBY, APY, SSY, etc. and comes out with
jgk gS vkSj oafpr ,oa vf/kdkjghu fgr/kkjdksa ds fy, [kklrkSj ij products and services specifically for disadvantaged and
rS;kj] mRikn vkSj lsok,a ysdj vk;k gSaA marginalized stakeholders.
ih,uch fodkl ;kstuk% ih,uch fodkl dk mís'; xksn fy, x, PNB Vikas Scheme: The objective of PNB VIKAS is to develop
xkao dks lexz :i ls fodflr djuk gS] ftlesa mudk vk£Fkd fodkl] the adopted village in a holistic manner, which includes their
cqfu;knh <kapk fodkl vkSj ekuo fodkl ds vU; igyw tSls LoPNrk] economic development, infrastructure development and other
is;ty vkiw£r] f'k{kk] fctyh] LokLF; vkfn ds vykok _.k rd igqap] aspects of human development e.g. sanitation, drinking water
fMftVyhdj.k vkSj foÙkh; lk{kjrk 'kkfey gSaA orZeku esa] cSad us bl supply, education, electricity, health, etc. besides access to
credit, digitalization and Financial Literacy. Presently, Bank has
;kstuk ds rgr 295 xkaoksa dks xksn fy;k gSA adopted 295 villages under the scheme.
fdlku izf'k{k.k dsaæ ¼,QVhlh½% cSad us 12 fdlku izf'k{k.k dsaæ Farmer Training Centre (FTCs): Bank has established 12 Farmers
LFkkfir fd, gSaA ,QVhlh Ñf"k vkSj lac) xfrfof/k;ksa ij vkSj daI;wVj] Training Centres. The FTCs are providing free of cost training on
agriculture & allied activities, and also for computers, cutting
d¯Vx vkSj Vsy¯jx@ d<+kbZ vkSj m|ferk fodkl dk;ZØeksa ds fy,
& tailoring/ embroidery and entrepreneurship development
Hkh eq¶r izf'k{k.k iznku fd;k tk jgk gSaA LFkkiuk ds ckn ls] ,QVhlh programs. Since inception, FTCs have imparted training to
us 55]017 izf'k{k.k dk;ZØe vk;ksftr djds 16]44]102 O;fä;ksa dks 16,44,102 persons by conducting 55,017 training programs.
izf'k{k.k fn;k gSA bu izf'k{k.k dsUæksa dks fdlkuksa ds [ksrksa esa e`nk ijh{k.k These Training Centres have been equipped with the Mobile
lqfo/kkvksa okyh eksckby oSu vkSj fdlkuksa dks lwpukRed ohfM;ks fDyi Van having Soil testing facilities at the farmers’ fields and LED
ds n`';&JO; izn'kZu ds fy, ,ybZMh ls ySl fd;k x;k gSA foÙk o"kZ for audio visual display of informative video clips to the farmers.
2020&21 ds nkSjku cSad us blds rgr 475-72 yk[k #i;s [kpZ fd,A Bank spent Rs. 475.72 Lakh under this, during FY 2021-22.
xzkeh.k Lojkstxkj izf'k{k.k laLFkku ¼vkj,lbZVhvkbZ½% Hkkjr esa Rural Self Employment Training Institutes (RSETIs): There are
76 vkj,lbZVhvkbZ ¼xzkeh.k fodkl ea=kky; ds rRoko/kku esa½ vkSj 2 76 RSETIs (under aegis of MoRD) and 2 Rural Development
Centres (PNB initiatives) operating in India which are engaged
xzkeh.k fodkl dsaæ ¼ih,uch igy½ py jgs gSa tks xzkeh.k vkcknh vkSj
in providing training to rural population and their families for
muds ifjokjksa dks Lo&jkstxkj m|e@ukSdjh djus ds fy, dkS'ky skill up gradation to undertake self-employment ventures/
mUUk;u gsrq izf'k{k.k iznku djus esa yxs gq, gSaA foÙk o"kZ 2021&22 ds Jobs. During the FY 2021-22, 41,718 persons were trained
nkSjku] bu dsaæksa esa 41]718 O;fä;ksa dks izf'kf{kr fd;k x;k Fkk] ftuesa in these centers out of which 27,380 belong to BPL families
ls 27]380 chih,y ifjokjksa ds gSa vkSj 32]948 efgyk,a FkhaA LFkkiuk and 32,948 were women. Total number of trained candidates
ds ckn ls izf'kf{kr mEehnokjksa dh dqy la[;k 4]92]418 gS] ftuesa ls since inception is 4,92,418 out of which 2,06,241 were from
2]06]241 chih,y ifjokjksa ls Fks vkSj 3]15]856 efgyk,a FkhaA gekjs BPL families and 3,15,856 were women. RSETIs are focusing
vkj,lbZVhvkbZ] lekos'kh fodkl ds fy, i;kZIr _.k lqfuf'Pkr djds for settlement of participants by ensuring adequate credit for
inclusive growth. Total settled candidates are 3,32,028 since
izfrHkkfx;ksa ds fuiVku ij /;ku dsafær dj jgs gSaA LFkkiuk ds ckn ls inception. Bank spent Rs. 2753.97 Lakh under this during FY
dqy LFkk;h mEehnokj 3]32]028 gSaA foÙk o"kZ 2021&22 ds nkSjku cSad us 2021-22.
blds rgr 2753-97 yk[k #i;s [kpZ fd,A
iz/kku ea=kh tu /ku ;kstuk ¼ih,etsMhokbZ½ % cSad thjks cSysal ij Prime Minister Jan Dhan Yojana (PMJDY): Bank is opening
oafpr] detksj vkSj vf/kdkjghu fgr/kkjdksa ds ih,etsMhokbZ [kkrs PMJDY accounts of disadvantaged, vulnerable & marginalized
[kksy jgk gS vkSj mUgsa Hkkjr ljdkj }kjk 'kq: dh xbZ lkekftd lqj{kk stakeholders at Zero balance and educating & enrolling
them under Social Security Schemes launched by GOI. As on
;kstukvksa ds rgr f'kf{kr vkSj ukekafdr dj jgk gSA 31 ekpZ] 2022 31st March, 2022. Bank has opened more than 4.18 Crore
rd cSad us ih,etsMhokbZ ;kstukvksa ds rgr 4-18 djksM+ ls vf/kd [kkrs accounts under PMJDY scheme.
[kksys gSaA
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cSad vf/kdkjghu oxks± dks l'kä cukus ds fy, ih,uch fdlku izf'k{k.k Bank also runs various Trusts/Centers such as PNB Farmers’
dsaæ ¼,QVhlh½] xzkeh.k Lojkstxkj izf'k{k.k laLFkku ¼vkj,lbZVhvkbZ½] Training Centers (FTCs), Rural Self Employment Training
Institutes (RSETIs), and Financial Literacy Centres (FLCs) in
vkSj foÙkh; lk{kjrk dsaæ ¼,Q,ylh½ tSls fofHkUUk VªLV @ dsaæ Hkh pykrk
order to empower the marginalized sections. Welfare schemes
gSA ih,uch fodkl xzke vaxhdj.k ;kstuk] ih,uch ykMyh] ih,uch such as PNB Vikas- Village Adoption Scheme, PNB Ladli, PNB
¼fdlku cky f'k{kk izksRlkgu ;kstukvksa½ tSlh dY;k.kdkjh ;kstuk,a (Kisan Balak Shiksha Protsahan Yojana) are also undertaken to
'kq: dh xbZ gS rkfd okafNr y{; izkIr fd, tk ldsA achieve the desired outcomes.
cSd
a ds ikl oafpr] detksj vkSj vf/kdkjghu fgr/kkjdksa dh t:jrksa dks iwjk Bank has appropriate mechanism for meeting the needs of
djus ds fy, mi;qä ra=k gS rkfd os fcuk fdlh dfBukbZ ds cSd a dh lsokvksa disadvantaged, vulnerable and marginalized stakeholders so
dk ykHk mBk ldsAa ofj"B ukxfjdksa vkSj fnO;kax dks cqfu;knh cS¯a dx lqfo/kk that they are able to avail the Bank’s services without difficulty.
Door Step banking services are being provided for senior citizens
iznku djus ds fy, Mksj LVsi cS¯a dx lsok,a iznku dh tk jgh gSAa
and differently abled persons to deliver basic banking facility.
cSad ds fofHkUUk QhYM dk;kZy;ksa vkSj iz/kku dk;kZy; }kjk cSad ds dkWiksZjsV Various activities are carried out under Bank’s Corporate Social
lkekftd mÙkjnkf;Ro ds rgr Lora=k :i ls fofHkUUk xfrfofèk;k¡ dh Responsibility by Bank’s various field offices and Head Office
independently. Also, in collaboration with NGOs, organization is
tkrh gSa] lkFk gh lekt ds fofHkUUk t:jrean oxks± ds dY;k.k ds fy,
working for the welfare of the various needy sections of the society.
dke djus okys xSj ljdkjh laxBuksa ds lg;ksx lsA
fl)kar V % dkjksckj }kjk ekuokf/kdkj dks lEeku ,oa izksRlkgu Principle V: Businesses should respect and promote human
fn;k tkuk pkfg,A rights
1- D;k ekuokf/kdkjksa ij dEiuh dh uhfr dsoy dEiuh 1. Does the policy of the Bank on human rights cover only
dks doj djrh gS vFkok ;g lewg@la;qä m|eksa@ the company or extend to the Group/Joint Ventures/
Suppliers/Contractors/NGOs/Others?
vkiw£rdrkZvksa@lafonkdkjksa@xSj ljdkjh laxBuksa@ vU;
dks Hkh doj djrh gSa\
ekuo vf/kdkjksa ls lacaf/kr uhfr lfgr ,pvkj,eMh }kjk tkjh All the policies issued by HRMD including policy related
lHkh uhfr;ka dsoy ih,uch ds deZpkfj;ksa ij ykxw gksrh gSa vkSj to Human rights are only applicable to employees of PNB
and doesn’t extend to Group/Joint Ventures/ Suppliers/
lewg@la;qä m|eksa@vkiw£rdrkZvksa@Bsdsnkjksa@xSj ljdkjh
Contractors/NGOs/Others.
laxBuksa@vU; ij ykxw ugha gksrh gSaA
2- xr foÙkh; o"kZ esa fgr/kkjdksa dh fdruh f'kdk;rsa izkIr gqbZ 2. How many stakeholder complaints have been received in
vkSj izcaèku }kjk fdrus izfr'kr dk larks"ktud lek/kku the past financial year and what percent was satisfactorily
resolved by the management?
fd;k x;k \
foÙkh; o"kZ 2021&22 ds nkSjku] dqy 1]46]759 f'kdk;rksa esa ls During FY 2021-22, out of a total number of 1,46,759
¼vFkkZr 31 ekpZ] 2021 dks 7]175 f'kdk;rsa yafcr Fkha vkSj foÙk o"kZ complaints (i.e.7,175 complaints outstanding as on 31st
March, 2021, and 1,39,584 complaints received during FY
2021&22 ds nkSjku 1]39]584 f'kdk;rsa izkIr gqbZ Fkh½] 31 ekpZ]
2021-22), 1,45,852 complaints were resolved up to the
2022 rd lhthvkj,e,l iksVZy esa f'kdk;rdrkZ dh larqf"V ij satisfaction of the complainant, till 31st March, 2022 in
1]45]852 f'kdk;rksa dk lek/kku fd;k x;kA CGRMS Portal.
blds vykok] foÙk o"kZ 2021&22 ds nkSjku] dqy 16]80]065 Further, during FY 2021-22, out of a total number of
f'kdk;rksa esa ls ¼vFkkZr] 31 ekpZ] 2021 dks 81]389 f'kdk;rsa yafcr 16,80,065 complaints (i.e., 81,389 complaints outstanding
Fkha vkSj foÙk o"kZ 2021&22 ds nkSjku 15]98]676 f'kdk;rsa izkIr as on 31st March, 2021, and 15,98,676 complaints received
gqbZ Fkh½] lhvkj,e iksVZy esa 31 ekpZ] 2022 rd f'kdk;rdrkZ dh during FY 2021-22), 16,50,370 complaints were resolved
larqf"V ij 16]50]370 f'kdk;rksa dk lek/kku fd;k x;kA up to the satisfaction of the complainant, till 31st March,
2022 in CRM Portal.
foÙkh; o"kZ 2021&22 ds nkSjku 'ks;j/kkjdksa ls izkIr dh xbZ Total number of shareholder complaints during FY 2021-22
f'kdk;rksa dh dqy la[;k 20 gS] ftues ls lHkh f'kdk;rksa dk were 20 out of which, all complaints were resolved as on
lekèkku 31 ekpZ] 2022 rd dj fy;k x;k FkkA 31st March, 2022.
fl)kar VI% dkjksckj dks i;kZoj.k dk /;ku j[kus] laj{k.k djus Principle VI: Business should respect, protect and make efforts
,oa bls cgky djus ds iz;kl djus pkfg,A to restore the environment
1- D;k fl)kar 6 ls lacaf/kr uhfr dsoy cSad dks doj djrh gS 1. Does the policy related to Principle 6 cover only the
vFkok ;g lewg@la;qä m|eksa@ vkiw£rdrkZvksa@lafonkdkjksa@xSj Bank or extends to the Group/Joint Ventures/Suppliers/
ljdkjh laxBuksa@vU; dks Hkh doj djrh gS\ Contractors/NGOs/others.
fn'kkfunsZ'k dsoy iatkc uS'kuy cSad dks doj djrk gSA The guidelines cover Punjab National Bank only.
198
2- D;k tyok;q ifjorZu] Xykscy ok²ex vkfn tSls oSf'od 2. Does the Bank have strategies/ initiatives to address
i;kZoj.kh; eqíksa ij /;ku nsus ds fy, cSad dh dksbZ uhfr@ global environmental issues such as climate change,
global warming, etc? Y/N. If yes, please give hyperlink for
igy gS\ gk¡@ughaA ;fn gka] rks oscist vkfn dk gkbZij¯yd
webpage etc.
miyC/k djk,aA
gka] tyok;q ifjorZu] Xykscy okfe±x tSls oSf'od i;kZoj.kh; Yes, Bank has strategies to address global environmental
issues such as climate change, global warming. Bank
eqíksa ls fuiVus ds fy, cSad ds ikl j.kuhfr;ka gSaA cSad ftEesnkj
believes in conducting responsible businesses. Bank has an
O;olk;ksa ds lapkyu esa fo'okl djrk gSA cSad ds ikl ,d bZ,lth ESG Framework in place. Board Level sub-committee steers
#ijs[kk gSA cksMZ Lrj dh mi&lfefr bZ,lth igyksa dk lapkyu the ESG initiatives. Potential sectors exposed to physical
djrh gSA cSad }kjk HkkSfrd vkSj laØe.k tksf[ke okys laHkkfor {ks=kksa and transition risk have been identified by the Bank.
dh igpku dh xbZ gSA
cSadksa dh ØsfMV jsfVax vkSj ØsfMV ewY;kadu izfØ;k esa i;kZoj.k Banks’ credit rating and credit appraisal process takes into
laca/kh igyqvksa dks /;ku esa j[kk tkrk gSA bZ,lth fo'ks"krkvksa dks account environment related aspects. Efforts on enhancing
credit on boarding and credit rating process are ongoing
foLrkj ls 'kkfey djds cksfM±x vkSj ØsfMV jsfVax izfØ;k ij ØsfMV by incorporating ESG attributes in detail. Various schemes
c<+kus ds iz;kl tkjh gSaA gfjr ÅtkZ dk leFkZu djus ds fy, such as financing e-vehicle, solar panels, solar pumps etc.
fofo/k ;kstuk,a tSls fd bZ&okgu dks foÙkiks"k.k] lkSj iSuy] lkSj have been launched to support green energy.
iai vkfn dh 'kq#vkr dh xbZ gSaA
cSad] mtkZ {kerk vkSj ,;j daMh'ku ds /kkj.kh; mi;ksx ds rjhds] Bank focuses on energy efficiency and ways to sustainable
daI;wVj vkSj MsLdVkWi ekWfuVj] izdk'k O;oLFkk] ;k=kk ,oa ifjogu] use of air conditioners, computer and desktop monitors,
lighting, travel and transportation, efficient electricity
i;kZIr fctyh dh [kir vkfn ds LFkk;h mi;ksx ds rjhdksa ij Hkh
consumption etc.
/;ku dsfUær djrk gSA
3- D;k cSad laHkkfor i;kZoj.kh; tksf[keksa dh igpku o 3. Does the Bank identify and assess potential environmental
vkadyu djrk gS\ risks?
gk¡] cSad laHkkfor i;kZoj.kh; tksf[keksa dh igpku o vkadyu djrk Yes, the Bank identify and assess potential environmental
gSA cSad vkstksu {k;dkjh inkFkks± ¼vksMh,l½ dk miHkksx@mRiknu risks. Bank restricts extending finance for setting up of
new units consuming / producing the Ozone Depleting
djus okyh ubZ bdkb;ksa dh LFkkiuk ds fy, foÙk iznku djus ij
Substances (ODS). Bank also does not advocate extension
izfrca/k yxkrk gSA cSad Dyksjks¶yksjksdkcZu ¼lh,Qlh½ dk mi;ksx of financial assistance to small / medium scale units
dj ,;jkslksy bdkb;ksa ds fuekZ.k esa yxh y?kq @ e/;e Lrj dh engaged in the manufacture of the aerosol units using
bdkb;ksa dks foÙkh; lgk;rk nsus dh Hkh odkyr ugha djrk gSA Chloro Fluoro Carbons (CFC).
cSad lkof/k _.k ds laforj.k ls igys] tgka dgha vko';d gks] Bank looks into necessary statutory and other approvals
iznw"k.k fu;a=k.k cksMZ lfgr vko';d oS/kkfud vkSj vU; vuqeksnu / permissions including from Pollution Control Board,
wherever required, from the borrower before disbursement
@ vuqefr;ksa dks ns[krk gSA
of Term Loan.
tyok;q tksf[ke dk vkadyu djus ds fy,] cSad us izR;{k vkSj To assess climate risk, Bank has identified industries/
ifjorZu tksf[ke okys m|ksxksa @ {ks=kksa vkSj bu {ks=kksa ds fy, cSadksa sectors that are exposed to physical and transition risk and
Banks total credit exposure towards these sectors. Certain
dk dqy _.k tksf[ke dh igpku dh gSA cSad }kjk dqN m|ksxksa dh
industries have been identified that may be adversely
igpku dh xbZ gS tks tyok;q ifjorZu ls izfrdwy :i ls izHkkfor impacted by climate change and those which are the
gks ldrs gSa vkSj tks fd mHkjrs gq, m|ksx gSaA sunrise industries.
4- D;k cSad ds ikl LoPN fodkl ra=k ls lacaf/kr dksbZ 4. Does the Bank have any project related to Clean
ifj;kstuk gS\ ;fn gka] rks blds ckjs esa yxHkx 50 'kCnksa esa Development Mechanism? If so, provide details thereof,
fooj.k nsaA blds vykok] ;fn gka] rks D;k dksbZ i;kZoj.k in about 50 words or so. Also, if yes, whether any
environmental compliance report is filed?
vuqikyu fjiksVZ ntZ dh xbZ gS\
The Bank does not have any project related to Clean
cSad ds ikl LoPN fodkl ra=k ls lacaf/kr dksbZ ifj;kstuk ugha gSA Development Mechanism. Bank implement various Energy
ge Hkkjr ljdkj @ bafM;u cSad ,lksfl,'ku @ ,uthZ ,Qhf'k;salh conservation guidelines/ policies issued by Government of
l£olst+ fyfeVsM ¼bZbZ,l,y½] vkfn }kjk tkjh fofHkUUk ÅtkZ India/ Indian Banks’ Association/ Energy Efficiency Services
laj{k.k fn'kkfunsZ'kksa @ uhfr;ksa dks ykxw djrs gSaA Limited (EESL), etc.
5- D;k cSad us LoPN izkS|ksfxdh] ÅtkZ n{krk] v{k; ÅtkZ vkfn 5. Has the Bank undertaken any other initiatives on – clean
ds laca/k esa dksbZ vU; igy dh gS\ gka@ughaA ;fn gka rks technology, energy efficiency, renewable energy, etc?
Ñi;k oscist vkfn dk gkbij¯yd miyC/k djk,aA Y/N. If yes, please give hyperlink for web page etc.
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gk¡] LoPN izkS|ksfxdh] ÅtkZ n{krk] v{k; ÅtkZ ij fuEufyf[kr Yes, the following initiatives have been undertaken on –
igysa dh xbZ gSa% clean technology, energy efficiency and renewable energy,
,- gfjr m|e dks viukuk% cSad us lalk/kuksa¼fctyh] ikuh] a. Adoption of Green Practices: Bank has implemented
dkxt] vkfn½ ds laj{k.k ds fy, dqN gfjr izFkkvksa tSls certain Green practices such as digitization, re-use of
fMftVyhdj.k] bZ&dpjs dk iqu% mi;ksx vkfn dks ykxw e-waste etc. to conserve resources (electricity, water,
paper, etc.).
fd;k gSA
ch- fMftVy cSa¯dx% cSad bZ&lsokvksa] tSls ;wihvkbZ Hkqxrku b. Digital Banking: Bank promotes digital banking
¼Hkhe ih,uch½] usV cSa¯dx] eksckby cSa¯dx] xzhu fiu vkfn by way of e-services, such as UPI payment (BHIM
ds mi;ksx ds ek/;e ls fMftVy cSa¯dx dks c<+kok nsrk PNB), use of net banking, Mobile banking, Green Pin
gSA etc.
lh- gfjr vFkZO;oLFkk dks c<+kok nsus ds fy, vU; foÙkh; c. Other Financing Schemes to promote Green
;kstuk,a% gfjr vFkZO;oLFkk dks c<+kok nsus ds fy,] cSad us Economy: To promote Green Economy, Bank has
vusd foÙkh; ;kstuk,a vFkkZr~ ih,uch lkSj ÅtkZ ;kstuk introduced various financing schemes viz., PNB Saur
Urja Yojana (PNB Solar Energy Scheme), Scheme for
¼ih,uch lksyj ,uthZ Ldhe½] bZ&fjD'kk ds foÙkiks"k.k
Financing E-Rickshaws – ‘PNB GREEN RIDE’, Scheme
ds fy, ;kstuk &*ih,uch xzhu jkbM*] ck;ks&xSl bdkb;ksa for Financing Setting Up of Bio-Gas Units, Solar
dh LFkkiuk ds foÙkiks"k.k ds fy, ;kstuk] lkSj ÅtkZ Power Project Financing, Scheme for Financing Green
ifj;kstuk] xzhu gkmlksa ds foÙkiks"k.k dh ;kstuk] e`nk Houses, soil conservation, schemes for installation of
laj{k.k] lkSj ty i¯Eix iz.kkyh dh LFkkiuk ds fy, solar water pumping system, etc.
;kstuk,a vkfn izkjaHk dh gSaA
bls ns[kus ds fy, gkbij¯yd www.pnbindia.in gS The hyperlink for viewing the same is www.pnbindia.in
6- D;k fjiksVZ fd, tk jgs foÙkh; o"kZ gsrq daiuh }kjk mRiUUk 6. Are the Emissions/Waste generated by the Bank within
mRltZu@vif'k"V lhihlhch@,lihlhch }kjk vuqer the permissible limits given by CPCB/SPCB for the
financial year being reported?
lhekvksa ds Hkhrj gSa\
Being a service sector organization, the Bank does not
,d lsok {ks=k laxBu gksus ds ukrs& cSad fdlh Hkh fo"kkä@[krjukd generate any toxic/hazardous pollutants.
iznw"kd dk mRltZu ugha djrk gSA
7. Number of show cause/ legal notices received from CPCB/
7- lhihlhch@,lihlhch ls izkIr ,sls dkj.k crkvks@dkuwuh
SPCB which are pending (i.e. not resolved to satisfaction)
uksfVlksa dh la[;k tks foÙkh; o"kZ dh lekfIr ij yafcr as at end of Financial Year.
¼vFkkZr ftudk larks"ktud lek/kku ugh gks ldk½ jgs\
Being a service sector organization, it is not applicable.
lsok {ks=k dk laxBu gksus ds dkj.k ;g ykxw ugha gksrk gSA
fl)kar VII: dkjksckj tc yksd ,oa fofu;ked uhfr dks izHkkfor djus Principle VII: Businesses, when engaged in influencing public
and regulatory policy, should do so in a responsible manner
esa layXu gksa] rks ,slk ftEesnkjhiwoZd fd;k tkuk pkfg,A
1. Is your Bank a member of any trade and chamber or
1- D;k vkidh cSad fdlh VªsM o pSEcj ;k ,lksfl,'ku dh
association? If Yes, name only those major ones that your
lnL; gS\ ;fn gka rks dsoy mu eq[; laLFkkvksa ds uke business deals with:
crk,a ftuds lkFk vkidk dkjksckj laca/k gSA
Bank is a member of following major Chambers/
cSad fuEufyf[kr izeq[k pSEclZ @ la?kksa dk lnL; gS% Associations:
,½ ,lksfl,VsM pSaclZ vkWQ dkWelZ ,aM baMLVªh vkWQ bafM;k a) Associated Chambers of Commerce and Industry of
¼,lkspSe½ India (ASSOCHAM)
ch½ Hkkjrh; m|ksx ifjla?k ¼lhvkbZvkbZ½ b) Confederation of Indian Industry (CII)
lh½ lkoZtfud miØeksa dh LFkk;h lfefr ¼,llhvksihbZ½ c) Standing Committee of Public Enterprises (SCOPE)
Mh½ ih,pMh pSacj vkWQ dkWelZ¼ih,pMhlhlhvkbZ½ d) PHD Chamber of Commerce. (PHDCCI)
bZ½ ,MfefuLVªsfVo LVkQ dkWyst vkWQ bafM;k] e) Administrative Staff College of India (ASCI)
¼,,llhvkbZ½
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2- D;k vkius dHkh mijksä ,lksfl,'kuksa ds ek/;e ls tufgr 2. Have you advocated/lobbied through above associations
ds fodkl vFkok lq/kkj ds fy, iSjoh@ykW¯cx dh gS\ gka@ for the advancement or improvement of public
ugha( ;fn gka rks Ñi;k O;kid {ks=kksa ¼Mªki ckWDl% vfHk'kklu good? Yes/No; if yes specify the broad areas (drop
box: Governance and Administration, Economic
vkSj iz'kklu] vk£Fkd lq/kkj] lekos'kh fodkl uhfr;ka] Reforms, Inclusive Development Policies, Energy security,
ÅtkZ lqj{kk] ty] [kk| lqj{kk] lrr dkjksckj uhfr;ka] Water, Food Security, Sustainable Business Principles,
vU;½ dk mYys[k djsaA Others).
gk¡] cSa¯dx vkSj foÙk ds O;kid {ks=kksa ij ljdkj vkSj fu;ked ds Yes, the broad areas of banking and finance are discussed in
fofHkUUk eapksa ij ppkZ dh tkrh gSA cSad vkSj mlds 'kh"kZ izca/ku various forums of the Government and the Regulator. Bank
fu;ked vkSj uhfr fuekZrkvksa }kjk cuk, x, fofHkUUk dk;Z nyksa and its Top Management are a part of the various working
groups set up by the Regulator and Policymakers. Thus,
dk fgLlk gSaA bl izdkj] uhfr;ka cukrs le; fofHkUUk vk£Fkd ,oa Bank’s inputs and suggestions regarding various economic
foÙkh; eqíksa ds laca/k esa cSad }kjk fn, buiqV rFkk lqÖkkoksa ij Hkh and financial issues are considered while formulating the
fopkj fd;k tkrk gSA policies.
fl)kar VIII: dkjksckj dks lekos'kh o`f) rFkk lkfE;d fodkl esa Principle VIII: Businesses should support inclusive growth and
lgk;rk djuh pkfg,A equitable development
1- D;k cSad esa fl)kar VIII ls lacaf/kr uhfr ds vuqlj.k esa 1. Does the Bank have specified programmes/initiatives/
fof'k"V dk;ZØe@igy@ifj;kstuk,a gSa\ ;fn gka rks buds projects in pursuit of the policy related to Principle VIII? If
fooj.k nsaA yes details thereof.
cSad lfØ; :i ls lekt ds cSad jfgr vkSj gkf'k, ij j[ks x, The Bank supports inclusive growth and equitable
oxks± dks fofHkUUk mRiknksa vkSj lsokvksa ds izLrko }kjk ljdkj development through Government agenda of financial
ds foÙkh; lekos'ku dh dk;Zlwph ek/;e ls lekos'kh fodkl inclusion by offering various products and services to the
unbanked and marginalized sections of the society. Loans
vkSj U;k;laxr fodkl dk leFkZu djrk gSA le;≤ are distributed through various Government’s schemes
ij fofHkUUk ljdkjh ;kstukvksa uker% iz/kkuea=kh tu /ku from time to time namely from Pradhan Mantri Jan Dhan
;kstuk ¼ih,etsMhokbZ½] iz/kkuea=kh eqæk ;kstuk ¼ih,e,eokbZ½] Yojana (PMJDY), Pradhan Mantri Mudra Yojana (PMMY),
nhun;ky vaR;ksn; ;kstuk&jk"Vªh; xzkeh.k vkthfodk fe'ku Deendayal Antyodaya Yojana-National Rural Livelihoods
¼Mh,okbZ&,uvkj,y,e½] foHksnd C;kt nj ¼MhvkjvkbZ½] Mission (DAY-NRLM), Differential Rate Of Interest (DRI),
nhun;ky vaR;ksn; ;kstuk&jk"Vªh; 'kgjh vkthfodk fe'ku Deendayal Antyodaya Yojana-National Urban Livelihoods
¼Mh,okbZ&,u;w,y,e½] iz/kkuea=kh vkokl ;kstuk ¼ih,e,okbZ½] Mission (DAY-NULM), Pradhan Mantri Awas Yojana (PMAY),
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY),
izèkkuea=kh thou T;ksfr chek ;kstuk ¼ih,etstschokbZ½] iz/kkuea=kh
Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan
lqj{kk chek ;kstuk ¼ih,e,lchokbZ½] iz/kkuea=kh Qly chek ;kstuk Mantri Fasal Bima Yojana (PMFBY), Atal Pension Yojana
¼ih,e,QchokbZ] vVy isa'ku ;kstuk ¼,ihokbZ½] lqdU;k le`f) (APY), Sukanya Samriddhi Yojana (SSY), Basic Saving Bank
;kstuk ¼,l,lokbZ½] ewy cpr cSad tek [kkrk ¼ch,lchMh,½ vkfn Deposit Account (BSBDA), etc.
ds ek/;e ls _.k forfjr fd, tkrs gSaA
cSad oafpr oxks± dks cpr] ØsfMV] dS'k bu vkSj dS'k vkmV lsokvksa] Bank uses Business Correspondent (BC) model to provide
comprehensive financial services to the underprivileged
izs"k.k] chek] isa'ku] E;wpqvy QaM lfgr O;kid foÙkh; lsok,a iznku
sections encompassing Savings, Credit, Cash in & Cash out
djus ds fy, dkjksckj izfrfuf/k ¼chlh½ ekWMy dk mi;ksx djrk gSA services, Remittance, Insurance, Pension, Mutual Fund.
cSad }kjk izkFkfedrk {ks=k ds rgr _.k% izkFkfedrk {ks=k dks Lending Under Priority Sector by the Bank: Credit to
_.k #- ekpZ 2022 rd- #- 283712 djksM+ jgkA =kSekfld ok£"kd Priority Sector stood at Rs. 2,83,712 Crore as on 31st March,
vkSlr lek;ksftr fuoy cSad _.k ¼,,uchlh½ ds fy, izkFkfedrk 2022. The percent of Priority Sector Advances to Quarterly
annual average Adjusted Net Bank Credit (ANBC) is 42.42
{ks=k ds vfxzeksa dk izfr'kr fu/kkZfjr jk"Vªh; y{; 40 izfr'kr ds percent as against the prescribed National Goal of 40
eqdkcys 42-42 izfr'kr gSA percent.
,½ Ñf"k {ks=k ds fy, _.k] 31 ekpZ] 2022 dks #-122708 djksM+ a) Credit to Agriculture sector stood at Rs. 1,22,708 Crore
jgkA =kSekfld ok£"kd vkSlr ,,uchlh esa Ñf"k vfxzeksa dk as on 31st March, 2022. The percentage of Agriculture
Advances to Quarterly annual average ANBC is
izfr'kr 18 izfr'kr ds fu/kkZfjr jk"Vªh; y{; ds eqdkcys
18.35 percent against the prescribed National Goal of
18-35 izfr'kr gSA 18 percent.
201
ch½ NksVs@lhekar fdlkuksa ds fy, _.k] 31 ekpZ] 2022 dks b) Credit to Small/ Marginal Farmers stood at Rs. 65,979
# 65]979 djksM+ jgkA NksVs @ lhekar fdlkuksa dks =kSekfld Crore as on 31st March, 2022. The percentage of
ok£"kd vkSlr ,,uchlh dks vfxzeksa dk izfr'kr 9 izfr'kr advances to Small/ Marginal farmers to Quarterly
annual average ANBC is 9.87 percent as against the
ds fuèkkZfjr jk"Vªh; y{; ds eqdkcys 9-87 izfr'kr gSA prescribed National Goal of 9 percent.
lh½ lw{e m|eksa ds fy, _.k] 31 ekpZ] 2022 dks #- 53963 c) Credit to Micro Enterprises stood at Rs. 53,963 Crore
djksM+ jgkA lw{e m|eksa dks =kSekfld ok£"kd vkSlr as on 31st March 2022. The percentage of advance to
,,uchlh ds fy, vfxze dk izfr'kr 7-50 izfr'kr ds Micro Enterprises to Quarterly annual average ANBC
is 8.07 percent as against the prescribed National Goal
fuèkkZfjr jk"Vªh; y{; ds eqdkcys 8-07 izfr'kr gSA
of 7.50 percent.
Mh½ detksj oxks± ds fy, vfxze] 31 ekpZ] 2022 dks #- 90]002 d) Advances to Weaker Sections stood at Rs. 90,002
djksM+ jgkA frekgh ok£"kd vkSlr ,,uchlh ds 11 izfr'kr Crore as on 31st March, 2022. The achievement is
ds jk"Vªh; y{; ds eqdkcys miyfC/k 13-46 izfr'kr gSA 13.46 percent as against National goal of 11 percent
of Quarterly annual average ANBC.
bZ½ 31 ekpZ] 2022 ds var rd efgyk ykHkk£Fk;ksa ds fy, _.k] e) Credit to women beneficiaries stood at Rs. 77,932.54
77]932-54 djksM+ #i;s FkkA Crore as at the end of 31st March, 2022.
,Q½ 31 ekpZ] 2022 ds var rd vYila[;d leqnk;ksa ds fy, f) Credit to Minority Communities stood at Rs. 27,071.50
_.k] 27]071-50 djksM+ #i;s FkkA Crore as at the end of 31st March, 2022.
th½ vuqlwfpr tkfr@vuqlwfpr tutkfr leqnk;ksa ds fy, g) Credit to SC/ST Communities stood at Rs. 6,664.14
_.k 31 ekpZ] 2022 ds var rd #- 6]664-14 djksM+ jgkA Crore as at the end of 31st March, 2022.
2- D;k ;g dk;ZØe@ ifj;kstuk,a bu&gkml Vhe@Lo;a 2. Are the programmes/projects undertaken through in-
laxBu@ckgjh xSj ljdkjh laxBu@ljdkjh lajpukvksa@ house team/own foundation/external NGO/government
structures/any other organization?
fdlh vU; laxBu ds ek/;e ls 'kq: dh xbZ gSa\
cSad esa le£ir izHkkx gSa] vFkkZr izkFkfedrk {ks=k izHkkx vkSj foÙkh; Bank has dedicated divisions Priority Sector Division,
lekos'ku izHkkx] ,e,l,ebZ izHkkx] dkWiksZjsV lkekftd nkf;Ro Financial Inclusion Division, MSME Division, Corporate
d{k tks foÙkh; lekos'ku vfHk;ku vkSj dkWiksZjsV lkekftd nkf;Ro Social Responsibility Cell that undertake various
ds rgr fofHkUUk dk;ZØeksa@ ifj;kstukvksa dk dk;Z djrs gSaA gekjs programs/projects under the financial inclusion and
Corporate Social Responsibility. The progress at grass-root
vapy dk;kZy;ksa vkSj e.My dk;kZy;ksa ds ek/;e ls Hkh izxfr dh level is also monitored through Zonal Offices and Circle
fuxjkuh dh tkrh gSA Offices.
cM+s iSekus ij lekt ds dY;k.k dh fn'kk esa dke djus okys fofHkUUk Various CSR activities/programmes are undertaken by
xSj ljdkjh laxBuksa] VªLVksa vkSj laxBuksa ds lg;ksx ls iz/kku active participation of CSR team at HO/Zonal Offices in
dk;kZy;@vapy dk;kZy;ksa esa lh,lvkj Vhe dh lfØ; Hkkxhnkjh collaboration with different NGOs, trusts and organization
working towards the welfare of the society at large. PNB
ls fofHkUUk lh,lvkj xfrfof/k;ka@dk;ZØe pyk, tkrs gSaA ih,uch
PRERNA, an association of the wives of the senior officials
izsj.kk] cSad ds ofj"B vf/kdkfj;ksa dh thou lkFkh ds lkFk&lkFk of the Bank along with senior lady officials of the Bank, is
cSad dh ofj"B efgyk vf/kdkfj;ksa dk ,d laxBu gS] tks LosPNk ls voluntarily involved in carrying forward the CSR agenda of
cSad ds lh,lvkj ,tsaMs dks vkxs c<+kus esa ;ksxnku ns jgs gSA the Bank.
3- D;k vkius viuh igy ds izHkkoksa dk dksbZ ewY;kadu fd;k 3. Have you done any impact assessment of your
gS\ initiative?
Proposals are assessed and prior due diligence is done
izLrkoksa dk ewY;kadu fd;k tkrk gS vkSj lacaf/kr QhYM dk;kZy;ksa for requirements with the help of concerned field offices.
dh enn ls vis{kkvksa ds fy, iwoZ leqfpr lko/kkuh dk ikyu fd;k Bank undertakes periodic reviews of various projects and
tkrk gSA cSad fofHkUUk ifj;kstukvksa dh vkof/kd leh{kk djrk regularly assesses their outcomes and performance. As a
gS vkSj budh fLFkfr ,oa izn'kZu dk fu;fer :i ls ewY;kadu result of continuous monitoring and evaluation, Bank has
djrk gSA fujarj fuxjkuh vkSj ewY;kadu ds ifj.kkeLo:i] cSad been able to take corrective steps and has shown good
lq/kkjkRed dne mBkus esa l{ke gks x;k gS vkSj fofHkUUk ljdkjh progress under various Government sponsored and social
security schemes surpassing the budgeted levels.
izk;ksftr rFkk lkekftd lqj{kk ;kstukvksa ds varxZr y{; Lrj dks
ikj djrs gq, vPNh izxfr fn[kkbZ gSA
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4- lkeqnkf;d fodkl ifj;kstukvksa esa vkids cSad dk izR;{k 4. What is your Bank’s direct contribution to community
;ksxnku D;k gS& jkf'k #- esa rFkk lapkfyr dh tk jgh development projects-Amount in INR and the details of
ifj;kstukvksa dk fooj.k nsa\ the projects undertaken?
lkeqnkf;d fodkl dk;ZØe esa cSad ds ;ksxnku dks viuh fofHkUUk The Bank’s contribution to community development
program has been made through its various projects such
ifj;kstukvksa ds ek/;e ls ns[kk tk ldrk gS] ;Fkk %& as:
,- fdlku izf'k{k.k dsaæ ¼,QVhlh½% cSad us 12 fdlku a. Farmers Training Centers (FTCs): Bank has established
izf'k{k.k dsaæ LFkkfir fd, gSaA ,QVhlh Ñf"k vkSj lac) 12 Farmers Training Centres. The FTCs are providing
xfrfof/k;ksa rFkk dEI;wVj] d¯Vx vkSj flykbZ@d<kbZ free of cost training on agriculture & allied activities and
vkSj m|ferk fodkl dk;ZØeksa ij Hkh fu%'kqYd izf'k{k.k also for Computers, cutting & tailoring/ embroidery
iznku dj jgs gSaA LFkkiuk ds ckn ls] ,QVhlh us 55]017 and entrepreneurship development programs. Since
inception, FTCs have imparted training to 16,44,102
izf'k{k.k dk;ZØe vk;ksftr djds 16]44]102 O;fä;ksa dks persons by conducting 55,017 training programs.
izf'k{k.k iznku fd;k gSA ;s izf'k{k.k dsaæ fdlkuksa ds [ksrksa esa These Training Centres have been equipped with the
e`nk ijh{k.k lqfo/kkvksa okyh eksckby oSu vkSj fdlkuksa dks Mobile Van having Soil testing facilities at the farmers’
lwpukRed ohfM;ksa fDyi ds vkWfM;ksa fotqvy izn'kZu ds fields and LED for audio visual display of informative
fy;s ,ybZMh ls ySl gSaA foÙk o"kZ 2021&22 ds nkSjku cSad video clips to the farmers. Bank spent Rs. 475.72 Lakh
us blds rgr 475-72 yk[k #i;s [kpZ fd,A under this during FY 2021-22.
ch- xzkeh.k Lojkstxkj izf'k{k.k laLFkku ¼vkj,lbZVhvkbZ½% b. Rural Self Employment Training Institutes (RSETIs):
Hkkjr esa 76 xzkeh.k Lojkstxkj izf'k{k.k laLFkku There are 76 RSETIs (under aegis of MoRD) and 2 Rural
¼vkj,lbZVhvkbZ½ ¼xzkeh.k fodkl ea=kky; ds rRoko/kku Development Centres (PNB initiatives) operating in
India which are engaged in providing training to rural
esa½ rFkk 2 xzkeh.k fodkl dsaæ ¼ih,uch miØe½ py jgsa gSa]
population and their families for skill up gradation to
tks fd xzkeh.k vkcknh vkSj muds ifjokjksa dks Lojkstxkj undertake self-employment ventures/Jobs. During
miØe@jkstxkj izkIr djus gsrq dkS'ky fodkl ds fy, the FY 2021-22, 41,718 persons were trained in
izf'k{k.k iznku djus esa yxs gq, gSaA foÙkh; o"kZ 2021&22 ds these centers out of which 27,380 belong to BPL
nkSjku] bu dsaæksa esa 41]718 O;fä;ksa dks izf'kf{kr fd;k x;k] families and 32,948 were women. Total number of
ftuesa ls 27]380 chih,y ifjokjksa ls lEc) gSa vkSj 32]948 trained candidates since inception is 4,92,418 out of
efgyk,a gSaA LFkkiuk ds ckn ls izf'kf{kr mEeh}kjksa dh dqy which 2,06,241 were from BPL families and 3,15,856
la[;k 4]92]418 gS] ftuesa ls 2]06]241 chih,y ifjokjksa ls were women. RSETIs are focusing for settlement of
participants by ensuring adequate credit for inclusive
vkSj 3]15]856 efgyk,a gSaA gekjs vkj,lbZVhvkbZ lekos'kh
growth. Total settled candidates are 3,32,028 since
fodkl ds fy, i;kZIr _.k lqfuf'Pkr djds frHkkfx;ksa dks inception. Bank spent Rs. 2753.97 Lakh under this
clkus ds fy, /;ku dsafær dj jgs gSaA LFkkiuk ds ckn ls during FY 2021-22.
dqy 3]32]028 mEehnokj clk, x,A foÙk o"kZ 2021&22 ds
nkSjku cSad us blds rgr #- 2753-97 yk[k [kpZ fd,A
lh- ih,uch ykMyh% ;g ;kstuk xzkeh.k@v/kZ 'kgjh {ks=kksa c. PNB Ladli: The Scheme is meant for popularization
dh yM+fd;ksa ds chp f'k{kk dks yksdfiz; cukus ds fy, of education among girls of Rural / Semi Urban
areas. Under the scheme, Bank is providing for
gSA bl ;kstuk ds rgr] cSad izR;sd igpkus x, xkao dh education inputs of Rs. 2,500/- in lump sum and
10 t:jrean Nk=kkvksa dks f'k{kk lkexzh gsrq ,deq'r Rs. 100/- per month as pocket allowance to 10
2]500@& #i;s vkSj 100@& #i;s izfr ekg ikWdsV HkÙkk ds needy girl students of each identified village.
:i esa iznku dj jgk gSA p;fur ckfydkvksa dks 12oha d{kk Selected girls will continue to get support every
iwjh djus rd gj lky lgk;rk feyrh jgsxhA foÙkh; o"kZ year till they complete 12th class. During FY 2021-22,
2021&22 ds nkSjku 435 Nk=kkvksa ds chp :- 8-47 yk[k Rs. 8.47 Lakh was distributed amongst 435 girls
forfjr fd, x,A vc rd] geus bl ;kstuk ds rgr students. So far, we have distributed Rs. 184.34 Lakh
to 10,126 girls under this scheme upto 31st March,
31 ekpZ] 2022 rd 10]126 ckfydkvksa dks :- 184-34 yk[k
2022.
forfjr fd, gSaA
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Mh- ih,uch fdlku ckyd f'k{kk izksRlkgu ;kstuk% d. PNB Kisan Balak Shiksha Protsahan Yojana: The
xjhc Ñf"k m/kkjdrkZvksa ¼NksVs fdlkuksa] lhekar fdlkuksa] scheme has been launched to provide financial
assistance to the students of poor agriculture
dk'rdkjksa fdlkuksa] ekSf[kd iV~Vsnkjksa vkSj Ñf"k Jfedksa
borrowers comprising of small farmers, marginal
lfgr½ ds Nk=kksa dks foÙkh; lgk;rk iznku djus ds fy, farmers, tenant farmers, oral lessees and agriculture
;g ;kstuk 'kq: dh xbZ gS] c'krsZ mudk _.k [kkrk labour. They are eligible provided their loan account
fu;fer py jgk gksA LFkkiuk ds ckn ls] ;kstukUrxZr is running regular. Since inception, Rs. 47.98 Lakh has
31 ekpZ] 2022 rd 1553 fo|k£Fk;ksa dks #- 47-98 yk[k dh been given as incentive to 1553 students up to 31st
izksRlkgu jkf'k nh xbZ gSA March, 2022 under the scheme.
5- D;k vkius ;g lqfuf'Pkr djus ds fy, dne mBk, gSa fd 5. Have you taken steps to ensure that this community
bl lkeqnkf;d fodkl igy dks leqnk; }kjk lQyrkiwoZd development initiative is successfully adopted by the
viuk;k tk,\ community?
;g lqfuf'Pkr djus ds fy, fd leqnk; }kjk bl lkeqnkf;d To ensure that this community development initiative
fodkl igy dks lQyrkiwoZd viuk;k x;k gS] ih,uch is successfully adopted by the community all the
fodkl&xzke vaxhdj.k ;kstuk] fdlku Dyc] fdlku xks"Bh stakeholders such as local Government, NGOs, Panchayati
Raj Institutions, local residents etc are involved while
vkfn tSlh lkeqnkf;d fodkl igy@;kstukvksa dks ykxw djrs
implementing the community development initiatives/
le; lHkh fgr/kkjdksa tSls LFkkuh; ljdkj] xSj ljdkjh laxBuksa] schemes like PNB VIKAS- Village Adoption Scheme,
iapk;rh jkt laLFkkuksa] LFkkuh; fuokfl;ksa vkfn dks lfEefyr fd;k Kisan Clubs, Kisan Goshthies, etc. The developmental
tkrk gSA fodklkRed xfrfof/k;ksa dh igpku LFkkuh; ,tsafl;ksa activities are identified based on the feedback of the local
dh izfrfØ;k vkSj LFkkuh; tula[;k dh t:jr ds vk/kkj ij dh agencies and requirement of the local populace. Further,
tkrh gSA blds vykok] iapk;rksa@Lo;a lgk;rk lewgksa vkSj muds panchayats/ Self Help Groups and their members are
lnL;ksa dks xfrfof/k;ksa ds ykHk dh laLrqfr djus gsrq lfEefyr involved for advocating the benefits of the activities which
fd;k tkrk gS ftlds ifj.kkeLo:i xfrfof/k;ka@mRiknksa dh results in better acceptability of the activities/ products.
The involvement of the local organizations helps in ensuring
csgrj Lohdk;Zrk cu tkrh gSA LFkkuh; laxBuksa dh Hkkxhnkjh ,sls
the success of such programs facilitate long term positive
dk;ZØeksa dh lQyrk lqfuf'Pkr djus esa enn djrh gS vkSj lekt changes in the society.
esa nh?kZdkfyd ldkjkRed cnyko ykus esa enn djrh gSA
fl)kar IX% dkjksckj dks vius xzkgdksa o miHkksäkvksa ds lkFk Principle IX: Businesses should engage with and provide value
ftEesnkj <ax ls tqM+uk pkfg, rFkk mudks egÙo nsuk pkfg,A to their customers and consumers in a responsible manner
1- foÙkh; o"kZ dh lekfIr ij fdrus izfr'kr xzkgd f'kdk;rsa@ 1. What percentage of customer complaints/consumer
miHkksäk ekeys yafcr jgs\ cases are pending as on the end of financial year?
foÙkh; o"kZ 2021&22 ds var rd yxHkx 1-76% xzkgd f'kdk;rsa Nearly 1.76 percent of customer complaints are pending as
at the end of FY 2021-22.
yafcr gSaA
2- D;k cSad mRikn ds yscy ij LFkkuh; dkuwuksa ds vuqlkj 2. Does the Bank display product information on the product
vfuok;Z lwpuk ds vfrfjä mRikn dk vU; fooj.k Hkh label, over and above what is mandated as per local laws?
izn£'kr djrh gS\ gk¡@ugha@ykxw [email protected];ka ¼vfrfjä Yes/No/N.A. /Remarks(additional information)
lwpuk½
gk¡] cSad }kjk is'k fd, tkus okys fofHkUUk foÙkh; mRiknksa ds fooj.k Yes, the details of various financial products offered by
cSad dh osclkbV ij foKkfir fd, tkrs gSa( vkSj iSEQysVksa ,oa the Bank are advertised on the Bank’s website; awareness
czks'kjksa ds ek/;e ls buds ckjs esa tkx:drk QSykbZ tkrh gSA is also spread via pamphlets and brochures. Bank also
advertises its products via print, electronic and social
cSad ¯izV] bySDVªkWfud rFkk lks'ky ehfM;k }kjk esa Hkh mRiknksa ds
media. It maintains an active presence on various social
foKkiu fn, tkrs gSaA Qslcqd] fV~oVj vkSj ¯yDMbu] ;wV~¸kwc tSls media platforms such as Facebook, Twitter, LinkedIn and
fofHkUUk lks'ky ehfM;k eapksa ij Hkh cSad us viuh lfØ; mifLFkfr Youtube which effectively advertise various features of the
ntZ dh gS] tgk¡ cSad }kjk miyC/k djk, tk jgs mRiknksa o lsokvksa products and services offered by the Bank.
dh fo'ks"krkvksa dks izHkkoh <ax ls izn£'kr fd;k tkrk gSA
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3- D;k xr 5 o"kks± ds nkSjku fdlh Hkh fgr/kkjd }kjk cSad ds 3. Is there any case filed by any stakeholder against the Bank
fo#) vuqfpr O;kikj i)fr;ksa] xSj ftEesnkjkuk foKkiu regarding unfair trade practices, irresponsible advertising
rFkk@vFkok izfrLi/kkZ&jks/kh O;ogkj ds laca/k esa nk;j and/or anti-competitive behaviour during the last five
years and pending as at the end of financial year. If so,
fd;k x;k dksbZ ekeyk foÙkh; o"kZ ds var rd yafcr jgk\
provide details thereof, in about 50 words or so.
;fn ,slk gS rks yxHkx 50 'kCnksa esa bldk fooj.k nsaA
bl Js.kh ds rgr] vuqfpr O;kikj O;ogkj Js.kh ds varxZr ih- Under this category, one matter namely P. Ramadevi is
pending before State Commission Madurai (Chennai Circle)
jkeknsoh ds uke ls ,d ekeyk jkT; vk;ksx enqjS ¼psUUkbZ eaMy½ ds
under the unfair trade practices category.
le{k yafcr gSA
4- D;k vkidh cSad us dksbZ miHkksäk losZ{k.k@miHkksäk larqf"V 4. Did your Bank carry out any consumer survey/consumer
satisfaction trends?
izo`fÙk dk fo'ys"k.k fd;k gS\
Bank fully realizes the importance of customer service
cSad xzkgd lsok ds egRo dks iw.kZ :i ls leÖkrk gS vkSj xzkgdksa and continues to lay utmost priority to render prompt and
dks Rofjr vkSj dq'ky lsok iznku djus ds fy, loksZPp izkFkfedrk efficient services to customers. In order to achieve the
nsrk gSA okafNr mís'; dks izkIr djus ds fy,] cSad us xzkgd lsok desired objective, Bank has formulated a robust Grievance
ij Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa dks /;ku esa j[krs gq, Redressal Policy keeping in view the guidelines issued by
Reserve Bank of India on Customer Service. Every possible
,d etcwr f'kdk;r fuokj.k uhfr rS;kj dh gSA f'kdk;r fuokj.k effort is made to redress the grievances of customers
uhfr esa fu/kkZfjr <kaps ds Hkhrj xzkgdksa dh f'kdk;rksa dk fuokj.k within the framework laid down in the Grievance Redressal
djus ds fy, gj laHko iz;kl fd;k tkrk gSA Policy.
cSad ds ikl ,d vkWuykbu f'kdk;r fuokj.k izca/ku iksVZy gS ftls Bank has an On-line Grievance Redressal Management
dsaæhÑr f'kdk;r fuokj.k izca/ku iz.kkyh ¼lhthvkj,e,l½ dgk Portal called Centralized Grievance Redressal Management
tkrk gS] tks bu&gkml iksVZy gSA bl iz.kkyh ds ek/;e ls] xzkgd System (CGRMS), which is in-house Portal. Through this
system, the customer gets an immediate acknowledgement
dks rRdky ikorh feyrh gS vkSj og f'kdk;r dk VªSd Hkh j[k and can keep a track of the complaint also. Customers can
ldrk gSA xzkgd cSad dh osclkbV] baVjusV cSa¯dx lsok] eksckby lodge their requests/complaints in the CGRMS through
cSa¯dx lsok vkSj eksckby ,si ds ek/;e ls lhthvkj,e,l esa vius Bank’s website, Internet Banking Service, Mobile Banking
vuqjks/k@f'kdk;r ntZ djk ldrs gSaA Service and Mobile App.
nks izeq[k lsok iznkrkvksa ds ek/;e ls vius xzkgdksa dks 24 × 7 × 365 Bank has state-of-the-art Primary Contact Centers at
vk/kkj ij Vsyh&cSa¯dx lsok,a iznku djus ds fy, cSad ds xq#xzke Gurugram and Noida to provide tele-banking services to
vkSj uks,Mk esa vR;k/kqfud izkFkfed laidZ dsaæ gSaA its customers on 24 × 7 × 365 basis through two leading
service providers.
cSad@'kk[kkvksa }kjk iznku dh tk jgh lsok dh xq.koÙkk ij xzkgd Bank also invites nominated customers representative from
dh izfrfØ;k izkIr djus ds fy, cSad iz/kku dk;kZy; esa ,d mPp different segments in the quarterly meetings of Customer
Service Committee of Board & Standing Committee on
Lrjh; lfefr] cksMZ dh xzkgd lsok lfefr vkSj xzkgd lsok ij
Customer Service, a high-level committees at Head Office,
LFkk;h lfefr dh =kSekfld cSBdksa esa fofHkUUk {ks=kksa ls ukfer xzkgd to have their feedback on the quality of service being
izfrfuf/k;ksa dks vkeaf=kr djrk gSA xzkgd lsok dh xq.koÙkk esa lq/kkj rendered by the Bank/Branches. Monthly meetings with
djus ds fy, izfrfØ;k @lqÖkko izkIr djus ds fy, izR;sd ekg esa customers are also being conducted in all the Branches
10osa fnu ¼;fn vodk'k gks rks vxys fnu½ lHkh 'kk[kkvksa esa xzkgdksa on 10th Day (if holiday then next day) in every month to
obtain feedback/suggestions for making improvement in
ds lkFk ekfld cSBdsa Hkh dh tk jgh gSaA the quality of customer service.
cSad us lsok ds Lrj dk vkdyu djus ds fy, 'kk[kkvksa dk xqIr Bank has constituted teams of officials at Customer Care
nkSjk djus ds fy, iz/kku dk;kZy;] vapy dk;kZy;ksa vkSj eaMy Centre at Head Office, Zonal Offices and Circle Offices
dk;kZy;ksa esa xzkgd lsok dsaæ esa vf/kdkfj;ksa dh Vheksa dk xBu to pay incognito visit to branches to assess standard of
service
fd;k gSA
cSad laidZ dsaæksa ds ek/;e ls losZ{k.k djds vkSj vkmVckmaM dkWy Bank is also obtaining feedback from customers about
djds lsok dh xq.koÙkk] 'kk[kkvksa ds ifjlj vkfn ds ckjs esa xzkgdksa quality of service, ambience of branches, etc. by conducting
ls izfrØ;k Hkh izkIr dj jgk gSA surveys and making outbound calls through Contact
Centers.
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GE
dkWiksZjsV lkekftd mÙkjnkf;Ro fjiksVZ 2021-22
Corporate Social Responsibility
Report 2021-22
#
okf"kZd lh,lvkj fjiksVZ 2021&22
ds fy, ,eMh ,oa lhbZvks dk lans'k
MD & CEO message for
Annual CSR Report 2021-22
fç; 'ks;j/kkjdksa] Dear Shareholders,
foÙkh; o"kZ 2021&2022 ds fy, iatkc uS'kuy cSad ¼ih,uch½ dh It gives me immense pleasure to present the Corporate Social
dkWjiksjsV lkekftd mÙkjnkf;Ro ¼lh,lvkj½ fjiksVZ çLrqr djrs gq, Responsibility (CSR) Report of Punjab National Bank (PNB) for
eq>s vikj çlUurk dk vuqHko gks jgk gSA ;g fjiksVZ tu LokLF;] f'k{kk] the fiscal year 2021-2022. The report highlights our initiatives
in the area of Bank's contribution towards public health,
cqfu;knh <kaps] lkekftd dY;k.k xfrfofèk;ksa esa cSad ds ;ksxnku esa education, infrastructure, community welfare activities. It also
gekjs }kjk fd, x, uokpkjksa ij çdk'k Mkyrh gSA ;g lkekftd :i ls highlights our commitment and progress in becoming a more
vfèkd mÙkjnk;h dkWikZsjsV laLFkk cuus dh gekjh çfrc)rk vkSj çxfr socially responsible Corporate Entity.
dks Hkh n'kkZrh gSA
ih,uch esa] ge ^^lekt dks okil nsuk** ds vkn'kZ fl)kar dk vuqikyu At PNB, we are guided by the principle motto of "Giving back
djrs gSaA gekjh lh,lvkj uhfr] lekt ds lkFk cSad ds lkekftd lacaèkksa to the society". Our CSR policy is created to ensure an effective
dks l'kä cukus ds fy, cM+s iSekus ij çHkkoh vkSj lrr lh,lvkj and sustained CSR programme to strengthen the social ties of
dk;ZØe lqfuf'pr djus ds fy, cukbZ xbZ gSA the Bank with the community at large.
dkWikZsjsV xfrfofèk;ksa dk fu"iknu djrs le;] ge vius vkfFkZd] While performing corporate activities, we are aware of
i;kZoj.kh;] lkekftd vkSj vfHk'kklu mÙkjnkf;Roksa dk è;ku j[krs our economic, environmental, social and governance
gSaA gekjs fy,] dkWikZsjsV lkekftd mÙkjnkf;Ro gekjs lHkh fgrèkkjdksa responsibilities. For us, corporate social responsibility forms an
tSls gekjs 'ks;jèkkjdksa] xzkgdksa] deZpkfj;ksa vkSj laiw.kZ lekt ds çfr integral part of the business strategy of growing responsibly,
c<+rh ftEesnkfj;ksa] lacaèkksa vkSj tqM+ko dks çxk<+ cukus dh O;kolkf;d deepening relationships and engagement with all our
j.kuhfr dk ,d vfHkUu vax gSA cSad] lcls cM+s ?kjsyw cSadksa esa ls ,d gksus stakeholders viz. our shareholders, customers, employees and
ds ukrs lekt esa yksxksa ds thou dks csgrj cukus ds LFkkuh; vkSj jk"Vªh; the society as a whole. The bank fully realizes its role as one
of the largest domestic banks in supporting local and national
iz;klksa dk lg;ksx dj vius dÙkZO; dk iw.kZ :i ls fuoZgu djrk gSA efforts in making the lives of the people in the society better.
foxr o"kZ dksjksuk ok;jl ds çHkko ds dkj.k pqukSrhiw.kZ jgk ftlus u
The past year was challenging due to the outbreak of corona
dsoy vFkZO;oLFkk dks iaxq djds iwjs {ks=k esa dkjksckj dks ckfèkr fd;k] virus which not only paralyzed the economy and disrupted
cfYd blus ekuo thou dks vHkwriwoZ ihM+k Hkh nhA bu dfBukb;ksa ds businesses across the sector, but also caused unprecedented
ckotwn] ge ih,uch esa] jk"Vª&fuekZ.k vkSj lkeqnkf;d drZO;ksa ds çfr suffering to human lives. Despite these difficulties, we at PNB,
çfrc) jgsA remained committed to nation-building and community duties.
leh{kkèkhu o"kZ ds nkSjku] geus thou dh xq.koÙkk esa lqèkkj ds eq[; During the year under review, we carried out activities in the
mís'; ds lkFk i;kZoj.kh; [krjksa ds jksdFkke] vkfFkZd fodkl vkSj areas of prevention of environmental hazards, economic
lkekftd çxfr ds {ks=kksa esa xfrfofèk;ksa dks vatke fn;kA development and social progress with the core objective of
improving the quality of life.
geus Hkkjr ljdkj }kjk jk"Vªh; LokLF; fe'ku ds rgr 'kq: dh xbZ We provided oxygen cylinders, critical medical equipment, masks,
igy Þjksxh dY;k.k lfefr;ksaß ds lg;ksx ls LokLF; ds cqfu;knh <kaps oximeters, thermal scanners, ambulances etc. to hospitals and
dks lqfoèkk laiUu cukus ds fy, 111 vxz.kh ftyksa ds vLirkyksa vkSj xSj NGOs in 111 lead districts for upscaling of health infrastructure in
ljdkjh laxBuksa dks vkWDlhtu flysaMj] egRoiw.kZ fpfdRlk midj.k] collaboration with Rogi Kalyan Samitis; an initiative started under
ekLd] vkWDlhehVj] FkeZy LdSuj] ,Ecqysal vkfn çnku fd,A foÙkh; o"kZ National Health Mission by Govt. Of India. During F.Y. 2021-22,
2021&22 ds nkSjku] lh,lvkj ctV esa ls 919-60 yk[k #i;s dh jkf'k an amount of Rs. 919.60 lakhs was utilized out of the CSR Budget
dk mi;ksx Hkkjr ljdkj dh mä igy ds fy, fd;k x;kA geus dbZ for the aforesaid initiative of the Govt. Of India. We also helped
jkT;ksa] fo'ks"k :i ls xqokgkVh vkSj rfeyukMq esa LokLF; volajpuk esa in improvement of the health infrastructure in several regions,
particularly in Guwahati and Tamil Nadu.
lqèkkj djus esa Hkh lgk;rk dhA
208
ge foÙkh; lsokvksa] LokLF; lsok] f'k{kk vkSj vU; lqfoèkkvksa rd lhekar We continued to work diligently for the upliftment of the
vkSj cSafdax ds oafpr yksxksa dh igqap dks etcwr djds muds mRFkku ds marginalized and unbanked people by strengthening their
fy, deZBrkiwoZd dk;Z dj jgs gSa( vkSj lkekftd&vkfFkZd l'kfädj.k access to financial services, healthcare, education and other
facilities; and contributed to India's drive for socio-economic
ds fy, Hkkjr ds vfHk;ku esa ;ksxnku ns jgs gSaA ih,uch fodkl igy empowerment. Our activities under the PNB VIKAS initiative
ds rgr xfrfofèk;ksa ds ekè;e ls geus ekuo lalkèku fodkl] vkfFkZd aided the development of 295 villages across the country in
fodkl vkSj cqfu;knh <kaps ds fodkl ds ekeys esa ns'kHkj ds 295 xkaoksa ds terms of human resource development, economic development
fodkl esa lg;ksx fd;kA foÙkh; o"kZ 2021&22 ds nkSjku bl ;kstuk ds and infrastructure development. During F.Y. 2021-22, an amount
rgr 95-92 yk[k #i;s dh jkf'k dk O;; fd;k x;kA of Rs. 95.92 lakhs was spent under the scheme.
geus vius 76 vkj,lbZVhvkbZ ¼xzkeh.k Lojkstxkj çf'k{k.k laLFkkuksa½ We also stepped up our efforts to promote financial inclusion,
vkSj 12 fdlku çf'k{k.k dsaæksa ds ekè;e ls foÙkh; lekos'ku vkSj foÙkh; financial literacy and skill development through our 76 RSETIs
lk{kjrk] dkS'ky fodkl dks c<+kok nsus ds vius ç;klksa dks Hkh xfr nh (Rural Self Employment Training Institutes) & 12 Farmers
gSA foÙkh; o"kZ 2021&22 ds nkSjku] bu dsaæksa esa 41]683 O;fä;ksa dks Training Centres. During the F.Y. 2021-22, 41,683 persons were
trained in these centers out of which 27,349 belong to BPL
çf'kf{kr fd;k x;k Fkk] ftuesa ls 27]349 chih,y ifjokjksa ls lacaèk j[krs
families and 32,948 were women.
Fks vkSj 32]948 efgyk,a FkhaA
ge lHkh tkurs gSa fd vU;k; vkSj lkekftd vlekurkvksa ls yM+us We all know that education is crucial for fighting injustice and
ds fy, f'k{kk egRoiw.kZ gSA la;qä jk"Vª ds xq.koÙkkiw.kZ f'k{kk ds lrr social inequalities. Inspired by the UN Sustainable Development
fodkl ds y{;ksa ls çsfjr gksdj] ge lHkh ds fy,] fo'ks"k :i ls Goals on quality education, we endeavor to offer inclusive and
ckfydkvksa ds fy, lekos'kh vkSj leku xq.koÙkkiw.kZ f'k{kk çnku djus equitable quality education and promote lifelong learning
opportunities for all, especially the girl child. As a part of our
vkSj vkthou f'k{k.k ds voljksa dks c<+kok nsus dk ç;kl djrs gSaA gekjh
PNB Ladli scheme, which aims to promote education among
ih,uch ykMyh ;kstuk ds ,d Hkkx ds :i esa] ftldk mís'; xzkeh.k school girls in rural and semi-urban areas, we contributed a
vkSj vèkZ&'kgjh {ks=kksa esa Ldwyh Nk=kkvksa esa f'k{kk dks c<+kok nsuk gS] geus sum of Rs 8.47 lakhs for education of 435 female students. We
435 Nk=kkvksa dh f'k{kk ds fy, 8-47 yk[k #i;s dk ;ksxnku fn;kA also helped in renovating the infrastructure of Govt. Schools in
geus Hkkjr ljdkj dh fo|katfy igy ds vuqlkj ljdkjh Ldwyksa ds accordance with the Government Of India's Vidyanjali initiative.
cqfu;knh <kaps ds uohuhdj.k esa Hkh lg;ksx fn;kA
ih,uch [ksyksa dks c<+kok nsus vkSj çfrHkk'kkyh f[kykfM+;ksa dks çksRlkfgr PNB has also been at the forefront of promoting sports and
djus esa Hkh lnSo vxz.kh jgk gSA gekjh ih,uch gkWdh Vhe ns'k ds jk"Vªh; encouraging talented players. Our PNB Hockey Team continues
to be a significant initiative for promoting the national sport of
[ksy dks c<+kok nsus ds fy, ,d egRoiw.kZ igy cuh gqbZ gS vkSj vxyh
the country and providing opportunities for the next generation
ih<+h ds ,FkyhVksa dks viuh {kerkvksa dk çn'kZu djus ds volj çnku of athletes to demonstrate their abilities.
djrh gSA
ih,uch efgykvksa dks l'kä cukus vkSj muds lkekftd&vkfFkZd PNB focuses on empowering women and promoting their
fodkl dks c<+kok nsus ij Hkh è;ku dsafær djrk gSA bl vofèk esa vU; socio- economic growth. This period comprised of among other
ckrksa ds vykok] efgyk dsafær LokLF; chek ikWfyfl;ksa dk 'kqHkkjaHk] things, the launch of women-centric health insurance policies,
dksydkrk vkSj fgekpy çns'k esa jkT; vkink çcaèku çdks"B esa ;ksxnku] contributions to the state disaster management cell in Kolkata
and Himachal Pradesh, tree plantation drives, child welfare
o`{kkjksi.k vfHk;ku] cky dY;k.k vkSj f'k{kk 'kkfey gSaA cSad dk and education. Bank's CSR wing PNB Prerna is an association
lh,lvkj foax ih,uch çsj.kk cSad dh ofj"B efgyk vfèkdkfj;ksa vkSj comprising of senior women officials of the bank and the wives
cSad ds ofj"B vfèkdkfj;ksa dh ifRu;ksa dk ,d la?k gS] ftldk çkFkfed of senior bank officials, whose primary goal is to promote the
mís'; cSad ds lh,lvkj ç;klksa dks c<+kok nsuk gSA bank's CSR efforts.
vxzrj] ge ,d lekos'kh vkSj lrr dkjksckj ds fuekZ.k esa fuos'k Going forward, we will continue to invest in building an inclusive
djuk tkjh j[ksaxs tks leqnk;ksa dks] fo'ks"k :i ls oafpr] detksj vkSj and sustainable business that benefits communities, especially
vfèkdkjghu oxZ dks ykHkkfUor djrk gSA eSa vius lHkh fgrèkkjdksa] tks those who are disadvantaged, vulnerable and marginalized. I
ge ij viuk foÜokl cuk, j[krs gSa vkSj gesa vkSj vfèkd ç;kl djus ds would like to end by expressing my heartfelt gratitude to all our
fy, çsfjr djrs jgrs gSa] ds çfr gkfnZd d`rKrk O;ä djrs gq, viuh stakeholders who continue to repose their faith in us and keep
pushing us to strive for more. I look forward to your continued
ckr lekIr djuk pkgrk gwaA eSa vkids lrr çksRlkgu vkSj leFkZu dh encouragement and support as we work towards our goal of
vk'kk djrk gwa D;ksafd ge mu leqnk;ksa ds thouLÙkj esa lqèkkj ykus ds improving the quality of life of the communities we serve.
vius y{; dh fn'kk esa dk;Z djrs gSa ftudh ge lsok djrs gSaA
vrqy dqekj xks;y Atul Kumar Goel
Managing Director & Chief Executive Officer
çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjh
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dkWiksZjsV lkekftd mÙkjnkf;Ro fjiksVZ 2021&22 Corporate Social Responsibility Report 2021-22
ih,uch lh,lvkj fjiksVZ 2021&22 PNB CSR Report 2021-22
iatkc uS'kuy cSad dk dkWiksZjsV lkekftd mÙkjnkf;Ro Punjab National Bank’s Corporate Social
n`f"Vdks.k Responsibility Approach
1- iatkc uS'kuy cSad dkWiksZjsV lkekftd mÙkjnkf;Ro ¼lh,lvkj½ 1. Punjab National Bank views Corporate Social Responsibility
dks LFkk;h rjhds ls lekt dks vk£Fkd vkSj lkekftd :i ls (CSR) as its commitment to uplift and empower the society
economically and socially in a sustainable manner. The
fodflr djus vkSj l'kä cukus dh viuh izfrc)rk ds :i esa
bank recognizes the interests of the Society, environment
ns[krk gSA cSad lekt] i;kZoj.k vkSj vius fgr/kkjdksa dh o`f) vkSj and its stakeholders to provide them with a conducive
fodkl ds fy, ,d vuqdwy LFkku iznku djus gsrq muds fgrksa dks space for growth and development. The commitment
fpfºur djrk gSA lkeqnkf;d fodkl esa LFkk;h rjhds ls lg;ksx comes to life through our investment in institutions
djus vkSj c<+kok nsus ds fy, laLFkkuksa vkSj dk;ZØeksa esa gekjs and programmes to support and enhance community
fuos'k ds ek/;e ls thou esa izfrc)rk vkrh gSA foÙk o"kZ 2021&22 development in a sustainable fashion. During F.Y. 2021-22,
ds nkSjku] pwafd iwjh nqfu;k dksfoM&19 egkekjh ls twÖk jgh Fkh] as the whole world was suffering from COVID-19 pandemic,
lh,lvkj xfrfof/k;ksa us jk"Vª dh LokLF; lsokvksa ij cy fn;kA the CSR activities laid emphasis on health services of the
nation. Bank contributed towards various relief measures
cSad us egkekjh dk lkeuk djus ds fy, fofHkUUk jkgr mik;ksa tSls
like distribution of food packets, masks and sanitizers,
Hkkstu ds iSdsV] ekLd vkSj lSfuVkbt+j] xzkeh.k {ks=kksa esa ,Ecqysal ambulances in rural areas and medical equipments to
vkSj fpfdRlk midj.kksa dk forj.k dj viuk ;ksxnku fn;kA counter the disease.
2- O;olk; j.kuhfr ds lkFk lh,lvkj dh vo/kkj.kk dks ,dhd`r 2. To integrate the concept of CSR with Business Strategy, the
djus gsrq] cSad fuEufyf[kr izfrc)rk,a djrk gS% Bank makes the following commitments:
2-1 fLFkjrk 2.1 Sustainability

ih,uch ifjorZu dk ,d mRizsjd cuus dk bjknk j[krk gS tks orZeku PNB intends to be a catalyst for change that benefits present
vkSj Hkkoh ihf<+;ksa dks ykHkkfUor djsxkA gekjs eq[; O;olk; vkSj mlls and future generations. Sustainability is an integral part of
vkxs dh ih,uch dh xfrfof/k;ksa dk fLFkjrk ,d vfHkUUk vax gSA bl PNB’s activities – in our core business and beyond. Thus, we
believe in being responsible to all our stake holders, society and
izdkj] ge vius lHkh fgr/kkjdksa] lekt vkSj i;kZoj.k ds izfr mÙkjnk;h
the environment.
cuus esa fo'okl j[krs gSaA
vius iz/kku dk;kZy;] }kjdk] ubZ fnYyh esa ih,uch ds lh,lvkj&lg&cqd ykWUp bosaV ds nkSjku mifLFkr
Jh vrqy dqekj xks;y] ,eMh ,oa lhbZvks ¼e/; esa½A
Sh. Atul Kumar Goel, MD & CEO (at centre) during PNB’s CSR-cum-book launch event at its Head Office,
Dwarka, New Delhi.
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2-2 dkWiksZjsV LosPNk 2.2 Corporate Volunteering
gekjh lh,lvkj igyksa dk eq[; mís'; Þlekt dks okil nsuk** gSA “Giving back to the society” is the prime objective behind our
lh,lvkj ds laca/k esa ge vius deZpkfj;ksa dks tks lans'k nsrs gSa] og ;g CSR initiatives. The message that we give to our staff regarding
gS fd vkt ge tks dqN Hkh djsaxs] mldk izHkko vkus okyh ihf<+;ksa ij CSR is that whatever we do today will have an impact on future
generations. Thus, we undertake CSR activities with active
iM+sxkA bl izdkj ge LVkQ lnL;ksa dh lfØ; Hkkxhnkjh vkSj LFkkuh; participation from staff members and participation of local
vkcknh dh Hkkxhnkjh ds lkFk lh,lvkj xfrfof/k;ka djrs gSaA populace also.
2-3 lkekftd fuos'k 2.3 Social Investments
lkekftd :i ls mÙkjnk;h laxBu gksus ds ukrs] ge fdlku dY;k.k Being a socially responsible organization, we contribute to society
VªLV] 'krkCnh xzkeh.k fodkl VªLV] ih,uch izsj.kk] fdlku izf'k{k.k through Farmers Welfare Trust, Centenary Rural Development
dsaæ] foÙkh; lk{kjrk vkSj ØsfMV ijke'kZ dsaæ rFkk xzkeh.k Lojkstxkj Trust, PNB Prerna, Farmers’ Training Centres, Financial Literacy &
Credit Counseling Centres and Rural Self Employment & Training
vkSj izf'k{k.k laLFkkuksa ds ek/;e ls lekt esa ;ksxnku djrs gSaA ge
Institutes. We help the underprivileged communities to overcome
oafpr leqnk;ksa ds Hkfo"; dks laokjus ds fy, f'k{kk vkSj dkS'ky fodkl unemployment and poverty for shaping their future through
dk;ZØeksa ds ek/;e ls mudh csjkstxkjh vkSj xjhch nwj djus esa lg;ksx education and skill development programmes. All these initiatives
djrs gSaA bu lHkh igyksa dks lkekftd fuos'k ds :i esa ekuk tkrk gSA are considered as social investment.
fdlku ijh{k.k dsaæ ¼FTC½% cSad us 12 fdlku izf'k{k.k dsUæksa dh Farmers Training Centres (FTCs): Bank has established 12
LFkkiuk dh gSA fdlku izf'k{k.k dsaæ d`f"k ,oa lEcfU/kr xfrfof/k;ksa Farmers Training Centres. The FTCs are providing free of cost
ij fu%'kqYd izf'k{k.k iznku dj jgs gSaA bu izf'k{k.k dsaæksa dks fdlkuksa training on agriculture & allied activities. These Training Centres
ds [ksrksa esa e`nk ijh{k.k lqfo/kkvksa okyh eksckby oSu vkSj fdlkuksa dks have been equipped with the mobile van having Soil Testing
facilities at the farmers’ fields and LED for audio visual display
lwpukRed ohfM;ks fDyi ds n`';&JO; izn'kZu ds fy, ,ybZMh ls ySl of informative video clips to the farmers. The Bank spent Rs
fd;k x;k gSA cSad us foÙk o"kZ 2021&22 ds nkSjku blds rgr 475-72 475.72 Lakh under this during F.Y. 2021-22.
yk[k #i;s [kpZ fd,A
ih,uch ykMyh% ;g ;kstuk xzkeh.k@v/kZ'kgjh {ks=k dh ckfydkvksa ds PNB Ladli: The Scheme is meant for popularization of education
chp f'k{kk dks yksdfiz; cukus ds fy, gSA foÙk o"kZ 2021&22 ds nkSjku] among girls of Rural /Semi urban area. During F.Y. 2021-22, Rs.
435 Nk=kkvksa dks 8-47 yk[k #i;s forfjr fd, x,A 8.47 lakh was distributed among 435 girl students.
xzkeh.k Lojkstxkj izf'k{k.k laLFkku ¼RSETI½% Hkkjr esa 76 Rural Self Employment Training Institutes (RSETIs): There are
vkj,lbZVhvkbZ ¼xzkeh.k fodkl ea=kky; ds rRoko/kku esa½ vkSj 2 xzkeh.k 76 RSETIs (under aegis of MoRD) and 2 Rural Development
Centers (PNB initiatives) operating in India which are engaged
fodkl dsaæ ¼ih,uch dh igysa½ ifjpkfyr gSa tks xzkeh.k vkcknh vkSj
in providing training to rural population and their families for
muds ifjokjksa dks Lojkstxkj m|e@jkstxkj ds fy, dkS'ky mUUk;u skill upgradation to undertake self-employment ventures/
gsrq izf'k{k.k iznku dj jgs gSaA foÙk o"kZ 2021&22 ds nkSjku] bu dsaæksa Jobs. During the F.Y. 2021-22, 41,683 persons were trained in
esa 41]683 O;fä;ksa dks izf'kf{kr fd;k x;k] ftuesa ls 27]349 chih,y these centers out of which 27,349 belong to BPL families and
ifjokjksa ls Fks vkSj 32]948 efgyk,a FkhaA foÙk o"kZ 2021&22 ds nkSjku 32,948 were women. Total expenditure incurred in F.Y. 2021-22
vkj,lbZVhvkbZ ds fy, dqy 27-54 djksM+ #i;s [kpZ fd, x,A for RSETIs is 27.54 Crore.
ih,uch vkj,lbZVhvkbZ] tgkukckn] fcgkj dh efgyk izf'k{kqvksa }kjk tu tkx:drk vfHk;kuA

Public awareness drive by women trainees of PNB RSETI, Jehanabad, Bihar
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ih,uch fodkl ;kstuk% bl ;kstuk ds rgr cSad us vius lh,lvkj PNB VIKAS YOJANA: The Bank under this scheme adopted 295
QaM ds ek/;e ls 295 xkaoksa dks muds lexz fodkl ds fy, xksn fy;kA villages for their holistic development through its CSR Fund.
During F.Y. 2021-22, total amount of Rs. 95.92 lakhs was spent
foÙk o"kZ 2021&22 ds nkSjku ;kstuk ds rgr dqy 95-92 yk[k #i;s [kpZ
under the scheme.
fd, x,A
foÙk o"kZ 2021&22 ds nkSjku fo'ks"k lh,lvkj igy Special CSR Initiative During F.Y. 2021-22
vxz.kh ftyksa esa lh,lvkj% CSR in Lead Districts:

iatkc uS'kuy cSad Hkkjr ds 111 ftyksa esa vxz.kh cSad gS] ftlesa Punjab National Bank is the lead Bank in 111 districts of India,
ls 8 vkdka{kh ftys gSaA vkdka{kh ftys Hkkjr ds os ftys gSa] tks [kjkc out of which, 8 are aspirational districts. Aspirational Districts
lkekftd&vk£Fkd lwpdksa ls izHkkfor gSaA lkekftd :i ls ,d are those districts in India, that are affected by poor socio-
economic indicators. Being a socially responsible organization,
mÙkjnk;h laxBu gksus ds ukrs] gekjs cSad us LokLF; lqfo/kkvksa dks c<+kus
our bank decided to contribute Rs. 20.00 lakhs (Rupees Twenty
ds fy, izR;sd ftys dks 20-00 yk[k ¼chl yk[k #i;s ek=k½ vkSj VSDl lakhs only) plus taxes to each district to upscale the healthcare
dk ;ksxnku djus dk fu.kZ; fy;kA bl igy dk mís'; ykHkkFkhZ ftyksa facilities. The initiative aimed at strengthning the Government’s
esa ekStwnk LokLF; iz.kkyh dks lqfo/kk laiUUk cukdj vkSj muds mUUk;u initiative of Rogi Kalyan Samitis by upscaling and upgradation
}kjk jksxh dY;k.k lfefr;ksa dh ljdkj dh igy dks l'kä cukuk gSA of existing health system in the beneficiary districts. A total of
bl igy ij dqy 9-19 djksM+ #i;s [kpZ fd, x,A bl igy esa lacafèkr Rs. 9.19 Crores was utilized on this initiative. The initiative saw an
ftyksa esa cSad ds vf/kdkfj;ksa vkSj LFkkuh; iz'kklu@lh,evks ¼vksa½ dh active participation of Bank’s officials and local administration/
lfØ; Hkkxhnkjh jghA CMO(s) in the concerned districts.
Some of the glimpses of the CSR activities in Bank’s Lead
cSad ds vxz.kh ftyksa esa lh,lvkj xfrfof/k;ksa dh dqN Ökyfd;ka
districts are as below:
bl izdkj gSa%
vapy dk;kZy;] fnYyh }kjk vxz.kh ftys esa lh,lvkj ds rgr fpfdRlk midj.kksa dk forj.kA
Distribution of Medical instrument under CSR in Lead District by ZO Delhi.
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vapy dk;kZy; }kjk vxz.kh ftyksa ve`rlj] f'keyk] t;iqj] tks/kiqj vkSj xqokgkVh esa lh,lvkj ds rgr fpfdRlk midj.kksa dk forj.kA
Distribution of Medical Equipment under CSR in Lead Districts by Zonal Office in Amritsar, Shimla, Jaipur, Jodhpur and Guwahati.
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vxz.kh ftys ,l,,l uxj ve`rlj esa lh,lvkj ds rgr fpfdRlk midj.kksa dk forj.kA
Distribution of Medical equipment under CSR in lead district SAS NAGAR Amritsar.
vxz.kh ftyk yqf/k;kuk esa flfoy vLirky QkftYdk dks lh,lvkj ds rgr fpfdRlk midj.kksa dk forj.kA
Distribution of Medical instrument under CSR in Lead District in Ludhiana to Civil Hospital Fazalika.
2-4 LokLF; 2.4 Health
ge bl fopkj dk iqjtksj leFkZu djrs gSa fd lekt vkSj jk"Vª ds lexz We strongly endorse the view that a healthy mind and healthy
fodkl ds fy, vPNs okrkoj.k ds lkFk LoLFk fnekx vkSj LoLFk 'kjhj body in a healthy environment is essential for overall growth of
society and the nation. Thus, we invest in areas that facilitate
vko';d gSaA bl gsrq] ge ,sls {ks=kksa esa fuos'k djrs gSa tks bl rjg dh
such enhancements. During the year 2021-22, the Bank has
o`f) dks c<+kok nsrs gSaA foÙk o"kZ 2021&22 ds nkSjku] cSad us dksfoM&19 undertaken CSR activities with the active involvement of staff
egkekjh dh fLFkfr ds chp deZpkfj;ksa dh lfØ; Hkkxhnkjh ds lkFk amid COVID-19 pandemic.
lh,lvkj xfrfof/k;ksa dk vk;kstu fd;kA
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foÙk o"kZ 2021&22 ds nkSjku] dksfoM&19 egkekjh ds njE;ku ih,uch During F.Y. 2021-22, PNB Parivar amid COVID-19 pandemic
ifjokj us LokLF; {ks=k esa dY;k.kdkjh xfrfof/k;ksa dk lQyrkiwoZd situation successfully carried out welfare activities in health
sectors viz. distribution of masks, oximeters, oxygen cylinders,
vk;kstu fd;k] tSls fd ekLd] vkWDlhehVj] vkWDlhtu flysaMj dk
contribution of critical medical equipments, ambulance to
forj.k] egRoiw.kZ fpfdRlk midj.kksa dk ;ksxnku] xq#}kjk izca/ku Gurudwara Management Committee in Delhi which worked
lfefr] fnYyh dks ,Ecqysal iznku dh] ftuds }kjk egkekjh ds nkSjku relentlessly during the pandemic.
vFkd :i ls dk;Z fd;k x;kA
dksfoM&19 ds nkSjku fnYyh fl[k xq#}kjk izca/ku lfefr dks ,Ecqysal dk ;ksxnkuA
Ambulance contributed to Delhi Sikh Gurudwara Management Committee during COVID-19
ih,uch us lkekftd dY;k.k vkSj ,d LoLFk lekt ds fuekZ.k ds PNB as part of its strong commitment for social welfare and
fy, viuh etcwr izfrc)rk ds ,d Hkkx :i esa] ftyk fljekSj vkSj building a healthy society, contributed ambulances for the
dqioh CykWd ftyk f'keyk] fgekpy izns'k ds yksxksa ds fy, ,Ecqysal dk people of the Distt. Sirmaur & Kupvi block in Distt. Shimla,
Himachal Pradesh.
;ksxnku fn;kA
fgekpy izns'k ds ekuuh; eq[;ea=kh Jh t;jke Bkdqj dks dqioh CykWd] ftyk f'keyk] fgekpy izns'k ds fy, ,Ecqysal lkSairs gq,
Jh lq'khy [kqjkuk] eaMy izeq[k] f'keykA
Sh. Sushil Khurana, Circle Head, Shimla handing over ambulance to Hon’ble Chief Minister of Himachal Pradesh,
Sh. Jairam Thakur, Kupvi block, Distt. Shimla, Himachal Pradesh.
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Jh vksekifr tkeoky] vkbZ,,l] fljekSj] fgekpy izns'k dh mifLFkfr esa eka ljLorh ,tqds'kuy VªLV dks ,Ecqysal lkSairs gq, Jh latho vxzoky]
eaMy izeq[k] lksyuA
Sh. Sanjiv Aggarwal, Circle Head, Solan handing over ambulance to Maa Saraswati Educational Trust in the presence of
Sh. Omapati Jamwal, IAS, Sirmaur, Himachal Pradesh.
dksfoM&19 jksdFkke xfrfof/k;ksa ds lkekftd lekos'k dks O;kid cukus As part of the commitment to widen the social inclusion of
COVID-19 prevention activities, Bank distributed N95 masks,
dh izfrc)rk ds rgr] cSad us fofHkUUk laxBuksa dks N95 ekLd] FkeZy
thermal scanners and oximeters to various organisations.
LdSuj vkSj vkWDlhehVj forfjr fd,A
MkW- ,e- ,yaxksou] vk;qä] bjksM flVh uxj fuxe] psUUkbZ dks dksfoM&19 jksdFkke lkexzh lkSairs gq, Jh ,y- jekukFku]
eaMy izeq[k] dks;acVwj ¼nk,a½A
Sh. L. Ramanathan, Circle Head, Coimbatore (Right) handing over COVID-19 prevention materials to Dr. M. Elangovan,
Commissioner, Erode City Municipal Corporation, Chennai
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2-5 gfjr igysa 2.5 Green Initiatives
cSad ekStwnk bekjrksa esa o"kkZ ty lap;u ds fy, iz;kl dj jgk gS vkSj Bank is making efforts through construction of rainwater
i;kZoj.k ds vuqdwy u, fuekZ.k dks izksRlkfgr dj jgk gSA ge Hkkjr harvesting in existing buildings and encourage environment
ljdkj }kjk 'kq: fd, x, *dSp n jsu* fe'ku tSls vfHk;kuksa ds ek/;e friendly new constructions. We are also spreading awareness
through our various social-media channels through campaigns
ls vius fofHkUUk lks'ky&ehfM;k pSuyksa }kjk Hkh tkx:drk QSyk jgs gSaA like ‘Catch The Rain’ Mission initiated by Govt. of India. Various
leh{kk vof/k ds nkSjku o`{kkjksi.k vfHk;ku] bZ&fjD'kk ds forj.k tSlh other green initiatives like Tree plantations drive, distribution of
vU; dbZ gfjr igysa dh xbZA e-rickshaws were carried out during the period of review.
xka/kh vkJe] lkcjerh esa o`{kkjksi.k vfHk;ku esa mifLFkr Jh vrqy dqekj xks;y] ,eMh ,oa lhbZvks] ih,uchA
Sh. Atul Kumar Goel, MD & CEO, PNB in a tree plantation drive at Gandhi Ashram, Sabarmati
ih,uch esxk o`{kkjksi.k vfHk;ku& Jh lquhy dqekj vjksM+k& Ldwy ds izeq[k vkSj ,uthvks Þfxo eh Vªh VªLVÞ ls Jh fouhr oksgjk ds lkFk Jh ehuk{kh
lqUnje dksyuMkbosy] egkizca/kd ¼fnYyh vapy½ rFkk cSad LVkQA
PNB Mega Plantation Drive - Shri Meenakshi Sundaram Kolandaivel, General Manager (Delhi Zone) and Bank staff along with Shri
Sunil Kumar Arora-Head of School and Shri Vineet Vohra from the NGO "Give Me Trees Trust".
217
2-6 lg;ksx 2.6 Collaboration
cSad LFkkuh; ,tsafl;ksa ds lkFk xBca/ku djrk gS rkfd LFkkuh; t:jrksa The Bank collaborates with local agencies so as to offer facilities
vkSj vko';drkvksa ds vuqlkj lqfo/kk,a iznku dh tk ldsA ge O;kid as per the local needs and requirements. We are working closely
igqap ds fy, LFkkuh; yksxksa ds lkFk fctusl dkWjsLiksaMsaV vkSj fctusl with local people as Business Correspondents and Business
QSflfyVsVj ds :i esa dk;Z dj jgs gSaA cSad csgrj Lohdk;Zrk dh lqfoèkk Facilitators for wider outreach. The Bank also collaborates
ds fy, LFkkuh; iapk;rksa@Lo;a lgk;rk lewgksa ds lkFk Hkh xBca/ku with local Panchayats / Self Help groups for facilitating better
acceptability and devise products as per requirements of local
djrk gS vkSj LFkkuh; yksxksa dh vko';drkvksa ds vuqlkj mRikn rS;kj populace. Our alliances with local organizations help ensure
djrk gSA LFkkuh; laxBuksa ds lkFk gekjs xBtksM+ ;g lqfuf'Pkr djus esa that we are supporting programs that are most likely to succeed
enn djrs gSa fd ge ,sls dk;ZØeksa dk leFkZu dj jgs gSa ftuds lQy and facilitate long term positive change.
gksus dh lcls vf/kd laHkkouk gS vkSj nh?kZdkfyd ldkjkRed ifjorZu
dh lqfo/kk iznku djrs gSaA
ih,uch&vkj,lbZVhvkbZ gehjiqj] fgekpy izns'k }kjk Lo;a lgk;rk lewgksa ds lg;ksx ls vk;ksftr dk;ZØe esa mifLFkr ekuuh; [ksy]
;qok ekeys rFkk lwpuk vkSj izlkj.k ea=kh Jh vuqjkx flag BkdqjA
An event of collaboration with SHGs by PNB-RSETI Hamirpur, Himachal Pradesh in presence of Hon’ble Minister of Sports, Youth
Affairs and Minister of Information and Broadcasting Sh. Anurag Singh Thakur
,uthvks&fQDl ekbZ ykbQ] okjk.klh dks fnO;kax Nk=kksa ds fy, ifjogu okgu lkSairs gq, Jh fot; nqcs] dk;Zikyd funs'kd] ih,uchA
Sh. Vijay Dube, ED, PNB, handing over the transportation vehicle for divyang students to NGO-Fix my Life, Varanasi
218
2-7 [ksyksa dks c<+kok 2.7 Promotion of Sports
cSad gekjs jk"Vªh; [ksy gkWdh dks fujarj c<+kok ns jgk gSA vizSy 2004 Bank is continuously promoting our National Sport Hockey. In
esa] cSad us viuh ofj"B gkWdh Vhe dk xBu fd;kA ofj"B f[kykM+h cSad April 2004, the Bank formed its Senior Hockey team. The senior
players are employees of the Bank.
ds deZpkjh gSaA
Bank provides all logistics support and infrastructure facilities
f[kykfM+;ksa dks is'ksoj dkS'ky fodflr djus ds fy, cSad lHkh to the players for developing professional skills. Senior Hockey
ykWftfLVd lgk;rk vkSj cqfu;knh lqfo/kk,a iznku djrk gSA lhfu;j team players are provided with playing kits, diet allowance,
gkWdh Vhe ds f[kykfM+;ksa dks [ksy fdV] vkgkj HkÙkk] dksp] vkgkj fo'ks"kK] coach, dietician, physiotherapy, astro turf ground, insurance
fQft;ksFksjsfiLV] ,LVªks VQZ xzkmaM] chek vkfn iznku fd, tkrs gSaA etc.
o"kZ 2021&22 ds nkSjku lhfu;j gkWdh Vhe vkSj dksp Qhl ij #- 38-16 During the year 2021-22, a sum of ` 38.16 lakhs was incurred on
yk[k dh jkf'k O;; gqbZA gkWdh VwukZesaV ds izn'kZu dh eq[; fo'ks"krk,a Senior Hockey Team and coach fee. Performance Highlights and
details of Hockey tournaments in which PNB team participated
vkSj fooj.k ftlesa ih,uch Vhe us mYysf[kr vof/k ds nkSjku Hkkx fy;k]
during the mentioned period are as below:
uhps fn;k x;k gS%
Ø- VwukZesaV dh frfFk f[k+rkc ih,uch gkWdh S. Date of Title PNB Hockey

la- Vhe dh fLFkfr No. Tournament team Position
1 23/10/2021- 38oka bafM;u vkW;y lseh 1 23/10/2021- 38th Indian Oil Servo Semi-Finalist
31/10/2021 loksZ lqjthr ¯lg QkbufyLV 31/10/2021 Surjit singh tournament
VwukZesaV 2 06/11/2021- 31st Lal Bahadur Shastri Semi-Finalist
2 06/11/2021- 31oka yky cgknqj 'kkóh lseh 13/11/2021 hockey Tournament
13/11/2021 gkWdh VwukZesaV QkbufyLV
3 14/11/2021- 57th Nehru Senior Semi-Finalist
3 14/11/2021- 57oka usg: lhfu;j gkWdh lseh 25/11/2021 Hockey tournament
25/11/2021 VwukZesaV QkbufyLV
4 04/12/2021- 1st Chajju Ram 03rd Place
4 04/12/2021- izFke NkTtw jke Lekjd r`rh; LFkku 09/12/2021 Memorial senior Men
09/12/2021 lhfu;j iq#"k gkWdh VwukZesaV Hockey Tournament
5 18/12/2021- izFke gkWdh bafM;k lhfu;j dkaL; ind 5 18/12/2021- 1st Hockey India Senior Bronze Med-
29/12/2021 iq#"k varj&foHkkxh; fotsrk 29/12/2021 Men Inter-departmental alist
jk"Vªh; pSafi;uf'ki National championship
[ksy d£e;ksa dh Hkkouk vkSj mRlkg dks izksRlkfgr djus ds fy,] cSad us To encourage the spirit and enthusiasm of sports personnels,
vksyafid ind fotsrk lqJh ehjkckbZ pkuw] lqJh yoyhuk cksjxksgsu] Jh the Bank recognised and felicitated Olympic medalists Ms.
'ke'ksj flag dks Vksfd;ks vksyafid 2020 esa mudh mRd`"V miyfC/k ds Mirabai Chanu, Ms. Lovlina Borgohain, Sh. Shamsher Singh for
fy, ekU;rk nh vkSj lEekfur fd;kA their outstanding achievement at Tokyo Olympics 2020.
Vksfd;ks 2020 vksyafid ind fotsrk lqJh ehjkckbZ pkuw vkSj lqJh yoyhuk cksjxksgsu dks lEekfur djrs gq, Jh f'ko 'kadj flag]
vapy izeq[k] xqokgkVhA
Sh. Shio Shankar Singh, Zonal Head, Guwahati felicitating Tokyo 2020 Olympic medalists Ms. Mirabai Chanu & Ms. Lovlina
Borgohain
219
gekjs LVkQ Jh 'ke'ksj flag us Vksfd;ks vksyafid 2020 esa Hkkjrh; Sh. Shamsher Singh, our staff represented Indian Men’s
iq#"k gkWdh Vhe dk izfrfuf/kRo fd;k vkSj dkaL; ind thrdj Hockey Team in Tokyo Olympics 2020 and brought laurels to
ns'k vkSj ih,uch dk uke jkS'ku fd;kA gekjs vU; f[kykfM+;ksa Jh the nation and PNB by winning the Bronze Medal. Our other
lq[kthr flag] Jh eanhi eksj vkSj Jh vfHk"ksd us Hkh foÙk o"kZ 2021&22 players Sh. Sukhjeet Singh, Sh. Mandeep Mor & Sh. Abhishek
also made PNB proud by playing in the Indian Men’s Hockey
esa Hkkjrh; iq#"k gkWdh Vhe esa [ksydj ih,uch dks xkSjokfUor fd;kA Team in F.Y. 2021-22.
o"kZ 2021&22 ds nkSjku vk;ksftr VwukZesaVksa dh dqN Ökyfd;k¡ uhps nh Some of the highlights of the tournaments held during the year
xbZ gSa% 2021-22 are as below:
fnYyh esa vk;ksftr izFke NkTtw jke eseksfj;y lhfu;j iq#"k gkWdh VwukZesaV esa ih,uch gkWdh Vhe us r`rh; LFkku gkfly fd;k
PNB Hockey Team secured 3rd place in 1st Chhajju Ram Memorial Senior Men Hockey tournament held in Delhi
csaxyq# esa vk;ksftr izFke gkWdh bafM;k lhfu;j iq#"k varj&foHkkxh; jk"Vªh; pSafi;uf'ki esa ih,uch gkWdh Vhe us dkaL; ind thrkA
PNB Hockey Team won Bronze Medal in 1st Hockey India Senior Men Inter-Departmental National championship held in Bengaluru
220
Hkkjr ds ekuuh; jk"Vªifr
Jh jke ukFk dksfoan] Jh 'ke'ksj flag]
vksyafid ind fotsrk ,oa ih,uch ifjokj
ds lnL; dks vtqZu iqjLdkj ls lEekfur
djrs gq,A
Hon'ble President of India

Shri Ram Nath Kovind
honouring
Shri Shamsher Singh,
Olympic medalist and PNB
Parivaar member with
Arjuna Award.
2-8 vU; lh,lvkj igysa 2.8 Other CSR Initiatives
ih,uch izsj.kk] cSad ds ofj"B vf/kdkfj;ksa ds thoulkfFk;ksa ds PNB Prerna, an association of the spouses of the senior
lkFk&lkFk cSad dh ofj"B efgyk vf/kdkfj;ksa dk ,d la?kBu] officials of the Bank as well as senior lady officials of the Bank
is performing a vital role in undertaking and promoting the
cSad dh lh,lvkj xfrfof/k;ksa dk vk;kstu djus@c<+kok nsus esa Bank’s CSR activities. The prime objective of the association is
egRoiw.kZ Hkwfedk fuHkk jgk gSA bl la?kBu dk eq[; mís'; cSad dh to support the Corporate Social Responsibility initiatives of the
dkWiksZjsV lkekftd mÙkjnkf;Ro ds igyksa dk leFkZu djuk gSA Bank.
Jherh tkudh efYydktqZu jko&iwoZ v/;{kk ¼ih,uch izsj.kk½ ,d lh,lvkj dk;ZØe ds nkSjku ,uthvks lk{kh dks mudh lkekftd dY;k.k
xfrfof/k;ksa ds fy, foÙkh; lgk;rk iznku djrs gq,A
Smt. Janaki Mallikarjuna Rao –Former President (PNB Prerna) handed financial aid to NGO SAKSHI for their social welfare activities
in a CSR event.
221
ih,uch izsj.kk ds }kjk vk;ksftr ,d lh,lvkj dk;ZØe ds nkSjku ,lMh,elh izkbejh xYlZ Ldwy] ikye xkao] fnYyh dks foÙkh; lgk;rk iznku
djrs gq, Jherh iwue xks;y& v/;{kk ¼ih,uch izsj.kk½] Jherh tkudh efYydktqZu jko&iwoZ v/;{kk ¼ih,uch izsj.kk½A
Smt. Poonam Goel –President (PNB Prerna), Smt. Janaki Mallikarjuna Rao –Former President (PNB Prerna) handing over financial
aid to SDMC Primary Girls School, Palam Village, Delhi during a CSR event organized through PNB Prerna.
ih,uch izsj.kk ds ek/;e ls vk;ksftr lh,lvkj xfrfof/k ds nkSjku] fiazfliy] ,lMh,elh izkFkfed ckfydk fo|ky;] jktkiqj [kqnZ xkao] fnYyh ds
lkFk mifLFkr Jherh iwue xks;y& v/;{kk ¼ih,uch izsj.kk½] Jherh tkudh efYydktqZu jko&iwoZ v/;{kk ¼ih,uch izsj.kk½A
Smt. Poonam Goel –President (PNB Prerna), Smt. Janaki Mallikarjuna Rao –Former President (PNB Prerna) with Principal, SDMC
Primary Balika Vidalaya, Rajapur Khurd village, Delhi in a CSR activity organized through PNB Prerna.
222
ih,uch izsj.kk }kjk vk;ksftr ,d lh,lvkj xfrfof/k ds nkSjku dksfoM&19 ds fy, jkgr mik;ksa ds fy, Þn vFkZ lsfo;lZ QkmaMs'kuÞ dks 1-00 yk[k
#i;s dh foÙkh; lgk;rk iznku djrs gq, Jherh tkudh efYydktqZu jko & iwoZv/;{kk ¼ih,uch izsj.kk½ vkSj Jherh laxhrk dqekj] Jherh vatuk
nqcs] Jherh ehjk nsoh & mik/;k{kk,a] ih,uch izsj.kkA
Smt. Janaki Mallikarjuna Rao –Former President (PNB Prerna) and Smt. Sangeeta Kumar, Smt. Anjana Dube, Mrs. Meera Devi-Vice
Presidents, PNB Prerna giving financial aid of Rs. 1.00 Lakh to “The Earth Saviours Foundation” for relief measures for COVID-19 in
a CSR activity organized by PNB Prerna.
MkW- lk/kuk 'kadj] ihvkj MhthvkbZVh ¼,y ,aM vkj½] vkbZvkj,l] Jherh iwue xks;y] v/;{kk] ih,uch izsj.kk us eqdqy QkmaMs'ku ds lnL;ksa dks
lEekfur fd;k vkSj dkS'ky fodkl ds fy, vU; midj.kksa ds lkFk flykbZ e'khu vkSj lkaHkjuh di esfdax e'khu HksaV dhA
Dr. Sadhna Shanker, Pr. DGIT (L&R), IRS, Mrs. Poonam Goel, President, PNB Prerna felicitating members of Mukul Foundation and
handed over Sewing machines & Sambrani Cup Making Machine among other equipments for skill development.
223
3- l'kó cyksa ds o;kso`)] fo/kokvksa vkSj vkfJrksa ds dY;k.k ds fy, ;ksxnku%
3. Contribution for welfare of armed forces veterans, widows and dependents:
,;j dekaMj Jh ch vgywokfy;k] oh,l,e] lfpo] dsaæh; lSfud cksMZ dks cSad dh lh,lvkj xfrfof/k ds rgr l'kó lsuk ÖkaMk fnol dks"k
¼,,Q,QMh,Q½ ds fy, psd iznku djrs gq, Jh lquhy lksuh] eq[; egkizca/kd] ih,uch vkSj Jh lehj cktis;h] eq[; egkizca/kd vkSj
vapy izeq[k] vapy dk;kZy; fnYyh] ih,uchA
Sh. Sunil Soni , Chief General Manager, PNB & Mr. Sameer Bajpai, Chief General Manager & Zonal Head, ZO Delhi, PNB presenting
the cheque towards Armed Forces Flag Day Fund (AFFDF) under CSR activity of the bank to Air Commodore Sh. B Ahluwalia, VSM,
Secretary, Kendriya Sainik Board.
lh- jkT; ljdkjksa dks ;ksxnku%

C. Contribution to State Governments:
cSad us viuh fujarj lh,lvkj igy ds fgLls ds :i esa jkT;ksa dks muds jkgr dk;ZØeksa esa lgk;rk ds fy, ;ksxnku fn;kA
Bank as part of its continuous CSR initiatives, contributed to different State Governments to support their relief programmes.
jkT; ds LokLF; <kaps ds fy, vle ds ekuuh; eq[;ea=kh Jh fgear fcLok 'kekZ dks 25-00 yk[k #i;s dk psd lkSairs gq, ih,uch ds
Jh f'ko 'kadj flag] vapy izeq[k] xqokgkVhA
PNB’s Sh. Shio Shankar Singh, Zonal Head, Guwahati handed a cheque of Rs. 25.00 lakhs to Sh. Himanta Biswa Sarma, Hon’ble
Chief Minister of Assam towards the health infrastructure of the state
224
fnukad 16&08&2021 dks if'Pke caxky jkT; vkink izca/ku ds fy,] Jh ,p ds f}osnh] vkbZ,,l] eq[; lfpo] if'Pke caxky ljdkj dks
30 yk[k #i;s dh jkf'k dk psd lkSairs gq, Jh lat; dqekj] dk;Zikyd funs'kd ¼nk,a½A
Sh. Sanjay Kumar, ED (Right) handing over cheque of amount Rs. 30.00 Lakhs to Sh. H K Dwivedi, IAS, Chief Secretary, Government
of West Bengal on 16-08-2021 for WB State Disaster Management.
rfeyukMq ljdkj dh *uEeDdw uEes fFkÙke* ;kstuk ds fy, Jh xxunhi flag csnh] vkbZ,,l] vk;qä] xzsVj psUUkbZ dkWjiksjs'ku dks psd lkSairs gq,
Jh ih- egsaæ] vapy izeq[k] psUUkbZA
Sh. P. Mahender, ZM, Chennai handing over the cheque to Sh. Gagandeep Singh Bedi, I.A.S, Commissioner,
Greater Chennai Corporation for ‘Nammakku Namme Thittam’ Scheme of Govt. Of Tamil Nadu
225
cklsy III ds varxZr LrEHk 3 izdVhdj.k ¼lesfdr vk/kkj ij Pillar 3 Disclosures under Basel III (Consolidated Basis
vkSj egRoiw.kZ vuqikr ,dy vk/kkj ij½ &31-03-2022 and Important Ratios on Solo Basis) - 31.03.2022
Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kkuqlkj 31-03-2022 dks lekIr o"kZ ds fy, Pillar 3 Disclosures under Basel III (Consolidated Basis and
cklsy III ¼lesfdr vk/kkj ij vkSj egRoiw.kZ vuqikr vFkkZr iwath] ,uih, Important Ratios i.e. Capital, NPA and Industry Wise Exposure
vkSj m|ksxokj izdVhdj.k ,dy vk/kkj ij½ ÝseodZ ds varxZr LrEHk 3 dk on Solo Basis) Framework for the Year ended March 31, 2022 as
izdVhdj.k cSad dh osclkbZV ij vyx ls izn£'kr fd;k x;k gSA foLr`r per guidelines of RBI have been disclosed separately on Bank’s
website. For details, please visit our website: www.pnbindia.in
C;kSjs ds fy, Ñi;k gekjh osclkbZV % www.pnbindia.in > Investor info > Investor info > Financials > Financial year 2021-2022
> Financials > Current Financial year 2021&2022 ns[ksaA
bl [k.M esa fuEufyf[kr izdVhdj.k lfEefyr gSa% The section contains following disclosures:-
Ø-l- rkfydk,a fooj.k Sl. No. Tables Particulars
xq.kkRed ,oa ek=kkRed izdVhdj.k Qualitative and Quantitative disclosures

1. Table DF - 1 Scope of Application
1- rkfydk DF&1 iz;ksT;rk dk nk;jk
2. Table DF - 2 Capital Adequacy
2- rkfydk DF&2 iwath i;kZIrrk
3. Table DF - 3 Credit Risk: General Disclosures
3- rkfydk DF&3 _.k tksf[ke% lkekU; izdVhdj.k
4. Table DF - 4 Credit Risk: Disclosures for Portfolios
4- rkfydk DF&4 _.k tksf[ke% ekud n`f"Vdks.k ds v/;èkhu Subject to the Standardized Approach
iksVZQksfy;ks gsrq izdVhdj.k
5. Table DF - 5 Credit Risk Mitigation: Disclosures for
5- rkfydk DF&5 _.k tksf[ke U;wuhdj.k%& ekud n`f"Vdks.k Standardized Approach
gsrq izdVhdj.k 6. Table DF - 6 Securitisation Exposures: Disclosure
6- rkfydk DF&6 izfrHkwfrdj.k ,dLikstlZ% ekud n`f"Vdks.k for Standardised Approach
ds fy, izdVhdj.k & 7. Table DF - 7 Market Risk in Trading Book
7- rkfydk DF&7 Vªs¯Mx cgh esa cktkj tksf[ke 8. Table DF - 8 Operational Risk
8- rkfydk DF&8 ifjpkyuxr tksf[ke 9. Table DF - 9 Interest Rate Risk in the Banking Book
(IRRBB)
9- rkfydk DF&9 cSa¯+dx cgh esa C;kt nj tksf[ke
¼vkbZvkjvkjchch½ 10. Table DF - 10 General Disclosure for Exposures
Related to Counterparty Credit Risk
10- rkfydk DF&10 izfri{kdkj ØsfMV tksf[ke ls lEcfU/kr
,Dlikstj ds fy, lkekU; izdVhdj.k 11. Important Ratios i.e. Capital, NPA and
Industry wise Exposure on Solo Basis
11- ,dy vk/kkj ij egRoiw.kZ vuqikr vFkkZr
12. Disclosure on Liquidity Coverage
iw¡th] ,uih, rFkk m|ksx okj ,DLikst+j Ratio (LCR)
12 pyfuf/k dojst vuqikr ¼,ylhvkj½ ij 13. Disclosure on Net Stable Funding
izdVhdj.k Ratio (NSFR)
13 fuoy fLFkj fuf/k vuqikr ¼,u,l,Qvkj½ 14. Table DF - 11 Composition of Capital
ij izdVhdj.k 15. Table DF - 12 Composition of Capital –
14 rkfydk DF&11 iwath dh lajpuk Reconciliation Requirements
15 rkfydk DF&12 iwath dh lajpuk & feyku lEcU/kh vis{kk,a 15. Table DF - 13 Main features of Regulatory Capital
Instruments
16 rkfydk DF&13 fofu;ked iwath fy[krksa dh eq[; fo'ks"krk,a
17. Table DF - 14 Full Terms and Conditions of
17 rkfydk DF&14 fofu;ked iwath fy[krksa dh iw.kZ 'krs± ,oa Regulatory Capital Instruments.
fucU/ku
18. Table DF - 16 Equities – Disclosures for Banking
18 rkfydk DF&16 bfDoVht & cSa¯dx cqd fLFkfr ds fy, Book Positions
izdVhdj.k 19. Table DF - 17 Summary comparison of accounting
19 rkfydk DF&17 ys[kkadu vkfLr;ka cuke yhojst vuqikr assets vs leverage ratio exposure
,DLikstj dh laf{kIr rqyuk measure
20 rkfydk DF&18 yhojst vuqikr lkekU; izdVhdj.k 20. Table DF - 18 Leverage ratio common disclosure
VSEiysV template
226
,dy foÙkh; fooj.k
Standalone Financial Statements
#
iatkc uS'kuy cSad & 31 ekpZ] 2022 dh fLFkfr ds vuqlkj ,dy rqyu i=k
PUNJAB NATIONAL BANK – STANDALONE BALANCE SHEET AS ON 31ST MARCH, 2022
¼Rs.000 dks NksM+ fn;k x;k gSa½ (Rs. 000’s omitted)
fooj.k vuqlwph 31-03-2022 dks 31-03-2021 dks
Particulars Schedule As on 31.03.2022 As on 31.03.2021
iwath ,oa ns;rk,a

CAPITAL AND LIABILITIES
iwath
Capital 1 2202,20,31 2095,53,64
vkjf{kr fuf/k;ka vkSj vf/k'ks"k
Reserves and Surplus 2 93284,69,23 88841,77,27
tekjkf'k;k¡
Deposits 3 1146218,44,96 1106332,47,28
m/kkj
Borrowings 4 45681,40,93 42840,31,07
vU; ns;rk,a vkSj izko/kku
Other liabilities and provisions 5 27418,26,83 20522,52,32
dqy / TOTAL 1314805,02,26 1260632,61,58

vkfLr;ka
ASSETS
udnh vkSj Hkkjrh; fjtcZ cSad ds ikl 'ks"k jkf'k

Cash and balances with Reserve Bank of India 6 56636,11,66 43958,82,83
cSadksa ds ikl 'ks"k rFkk ekax ,oa vYi lwpuk ij ns; jkf'k
Balances with banks and money at call and short notice 7 76010,65,64 67390,87,62
fuos'k
Investments 8 372167,76,19 392983,25,40
vfxze
Advances 9 728185,67,53 674230,08,02
vpy vkfLr;ka
Fixed Assets 10 10673,61,39 11020,89,74
vU; vkfLr;ka
Other Assets 11 71131,19,85 71048,67,97
dqy / TOTAL 1314805,02,26 1260632,61,58
vkdfLed ns;rk,a 12 605180,05,46 383279,78,14

Contingent liabilities
olwyh ds fy, fcy 37786,04,52 40491,16,13
Bills for collection
çeq[k ys[kkadu uhfr;ka 17
Significant Accounting Policies
ys[kksa ij fVIif.k;ka 18
Notes on Accounts
mi;qZä vuqlwfp;ka rqyu&i=k dk vfHkUu vax gS

Schedules referred to above form an integral part of the Balance Sheet
izcq) 'kekZ ih ds ok".ksZ; vkj ds [khph izoh.k dqekj 'kekZ

Prabudh Sharma P K Varshney R K Khichi Praveen Kumar Sharma
lgk;d egkizca/kd mi egkizca/kd mi egkizca/kd egkizca/kd
Asstt. General Manager Deputy General Manager Deputy General Manager General Manager
228
Mh ds tSu
D K Jain
eq[; egkizca/kd ¼foÙk½ vkSj lh,Qvks
Chief General Manager (Finance) & CFO
dY;k.k dqekj Lo:i dqekj lkgk fot; nqcs lat; dqekj

Kalyan Kumar Swarup Kumar Saha Vijay Dube Sanjay Kumar
dk;Zikyd funs'kd dk;Zikyd funs'kd dk;Zikyd funs'kd dk;Zikyd funs'kd
Executive Director Executive Director Executive Director Executive Director
vrqy dqekj xks;y

Atul Kumar Goel
Managing Director & CEO
MkW js[kk tSu xkSre xqgk latho dqekj fla?ky

Dr. Rekha Jain Gautam Guha Sanjeev Kumar Singhal
funs'kd funs'kd funs'kd
Director Director Director
iadt tks'kh vfuy dqekj feJk iadt 'kekZ

Pankaj Joshi Anil Kumar Misra Pankaj Sharma
d`rs ,l ,u /kou ,aM daiuh ,y,yih d`rs ,l vkj xks;y ,aM daiuh d`rs ih,l,eth ,aM ,lksfl,V~l
For S N Dhawan & Co LLP For S R Goyal & Co For P S M G & Associates
,Qvkj,u% 000050,u@,u500045 ,Qvkj,u% 001537lh ,Qvkj,u%008567lh
FRN: 000050N/N500045 FRN: 001537C FRN:008567C
lunh ys[kkdkj lqfjanj dqekj [kV~Vj lunh ys[kkdkj izoh.k xks;y lunh ys[kkdkj lanhi tSu
¼lnL; la- 084993½ ¼lnL; la- 074789½ ¼lnL; la- 077281½
(M.No. 084993) (M.No. 074789) (M.No. 077281)
d`rs ,l lh ckiuk ,aM ,lksfl,V~l d`rs Mh ds NktM+ ,aM daiuh

For S C Bapna & Associates For D K Chhajer & Co
,Qvkj,u% 115649MCY;w ,Qvkj,u% 304138bZ
FRN: 115649W FRN: 304138E
lunh ys[kkdkj lqHkk"k pan ckiuk lunh ys[kkdkj txUUkkFk izlkn eksgkik=kks
Hkkxhnkj Hkkxhnkj
Partner Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
(M.No. 071765) (M.No. 217012)
fnukad % ebZ 11] 2022

Date : May 11, 2022
LFkku% ubZ fnYyh
Place: New Delhi
229
iatkc uS'kuy cSad & 31 ekpZ] 2022 dks lekIr o"kZ dk ,dy ykHk o gkfu ys[kk
PUNJAB NATIONAL BANK – STANDALONE PROFIT AND LOSS ACCOUNT FOR THE YEAR
ENDED 31st MARCH, 2022 ¼Rs. 000 dks NksM+ fn;k x;k gSa½ (Rs. 000’s omitted)
Particulars Schedule lekIr o"kZ lekIr o"kZ
Year ended Year ended
31.03.2022 31.03.2021
I. vk;
I. INCOME
vftZr vk;
Interest earned 13 74879,53,69 80818,40,27
vU; vk;
Other income 14 12319,95,79 11922,31,49
dqy / TOTAL 87199,49,48 92740,71,76
II. O;;
II. EXPENDITURE
[kpZ fd;k x;k C;kt
Interest expended 15 46185,07,66 50272,79,13
ifjpkyu [kp
Operating expenses 16 20252,59,51 20308,74,75
izko/kku vkSj vkdfLedrk,a
Provisions and contingencies 17304,85,95 20137,56,01
dqy / TOTAL 83742,53,12 90719,09,89
III. ykHk@gkfu
III. PROFIT/LOSS
o"kZ ds fy, fuoy ykHk@¼gkfu½
Net Profit/(Loss) for the year 3456,96,36 2021,61,87
tksM+sa% ykHk vkSj gkfu [kkrs esa 'ks"k
Add: Balance in Profit and Loss A/c 0 0
fofu;kstu ds fy, miyC/k ykHk
3456,96,36 2021,61,87
Profit available for Appropriation
IV. fofu;kstu
IV. APPROPRIATIONS
lkafof/kd vkjf{kr fuf/k esa varfjr
Transfer to Statutory Reserves 864,24,09 505,40,47
iwath vkjf{kr fuf/k esa varfjr
Transfer to Capital Reserves 700,92,63 1036,12,43
fuos'k vkjf{kr fuf/k esa varfjr
Transfer to Investment Reserve 15,82,58 0
fuos'k mrkj&p<+ko vkjf{kr fuf/k dks varfjr
Transfer to Investment Fluctuation Reserve 854,85,27 480,08,97
230
¼Rs. 000 dks NksM+ fn;k x;k gSa½ (Rs. 000’s omitted)
31.03.2022 31.03.2021
vk;dj vfèkfu;e ds vuqlkj fo'ks"k vkjf{kr fuf/k esa varfjr
Transfer to Special Reserve as per Income Tax Act 100,00,00 0
izLrkfor ykHkka'k
Proposed Dividend 704,70,50 0
vU; vjf{kr fuf/k;k¡
Other Reserves 216,41,29 0
ykHk vkSj gkfu [kkrs esa 'ks"k
Balance in Profit and Loss Account 0 0
dqy / TOTAL 3456,96,36 2021,61,87
çfr 'ks;j vtZu ¼` esa½ ¼ewy@ âkflr½ ¼vafdr ewY; 2 #i, çfr 'ks;j½
Earning per Share (Rs.) (Basic/Diluted) 3.16 2.08
(Nominal Value Rs. 2 per share)
çeq[k ys[kkadu uhfr;ka

Significant Accounting Policies 17
ys[kksa ij fVIif.k;ka
Notes on Accounts 18
Åij mfYyf[kr vuqlwfp;ka ykHk o gkfu ys[kksa dk ,d vfHkUu vax gSa

Schedules referred to above form an integral part of the Profit and Loss Account

Mh ds tSu
D K Jain
Chief General Manager (Finance) & CFO

vrqy dqekj xks;y

Atul Kumar Goel
Managing Director & CEO

231
d`rs ,l ,u /kou ,aM daiuh ,y,yih d`rs ,l vkj xks;y ,aM daiuh d`rs ih,l,eth vkSj ,lksfl,V~l
FRN: 000050N/N500045 FRN: 001537C FRN:008567C
(M.No. 084993) (M.No. 074789) (M.No. 077281)

FRN: 115649W FRN: 304138E
Hkkxhnkj Hkkxhnkj
Partner Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
(M.No. 071765) (M.No. 217012)

Date : May 11, 2022
LFkku% ubZ fnYyh
Place: New Delhi
232
,dy ys[kksa dh vuqlwph ¼iatkc uS'kuy cSad½
SCHEDULES TO THE STANDALONE ACCOUNTS (PUNJAB NATIONAL BANK)
¼Rs.000 dks NksM+ fn;k x;k gSa½ (Rs.000's omitted)
fooj.k 31-03-2022 dks 31-03-2021 dks
Particulars As on 31.03.2022 As on 31.03.2021
vuqlwph 1 &iw¡th
SCHEDULE 1 - CAPITAL
izkfèkd`r iwath
Authorised Capital
izR;sd #- 2 ds 1500]00]00]000 bfDoVh 'ks;j
1500,00,00,000 Equity Shares of Rs. 2 each 3000,00,00 3000,00,00
¼fiNys o"kZ izR;sd #- 2 ds 1500]00]00]000 bfDoVh 'ks;j½
(Previous year 1500,00,00,000 Equity Shares of Rs. 2 each)
tkjh rFkk vfHknRr
Issued and Subscribed
izR;sd #- 2 ds 1101]10]15]558 bfDoVh 'ks;j
¼fiNys o"kZ 1047]76]82]225 izR;sd #- 2 ds bfDoVh 'ks;j½
(Previous Year 1047,76,82,225 Equity Shares of Rs. 2 each)
iznÙk iwath
Paid up
izR;sd #-2 ds 1101]10]15]558 bfDoVh 'ks;j
¼fiNys o"kZ izR;sd #-2 ds 1047]76]82]225 bfDoVh 'ks;j½
(Previous Year 1047,76,82,225 Equity Shares of Rs. 2 each)
[mijksDr esa izR;sd #-2 ds 805]41]25]685 bfDoVh 'ks;j 'kkfey gSa ¼fiNys o"kZ izR;sd
#- 2 ds 805]41]25]285 bfDoVh 'ks;j½ dsaæ ljdkj }kjk èkkfjr fd, x, gS]
[The above includes 805,41,25,685 Equity Shares of Rs. 2 each
(Previous Year 805,41,25,685 Equity Shares of Rs. 2 each) held by Central
Government]
dqy TOTAL 2202,20,31 2095,53,64
vuqlwph 2 &vkjf{kr fufèk;ka vkSj vfèk'ks"k

SCHEDULE 2 - RESERVES AND SURPLUS
I. lkafof/kd vkjf{kr fuf/k;k¡
Statutory Reserves
izkjafHkd 'ks"k
Opening Balance 14287,24,16 9472,70,08
o"kZ ds nkSjku o`f)*
Addition during the year* 0 4309,13,61
tksMsa % ykHk o gkfu fofu;kstu ys[kksa ls varfjr
Add: Transfer from P&L Appropriation A/c 864,24,09 505,40,47
15151,48,25 14287,24,16
II. iwathxr vkjf{kr fuf/k;k¡
Capital Reserves
d- iquewZY;u vkjf{kr fuf/k;k¡
a. Revaluation Reserve
izkjafHkd 'ks"k
Opening Balance 7200,41,19 4758,69,16
Addition during the year* 7,47 2384,05,56
o"kZ ds nkSjku dVkSrh
Deduction during the year 7,18,13 34,30
vU; vkjf{kr fuf/k;ksa ls varfjr
Transfer from Other Reserve 7,20,62 185,58,21
233
fooj.k 31-03-2022 dks 31-03-2021 dks
vU; vkjf{kr fuf/k;ksa esa varfjr
Transfer to Other Reserves 151,88,74 127,57,44
¼laifRr ds iquewZY;u Hkkx ij ewY;âkl ds dkj.k½
(being depreciation on revalued portion of property) 7048,62,41 7200,41,19
[k- vU;
b. Others
izkjafHkd 'ks"k
Opening Balance 15874,48,10 3217,72,40
tksM+sa% ykHk&gkfu fofu;kstu [kkrs ls varfjr
Addition during the year* 0 11620,63,27
¼ ` 9268-29 djksM+ dh lekesyu vkjf{kr fuf/k lfgr½
(including Amalgamation Reserve of Rs. 9268.29 Crores) 16575,40,73 15874,48,10
III. 'ks;j izhfe;e

Share Premium
izkjafHkd 'ks"k
Opening Balance 44325,80,27 51188,57,94
Addition during the year* 1686,38,51 21845,14,15
?kVk,a% lafpr gkfu;ksa dk fofu;kstu
Less: Appropriation of Accumulated Losses 0 28707,91,82
46012,18,78 44325,80,27
IV. jktLo rFkk vU; vkjf{kr fuf/k;k¡
Revenue and Other Reserves
d- fuos'k vkjf{kr fuf/k;k¡

a. Investment Reserve
izkjafHkd 'ks"k
Opening Balance 370,51,93 370,51,93
Add: Transfer from P&L Appropriation A/c 15,82,58 0
386,34,51 370,51,93
[k- fuos'k mrkj&p<+ko vkjf{kr fuf/k
b. Investment Fluctuation Reserve
izkjafHkd 'ks"k
Addition during the period* 0 10,19,72
?kVk,a% ykHk o gkfu fofu;kstu [kkrs esa varfjr
Less: Transfer to P&L Appropriation A/c 0 0
1393,65,95 538,80,68
x- fofue; mrkj&p<+ko vkjf{kr fuf/k
c. Exchange Fluctuation Reserve
izkjafHkd 'ks"k
tksM+s% o"kZ ds nkSjku o`f)
Add: Addition during the year 31,52,99 0
?kVk,a% o"kZ ds nkSjku dVkSrh ¼fuoy½
Less: Deduction during the year (Net) 4,29,74 24,67,84
419,43,44 392,20,19
234
fooj.k 31-03-2022 dks 31-03-2021 dks
?k+- vk;dj vf/kfu;e] 1961 dh /kkjk 36 ¼1½ ¼viii½ ds rgr fo'ks"k
vkjf{kr fuf/k
d. Special Reserve under Sec.36 (1) (viii) of Income Tax Act,1961
izkjafHkd 'ks"k
Opening Balance 3268,66,00 1463,66,00
3368,66,00 3268,66,00
M++- vU; vkjf{kr fuf/k
e. Other Reserve
izkjafHkd 'ks"k
Opening Balance 2583,64,75 0
Add: Transfer from P&L Appropriation A/c 216,41,29 0
?kVk,a% o"kZ ds nkSjku vkgj.k
Less: Withdrawal during the year 1028,95,00 1013,10,00
tksM+sa% iquewZY;kadu vkjf{kr fuf/k;ksa ls varj.k
Add: Transfer from Revaluation Reserve 151,88,74 127,57,44
?kVk,a% iquewZY;kadu vkjf{kr fuf/k esa varj.k
Less: Transfer to Revaluation Reserve 7,20,62 185,58,21
2928,89,16 2583,64,75
V. ykHk o gkfu ys[ks esa 'ks"k jkf'k
Balance in Profit & Loss Account
izkjafHkd 'ks"k
Opening Balance 0 -9927,30,23
Addition during the year* 3456,96,36 -18780,61,59
?kVk,a % ykHk&gkfu dh fooj.kh ds vuqlkj fofu;kstu
Less: Appropriations as per Statement of Profit & Loss 3456,96,36 0
?kVk,a % 'ks;j çhfe;e ls fofu;kstu
Less: Appropriation from Share Premium 0 0 28707,91,82 0
dqy (I, II, III, IV rFkk V)
93284,69,23 88841,77,27
Total (I, II, III, IV and V)
*rqyukRed vof/k ds fy, vkjf{kr fuf/k;ksa esa o`f)@dVkSrh esa lekesyu dh frfFk ij varfjr cSadksa dh 'ks"k jkf'k 'kkfey gSA
*Addition/deduction in Reserves for the comparative period includes balances of transferee banks at date of amalgamation.
vuqlwph 3 &tekjkf'k;ka
SCHEDULE 3 - DEPOSITS
d-I ekax tek jkf'k;k¡

A. I Demand Deposits
(i) cSadksa ls
From Banks 3494,29,87 2305,40,98
(ii) vU; ls
From Others 78480,31,46 73240,83,93
81974,61,33 75546,24,91
II cpr cSad tek jkf'k;k¡
Savings Bank Deposits 451679,60,54 417236,77,20
235
fooj.k 31-03-2022 dks 31-03-2021 dks
III eh;knh tek jkf'k;k¡

Term Deposits
(i) cSadksa ls
From Banks 31739,66,84 29160,44,34
(ii) vU; ls
From Others 580824,56,25 584389,00,83
612564,23,09 613549,45,17
dqy (I, II rFkk III) 1146218,44,96 1106332,47,28
TOTAL (I, II and III)
[k- (i) Hkkjr esa fLFkr 'kk[kkvksa dh tek jkf'k

B. Deposits of branches In India 1125049,19,27 1083335,06,40
(ii) Hkkjr ls ckgj fLFkr 'kk[kkvksa dh tekjkf'k;ka
Deposits of branches outside India 21169,25,69 22997,40,88
dqy TOTAL 1146218,44,96 1106332,47,28
vuqlwph 4 & m/kkj

SCHEDULE 4 - BORROWINGS
I. Hkkjr esa m/kkj

Borrowings in India
(a) Hkkjrh; fjtoZ cSad

Reserve Bank of India 0 0
(b) vU; cSad
Other Banks 49,45,84 4158,82,57
(c) vU; laLFkku vkSj ,tsafl;ka
Other Institutions and Agencies 11183,97,86 7450,34,56
(d) xSj&tekurh ekspuh; ckW.M
Unsecured Redeemable Bonds
(i) fV;j&I ckW.M ¼cseh;knh _.k fy[kr½
Tier-I Bonds (Perpetual Debt Instruments) 7766,00,00 6045,00,00
(ii) vij fV;j& II ckW.M
Upper Tier-II Bonds 0 0
(iii) fV;j II iwath ds fy, v/khuLFk _.k
Subordinate debts for Tier-II Capital 16843,00,00 16114,00,00
(iv) nh?kkZof/k bUÝkLVªDpj ckW.M
Long term infrastructure bonds 2800,00,00 27409,00,00 2800,00,00 24959,00,00
II. Hkkjr ds ckgj m/kkj jkf'k;ka

Borrowings outside India 7038,97,23 6272,13,94
dqy ¼I vkSj II½@TOTAL (I and II) 45681,40,93 42840,31,07
mijksä I vkSj II esa 'kkfey izfrHkwfr m/kkj

Secured Borrowings included in I and II above 7251,31,04 4867,93,68
vuqlwph 5 & vU; ns;rk,a vkSj izko/kku

SCHEDULE 5 - OTHER LIABILITIES AND PROVISIONS
I. ns; fcy
Bills Payable 3055,41,93 3208,40,96
II. varj&dk;kZy; lek;kstu ¼'kq)½

Inter-office adjustments (net) 568,41,34 430,37,79
236
fooj.k 31-03-2022 dks 31-03-2021 dks
III. mifpr C;kt
Interest accrued 2705,58,69 2642,53,25
IV. vkLFkfxr dj ns;rk ¼'kq)½

Deferred Tax Liability (Net) 0 0
V. vU; ¼izko/kkuksa lfgr½

Others (including provisions) 21088,84,87 14241,20,32
dqy
27418,26,83 20522,52,32
TOTAL
vuqlwph 6 & Hkkjrh; fjtoZ cSad ds ikl udnh vkSj 'ks"k jkf'k
SCHEDULE 6 - CASH AND BALANCES WITH RESERVE BANK OF INDIA
I. gkFk esa udnh ¼fons'kh eqæk uksVksa lfgr½

Cash in hand (including foreign currency notes) 3491,54,63 3478,01,65
II. Hkkjrh; fjtoZ cSad ds ikl 'ks"k jkf'k

Balance with Reserve Bank of India
(i) pkyw [kkrksa esa
in Current Account 53144,57,03 40480,81,18
(ii) vU; [kkrs esa
in Other Accounts 0 0
dqy ¼I ,oa II)

56636,11,66 43958,82,83
TOTAL (I and II)
vuqlwph 7& cSad ds ikl tek'ks"k rFkk ekax vkSj vYi lwpuk ij ns; jkf'k
SCHEDULE 7- BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I. Hkkjr esa
In India
(i) cSadksa ds ikl 'ks"k jkf'k%

Balances with Banks
(d) pkyw [kkrs esa

(a) In Current Accounts 146,19,69 735,51,86
([k) vU; tek [kkrksa esa
(b) In Other Deposit Accounts 15799,56,82 7085,88,49
15945,76,51 7821,40,35
(ii) ekax vkSj vYi lwpuk ij ns; jkf'k%
Money at Call and Short Notice
(d) cSadksa ds ikl

(a) with Banks 0 0
(d) vU; laLFkkuksa ds ikl
(b) with Other Institutions 29129,47,96 27500,00,00
29129,47,96 27500,00,00
dqy ¼i ,oa ii) 45075,24,47 35321,40,35
TOTAL (i and ii)
237
fooj.k 31-03-2022 dks 31-03-2021 dks
II. Hkkjr ls ckgj
Outside India
(i) cSadksa ds ikl 'ks"k
Balances with Banks
,½ pkyw [kkrksa esa
(a) In Current Accounts 9228,43,97 7204,21,53
ch½ vU; tek [kkrksa esa
(b) In Other Deposit Accounts 21706,97,20 30935,41,17 24865,25,74 32069,47,27
(ii) ekax vkSj vYi lwpuk ij ns; jkf'k
Money at Call and Short Notice 0 0
dqy ¼i ,oa ii) 30935,41,17 32069,47,27

TOTAL (i and ii)
lexz tksM+ ¼I ,oa II) 76010,65,64 67390,87,62

GRAND TOTAL (I and II)
vuqlwph 8 & fuos'k

SCHEDULE 8 - INVESTMENTS
I. Hkkjr esa fuos'k

Investments in India in
(i) ljdkjh izfrHkwfr;ka

Government securities 323155,39,50 343771,97,53
(ii) vU; vuqeksfnr izfrHkwfr;ka
Other approved securities 15,00 15,00
(iii) 'ks;j
Shares 3264,81,13 4132,33,29
(iv) _.k i=k vkSj ckWUM
Debentures and Bonds 33566,82,92 34318,46,15
(v) lgk;d vkSj@;k la;qä m|e ¼çk;ksftr laLFkkuksa lfgr½
Subsidiaries and/or joint ventures
(including sponsored institutions) 1615,28,02 1600,28,02
(vi) vU;
Others 5568,97,99 4067,58,98
E;wpqvy QaM] osapj dSfiVy QaM] ,vkjlhvkbZ,y okf.kfT;d i=k] tek
izek.ki=k vkfnA
Mutual Funds, Venture Capital Funds, ARCIL, Commercial
Papers & Certificate of Deposits, etc.
dqy TOTAL 367171,44,56 387890,78,97
II. Hkkjr ls ckgj fuos'k

Investments outside India in
(i) ljdkjh izfrHkwfr;ka ¼LFkkuh; izkf/kdj.kksa lfgr½

Government Securities (including local authorities) 1792,59,61 1241,86,43
(ii) fons'k esa lgk;d vkSj@;k la;qä m|e
Subsidiaries and/or Joint ventures abroad 2108,85,50 2077,28,00
(iii) vU;
Other 1094,86,52 1773,32,00
dqy TOTAL 4996,31,63 5092,46,43
dqy ;ksx ¼I vkSj II½ 372167,76,19 392983,25,40

238
fooj.k 31-03-2022 dks 31-03-2021 dks
III. Hkkjr esa fuos'k

Investments in India
(i) fuos'k dk ldy ewY;

Gross value of investments 374006,94,95 394722,21,62
(ii) ewY;âkl ds fy, izko/kkuksa dk tksM+
Aggregate of provisions for depreciation 6835,50,39 6831,42,65
(iii) 'kq) fuos'k 367171,44,56 387890,78,97
Net investment
IV. Hkkjr ls ckgj fuos'k
Investments outside India

Gross value of investments 5386,11,76 5452,49,07
(ii) ewY;gzkl ds fy, izko/kkuksa dk tksM+
Aggregate of provisions for depreciation 389,80,13 360,02,64
(iii) 'kq) fuos'k 4996,31,63 5092,46,43
Net investment
¼III vkSj IV½ dk lexz tksM+ 372167,76,19 392983,25,40

GRAND TOTAL (III and IV)
vuqlwph 9 & vfxze

SCHEDULE 9 - ADVANCES
d- (i) [kjhns vkSj Hkquk, x, fcy

A. Bills purchased and discounted 1309,04,78 600,95,28
(ii) udnh _.k] vksojMªk¶V vkSj ekax ij ns; _.k
Cash credits, overdrafts and loans repayable on demand 442585,36,07 410280,57,55
(iii) eh;knh _.k
Term loans 284291,26,68 263348,55,19
dqy 728185,67,53 674230,08,02

Total
[k- (i) ewrZ vkfLr;ksa }kjk izfrHkwr

B. ¼buesa cgh _.kksa ij fn, x, 79487]54]42 gtkj #i,] fiNys o"kZ
64859]41]17 gtkj #i, vfxze 'kkfey gSa]½
Secured by tangible assets
(includes advances against Book Debts Rs.79487,54,42 545842,44,14 524608,48,02
thousands; Previous year Rs.64859,41,17 thousands)
(ii) cSad@ljdkjh xkjafV;ksa }kjk izfrHkwr
Covered by Bank/Government guarantees 28475,67,46 15779,81,52
(iii) vizfrHkwr
Unsecured 153867,55,93 133841,78,48
dqy 728185,67,53 674230,08,02

Total
239
fooj.k 31-03-2022 dks 31-03-2021 dks
x- I. Hkkjr esa vfxze
C. I. Advances in India
(i) izkFkfedrk izkIr {ks=k

Priority sector 234687,04,75 243442,79,97
(ii) lkoZtfud {ks=k
Public sector 171957,31,76 145971,76,23
(iii) cSad
Banks 2,36 4,94
(iv) vU;
Others 297480,51,28 265862,88,71
dqy 704124,90,15 655277,49,85

Total
x-II Hkkjr ls ckgj vfxze

C. II. Advances outside India
(i) cSadksa ls izkI;

Due from banks 9091,98,74 8572,94,98
(ii) vU; izkI;
Due from others
(d) [kjhns vkSj Hkquk, x, fcy
(a) Bills purchased and discounted 0 20,12,05
([k) lkewfgd _.k
(b) Syndicated loans 4466,84,84 4286,54,84
(x) vU;
(c) Others 10501,93,80 6072,96,30
dqy 24060,77,38 18952,58,17

Total
¼lh I rFkk lh II½ dk dqy ;ksx 728185,67,53 674230,08,02

GRAND TOTAL (C. I and C. II)
240
fooj.k 31-03-2022 dks 31-03-2021 dks*
Particulars As on 31.03.2022 As on 31.03.2021*
vuqlwph 10 & vpy vkfLr;ka
SCHEDULE 10 - FIXED ASSETS
d- ewrZ vkfLr;ka
Tangible Assets
I. ifjlj
Premises
fiNys o"kZ ds 31 ekpZ dh ykxr@ewY;kadu ij

At cost / valuation as on 31st March of the preceding year 10463,83,43 6796,47,94
o"kZ ds nkSjku o`f)
Add: Revaluation during the year 0 133,66,62
tksM+sa% o"kZ ds nkSjku iquewZY;kadu
Addition during the period 37,08,11 3556,07,78
10500,91,54 10486,22,34
Deduction during the year 90,21 22,38,91
10500,01,33 10463,83,43
vc rd ewY;âkl ¼iquewY;kafdr jkf'k ij Hkh½
Depreciation to date (Including on revalued amount) 1603,32,81 1424,87,88
8896,68,52 9038,95,55
II. vU; vpy vkfLr;ka ¼QuhZpj vkSj fQDLpj lfgr½
Other Fixed Assets (including Furniture and Fixtures)
fiNys o"kZ dh 31 ekpZ dks ykxr ij

At Cost as on 31st March of preceding year 8743,68,89 4861,24,67
vof/k ds nkSjku tksM+

9154,76,60 8753,76,08
Deduction during the period 12,33,68 10,07,19
9142,42,92 8743,68,89
vc rd ewY;âkl
Depreciation to date 7654,73,32 7077,77,38
1487,69,60 1665,91,51
II. iV~Vsokyh vkfLr;ka
II. Leased Assets

At cost as on 31st March of preceding year 25,23,86 25,23,86
25,23,86 25,23,86
o"kZ ds nkSjku tksM+@lek;kstu
Addition/adjustment during the year 0 0
Deduction during the year 0 0
25,23,86 25,23,86
vkt rd dk ifj'kks/ku@iêk lek;kstu
Amortisation/lease adjustment to date 25,23,86 25,23,86
0 0
¼ I] II vkSj III½ dk tksM+ 10384,38,12 10704,87,06
241
fooj.k 31-03-2022 dks 31-03-2021 dks*
[k. vewrZ vkfLr;k¡
B. Intangible Assets
daI;wVj lkW¶Vos;j
Computer Software

At cost as on 31st March of preceding year 1102,91,20 621,88,75
o"kZ ds nkSjku o`f)
1209,31,43 1102,91,20
Deduction during the year 0 0
1209,31,43 1102,91,20
vkt rd ifj'kksf/kr
Amortised to date 920,08,16 786,88,52
dqy 289,23,27 316,02,68

TOTAL
¼d vkSj [k½ dk dqy ;ksx 10673,61,39 11020,89,74

GRAND TOTAL of (A and B)
*ldy CykWd esa o`f) vkSj vkt rd ewY;gzkl esa lekesyu dh frfFk ds vuqlkj varfjr cSadksa dh 'ks"k jkf'k 'kkfey gS vkSj 'kq) CykWd esa fcuk fdlh
çHkko ds iquewZY;kadu fd;k tkrk gSA
*Addition to gross block and depreciation to date includes balances of transferee Banks as at date of amalgamation and is recasted with
no impact in net block.
vuqlwph 11 & vU; vkfLr

SCHEDULE 11 - OTHER ASSETS
I. varj&dk;kZy; lek;kstu ¼'kq)½

Inter–office adjustments (net) 0 0
II. mifpr C;kt
Interest accrued 7937,73,45 7944,78,38
III. vfxze vnk fd;k x;k dj@lzksr ij dkVk x;k dj
Tax paid in advance/tax deducted at source 12024,11,36 9791,78,30
IV. LVs'kujh vkSj fVdV
Stationery and stamps 4,81,66 10,18,97
V. nkoksa ds fuiVku ls izkI; xSj&cSafdax vkfLr;ka
Non-banking assets acquired in satisfaction of claims 50,20,97 50,21,37
VI. vkLFkfxr dj vkfLr;ka ¼'kq)½
Deferred tax asset (net) 25512,84,80 27054,20,11
VII. vU;
Others 25601,47,61 26197,50,84
¼çkFkfedrk çkIr {ks=k ds y{;ksa esa deh ds dkj.k 15368]56]98 gtkj #i;s
fiNys o"kZ 19102]70]88 gtkj #i, ukckMZ@flMch@,u,pch vkfn ds lkFk
tek jkf'k 'kkfey gSaA½
[includes deposits with NABARD/SIDBI/NHB, etc. Rs.15368,56,98
thousands on account of shortfall in priority sector targets;
Previous year Rs. 19102,70,88 thousands)
dqy 71131,19,85 71048,67,97

TOTAL
242
fooj.k 31-03-2022 dks 31-03-2021 dks
vuqlwph 12 & vkdfLed ns;rk,a
SCHEDULE 12 - CONTINGENT LIABILITIES
I. (i) cSad ds fo#) ,sls nkos ftUgsa _.k ugha ekuk x;k gS
Claims against the bank not acknowledged as debts 617,09,26 588,57,72
(ii) vihy] lUnHkks± vkfn ds v/khu fookfnr vk;dj o C;kt dj ekaxsa

Disputed income tax and interest tax demands under
appeals, references, etc. 11427,55,85 9835,82,17
II. vkaf'kd :i ls iznÙk fuos'kksa ds fy, ns;rk,a
Liability for partly paid investments 351,86,55 377,98,55
III. cdk;k ok;nk fofue; lafonkvksa ds dkj.k ns;rk
Liability on account of outstanding forward exchange contracts 516739,35,20 301400,36,11
IV. xzkgdksa dh vksj ls nh xbZ xkjafV;ka
Guarantees given on behalf of constituents
¼d½ Hkkjr esa

(a) In India 48174,00,53 51183,78,98
¼[k½ Hkkjr ds ckgj

(b) Outside India 2789,09,25 2085,76,27
V. Lohd`fr;ka]i`"Bkadu vkSj vU; nkf;Ro

Acceptances, endorsements and other obligations 19631,58,62 13287,96,53
VI. ,slh vU; ensa ftuds fy, cSad vkdfLed :i ls ftEesnkj gS

Other items for which the Bank is contingently liable 5449,50,20 4519,51,81
dqy 605180,05,46 383279,78,14

TOTAL
243
¼Rs.000 dks NksM+ fn;k x;k gSa½@(Rs.000's omitted)
fooj.k 31-03-2022 dks 31-03-2021 dks
Particulars lekIr o"kZ lekIr o"kZ
31.03.2022 31.03.2021
vuqlwph 13 & vftZr ykHkka'k
SCHEDULE 13 - INTEREST EARNED
I. vfxze@fcyksa ij C;kt@NwV
Interest/discount on advances/bills 48498,30,57 53351,19,90
II. fuos'kksa ls vk;
Income on Investments 23487,17,50 24634,45,89
III. Hkkjrh; fjtoZ cSad ds ikl tek 'ks"k vkSj varj&cSad fuf/k;ksa ij C;kt
Interest on balances with Reserve Bank of India and other inter-bank
funds 2285,53,50 1898,62,07
IV. vU;
Others 608,52,12 934,12,41
dqy 74879,53,69 80818,40,27

TOTAL
vuqlwph 14 & vU; vk;

SCHEDULE 14 - OTHER INCOME
I. deh'ku] fofue; vkSj nykyh
Commission, exchange and brokerage 3559,59,18 3840,53,85
II. fuos'kksa dh fcØh ls ykHk
Profit on sale of Investments 3339,48,40 4503,90,25
?kVk,a% fuos'kksa dh fcØh ls gkfu
Less: Loss on sale of Investments 170,41,79 153,99,40
3169,06,61 4349,90,85
III. fuos'k ds iquewZY;kadu ij ykHk
Profit on revaluation of investments 1079,52,25 993,99,18
?kVk,a% fuos'kksa ds iquewZY;kadu ij gkfu
Less: Loss on revaluation of investments 1313,50,08 1814,89,38
-233,97,83 -820,90,20
IV. Hkwfe] Hkou vkSj vU; vkfLr;ksa dh fcØh ls ykHk
Profit on sale of land, buildings and other assets 15,26,90 5,02,37
?kVk,a% Hkwfe] Hkou vkSj vU; vkfLr;ksa dh fcØh ls gkfu
Less: Loss on sale of land, buildings and other assets 92,15 17,77,76
14,34,75 -12,75,39
V. fofue; ysu&nsu ij ykHk
Profit on exchange transactions 907,65,57 1060,04,54
?kVk,a% fofue; ysunsu ij gkfu
Less: Loss on exchange transactions 212,32,53 574,51,91
695,33,04 485,52,63
VI. fons'kksa@Hkkjr esa lgk;d daifu;ksa @ daifu;ksa vkSj @ ;k la;qä m|eksa ls
ykHkka'k vkfn ds ek/;e ls vftZr vk;
Income earned by way of dividends, etc. from subsidiaries/
companies and/or joint ventures abroad/in India 46,13,84 139,72,63
VII. fofo/k vk;
Miscellaneous Income
¼cês [kkrs esa Mkys x, [kkrksa esa 3440]63]84 gtkj #i;s] fiNys o"kZ 2497]64]12
gtkj :i, dh olwyh 'kkfey gS]½
(includes recovery in written off accounts Rs.3440,63,84 thousands; 5069,46,20 3940,27,12
Previous Year Rs.2497,64,12 thousands)
dqy
12319,95,79 11922,31,49
TOTAL
244
¼Rs.000 dks NksM+ fn;k x;k gSa½@(Rs.000's omitted)
fooj.k 31-03-2022 dks 31-03-2021 dks
31.03.2022 31.03.2021
vuqlwph 15 & [kpZ fd;k x;k C;kt
SCHEDULE 15 - INTEREST EXPENDED
I. tekjkf'k;ksa ij C;kt
Interest on Deposits 43237,49,73 47150,04,30
II. Hkkjrh; fjt+oZ cSad@varj&cSad m/kkj ij C;kt
Interest on Reserve Bank of India/ Inter-bank borrowings 516,30,71 881,75,13
III. vU;
Others 2431,27,22 2240,99,70
dqy 46185,07,66 50272,79,13

TOTAL
vuqlwph 16 &ifjpkyu [kpZ

SCHEDULE 16 - OPERATING EXPENSES
I . deZpkfj;ksa dks Hkqxrku vkSj mlds fy, izko/kku

Payments to and provisions for employees 11841,00,68 12175,73,58
II. fdjk;k] dj vkSj fctyh
Rent, taxes and lighting 1286,25,07 1294,88,88
III. eqæ.k vkSj ys[ku & lkexzh
Printing and stationery 155,84,06 127,80,25
IV. foKkiu vkSj izpkj
Advertisement and publicity 83,75,31 55,79,10
V. cSad dh laifÙk ij ewY;gzkl
Depreciation on bank’s property 888,60,51 974,91,80
VI. funs'kdksa dh Qhl] HkÙks vkSj O;;
Directors’ fees, allowances and expenses 107,32 77,71
VII. ys[kkijh{kdksa dh Qhl vkSj O;; ¼'kk[kk ys[kkijh{kdksa lfgr½
Auditors’ fees and expenses (including branch auditors) 63,04,81 83,53,98
VIII. fof/k izHkkj
Law charges 75,06,72 74,54,66
IX. iksLVst] Vsyhxzke] nwjHkk"k] vkfnA
Postage, Telegrams, Telephones, etc. 330,71,76 289,82,85
X. ejEer vkSj j[kj[kko
Repairs and maintenance 558,16,26 483,25,96
XI. chek
Insurance 1521,55,14 1470,87,37
XII. vU; O;;
Other expenditure 3447,51,87 3276,78,61
dqy 20252,59,51 20308,74,75

TOTAL
245
vuqlwph 17 % ¼,dy½ 31-03-2022 SCHEDULE 17 : (STANDALONE) 31.03.2022
egRoiw.kZ ys[kkadu uhfr;ka SIGNIFICANT ACCOUNTING POLICIES
1. ys[ks rS;kj djus dk vk/kkj% 1. BASIS OF PREPARATION:
foÙkh; foojf.k;ka ijEijkxr ykxr ds vk/kkj ij rS;kj dh xbZ The financial statements have been prepared on
historical cost basis and conform, in all material aspects,
gSa rFkk leLr egRoiw.kZ n`f"V;ks ls Hkkjr esa lkekU;r% Lohd`r
to Generally Accepted Accounting Principles (GAAP) in
ys[kkadu fl)kUrksa ¼th,,ih½ ds vuq:i gSa] tc rd fd vU;Fkk India unless otherwise stated encompassing applicable
mYysf[kr u gks ftuesa ykxw lkafof/kd izko/kku] Hkkjrh; fjt+oZ statutory provisions, regulatory norms prescribed by
cSad ¼vkjchvkbZ½ }kjk fu/kkZfjr fofu;ked ekun.M] Hkkjrh; Reserve Bank of India (RBI), circulars and guidelines
fjt+oZ cSad ¼^vkjchvkbZ*½ }kjk le;≤ ij tkjh ifji=k rFkk issued by the Reserve Bank of India (‘RBI’) from time
fn'kkfunsZ'k] cSafdax fofu;eu vf/kfu;e 1949] Hkkjrh; lunh to time, Banking Regulation Act 1949, Accounting
ys[kkdkj laLFkku ¼vkbZlh,vkbZ½ }kjk tkjh ys[kkadu ekun.M Standards (AS) and pronouncements issued by The
¼,,l½ rFkk Kkiu o Hkkjr esa cSafdax m|ksx esa ekStwnk izFkk,a Hkh Institute of Chartered Accountants of India (ICAI) and
prevailing practices in Banking industry in India.
'kkfey gSaA
In respect of foreign offices, statutory provisions and
fons'kh dk;kZy;ksa ds lEcU/k esa] lacaf/kr ns'kksa esa ykxw
practices prevailing in respective foreign countries are
lkafof/kd izko/kkuksa vkSj izFkkvksa dk ikyu fd;k x;k gS] vU;=k
complied with except as specified elsewhere.
;FkkfofufnZ"V ds vfrfjäA
The financial statements have been prepared on going
foÙkh; foojf.k;ksa dks mip; vo/kkj.kk ds lkFk dk;Z'khy laLFkk concern basis with accrual concept and in accordance
vk/kkj ij rS;kj fd;k x;k gS rFkk ys[kkadu uhfr;ka ,oa fujarj with the accounting policies and practices consistently
viukbZ xbZ izFkkvksa ds vuq:i gS] tc rd vU;Fkk mYysf[kr u followed unless otherwise stated.
gksaA
2. 2. USE OF ESTIMATES:
vuqekuksa dk mi;ksx
The preparation of financial statements requires the
foÙkh; foojf.k;ka rS;kj djus ds fy, izca/ku dks foÙkh;
management to make estimates and assumptions
foojf.k;ksa dh frfFk rd fjiksVZ dh xbZ vkfLr;ksa ,oa ns;rkvksa considered in the reported amounts of assets and
¼vkdfLed ns;rkvksa lfgr½ rFkk fjiksfV±x vof/k ds fy, liabilities (including contingent liabilities) as on the date
fjiksVZ fd, x, vk; vkSj O;; esa fopkjkFkZ vuqeku rFkk of the financial statements and the reported income
/kkj.kk,a cukus dh vko';drk iM+rh gSA izca/ku dks fo'okl gS fd and expenses for the reporting period. Management
believes that the estimates used in the preparation
foÙkh; foojf.k;k¡ rS;kj djus esa mi;ksx fd, x, vuqeku foosd
of the financial statements are prudent and
lEer vkSj rdZlaxr gSaA reasonable.
Hkkoh ifj.kke bu vuqekuksa ls vyx gks ldrs gSaA Future results could differ from these estimates.
okLrfod ifj.kkeksa vkSj vuqekuksa ds chp ds varj dk fu/kkZj.k Difference between the actual results and estimates is
ml vof/k esa igpkuk x;k gS ftlesa ifj.kke Kkr@dk;k±for gq, recognized in the period in which the results are known
gSaA / materialized.
orZeku ,oa Hkkoh vof/k esa ys[kkadu vuqekuksa esa fdlh izdkj Any revision to the accounting estimates is
dk la'kks/ku Hkfo";y{kh izHkko ls ekuk tkrk gS tc rd fd recognized prospectively in the current and future
vU;Fkk mYysf[kr u gksA periods unless otherwise stated.
3. jktLo fu/kkZj.k 3. REVENUE RECOGNITION:

3.1 3.1 Income & expenditure (other than items referred to in
vk;@O;; ¼iSjk 3-5 esa lanfHkZr enksa ls fHkUUk½ dks lkekU;r%
paragraph 3.5) are generally accounted for on accrual
mip; vk/kkj ij ys[kkafdr fd;k tkrk gSA
basis.
246
3.2 vfxzeksa vkSj fuos'kksa dks feykdj vutZd vkfLr;ksa ¼,uih,½ 3.2 Income from Non- Performing Assets (NPAs),
ls vk; dk fu/kkZj.k olwyh gksus ij fd;k tkrk gS] tks comprising of advances and investments, is
Hkkjrh; fjt+oZ cSad@fons'kh dk;kZy;ksa ds ekeys esa lacafèkr recognized upon realization, as per the prudential
ns'kksa ds fofu;e ¼ftls blds i'Pkkr~ lesfdr :i ls norms prescribed by the RBI/ respective country
fofu;ked izkf/kdj.k dgk x;k gS½ }kjk fu/kkZfjr foosdiw.kZ regulators in the case of foreign offices (hereafter
ekunaMksa ds vuqlkj gSA collectively referred to as Regulatory Authorities).
3.3 izkFkfedrk ds Øe esa olwyh ds fofu;ksx dk rjhdk 3.3 Mode of appropriation of recovery in order of priority
fuEukuqlkj gksxk% will be as below:
¼d½ ,uih, [kkrksa dh olwfy;ka ¼olwyh dkjZokbZ dh fof/k@ (a) Recoveries in NPA accounts (irrespective of the
mode / status / stage of recovery actions) shall
[email protected] ij fopkj fd;s fcuk½ uhps mfYyf[kr enksa be appropriated in the following order of priority
¼[k½ ,oa ¼x½ ds rgr doj fd, x, ekeyksa dks NksM+dj except for the cases covered under below
fuEufyf[kr izkFkfedrk Øe esa fofu;ksftr dh tk,xh% mentioned points (b) & (c):
i. ljQslh dkjZokbZ ds v/khu lfgr olwyh gsrq fd, x, O;;@ i. Expenditure/Out of Pocket Expenses incurred
for Recovery, including under SARFAESI Action
QqVdj [kpZ ¼iwoZ esa Kkiu ns;ksa esa fjdkMZ fd;s x;s½ (Recorded in Memorandum Dues);
ii. blds ckn C;kt vfu;ferrkvksa@mifpr C;kt ds izfr ii. Thereafter towards the unrealised/accrued
interest.
iii. izeq[k vfu;ferrk,a vFkkZr~ [kkrs esa cdk;k ,uih, iii. Principal irregularities i.e. NPA outstanding in the
account.
mijksä esa fdlh izdkj dh folaxfr;ksa ij ,pvkslh,lh&III Any exceptions to the above may be considered
¼,pvkslh,lh & rd dh fofHkUUk lfefr;ksa dh 'kfä;ksa ds by HOCAC-III (for proposals falling under the powers
varxZr vkus okys izLrkoksa ds fy,½ vkSj izca/ku lfefr }kjk viuh of various committee’s upto HOCAC-III) &
fufgr 'kfä;ksa ds rgr izLrkoksa ds fy, fopkj fd;k tk ldrk Management Committee for proposals under its vested
gSA powers.
¼[k½ gkyk¡fd] ,ulh,yVh ds ek/;e ls leÖkkSrk ,oa lekèkku@ (b) However, in case of Compromise and Resolution/
fuiVku ds ekeys esa] olwyh lacaf/kr leÖkkSrk@ lek/kku Settlement through NCLT, recovery shall be
appropriated as per the terms of respective
fuiVku dh 'krks± ds vuqlkj fofu;ksftr dh tk,¡xhA compromise/ resolution settlement.
¼x½ okn nk;j@fMØh [kkrksa ds ekeys esa] olwyh fuEukuqlkj (c) In case of suit filed/decreed accounts, recovery
fofu;ksftr dh tk,xh% shall be appropriated as under:-
• As per the directives of the concerned Court.
• lacaf/kr U;k;ky; ds funsZ'kkuqlkjA
• U;k;ky; ds fof'k"V funsZ'kksa ds vHkko esa] tSlk fd • In the absence of specific directives from the
Court, as mentioned at point (a) above.
Åij fcanq ¼d½ esa crk;k x;k gSA
3.4 ,uih, dh fcØh] dks Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr 3.4 The sale of NPA is accounted as per
fn'kk&funsZ'kksa rFkk iSjk 5-3 ds varxZr izdVhdj.k ds vuqlkj guidelines prescribed by RBI and as disclosed under
ys[kkafdr fd;k x;k gSA Para 5.3.
3.5 deh'ku] ¼ljdkjh dkjksckj] chek O;kikj] E;wP;wvy QaM O;kikj] 3.5 Commission (excluding on Government Business,
lk[ki=k ,oa cSad xkjaVh dks NksM+dj½] fofue;] ykWdj fdjk,] Insurance Business, Mutual Fund Business, Letter
of Credit and Bank Guarantee), exchange, locker
O;kikj cSafdax ysunsuksa ls izkIr vk; vkSj Ô;kikj* ds :i esa
rent and Income on Rupee Derivatives designated
ukfer :i;k O;qRiUUkh ij vk; olwyh gksus ij vkSj chek nkoksa dks as “Trading” are accounted for on realization and
fuiVku ij ys[kkafdr fd;k tkrk gSA vfrns; ns'kh fcyksa ij insurance claims are accounted for on settlement.
C;kt dks olwyh gksus ij fglkc esa fy;k tkrk gS vkSj vfrns; Interest on overdue inland bills is being accounted for
fons'kh fcy ij C;kt dks bldk fØLVyhdj.k gksus rd on realization and interest on overdue foreign bill, till
fØLVyhdj.k ij rFkk mlds ckn olwyh gksus ij C;kt esa fy;k its crystallization is accounted for on crystallization and
tkrk gSA thereafter on realization.
247
3.6 okn nk;j [kkrksa ds ekeys esa lacaf/kr dkuwuh vkSj vU;k [kpsZ ykHk 3.6 In case of suit filed accounts, related legal and other
& gkfu ys[ks esa Mkys tkrs gSa vkSj bldh olwyh gksus ij mudh expenses incurred are charged to Profit & Loss Account
x.kuk rnuqlkj dh tkrh gS A and on recovery the same are accounted for as such.
3.7 vk;dj ds fjQaM ij C;kt ls gksus okyh vk; dks lacaf/kr 3.7 Income from interest on refund of income tax is
izkfèkdkfj;ksa }kjk ikfjr vkns'k ds o"kZ esa ys[kkafdr fd;k tkrk accounted for in the year the order is passed by the
gSA concerned authority.
3.8 3.8 Lease payments including cost escalation for assets
vkWijsfVax iV~Vs ij yh xbZ vkfLr;ksa ds fy, ykxr o`f) lfgr
taken on operating lease are recognized in the Profit
iV~Vs dk Hkqxrku iV~Vs vof/k ds Åij vkbZlh,vkbZ }kjk tkjh
and Loss Account over the lease term in accordance
,,l 19 ¼yht+sl½ ds vuqlkj ykHk&gkfu ys[ks esa fy;k tkrk gSA with the AS 19 (Leases) issued by ICAI.
3.9 ØsfMV dkMks± ij fjokMZ IokbaV~l ds fy, izko/kku izR;sd Js.kh esa 3.9 Provision for Reward Points on Credit cards is made
lafpr cdk;k IokabaVl ij vk/kkfjr gSA based on the accumulated outstanding points in each
category.
3.10 eh;knh tek ¼VhMh½ ifjiDo gksrk gS vkSj vk; dk Hkqxrku ugha 3.10 Term Deposit (TD) matures and proceeds are unpaid,
fd;k tkrk gS] cSad ds ikl nkok u dh xbZ jkf'k ij cpr [kkrs ij the amount left unclaimed with the bank shall attract
rate of interest as applicable to savings account or
ykxw C;kt nj ;k ifjiDo eh;knh tek ij C;kt dh vuqcaf/kr
the contracted rate of interest on the matured TD,
nj] tks Hkh de gks] ns; gksxhA whichever is lower.
3.11 ykHkka'k ¼varfje ykHkka'k dks NksM+dj½ izkIr djus dk vf/kdkj 3.11 Dividend (excluding Interim Dividend) is accounted
LFkkfir gksus ij ykHkka'k dh x.kuk dh tkrh gSA for as and when the right to receive the dividend is
established.
4. fuos'k 4. INVESTMENTS:
4.1 izfrHkwfr;ksa esa ysunsu **fuiVku frfFk** dks ntZ fd;k tkrk 4.1 The transactions in Securities are recorded on
gSA “Settlement Date”.
4.2 fuos'kksa dks cSafdax fofu;eu vf/kfu;e] 1949 dh rhljh 4.2 Investments are classified into six categories as
vuqlwph ds QkeZ , esa ;FkkfufnZ"V Ng Jsf.k;ksa esa oxhZd`r fd;k stipulated in form A of the third schedule to the
x;k gS A Banking Regulation Act, 1949.
4.3 uhps fn, x, Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa ds vuq:i 4.3 Investments have been categorized into “Held to
fuos'kksa dks **ifjiDork rd /kkfjr**] **fcØh gsrq miyC/k** rFkk Maturity”, “Available for Sale” and “Held for Trading”
**O;kikj gsrq /kkfjr** Jsf.k;ksa esa oxhZd`r fd;k tkrk gS% in terms of RBI guidelines as under:
(a) Securities acquired by the Bank with an intention
¼d½ cSad }kjk ifjiDork rd j[ks tkus dh ea'kk ls vftZr to hold till maturity are classified under “Held to
izfrHkwfr;ksa dks *ifjiDork rd /kkfjr* Js.kh esa j[kk x;k gSA Maturity”.
¼[k½ cSad }kjk vYikof/k ewY;@C;kt nj mrkj &p<+ko dk ykHk (b) The securities acquired by the Bank with an
intention to trade by taking advantages of short-
mBkrs gq, O;kikj gsrq j[ks tkus dh ea'kk ls vftZr izfrHkwfr;ksa term price/ interest rate movements are classified
dks **O;kikj gsrq /kkfjr** fuos'kksa esa oxhZd`r fd;k x;k gSA under “Held for Trading”.
(c) The securities, which do not fall within the above
¼x½ tks izfrHkwfr;ka mi;qä Z nksuksa Jsf.k;ksa esa ugha vkrha
two categories, are classified under “Available for
mUgsa **fcØh gsrq miyC/k** Js.kh ds v/khu oxhZdr` fd;k x;k gSA Sale”.
4.4 vuq"kafx;ksa] la;qä~ miØeksa vkSj lg;ksxh laLFkkvksa esa fuos'k dks 4.4 Investments in subsidiaries, joint ventures and
,pVh,e ds :i esa oxhZd`r fd;k x;k gSA associates are classified as HTM.
4.5 izfrHkwfr;ksa dk varj.k ,d Js.kh ls nwljh Js.kh esa varj.k dh frfFk dks 4.5 Transfer of securities from one category to another is
vf/kxzg.k ykxr@cgh ewY;@cktkj ewY; esa ls fuEu ewY; ij fd;k carried out at the lower of acquisition cost/ book value/
market value on the date of transfer. The depreciation,
tkrk gSA ;fn ,sls varj.k ij dksbZ ewY;gzkl gks rks mlds fy, iwjk if any, on such transfer is fully provided for.
izko/kku fd;k x;k gSA
gkykafd izfrHkwfr;ksa dk varj.k ,pVh,e Js.kh ls ,,Q,l Js.kh However, transfer of securities from HTM category
esa cgh ewY; ij fd;k tkrk gSA varj.k ds i'Pkkr~ ;s izfrHkwfr;ka to AFS category is carried out on book value. After
rqjar iquewZY;kafdr dh tkrh gS vkSj ifj.kkeLoj:i ewY;gzkl] transfer, these securities are immediately revalued
;fn dksbZ gks] dk izko/kku fd;k tkrk gSA and resultant depreciation, if any, is provided.
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fuos'k dks mldh [kjhnnkjh ds le; gh ,pVh,e] ,p,QVh An investment is classified as HTM, HFT or AFS at the
;k ,,Q,l ds :i esa oxhZd`r fd;k tkrk gS vkSj fofHkUUk time of its purchase and subsequent shifting amongst
Jsf.k;ksa ds chp rRlaca/kh f'kf¶aVx fofu;ked fn'kkfunsZ'kksa ds categories is done in conformity with regulatory
vuq:i dh tkrh gSA guidelines.
4.6 fdlh fuos'k dh vf/kxzg.k ykxr fu/kkZfjr djus esa% 4.6 In determining acquisition cost of an investment
¼,½ izfrHkwfr;ksa ds vf/kxzg.k ds lEcU/k esa vnk dh xbZ nykyh] (a) Brokerage, commission, Securities Transaction
deh'ku] izfrHkwfr ysunsu dj ¼,lVhVh½ bR;kfn dks vfxze Tax (STT) etc. paid in connection with acquisition
jktLo O;;ksa ds :i esa ekuk x;k gS vkSj bls ykxr ls ckgj of securities are treated as revenue expenses
j[kk x;k gSA upfront and excluded from cost.
¼ch½ izfrHkwfr;ksa ds vf/kxzg.k@fcØh dh rkjh[k rd vftZr C;kt (b) Interest accrued up to the date of acquisition/sale
of securities i.e. broken- period interest is excluded
vFkkZr~ [kafMr vof/k ds fy, C;kt dh vf/kxzg.k ykxr@ from the acquisition cost/sale consideration and
fcØh ds izfrQy ls ckgj j[kk x;k gS vkSj bldh x.kuk the same is accounted in interest accrued but not
mifpr C;kt esa dh xbZ gS u fd ns; [kkrs esaA due account.
¼lh½ fuos'kksa dh lHkh Jsf.;ksa ds fy, ykxr dk fu/kkZj.k Hkkfjr (c) Cost is determined on the weighted average
vkSlr ykxr i)fr ds vk/kkj ij fd;k x;k gS A cost method for all categories of investments.
4.7 Hkkjrh; fjt+oZ cSad@,QvkbZ,e,eMh, ds fn'kk&funsZ'kkuqlkj] 4.7 Investments are valued as per RBI/ FIMMDA guidelines,
fuos'k dk ewY;kadu fuEufyf[kr vk/kkj ij fd;k x;k gS% on the following basis:
ifjiDork rd /kkfjr % Held to Maturity

(i) **ifjiDork rd /kkfjr** Js.kh ds v/khu fuos'kksa dks vtZu (i) Investments under “Held to Maturity “category
are carried at acquisition cost.
ykxr ij fy;k x;k gSA
Wherever the book value is higher than the face
tgk¡ dgha vafdr ewY;@izfrnku ewY; ls cgh ewY; vf/kd
value/redemption value, the premium is amortized
gks rks izhfe;e dks ifjiDork dh 'ks"k vof/k esa lh/kh js[kk over the remaining period to maturity on straight
i)fr vk/kkj ij ifj'kksf/kr fd;k tkrk gSA **fuos'kksa ij line basis. Such amortization of premium is
vk;** 'kh"kZ ds varxZr vk; ds fo:) ,sls izhfe;e dk reflected in Interest Earned under the head
ifj'kks/ku iznf'kZr fd;k x;k gSA “Income on investments” as a deduction.
(ii) vuq"kafx;ksa@la;qä m|eksa@lg;ksfx;ksa esa vLFkk;h fuos'k ls (ii) Investments in subsidiaries/joint ventures/
associates are valued at carrying cost less
fHkUUk izR;sd O;fäxr fuos'kksa dh izd`fr esa fd;s x;s fuos'k
diminution, other than temporary in nature for
dk ewY;kadu j[kko ykxr esa ls gzkl dks gVkdj fd;k x;k gSA each investment individually.
(iii) izk;ksftr {ks=kh; xzkeh.k cSadksa esa fuos'kksa dk ewY;kadu j[kko (iii) Investments in sponsored regional rural banks are
ykxr ij fd;k x;k gSA valued at carrying cost.
(iv) m|e iwath esa fuos'kksa dk ewY;kadu j[kko ykxr ij fd;k (iv) Investment in Venture Capital is valued at carrying
x;k gSA cost.
(v) ,pVh,e Js.kh esa j[ks x, bfDoVh 'ks;j dk ewY;kadu j[kko (v) Equity shares held in HTM category are valued at
ykxr ij fd;k x;k gSA carrying cost.
Available for Sale and Held for Trading:
fcØh gsrq miyC/k vkSj O;kikj gsrq /kkfjr %
¼,½ ljdkjh izfrHkwfr;ka (a) Govt. Securities
I. dsUæ ljdkj dh fQDlM bude euh ekfdZV ,.M MsfjosfVOl I. Central Govt. At market prices/YTM as published
izfrHkwfr;ka ,lksfl,'ku vkWQ bafM;k ¼,QvkbZ,e,Mh,½ Securities by Fixed Income Money Market
QkbZusaf'k;y csapekdZ bafM;k izk- fy- and Derivatives Association
¼,QchvkbZ,y½ }kjk ;Fkk izdkf'kr ckt+kj of India (FIMMDA) / Financial
ewY;ksa@ifjiDork ij vk; ij Benchmark India Pvt. Ltd (FBIL).
II. jkT; ljdkjksa dh ,QvkbZ,e,eMh,@ Hkkjrh; fjt+oZ II. State Govt. On appropriate yield to maturity
izfrHkwfr;ka cSad ds fn'kkfunsZ'kksa ds vuqlkj mi;qä Securities basis as per FIMMDA/RBI
ifjiDork vk; vk/kkj ij guidelines.
249
¼ch½ dsaæh;@jkT; ljdkjksa ,QvkbZ,e,eMh,@ Hkkjrh; fjt+oZ (b) Securities guaranteed On appropriate yield to
}kjk xkjaVh okyh izfrHkwfr;ka] cSad fn'kkfunsZ'kksa ds vuqlkj mi;qä by Central / State maturity basis as per FIMMDA/
lkoZtfud {ks=k ds miØeksa Government, PSU RBI guidelines
ds ckW.M ¼vfxzeksa dh izd`fr ifjiDork vk; vk/kkj ij Bonds (not in the
ds ugha½ nature of advances)
¼lh½ Vªst+jh fcy j[kko ykxr ij (c) Treasury Bills At carrying cost
¼Mh½ bfDoVh 'ks;j ;fn dksV fd;k x;k gks rks ckt+kj (d) Equity shares At market price, if quoted,
otherwise at breakup value
ewY; ij vU;Fkk uohure rqyu&i=k
of the Shares as per latest
¼tks ,d o"kZ ls iqjkuk u gks½ ds vuqlkj
Balance Sheet (not more than
'ks;jksa ds czsd&vi ewY; ij] vU;Fkk one year old), otherwise at
izfr daiuh #-1@& Re.1 per company
¼bZ½ vf/kekuh 'ks;j ;fn dksV fd;k x;k gks rks ckt+kj (e) Preference shares At market price, if quoted
ewY; ij vU;Fkk Hkkjrh; fjt+oZ or on appropriate yield to
cSad@,QvkbZ,e,eMh, ekxZfunsZ'kksa maturity basis not exceeding
ds vuqlkj mi;qä ifjiDork vk; redemption value as per RBI/
ij fdarq izfrnku ewY; ls vf/kd ugha FIMMDA guidelines.
¼,Q½ ck.M vkSj fMcsapj ¼vfxzeksa ;fn dksV fd;k x;k gks rks ckt+kj (f) Bonds and At market price, if quoted,
dh izd`fr ds ugha½ ewY; ij vU;Fkk Hkkjrh; fjt+oZ cSad@ debentures (not or on appropriate yield to
,QvkbZ,e,eMh, ekxZfunsZ'kksa ds in the nature of maturity basis as per RBI/
vuqlkj] mi;qä ifjiDork vk; ij advances) FIMMDA guidelines.
¼th½ E;wpqvy Q.Mksa ds ;wfuV ;fn dksV fd;k x;k gks rks LVkWd (g) Units of mutual funds As per stock exchange
,Dlpsat ds Hkko ds vuqlkj vkSj ;fn quotation, if quoted; at
dksV u fd;k x;k gks] rks iqu[kZjhn repurchase price/NAV, if
ewY;@,u,oh ij unquoted
¼,p½ okf.kfT;d i=k j[kko ykxr ij (h) Commercial Paper At carrying cost
¼vkbZ½ tek izek.ki=k j[kko ykxr ij (i) Certificate of Deposits At carrying cost
¼ts½ ,vkjlhvkbZ,y dh ,vkjlhvkbZ,y }kjk dh xbZ ?kks"k.kk ds (j) Security receipts of At net asset value of the asset
izfrHkwfr jlhnsa vuqlkj vkfLr ds fuoy vkfLr ewY; ij ARCIL as declared by ARCIL
¼ds½ m|e iw¡th fuf/k;k¡ m|e iw¡th fuf/k;ksa }kjk dh xbZ (k) Venture Capital Funds At net asset value (NAV)
?kks"k.kk ds vuqlkj vkfLr ds fuoy declared by the VCF
vkfLr ewY; ij ¼,u,oh½
¼,y½ vU; fuos'k ykxr esa ewY;âkl dks ?kVkdj j[kko (l) Other Investments At carrying cost less diminution
ykxr ij in value
fcØh gsrq miyC/k rFkk O;kikj gsrq /kkfjr Js.kh oxZ esa mi;qZä ewY;kadu The above valuation in category of Available for Sale and
Held for Trading is done scrip wise on quarterly basis
izR;sd fLØi ds fy, vyx&vyx frekgh vk/kkj ij fd;k tkrk gS
and depreciation/appreciation is aggregated for each
rFkk izR;sd oxhZdj.k ds fy, ewY;gzkl@o`f) tksM+h tkrh gSA ;fn 'kq) classification. Net depreciation for each classification, if any, is
ewY;gzkl gS rks izR;sd oxhZdj.k ds fy, izko/kku fd;k tkrk gS tcfd 'kq) provided for while net appreciation is ignored. On provision
o`f) n'kkZ;h ugha tkrh gSA ewY;gzkl ds fy, izko/kku ij O;fäxr izfrHkwfr for depreciation, the book value of the individual security
dk cgh ewY; ckt+kj gsrq fpfºur djus ds i'Pkkr~ vifjofrZr jgrk gSA remains unchanged after marking to market.
4.8 Hkkjrh; fjt+oZ cSad ds ,uihvkbZ oxhZdj.k ds foosdiw.kZ ekunaMksa 4.8 Investments are subject to appropriate provisioning/
ds vuq:i fuos'k mi;qä izko/kkuhdj.k rFkk vk; vekU;hdj.k de-recognition of income, in line with the prudential
norms of Reserve Bank of India for NPI classification. The
ds v/khu gSaA vutZd izfrHkwfr;ksa ds laca/k esa ewY;gzkl@ izkoèkku]
depreciation/provision in respect of non-performing
vU; vtZd izfrHkwfr;ksa ds laca/k esa o`f) ds izfr leatu ¼lSV
securities is not set off against the appreciation in
vkWQ½ ugha fd;k x;k gSA respect of the other performing securities.
250
,d bZdkbZ }kjk izkIr~ dh xbZ _.k lqfo/kk ;fn cSad dh cgh esa If any credit facility availed by an entity is NPA in the
,uih, gS] rks mlh bZdkbZ }kjk tkjh izfrHkwfr;ksa esa dksbZ Hkh fuos'k books of the Bank, investment in any of the securities
,uihvkbZ ds :i esa ;k blds foijhr Øe esa ekuk tk,xkA rFkkfi issued by the same entity would also be treated as NPI
,uihvkbZ vf/kekuh 'ks;jksa ds laca/k esa tgka ykHkka'k dk Hkqxrku and vice versa. However, in respect of NPI preference
share where the dividend is not paid, the corresponding
ugha fd;k tkrk ogka rnuq:ih _.k lqfo/kk dks ,uih, ugha ekuk
credit facility is not treated as NPA.
tk,xkA
izfrHkwfr;ksa vFkkZr ckaM] fMcsapj vkfn ds ekeys esa tgka In case of securities i.e. bonds, debentures, etc. where
m/kkjdrkZvksa }kjk _.k lqfo/kkvksa dk ykHk mBk;k tkrk gS] ogka the credit facilities are availed by the borrowers, the
izkoèkku okbZVh,e ;k vkbZvkj,lh ekunaM] tks Hkh vf/kd gks] ds provision has been made on the basis of YTM or IRAC
norms whichever is higher.
vk/kkj ij fd;k x;k gSA
4.9 fdlh Hkh Js.kh ds fuos'kksa dh fcØh ls gq, ykHk vFkok gkfu dks 4.9 Profit or loss on sale of investments in any category is
ykHk o gkfu ys[ks esa ys tk;k tkrk gS fdarq *ifjiDork gsrq taken to Profit and Loss account but, in case of profit on
èkkfjr* Js.kh ds fuos'kksa dh fcØh ls gq, ykHk ds ekeys esa mldh sale of investments in “Held to Maturity” category, an
equivalent amount (net of taxes and amount required
lerqY; jkf'k ¼lkafof/kd fjtoZ esa varfjr dh tkus okyh jkf'k
to be transferred to Statutory Reserve) is appropriated
vkSj dj ?kVkdj½ *iwath izkjf{kr fuf/k* [kkrs esa fofu;ksftr dh
to “Capital Reserve Account”.
tkrh gS A
4.10 okil [kjhn O;oLFkk ds vUrxZr iqu%[kjhnh@iqu% csph x;h 4.10 Securities repurchased/resold under buy back
izfrHkwfr;ksa dks mudh ewy ykxr ij ys[kkafdr fd;k tkrk gS A arrangement are accounted for at original cost.
4.11 jsiks o fjolZ jsiks ds varxZr csph o [kjhnh xbZ izfrHkwfr;ksa dks 4.11 The securities sold and purchased under Repo/
Reverse Repo are accounted as Collateralized lending
laikf'Zod m/kkj o m/kkjh ysu&nsuksa ds rkSj ij fy;k tkrk
and borrowing transactions. However, securities are
gSA gkykafd lkekU; lh/kh fcØh@[kjhn ysu&nsu ds ekeys esa
transferred as in the case of normal outright sale/
izfrHkwfr;ksa dks varfjr fd;k tkrk gS rFkk izfrHkwfr;ksa dk ,slk purchase transactions and such movement of securities
lapkyu fjiks@fjolZ jsiks [kkrksa dk iz;ksx djds vkSj izfr is reflected using the Repo/Reverse Repo Accounts and
izfof"V;ksa esa izn£'kr gksrk gSA mä izfof"V;ksa ifjiDork frfFk ij Contra entries. The above entries are reversed on the
fjolZ dh tkrh gSA ykxr o jktLo dks C;kt O;;@vk; ekuk date of maturity. Costs and revenues are accounted
tkrk gS] tSlk Hkh ekeyk gksA jsiks [kkrs esa 'ks"k dks vuqlwph 4 as interest expenditure/income, as the case may be.
¼mèkkjh½ rFkk fjolZ fjiks [kkrs esa 'ks"k dks vuqlwph 7 ¼cSad ds ikl Balance in Repo Account is classified under schedule
4 (Borrowings) and balance in Reverse Repo Account
'ks"k rFkk ekax o vYi lwpuk ij ns; jkf'k uksfVl½ ds varxZr j[kk
is classified under Schedule 7 (Balance with Banks
tkrk gSA ;g vkjchvkbZ ds lkFk ,y,,Q ij Hkh ykxw gksrk gSA
and Money at Call & Short Notice).The same is also
applicable to LAF with RBI.
4.12 O;qRiUUk ¼MsfjosfVOl½ ysu&nsu O;kikj vFkok izfrj{kk ds iz;kstu 4.12 The derivatives transactions are undertaken for trading
ls fd;s x;s gSa A O;kikfjd ysu&nsu ckt+kj ewY; ij gSA Hkkjrh; or hedging purposes. Trading transactions are marked
fjt+oZ cSad ds funsZ'kkuqlkj vnykcnyh dh fofHkUUk Jsf.k;ksa dk to market. As per RBI guidelines, different categories of
fuEuor~ ewY;u fd;k x;k gS % swaps are valued as under:-
cpko vnyk cnyh ¼gSt LoSi½ Hedge Swaps
C;kt nj vnyk&cnyh tks C;kt okgd vkfLr vFkok ns;rk dh Interest rate swaps with hedge interest bearing asset
izfrj{kk djrh gS] dks mip; vk/kkj ij ys[kkafdr fd;k tkrk or liability are accounted for on accrual basis except
the swaps designated with an asset or liability that are
gS] fdlh vkfLr vFkok ns;rk ds lkFk vfHkfgr vnykcnyh dks
carried at market value or lower of cost in the financial
NksM+dj tks foÙkh; fooj.kh esa ckt+kj ewY; vFkok ykxr esa ls de
statement.
dher ij fy;k tkrk gSA
Gain or losses on the termination of swaps are
vnyk cnyh dh lekfIr ij ykHk ;k gkfu dks vnykcnyh dh
recognized over the shorter of the remaining
'ks"k lafonkxr vof/k vFkok vkfLr@ns;rk dh 'ks"k vof/k esa ls tks
contractual life of the swap or the remaining life of the
Hkh de gks] ij ekuk tkrk gS A asset/ liabilities.
251
O;kikfjd vnyk cnyh ¼VªsfMax Loki½ Trading Swaps
O;kikfjd vnykcnyh dh ysu nsu dks foÙkh; foojf.k;ksa esa fjdkMZ Trading swap transactions are marked to market with
fd, x, ifjorZuksa lfgr ckt+kj ewY; ij fpfºur fd;k tkrk gSA changes recorded in the financial statements.
O;kikfjd mís';ksa ds fy, fd, x, ,Dlpsat esa fd;s x, Exchange Traded Derivatives entered into for trading
purposes are valued at prevailing market rates based
MsjhosfVOl lkSns ,Dlpsat }kjk nh xbZ njksa ds vk/kkj ij
on rates given by the Exchange and the resultant
izpfyr C;kt nj ij ewY;kafdr fd, tkrs gSa vkSj izkIr ykHkksa
gains and losses are recognized in the Profit and Loss
,oa gkfu;ksa dks ykHk o gkfu ys[ks esa fy;k tkrk gSA Account.
4.13 fons'kh eqæk fodYi% 4.13 Foreign Currency Options:
vU; cSad ds lkFk cSd Vw cSd dkUVªsDV ds :i esa cSad }kjk fd;k Foreign currency options written by the bank with
x;k fons'kh eqæk fodYi ckt+kj ewY; ij ugha gS] D;ksafd blesa a back-to-back contract with another bank are not
ckt+kj tksf[ke ugha gS A marked to market since there is no market risk.
izkIr izhfe;e dks ns;rk ds :i esa j[kk x;k gS vkSj ifjiDork@ Premium received is held as a liability and transferred to
fujLrhdj.k ij ykHk o gkfu ys[ks esa vUrfjr fd;k x;k gS A the Profit and Loss Account on maturity/cancellation.
5. _.k@vfxze vkSj blds fy, izko/kku 5. LOANS / ADVANCES AND PROVISIONS THEREON:
5.1 vfxzeksa dk oxhZdj.k vtZd vkSj vutZd vkfLr;ksa ds :i esa 5.1 Advances are classified as performing and non-
fd;k tkrk gS vkSj muds fy, Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr performing assets; provisions are made in accordance
foosdiw.kZ ekunaMksa ds vuqlkj izko/kku fd;k tkrk gS A with prudential norms prescribed by RBI.
¼,½ vfxzeksa dks m/kkjdrkZokj ekud] voekud] lafnX/k ,oa gkfu (a) Advances are classified: Standard, Sub Standard,
Doubtful and Loss assets borrower wise.
vkfLr ds :i esa oxhZd`r fd;k tkrk gS A
¼ch½ vfxze fof'k"Vk _.k gkfu izko/kkuksa] iquxZfBr vfxzeksa dh (b) Advances are stated net of specific loan loss
mfpr ewY; esa deh ds fy, izko/kku dks ?kVkdj mYysf[kr provisions, provision for diminution in fair value of
restructured advances.
gSaA
5.2 fons'kh dk;kZy;ksa ds laca/k esa _.kksa ,oa vfxzeksa] dk oxhZdj.k vkSj 5.2 In respect of foreign offices, the classification of loans
,uih, ds fy, izko/kku LFkkuh; fofu;eksa ;k Hkk-fj-cSad ekud] tks and advances and provisions for NPAs are made as
per the local regulations or as per the norms of RBI,
Hkh vf/kd dBksj gks] ds vuqlkj fd;k x;k gS A
whichever is more stringent.
Loans and advances held at the overseas branches
fons'kh 'kk[kkvksa esa j[ks _.k ,oa vfxze tks olwyh ds fjdkMZ ds
that are identified as impaired as per host country
vykok vU; dkj.kksa ds fy, estcku ns'k ds fofu;eksa ds vuqlkj regulations for reasons other than record of
{kfr ds :i esa fpfUºr gSa] ¯drq tks Hkkjrh; fjtoZ cSad ds ekStwnk recovery, but which are standard as per the extant
fn'kk&funsZ'kksa ds vuqlkj LVS.MMZ gSa] dks estcku ns'k esa cdk;k RBI guidelines, are classified as NPAs to the extent of
jkf'k dh lhek rd ,uih, ds :i esa oxhZd`r fd;k x;k gSA amount outstanding in the host country.
5.3 csph xbZ foÙkh; vkfLr;ksa dks fuEufyf[kr :i esa ekuk x;k gS % 5.3 Financial Assets sold are recognized as under:
¼,½ ,llh@vkjlh dks csph xbZ foÙkh; vkfLr;ksa dh fcØh gsrq (a) For Sale of financial assets sold to SCs/RCs
(i) ;fn ,llh@vkjlh dks fcØh fuoy cgh ewY; ¼,uchoh½ (i) If the sale to SCs/RCs is at a price below the Net
¼vFkkZr~ cgh ewY; esa ls izko/kku ?kVkdj½ ls uhps dh dher Book Value (NBV), (i.e. Book Value less provisions
held), the shortfall should be debited to the Profit
ij dh xbZ gS rks ml o"kZ deh dks ykHk o gkfu [kkrs esa MsfcV
& Loss account of that year. Bank can also use
djuk pkfg,A cSad ,uih, dh fcØh ij vFkkZr~ tc fcØh counter cyclical / floating provisions for meeting
fuoy cgh ewY; ls de dher ij dh xbZ gks rks ikbZ xbZ the shortfall on sale of NPAs i.e. when the sale is at
deh dks iwjk djus gsrq izfrpØh;@¶yksfVax izko/kku Hkh dj a price below the NBV.
ldrk gSA
(ii) ;fn fcØh fuoy cgh ewY; dh vis{kk mPpj ewY;ks ij dh (ii) If the sale is for a value higher than the NBV, Bank
xbZ gS] rks cSad bl o"kZ blds ykHk o gkfu [kkrksa esa izkIr jkf'k can reverse the excess provision on sale of NPAs to
its profit and loss account in the year, the amounts
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esa ls ,uih, dh fcØh ij vfrfjä izko/kku okil ys ldrk are received. However, Bank can reverse excess
gSA rFkkfi] cSad ,uih, dh fcØh ls vfrfjä izko/kku ¼tc provision (when the sale is for a value higher than
the NBV) arising out of sale of NPAs, only when
fcØh fuoy cgh ewY; dh vis{kk mPp ewY; ij dh xbZ
the cash received (by way of initial consideration
gS½ rHkh fjolZ dj ldrk gS] tc izkIr udnh ¼izkjfEHkd and/ or redemption of SRs/ PTCs) is higher
izfrQy vkSj@vFkok ,lvkj@ihVhlh dh NwV ds ek/;e than the NBV of the asset. Further, reversal of
ls½ vkfLr;ksa dh ,uchoh ls vf/kd gksA vkxs] vfrfjä@ excess provision will be limited to the extent
izkoèkku dk fjolZy vkfLr ds ,uchoh ls vf/kd izkIr to which cash received exceeds the NBV of the
vfrfjä udnh rd lhfer gksxh A asset.
¼ch½ vU;] cSad@,uch,Qlh@,QvkbZ bR;kfn dks fcØh dh xbZ foÙkh; (b) For Sale of financial assets sold to Other Banks/NBFCs/
vkfLr;ksa dh fcØh gsrq FIs etc.
(i) fuoy cgh ewY; ¼,uchoh½ ls de dher ij fcØh djus ds (i) In case the sale is at a price below the Net Book
Value (NBV) i.e. Book Value less provision held, the
ekeys esa vFkkZr~ cgh ewY; ls izko/kku ?kVk dj deh dks ml
shortfall should be debited to the Profit & Loss A/c
o"kZ ykHk o gkfu ys[ks ls MsfcV djuk pkfg,A of that year.
(ii) ;fn fcØh fuoy cgh ewY; ¼,uchoh½ ls vf/kd ewY; ij (ii) In case the sale is for a value higher than the Net
gS vFkkZr cgh ewY; ls izko/kku ?kVk dj] vfrfjä izkoèkku Book Value (NBV) i.e. Book Value less provision
izR;kofrZr ugha fd;k tk,xk fdarq vU; xSj fu"ikfnr held, the excess provision shall not be reversed
but will be utilized to meet the shortfall / loss
foÙkh; ifjlEifr;ksa dh fcØh [kkrksa vkSj deh@gkfu dks
on account of sale of other Non Performing
iwjk djus ds fy, mldk mi;ksx fd;k tk,xkA Financial Assets.
(iii) ;fn ;gk¡ fcØh ysunsu esa vfrfjä izko/kku ls vf/kd (iii) In case there is overall surplus over and above
vfèk'ks"k gS rks vf/k'ks"k jkf'k dks ykHk vkSj gkfu [kkrsa esa fy;k the excess provision in any of the sale transaction
tk,xkA that surplus amount will be taken in the Profit &
loss a/c.
5.4 iqu%lajfpr vkfLr;ka % 5.4 Restructured Assets:
vfxzeksa ds iqu% lajpuk@iqu% fu/kkZj.k ds ekeys esa Hkkjrh; fjt+oZ For restructured/rescheduled advances, provisions are
cSad ds le;≤ ij tkjh ekxZfunsZ'kksa ds vuqlkj izkoèkku made in accordance with guidelines issued by RBI from
time to time. Necessary provision for diminution in the
fd;k tkrk gSA iqul±jfpr [kkrs ds mfpr ewY; esa deh ds fy,
fair value of a restructured account is made.
vko';d izko/kku fd;k x;k gSA
The bank considered a restructured account as one
cSad ,d iqul±jfpr [kkrk mls ekurk gS tgka cSad us mèkkjdrkZvksa where the bank, for economic or legal reasons relating
dh foÙkh; dfBukbZ;ksa ls lacaf/kr vkfFZkd vkSj fof/kd to the borrower’s financial difficulty, grants concessions
dkj.kksa gsrq m/kkjdrkZ dks fj;k;r nh gSA iqul±jpuk esa to the borrower. Restructuring would normally involve
lkekU;r;k vfxzeksa@izfrHkwfr;ksa dh 'krks± esa la'kks/ku 'kkfey gksxk modification of terms of the advances / securities,
which would generally include, among others,
ftlesa vU; ds vykok iquHkqZxrku vof/k@iquHkqZxrku jkf'k@ alteration of repayment period / repayable amount/
fd'rksa dh jkf'k@C;kt dh nj@ØsfMV lqfo/kkvksa dk jksy vksoj@ the amount of installments / rate of interest / roll over
vfrfjä _.k lqfo/kk dh Lohd`fr@ekStwnk ØsfMV lhekvksa esa of credit facilities / sanction of additional credit facility
o`f)@leÖkkSrk tgka fuiVkjs dh jkf'k ds Hkqxrku ds fy, le; / enhancement of existing credit limits / compromise
settlements where time for payment of settlement
rhu eghus ls vf/kd gks x;k gksA iquxZfBr [kkrs cSad }kjk dsoy
amount exceeds three months. Restructured accounts
iquxZBu iSdst ds vuqeksnu vkSj dk;kZUo;u ds i'Pkkr~ gh bl are classified as such by the Bank only upon approval
rjg oxhZd`r fd, tkrs gSaA and implementation of the restructuring package.
,uih, ds :i esa oxhZd`r ekud [kkrs gSa vkSj cSad }kjk iqul±jpuk Standard accounts classified as NPA and NPA accounts
retained in the same category on restructuring by the
ij ,d gh Js.kh esa j[ks x, ,uih, [kkrs dsoy rHkh vixzsM bank are upgraded only when all the outstanding loan
fd, tkrs gSa tc [kkrs esa lHkh cdk;k _.k @ lqfo/kk,a*fufnZ"V / facilities in the account demonstrate ‘satisfactory
vof/k* ds nkSjku *larks"ktud izn'kZu* iznf'kZr djrh gSa ¼vFkkZr] performance’ (i.e., the payments in respect of borrower
mèkkjdrkZ bdkbZ ls lEcaf/kr Hkqxrku dHkh Hkh cdk;k u gks½ entity are not in default at any point of time) during the
‘specified period’.
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^fufnZ"V vof/k*dk eryc gS fd lek/kku ;kstuk ¼vkjih½ ds ‘Specified period’ means the period from the date of
dk;kZUo;u dh frfFk ls ysdj ml frfFk rd dh vof/k tc implementation of Resolution plan (RP) up to the
lekèkku ;kstuk ds vuqlkj cdk;k ewy/ku dk de ls de date by which at least 20 percent of the outstanding
principal debt as per the RP and interest capitalization
20 izfr'kr vkSj iquxZBu ds fgLls ds :i esa Lohd`r C;kt
sanctioned as part of the restructuring, if any, is repaid.
iwathdj.k];fn gS] pqdk;k tk pqdk gksA c'krsZ fufnZ"V vof/k Provided that the specified period cannot end before
lekèkku ;kstuk dh 'krks± ds rgr vf/kLFkxu dh lcls yach vof/k one year from the commencement of the first payment
ds lkFk ØsfMV lqfo/kk ij C;kt ;k ewy/ku ¼tks Hkh ckn esa gks½ ds of interest or principal (whichever is later) on the credit
igys Hkqxrku ds 'kq: gksus ls ,d o"kZ igys lekIr ugha gks ldrh facility with longest period of moratorium under the
gSA terms of RP.
cM+s [kkrksa ds fy, ¼vFkkZr ,sls [kkrs tgka m/kkjnkrkvksa dk dqy For the large accounts (i.e., accounts where the
aggregate exposure of lenders is Rs 100 crore and above)
tksf[ke 100 djksM +#i;s vkSj mlls vf/kd gS½ vixzsM djus ,oa
to qualify for an upgrade, in addition to demonstration
fu;e vuqlkj cukus rFkk larks"ktud dk;Zfu"iknu ds izfriknu of satisfactory performance, the credit facilities of the
ds vfrfjä cSad _.k jsfVax ds mís'; ls fjt+oZ cSad }kjk ekU;rk borrower shall also be rated as investment grade (BBB-
izkIr lhvkj, }kjk fu/kkZfjr vof/k ds var rd m/kkjdrkZvksa dh or better) as at the end of the ‘specified period’ by CRAs
_.k lqfo/kk,a Hkh fuos'k xzsM ¼chchch&;k csgrj½ ds :i esa vkadh accredited by the Reserve Bank for the purpose of bank
tk,axhA tcfd #-500 djksM+ vkSj mlls vf/kd ds dqy tksf[ke loan ratings. While accounts with aggregate exposure
okys [kkrksa dks nks jsfVaxksa dh vko';drk gksxh]#-500 djksM+ ls of Rs 500 crore and above shall require two ratings,
those below Rs 500crore shall require one rating. If
de okys [kkrksa dks ,d jsfVax dh vko';drk gksxhA ;fn jsfVax
the ratings are obtained from more than the required
lhvkj, dh vko';d la[;k ls vf/kd izkIr dh tkrh gSa]rks ,slh number of CRAs, all such ratings shall be investment
lHkh jsfVax vixzsM gsrq vgZrk izkIr djus ds fy, fuos'k xzsM gksxhA grade to qualify for an upgrade.
;fn fufnZ"V vof/k ds nkSjku [kkrs }kjk larks"ktud izn'kZu In case satisfactory performance during the specified
iznf'Zkr ugha fd;k tkrk gS] rks rRdky bl [kkrs dks] iquxZBu ls period is not demonstrated, the accounts, immediately
igys ekStwn iquHkqZxrku vuqlwph ds vuqlkj iqu% oxhZd`r fd;k on such default, are reclassified as per the repayment
tkrk gSA ,sls [kkrksa ds fy, Hkfo"; esa vixzsM gksuk mlds ,d schedule that existed before the restructuring. Any
future upgrade for such accounts would be contingent
u, lek/kku ;kstuk ds dk;kZUo;u ,oa mlds ckn larks"ktud
on implementation of a fresh RP and demonstration of
izn'kZu ds Åij fuHkZj gksxkA satisfactory performance thereafter.
5.5 ,uih, ij oxhZd`r izko/kkuksa ds vfrfjä] Hkkjrh; fjtoZ cSad ds 5.5 In addition to the specific provision on NPAs,
ekStwnk fn'kk&funsZ'kksa ds vuqlkj ekud vkfLr;ksa ds fy, lkekU; general provisions are also made for standard assets
as per extant RBI Guidelines. These provisions are
izko/kku Hkh fd;k x;k gS A ;s izko/kku rqyu&i=k dh vuqlwph 5
reflected in Schedule 5 of the Balance Sheet under
esa **vU; ns;rk,a o izko/kku & vU;** 'kh"kZd ds varxZr iznf'kZr the head “Other Liabilities & Provisions – Others”
fd;k tkrk gS vkSj fuoy ,uih, fudkyus ds fy, bl ij fopkj and are not considered for arriving at the Net NPAs.
ugha fd;k tkrk gS A
5.6 Hkkjrh; fjtoZ cSad ds fn'kk&funsZ'kksa ds vuqlkj xSj fu"ikfnr 5.6 In accordance with RBI guidelines, accelerated
provision is made on non-performing advances
vfxzeksa ds fy, Rofjr izko/kku fd;k x;k ftls cSad }kjk iwoZ esa
which were not earlier reported by the Bank as
,l,e, &2 Js.kh ds varxZr lSUVªy fjiksftVjh vkWQ baQkesZ'ku Special Mention Account under “SMA-2” category to
vkWu yktZ ØsfMV ¼lhvkjvkbZ,ylh½ dks fo'ks"k of.kZr [kkrs esa Central Repository of Information on Large Credits
fjiksVZ ugha fd;k tkrk Fkk A (CRILC).
5.7 iwoZ o"kks± esa cV~Vs [kkrs _.kksa ds fo:) olwy dh xbZ jkf'k vkSj 5.7 Amounts recovered against debts written-off in earlier
izko/kkuksa dks m/kkjdrkZ dh orZeku fLFkfr ds ifjizs{; esa fopkj years and provisions no longer considered necessary in
the context of the current status of the borrower are
djuk vko';d ugha leÖkk x;k gS vkSj bls ykHk&gkfu [kkrsa esa
recognized in the profit and loss account.
fy;k tkrk gSA
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5.8 ns'k ,Dlikst+j ds fy, izko/kku 5.8 Provision for Country Exposure:
vkfLr oxhZdj.k fLFkfr ds vuqlkj fd, x, fof'k"V izko/kkuksa In addition to the specific provisions held according
ds vfrfjä fdlh ns'k ds ,Dlikst+jksa ¼vius ns'k ds vykok to the asset classification status, provisions are also
made for individual country exposures (other than
vU;½ ds fy, Hkh izko/kku fd;k x;k gS A ns'kksa dks lkr tksf[ke
the home country). Countries are categorized into
Jsf.k;ksa vFkkZr~ ekewyh] de] eè;e de] e/;e] mPp] eè;e seven risk categories, namely, insignificant, low,
mPp vkSj cgqr mPp esa oxhZd`r fd;k x;k gS vkSj izko/kku moderately low, moderate, moderately high, high &
Hkkjrh; fjtoZ cSad ds ekStwnk fn'kk&funsZ'kksa ds vuqlkj fd;k very high and provisioning made as per extant RBI
x;k gS A izR;sd ns'k ds ekeys esa ;fn cSad dk ns'k ,Dlikst+j guidelines. If the country exposure (net) of the Bank
¼fuoy½ dqy foÙk iksf"kr vkfLr;ksa dh 1% ls vf/kd ugha gS rks in respect of each country does not exceed 1% of
,sls daVªh ,Dlikst+j esa dksbZ izko/kku ugha fd;k tkrk gS A ;g the total funded assets, no provision is maintained
izko/kku rqyu i=k dh vuqlwph 5 esa *^vU; ns;rk,a ,oa izko/kku on such country exposures. The provision is
reflected in Schedule 5 of the Balance Sheet
*vU;** ds varxZr iznf'kZr fd;k tkrk gS A
under the “Other liabilities & Provisions – Others”.
5.9 Hkkjrh; dEifu;ksa dh LVsi Mkmu vuq"kafx;ksa ds lHkh ,DLikstj 5.9 An additional provision of 2% (in addition to country risk
dk izfrfuf/kRo djus okyh ekud vkfLr ds fo#) 2% dk ,d provision that is applicable to all overseas exposures)
vfrfjä izko/kku fd;k x;k gS ¼lHkh vksojlht ,DLikstjksa ij against standard assets representing all exposures
ykxw daVªh tksf[ke ds vfrfjä½ rkfd <kaps dh tfVyrk gksus to step down subsidiaries of Indian Corporates has
ls mRiUUk vfrfjä tksf[ke dks doj fd;k tk lds] fofHkUUk been made to cover the additional risk arising from
{ks=kfèkdkj esa fofHkUUk e/;orhZ laLFkkvksa dh vokfLFkfr gksus ls complexity in the structure, location of different
intermediary entities in different jurisdictions exposing
Hkkjrh; daiuh vkSj mlls dkQh gn rd jktuSfrd vkSj fu;ked
the Indian Company, and hence the Bank, to a greater
tksf[ke ds fy, cSad ,DLikstj gks ldrk gSA ¼vkjchvkbZ ifj-la-
political and regulatory risk. (As per RBI Cir.No. RBI/
RBI@2015-16@279 DBR.IBD.BC No.68@23-37-001@2015
2015.16/279 DBR. IBD.BC No. 68/ 23.37.001/ 2015-16
&16 fnukad 31-12-2015 ds vuqlkj½A
dated 31.12.2015).
6. laifÙk] la;a=k vkSj midj.k 6. PROPERTY, PLANT & EQUIPMENT:
6.1 ftu ifjljksa dk iquewZY;u gks pqdk gS mUgsa NksM+dj laifÙk] la;a=k] 6.1 Property, Plant & Equipment are stated at historical
vkSj midj.k dks mudh ijEijkxr ykxr esa ls lafpr ewY;gzkl@ cost less accumulated depreciation/amortization,
wherever applicable, except those premises, which
ifj'kks/ku dks ?kVkdj fn[kk;k tkrk gS iquewZY;u ij gqbZ o`f)
have been revalued. The appreciation on revaluation
dks iquewZY;u izkjf{kr fuf/k esa tek fd;k tkrk gS vkSj iquewZY;u
is credited to revaluation reserve and incremental
jkf'k ds dkj.k o`f)'khy ewY;gzkl dks mlesa ls de dj fn;k depreciation attributable to the revalued amount is
tkrk gS A deducted there from.
6.2 lkW¶Vos;j dks iwathd`r dj vewrZ vkWfLr;ksa ds lkFk tksM+ fn;k 6.2 Software is capitalized and clubbed under Intangible
x;k gS A assets.
6.3 [kjhnnkjh dh ykxr lfgr lHkh [kpsZ tSls lkbV rS;kj djuk] 6.3 Cost includes cost of purchase and all expenditure
such as site preparation, installation costs and
laLFkkiuk ykxr] iwathdj.k ds le; rd vkfLr ij [kpZ dh
professional fees incurred on the asset till the
x;h O;olkf;d Qhl ykxr esa 'kkfey gSA vkfLr;ksa ij [kpZ
time of capitalization. Subsequent expenditure/s
fd, x, ifjorhZ [kpsZ dsoy rHkh iwathd`r fd, tkrs gSa tc incurred on the assets are capitalized only when
,slh vkfLr;ksa ;k mudh dk;Z{kerk ls Hkfo"; ds ykHk esa o`f) it increases the future benefits from such assets
gksrh gS A or their functioning capability.
6.4 ewY;gzkl 6.4 DEPRECIATION:
,- vkfLr;ksa ¼Hkwfe lfgr tgka dher vyx u dh tk ldrh gks½ ij A. Depreciation on assets (including land where value
ewY;gzkl ds fy;s izko/kku vkfLr dh izR;kf'kr vk;q ij lh/kh is not separable) is provided on straight-line method
js[kk i)fr ds vuqlkj fd;k tkrk gSA dEI;wVjksa dks NksM+dj tgka based on estimated life of the asset, except in respect
bldh x.kuk Hkkjrh; fjtoZ cSad }kjk fu/kkZfjr nj ij lh/kh js[kk of computers where it is calculated on the straight-line
i)fr ls dh tkrh gSA method, at the rates prescribed by RBI.
255
ch- ,slh vkfLr;ksa ij ewY;gzkl fuEufyf[kr njksa ij fd;k x;k B. Depreciation on assets has been provided at the rates
gS % furnished below:-
fooj.k ewY;gzkl dh nj Particulars Rate of Depreciation

ifjlj PREMISES
ÝhgksYM laifÙk Freehold Properties
Hkwfe 'kwU; Land NIL
fuekZ.k ykxr ij iznku dh tkus 2-5% ¼40 o"kZ lh/kh js[kk Depreciation to be 2.5% (40 years
okyh ewY;gzkl nj tgk¡ Hkwfe dh fof/k ;k 'ks"k vk;q tks Hkh de provided on Construction Straight Line Method
ykxr dks vyx fd;k tkrk gS gks½ Cost where the land cost or remaining life
vkSj dqy ykxr ij tgka Hkwfe is segregated and on total whichever is lower)
dh ykxr lqfuf'Pkr ugha dh tk cost where the land cost
ldrh vkSj mls vyx ugha fd;k is not ascertainable and
tk ldrk gS cannot be segregated.
csfe;knh iV~Vs ij yh xbZ Hkwfe 'kwU; Land acquired on perpetual NIL
tgka iV~Vs dh vof/k dk mYys[k lease where no lease
ugha gS period is mentioned
iV~Vs ij yh xbZ Hkwfe tgk¡ iV~Vs iV~Vs dh vof/k ij Land acquired on lease Over lease period
dh vof/k dk mYys[k gS where lease period is
mentioned
Hkou Building
Ýh gksYM vkSj iV~Vs okyh Hkwfe 2-50% Constructed on free hold 2.50%
ij fufeZr] tgka iV~Vs dh vofèk land and on leased land,
where lease period is
40 o"kZ ls vfèkd gSA
above 40 years
iV~Vs okyh Hkwfe ij fufeZr iV~Vs dh vof/k ij Constructed on leased Over lease period
tgk¡ iV~Vs dh vof/k 40 o"kZ ls land where lease period is
de gS below 40 years.
ifjljksa ds vfrfjä py ifjlaifÙk;ka FIXED ASSETS EXCEPT PREMISES
Q+uhZpj vkSj fQDlplZ&LVhy 5.00% Furniture and fixtures- 5.00%
oLrq,a Steel articles
Q+uhZpj vkSj fQDlplZ&ydM+h 10.00% Furniture and fixtures- 10.00%
dh oLrq,a wooden articles
xís 20.00%
Mattresses 20.00%
Ekksckby Qksu midj.k 33.33%
Mobile Phone Instruments 33.33%
e'khujh] fctyh dh oLrq, avkSj 15.00%
Machinery, electrical and 15.00%
fofo/k oLrq,a
miscellaneous articles
eksVj&dkjsa ,oa lkbZdysa 15.00%
Motor cars and cycles 15.00%
daI;wVj] ,Vh,e vkSj lacafèkr 33.33% Computers, ATMs and 33.33%
oLrq,a ySi VkWi] vkbZiSM related items, laptop, i pad
vkfn etc:-
Servers, Network,
loZlZ] usVodZ] midj.k ,oa Equipment & Automated
Lopkfyr Vsyj e'khu ¼ daI;wVj Teller Machines (Including
software forming an
gkMZos;j dk ,d vfuok;Z Hkkx integral part of computer
lkW¶+Vos;j fuekZ.k ds lkFk½ hardware)
256
dk;kZy; dh #- 25000-00 ls de jkf'k dh vpy laifÙk;ksa Items of office fixed assets (excepts to staff) amount
¼deZpkfj;ksa dks NksM+dj½ vkSj@vFkok ftldh lkekU;r% vof/k less than Rs. 25000.00 and / or having useful life of less
vf/kxzg.k dh frfFk ls 12 eghuksa ls de gS] dks O;; ds :i esa ekuk than 12 months from the date of acquisition should be
recognized as expense.
tkuk pkfg,A
Cost of Application Software / Operating System /
#- 25000-00 rd ds ,Iyhds'ku lkW¶Vos;j@vkWijsfVax flLVe@ Data base amounting upto Rs. 25000.00 are charged
MsVk csl dh ykxr ij jktLo izHkkfjr fd;k tkrk gSA to revenue.
lh- cSad ds vius ifjlj ds vfrfjä ubZ vkfLr;ksa ij ewY;gzkl dh C. Depreciation on fresh additions to assets other than
nj mlh fnu ls iznku dh tkrh gS vkSj o"kZ ds nkSjku csph xbZ@ bank’s own premises is provided from the day in which
fuiVku dh xbZ vkfLr;ksa ds ekeys esa ftl rkjh[k rd bls cspk@ the assets are capitalized and in the case of assets sold/
fuiVku fd;k tkrk gS vFkkZr nSfud vk/kkj ij ewY;gzkl dh nj disposed off during the year, up to the date in which it
iznku dh tkrh gSA is sold/ disposed off i.e. daily basis.
Mh- o"kZ ds var esa ekStwn cSad ds vius LokfeRo dsa ifjljksa ij D. The depreciation on bank’s own premises existing
at the close of the year is charged for full year. The
ewY;âkl iwjs o"kZ ds fy;s izHkkfjr fd;k x;k gSA fuekZ.k ykxr ij
construction cost is depreciated only when the building
rHkh ewY;wâkl fd;k tkrk gS tc Hkou lHkh izdkj ls iwjk gks tkrk is complete in all respects. Where the cost of land
gSA tgka Hkwfe vkSj Hkou dh ykxr dk vyx ls irk ugha yxk;k and building cannot be separately ascertained,
tk ldrk gS] ogka ewY;gzkl Hkou ij ykxw nj ls lexz ykxr ij depreciation is provided on the composite cost, at the
dh tkrh gSA rate applicable to buildings.
bZ- iV~Vk/kkfjr ifjljksa ds laca/k esa] iV~Vk izhfe;e ;fn dksbZ gS] iV~Vs E. In respect of leasehold premises, the lease premium,
dh laiw.kZ vof/k ij ifj'kksf/kr gS vkSj iV~Vk fdjk;k lacaf/kr o"kks± if any, is amortized over the period of lease and the
lease rent is charged in the respective year(s).
esa izHkkfjr fd;k tkrk gS A
,Q- F. The Revalued assets is depreciated over the balance
iquewZY;u vkfLr;ksa ds ewY;gzkl dh nj iquewZY;kadu ds le;
useful life of the asset as assessed at the time of
ewY;kadu dh xbZ vkfLr;ksa dh 'ks"k mi;ksxh vk;q ds vk/kkj ij
revaluation.
fuf'Pkr dh tkrh gSA
7. vkfLr;ksa dh vilkekU;rk 7. IMPAIRMENT OF ASSETS:
vkfLr;ksa dh j[kj[kko ykxr dks vkarfjd@cká rF;ksa ds vk/kkj The carrying costs of assets are reviewed at each
Balance Sheet date if there is any indication of
ij dksbZ vilkekU;rk fn[kkbZ nsus ij izR;sd rqyui=k frfFk dks
impairment based on internal/external factors.
lehf{kr fd;k tkrk gS A
An impairment loss is recognized wherever the carrying
,d vilkekU; gkfu rHkh ekuh tkrh gS tgka ,d vkfLr dh j[kko cost of an asset exceeds its recoverable amount. The
ykxr bldh olwyh jkf'k ls T;knk gksrh gSA olwyh ;ksX; jkf'k recoverable amount is the greater of the assets net
vkfLr dh fuoy fcØh dher vkSj mi;ksfxrk ewY; ls T;knk gksrh selling price and value in use. In assessing value in
gSA mi;ksfxrk ewY; ds fu/kkZj.k esa] vuqekfur Hkkoh udnh izokg use, the estimated future cash flows are discounted to
dj iwoZ NwV nj esa iz;qä mlds orZeku ewY; dks ?kVk;k tkrk gS their present value using a pre-tax discount rate that
tks ml le; /ku ds orZeku cktkj ewY; vkSj vkfLr ds oxhZd`r reflects current market assessments of the time value
tksf[keksa dks n'kkZrk gSA of money and risks specific to the asset.
vilkekU;rk ds i'Pkkr] ;fn dksbZ gS] ewY;gzkl vkfLr dh After impairment, if any, depreciation is provided on
'ks"k mi;ksxh vof/k esa la'kksf/kr j[kko ykxr ij fd;k tkrk the revised carrying cost of the asset over its remaining
useful life.
gS A
A previously recognized impairment loss is increased or
iwoZ esa gqbZ vilkekU;rk gkfu ifjfLFkfr;ksa esa ifjorZu ds vk/kkj
reversed depending on changes in circumstances.
ij c<kbZ ;k fjolZ dh tkrh gS A
However, the carrying value after reversal is not
gkykafd] fjolZy ds i'Pkkr j[kko ewY; ml j[kko ewY; ls Åij
increased beyond the carrying value that would have
ugha c<+rk gS tks ;fn dksbZ vilkekU;rk ugha gqbZ gks rks lkekU; prevailed by charging usual depreciation if there was
ewY;gzkl izHkkfjr djds fo|eku gksxkA no impairment.
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8. deZpkjh ykHk 8. EMPLOYMENT BENEFITS:
Hkfo"; fuf/k PROVIDENT FUND:
Hkfo"; fuf/k ,d lqifjHkkf"kr va'knku ;kstuk gS D;ksafd cSad iwoZ Provident fund is a defined contribution scheme as
the Bank pays fixed contribution at pre-determined
fu/kkZfjr njksa ij fuf'Pkr va'knku dk Hkqxrku djrk gS A cSad dk rates. The obligation of the Bank is limited to such fixed
nkf;Ro ,sls fuf'Pkr va'knku rd lhfer gS A ;s va'knku ykHk o contribution. The contribution is charged to Profit &
gkfu [kkrs esa izHkkfjr fd, tkrs gSa A Loss A/c.
minku GRATUITY:
minku ns;rk ,d lqifjHkkf"kr ykHk nkf;Ro gS vkSj chekafdr Gratuity liability is a defined benefit obligation and is
ewY;kadu ds vk/kkj ij fn;k tkrk gSA ;g ;kstuk cSad }kjk foÙk provided for on the basis of an actuarial valuation. The
scheme is funded by the bank and is managed by a
iksf"kr gS vkSj ,d vyx VªLV }kjk pykbZ tkrh gS A separate trust.
isa'ku PENSION:
isa'ku ns;rk ,d lqifjHkkf"kr ykHk nkf;Ro gS vkSj chekafdd Pension liability is a defined benefit obligation and is
ewY;kadu ds vk/kkj ij nh tkrh gS A ;g ;kstuk cSad }kjk foÙk provided for on the basis of an actuarial valuation. The
scheme is funded by the bank and is managed by a
iksf"kr gS vkSj ,d vyx VªLV }kjk pykbZ tkrh gS A
separate trust.
The Bank operates a New Pension Scheme (NPS) for

cSad 01-04-2010 dks vkSj blds ckn cSad esa dk;Zxzg.k djus okys all officers/ employees joining the Bank on or after
lHkh vf/kdkfj;ksa@deZpkfj;ksa ds fy, ,d ubZ isa'ku ;kstuk 01.04.2010. As per the scheme, the covered employees
¼,uih,l½ pyk jgk gSA ;kstuk ds vuqlkj] doj fd, x, contribute 10% of their basic pay plus dearness
deZpkjh 11-11-2020 dks cSad ls vius ewy osru vkSj egaxkbZ allowance to the scheme together with contribution
HkÙks ds 10% ds lkFk&lkFk vius ewy osru vkSj egaxkbZ HkÙks ds of 14% of their basic pay plus dearness allowance
14% ds va'knku ds lkFk ;kstuk esa ;ksxnku djrs gSaA lEcfU/kr from the Bank w.e.f. 11.11.2020. Pending completion
of t h e registration procedures of the employees
deZpkjh dh iw.kZ iathdj.k izfØ;k iwjh gksus rd ;s va'knku j[ks
concerned, these contributions are retained. The
tkrs gSA cSad ,sls va'knku ls ml o"kZ esa O;; ekurk gS ftlls
Bank recognizes such annual contributions as an
;g lacaf/kr gSA LFkk;h fjVk;jesaV [kkrk la[;k ¼ihvkj,,u½ izkIr expense in the year to which they relate. Upon
gksus ij lesfdr ;ksxnku jkf'k dks ,uih,l VªLV esa varfjr dj the receipt of the Permanent Retirement Account
fn;k tkrk gSaA Number (PRAN), the consolidated contribution
amounts are transferred to the NPS Trust.
{kfriwfrZ vuqifLFkfr;ka COMPENSATED ABSENCES:
mifpr {kfriwfrZ vuqifLFkfr;ka tSls vftZr NqfV~V;k¡ ¼ih,y½ Accumulating compensated absences such as Privilege
vkSj chekjh dh NqfV~V;k¡ ¼viz;qä vkdfLed NqfV~V;ksa lfgr½ Leave (PL) and Sick Leave (including unavailed casual
chekafdd ewY;kadu vk/kkj ij nh tkrh gSaA vftZr NqV~Vh ¼ih,y½ leave) are provided for based on actuarial valuation.
dh ;kstuk cSad }kjk foÙk iksf"kr dh tkrh gS vkSj ,d vyx VªLV The scheme for Privilege Leave (PL) is funded by the
}kjk izcafèkr dh tkrh gSA Bank and is managed by a separate trust.
vU; deZpkjh ykHk% OTHER EMPLOYEE BENEFITS:
vU; deZpkjh ykHk tSls NqV~Vh fdjk;k fj;k;r ¼,y,Qlh½] Other Employee Benefits such as Leave Fare Concession
(LFC), Silver Jubilee Award, etc. are provided for based
flYoj tqcyh vokMZ bR;kfn chekafdd ewY;kadu ds vk/kkj ij
on actuarial valuation.
fn, tkrs gSa A
In respect of overseas branches and offices, the
tgka rd fons'k fLFkr 'kk[kkvksa vkSj dk;kZy;ksa dk laca/k gS benefits in respect of employees other than those on
izfrfu;qfä ij x, deZpkfj;ksa dks fn, x, ykHkksa ds vykok vU; deputation are valued and accounted for as per laws
lHkh ykHk mu ns'kksa esa ykxw dkuwuksa ds vuqlkj ewY;kafdr vkSj prevailing in the respective countries.
ys[kkafdr fd, x, gSaA
258
9. fons'kh eqæk ls lacaf/kr ysunsuksa dk ifjorZu vkSj 9. TRANSLATION OF FOREIGN CURRENCY
'ks"k TRANSACTIONS & BALANCES:
Transactions involving foreign exchange are accounted
fons'kh fofue; esa 'kkfey ysunsu ys[kkekud 11 **fons'kh fofue;
for in accordance with AS 11, “The Effect of Changes in
njksa esa ifjorZu dk izHkko** ds vuqlkj ys[kkafdr fd, tkrs gSa A Foreign Exchange Rates”.
9.1 iwoZorhZ yanu 'kk[kkvksa ds vfxzeksa dks NksM+dj] ftudk Hkkjr esa 9.1 Except advances of erstwhile London branches which
varj.k dh frfFk dks ykxw fofue; njksa ds vk/kkj ij ys[kkadu are accounted for at the exchange rate prevailing on
fd;k tkrk gS] Hkkjrh; fons'kh eqæk O;kikjh la?k ¼QsMkbZ½ ds the date of parking in India, all other monetary assets
ekxZfunsZ'ku ds vuqlkj rqyu i=k frfFk ij fofue; njksa ds and liabilities, guarantees, acceptances, endorsements
vk/kkj ij vU; lHkh ekSfæd vkfLr;ksa rFkk ns;rkvksa] xkjafV;ksa] and other obligations are translated in Indian Rupee
Lohd`fr;ksa] i`"Bkaduksa o vU; nkf;Roksa dks izkjafHkd :i ls dfYir equivalent at the exchange rates prevailing as on the
nj ij ntZ fd;k tkrk gS vkSj lerqY; Hkkjrh; #i;s esa ifjofrZr Balance Sheet date as per Foreign Exchange Dealers’
Association of India (FEDAI) guidelines.
fd;k tkrk gS A
9.2 vpy vkfLr;ksa ftls ijaijkxr nj ij j[kk tkrk gS] ls brj xSj 9.2 Non-monetary items other than fixed assets which are
ekSfæd enksa dks ysu&nsu dh frfFk dks izHkkoh fofue; njksa ij carried at historical cost are translated at exchange
ifjofrZr fd;k tkrk gS A rate prevailing on the date of transaction.
9.3 cdk;k ok;nk fofue; LikWV o ok;nk lafonkvksa dks Hkkjrh; 9.3 Outstanding Forward exchange spot and forward
fons'kh eqæk O;kikjh la?k }kjk rqyu i=k frfFk ij vf/klwfpr contracts are translated as on the Balance Sheet date
fofue; njksa ij ifjofrZr fd;k tkrk gS vkSj QyLo:i ewY;kadu at the rates notified by FEDAI and the resultant gain/
ij gq, ykHk@gkfu dks ykHk o gkfu [kkrs esa fn[kk;k tkrk gS A loss on translation is taken to Profit & Loss Account.
fons'kh fofue; LikWV@QkoZM djkj@MhYl ¼eps±V o baVj cSad½] Foreign exchange spot/forward contracts/
tks fd VªsfMax o ep±V gSt ds fy, ugha fd, x, gSa rFkk ;s rqyu deals (Merchant and Inter-bank) which are not
intended for trading/Merchant Hedge and are
i=k dh frfFk rd cdk;k gSa] fofue; ykHk ij iquewZY;kadu izHkko
outstanding on the Balance Sheet date, are reverse
dks gVkus ds fy, QsMkbZ ¼,QbZMh,vkbZ½ LikWV@QkoZM dh lekfIr re-valued at the closing FEDAI spot/forward rate in
ij fjolZ iquewZY;kafdr gksrs gSA bl rjg ds ok;nk fofue; order to remove revaluation effect on exchange
djkj ds vkjEHk ls mRiUUk izhfe;e vFkok NwV dks djkj dh profit. The premium or discount arising at the
le;kof/k esa C;kt O;; ;k vk; ds :i esa ifj'kksf/kr fd;k x;k inception of such a forward exchange contract is
gSA amortized as interest expense or income over the
life of the contract.
9.4 vk; rFkk O;; dh ensa ysu&nsu dh rkjh[k dks izpfyr fons'kh 9.4 Income and expenditure items are accounted for at the
fofue; nj ij ifjofrZr dh tkrh gSa A exchange rate prevailing on the date of transaction.
ekSfæd enksa ds fuiVku ij muls fHkUUk njksa ij mRiUUk Exchange differences arising on the settlement
of monetary items at rates different from those at
fofue; varj ftl ij os 'kq:vkr esa ntZ fd, x, Fks] ml vof/k
which they were initially recorded are recognized as
ds fy, ftues os mRiUUk gq, Fks vk; ;k O;; ds :i esa ekus tkrs income or as expense in the period in which they
gSaA arise.
eqæk ¶;wpj O;kikj esa [kqyh fLFkfr ds fofue; njksa esa ifjorZu ds Gains/Losses on account of changes in exchange
dkj.k [kkrs esa ykHk@gkfu nSfud vk/kkj ij fofue; lek'kks/ku rates of open position in currency futures trades are
x`gksa ds lkFk fuiVk, tkrs gSa vkSj ,sls ykHk@gkfu dks ykHk o gkfu settled with the exchange clearing house on daily
basis and such gains/losses are recognized in the
[kkrs esa fy;k tkrk gS A
Profit and Loss Account.
9.5 fons'kh dk;kZy;@virVh; cSafdax bdkb;ka % 9.5 Offices outside India / Offshore Banking Units:
(i) fons'kh 'kk[kk,a vkSj virVh; cSafdax ;wfuV ds ifjpkyuksa dks (i) Operations of foreign branches and off shore
**xSj lekdfyr fons'kh ifjpkyu** esa oxhZd`r fd;k x;k gS banking unit are classified as “Non-integral foreign
operations” and operations of representative
vkSj fons'k esa izfrfuf/k dk;kZy;ksa ds ifjpkyuksa dks **lekdfyr
offices abroad are classified as “integral foreign
fons'kh ifjpkyuksa** ds :i esa oxhZd`r fd;k x;k gS A operations”.
259
(ii) lekdfyr fons'k ifjpkyuksa ds fons'kh eqæk ysunsuksa dks (ii) Foreign currency transactions of integral foreign
vkSj xSj lekdfyr fons'kh ifjpkyuksa dks ys[kkadu ekud operations and non-integral foreign operations
,l& 11 esa fn, x, fu/kkZj.k ds vuqlkj fd;k x;k gS A are accounted for as prescribed by AS-11.
(iii) xSj lekdfyr ifjpkyuksa ds ykHk@gkfu dks fofue; (iii) Exchange Fluctuation resulting into Profit / loss
of non-integral operations is credited /debited to
mrkj&p<+ko izkjf{kr fuf/k esa tek@ukes fd;k tkrk gS A Exchange Fluctuation Reserve.
10. vk; ij dj 10. TAXES ON INCOME
vk;dj O;; U;wure oSdfYid dj ¼,e,Vh½ lfgr orZeku dj] Income tax expense is the aggregate amount
tgka ykxw gks rFkk vkfLFkfxr dj O;; dh dqy jkf'k gksrk gSA vk;dj of current tax including Minimum Alternate Tax
(MAT), wherever applicable and deferred tax
vfèkfu;e]1961 rFkk ys[kkadu ekud 22 ds izko/kkuksa
expense incurred by the Bank. The current tax and
ds vuqlkj gh orZeku dj O;; rFkk vkLFkfxr dj O;; dh x.kuk
deferred tax are determined in accordance with
gksrh gSA fons'k esa fLFkr dk;kZy;ksa esa Hkqxrku fd, x, djksa dks the provisions of the Income Tax Act, 1961 and as
'kkfey djus ds ckn vk; ij dj ds fy, ys[kkadu fd;k tkrk per Accounting Standard 22 - Accounting for Taxes on
gS tks fd lEcfU/kr {ks=kkfèkdkj ds dj fu;eksa ij vk/kkfjr gksrs Income respectively after taking into account taxes
gSaA paid at the foreign offices, which are based on the
tax laws of respective jurisdictions.
,e,Vh ØsfMV dks ,d ifjlaifÙk ds :i esa rHkh ekU;rk nh tkrh MAT credit is recognized as an asset only when and to
gS tc foLrkj ds fy, bl ckr ds Bksl izek.k gksa fd vk;dj the extend there is convincing evidence that there will
vfèkfu;e] 1961 ds rgr fufnZ"V vof/k ds nkSjku lkekU; be payment of normal income tax during the period
vk;dj dk Hkqxrku fd;k tk,xkA specified under the income Tax Act, 1961,
vkLFkfxr dj lek;kstu esa o"kZ ds nkSjku vkLFkfxr dj vkfLr Deferred Tax adjustments comprises of changes in
the deferred tax assets or liabilities during the year.
;k ns;rkvksa esa gqvk ifjorZu 'kkfey gSA vkLFkfxr dj vkfLr Deferred tax assets and liabilities are recognized
o ns;rk] orZeku o"kZ ds fy, ys[kkadu vk; vkSj dj ;ksX; vk; by considering the impact of timing differences
ds chp ds le; varjky ds izHkko dks /;ku esa j[krs gq, r; dh between taxable income and accounting income
tkrh gSA vkLFkfxr dj vkfLr o ns;rk dh x.kuk dj dh nj rFkk for the current year, and carry forward losses.
Deferred tax assets and liabilities are measured
dj fu;eksa dk iz;ksx] tks fd rqyu i=k frfFk esa vf/kfu;fer ;k using tax rates and tax laws that have been
okLrfod vf/kfu;fer fd;k x;k gks] fd;k tkrk gSA vkLFkfxr enacted or substantively enacted at the balance
dj vkfLr o ns;rk esa ifjorZu dk izHkko ykHk o gkfu [kkrksa esa sheet date. The impact of changes in deferred tax
fn[kkbZ nsrk gSA vkLFkfxr dj vkfLr dks igpkuk tkrk gS rFkk assets and liabilities is recognized in the profit and
loss account. Deferred tax assets are recognized
izR;sd fjiksfV±x frfFk ij iqu% vkdfyr fd;k tkrk gS] tks izcU/ku and re-assessed at each reporting date, based
ds fu.kZ; ij vk/kkfjr gksrh gS fd D;k mudh olwyh ;Fkksfpr@ upon management’s judgment as to whether their
opqZvyh fuf'Pkr ekuh xbZ gSaA realization is considered as reasonably/virtually
certain.
11. izfr 'ks;j vk; 11. Earnings per Share:
cSad dh izfr 'ks;j vk/kkjHkwr vkSj gzkflr vk; dh vkbZlh,vkbZ The Bank reports basic and diluted earnings per share
}kjk tkjh ,,l 20 îzfr 'ks;j vk;* ds vuqlkj gksrh gSA in accordance with AS 20 -‘Earnings per Share’ issued
by the ICAI. Basic Earnings per Share are computed by
csfld vk; izfr 'ks;j dh x.kuk o"kZ ds fy, fo'ks"kdj bZfDoVh dividing the Net Profit after Tax for the year attributable
'ks;jèkkjdksa dks dj ds ckn 'kq) ykHk dks o"kZ ds cdk;k bZfDoVh to equity shareholders by the weighted average
'ks;j dh Hkkfjr la[;k ls Hkkx djds izkIr dh tkrh gSA number of equity shares outstanding for the year.
izfr 'ks;j gzkflr vk; laHkkfor detksj {kerk dks n'kkZrk gS tks Diluted Earnings per Share reflect the potential dilution
rc gks ldrk gS tc o"kZ ds nkSjku bfDoVh 'ks;j tkjh djus ds that could occur if securities or other contracts to issue
fy, izfrHkwfr;ksa ;k vU; vuqca/kksa dk iz;ksx fd;k x;k ;k ifjofrZr equity shares were exercised or converted during the
fd;k x;k gksA izfr 'ks;j gzkflr vk; dh x.kuk bfDoVh 'ks;jksa dh year. Diluted Earnings per Share are computed using
Hkkfjr vkSlr la[;k vkSj o"kZ esa cdk;k laHkkfor bfDoVh 'ks;jksa dk the weighted average number of equity shares and
dilutive potential equity shares outstanding at year.
mi;ksx djds dh tkrh gSA
260
12. izko/kku] vkdfLed ns;rk;sa rFkk vkdfLed vkfLr;k¡ 12. Provisions, Contingent Liabilities and Contingent
Assets:
Hkkjrh; lunh ys[kkdkj laLFkku }kjk tkjh ,,l&29 ^îzko/kku In conformity with AS 29, “Provisions, Contingent
Liabilities and Contingent Assets”, issued by the
vkdfLed ns;rk;sa rFkk vkdfLed vkfLr;k¡** ds vuqikyu esa]
Institute of Chartered Accountants of India, the
cSad izko/kku dks dsoy rHkh ekU;rk nsrk gS tc iwoZ ?kVuk ds Bank recognises provisions only when it has a
ifj.kkeLo#i orZeku nkf;Ro gks rFkk ftlds ifj.kker% /kuksa dk present obligation as a result of a past event,
lEHkkfor cfgxZeu gks] nkf;Ro dks fuiVkus ds fy, vkfFkZd ykHk and would result in a probable outflow of resources
vko';d gks rFkk tc nkf;Ro dh fo'oluh; jkf'k vuqekfur dh embodying economic benefits will be required to
settle the obligation, and when a reliable estimate
tk ldrh gksA
of the amount of the obligation can be made.
,d vkdfLed ns;rk iSls ds lanHkZ esa ,d laHkkfor ns;rk gS] A Contingent Liability is a potential liability, in terms of
tks vfuf'Pkr fof'k"V ?kVuk ds ifj.kke ds vk/kkj ij mRiUUk gks money, which may arise depending on the outcome of
ldrh gSA ,d laHkkfor nkf;Ro tks Hkfo"; dh ?kVuk ds izdV an uncertain specific event. A possible obligation which
may or may not arise depending on how a future event
gksus ds vk/kkj ij mRiUUk gks Hkh ldrk gS vkSj ugha Hkh gks ldrk
unfolds has been recognized as Contingent Liability.
gS] mls vkdfLed nkf;Ro ds :i esa ekU;rk nh xbZ gSA
Further, the cases which although have been filed
blds vykok] tks ekeys cSad ds f[kykQ ntZ fd, x, gSa] ysfdu against the bank, but possibility of any obligation
oSls ekeys esa cSad ij fdlh Hkh nkf;Ro ds mRiUUk gksus dh laHkkouk arising upon the bank is those case is remote, have not
de@vYi gS] mUgsa vkdfLed ns;rk esa 'kkfey ugha fd;k x;k gSA been construed and included in Contingent Liability.
Contingent Assets are not recognised in the financial
forh; fooj.kh esa vkdfLed vkfLr;ksa dks ugha fy;k tkrk gSA
statements.
13. cqfy;u VªkatsD'ku% 13. Bullion Transactions:
cSad cqfy;u dk vk;kr djrk gS ftlesa xzkgdksa dks izs"k.k The Bank imports bullion including precious
vkèkkj ij cspus ds fy, cgqewY; esVy ckj 'kkfey gSA vk;kr metal bars on a consignment basis for selling to its
fo'ks"kr% cSd & Vw &cSd vk/kkj ij gksrk gS rFkk xzkgd dks mldk customers. The imports are typically on a back-to-
ewY; lIyk;j }kjk vafdr ewY; ij nsuk gksrk gSA bu cqfy;u back basis and are priced to the customer based on
VªkatsD'kuksa esa cSad 'kqYd vftZr djrk gS A 'kqYd dks deh'ku vk; price quoted by the supplier. The Bank earns a fee
ds varxZr oxhZd`r fd;k tkrk gSA cSad Lo.kZ dks tek o ml ij on such bullion transactions. The fee is classified
under commission income. The Bank also accepts
_.k nsrk gS ftls iznÙk@izkIr C;kt ds lkFk C;kt vk;@vk; ds
deposits and lends gold, which is treated as deposits/
:i esa oxhZd`r ekeys ds vk/kkj ij tekjkf'k@vfxze dh rjg advances as the case may be with the interest paid
ekuk tkrk gS A / received classified as interest expense/income.
14. [kaMokj fjiksfV±x% 14. Segment Reporting:
cSad] vkjchvkbZ fn'kkfunsZ'kksa ds vuqlkj rFkk vkbZlh,vkbZ }kjk The Bank recognizes the Business segment as the
Primary reporting segment and Geographical segment
tkjh ,dkmafVax LVSaMMZ 17 dh vuqikyuk esa fctusl [kaM dh
as the Secondary reporting segment, in accordance
igpku izkFkfed fjiksfV±x [kaM rFkk HkkSxksfyd [kaM dks f}rh;
with the RBI guidelines and in compliance with the
fjiksfV±x [kaM ds #i esa djrk gS A Accounting Standard 17 issued by ICAI.
15. fnukad 7 vizSy] 2016 ds vkjchvkbZ ifji=k la- ,QvkbZMhMh- 15. The Bank, in accordance with RBI Circular FIDD.
lhvks-Iyku-chlh-23@04-09-01@2015&16 ds vuqlkj cSad] CO.Plan.BC.23/ 04.09.01/ 2015-16 dated April 7, 2016,
ih,l,ylh dk foØ; ;k Ø; dj izkFkfedrk {ks=k ds iksVZQksfy;ks trades in Priority Sector portfolio by selling or buying
esa O;kikj djrk gSA bu ysunsu esa tksf[keksa ;k _.k vkfLr;ksa dk PSLC. There is no transfer of risks or loan assets in these
dksbZ varj.k ugha gSA ih,l,ylh dh [kjhn ds fy, Hkqxrku fd;k transactions. The fee paid for purchase of the PSLC is
x;k 'kqYd Ô;;* ds :i esa ekuk tkrk gS vkSj ih,l,ylh dh treated as an ‘Expense’ and the Fee received from sale
fcØh ls izkIr 'kqYd dks ^vU; vk;* ds :i esa ekuk tkrk gSA of PSLCs is treated as ‘Other Income’.
16 udnh vkSj udnh lerqY; 16 CASH & CASH EQUIVALENTS
Cash and cash equivalents include Cash and Balances
udnh vkSj udnh lerqY; esa vkjchvkbZ ds ikl udnh vkSj tek
with RBI, Balances with Banks and money at call and
'ks"k] cSadksa esa tek 'ks"k vkSj ekax vkSj vYi lwpuk ij ns; jkf'k
short notice.
'kkfey gSA
261
vuqlwph 18 % ys[kksa ls lacaf/kr fVIif.k;ka ¼,dy½ & SCHEDULE 18: NOTES TO ACCOUNTS (STANDALONE) –
31.03.2022
31-03-2022
1. Regulatory Capital
1- fofu;ked iwath
1- ,½ fofu;ked iwath dh lajpuk ¼jkf'k ` djksM+ esa½ 1. a) Composition of Regulatory Capital (Amount in ` Crore)
Ø-la- fooj.k pkyw o"kZ xr o"kZ Sr. No. Particulars Current Year Previous Year
i) Common Equity Tier 1 capital 63430.05 64351.35
i) lkekU; bfDoVh fV;j 1 iwath 63430.05 64351.35
(CET 1) (net of deductions, if
¼lhbZVh 1½ ¼dVkSrh dks ?kVkdj] any)
;fn dksbZ gks½ ii) Additional Tier 1 capital 7027.87 5362.01
ii) vfrfjä fV;j 1 iwath 7027.87 5362.01 iii) Tier 1 capital (i + ii) 70457.92 69713.36
iii) fV;j 1 iwath ¼i $ ii½ 70457.92 69713.36 iv) Tier 2 capital 16652.74 17144.55
iv) fV;j 2 iwath 16652.74 17144.55 v) Total capital (Tier 1+Tier 2) 87110.66 86857.91
vi) Total Risk Weighted Assets 600821.23 606584.91
v) dqy iwath ¼fV;j 1 $ fV;j 2½ 87110.66 86857.91
(RWAs)
vi) dqy tksf[ke Hkkfjr vfLr;ka 600821.23 606584.91 vii) CET 1 Ratio (CET 1 as a 10.56% 10.61%
¼vkjMCY;w,½ percentage of RWAs)
vii) lhbZVh 1 vuqikr ¼vkjMCY;w, ds 10.56% 10.61% viii) Tier 1 Ratio (Tier 1 capital as 11.73% 11.49%
a percentage of RWAs)
izfr'kr ds :i esa lhbZVh 1½
ix) Tier 2 Ratio (Tier 2 capital as 2.77% 2.83%
viii) fV;j 1 vuqikr ¼vkjMCY;w, ds 11.73% 11.49% a percentage of RWAs)
izfr'kr ds :i esa fV;j 1 iwath½ x) Capital to Risk Weighted 14.50% 14.32%
ix) fV;j 2 vuqikr ¼vkjMCY;w, ds 2.77% 2.83% Assets Ratio (CRAR) (Total
Capital as a percentage of
izfr'kr ds :i esa fV;j 2 iwath½ RWAs)
x) iwath vkSj tksf[ke Hkkfjr vkfLr;ksa dk 14.50% 14.32% xi) Leverage Ratio 4.27% 4.37%
vuqikr ¼lhvkj,vkj½ ¼vkjMCY;w, xii) Percentage of the 73.15% 76.87%
ds izfr'kr ds :i esa dqy iwath½ shareholding of Government
of India
xi) yhojst vuqikr 4.27% 4.37%
xiii) Amount of paid-up equity 1793.05* 4322.65**
xii) Hkkjr ljdkj dh 'ks;j/kkfjrk dk 73.15% 76.87% capital raised during the Year
izfr'kr xiv) Amount of non-equity Tier 3971.00 495.00
xiii) o"kZ ds nkSjku tqVkbZ xbZ pqdrk 1793.05* 4322.65** 1 capital raised during the
Year, of which:
bfDoVh iwath dh jkf'k
a) Basel III compliant NIL NIL
xiv) o"kZ ds nkSjku tqVkbZ xbZ xSj& 3971.00 495.00
Perpetual Non-
bfDoVh fV;j 1 iwath dh jkf'k] Cumulative Preference
ftlesa% Shares,
b) Basel III compliant, 3971.00 495.00
,½ cklsy III vuq:i cseh;knh 'kwU; 'kwU;
Perpetual Debt
vlap;h vf/kekuh 'ks;j] Instruments
ch½ cklsy III vuq:i] LFkkbZ _.k 3971.00 495.00 xv) Amount of Tier 2 capital 1919.00 3994.00
fy[kr raised during the Year, of
which
xv) o"kZ ds nkSjku tqVkbZ xbZ fV;j 2 1919.00 3994.00
a) Basel III compliant NIL NIL
iwath dh jkf'k] ftles Perpetual Non-
,½ cklsy III vuq:i cseh;knh 'kwU; 'kwU; Cumulative Preference
Shares,
vlap;h vf/kekuh 'ks;j]
b) Basel III compliant, 1919.00 3994.00
ch½ cklsy III vuq:i] LFkkbZ _.k 1919.00 3994.00
Perpetual Debt
fy[kr Instruments
*D;wvkbZih ds ek/;e ls * Through QIP
262
o"kZ ds nkSjku cSad us Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼iwath vkSj izdVhdj.k During the year Bank has issued 53,33,33,333 equity shares having
vko';drk,¡ tkjh djuk½ fofu;e] 2018] ds izko/kkuksa ds vuqlkj] ebZ 2021 esa Face Value of Rs.2 each for cash to Qualified Eligible Buyers pursuant
v£gr laLFkkxr LFkkuu ¼D;wvkbZih½ ds vuqlkj ;ksX; ik=k [kjhnkjksa dks udn ds to Qualified Institutional Placement (QIP), in May 2021, in accordance
fy,] ;Fkk la'kksf/kr] ` 31-75 izfr 'ks;j ds izhfe;e ij dqy ` 1]800-00 djksM+ ds with the provisions of Securities & Exchange Board of India (Issue of
izfr ` 2 ds vafdr ewY; okys 53]33]33]333 bfDoVh 'ks;j tkjh fd, gSaA blds Capital and Disclosure Requirements) Regulations, 2018, as amended,
at a premium of ` 31.75 per share aggregating ` 1,800.00 Crore. This
ifj.kkeLo:i tkjh vkSj pqdrk bfDoVh 'ks;j iwath esa ` 106-67 djksM+ vkSj
has resulted in an increase of Rs.106.67 Crore in the issued and paid up
'ks;j izhfe;e [kkrs esa ` 1]686-38 djksM+ ¼fuxZe O;; dk fuoy½ dh o`f) gqbZ gSA
Equity Share Capital and ` 1,686.38 Crore (Net of share Issue Expenses)
¼**` 534-61 djksM+% rRdkyhu vksfj,aVy cSad vkWQ dkWelZ vkSj rRdkyhu in Share Premium Account.
;wukbVsM cSad vkWQ bafM;k ds 'ks;j/kkjdksa dks rRdkyhu cSadksa esa muds }kjk (** ` 534.61 Crore: By way of 2673063327 Equity shares of ` 2.00 each
j[ks x, 'ks;jksa ds cnys esa tkjh fd, x, izfr ` 2-00 ds 2673063327 bfDoVh issued to shareholders of erstwhile Oriental Bank of Commerce and
'ks;j ds ek/;e lsA erstwhile United Bank of India in lieu shares held by them in erstwhile
` 3788-04 djksM+% D;wvkbZih ds ek/;e ls% foÙk o"kZ 2020&21 ds nkSjku cSad banks.
us lsch fofu;e] 2018 ¼iwath vkSj izdVhdj.k vko';drk,¡ tkjh djuk½ ds ` 3788.04 Crore: By way of QIP: During the FY 2020-21 the Bank issued
izko/kkuksa ds vuqlkj v£gr laLFkkxr LFkkuu ¼D;wvkbZih½ ds vuqlkj ;ksX; ik=k 1,06,70,52,910 equity shares having Face Value of ` 2 each for cash to
[kjhnkjksa dks udn ds fy, ` 33-50 izfr 'ks;j ds izhfe;e ij ` 3]788-04 djksM+ Qualified Eligible Buyers pursuant to Qualified Institutional Placement
ds izfr ` 2 ds vafdr ewY; okys 1]06]70]52]910 bfDoVh 'ks;j tkjh fd, gSaA (QIP) in accordance with the provisions of SEBI (Issue of Capital and
Disclosure Requirements) Regulations, 2018 at a premium of ` 33.50
blds ifj.kkeLo:i tkjh vkSj pqdrk bfDoVh 'ks;j iwath esa ` 213-41 djksM+
per share aggregating ` 3,788.04 Crore. This resulted in an increase
vkSj 'ks;j izhfe;e [kkrs esa ` 3]563-91 djksM+ ¼fuxZe O;; dk fuoy½ dh o`f)
of ` 213.41 Crore in the issued and paid up Equity Share Capital and
gqbZ gS½A
` 3,563.91 Crore (Net of Issue Expenses) in Share Premium Account).
uksV% lhbZVh 1 iwath esa ` 9268-29 djksM+ lekesyu fuf/k;ka 'kkfey gSA Note: CET I Capital includes Amalgamation Reserve ` 9268.29 Crore.
vkjchvkbZ us ifji=k la[;k Mhchvkj-la-chih-chlh-83@21-06-201@2015&16 RBI vide circular no. DBR.No.BP.BC.83/21.06.201/2015-16
fnukad 1 ekpZ] 2016 ds ek/;e ls lhbZVh&1 iwath vuqikr ds :i esa iwath dated 1st March, 2016 has given discretion to banks to consider
Revaluation Reserve, Foreign Currency Translation Reserve
i;kZIrrk vuqikr dh x.kuk ds mís'; ls cSadksa dks iquewZY;kadu fjtoZ]
and Deferred Tax Asset for purpose of computation of Capital
fons'kh eqæk Vªkalys'ku fjtoZ vkSj vkLFkfxr dj vkfLr ij fopkj djus dk Adequacy as CET-1 capital ratio. The Bank has exercised the
foosdkfèkdkj fn;k gSA cSad us mijksä x.kuk esa fodYi dk iz;ksx fd;k gSA option in the above computation.
1- ch½ izkjf{kr fuf/k;ksa ls jkf'k fudkyuk ¼jkf'k ` djksM+ esa½ 1. b) Draw down from Reserves (Amount in ` Crore)
Ø- izkjf{kr vkgfjr iz;kstu Sr. Reserves Amount Purpose

la- fuf/k jkf'k No. drawn
1. Other 1028.95 Dispensation on Fraud reported
1- vU; vkjf{kr 1028-95 /kks[kk/kM+h fjiksVZ fd, x, [kkrksa ij
Reserves (1013.10) accounts
fuf/k;ka ¼1013-10½ fj;k;r
2. Other 7.21 Reinstatement of Revaluation
2- vU; vkjf{kr 7-21 iquewZY;kafdr ifjljksa ds Reserves (185.58) reserve of revalued premises.
fuf/k;ka ¼185-58½ iquewZY;kafdr vkjf{kr fuf/k dk
iqu%LFkkiuA
3. Revaluation 151.89 Revaluation surplus of Assets
3- iquewZY;kadu 151-89 vkfLr;ksa ds iquewZY;kadu vf/k'ks"k reserves (127.57) disposed off and Depreciation
fuf/k;ka ¼127-57½ dks fuiVk;k x;k vkSj iquewZY;kafdr on revalued portion transferred
fgLls ij ewY;gzkl dks vU; vkjf{kr to Other Reserve
fuf/k esa varfjr fd;k x;k
4. Share 0.00 Appropriation of accumulated
4- 'ks;j izhfe;e 0-00 'ks;j izhfe;e ls lafpr gkfu dk Premium (28707.92) loss from share premium.
¼28707-92½ fofu;ksxA
263
2- vkfLr ns;rk izca/ku 2. Asset liability management
2- ,½ vkfLr;ksa vkSj ns;rkvksa dh dqN enksa ds ifjiDork 2. a) Maturity Pattern of certain items of assets and
Lo#i liabilities
¼jkf'k ` djksM+ esa½ (Amount in ` Crore)
fuos'k fons'kh eqæk fons'kh eqæk

tek
ifjiDork Lo#i@ vfxze@ ¼ldy½@ m/kkj@ vkfLr;ka@ ns;rk,a@
Maturity Pattern
jkf'k;k¡@ Advances Borrowings
Investments Foreign Foreign Currency
Deposits
(Gross) Currency assets liabilities
1 fnu 14555.40 2209.26 0.00 5622.46 8886.62 1508.48

Day 1
(20520.49) (16128.39) (1910.00) (1036.63) (9793.24) (2176.36)
2 ls 7 fnu 25946.99 17764.11 943.37 0.31 2733.67 2024.12

2 to 7 days
(35708.26) (12068.99) (0.00) (2047.99) (3325.82) (2105.48)
8 ls 14 fnu 11054.33 7989.58 289.68 192.94 2712.47 1302.17

8 to 14 days
(23269.92) (3591.04) (67.95) (442.51) (1691.08) (578.86)
15 ls 30 fnu 15387.37 25184.83 793.53 29.41 4013.43 790.03

15 to 30 Days
(46738.14) (13522.03) (111.08) (1754.65) (4357.79) (2020.57)
31 fnu ls 2 ekg 31 days to 2 35843.86 33294.94 937.28 1506.98 12715.05 11840.79

months (94230.66) (17271.10) (1889.28) (2175.02) (8910.76) (10083.31)
2 ekg ls vf/kd Over 2 months and 32754.19 48216.30 962.71 195.95 1752.82 4709.84
vkSj 3 ekg rd to 3 months (54349.73) (35792.87) (3338.13) (1707.95) (5030.01) (6035.05)
vkSj 6 ekg rd up to 6 Months (39107.03) (31552.78) (31289.04) (798.86) (11501.24) (3484.00)
vkSj 1 o"kZ rd up to 1 year (21725.45) (40628.93) (13932.06) (4093.95) (9851.78) (14425.41)
1 o"kZ ls vf/kd Over 1 year and up 145582.01 122876.22 29161.45 13422.28 15991.13 12284.83
vkSj 3 o"kZ rd to 3 years (149933.49) (156657.00) (32733.51) (6761.45) (13511.39) (5397.55)
3 ls vf/kd vkSj 5 Over 3 years and 384455.83 276319.46 51322.61 5325.06 15908.45 6717.89
o"kZ rd up to 5 years (295530.93) (223015.17) (34349.96) (8303.00) (7989.34) (2626.00)
5 o"kZ ls vf/kd 348029.96 117710.39 274695.83 16243.07 2165.00 2757.34

Over 5 years
(325218.37) (124001.78) (280553.69) (13718.30) (2011.47) (2381.15)
1146218.45 728185.68 379393.06 45681.41 84442.69 48605.86

dqy Total
(1106332.47) (674230.08) (400174.70) (42840.31) (77973.92) (51313.74)
264
2- ch½ pyfuf/k dojst vuqikr ¼,ylhvkj½ 2. b) Liquidity coverage ratio (LCR)
pyfuf/k dojst vuqikr ij xq.kkRed izdVhdj.k QUALITATIVE DISCLOSURE ON LIQUIDITY COVERAGE RATIO
cSad us 1 tuojh] 2015 ls pyfuf/k dojst vuqikr ij vkjchvkbZ ds The Bank has implemented RBI guidelines on Liquidity Coverage
fn'kkfunsZ'kksa dk fØ;kUo;u fd;k gSA Ratio (LCR) from 1st January 2015.
,ylhvkj ekud dk mís'; ;g lqfuf'Pkr djuk gS fd cSad ds ikl The LCR standard aims to ensure that a bank maintains an
i;kZIr ek=kk esa Hkkj jfgr mPp xq.koÙkk iw.kZ pyfuf/k vkfLr;ka jgsa ftlls adequate level of unencumbered High Quality Liquid Assets
(HQLAs) that can be readily converted into cash at little/no loss
fd pyfuf/k nckoxzLr ifjn`'; ds varxZr 30 fnuksa ds fy, pyfuf/k
of value to meet its liquidity needs for a 30 calendar day time
vko';drk dks iw.kZ djus ds fy, de gkfu ij@fcuk fdlh gkfu ds
horizon under a liquidity stress scenario.
igqpkars gq, vklkuh ls udnh esa ifjo£rr fd;k tk ldsA
LCR has two components:
,ylhvkj ds nks ?kVd gS%
i. The value of the stock of High Quality Liquid Assets (HQLA)–
i. mPp xq.koÙkk iw.kZ pyfuf/k vkfLr;ksa ds LVkWd dk ewY; ¼,pD;w,y,½
The Numerator.
& n U;wejsVjA
ii. dqy 'kq) udnh izokg% 30 fnuksa ds fy, nckoxzLr ifjn`'; esa dqy ii. Total Net Cash Outflows: Total expected cash outflows
vuqekfur udnh dk cfgxZeu ?kVko dqy vuqekfur udnh dk minus Total expected cash inflows, in stress scenario, for
the subsequent 30 calendar days - The denominator.
vkxeu ¼bu¶yks½ & n fMuksfeusVj
Definition of LCR:
,ylhvkj dh ifjHkk"kk %
mPp xq.korkiw.kZ pyfuf/k vkfLr;ksa dk Stock of high quality liquid assets (HQLAs)
LVkWd ¼,pD;w,y,,l½ ≥ 100% ≥ 100%
¼01-04-2021 ls Total net cash outflows over the (w.e.f 01.04.2021)
vxys 30 fnuksa ds i'Pkkr~ dqy next 30 calendar days
izHkkoh½
'kq) udnh cfgxZeu
The LCR requirement has become binding on the banks with
uhps fn, x, U;wure vko';d Lrj dh le; lhek ds lkFk cSad ij the following minimum required level as per the time-line given
,ylhvkj dh vko';drk ,d ck/;rk cu xbZ gS% below:
1 tuojh] 1 tuojh] 1 tuojh] 1 tuojh] 1 tuojh] Jan 1, Jan 1, Jan 1, Jan 1, Jan 1,
2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
U;wure Minimum LCR 60% 70% 80% 90% 100%
60% 70% 80% 90% 100%
,ylhvkj
For Q4 FY’2021-22, the daily average LCR was 183.92% (based
foÙkh; o"kZ 2021&22 dh prqFkZ frekgh ds fy,] 100% fofu;ked on simple average of daily observations) at consolidated level,
vis{kkvksa ds lesfdr Lrj ij nSfud vkSlr ,ylhvkj 183-92% ¼nSfud as against the regulatory requirement of 100%.
voyksduksa ds lk/kkj.k vkSlr ij vk/kkfjr ½ jgkA
cSad ds ,ylhvkj dk eq[; ?kVd] i;kZIr mPp xq.koÙkk iw.kZ pyfuf/k The main drivers of LCR of the bank are High Quality Liquid
vkfLr;ka gSa ¼,pD;wl,y,½ ftlls gj le; cSad dh pyfuf/k Assets (HQLAs) to meet liquidity needs of the bank at all times
and basic funding from retail and small business customers. The
vko';drkvksa dks iwjk fd;k tk lds rFkk [kqnjk ,oa NksVs dkjksckjh
retail and small business customers contribute about 70.91%
xzkgdksa dks cqfu;knh foÙkiks"k.k fd;k tk ldsA cSad ds dqy tek lafoHkkx
of total deposit portfolio of the bank which attracts low run-off
dk yxHkx 70-91% [kqnjk vkSj NksVs dkjksckjh xzkgd ;ksxnku djrs gSa
factor of 5/10% as on 31.03.2022.
tks 31-03-2022 dks 5@10% dk yks ju vkWQ QSDVj vkd£"kr djrk gSA
Composition of High Quality Liquid Assets (HQLA)
mPp xq.koÙkk iw.kZ py vkfLr dh lajpuk ¼,pD;w,y,½
HQLAs comprises of Level 1 and Level 2 assets. Level 2 assets
,pD;w,y, esa Lrj 1 o Lrj 2 vkfLr;ka lekfo"V gSaA Lrj 2 vkfLr;ksa are further divided into Level 2A and Level 2B assets, keeping in
dks mudh cktkj {kerk vkSj dher vfLFkjrk dks /;ku esa j[krs gq, Lrj view their marketability and price volatility.
2, ,oa Lrj 2 ch esa foHkkftr fd;k x;k gSA
Level-1assets are those assets which are highly liquid. For quarter
Lrj 1 & vkfLr;ka os vkfLr;ka gSa tks mPpizokgh gSaA 31 ekpZ] 2022 ended March 31, 2022, the Level-1 asset of the bank includes
dks lekIr frekgh ds fy, Lrj 1 vkfLr;ksa esa gkFk esa udnh] vf/kd Cash in Hand, Excess CRR, Government Securities in excess of
lhvkjvkj dk] U;wure ,l,yvkj ls vf/kd ljdkjh izfrHkwfr;k¡] fons'kh minimum SLR, Marketable securities issued or guaranteed by
265
lkWojsu }kjk tkjh ;k xkjaVh iznÙk foi.ku ;ksX; izfrHkwfr;k¡ ,e,l,Q o foreign sovereign, MSF and FALLCR totalling to Rs. 292135.40 cr
,Q,,y,ylhvkj ftudk ewY; ` 292135-40 djksM+ ¼nSfud voyksduksa (based on simple average of daily observations).
ds lk/kkj.k vkSlr ij vk/kkfjr½ gSA Level-2A & 2B assets are those assets which are less liquid
Lrj 2, o 2ch os vkfLr;ka gSa tks U;w~u izokgh gSa vkSj ftudh Hkkj jkf'k and their weighted amount comes to Rs. 8182.86 cr (based
` 8182-86 djksM+ ¼nSfud voyksduksa ds lk/kkj.k vkSlr ij vk/kkfjr½ on simple average of daily observations). Break-up of daily
gS 31 ekpZ] 2022 dks lekIr frekgh ds nkSjku nSfud voyksdu vkSlr observation Average HQLA during quarter ended March 31,
2022 is given hereunder:
,pD;w,y, dk vyx& vyx fooj.k fuEukuqlkj fn;k x;k gS%
Average % age
mPp xq.koÙkkiw.kZ pyfuf/k vkfLr;k¡ ,pD;w,y, esa High Quality Liquid Assets (HQLAs)
contribution to HQLA
¼,pD;w,y,½ vkSlru ;ksxnku %
Level 1 Assets
Lrj 1 vkfLr;ka
1.07% Cash in hand 1.07%
gkFk esa uxnh
0.58% Excess CRR balance 0.58%
vfrfjä lhvkjvkj 'ks"k
vko';d U;wure ,l,yvkj ds vfrfjä 34.27% Government Securities in excess of 34.27%
minimum SLR requirement
ljdkjh izfrHkwfr;k¡
vfuok;Z ,l,yvkj vko';drkvksa ds Hkhrj 10.12% Government securities within the 10.12%
ljdkjh izfrHkwfr;k¡ ,e,l,Q ds varxZr mandatory SLR requirement, to the extent
vkjchvkbZ }kjk ¼orZeku esa ,uMhVh,y dh allowed by RBI under MSF (presently to the
3 izfr'kr dh lhek rd½ LohÑr lhek rd extent of 3 per cent of NDTL)
cklsy II ekudhÑr n`f"Vdks.k ds varxZr 0.62% Marketable securities issued or guaranteed 0.62%
0% tksf[ke Hkkj okyh fons'kh Lok;rksa by foreign sovereigns having 0% risk-weight
}kjk tkjh ;k xkjaVhÑr foi.ku;ksX; under Basel II Standardized Approach
izfrHkwfr;k¡
Facility to avail Liquidity for Liquidity 50.61%
pyfuf/k dojst vuqikr ds fy, pyfuf/k 50.61%
Coverage Ratio – FALLCR (presently to the
ysus dh lqfo/kk&,Q,y,lhvkjvkj ¼orZeku extent of 15 per cent of NDTL)
esa ,yMhVh,y ds 15% rd½
97.27% Total Level 1 Assets 97.27%
dqy Lrj 1 vkfLr;k¡
2.59% Total Level 2A Assets 2.59%
dqy Lrj 2, vkfLr;k¡
0.14% Total Level 2B Assets 0.14%
dqy Lrj 2ch vkvkfLr;k¡
,pD;w,y, dk dqy LVkd 100.00% Total Stock of HQLAs 100.00%
fu/kh;u lzksrksa dk ladsUæ.k Concentration of Funding Sources
bl eSfVªd esa mu fuf/k;ksa ds lzksrksa ftudk vkgj.k pyfuf/k tksf[keksa This metric includes those sources of funding, whose withdrawal
could trigger liquidity risks. It aims to address the funding
ds v/khu gS] 'kkfey gSA bldk mís'; izR;sd egRoiw.kZ izfri{k vkSj
concentration of bank by monitoring its funding requirement
izR;sd egRoiw.kZ mRikn@fy[kr ls visf{kr blds fu/kh;u dh fuxjkuh
from each significant counterparty and each significant product/
}kjk cSad ds fu/kh;u ladsUæ.k dks O;ä djuk gS] Hkkjrh; fjt+oZ cSad ds
instrument. As per RBI guidelines, a “significant counterparty/
fn'kkfunsZ'kksa ds vuqlkj ^êgRoiw.kZ izfri{k@fy[kr@mRikn** dks ,dy
Instrument/product” is defined as a single counterparty/
izfri{k fy[kr@mRikn ;k cSad ds dqy nkf;Ro dk 1% ls vf/kd nkf;Ro Instrument/product or group of connected or affiliated counter-
okys izfri{kh ls tqM+s ;k lEc) lewg ds #i esa ifjHkkf"kr fd;k x;k parties accounting in aggregate for more than 1% of the bank’s
gSA total liabilities.
266
31-03-2022 rd cSad ds ikl dksbZ egRoiw.kZ izfri{k ¼tek @ m/kkj½ The bank has no significant counterparty (deposits/borrowings)
ugha gSA 31 ekpZ] 2022 rd cSad ds 'kh"kZ 20 tekdrkZ] cSad dh dqy as at 31.03.2022. Top 20 depositors of the bank constitute 3.67%
tek jkf'k;ksa dk 3-67% gSaA egRoiw.kZ mRikn@lk/ku esa cpr fuf/k] pkyw of bank’s total Deposit as at March 31, 2022. The significant
tekjkf'k vkSj LFkk;h eh;knh tekjkf'k fuf/kdj.k 'kkfey gS] tks fd product/ instrument include Saving Fund, Current deposit and
O;kid :i ls QSyk gqvk gS vkSj cSad ds fy, ladsUæ.k tksf[ke dks l`ftr Core Term Deposit the funding from which are widely spread
ugha dj ldrk gSA and cannot create concentration risk for the bank.
O;qRiUUk ,DLikstj Derivative exposure
cSad ds ikl O;qRiUUk esa de ,DLikstj gS] tks fd pyfuf/k rjyrk ij The bank has low exposure in derivatives having negligible
impact on its liquidity position.
dksbZ egRoiw.kZ izHkko ugha Mkyrk gSA
Currency Mismatch
eqæk vlarqyu
As per RBI guidelines, a currency is considered as “significant” if
Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa ds vuqlkj] eqæk egRoiw.kZ ekuh the aggregate liabilities denominated in that currency amount
tkrh gS ;fn ml eqæk dh dqyns;rk cSad dh dqyns;rk dk 5 izfr'kr ;k to 5 per cent or more of the bank’s total liabilities. In our case,
blls vf/kd gSA gekjs ekeys esa] bl ekud ij dsoy ;w,lMh ¼cSad dh only USD (17.80 % of bank’s total liabilities) falls in this criteria
dqy ns;rkvksa dk 17-80%½ vkrh gS ftldk ,ylhvkj gksfjtu esa dqy whose impact on total outflows in LCR horizon can be managed
ckáizokg ij izHkko izcaf/kr fd;k tk ldrk gS D;ksafd cSad ds rqyu i=k easily as the impact is not large considering the size of balance
ds vkdkj dks ns[krs gq, bldk izHkko cgqr gh de gSA sheet of the bank.
lewg dh bdkb;ksa ds chp rjyrk izca/ku vkSj var%fØ;k ds Degree of centralization of liquidity management and
dsaæhdj.k dk Lrj interaction between group’s units
lewg bdkb;ka Lo;a rjyrk dk izca/ku dj jgh gSaA gkykafd cSad us ruk- The group entities are managing liquidity on their own.
oxzLr vof/k esa lewg dh rjyrk dh vko';drk dk /;ku j[kus ds fy, However, the bank has put in place a group-wide contingency
,d lewg&O;kih vkdfLed fuf/k ;kstuk cukbZ gSA funding plan to take care of liquidity requirement of the group
as a whole in the stress period.
267
pyfuf/k dojst vuqikr ij ek=kkRed izdVhdj.k
¼jkf'k ` djksM+ esa½
ekpZ 22 dks lekIr fnlacj 21 dks lekIr flracj 21 dks lekIr twu 21 dks lekIr ekpZ 21 dks lekIr
frekgh frekgh frekgh frekgh frekgh
dqy dqy dqy dqy dqy dqy dqy dqy dqy dqy
vfuèkkZfjr fuèkkZfjr vfuèkkZfjr fuèkkZfjr vfuèkkZfjr fuèkkZfjr vfuèkkZfjr fuèkkZfjr vfuèkkZfjr fuèkkZfjr
ewY; ewY; ewY; ewY; ewY; ewY; ewY; ewY; ewY; ewY;
¼vkSlr½* ¼vkSlr½ ¼vkSlr½ ¼vkSlr½ ¼vkSlr½ ¼vkSlr½ ¼vkSlr½ ¼vkSlr½ ¼vkSlr½* ¼vkSlr½
nSfud tkap dh lk/kkj.k vkSlr ds
62 MsVk IokbaV 62 MsVk IokbaV 64 MsVk IokbaV 60 MsVk IokbaV 63 MsVk IokbaV
vk/kkj ij
mPp xq.koÙkkiw.kZ rjy laifÙk
dqy mPp xq.koÙkkiw.kZ rjy laifÙk
1 300318-26 325716-89 347401-01 339543-84 332851-63
¼,pD;w,y,½
udnh dk cfgxZeu
[kqnjk tek vkSj NksVs O;olk;h
2 786357-93 73859-96 769280-58 71792-95 792909-15 73486-01 795802-72 73756-54 789288-43 73786-10
xzkgdksa ls tek] ftuesa ls%
¼i½ fLFkj tek 95516-71 4775-84 102702-16 5135-11 116098-21 5804-91 116474-60 5823-73 102854-97 5142-75
¼ii½ de fLFkj tek 690841-22 69084-12 666578-42 66657-84 676810-94 67681-09 679328-11 67932-81 686433-46 68643-35
3 vlqjf{kr Fkksd /ku] ftuesa ls% 208070-77 104212-60 211150-40 106572-62 219745-18 111092-81 227125-55 117208-88 229423-85 121768-79
¼i½ ifjpkyu tek ¼lHkh izfri{kdkj½ 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00
xSj&ifjpkyu tek
¼ii½ 208070-77 104212-60 211150-40 106572-62 219745-18 111092-81 227125-55 117208-88 229423-85 121768-79
¼lHkh izfri{kdkj½
¼iii½ vlqjf{kr _.k 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00
4 lqjf{kr Fkksd foÙk iks"k.k
5 vfrfjä vko';drk,a] ftuesa ls 96617-79 7759-79 91570-08 8052-92 96970-25 8638-60 106243-20 9891-96 100893-38 9437-56
¼i½ O;qRiUUk tksf[ke vkSj vU; laik£'od
365-17 365-17 600-40 600-40 165-19 165-19 241-87 241-87 48-35 48-35
vko';drkvksa ls lacafèkr cfgokZg
¼ii½ _.k mRiknksa ij /ku dh gkfu ls
0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00
lacaf/kr cfgokZg
¼iii½ _.k vkSj pyfuf/k dh lqfo/kk,a 96252-62 7394-63 90969-68 7452-52 96805-06 8473-41 106001-32 9650-09 100845-03 9389-21
6 vU; lafonkRed foÙk iks"k.k nkf;Ro 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00 0-00
7 vU; vkdfLed foÙkiks"k.k nkf;Ro 87198-33 3063-73 81199-35 2821-20 83009-11 2866-51 80212-77 2694-82 81130-81 2711-36
8 dqy udnh dk cfgxZeu 188896-08 189239-70 196083-93 203552-20 207703-81
udnh varokZg
9 lqjf{kr _.k ¼tSls fjolZ jsiks½ 35530-75 0-00 52102-49 0-00 53851-06 0-00 31665-12 0-00 44085-97 0-00
iwjh rjg ls izn'kZu djus okys
10 26408-40 22641-90 23470-55 19537-58 23096-90 19768-87 26013-66 21946-58 35519-81 30858-93
,Dlikstj ls varokZg
11 vU; udnh varokZg 2969-37 2969-37 2107-73 2107-73 1338-49 1338-49 1442-84 1442-84 2548-99 2548-99
12 dqy udnh varokZg 64908-52 25611-27 77680-77 21645-31 78286-45 21107-36 59121-63 23389-42 82154-77 33407-92
13 dqy ,pD;w,y, 300318-26 325716-89 347401-01 339543-84 332851-63
14 dqy fuoy udn cfgokZg 163284-80 167594-39 174976-58 180162-78 174295-89
15 pyfuf/k dojst vuqikr ¼%½ 183-92 194-35 198-54 188-47 190-97
tSlk fd izca/ku }kjk ladfyr vkSj izekf.kr fd;k x;k gS vkSj ys[kk ijh{kdksa }kjk Hkjkslk fd;k x;k gSA
268
QUANTITATIVE DISCLOSURE ON LIQUIDITY COVERAGE RATIO
(Amount in ` Crore)
Quarter ended Mar’22 Quarter ended Dec’21 Quarter ended Sep’21 Quarter ended Jun’21 Quarter ended Mar’21
Total Total Total Total Total Total Total Total Total Total
Unweighted Weighted Unweighted Weighted Unweighted Weighted Unweighted Weighted Unweighted Weighted
Value Value Value Value Value Value Value Value Value Value
(average)* (average) (average) (average) (average) (average) (average) (average) (average)* (average)
Based on the simple average

62 Data Points 62 Data Points 64 data Points 60 Data Points 63 Data Points
of daily observations
High Quality Liquid Assets
Total High Quality Liquid
1 300318.26 325716.89 347401.01 339543.84 332851.63
Assets (HQLA)
Cash Outflows
Retail deposits and deposits
2 from small business 786357.93 73859.96 769280.58 71792.95 792909.15 73486.01 795802.72 73756.54 789288.43 73786.10
customers of which :
(i) Stable deposits 95516.71 4775.84 102702.16 5135.11 116098.21 5804.91 116474.60 5823.73 102854.97 5142.75
(ii) Less stable deposits 690841.22 69084.12 666578.42 66657.84 676810.94 67681.09 679328.11 67932.81 686433.46 68643.35
Unsecured wholesale
3 208070.77 104212.60 211150.40 106572.62 219745.18 111092.81 227125.55 117208.88 229423.85 121768.79
funding, of which:
Operational deposits (all
(i) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
counterparties)
Non-operational deposits
(ii) 208070.77 104212.60 211150.40 106572.62 219745.18 111092.81 227125.55 117208.88 229423.85 121768.79
(all counterparties)
(iii) Unsecured debt 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4 Secured wholesale funding

Additional requirements,
5 96617.79 7759.79 91570.08 8052.92 96970.25 8638.60 106243.20 9891.96 100893.38 9437.56
of which
Outflows related to
derivative exposures
(i) 365.17 365.17 600.40 600.40 165.19 165.19 241.87 241.87 48.35 48.35
and other collateral
requirements
Outflows related to loss of
(ii) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
funding on debt products
(iii) Credit and liquidity facilities 96252.62 7394.63 90969.68 7452.52 96805.06 8473.41 106001.32 9650.09 100845.03 9389.21
Other contractual funding
6 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
obligations
Other contingent funding
7 87198.33 3063.73 81199.35 2821.20 83009.11 2866.51 80212.77 2694.82 81130.81 2711.36
obligations
8 Total Cash Outflows 188896.08 189239.70 196083.93 203552.20 207703.81
Cash Inflows
Secured lending
9 35530.75 0.00 52102.49 0.00 53851.06 0.00 31665.12 0.00 44085.97 0.00
(e.g. reverse repos)
Inflows from fully
10 26408.40 22641.90 23470.55 19537.58 23096.90 19768.87 26013.66 21946.58 35519.81 30858.93
performing exposures
11 Other cash inflows 2969.37 2969.37 2107.73 2107.73 1338.49 1338.49 1442.84 1442.84 2548.99 2548.99
12 Total Cash Inflows 64908.52 25611.27 77680.77 21645.31 78286.45 21107.36 59121.63 23389.42 82154.77 33407.92
13 TOTAL HQLA 300318.26 325716.89 347401.01 339543.84 332851.63
14 Total Net Cash Outflows 163284.80 167594.39 174976.58 180162.78 174295.89
15 Liquidity Coverage Ratio (%) 183.92 194.35 198.54 188.47 190.97

As compiled and certified by the Management and relied upon by the Auditors.
269
2- lh½ fuoy fLFkj fuf/k;u vuqikr ¼,u,l,Qvkj½
fuoy fLFkj fuf/k;u vuqikr ij xq.kkRed izdVhdj.k
fuoy fLFkj fuf/k;u vuqikr ¼,u,l,Qvkj½ vkSj pyfuf/k dojst vuqikr ¼,ylhvkj½ cklsy III lq/kkjksa ds egRoiw.kZ ?kVd gSaA cSad dh pyfuf/k
izksQ+kby ds vYidkfyd yphysiu dks c<+kok nsus okys ,ylhvkj fn'kkfunsZ'k 9 twu 2014 ds ifji=k MhchvksMh-chih-chlh-la-120@21-04-098@2013&14
ds ek/;e ls tkjh fd, x, gSaA nwljh vksj ,u,l,Qvkj fn'kkfunsZ'k Hkfo"; ds foÙk iks"k.k ruko ds tksf[ke dks de djus ds fy, cSadksa dks i;kZIr :i
ls fLFkj foÙk iks"k.k ds lzksrksa ds lkFk viuh xfrfof/k;ksa dks foÙk iksf"kr djus dh vko';drk ds kjk nh?kZdkfyd vof/k ds nkSjku foÙk iks"k.k tksf[ke
esa deh lqfuf'Pkr djrs gSaA
Hkkjrh; lanHkZ esa] ,u,l,Qvkj ds fn'kkfunsZ'k 1 vDVwcj] 2021 ls izHkkoh FksA ,u,l,Qvkj dks vko';d fLFkj fuf/k;u dh jkf'k ds lkis{k
miyC/k fLFkj fuf/k;u dh jkf'k ds :i esa ifjHkkf"kr fd;k x;k gSA ÞmiyC/k fLFkj fuf/k;uÞ ¼,,l,Q½ dks iwath vkSj nsunkfj;ksa ds fgLls
ds :i esa ifjHkkf"kr fd;k x;k gS tks ,u,l,Qvkj }kjk fu/kkZfjr fd, x, le; f{kfrt ij fo'oluh; gksus dh mEehn gS] tks ,d o"kZ rd
iznku dh tkrh gSA fdlh fof'k"V laLFkku ds fy, vko';d fLFkj fufèk;u ¼Þvko';d fLFkj fuf/k;uÞ½ ¼vkj,l,Q½ dh jkf'k ml laLFkk }kjk
/kkfjr fofHkUUk ifjlaifÙk;ksa dh pyfuf/k fo'ks"krkvksa vkSj vof'k"V ifjiDorkvksa ds lkFk&lkFk bldh rqyui=ksrj ¼vksch,l½ ,Dlikst+j
dk ,d dk;Z gSA fofHkUUk Jsf.k;ksa dh ns;rkvksa ¼vFkkZr tek] vlqjf{kr vkSj lqjf{kr Fkksd m/kkj½] vukgfjr izfrc)rkvksa] O;qRiUUkh&lacaf/kr
,Dlikstj] vkSj mlh vof/k ds Hkhrj ifjiDo gksus okyh ifjlaifÙk;ksa ls fudyus okys varokZg ds lkFk vkWQlsV ds fy, rukoxzLr ifjn`';ksa
ds fy, ju&vkWQ dkjd vkjchvkbZ }kjk fu/kkZfjr fd, tkrs gSaA ,dy cSad ds fy, vkSj 1 vDVwcj] 2021 ls izHkkoh lewg ds fy, vkjchvkbZ
ds fn'kkfunsZ'kksa esa fuèkkZfjr U;wure ,u,l,Qvkj vko';drk 100% gSA
ih,uch us 31 ekpZ] 2022 dks lesfdr vk/kkj ij ` 708590 djksM+ dh vkj,l,Q vko';drk ds fo#) ` 1117942 djksM+ dh miyC/k fLFkj fuf/k;u
¼,,l,Q½ dks cuk, j[kkA 31 ekpZ] 2022 dks lekIr frekgh ds fy, ,u,l,Qvkj 157-77% FkkA
miyC/k fLFkj fuf/k;u ¼,,l,Q½ eq[; :i ls vkjchvkbZ }kjk fuèkkZfjr cklsy III iwath i;kZIrrk fn'kkfunsZ'kksa vkSj [kqnjk xzkgdksa] NksVs O;olk; xzkgdksa
vkSj xSj&foÙkh; dkWiksZjsV xzkgdksa ls izkIr tek jkf'k;ksa ds vuqlkj dqy fu;ked iwath }kjk lapkfyr gksrk gSA vko';d fLFkj fufèk;u ¼vkj,l,Q½
ds rgr] izkFkfed lapkyd ,d o"kZ ;k mlls vf/kd dh vof'k"V ifjiDork ds lkFk _.k eqä izn'kZu dj jgs gSaA
fuoy fLFkj fuf/k;u vuqikr ij ek=kkRed izdVhdj.k

lesfdr
,u,l,Qvkj izdVhdj.k ;Fkkor 31-12-2021 31-03-2022
vof'k"V ifjiDork }kjk vfu/kkZfjr ewY; vof'k"V ifjiDork }kjk vfu/kkZfjr ewY;
fu/kkZfjr
dksbZ dksbZ
¼` djksM+½ < 6 6 ekg ls ewY; 6 ekg ls fu/kkZfjr
ifjiDork ≥ 1 o"kZ ifjiDork < 6 ekg ≥ 1 o"kZ
ekg < 1 o"kZ < 1 o"kZ ewY;
ugha ugha
,,l,Q en
1 iwath% ¼2$3½ 92420 2250 3730 19094 117494 105583 0 0 13768 119299
2 fofu;ked iwath 91341 2250 3730 19094 116415 105583 0 0 12571 118179
3 vU; iwath fy[kr 1079 0 0 0 1079 0 0 0 1197 1120
4 [kqnjk tek vkSj NksVs O;olk;h 423639 26903 237138 205844 829507 431772 29615 235519 209263 632569
xzkgdksa ls tek% ¼5$6½
5 fLFkj tek 60049 5061 29915 91224 181496 61103 3467 14295 15382 92109
6 de fLFkj tek 363590 21842 207223 114620 648011 370669 26148 221224 193881 540460
7 Fkksd foÙkiks"k.k% ¼8$9½ 83180 38846 72701 56256 153620 101887 55628 67939 67299 365997
270
2. c) Net Stable Funding ratio (NSFR)
QUALITATIVE DISCLOSURE ON NET STABLE FUNDING RATIO

The Net Stable Funding Ratio (NSFR) and Liquidity Coverage Ratio (LCR) are significant components of the Basel III reforms.
The LCR guidelines which promote short term resilience of a bank’s liquidity profile have been issued vide circular DBOD.BP.BC.
No.120/21.04.098/2013-14 dated June 9, 2014. The NSFR guidelines on the other hand ensure reduction in funding risk over a longer
time horizon by requiring banks to fund their activities with sufficiently stable sources of funding in order to mitigate the risk of future
funding stress.
In the Indian context, the guidelines for NSFR were effective from October 1, 2021. The NSFR is defined as the amount of available
stable funding relative to the amount of required stable funding. “Available stable funding” (ASF) is defined as the portion of capital
and liabilities expected to be reliable over the time horizon considered by the NSFR, which extends to one year. The amount of
stable funding required (“Required stable funding”) (RSF) of a specific institution is a function of the liquidity characteristics and
residual maturities of the various assets held by that institution as well as those of its off-balance sheet (OBS) exposures. The run-
off factors for the stressed scenarios are prescribed by the RBI, for various categories of liabilities (viz., deposits, unsecured and
secured wholesale borrowings), undrawn commitments, derivative-related exposures, and offset with inflows emanating from assets
maturing within the same time period. The minimum NSFR requirement set out in the RBI guideline for the standalone Bank and for
Group effective October 1, 2021 is 100%.
PNB on a consolidated basis at 31st Mar, 2022 maintained Available Stable Funding (ASF) of ` 1117942 Crore against the RSF
requirement of ` 708590 crore. The NSFR for the quarter ended Mar 31, 2022 was at 157.77%.
The Available Stable Funding (ASF) is primarily driven by the total regulatory capital as per Basel III Capital Adequacy guidelines
stipulated by RBI and deposits from retail customers, small business customers and non-financial corporate customers. Under the
Required Stable Funding (RSF), the primary drivers are unencumbered performing loans with residual maturities of one year or more.
QUANTITATIVE DISCLOSURE ON NET STABLE FUNDING RATIO
Consolidated
NSFR Disclosure as on 31.12.2021 31.03.2022
Unweighted value by residual maturity Unweighted value by residual maturity

Weighted
(` in Crore) No <6 6 months No <6 6 months Weighted
≥ 1yr value ≥ 1yr
maturity months to < 1yr maturity months to < 1yr value
ASF Item
1 Capital: (2+3) 92420 2250 3730 19094 117494 105583 0 0 13768 119299
2 Regulatory capital 91341 2250 3730 19094 116415 105583 0 0 12571 118179
3 Other capital instruments 1079 0 0 0 1079 0 0 0 1197 1120
Retail deposits and deposits

4 from small business customers: 423639 26903 237138 205844 829507 431772 29615 235519 209263 632569
(5+6)
5 Stable deposits 60049 5061 29915 91224 181496 61103 3467 14295 15382 92109
6 Less stable deposits 363590 21842 207223 114620 648011 370669 26148 221224 193881 540460
7 Wholesale funding: (8+9) 83180 38846 72701 56256 153620 101887 55628 67939 67299 365997
271
lesfdr
fu/kkZfjr
dksbZ dksbZ
ugha ugha
8 ifjpkyu tek 0 0 0 0 0 0 0 0 0 0
9 vU; Fkksd foÙkiks"k.k 83180 38846 72701 56256 153620 101887 55628 67939 67299 365997
10 vU; ns;rk,a% ¼11$12½ 0 15415 133 52165 0 0 20301 4426 52165 77
11 ,u,l,Qvkj O;qRiUUk nsunkfj;ka 3 0 0 3 0 0

12 vU; lHkh ns;rk,a vkSj bfDoVh tks 0 15412 133 52165 0 0 20298 4426 52165 77
mijksä Jsf.k;ksa esa 'kkfey ugha gSa
13 dqy ,,l,Q ¼1$4$7$10½ 1100621 1117942
vkj,l,Q en
14 dqy ,u,l,Qvkj mPp xq.koÙkk 16338 13165
okyh rjy laifÙk ¼,pD;w,y,½
15 ifjpkyu mís';ksa ds fy, vU; 9170 439 0 0 4804 11143 29 0 0 9784

foÙkh; laLFkkuksa esa tekjkf'k;ka
16 _.k vkSj izfrHkwfr;ksa dk fu"iknu% 0 162012 33460 640711 598771 9370 177765 64363 634778 672589
¼17$18$19$21$23½
17 Lrj 1 ,pD;w,y, }kjk lqjf{kr 0 70 0 0 7 0 418 0 0 41
foÙkh; laLFkkuksa dks _.k nsuk
18 xSj&Lrj 1 ,pD;w,y, 0 14161 4924 59193 63778 0 14161 4627 59192 61119
}kjk lqjf{kr foÙkh; laLFkkuksa ds
fy, dk;Z'khy _.k vkSj foÙkh;
laLFkkuksa ds fy, vlqjf{kr
dk;Z'khy _.k
19 xSj&foÙkh; dkWiksZjsV xzkgdksa ds 0 147671 28271 410472 403903 0 159484 55448 410472 456564
fy, dk;Z'khy _.k] [kqnjk vkSj
y?kq O;olk; xzkgdksa dks _.k
nsuk] vkSj jkf"Vªdksa] dsaæh; cSadksa
vkSj lkoZtfud miØeksa dks _.k
nsuk] ftuesa ls%
20 _.k tksf[ke ds fy, cklsy II 0 107901 19458 164848 170828 0 108015 19247 164990 2155
ekudhÑr n`f"Vdks.k ds rgr
35% ls de ;k mlds cjkcj ds
tksf[ke Hkkj ds lkFk
272
Consolidated

Weighted
8 Operational deposits 0 0 0 0 0 0 0 0 0 0
9 Other wholesale funding 83180 38846 72701 56256 153620 101887 55628 67939 67299 365997
10 Other liabilities: (11+12) 0 15415 133 52165 0 0 20301 4426 52165 77
11 NSFR derivative liabilities 3 0 0 3 0 0
All other liabilities and equity

12 not included in the above 0 15412 133 52165 0 0 20298 4426 52165 77
categories
13 Total ASF (1+4+7+10) 1100621 1117942
RSF Item
Total NSFR high-quality liquid 13165

14 16338
assets (HQLA)
Deposits held at other financial

15 institutions for operational 9170 439 0 0 4804 11143 29 0 0 9784
purposes
Performing loans and

16 0 162012 33460 640711 598771 9370 177765 64363 634778 672589
securities: (17+18+19+21+23)
Performing loans to financial

17 institutions secured by Level 0 70 0 0 7 0 418 0 0 41
1 HQLA
Performing loans to financial

institutions secured by non-
18 Level 1 HQLA and unsecured 0 14161 4924 59193 63778 0 14161 4627 59192 61119
performing loans to financial
institutions
Performing loans to non-

financial corporate clients,
loans to retail and small
19 0 147671 28271 410472 403903 0 159484 55448 410472 456564
business customers, and loans
to sovereigns, central banks,
and PSEs, of which:
With a risk weight of less than

or equal to 35% under the
20 0 107901 19458 164848 170828 0 108015 19247 164990 2155
Basel II Standardised Approach
for credit risk
273
lesfdr
fu/kkZfjr
dksbZ dksbZ
ugha ugha
21 dk;Z'khy vkoklh; ca/kd] ftuesa 0 40 38 73050 47534 0 0 0 74540 71254
ls%
22 _.k tksf[ke ds fy, cklsy II 0 40 38 73050 47534 0 0 0 74540 27875
ekudhÑr n`f"Vdks.k ds rgr
35% ls de ;k mlds cjkcj ds
tksf[ke Hkkj ds lkFk
23 izfrHkwfr;ka tks fMQ+kWYV :i esa ugha 0 70 227 97996 83549 9370 3702 4288 90574 83611
gSa vkSj ,Dlpsat&VªsMsM bfDoVh
lfgr ,pD;w,y, ds :i esa ;ksX;
ugha gSa
24 vU; laifÙk;ka% ¼25 ls 29 iafä;ksa 5486 144 8 70701 75628 632 147 8 70701 9978
dk ;ksx½
25 Lo.kZ lfgr HkkSfrd O;kikj okyh 0 0 0 0 0 0 0 0 0 0
oLrq,a
26 O;qRiUUk vuqca/kksa ds fy, izkjafHkd 4742 0 0 0 4030 449 0 0 0 382
ek£tu ds :i esa iksLV dh xbZ
laifÙk;ka vkSj lhlhih ds fMQ+kWYV
QaM esa ;ksxnku
27 ,u,l,Qvkj O;qRiUUk vkfLr;ka 29 6 0 0 34 51 6 0 0 57
28 iksLV fd, x, fHkUUkrk ek£tu dh 29 0 0 0 29 39 2 0 0 41
dVkSrh ls igys ,u,l,Qvkj
O;qRiUUk ns;rk,a
29 lHkh vU; vkfLr;ka mijksä 686 139 8 70701 71534 93 139 8 70701 9498
Jsf.k;ksa esa 'kkfey ugha gSa
30 rqyui=ksrj ensa 0 23435 12 65994 3152 0 22213 12 65472 3074
31 dqy vkj,l,Q 698694 708590
32 fuoy fLFkj fuf/k;u vuqikr ¼%½ 157-53 157-77
274
Consolidated

Weighted
Performing residential
21 0 40 38 73050 47534 0 0 0 74540 71254
mortgages, of which:
With a risk weight of less than

or equal to 35% under the
22 0 40 38 73050 47534 0 0 0 74540 27875
Basel II Standardised Approach
for credit risk
Securities that are not in

default and do not qualify as
23 0 70 227 97996 83549 9370 3702 4288 90574 83611
HQLA, including exchange-
traded equities
Other assets: (sum of rows 25

24 5486 144 8 70701 75628 632 147 8 70701 9978
to 29)
Physical traded commodities,

25 0 0 0 0 0 0 0 0 0 0
including gold
Assets posted as initial margin

for derivative contracts and
26 4742 0 0 0 4030 449 0 0 0 382
contributions to default funds
of CCPs
27 NSFR derivative assets 29 6 0 0 34 51 6 0 0 57
NSFR derivative liabilities

28 before deduction of variation 29 0 0 0 29 39 2 0 0 41
margin posted
All other assets not included in

29 686 139 8 70701 71534 93 139 8 70701 9498
the above categories
30 Off-balance sheet items 0 23435 12 65994 3152 0 22213 12 65472 3074
31 Total RSF 698694 708590
32 Net Stable Funding Ratio (%) 157.53 157.77
275
3- fuos'k
3- ,½ fuos'k iksVZQksfy;ks dh lajpuk
31-03-2022 rd ¼pkyw foÙk o"kZ½ ¼jkf'k #- djksM+ esa½
Hkkjr esa fuos'k Hkkjr ds ckgj fuos'k
lClhMjht+ vkSj@ ;k
¼LFkkuh; çkf/kdj.kksa
Hkkjr esa dqy fuos'k
ljdkjh çfrHkwfr;ka
ljdkjh çfrHkwfr;ka
Hkkjr ds ckgj dqy

_.k i=k vkSj ckaM
lClhMjht+ vkSj@
;k la;qDr m|e
dqy fuos'k
la;qDr m|e
vU; LohÑr
çfrHkwfr;ka
lfgr½
fuos'k
'ks;j
vU;
vU;
ifjiDork ds fy, /kkfjr
ldy 293175.36 0.15 5.13 5506.03 1564.16 154.88 300405.71 0.00 2450.45 0.20 2450.65 302856.36
?kVk,a% xSj&fu"ikfnr
fuos'k ¼,uihvkbZ½ ds 0.00 0.00 1.11 0.00 0.00 0.00 1.11 0.00 341.59 0.00 341.59 342.70
fy, izko/kku
fuoy 293175.36 0.15 4.02 5506.03 1564.16 154.88 300404.60 0.00 2108.86 0.20 2109.06 302513.66
fcØh ds fy, miyC/k

ldy 30311.94 0.00 6822.06 30365.97 51.12 6079.01 73630.10 1820.01 0.00 1115.46 2935.47 76565.57
?kVk,a% ewY;gzkl vkSj

,uihvkbZ ds fy, 303.03 0.00 3561.27 2305.18 0.00 664.91 6834.39 27.41 0.00 20.80 48.21 6882.60
izko/kku
fuoy 30008.91 0.00 3260.79 28060.79 51.12 5414.10 66795.71 1792.60 0.00 1094.66 2887.26 69682.97
O;kikj ds fy, vk;ksftr

ldy -28.87 0.00 0.00 0.00 0.00 0.00 -28.87 0.00 0.00 0.00 0.00 -28.87
?kVk,a% ewY;gzkl vkSj

,uihvkbZ ds fy, 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
izko/kku
fuoy -28.87 0.00 0.00 0.00 0.00 0.00 -28.87 0.00 0.00 0.00 0.00 -28.87
dqy fuos'k 323458.43 0.15 6827.19 35872.00 1615.28 6233.89 374006.94 1820.01 2450.45 1115.66 5386.12 379393.06
?kVk,a% xSj& fu"ikfnr

fuos'kksa ds fy, 0.00 0.00 1.11 0.00 0.00 0.00 1.11 0.00 341.59 0.00 341.59 342.70
izkoèkku ¼,uihvkbZ½#
?kVk% ewY;gzkl vkSj
,uihvkbZ ds fy, 303.03 0.00 3561.27 2305.18 0.00 664.91 6834.39 27.41 0.00 20.80 48.21 6882.60
izko/kku
fuoy 323155.40 0.15 3264.81 33566.82 1615.28 5568.98 367171.44 1792.60 2108.86 1094.86 4996.32 372167.76
dsoy ,pVh,e
#
276
3. Investments
3. a) Composition of Investment Portfolio
As at 31.03.2022 (Current FY) (Amount in ` Crore)
Investments in India Investments outside India
Total Investments
Total Investments
Total investments
Subsidiaries and/
Subsidiaries and/
or joint ventures
or joint ventures
Other Approved
Debentures and
(including local
outside India
Government
Government
authorities)
Securities
Securities
securities
in India
Others
Others
Shares
Bonds
Held to Maturity
Gross 293175.36 0.15 5.13 5506.03 1564.16 154.88 300405.71 0.00 2450.45 0.20 2450.65 302856.36
Less: Provision for non-

performing investments 0.00 0.00 1.11 0.00 0.00 0.00 1.11 0.00 341.59 0.00 341.59 342.70
(NPI)
Net 293175.36 0.15 4.02 5506.03 1564.16 154.88 300404.60 0.00 2108.86 0.20 2109.06 302513.66
Available for Sale
Gross 30311.94 0.00 6822.06 30365.97 51.12 6079.01 73630.10 1820.01 0.00 1115.46 2935.47 76565.57
Less: Provision for

303.03 0.00 3561.27 2305.18 0.00 664.91 6834.39 27.41 0.00 20.80 48.21 6882.60
depreciation and NPI
Net 30008.91 0.00 3260.79 28060.79 51.12 5414.10 66795.71 1792.60 0.00 1094.66 2887.26 69682.97
Held for Trading
Gross -28.87 0.00 0.00 0.00 0.00 0.00 -28.87 0.00 0.00 0.00 0.00 -28.87
Less: Provision for

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net -28.87 0.00 0.00 0.00 0.00 0.00 -28.87 0.00 0.00 0.00 0.00 -28.87
Total Investments 323458.43 0.15 6827.19 35872.00 1615.28 6233.89 374006.94 1820.01 2450.45 1115.66 5386.12 379393.06

Performing investments 0.00 0.00 1.11 0.00 0.00 0.00 1.11 0.00 341.59 0.00 341.59 342.70
(NPI)#
Less: Provision for

303.03 0.00 3561.27 2305.18 0.00 664.91 6834.39 27.41 0.00 20.80 48.21 6882.60
Net 323155.40 0.15 3264.81 33566.82 1615.28 5568.98 367171.44 1792.60 2108.86 1094.86 4996.32 372167.76
#
HTM only
277
31-03-2021 rd ¼xr foÙkh; o"kZ½ ¼jkf'k ` djksM+ esa½
Hkkjr esa fuos'k Hkkjr ds ckgj fuos'k
lClhMjht+ vkSj@ ;k
¼LFkkuh; çkf/kdj.kksa
Hkkjr esa dqy fuos'k
ljdkjh çfrHkwfr;ka
ljdkjh çfrHkwfr;ka
Hkkjr ds ckgj dqy

_.k i=k vkSj ckaM
lClhMjht+ vkSj@
;k la;qDr m|e
dqy fuos'k
la;qDr m|e
vU; LohÑr
çfrHkwfr;ka
lfgr½
fuos'k
'ks;j
vU;
vU;
ifjiDork ds fy, /kkfjr
ldy 271387.65 0.15 5.13 7076.16 1549.16 427.50 280445.75 0.00 2418.87 0.26 2419.13 282864.88
?kVk,a% vutZd fuos'k

0.00 0.00 1.13 0.00 0.00 0.00 1.13 0.00 341.59 0.00 341.59 342.72
¼,uihvkbZ½ ds fy, izkoèkku
fuoy 271387.65 0.15 4.00 7076.16 1549.16 427.50 280444.62 0.00 2077.28 0.26 2077.54 282522.16
fcØh ds fy, miyC/k
ldy 72694.83 0.00 8713.15 28637.62 51.12 4179.74 114276.46 1260.30 0.00 1773.06 3033.36 117309.82

310.51 0.00 4584.82 1395.31 0.00 539.65 6830.29 18.44 0.00 0.00 18.44 6848.73
¼,uihvkbZ½ ds fy, izkoèkku
fuoy 72384.32 0.00 4128.33 27242.31 51.12 3640.09 107446.17 1241.86 0.00 1773.06 3014.92 110461.09
Vªs¯Mx ds fy, /kkfjr
ldy 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
?kVk,a% ewY;gzkl vkSj ,uihvkbZ

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ds fy, izko/kku
fuoy 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
dqy fuos'k 344082.48 0.15 8718.28 35713.78 1600.28 4607.24 394722.21 1260.30 2418.87 1773.32 5452.49 400174.70

¼,uihvkbZ½@ ewY;gzkl# ds 0.00 0.00 1.13 0.00 0.00 0.00 1.13 0.00 341.59 0.00 341.59 342.72
fy, izko/kku
?kVk,a% ewY;gzkl vkSj ,uihvkbZ
310.51 0.00 4584.82 1395.31 0.00 539.65 6830.29 18.44 0.00 0.00 18.44 6848.73
ds fy, izko/kku
fuoy 343771.97 0.15 4132.33 34318.47 1600.28 4067.59 387890.79 1241.86 2077.28 1773.32 5092.46 392983.25
#
dsoy ,pVh,e
278
As at 31.03.2021 (Previous FY) (Amount in ` Crore)
Investments in India Investments outside India
Total Investments
securities (including
Subsidiaries and/or
Subsidiaries and/or
Total Investments
Total investments
local authorities)
Other Approved
Debentures and
joint ventures
joint ventures
outside India
Government
Government
Securities
Securities
in India
Others
Others
Shares
Bonds
Held to Maturity
Gross 271387.65 0.15 5.13 7076.16 1549.16 427.50 280445.75 0.00 2418.87 0.26 2419.13 282864.88

0.00 0.00 1.13 0.00 0.00 0.00 1.13 0.00 341.59 0.00 341.59 342.72
performing investments (NPI)
Net 271387.65 0.15 4.00 7076.16 1549.16 427.50 280444.62 0.00 2077.28 0.26 2077.54 282522.16
Available for Sale
Gross 72694.83 0.00 8713.15 28637.62 51.12 4179.74 114276.46 1260.30 0.00 1773.06 3033.36 117309.82
Less: Provision for depreciation

310.51 0.00 4584.82 1395.31 0.00 539.65 6830.29 18.44 0.00 0.00 18.44 6848.73
and NPI
Net 72384.32 0.00 4128.33 27242.31 51.12 3640.09 107446.17 1241.86 0.00 1773.06 3014.92 110461.09
Held for Trading
Gross 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
and NPI
Net 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Investments 344082.48 0.15 8718.28 35713.78 1600.28 4607.24 394722.21 1260.30 2418.87 1773.32 5452.49 400174.70

Performing investments (NPI)/ 0.00 0.00 1.13 0.00 0.00 0.00 1.13 0.00 341.59 0.00 341.59 342.72
dep#
310.51 0.00 4584.82 1395.31 0.00 539.65 6830.29 18.44 0.00 0.00 18.44 6848.73
and NPI
Net 343771.97 0.15 4132.33 34318.47 1600.28 4067.59 387890.79 1241.86 2077.28 1773.32 5092.46 392983.25
#
HTM only
279
3- ch½ ewY;gzkl vkSj fuos'k vfLFkj fjtoZ ds izko/kkuksa dk 3. b) Movement of Provisions for Depreciation and
mrkj&p<+ko ¼jkf'k ` djksM+ esa½ Investment Fluctuation Reserve
(Amount in ` crore)
fooj.k pkyw o"kZ xr o"kZ Particulars Current Year Previous Year
i½ fuos'kksa ij ewY;gzkl ds fy, /kkfjr izko/kkuksa esa mrkj&p<+ko i) Movement of provisions held towards depreciation on investments
,½ izkjfEHkd 'ks"k 7191.44 3288.55 a) Opening balance 7191.44 3288.55
ch½ bZvkschlh vkSj 0.00 2989.22 b) Addition on account 0.00 2989.22

bZ;w,uvkbZ ds of amalgamation of
lekesyu ds dkj.k eOBC and eUNI
ifjo/kZu
lh½ tksM+sa % o"kZ ds nkSjku 1643.55 1038.05 c) Add: Provision made 1643.55 1038.05
during the year
fd, x, izko/kku
Mh½ ?kVk,a% o"kZ ds nkSjku 1609.69 124.38 d) Less: Write off / 1609.69 124.38
fd, x, vf/kd write back of excess
izkoèkku ds fy, cV~Vs provisions during
the Year
[kkrs esa Mkyh x;h@
izfrfyf[kr jkf'k
bZ½ vafre 'ks"k 7225.30 7191.44 e) Closing balance 7225.30 7191.44
ii½ vfLFkj fjtoZ fuos'k esa mrkj&p<+ko ii) Movement of Investment Fluctuation Reserve
,½ izkjfEHkd 'ks"k 538.81 48.52 a) Opening balance 538.81 48.52
ch½ bZvkschlh vkSj 0.00 10.20 b) Addition on account 0.00 10.20

bZ;w,uvkbZ ds of amalgamation of
lekesyu ds dkj.k eOBC and eUNI
ifjo/kZu
c) Add: Amount 854.85 480.09
lh½ tksM+sa% o"kZ ds nkSjku 854.85 480.09
transferred during
varfjr jkf'k the year
Mh½ ?kVk,a% fxjkoV 0.00 0.00 d) Less: Drawdown 0.00 0.00
bZ½ vafre 'ks"k 1393.66 538.81 e) Closing balance 1393.66 538.81
iii½ ,,Q,l vkSj ,p,QVh@ 2.00% 0.49% iii) Closing balance in 2.00% 0.49%
IFR as a percentage
pkyw Js.kh ¼fuoy½ esa of closing balance of
fuos'k ds vafre 'ks"k investments in AFS
ds izfr'kr ds :i esa and HFT/Current
vkbZ,Qvkj esa vafre 'ks"k category (Net)
280
3- lh½ ,pVh,e Js.kh esa @ls fcØh ,oa varj.k 3. c) Sale and transfers to/from HTM category
The total value of sales and transfers of securities to / from

1 vizSy] 2021 ls 31 ekpZ] 2022 ds nkSjku vkjchvkbZ ekLVj ifji=k HTM category after netting permitted exclusions in terms of RBI
la[;k Mhvksvkj-,evkjth 42@21-04-141@ 2021&22 fnukad 25- Master Circular No. DOR.MRG.42/21.04.141/ 2021-22 dated
08-2021 ds vuqlkj fuoy vuqer NwV ds ckn ,pVh,e Js.kh esa@ls 25.08.2021 during 1st April 2021 to 31st March 2022 has not
izfrHkwfr;ksa dh fcØh vkSj varj.k dk fnukad 31-03-2021 dks ,pVh,e exceeded 5% of the book value of investments held in HTM
Js.kh esa dqy ewY; /kkfjr fuos'k ds cgh ewY; ds 5% ls vf/kd ugha c<+kA category as on 31.03.2021.
blfy, vkjchvkbZ ds ekStwnk fn'kkfunsZ'kksa ds vuqlkj dksbZ izdVhdj.k As such no disclosure is to be made in terms of extant RBI
ugha fd;k x;k gSA guidelines.
¼xr o"kZ% 01 vizSy] 2020 ls 31 ekpZ] 2021 ds nkSjku ,pVh,e Js.kh (Previous year: The total value of sales and transfers of securities
to / from HTM category during 1st April 2020 to 31st March
esa@ls izfrHkwfr;ksa dh fcØh vkSj varj.kksa dk dqy ewY; 31-03-2020
2021 has not exceeded 5% of the book value of investments
dks fLFkr ,pVh,e Js.kh esa /kkfjr fuos'kksa ds cgh ewY; ls 5% vf/kd
held in HTM category as on 31.03.2020 (Excluding following
ugha c<+k gSaA ¼fuEufyf[kr ysunsuksa dks NksM+dj½ [mä o£.kr 5% dh Transactions). [The 5 percent threshold referred to above will
lhek ls fuEufyf[kr ckgj jgsaxs &¼,½ ys[kk o"kZ ds vkjEHk esa cSadksa }kjk exclude (a) the one- time transfer of securities to/ from HTM
LohÑr funs'kd eaMy ds vuqeksnu ls ,pVh,e Js.kh dks@ls ,dckj category with the approval of Board of Directors permitted to be
esa fd;k tkus okyk izfrHkwfr;ksa dk varj.k] ¼ch½ iwoZ esa ?kksf"kr vks,evks undertaken by banks at the beginning quarter of the accounting
uhykeh ds varxZr Hkkjrh; fjt+oZ cSad dks fd;k tkus okyk foØ;] ¼lh½ year (b) sales to the Reserve Bank of India under pre-announced
Hkkjr ljdkj }kjk cSadksa ls ljdkjh izfrHkwfr;ksa dh iqu[kZjhn] ¼Mh½ ys[kk OMO auctions, (c) Repurchase of Government Securities by
o"kZ dh vkjafHkd frekgh esa vuqeksfnr f'k¯¶Vx ds vykok ,pVh,e Government of India from banks, (d) Sale of securities or
transfer to AFS / HFT consequent to the reduction of ceiling on
ds rgr ,l,yvkj izfrHkwfr;ksa ij lh¯yx de djus ds QyLo:i
SLR securities under HTM in addition to the shifting permitted
,,Q,l@,p,QVh dks izfrHkwfr;ksa dh fcØh ;k varj.k]A blfy, at the beginning quarter of the accounting year]. As such no
vkjchvkbZ ds ekStwnk fn'kkfunsZ'kksa ds vuqlkj dksbZ izdVhdj.k ugha disclosure is to be made in terms of extant RBI guidelines).
fd;k tkuk gSA
3. d) Non-SLR investment portfolio
3- Mh½ xSj&,l,yvkj fuos'k iksVZQksfy;ks
3. d) i) Non-performing non-SLR investments
3- Mh½ i½ vutZd xSj&,l,yvkj fuos'k
¼jkf'k ` djksM+ esa½ (Amount in ` crore)
Ø-la- fooj.k pkyw o"kZ xr o"kZ Sr. Current Previous

Particulars
No. Year Year
,½ izkjfEHkd 'ks"k 5470.93 2914.85
a) Opening balance 5470.93 2914.85
ch½ bZvkschlh vkSj bZ;w,uvkbZ ds 0.00 2717.64
b) Addition on account of amal- 0.00 2717.64
lekesyu ds dkj.k ifjo/kZu gamation of eOBC and eUNI
lh½ o"kZ ds nkSjku ifjo/kZu 3656.41 831.86 c) Additions during the year 3656.41 831.86
Mh½ mijksä vof/k ds nkSjku deh 2100.07 993.42 d) Reductions during the above 2100.07 993.42
period
bZ½ vafre 'ks"k 7027.27 5470.93
e) Closing balance 7027.27 5470.93
,Q½ dqy /kkfjr izko/kku 6447.31 4667.50
f) Total provisions held 6447.31 4667.50
281
3- Mh½ ii½ xSj ,l,yvkj fuos'kksa dh fuxZedrkZ lajpuk
Ø- **fuos'k Js.kh ls uhps** **fcuk js¯Vx dh** **xSj lwphc)

fuxZedrkZ jkf'k futh LFkkuu dh ek=kk
la- dh izfrHkwfr;ksa dh ek=kk izfrHkwfr;ksa dh ek=kk izfrHkwfr;ksaÞ dh ek=kk
¼1½ ¼2½ ¼3½ ¼4½ ¼5½ ¼6½ ¼7½
pkyw o"kZ xr o"kZ pkyw o"kZ xr o"kZ pkyw o"kZ xr o"kZ pkyw o"kZ xr o"kZ pkyw o"kZ xr o"kZ
,½ ih,l;w 13385-85 12046-54 8685-95 7022-72 265-56 0-00 0-00 0-00 2577-10 2466-33
ch½ ,QvkbZ 7622-74 11847-21 5691-89 8111-88 44-00 0-00 0-00 0-00 0-00 0-00
lh½ cSad 6131-67 6339-24 3130-80 2698-79 1662-00 1575-02 0-00 0-00 0-00 0-00
Mh½ futh dkWiksZjsV 10063-10 9736-84 8719-08 7802-18 5505-16 543-63 0-00 0-00 0-00 0-00
bZ½ vuq"kafx;k¡@la;qä 3351-54 3205-02 3351-54 3205-02 664-01 341-59 0-00 0-00 0-00 0-00
m|e
,Q½ vU;* 71767-61 69444-25 10097-86 9567-15 72-22 662-70 0-00 0-00 0-00 0-00
th½ ?kVk,a% ewY;gzkl ds 6922-28 6880-53 3126-31 3633-25 4497-05 710-00 0-00 0-00 0-00 0-00
fy, izko/kku
tksM+** 105400-23 105738-57 36550-81 34774-49 3715-90 2412-94 0-00 0-00 2577-10 2466-33
*vU; esa ` 56388-01 djksM+ ¼xr o"kZ ` 57769-30 djksM+½ ¼ewY;gzkl dks ?kVkdj] ;fn dksbZ gks½ dh fo'ks"k ljdkjh izfrHkwfr;ka 'kkfey gSaA
**mijksä dkWye esa 4] 5] 6 vkSj 7 ds varxZr n'kkZ;h x;h jkf'k;k¡ ijLij vuU; ugha gks ldrhA
3- bZ½ jsiks ysunsu ¼vafdr ewY; ds laca/k esa½

o"kZ ds nkSjku o"kZ ds nkSjku o"kZ ds nkSjku nSfud 31-03-2022 dks
U;wure cdk;k vfèkdre cdk;k vkSlr cdk;k cdk;k
i) jsiks ds vUrxZr csph xbZ izfrHkwfr;ka

35.00 21151.92 946.17 5110.84
,½ ljdkjh izfrHkwfr;k¡
(40.00) (6701.91) (400.15) (1540.53)
0.00 0.00 0.00 0.00
ch½ dkWiksZjsV _.k izfrHkwfr;k¡
(0.00) (0.00) (0.00) (0.00)
0.00 0.00 0.00 0.00
lh½ dksbZ vU; izfrHkwfr;k¡
(0.00) (0.00) (0.00) (0.00)
ii) fjolZ jsiks ds vUrxZr [kjhnh xbZ izfrHkwfr;ka

10.00 27739.18 500.51 30.00
,½ ljdkjh izfrHkwfr;k¡
(5.13) (781.66) (24.80) (0.00)
0.00 0.00 0.00 0.00
ch½ dkWiksZjsV _.k izfrHkwfr;k¡
(0.00) (0.00) (0.00) (0.00)
0.00 0.00 0.00 0.00
lh½ dksbZ vU; izfrHkwfr;k¡
(0.00) (0.00) (0.00) (0.00)
282
3. d) ii) Issuer composition of non-SLR investments
(Amount in ` crore)
Extent of ‘Below
Sr. Extent of Private Extent of ‘Unrated’ Extent of ‘Unlisted’
Issuer Amount Investment Grade’
No. Placement Securities Securities
Securities
(1) (2) (3) (4) (5) (6) (7)
Current Previous Current Previous Current Previous Current Previous Current Previous
Year Year Year Year Year Year Year Year Year Year
a) PSUs 13385.85 12046.54 8685.95 7022.72 265.56 0.00 0.00 0.00 2577.10 2466.33
b) FIs 7622.74 11847.21 5691.89 8111.88 44.00 0.00 0.00 0.00 0.00 0.00
c) Banks 6131.67 6339.24 3130.80 2698.79 1662.00 1575.02 0.00 0.00 0.00 0.00
d) Private Corporates 10063.10 9736.84 8719.08 7802.18 5505.16 543.63 0.00 0.00 0.00 0.00
e) Subsidiaries/ Joint 3351.54 3205.02 3351.54 3205.02 664.01 341.59 0.00 0.00 0.00 0.00
Ventures
f) Others* 71767.61 69444.25 10097.86 9567.15 72.22 662.70 0.00 0.00 0.00 0.00
g) Less: Provision 6922.28 6880.53 3126.31 3633.25 4497.05 710.00 0.00 0.00 0.00 0.00
held towards
depreciation
Total ** 105400.23 105738.57 36550.81 34774.49 3715.90 2412.94 0.00 0.00 2577.10 2466.33
*Others include special Govt. Securities of ` 56388.01Crore (previous year ` 57769.30Crore) [Net of depreciation, if any]
**Amounts reported under columns 4, 5, 6 and 7 above may not be mutually exclusive.
3. e) Repo transactions (in face value terms)

(Amount in ` crore)
Minimum Maximum Daily average

Outstanding as on
outstanding during outstanding during outstanding during
31.03.2022
the Year the Year the Year
i) Securities sold under repo
35.00 21151.92 946.17 5110.84
a) Government securities
(40.00) (6701.91) (400.15) (1540.53)
0.00 0.00 0.00 0.00
b) Corporate debt securities
(0.00) (0.00) (0.00) (0.00)
0.00 0.00 0.00 0.00
c) Any other securities
(0.00) (0.00) (0.00) (0.00)
ii) Securities purchased under
reverse repo
10.00 27739.18 500.51 30.00
a) Government securities
(5.13) (781.66) (24.80) (0.00)
0.00 0.00 0.00 0.00
b) Corporate debt securities
(0.00) (0.00) (0.00) (0.00)
0.00 0.00 0.00 0.00
c) Any other securities
(0.00) (0.00) (0.00) (0.00)
283
4- vkfLr xq.koÙkk
4- ,½ vfxzeksa vkSj /kkfjr izko/kkuksa dk oxhZdj.k ¼jkf'k ` djksM+ esa½
ekud vutZd
dqy ekud dqy vutZd dqy
voekud lafnX/k gkfu
vfxze vfxze
ldy ekud vfxze vkSj ,uih,
izkjfEHkd 'ks"k 634984.01 22979.98 60327.67 21115.77 104423.42 739407.43
(443450.07) (12532.04) (50291.11) (10655.61) (73478.76) (516928.83)
bZvkschlh vkSj bZ;w,uvkbZ ds lekesyu ds dkj.k ifjo/kZu 0.00

(31686.38)
tksM+sa % o"kZ ds nkSjku fd, x, izko/kku lfgr lkeatL; dk 24743.67

izHkko] ;fn dksbZ gks (28939.83)
?kVk,a% o"kZ ds nkSjku dVkSrh* 36719.05

(29681.55)
vafre 'ks"k 692656.32 16401.47 59009.18 17037.39 92448.04 785104.36
(634984.01) (22979.98) (60327.67) (21115.77) (104423.42) (739407.43)
*ds dkj.k ldy ,uih, esa deh%

i½ mUUk; 5253.26 5253.26
(2363.04) (2363.04)
ii½ olwyh ¼mUu;u [kkrksa ls olwyh dks NksM+dj½ 9466.65 9466.65

(11441.53) (11441.53)
iii½ [email protected] cês [kkrs esa Mkyuk 18139.36 18139.36

(12202.43) (12202.43)
iv½ mijksDr ¼iii½ ds rgr mu ds vykok vU; dks cês 3859.78 3859.78
[kkrs esa Mkyuk (3674.55) (3674.55)
ekud vutZd
voekud lafnX/k gkfu
vfxze vfxze
izko/kku ¼mrkj&p<+ko izko/kkuksa dks NksM+dj½
4755.91 4089.89 40003.31 21034.65 65127.85 69883.76
/kkfjr izko/kkuksa dk izkjafHkd 'ks"k (2782.43) (2299.41) (32315.53) (10868.29) (45483.23) (48265.66)
bZvkschlh vkSj bZ;w,uvkbZ ds 0.00
lekesyu ds dkj.k ifjo/kZu (20367.09)
0.00
lkeatL; tksM+sa (451.17)
tksM+sa% o"kZ ds nkSjku fd, x, u, 19938.02
izkoèkku (23643.62)
?kVk,a% vfrfjä izko/kku fjolZM@cês 28209.24
[kkrs esa Mkys x, _.k (24817.26)
5986.96 2649.76 37253.77 16953.10 56856.63 62843.59
/kkfjr izko/kkuksa dk vafre 'ks"k (4755.91) (4089.89) (40003.31) (21034.65) (65127.85) (69883.76)
284
4. Asset Quality
4. a) Classification of advances and provisions held (Amount in ` crore)
Standard Non-Performing
Total Total Non- Total
Sub-
Standard Doubtful Loss Performing
standard
Advances Advances
Gross Standard Advances and NPAs
634984.01 22979.98 60327.67 21115.77 104423.42 739407.43
Opening Balance
(443450.07) (12532.04) (50291.11) (10655.61) (73478.76) (516928.83)
Addition on account of amalgamation of eOBC and 0.00
eUNI (31686.38)
Add: Additions during the Year including effect of 24743.67
harmonization, if any (28939.83)
36719.05
Less: Reductions during the Year *
(29681.55)
692656.32 16401.47 59009.18 17037.39 92448.04 785104.36
Closing balance
(634984.01) (22979.98) (60327.67) (21115.77) (104423.42) (739407.43)
*Reductions in Gross NPAs due to:
5253.26 5253.26
i) Upgradation (2363.04) (2363.04)
ii) Recoveries (excluding recoveries from 9466.65 9466.65
upgraded accounts) (11441.53) (11441.53)
18139.36 18139.36
iii) Technical/ Prudential Write-offs (12202.43) (12202.43)
iv) Write-offs other than those under (iii) 3859.78 3859.78
above (3674.55) (3674.55)
Total Non- Total
Total Standard
Sub- standard Doubtful Loss Performing
Advances
Advances
Provisions (excluding Floating Provisions)
Opening balance of provisions 4755.91 4089.89 40003.31 21034.65 65127.85 69883.76
held (2782.43) (2299.41) (32315.53) (10868.29) (45483.23) (48265.66)
Addition on account of 0.00
amalgamation of eOBC and eUNI (20367.09)
0.00
Add Harmonisation
(451.17)
Add: Fresh provisions made 19938.02
during the Year (23643.62)
Less: Excess provision reversed/ 28209.24
Write-off loans (24817.26)
Closing balance of provisions 5986.96 2649.76 37253.77 16953.10 56856.63 62843.59
held (4755.91) (4089.89) (40003.31) (21034.65) (65127.85) (69883.76)
285
ekud vutZd
dqy ekud voekud lafnX/k gkfu dqy vutZd dqy
vfxze vfxze
fuoy ,uih,
izkjfEHkd 'ks"k 18890.10 19604.48 81.12 38575.70
(10232.64) (16986.26) (0.00) (27218.90)
tksM+sa% o"kZ ds nkSjku u, ifjo/kZu 17580.49
(21677.98)
?kVk,a% o"kZ ds nkSjku dVkSrh 21247.46
(21421.81)
vafre 'ks"k 13751.71 21072.72 84.30 34908.73 34908.73
(18890.10) (19604.48) (81.12) (38575.70) (38575.70)
ekud vutZd dqy

dqy ekud dqy vutZd
voekud lafnX/k gkfu
vfxze vfxze
vfLFkj izko/kku
0.00
izkjfEHkd 'ks"k (360.25)
bZvkschlh vkSj bZ;w,uvkbZ ds lekesyu 0.00
ds dkj.k ifjo/kZu (24.12)
tksM+sa% o"kZ ds nkSjku fd, x, vfrfjä 0.00
izko/kku (0.00)
0.00
?kVk,a% o"kZ ds nkSjku vkgfjr jkf'k (384.37)
0.00
vfLFkj izko/kkuksa dk vafre 'ks"k (0.00)
ekud vutZd
voekud lafnX/k gkfu
vfxze vfxze
rduhdh cês [kkrs esa Mkyuk vkSj ml ij dh xbZ olwyh
rduhdh@izwMsaf'k;y cV~Vs [kkrs esa 89799.69
Mkys x, [kkrksa dk izkjafHkd 'ks"k (49095.75)
tksM+sa% o"kZ ds nkSjku rduhdh@ 18356.29
çwMsaf'k;y cês [kkrs esa Mkyuk (18040.70)
?kVk,a% o"kZ ds nkSjku iwoZ ds 10855.23
rduhdh@çwMsaf'k;y cês [kkrs esa Mkys (5838.28)
x, [kkrksa ls dh xbZ olwyh
97300.75
vafre 'ks"k (89799.69)
286
Total Non-
Total Standard Sub- Total
Doubtful Loss Performing
Advances standard
Advances
Net NPAs
18890.10 19604.48 81.12 38575.70
Opening Balance
(10232.64) (16986.26) (0.00) (27218.90)
Add: Fresh additions during the 17580.49
year (21677.98)
21247.46
Less: Reductions during the year
(21421.81)
13751.71 21072.72 84.30 34908.73 34908.73
Closing Balance
(18890.10) (19604.48) (81.12) (38575.70) (38575.70)
Total Total Non-
Sub- Total
Standard Doubtful Loss Performing
standard
Advances Advances
Floating Provisions
0.00
Opening Balance
(360.25)
Add: Additional provisions made 0.00
during the Year (0.00)
Less: Amount drawn down during 0.00
the Year (384.37)
Closing balance of floating 0.00
provisions (0.00)
Total Standard Sub- Total Non-Performing Total
Doubtful Loss
Advances standard Advances
Technical write-offs and the recoveries made thereon
Opening balance of Technical/ 89799.69
Prudential written-off accounts (49095.75)
Add: Technical/ Prudential write- 18356.29
offs during the Year (18040.70)
Less: Recoveries made from
10855.23
previously technical/ prudential
(5838.28)
written-off accounts during the Year
97300.75
Closing balance
(89799.69)
287
vuqikr ¼çfr'kr esa½ pkyw o"kZ xr o"kZ
ldy ,uih, ls ldy vfxze 11.78% 14.12%
fuoy ,uih, ls fuoy vfxze 4.80% 5.73%
izko/kku dojst vuqikr 81.60% 80.14%
4- ch½ {ks=kokj vfxze vkSj ldy ,uih,

pkyw o"kZ xr o"kZ
Ø- ml {ks=k esa ml {ks=k esa dqy
{ks=k cdk;k dqy dqy vfxzeksa ds cdk;k dqy vfxzeksa ds ldy
la- ldy ,uih, ldy ,uih,
vfxze ldy ,uih, vfxze ,uih, dk
dk çfr'kr çfr'kr
i½ izkFkfedrk {ks=k
,½ Ñf"k vkSj lac) xfrfof/k;k¡ 105870.98 24354.60 23.00% 103023.38 21481.70 20.85%
ch½ izkFkfedrk&izkIr {ks=k dks mèkkj 45970.12 8005.11 17.41% 45382.05 9544.18 21.03%
ds :i esa ik=k m|ksx {ks=k dks
vfxze
lh½ lsok,a 78632.45 18156.22 23.09% 80409.18 17081.34 21.24%
Mh½ O;fäxr _.k 35188.84 2473.09 7.03% 41086.77 2522.42 6.14%
mi tksM+ ¼i½ 265662.39 52989.02 19.95% 269901.38 50629.64 18.76%
ii½ xSj izkFkfedrk {ks=k

,½ Ñf"k vkSj lac) xfrfof/k;k¡ 18937.52 858.55 4.53% 9799.74 407.97 4.16%
ch½ m|ksx 135356.14 22198.10 16.40% 148470.25 28648.15 19.30%
lh½ lsok,a 143186.03 5567.89 3.89% 139820.54 9771.09 6.99%
Mh½ O;fäxr _.k 221962.28 10834.48 4.88% 171415.52 14966.57 8.73%
mi tksM+ ¼ii½ 519441.97 39459.02 7.60% 469506.05 53793.78 11.46%
dqy ¼i$ii½ 785104.36 92448.04 11.78% 739407.43 104423.42 14.12%
4- lh½ fons'kh vkfLr;ka] ,uih, vkSj jktLo

fooj.k pkyw o"kZ xr o"kZ

dqy vkfLr;ka 43561-22 45802-81
dqy ,uih, 1845-08 2340-67
dqy jktLo 754-81 1365-21
288
Ratios (in per cent) Current Year Previous Year
Gross NPA to Gross Advances 11.78% 14.12%
Net NPA to Net Advances 4.80% 5.73%
Provision coverage ratio 81.60% 80.14%
4. b) Sector-wise Advances and Gross NPAs

(Amount in ` crore)
Current Year Previous Year
Sl. Percentage of Percentage of

Sector Outstanding Outstanding
No. Gross NPAs to Gross NPAs to
Total Gross NPAs Total Gross NPAs
Total Advances Total Advances
Advances Advances
in that sector in that sector
i) Priority Sector
a) Agriculture and allied 105870.98 24354.60 23.00% 103023.38 21481.70 20.85%
activities
b) Advances to industries 45970.12 8005.11 17.41% 45382.05 9544.18 21.03%
sector eligible as
priority sector lending
c) Services 78632.45 18156.22 23.09% 80409.18 17081.34 21.24%
d) Personal Loans 35188.84 2473.09 7.03% 41086.77 2522.42 6.14%
Sub-total (i) 265662.39 52989.02 19.95% 269901.38 50629.64 18.76%
ii) Non Priority Sector

a) Agriculture and allied 18937.52 858.55 4.53% 9799.74 407.97 4.16%
activities
b) Industry 135356.14 22198.10 16.40% 148470.25 28648.15 19.30%
c) Services 143186.03 5567.89 3.89% 139820.54 9771.09 6.99%
d) Personal Loans 221962.28 10834.48 4.88% 171415.52 14966.57 8.73%
Sub-total (ii) 519441.97 39459.02 7.60% 469506.05 53793.78 11.46%
Total (i+ii) 785104.36 92448.04 11.78% 739407.43 104423.42 14.12%
4. c) Overseas assets, NPAs and revenue

(Amount in ` crore)
Particulars Current Year Previous Year

Total Assets 43561.22 45802.81
Total NPAs 1845.08 2340.67
Total Revenue 754.81 1365.21
289
4- Mh½ lek/kku ;kstuk vkSj iquxZBu dk fooj.k
4- Mh½ i½ vkjchvkbZ ifji=k la[;k Mhchvkj-la[;k-chih-chlh- 45@21-04-048@2018&19 fnukad 07-06-2019 ds vuqlkj o"kZ ds nkSjku
dk;kZfUor lek/kku ;kstuk ls lacaf/kr izdVhdj.k
pkyw o"kZ xr o"kZ

fooj.k
[kkrksa dh la[;k jkf'k [kkrksa dh la[;k jkf'k
iquxZBu vkfn ds vèkhu _.k vkfLr;ksa dh dqy 6 346-68 4 1869-24

jkf'k
iquxZBu vkfn ds vèkhu ekud vkfLr;ksa dh jkf'kA 'kwU; 'kwU; 1 300-38
iquxZBu vkfn ds v/khu voekud vkfLr;ksa dh 6 346-68 3 1568-86

jkf'kA
o"kZ ds nkSjku iquxZBu ij bfDoVh ds :ikarj.k ds 1 1-54 1 25-90

dkj.k 'ks;jksa dk vfèkxzg.k
4- Mh½ ii½ nckoxzLr vkfLr;ksa ds lek/kku ds fy, foosdiw.kZ <kaps ij 7 twu 2019 ds vkjchvkbZ ifji=k Mhchvkj uacj chih chlh 45@21-04-
048@2018&19 ds vuqlkj] cSad ds ikl 31 ekpZ] 2022 dks 20 [kkrksa esa 2007-22 djksM+ #i;s dk vfrfjä izko/kku gS ftldk fooj.k
uhps fn;k x;k gS%
vkjchvkbZ ifji=k ls izHkkfor ,uih, ds :i esa oxhZÑr fd, ,uih, ds :i esa oxhZÑr ¼ch½ esa ls 31-03-2022 rd /kkfjr
_.kksa dh jkf'k tkus okys _.k dh jkf'k 31-03-2022 dks _.k dh jkf'k izko/kku
¼,½ ¼ch½ ¼lh½ ¼Mh½
5875-07 4617-59 4617-59 2007-22
31-03-2021 ¼xr o"kZ½

cSad ds ikl 31-03-2021 rd 15 [kkrksa esa ` 2139-28 djksM+ dk vfrfjä izko/kku Fkk] ftldk fooj.k uhps fn;k x;k gS%
vkjchvkbZ ifji=k ls izHkkfor ,uih, ds :i esa oxhZÑr fd, ,uih, ds :i esa oxhZÑr ¼ch½ esa ls 31-03-2021 rd /kkfjr
_.kksa dh jkf'k tkus okys _.k dh jkf'k 31-03-2021 dks _.k dh jkf'k izko/kku
¼,½ ¼ch½ ¼lh½ ¼Mh½
9491-98 3605-06 3605-06 2139-28
290
4. d) Particulars of resolution plan and restructuring
4. d) i) Disclosure related to Resolution Plan implemented during the year in terms of RBI Circular No. DBR.No.BP.
BC.45/21.04.048/2018-19 dated 07.06.2019
(Amount in ` crore)
Particulars
No. of Accts Amount No. of Accts Amount
Total amount of Loan assets subjected to restructuring

6 346.68 4 1869.24
etc.
The amount of standard assets subjected to restructuring

NIL NIL 1 300.38
etc.
The amount of Sub-standard assets subjected to

6 346.68 3 1568.86
restructuring etc.
Acquisition of shares due to conversion of equity on re-

1 1.54 1 25.90
structuring during the year
4. d) ii) In terms of RBI Circular DBR No. BP. BC 45/21.04.048/2018-19 dated June 7, 2019 on Prudential Framework for Resolution
of Stressed Assets, the Bank is holding additional provision of Rs.2007.22 Crore as on March 31, 2022 in 20 accounts
as detailed below:
(Amount in ` crore)
Amount of loans impacted by RBI Amount of Loans to be Amount of loans as on 31.03.2022 out Provision held as on
Circular classified as NPA of (b) classified as NPA 31.03.2022
(a) (b) (c) (d)
5875.07 4617.59 4617.59 2007.22
31.03.2021 (Previous Year)
Bank was holding additional provision of ` 2139.28Crores as on 31.03.2021 in 15 accounts as detailed below:
(Amount in ` crore)
Amount of loans impacted by Amount of Loans to be Amount of loans as on 31.03.2021 out Provision held as on
RBI Circular classified as NPA of (b) classified as NPA 31.03.2021
(a) (b) (c) (d)
9491.98 3605.06 3605.06 2139.28
291
4- Mh½ iii½ iquxZfBr [kkrksa dk izdVhdj.k 31-03-2022 ¼pkyw o"kZ½
la'kksf/kr fn'kkfunsZ'kksa ds vuqlkj iquxZfBr [kkrksa ¼31-03-2022 ds vuqlkj½ dk izdVhdj.k ¼yk[k #i;s esa½
iquxZBu dk izdkj -> lhMhvkj ra=k ds rgr ,l,ebZ _.k iquxZBu ra=k ds rgr vU; dqy
Ø- vo vo
vkfLr oxhZdj.k -> ekud lafnX/k gkfu dqy ekud lafnX/k gkfu dqy ekud vo ekud lafnX/k gkfu dqy vo
la- ekud ekud ekud lafnX/k gkfu dqy
ekud
fooj.k ¼,½ ¼ch½ ¼lh½ ¼Mh½ ¼bZ½ ¼,Q½ ¼th½ ¼,p½ ¼vkbZ½ ¼ts½ ¼ds½ ¼,y½ ¼,e½ ¼,u½ ¼vks½
m/kkjdrkZvksa 0 3 3 0 6 459 26 19 1 505 3,892 4 17 0 3913 4,351 33 39 1 4,424
1 vizSy 2021 dks dh la[;k
1 iquxZfBr [kkrs cdk;k jkf'k 0.00 21204.53 59188.94 0.00 80393.47 17,284.37 23588.98 8375.25 4.03 49252.63 2,19,909.53 19296.52 118186.22 0.00 357392.27 2,37,193.90 64,090.03 1,85,750.41 4.03 4,87,038.38
¼çkjafHkd vkadM+s*½
mä esa izko/kku 0.00 484.74 500.96 0.00 985.70 1,997.62 1374.19 1402.34 4.03 4778.18 12,716.16 5363.00 780.42 0.00 18859.58 14,713.78 7,221.93 2,683.72 4.03 24,623.46
m/kkjdrkZvksa 0 1 1 0 2 0 0 0 0 0 1,737 1665 760 0 4162 1,737 1,666 761 0 4,164

o"kZ 2021&22 ds
dh la[;k
2
nkSjku u, iquxZBu
0.00 3025.03 13951.36 0 16976.39 0.00 477.98 0.00 0 477.98 2,48,364.48 5905.34 23169.18 0.00 277439.00 2,48,364.48 9,408.35 37,120.54 0.00 2,94,893.37
¼ekStwnk [kkrksa esa vks cdk;k jkf'k
@ ,l esa o`f)½ mä esa izko/kku 0.00 1.65 285.88 0.00 287.53 63.85 233.71 630.85 0.00 928.41 10,252.01 264.86 5593.65 0.00 16110.52 10,315.86 500.22 6,510.38 0.00 17,326.46
m/kkjdrkZvksa 0 0 0 0 0 2 -2 0 0 0 3585 7 0 0 3592 3,587 5 0 0 3,592

foÙk o"kZ 2021&22
dh la[;k
3
ds nkSjku iquxZfBr
cdk;k jkf'k 0.00 0.00 0.00 0.00 0.00 142.33 -142.33 0.00 0.00 0.00 0.00 97058.69 0.00 0.00 97058.69 142.33 96,916.36 0.00 0.00 97,058.69
ekud Js.kh esa
vixzsMs'ku mä esa izko/kku 0.00 0.00 0.00 0.00 0.00 12.30 -12.30 0.00 0.00 0.00 0.00 1091.45 0 0.00 1091.45 12.30 1,079.15 0.00 0.00 1,091.45
foÙk o"kZ 2021&22 m/kkjdrkZvksa 0 0 0 0 0 0 0 -3 0 -3 -1 0 0 0 -1 -1 0 -3 0 -4

dh 'kq#vkr esa dh la[;k
iquxZfBr ekud 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2147.80 0.00 -2147.80 -2642.54 0 0 0.00 -2642.54 -2,642.54 0.00 -2,147.80 0.00 -4,790.34
292
cdk;k jkf'k
vfxze] tks foÙk
o"kZ 2021&22
ds var esa mPp
izkoèkku vkSj@;k
4 vfrfjä tksf[ke
Hkkj dks jksdrk gS
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -682.27 0.00 -682.27 -132.13 0 0 0.00 -132.13 -132.13 0.00 -682.27 0.00 -814.40
vkSj blfy, vxys mä esa izko/kku
foÙkh; o"kZ dh
'kq#vkr esa iquxZfBr
ekud vfxze ds
:i esa fn[kkus dh
vko';drk ugha gSA
foÙk o"kZ 2021&22 m/kkjdrkZvksa 0 -2 0 0 -2 -176 27 129 20 0 -2509.00 -4 0 0 -2513 -2,685 21 129 20 -2,515
ds nkSjku dh la[;k
5
cdk;k jkf'k 0.00 -17228.55 0.00 0.00 -17228.55 -11,153.95 -19392.99 20,583.53 9963.39 -0.02 -3593.48 -19605.35 0 0.00 -23198.83 -14,747.43 -56,226.89 20,583.53 9,963.39 -40,427.40
iquxZfBr [kkrksa dk
MkmuxzsMs'ku mä esa izko/kku 0.00 -263.55 0.00 0.00 -263.55 -1,523.11 -29.51 1273.63 3106.75 2827.76 -358.92 -5415.46 0 0.00 -5774.38 -1,882.03 -5,708.52 1,273.63 3,106.75 -3,210.17
foÙk o"kZ 2021&22 m/kkjdrkZvksa 0 0 -1 0 -1 -52 -4 -4 -21 -81 0.00 -1.00 -3 0 -4 -52 -5 -8 -21 -86
ds nkSjku iquxZfBr dh la[;k
6
[kkrksa dks cV~Vs [kkrs cdk;k jkf'k 0.00 0.00 -739.43 0.00 -739.43 -784.70 0.00 -159.97 -9967.42 -10912.09 0.00 -601.40 -42107.73 0.00 -42709.13 -784.70 -601.40 -43,007.13 -9,967.42 -54,360.65
esa Mkyuk ¼fudkl½ mä esa izko/kku 0.00 0.00 0.00 0.00 0.00 -13.66 -153.57 0.00 -3110.78 -3278.01 -5768.25 -762.12 -491.77 0.00 -7022.14 -5,781.91 -915.69 -491.77 -3,110.78 -10,300.15
7
31 ekpZ] 2022 rd m/kkjdrkZvksa 0 1 3 0 5 233 47 141 0 421 6,704 1,671 774 0 9,149 6,937 1,719 918 0 9,574
[kkrksa dk iquxZBu dh la[;k
¼vafre vkadM+s½ cdk;k jkf'k 0.00 7,001.01 72,400.87 0.00 79,401.88 5,488.05 4,531.64 26,651.01 0 36,670.70 4,62,037.99 1,02,053.80 99,247.67 0 6,63,339.46 4,67,526.04 1,13,586.45 1,98,299.55 0.00 7,79,412.05
mä esa izko/kku 0.00 222.83 786.84 0.00 1,009.67 537.00 1,412.52 2,624.55 0 4,574.07 16,708.87 541.73 5,882.30 0 23,132.90 17,245.87 2,177.08 9,293.69 0.00 28,716.64
4. d) iii) Disclosure of Restructured Accounts 31.03.2022 (Current Year)
Disclosure of Restructured Accounts (As on 31.03.2022) as per revised guidelines
(Rs in lakhs)
Type of Restructuring -> Under CDR Mechanism Under SME Debt Restructuring Mechanism Others Total
Sl Sub- Sub- Sub-Stand-

Asset Classification -> Standard Doubtful Loss Total Standard Doubtful Loss Total Standard Doubtful Loss Total
No Standard Stand-ard ard Sub-Stand-
Standard Doubtful Loss Total
ard
Details (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o)
No. of borrowers 0 3 3 0 6 459 26 19 1 505 3,892 4 17 0 3913 4,351 33 39 1 4,424

Restructured
Accounts as on April Amount
1 0.00 21204.53 59188.94 0.00 80393.47 17,284.37 23588.98 8375.25 4.03 49252.63 2,19,909.53 19296.52 118186.22 0.00 357392.27 2,37,193.90 64,090.03 1,85,750.41 4.03 4,87,038.38
1 2021 (opening outstanding
figures)
Provision
0.00 484.74 500.96 0.00 985.70 1,997.62 1374.19 1402.34 4.03 4778.18 12,716.16 5363.00 780.42 0.00 18859.58 14,713.78 7,221.93 2,683.72 4.03 24,623.46
thereon
No. of borrowers 0 1 1 0 2 0 0 0 0 0 1,737 1665 760 0 4162 1,737 1,666 761 0 4,164
Fresh restructuring
during the year 2021- Amount
2 0.00 3025.03 13951.36 0 16976.39 0.00 477.98 0.00 0 477.98 2,48,364.48 5905.34 23169.18 0.00 277439.00 2,48,364.48 9,408.35 37,120.54 0.00 2,94,893.37
22 (plus addition in outstanding
O/s in existing a/cs)
Provision
0.00 1.65 285.88 0.00 287.53 63.85 233.71 630.85 0.00 928.41 10,252.01 264.86 5593.65 0.00 16110.52 10,315.86 500.22 6,510.38 0.00 17,326.46
thereon
No. of borrowers 0 0 0 0 0 2 -2 0 0 0 3585 7 0 0 3592 3,587 5 0 0 3,592

Upgradations
to restructured
Amount
3 standard category 0.00 0.00 0.00 0.00 0.00 142.33 -142.33 0.00 0.00 0.00 0.00 97058.69 0.00 0.00 97058.69 142.33 96,916.36 0.00 0.00 97,058.69
outstanding
during the FY
2021-22 Provision
0.00 0.00 0.00 0.00 0.00 12.30 -12.30 0.00 0.00 0.00 0.00 1091.45 0 0.00 1091.45 12.30 1,079.15 0.00 0.00 1,091.45
thereon
Restructured
standard advances at
No. of borrowers 0 0 0 0 0 0 0 -3 0 -3 -1 0 0 0 -1 -1 0 -3 0 -4
293
the beginning of the
FY 2021-22, which
cease to attract
higher provisioning
and / or additional Amount
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2147.80 0.00 -2147.80 -2642.54 0 0 0.00 -2642.54 -2,642.54 0.00 -2,147.80 0.00 -4,790.34
4 risk weight at outstanding
the end of the FY
2021-22 and hence
need not be shown
as restructured
Provision
standard advances at 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -682.27 0.00 -682.27 -132.13 0 0 0.00 -132.13 -132.13 0.00 -682.27 0.00 -814.40
thereon
next FY
No. of borrowers 0 -2 0 0 -2 -176 27 129 20 0 -2509.00 -4 0 0 -2513 -2,685 21 129 20 -2,515

Downgradations
of restructured Amount
5 0.00 -17228.55 0.00 0.00 -17228.55 -11,153.95 -19392.99 20,583.53 9963.39 -0.02 -3593.48 -19605.35 0 0.00 -23198.83 -14,747.43 -56,226.89 20,583.53 9,963.39 -40,427.40
accounts during the outstanding
FY 2021-22
Provision
0.00 -263.55 0.00 0.00 -263.55 -1,523.11 -29.51 1273.63 3106.75 2827.76 -358.92 -5415.46 0 0.00 -5774.38 -1,882.03 -5,708.52 1,273.63 3,106.75 -3,210.17
thereon
No. of borrowers 0 0 -1 0 -1 -52 -4 -4 -21 -81 0.00 -1.00 -3 0 -4 -52 -5 -8 -21 -86
Write-offs of
restructured Amount
6 0.00 0.00 -739.43 0.00 -739.43 -784.70 0.00 -159.97 -9967.42 -10912.09 0.00 -601.40 -42107.73 0.00 -42709.13 -784.70 -601.40 -43,007.13 -9,967.42 -54,360.65
FY 2021-22 (Exit) Provision
0.00 0.00 0.00 0.00 0.00 -13.66 -153.57 0.00 -3110.78 -3278.01 -5768.25 -762.12 -491.77 0.00 -7022.14 -5,781.91 -915.69 -491.77 -3,110.78 -10,300.15
thereon
Accounts
7 Restructured as on No. of borrowers 0 1 3 0 5 233 47 141 0 421 6,704 1,671 774 0 9,149 6,937 1,719 918 0 9,574
March 31, 2022
"Total Amount
(closing figures) 0.00 7,001.01 72,400.87 0.00 79,401.88 5,488.05 4,531.64 26,651.01 0 36,670.70 4,62,037.99 1,02,053.80 99,247.67 0 6,63,339.46 4,67,526.04 1,13,586.45 1,98,299.55 0.00 7,79,412.05
outstanding"
Provision
0.00 222.83 786.84 0.00 1,009.67 537.00 1,412.52 2,624.55 0 4,574.07 16,708.87 541.73 5,882.30 0 23,132.90 17,245.87 2,177.08 9,293.69 0.00 28,716.64
thereon
31-03-2021 ¼xr o"kZ½
la'kksf/kr fn'kkfunsZ'kksa ds vuqlkj iquxZfBr [kkrksa ¼31-03-2021 ds vuqlkj½ dk izdVhdj.k
¼yk[k #i;s esa½
iquxZBu dk izdkj -> lhMhvkj ra=k ds rgr ,l,ebZ _.k iquxZBu ra=k ds rgr vU; dqy
Ø- vo vo vo
vkfLr oxhZdj.k -> ekud lafnX/k gkfu dqy ekud lafnX/k gkfu dqy ekud lafnX/k gkfu dqy
la- ekud ekud ekud ekud vo ekud lafnX/k gkfu dqy
fooj.k ¼,½ ¼ch½ ¼lh½ ¼Mh½ ¼bZ½ ¼,Q½ ¼th½ ¼,p½ ¼vkbZ½ ¼ts½ ¼ds½ ¼,y½ ¼,e½ ¼,u½ ¼vks½
m/kkjdrkZvksa dh 3 1 22 2 28 437 124 2,467 6 3,034 4721 532 2180 2 7435 5,161 657 4,669 10 10,497
1 vizSy 2021 dks la[;k
1
913.00 28590.50 187018.99 8639.13 225161.62 16,023.21 23,427.85 30,266.83 27,381.78 97,099.67 206699.30 74768.51 240052.27 9381.00 530901.08 223,635.51 126,786.86 457,338.09 45,401.91 853,162.37
iquxZfBr [kkrs
cdk;k jkf'k
¼çkjafHkd vkadM+s*½
mä esa izko/kku 155.00 460.92 1711.43 -0.00 2327.35 3,015.99 1,709.02 19,883.83 27,376.78 51,985.62 9339.65 6165.66 2156.53 -0.00 17661.84 12,510.64 8,335.60 23,751.80 27,376.78 71,974.81
m/kkjdrkZvksa dh 0 3 0 0 3 0 0 7 2 9 984 0 0 0 984.00 984 3 7 2 996

o"kZ 2020&21 ds
la[;k
2
nkSjku u, iquxZBu
¼ekStwnk [kkrksa esa vks cdk;k jkf'k 0.00 21204.53 28758.24 0 49962.77 1,323.47 2,881.17 0.00 6.15 4,210.79 75969.91 0 0 0 75969.91 77,293.38 24,085.70 28,758.24 6.15 130,143.47
@ ,l esa o`f)½ mä esa izko/kku 0.00 555.20 2.77 0.00 557.97 179.20 228.85 457.39 0.00 865.44 6124.84 0 0 0 6124.84 6,304.04 784.05 460.16 0.00 7,548.25
m/kkjdrkZvksa dh 0 0 0 0 0 68 -64 -4 0 0 0 3 7 0 10 68 -61 3 0 10

foÙk o"kZ 2020&21
la[;k
3
ds nkSjku iquxZfBr
ekud Js.kh esa cdk;k jkf'k 0.00 0.00 0.00 0.00 0.00 2,128.38 -2,060.42 -67.96 0.00 0.00 0 2920.74 53001.57 0 55922.31 2,128.38 860.32 52,933.61 0.00 55,922.31
vixzsMs'ku 0.00 0.00 0.00 0.00 0.00 232.59 -233.85 1.26 0.00 0.00 0 87.59 26.75 0 114.34 232.59 -146.26 28.01 0.00 114.34
mä esa izko/kku
foÙk o"kZ 2020&21 m/kkjdrkZvksa dh
dh 'kq#vkr esa 0 0 0 0 0 0 0 0 0 0 -666 0.00 0 0 -666.00 -666 0 0 0 -666
la[;k
iquxZfBr ekud
294
vfxze] tks foÙk cdk;k jkf'k 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1566.68 0.00 0.00 0.00 -1566.68 -1,566.68 0.00 0.00 0.00 -1,566.68
o"kZ 2020&21
ds var esa mPp
izkoèkku vkSj@;k
4 vfrfjä tksf[ke
Hkkj dks jksdrk gS
vkSj blfy, vxys mä esa izko/kku 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -78.33 0.00 0.00 0.00 -78.33 -78.33 0.00 0.00 0.00 -78.33
foÙkh; o"kZ dh
'kq#vkr esa iquxZfBr
ekud vfxze ds
:i esa fn[kkus dh
vko';drk ugha gSA
m/kkjdrkZvksa dh 0 -1 1 3 3 -12 -26 -257 1 -294 0 -6 -7 0 -13 -12 -33 -263 4 -304
foÙk o"kZ 2020&21 la[;k
5
ds nkSjku
cdk;k jkf'k 0.00 -28,590.50 28590.50 19687.23 19687.23 -1,953.19 -617.62 1,835.80 4.03 -730.98 0.00 -22989.47 -28720.04 0.00 -51709.51 -1,953.19 -52,197.59 1,706.26 19,691.26 -32,753.26
iquxZfBr [kkrksa dk
MkmuxzsMs'ku
mä esa izko/kku 0.00 -460.92 460.92 0.00 0.00 -1,132.62 -329.83 923.90 4.03 -534.52 0.00 -26.75 -273.26 0.00 -300.01 -1,132.62 -817.50 1,111.56 4.03 -834.53
m/kkjdrkZvksa dh -3 0 -20 -5 -28 -34 -8 -2,194 -8 -2,244 -1147 -525.00 -2163 -2 -3837 -1,184 -533 -4,377 -15 -6,109
foÙk o"kZ 2020&21 la[;k
6
ds nkSjku iquxZfBr
[kkrksa dks cV~Vs [kkrs cdk;k jkf'k -913.00 0.00 -185178.79 -28326.36 -214418.15 -237.50 -42.00 -23,659.42 -27,387.93 -51,326.85 -61193 -35403.26 -146147.58 -9381.00 -252124.84 -62,343.50 -35,445.26 -354,985.79 -65,095.29 -517,869.84
esa Mkyuk ¼fudkl½
mä esa izko/kku -155.00 -70.47 -1674.16 0.00 -1899.63 -297.54 0.00 -19,864.04 -27,376.78 -47,538.36 -2670 -863.50 -1129.60 0.00 -4663.10 -3,122.54 -933.97 -22,667.80 -27,376.78 -54,101.09
7
31 ekpZ] 2021 rd m/kkjdrkZvksa dh 0 3 3 0 6 459 26 19 1 505 3892 4 17 0 3913 4,351 33 39 1 4,424
[kkrksa dk iquxZBu la[;k
¼vafre vkadM+s½ cdk;k jkf'k 0.00 21,204.53 59,188.94 0.00 80,393.47 17,284.37 23,588.98 8,375.25 4.03 49,252.63 219909.53 19296.52 118186.22 0.00 357392.27 237,193.90 64,090.03 185,750.41 4.03 487,038.38
mä esa izko/kku 0.00 484.73 500.96 -0.00 985.69 1,997.62 1,374.19 1,402.34 4.03 4,778.18 12716.16 5363.00 780.42 -0.00 18859.58 14,713.78 7,221.92 2,683.72 4.03 24,623.46
31.03.2021 (Previous Year)
Disclosure of Restructured Accounts (As on 31.03.2021) as per revised guidelines
(Rs in lakhs)
Type of Restructuring -> Under CDR Mechanism Under SME Debt Restructuring Mechanism Others Total
Sl Sub-Stand- Sub- Sub-

Asset Classification -> Standard Doubtful Loss Total Standard Doubtful Loss Total Standard Doubtful Loss Total
No ard Stand-ard Stand-ard Sub-Stand-
Standard Doubtful Loss Total
ard
Details (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o)
No. of borrowers 3 1 22 2 28 437 124 2,467 6 3,034 4721 532 2180 2 7435 5,161 657 4,669 10 10,497
Restructured
Accounts as on April Amount
1 913.00 28590.50 187018.99 8639.13 225161.62 16,023.21 23,427.85 30,266.83 27,381.78 97,099.67 206699.30 74768.51 240052.27 9381.00 530901.08 223,635.51 126,786.86 457,338.09 45,401.91 853,162.37
1 2020 (opening outstanding
figures*)
Provision
155.00 460.92 1711.43 -0.00 2327.35 3,015.99 1,709.02 19,883.83 27,376.78 51,985.62 9339.65 6165.66 2156.53 -0.00 17661.84 12,510.64 8,335.60 23,751.80 27,376.78 71,974.81
thereon
No. of borrowers 0 3 0 0 3 0 0 7 2 9 984 0 0 0 984.00 984 3 7 2 996

Fresh restructuring
during the year
Amount
2 2020-21 ( plus 0.00 21204.53 28758.24 0 49962.77 1,323.47 2,881.17 0.00 6.15 4,210.79 75969.91 0 0 0 75969.91 77,293.38 24,085.70 28,758.24 6.15 130,143.47
outstanding
addition in O/s in
existing a/cs) Provision
0.00 555.20 2.77 0.00 557.97 179.20 228.85 457.39 0.00 865.44 6124.84 0 0 0 6124.84 6,304.04 784.05 460.16 0.00 7,548.25
thereon
No. of borrowers 0 0 0 0 0 68 -64 -4 0 0 0 3 7 0 10 68 -61 3 0 10

Upgradations
to restructured
Amount
3 standard category 0.00 0.00 0.00 0.00 0.00 2,128.38 -2,060.42 -67.96 0.00 0.00 0 2920.74 53001.57 0 55922.31 2,128.38 860.32 52,933.61 0.00 55,922.31
outstanding
during the FY
2020-21 Provision
0.00 0.00 0.00 0.00 0.00 232.59 -233.85 1.26 0.00 0.00 0 87.59 26.75 0 114.34 232.59 -146.26 28.01 0.00 114.34
thereon
Restructured
standard advances at
No. of borrowers 0 0 0 0 0 0 0 0 0 0 -666 0.00 0 0 -666.00 -666 0 0 0 -666
295
FY 2020-21, which
cease to attract
higher provisioning
and / or additional Amount
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1566.68 0.00 0.00 0.00 -1566.68 -1,566.68 0.00 0.00 0.00 -1,566.68
4 risk weight at outstanding
the end of the FY
2020-21 and hence
need not be shown
as restructured
Provision
standard advances at 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -78.33 0.00 0.00 0.00 -78.33 -78.33 0.00 0.00 0.00 -78.33
thereon
next FY
No. of borrowers 0 -1 1 3 3 -12 -26 -257 1 -294 0 -6 -7 0 -13 -12 -33 -263 4 -304
Downgradations of
restructured Amount
5 0.00 -28,590.50 28590.50 19687.23 19687.23 -1,953.19 -617.62 1,835.80 4.03 -730.98 0.00 -22989.47 -28720.04 0.00 -51709.51 -1,953.19 -52,197.59 1,706.26 19,691.26 -32,753.26
FY 2020-21
Provision
0.00 -460.92 460.92 0.00 0.00 -1,132.62 -329.83 923.90 4.03 -534.52 0.00 -26.75 -273.26 0.00 -300.01 -1,132.62 -817.50 1,111.56 4.03 -834.53
thereon
No. of borrowers -3 0 -20 -5 -28 -34 -8 -2,194 -8 -2,244 -1147 -525.00 -2163 -2 -3837 -1,184 -533 -4,377 -15 -6,109
Write-offs of
restructured Amount
6 accounts during the -913.00 0.00 -185178.79 -28326.36 -214418.15 -237.50 -42.00 -23,659.42 -27,387.93 -51,326.85 -61193 -35403.26 -146147.58 -9381.00 -252124.84 -62,343.50 -35,445.26 -354,985.79 -65,095.29 -517,869.84
outstanding
FY 2020-21
(Exit ) Provision
-155.00 -70.47 -1674.16 0.00 -1899.63 -297.54 0.00 -19,864.04 -27,376.78 -47,538.36 -2670 -863.50 -1129.60 0.00 -4663.10 -3,122.54 -933.97 -22,667.80 -27,376.78 -54,101.09
thereon
Accounts
Restructured
7 No. of borrowers 0 3 3 0 6 459 26 19 1 505 3892 4 17 0 3913 4,351 33 39 1 4,424
as on March 31,
2021
Total Amount
(closing figures*) 0.00 21,204.53 59,188.94 0.00 80,393.47 17,284.37 23,588.98 8,375.25 4.03 49,252.63 219909.53 19296.52 118186.22 0.00 357392.27 237,193.90 64,090.03 185,750.41 4.03 487,038.38
outstanding
Provision
0.00 484.73 500.96 -0.00 985.69 1,997.62 1,374.19 1,402.34 4.03 4,778.18 12716.16 5363.00 780.42 -0.00 18859.58 14,713.78 7,221.92 2,683.72 4.03 24,623.46
thereon
4- Mh½ iv½ 31-03-2022 dks rukoxzLr vkfLr;ksa ¼,l4,½ dh /kkj.kh; lajpuk dh ;kstuk dk izdVhdj.k%
[kkrksa dh la[;k tgka ,l4, cdk;k jkf'k
fooj.k dqy cdk;k jkf'k /kkfjr izko/kku
ykxw fd;k x;k gS Hkkx , esa Hkkx ch esa
pkyw o"kZ
ekud ds :i esa oxhZÑr 2 155-95 58-36 97-59 54-31
,uih, ds :i esa oxhZÑr 7 3560-94 2118-44 1621-54 2805-90
xr o"kZ
ekud ds :i esa oxhZÑr 3 1600-95 472-19 1128-76 695-17
,uih, ds :i esa oxhZÑr 7 2848-14 1883-78 1143-40 2018-27
4- Mh½ v½ 31-03-2022 dks j.kuhfrd _.k iqul±jpuk ;kstuk ij izdVhdj.k

¼[kkrs tks orZeku esa fLFkj vof/k ds varxZr gSa½
[kkrs tgka _.k dk bfDoVh esa ifjorZu yafcr [kkrs tgka _.k dk bfDoVh esa ifjorZu gks
[kkrksa dh la[;k fjiks²Vx frfFk dks cdk;k jkf'k gS] muds laca/k esa fjiks²Vx frfFk dks cdk;k x;k gS] muds laca/k esa fjiks²Vx frfFk dks
tgka ,lMhvkj jkf'k cdk;k jkf'k
ykxw dh xbZ gS ekud ds :i esa ,uih, ds :i ekud ds :i esa ,uih, ds :i esa ekud ds :i esa ,uih, ds :i esa
oxhZÑr esa oxhZÑr oxhZÑr oxhZÑr oxhZÑr oxhZÑr
pkyw o"kZ% 'kwU;
xr o"kZ% 'kwU;
4- Mh½ vi½ j.kuhfrd _.k iqul±jpuk ;kstuk ds ckgj LokfeRo esa ifjorZu ij izdVhdj.k
¼[kkrs tks orZeku esa fLFkj vof/k ds varxZr gSa½%
[kkrs tgka _.k ls bfDoVh [kkrs tgka _.k ls bfDoVh [kkrs tgka u, 'ks;j tkjh djds
esa ifjorZu @ bfDoVh 'ks;jksa esa ifjorZu fd;k x;k gS@ ;k izorZdksa ds bfDoVh dh fcØh
[kkrksa dh la[;k fjiks²Vx frfFk vFkkZr~ 31-03-
dks fxjoh j[kuk yafcr gSa] ds bfDoVh 'ks;jksa dks fxjoh j[kk ls LokfeRo esa ifjorZu gqvk gS]
tgka cSad us Lok- 2022 dks cdk;k jkf'k
laca/k esa fjiks²Vx frfFk dks x;k gS] ds laca/k esa fjiks²Vx ds laca/k esa fjiks²Vx frfFk dks
feRo esa ifjorZu
cdk;k frfFk dks cdk;k cdk;k jkf'k
djus dk fu.kZ;
fy;k gSA
ekud ds :i ,uih, ds :i ekud ds :i ,uih, ds :i ekud ds :i ,uih, ds :i ekud ds :i ,uih, ds :i
esa oxhZÑr esa oxhZÑr esa oxhZÑr esa oxhZÑr esa oxhZÑr esa oxhZÑr esa oxhZÑr esa oxhZÑr
pkyw o"kZ% 'kwU;

xr o"kZ% 'kwU;
4- Mh½ vii½ 31-03-2022 dh fLFkfr ds vuqlkj ekStwnk _.kksa ds fy, vfLFkj lajpuk ds vuqiz;ksx ij izdVhdj.k%
vfLFkj lajpuk esa fy, x, _.kksa dh tksf[ke
vfLFkj lajpuk gsrq fy, x, _.k dh jkf'k
vfLFkj lajpuk esa fy, x, Hkkfjr vkSlr vof/k
vof/k
mèkkjdrkZvksa dh la[;k ,uih, ds :i esa vfLFkj lajpuk ykxw djus vfLFkj lajpuk ykxw
ekud ds :i esa oxhZÑr
oxhZÑr ls igys djus ds ckn
pkyw o"kZ 'kwU;
xr o"kZ 'kwU;
296
4. d) iv) Disclosures on the Scheme for Sustainable Structuring of Stressed Assets (S4A), as on 31.03.2022
(Amount in ` crore)
No. of accounts where Aggregate amount Amount outstanding

Particulars Provision Held
S4A has been applied outstanding In Part A In Part B
Current Year
Classified as Standard 2 155.95 58.36 97.59 54.31
Classified as NPA 7 3560.94 2118.44 1621.54 2805.90
Previous Year
Classified as Standard 3 1600.95 472.19 1128.76 695.17
Classified as NPA 7 2848.14 1883.78 1143.40 2018.27
4. d) v) Disclosures on Strategic Debt Restructuring Scheme
(Accounts which are currently under the stand-still period) as on 31.03.2022
(Amount in ` crore)
Amount outstanding as on the Amount outstanding as on the
No. of
Amount outstanding as on reporting date with respect to reporting date with respect to
accounts
the reporting date accounts where conversion of debt to accounts where conversion of debt
where SDR
equity is pending to equity has been taken place
has been
Classified as Classified as Classified as Classified as
invoked Classified as NPA Classified as NPA
Standard NPA Standard Standard
Current Year: NIL
Previous Year: NIL
4. d) vi) Disclosures on Change in ownership outside Strategic Debt Restructuring Scheme (accounts which are currently
under the stand-still period):
(Amount in ` crore)
Amount outstanding as Amount outstanding as Amount outstanding as

on the reporting date on the reporting date on the reporting date with
No. of
Amount outstanding as with respect to accounts with respect to accounts respect to accounts where
accounts
on the reporting date where conversion of debt where conversion of debt change in ownership is
where banks
i.e. 31.03.2022 to equity/invocation of to equity/invocation of envisaged by issuance
have decided
pledge of equity shares is pledge of equity shares of fresh shares or sale of
to effect
pending has taken place promoters equity
change in
ownership Classified Classified Classified Classified as Classified Classified as Classified Classified as
as Standard as NPA as Standard NPA as Standard NPA as Standard NPA
Current Year: NIL

Previous Year: NIL
4. d) vii) Disclosures on application of Flexible Structuring to Existing Loans as on 31.03.2022:
(Amount in ` crore)
Amount of loans taken up for Exposure weighted average duration of loans

No. of borrowers flexible structuring taken up for flexible structuring
Period taken up for flexibly
Classified as Classified as Before applying After applying flexible
structuring
Standard NPA flexible structuring structuring
Current Year NIL
Previous Year NIL
297
4- Mh½ viii½ dk;kZUo;u ds rgr ifj;kstukvksa ds LokfeRo 4. d) viii) Disclosures on Change in Ownership of Projects
esa ifjorZu ij izdVhdj.k ¼[kkrs tks orZeku esa Under Implementation (accounts which are
LVSaM&fLVy vof/k ds varxZr gSa½% currently under the stand-still period):
No. of Amount outstanding as on the reporting
mu ifj;kstuk fjiks²Vx frfFk vFkkZr 31-03-2022 dks cdk;k project loan date i.e. 31.03.2022
_.k [kkrksa jkf'k accounts Classified as Classified Classified as
dh la[;k ekud ds ekud iquxZfBr ,uih, where Standard as Standard NPA
tgka cSadksa us :i esa ds :i esa ds :i esa banks have restructured
LokfeRo esa oxhZÑr oxhZÑr oxhZÑr decided
ifjorZu djus to effect
dk fu.kZ; change in
fy;k gS ownership
pkyw o"kZ% 'kwU; Current Year: NIL
xr o"kZ% 'kwU; Previous Year: NIL
4- bZ½ vkfLr oxhZdj.k vkSj izko/kku esa fopyu 4. e) Divergence in Asset Classification and Provisioning
vkjchvkbZ ifji=k la- Mhchvkj-chihchlh la- 32@21-04-018@2018&19 As per RBI Circular No.DBR.BP.BC No.32/21.04.018/2018-19
fnukad 1 vizSy] 2019 ds vuqlkj] vkjchvkbZ }kjk ewY;kadu fd, x, dated April 1, 2019, in case the additional provisioning for NPA
,uih, ds fy, vfrfjä izko/kkuhdj.k ds ekeysa esa izko/kkuksa vkSj assessed by RBI exceeds 10% of the reported profit before
lacafèkr vof/k ds fy, vkdfLedrkvksa ls igys lwfpr ykHk dk 10% provisions and contingencies for the reference period and /
ls vfèkd izko/kku gS vkSj@;k vkjchvkbZ }kjk fpfUgr vfrfjä ldy or additional gross NPAs identified by RBI exceed 15% of the
,uih, lanHkZ vof/k ds fy, izdkf'kr o`f)'khy ldy ,uih, ds 15% published incremental Gross NPAs for the reference period,
ls vf/kd gS] rks cSadksa dks vk; ekU;rk] vkfLr oxhZdj.k vkSj izko/kku ij then the banks are required to disclose divergence from
foosdiw.kZ ekunaMksa ls fopyu dk [kqyklk djuk vko';d gSA prudential norms on income recognition, assets classification
and provisioning.
mijksä ifji=k ds lanHkZ esa fopyu] Åij fu£n"V lhek ds Hkhrj gSa] Divergences in terms of above circular, are within threshold
blfy, foÙk o"kZ 2021 ds fy, vkjchvkbZ dh ok£"kd i;Zos{kh izfØ;k ds limits as specified above, hence no disclosure is required with
laca/k esa dksbZ izdVhdj.k vko';d ugha gSA respect to RBI’s annual supervisory process for FY 2021.
¼xr o"kZ% vkjchvkbZ ifji=k la- Mhchvkj-chihchlh la- 32@21-04- (Previous year: As per RBI Circular No.DBR.BPBC No.32/
018@2018&19 fnukad 1 vizSy] 2019 ds vuqlkj] vkjchvkbZ }kjk 21.04.018/2018-19 dated April 1, 2019, in case the additional
ewY;kadu fd, x, ,uih, ds fy, vfrfjä izko/kkuhdj.k ds ekeysa provisioning for NPA assessed by RBI exceeds 10% of the
esa izko/kkuksa vkSj lacaf/kr vof/k ds fy, vkdfLedrkvksa ls igys lwfpr reported profit before provisions and contingencies for the
ykHk dk 10% ls vf/kd izko/kku gS vkSj@;k vkjchvkbZ }kjk fpfUgr reference period and /or additional gross NPAs identified by
vfrfjä ldy ,uih, lanHkZ vof/k ds fy, izdkf'kr o`f)'khy ldy RBI exceeds 15% of the published incremental Gross NPAs for
,uih, ds 15% ls vf/kd gS] rks cSadksa dks vk; ekU;rk] vkfLr oxhZdj.k the reference period, then the banks are required to disclose
vkSj izkoèkku ij foosdiw.kZ ekunaMksa ls fopyu dk [kqyklk djuk divergence from prudential norms on income recognition,
vko';d gSA assets classification and provisioning.
mijksä ifji=k ds lanHkZ esa fopyu] Åij fu£n"V lhek ds Hkhrj gSa] Divergences in terms of above circular, are within threshold
blfy, foÙkh; o"kZ 2020 ds fy, vkjchvkbZ dh ok£"kd i;Zos{kh izfØ;k limits as specified above, hence no disclosure is required with
ds laca/k esa fdlh izdVhdj.k dh vko';drk ugha gS½A respect to RBI’s annual supervisory process for FY 2020).
4- ,Q½ _.k ,Dlikstj ds gLrkarj.k dk izdVhdj.k% vU; 4. f) Disclosure of transfer of loan exposures: Total
laLFkkvksa ls @ dks gLrkarfjr vkSj izkIr fd, x, amount of loan not in default / stressed loans
_.k dh dqy jkf'k] tks pwd@ncko _.kksa esa ugha gS% transferred and acquired to / from other entities:
vkjchvkbZ ds ifji=k la[;k Mhvksvkj-,lVhvkj-vkjbZlh- 51@21-04- In accordance with RBI circular no. DOR. STR. REC. 51/
048@2021&22 fnukad 24 flracj] 2021 ds vuqlkj] 31 ekpZ] 2022 21.04.048/2021-22 dated September 24, 2021, the details of
298
dks lekIr foÙkh; o"kZ ds nkSjku gLrkarfjr@vfèkxzfgr _.kksa dk fooj.k loans transferred/acquired during the FY ended March 31, 2022
uhps fn;k x;k gS% are given below:
4- ,Q½ i½ _.k tks pwd esa ugha] gLrkarfjr fd, x,% 4. f) i) Loans not in default transferred:
(Amount in ` crore)
31-03-2022 & pkyw o"kZ 31-03-2021 & xr o"kZ 31.03.2022 - Current year 31.03.2021 - Previous Year
'kwU; 'kwU; NIL NIL
_.k tks pwd esa ugha] vf/kxzfgr fd, x,% Loans not in default acquired:
31-03-2022 & pkyw o"kZ 31.03.2022 - Current year
'kwU; NIL
31-03-2021 & xr o"kZ% leuqns'ku ds ek/;e ls vf/kxzfgr _.k% 31.03.2021 - Previous Year: Loan acquired through assignment:
fooj.k ewY; Particulars Value
` 499.50 ` 499.50
Hkkfjr vkSlr ifjiDork 18 ekg Weighted average maturity 18 months

Hkkfjr vkSlr /kkj.k vof/k 3 ekg Weighted average holding period 3 months
ykHkdkjh vk£Fkd fgrksa dh vo/kkj.k 10.00% Retention of beneficial economic interest 10.00%
ewrZ izfrHkwfr dojst 150.12% Tangible security coverage 150.12%
Js.khÑr _.kksa dk Js.kh okj forj.k ykxw ugha Rating wise distribution of rated loans NA
4- ,Q½ ii½ o"kZ ds nkSjku gLrkarfjr nckoxzLr _.kksa dk 4. f) ii) Details of stressed Loans transferred during the
fooj.k & ,l,e, ds :i esa oxhZÑr _.k% Year - loans classified as SMA:
31-03-2022 pkyw o"kZ 31.03.2022 Current Year
vU; vuqer (all Amount in ` crore) To To To other permitted

vuqer ARCs permitted transferees (please
,vkjlh varfjfr;ksa ds transferees specify)
¼dqy jkf'k ` djksM+ esa½ varfjfr;ksa
dks fy, ¼Ñi;k
ds fy, No. of accounts NIL NIL NIL
fu£n"V djsa½
[kkrksa dh la[;k 'kwU; 'kwU; 'kwU; Aggregate principal NIL NIL NIL
outstanding of loans
gLrkarfjr _.kksa dk cdk;k 'kwU; 'kwU; 'kwU; transferred
dqy ewy/ku Weighted average NIL NIL NIL
gLrkarfjr _.kksa dh Hkkfjr 'kwU; 'kwU; 'kwU; residual tenor of the
loans transferred
vkSlr vof'k"V vof/k
gLrkarfjr _.kksa dk fuoy 'kwU; 'kwU; 'kwU; Net book value of loans NIL NIL NIL
transferred (at the time
cgh ewY; ¼gLrkarj.k ds of transfer)
le;½
Aggregate consideration NIL NIL NIL
dqy izfrQy 'kwU; 'kwU; 'kwU;
Additional consideration NIL NIL NIL
iwoZ ds o"kks± esa gLrkarfjr 'kwU; 'kwU; 'kwU; realized in respect of
[kkrksa ds laca/k esa vfrfjä accounts transferred in
izfrQy dh olwyh earlier years
nckoxzLr _.kksa dh fcØh 'kwU; 'kwU; 'kwU; Quantum of excess NIL NIL NIL
ds dkj.k ykHk vkSj gkfu Provision reversed
to the Profit & Loss
[kkrs esa okil dh xbZ account on account of
vfrfjä izko/kku dh ek=kk sale of stressed loans
299
31-03-2021 xr o"kZ 31.03.2021 Previous Year
To other
vU; vuqer
vuqer (all Amount in ` To To permitted permitted
¼dqy jkf'k ` ,vkjlh varfjfr;ksa ds
varfjfr;ksa crore) ARCs transferees transferees
djksM+ esa½ dks fy, ¼Ñi;k
ds fy, (please specify)
fu£n"V djsa½
No. of accounts NIL NIL NIL
[kkrksa dh la[;k 'kwU; 'kwU; 'kwU;
Aggregate principal NIL NIL NIL
gLrkarfjr _.kksa dk 'kwU; 'kwU; 'kwU; outstanding of
cdk;k dqy ewy/ku loans transferred
Weighted average NIL NIL NIL
gLrkarfjr _.kksa 'kwU; 'kwU; 'kwU; residual tenor
dh Hkkfjr vkSlr of the loans
vof'k"V vof/k transferred
gLrkarfjr _.kksa 'kwU; 'kwU; 'kwU; Net book value of NIL NIL NIL
dk fuoy cgh ewY; loans transferred
¼gLrkarfjr ds (at the time of
le;½ transfer)
Aggregate NIL NIL NIL
dqy izfrQy 'kwU; 'kwU; 'kwU; consideration
Additional NIL NIL NIL
iwoZ ds o"kks± esa 'kwU; 'kwU; 'kwU; consideration
gLrkarfjr [kkrksa ds realized in respect
laca/k esa vfrfjä of accounts
izfrQy dh olwyh transferred in
earlier years
nckoxzLr _.kksa 'kwU; 'kwU; 'kwU;
dh fcØh ds dkj.k Quantum of excess NIL NIL NIL
ykHk vkSj gkfu [kkrs Provision reversed
esa okil dh xbZ to the Profit & Loss
account on account
vfrfjä izko/kku
of sale of stressed
dh ek=kk
loans
4- ,Q½ iii½ o"kZ ds nkSjku v£tr nckoxzLr _.kksa dk fooj.k 4. f) iii) Details of stressed Loans acquired during the
& ,l,e, ds :i esa oxhZÑr _.k% Year - loans classified as SMA:
31-03-2022 pkyw o"kZ 31.03.2022 Current Year
From SCBs, RRBs, UCBs,

gkm¯lx Qkbusal daifu;ksa ¼,p,Qlh½
¼dqy jkf'k ` djksM+ ,vkjlh (all Amount in ` StCBs, DCCBs, AIFs, SFBs and From
lfgr ,llhch] vkjvkjch] ;wlhch]
esa½ ,lVhlhch] Mhlhlhch] ,vkbZ,Q] ls crore) NBFCs including Housing ARCs
,l,Qch vkSj ,uch,Qlh ls Finance Companies (HFCs)
Aggregate NIL NIL
v£tr _.kksa dk 'kwU; 'kwU;
principal
cdk;k dqy ewy/ku
outstanding of
Hkqxrku fd;k x;k 'kwU; 'kwU; loans acquired
dqy izfrQy Aggregate NIL NIL
vf/kxzghr _.kksa 'kwU; 'kwU; consideration paid
dh Hkkfjr vkSlr Weighted average NIL NIL
vof'k"V vof/k residual tenor of
loans acquired
300
gkm¯lx Qkbusal daifu;ksa From SCBs, RRBs, UCBs, StCBs,

¼,p,Qlh½ lfgr ,llhch] (all Amount in ` DCCBs, AIFs, SFBs and NBFCs From
¼dqy jkf'k ` ,vkjlh
vkjvkjch] ;wlhch] ,lVhlhch] crore) including Housing Finance ARCs
djksM+ esa½ ls
Mhlhlhch] ,vkbZ,Q] ,l,Qch Companies (HFCs)
vkSj ,uch,Qlh ls Aggregate principal NIL NIL
v£tr _.kksa dk 'kwU; 'kwU; outstanding of
cdk;k dqy ewy/ku loans acquired
Aggregate NIL NIL
Hkqxrku fd;k x;k 'kwU; 'kwU;
consideration paid
dqy izfrQy
Weighted average NIL NIL
vf/kxzghr _.kksa 'kwU; 'kwU;
residual tenor of
dh Hkkfjr vkSlr loans acquired
vof'k"V vof/k
4. f) iv) Details of stressed Loans transferred during the
4- ,Q½ iv½ o"kZ ds nkSjku gLrkarfjr fd, x, nckoxzLr _.kksa Year - loans classified as NPA:
dk fooj.k & ,uih, ds :i esa oxhZÑr _.k%
31.03.2022 Current Year
31-03-2022 pkyw o"kZ
To To other
(all Amount in `
To ARCs permitted transferees
vU; vuqer crore)
vuqer transferees (please specify)
¼dqy jkf'k ` ,vkjlh varfjfr;ksa ds No. of accounts 4 NIL NIL
varfjfr;ksa
djksM+ esa½ dks fy, ¼Ñi;k
ds fy, Aggregate 2421.42 NIL NIL
fu£n"V djsa½
principal
[kkrksa dh la[;k 4 'kwU; 'kwU; outstanding of
loans transferred
gLrkarfjr _.kksa 2421-42 'kwU; 'kwU; Weighted NIL NIL NIL
dk cdk;k dqy average residual
ewy/ku tenor of the
gLrkarfjr _.kksa 'kwU; 'kwU; 'kwU; loans transferred
dh Hkkfjr vkSlr Net book value of 198.17 NIL NIL
vof'k"V vof/k loans transferred
(at the time of
gLrkarfjr _.kksa 198-17 'kwU; 'kwU; transfer)
dk fuoy cgh Aggregate 1057.64 NIL NIL
ewY; ¼gLrkarj.k ds consideration
le;½ Additional 17.15 NIL NIL
dqy izfrQy 1057-64 'kwU; 'kwU; consideration
realized in
iwoZ ds o"kks± esa 17-15 'kwU; 'kwU; respect of
gLrkarfjr [kkrksa ds accounts
transferred in
laca/k esa vfrfjä
earlier years
izfrQy dh olwyh
Quantum of 859.47 NIL NIL
nckoxzLr _.kksa 859-47 'kwU; 'kwU; excess Provision
dh fcØh ds dkj.k reversed to the
ykHk vkSj gkfu [kkrs Profit & Loss
esa okil dh xbZ account on
vfrfjä izkoèkku account of sale of
dh ek=kk stressed loans
301
To To other
¼dqy jkf'k vU; vuqer (all Amount in ` To
vuqer permitted transferees
` djksM+ esa½ ,vkjlh varfjfr;ksa ds crore) ARCs
varfjfr;ksa transferees (please specify)
dks fy, ¼Ñi;k
ds fy, No. of accounts 1 NIL NIL
fu£n"V djsa½
Aggregate principal 18.31 NIL NIL
[kkrksa dh la[;k 1 'kwU; 'kwU; outstanding of loans
transferred
gLrkarfjr _.kksa dk 18-31 'kwU; 'kwU;
cdk;k dqy ewy/ku Weighted average NIL NIL NIL
residual tenor of the
gLrkarfjr _.kksa dh 'kwU; 'kwU; 'kwU; loans transferred
Hkkfjr vkSlr vof'k"V Net book value of 0.00 NIL NIL
vof/k loans transferred (at
the time of transfer)
gLrkarfjr _.kksa 0-00 'kwU; 'kwU;
dk fuoy cgh ewY; Aggregate 11.01 NIL NIL
consideration
¼gLrkarfjr ds le;½
Additional 88.25 NIL NIL
dqy izfrQy 11-01 'kwU; 'kwU; consideration
realized in respect
iwoZ ds o"kks± esa gLrkarfjr 88-25 'kwU; 'kwU; of accounts
[kkrksa ds laca/k esa transferred in
vfrfjä izfrQy dh earlier years
olwyh Quantum of excess 11.01 NIL NIL
nckoxzLr _.kksa dh 11-01 'kwU; 'kwU; Provision reversed
fcØh ds dkj.k ykHk to the Profit & Loss
vkSj gkfu [kkrs esa account on account
of sale of stressed
okil dh xbZ vfrfjä
loans
izkoèkku dh ek=kk
4. f) v) Details of stressed Loans acquired during the
4- ,Q½ v½ o"kZ ds nkSjku v£tr nckoxzLr _.kksa dk fooj.k Year - loans classified as NPA:
& ,uih, ds :i esa oxhZÑr _.k%
31.03.2022 Current Year
31-03-2022 pkyw o"kZ
From SCBs, RRBs, UCBs,
gkm¯lx Qkbusal daifu;ksa (all Amount in ` StCBs, DCCBs, AIFs, SFBs and From
¼,p,Qlh½ lfgr ,llhch] crore) NBFCs including Housing ARCs
¼dqy jkf'k ` ,vkjlh
vkjvkjch] ;wlhch] ,lVhlhch] Finance Companies (HFCs)
djksM+ esa½ ls
Mhlhlhch] ,vkbZ,Q] ,l,Qch
vkSj ,uch,Qlh ls Aggregate principal NIL NIL
outstanding of loans
v£tr _.kksa 'kwU; 'kwU; acquired
dk cdk;k dqy
ewyèku Aggregate NIL NIL
Hkqxrku fd;k x;k 'kwU; 'kwU; consideration paid
dqy izfrQy Weighted average NIL NIL
vf/kxzghr _.kksa 'kwU; 'kwU; residual tenor of
dh Hkkfjr vkSlr loans acquired
vof'k"V vof/k
302
gkm¯lx Qkbusal daifu;ksa From SCBs, RRBs, UCBs,

¼,p,Qlh½ lfgr ,llhch] (all Amount in ` StCBs, DCCBs, AIFs, SFBs and From
¼dqy jkf'k ` ,vkjlh crore) NBFCs including Housing ARCs
vkjvkjch] ;wlhch] ,lVhlhch]
djksM+ esa½ ls Finance Companies (HFCs)
Mhlhlhch] ,vkbZ,Q] ,l,Qch
vkSj ,uch,Qlh ls Aggregate NIL NIL
v£tr _.kksa 'kwU; 'kwU; principal
dk cdk;k dqy outstanding of
ewyèku loans acquired
Hkqxrku fd;k x;k 'kwU; 'kwU; Aggregate NIL NIL

dqy izfrQy consideration paid
vf/kxzghr _.kksa 'kwU; 'kwU; Weighted average NIL NIL

dh Hkkfjr vkSlr residual tenor of
vof'k"V vof/k loans acquired
4- ,Q½ vi½ 31 ekpZ] 2022 rd ØsfMV js¯Vx ,tsafl;ksa }kjk ,sls 4. f) vi) Distribution of the SRs held across the various
,lvkj dks lkSaih xbZ olwyh js¯Vx dh fofHkUUk Jsf.k;ksa esa categories of Recovery Ratings assigned to such
/kkfjr ,lvkj dk forj.k% SRs by the credit rating agencies as on March 31,
2022:
Book Value Book Value

cgh ewY; cgh ewY; Recovery Rating Band
olwyh js¯Vx cSaM 31.03.2022 31.03.2021
31-03-2022 31-03-2021
RR1+ 0.00 9.47
vkjvkj1$ 0-00 9-47
vkjvkj 1 446-58 1060-09 RR1 446.58 1060.09
vkjvkj 2 354-76 342-15 RR2 354.76 342.15
vkjvkj 3 365-29 527-99 RR3 365.29 527.99
vkjvkj 4 434-70 77-25 RR4 434.70 77.25
vkjvkj 5 4-40 26-50 RR5 4.40 26.50
js¯Vx okil yh xbZ 86-78 70-32 Rating Withdrawn 86.78 70.32
dqy 1692-51 2113-77 Total 1692.51 2113.77
vkjchvkbZ ds fn'kkfunsZ'kksa ds vuqlkj 8 lky ds ckn js¯Vx ykxw ugha As per RBI guidelines post 8 years Rating is not applicable.
gksrh gSA
303
4- ,Q½ vii½ izfrHkwfr jlhnksa ¼,lvkj½ esa fuos'k% 4. f) vii) Investments in Security Receipts (SRs):
5 ls vfèkd 8 ls SRs SRs issued SRs

fiNys 5 issued more than issued
o"kZ igys vfèkd
o"kks± ds Particulars within 5 years ago more
tkjh fd, x, o"kZ igys
fooj.k Hkhrj tkjh past 5 but within than 8
,lvkj ysfdu tkjh
fd, x, years past 8 years years ago
fiNys 8 o"kks± fd, x,
,lvkj
ds Hkhrj ,lvkj a) Book value of SRs 594.80 1016.98 80.73
mu ,lvkj dk cgh 594-80 1016-98 80-73 where NPAs sold (1930.75) (118.75) (64.27)
,½ ewY; tgka cSad ¼1930-75½ ¼118-75½ ¼64-27½ by the bank are
the underlying
}kjk csps x, ,uih,
var£ufgr gSa Provision held 287.29 384.38 80.73
against (a) (534.79) (15.19) (64.27)
¼,½ ds fo:) fd;k 287-29 384-38 80-73
x;k izko/kku ¼534-79½ ¼15-19½ ¼64-27½ b) Book value of 0.00 0.00 0.00
SRs where NPAs (0.00) (0.00) (0.00)
mu ,lvkj dk cgh 0-00 0-00 0-00
sold by other
ewY; tgka vU; cSadksa@ ¼0-00½ ¼0-00½ ¼0-00½
banks / financial
b½ foÙkh; laLFkkuksa@
institutions / non-
xSj&cSa¯dx foÙkh;
banking financial
daifu;ksa }kjk csps x, companies are
,uih, var£ufgr gSa the underlying
¼ch½ ds fo:) fd;k 0-00 0-00 0-00
Provision held 0.00 0.00 0.00
x;k izko/kku ¼0-00½ ¼0-00½ ¼0-00½ against (b) (0.00) (0.00) (0.00)
dqy ¼,½ $ ¼ch½ 594-80 1016-98 80-73
Total (a) + (b) 594.80 1016.98 80.73
¼1930-75½ ¼118-75½ ¼64-27½ (1930.75) (118.75) (64.27)
4- th½ /kks[kk/kM+h [kkrs
4. g) Fraud accounts
pkyw o"kZ xr o"kZ Current Previous
fjiksVZ dh xbZ /kks[kk/kM+h m/kkj 142 153 @ Year Year
Number of frauds Borrowal 142 153@
dh la[;k xSj m/kkj 289 561# Non 289 561#
reported
dqy 431 714 Borrowal
9553.81 10872.49 TOTAL 431 714
/kks[kk/kM+h esa 'kkfey jkf'k m/kkj Amount involved in Borrowal 9553.81 10872.49
xSj m/kkj 25.99 75.02 fraud Non 25.99 75.02
¼` djksM+½
dqy 9579.80 10947.51 (` crore) Borrowal
TOTAL 9579.80 10947.51
,slh /kks[kk/kM+h ds fy, m/kkj 8524.87 9197.38 Amount of provision Borrowal 8524.87 9197.38
fd, x, izko/kku dh jkf'k xSj m/kkj 19.26 54.99 made for such frauds Non 19.26 54.99
¼` djksM+½ 8544.13 9252.37 (` crore) Borrowal
dqy TOTAL 8544.13 9252.37
o"kZ ds var esa *vU; & 1028.95 1013.10 Amount of - 1028.95 1013.10
vkjf{krksa* ls vkgfjr fd, Unamortised provision
x, vla'kksf/kr izko/kku debited from ‘other
dh jkf'k ¼` djksM+½ reserves’ as at the end
@
153 [kkrksa esa ls] 13 [kkrs iqjkus /kks[kk/kM+h ds ekeys gSa vkSj ` 854-49 djksM+ of the year. (` crore)
c<+k;k x;k gS vkSj lkeatL; ds dkj.k vkjchvkbZ dks viMsV fd;k x;k gSA
@
Out of 153 accounts, 13 accounts are old fraud cases & ` 854.49Crores
have been enhanced & updated to RBI due to harmonization. #Out of
` 561 [kkrksa esa ls] 1 [kkrk iqjkuk /kks[kk/kM+h dk ekeyk gS vkSj ` 18-00 djksM+
561 accounts, 1 account is old fraud case & ` 18.00 Crores have been
c<+k;k x;k gS vkSj lkeatL; ds dkj.k vkjchvkbZ dks viMsV fd;k x;k gSA enhanced & updated to RBI due to harmonization.
304
4- ,p½ i½ Hkkjrh; fjtoZ cSad ds ifji=k la[;k Mhchvkj-la-chih- 4. h) i) In accordance with RBI circular no. DBR.No.BP.
chlh-18@21-04-048@2018&19 fnukad 01 tuojh BC.18/21.04.048/2018-19 dated January
01, 2019, DOR.No.BP.BC.34/21.4.048/2019-
2019] Mhvksvkj-la-chih-chlh-34@21-4-048@2019&20
20 dated February 11, 2020 and DOR.No.BP.
fnukad 11 Qjojh] 2020 vkSj Mhvksvkj-la-chih- BC/4/21.04.048/2020-21 dated August 06,
chlh@4@21-04-048@2020&21 fnukad 06 vxLr] 2020 on “Micro, Small and Medium Enterprises
2020 ds vuqlkj Þlw{e] y?kq vkSj e/;e m|e (MSME) sector– Restructuring of Advances”,
¼,e,l,ebZ½ {ks=k & vfxzeksa dk iquxZBuÞ ij] ,e,l,ebZ the detail of MSME restructured accounts is as
iquxZfBr [kkrksa dk fooj.k fuEukuqlkj gS% under:
pkyw o"kZ xr o"kZ Current Year Previous Year
No. of Accounts No. of Accounts

iquxZfBr [kkrksa iquxZfBr [kkrksa Amount Amount
jkf'k jkf'k Restructured Restructured
dh la[;k dh la[;k
11788 967.24 60101 3274.16
11788 967-24 60101 3274-16
4. h) ii) In accordance with RBI circular no. DOR.STR.
4- ,p½ ii½ ÞladYi :ijs[kk 2-0 & lw{e] y?kq vkSj e/;e m|eksa REC.12/21.04.048/2021-22 dated May 05, 2021
¼MSMEs½ ds dksfoM &19 lacaf/kr ncko dk lekèkkuÞ on “Resolution Framework 2.0 - Resolution
vkjchvkbZ ds ifji=k la[;k Mhvksvkj-,lVhvkj- of Covid-19 related stress of Micro, Small and
vkjbZlh-12@21-04-048@2021&22 fnukad 05 ebZ] Medium Enterprises (MSMEs)” the details of
accounts restructured is as under:
2021 ds vuqlkj iquxZfBr [kkrksa dk fooj.k fuEu izdkj
gS%
(Amount in ` crore)
iquxZfBr [kkrksa iquxZfBr [kkrksa No. of Accounts No. of Accounts

jkf'k jkf'k Amount Amount
dh la[;k dh la[;k Restructured Restructured
88364 5266-77 'kwU; 'kwU; 88364 5266.77 NIL NIL
4. h) iii) Details of resolution plan implemented under

4- ,p½ iii½ vkjchvkbZ ifji=k vkjchvkbZ@2020&21@16 Mhvksvkj-
Resolution Framework for COVID 19 related
la-chih-chlh@3@21-04-048 @2020&21 fnukad 06 stress as per RBI Circular RBI/2020-21/16
vxLr] 2020 vkSj vkjchvkbZ@2021&22@31 Mhvksvkj- DOR.No.BP.BC/3/21.04.048/2020-21 dated
,lVhvkj-vkjbZlh -11@21-04-048@2021&22 fnukad August 06, 2020 and RBI/2021-22/31 DOR.STR.
5 ebZ] 2021 ds vuqlkj dksfoM 19 lacaf/kr ncko ds REC.11/21.04.048/2021-22 dated May 5, 2021
fy, lek/kku <+kaps ds rgr dk;kZfUor lek/kku ;kstuk are given below:
dk fooj.k uhps fn, x, gSa%
305
lek/kku ;kstuk ds lek/kku ;kstuk ds
¼,½ dk] dqy ¼,½ dk] Nekgh
dk;kZUo;u ds ¼,½ dk] Nekgh dk;kZUo;u ds
_.k tks ds nkSjku
ifj.kkeLo:i ekud ds :i ds nkSjku cês ifj.kkeLo:i ekud ds
m/kkjdrkZ dk izdkj Nekgh ds mèkkjdrkZvksa
esa oxhZÑr [kkrksa ds fy, [kkrs esa Mkyh :i esa oxhZÑr [kkrksa ds
nkSjku ,uih, }kjk Hkqxrku
,Dlikstj & 30-09-2021 xbZ jkf'k fy, ,Dlikstj &
esa pyk x;k dh xbZ jkf'k
¼,½ ds vuqlkj fLFkfr 31-03-2022 dks fLFkfr
O;fäxr _.k 750-79 27-51 0-00 56-73 700-50
dkWiksZjsV O;fä* 5504-77 735-52 0-00 410-32 4334-65
*ftuesa ls ,e,l,ebZ 836-56 56-74 0-00 377-10 389-56
vU; 41-19 0-01 0-00 2-61 33-32
dqy vksVhvkj 1-0 6296-75 763-04 0-00 469-66 5068-47
O;fäxr _.k 4744-83 236-84 0-00 234-60 5198-57
dkjksckj _.k 185-44 26-87 0-00 15-17 171-07
NksVk dkjksckj 756-12 107-75 0-00 53-91 929-84
dqy vksVhvkj 2-0 5686-39 371-46 0-00 303-68 6299-48
dqy ;ksx 11983-14 1134-50 0-00 773-34 11367-95
#
249 m/kkjdrkZ [kkrs gSa] ftudk cSad esa dqy 17-81 djksM+ #i;s dk ,Dlikstj gS] tgka lek/kku ;kstukvksa dks ykxw fd;k x;k Fkk vkSj vc 5 ebZ] 2021 dks vkjchvkbZ
ds lek/kku <kaps 2-0 ds rgr la'kksf/kr fd;k x;k gSA
5- ,DlikstlZ
5- ,- LFkkoj laink {ks=k dks ,Dlikstj ¼jkf'k ` djksM+ esa½
Js.kh pkyw o"kZ xro"kZ
i½ izR;{k ,Dlikstj
,½ vkoklh; lEifÙk ca/kd &
vkoklh; lEifÙk] tks _.kh }kjk vf/kdkj esa yh xbZ gS ;k yh tk;sxh ;k fdjk;s ij nh xbZ gS] ij cU/kd
}kjk iw.kZr% izfrHkwr _.k
izkFkfedrk izkIr {ks=k ds :i esa oxhZÑr vkokl _.k 27419-64 29937-09
vU; vkoklh; ca/kd 67774-36 65491-77
dqy 95194-00 95428-86
ch½ okf.kfT;d LFkkoj laink &
okf.kfT;d LFkkoj laink ¼dk;kZy; Hkou] fjVsy Lisl] cgqmís'kh; okf.kfT;d ifjlj] vkS|ksfxd ;k xksMkmu
Lisl] Hkwfe vf/kxzg.k] fodkl vkSj fuekZ.k] vkfn½ ij ca/kd }kjk izfrHkwr _.k
fuf/k vk/kkfjr 19747-38 21976-72
xSj fuf/k vk/kkfjr 951-08 1371-76
dqy 20698-46 23348-48
lh½ ca/kd le£Fkr izfrHkwfr;ksa ¼,e ch ,l½ vkSj vU; izfrHkwr ,DLikstj esa fuos'k &
i) vkoklh; 0-00 0.00
i) okf.kfT;d LFkkoj laink 0.00 0.00
ii½ vizR;{k ,Dlikstj
fons'kh dk;kZy;ksa lfgr jk"Vªh; vkokl cSad ¼,u ,p ch½ vkSj vkokl foÙk dEifu;ksa ¼,p ,Q lh½ gsrq fuf/k
vk/kkfjr o xSj fuf/k vk/kkfjr ,Dlikst+j% 37277-39 35320-59
cSad }kjk vkokl dEifu;ksa ,oa dkWiksZjs'ku esa fd;k x;k fuos'k 6649-94 6188-37
dqy 43927-33 41508-96
LFkkoj laink {ks=k dks dqy ,Dlikstj 159819-79 160286-30
306
(Amount in ` crore)
Exposure to accounts Of (A) Exposure to accounts

Of (A), Of (A)
classified as Standard amount classified as Standard
aggregate debt amount
consequent to paid by the consequent to
Type of borrower that slipped written off
implementation of borrowers implementation of
into NPA during during the
resolution plan – Position during the resolution plan – Position as
the half-year half-year
as at 30.09.2021 (A) half year at 31.03.2022
Personal Loans 750.79 27.51 0.00 56.73 700.50

Corporate persons* 5504.77 735.52 0.00 410.32 4334.65
*Of which MSMEs 836.56 56.74 0.00 377.10 389.56
Others 41.19 0.01 0.00 2.61 33.32
Total OTR 1.0 6296.75 763.04 0.00 469.66 5068.47
Personal Loans 4744.83 236.84 0.00 234.60 5198.57
Business Loans 185.44 26.87 0.00 15.17 171.07
Small Business 756.12 107.75 0.00 53.91 929.84
Total OTR 2.0 5686.39 371.46 0.00 303.68 6299.48
Grand Total 11983.14 1134.50 0.00 773.34 11367.95
#There are 249 borrower accounts having aggregate exposure of Rs.17.81 Crore to the Bank where resolution plans had been implemented and now
modified under RBI’s resolution framework 2.0 dated May 5, 2021.
5. Exposures
5. a) Exposure to real estate sector (Amount in ` crore)
Category Current Year Previous Year
i) Direct Exposure
a) Residential Mortgages–
Lending fully secured by mortgages on residential property that is or will be
occupied by the borrower or that is rented.
Housing loans classified as priority sector 27419.64 29937.09
Others Residential Mortgages 67774.36 65491.77
Total 95194.00 95428.86
b) Commercial Real Estate–
Lending secured by mortgages on commercial real estate (office buildings,
retail space, multipurpose commercial premises, industrial or warehouse
space, land acquisition, development and construction, etc.).;
Fund Based 19747.38 21976.72
Non Fund Based 951.08 1371.76
Total 20698.46 23348.48
c) Investments in Mortgage-Backed Securities (MBS) and other securitized
exposures–
i) Residential 0.00 0.00
ii) Commercial Real Estate 0.00 0.00
ii) Indirect Exposure
Fund based and non-fund-based exposures to National Housing Bank (NHB)
and Housing Finance Companies HFCs) Including Foreign Offices. 37277.39 35320.59
Investments made by the Bank in Housing Companies and Corporations 6649.94 6188.37
Total 43927.33 41508.96
Total Exposure to Real Estate Sector 159819.79 160286.30
307
5- ch- iw¡th ckt+kj dks ,DLikstj ¼jkf'k ` djksM+ esa½ 5. b) Exposure to capital market (Amount in ` crore)
pkyw o"kZ@ xro"kZ@

fooj.k@Particulars
i) bfDoVh 'ks;jksa] ifjorZuh; ca/ki=kksa] ifjorZuh; Direct investment in equity shares, convertible
_.k i=kksa vkSj bfDoVh mUeq[k E;wpqvy QaMksa ds bonds, convertible debentures and units of
;wfuVksa esa izR;{k fuos'k tks fuxfer _.k dh ewy equity oriented mutual funds the corpus of 2918.47 3194.24
fuf/k esa gh ,d ek=k fuos'k ugha gS which is not exclusively invested in corporate
debt;
ii) 'ks;jksa ¼vkbZihvks@bZ,lvksih lfgr½ ifjorZuh; Advances against shares / bonds / debentures or
ca/ki=kksa] ifjorZuh; _.k i=kksa vkSj bfDoVh other securities or on clean basis to individuals
mUeq[k E;wpqvy QaMksa esa fuos'k ds fy, O;fä;ksa for investment in shares (including IPOs / ESOPs), 1.16
dks 'ks;jksa@ca/k i=kksa@_.k i=kksa ;k vU; convertible bonds, convertible debentures, and 2.03
izfrHkwfr;ksa ij ;k izfrHkwfr ds fcuk vfxze units of equity oriented mutual funds;
iii) fdlh vU; iz;kstu ds fy, vfxze tgka 'ks;jksa Advances for any other purposes where shares
;k ifjorZuh; ca/k i=kksa ;k ifjorZuh; _.k i=kksa or convertible bonds or convertible debentures
or units of equity oriented mutual funds are 'kwU;@NIL 'kwU;@NIL
;k bfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa dks
izkFkfed izfrHkwfr ds :i esa j[kk x;k gksA taken as primary security;
iv) fdlh vU; iz;kstu ds fy, vfxze tgka 'ks;jksa Advances for any other purposes to the extent
;k ifjorZuh; ckaM] ifjorZuh; fMcsapj vkSj secured by the collateral security of shares or
bfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa dh convertible bonds or convertible debentures
laik£'od izfrHkwfr rd izfrHkwfr nh xbZ gks or units of equity oriented mutual funds i.e.
where the primary security other than shares 634.60 440.26
vFkkZr~ tgk¡ ifjorZuh; ckW.M@ifjorZuh; _.k
i=kksa@bfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa / convertible bonds / convertible debentures /
units of equity oriented mutual funds does not
ls fHkUUk izkFkfed izfrHkwfr vfxzeksa dks iwjh rjg
fully cover the advances;
doj ugha djrh gSaA
v) LVkWd czksdjksa dks izfrHkwr rFkk vizfrHkwr vfxze Secured and unsecured advances to stockbrokers
vkSj LVkWd czksdjksa rFkk ekdsZV esdjksa dh vksj ls and guarantees issued on behalf of stock brokers 43.56 174.98
nh xbZ xkjafV;k¡ and market makers;
vi) lalk/kuksa dks tqVkus dh laHkkouk esa u;h Loans sanctioned to corporates against the
dEifu;ksa dh bfDoVh esa izorZdksa ds va'knku security of shares / bonds / debentures or
dh vko';drk dks iwjk djus ds fy, 'ks;jksa@ other securities or on clean basis for meeting
promoter’s contribution to the equity of new 'kwU;@NIL 'kwU;@NIL
ckW.Mksa@ _.k i=kksa ;k vU; izfrHkwfr;ksa ij ;k
izfrHkwfr ds fcuk fuxfer daifu;ksa dks LohÑr companies in anticipation of raising resources;
_.k
vii) laHkkfor bfDoVh izokgksa@ fuxZeksa ds izfr Bridge loans to companies against expected
equity flows /issues; 'kwU;@NIL 'kwU;@NIL
dEifu;ksa dks iwjd _.k
viii) 'ks;jksa ;k ifjorZuh; ca/k i=kksa ;k ifjorZuh; Underwriting commitments taken up by the
_.k i=kksa ;k bfDoVh mUeq[k E;wpqvy QaMksa ds banks in respect of primary issue of shares or
convertible bonds or convertible debentures or 'kwU;@NIL 'kwU;@NIL
;wfuVksa ds izkbejh b';w ds lEcU/k esa cSadksa }kjk
gkehnkjh izfrc)rk,a units of equity oriented mutual funds;
ix) ek£tu Vªs¯Mx ds fy, LVkWd czksdjksa dks foÙk Financing to stockbrokers for margin trading; 'kwU;@NIL 'kwU;@NIL
x) m|e iw¡th fuf/k;ksa ¼iathÑr vkSj xSj iathÑr All exposures to Venture Capital Funds (both 716.41 714.76
nksuksa½ dks dqy ,Dlikstj registered and unregistered)
xi) E;wpqvy QaM dks vfxze Advances to Mutual Funds 2000.00 3000.00
iwath cktkj dks dqy ,Dlikst+j Total exposure to capital market 6314.20 7526.27
308
5- lh½ tksf[ke Js.khokj ns'k lEcU/kh ,Dlikstj 5. c) Risk category-wise country exposure
31-03-2022 dks dqy fuoy fuf/kd ,Dlikstj ` 49214-90 djksM+ gSA Total Net Funded Exposure as on 31.03.2022 is ` 49214.90
31-12-2021 dks cSad ¼ih,uch 2-0½ dh dqy vkfLr;ka ` 1304849 djksM+ Crores. Total assets of the Bank (PNB2.0) as on 31.12.2021
Fkh] dqy vkfLr dk 1% ` 13048-49 djksM+ gSA 31-12-2021 dh fLFkfr were ` 1304849 Crores, 1% of total asset is ` 13048.49 Crore.
ds vuqlkj la;qä vjc vehjkr esa cSad dk ,Dlikstj ` 13048-49 Bank exceeded the exposure to UAE beyond ` 13048.49 Crores
djksM+ vFkkZr cSad dh dqy laifÙk ds 1% ls vf/kd gks x;kA blfy,] i.e. 1% of Total Assets of the Bank as on 31.12.2021. Hence,
31-03-2022 dks ns'k ds tksf[ke ,Dlikstj ds laca/k esa ` 28-94 djksM+ ds provision of ` 28.94 Crores is required with respect to country
izkoèkku dh vko';drk gS% risk exposure as on 31.03.2022:
(Previous year: Total Net Funded Exposure as on 31.03.2021

¼xr o"kZ% 31-03-2021 dks dqy fuoy fuf/kÑr ,Dlikstj
was ` 66771.96 Crores. Total assets of the Bank (PNB 2.0) as
` 66771-96 djksM+ FkkA 31-12-2020 dks cSad dh dqy vkfLr;ka ¼ih,uch 2-0½
on 31.12.2020 were ` 1254934.00 Crores, 1% of total asset
` 1254934-00 djksM+ Fkh] dqy vkfLr dk 1% ` 12549-34 djksM+
` 12549.34 Crore. Bank did not exceed the exposure in any
gSA 31-12-2020 dks fdlh Hkh ns'k esa cSad dk ,Dlikstj ` 12549-34
country beyond ` 12549.34 Crores i.e. 1% of Total Assets of the
djksM+ vFkkZr cSad dh dqy laifÙk ds 1% ls vf/kd ugha FkkA blfy,] Bank as on 31.12.2020. Hence, no provision was required with
31-03-2021 dks ns'k ds tksf[ke ,Dlikstj ds laca/k esa fdlh izko/kku dh respect to country risk exposure as on 31.03.2021).
vko';drk ugha Fkh½A
31-03-2022 31-03- 31-03-2021 31-03- Funded Funded

Provision Provision
bZlh dks fuf/kd 2022 dks dks fuf/kd 2021 dks Exposure Exposure
tksf[ke held as on held as on
thlh ,Dlikstj /kkfjr ,Dlikstj èkkfjr Risk ECGC (net) as on (net) as on
31.03.2022 31.03.2021
Js.kh Category Rating 31.03.2022
(Current
31.03.2021
(Previous
js¯Vx ¼fuoy½ izko/kku ¼fuoy½ izko/kku (Current (Previous
¼pkyw o"kZ½ ¼pkyw o"kZ½ ¼xr o"kZ½ ¼xr o"kZ½ Year) Year)
Year) Year)
ux.; ,1 24187.89 0.00 39892.90 0.00
Insignificant A1 24187.89 0.00 39892.90 0.00
de ,2 24563.04 28.94 21570.31 0.00 Low A2 24563.04 28.94 21570.31 0.00
lkekU; 418.66 0.00 5302.52 0.00 Moderately B1 418.66 0.00 5302.52 0.00
ch1
ls de Low
lkekU; ch2 14.60 0.00 1.82 0.00
Moderate B2 14.60 0.00 1.82 0.00
lkekU; 17.58 0.00 4.41 0.00
lh1 Moderately C1 17.58 0.00 4.41 0.00
ls mPp High
mPp lh2 13.13 0.00 0.00 0.00
High C2 13.13 0.00 0.00 0.00
vfr 0.00 0.00 0.00 0.00
Mh Very High D 0.00 0.00 0.00 0.00
mPp
49214.90 28.94 66771.96 0.00 Total 49214.90 28.94 66771.96 0.00
dqy
5. d) Unsecured advances (Amount in ` crore)
5- Mh½ vizfrHkwr vfxze ¼jkf'k ` djksM+ esa½
Particulars Current Year Previous Year
fooj.k pkyw o"kZ xr o"kZ Total Unsecured Advances of 153867.56 133841.78
cSad ds dqy vizfrHkwr vfxze 153867-56 133841-78 the bank
Out of the above, amount of 6128.09 21528.37
mijksä esa ls] vfxze dh jkf'k ftlds 6128-09 21528-37 advances for which intangible
fy, vewrZ izfrHkwfr;ka tSls vf/kdkj] securities such as charge over
ykblsal] izkf/kdj.k] vkfn ij izHkkj the rights, licenses, authority,
fy;k x;k gSA etc. have been taken
Estimated value of such 7992.59 22525.02
,slh vewrZ izfrHkwfr;ksa dk vuqekfur 7992-59 22525-02
intangible securities
ewY;
309
5- bZ½ QSDV¯jx ,Dlikstj 5. e) Factoring exposures
QSDV¯jx ,Dlikstj ¼VhvkjbZMh,l ds rgr½ ¼jkf'k ` djksM+ esa½ Factoring exposures (Under TReDS) (Amount in ` crore)
pkyw o"kZ esa cdk;k 'ks"k xr o"kZ esa cdk;k 'ks"k Balance Outstanding Balance Outstanding
776-39 460-35 776.39 460.35
5- ,Q½ baVªk&xzqi ,Dlikstj ¼jkf'k ` djksM+ esa½
5. f) Intra-group exposures (Amount in ` crore)
Øa-la- fooj.k pkyw o"kZ xr o"kZ Sl. Current Previous

Particulars
No. Year Year
i½ baVªk&xzqi ,Dlikstj dh dqy jkf'k 8494-13 8126-08
i) Total amount of intra-group 8494.13 8126.08
ii½ 'kh"kZ 20 baVªk&xzqi ,Dlikstj dh 8494-13 8126-08 exposures
dqy jkf'k ii) Total amount of top 20 intra- 8494.13 8126.08
group exposures
iii½ m/kkjdrkZ@xzkgdksa ij cSad ds 0-81% 0-82%
dqy ,Dlikstj ds fy, baVªk&xzqi iii) Percentage of intra-group 0.81% 0.82%
exposures to total exposure
,Dlikstj dk izfr'kr
of the Bank on borrower/
iv½ baVªk&xzqi ,Dlikstj vkSj fu;ked ykxw ugha ykxw ugha customers
dkjZokbZ] ;fn dksbZ gks] ij lhek ds iv) Details of breach of limits on NA NA
mYya?ku dk fooj.k intra-group exposures and
regulatory action, if any
5- th½ vjf{kr fons'kh eqæk ,Dlikstj 5. g) Unhedged foreign currency exposure
cSad us eqæk mRizsfjr _.k tksf[ke ds izca/ku ds fy, ,d uhfr rS;kj dh gS The Bank has framed a policy to manage Currency Induced Credit
vkSj bls cSad dh _.k izca/ku vkSj tksf[ke uhfr 2021&22 esa fuEukuqlkj Risk and has been incorporated in Bank’s Credit Management &
'kkfey fd;k x;k gS% Risk Policy 2021-22 as follows:
Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa ds vuqlkj] cSad us eqæk izsfjr _.k In terms of RBI guidelines, the Bank has framed a policy to
tksf[ke ds izca/ku ds fy, ,d uhfr rS;kj dh gS vkSj bls cSad dh orZeku manage currency induced credit risk and has incorporated the
ØsfMV izca/ku vkSj tksf[ke uhfr esa fuEukuqlkj 'kkfey fd;k gS% same in bank’s current Credit Management & Risk Policy as
follows:
^^vkjchvkbZ ds fn'kkfunsZ'kksa ds vuqlkj] cSad C;kt vkSj ewY;gzkl ls igys “In terms of RBI guidelines, Bank monitors the currency wise
ok£"kd vk; ¼bZchvkbZMh½ ds lkFk frekgh ds var esa m/kkjdrkZvksa dh Unhedged Foreign Currency Exposure in the books of borrowers
at quarter ends along-with the Annualized Earnings before
cfg;ksa esa eqæk ds vuqlkj vjf{kr fons'kh eqæk ,Dlikstj dh fuxjkuh
Interest & Depreciation (EBID). The incremental provision
djrk gSA o`f)'khy izko/kku ¼ekud ifjlaifÙk izko/kku ds Åij dqy
(ranging from 0 to 80 bps on total credit exposure, over and
_.k ,Dlikstj dk 0 ls 80 chih,l rd½ vkSj iwath dh vko';drk
above the standard asset provisioning) and capital requirement
laHkkfor uqdlku ¼fons'kh eqæk esa mrkj&p<+ko ds dkj.k½ ij fuHkZj
will depend on likely loss (due to foreign currency fluctuation),
djsxh] mèkkjdrkZvksa dks muds cfg;ksa esa muds vjf{kr fons'kh ,Dlikstj that borrowers may face due to their un-hedged forex exposure
ds dkj.k ftudk lkeuk djuk iM+ ldrk gSA cSad vyx izHkkj j[krk gS in their books. Bank maintains separate charge and provisioning
vkSj ,sls ,Dlikstj ds fy, tks m/kkjdrkZvksa dh ykxr dks izHkkfor dj requirement on account of such exposures which may impact
ldrk gS muds izko/kku dh vko';drk gksrh gSA cSad ds foÙkh; fooj.kksa the cost to the borrowers. Appropriate disclosures in the
esa mfpr izdVhdj.k Hkh fd;k tk,xkAÞ financial statements of the bank shall also be made.”

o`f)'khy izko/kku 85-48 87-91 Incremental Provision 85.48 87.91
o`f)'khy iwath /kkfjr 142-27 167-18* Incremental Capital held 142.27 167.18*
vkjMCY;w, ¼@11-50%½ RWA (@11.50%)
*o`f)'khy iwath /kkfjr vkjMCY;w, ¼31-03-2021 dks 10-875%½A *Incremental Capital Held RWA (@10.875% AS ON 31.03.2021).
310
cSad us vkjchvkbZ ifji=k MhchvksMh-la-chih-chlh- 82@21-06-200@ The Bank has estimated the liability for Unhedged Foreign
2013&14 fnukad 15 tuojh 2014 ds vuqlkj vjf{kr fons'kh eqæk Currency Exposure in terms of RBI Circular DBOD.NO.BP.
,Dlikstj ds fy, ns;rk dk vuqeku yxk;k gS vkSj 31-03-2022 dks BC.82/21.06.200/2013-14 dated January 15, 2014 and is
` 85-48 djksM+ dk izko/kku j[kk gS ¼fiNys lky ` 87-91 djksM+½A holding a provision of ` 85.48 Crores as on 31.03.2022 (previous
year ` 87.91 Crores).
6- tekjkf'k;ksa] vfxzeksa] ,Dlikstjksa vkSj ,uih, dk ladsaæ.k 6. Concentration of deposits, advances, exposures and NPAs
6- ,½ tekjkf'k;ksa dk ladsaæ.k ¼jkf'k ` djksM+ esa½ 6. a) Concentration of deposits (Amount in ` crore)
chl lcls cM+s tekdrkZvksa dh dqy 42104-47 40565-38 Total deposits of the twenty 42104.47 40565.38
tek jkf'k largest depositors
cSad dh dqy tekjkf'k;ksa esa chl 3-79% 3-77% Percentage of deposits of 3.79% 3.77%
lcls cM+s tekdrkZvksa dh tekjkf'k;ksa twenty largest depositors to
dk izfr'kr total deposits of the bank
Note: The above deposit figures do not include Inter Bank deposit held
uksV% mijksä tek vkadM+ksa esa cSad }kjk /kkfjr varj cSad tek 'kkfey ugha gSA by Bank.
6- ch½ vfxzeksa dk ladsaæ.k ¼jkf'k ` djksM+ esa½ 6. b) Concentration of advances (Amount in ` crore)
chl lcls cM+s m/kkjdrkZvksa dks dqy 139719-04 122259-97 Total advances to the twenty 139719.04 122259.97
vfxze largest borrowers
cSad ds dqy vfxzeksa esa chl lcls cM+s 17-80% 16-53% Percentage of advances to 17.80% 16.53%
twenty largest borrowers to
m/kkjdrkZvksa dks vfxzeksa dk izfr'kr
total advances of the bank
6- lh½ ,Dlikstj dk ladsaæ.k ¼jkf'k ` djksM+ esa½ 6. c) Concentration of exposures (Amount in ` crore)
chl lcls cM+s m/kkjdrkZvksa@xzkgdksa 162628-84 150466-09 Total exposure to the twenty 162628.84 150466.09
dks dqy ,Dlikstj largest borrowers/customers
m/kkjdrkZvksa@xzkgdksa dks cSad ds 15-68% 15-23% Percentage of exposures to 15.68% 15.23%

dqy ,Dlikstj esa chl lcls cM+s the twenty largest borrowers/
customers to the total
mèkkjdrkZvksa@xzkgdksa ds ,Dlikstj exposure of the bank on
dk izfr'kr borrowers/customers
6- Mh½ vutZd vkfLr;ksa dk ladsaæ.k ¼jkf'k ` djksM+ esa½ 6. d) Concentration of NPAs (Amount in ` crore)

'kh"kZ chl ,uih, [kkrksa esa dqy 19398-37 27092-45 Total Exposure to the top 19398.37 27092.45
,Dlikstj twenty NPA accounts
dqy ldy ,uih, esa chl lcls cM+s 20-98% 25-94%
,uih, ,Dlikstj ds ,Dlikstj dk Percentage of exposures 20.98% 25.94%
to the twenty largest NPA
izfr'krA
exposure to total Gross NPAs.
311
7- O;qRiUUk 7. Derivatives
7- ,½ ok;nk nj djkj@C;kt nj dh vnyk&cnyh ¼LoSi½ 7. a) Forward rate agreement/Interest rate swap

(Amount in ` crore)
Particulars Current Previous
fooj.k pkyw o"kZ xr o"kZ Year Year
i) vnykcnyh djkjksa dk vkuqekfud fl)kar 385-00 75-00 i) The notional principal of swap 385.00 75.00
ii) agreements
;fn dkmUVj ik£V;ka leÖkkSrksa ds rgr 0-40 0-57 ii) Losses which would be incurred 0.40 0.57
vius nkf;Roksa dks iwjk djus esa foQy jgha] if counterparties failed to fulfil
muls gksus okyk uqdlku their obligations under the
iii) vnykcnyh esa 'kkfey gksus ij cSadksa 'kwU; 'kwU; agreements
}kjk visf{kr laik£'od izfrHkwfr iii) Collateral required by the bank NIL NIL
iv) vnykcnyh ds dkj.k mRiUUk _.k 'kwU; 'kwU; upon entering into swaps
iv) Concentration of credit risk NIL NIL
tksf[ke$
arising from the swaps$
v) vnykcnyh cgh dk mfpr ewY;@ &2-3859 &3-7931 v) The fair value of the swap book@ -2.3859 -3.7931
$
;s lHkh vnykcnyh lkSns cSad vkSj ,QvkbZ ds lkFk gSa
$
All these swap deals are with Banks and FI.
@
@
All these swaps deals are Trading swap and the fair value is its mark
;s lHkh vnyk&cnyh lkSns Vªs¯Mx LoSi gSa vkSj bldk mfpr ewY; cktkj dk
to market value
vafdr ewY; gSA
mijksä VªsM baVjcSad ds lkFk #- 385-00 djksM+ ¼fiNys o"kZ #-75-00 The above Trades are Interest rate Swap Deal done with
djksM+½ rFkk foÙkh; laLFkku #- 'kwU; djksM ¼fiNys o"kZ #- 'kwU; djksM½ Interbank for ` 385.00 Crores (previous year ` 75.00 Crores) and
C;kt nj LoSi Mhy gSA with Financial Institution ` NIL (previous year ` NIL).
orZeku o"kZ ds fy, ØsfMV tksf[ke ¼ØsfMV ,Dlikstj½ ` 2-70 djksM+ gS Credit Risk (Credit Exposure) for Current Year is ` 2.70 Crore
rFkk ¼fiNys o"kZ ` 1-32 djksM+½A (previous year ` 1.32 Crore).
dqy 19 Mhy dh xbZ ftlesa ls 0 Mhy cSd Vw cSd Mhy] 2 Mhy tgk¡ There are total 19 deals out of which 0 deals are Back to Back
fuf'Pkr lafonk nj ij Hkqxrku fd;k x;k rFkk ¶yks¯Vx nj ij izkIr Deals, 2 Deals where payment is made at Fixed Contract rate and
fd;k x;k vkSj 'ks"k 17 Mhy esa ¶yks¯Vx nj ij Hkqxrku fd;k x;k vkSj received at Floating rate and in remaining 17 deals, payment is
fuf'Pkr lafonk nj ij izkIr fd;k x;kA made at Floating Rate and received at Fixed Contract rate”.
7- ch½ ,Dlpsat Vªs¯Mx okys C;kt nj O;qRiUUk 7. b) Exchange traded interest rate derivatives
Particulars
i) o"kZ ds nkSjku ,Dlpsat Vªs¯Mx okys 'kwU; 'kwU; No. Year Year
C;kt nj O;qRiUUk dh vuqekfud ewy i) Notional principal amount of NIL NIL
exchange traded interest rate
jkf'k ¼fy[krokj½
derivatives undertaken during the
d½ C;kt nj ok;nk Year (instrument wise)
ii) 31 ekpZ] 2022 dh fLFkfr ds vuqlkj 'kwU; 'kwU;
a) Interest Rate Futures
cdk;k ,Dlpsat Vªs¯Mx okys C;kt ii) Notional principal amount of NIL NIL
nj O;qRiUUk dh vkuqekfud ewy jkf'k exchange traded interest rate
¼fy[krokj½ derivatives outstanding as on 31st
d½ C;kt nj ok;nk March 2022 (instrument wise)
iii) cdk;k ,Dlpsat VªsfMax okys C;kt nj 'kwU; 'kwU; a) Interest Rate Futures
O;qRiUUk dh vkuqefud ewy jkf'k rFkk tks iii) Notional principal amount of NIL NIL
**vR;f/kd izHkkoh** ugha gS ¼fy[krokj½ exchange traded interest rate
iv) ,Dlpsat VªsfMax okys C;kt nj 'kwU; 'kwU; derivatives outstanding and not
‘highly effective’ (instrument wise)
O;qRiUUk dh vkuqefud ewy jf'k dk iv) Mark to market value of exchange NIL NIL
cdk;k cktkj Hkko ij vafdr ewY; traded interest rate derivatives
¼ekdZ&Vw&ekdsZV½ tks **vR;f/kd outstanding and not ‘highly
izHkkoh** ugha gS ¼fy[krokj½ effective’ (instrument wise)
312
7- lh½ O;qRiUUk esa tksf[ke ,Dlikst+j ij izdVhdj.k 7. c) Disclosures on risk exposure in derivatives
7- lh½ i½ xq.kkRed izdVhdj.k 7. c) i) Qualitative disclosures

cSad vius Lo;a ds rqyu i=k dh enksa dh gS¯tx ds fy, vkSj lkFk&lkFk The Bank uses derivatives products for hedging its own balance
O;kikj ds mís'; ls Hkh O;qRiUUk mRiknksa dk iz;ksx djrk gSA O;qRiUUk sheet items as well as for trading purposes. The risk management
mRiknksa ds tksf[ke izca/ku dk fu;a=k.k ,d ofj"B dk;Zikyd }kjk fd;k of derivative operation is headed by a senior executive, who
tkrk gS] tks ykbu dk;Ziz.kkyh ls Lora=k jgrs gq, mPp izca/ku dks fjiksVZ reports to top management, independent of the line functions.
djrk gSA O;kikj dh fLFkfr nSfud vk/kkj ij cktkj Hkko ij vafdr dh Trading positions are marked to market on daily basis.
tkrh gSA
O;qRiUUk uhfr dk fuekZ.k ,dhÑr tksf[ke izca/ku izHkkx }kjk fd;k tkrk The derivative policy is framed by Integrated Risk Management
gS] ftlesa _.k tksf[ke rFkk cktkj tksf[ke 'kkfey gSaA Division, which includes measurement of credit risk and market
risk.
gSt ysunsuksa dk iz;ksx rqyu i=k izca/ku ds fy, fd;k tkrk gSA fjiks²Vx The hedge transactions are undertaken for balance sheet
vkSj fuxjkuh ds fy, lqO;ofLFkr ra=k fo|eku gSA gs¯tx dh uhfr vkSj management. Proper system for reporting and monitoring
mldh fuxjkuh dh izfØ;k Hkh fo|eku gSaA of risks are in place. Policy for hedging and processes for
monitoring the same is in place.
izfrj{kk vkSj xSj izfrj{kk Vªs¯Mx dks fjdkMZ djus ds fy, ys[kkadu uhfr Accounting policy for recording hedge and non-hedge
fo|eku gS ftlesa vk; igpku] izhfe;e vkSj fMLdkmaV lfEefyr gSA transactions are in place, which includes recognition of income,
premiums and discounts.
cdk;k vuqcU/kksa dk ewY;kadu] izko/kku] laik£'od vkSj _.k tksf[ke dks Valuation of outstanding contracts, provisioning, collateral and
de fd;k tk jgk gSaA credit risk mitigation are being done.
7- lh½ ii½ ek=kkRed izdVhdj.k ¼jkf'k ` djksM+ esa½ 7. c) ii) Quantitative disclosures (Amount in ` crore)
Ø-
C;kt nj
C;kt nj
Interest rate
Interest rate
O;qRiUu
O;qRiUu
O;qRiUu
O;qRiUu
fooj.k Sr.
Derivatives
Derivatives
derivatives
derivatives
eqæk
eqæk
la- Particulars
Currency
Currency
No
,½ MsfjosfVOt+ ¼dfYir ewy/ku

jkf'k½ a) Derivatives
i) gSftax ds fy, 0.00 0.00 0.00 0.00 (Notional Principal Amount)
ii) VªsfMax ds fy, 0.00 385.00 0.00 75.00 i) For hedging 0.00 0.00 0.00 0.00
ii) For trading 0.00 385.00 0.00 75.00
ch½ ekDMZ Vw ekdsZV iksft'ku
b) Marked to Market Positions
gSftax Hedging
i) vkfLr ¼$½ 0.00 0.00 0.00 0.00
i) Asset (+) 0.00 0.00 0.00 0.00
ii) ns;rk ¼&½ 0.00 0.00 0.00 0.00
ii) Liability (-) 0.00 0.00 0.00 0.00
VªsfMax Trading
i) vkfLr ¼$½ 0.00 0.00 0.00 0.00 i) Asset (+) 0.00 0.00 0.00 0.00
ii) ns;rk ¼&½ 0.00 -2.3859 0.00 -3.7931 ii) Liability (-) 0.00 -2.3859 0.00 -3.7931
lh½ _.k ,DLikstj[1] 0.00 2.7050 0.00 1.3238 c) Credit Exposure[1] 0.00 2.7050 0.00 1.3238
Mh½ C;kt nj esa 1% ifjorZu dk d) Likely impact of one
lEHkkO; izHkko ¼100* ihoh 01½ percentage change in
i) gSftax MsfjosfVo ij 0.00 0.00 0.00 0.00 interest rate (100*PV01)
ii) VªsfMax MsfjosfVo ij 0.00 2.53 0.00 0.50 i) on hedging derivatives 0.00 0.00 0.00 0.00
ii) on trading derivatives 0.00 2.53 0.00 0.50
bZ½ o"kZ ds nkSjku ik;s x;s 100*
Maximum and Minimum of
ihoh01 dk vf/kdre rFkk 100* PV01 observed during
U;wure e) the year
vf/kd re 0.00 0.00 0.00 0.00 i) on maximum 0.00 0.00 0.00 0.00
i) gSftax ij 0.00 0.00 0.00 0.00
U;wure hedging minimum 0.00 0.00 0.00 0.00
vf/kd re 0.00 0.30 0.00 0.55 ii) on maximum 0.00 0.30 0.00 0.55
ii) VsªfMax ij 0.00 -2.70 0.00 0.50 trading minimum 0.00 -2.70 0.00 0.50
U;wure
1
cSad us Hkkjrh; fjtoZ cSad ds funsZ'kksa ds vuqlkj O;qRiUUk mRiknksa ds ØsfMV .1
Banks adopt the Current Exposure Method on Measurement of
,Dlikst+j ds ekiu ij orZeku ,Dlikst+j fof/k dks viuk;k gSA Credit Exposure of Derivative Products as per Reserve Bank of India
instructions.
313
7- Mh½ _.k esa pwd dh vnyk&cnyh 7. d) Credit default swaps
pwafd cSad _.k esa pwd dh vnyk&cnyh vuqca/kksa ds ewY; fu/kkZj.k ds Since the Bank is not using any proprietary pricing model for
fy, fdlh ekfydkuk ewY; fu/kkZj.k ekWMy dk mi;ksx ugha dj jgk gS] pricing Credit default swaps contracts, and it is over the counter
vkSj ;g dkmaVj vuqca/k ¼vksVhlh½ ij gS] dher cktkj dh xfr'khyrk contract (OTC), the price is determined by the market dynamics.
}kjk fu/kkZfjr dh tkrh gSA
blfy, pkyw vkSj xr o"kZ ds fy, vkjchvkbZ ds ekStwnk fn'kkfunsZ'kksa ds As such no disclosure is to be made in terms of extant RBI
lanHkZ esa dksbZ izdVhdj.k ugha fd;k x;k gSA guidelines for Current & Previous year.
8- izfrHkwfrdj.k ls lacaf/kr izdVhdj.k 8. Disclosures relating to securitisation

¼la[;k@jkf'k ` djksM+ esa½ (Numbers/Amount in ` crore)
Simple,
ljy]
xSj& Transparent
ikjn'khZ Non-STC
,lVhlh and
vkSj rqyuh; transactions
ysunsu Comparable
Ø- ¼,lVhlh½ Sr. (STC)
fooj.k Particulars
la- No
Previous Year
pkyw xr pkyw xr
Current Year
Current Year
Previous Year
March 31
March 31
March 31
March 31
o"kZ o"kZ o"kZ o"kZ
31 31 31 31
ekpZ ekpZ ekpZ ekpZ
1- izorZd }kjk mRiUUk 'kwU; 'kwU; 'kwU; 'kwU; 1. No of SPEs holding NIL NIL NIL NIL
izfrHkwfrdj.k ysunsu ds fy, assets for securitization
laifÙk j[kus okys ,lihbZ dh transactions originated
by the originator
la[;k ¼;gka dsoy cdk;k
(only the SPVs relating
izfrHkwfrdj.k ,Dlikstj ls to outstanding
lacaf/kr ,lihoh dh lwpuk securitization exposures
nh tk,xh½ to be reported here)
2- ,lihbZ dh cfg;ksa ds vuqlkj 'kwU; 'kwU; 'kwU; 'kwU; 2. Total amount of NIL NIL NIL NIL
izfrHkwr laifÙk dh dqy jkf'k securitised assets as per
books of the SPEs
3- rqyu i=k dh rkjh[k dks 'kwU; 'kwU; 'kwU; 'kwU;
3. Total amount of NIL NIL NIL NIL
,evkjvkj dk vuqikyu exposures retained by
djus ds fy, izorZd }kjk the originator to comply
j[ks x, ,Dlikstj dh dqy with MRR as on the date
jkf'k of balance sheet
,½ rqyu&i=ksrj ,Dlikstj 'kwU; 'kwU; 'kwU; 'kwU; a) Off-balance sheet NIL NIL NIL NIL
 izFke gkfu exposures
 First loss
 vU;
 Others
ch½ rqyu&i=k ,Dlikstj 'kwU; 'kwU; 'kwU; 'kwU; b) On-balance sheet NIL NIL NIL NIL
 izFke gkfu exposures
 vU;  First loss
 Others
4- ,evkjvkj ds vykok 'kwU; 'kwU; 'kwU; 'kwU; 4. Amount of exposures NIL NIL NIL NIL
izfrHkwfrdj.k ysunsu ds fy, to securitisation
,Dlikstj dh jkf'k transactions other than
MRR
314
ljy] Simple,
xSj& Transparent
ikjn'khZ Non-STC
,lVhlh and
ysunsu Comparable
Ø- ¼,lVhlh½ (STC)
Sr.
fooj.k Particulars
la- pkyw xr pkyw xr No
Previous Year
Current Year
Current Year
Previous Year
March 31
March 31
March 31
March 31
o"kZ o"kZ o"kZ o"kZ
31 31 31 31
ekpZ ekpZ ekpZ ekpZ
,½ rqyu&i=ksrj ,Dlikstj 'kwU; 'kwU; 'kwU; 'kwU; a) Off-balance sheet NIL NIL NIL NIL
i) Lo;a ds izfrHkwfrdj.k ds exposures
fy, ,Dlikstj i) Exposure to own
 izFke gkfu securitisations
 vU;  First loss
 Others
ii½ rhljs i{k ds izfrHkwfrdj.k
ii) Exposure to third
ds fy, ,Dlikstj party securitizations
 izFke gkfu  First loss
 vU;  Others
ch½ rqyu&i=k ,Dlikstj 'kwU; 'kwU; 'kwU; 'kwU; b) On-balance sheet NIL NIL NIL NIL
i) Lo;a ds izfrHkwfrdj.k ds exposures
fy, ,Dlikstj i) Exposure to own
 izFke gkfu securitisations
 First loss
 vU;
 Others
ii½ rhljs i{k ds izfrHkwfrdj.k ii) Exposure to third
ds fy, ,Dlikstj party securitizations
 izFke gkfu  First loss
 vU;  Others
5- izfrHkwfrÑr vkfLr;ksa ds 'kwU; 'kwU; 'kwU; 'kwU; 5. Sale consideration NIL NIL NIL NIL
fy, izkIr fcØh izfrQy vkSj received for the
izfrHkwfrdj.k ds dkj.k fcØh securitised assets and
ij ykHk@gkfu gain/loss on sale on
account of securitisation
6- pyfuf/k leFkZu] 'kwU; 'kwU; 'kwU; 'kwU;
6. Form and quantum NIL NIL NIL NIL
izfrHkwfrdj.k ds ckn nh xbZ (outstanding value) of
vkfLr lsok vkfn ds ek/;e services provided by way
ls iznku dh tkus okyh of liquidity support,
lsokvksa dk QkWeZ vkSj ek=kk post-securitisation asset
¼cdk;k ewY;½A servicing, etc.
7- iznku dh xbZ lqfo/kk dk 'kwU; 'kwU; 'kwU; 'kwU; 7. Performance of facility NIL NIL NIL NIL
provided, please
izn'kZu] Ñi;k izR;sd lqfoèkk
provide separately for
ds fy, vyx ls iznku djsa each facility viz. Credit
tSls fd ØsfMV o`f)] rjyrk enhancement, liquidity
lgk;rk] l£oflax ,tsaV support, servicing agent
vkfn iznku dh xbZ lqfo/kk ds etc. Mention percent in
dqy ewY; ds :i esa czSdsV esa bracket as of total value
izfr'kr dk mYys[k djsaA of facility provided.
,½ Hkqxrku dh xbZ jkf'k a) Amount paid
ch½ pqdkSrh izkIr b) Repayment received
c) Outstanding amount
lh½ cdk;k jkf'k
315
ljy] Simple,
xSj& Transparent
ikjn'khZ Non-STC
,lVhlh and
ysunsu Comparable
Ø- ¼,lVhlh½ (STC)
Sr.
fooj.k Particulars
la- pkyw xr pkyw xr No
Previous Year
Current Year
Current Year
Previous Year
March 31
March 31
March 31
March 31
o"kZ o"kZ o"kZ o"kZ
31 31 31 31
ekpZ ekpZ ekpZ ekpZ
8- Hkwrdky esa ik, x, 'kwU; 'kwU; 'kwU; 'kwU; 8. Average default rate of NIL NIL NIL NIL
iksVZQksfy;ks dh vkSlr pwd portfolios observed in
njA Ñi;k izR;sd ifjlaifÙk the past. Please provide
oxZ ds fy, vyx ls czsdvi breakup separately for
iznku djsa mnkgj.k ds fy, each asset class i.e.
vkj,ech,l] okgu _.k RMBS, Vehicle Loans etc.
vkfnA 9. Amount and number NIL NIL NIL NIL
9- leku var£ufgr ifjlaifÙk 'kwU; 'kwU; 'kwU; 'kwU; of additional/top up
ij fn, x, vfrfjä@ loan given on same
VkWi vi _.k dh jkf'k underlying asset.
vkSj la[;kA Ñi;k izR;sd Please provide breakup
ifjlaifÙk oxZ ds fy, separately for each asset
vyx ls czsdvi iznku class i.e. RMBS, Vehicle
djsa mnkgj.k ds fy, Loans etc.
vkj,ech,l] okgu _.k 10. Investor complaints NIL NIL NIL NIL
vkfnA a) Directly / Indirectly
10- fuos'kdksa dh f'kdk;rsa 'kwU; 'kwU; 'kwU; 'kwU; received and
,½ izR;{k @ vizR;{k :i ls b) Complaints out standing
izkIr vkSj
9. Off balance sheet SPVs sponsored (which are required to
ch½ yafcr@cdk;k f'kdk;rsa
be consolidated as per accounting norms)
9- rqyu&i=ksrj izk;ksftr ,lihoh ¼ftUgsa ys[kkadu ekunaMksa
ds vuqlkj lesfdr fd;k tkuk vko';d gS½ Name of the SPV sponsored
,lihoh le£Fkr ds uke Current Year Previous Year
pkyw o"kZ xr o"kZ Domestic Overseas Domestic Overseas
?kjsyw fons'k ?kjsyw fons'k NIL NIL NIL NIL
'kwU; 'kwU; 'kwU; 'kwU;
10. Transfers to Depositor Education and Awareness Fund
10- tekdrkZ f'k{kk vkSj tkx:drk dks"k ¼MhbZ, QaM½ esa varj.k (DEA Fund)
(Amount in ` crore)
Particulars
No. Year Year
i) MhbZ, QaM esa varfjr jkf'k dk izkjafHkd 4485-80 2323-62
i)
Opening balance of amounts 4485.80 2323.62
'ks"k transferred to DEA Fund
ii) bZvkschlh vkSj bZ;w,uvkbZ ds lekesyu 0-00 1481-06 ii) Addition on account of 0.00 1481.06
ds dkj.k tksM+ amalgamation of eOBC and eUNI
iii) Add: Amounts transferred to DEA 665.21 784.59
iii) tksM+% o"kZ ds nkSjku MhbZ, QaM esa 665-21 784-59 Fund during the Year
varfjr jkf'k iv) Less: Amounts reimbursed by DEA 81.69 103.47
iv) Fund towards claims during the
?kVk,a% o"kZ ds nkSjku nkoksa ds fy, MhbZ, 81-69 103-47 Year
QaM }kjk izfriw£r dh xbZ jkf'k v) Closing balance of amounts 5069.32 4485.80
v) MhbZ, QaM esa varfjr jkf'k dk vafre 'ks"k 5069-32 4485-80 transferred to DEA Fund
316
11- f'kdk;rksa dk izdVhdj.k 11. Disclosure of complaints
,½ ,Vh,e f'kdk;rksa lfgr xzkgdksa vkSj yksdiky ds dk;kZy;ksa ls cSad a) Summary Information on Complaints received by the bank
from customers and from the Offices of Ombudsman,
}kjk izkIr f'kdk;rksa ij laf{kIr tkudkjh
including ATM complaints
Ø- la- fooj.k pkyw o"kZ xr o"kZ Current Previous
Sr. No. Particulars
cSad dks vius xzkgdksa ls izkIr f'kdk;rsa Year Year
Complaints received by the bank from its customers
1- o"kZ dh 'kq#vkr esa yafcr f'kdk;rksa dh 27282 3831
1. Number of complaints pending at 27282 3831
la[;k
beginning of the year
2- o"kZ ds nkSjku izkIr f'kdk;rksa dh la[;k 619507 1306250 2. Number of complaints received 619507 1306250
3- o"kZ ds nkSjku fuiVkbZ xbZ f'kdk;rksa 642589 1282799 during the Year
dh la[;k 3. Number of complaints disposed 642589 1282799
during the Year
3-1 ftuesa ls] cSad }kjk jí dh xbZ 149163 441362 3.1 Of which, number of 149163 441362
f'kdk;rksa dh la[;k complaints rejected by the
4- o"kZ ds var esa yafcr f'kdk;rksa dh 4200 27282 bank
la[;k 4. Number of complaints pending at 4200 27282
the end of the Year
yksdiky dk;kZy; ls cSad dks izkIr j[kh xbZ@ vuqj{k.kh; Maintainable complaints received by the bank from Office
f'kdk;rsa of Ombudsman
5- yksdiky dk;kZy; ls cSad dks izkIr 16249* 18428** 5. Number of maintainable 16249* 18428**
j[kh xbZ@ vuqj{k.kh; f'kdk;rksa dh complaints received by the bank
la[;k from Office of Ombudsman
5.1 Of 5, number of complaints 15193 16195
5-1 5 esa ls] yksdiky dk;kZy; 15193 16195 resolved in favour of the bank
}kjk cSad ds i{k esa gy dh xbZ by Office of Ombudsman
f'kdk;rksa dh la[;k 5.2 Of 5, number of complaints 785 1423
5-2 5 esa ls] yksdiky ds dk;kZy; 785 1423 resolved through
}kjk tkjh lqyg@e/;LFkrk@ co n c i l i at i o n / m e d i at i o n /
advisories issued by Office of
lykg ds ek/;e ls gy dh xbZ
Ombudsman
f'kdk;rksa dh la[;k
5.3 Of 5, number of complaints 2 12
5-3 5 esa ls] cSad ds f[kykQ 2 12 resolved after passing
yksdiky dk;kZy; }kjk tkjh of Awards by Office of
fd;s fu.kZ; djus ds ckn gy dh Ombudsman against the
xbZ f'kdk;rksa dh la[;k bank
6. Number of Awards 0 0
6- fu/kkZfjr le; ds Hkhrj ykxw ugha fd, 0 0 unimplemented within the
x, fu.kZ;ksa dh la[;k ¼vihy fd, x, stipulated time (other than
iqjLdkjksa ds vykok½ those appealed)
*foÙk o"kZ 2021&22 ds nkSjku izkIr dqy f'kdk;rsa 16525 gSa] ftuesa ls dqy *Total complaints received during the FY 2021-22 are 16525, out of
which total non-maintainable/ rejected complaints are 276, therefore,
xSj&j[kj[kko@vLohÑr f'kdk;rsa 276 gSa] blfy,] foÙk o"kZ 2021&22 ds total maintainable complaints received during the FY 2021-22 are
nkSjku izkIr dqy j[kj[kko ;ksX; f'kdk;rsa 16249 gSaA 31-03-2022 rd yafcr 16249. The pendency as on 31.03.2022 is 269.
f'kdk;rsa 269 gSaA **Total complaints received during the FY 2020-21 were 18442, out of
**foÙk o"kZ 2020&21 ds nkSjku izkIr dqy f'kdk;rsa 18442 Fkha] ftuesa ls dqy which total non-maintainable/ rejected complaints were 14, therefore,
xSj&j[kj[kko@vLohÑr f'kdk;rsa 14 Fkha] blfy,] foÙk o"kZ 2020&21 ds total maintainable complaints received during the FY 2020-21 were
nkSjku izkIr dqy j[kj[kko ;ksX; f'kdk;rsa 18428 FkhaA 31-03-2021 rd yafcr 18428. The pendency as on 31.03.2021 was 798, which are resolved
f'kdk;rsa 798 Fkha ftudk lek/kku o"kZ ds nkSjku fd;k tkrk gSA during the year.
Note: Maintainable complaints refer to complaints on the grounds
uksV% vuqj{k.k ;ksX; f'kdk;rsa fo'ks"k :i ls ,dhÑr yksdiky ;kstuk] 2021 specifically mentioned in Integrated Ombudsman Scheme, 2021
¼igys cSa¯dx yksdiky ;kstuk] 2006½ esa mfYyf[kr vk/kkjksa ij f'kdk;rksa dks (Previously Banking Ombudsman scheme, 2006) and covered within
lan£Hkr djrh gSa vkSj ;kstuk ds nk;js esa vkrh gSaA the ambit of the scheme.
317
ch½ xzkgdksa ls cSad dks izkIr f'kdk;rksa ds 'kh"kZ ikap vk/kkj*
o"kZ dh 'kq#vkr fiNys o"kZ dh rqyuk o"kZ ds var 5 esa ls 30 fnuksa

o"kZ ds nkSjku
f'kdk;rksa ds vk/kkj] esa yafcr esa izkIr f'kdk;rksa esa yafcr ls vf/kd yafcr
izkIr f'kdk;rksa
¼vFkkZr fuEu ls lacaf/kr f'kdk;rsa½ f'kdk;rksa dh dh la[;k esa % dh f'kdk;rksa f'kdk;rksa dh
dh la[;k
la[;k o`f)@deh dh la[;k la[;k
1 2 3 4 5 6
pkyw o"kZ
,Vh,e@MsfcV dkMZ 20905 504312 &57-92 3342 0
[kkrk [kksyuk@[kkrksa ds lapkyu esa 2165 33950 21-42 235 0
dfBukbZ
baVjusV@eksckby@bysDVªkWfud cSafdax 320 15216 2-21 27 0
_.k vkSj vfxze 380 5074 &5-35 60 0
ofj"B ukxfjdksa@fu%'kätuksa ds fy, 232 2827 &17-46 1 0
isa'ku vkSj lqfo/kk,a
vU; 3280 58128 3-38 535 2
dqy 27282 619507 &52-57 4200 2
xr o"kZ
,Vh,e@MsfcV dkMZ 2118 1198388 &7-47 20905 127
[kkrk [kksyuk@[kkrksa ds lapkyu esa 29 27961 89-16 2165 1080
dfBukbZ
baVjusV@eksckby@bysDVªkWfud cSafdax 20 14887 74-48 320 62
_.k vkSj vfxze 163 5361 30-18 380 207
ofj"B ukxfjdksa@fu%'kätuksa ds fy, 62 3425 42-06 232 106
isa'ku vkSj lqfo/kk,a
vU; 1439 56228 1630-62 3280 1437
dqy 3831 1306250 &1-66 27282 3019
*cSadksa ds f'kdk;r fuokj.k ra=k dk lqn`<+hdj.k ij 27 tuojh 2021 ds ifji=k lhbZihMh-lhvks-ihvkjMh-ifj-la-01@13-01-013@2020&21 ds ifjf'k"V 1 esa iznku
dh xbZ f'kdk;rksa ds vk/kkj dh igpku ds fy, ekLVj lwph ds vuqlkj*A
12- Hkkjrh; fjtoZ cSad }kjk yxk, x, naM dk [kqyklk
12- i½ cSa¯dx fofu;eu vf/kfu;e 1949
Øekad pkyw o"kZ xr o"kZ

1- cSa¯dx fofu;eu vf/kfu;e 1949 dh /kkjk 46¼4½¼i½ ds lkFk ifBr /kkjk 47, ¼1½ ¼lh½ ds rgr iznÙk 'kfä;ksa dk iz;ksx djrs gq,] 'kwU;
vkjchvkbZ us cSad ij ¼vkns'k fnukad 07 twu ] 2021½ vkbZ,lbZ 2018 vkSj 2019 ls lacaf/kr dqy ` 2 djksM+ ¼nks djksM+ #i;s½
dk tqekZuk yxk;kA
d- /kks[kk/kM+h dh fjiks²Vx esa nsjh ¼2017&18 ds nkSjku 143 ekeys vkSj 2018&19 ds nkSjku 145 ekeys½(
vkSj
[k- lhvkjvkbZ,ylh IysVQkWeZ ij@vkjchvkbZ dks MsVk tek djrs le; MsVk lVhdrk vkSj v[kaMrk lqfuf'Pkr ugha djuk
¼o"kZ 2017&18 ds nkSjku 42 ekeys vkSj 2018&19 ds nkSjku 46 ekeys½ ds fy,
2- cSa¯dx fofu;eu vf/kfu;e 1949 dh /kkjk 46¼4½¼i½ vkSj 51¼1½ ds lkFk ifBr /kkjk 47, ¼1½ ¼lh½ ds rgr iznÙk 'kfä;ksa dk
iz;ksx djrs gq, vkjchvkbZ us cSa¯dx fofu;eu vf/kfu;e 1949 dh /kkjk 19¼2½ ds izko/kkuksa tSls pkj ¼04½ m/kkjdrkZ daifu;ksa
esa 'ks;j j[kus ds fy, pqdrk mu daifu;ksa dh iwath 'ks;j ds 30% ls vf/kd dh jkf'k ds fxjoh ds :i esa j[kus ds mYya?ku esa
¼vkns'k fnukad 15 fnlacj 2021½ cSad ij dqy `1-80 djksM+ ¼,d djksM+ vLlh yk[k #i,½ dk tqekZuk yxk;kA
318
b) Top five grounds* of complaints received by the bank from customers
Number of Number of % Increase/ decrease Number of Of 5, number

Grounds of complaints, complaints pending complaints in the number of complaints of complaints
(i.e. complaints relating to) at the beginning of received during complaints received pending at the pending beyond
the year the Year over the Previous year end of the Year 30 days
1 2 3 4 5 6
Current Year
ATM/ Debit cards 20905 504312 -57.92 3342 0
Account opening/ difficulty in 2165 33950 21.42 235 0
operations of accounts
Internet/ Mobile/ Electronic 320 15216 2.21 27 0
banking
Loans and Advances 380 5074 -5.35 60 0
Pension and facilities for senior 232 2827 -17.46 1 0
citizens/ differently abled
Others 3280 58128 3.38 535 2
Total 27282 619507 -52.57 4200 2
Previous Year
ATM/Debit cards 2118 1198388 -7.47 20905 127
Account opening/ difficulty in 29 27961 89.16 2165 1080
operations of accounts
Internet/ Mobile/ Electronic 20 14887 74.48 320 62
banking
Loans and Advances 163 5361 30.18 380 207
Pension and facilities for senior 62 3425 42.06 232 106
citizens/ differently abled
Others 1439 56228 1630.62 3280 1437
Total 3831 1306250 -1.66 27282 3019
*As per Master List for identifying grounds of complaints as provided in Appendix 1 to circular CEPD.CO.PRD.Cir.No.01/13.01.013/2020-21 dated
January 27, 2021 on ‘Strengthening the Grievance Redress Mechanism of Banks’.
12. Disclosure of penalties imposed by the Reserve Bank of India

12. i) Banking Regulation Act 1949
Sl. No. Current Year Previous Year

1. In exercise of powers conferred under section 47A (1)(c) read with sections 46(4)(i) of the Banking NIL
Regulation Act 1949, RBI imposed an aggregate penalty of ` 2 crore (Rupees Two crore) (Order dated
June 07, 2021) on Bank pertaining to ISE 2018 & 2019, for
a. Delay in reporting of frauds (143 cases during 2017-18 & 145 cases during 2018-19);
AND
b. Not ensuring data accuracy and integrity while submitting data on CRILC platform / to RBI (42
instances during 2017-18 & 46 instances during 2018-19).
2. In exercise of powers conferred under section 47A (1)(c) read with sections 46(4)(i) & 51(1) of the
Banking Regulation act 1949, RBI imposed an aggregate penalty of ` 1.80 crore (Rupees one crore
& eighty lakhs only) on bank for holding shares in four (04) borrower companies, as pledgee, of an
amount exceeding 30% of paid-up share capital of those companies in contravention of provisions of
section 19(2) of Banking Regulation Act, 1949 (Order dated December 15, 2021)
319
12- ii½ Hkqxrku vkSj fuiVku iz.kkyh vf/kfu;e] 2007% 12. ii) Payment and Settlement System Act, 2007:
Øekad pkyw o"kZ xr o"kZ Sl. Current

Previous Year
No. Year
1- 'kwU; ih,l,l vf/kfu;e dh /kkjk 30 ds lanHkZ esa
iznÙk 'kfä;ksa dk iz;ksx djrs gq, vkjchvkbZ 1. NIL In exercise of powers conferred in terms
of Section 30 of the PSS Act RBI vide
us fnukad 13 uoacj 2020 ds vkns'k ds rgr speaking order dated 13th November
vizSy] 2010 ls Mªd ih,uch cSad fyfeVsM 2020 imposed upon bank, a penalty of
¼Mhih,uch,y½] HkwVku ds lkFk vuqeksnu@ `1.00 Crore for operating a bilateral ATM
izkf/kdj.k ds fcuk f}i{kh; ,Vh,e lkÖkkdj.k sharing arrangement with Druk PNB Bank
O;oLFkk ds lapkyu ds fy, 8 tqykbZ 2010 Ltd. (DPNBL), Bhutan since April, 2010
ds i=k Mhih,l,l@lhvks@ihMh@la- without approval / authorization from RBI,
74@02@10@002@2010&11 ds ek/;e ls in violation of RBI instructions issued vide
letter DPSS. CO. PD.No. 74/ 02.10.002/
tkjh vkjchvkbZ ds funsZ'kksa dk mYya?ku djrs
2010-11 dated July 8, 2010, wherein bank
gq, ` 1-00 djksM+ dk tqekZuk yxk;k gS ftlesa was advised to seek authorization before
cSad dks bl Hkqxrku iz.kkyh dks ykxw djus ls implementing this payment system
igys izkf/kdj.k ysus dh lykg nh xbZ FkhA
12- iii½ ljdkjh izfrHkwfr vf/kfu;e] 2006 ¼,lth,y dh 12. iii) Government Securities Act, 2006 (Bouncing of
ckma¯lx½% SGL):
01-04-2021 ls 31-03-2022 dh vof/k ds nkSjku ,lth,y izfrHkwfr;ksa dh Particulars of Bouncing of SGL securities during the period
ckma¯lx dk fooj.k ` 'kwU; gS ¼xr o"kZ% ` 'kwU;½ 01.04.2021 to 31.03.2022 is ` NIL (previous year: ` NIL)
12- iv½ fjolZ jsiks ysunsu ds rgr pwd ls lacaf/kr 12. iv) Disclosure relating to default under reverse repo
izdVhdj.k% transaction:

pkyw o"kZ xr o"kZ
Quantum of Quantum of
Hkkjrh; fjt+oZ cSad Hkkjrh; fjt+oZ cSad
mnkgj.kksa mnkgj.kksa Number of penalty paid Number of penalty paid
dks Hkqxrku fd, dks Hkqxrku fd, instances to Reserve instances to Reserve
dh la[;k dh la[;k
x, naM dh ek=kk x, naM dh ek=kk Bank of India Bank of India
'kwU; 'kwU; 'kwU; 'kwU; NIL NIL NIL NIL
13- iw.kZdkfyd funs'kdksa@eq[; dk;Zikyd vf/kdkjh ds 13. Disclosure on remuneration of Whole Time Directors/
ikfjJfed ij izdVhdj.k% Chief Executive Officer:
uke inuke pkyw o"kZ xr o"kZ Current Previous

Name Designation
Year Year
Jh vrqy dqekj izca/k funs'kd rFkk eq[; 0-10 0-00 Shri Atul Kumar Managing
0.10 0.00
xks;y dk;Zikyd vf/kdkjh Goel Director & CEO
Jh lh,p- ,l- ,l- iwoZ izca/k funs'kd rFkk 0-84 0-34 Shri CH S S Ex Managing
efYydktqZu jko eq[; dk;Zikyd vf/kdkjh 0.84 0.34
Mallikarjuna Rao Director & CEO
Jh lat; dqekj dk;Zikyd funs'kd 0-32 0-29 Shri Sanjay Kumar Executive Director 0.32 0.29
Jh fot; nqcs dk;Zikyd funs'kd 0-32 0-17
Shri Vijay Dube Executive Director 0.32 0.17
Jh Lo#i dqekj dk;Zikyd funs'kd 0-39 0-01
lkgk Shri Swarup Kumar Executive Director
0.39 0.01
Saha
Jh dY;k.k dqekj dk;Zikyd funs'kd 0-14 0-00
Shri Kalyan Kumar Executive Director 0.14 0.00
320
Current Previous
uke inuke pkyw o"kZ xr o"kZ Name Designation
Year Year
Jh eqds'k dqekj tSu iwoZ izca/k funs'kd rFkk 0-01 0-74 Shri Mukesh Ex MD & CEO
0.01 0.74
eq[; dk;Zikyd vf/kdkjh Kumar Jain
Jh v'kksd dqekj iwoZ izca/k funs'kd rFkk 0-01 0-00 Shri Ashok Kumar Ex MD & CEO
0.01 0.00
Pradhan
iz/kku eq[; dk;Zikyd vf/kdkjh
Shri Rajesh Kumar Ex Executive
Jh jkts'k dqekj iwoZ dk;Zikyd funs'kd 0-01 0-74 0.01 0.74
Yaduvanshi Director
;nqoa'kh
Shri Agyey Kumar Ex Executive
0.59 0.61
Jh vKs; dqekj iwoZ dk;Zikyd funs'kd 0-59 0-61 Azad Director
vktkn Shri Bal Krishna Ex Executive
0.01 0.55
Jh cky Ñ".k vYls iwoZ dk;Zikyd funs'kd 0-01 0-55 Alse Director
Total 2.74 3.45
dqy 2-74 3-45
14. Other Disclosure
14- vU; izdVhdj.k
14. a) Business ratios
14- ,½ O;kikj vuqikr
fooj.k pkyw o"kZ xr o"kZ Particular Current Year Previous Year
5.59% 6.09% Interest Income as a 5.59% 6.09%
dk;Z'khy fuf/k ds izfr'kr ds :i esa C;kt
percentage to Working Funds
vk;
Non-interest income as a 0.92% 0.97%
dk;Z'khy fuf/k ds izfr'kr ds :i esa xSj&C;kt 0.92% 0.97%
percentage to Working Funds
vk; Cost of Deposits 3.99% 4.44%
tek dh ykxr 3.99% 4.44%
Net Interest Margin 2.71% 2.88%
fuoy C;kt ek£tu 2.71% 2.88%
Operating Profit as a 1.55% 1.73%
dk;Z'khy fuf/k ds izfr'kr ds :i esa ifjpkyu 1.55% 1.73% percentage to Working Funds
ykHk Return on Assets 0.26% 0.15%
vkfLr;ksa ij izfrykHk 0.26% 0.15% Business (deposits plus 19.41 18.85
19.41 18.85 advances) per employee
izfr deZpkjh O;kikj ¼tek vkSj vfxze½ (in ` crore)
¼` djksM+ esa½
Profit per employee 0.04 0.02
izfr deZpkjh ykHk ¼` djksM+ esa½ 0.04 0.02
(in ` crore)
14- ch½ cSad&chek@cSad ,';ksjsal O;kikj 14. b) Bancassurance business
Details of Fees/ Brokerage earned in respect of Insurance
cSad }kjk fd, x, chek czksfdax] ,tsalh vkSj cSad,';ksjsal O;olk; ds
broking, agency and bancassurance business undertaken by
laca/k esa v£tr 'kqYd@czksdjst dk fooj.k
the bank
¼i½ thou chek O;olk;( 294-04 276-21 (i) Life Insurance Business; 294.04 276.21
(ii) Non-life Insurance 100.59 92.65
¼ii½ xSj&thou chek O;olk;( 100-59 92-65 Business;
¼iii½ iz/kku ea=kh thou T;ksfr chek ;kstuk 10-66 8-42 (iii) Prime Minister Jeevan 10.66 8.42
¼ih,etstschokbZ½( Jyoti Bima Yojana
(PMJJBY);
¼iv½ iz/kku ea=kh lqj{kk chek ;kstuk 2-90 2-93 (iv) Prime Minister Suraksha 2.90 2.93
Bima Yojna
dqy 408-19 380-21
Total 408.19 380.21
321
14- lh½ foi.ku vkSj forj.k 14. c) Marketing and distribution
cSad }kjk fd, x, foi.ku vkSj forj.k dk;Z ¼cSad,';ksjsal O;olk; Details of Fee/remuneration received in respect of the
dks NksM+dj½ ds laca/k esa izkIr 'kqYd@ikfjJfed dk fooj.k marketing and distribution function (excluding bancassurance
business) undertaken by the bank
(i) E;wpqvy QaM O;kikj( 5.72 3.81
(i) Mutual Fund Business; 5.72 3.81
(ii) vVy isa'ku ;kstuk ¼,ihokbZ½( 8.98 11.56
(ii) Atal Pension Yojna (APY); 8.98 11.56
(iii) vk/kkj ij vk;@deh'ku( 6.28 3.50
(iii) Income / Commission on 6.28 3.50
117.27 115.14 Aadhar;
(iv) isa'ku(
(iv) Pension; 117.27 115.14
(v) dj vkSj vU;( 51.09 44.30
(v) Taxes & Others; 51.09 44.30
(vi) ljdkjh tek ;kstuk( 18.68 12.77
(vi) Govt. Deposit Scheme; 18.68 12.77
(vii) djsalh psLV 1.68 1.88
(vii) Currency Chest 1.68 1.88
dqy 209.70 192.96
TOTAL 209.70 192.96
14- Mh½ izkFkfedrk&izkIr {ks=k m/kkj izek.ki=kksa ¼ih,y,llh½
ds laca/k esa izdVhdj.k 14. d) Disclosures regarding Priority Sector Lending
certificates (PLSCs)
(Amount in ` crore)
xr o"kZ ds nkSjku
x;k ih,l,ylh
nkSjku cspk x;k

nkSjku cspk x;k
ih,l,ylh ds
the Previous Year

nkSjku [kjhnk
PSLC sold during
PSLC sold during

the Current Year
ih,l,ylh
ih,l,ylh
ih,l,ylh
pkyw o"kZ ds
pkyw o"kZ ds
[kjhnk x;k
Types of PSLCs
Previous Year
xr o"kZ ds
Current Year
PSLC bought
PSLC bought
during the
during the
Ø-
izdkj
Sr.
la-
No.
1 Ñf"k 0-00 0-00 9998-50 0-00

1 Agriculture 0.00 0.00 9998.50 0.00
2 NksVs vkSj 6000-00 0-00 0-00 0-00
2 Small and 6000.00 0.00 0.00 0.00
lhekar fdlku Marginal
Farmers
3 vfr y?kq 0-00 0-00 0-00 0-00
m|ksx
3 Micro 0.00 0.00 0.00 0.00
4 lkekU; 0-00 0-00 0-00 0-00 Enterprises
dqy 6000-00 0-00 9998-50 0-00 4 General 0.00 0.00 0.00 0.00
[kjhns x, 150-01 0-00 180-85 0-00 TOTAL 6000.00 0.00 9998.50 0.00
ih,l,ylh ds fy,
Fee Paid for 150.01 0.00 180.85 0.00
Hkqxrku fd;k x;k
PSLCs purchased
'kqYd
322
14- bZ½ izko/kku vkSj vkdfLedrk,a 14. e) Provisions and contingencies
ykHk vkSj gkfu [kkrs esa ukes fd;k x;k pkyw o"kZ xr o"kZ Provision debited to Profit and Loss Current Previous
izko/kku Account Year Year
i½ ,uihvkbZ ds fy, izko/kku 348-50 &221-70 i) Provisions for NPI 348.50 -221.70
ii½ ,uih, ds fy, izko/kku 14158-59 17059-51 ii) Provision towards NPA 14158.59 17059.51
iii½ vk;dj ds fy, fd;k x;k izko/kku 859-43 1457-78
iii) Provision made towards Income 859.43 1457.78
¼vuq"kaxh ykHk dj vkSj laifÙk dj Tax (including Fringe Benefit Tax &
lfgr½ Wealth Tax)
iv½ ekud vkfLr;ksa ds fy, izko/kku 1255-26 1207-58 iv) Provision towards Standard Assets 1255.26 1207.58
v½ vU; izko/kku vkSj vkdfLedrk,a 683-08 634-39
¼fooj.k ds lkFk½ v) Other Provisions and Contingencies 683.08 634.39
(with details)
C;kSjk pkyw o"kZ xr o"kZ Current Previous
Detail
,QvkbZVh,y 389-27 66-29 Year Year
lfgr ekud Standard
Restructured
iqujZfpr 389.27 66.29
including
cV~Vs [kkrs 293-81 568-10 FITL
esa Mkyk x;k Written off &
293.81 568.10
vkSj vU; others
dqy 17304-86 20137-56 TOTAL 17304.86 20137.56
14- ,Q½ vkbZ,Qvkj,l vfHklfjr Hkkjrh; ys[kk ekudksa dk 14. f) Implementation of IFRS converged Indian Accounting
dk;kZUo;u ¼baM ,,l½ Standards (Ind AS)
bl laca/k esa gqbZ izxfr lfgr baM&,,l dk;kZUo;u dh The strategy for Ind AS implementation, including the progress
j.kuhfr% made in this regard:
Þvuqlwfpr okf.kfT;d cSadksa ¼{ks=kh; xzkeh.k cSadksa dks NksM+dj½ “IND AS roadmap for scheduled commercial banks (excluding
chekdrkZvksa@chek daifu;ksa vkSj xSj&cSa¯dx foÙkh; daifu;ksa ¼NBFC½ regional rural banks), insurers/insurance companies and non-
ds fy, baM ,,l jksMeSi dks dsaæh; dkWiksZjsV ekeyksa ds ea=kky; ¼MCA½ banking financial companies (NBFCs) was issued by Union
}kjk 18 tuojh 2016 dks izsl foKfIr ds ek/;e ls tkjh fd;k x;k Ministry of Corporate Affairs (MCA) through press release
FkkA foÙkh; o"kZ 2018&19 ls ,elh, izsl foKfIr ds vuqlkj] ftls dated 18 January 2016. IND AS was applicable to the Bank in
vkjchvkbZ dh izsl foKfIr ¼2017&18@2642½ fnukad 5 vizSy 2018 ds accordance with the MCA press release from financial year
2018-19 which was deferred to financial year 2019-20 vide
ek/;e ls foÙkh; o"kZ 2019&20 ds fy, LFkfxr dj fn;k x;k Fkk baM
RBI’s Press Release (2017-18/2642) dated 5 April 2018. RBI
,,l ij ykxw FkkA vkjchvkbZ us vius ifji=k la[;k Mhchvkj@chih@
has further deferred implementation of IND AS till further
ua@29-21-07-001@2018&19 fnukad 22-03-2019 ds rgr vxyh lwpuk
notice vide its Circular no DBR.BP.BC.No. 29/21.07.001/2018-
rd baM ,l ds dk;kZUo;u dks vkSj LFkfxr dj fn;k gSA rnuqlkj]
19 dated 22.03.2019. The Bank accordingly, has appointed a
cSad us baM&,,l ds dk;kZUo;u esa lgk;rk ds fy, ,d lykgdkj dh Consultant to assist in implementation of the Ind AS. The Audit
fu;qfä dh gSA cksMZ dh ys[kk ijh{kk lfefr dks le;≤ ij dh xbZ Committee of the Board is being apprised of the progress made
izxfr ls voxr djk;k tk jgk gSA baM&,,l ds dk;kZUo;u ds fy, cSad from time to time. The Bank has a well-planned strategy for
dh ,d lqfu;ksftr j.kuhfr gS vkSj bl laca/k esa i;kZIr izxfr dh gSA Ind AS implementation and has made substantial progress in
blds vykok] cSad fu/kkZfjr vof/k ds vuqlkj izksQkekZ baM ,,l foÙkh; this regard. Further, Bank is submitting the Proforma Ind AS
fooj.kh vkjchvkbZ dks izLrqr dj jgk gSAÞ Financial Statements to the RBI as per prescribed periodicity.”
323
14- th½ MhvkbZlhthlh chek izhfe;e dk Hkqxrku 14. g) Payment of DICGC Insurance Premium
Ø-la- fooj.k pkyw o"kZ xr o"kZ Sr. No. Particulars Current Year Previous Year
i½ MhvkbZlhthlh chek izhfe;e dk 1522-35 1441-64 i) Payment of DICGC 1522.35 1441.64

Hkqxrku Insurance Premium
ii) Arrears in payment NIL NIL

ii½ MhvkbZlhthlh izhfe;e ds Hkqxrku 'kwU; 'kwU;
of DICGC premium
esa cdk;k
15. Other Disclosures with respect to certain Accounting
15- dqN ys[kk ekudksa ds laca/k esa vU; izdVhdj.k Standards
15. a) Accounting Standard 5 - Net Profit or Loss for the
15- ,½ ys[kk ekud 5 & vof/k ds fy, 'kq) ykHk ;k gkfu] iwoZ period, Prior Period Items and Change in Accounting
vof/k dh ensa vkSj ys[kk uhfr esa ifjorZu% Policy:
pkyw vkSj fiNys o"kZ ds nkSjku ys[kk ekud 5 ds rgr izdVhdj.k dh During the Current and Previous year there were no material
vko';drk okyh dksbZ okLrfod iwoZ vof/k vk;@O;; ensa ugha FkhaA prior period income/expenditure items requiring disclosure
under Accounting Standard 5.
The financial results for the year ended March 31, 2022 have
31 ekpZ 2022 dks lekIr o"kZ ds foÙkh; ifj.kke mUgha ys[kkadu uhfr;ksa been prepared following the same Accounting Policies and
vkSj iz.kkfy;ksa dk ikyu djrs gq, rS;kj fd, x, gSa] ftudk ikyu practices as those followed in the annual financial statements
31 ekpZ 2021 dks lekIr o"kZ ds fy,] dsoy lk[k i=k vkSj cSad xkjaVh for the year ended March 31, 2021, except recognition of
ij deh'ku dh ekU;rk dks NksM+dj ok£"kd foÙkh; fooj.kksa esa fd;k commission on Letter of Credit and Bank Guarantee. With
x;k Fkk A 01 vizSy 2021 ls lk[k i=k vkSj cSad xkjaVh ij deh'ku dks effect from April 01, 2021, the commission on Letter of Credit
vc rd izkfIr ds vk/kkj ij dh xbZ ekU;rk dh rqyuk esa ml vof/k ds and Bank Guarantee is recognised as revenue to the extent
fy, v£tr jktLo ds :i esa ekU;rk nh xbZ gSA ys[kkadu uhfr esa bl accrued for the period as against recognition done on receipt
ifjorZu ds ifj.kkeLo:i 31 ekpZ 2022 dks lekIr frekgh ds fy, dj basis hitherto. This change in accounting policy has resulted in
iwoZ ykHk esa ` 11-67 djksM+ vkSj 31 ekpZ] 2022 dks lekIr o"kZ ds fy, decrease in profit before tax by ` 11.67 Crore for quarter ended
` 207-64 djksM+ dh deh gqbZ gSA March 31, 2022 and by ` 207.64 Crore for year ended March
31, 2022.
(Previous year: The financial results for the year ended March
¼xr o"kZ% 31 ekpZ 2021 dks lekIr o"kZ ds fy, foÙkh; ifj.kke ys[kkadu 31, 2021 was prepared following the Accounting Policies and
uhfr;ksa vkSj iz.kkfy;ksa dk ikyu djrs gq, rS;kj fd, x, gSa] tSlk fd 31 practices as those followed in the annual financial statements
ekpZ] 2020 dks lekIr o"kZ ds fy, ,uih, [kkrksa esa olwyh ds fofu;kstu for the year ended March 31, 2020, except appropriation of
dks NksM+dj] ok£"kd foÙkh; fooj.kksa esa ikyu fd;k x;k FkkA 31 ekpZ ds recoveries in NPA accounts. After March 31, 2020, the Bank has
ckn ] 2020 ds ckn] cSad us vius ,uih, [kkrksa esa olwyh ds fofu;ksx ds changed its accounting policy for appropriation of recovery in
fy, viuh ys[kk uhfr dks olwyh ds fofu;ksx dh iwoZorhZ uhfr] ftlesa NPA accounts from the earlier policy of appropriating recovery
igys izHkkjksa ds fo#) olwyh fQj ewy vfxze jkf'k rFkk ntZ@vekU; first against charges recorded then principal advance amount
vk; fofu;ksftr dh tkrh Fkh] dks ubZ uhfr ls izfrLFkkfir dj fn;k and balance towards recorded/derecognized income, to
gS ftlesa igys izHkkjksa ds fo#) olwyh fQj ewy ds fo#) ntZ C;kt@ the new policy of appropriation of recovery first against the
vekU; C;kt rFkk 'ks"k jkf'k fofu;ksftr dh tk,xhA ys[kkadu uhfr esa charges recorded, followed by recorded interest/derecognized
bl ifjorZu ds ifj.kke Lo#i 31 ekpZ 2021 dks lekIr o"kZ ds fy, dj interest and balance against the principal. This change in
iwoZ ykHk esa 611-97 djksM+ #i, dh o`f) gqbZ gSA½ accounting policy has resulted in increase in profit before tax by
Rs.611.97Crore for year ended March 31, 2021).
324
15- ch½ ys[kk ekud 9 & jktLo ekU;rk 15. b) Accounting Standard 9 - Revenue Recognition
vk; dh dqN enksa dks ys[kk uhfr la[;k 3-5 ds vuqlkj olwyh ds vk/kkj Certain items of income are recognized on realization basis
ij ekU;rk nh tkrh gSA gkykafd] mä vk; dks HkkSfrd ugha ekuk tkrk as per Accounting Policy No. 3.5. However, the said income is
gSA ¼fiNyk o"kZ% vk; dh dqN enksa dks ys[kk uhfr la[;k 3-5 ds vuqlkj not considered to be material. (Previous year: Certain items of
olwyh ds vk/kkj ij ekU;rk nh tkrh gSA gkykafd] mä vk; dks HkkSfrd income are recognized on realization basis as per Accounting
ugha ekuk tkrk gS½A Policy No. 3.5. However, the said income is not considered to
be material).
15- lh½ ys[kk ekud 10 & laifr;ka] la;a=k vkSj midj.k A 15. c) Accounting Standard 10 - Properties, Plant and
Equipment.
31 ekpZ] 2022 dks lekIr foÙk o"kZ ds fy, vkfLr;ksa ds izR;sd o"kZ ds fy, Break-up of total depreciation for the FY ended March 31, 2022
fd;s x, dqy ewY;gzkl dk C;kSjk% for each class of assets:
laifÙk dk oxZ pkyw o"kZ xr o"kZ Class of assets Current Year Previous Year
ifjlj 178-45 159-02 Premises 178.45 159.02
vU; vpy laifÙk 576-96 668-91 Other fixed assets 576.96 668.91
Leased assets 0.00 0.00
iV~Vs ij nh xbZ laifÙk 0-00 0-00
Computer software 133.20 146.99
daI;wVj lkW¶Vos;j 133-20 146-99
Total 888.61 974.92
dqy 888-61 974-92
15. d) Accounting Standard 11 –The Effects of Changes in
15- Mh½ ys[kk ekud 11 &fons'kh fofue; njksa esa ifjorZu ds foreign exchange rates:
izHkko%
Movement of Foreign Currency Translation Reserve
fons'kh eqæk Vªkalys'ku fjtoZ dk lapyu (Amount in ` crore)
¼jkf'k ` djksM+ esa½ Current Previous
Particulars
fooj.k pkyw o"kZ xr o"kZ Year Year
izkjafHkd tek 392-20 416-88 Opening balance 392.20 416.88
Addition/Deduction during the Year 5.42 -0.59
o"kZ ds nkSjku ykHk vkSj gkfu [kkrs esa ifjorZu 5-42 &0-59
due to change in Profit & Loss account
ds dkj.k tksM+@dVkSrh
Addition/Deduction during Year due to 21.81 -24.09
laifÙk vkSj ns;rkvksa ds vuqokn ds dkj.k o"kZ 21-81 &24-09 translation of Assets & Liabilities
ds nkSjku tksM+@dVkSrh Closing Balance 419.43 392.20
tek 'ks"k 419-43 392-20
325
15- bZ½ ys[kk ekud 15 & deZpkjh ykHk%
,,l&15¼vkj½ ds vuqlkj izdVhdj.k%

ys[kk uhfr ds vuq:i vkSj ys[kk ekud & 15 ¼vkj½ ds vuqlkj] jkstxkj ykHkksa dh laf{kIr fLFkfr fuEuor gS%
,- ifjHkkf"kr ykHk ;kstuk,a
rkfydk I & izeq[k chekafdd vuqeku vkSj bu ekU;rkvksa dk vk/kkj

isa'ku minku NqV~Vh udnhdj.k
chekafdd vuqeku
31.03. 2022 31.03. 2021 31.03. 2022 31.03. 2021 31.03. 2022 31.03. 2021
cV~Vk nj 7.20% 6.85% 6.95% 6.55% 6.95% 6.55%
;kstuk vkfLr;ksa ij laHkkfor ykHk 7.20% 6.85% 6.95% 6.55% 6.95% 6.55%
osru esa o`f) dh nj 6.00% 6.00% 6.00% 6.00% 6.00% 6.00%
egaxkbZ jkgr o`f) nj 5.80% 5.80% - - - -
iyk;u nj 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
rkfydk II & nkf;Roksa ds orZeku ewY; esa ifjorZu ¼lHkh jkf'k djksM+ esa½
31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
vof/k dh 'kq#vkr esa nkf;Roksa dk orZeku ewY; 46355.35 29043.14 4398.78 3229.08 3446.03 1944.29
tksM+sa iwoZorh vkschlh vkSj ;w,uvkbZ ds ihohvks 0.00 16605.01 0.00 1601.39 0.00 1142.62
tksM+sa% C;kt ykxr 3065.43 3043.60 254.87 274.85 187.67 199.11
tksM+sa% orZeku lsok ykxr 488.52 508.01 247.10 252.96 331.28 212.19
tksM+sa% fiNyh lsok ykxr 3093.95 - - - - -
?kVk,a% iznÙk ykHk (4002.18) (2979.81) (899.49) (697.05) (735.42) (646.57)
nkf;Roksa ij chekafdd gkfu@¼ykHk½ (544.10) 135.40 77.26 (262.45) 400.10 594.39

¼laqyudkjh vkadM+sa½
vof/k ds var esa nkf;Roksa dk orZeku ewY; 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
rkfydk III & ;kstuk vkfLr;ksa ds mfpr ewY; esa ifjorZu ¼lHkh jkf'k djksM+ esa½

31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
vof/k dh 'kq#vkr esa ;kstuk vkfLr;ksa dk mfpr ewY; 46731.79 29011.95 4502.08 3118.63 2779.62 -
tksM+sa iwoZorhZ vkschlh vkSj ;w,uvkbZ dk mfpr ewY; 0.00 13296.92 0.00 1409.10 0.00 141.89
tksM+sa% ;kstuk vkfLr;ksa ij laHkkfor izfrQy 3091.21 2813.19 269.73 263.49 145.48 9.36
tksM+sa% cSad }kjk iznÙk ;ksxnku 1228.41 4937.20 153.30 440.24 839.99 2944.68
tksM+sa% fiNyh lsok ykxr ds fy, cSad }kjk iznr ;ksxnku 618.79 - - - - -
¼ikfjokfjd isa'ku ns;rk ij½
?kVk,a% ykHk iznÙk (4002.18) (2979.81) (899.49) (697.05) (735.42) (363.48)
?kVk,a% chekafdd ¼gkfu½@;kstukxr vkfLr;ksa ij ykHk 479.76 (347.66) 45.78 (32.33) 92.52 47.16
¼larqyudkjh vkadM+s½
vof/k ds var esa ;kstuk vkfLr;ksa dk mfpr ewY; 48147.78 46731.79 4071.40 4502.08 3122.19 2779.62
326
15. e) Accounting Standard 15 – Employees Benefits:
DISCLOSURE IN ACCORDANCE WITH AS-15(R):

In line with the accounting policy and as per the Accounting Standard – 15(R), the summarized position of
employment benefits is as under:
A. Defined benefit Plans
TABLE I - Principal Actuarial Assumptionsand the basis of these assumptions

Pension Gratuity Leave Encashment
Actuarial Assumptions
31.03. 2022 31.03. 2021 31.03. 2022 31.03. 2021 31.03. 2022 31.03. 2021
Discount Rate 7.20% 6.85% 6.95% 6.55% 6.95% 6.55%
Expected Return on Plan Assets 7.20% 6.85% 6.95% 6.55% 6.95% 6.55%
Rate of Escalation In salary 6.00% 6.00% 6.00% 6.00% 6.00% 6.00%
Dearness Relief Escalation Rate 5.80% 5.80% - - - -
Attrition Rate 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
TABLE II - Changes in Present value of the obligation (All Amounts in Crores)

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Present value of Obligation at the 46355.35 29043.14 4398.78 3229.08 3446.03 1944.29
beginning of period
Add PVO of erstwhile OBC & UNI 0.00 16605.01 0.00 1601.39 0.00 1142.62
Add: Interest Cost 3065.43 3043.60 254.87 274.85 187.67 199.11
Add: Current Service Cost 488.52 508.01 247.10 252.96 331.28 212.19
Add: Past Service Cost 3093.95 - - - - -
Less: Benefits paid (4002.18) (2979.81) (899.49) (697.05) (735.42) (646.57)
Actuarial loss / (gain) on obligations (544.10) 135.40 77.26 (262.45) 400.10 594.39
(Balancing Figure)
Present value of Obligation as at 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
the end of the period
TABLE III - Changes in the FV of the Plan Assets (All Amounts in Crores)
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Fair value of Plan Assets, at the
46731.79 29011.95 4502.08 3118.63 2779.62 -
beginning of period
Add Fair value of erstwhile OBC & UNI 0.00 13296.92 0.00 1409.10 0.00 141.89
Add: Expected return on Plan assets 3091.21 2813.19 269.73 263.49 145.48 9.36
Add: Contributions paid by Bank 1228.41 4937.20 153.30 440.24 839.99 2944.68
Contributions paid by Bank for Past
Add: 618.79 - - - - -
Service Cost (on Family Pension liability)
Less: Benefits Paid (4002.18) (2979.81) (899.49) (697.05) (735.42) (363.48)
Actuarial (loss) / gain on Plan Assets
Less: 479.76 (347.66) 45.78 (32.33) 92.52 47.16
(Balancing Figure)
Fair value of Plan Assets as at the end
48147.78 46731.79 4071.40 4502.08 3122.19 2779.62
of the period
327
rkfydk IV & ;kstukxr vkfLr;ksa ij okLrfod izfrQy

31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
;kstukxr vkfLr;ksa ij laHkkfor izfrQy 3091-21 2813-19 269-73 263-49 145-48 9-36
chekafdd ¼gkfu½ @ ;kstukxr vkfLr;ksa ij izfrQy 479-76 ¼347-66½ 45-78 ¼32-33½ 92-52 47-16
tksM+sa% ;kstukxr vkfLr;ksa ij okLrfod izfrykHk 3570-97 2465-53 315-51 231-16 238-00 56-52
rkfydk V & 'kq) chekafdd ¼ykHk½ @ gkfu dh ekU;rk çkIr

31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
vof/k ds fy, nkf;Roksa ij chekafdd gkfu @ ¼ykHk½ ¼544-10½ 135-40 77-26 ¼262-45½ 400-10 594-39
vof/k ds fy, ;kstuk vkfLr;ksa ij chekafdd ¼ykHk½@
¼479-76½ 347-66 ¼45-78½ 32-33 ¼92-52½ ¼47-16½
gkfu
vof/k ds fy, dqy ¼ykHk½ @ gkfu ¼1023-86½ 483-06 31-48 ¼230-12½ 307-58 547-23
vof/k esa ekU; 'kq) chekafdd ¼ykHk½@ gkfu ¼1023-86½ 483-06 31-48 ¼230-12½ 307-58 547-23
o"kZ ds var esa vfHkKkr chekafdd ¼ykHk½ @ gkfu & & & & & &
rkfydk VI & rqyu i=k esa ekU; jkf'k

31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
ekU; ykHk nkf;Ro dk orZeku ewY; 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
?kVk,a ;kstuk vkfLr;ksa dk mfpr ewY; 48147.78* 46731.79 4071.40 4502.08 3122.19 2779.62
varj 309.19 (376.44) 7.12 (103.30) 507.47 666.41
xSj&ekU;rk izkIr fiNyh lsok ykxr 1520.16 - - - - -

?kVk,a
¼ikfjokfjd isa'ku ij ns;rk½
fuoy ns;rk@¼laifÙk½ (1210.97) (376.44) 7.12 (103.30) 507.47 666.41
rqyu i=k esa jkf'k
rqyu i=k esa ekU;rk izkIr ns;rk 955.00** - 7.12 - 507.47 666.41
rqyu&i=k esa ekU;rk izkIr laifÙk (2165.97) (376.44) - (103.30) - -
¼ikfjokfjd isa'ku ij ns;rk½
fuoy ns;rk@¼laifÙk½ (1210.97) (376.44) 7.12 (103.30) 507.47 666.41
,,l&15 ¼vkj½ ds iSjk 55 ds varxZr - - - - - -
fuèkkZfjr _.kkRed jkf'k
miyC/k çfrns; dk orZeku ewY; ,oa Hkkoh - - - - - -
va'knku esa dVkSrh
,,l&15 ¼vkj½ ds iSjk 59 ¼ch½ ds vuqlkj 2165.97 376.44 - 103.30 - -
ekU; vkfLr
*vfrfjä ikfjokfjd isa'ku ns;rk ds dkj.k fiNyh lsok ykxr ds fy, cSad }kjk 618-79 djksM+ #i;s dk ;ksxnku 'kkfey gS
** foÙkh; o"kZ 2021 22 ds fy, U;wure 618-79 djksM+ #i;s ¼vFkkZr 3093-95 djksM+ #i;s dh dqy nsunkjh dk 1@5½ iznku djus ds vykok] cSad us foÙkh; o"kZ
2021&22 ds nkSjku 955-00 djksM+ #i;s dh vfrfjä fiNyh lsok ykxr Hkh iznku dh gSA 31 ekpZ] 2022 dks lekIr o"kZ ds nkSjku ykHk vkSj gkfu [kkrs esa dqy jkf'k
1573-79 djksM+ #i;s gS vkSj 1520-16 djksM+ #i;s dh vfrfjä ikfjokfjd isa'ku ns;rk ds fy, 'ks"k vla'kksf/kr O;; dks vkxs c<+k;k x;k gSA
328
TABLE IV - Actual Return on Plan Assets
PENSION GRATUITY LEAVE ENCASHMENT
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Expected return on Plan Assets 3091.21 2813.19 269.73 263.49 145.48 9.36
Actuarial (loss) / gain on Plan Assets 479.76 (347.66) 45.78 (32.33) 92.52 47.16
Add: Actual Return on Plan Assets 3570.97 2465.53 315.51 231.16 238.00 56.52
TABLE V - Net Actuarial (Gain) / loss recognized

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Actuarial loss / (gain) for the period
(544.10) 135.40 77.26 (262.45) 400.10 594.39
- Obligations
Actuarial (gain)/ loss for the period
(479.76) 347.66 (45.78) 32.33 (92.52) (47.16)
- Plan Assets
Total (gain) /loss for the period (1023.86) 483.06 31.48 (230.12) 307.58 547.23
Actuarial (gain) or loss recognized
(1023.86) 483.06 31.48 (230.12) 307.58 547.23
in the period
Unrecognized Actuarial (gain) / loss
- - - - - -
at the end of the year
TABLE VI - Amount recognized in Balance Sheet
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Present value of Defined Benefit 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
Obligation
Less Fair value of Plan Assets 48147.78* 46731.79 4071.40 4502.08 3122.19 2779.62
Difference 309.19 (376.44) 7.12 (103.30) 507.47 666.41
Less Unrecognized Past Service cost (on 1520.16 - - - - -
Family Pension liability)
Net Liability/ (Asset) (1210.97) (376.44) 7.12 (103.30) 507.47 666.41
Amounts in the Balance Sheet
Liability Recognized in the Balance 955.00** - 7.12 - 507.47 666.41
Sheet
Assets Recognized in the Balance (2165.97) (376.44) - (103.30) - -
Sheet (on Family Pension liability)
Negative amount determined under - - - - - -
Paragraph 55 of AS-15 (R)
Present value of available - - - - - -
refunds and reductions in future
contributions
Asset recognized as per Paragraph 2165.97 376.44 - 103.30 - -
59 (b) of AS-15 (R)
*includes contributions paid by Bank of Rs 618.79 crore for Past service cost on account of Additional Family Pension Liability
** In addition to providing the minimum amount of Rs.618.79 crore (i.e., 1/5th of total liability of Rs 3093.95 crore) for the financial year 2021-22,
the Bank has further provided additional Past service cost of Rs 955.00 crore during FY 2021-22, aggregating the total amount charged to the Profit &
Loss account is Rs 1573.79 crore during the year ended March 31, 2022 and the balance unamortized expense for additional family pension liability
of Rs.1520.16 Crore has been carried forward
329
rkfydk VII & ykHk vkSj gkfu [kkrs esa igpkuk tkus okyk O;;

31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
orZeku lsok ykxr 488.52 508.01 247.10 252.96 331.28 212.19
tksM+sa% C;kt ykxr 3065.43 3043.60 254.86 274.85 187.67 199.11
?kVk,a ;kstuk laifÙk ij laHkkfor ykHk (3091.21) (2813.19) (269.73) (263.49) (145.48) (9.36)
o"kZ esa ekU;rk izkIr 'kq) chekafdd (1023.86) 483.06 31.48 (230.12) 307.58 547.23
tksM+sa% ¼ykHk½ @ gkfu
fiNyh lsok ykxr&ekU;rk izkIr 1573.79 - - - - -
tksM+sa% ¼ikfjokfjd isa'ku ns;rk ij½
ykHk vkSj gkfu ds fooj.k esa 1012.67 1221.48 263.71 34.20 681.05 949.16
ekU;rk izkIr O;;
rkfydk VIII& rqyu i=k esa ekU; gksus okyh fuoy ns;rk esa ?kV&c<+
31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
izkjfEHkd fuoy ns;rk (376.44) 31.19 (103.29) 302.75 666.41 1944.30
iwoZorhZ vkschlh vkSj ;w,uvkbZ dh - 3308.09 - - - 1000.72
tksM+% izkjafHkd fuoy ns;rk
tksM+% O;; 1012.67 1221.48 263.71 34.20 681.05 949.16
tksM+% lanr va'knku (1847.20) (4937.20) (153.30) (440.24) (839.99) (2944.68)
?kVk,a daiuh }kjk Hkqxrku fd, x, ykHk - - - - - (283.09)
vafre fuoy ns;rk@¼orZeku (1210.97) (376.44) 7.12 (103.29) 507.47 666.41

vof/k esa rqyu i=k esa ekU;rk çkIr
vkfLr½
rkfydk IX & orZeku vof/k ds fy, jkf'k

31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
nkf;Roksa dk orZeku ewY; 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
?kVk,a ;kstuk vkfLr;ksa dk mfpr ewY; 48147.78 46731.79 4071.40 4502.08 3122.19 2779.62
vf/k'ks"k@¼?kkVk½ (309.19)* 376.44 (7.12) 103.30 (507.47) (666.41)
;kstuk ns;rkvksa esa vuqHkkfod 1230.77 (1016.12) 199.27 (243.27) 446.48 744.92
lek;kstu & ¼gkfu½ @ ykHk
;kstuk vkfLr;ksa esa vuqHkkfod esa 479.76 (347.66) 45.78 (32.33) 92.52 47.16
lek;kstu & ¼gkfu½@ykHk
*bl jkf'k esa deZpkfj;ksa ds fy, ikfjokfjd isa'ku esa la'kks/ku ds dkj.k vfrfjä ns;rk jkf'k 'kkfey gS] ftldk p;u gekjs cSad us 31 ekpZ] 2022 dks lekIr gksus
okys foÙkh; o"kZ ls 'kq: gksus okys ikap o"kks± ls vf/kd dh vof/k esa ifj'kks/ku ds fy, fd;k Fkk ¼U;wure 1@ dqy nkf;Ro ds 5osa fgLls ds v/khu½A 31 ekpZ] 2022 dks
lekIr gq, o"kZ ds nkSjku ykHk&gkfu [kkrs esa izHkkfjr dqy jkf'k 1573-79 djksM+ #i;s gS vkSj 1520-16 djksM+ #i;s dh vfrfjä ikfjokfjd isa'ku ns;rk ds fy, 'ks"k
vla'kksf/kr O;; dks vkxs c<+k;k x;k gSA
330
TABLE VII - Expense to be recognized in Profit and loss Account

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Current Service Cost 488.52 508.01 247.10 252.96 331.28 212.19
Add: Interest cost 3065.43 3043.60 254.86 274.85 187.67 199.11
Less Expected return on Plan assets (3091.21) (2813.19) (269.73) (263.49) (145.48) (9.36)
Add: Net Actuarial (gain) / loss recognized (1023.86) 483.06 31.48 (230.12) 307.58 547.23
in year
Add: Past Service Cost-Recognized (on 1573.79 - - - - -

Expenses recognized in the 1012.67 1221.48 263.71 34.20 681.05 949.16

statement of profit and loss
TABLE VIII- Movement in Net Liability to be recognized in Balance Sheet

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Opening Net Liability (376.44) 31.19 (103.29) 302.75 666.41 1944.30
Add Opening Net liability of Erstwhile - 3308.09 - - - 1000.72
OBC & UNI
Add: Expense 1012.67 1221.48 263.71 34.20 681.05 949.16

Less: Contributions Paid (1847.20) (4937.20) (153.30) (440.24) (839.99) (2944.68)
Less Benefits Paid by the company - - - - - (283.09)
Closing Net Liability/ (Asset) (1210.97) (376.44) 7.12 (103.29) 507.47 666.41
recognised in B/S in current period)
TABLE IX -Amount for the current Period

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Present value of Obligation 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
Less Fair value of Plan Assets 48147.78 46731.79 4071.40 4502.08 3122.19 2779.62
Surplus / (Deficit) (309.19)* 376.44 (7.12) 103.30 (507.47) (666.41)
Experience Adjustments in Plan 1230.77 (1016.12) 199.27 (243.27) 446.48 744.92
Liabilities -(loss) / Gain
Experience Adjustments in Plan 479.76 (347.66) 45.78 (32.33) 92.52 47.16
Assets (loss) / gain
*This amount is inclusive of additional liability amount on account of revision in family pension for employees, which our Bank had opted for
amortization over a period not exceeding five years beginning with the financial year ending March 31, 2022 (subject to a minimum of 1/5th of the
total liability). The total amount charged to the Profit & Loss account is Rs 1573.79 crore during the year ended March 31, 2022 and the balance
unamortized expense for additional family pension liability of Rs.1520.16 Crore has been carried forward.
331
rkfydk X-VªLV }kjk izcaf/kr ;kstuk vkfLr;ksa dh izeq[k Jsf.k;k¡ ¼dqy ;kstuk vkfLr;ksa dk izfr'kr½
¼çfr'kr esa½
31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021

Hkkjr ljdkj dh izfrHkwfr;k¡ 2.76% 3.78% 5.00% 8.00% 0.00% 0.00%
jkT; ljdkj dh izfrHkwfr;k¡ 11.91% 13.91% 10.00% 13.00% 0.00% 0.00%
mPp fdLe ds dkWiksZjsV ckW.M 5.36% 5.67% 3.00% 3.00% 0.00% 0.00%
lwphc) dEifu;ksa ds bfDoVh 'ks;j@E;wP;wvy 0.28% 0.60% 0.00% 0.00% 0.00% 0.00%
Q.M fuos'k
laifÙk 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
fo'ks"k tek ;kstuk,a @,QMhvkj 4.06% 5.50% 6.00% 7.00% 0.00% 0.00%
chekdrkZ }kjk izcaf/kr fuf/k;k¡@thou chek 69.10% 59.94% 66.00% 54.00% 100.00% 100.00%
daifu;ksa esa fuos'k
vU; tekjkf'k;ka] mip; vkfn- 6.53% 10.60% 10.00% 15.00% 0.00% 0.00%
dqy tksM+ 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
rkfydk XI& vkxkeh o"kZ ds nkSjku m|e ds va'knku dk Js"Bre vuqeku
isa'ku ¼fuf/kd½ minku ¼fuf/kd½ NqV~Vh udnhdj.k ¼fuf/kd½
31-03-2023 31-03-2022 31-03-2023 31-03-2022 31-03-2023 31-03-2022
vkxkeh o"kZ ds nkSjku cSad dk Js"Bre va'knku 720.00 2720.00 230.00 10.00 410.00 670.00
dk vuqeku
rkfydk XII& vU; nh?kkZof/k deZpkjh ykHk ¼xSj fuf/kd½
chekjh dh NqV~Vh rFkk vkdfLed NqV~Vh fdjk;k fj;k;r flyoj tqcyh cksul
fooj.k ugha yh xbZ NqV~Vh ¼xSj fuf/kd½ ¼xSj fuf/kd½ ¼xSj fuf/kd½
31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
nkf;Ro dk orZeku ewY; 168.36 71.73 237.76 217.68 16.15 15.91
laØe.k'khy ns;rk dk izkjfEHkd 'ks"k - - - - - -
o"kZ ds nkSjku ekU; laØe.k'khy ns;rk - - - - - -
laØe.k'khy ns;rk dk bfr'ks"k - - - - - -
rqyui=k esa ekU; ns;rk 168.36 71.73 237.76 217.68 16.15 15.91
332
TABLE X -Major Categories of Plan Assets (as percentage of Total Plan Assets) as managed by Trust
(In Percentage)
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Government of India Securities 2.76% 3.78% 5.00% 8.00% 0.00% 0.00%
State Govt Securities 11.91% 13.91% 10.00% 13.00% 0.00% 0.00%
High Quality Corporate Bonds 5.36% 5.67% 3.00% 3.00% 0.00% 0.00%
Equity Shares of listed companies/ Mutual

0.28% 0.60% 0.00% 0.00% 0.00% 0.00%
Fund Investments
Property 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Special deposit scheme/ FDRs 4.06% 5.50% 6.00% 7.00% 0.00% 0.00%
Funds managed by Insurer / Investment in

69.10% 59.94% 66.00% 54.00% 100.00% 100.00%
Life insurance Companies
Other Deposits, Accruals etc. 6.53% 10.60% 10.00% 15.00% 0.00% 0.00%
TOTAL 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
TABLE XI -ENTERPRISE’S BEST ESTIMATE OF CONTRIBUTION DURING NEXT YEAR
Pension (Funded) Gratuity (Funded) Leave Encashment (Funded)
31.03.2023 31.03.2022 31.03.2023 31.03.2022 31.03.2023 31.03.2022
Bank’s best estimate of 720.00 2720.00 230.00 10.00 410.00 670.00

Contribution during next year
TABLE XII- Other Long Term employee benefits (Unfunded)
Sick Leave & Un availed Casual Leave Fare concession Silver Jubilee Bonus
Particulars leave (Unfunded) (unfunded) (unfunded)
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Present Value of Obligation 168.36 71.73 237.76 217.68 16.15 15.91
Opening Balance of - - - - - -
Transitional Liability
Transitional Liability - - - - - -
recognized in the year
Closing Balance Of - - - - - -
Transitional Liability
Liability Recognized in 168.36 71.73 237.76 217.68 16.15 15.91

Balance Sheet
333
fooj.k /kkj.kk dk vk/kkj Particulars Basis of assumption
cV~Vk nj nkf;Roksa dh vuqekfur vof/k rFkk eqæk Discount Rate Discount Rate has been determined by
ds vuq:i vof/k ds ljdkjh ca/k i=kksa reference to market yields at the balance
¼,QchvkbZ,y }kjk izdkf'kr½ ij rqyu i=k Sheet date on Government bonds (published
dh frfFk dks ckt+kj izkfIr;ksa ds vuqlkj cV~Vk by FBIL) of term consistent with currency
nj fu/kkZfjr dh x;h gSA and estimated term of the obligations.
;kstuk vkfLr;ksa ;g ekuk tkrk gS fd isa'ku] minku vkSj Expected Rate It is assumed that return on the plan assets
ij izfrQy dh NqV~Vh udnhdj.k fuf/k ls lacaf/kr ;kstukxr of Return on pertaining to the Pension, Gratuity and
laHkkfor nj ifjlaifÙk;ksa ij izfrykHk izfr o"kZ Øe'k% Plan Assets Leave Encashment fund will be 7.20% p.a.,
7-20%] 6-95% vkSj 6-95% gksxkA 6.95% p.a. and 6.95% p.a. respectively.
osruo`f) nj vkbZch, }kjk iznku fd, x, O;kid ekxZn'kZu Salary Based on the broad guidance provided by
¼,lbZvkj½ ds vk/kkj ij] cSad ds fy, ,lbZvkj 6-0% ¼çfr Escalation Rate IBA, SER for the bank has been taken at 6.0%
o"kZ ewy osru o`f) 2-8% vkSj Mh, 5-8% dqy (SER) (Basic Pay increase of 2.8% and DA increase
6-0% dh osru o`f)½ of 5.8% pa with overall salary escalation of
6.0%.)
iyk;u nj fiNys vuqHko vkSj LoSfPNd vkgj.k ls lacafèkr Attrition Rate Attrition rate is assumed at 1% taken with
Hkfo"; ds vuqHko ds lanHkZ esa iyk;u nj 1% reference to past experience and expected
fu/kkZfjr dh x;h gSA future experience related to voluntary
withdrawals.
uksV % Note:
15- bZ½ i½ ifjHkkf"kr va'knku ;kstuk % & 15. e) i) Defined Contribution Plans: -
^^cSad us 01-04-2010 dks ;k mlds ckn cSad esa dk;ZHkkj xzg.k djus okys The Bank has Defined Contribution Plan applicable to all
lHkh Js.kh ds deZpkfj;ksa ij ykxw va'knku ;kstuk dks ifjHkkf"kr fd;k categories of employees joining the Bank on or after 01.04.2010.
gSA ;g ;kstuk isa'ku fuf/k fofu;ked rFkk fodkl izkf/kdj.k ds varxZr The scheme is managed by NPS trust under the aegis of the
,uih,l VªLV }kjk izcaf/kr gSA jk"Vªh; flD;ks~fjVh fMikftVjh fy- dks Pension Fund Regulatory and Development Authority. National
,uih,l ds fy, dsUæh; fjdkMZ dh¯ix ,tsalh ds :i esa fu;qä fd;k Securities Depository Limited has been appointed as the Central
x;k gSA Record Keeping Agency for the NPS.
va'knku dk fooj.k bl izdkj gS% The detail of the contribution is as under-
foÙkh; o"kZ 2021&22 ds nkSjku ¾ ` 974-43 djksM+ During the Financial Year 2021-2022= Rs 974.43 Crore
¼cSad $ deZpkjh nksuksa dk va'knku 'kkfey gS½ (Contribution Includes both Bank + Employee contribution)
foÙkh; o"kZ 2020&2021 ds nkSjku ¾ ` 747-67 djksM+ During the Financial Year 2020-2021= Rs 747.67 Crore
(Contribution Includes both Bank + Employee contribution)
¼cSad $ deZpkjh nksuksa dk va'knku 'kkfey gS½
15. e) ii) Bank has estimated the additional liability on
15-bZ½ ii½ cSad us 11 uoacj] 2020 ds vkbZch, ds la;qä uksV ds vuqlkj account of revision in family pension for employees as per IBA
deZpkfj;ksa ds fy, ikfjokfjd isa'ku esa la'kks/ku ds dkj.k vfrfjä Joint Note dated November 11, 2020, amounting to Rs.3093.95
ns;rk dk vuqeku yxk;k gS] tks fd 3093-95 djksM+ #i;s gSA gkykafd] Crore. However, RBI vide their Circular RBI/2021-22/105 DOR.
vkjchvkbZ us vius ifji=k vkjchvkbZ@2021&22@105 Mhvksvkj- ACC.REC.57/21.04.018/2021-22 dated 4th October 2021, has
,lhlh-vkjbZlh-57@21-04-018@2021&22 fnukad 4 vDVwcj 2021 ds permitted Banks to amortize the said additional liability over a
334
ek/;e ls cSadksa dks vf/kdre 5¼ ikap½ o"kZ dh vof/k esa mä vfrfjä period of not exceeding 5 (five) years, beginning with financial
ns;rk dk ifj'kks/ku djus dh vuqefr nh gS] tks 31 ekpZ] 2022 dks lekIr year ending 31st March, 2022, subject to a minimum of 1/5th
gksus okys foÙkh; o"kZ ls 'kq: gksdj] izR;sd o"kZ O;; dh tkus okyh dqy of the total amount being expensed every year. The Bank has
opted the said provision of RBI and In addition to providing the
jkf'k ds U;wure 1@5 Hkkx ds v/khu gksxkA cSad us vkjchvkbZ ds mä
minimum amount of Rs.618.79 crore (i.e., 1/5th of total liability
izko/kku dks pquk gS vkSj foÙkh; o"kZ 2021&22 ds fy, U;wure jkf'k of Rs 3093.95 crore) for the financial year 2021-22,the Bank
618-79 djksM+ #i;s ¼;kfu] 3093-95 djksM+ #i;s dh dqy nsunkjh dk has further provided additional Past service cost of Rs 955.00
1@5½ iznku djus ds vykok] cSad us foÙk o"kZ 2021&22 ds nkSjku 955-00 crore during FY 2021-22,aggregating the total amount charged
djksM+ #i;s dh vfrfjä iwoZ lsok ykxr iznku dh gS] 31 ekpZ] 2022 dks to the Profit & Loss account is Rs 1573.79 crore during the year
lekIr o"kZ ds nkSjku ykHk vkSj gkfu [kkrs esa izHkkfjr dqy jkf'k 1573-79 ended March 31, 2022 and the balance unamortized expense
djksM+ #i;s gS vkSj vfrfjä ikfjokfjd isa'ku ns;rk ds fy, 1520-16 for additional family pension liability of Rs.1520.16 Crore has
djksM+ #i;s ds vla'kksf/kr O;; dks vkxs ys tk;k x;k gSA ;fn vla'kksfèkr been carried forward. If the unamortized expenditure had been
fully recognised in the Profit & Loss account, the consequential
O;; dks ykHk vkSj gkfu ys[ksa esa iwjh rjg ls ekU;rk nh xbZ gksrh] rks o"kZ
Net Profit for the year would have been Rs.2468 Crore
ds fy, ifj.kkeh fuoy ykHk #- 2468 djksM+ gksrkA
15. f) Accounting Standard 17 – Segment Reporting
15- ,Q½ ys[kk ekud 17 & [kaMokj fjiks²Vx
Segment Identification
[kaM igpku
I. Primary (Business Segment):
I. I. izkFkfed ¼O;kolkf;d [kaM½%
The following are the primary segments of the
cSad ds izkFkfed [kaM fuEufyf[kr gSa% & Bank:-
i) Treasury: The Treasury Segment includes the entire
i½ Vªst+jh % Vªstjh [kaM esa laiw.kZ fuos'k iksVZQksfy;ks vkSj investment portfolio and trading in foreign exchange
fons'kh eqæk vuqca/kksa rFkk O;qRiUUk vuqca/kksa esa O;kikj contracts and derivative contracts. The revenue of the
'kkfey gSA Vªstjh [kaM ds jktLo esa eq[; :i ls fuos'k treasury segment primarily consists of fees and gains
or losses from trading operations and interest income
iksVZQksfy;ks ij O;kikj lapkyu vkSj C;kt vk; ls 'kqYd
on the investment portfolio.
vkSj ykHk ;k gkfu 'kkfey gSA
ii) Corporate/Wholesale Banking: As per the
ii½ dkWiksZjsV @ Fkksd cSa¯dx % Hkkjrh; fjt+oZ cSad ds RBI guidelines RBI/2020-21/53, DOR.No.BP.
fn'kkfunsZ'k vkjchvkbZ@2020&21@53] Mhvksvkj-la-chih- BC.23/21.06.201/2020-21, dated 12th October
chlh-23@21-06-201@2020&21] fnukad 12 vDVwcj 2020, the Corporate / Wholesale Banking segment
2020] ds vuqlkj dkWjiksjsV @ Fkksd cSa¯dx [kaM esa #i;s comprises the lending activities of borrowers having
7-50 djksM+ vkSj mlls vf/kd ds tksf[ke okys mèkkjdrkZvksa exposure of ` 7.50 Crores and above.
dh m/kkj xfrfof/k;ka 'kkfey gSaA iii) Retail Banking: The Retail Banking Segment comprises
iii) [kqnjk cSa¯dx % [kqnjk cSa¯dx [kaM esa mu m/kkjdrkZ [kkrksa of borrower accounts having exposure of less than
` 7.50 Crores.
dks 'kkfey fd;k x;k gS ftudk ,Dlikstj #i;s 7-50
djksM+ ls de gSA iv) Other Banking Operations Segments not classified
under (i) to (iii) above are classified under this primary
iv½ vU; cSa¯dx ifjpkyu [kaM tks mijksä ¼i½ ls ¼iii½ ds segment.
varxZr oxhZÑr ugha gSa] bl izkFkfed [kaM ds varxZr
oxhZÑr fd, x, gSaA
II. Secondary (Geographical Segment):
II- f}rh;d ¼HkkSxksfyd [kaM½
i) Domestic Operations - Branches/Offices having
i) ?kjsyw ifjpkyu&Hkkjr esa ifjpkfyr 'kk[kk,a@dk;kZy; operations in India
ii) fons'kh ifjpkyu & Hkkjr ds ckgj ifjpkfyr 'kk[kk,a@ ii) Foreign Operations - Branches/Offices having
dk;kZy; vkSj Hkkjr esa ifjpkfyr virVh; cSafdax operations outside India and offshore banking units
bdkbZ;kaA having operations in India.
335
III- vkoaVu dk vk/kkj% III. Basis of allocation
C;kt vk; dk vkoaVu fofHkUUk [kaMksa ls izkIr okLrfod C;kt ds The interest income is allocated on the basis of actual
vk/kkj ij fd;k tkrk gS interest received from different segments
Fkksd cSa¯dx@[kqnjk cSa¯dx [kaM@vU; cSa¯dx [kaM }kjk v£tr Expenses not directly attributable are allocated on the
C;kt vk; ds vk/kkj ij izR;{k :i ls vkjksfir ugha gksus okys basis of Interest income earned by the wholesale banking /
O;; vkcafVr fd, tkrs gSaA retail banking segment/other banking segment
izR;sd [kaM ds fy, fu;ksftr iwath dh x.kuk ml fo'ks"k [kaM Capital employed for each segment is calculated based on
dh vkfLr vkSj nsunkfj;ksa ds vk/kkj ij dh tkrh gSA the assets and liabilities of that particular segment
cSad ds ikl dqN vke vkfLr;ka vkSj nsunkfj;ka gSa] ftUgsa fdlh The Bank has certain common assets and liabilities, which
Hkh [kaM esa vkjksfir ugha fd;k tk ldrk gS] vkSj mUgsa xSj cannot be attributed to any segment, and the same are
treated as unallocated.
vkcafVr ekuk tkrk gSA
Hkkx&,% O;kolkf;d [kaM PART A: BUSINESS SEGMENTS
¼jkf'k #- djksM+ esa½ (Amount in ` crore)
Ø- pkyw o"kZ xr o"kZ SI. Current Year Previous Year

fooj.k Particulars
la- ¼ys[kkijhf{kr½ ¼ys[kkijhf{kr½ No. (Audited) (Audited)
i. jktLo [kaM i. Segment Revenue
,½ Vªstjh 29530.09 30706.97 a) Treasury 29530.09 30706.97
ch½ dkWjiksjsV@ 30646.03 31720.52 b) Corporate/ 30646.03 31720.52

Wholesale Banking
Fkksd cSa¯dx
c) Retail Banking 24638.13 26300.90
lh½ [kqnjk cSa¯dx 24638.13 26300.90
d) Other Banking 2385.24 4012.33
Mh½ vU; cSa¯dx ifjpkyu 2385.24 4012.33
Operations
dqy 87199.49 92740.72 Total 87199.49 92740.72
ii. ifj.kke [kaM ii. Segment Results
ch½ dkWjiksjsV@ -4174.61 -7023.60 b) Corporate/ -4174.61 -7023.60

Fkksd cSa¯dx Wholesale Banking
lh½ fjVsy cSa¯dx 3095.91 4127.28 c) Retail Banking 3095.91 4127.28

Mh½ vU; cSa¯dx 647.96 1106.80 d) Other Banking 647.96 1106.80
ifjpkyu Operations
dqy 8592.08 7815.54 Total 8592.08 7815.54

iii. xSj vkcafVr O;; 4275.68 4336.14 iii. Unallocated Expenses 4275.68 4336.14
iv. ifjpkyu ykHk 20761.82 22159.18 iv. Operating Profit 20761.82 22159.18
v. dj gsrq izko/kku 859.44 1457.78 v. Provision for Tax 859.44 1457.78
vi. vlkèkkj.k ensa 0.00 0.00 vi. Extraordinary Items 0.00 0.00
vii. fuoy ykHk 3456.96 2021.62 vii. Net Profit 3456.96 2021.62
vU; tkudkjh% Other Information:

viii. vkfLr [kaM viii. Segment Assets
ch½ dkWjiksjsV@ 542009.51 513012.15 b) Corporate/ 542009.51 513012.15

Fkksd cSa¯dx Wholesale Banking
336
fooj.k Particulars
ifjpkyu Operations
mi tksM+ 1268337.20 1214570.85 Sub Total 1268337.20 1214570.85
bZ½ xSj vkcafVr O;; 46467.81 46061.77 e) Unallocated Assets 46467.81 46061.77
dqy vkfLr;ka 1314805.01 1260632.62 Total Assets 1314805.01 1260632.62
ix. ns;rk,a [kaM ix. Segment Liabilities
ch½ dkWjiksjVs @Fkksd cS¯a dx 520759.54 494055.77 b) Corporate/ 520759.54 494055.77
Wholesale Banking
ifjpkyu Operations
mi tksM+ 1218610.91 1169691.08 Sub Total 1218610.91 1169691.08
bZ½ xSj vkcafVr O;; 707.22 4.23 e) Unallocated 707.22 4.23
Liabilities
dqy ns;rk,a 1219318.13 1169695.31 Total Liabilities 1219318.13 1169695.31
x. iwath fu;ksftr x. Capital Employed
ch½ dkWjiksjsV@ Fkksd 21249.97 18956.38 b) Corporate/ 21249.97 18956.38
cSa¯dx Wholesale Banking
lh½ [kqnjk cSa¯dx 10160.68 9086.78 c) Retail Banking 10160.68 9086.78
Mh½ vU; cSa¯dx ifjpkyu 1726.75 986.93 d) Other Banking 1726.75 986.93
Operations
mi tksM+ 49726.29 44879.77 Sub Total 49726.29 44879.77
bZ½ xSj vkcafVr O;; 45760.59 46057.54 e) Unallocated Liabilities 45760.59 46057.54
dqy fu;ksftr iwath 95486.88 90937.31 Total Capital Employed 95486.88 90937.31
Hkkx ch% HkkSxksfyd [kaM PART B: GEOGRAPHIC SEGMENTS


fooj.k Particulars
1. jktLo 1. Revenue
d½ ?kjsyw 86712.97 91946.84 a) Domestic 86712.97 91946.84
[k½ varjjkZ"Vªh; 486.52 793.88 b) International 486.52 793.88
dqy 87199.49 92740.72 Total 87199.49 92740.72
2. vkfLr;ka 2. Assets
dqy 1314805.01 1260632.62 Total 1314805.01 1260632.62
337
uksV% Note:
1- [kaMokj ns;rk,a mudh lacaf/kr [kaM vkfLr;ksa ds vuqikr esa forfjr dh xbZ 1. Segment Liabilities are distributed in the ratio of their respective
gSaA Segment Assets.
2. Figures of the previous period have been re-grouped /re-classified
2- tgka dgha vko';d leÖkk x;k gS fiNyh vof/k ds vkadM+ksa dks rqyuh; cukus
wherever necessary.
ds fy, iqu% lewgc)@iqu% oxhZÑr fd;k x;k gSA
15. g) Accounting Standard 18 - Disclosure of Related
15- th½ ys[kk ekud 18 & vkbZlh,vkbZ ¼ewy daiuh½ % }kjk tkjh Parties as per Accounting Standard–18 issued by
ys[kk ekud & 18 ds vuqlkj lacf/kr ikVhZ izdVu % ICAI: (Parent Company):
Names of the related parties and their relationship with the

lacaf/kr ik£V;ksa ds uke rFkk cSad ds lkFk muds laca/k %
Bank:
eq[; izca/ku dk£ed ¼ds,eih½% Key Management Personnel (KMP):

i½ Jh vrqy dqekj xks;y] izca/k funs'kd ,oa eq[; dk;Zikyd i) Shri Atul Kumar Goel, Managing Director & CEO, w.e.f.
vfèkdkjh] 01-02-2022 ls 01.02.2022
ii½ Jh lh,p- ,l-,l- efYydktqZu jko] izca/k funs'kd ,oa eq[; ii) Shri CH S S Mallikarjuna Rao, Managing Director & CEO,
dk;Zikyd vf/kdkjh] 31-01-2022 rd upto 31.01.2022
iii½ Jh vKs; dqekj vktkn] dk;Zikyd funs'kd] 30-04-2021 rd iii) Shri Agyey Kumar Azad, Executive Director, up to 30.04.2021
iv½ Jh lat; dqekj] dk;Zikyd funs'kd iv) Shri Sanjay Kumar, Executive Director
v½ Jh fot; nqcs] dk;Zikyd funs'kd v) Shri Vijay Dube, Executive Director
vi½ Jh Lo#i dqekj lkgk] dk;Zikyd funs'kd vi) Shri Swarup Kumar Saha, Executive Director
vii½ Jh dY;k.k dqekj] dk;Zikyd funs'kd 21-10-2021 ls vii) Shri Kalyan Kumar, Executive Director, w.e.f. 21.10.2021
vuq"kafx;k¡ % Subsidiaries:
i) ih,uch fxYV~l fy- i) PNB Gilts Ltd.
ii) ih,uch bUosLVesaV lfoZlst fy- ii) PNB Investment Services Ltd.
iii) ih,uch dkM~lZ ,aM lfoZlst fy- iii) PNB Cards and Services Ltd.
iv) iatkc uS'kuy cSad ¼baVjus'kuy½ fy-] ;wds iv) Punjab National Bank (International) Ltd., UK.
v) Mªqd ih,uch cSad fyfeVsM] HkwVku- v) Druk PNB Bank Ltd, Bhutan.
lg;ksxh laLFkk,a % Associates:

i) ih,uch esVykbQ bafM;k bU';ksjsal daiuh* i) PNB Metlife India Insurance Company Ltd*
ii) ih,uch gkmflax Qkbusal fyfeVsM ii) PNB Housing Finance Limited
iii) ts,llh ¼Vsaxjh cSad½] vYekVh] dtk[kLrku** iii) JSC (Tengri Bank), Almaty, Kazakhstan**
iv) dsujk ,p,lchlh vksfj,aVy cSad vkWQ+ dkWelZ ykbQ bU';ksjsal iv) Canara HSBC Oriental Bank of Commerce Life Insurance Co.
daiuh fy- Ltd.
v) Hkkjr ,l,ebZ vkfLr iqu£uekZ.k daiuh fy- v) India SME Asset Reconstruction Co. Ltd.
vi) ,osjsLV cSad fyfeVsM] dkBekaMw] usiky vi) Everest Bank Limited, Kathmandu, Nepal
vii) nf{k.k fcgkj xzkeh.k cSad] iVuk vii) Dakshin Bihar Gramin Bank, Patna
viii) fgekpy izns'k] xzkeh.k cSad] eaMh viii) Himachal Pradesh Gramin Bank, Mandi
338
ix) iatkc xzkeh.k cSad] diwjFkyk ix) Punjab Gramin Bank, Kapurthala
x) loZ gfj;k.kk xzkeh.k cSad] jksgrd x) Sarva Haryana Gramin Bank, Rohtak
xi) izFkek ;wih xzkeh.k cSad] eqjknkckn xi) Prathama UP Gramin Bank, Moradabad
xii) vle xzkeh.k fodkl cSad] xqokgkVh xii) Assam Gramin Vikas Bank, Guwahati
xiii) caxh; xzkeh.k fodkl cSad] if'Pke caxky xiii) Bangiya Gramin Vikas Bank, West Bengal
xiv) ef.kiqj xzkeh.k@:jy cSad] bEQky xiv) Manipur Rural Bank, Imphal
xv) f=kiqjk xzkeh.k cSad] vxjryk xv) Tripura Gramin Bank, Agartala
*ih,uch us czkaM bfDoVh ds :i esa 700-48 #i;s esa ih,uch esVykbQ esa 30% *PNB has acquired 30% stake in PNB Metlife at consideration of Rs.
fgLlsnkjh dk vf/kxzg.k fd;k gSA 700.48 as brand equity.
**,,Qvkj us 18-09-2020 ls ts,llh Vsaxjh cSad dk ykblsal fjoksd dj fn;k **AFR revoked license of JSC Tengri Bank w.e.f. 18.09.2020 and is under
vkSj ;g ifjlekiu ds v/khu gSA Liquidation.
vU;% Others:
i½ ih,uch 'krkCnh xzkeh.k fodkl VªLV i) PNB Centenary Rural Development Trust
339
lacaf/kr i{kksa ds lkFk ysunsu%
¼jkf'k djksM+ #i;s esa½
ewy** ¼LokfeRo ;k izeq[k izca/ku dk£edksa
vuq"kaxh** lgk;d@la;qä miØe izeq[k izca/ku dk£ed dqy
fu;a=k.k ds vuqlkj½ ds fj'rsnkj
o"kZ ds nkSjku vf/kdre

o"kZ ds var esa cdk;k

cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
ensa@lacaf/kr i{k
ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - 2.74 - - - 2.74 -
ikfjJfed
ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - (3.45) - - - (3.45) -
ykxw ugha ykxw ugha ykxw ugha ykxw ugha 25.01 25.01 - - - - 25.01 25.01
m/kkj
ykxw ugha ykxw ugha ykxw ugha ykxw ugha (25.01) (25.01) - - - - (25.01) (25.01)
ykxw ugha ykxw ugha ykxw ugha ykxw ugha 88.80 92.56 88.80 92.56
tekjkf'k
tekjkf'k;ksa dk fu;kstu
vU; ns;rk,a
ykxw ugha ykxw ugha ykxw ugha ykxw ugha (0.30) (7.45) (0.30) (7.45)
cSadksa esa tekjkf'k;ksa ,oa ykxw ugha ykxw ugha ykxw ugha ykxw ugha 38.27 767.65 - - - - 38.27 767.65
ekax vkSj vYi lwpuk
ij izfrns; jkf'k ykxw ugha ykxw ugha ykxw ugha ykxw ugha (1745.04) (2772.04) - - - - (1745.04) (2772.04)
vfxze ykxw ugha ykxw ugha ykxw ugha ykxw ugha 0.00 0.00 0.00 0.00
¼vkbZchihlh ckjksbaXl½ ykxw ugha ykxw ugha ykxw ugha ykxw ugha (0.00) (0.00) - - - - (0.00) (0.00)
vfxze ykxw ugha ykxw ugha ykxw ugha ykxw ugha 0.00 0.00 0.00 0.00
¼vkbZchihlh mèkkj½ ykxw ugha ykxw ugha ykxw ugha ykxw ugha (0.00) (0.00) - - - - (0.00) (0.00)
vfxze ¼vU;½
fuos'k
ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
fMcsapjksa esa fuos'k
vU; vkfLr;ka
ykxw ugha ykxw ugha ykxw ugha ykxw ugha (259.28) (313.07) (259.28) (313.07)
17.89 17.89 - - - - 17.89 17.89
xSj& fuf/kd izfrc)rk,a ykxw ugha ykxw ugha ykxw ugha ykxw ugha
¼,ylh@chth½ ykxw ugha ykxw ugha ykxw ugha ykxw ugha (5.99) (5.99) - - - - (5.99) (5.99)
iV~Vsnkjh@,pih - - - - - - - -
ykxw ugha ykxw ugha ykxw ugha ykxw ugha
O;oLFkk dk ykHk mBk;k
iV~Vsnkjh@,pih - - - - - - - -
O;oLFkk iznku dh xbZ
vpy vkfLr;ksa dh - - - - - - - -
[kjhn
vpy vkfLr;ksa dh fcØh ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
vkbZchihlh fcØh lkSnk ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
ewY; ysunsu ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
340
Transactions with Related Parties:
(Amount in ` crore)
Parent** (as per Relatives of Key
Associates/ Joint Key Management
ownership or Subsidiaries** Management Total
ventures Personnel
control) Personnel
outstanding during
outstanding during
outstanding during
outstanding during
outstanding during
outstanding during
Maximum amount
Maximum amount
Maximum amount
Maximum amount
Maximum amount
Maximum amount
Items/ Related Party Outstanding at
Outstanding at
Outstanding at
Outstanding at
Outstanding at
Outstanding at
year end
year end
year end
year end
year end
year end
the year
the year
the year
the year
the year
the year
Remuneration N.A N.A N.A N.A - - 2.74 - - - 2.74 -
N.A N.A N.A N.A - - (3.45) - - - (3.45) -
Borrowings N.A N.A N.A N.A 25.01 25.01 - - - - 25.01 25.01
N.A N.A N.A N.A (25.01) (25.01) - - - - (25.01) (25.01)
Deposits N.A N.A N.A N.A 88.80 92.56 88.80 92.56
N.A N.A N.A N.A (96.06) (116.44) - - - - (96.06) (116.44)
Placement of Deposits N.A N.A N.A N.A 0.00 0.00 0.00 0.00
N.A N.A N.A N.A 0.00 0.00 - - - - 0.00 0.00
Other Liabilities N.A N.A N.A N.A 0.61 1.52 0.61 1.52
N.A N.A N.A N.A (0.30) (7.45) (0.30) (7.45)
Balance with banks and N.A N.A N.A N.A 38.27 767.65 - - - - 38.27 767.65
Money at call and short N.A N.A N.A N.A (1745.04) (2772.04) - - - - (1745.04) (2772.04)
notice
Advances (IBPC N.A N.A N.A N.A 0.00 0.00 0.00 0.00
borrowings) N.A N.A N.A N.A (0.00) (0.00) - - - - (0.00) (0.00)
Advances (IBPC N.A N.A N.A N.A 0.00 0.00 0.00 0.00
lending) N.A N.A N.A N.A (0.00) (0.00) - - - - (0.00) (0.00)
Advances (Others) N.A N.A N.A N.A 4325.89 4634.45 4325.89 4634.45
N.A N.A N.A N.A (4648.43) (5384.44) - - - - (4648.43) (5384.44)
Investments N.A N.A N.A N.A 817.54 817.54 817.54 817.54
N.A N.A N.A N.A (717.54) (717.54) - - - - (717.54) (717.54)
Investments in N.A N.A N.A N.A - - - - - - - -
Debentures N.A N.A N.A N.A - - - - - - - -
Other Assets N.A N.A N.A N.A 129.82 212.15 129.82 212.15
N.A N.A N.A N.A (259.28) (313.07) (259.28) (313.07)
Non funded N.A N.A N.A N.A 17.89 17.89 - - - - 17.89 17.89
Commitments (LCs/ N.A N.A N.A N.A (5.99) (5.99) - - - - (5.99) (5.99)
BGs)
Leasing/ HP N.A N.A N.A N.A - - - - - - - -
arrangements availed
Leasing/ HP N.A N.A N.A N.A - - - - - - - -
arrangements provided
Purchase of fixed assets N.A N.A N.A N.A - - - - - - - -
Sale of Fixed Assets N.A N.A N.A N.A - - - - - - - -
Transaction IBPC Sale N.A N.A N.A N.A - - - - - - - -
Deal Value N.A N.A N.A N.A - - - - - - - -
341
ewy** ¼LokfeRo ;k izeq[k izca/ku dk£edksa
vuq"kaxh** lgk;d@la;qä miØe izeq[k izca/ku dk£ed dqy
fu;a=k.k ds vuqlkj½ ds fj'rsnkj


cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
ensa@lacaf/kr i{k
vkbZchihlh [kjhn lkSnk ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
tekjkf'k;ksa ij iznÙk ykxw ugha ykxw ugha ykxw ugha ykxw ugha
C;kt ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
vkbZchihlh ij iznÙk ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
ykxw ugha ykxw ugha ykxw ugha ykxw ugha 4.70 - - - - - 4.70 -
vU; iznÙk C;kt
ykxw ugha ykxw ugha ykxw ugha ykxw ugha (16.67) - - - - - (16.67) -
vkbZchihlh ij izkIr ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
ykxw ugha ykxw ugha ykxw ugha ykxw ugha 586.65 - 586.65 -
vU; izkIr C;kt
lsokvksa dh izkfIr
lsokvksa dk izfriknu
izca/ku lafonk,a
izkIr ykHkka'k
cSad izHkkj
ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - -
ckW.M ij iznÙk C;kt - - - -
izkIr deh'ku
vU; O;;
vU; vk;
uksV% 1- **vuq"kafx;ksa vkSj dqN lg;ksxh laLFkkvksa ds lkFk gq, ysunsu dk izdVhdj.k ys[kk ekud & 18 **lEcfU/kr ikVhZ izdVhdj.k** ds iSjk 9 ds eísutj ugha fd;k x;k
gS tks jkT; }kjk fu;af=kr m|eksa dks mudh ,slh vU; lEcfU/kr ik£V;ksa] tks jkT; }kjk fu;af=kr gksa] ls ysunsu esa dksbZ izdVhdj.k djus ls NwV nsrk gSA
2- blds vykok] ,,l 18 ds iSjk 5 ds vuqlkj] cSadj&xzkgd laca/k ds Lo#i ds ysu&nsu] ftuesa izeq[k izca/ku dk£ed vkSj izeq[k izca/ku dk£edksa ds fj'rsnkjksa ls fd, x,
ysu&nsu Hkh 'kkfey gSa] dk izdVhdj.k ugha fd;k x;k gSA
3- fjiksVZ dh xbZ jkf'k izko/kku dks ?kVkdj gS] ;fn dksbZ gksA
4- tgk¡ Hkh vkadM+s dks"Bd esa fn, x, fiNys o"kZ ls lacaf/kr gSa vkSj tgk¡ Hkh vko';d gks] fiNys o"kZ ds vk¡dM+ksa dks iqu% lewgc)@ iqu% O;ofLFkr@ iqu% oxhZÑr fd;k x;k gSA
342
ventures Personnel
control) Personnel
outstanding during
outstanding during
outstanding during
outstanding during
outstanding during
outstanding during
Maximum amount
Maximum amount
Maximum amount
Maximum amount
Maximum amount
Maximum amount
Items/ Related Party
Outstanding at
Outstanding at
Outstanding at
Outstanding at
Outstanding at
Outstanding at
year end
year end
year end
year end
year end
year end
the year
the year
the year
the year
the year
the year
Transaction IBPC N.A N.A N.A N.A - - - - - - - -
Purchase Deal Value N.A N.A N.A N.A - - - - - - - -
Interest paid on N.A N.A N.A N.A
Deposits N.A N.A N.A N.A - - - - - - - -
Interest Paid on IBPC N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Interest Paid Others N.A N.A N.A N.A 4.70 - - - - - 4.70 -
N.A N.A N.A N.A (16.67) - - - - - (16.67) -
Interest received on N.A N.A N.A N.A - - - - - - - -
IBPC N.A N.A N.A N.A - - - - - - - -
Interest received N.A N.A N.A N.A 586.65 - 586.65 -
Others N.A N.A N.A N.A (860.17) - - - - - (860.17) -
Receiving of Services N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Rendering of Services N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Management contracts N.A N.A N.A N.A 0.54 - - - - - 0.54 -
N.A N.A N.A N.A (0.54) - - - - - (0.54) -
Dividend received N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Bank Charges N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Interest Paid on Bonds N.A N.A N.A N.A - - - -
N.A N.A N.A N.A - - - -
Commission Received N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Other Expenditure N.A N.A N.A N.A 194.21 - - - - - 194.21 -
N.A N.A N.A N.A (79.16) - - - - - (79.16) -
Other Income N.A N.A N.A N.A 288.90 - - - - - 288.90 -
N.A N.A N.A N.A (436.16) - - - - - (436.16) -
Notes: 1. **The transactions with the subsidiaries and certain associates have not been disclosed in view of para-9 of AS-18 ‘Related Party Disclosure’,
which exempts state controlled enterprises from making any disclosures pertaining to their transactions with other related parties, which are also
state controlled.
2. Further, in terms of Paragraph 5 of AS 18, transactions in the nature of Banker-Customer relationship have not been disclosed including those with
Key Management Personnel and relatives of Key Management Personnel.
3. The amounts reported are net of provision, if any.
4. Figures in brackets relate to previous year and have been regrouped / rearranged / reclassified wherever necessary.
343
15- ,p½ ys[kk ekud ,,l 19 & iV~Vk 15. h) Accounting Standard 19 - Lease
i- ifjpkyu iV~Vs esa eq[; :i ls dk;kZy; ifjlj 'kkfey gksrs gSa] tks i. Operating lease primarily comprise office premises, which
fd cSad ds fodYi ij izR;sd 3@5 osa o"kZ ds var esa lkekU; :i ls are renewable at the option of the bank normally at the
uohdj.kh; gksrs gSaA end of every 3 / 5th years.
ii- miyC/k tkudkjh ds vuqlkj] 31-03-2022 dks xSj&jí djus ;ksX; ii. As per information available, Non-Cancellable lease as on
iV~Vk% 'kwU; ¼fiNys o"kZ% 'kwU;½A 31.03.2022: NIL (Previous year: NIL).
iii- ifjpkyu iV~Vs ds fy, ykHk vkSj gkfu ys[ks esa ekU;rk izkIr iV~Vk iii. Amount of lease payment recognized in P & L Account for
Hkqxrku dh jkf'k fuEukuqlkj gS% operating lease is as under:

iV~Vs @ fdjk, ds ¼jkf'k #- iV~Vs @ fdjk, ds ¼jkf'k #- No. of lease / (Amount in No. of lease / (Amount in
ifjlj dh la[;k djksM+ esa½ ifjlj dh la[;k djksM+ esa½ rented premises ` Crore) rented premises ` Crore)
15750 782.24 16050 790.74 15750 782.24 16050 790.74
15- i½ ys[kk ekud 20 & izfr 'ks;j vtZu 15. i) Accounting Standard 20 - Earnings per Share
Ø-la- fooj.k pkyw o"kZ xr o"kZ Sl. No. Particulars Current Year Previous Year
, bZih,l & ewy @ 3.16 2.08 A EPS - Basic / 3.16 2.08
MkbZY;wVsM ¼#- esa½ Diluted (in `) (Non
¼xSj okf"kZd½ Annualized)
ch dj ds i'Pkkr x.kd ds 34569636 20216187 B Amount used as 34569636 20216187
:i esa mi;ksx dh xbZ numerator Profit/
jkf'k ij ykHk@¼gkfu½ (Loss) after tax
¼# 000 esa½ (` in 000)
lh 'ks;jksa dk vafdr ewY; ` 2.00 izR;sd ` 2.00 izR;sd C Nominal value of ` 2.00 each ` 2.00 each
share
Mh fMuksfeusVj ds :i esa 10946723321 9705896011
D Weighted average 10946723321 9705896011
iz;ksx fd, x, bfDoVh
number of equity
'ks;jksa dh Hkkfjr vkSlr
shares used as the
la[;k
denominator
15.j) (i) Accounting Standard 22- Accounting for taxes on
15- ts½ ¼i½ ys[kk ekud & 22 % vk; ij djksa ds lEcU/k esa Income
ys[kkadu
The Bank has recognized deferred tax assets and liability as
cSad us ys[kk uhfr la- 10- ds vuqlkj vkLFkfxr dj vkfLr;ksa vkSj per accounting policy no. 10. Major components of which
ns;rk dh igpku dh gS ftlds izeq[k ?kVd fuEufyf[kr gSa% are set out below:

vkLFkfxr dj vkfLr;ka Deferred Tax Assets
NqV~Vh udnhdj.k vkSj vU; ds 112.80 1226.76 Provision for Leave 112.80 1226.76
fy, izko/kku encashment & others
v'kks/; vkSj lafnX/k _.kksa ds fy, 23821.41 25408.50 Provision for bad & doubtful 23821.41 25408.50
izko/kku debts
dj ;ksX; gkfu ¼vkxs ys tk;k x;k½ 2353.34 1335.18 Taxable loss (carried forward) 2353.34 1335.18
vU; vkdfLedrk,a 162.16 55.00 Other Contingencies 162.16 55.00
dqy 26449.71 28025.44 Total 26449.71 28025.44
344
vkLFkfxr dj ns;rk,a Deferred Tax Liabilities
vpy vkfLr;ksa ij ewY;gzkl -233.45 -164.13 Depreciation on fixed assets -233.45 -164.13
vk;dj vf/kfu;e] 1961 dh èkkjk 36¼1½ 1170.31 1135.37 Special Reserve u/s 36(1)(viii) 1170.31 1135.37
¼viii½ ds varxZr fo'ks"k vkjf{kr fuf/k of Income Tax Act 1961.
dqy 936.86 971.24 Total 936.86 971.24
vkLFkfxr dj vkfLr;k¡ ¼fuoy½ 25512.85 27054.20 Deferred Tax Assets (Net) 25512.85 27054.20
31-03-2022 dks lekIr gq, o"kZ ¼foÙk o"kZ 2021&22½ ds fy, ykHk vkSj The deferred tax assets ` 1541.35 Crore for the year ended
gkfu ys[ks esa vkLFkfxr dj vkfLr #- 1541-35 djksM+ ¼fiNys o"kZ% MsfcV 31.03.2022 (FY 2021-22) is debited to Profit & Loss Account
#- 1426 djksM+½ esa ukes Mkyh xbZ gSA (Previous year: Debited ` 1426 Crores).
ii½ orZeku dj% fookn ls fo'okl ;kstuk 2020 ds rgr ii) Current Tax: After opting certain eligible cases
dqN ik=k ekeyksa dks pquus ds ckn] cSad us 31-03-2022 dks under Vivad se Vishwas Scheme 2020, the Bank has
lekIr o"kZ ds nkSjku 'ks"k vk;dj izko/kku #- 700-00 djksM+ reversed remaining Income Tax provision amounting
to ` 700.00 crore during the year ended 31.03.2022,
dks fjolZ dj fn;k gS] D;ksafd vc bldh vko';drk ugha as the same is no longer required. Accordingly for the
gSA rnuqlkj 31-03-2022 dks lekIr foÙkh; o"kZ ds fy, financial year ended 31.03.2022 the bank has credited
cSad us orZeku dj ds dkj.k ykHk vkSj gkfu [kkrs esa #- ` 681.91 Crores to Profit & Loss Account (Previous
681-91 djksM+ tek fd, gSa ¼fiNys o"kZ% #- 31-78 djksM+ year: Debited ` 31.78 Crore) on account of current
MsfcV fd, x,½A rnuqlkj ykHk vkSj gkfu ys[ks esa izHkkfjr tax. Accordingly the total tax expense on account of
orZeku dj vkSj vkLFkfxr dj vkfLr;ksa ds dkj.k dqy dj current tax & deferred tax assets charged to Profit &
O;; #- 859-44 djksM+ gSA Loss account amounts to ` 859.44 Crore.
iii½ vU; vkfLr;ksa** ds rgr vkus okys vfxze :i ls iii) Tax Paid in advance/Tax deducted at source appearing
Hkqxrku fd, x, dj@lzksr ij dj dVkSrh esa fofHkUUk under “Other Assets” includes disputed amount
adjusted by the department/paid by the Bank in
ewY;kadu o"kks± ds fy, dj ekaxksa ds laca/k esa cSad
respect of tax demands for various assessment
@foHkkx }kjk Hkqxrku dh xbZ lek;ksftr fookfnr jkf'k years.
'kkfey gSaA
iv½ #- 11427-55 djksM+ ¼fiNys o"kZ #- 9835-82 djksM+½ dh iv) No provision is considered necessary in respect of
fookfnr vk;dj ekax ds laca/k esa dksbZ izko/kku vko';d disputed Income Tax demands of `11427.55 Crore
ugha leÖkk x;k gS D;ksafd cSad dh jk;] bu eqnnksa ij (Previous year ` 9835.82 Crore) as in the bank’s view,
fo'ks"kK dh jk; vkSj@vFkok cSad dh vihyksa ij gq, fu.kZ; duly supported by expert opinion and/or decision
in bank’s own appeals on same issues, additions /
ds vuqleFkZu ds vuqlkj fd, x, ifjo/kZu@vLohÑfr;ka
disallowances made are not sustainable.
/kkj.kh; ugha gSA
v) The Bank has evaluated the options available under
v½ cSad us vk;dj vf/kfu;e 1961 dh /kkjk 115 ch,, ds
section 115BAA of Income Tax Act, 1961 and opted
rgr miyC/k fodYiksa dk ewY;kadu fd;k gS vkSj vk;dj to continue to recognise the taxes on income for the
vf/kfu;e 1961 ds iwoZ izko/kku ds vuqlkj foÙkh; o"kZ financial year 2021-22 as per the earlier provisions of
2021&22 ds fy, vk; ij djksa dks ekU;rk nsuk tkjh j[kus Income Tax Act, 1961.
dk fodYi pquk gSA
vi) The current tax expenses and deferred tax expenses
vi½ orZeku dj O;; vkSj vkLFkfxr dj O;; dk fu/kkZj.k are determined in accordance with the provisions of
vk;dj vf/kfu;e] 1961 ds izko/kkuksa ds vuqlkj vkSj the Income Tax Act, 1961 and as per the Accounting
Øe'k% Hkkjrh; pkVZMZ ,dkmaVsaV~l laLFkku }kjk tkjh Standard 22- “Accounting for Taxes on Income”
ys[kk ekud 22& Þvk; ij djksa ds fy, ys[kkaduÞ ds issued by the Institute of Chartered Accountants of
vuqlkj fd;k tkrk gSA Hkkjr esa orZeku dj dh x.kuk India respectively. The current Tax in India has been
fons'kh {ks=kkfèkdkj esa Hkqxrku fd, x, djksa ds fy, mfpr calculated in accordance with the provisions of
jkgr ysus ds ckn vk;dj vf/kfu;e 1961 ds izko/kkuksa ds Income Tax Act 1961 after taking appropriate relief for
taxes paid on foreign jurisdiction.
vuqlkj dh xbZ gSA
345
15- ds½ ys[kk ekud 23& lesfdr foÙkh; fooj.kksa esa lg;ksxh 15. k) Accounting Standard 23 - Accounting for Investments
laLFkkvksa esa fuos'kksa ds fy, ys[kkadu in Associates in Consolidated Financial Statements
pw¡fd cSad dh viuh lg;ksxh laLFkkvksa esa lgHkkxh Lo#i dk Since Investments of the bank in its Associates are
fuos'k gS vkSj cSad dks mudh xfrfof/k;ksa ij egRoiw.kZ izHkko participative in nature and the Bank having the power
to exercise significant influence on their activities,
Mkyus dk vf/kdkj gS] vr% cSad dh lesfdr foÙkh; fooj.kksa such Investments are recognized in the Consolidated
esa ,sls fuos'kksa dks ekU;rk nh xbZ gSA Financial Statements of the Bank.
¼xr o"kZ% pwafd cSad ds vius lg;ksfx;ksa esa fuos'k lgHkkxh (Previous year: Since Investments of the bank in its
Lo#i dk gksrk gS vkSj cSad ds ikl mudh xfrfof/k;ksa ij Associates are participative in nature and the Bank
having the power to exercise significant influence on
egRoiw.kZ izHkko Mkyus dh 'kfä gksrh gS] ,sls fuos'kksa dks cSad their activities, such Investments are recognized in the
ds lesfdr foÙkh; fooj.kksa esa ekU;rk nh xbZ gS½A Consolidated Financial Statements of the Bank).
15- ,y½ ys[kk ekud 24% ifjpkyu can gksuk 15. l) Accounting Standard 24 – Discontinuing operations
fnukad 01-04-2021 ls 31-03-2022 dh vof/k ds nkSjku During the period from 01.04.2021 to 31.03.2022,
cSad us viuh fdlh Hkh 'kk[kk dk ifjpkyu can ugha fd;k the bank has not discontinued operations of any of
gS ftlds ifj.kkeLo:i ns;rkvksa dh 'kS¯Mx vkSj vkfLr;ksa its branches, which resulted in shedding of liability
dk Hkqxrku gqvk gks rFkk fdlh ifjpkyu dks lEiw.kZ :i ls and realization of assets and no decision has been
lekIr djus dk ,slk dksbZ fu.kZ; ugha fy;k x;k gS ftlls finalized to discontinue an operation in its entirety
which have the above effect.
mä izHkko iM+sA
(Previous year: During the period from 01.04.2020 to
¼xr o"kZ% fnukad 01-04-2020 ls 31-03-2021 dh vof/k
31.03.2021, the bank has not discontinued operations
ds nkSjku cSad us viuh fdlh Hkh 'kk[kk dk ifjpkyu can of any of its branches, which resulted in shedding
ugha fd;k gS] ftlds ifj.kkeLo:i ns;rkvksa dh 'kS¯Mx of liability and realization of assets and no decision
vkSj vkfLr;ksa dh olwyh gqbZ gks] rFkk fdlh ifjpkyu dks has been finalized to discontinue an operation in its
lEiw.kZ :i ls lekIr djus dk ,slk dksbZ fu.kZ; ugha fy;k entirety which have the above effect).
x;k gS ftlls mä izHkko iM+s½A
15. m. Accounting Standard 26 – Intangible asset
15-,e- ys[kk ekud 26 & vewrZ vkfLr
Useful life Amortization Amortization
mi;ksxh vof/k iz;qä dh xbZ ifj'kks/ku Particulars
(No. of Years) rates used Method
fooj.k ifj'kks/ku
¼o"kZ dh la[;k½ njsa i)fr
Straight Line
LVªsV ykbu Software 03 33.33%
lkW¶Vos;j 03 33.33% Method
fof/k
Intangible Assets
vewrZ laifÙk (Amount in ` crore)
¼jkf'k #- djksM+ esa½
Gross Block Amortization Net Block
dqy CykWd ifj'kksèku usV CykWd
Other Adjustments
Reclassifications /
Reclassifications /
iquoZxhZdj.k@gVkuk
iquoZxhZdj.k@gVkuk
As at 01.04.21
As at 31.03.22
As at 01.04.21
As at 31.03.22
As at 31.03.22
As at 31.03.21
For the year*
31-03-2022 rd
01-04-2021 rd
31-03-2022 rd
31-03-2022 rd
31-03-2021 rd
vU; lek;kstu
Particulars
Additions
01-04-21 rd
Deletions
Deletions
o"kZ ds fy,*
ifjoèkZu
fooj.k
Software 1102.91 106.40 0.00 0.00 1209.31 786.88 133.20 0.00 920.08 289.23 316.03
lkW¶Vos;j 1102.91 106.40 0.00 0.00 1209.31 786.88 133.20 0.00 920.08 289.23 316.03
TOTAL 1102.91 106.40 0.00 0.00 1209.31 786.88 133.20 0.00 920.08 289.23 316.03
dqy 1102.91 106.40 0.00 0.00 1209.31 786.88 133.20 0.00 920.08 289.23 316.03
Previous 621.89 481.02 0.00 0.00 1102.91 491.15 295.73 0.00 786.88 316.03 -
xr oÙkh; o"kZ 621.89 481.02 0.00 0.00 1102.91 491.15 295.73 0.00 786.88 316.03 - FY 2020-
2020&21* 21*
*dqy laifÙk;ksa esa tksM+ vkSj vkt rd ewY;gzkl esa lekesyu dh rkjh[k ds vuqlkj *Addition to gross block and depreciation to date includes balances of
varfjrh cSadksa dh 'ks"k jkf'k 'kkfey gS vkSj usV CykWd esa fcuk fdlh izHkko ds bls transferee Banks as at date of Amalgamation and is re-casted with no
impact in net Block.
fQj ls dkLV fd;k tkrk gSA
346
15- ,u½ ys[kk ekud 28 & vkfLr;ksa dk gzkl 15. n) Accounting Standard 28 – Impairment of assets
cSad dh vkfLr;ksa esa ,d cM+k fgLlk ^^foÙkh; vkfLr;ksa** dk gS ftu ij A substantial portion of the bank’s assets comprises ‘financial
assets’ to which Accounting Standard 28 ‘Impairment of
ys[kk ekud 28 ^^vkfLr;ksa dk gzkl** ykxw ugha gSA cSad dh jk; esa bu
Assets’ is Not Applicable. In the opinion of the bank, there is no
vkfLr;ksa ¼ftu ij ekud ykxw gksrk gS½ dh mä ekud dh 'krZ ds vèkhu
impairment of its assets (to which the standard applies) to any
visf{kr igpku ds fy, 31-03-2022 dks fdlh egRoiw.kZ lhek rd gzkl material extent as at 31.03.2022 requiring recognition in terms
ugha gSA of the said standard.
¼xr o"kZ % cSad dh vkfLr;ksa esa ,d cM+k fgLlk ^^foÙkh; vkfLr;ksa** dk gS (Previous year: A substantial portion of the bank’s assets
ftuij ys[kk ekud 28 ^^vkfLr;ksa dk gzkl** ykxw ugha gSA cSad dh jk; comprises ‘financial assets’ to which Accounting Standard 28
‘Impairment of Assets’ is Not Applicable. In the opinion of the
esa bu vkfLr;ksa ¼ftu ij ekud ykxw gksrk gS½ dh mä ekud dh 'krZ
bank, there is no impairment of its assets (to which the standard
ds v/khu visf{kr igpku ds fy, 31-03-2022 dks fdlh egRoiw.kZ lhek applies) to any material extent as at 31.03.2021 requiring
rd gzkl ugha gS½A recognition in terms of the said standard).
15- vks½ ys[kk ekud 29% izko/kku] vkdfLed ns;rk,a vkSj 15. o) Accounting Standard 29 - Provisions, Contingent
vkdfLed vkfLr;k¡% Liabilities and Contingent Assets
i½ ns;rkvksa ds fy, izko/kkuksa esa mrkj&p<+ko* i) Movement of provisions for liabilities*

dkuwuh ekeys @ Salary Legal cases/

fooj.k osru cdk;k Particulars
vkdfLedrk,a arrears contingencies
44.00 74.20 Opening Balance 44.00 74.20
izkjafHkd 'ks"k
(911.91) (29.35) (911.91) (29.35)
0.00 0.00 Addition on account of 0.00 0.00
bZvkschlh vkSj bZ;w,uvkbZ ds
amalgamation of eOBC and (461.75) (43.02)
lekesyu ds dkj.k o`f) (461.75) (43.02)
eUNI
o"kZ ds nkSjku tksM+k x;k @ 0.00 11.81 Addition / Provided during 0.00 11.81
iznku fd;k x;k (1564.66) (5.93) the Year (1564.66) (5.93)
0.00 0.23 Amounts used during the 0.00 0.23
vof/k ds nkSjku iz;qä jkf'k;ka
Year (2316.96) (0.23)
(2316.96) (0.23)
44.00 2.27 Reversed during the period 44.00 2.27
o"kZ dh vof/k ds nkSjku fjolZ
Year (577.36) (3.87)
(577.36) (3.87)
0.00 83.51 Balance as at 31.03.2022 0.00 83.51
31-03-2022 dks 'ks"k
(44.00) (74.20) (44.00) (74.20)
Timing of outflow/ On actual Outflow on
cfgokZg @ vfuf'Pkrkvksa okLrfod fuiVku@
uncertainties Payment settlement /
dk le; Hkqxrku ij fØLVyhdj.k ij
crystallization
cfgokZg
(On actual (Outflow on
okLrfod fuiVku@ Payment) settlement /
Hkqxrku ij fØLVyhdj.k ij crystallization)
cfgokZg
*Excluding provisions for others
*vU; ds fy, izko/kku dks NksM+dj ii) Refer Schedule-12 on contingent liabilities
ii½ vkdfLed ns;rkvksa ij vuqlwph & 12 ns[ksa%
Such liabilities at S.No.(I), (II), (III), (IV), (V) & (VI) are dependent
Øe la[;k ¼I½]¼II½] ¼III½] ¼IV½] ¼V½ o¼VI½ dh ,slh ns;rk,a vnkyr @ upon the outcome of Court / arbitration / out of court
fookpu@vnkyr ls ckgj leÖkkSrs ds fu"d"kks±] vihyksa dk fuiVku] settlement, disposal of appeals, the amount being called up,
ekaxh tk jgh jkf'k] lafonkxr nkf;Roksa dh 'krks±] lEc) ik£V;ksa }kjk dh terms of contractual obligations, devolvement and raising of
x;h ek¡xksa ij Øe'k% vkfJr gSaA demand by concerned parties, respectively.
347
vU; izdVhdj.k % Other Disclosures:
16- O;fäxr @ lewg m/kkjdrkZvksa ds fy, vkjchvkbZ }kjk 16. Bank’s Disclosure in respect of Credit Exposures where
the same had exceeded the Prudential Exposure limits as
fuèkkZfjr foosdiw.kZ ,Dlikstj ¼,ybZ½ <kaps ds vuqlkj 31- per Large Exposure (LE) framework prescribed by RBI for
03-2022 dks lekIr foÙkh; o"kZ gsrq ØsfMV ,Dlikstj tgka Individual/Group Borrowers for the Financial year ended
vfèkd Fkk] mlds laca/k esa cSad dk izdVhdj.k% 31.03.2022:
foÙkh; o"kZ 31-03-2022 ds fy, fV;j &1 iwath #- 62636 djksM+ ds vkèkkj Details of accounts where Bank has exceeded prudential
ij O;fäxr vkSj lewg [kkrksa ds laca/k esa cM+s ,Dlikstj ¼,ybZ½ <kaps ds exposure ceilings as per Large Exposure (LE) framework in
vuqlkj mu [kkrksa dk fooj.k uhps fn;k x;k gS] tgka cSad us foosdiw.kZ respect of any Individual and Group Accounts based on Tier – 1
Capital of ` 62636 Crores for the financial year 31.03.2022 are
,Dlikstj lhek dks ikj fd;k gS% &
as below:-
31-03-2022 dks fV;j &1
iwath ds% ds :i esa dqy
31-03-2022 dks Vh;j &1

iwath ds% ds :i esa ,ybZ
ÝseodZ ds vuqlkj dqy
1 Capital as on 31.03.2022
Framework as % of Tier –
cdk;k ¼31-03-2022 rd½
Name of the Borrower
of Tier-1 Capital as on
Total Exposure as %
Outstanding (as on
Exposure as per LE
(as on 31.03.2022)
Prescribed Ceiling
Total Outstanding
m/kkjdrkZ dk uke
cdk;k ,Dlikstj
¼31-03-2022 dks½
fu/kkZfjr lhek
31.03.2022)
31.03.2022
,Dlikstj
Exposure
,Dlikstj
S. No.
Ø- la-
O;fDrxr Individual
1. Hkkjrh; [kk| #-12527-20 14469.27 23.10% 14469.27 *23.10% 1. Food ` 12527.20 14469.27 23.10% 14469.27 *23.10%
Corporation Crores (20% of
fuxe djksM+ ¼fV;j&I of India Tier – I Capital)
a h dk 20%½
iwt
2. ukckMZ 14052.65 22.44% 14052.65 *22.44% 2. NABARD 14052.65 22.44% 14052.65 *22.44%
*lewg *Group
'kwU; NIL
31-03-2021 ¼31-03-2021 dks lekIr foÙkh; o"kZ½ 31.03.2021 (FY ended 31.03.2021)
foÙkh; o"kZ 31-03-2021 ds fy, fV;j &1 iwath #- 55507 djksM+ ds vkèkkj Details of accounts where Bank has exceeded prudential
exposure ceilings as per Large Exposure (LE) framework in
ij O;fäxr vkSj lewg [kkrksa ds laca/k esa cM+s ,Dlikstj ¼,ybZ½ <kaps ds respect of any Individual and Group Accounts based on Tier – 1
vuqlkj mu [kkrksa dk fooj.k uhps fn;k x;k gS] tgka cSad us foosdiw.kZ Capital of ` 55507 Crores for the financial year 31.03.2021 are
,Dlikstj lhek dks ikj fd;k gS% & as below: -
31-03-2021 dks fV;j &1
iwath ds % ds :i esa dqy
31-03-2021 dks Vh;j &1

iwath ds % ds :i esa ,ybZ
ÝseodZ ds vuqlkj dqy
1 Capital as on 31.03.2021
Framework as % of Tier –
cdk;k ¼31-03-2021 rd½
Name of the Borrower
of Tier-1 Capital as on
Total Exposure as %
Outstanding (as on
Exposure as per LE
m/kkjdrkZ dk uke
Prescribed Ceiling
Total Outstanding
cdk;k ,Dlikstj
¼31-03-2021 dks½
Exposure (as on
fu/kkZfjr lhek
31.03.2021)
31.03.2021)
31.03.2021
,Dlikstj
,Dlikstj
S. No.
Ø- la-
O;fDrxr Individual
1. bafM;u #- 11101-40 11356.43 $
20.46% 11356.43 20.46% 1. Indian ` 11101.40 11356.43 $
20.46% 11356.43 20.46%
jsyos djksM+ ¼fV;j&I Railway Crores (20%
Qkbusal Finance of Tier – I
iwt
a h dk 20%½
dkiksZjs'ku Corp. Ltd Capital)
fy-
*Group
*lewg
NIL
'kwU;
348
*vkjchvkbZ ds ifji=k fnukad 03-06-2019 us cSad dh cksMZ dh 'kfä;ksa ds rgr *RBI Circular dated 03.06.2019 has given leverage of 5% over and above
,dy izfri{k ds 20% dh lhek ds vfrfjä 5% dk yhojst fn;k gSA cksMZ us the ceiling of 20% of single counterparty under the Bank’s Board Power.
Board in its meeting dated 28.03.2017 has approved that bank may
fnukad 28-03-2017 dh viuh cSBd esa ;g vuqeksnu fn;k gS fd cSad vlk/kkj.k in exceptional circumstances consider enhancement of the exposure
ifjfLFkfr;ksa esa cM+s ,Dlikstj ds :i esa oxhZÑr ,dy izfri{kdkj ds fy, ceiling for single counterparty classified as Large Exposure upto 5%
,Dlikstj lhek dks 20% dh mPpre lhek ds vfrfjä vkSj 5% rd c<+kus ij over and above ceiling of 20%.
fopkj dj ldrk gSA
$
vkjchvkbZ ifji=k fnukad 03-06-2019 us cSad dh cksMZ dh 'kfä;ksa ds rgr ,dy $
RBI Circular dated 03.06.2019 has given leverage of 5% over and above
izfri{k ds 20% dh lhek ls vf/kd 5% dk yhojst fn;k gSA cksMZ us viuh cSBd the ceiling of 20% of single counterparty under the bank’s Board power.
fnukad 05-03-2021 esa dk;Zlwph la[;k ,&3 ds ek/;e ls bldh iqf"V dh FkhA The same was ratified by the board in its meeting dated 05.03.2021
vide Agenda No. A-3.
31-03-2022 dks lekIr foÙkh; o"kZ ds fy, O;fäxr vkSj lewg [kkrksa All the exposure (other than exempted exposure) of Individual
¼mijksDr mfYyf[kr dks NksM+dj½ ds lHkh ,Dlikstj ¼NwV izkIr and Group Accounts (except as mentioned above) for the
,Dlikstj ds vykok½ ,ybZ ÝseodZ ds vuqlkj fu/kkZfjr fu;ked financial year ended 31.03.2022 are within the prescribed
lhekvksa ds Hkhrj gSaA regulatory limits, as per LE Framework.
31-03-2021 dks lekIr foÙkh; o"kZ ds fy, O;fäxr vkSj lewg [kkrksa (All the exposure (other than exempted exposure) of Individual
¼mijksDr mfYyf[kr dks NksM+dj½ ds lHkh ,Dlikstj ¼NwV izkIr and Group Accounts (except as mentioned above) for the
,Dlikstj ds vykok½ ,ybZ ÝseodZ ds vuqlkj fu/kkZfjr fu;ked financial year ended 31.03.2021 are within the prescribed
lhekvksa ds Hkhrj gSaA regulatory limits, as per LE Framework).
17- izdVhdj.k% pqdkSrh vk'oklu i=k ¼,yvkslh½ 17. Disclosure: Letter of Comfort (LoC)
^^cSad us ;wukbVsM ¯dxMe esa fu;ked] izwMsaf'k;y jsxqys'ku vFkkWfjVh “The Bank has issued a Letter of Comfort to Prudential
¼ihvkj,½ dks ;w-ds fLFkr viuh vuq"kaxh iatkc uS'kuy cSad ¼baVjuS'kuy½ Regulation Authority (PRA), the regulator in United Kingdom,
fyfeVsM ds laca/k esa ,d pqdkSrh vk'oklu i=k tkjh fd;k gS] ftlesa committing that the bank shall provide financial support to
;g vk'oklu fn;k x;k gS fd ;fn iatkc uS'kuy cSad ¼baVjus'kuy½ its subsidiary, Punjab National Bank (International) Ltd., UK so
fyfeVsM] ;wds viuh izfrc)rk,¡ iwjh u dj ik, rks cSad mls foÙkh; that it meets its financial commitments as and when they fall
lgk;rk iznku djsxk**A due”.
mä pqdkSrh vk'oklu i=k fnukad 15-03-2022 dks gekjh vuq"kaxh The said letter of Comfort has been renewed on 15.03.2022
ih,uchvkbZ,y ls lacaf/kr ihvkj, ds i{k esa gekjs cksMZ ls vuqeksnu after seeking approval of our Board in favor of PRA w.r.t. our
izkIr djus ds ckn uohuhÑr fd;k x;k gS] ftlesa geus viuh subsidiary PNBIL wherein we have reiterated our commitment.
izfrc)rk dks nksgjk;k gSA ;g uohuhdj.k ihvkj, vkSj vkjchvkbZ ds The renewal was done as per instruction of PRA and RBI.
funsZ'k ds vuqlkj fd;k x;k FkkA
mijksä ds vykok] cSad us lewg laLFkkvksa ¼{ks=kh; xzkeh.k cSadksa dks Apart from the above, the Bank has not issued any Letter of
NksM+dj½ dks dksbZ pqdkSrh vk'oklu i=k tkjh ugha fd;k gS vkSj blfy,] Comfort to Group Entities (Excl. RRBs) and therefore, there are
pqdkSrh vk'oklu i=k ds rgr dksbZ lap;h foÙkh; nkf;Ro ugha gSaA no cumulative financial obligations under Letter of Comfort.
18- izdVhdj.k% opui=k 18. Disclosure: Letter of Undertaking
“The Bank has issued a Letter of Undertaking to International

^^cSad us varjkZ"Vªh; foÙkh; lsok dsaæ izkf/kdj.k ¼vkbZ,Q,llh,½]
Financial Services Centers Authority (IFSCA), GIFT City,
thvkbZ,QVh flVh] xka/khuxj] xqtjkr dks ,d opu i=k tkjh fd;k Gandhinagar, Gujarat that it will provide necessary Capital
gS fd og ;w,lMh 20-00 ehfy;u dh vko';d iwath lgk;rk iznku support of USD 20.00 Mio.
djsxkA
Further, the bank hereby confirms that it will provide such
blds vykok] cSad bl ckr dh iqf"V djrk gS fd og bl rjg dk leFkZu
support and assistance (including liquidity, whenever needed)
vkSj lgk;rk iznku djsxk ¼tc Hkh vko';d gks] pyfuf/k lfgr½ vkSj
and may be appropriated to enable the IFSC Banking Unit to
lapkyu ds nkSjku nkf;Roksa dks iwjk djus ds fy, vkbZ,Q,llh cSa¯dx
meet obligations in the course of the operation”.
;wfuV dks l{ke djus ds fy, fofu;ksftr fd;k tk ldrk gSA
Apart from the above the Bank has not issued any Letter of
mijksä ds vykok cSad us fons'kh 'kk[kkvksa ds fy, dksbZ pqdkSrh vk'oklu Comfort for overseas branches and there are no cumulative
i=k tkjh ugha fd;k gS vkSj pqdkSrh vk'oklu i=k ds rgr dksbZ lap;h financial obligations under Letter of Comfort.
foÙkh; nkf;Ro ugha gSA
349
19- ØsfMV dkMZ ds fjokWMZ ikWbaV~l 19. Reward Points of Credit Card
ih,uch Xykscy ØsfMV dkMZ /kkjd tc dHkh vius ØsfMV dkMZ dk iz;ksx PNB Global Credit Card holders are rewarded as and when they
djds [kjhnnkjh djrs gSa rks mUgsa fjokWMZ ds vad iznku fd, tkrs gSA ;s make purchases through usage of Credit Card. Reward Points
fjokMZ ds vad eps±V laLFkku ij dkMZ/kkjd }kjk ØsfMV dkMZ dk mi;ksx are generated at the time of usage of Credit Card by Cardholder
djrs le; tkjh fd, tkrs gSaA dkMZ/kkjd bu ,df=kr vadksa dks fjMhe at merchant Establishment. Card holder can redeem the
accumulated reward points. The amount payable on account of
dj ldrk gSA fjokWMZ vadksa ds dkj.k ns; jkf'k dks nSfud vk/kkj ij ykHk
reward points is charged to Profit and Loss account and credited
o gkfu ys[ks esa izHkkfjr fd;k tkrk gS vkSj fofo/k izko/kku [kkrs esa ØsfMV
to Sundry Provision Account on daily basis.
fd;k tkrk gSA
cdk;k fjokWMZ vadksa ¼ØsfMV dkMZ½ rFkk muds laca/k esa fd, x, Position of outstanding reward points of Credit Cards and
izko/kku dh fLFkfr fuEufyf[kr gS% Provision thereon:
fooj.k pkyw o"kZ fiNys o"kZ Particulars Current Year Previous Year
cdk;k 'ks"k fjokWMZ vad 203815605 206320567 Balance Reward Points 203815605 206320567
outstanding
bu vadksa ds fy, fd;k x;k izko/kku 2.55 2.58 Provision held for these 2.55 2.58
¼#--djksM+ esa½* points (` in Crore)*
*ØsfMV dkMZ ds laca/k esa fjokWMZ ikWbaV~l ds izfr 1 ikWbaV ds fy, #-0-50 *The provision held against Rewards points in respect of
Credit Cards has been worked out at ` 0.50 for 1 point. Based
dk izko/kku fd;k x;k gSA fjMsEI'ku ds fiNys pyu ij vk/kkfjr] fiNys
on past trend of redemption, provision has been made @25%
o"kZ ds vuqekfur vk/kkj ij lafpr fjokWMZ ikWbaV~l ds @ 25% dk izkoèkku
of accumulated Reward points on estimated basis as in the
fd;k x;k gSA
previous year.
20- xSj&cSa¯dx vkfLr;ksa ls lacaf/kr izdVhdj.k% 20. Disclosure related to Non -Banking assets:

laifÙk;ksa dh laifÙk;ksa dh No. of Balance No. of Balance
cdk;k 'ks"k cdk;k 'ks"k Properties Outstanding Properties Outstanding
la[;k la[;k
13 50.21 14 61.35 13 50.21 14 61.35
21- jsiks ;k fjolZ jsiks ysunsu ds rgr m/kkj nh xbZ ;k v£tr dh xbZ 21. Corporate debt securities lent or acquired under repo or
reverse repo transactions:
dkWiksZjsV _.k izfrHkwfr;ka%
pkyw o"kZ xr o"kZ
'kwU; 'kwU; NIL NIL
22- Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa ds vuqlkj] cSad us vo#) [kkrs 22. As per RBI guidelines, the Bank worked out the amount
rS;kj djus ds fy, 5 o"kks± ls vf/kd le; ls cdk;k varj 'kk[kk of Inter Branch Credit entries outstanding for more than
5 years to create a Blocked Account. Accordingly, a sum of
ØsfMV izfof"V;ksa dh jkf'k dh x.kuk dhA rnuqlkj] #- 'kwU; ¼fiNys
` NIL(previous year ` 8.65 Crores) [net of adjustments since
o"kZ #- 8-65 djksM+½ dh jkf'k dks fd;s x, [lek;kstu dks ?kVkdj carried out has been included under “Other Liabilities-
vuqlwph &5 esa ÞvU; ns;rk,a&vU;Þ ds rgr 'kkfey fd;k x;k others” in Schedule-5].
gS]A
23- ifjlj esa #- 2-48 djksM+ dh laifÙk 'kkfey gS [ewY;gzkl dks 23. Premises includes properties amounting to ` 2.48 Crore
?kVkdj] {ykxr #- 4-12 djksM+} tks 'kh"kZd foys[kksa ds iathdj.k [Net of Depreciation] {Cost ` 4.12 Crore} are awaiting
dh izrh{kk dj jgs gSa ¼fiNys o"kZ #- 2-26 djksM+½ [ewY;gzkl dks registration of title deeds (Previous year ` 2.26 Crore)[Net
?kVkdj] {ykxr #- 4-12 djksM+}] of Depreciation] {Cost ` 4.12 Crore}]
24. Premises includes Capital work in progress of ` 127.08
24- ifjlj esa #- 127-08 djksM+ ¼fiNys o"kZ #- 82-36 djksM+½ dk pkyw Crore (previous year ` 82.36 Crore).
iwathxr dk;Z 'kkfey gSA
350
25- lw{e] y?kq vkSj e/;e m|e fodkl vf/kfu;e 2006 esa fn, x, 25. Guidelines given in Micro, Small and Medium Enterprises
fn'kk&funsZ'kksa dk ikyu ekpZ 2022 ¼foÙk o"kZ 2021&22½ dks lekIr Development Act 2006 have been complied with for
ckjg eghuksa ds nkSjku dh xbZ [kjhn ds fy, fd;k x;k gS vkSj purchases made during the twelve months ended March
2022 (FY 2021-22) and payments have been made to the
vfèkfu;e ds vuqlkj foØsrkvksa dks le; ij Hkqxrku fd;k x;k gSA Vendors in time as per Act. Since there had been no delay
pwafd Hkqxrku esa dksbZ nsjh ugha gqbZ Fkh] ekpZ] 2022 ¼foÙk o"kZ 2021&22½ in payment, no penal interest applicable during year ended
dks lekIr o"kZ ds nkSjku dksbZ naMkRed C;kt ykxw ugha gqvkA March, 2022 (FY 2021-22).
26- ekpZ] 2022 dks lekIr pkyw foÙkh; o"kZ ds fy, ifjlj ds 26. Depreciation on Revalued Portion of Premises for the
iquewZY;kadu Hkkx ij ewY;gzkl #- 144-61 djksM+ ¼fiNys o"kZ #- current financial year ended March, 2022 is ` 144.61 Crores
127-57 djksM+½ gSA (Previous year ` 127.57 Crores).
27- 31-03-2022 dks lekIr o"kZ ds nkSjku cSad us vpy laifÙk;ksa dk 27. During the year ended 31.03.2022 the Bank has not
Revalued Immovable Properties (In the Previous financial
iquewZY;kadu ugha fd;k gS ¼fiNys foÙkh; o"kZ esa cSad us ewy ewY;
year the Bank Revalued (appreciation) properties having
#- 133-93 djksM+ ls #- 123-99 djksM+ dh ewy ykxr okyh laifÙk;ksa original cost ` 133.93 Crores by ` 123.99 Crores).
dk iquewZY;kadu ¼ewY;o`f)½ fd;k Fkk½A
28- vkjchvkbZ ds i=k la- chihlh-7201@21-04-132@2017&18 fnukad 28. In compliance of RBI letter no. BPC.7201/21.04.132/2017-
08-02-2018 ds vuqikyu esa] cSad us iatkc ljdkj dks nh?kZdkfyd 18 dated 08.02.2018, Bank has made a provision of
` 98.95 Crore (Previous year ` 103.77 Crore) being 5 % of
_.k ¼,yVh,y½ ds fy, vfxze ds laca/k esa 31-03-2022 dh fLFkfr
the existing outstanding of ` 1979.11 Crore (Previous year
ds vuqlkj #- 1979-11 djksM+ ¼fiNys o"kZ #- 2075-40 djksM+½ ds ` 2075.40 Crore) as on 31.03.2022 in respect of Advance to
ekStwnk cdk;k dk 5% gksus ds ukrs #- 98-95 djksM+ ¼fiNys o"kZ #- Government of Punjab Long term Loan (LTL).
103-77 djksM+½ dk izko/kku fd;k gSA
29- fnokyk vkSj 'kks/ku v{kerk lafgrk ¼vkbZchlh½ ds izko/kkuksa ds 29. In terms of RBI Letter no. DBR.No.BP.15199/21.04.048/
rgr 'kkfey fd, x, [kkrksa ds fy, vkjchvkbZ ds i=k la[;k 2016-17 dated June 23, 2017 (RBI List-1) and Letter no.
Mhchvkj-la-chih-15199@21-04-048@2016&17 fnukad 23 twu DBR.BP.1908/21.04.048/2017-18 dated August 28, 2017
2017 ¼vkjchvkbZ lwph&1½ vkSj i=k la- Mhchvkj-chih-1908 @21- (RBI List-2) for the accounts admitted under the provisions
of Insolvency & Bankruptcy Code (IBC), the Bank is holding
04-048 @2017&18 fnukad 28 vxLr] 2017 ¼vkjchvkbZ lwph&2½
total provision of ` 8384.09 Crore (Aggregate provision of
ds vuqlkj] ¼vkjchvkbZ lwph 1 vkSj lwph 2 [kkrksa dk dqy izkoèkku½ RBI List 1 and List 2 accounts) as on March 31, 2022 (99.78%
31 ekpZ] 2022 rd ¼ldy ,uih, vfxze dk 99-78%½ cSad ds ikl of Gross NPA advances). (Previous Year ` 8,374.53 Crore
dqy #- 8384-09 djksM+ dk izko/kku gSA ¼fiNys o"kZ #- 8]374-53 (Aggregate provision of RBI List 1 and List 2 accounts),
djksM+ ¼vkjchvkbZ lwph 1 vkSj lwph 2 [kkrksa dk dqy izko/kku½] 100% of Gross NPA advances)
ldy ,uih, vfxze dk 100%½A
30- Hkkjr lfgr dbZ ns'kksa esa dksfoM&19 egkekjh ds ifj.kkeLo:i 30. COVID - 19 pandemic across several countries including
India has resulted in a significant decline and volatility in
oSf'od vkSj Hkkjrh; foÙkh; cktkjksa vkSj vk£Fkd xfrfof/k;ksa esa
global as well as Indian financial markets and economic
mYys[kuh; fxjkoV vkSj vfLFkjrk vkbZ gSA Hkkjr ljdkj us ekpZ activities. The Government of India announced a series
2020 ds ckn ls ykWd Mkmu mik;ksa dh ,d Jà[kyk dh ?kks"k.kk of lock down measures since March 2020 onwards,
dh] ftUgsa fofHkUUk ljdkjksa }kjk vius&vius vf/kdkj {ks=k esa O;kIr which were lifted and re-imposed for activities by various
fLFkfr ds vk/kkj ij fofo/k le; ij xfrfof/k;ksa dks gVk;k x;k Governments at various points of time depending on the
situation prevailing in their respective jurisdictions and the
vkSj iqu% ykxw fd;k x;k vkSj blds ifj.kkeLo:i dkjksckj vkSj
same had resulted in disruption of business and common
vke yksxksa ds thou esa O;o/kku mRiUUk gqvkA life.
dksfoM&19 ds u, :iksa ds dkj.k fLFkfr vfuf'Pkr cuh gqbZ gS vkSj The situation continues to be uncertain due to new variants
cSad fujarj vk/kkj ij fLFkfr dk ewY;kadu dj jgk gSA dksfoM&19 of COVID-19 and the Bank is evaluating the situation on
egkekjh cSad ds ifj.kkeksa dks fdl gn rd izHkkfor djsxh] ;g ongoing basis. The extent to which the COVID-19 pandemic
Hkfo"; ds fodkl ij fuHkZj djsxkA cSad ds fy, izeq[k fpfUgr dh will impact the Bank’s results will depend on future
xbZ pqukSfr;k¡ udnh&izokg vkSj foLrkfjr dk;Z'khy iwath pØ ds developments. The major identified challenges for the
Bank would arise from eroding cash-flows and extended
?kVus ls mRiUUk gksaxhA bu pqukSfr;ksa dk lkeuk djus ds fy, cSad
working capital cycles. The Bank is gearing itself on all the
lHkh Lrj ij Lo;a dks rS;kj dj jgk gSA fronts to meet these challenges.
351
31- funs'kd eaMy us 31 ekpZ] 2022 dks lekIr o"kZ ds fy, visf{kr 31. The Board of Directors has recommended a dividend of
vuqeksnu ds v/khu 0-64 #i;s izfr bfDoVh 'ks;j ¼32%½ ds ykHkka'k Re.0.64 per equity share (32%) for the year ended March
31, 2022 subject to requisite approvals.
dh flQkfj'k dh gSA
32- I. fiNyh vof/k;ksa ds vkadM+ksa dks orZeku vof/k ds oxhZdj.k 32. I. Figures of the previous periods have been regrouped
/ rearranged / reclassified wherever necessary to
ds vuq:i cukus ds fy, tgka dgha vko';d gks]
conform to current period’s classification.
iqulZewfgr@iquO;ZofLFkr@iquoZxhZÑr fd;k x;k gSA
II. Figures in the bracket wherever given (except Item
II- dks"Bd esa fn, x, vkadM+s tgka dgha fn, x, gSa ¼en la[;k
no.15.(e). - Accounting Standard 15 - Employees
15-¼bZ½ & ys[kk ekud 15 & deZpkjh ykHk dks NksM+dj½ Benefits) relates to previous year.
fiNys o"kZ ls lacaf/kr gSaA
352
31 ekpZ 2022 dks lekIr o"kZ ds fy, ,dy udnh izokg dk fooj.k
STATEMENT OF STANDALONE CASH FLOW FOR THE YEAR ENDED 31ST MARCH, 2022
¼Rs.000 dks NksM+ fn;k x;k gS½ (Rs.000s omitted)
31-03-2022 31-03-2021 dks
fooj.k dks lekIr o"kZ lekIr o"kZ
Particulars Year ended Year ended
31.03.2022 31.03.2021
,- ifjpkyu dk;Zdykiksa ls udnh izokg

A. Cash Flow from Operating Activities
dj ds i'Pkkr fuoy ykHk@gkfu
Net Profit/(Loss) after Tax 3456,96,36 2021,61,87
dj ds fy, izko/kku
Provision for Tax 859,43,72 1457,77,96
(I) dj ls iwoZ fuoy ykHk (i) 4316,40,08 3479,39,83
Net Profit before taxes
(II) fuEufyf[kr ds fy, lek;kstu

Adjustments for:
vpy vkfLr;ksa ij ewY;gzkl
Depreciation on fixed assets 888,60,51 974,91,80
fuos'k [fuoy] ij ewY;gzkl@¼foekspu½
Depreciation/(Release) on Investments [net] 583,85,67 258,26,15
lgk;d@tsoh esa fuos'k ij ewY;gzkl@¼foekspu½
Depreciation/(Release) on Investments in Subsidiary/JV 0 341,58,76
vutZd vkfLr;ksa ds fy, izko/kku
Provisions for non performing assets 14158,58,55 17059,51,49
ekud vkfLr;ksa ij izko/kku
Provision on Standard Assets 1644,53,52 1273,86,76
vU; izko/kku ¼fuoy½
Other Provision (net) 293,80,62 568,09,57
vuq"kaxh @ vU; ls ykHkka'k
Dividend from Subsidiary / Others -46,13,84 -139,72,62
vpy vkfLr;ksa ¼fuoy½ dh fcØh ls ykHk@gkfu
Profit / Loss on sale of Fixed Assets (net) -14,34,75 12,75,38
ckW.Mksa ij iznÙk C;kt
Interest paid on Bonds 2202,25,20 1992,87,01
mi&tksM+ (ii) 19711,15,48 22342,14,30
Sub Total
ifjpkyu vkfLr;ksa o ns;rkvksa esa ifjorZuksa ls iwoZ ifjpkyu ykHk (i+ii) 24027,55,56 25821,54,13
Operating Profit before Changes in Operating Assets and Liabilities
ifjpkyu vkfLr;ksa o ns;rkvksa esa fuoy ifjorZu ds fy, lek;kstu

(III) Adjustment for net change in Operating Assets and Liabilities
fuos'kksa esa gzkl@¼o`f)½
Decrease / (Increase) in Investments 20278,21,05 -21672,56,66
vfxzeksa esa gzkl@¼o`f)½
Decrease / (Increase) in Advances -68130,03,06 5312,24,53
vU; ifjlaifÙk;ksa esa gzkl@¼o`f)½
Decrease / (Increase) in Other Assets 1208,52,11 -6235,97,92
353
31-03-2022 31-03-2021 dks
31.03.2022 31.03.2021
tek jkf'k;ksa esa o`f)@¼gzkl½
Increase / (Decrease) in Deposits 39885,97,68 34769,84,06
m/kkjksa esa o`f)@¼gzkl½
Increase / (Decrease) in Borrowings 391,09,86 -27180,45,55
vU; ns;rkvksa o izko/kkuksa esa o`f)@¼gzkl½
Increase / (Decrease) in Other Liabilities & Provisions 4252,69,88 -9466,18,92
(iii) -2113,52,48 -24473,10,46
ifjpkyuksa ls mRiUu udnh
Cash generated from Operations (i+ii+iii) 21914,03,08 1348,43,67
izR;{k dj ¼izfrns; dks ?kVkdj½
Direct Taxes paid (net off Refund) -1550,41,47 -156,31,05
¼,½ ifjpkyu dk;Zdykiksa ls fuoy udnh ¼,½ 20363,61,61 1192,12,62
(A) Net Cash from Operating Activities (A)
¼ch½ fuos'k dk;Zdykiksa ls udnh izokg

(B) Cash Flow from Investing Activities
vpy vkfLr;ksa dh [kjhn ¼fcØh dks ?kVkdj½
Purchase of Fixed Assets (net off Sales) -534,08,08 -774,64,51
vuq"kaxh@vU; ls ykHkka'k dh olwyh
Dividend recd from Subsidiary/Others 46,13,84 139,72,62
vuq"kaxh@vU; esa fuos'k
Investment in Subsidiary/Others -619,40,50 -204,24,83
fuos'k dk;Zdykiksa esa ¼iz;qä½fuoy udnh ¼ch½ -1107,34,74 -839,16,72

Net Cash from (used) in Investing Activities (B)
¼lh½ foÙkiks"k.k dk;Zdykiksa ls udnh izokg

(C) Cash flow from Financing Activities
'ks;j iwath@'ks;j vkosnu jkf'k@'ks;j izhfe;e
Share Capital/Share Application Money/Share Premium 1793,05,18 3777,32,45
ckW.Mksa ¼fuoy½ dk fuxZeèk@¼ekspu½
Issue/(Redemption) of Bonds (net) 2450,00,00 3508,94,07
Interest paid on Bonds -2202,25,20 -1992,87,01
lekesyu ds ifj.kkeLo:i vkaf'kd ik=krk ds fy, bZ&vkschlh vkSj bZ&;w,uvkbZ
ds 'ks;j /kkjd dks iznÙk udnh
Cash paid to Shareholder of e-OBC & e-UNI towards fractional entitle- 0 -50,12
ment consequent to amalgamation
foÙkiks"k.k dk;Zdykiksa ¼iz;qDr½ ls fuoy udnh ¼lh½ 2040,79,98 5292,89,39
Net Cash from (used) Financing Activities (C)
¼Mh½ lekesyu ls izkIr udnh vkSj udnh rqY;

(D) Cash and Cash Equivalents received on account of ¼Mh½
amalgamation (D) 0 29710,82,20
354
31-03-2022 31-03-2021 dks
31.03.2022 31.03.2021
¼bZ½ udnh rFkk udnh rqY;ksa esa fuoy ifjorZu ¼d$[k$x$³½ 21297,06,85 35356,67,49
(E) Net Change in Cash and Cash Equivalents (A+B+C+D)
o"kZ dh 'kq#vkr esa udnh vkSj udnh rqY;

Cash and Cash Equivalents at the beginning of the year
Hkkjrh; fjtoZ cSad ds ikl udnh vkSj 'ks"k
Cash and Balances with Reserve Bank of India 43958,82,83 38397,85,04
cSadksa ds ikl 'ks"k vkSj ekax o vYi lwpuk ij ns; /ku
Balances with Banks & Money at Call & Short Notice 67390,87,62 37595,17,92
111349,70,45 75993,02,96
frekgh ds var esa udnh rFkk udnh rqY;

Cash and Cash Equivalents at the end of the quarter
Hkkjrh; fjtoZ cSad ds ikl udnh vkSj 'ks"k
Cash and Balances with Reserve Bank of India 56636,11,66 43958,82,83
Balances with Banks & Money at Call & Short Notice 76010,65,64 67390,87,62
132646,77,30 111349,70,45
fVIif.k;k¡
Notes :- -
1 udnh çokg fooj.k vçR;{k fof/k ds rgr rS;kj fd;k x;k gS vkSj tgka dgha vko';d le>k x;k gS] vkadM+ksa dks fQj ls lewfgr fd;k x;k gSA
Cash flow statement has been prepared under the Indirect Method and figures have been regrouped wherever considered
necessary.
2 iznÙk izR;{k djksa ¼izfrns; dk ?kVkdj½ dks ifjpkyu dk;Zdykiksa ls m)r ekuk x;k gS rFkk bUgsa fuos'k rFkk foÙkh;u dk;Zdykiksa ds e/; foHkä ugha
fd;k x;k gSA
Direct taxes paid (net off refund) are treated as arising from operating activities and are not bifurcated between investing and
financing activities.
3 fiNyh vof/k ds vkadM+ksa dks orZeku vof/k ds oxhZdj.k ds vuq:i vko';d le>s tkus ij iqu% lewfgr fd;k x;k gSA
Figures of previous period have been regrouped wherever considered necessary to conform current period classification.
4 udn vkSj udn rqY; esa dS'k vkWu gSaM] vkjchvkbZ vkSj vU; cSadksa ds lkFk 'ks"k jkf'k vkSj ekax o vU; lwpuk ij ns; /ku 'kkfey gS
Cash and Cash equivalents includes Cash on hand, Balance with RBI & Other Banks and Money at Call and Short Notice
31-03-2022 rd 31-03-2021 rd
udn vkSj udn rqY; ds ?kVd ¼ys[kkijhf{kr½ ¼ys[kkijhf{kr½
Components of Cash & Cash Equivalents As at 31.03.2022 As at 31.03.2021
(Audited) (Audited)
vkjchvkbZ ds ikl udn vkSj 'ks"k jkf'k
Cash & Balance with RBI 56636,11,66 43958,82,83
Balances with Banks and Money at Call and Short Notice 76010,65,64 67390,87,62
dqy Total 132646,77,30 111349,70,45
355
Mh ds tSu
D K Jain
Chief General Manager (Finance) and CFO
vrqy dqekj xks;y

Atul Kumar Goel
Managing Director and CEO
funs'kd funs'kd
funs'kd Director Director
Director
d`rs ,l ,u /kou ,aM daiuh ,y,yih d`rs ,l vkj xks;y ,aM daiuh d`rs ih,l,eth ,aM ,lksfl,V~l
For S N Dhawan & Co. LLP For S R Goyal & Co. For PSMG & Associates
FRN: 000050N/N500045 FRN: 001537C FRN:008567C
(M.No. 084993) (M.No. 074789) (M.No. 077281)

FRN: 115649W FRN: 304138E
Hkkxhnkj Hkkxhnkj
Partner Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
(M.No. 071765) (M.No. 217012)
fnukad % 11 ebZ] 2022

Date : May 11, 2022
LFkku% ubZ fnYyh
Place: New Delhi
356
ys[kkijh{kdksa dk Lora=k izfrosnu INDEPENDENT AUDITORS’ REPORT
iatkc uS'kuy cSad ds lnL;ksa ds fy, To the Members of Punjab National Bank
,dy foÙkh; foojf.k;ksa dh ys[kk&ijh{kk ij fjiksVZ Report on Audit of the Standalone Financial Statements
vfHker Opinion
1- geus layXu iatkc uS'kuy cSad ,dy foÙkh; fooj.kksa dh 1. We have audited the accompanying Standalone Financial
ys[kkijh{kk dh gS] ftlesa 31 ekpZ] 2022 rd dk rqyu i=k vkSj Statements of the Punjab National Bank (“the Bank) which
ykHk vkSj gkfu ys[kk rFkk lekIr o"kZ ds fy, udnh izokg fooj.k comprise the Balance Sheet as at 31 March, 2022, and the
Profit and Loss Account and the Cash Flow Statement for
vkSj egRoiw.kZ ys[kkadu uhfr;ksa vkSj vU; fooj.kkRed tkudkjh
the year then ended and Notes to Standalone Financial
ds lkjka'k lfgr ,dy foÙkh; fooj.kksa ds uksV~l 'kkfey gSa] ftlesa Statements including a Summary of Significant Accounting
lekIr o"kZ dh bl frfFk ds fy, gekjs }kjk ys[kkijhf{kr iz/kku Policies and Other Explanatory Information, in which are
dk;kZy;] vapy dk;kZy;ksa] vkSj included returns for year ended on that date of the Central
Office, Zonal Offices, and
i) 20 'kk[kkvksa] Vªstjh izHkkx] ØsfMV dkMZ izHkkx vkSj 41 vU;
i) 20 branches, treasury division, credit card division
dk;kZy;ksa and 41 other offices audited by us
ii) lkafof/kd 'kk[kk ys[kk ijh{kdksa }kjk ys[kk ijhf{kr 4270
ii) 4270 branches and other offices audited by statutory
'kk[kkvksa vkSj vU; dk;kZy;ksa branch auditors
iii) LFkkuh; ys[kk ijh{kdksa }kjk ys[kk ijhf{kr 2 fons'kh
iii) 2 foreign branches audited by local auditors.
'kk[kkvksa dk fjVuZ 'kkfey gSA
Hkkjrh; fjt+oZ cSad }kjk cSad dks tkjh fn'kk&funsZ'kksa ds vuqlkj]
gekjs }kjk rFkk vU; ys[kkijh{kdksa }kjk ys[kkijhf{kr 'kk[kkvksa The branches audited by us and those audited by other
dk p;u cSad }kjk fd;k tkrk gSA cSysal 'khV esa ykHk vkSj gkfu auditors have been selected by the Bank in accordance
with the guidelines issued to the Bank by the Reserve Bank
ys[k vkSj udnh izokg fooj.k cSad dh 7088 'kk[kkvksa vkSj vU; of India. Also included in the Balance Sheet, the Profit
dk;kZy;ksa dh fooj.kh gSA tks ys[kk ijh{kk ds v/;/khu ugha fd, and Loss account and the Cash Flow Statement are the
x, gSa] Hkh 'kkfey gSA bu vys[kkijhf{kr 'kk[kkvksa esa 15-55 izfr'kr returns from 7088 branches and other offices of the bank
vfxze] 41-88 izfr'kr tek] 11-34 izfr'kr C;kt vk; vkSj 40-62 which have not been subjected to audit. These unaudited
izfr'kr C;kt O;; gksrk gSA branches account for 15.55 percent of advances, 41.88
percent of deposits, 11.34 percent of interest income and
40.62 percent of interest expenses.
2- gekjh jk; esa vkSj gekjh loksZÙke tkudkjh esa rFkk gesa fn, x,
2. In our opinion and to the best of our information and
Li"Vhdj.k ds vuqlkj] mijksä ,dy foÙkh; fooj.k cSad ds fy,
according to the explanations given to us, the aforesaid
visf{kr rjhds ls cSa¯dx fofu;eu vf/kfu;e] 1949 ¼*vf/kfu;e*½ Standalone Financial Statements give the information
}kjk vko';d tkudkjh iznku djrk gS vkSj vkerkSj ij Hkkjr esa required by the Banking Regulation Act, 1949 (the ‘Act’)
LohÑr ys[kkadu fl)karksa ds vuq:i gS vkSj% in the manner so required for Bank and are in conformity
,- fn, x, uksV~l ds lkFk ifBr rqyu i=k lHkh vko';d with accounting principles generally accepted in India and:
fooj.kksa lfgr ,d iw.kZ vkSj fu"i{k rqyu i=k gS] ftlesa a. the Balance Sheet, read with the notes thereon is a
vko';d fooj.k fn, x, gSa vkSj lgh izdkj ls cuk;k x;k full and fair Balance Sheet containing all the necessary
gS rkfd 31 ekpZ] 2022 dks cSad ds ekeyksa dh fLFkfr ds ckjs particulars, is properly drawn up so as to exhibit a true
esa lgh vkSj fu"i{k n`f"Vdks.k izn£'kr fd;k tk lds( and fair view of the state of affairs of the Bank as at 31
March, 2022;
ch- bl uksV ds lkFk ifBr ykHk vkSj gkfu ys[kk lgh ykHk 'ks"k
n'kkZrk gS( rFkk b. the Profit and Loss Account, read with the notes
thereon shows a true balance of profit and
lh- ml frfFk dks lekIr o"kZ ds fy, udn izokg fooj.k udn
izokg dk lgh vkSj fu"i{k n`f"Vdks.k iznku djrk gSA c. the Cash Flow Statement gives a true and fair view of
the cash flows for the year ended on that date.
vfHker dk vk/kkj
Basis for Opinion
3- geus bafLVV~¸kwV vkWQ pkVZM ,dkmaVsUV~l vkWQ bafM;k
¼vkbZlh,vkbZ½ }kjk ys[kk ijh{kk ij tkjh ekudksa ¼,l ,½ ds 3. We conducted our audit in accordance with the Standards on
vuqlkj ys[kkijh{kk dh gSA mu ekudksa ds rgr gekjh ft+Eesnkfj;ksa Auditing (SAs) issued by the Institute of Chartered Accountants
357
dks vkxs gekjh fjiksVZ ds ,dy foÙkh; fooj.kksa dh ys[kk ijh{kk ds of India (ICAI). Our responsibilities under those Standards
fy, ys[kk ijh{kd dh ftEesnkfj;k¡ [kaM esa o£.kr dh xbZ gSA Hkkjr are further described in the Auditor’s Responsibilities for
esa ,dy foÙkh; fooj.kksa dh gekjh ys[kk ijh{kk ds fy, izklafxd the Audit of the Standalone Financial Statements’ section of
our report. We are independent of the Bank in accordance
uSfrd vko';drkvksa ds lkFk bafLVV~¸kwV vkWQ+ pkVZMZ ,dkmaVsaV~l with the code of ethics issued by the Institute of Chartered
vkWQ+ bafM;k }kjk tkjh vkpkj lafgrk ds vuqlkj ge cSad ls Lora=k Accountants of India together with ethical requirements
gSa] vkSj geus bu vko';drkvksa vkSj vkpkj lafgrk ds vuqlkj that are relevant to our audit of the Standalone Financial
viuh vU; uSfrd ftEesnkfj;ksa dks iwjk fd;k gSA gesa fo'okl gS fd Statements in India, and we have fulfilled our other ethical
geus tks ys[kk ijh{kk lk{; izkIr fd, gSa] os gekjs vfHker ds fy, responsibilities in accordance with these requirements and
vk/kkj iznku djus gsrq i;kZIr vkSj mi;qä gSaA the code of ethics. We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a basis
for our opinion.
izeq[k ys[kk ijh{kk ekeys
Key Audit Matters
4- izeq[k ys[kk ijh{kk ekeys os ekeys gSa] tks gekjs is'ksoj fu.kZ; esa]
pkyw vof/k ds ,dy foÙkh; fooj.kksa dh gekjh ys[kk ijh{kk esa lcls 4. Key audit matters are those matters that, in our professional
egRoiw.kZ FksA ;s ekeys ,dy foÙkh; fooj.k dh gekjh ys[kk ijh{kk judgment, were of most significance in our audit of the
Standalone Financial Statements of the current period.
ds lUnHkZ esa lexz :i ls ns[ks x, vkSj viuk er cukus esa] geus These matters were addressed in the context of our audit
bu ekeyksa ij vyx er ugha fn;k gSA geus viuh fjiksVZ esa o£.kr of the Standalone Financial Statements as a whole, and
fd, tkus gsrq egRoiw.kZ ys[kk ijh{kk ekeyksa ds :i esa fuEu o£.kr in forming our opinion thereon, and we do not provide a
ekeyksa dks fu/kkZfjr fd;k gSA separate opinion on these matters. We have determined
the matters described below to be the key audit matters to be
communicated in our report.
ys[kk&ijh{kk esa dSls gekjs
eq[; ys[kk&ijh{kk ekeys
ekeys dks n'kkZ;k x;k gS How our matter was addressed
Key Audit Matters
in the audit
vfxze & oxhZdj.k vkSj gekjh ys[kkijh{kk i)fr esa vkfLr;ksa
Advances – classification and Our audit approach included
izkoèkkuhdj.k ds oxhZdj.k vkSj blds izko/kkuhdj.k provisioning an understanding of the Bank’s
ds laca/k esa cSad ds lkW¶Vos;j] ifji=k] software, circulars, guidelines
¼ys[kk uhfr la[;k 5 ds lkFk (Refer Schedule 9 to the and directives of the Reserve
fn'kk&funsZ'k vkSj Hkkjrh; fjt+oZ cSad
ifBr ,dy foÙkh; fooj.kksa dh Standalone Financial Bank of India and the Bank’s
ds funs'k vkSj cSad ds vkarfjd funsZ'k Statements, read with the internal
vuqlwph 9 dk lanHkZ ysa]½ instructions and
vkSj izfØ;k;ksa dks lfEefyr fd;k Accounting Policy No.5) procedures in respect of the
vfxzeksa dks vtZd vkSj vutZd x;k vkSj fuEufyf[kr ys[kkijh{kk The advances are classified assets classification and its
vfxzeksa ¼,uih,½ ds :i esa izfØ;kvksa dks viuk;k x;kA as performing and non- provisioning and adopted the
oxhZÑr fd;k x;k gS vkSj performing advances (NPA) following audit procedures:
• vfxzeksa ls lacaf/kr vk;
Hkkjrh; fjtoZ cSad ¼vkjchvkbZ½ and provisioning thereon • Evaluated and understood the
fuèkkZj.k] vkfLr oxhZdj.k vkSj is made in accordance with Bank’s internal control system
}kjk fu/kkZfjr foosdiw.kZ ekunaMksa the prudential norms as
izkoèkkuhdj.k ds laca/k esa izklafxd in adhering to the Relevant
ds vuqlkj bu ij izkoèkkuhdj.k prescribed by the Reserve
vkjchvkbZ ds fn'kkfunsZ'kksa dk RBI guidelines regarding
fd;k x;k gSA cSad us dksj cSa¯dx Bank of India (RBI). The income recognition, asset
ikyu djus esa cSad dh vkarfjd Bank has implemented
lkWY;w'ku ¼lhch,l½ ds rgr classification and provisioning
fu;a=k.k iz.kkyh dk ewY;kadu complete system driven pertaining to advances.
,l,,llh,y ,Iyhds'ku recognition of advances
fd;k x;k vkSj leÖkk x;kA
esa vfxzeksa dh iwjh iz.kkyh and their classification in • Test checked the design and
lapkfyr fu/kkZj.k vkSj muds • fMtkbu vkSj dk;kZUo;u ds SASCL Application under implementation as well as
oxhZdj.k dks ykxw fd;k gSA lkFk&lkFk izklafxd vkarfjd Core Banking Solution (CBS). operational effectiveness of
The extent of provisioning relevant internal controls
foosdiw.kZ ekunaMksa ds rgr fu;a=k.kksa vkSj okLrfod ijh{k.k of NPA under the prudential and substantive testing,
,uih, ds izko/kkuhdj.k dh ds lapkyukRed izHkko'khyrk dk norms are mainly based on including involvement of
lhek eq[; :i ls bldh tk¡p ijh{k.k fd;k] ftlesa vfxzeksa its ageing and recoverability manual process in relation
vof/k vUr£ufgr izfrHkwfr dh ls lacaf/kr vk; fu/kkZj.k] vkfLr of the underlined security. to income recognition, asset
The same are also reviewed classification and provisioning
olwyh ;ksX;rk ij vk/kkfjr gSA oxhZdj.k vkSj izko/kku ds laca/k manually based on necessity. pertaining to advances
vko';drk ds vkèkkj ij bldh esa eSuqvy izfØ;k ds la;kstu dh
eSU;qvy :i ls leh{kk Hkh dh tkap Hkh 'kkfey gSA
tkrh gSA
358
ys[kk&ijh{kk esa dSls gekjs How our matter was addressed
eq[; ys[kk&ijh{kk ekeys Key Audit Matters
in the audit
ekeys dks n'kkZ;k x;k gS
In the event of any improper • Reviewed the Bank’s
foosdiw.kZ ekunaMksa ds fdlh Hkh • rdZ@MsVk dh lVhdrk dks ykxw application of the prudential monitoring mechanisms to
vuqfpr mi;ksx ;k izfrHkwfr ds djus@ dk;kZUo;u esa =kqfV;ksa norms or consideration of identify errors and omission
xyr ewY; fu/kkZj.k dh fLFkfr vkSj pwd vkSj bldh lq/kkjkRed the incorrect value of the in applying/ implementation
esa] D;ksafd izfrHkwfr ds ewY; dkjZokbZ dh igpku djus ds fy, security, as the valuation of of logic / data integrity and. its
the security involves high corrective action.
fuèkkZj.k esa mPp Lrj dk vuqeku cSad ds fuxjkuh ra=k dh leh{kk degree of estimation and
vkSj fu.kZ; 'kkfey gksrk gS] dhA judgement, the carrying • Reviewed the documentations,
vfxzeksa dk ogu ewY; O;fäxr ;k • fdlh Hkh vfxze [kkrs esa vfrns;] value of the advances could operations / performance and
lkewfgd :i ls oLrqr% xyr vlarks"ktud vkpj.k ;k detksjh be materially misstated monitoring of the advance
either individually or accounts, on as per RBI
rjhds ls izLrqr fd;k ldrk dk irk yxkus ds fy, cM+s vkSj collectively, and in view of the guidelines basis of the large and
gS] vkSj ,dy foÙkh; fooj.kksa nckoxzLr vfxzeksa ds tkap ijh{k.k significance of the amount of stressed advances, to ascertain
esa vfxzeksa dh jkf'k ds egRo dks ds vk/kkj ij vkjchvkbZ fn'kk advances in the Standalone any overdue, unsatisfactory
ns[krs gq, vfxzeksa dk oxhZdj.k & funsZ'kksa ds vuqlkj izys[kuksa] Financial Statements the conduct or weakness in any
classification of the advances advance account, examination
vkSj blds izko/kkuhdj.k dks ifjpkyu@izn'kZu vkSj vfxze and provisioning thereon has of classification as per
gekjh ys[kk&ijh{kk esa eq[; [kkrksa dh fuxjkuh dh leh{kk dh been considered as Key Audit prudential norms of the RBI,
ys[kk ijh{kk ekeyk ekuk x;k gSA xbZ] gekjs }kjk ys[kk&ijhf{kr Matter in our audit. in respect of the branches /
relevant divisions audited by
'kk[kkvksa @ lacaf/kr izHkkxksa us. In respect of the branches
ds laca/k esa vkjchvkbZ ds audited by the branch statutory
foosdiw.kZ ekunaMksa ds vuqlkj auditors, we have placed
oxhZdj.k dh tkap dh xbZA 'kk[kk reliance on their reports.
lkafof/kd ys[kk ijh{kdksa }kjk
ys[kk ijhf{kr 'kk[kkvksa ds laca/k
esa] geus mudh fjiksVks± ij Hkjkslk
fd;k gSA
• Reviewed the report of
• Þ,uih, oxhZdj.k lek/kku ds independent IT Expert on
fy, vk/kkjHkwr vko';drkvksaÞ review of SASCL Application
dh leh{kk lfgr lhch,l }kjk (Income Recognition and Asset
mi;ksx fd, x, ,l,,llh,y Classification solution) used
by CBS including the review of
,fIyds'ku ¼vk; fu/kkZj.k vkSj “Baseline Requirements for the
laifÙk oxhZdj.k lek/kku½ dh NPA classification Solution”.
leh{kk ij Lora=k vkbZVh fo'ks"kK
dh fjiksVZ dh leh{kk dhA
• tkap ijh{k.k ds vk/kkj ij fdlh • Reviewed on test check basis
the reports of the credit audit,
izfrdwy fo'ks"krkvksa @ fVIif.k;ksa inspection audit, risk based
okys vfxzeksa dk irk yxkus ds internal audit, concurrent
fy, _.k ys[kk&ijh{kk] fujh{k.k audit, regulatory audit to
ys[kk&ijh{kk] tksf[ke vkèkkfjr ascertain the advances
having any adverse features /
vkarfjd ys[kk&ijh{kk] leorhZ comments, and reviewed the
ys[kk&ijh{kk] fu;ked ys[kk& reports generated from the
ijh{kk dh fjiksVks± dh leh{kk dh Bank’s system.
gS vkSj cSad flLVe ls tkjh fjiksVZ
dh leh{kk dhA Our Results:
gekjk ifj.kke% The results of our audit process
ysunsu ds egRo dks ns[krs gq, were observed to be adequate
and satisfactory considering the
gekjh ys[kk ijh{kk izfØ;k ds materiality of the transactions.
ifj.kke mfpr vkSj larks"ktud ik,
x,A
359
in the audit
Investments – valuation,
fuos'k & ewY;kadu] vkSj and identification and
xSj&fu"ikfnr fuos'k ds fy, provisioning for Non-
igpku ,oa izko/kku Performing Investments
¼ys[kk uhfr la[;k 4 ds lkFk (Refer Schedule 8 to the
ifBr foÙkh; fooj.kksa dh Hkkjrh; fjtoZ cSad ds ifji=kksa@ Standalone Financial Our audit approach towards
funsZ'kksa ds lanHkZ lfgr fuos'k ds Statements, read with the Investments with reference to
vuqlwph 8 dk lanHkZ ysa]½ Accounting Policy No.4) the RBI circulars / directives
izfr gekjs ys[kk ijh{kk n`f"Vdks.k included the review and testing
cSad ds fuos'k iksVZQksfy;ks esa esa vkarfjd fu;a=k.k dh jpuk] Investment portfolio of of the design, implementation,
ljdkjh izfrHkwfr;ka] ckaM~l] dk;kZUo;u] ifjpkyu izHkko dk the bank comprises of operating effectiveness of
fMcsapj] 'ks;jksa] izfrHkwfr dh jlhn ijh{k.k ,oa leh{kk 'kkfey dh xbZ Investments in Government internal controls and audit
vkSj vU; LohÑr izfrHkwfr;ksa Securities, Bonds, procedures in relation to
gS vkSj xSj&fu"ikfnr fuos'kksa dh Debentures, Shares, Security valuation,
ds fuos'k 'kkfey gS] ftUgsa igpku] oxhZdj.k] ewY;kadu ls classification,
Receipts and other Approved identification of Non-Performing
ifjiDork rd èkkfjr] fcØh ds lacafèkr ys[kk ijh{kk izfØ;k,a] fuos'kksa Securities which are classified Investments,
fy, miyC/k vkSj O;kikj ds fy, provisioning
ls lacaf/kr izko/kku@voewY;u under three categories, Held / depreciation related to
/kkfjr bu rhu Jsf.k;ksa ds varxZr Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa to Maturity, Available for Sale Investments as per RBI
oxhZÑr fd;k x;k gSA ds vuqlkj gSA and Held for Trade. guidelines.
fuos'kksa dk ewY;kadu] xSj& Valuation of Investments,
fu"ikfnr fuos'kksa ¼,uihvkbZ½ dh 
geus bu fuos'kksa dk mfpr ewY; identification of Non-  We reviewed and evaluated
fu/kkZfjr djus ds fy, fofHkUUk performing Investments the process adopted for
igpku vkSj vk; dk vuqdwy (NPI) and the corresponding
xSj&fuèkkZj.k vkSj ml ij lzksrksa ls tkudkjh ,d=k djus collection of information
non-recognition of income from various sources for
izkoèkku] vkjchvkbZ ds lacaf/kr ds fy, viukbZ xbZ izfØ;k dh and provision thereon, is determining fair value of
ifji=kksa@fn'kkfunsZ'kksa@funsZ'kksa leh{kk vkSj ewY;kadu fd;k gSA carried out in accordance these investments.
ds vuqlkj fd;k tkrk gSA with the relevant circulars

fuos'k ds p;fur uewus ds fy, / guidelines / directions of
mijksä izfrHkwfr ds izR;sd Js.kh ¼çfrHkwfr dh izÑfr ds vk/kkj ij RBI. The valuation of each  For selected sample of
¼çdkj½ dk ewY;kadu vkjchvkbZ fuos'k dh lHkh Jsf.k;ksa dks doj category (type) of aforesaid investments (covering all
}kjk tkjh ifji=kksa vkSj funsZ'kksa esa djrs gq,½ geus vkjchvkbZ ekLVj security is to be carried out categories of investments
fu/kkZfjr i)fr ds vuqlkj fd;k ifji=kksa vkSj funsZ'kksa ds lkFk as per the methodology based on nature of security)
tkuk gS] ftlesa ,QchvkbZ,y prescribed in circulars and we tested accuracy and
'kq)rk vkSj vuqikyu dk ijh{k.k directives issued by the RBI compliance with the
njsa] ch,lbZ@,u,lbZ }kjk fd;k gSA which involves collection RBI Master circulars and
m)`r njsa] xSj&lwphc) daifu;ksa of data/ information from directions.
ds foÙkh; fooj.k] E;wpqvy QaM 
geus ,uihvkbZ dh igpku] vkSj various sources such as FBIL
ds ekeys esa ,u,oh ¼NAV½ vkSj vk; ds vuqdwy ifjorZu vkSj rates, rates quoted on BSE/
izfrHkwfr jlhnsa vkfn tSls fofHkUUk NSE, financial statements  We assessed and evaluated
izko/kku ds fuekZ.k dh izfØ;k dk of unlisted companies, NAV the process of identification
lzksrksa ls izkIr vkadM+s@lwpuk vkadyu vkSj ewY;kadu fd;kA of NPIs, and corresponding
dk laxzg 'kkfey gSAdqN fuos'k in case of mutual funds &
gekjk ifj.kke% security receipts etc. Certain reversal of income and
ewY;kadu i)fr;ksa ij vk/kkfjr investments are based on creation of provision.
gksrs gSa ftuesa var£ufgr /kkj.kkvksa ysunsu ds egRo dks ns[krs gq, the valuation methodologies Our Results:
lfgr lkaf[;dh; ekWMy] gekjh ys[kk ijh{kk izfØ;k ds that include statistical
foÙkh; fooj.kksa ij vkèkkfjr ifj.kke mfpr vkSj larks"ktud ik, models with inherent The results of our audit process
ewY;kadu ds fy, ewY; dk x,A assumptions, assessment were observed to be adequate
fu/kkZj.k vkfn 'kkfey gksrs of price for valuation based and satisfactory considering the
on financial statements etc. materiality.
gSaA blfy,] bu fuos'kksa ds Hence, the price discovered
ewY;kadu ds fy, fuèkkZfjr dh for the valuation of these
xbZ dher lgh |ksrd ugha gks Investments may not be
ldrh] ysfdu vkt rd ds the true representative
fuos'kksa dk ,d fu"i{k fu/kkZj.k but only a fair assessment
gks ldrk gSA blfy, fuos'k ds of the Investments as on
date. Hence the valuation of
ewY;kadu ij fo'ks"k /;ku nsus dh Investments requires special
vko';drk gS vkSj vkxs foÙkh; attention and further in view
fooj.kksa esa fuos'k dh jkf'k ds of the significance of the
egRo dks ns[krs gq,] mä dks amount of Investments in
gekjs ys[kkijh{kk esa eq[; ys[kk the financial statements the
same has been considered as
ijh{kk dk ekeyk ekuk x;k gSA Key Audit Matter in our audit.
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in the audit
Assessment of Information Our audit approach included: -
lwpuk izkS|ksfxdh ¼vkbZVh½ gekjs ys[kkijh{kk n`f"Vdks.k esa Technology (IT):
dk vkadyu% 'kkfey gSa% &
IT controls with respect to
vkbZVh vkbZvkj,lh rS;kj djus • fofHkUUk Jsf.k;ksa ds xzkgdksa ds fy, recording of transactions, • Understanding the coding
generating various reports system adopted by the Bank
lfgr vkjchvkbZ ds fn'kkfunsZ'kksa cSad }kjk viuk, x, dks¯Mx for various categories of
in compliance with RBI
ds vuqikyu esa dh xbZ fofHkUUk flLVe dks leÖkuk guidelines including IRAC, customers.
fjiksVks±] ysunsuksa dh fjdkW¯Mx ds preparing.
• cSad ds vkbZVh fu;a=k.kksa ds • Reviewed the design,
laca/k esa fu;a=k.k j[krk gSA implementation and operating
fMtkbu] dk;kZUo;u vkSj Other compliances to
regulators etc. is an important effectiveness of the Bank’s IT
fu;kedksa vkfn ds fy, vU; ifjpkyu izHkko'khyrk dh leh{kk controls including application,
vuqikyu izfØ;k dk ,d dh] ftlesa ,fIyds'ku] vfHkxe part of the process. Such
reporting is highly dependent access controls that are critical
egRoiw.kZ Hkkx gSA bl rjg dh fu;a=k.k 'kkfey gS] tks uewuk tk¡p on the effective working of to financial reporting on test
fjiks²Vx dksj cSa¯dx lkW¶Vos;j ds vk/kkj ij foÙkh; fjiks²Vx ds Core Banking Software and check basis.
vkSj vU; lac) iz.kkfy;ksa ds fy, egRoiw.kZ gSA other allied systems.
• Understanding the feeding
izHkkoh dk;Z ij fuHkZj gSA of the data in the system and
• flLVe esa MsVk dh Qh¯Mx dks going through the extraction
geus bls izeq[k ys[kkijh{kk leÖkuk vkSj cSad esa ekStwn vkbZVh We have considered this of the financial information
ekeys ds :i esa ekuk gS D;ksafd flLVe ls foÙkh; tkudkjh vkSj as key audit matter as any and statements from the IT
fu;a=k.k esa fdlh Hkh pwd] LVsVesaV dks fudkyukA control lapses, validation system existing in the Bank.
failures, incorrect input data
lR;kiu foQyrk,a] xyr buiqV and wrong extraction of data • Checking of the user
MsVk vkSj MsVk ds xyr fu"d"kZ.k • cSad ds fofu;eksa@uhfr esa fdlh Hkh may result in wrong reporting requirements for any changes
ds ifj.kkeLo:i izcaèku vkSj cnyko ds fy, mi;ksxdrkZ dh of data to the management in the regulations/ policy of
fofu;kedksa dks MsVk dh xyr vko';drkvksa dh tk¡p djukA and regulators. the Bank.
fjiks²Vx gks ldrh gSA • flLVe }kjk uewuk vk/kkj ij • Reviewed the reports
tujsV fjiksVks± dh leh{kk djukA generated by the system on
sample basis.
• Þ,uih, oxhZdj.k lek/kku ds • Reviewed the report of
fy, vk/kkjHkwr vko';drkvksaÞ independent IT Expert on
dh leh{kk lfgr lhch,l }kjk review of SASCL Application
mi;ksx fd, x, ,l,,llh,y (Income Recognition and Asset
Classification solution) used
,fIyds'ku ¼vk; fu/kkZj.k vkSj by CBS including the review
laifÙk oxhZdj.k lek/kku½ dh of “Baseline Requirements
leh{kk ij Lora=k vkbZVh fo'ks"kK for the NPA classification
dh fjiksVZ dh leh{kk djukA Solution”
gekjk ifj.kke
Our Result
fujarj izxfr gks jgh gS] fQj Hkh
flLVe dks flLVe ls buiqV@ There is continuous progress,
still the system needs to
vkmViqV MsVk esa vk jgh dfe;ksa dks be strengthened for its efficacy
fu;af=kr djus gsrq bldh {kerk dks to control deficiencies of input/
l'kä cukus dh vko';drk gSA output data from the system.
eqdnesckth vkSj vkdfLed gekjs ys[kkijh{kk n`f"Vdks.k Litigation & Contingent Our audit approach included: -
ns;rk,¡ esa 'kkfey Fks%& Liabilities
izR;{k vkSj vizR;{k dj lfgr • dj eqdneksa vkSj vkdfLed

ns;rkvksa dh orZeku fLFkfr dks Assessment of Contingent • Going through the current
dqN eqdneksa ds laca/k esa liabilities in respect of status of the tax litigations
vkdfLed ns;rkvksa dk ewY;kadu tkuukA certain litigations including and contingent liabilities;
rFkk cSad ij vU; ik£V;ksa }kjk Direct and Indirect Taxes and
• fofHkUUk dj izkf/kdj.kksa@U;kf;d various other claims filed by • Examining the orders and/
nk;j fofHkUUk nkoksa dks _.k ds or communication received
eapksa ls izkIr vkns'kksa vkSj@;k other parties upon the Bank
:i esa Lohdkj ugha fd;k x;k gSA from various Tax Authorities/
lapkj dh tkap djuk vkSj ml not acknowledged as debts.
Judicial forums and follow up
ij vuqorhZ dkjZokbZ djuk action thereon;
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ekeys dks n'kkZ;k x;k gS in the audit
The Bank’s assessment is • Evaluating the merits of
cSad ewY;kadu] ekeys ds rF;] • izLrqr fd, x, vk/kkjksa ds lanHkZ esa
supported by the facts of the subject matter under
muds Lo;a ds fu.kZ;] iwoZ fopkjk/khu fo"k; ds xq.knks"k vkSj matter, their own judgment, consideration with reference
vuqHko vkSj dkuwuh vkSj Lora=k mlesa miyC/k Lora=k dkuwuh@ past experience, and advice to the grounds presented
dj lykgdkjksa dh lykg] dj lykg dk ewY;kadu( rFkk from legal and independent therein and available
tgk¡ Hkh vko';d ekuk tkrk tax consultants wherever independent legal / tax
gS] }kjk le£Fkr gSA rnuqlkj] considered necessary. advice; and
vizR;kf'kr izfrdwy ifj.kke • tgka Hkh vko';d gks] dkuwuh Accordingly, unexpected
vkSj dj lykgdkjksa dh jk; dk adverse outcomes may • Wherever required, reliance is
cSad ds fjiksVZ fd, x, ykHk vkSj placed on the opinion of legal
lgkjk fy;k tkrk gSA significantly impact the
rqyu i=k dks egRoiw.kZ :i ls Bank’s reported profit and and tax consultants.
izHkkfor dj ldrs gSaA the Balance Sheet.
geus mi;qZä {ks=k dks eqdneksa ds We determined the above
ifj.kke ls lacaf/kr vfuf'Pkrrk area as a Key Audit Matter
ds eísutj ,d izeq[k ys[kkijh{kk in view of associated
ekeys ds :i esa fu/kkZfjr fd;k gS] uncertainty relating to the
ftls dkuwu dh O;k[;k esa fu.kZ; outcome of litigations which
requires application of
dh iz;ksT;rk dh vko';drk judgment in interpretation
gksrh gSA rnuqlkj] gekjh of law. Accordingly, our audit
ys[kkijh{kk rF;ksa dk fo'ys"k.k was focused on analysing
djus vkSj fu.kZ;@dkuwu dh the facts of subject matter
O;k[;k ds varxZr lacaf/kr fo"k; under consideration and
ds fo'ys"k.k ij dsafær dh xbZ judgments/ interpretation of
FkhA law involved.
egRoiw.kZ ekeys Emphasis of Matter

5- ge fuEufyf[kr dh vksj /;ku vkd£"kr djrs gSa% 5. We draw attention to following:
,- vof/k ds fy, v£tr lhek rd izksjkVk vk/kkj ij lk[k i=k a. Note No. 15 (a) of Schedule 18 to the Standalone
vkSj cSad xkjaVh ij deh'ku dh jktLo ekU;rk dh uhfr esa Financial Statements regarding change in policy of
ifjorZu ds laca/k esa ,dy foÙkh; fooj.kksa dh vuqlwph 18 revenue recognition of commission on Letter of Credit
dh uksV la[;k 15 ¼,½ and Bank Guarantee on prorata basis to the extent
accrued for the period.
ch- ikfjokfjd isa'ku esa la'kks/ku ds dkj.k 3]093-95 djksM+ b. Note No. 15 (e) (ii) of Schedule 18 to the Standalone
#i;s dh vfrfjä ns;rk ds ifj'kks/ku ds laca/k esa] ,dy Financial Statements, regarding amortization of
foÙkh; fooj.kksa dh vuqlwph 18 dh uksV la[;k 15 ¼bZ½ additional liability on account of revision in family
¼ii½A cSad us 31 ekpZ 2022 dks lekIr gksus okys o"kZ ds fy, pension amounting to Rs. 3,093.95 crores. The Bank
ykHk&gkfu [kkrs esa 1573-79 djksM+ #i;s dh jkf'k Hkkfjr has charged an amount of Rs. 1573.79 crores to the
Profit and Loss Account for the year ending 31 March
dh xbZ gS vkSj 'ks"k 1520-16 djksM+ #i;s ds vla'kksf/kr O;; 2022 and the balance unamortized expense of Rs.
dks vkxs c<+k;k x;k gSA 1520.16 crores has been carried forward.
lh- ,dy foÙkh; fooj.kksa dh vuqlwph 18 dh uksV la[;k 30] c. Note No. 30 of the Schedule 18 to to the Standalone
tks uksosy dksjksuk ok;jl ¼dksfoM 19½ ds izdksi ds dkj.k Financial Statements, which describes the
vfuf'Pkrrkvksa vkSj cSad ds O;olk; ifjpkyu ij blds uncertainties due to outbreak of novel corona virus
izHkko ds izca/ku ds vkdyu dk o.kZu djrh gSA (COVID 19) and the management’s assessment of its
impact on the business operations of the Bank.
bu ekeyksa ds laca/k esa gekjh jk; la'kksf/kr ugha gSA Our opinion is not modified in respect of these matters.
,dy foÙkh; fooj.k vkSj ys[kk ijh{kd dh fjiksVZ ds Information Other than the Standalone Financial
vykok vU; tkudkjh Statements and Auditor’s Report thereon
6- vU; tkudkjh ds fy, cSd
a dk funs'kd eaMy mÙkjnk;h gSA vU; 6. The Bank’s Board of Directors is responsible for the
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tkudkjh esa funs'kdksa dh fjiksVZ vuqyXud lfgr dkWiksjZ Vs xousl ± other information. The other information comprises
fjiksVZ vkSj vU; fjiksVZ ¼ysfdu blesa foÙkh; fooj.k vkSj ml ij the Directors’ Report, including annexures, Corporate
Governance Report and other reports (but does not include
gekjs ys[kkijh{kd dh fjiksVZ 'kkfey ugha gS½ 'kkfey gSAa ,dy
the financial statements and our auditor’s report thereon).
foÙkh; fooj.kksa ij gekjh jk; esa vU; tkudkjh 'kkfey ugha gS vkSj ge Our opinion on the Standalone Financial Statements does
ml ij fdlh Hkh izdkj ds vk'oklu fu"d"kZ dks O;ä ugha djrs gSa vkSj not cover the other information and we do not and will not
u gh djsxa As express any form of assurance conclusion thereon.
,dy foÙkh; fooj.kksa dh gekjh ys[kkijh{kk ds laca/k esa] gekjh In connection with our audit of the Standalone Financial
ftEesnkjh vU; lwpukvksa dks i<+us dh gS vkSj ,slk djrs le;] ;g Statements, our responsibility is to read the other
ns[kuk fd D;k vU; tkudkjh ,dy foÙkh; fooj.kksa ;k vkWfMV esa information and, in doing so, consider whether the other
izkIr gekjh tkudkjh ds lkFk HkkSfrd :i ls vlaxr gS ;k vU;Fkk information is materially inconsistent with the Standalone
Financial Statements or our knowledge obtained in the
HkkSfrd :i ls xyr izrhr gksrh gSA audit or otherwise appears to be materially misstated.
;fn] gekjs }kjk fd, x, dk;Zfu"iknu ds vk/kkj ij] ge ;g fu"d"kZ If, based on the work we have performed, we conclude that
fudkyrs gSa fd bl vU; tkudkjh ds rF; xyr gSa] rks gesa ml rF; there is a material misstatement of this other information,
dh fjiksVZ djuk vko';d gSA bl lac/a k esa gekjs ikl fjiksVZ djus ds we are required to report that fact. We have nothing to
fy, dqN Hkh ugha gSA report in this regard.
,dy foÙkh; fooj.kksa ds fy, izca/ku rFkk 'kklu izHkkfj;ksa Responsibilities of Management and Those Charged with
ds mÙkjnkf;Ro Governance for the Standalone Financial Statements
7- cSad dk funs'kd eaMy bu ,dy foÙkh; fooj.kksa dks rS;kj djus 7. The Bank’s Board of Directors is responsible with respect to
ds laca/k esa mÙkjnk;h gS tks vkbZlh,vkbZ }kjk tkjh ys[kk ekudksa the preparation of these Standalone Financial Statements
vkSj le;≤ ij Hkkjrh; fjtoZ cSad ¼*vkjchvkbZ*½ }kjk tkjh that give a true and fair view of the financial position,
financial performance and cash flows of the Bank in
ifji=kksa rFkk fn'kkfunsZ'kksa vkSj cSa¯dx fofu;eu vf/kfu;e] 1949 accordance with the accounting principles generally
dh /kkjk 29 ds izko/kkuksa lfgr vkerkSj ij Hkkjr esa Lohdkj fd, accepted in India, including the applicable Accounting
x, ys[kkadu fl)karksa ds vuqlkj cSad ds foÙkh; izn'kZu] foÙkh; Standards issued by ICAI, and provisions of Section 29
dk;Zfu"iknu vkSj udnh izokg dk lgh vkSj fu"i{k n`f"Vdks.k of the Banking Regulation Act, 1949 and circulars and
n'kkZrsa gSaA bl ftEesnkjh esa vf/kfu;e ds izko/kkuksa ds vuqlkj cSad guidelines issued by the Reserve Bank of India (‘RBI’) from
dh laifÙk dh lqj{kk vkSj /kks[kk/kM+h vkSj vU; vfu;ferrkvksa dks time to time. This responsibility also includes maintenance
of adequate accounting records in accordance with the
jksdus vkSj irk yxkus ds fy,( mfpr ys[kkadu uhfr;ksa dk p;u provisions of the Act for safeguarding of the assets of the
vkSj vuqiz;ksx( fu.kZ; vkSj vuqeku yxkuk tks mfpr vkSj foosdiw.kZ Bank and for preventing and detecting frauds and other
gksa( vkSj i;kZIr vkarfjd foÙkh; fu;a=k.kksa dk fMtkbu] dk;kZUo;u irregularities; selection and application of appropriate
vkSj j[kj[kko] tks fd ys[kkadu fjdkWMZ dh lVhdrk vkSj iw.kZrk accounting policies; making judgments and estimates that
lqfuf'Pkr djus ds fy, izHkkoh <ax ls dke dj jgs Fks] tks ,dy are reasonable and prudent; and design, implementation
foÙkh; fooj.kksa dks rS;kj djus vkSj izLrqfr ds fy, izklafxd gS tks and maintenance of adequate internal financial controls,
that were operating effectively for ensuring the accuracy
,d lgh vkSj fu"i{k n`f"Vdks.k nsrs gSa vkSj /kks[kk/kM+h ;k =kqfV ds
and completeness of the accounting records, relevant
dkj.k gq, HkkSfrd v'kq) fooj.k ls eqä gSa i;kZIr ys[kkadu fjdkWMZ to the preparation and presentation of the financial
dk j[kj[kko Hkh 'kkfey gSA statements that give a true and fair view and are free from
material misstatement, whether due to fraud or error.
,dy foÙkh; fooj.k rS;kj djus esa] izca/ku izpfyr eqíksa ds :i
esa cSad ds dkjksckj tkjh j[kus dh {kerk dk vkdyu djus In preparing the Standalone Financial Statements,
izdVhdj.k];Fkk ykxw] izpfyr eqíksa ls lacaf/kr ekeys vkSj ys[kkadu management is responsible for assessing the Bank’s ability
to continue as a going concern, disclosing, as applicable,
dk izpfyr:i dk mi;ksx djrs gq, tc rd izca/ku ;k rks cSad dks
matters related to going concern and using the going
ifjlekiu djus ;k lapkyu dks can djus dk bjknk j[krk gS] concern basis of accounting unless management either
;k ,slk djus vykok vU; dksbZ okLrfod fodYi ugha gS] ds fy, intends to liquidate the Bank or to cease operations, or has
mÙkjnk;h gSA no realistic alternative but to do so.
foÙkh; fooj.kksa dh ys[kkijh{kk ds fy, ys[kkijh{kd ds Auditor’s Responsibilities for the Audit of the Standalone
mÙkjnkf;Ro Financial Statements
8- gekjk mís'; bl laca/k esa mfpr vk'oklu izkIr djuk gS fd D;k 8. Our objectives are to obtain reasonable assurance about
laiw.kZ :i ls ,dy foÙkh; fooj.k HkkSfrd nqO;Zogkj ls eqä gSa] whether the Standalone Financial Statements as a whole
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pkgs os /kks[kk/kM+h ;k =kqfV ds dkj.k gks] vkSj ,d ys[kkijh{kk fjiksVZ are free from material misstatement, whether due to fraud
tkjh djus ds fy, gks ftlesa gekjh lEefr Hkh 'kkfey gSA mfpr or error, and to issue an auditor’s report that includes
vk'oklu mPp Lrj dk vk'oklu gS] ysfdu ;g xkjaVh ugha gS fd our opinion. Reasonable assurance is a high level of
assurance, but is not a guarantee that an audit conducted
,l, ¼SAs½ }kjk dh xbZ ys[kkijh{kk lnSo ekStwn gksus ij fdlh in accordance with SAs will always detect a material
lkexzh ds xyr gksus dk irk yxk,xkA xyr fooj.k /kks[kk/kM+h misstatement when it exists. Misstatements can arise from
;k =kqfV ls mRiUUk gks ldrk gS vkSj egRoiw.kZ ekuk tk,xk ;fn] fraud or error and are considered material if, individually
O;fäxr ;k lexz :i ls] os bu ,dy foÙkh; fooj.kksa ds vk/kkj or in the aggregate, they could reasonably be expected
ij mi;ksxdrkZvksa ds vk£Fkd fu.kZ;ksa dks izHkkfor djus ds fy, to influence the economic decisions of users taken on the
;Fkksfpr vis{kk dh tk ldrh gSA basis of these Standalone Financial Statements.
,l, ¼SAs½ ds vuqlkj ,d ys[kkijh{kk ds [kaM ds :i esa] ge As part of an audit in accordance with SAs, we exercise
professional judgment and maintain professional
O;olk;h fu.kZ; ysrs gSa vkSj iwjs ys[kkijh{k.k esa O;olk;h lansgokn
skepticism throughout the audit. We also:
dks cuk, j[krs gSaA lkFk gh ge%
• Identify and assess the risks of material misstatement
• ,dy foÙkh; fooj.kksa ds egRoiw.kZ xyr fooj.kksa ds tksf[ke
of the Standalone Financial Statements, whether due
igpkusa vkSj mudk vkdyu djds] D;k os /kks[kkèkM+h ;k to fraud or error, design and perform audit procedures
=kqfV ds dkj.k gS] bu tksf[keksa ds fy, mÙkjnk;h ys[kkijh{kk responsive to those risks, and obtain audit evidence
izfØ;kvksa dks fMt+kbu djuk vkSj dkjZokbZ djuk] rFkk that is sufficient and appropriate to provide a basis
ys[kkijh{kk izek.k izkIr djuk tks gekjs fopkj dks vk/kkj for our opinion. The risk of not detecting a material
iznku djus ds fy, i;kZIr vkSj mfpr gksaA /kks[kk/kM+h ds misstatement resulting from fraud is higher than for
ifj.kkeLo:i egRoiw.kZ xyr fooj.kh dk irk u yxus dk one resulting from error, as fraud may involve collusion,
tksf[ke =kqfV ds ifj.kkeLo:i gksus okys tksf[ke ls vf/kd forgery, intentional omissions, misrepresentations, or
the override of internal control.
gS] D;ksafd /kks[kk/kM+h esa feyhHkxr] tkylkth] tkucwÖkdj
pwd] xyrc;kuh] ;k vkarfjd fu;a=k.k dh vfHkHkkfork
'kkfey gks ldrh gSA
• ys[kk ijh{kk izfØ;kvksa dh :ijs[kk rS;kj djus ds fy, • Obtain an understanding of internal control relevant
tks bu ifjfLFkfr;ksa esa mi;qä gksa] ys[kk ijh{kk ls lacafèkr to the audit in order to design audit procedures that
vkarfjd fu;a=k.k dh leÖk izkIr djukA vkjchvkbZ ds are appropriate in the circumstances. In terms of RBI
Directions, we are also responsible for expressing our
funsZ'kkuqlkj] ge ,d vyx fjiksVZ ds ek/;e ls viuh jk;
opinion through a separate report on whether the
O;ä djus ds fy, Hkh mÙkjnk;h gSa fd D;k cSad ds ikl Bank has adequate internal financial controls with
,dy foÙkh; ifj.kkeksa ds lanHkZ esa i;kZIr vkarfjd foÙkh; reference to the Standalone Financial Results in place
fu;a=k.k gS vkSj ,sls fu;a=k.kksa ds izHkko'kkyh ifjpkyu gSaA and the operating effectiveness of such controls.
• mi;ksx dh xbZ ys[kkadu uhfr;ksa dh mi;qärk rFkk izca/ku • Evaluate the appropriateness of accounting policies
}kjk fd, x, ys[kkadu vuqekuksa ,oa lacaf/kr izdVhdj.k used and the reasonableness of accounting estimates
dh rdZ'khyrk dk ewY;kadu djukA and related disclosures made by management.
• ys[kkadu ds dk;Z'khy laLFkk ds vk/kkj ij mi;ksx djus • Conclude on the appropriateness of management’s
ds izca/ku dh mi;qärk ij fu"d"kZ rFkk] izkIr ys[kkijh{kk use of the going concern basis of accounting and,
lk{;ksa ds vk/kkj ij] D;k dksbZ ,slh ?kVuk ;k ifjfLFkfr;ksa based on the audit evidence obtained, whether
ls lacaf/kr egRoiw.kZ vfuf'Pkrrk ekStwn gS tks dk;Z'khy a material uncertainty exists related to events or
laLFkk ds :i esa tkjh jgus dh cSad dh {kerk ij conditions that may cast significant doubt on the
Bank’s ability to continue as a going concern. If we
egRoiw.kZ lansg dk;e dj ldrh gSA ;fn ge ;g fu"d"kZ
conclude that a material uncertainty exists, we are
fudkyrs gSa fd dksbZ HkkSfrd vfuf'Pkrrk ekStwn gS] rks required to draw attention in our auditor’s report to
gesa viuh ys[kk ijh{kd dh fjiksVZ esa ,dy foÙkh; fooj. the related disclosures in the Standalone Financial
kksa esa lacaf/kr [kqyklksa ij /;ku vkd£"kr djuk gksxk ;k Statements or, if such disclosures are inadequate, to
;fn bl rjg ds [kqykls gekjh jk; dks la'kksf/kr djus esa modify our opinion. Our conclusions are based on
vi;kZIr gSaA gekjs fu"d"kZ ys[kk ijh{kd dh gekjh fjiksVZ the audit evidence obtained up to the date of our
dh rkjh[k rd izkIr ys[kkijh{kk lk{; ij vk/kkfjr gSaA auditor’s report. However, future events or conditions
gkykafd] Hkfo"; esa gksus okyh ?kVuk,a ;k fLFkfr;ka cSad dks may cause the bank to cease to continue as a going
concern.
,d dk;Z'khy laLFkk ds :i esa tkjh jgus ls jksd ldrh gSaA
364
• izdVhdj.k lfgr ,dy foÙkh; fooj.kksa dh lexz izLrqfr] • Evaluate the overall presentation, structure and
lajpuk ,oa lkexzh dk ewY;kadu djuk] vkSj D;k foÙkh; content of the Standalone Financial Statements,
including the disclosures, and whether the financial
fooj.k var£ufgr ysunsuksa rFkk ?kVukvksa dks bl rjg ls
statements represent the underlying transactions and
n'kkZrs gSa tks fu"i{k izLrqfr izkIr djrs gSaA events in a manner that achieves fair presentation.
HkkSfrdrk ,dy foÙkh; fooj.kksa esa xyr rF;ksa dk ifjek.k gS] tks Materiality is the magnitude of the misstatements in
O;fäxr ;k lkewfgd :i ls] ;g laHko cukrk gS fd foÙkh; fooj.kksa the standalone financial statements that, individually or
ds mfpr tkudkj mi;ksxdrkZ ds vk£Fkd fu.kZ; izHkkfor gks ldrs aggregate, makes it probable that the economic decisions
gSaA ge ¼i½ gekjs ys[kkijh{kk dk;Z ds nk;js dh ;kstuk cukuk vkSj of a reasonably knowledgeable user of the financial
gekjs dk;Z ds ifj.kkeksa dk ewY;kadu djuk vkSj ¼ii½ foÙkh; fooj.kksa statements may be influenced. We consider quantitative
materiality and qualitative factors in (i) planning of the
esa fdlh Hkh igpkus x, xyr fooj.k ds izHkko dk ewY;kadu djus
scope of our audit work and evaluating the results of
ds fy, ek=kkRed HkkSfrdrk vkSj xq.kkRed dkjdksa ij fopkj djrs our work; and (ii) to evaluate the effect of any identified
gSaA misstatement in the financial statements.
ge 'kklu izHkkfj;ksa ds lkFk vU; ekeyksa lfgr] ys[kkijh{kk ds We communicate with those charged with governance
;kstukc) foLrkj rFkk le;lhek vkSj egRoiw.kZ ys[kkijh{kk regarding, among other matters, the planned scope and
fu"d"kks±] ftlesa vkarfjd fu;a=k.k esa fdlh Hkh egRoiw.kZ dfe;ksa dks timing of the audit and significant audit findings, including
'kkfey fd;k x;k gks ds laca/k esa ppkZ djrs gSa] tks gekjs ys[kkijh{kk any significant deficiencies in internal control that we
ds nkSjku igpkuh xbZ gksaA identify during our audit.
We also provide those charged with governance with
ge mu 'kklu izHkkfj;ksa dks Hkh ,d fooj.k iznku djrs gSa fd geus a statement that we have complied with relevant
Lora=krk ds laca/k esa izklafxd uSfrd vko';drkvksa dk ikyu ethical requirements regarding independence, and to
fd;k gS] vkSj mu lHkh laca/kksa rFkk vU; ekeyksa ds ckjs esa muds communicate with them all relationships and other
lkFk laokn djrs gSa tks gekjh Lora=krk vkSj lacaf/kr lqj{kk mik; matters that may reasonably be thought to bear on our
tgka Hkh ykxw gks] ij izHkko Mkyus ds fy, mfpr ekus tk ldrs gSa A independence, and where applicable, related safeguards.
'kklu izHkkfj;ksa ds lkFk laizsf"kr ekeyksa ls] ge mu ekeyksa dks From the matters communicated with those charged with
fuèkkZfjr djrs gSa tks pkyw vof/k ds foÙkh; fooj.kksa dh ys[kk ijh{kk governance, we determine those matters that were of
most significance in the audit of the financial statements
esa lcls vfèkd egRo j[krs Fks vkSj blfy, os izeq[k ys[kkijh{kk
of the current period and are therefore the key audit
ekeys gSaA ge viuh ys[kkijh{kk fjiksVZ esa bu ekeyksa dk o.kZu matters. We describe these matters in our auditor’s report
djrs gSa tc rd fd dkuwu ;k fofu;eu bl ekeys ds laca/k esa unless law or regulation precludes public disclosure about
dksbZ lkoZtfud izdVhdj.k ls ugha jksdrs gSa ;k vR;ar nqyZHk the matter or when, in extremely rare circumstances, we
ifjfLFkfr;ksa esa] ge ;g ikrs gSa fd gekjh fjiksVZ esa bl ekeys determine that a matter should not be communicated in
dks lwfpr ugha fd;k tkuk pkfg, D;ksafd ,slk djus ds izfrdwy our report because the adverse consequences of doing
ifj.kke lkoZtfud fgr ds ykHk ij Hkkjh iM+ ldrs gSaA so would reasonably be expected to outweigh the public
interest benefits of such communication.
vU; ekeys
Other Matters
9- geus cSad ds ,dy foÙkh; fooj.k esa 'kkfey 4270 'kk[kkvksa rFkk 9. We did not audit the financial statements/information of
vU; dk;kZy;ksa ,oa 2 fons'kh 'kk[kkvksa ds foÙkh; fooj.kksa@lwpukvksa 4270 branches and other offices and 2 foreign branches
dh ys[kkijh{kk ugha dh gS] ftuds foÙkh; fooj.k@foÙkh; lwpuk included in the Standalone Financial Statements of the
31 ekpZ 2022 dks #- 724077 djksM+ dh dqy vkfLr;ka vkSj ml Bank whose financial statements/financial information
reflect total assets of Rs. 724077 Crore as at 31 March
frfFk dks lekIr o"kZ ds fy, #- 20]487-60 djksM+ dk dqy jktLo
2022 and total revenue of Rs. 20,487.60 Crores for the
n'kkZrs gSa] tSlk fd ,dy foÙkh; fooj.kksa esa fopkj fd;k x;k year ended on that date, as considered in the Standalone
x;k gSA bu 'kk[kkvksa vkSj vU; dk;kZy;ksa vkSj fons'kh 'kk[kkvksa Financial Statements. These branches and other offices
esa 31 ekpZ] 2022 rd 35-05% vfxze] tek jkf'k dk 54-32%] and foreign branches cover 35.05% advances, 54.32 % of
38-02% xSj&fu"ikfnr vkfLr vkSj 31 ekpZ] 2022 dks lekIr deposits 38.02% of non-performing assets as at 31 March
o"kZ ds fy, 23-50% jktLo 'kkfey gSA bu 'kk[kkvksa ds foÙkh; 2022 and 23.50% of revenue for the year ended 31 March
fooj.kksa@lwpukvksa dh ys[kk&ijh{kk 'kk[kk ds ys[kk ijh{kdksa }kjk dh 2022. The financial statements / information of these
branches has been audited by the branch auditors whose
xbZ gS] ftudh fjiksVZ gesa izLrqr dh xbZ gS] vkSj gekjs fopkj ls tgk¡ reports have been furnished to us, and in our opinion in so
rd ;g 'kk[kkvksa ds laca/k esa 'kkfey jkf'k;ksa vkSj izdVuksa ls far as it relates to the amounts and disclosures included in
lacafèkr gS] ;g iwjh rjg 'kk[kk ds ys[kk ijh{kdksa ds izfrosnu ij respect of branches, is based solely on the report of such
vk/kkfjr gSA branch auditors.
365
bu ekeyksa ds laca/k esa gekjh jk; la'kksf/kr ugha gSA Our opinion is not modified in respect of these matter.
fof/kd vkSj fu;ked vko';drkvksa ij fjiksVZ Report on Other Legal and Regulatory Requirements
10- cSa¯dx fofu;eu vf/kfu;e] 1949 dh /kkjk 29 ds vuqlkj rqyu i=k 10. The Balance Sheet and the Profit and Loss Account have
,oa ykHk vkSj gkfu [kkrs rS;kj fd, gSa( been drawn up in accordance with Section 29 of the
Banking Regulation Act, 1949;
11- mä 7 ls 9 ifjPNsn esa bafxr ys[kkijh{kk dh lhekvksa ds v/khu 11. Subject to the limitations of the audit indicated in
paragraphs 7 and 9 above and as required by the Banking
vkSj cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e]
Companies (Acquisition and Transfer of Undertakings) Act,
1970@1980 dh vko';drkuqlkj vkSj blds varxZr vko';d 1970/1980, and subject also to the limitations of disclosure
izdVhdj.k dh lhekvksa ds v/khu] ge fjiksVZ djrs gSa fd% required therein, we report that:
,- geus lHkh tkudkjh vkSj Li"Vhdj.k izkIr fd, gSa] tks a. We have obtained all the information and explanations
gekjh loksZÙke tkudkjh vkSj fo'okl ds vuqlkj] gekjh which, to the best of our knowledge and belief, were
ys[kkijh{kk ds mís';ksa ds fy, vko';d Fks vkSj mUgsa necessary for the purposes of our audit and have
larks"ktud ik;k gS( found them to be satisfactory;
ch- cSad ds ysu&nsu] tks gekjs laKku esa vk, gSa] cSad dh 'kfä;ksa b. The transactions of the Bank, which have come to our
ds varxZr gq,( vkSj notice, have been within the powers of the Bank; and
lh- cSad ds dk;kZy;ksa vkSj 'kk[kkvksa ls izkIr fooj.kksa dks gekjh c. The returns received from the offices and branches of
ys[kkijh{kk ds mís';ksa ds fy, i;kZIr ik;k x;k gSA the Bank have been found adequate for the purposes
of our audit.
12- vkjchvkbZ }kjk 19-05-2020 dks tkjh mÙkjorhZ i=k ds lkFk ifBr 12. As required by letter No. DOS.ARG.No. 6270/08.91.001/
^^lkoZtfud {ks=k ds cSadksa esa lkafof/kd dsaæh; ys[kk ijh{kdksa 2019-20 dated 17 March 2020 on “Appointment of
Statutory Central Auditors (SCAs) in Public Sector Banks –
¼,llh,½ dh fu;qfä& foÙkh; o"kZ 2019&20 ls lkafof/kd Reporting obligations for SCAs from FY 2019-20”, read with
ys[kk&ijh{kdksa ds fy, fjiks²Vx nkf;Roksa** ij tkjh i=k la[;k subsequent communication dated 19 May 2020 issued
Mhvks,l-,vkjth- la- 6270@08-91-001@2019& 20 fnukad 17 by the RBI, we further report on the matters specified in
ekpZ] 2020] ds }kjk vko';drkuqlkj] ge mijksä i=k ds ifjPNsn paragraph 2 of the aforesaid letter as under:
2 esa fu£n"V ekeyksa ij fuEukuqlkj vkxs fjiksVZ djrs gSa%
,- gekjh jk; esa] mijksä LVSaMvyksu foÙkh; fooj.k] a. In our opinion, the aforesaid Standalone Financial
vkbZlh,vkbZ }kjk tkjh ykxw ys[kk ekudksa dk ml lhek Statements comply with the applicable Accounting
rd vuqikyu djrs gSa] ftl lhek rd os Hkkjrh; fjt+oZ Standards issued by ICAI, to the extent they are not
cSad }kjk fu/kkZfjr ys[kkadu uhfr;ksa ds lkFk vlaxr ugha inconsistent with the accounting policies prescribed
by the RBI.
gksrsA
ch- foÙkh; ysunsuksa ;k ekeyksa ij ,slk dksbZ fopkj ;k b. There are no observations or comments on financial
transactions or matters which have any adverse effect
fVIi.kh ugha gS ftldk cSad ds dkedkt ij dksbZ izfrdwy
on the functioning of the Bank.
izHkko iM+rk gksA
c. As the Bank is not registered under the Companies
lh- pwafd cSad daiuh vf/kfu;e] 2013 ds rgr iathÑr ugha gS]
Act, 2013 the disqualification from being a director of
blfy, daiuh vf/kfu;e] 2013 dh /kkjk 164 dh mi&/kkjk the bank under sub-section (2) of section 164 of the
¼2½ ds rgr cSad ds funs'kd gksus dh v;ksX;rk cSad ij ykxw Companies Act, 2013 do not apply to the Bank.
ugha gksrh gSA
d. There are no qualifications, reservations or adverse
Mh- ys[kksa ds j[kj[kko vkSj cSad ds mlls tqM+s vU; ekeyksa ls remarks relating to the maintenance of accounts and
lacaf/kr dksbZ 'krZ] jksd ;k izfrdwy fVIi.kh ugha dh xbZ gSA other matters connected therewith.
bZ- foÙkh; fjiks²Vx ij cSad ds vkarfjd foÙkh; fu;a=k.k dh e. Our audit report on the adequacy and operating
i;kZIrrk vkSj ifjpkyu izHkko'khyrk ij gekjh ys[kkijh{kk effectiveness of the Bank’s internal financial controls
fjiksVZ bl fjiksVZ ds vuqca/k ¼,½ esa nh xbZ gSA gekjh over financial reporting is given in Annexure A to this
fjiksVZ] 31 ekpZ 2022 dks foÙkh; fjiks²Vx ij cSad ds report. Our report expresses an unmodified opinion
vkarfjd foÙkh; fu;a=k.k ij ,d vla'kksf/kr jk; O;ä on the Bank’s internal financial controls over financial
djrh gSA reporting as at 31 March 2022.
366
13- ge vkxs fjiksVZ djrs gSa fd% 13. We further report that:
,- gekjh jk; esa] cSad us fof/k }kjk visf{kr [kkrk&cfg;ka a. in our opinion, proper books of account as required
;Fkksfpr :i ls j[kh gSa] tSlkfd ;g gekjh mu cfg;ksa dh by law have been kept by the Bank so far as it appears
from our examination of those books and proper
tkap ls izdV gksrk gS vkSj gekjs }kjk nkSjk ugha dh xbZ
returns adequate for the purposes of our audit have
'kk[kkvksa ls gekjh ys[kkijh{kk ds mís';ksa ds fy, i;kZIr been received from branches not visited by us;
mfpr foojf.k;k¡ izkIr dh xbZ gSa(
b. the Balance Sheet, the Profit and Loss Account and
ch- bl fjiksVZ }kjk ns[ks x, rqyu i=k] ykHk ,oa gkfu ys[kksa vkSj the Statement of Cash Flows dealt with by this report
udnh izokg dh foojf.k;k¡] ys[kk cgh ds lkFk vkSj gekjs are in agreement with the books of account and with
}kjk nkSjk ugha dh xbZ 'kk[kkvksa ls izkIr foojf.k;ksa ds lkFk the returns received from the branches not visited by
esy [kkrh gSa( us;
lh- cSa¯dx fofu;eu vf/kfu;e] 1949 dh /kkjk 29 ds varxZr c. the reports on the accounts of the branch offices
cSad ds 'kk[kk ys[kk&ijh{kdksa }kjk ys[kk ijhf{kr 'kk[kk audited by branch auditors of the Bank under section
dk;kZy;ksa ds [kkrksa dh fjiksVZ gesa Hkst nh xbZ gSa vkSj bl 29 of the Banking Regulation Act, 1949 have been
fjiksVZ dks rS;kj djus esa gekjs }kjk i;kZIr /;ku j[kk x;k sent to us and have been properly dealt with by us in
preparing this report; and
gS( vkSj
d. In our opinion, the Balance Sheet, the Profit and Loss
Mh- gekjh jk; esa] rqyu i=k] ykHk ,oa gkfu ys[kk vkSj udnh
Account and the Statement of Cash Flows comply with
izokg dk fooj.k ykxw ys[kkadu ekudksa dk ml lhek rd the applicable accounting standards, to the extent
vuqikyu djrk gS tc rd fd os vkjchvkbZ }kjk fu/kkZfjr they are not inconsistent with the accounting policies
ys[kkadu uhfr;ksa ds lkFk vlaxr ugha gksrsA prescribed by RBI.
Ñrs ,l ,u /kou ,aM daiuh ,y,yih Ñrs ,l vkj xks;y ,aM daiuh Ñrs ih ,l ,e th ,aM ,lksfl,V~l
,Qvkj,u 000050,u@,u500045 ,Qvkj,u 001537lh ,Qvkj,u 008567lh
FRN 000050N/N500045 FRN: 001537C FRN: 008567C
lunh ys[kkdkj lq¯jnj dqekj [kV~Vj lunh ys[kkdkj izoh.k xks;y lunh ys[kkdkj lanhi tSu
(M. No. 084993) (M. No. 074789) (M. No. 077281)
;wMhvkbZ,u% 22084993,vkbZ;wD;wthvkj2071 ;wMhvkbZ,u% 22074789,vkbZ;wds,e,Dl6027 ;wMhvkbZ,u% 22077281,vkbZ;wdsbZ,u8449
UDIN: 22084993AIUQGR2071 UDIN: 22074789AIUKMX6027 UDIN: 22077281AIUKEN8449
Ñrs ,l lh ckiuk ,aM ,lksfl,V~l Ñrs Mh ds NktM+ ,aM daiuh

,Qvkj,u 115649MCyw ,Qvkj,u 304138bZ
FRN 115649W FRN 304138E
Hkkxhnkj Hkkxhnkj
Partner Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
¼M. No. 071765) ¼M. No. 217012½
;wMhvkbZ,u% 22071765,vkbZ;w,llhVh6938 ;wMhvkbZ,u% 22217012,vkbZ;w,yoh,Dl2887
UDIN: 22071765AIUSCT6938 UDIN: 22217012AIULVX2887
LFkku % ubZ fnYyh

Place: New Delhi
fnukad% 11 ebZ] 2022

Date: 11 May 2022
367
Lora=k ys[kk ijh{kd dh fjiksVZ gsrq vuqyXud Þ,Þ ANNEXURE “A” TO THE INDEPENDENT AUDITOR’S
REPORT
¼gekjh ml frfFk dh fjiksVZ ds vuqHkkx *vU; dkuwuh vkSj (Referred to in paragraph 12 (e) under ‘Report on Other Legal
fu;ked vko';drkvksa ij fjiksVZ* ds rgr iSjkxzkQ 12 ¼bZ½ esa and Regulatory Requirements’ section of our report of even
lan£Hkr½ date)
Hkkjrh; fjt+oZ cSad ¼ÞvkjchvkbZÞ½ i=k Mhvks,l-,vkjth Report on the Internal Financial Controls over Financial
la- 6270@08-91-001@2019&20 fnukad 17 ekpZ 2020 Reporting as required by the Reserve Bank of India (the “RBI”)
¼;Fkkla'kksfèkr½ ¼ÞvkjchvkbZ lapkjÞ½ }kjk visf{kr foÙkh; Letter DOS.ARG. No.6270/08.91.001/2019-20 dated 17 March
fjiks²Vx ij vkarfjd foÙkh; fu;a=k.k ij fjiksVZA 2020 (as amended) (the “RBI communication”)
geus ml frfFk dks lekIr o"kZ ds fy, cSad ds ,dy foÙkh; We have audited the internal financial controls over financial
fooj.kksa dh gekjh ys[kkijh{kk ds lkFk 31 ekpZ] 2022 rd dh iatkc reporting of Punjab National Bank (“the Bank”) as of 31 March
uS'kuy cSad ¼ÞcSadÞ½ dh foÙkh; fjiks²Vx ij vkarfjd foÙkh; fu;a=k.kksa 2022 in conjunction with our audit of the standalone financial
dks ys[kkijhf{kr fd;k gS] ftlesa cSad dh 'kk[kkvksa dh foÙkh; fjiks²Vx statements of the Bank for the year ended on that date which
ij vkarfjd foÙkh; fu;a=k.k lfEefyr gSA includes internal financial controls over financial reporting of
the Bank’s branches.
vkarfjd foÙkh; fu;a=k.k ds fy, cSad izca/ku dk mÙkjnkf;Ro Management’s Responsibility for Internal Financial Controls
cSad izca/ku Hkkjrh; lunh ys[kkdkj laLFkku }kjk tkjh foÙkh; fjiks²Vx The Bank’s management is responsible for establishing and
ij vkarfjd foÙkh; fu;a=k.kksa dh ys[kkijh{kk ij ekxZn'kZu uksV esa maintaining internal financial controls based on the internal
control over financial reporting criteria established by the Bank
crk, x, vkarfjd fu;a=k.k ds vko';d ?kVdksa ij fopkj djrs gq,
considering the essential components of internal control stated
cSad }kjk LFkkfir foÙkh; fjiks²Vx ekunaMksa ij vkarfjd fu;a=k.k ds
in the Guidance Note on Audit of Internal Financial Controls
vk/kkj ij vkarfjd foÙkh; fu;a=k.k LFkkfir djus vkSj cuk, j[kus over Financial Reporting issued by the Institute of Chartered
dk mÙkjnkf;Ro gSA bu mÙkjnkf;Roksa esa i;kZIr vkarfjd foÙkh; Accountants of India. These responsibilities include the design,
fu;a=k.kksa dh jpuk] fØ;kUo;u vkSj j[kj[kko] tks cSad dh uhfr;ksa implementation and maintenance of adequate internal financial
ds ikyu lfgr vius O;olk; ds O;ofLFkr vkSj dq'ky lapkyu controls that were operating effectively for ensuring the orderly
dks lqfuf'Pkr djus ds fy, izHkkoh <ax ls dke dj jgs Fks vkSj viuh and efficient conduct of its business, including adherence to the
ifjlaifÙk;ksa dh lqj{kk] /kks[kkèkM+h vkSj =kqfV;ksa dh jksdFkke vkSj irk Bank’s policies, the safeguarding of its assets, the prevention and
yxkuk] ys[kk fjdkWMZ dh lVhdrk vkSj iw.kZrk vkSj cSa¯dx fofu;eu detection of frauds and errors, the accuracy and completeness
of the accounting records, and the timely preparation of reliable
vf/kfu;e] 1949 vkSj Hkkjrh; fjt+oZ cSad }kjk tkjh ifji=kksa vkSj
financial information, as required under the Banking Regulation
fn'kkfunsZ'kksa ds rgr ;Fkksisf{kr fo'oluh; foÙkh; tkudkjh dh le; Act, 1949 and the circulars and guidelines issued by the Reserve
ij rS;kjh fufgr gSA Bank of India.
ys[kk ijh{kd ds mÙkjnkf;Ro Auditor’s Responsibility
gekjk mÙkjnkf;Ro gekjh ys[kkijh{kk ds vk/kkj ij foÙkh; fjiks²Vx Our responsibility is to express an opinion on the Bank’s internal
ij cSad ds vkarfjd foÙkh; fu;a=k.k ij ,d er O;ä djuk gSA geus financial controls over financial reporting based on our audit.
vkarfjd foÙkh; fu;a=k.kksa dh ys[kkijh{kk ds fy, ykxw lhek rd We conducted our audit in accordance with the Guidance Note
Hkkjrh; lunh ys[kkdkj laLFkku ¼ÞvkbZlh,vkbZÞ½ }kjk tkjh foÙkh; on Audit of Internal Financial Controls Over Financial Reporting
fjiks²Vx ¼ÞekxZn'kZu uksVÞ½ ij vkarfjd foÙkh; fu;a=k.kksa dh ys[kkijh{kk (the “Guidance Note”) issued by the Institute of Chartered
ij ekxZn'kZu uksV vkSj vkbZlh,vkbZ }kjk tkjh fd, x, ys[kkijh{kd Accountants of India (the “ICAI”) and the Standards on Auditing
(SAs) issued by the ICAI, to the extent applicable to an audit of
¼,l,,l½ ij ekudksa ds vuqlkj viuh ys[kkijh{kk dh gSA mu ekudksa
internal financial controls. Those Standards and the Guidance
vkSj ekxZn'kZu uksV ds fy, vko';d gS fd ge uSfrd vko';drkvksa
Note require that we comply with ethical requirements and plan
dk vuqikyu djsa vkSj bl ckjs esa mfpr vk'oklu izkIr djus ds fy,
and perform the audit to obtain reasonable assurance about
;kstuk cuk,a vkSj ys[kk ijh{kk djsa fd D;k foÙkh; fjiks²Vx ij i;kZIr
whether adequate internal financial controls over financial
vkarfjd foÙkh; fu;a=k.k LFkkfir vkSj cuk, j[ks x, Fks vkSj D;k ,sls reporting were established and maintained and if such controls
fu;a=k.k lHkh HkkSfrd ekeyksa esa izHkkoh <ax ls ifjpkfyr gksrs gSaA operated effectively in all material respects.
368
gekjh ys[kkijh{kk esa foÙkh; fjiks²Vx ij vkarfjd foÙkh; fu;a=k.k dh Our audit involves performing procedures to obtain audit
evidence about the adequacy of the internal financial controls
i;kZIrrk vkSj mudh ifjpkyu izHkko'khyrk ds ckjs esa ys[kkijh{kk
over financial reporting and their operating effectiveness. Our
lk{; izkIr djus ds fy, dk;Zfu"iknu izfØ;k,a 'kkfey gSaA foÙkh;
audit of internal financial controls over financial reporting
fjiks²Vx ij vkarfjd foÙkh; fu;a=k.kksa dh gekjh ys[kkijh{kk esa foÙkh; included obtaining an understanding of internal financial
fjiks²Vx ij vkarfjd foÙkh; fu;a=k.kksa dh leÖk izkIr djuk] tksf[ke dk controls over financial reporting, assessing the risk that a
vkdyu djuk fd ,d HkkSfrd detksjh ekStwn gS] vkSj ewY;kadu material weakness exists, and testing and evaluating the design
fd, x, tksf[ke ds vk/kkj ij vkarfjd fu;a=k.k ds fMtkbu vkSj and operating effectiveness of internal control based on the
ifjpkyu izHkko'khyrk dk ijh{k.k vkSj ewY;kadu djuk 'kkfey gSA pquh assessed risk. The procedures selected depend on the auditor’s
xbZ izfØ;k,a ys[kkijh{kd ds fu.kZ; ij fuHkZj djrh gSa] ftlesa foÙkh; judgement, including the assessment of the risks of material
fooj.kksa ds HkkSfrd pwd ds tksf[keksa dk vkdyu 'kkfey gS] pkgs og misstatement of the financial statements, whether due to fraud
or error.
èkks[kk/kM+h ;k =kqfV ds dkj.k gksA
We believe that the audit evidence we have obtained and the
ge ekurs gSa fd geus tks ys[kkijh{kk lk{; izkIr fd, gSa vkSj 'kk[kk
audit evidence obtained by the branchauditors, in terms of
ys[kkijh{kdksa }kjk izkIr vads{k.k lk{;] uhps fn, x, vU; ekeyksa ds their reports referred to in the Other Matters paragraph below,
iSjkxzkQ esa lan£Hkr mudh fjiksVZ ds vuqlkj] foÙkh; fjiks²Vx ij cSad ds is sufficient and appropriate to provide a basis for our audit
vkarfjd foÙkh; fu;a=k.kksa ij gekjh ys[kkijh{kk er ds fy, ,d vk/kkj opinion on the Bank’s internal financial controls over financial
iznku djus ds fy, i;kZIr vkSj mi;qä gSaA reporting.
foÙkh; fjiks²Vx ij vkarfjd foÙkh; fu;a=k.k dk vFkZ Meaning of Internal Financial Controls over Financial
Reporting
foÙkh; fjiks²Vx ij cSad dk vkarfjd foÙkh; fu;a=k.k ,d ,slh izfØ;k gS A Bank’s internal financial controls over financial reporting is
a process designed to provide reasonable assurance regarding
ftls lkekU; rkSj ij LohÑr ys[kk fl)karksa ds vuqlkj foÙkh; fjiks²Vx
the reliability of financial reporting and the preparation of
dh fo'oluh;rk vkSj cká mís';ksa ds fy, foÙkh; fooj.k rS;kj djus financial statements for external purposes in accordance with
ds laca/k esa mfpr vk'oklu iznku djus ds fy, fMt+kbu fd;k x;k gSA generally accepted accounting principles. A Bank’s internal
foÙkh; fjiks²Vx ij cSad ds vkarfjd foÙkh; fu;a=k.k esa os uhfr;ka vkSj financial controls over financial reporting includes those
izfØ;k,a 'kkfey gSa tks ¼1½ fjdkWMks± ds j[kj[kko ls lacaf/kr gSa] tks mfpr policies and procedures that (1) pertain to the maintenance of
fooj.k esa] cSad dh ifjlaifÙk;ksa ds ysunsu vkSj fuiVku dks lVhd vkSj records that, in reasonable detail, accurately and fairly reflect
fu"i{k :i ls n'kkZrh gSa( ¼2½ mfpr vk'oklu iznku djsa fd ysunsu dks the transactions and dispositions of the assets of the Bank; (2)
vke rkSj ij LohÑr ys[kk fl)karksa ds vuqlkj foÙkh; fooj.k rS;kj provide reasonable assurance that transactions are recorded
as necessary to permit preparation of financial statements in
djus dh vuqefr nsus ds fy, vko';drkuqlkj ntZ fd;k x;k gS] vkSj
accordance with generally accepted accounting principles, and
cSad dh izkfIr;ka vkSj O;; dsoy cSad ds izca/ku oxZ vkSj funs'kdksa ds
that receipts and expenditures of the Bank are being made only
izkfèkdj.kkuqlkj fd, tk jgs gSa( rFkk ¼3½ cSad dh laifÙk;ksa ds vuf/ in accordance with authorizations of management and directors
kÑr vfèkxzg.k] mi;ksx ;k fuiVku dh jksdFkke ;k le; ij irk yxkus of the Bank; and (3) provide reasonable assurance regarding
ds ckjs esa mfpr vk'oklu iznku djuk] ftldk foÙkh; fooj.kksa ij prevention or timely detection of unauthorized acquisition, use,
egRoiw.kZ izHkko gks ldrk gSA or disposition of the Bank’s assets that could have a material
effect on the financial statements.
foÙkh; fjiks²Vx ij vkarfjd foÙkh; fu;a=k.k dh var£ufgr Inherent Limitations of Internal Financial Controls over
lhek,a Financial Reporting
foÙkh; fjiks²Vx ij vkarfjd foÙkh; fu;a=k.kksa dh var£ufgr Because of the inherent limitations of internal financial controls
over financial reporting, including the possibility of collusion
lhekvksa ds dkj.k] ftlesa xBca/ku dh laHkkouk ;k fu;a=k.k ds vuqfpr
or improper management override of controls, material
izca/ku vfHkHkko 'kkfey gSa] =kqfV ;k /kks[kk/kM+h ds gks ldrs gSa vkSj ftldk
misstatements due to error or fraud may occur and not be
irk ugha yxk;k tk ldrk gSA blds vykok] Hkfo"; dh vof/k ds fy,
detected. Also, projections of any evaluation of the internal
foÙkh; fjiks²Vx ij vkarfjd foÙkh; fu;a=k.kksa ds fdlh Hkh ewY;kadu ds
financial controls over financial reporting to future periods
vuqeku bl tksf[ke ds v/khu gSa fd foÙkh; fjiks²Vx ij vkarfjd foÙkh; are subject to the risk that the internal financial controls over
fu;a=k.k 'krks± esa ifjorZu ds dkj.k vi;kZIr gks ldrk gS] ;k ;g fd financial reporting may become inadequate because of changes
369
uhfr;ksa ;k izfØ;kvksa ds vuqikyu esa fxjkoV ls fooj.k esa HkkSfrd pwd in conditions, or that the degree of compliance with the policies
gks ldrh gSA or procedures may deteriorate.
vfHker Opinion
gekjs erkuqlkj vkSj gekjh loksZÙke tkudkjh esa rFkk gesa fn, x, In our opinion, and to the best of our information and according
Li"Vhdj.kksa ds vuqlkj vkSj uhps fn, x, vU; ekeyksa ds iSjkxzkQ esa to the explanations given to us and based on the consideration
lan£Hkr 'kk[kk ys[kk ijh{kdksa dh fjiksVks± ij fopkj ds vk/kkj ij] cSad ds of the reports of the branch auditors referred to in the Other
Matters paragraph below, the Bank has, in all material respects,
ikl lHkh HkkSfrd ekeyksa foÙkh; fjiks²Vx ij vkarfjd foÙkh; fu;a=k.k
adequate internal financial controls over financial reporting
tks 31 ekpZ 2022 rd izHkkoh <ax ls dke dj jgs Fks] vkarfjd foÙkh;
that were operating effectively as at 31 March 2022, based on
fu;a=k.k dh ys[kkijh{kk ij ekxZn'kZu uksV esa crk, x, vkarfjd fu;a=k.k
the criteria for internal financial control over financial reporting
ds vko';d ?kVdksa ij fopkj djrs gq, cSad }kjk LFkkfir foÙkh;
established by the Bank considering the essential components
fjiks²Vx ij vkarfjd foÙkh; fu;a=k.k Hkkjrh; lunh ys[kkdkj laLFkku of internal control stated in the Guidance Note on Audit of
¼ÞvkbZlh,vkbZÞ½ }kjk tkjh ekunaMksa ds vk/kkj ij i;kZIr gSA Internal Financial Controls Over Financial Reporting issued by
the Institute of Chartered Accountants of India.
vU; ekeys Other Matters
gekjh iwoksZä fjiksVZ tgka rd 4271 'kk[kkvksa@dk;kZy;ksa dh foÙkh; Our aforesaid report insofar as it relates to the operating
effectiveness of internal financial controls over financial
fjiks²Vx ij vkarfjd foÙkh; fu;a=k.kksa dh ifjpkyu izHkko'khyrk ls
reporting of 4271 branches/offices is based on the corresponding
lacaf/kr gS] mu 'kk[kkvksa ds lacaf/kr 'kk[kk ys[kk ijh{kdksa dh lacaf/kr
reports of the respective branch auditors of those branches.
fjiksVks± ij vk/kkfjr gSA
bl ekeys esa gekjs er esa dksbZ ifjorZu ugha fd;k x;k gSA Our opinion is not modified in respect of this matter.
FRN 000050N/N500045 FRN: 001537C FRN: 008567C
Hkkxhnkj Partner Hkkxhnkj Partner Hkkxhnkj Partner
(M. No. 084993) (M. No. 074789) (M. No. 077281)
;wMhvkbZ,u% 22084993,vkbZ;wD;wthvkj2071 ;wMhvkbZ,u% 22074789,vkbZ;wds,e,Dl6027 ;wMhvkbZ,u% 22077281,vkbZ;wdsbZ,u8449
UDIN: 22084993AIUQGR2071 UDIN: 22074789AIUKMX6027 UDIN: 22077281AIUKEN8449

FRN 115649W FRN 304138E
Hkkxhnkj Partner Hkkxhnkj Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
¼M. No. 071765) ¼M. No. 217012½
;wMhvkbZ,u% 22071765,vkbZ;w,llhVh6938 ;wMhvkbZ,u% 22217012,vkbZ;w,yoh,Dl2887
UDIN: 22071765AIUSCT6938 UDIN: 22217012AIULVX2887
LFkku % ubZ fnYyh
Place: New Delhi
Date: 11 May 2022
370
lesfdr foÙkh; fooj.k
Consolidated Financial Statements
371
iatkc uS'kuy cSad&lesfdr cSysal 'khV 31 ekpZ] 2022
PUNJAB NATIONAL BANK-CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH, 2022
¼jkf'k djksM+ esa½ (Rs. in Crore)
Particulars Schedule As on 31.03.2022 As on 31.03.2021
iwath ,oa ns;rk,a
CAPITAL AND LIABILITIES
iwath
Capital 1 2202.20 2095.54
vkjf{kr fuf/k;ksa vkSj vf/k'ks"k
Reserves and Surplus 2 95379.72 90438.80
vYika'k fgr
Minority Interest 2A 473.47 486.79
tekjkf'k;ka
Deposits 3 1154234.46 1113716.86
m/kkj
Borrowings 4 59371.67 52298.14
vU; ns;rk,a vkSj izko/kku
Other Liabilities and Provisions 5 27639.61 20688.93
dqy / TOTAL 1339301.13 1279725.06
vkfLr;ka
ASSETS
Hkkjrh; fjtoZ cSad ds ikl udnh vkSj 'ks"k jkf'k
Cash and Balances with Reserve Bank of India 6 57027.84 44267.27
cSadksa ds ikl 'ks"k rFkk ekax ,oa vYi lwpuk ij ns; jkf'k
Balances with banks and money at call and short notice 7 77166.04 69067.16
fuos'k
Investments 8 388585.82 404368.96
vfxze
Advances 9 733765.83 679345.77
vpy vkfLr;ka
Fixed Assets 10 10696.21 11048.70
vU; vkfLr;ka
Other Assets 11 72059.39 71627.19
lesdu ij xqMfoy
Goodwill on Consolidation
dqy / TOTAL 1339301.13 1279725.06
vkdfLed ns;rk,a
Contingent Liabilities 12 606685.43 385387.96
olwyh ds fy, fcy

Bills for Collection 37786.05 40493.76
egRoiw.kZ ys[kkadu uhfr;ka ,oa ys[kksa ij fVIif.k;ka 18
Significant Accounting Policies and Notes on Accounts
1 ls 18 rd vuqlwfp;ka ys[kksa dk vfHkUUk vax gSA
The Schedules 1 to 18 form an integral part of the Accounts.

372
Mh ds tSu
D K Jain

vrqy dqekj xks;y

Atul Kumar Goel


FRN: 000050N/N500045 FRN: 001537C FRN:008567C
(M.No. 084993) (M.No. 074789) (M.No. 077281)

FRN: 115649W FRN: 304138E
Hkkxhnkj Hkkxhnkj
Partner Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
(M.No. 071765) (M.No. 217012)
fnukad % 11 ebZ] 2022

Date : May 11, 2022
LFkku% ubZ fnYyh
Place: New Delhi
373
iatkc uS'kuy cSad&lesfdr ykHk vkSj gkfu ys[kk 31 ekpZ] 2022 dks lekIr o"kZ ds fy,
PUNJAB NATIONAL BANK-CONSOLIDATED PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED
31st MARCH, 2022 ¼jkf'k djksM+ esa½ (Rs. in Crore)
31.03.2022 31.03.2021
I. vk;
I. INCOME
vftZr vk;
Interest earned 13 76241.83 81935.03
vU; vk;
Other income 14 12097.66 12234.91
dqy / TOTAL 88339.49 94169.94
II. O;;
II. EXPENDITURE
[kpZ fd;k x;k C;kt
Interest expended 15 46823.08 50804.58
ifjpkyu [kpZ
Operating expenses 16 20490.77 20515.77
izko/kku ,oa vkdfLedrk;sa
Provisions and contingencies 17349.68 20697.17
dqy / TOTAL 84663.53 92017.52
lgk;d laLFkkvksa esa vtZu dk va'k ¼fuoy½

Share of earnings in Associates (net) 17 231.63 542.16
vYika'k fgr dh dVkSrh ls igys o"kZ ds fy, lesfdr ykHk@¼gkfu½
Consolidated Profit/(Loss) for the year before deducting Minorities' Interest 3907.59 2694.59
?kVk,a % vYika'k fgr
Less : Minorities Interest 46.85 132.62
vofèk ds fy, lewg dk lzksrtU; lesfdr ykHk@¼gkfu½ 3860.74 2561.97
Consolidated Profit/(loss) for the period attributable to the group
tksM+s% lewg dk lzksrtU; vkxs yk;k x;k lesfdr ykHk@¼gkfu½
Add: Brought forward consolidated profit/(loss) attributable to the group 1738.11 1702.01
lek;kstu
Adjustments 40.39 -211.17
fofu;kstu ds fy, miyC/k ykHk
5639.24 4052.82
Profit available for Appropriation
374
31.03.2022 31.03.2021
III. fofu;kstu
III. APPROPRIATIONS
lkafof/kd vkjf{kr fuf/k dks varfjr
Transfer to statutory reserves 899.84 617.30
iwath vkjf{kr fuf/k dks varfjr
Transfer to capital reserves 700.93 1036.12
fuos'k vkjf{kr fuf/k dks varfjr
Transfer to investment reserves 15.83 0.00
fuos'k ?kV c<+ vkjf{kr fuf/k dks varfjr
Transfer to investment fluctuation reserves 854.85 480.09
vU; vkjf{kr fuf/k dks varfjr
Transfer to other reserves -175.45 0.00
vk;dj ds vuqlkj fo'ks"k vkjf{kr fuf/k dks varfjr
Transfer to special reserves as per income tax 100.00 0.69
izLrkfor ykHkka'k
Proposed Dividend 704.71 180.51
lesfdr rqyu i=k esa ys tk;k x;k tek 'ks"k
Balance carried over to consolidated balance sheet 2538.54 1738.11
5639.24 4052.82
izfr 'ks;j vtZu ¼#i;ksa esa½ ¼ewy@MkbZY;qVsM½
Earnings per Share (In Rs.) (Basic/ Diluted) 3.53 2.64
egRoiw.kZ ys[kkadu uhfr;k¡ rFkk ys[kk fVIif.k;k¡

Significant Accounting Policies and Notes on Accounts 18

Mh ds tSu
D K Jain

vrqy dqekj xks;y

Atul Kumar Goel
375

FRN: 000050N/N500045 FRN: 001537C FRN:008567C
(M.No. 084993) (M.No. 074789) (M.No. 077281)

FRN: 115649W FRN: 304138E
Hkkxhnkj Hkkxhnkj
Partner Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
(M.No. 071765) (M.No. 217012)

Date : May 11, 2022
LFkku% ubZ fnYyh
Place: New Delhi
376
lesfdr ys[kksa dh vuqlwph ¼iatkc uS'kuy cSad½
SCHEDULES TO THE CONSOLIDATED ACCOUNTS (PUNJAB NATIONAL BANK)
fooj.k 31-03-2022 dks 31-03-2021 dks
vuqlwph 1 &iw¡th
SCHEDULE 1 - CAPITAL
izkfèkd`r iwath
Authorised Capital
izR;sd ` 2 ds 1500]00]00]000 bfDoVh 'ks;j
1500,00,00,000 Equity shares of Rs. 2 each 3000.00 3000.00
¼fiNys o"kZ izR;sd ` 2 ds 1500]00]00]000 bfDoVh 'ks;j½
(Previous year 1500,00,00,000 Equity shares of Rs. 2 each)
tkjh iwath
Issued Capital
¼fiNys o"kZ 1047]76]82]225½ izR;sd ` 2 ds bfDoVh 'ks;j
(Previous Year 1047,76,82,225) Equity shares of Rs. 2 each)
iznr iwath
Paid up Capital
¼fiNys o"kZ izR;sd ` 2 ds 1047]76]82]225 bfDoVh 'ks;j½
(Previous Year 1047,76,82,225 Equity shares of Rs. 2 each)
[mijksDr esa izR;sd ` 2 ds 805]41]25]685 bfDoVh 'ks;j 'kkfey gSa ¼fiNys o"kZ izR;sd
2 ds 805]41]25]685 bfDoVh 'ks;j½ dsaæ ljdkj }kjk èkkfjr fd, x, gS]
[The above includes 805,41,25,685 equity shares of Rs. 2 each
(Previous Year 805,41,25,685 Equity shares of Rs. 2 each) held by
Central Government]
dqy TOTAL 2202.20 2095.54
vuqlwph 2 &vkjf{kr fufèk;ka vkSj vfèk'ks"k

SCHEDULE 2 - RESERVES AND SURPLUS
I. lkafof/kd vkjf{kr fuf/k;k¡
Statutory Reserves
izkjafHkd 'ks"k
Opening Balance 14627.22 9741.46
Addition during the year* 899.84 4421.03
tksM+s@¼?kVk,½ % o"kZ ds nkSjku lek;kstu
Add/(Less) : Adjustment during the year -1.62 15525.43 464.73 14627.22
II. iwathxr vkjf{kr fuf/k;k¡
Capital Reserves
II. ,- iquewZY;u vkjf{kr fuf/k;k¡

a. Revaluation Reserve
izkjafHkd 'ks"k
Deduction during the year 159.07 0.34
?kVk,a% vU; vkjf{kr fuf/k;ksa esa varfjr
Less: Transfer to other reserves 0.00 -58.01
377
fooj.k 31-03-2022 dks 31-03-2021 dks
¼laifRr ds iquewZY;u Hkkx ij ewY;gzkl ds dkj.k½

(being depreciation on revalued portion of property) 7048.62 7200.41
ch- vU;
b. Others
izkjafHkd 'ks"k
Addition during the year* 751.61 16629.36 12663.90 15877.75
¼ ` 9268-29 djksM+ dh lekesyu vkjf{kr fuf/k lfgr½
(including Amalgamation Reserve of Rs. 9268.29 Crores)
II. ,. lesdu ij vkjf{kr iwath ¼dqy½

II. A. Capital Reserve on consolidation (Net) 74.21 74.21
III. 'ks;j izhfe;e
Share Premium
izkjafHkd 'ks"k
tksM+s@¼?kVk,a½ % o"kZ ds nkSjku lek;kstu
Add/(Less) : Adjustment during the year - 46038.53 -28707.92 44352.14
IV. jktLo rFkk vU; vkjf{kr fuf/k;k¡
Revenue and Other Reserves
,- fuos'k vkjf{kr fuf/k;k¡

a. Investment Reserve
izkjafHkd 'ks"k
Addition during the year* 15.83 -
?kVk,a%lek;kstu
Less: Adjustment - -46.66
?kVk,a% ykHk o gkfu [kkrs esa varfjr
Less: Trf to P & L Account - 386.35 - 370.52
ch- fuos'k ?kV&c<+ vkjf{kr fuf/k

b. Investment Fluctuation Reserve
izkjafHkd 'ks"k
tksM+s% lek;kstu
Less: Adjustment - 56.86
tksM+s% o"kZ ds nkSjku o`f)*
Add: Addition during the year* 854.85 480.09
?kVk,a% ykHk o gkfu fofu;kstu [kkrs esa varfjr
Less: Transfer to P&L Appropriation A/c - 1440.32 - 585.47
378
fooj.k 31-03-2022 dks 31-03-2021 dks
lh- vU; vkjf{kr fuf/k

c. Other Reserve
izkjafHkd 'ks"k
Opening Balance 1,427.25 -1003.78
?kVk,a% iquewZY;u fuf/k dks varfjr
Less: Transfer to Revaluation Reserve 7.21 127.57
?kVk,a% o"kZ ds nkSjku fudklh
Less: Withdrawal during the year 1,028.95 1013.10
tksM+s@¼?kVk,a½% o"kZ ds nkSjku lek;kstu
Add/(Less): Adjustment during the year - 1321.59 -202.86 1427.25
Mh- fofue; ?kV&c<+ vkjf{kr fuf/k

d. Exchange Fluctuation Reserve
izkjafHkd 'ks"k
tksM+s% o"kZ ds nkSjku o`f) ¼fuoy½
Add: Addition during the year (Net) 95.34 0.69
Add/(Less) : Adjustment during the year -4.30 1008.10 -60.52 917.05
bZ- vk;dj vf/kfu;e] 1961 dh /kkjk 36 ¼1½ ¼viii½ ds rgr fo'ks"k

vkjf{kr fuf/k
e. Special Reserve under Sec.36 (1) (viii) of Income Tax Act,1961
izkjafHkd 'ks"k
Add/(Less) : Adjustment during the year - 3368.66 - 3268.66
V. ykHk o gkfu ys[ks esa 'ks"k jkf'k

Balance in Profit & Loss Account 2538.54 1738.11
dqy (I, II, III, IV rFkk V) 95379.72 90438.80

Total (I, II, III, IV and V)
*rqyukRed vof/k dh vkjf{kr fuf/k;ksa esa o`f)@dVkSrh esa lekesyu dh frfFk ij varfjr cSadksa dh 'ks"k jkf'k 'kkfey gSA
*Addition/deduction in Reserves of comparative period include balances of transfer banks at at date of amalgamation.
vuqlwph 2, &vYika'k fgr

Schedule 2A - Minority Interest
ml frfFk dks vYika'k fgr tc ewy lgk;d laLFkk dk laca/k vfLrRo

esa vk;k
Minority Interest at the date on which the parent subsidiary
relationship came into existence 149.25 149.25
ijorhZ o`f) @ deh

Subsequent increase/ decrease 324.21 337.54
rqyu i=k dh frfFk ij vYika'k fgr 473.47 486.79

Minority Interest at the date of balance sheet
379
fooj.k 31-03-2022 dks 31-03-2021 dks
vuqlwph 3 &tekjkf'k;ka
SCHEDULE 3 - DEPOSITS
,- I ekax tek jkf'k;k¡

A. I Demand Deposits
(i) cSadksa ls
From Banks 3455.67 2284.29
(ii) vU; ls
From Others 79659.08 83114.74 74215.17 76499.46
II cpr cSad tek jkf'k;k¡

Savings Bank Deposits 453036.86 418493.57
III eh;knh tek jkf'k;k¡
Term Deposits
(i) cSadksa ls
From Banks 31842.70 29269.08
(ii) vU; ls
From Others 586240.15 618082.85 589454.76 618723.84
dqy (I, II rFkk III) 1154234.46 1113716.86

ch- (i) Hkkjr esa fLFkr 'kk[kkvksa dh tek jkf'k

B. Deposits of branches In India 1124889.98 1083275.10
(ii) Hkkjr ls ckgj fLFkr 'kk[kkvksa dh tekjkf'k;ka
Deposits of branches outside India 29344.48 30441.77
dqy (i, ii) 1154234.46 1113716.86

TOTAL (i, ii)
vuqlwph 4 & m/kkj

SCHEDULE 4 - BORROWINGS
I. Hkkjr esa m/kkj

Borrowings in India
(i) Hkkjrh; fjtoZ cSad

Reserve Bank of India 0.00 0.00
(ii) vU; cSad
Other Banks 2704.49 5902.20
(ii) vU; laLFkku vkSj ,tsafl;ka
Other Institutions and Agencies 22090.53 15040.14
(iv) ckaM ¼fV;j - I] fV;j - II] xkS.k _.k lfgr½
Bonds (including Tier-I, Tier-II, Subordinated Debts) 24737.69 22283.66
(v) nh?kZdkfyd volajpuk ckaM
Long Term Infrastructure Bonds 2800.00 2800.00
II. Hkkjr ds ckgj m/kkj
Borrowings outside India 7038.97 6272.14
dqy (I vkSj II) 59371.67 52298.14

TOTAL (I and II)
mijksä I vkSj II esa 'kkfey izfrHkwfr m/kkj

Secured Borrowings included in I and II above 19038.01 4867.94
380
fooj.k 31-03-2022 dks 31-03-2021 dks
vuqlwph 5 & vU; ns;rk,a vkSj izko/kku

SCHEDULE 5 - OTHER LIABILITIES AND PROVISIONS
I. ns; fcy
Bills payable 3081.71 3220.19
II. varj&dk;kZy; lek;kstu ¼'kq)½

Inter-office adjustments (net) 584.48 436.06
III. mifpr C;kt

Interest accrued 2782.66 2733.90
IV. vU; ¼izko/kkuksa lfgr½

Others (including provisions) 21190.76 14298.79
I] II] III ,oa IV dk tksM+ 27639.61 20688.93

TOTAL OF I, II, III and IV
vuqlwph 6 & Hkkjrh; fjtoZ cSad ds ikl udnh vkSj 'ks"k jkf'k
SCHEDULE 6 - CASH AND BALANCES WITH RESERVE BANK OF INDIA
I. gkFk esa udnh ¼fons'kh eqæk uksVks lfgr½

Cash in hand
(including foreign currency notes) 3513.68 3497.86
II. Hkkjrh; fjtoZ cSad ds ikl 'ks"k jkf'k

Balance with Reserve Bank of India
in Current account 53514.16 40769.41
(ii) vU; [kkrksa esa
in Other Accounts 0.00 53514.16 0.00 40769.41
dqy ¼I ,oa II) 57027.84 44267.27

TOTAL (I and II)
vuqlwph 7& cSadksa ds ikl 'ks"k rFkk ekax vkSj vYi lwpuk ij ns; jkf'k
SCHEDULE 7- BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I. Hkkjr esa
In India
(i) cSadksa ds ikl 'ks"k jkf'k%

Balance with Banks:
(,) pkyw [kkrs esa

(a) In Current accounts 147.35 796.32
(ch) vU; tek [kkrksa esa
(b) In Other Deposit accounts 15799.70 15947.04 7090.76 7887.08
(ii) ekax vkSj vYi lwpuk ij ns; jkf'k%

Money at Call and Short Notice:
(,) cSadksa ds ikl

(a) with Banks 0.00 0.00
(ch) vU; laLFkkuksa ds ikl
(b) with Other Institutions 29129.48 29129.48 27500.00 27500.00
dqy ¼i ,oa ii) 45076.52 35387.08

TOTAL ( i and ii)
381
fooj.k 31-03-2022 dks 31-03-2021 dks
II. Hkkjr ls ckgj

Outside India

In Current accounts 10382.54 8814.82
(ii) vU; tek [kkrksa esa
In Other Deposit accounts 21706.97 24865.26
(iii) ekax vkSj vYi lwpuk ij ns; jkf'k
Money at call and short notice 0.00 0.00
dqy ¼i,ii ,oa iii)

TOTAL (i,ii and iii) 32089.52 33680.08
lexz tksM+ ¼I ,oa II)

77166.04 69067.16
vuqlwph 8 & fuos'k

SCHEDULE 8 - INVESTMENTS
I. Hkkjr esa fuos'k

Investments in India in
(i) ljdkjh izfrHkwfr;ka

Government securities 337053.29 353056.80
(ii) vU; vuqeksfnr izfrHkwfr;ka
Other approved securities 0.15 0.15
(iii) 'ks;j
Shares 3264.81 4109.74
(iv) _.k i=k vkSj ckWUM
Debentures and Bonds 35705.67 36505.62
(v) ,lksfl,V~l
Associates 3267.95 2990.77
(vi) vU;
Others 5568.98 4067.59
E;wpqvy QaM] osapj dSfiVy QaM] ,vkjlhvkbZ,y okf.kfT;d i=k] tek
izek.ki=k vkfnA
Mutual Funds, Venture Capital Funds, ARCIL Commercial Papers ,
Certificate of Deposits, etc.
I dk dqy
384860.85 400730.67
TOTAL of I
II. Hkkjr ls ckgj fuos'k
Investments outside India in
(i) ljdkjh izfrHkwfr;ka ¼LFkkuh; izkf/kdj.kksa lfgr½

Government Securities (including local authorities) 2020.78 1366.50
(ii) ,lksfl,V~l
Associates 301.82 285.53
(iii) vU; fuos'k
Other investments 1402.37 1986.26
II dk dqy
3724.97 3638.29
TOTAL of II
382
fooj.k 31-03-2022 dks 31-03-2021 dks
III. Hkkjr esa fuos'k

Investments in India

Gross value of Investments 391832.30 407580.57
(ii) ?kVk,a% ewY;gzkl ds fy, izko/kkuksa dk tksM+
Less: Aggregate of provisions for depreciation 6971.45 6849.90
(iii) 'kq) fuos'k
Net Investment 384860.85 400730.67
IV. Hkkjr ls ckgj fuos'k
Investments outside India

Gross value of Investments 4175.40 4016.85
(ii) ?kVk,a% ewY;gzkl ds fy, izko/kkuksa dk tksM+
Less: Aggregate of provisions for depreciation 450.43 378.56
(iii) 'kq) fuos'k
Net Investment 3724.97 3638.29
(I), (II) dk lexz tksM+

388585.82 404368.96
GRAND TOTAL of (I), (II)
vuqlwph 9 & vfxze

SCHEDULE 9 - ADVANCES
,- (i) [kjhns vkSj Hkquk, x, fcy

A. Bills purchased and discounted 1309.05 708.11
(ii) udn _.k] vksojMªk¶V vkSj ekax ij ns; _.k
Cash credits, overdrafts and loans repayable on demand 442544.50 410656.39
(iii) eh;knh _.k
Term loans 289912.29 267981.27
dqy ¼i,ii ,oa iii)

733765.83 679345.77
Total (i,ii and iii)
ch- (i) ewrZ vkfLr;ksa }kjk izfrHkwr

B. ¼buesa cgh _.kksa ij fn, x, vfxze 'kkfey gS½
Secured by tangible assets
(including advances against book debts) 551240.46 529155.44
(ii) cSad@ljdkjh xkjafV;ksa }kjk izfrHkwr
Covered by Bank/Government Guarantees 28475.67 15886.98
(iii) vizfrHkwr
Unsecured 154049.69 134303.35
dqy ¼i,ii ,oa iii)

733765.83 679345.77
Total (i,ii and iii)
383
fooj.k 31-03-2022 dks 31-03-2021 dks
lh-(I) Hkkjr esa vfxze

C. (I) Advances in India
(i) izkFkfedrk izkIr {ks=k

Priority sector 234687.05 243442.80
(ii) lkoZtfud {ks=k
Public sector 171957.32 145971.76
(iii) cSad
Banks 110.27 222.37
(iv) vU;
Others 296510.96 265453.83
dqy ¼i,ii,iii ,oa iv)

703265.59 655090.75
Total (i,ii,iii and iv)
lh-(II) Hkkjr ls ckgj vfxze

C. (II) Advances outside India
(i) cSadksa ls izkI;

Due from banks 9091.99 8572.97
(ii) vU; izkI;
Due from others
(d) [kjhns vkSj Hkquk, x, fcy
(a) Bills purchased and discounted 0.00 20.12
([k) lkewfgd _.k
(b) Syndicated Loans 9977.01 8683.10
(?k) vU;
(c) Others 11431.24 6978.83
dqy ¼I ,oa II)

30500.24 24255.02
Total (I and II)
lh (I) rFkk lh (II) dk dqy ;ksx

733765.83 679345.77
GRAND TOTAL of C (I) and C (II)
384
fooj.k 31-03-2022 dks 31-03-2021 dks
vuqlwph 10 & vpy vkfLr;ka

SCHEDULE 10 - FIXED ASSETS
I. ifjlj
Premises

At Cost as on 31st March of preceeding year 10469.73 6802.37
o"kZ ds nkSjku o`f)
Additions during the year 37.08 3556.08
Deductions during the year 0.90 22.39
o"kZ ds nkSjku lek;kstu
Adjustment during the year 0.00 133.67
vc rd ewY;gzkl
Depreciation to date 1606.56 8899.35 1428.17 9041.56
II. vU; vpy vkfLr;ka ¼QuhZpj vkSj fQDLpj lfgr½
Other Fixed Assets (including furniture and fixtures)

o"kZ ds nkSjku o`f)
vc rd ewY;gzkl
IId. iV~Vsokyh vkfLr;ka

IIA. Leased Assets

o"kZ ds nkSjku o`f)
vc rd ewY;gzkl
II[k. daI;wVj lkW¶Vos;j

IIB. Computer Software

o"kZ ds nkSjku o`f)
vc rd ewY;gzkl
I] II] II,] IIch dk tksM+ 10696.21 11048.70

TOTAL OF I, II, IIA,IIB
*ldy CykWd esa o`f) vkSj vkt rd ewY;gzkl esa lekesyu dh frfFk ds vuqlkj varfjr cSadksa dh 'ks"k jkf'k 'kkfey gS vkSj fuoy CykWd esa fcuk
fdlh çHkko ds iquewZY;kadu fd;k tkrk gSA
*Addition to gross block & depreciation to date includes balances of transferee banks as at date of amalgamation & is recasted with no
impact in net block.
385
fooj.k 31-03-2022 dks 31-03-2021 dks
vuqlwph 11 & vU; vkfLr
SCHEDULE 11 - OTHER ASSETS
I. varj dk;kZy; lek;kstu ¼fuoy½
Inter office adjustment (Net) 0.00 0.00
II. mifpr C;kt
Interest accrued 8229.85 8162.38
III. vfxze vnk fd;k x;k dj@lzksr ij dkVk x;k dj
Tax paid in advance/tax deducted at source 12030.05 10001.32
IV. LVs'kujh vkSj fVdV
Stationery and stamps 5.00 10.40
V. nkoksa ds fuiVku ls izkI; xSj&cSafdax vkfLr;ka
Non banking assets acquired in satisfaction of claims 50.21 50.21
VI. vkLFfxr dj vkfLr ¼fuoy½
Deferred Tax asset (net) 25703.30 27021.46
VII. vU;
Others 26041.00 26381.42
I] II] III] IV] V] VI rFkk VII dk tksM+

72059.39 71627.19
TOTAL of I, II, III, IV, V, VI and VII
vuqlwph 12 & vkdfLed ns;rk,a

SCHEDULE 12 - CONTINGENT LIABILITIES
I. (i) cSad ds fo#) ,sls nkos ftUgsa _.k ugha ekuk x;k gS
Claims against the bank not acknowledged as debts 617.09 588.58
(ii) vihy] lUnHkks± vkfn ds v/khu fookfnr vk;dj o C;kt dj ekaxs

Disputed income tax and interest tax demands under appeal,
references, etc. 11430.81 9841.02
II. vkaf'kd :i ls iznÙk fuos'kksa ds fy, ns;rk,a
Liability for partly paid investments 351.87 377.99
III. cdk;k ok;nk fofue; lafonkvksa ds dkj.k ns;rk
Liability on account of outstanding forward exchange contracts 517966.68 303232.48
IV. xzkgdksa dh vksj ls nh xbZ xkjafV;ka
Guarantees given on behalf of constituents
¼d½ Hkkjr esa

(a) In India 48429.22 51260.18
¼[k½ Hkkjr ds ckgj

(b) Outside India 2799.62 2235.61
V. Lohd`fr;ka]i`"Bkadu vkSj vU; nkf;Ro
Acceptance, Endorsements and Other obligations 19640.63 13332.58
VI. ,slh vU; ensa ftuds fy, cSad vkdfLed :i ls ftEesnkj gS
Other items for which the Bank is contingently liable 5449.50 4519.52
dqy ¼I] II] III] IV] V rFkk VI½ 606685.43 385387.96

TOTAL (I, II, III, IV, V and VI)
386
fooj.k 31-03-2022 dks 31-03-2021 dks
31.03.2022 31.03.2021
vuqlwph 13 & vftZr C;kt

SCHEDULE 13 - INTEREST EARNED
I. vfxze@fcyksa ij C;kt@NwV
Interest/discount on advances/bills 48874.12 53682.82
II. fuos'kksa ls vk; ¼ykHkka'k lfgr½
Income on Investments (including dividends) 24471.01 25415.65
III. Hkkjrh; fjtoZ cSad ds ikl tek 'ks"k vkSj vU; varj&cSad fuf/k;ksa ij C;kt
Interest on balances with Reserve Bank of India and other inter-bank funds 2287.88 1902.42
IV. vU;
Others 608.82 934.14
dqy ¼I] II] III] rFkk IV½ 76241.83 81935.03

TOTAL (I, II, III and IV)
vuqlwph 14 & vU; vk;

SCHEDULE 14 - OTHER INCOME
I. deh'ku] fofue; vkSj nykyh
Commission, exchange and brokerage 3592.50 3879.19
II. Hkwfe] Hkou vkSj vU; vkfLr;ksa dh fcØh ls ykHk
Profit on sale of land, buildings and other assets 15.32 5.04
?kVk,a% Hkwfe] Hkou vkSj vU; vkfLr;ksa dh fcØh ls gkfu
Less: Loss on sale of land, buildings and other assets 0.92 14.40 17.78 -12.74
III. fons'kh eqæk fofue; ysunsu ls ykHk
Profit on exchange transaction 913.79 1056.66
?kVk,a% fons'kh eqæk fofue; ysunsu ls gkfu
Less: Loss on exchange transaction 212.33 701.46 574.52 482.14
IV. fuos'kksa dh fcØh ls ykHk ¼fuoy½
Profit on sale of investments (net) 3328.24 4788.44
?kVk,a% fuos'kksa dh fcØh ls gkfu
Less: Loss on sale of investments 424.92 2903.32 174.30 4614.14
V. fuos'kksa ds iquewZY;kadu ls ykHk
Profit on revaluation of investments 1079.52 993.99
?kVk,a% fuos'k ds iquewZY;kadu ls gkfu
Less: Loss on revaluation of investments 1313.50 -233.98 1814.89 -820.90
VI. fofo/k vk;
Miscellaneous Income 5119.96 4093.08
dqy (I, II, III, IV, V RkFkk VI)

12097.66 12234.91
TOTAL (I, II, III, IV, V and VI)
vuqlwph 15 & [kpZ fd;k x;k C;kt

SCHEDULE 15 - INTEREST EXPENDED
I. tekjkf'k;ksa ij C;kt
Interest on deposits 43360.91 47282.58
II. Hkkjrh; fjt+oZ cSad@varj&cSad m/kkj ij C;kt
Interest on Reserve Bank of India/ inter-bank borrowings 516.31 889.15
387
fooj.k 31-03-2022 dks 31-03-2021 dks
31.03.2022 31.03.2021
III. vU;
Others 2945.87 2632.84
dqy (I, II RkFkk III) 46823.08 50804.58

vuqlwph 16 &ifjpkyu [kpZ

SCHEDULE 16 - OPERATING EXPENSES
I . deZpkfj;ksa dks Hkqxrku vkSj mlds fy, izko/kku
Payment to and provisions for employees 11971.93 12296.72
II. fdjk;k] dj vkSj fctyh
Rent, taxes and lighting 1301.52 1309.21
III. eqæ.k vkSj ys[ku & lkexzh
Printing and stationery 157.49 129.75
IV. foKkiu vkSj izpkj
Advertisement and publicity 84.68 56.36
V. ¼d½ iV~Vs ij nh xbZ vkfLr ds vykok cSad dh laifÙk ij ewY;gzkl
(a) Depreciation on bank’s property other than leased assets 896.17 982.23
¼[k½ iV~Vs ij nh xbZ vkfLr ij ewY;gzkl
(b) Depreciation on Leased assets 0.00 896.17 0.00 982.23
VI. funs'kdksa dh Qhl] HkÙks vkSj O;;
Directors’ fees, allowances and expenses 1.55 1.25
VII. ys[kkijh{kdksa dh Qhl vkSj O;; ¼'kk[kk ys[kkijh{kdksa dh Qhl vkSj O;; lfgr½
Auditors’ fees and expenses (including branch auditors’ fees and expenses) 66.37 86.42
VIII. fof/k izHkkj
Law charges 95.99 95.40
IX. iksLVst] Vsyhxzke] nwjHkk"k] vkfnA
Postage, telegrams, telephones, etc. 334.58 294.37
X. ejEer vkSj j[kj[kko
Repairs and Maintenance 563.54 489.95
XI. chek
Insurance 1523.59 1471.91
XII. vU; O;;
Other expenditure 3493.36 3302.19
I ls XII dk tksM+
20490.77 20515.77
TOTAL of I to XII
vuqlwph 17 & lgk;d laLFkkvksa esa vtZu@gkfu dk fgLlk

SCHEDULE 17 - SHARE OF EARNINGS/LOSS IN ASSOCIATES
¼d½ Hkkjr esa lgk;d laLFkkvksa esa vtZu dk fgLlk

(a) Share of earnings in Associates in India 210.51 545.46
¼[k½ Hkkjr ds ckgj lgk;d laLFkkvksa esa vtZu dk fgLlk

(b) Share of earnings in Associates outside India 21.12 -3.29
¼, rFkk ch½ dk tksM+ 231.63 542.16

TOTAL of (a and b)
388
vuqlwph 18&lesfdr foÙkh; SCHEDULE 18 : CONSOLIDATED FINANCIAL
fooj.k 31-03-2022 STATEMENTS 31.03.2022
egRoiw.kZ ys[kkadu uhfr;ka vkSj ys[kksa ij SIGNIFICANT ACCOUNTING POLICIES AND
fVIif.k;k¡ NOTES TO ACCOUNTS
egRoiw.kZ ys[kkadu uhfr;ka SIGNIFICANT ACCOUNTING POLICIES
1- rS;kj djus dk vk/kkj 1. BASIS OF PREPARATION:

The consolidated financial statements have been prepared
lesfdr foÙkh; foojf.k;ka ijEijkxr ykxr ds vk/kkj ij rS;kj dh
on historical cost basis and conform, in all material aspects,
xbZ gSa rFkk leLr egRoiw.kZ n`f"Vdks.k ls Hkkjr esa lkekU;r% LohÑr
to Generally Accepted Accounting Principles (GAAP) in India,
ys[kkadu fl)kUrksa ¼th,,ih½ ds vuq:i gSa] tc rd vU;Fkk mYysf[kr unless otherwise stated, encompassing applicable statutory
u gksa] ftuesa ykxw lkafof/kd izkoèkku] Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr provisions, regulatory norms prescribed by Reserve Bank of
fofu;ked ekun.M] vkjchvkbZ }kjk le; le; ij tkjh ifji=k rFkk India (RBI), circulars and guidelines issued by RBI from time
fn'kkfunsZ'k] cSaddkjh fofu;eu vf/kfu;e] 1949] dEiuh vf/kfu;e] to time, Banking Regulation Act 1949, Companies Act, 2013,
2013] ys[kkadu ekun.M ¼,,l½ rFkk Hkkjrh; lunh ys[kkdkj laLFkku Accounting Standards (AS) and pronouncements issued by The
¼vkbZlh,vkbZ½ }kjk tkjh Kkiu o Hkkjr esa cSa¯dx m|ksx esa ekStwnk izFkk,a Institute of Chartered Accountants of India (ICAI) and prevailing
Hkh 'kkfey gSaA practices in Banking industry in India.
fons'kh bdkb;ksa ds lEcU/k esa vU;=k ;Fkk fofu£n"V ds vfrfjä lacafèkr In respect of foreign entities, statutory provisions and practices
fons'kh jk"Vªksa esa ykxw lkafof/kd izko/kkuksa vkSj izFkkvksa dk ikyu fd;k prevailing in respective foreign countries are complied with
x;k gSA except as specified elsewhere.
foÙkh; foojf.k;ksa dks mip; vo/kkj.kk ds lkFk dk;Z'khy laLFkk The financial statements have been prepared on going
vkèkkj ij rS;kj fd;k x;k gS rFkk ys[kkadu uhfr;ka ds vuqlkj rFkk concern basis with accrual concept and in accordance with the
fujarj viukbZ xbZ izFkkvksa ds vuq:i gS] tc rd vU;Fkk mYysf[kr u accounting policies and practices consistently followed unless
gks A otherwise stated.
vuqekuksa dk mi;ksx USE OF ESTIMATES

The preparation of consolidated financial statements requires
lesfdr foÙkh; foojf.k;ka rS;kj djus ds fy, izca/ku dks foÙkh; the management to make estimates and assumptions
foojf.k;ksa dh frfFk rd fjiksVZ dh xbZ vkfLr;ksa ,oa ns;rkvksa ¼vkdfLed considered in the reported amounts of assets and liabilities
ns;rkvksa lfgr½ rFkk fjiksVZ vof/k ds fy, fjiksVZ fd, x, vk; vkSj O;; (including contingent liabilities) as on date of the financial
esa fy, x, vuqeku rFkk /kkj.kk,a cukus dh vko';drk iM+rh gSA izcaèku statements and the reported income and expenses for the
dks fo'okl gS fd foÙkh; foojf.k;kWa rS;kj djus esa mi;ksx fd, x, reporting period. Management believes that the estimates
vuqeku foodslEer vkSj rdZlaxr gSaA used in the preparation of the financial statements are prudent
and reasonable.
Future results could differ from these estimates.
Hkfo"; ds ifj.kke bu vuqekuksa ls vyx gks ldrs gSaA
Difference between the actual results and estimates is
okLrfod ifj.kkeksa vkSj vuqekuksa ds chp ds varj dks ml vof/k esa
recognized in the period in which the results are known /
Lohdkj fd;k x;k gS ftlesa ifj.kke Kkr@dk;k±for gq, gSaA
materialized.
ys[kkadu vuqekuksa esa fdlh Hkh la'kks/ku dks orZeku vkSj Hkfo"; dh Any revision to the accounting estimates is recognized
vofèk;ksa esa laHkkfor :i ls ekU;rk nh tkrh gS tc rd fd vU;Fkk prospectively in the current and future periods unless otherwise
mfYyf[kr u fd;k x;k gksA stated.
2- lesdu izfØ;k 2. CONSOLIDATION PROCEDURES:

vuq"kafx;k¡ % Subsidiaries
i½ ih,uch fxYV~l fyfeVsM i) PNB Gilts Ltd.
ii½ ih,uch bUosLVesaV l£olst fyfeVsM+ ii) PNB Investment Services Ltd.
iii) PNB Cards and Services Ltd.
iii½ ih,uch dkM~lZ ,aM l£olst fy-
389
iv½ iatkc uS'kuy cSad ¼baVjuS'kuy½ fyfeVsM] ;w-ds iv) Punjab National Bank (International) Ltd., UK.
v½ Mªd ih,uch cSad fyfeVsM] HkwVku v) Druk PNB Bank Ltd, Bhutan.
lg;ksxh daifu;ka% Associates:
i½ ih,uch esVykbQ bafM;k ba';ksjsal daiuh fy* i) PNB Metlife India Insurance Company Ltd*
ii½ ih,uch gkma¯lx Qkbusal fy- ii) PNB Housing Finance Limited
iii½ ts,llh ¼Vsaxjh cSad½ vYekVh]dt+kf[kLrku** iii) JSC (Tengri Bank), Almaty, Kazakhstan**
iv½ dsujk ,p,lchlh vksfj,aVy cSad vkWQ dkWelZ ykbQ ba';ksjsal daiuh iv) Canara HSBC Oriental Bank of Commerce Life Insurance
fyfeVsM Co. Ltd.
v½ bafM;k ,l,ebZ ,lsV fjdaLVªD'ku daiuh fyfeVsM v) India SME Asset Reconstruction Co. Ltd.
vi½ ,ojsLV cSad fyfeVsM] dkBekaMw] usiky vi) Everest Bank Limited, Kathmandu, Nepal
vii½ nf{k.k fcgkj xzkeh.k cSad] iVuk vii) Dakshin Bihar Gramin Bank, Patna
viii½ fgekpy izns'k xzkeh.k cSad] e.Mh viii) Himachal Pradesh Gramin Bank, Mandi
ix½ iatkc xzkeh.k cSad] diwjFkyk ix) Punjab Gramin Bank, Kapurthala
x½ loZ gfj;k.kk xzkeh.k cSad] jksgrd x) Sarva Haryana Gramin Bank, Rohtak
xi½ izFkek ;wih xzkeh.k cSad] eqjknkckn xi) Prathama UP Gramin Bank, Moradabad
xii½ vle xzkeh.k fodkl cSad] xqokgkVh
xii) Assam Gramin Vikas Bank, Guwahati
xiii½ cafx;k xzkeh.k fodkl cSad] if'Pke caxky
xiii) Bangiya Gramin Vikas Bank, West Bengal
xiv½ ef.kiqj xzkeh.k cSad] baQky
xiv) Manipur Rural Bank, Imphal
xv½ f=kiqjk xzkeh.k cSad] vxjryk
xv) Tripura Gramin Bank, Agartala
*ih,uch us czkMa bfDoVh ds :i esa `700-48@& ds izfrQy ij ih,uch *PNB has acquired 30% stake in PNB Metlife at consideration of Rs. 700.48
esVykbQ bafM;k ba';ksjl
as daiuh fyfeVsM esa 30% fgLlsnkjh dk vfèkxzg.k fd;k gSA as brand equity.
**,,Qvkj us ifjlekiu ds rgr ts,llh Vsaxjh cSad dk ykblsal **AFR revoked license of JSC Tengri Bank w.e.f. 18.09.2020 and is under
18-09-2020 dks fjoksd dj fn;kA Liquidation.
2-1 lewg dh lesfdr foÙkh; foojf.k;ka ¼Åij fn, x, fooj.k ds vuqlkj 2.1 Consolidated financial statements of the Group (comprising
5 vuq"kafx;ka vkSj 15 lgk;d daifu;ka lfEefyr gSa½ fuEufyf[kr vkèkkj of 5 Subsidiaries and 15 Associates as per detail given above)
ij rS;kj dh xbZ gSa% have been prepared on the basis of:
I. iatkc uS'kuy cSad ¼ewy@cSad½ dh ys[kkijhf{kr foÙkh; foojf.k;ka i. Audited financial statements of Punjab National Bank
(Parent/the Bank),
II. ys[kk ekud 21 ds vuqlkj] ewy cSad dh lEcaf/kr enksa ds lkFk
vuq"kafx;ksa dh enksa vFkkZr~ vkfLr;ksa] ns;rkvksa] vk; rFkk O;;ksa dks ii. As per AS 21, line by line aggregation of like items of assets,
liabilities, income and expenses of subsidiaries with the
ijLij iafä nj iafä ,df=kr djrs gq, rFkk egRoiw.kZ vUr% 'ks"kksa respective item of the parent after eliminating material
lewg@ysunsuksa dks gVkdj] muds izca/ku }kjk fof/kor ys[kkijhf{kr intra-group balances/transactions, unrealized profit/losses
izkIr vk¡dM+ksa ds vk/kkj ij vizkIr ykHk@gkfu dks gVkus ds i'Pkkr~ and making necessary adjustments, wherever required,
rFkk tgkWa dgha t:jh Fkk ogka leku ys[kkadu uhfr;ksa ds vuq:i to conform to uniform accounting policies, based on data
vko';d lek;kstu djus ds i'Pkkr~ rS;kj fd, x, gSaA vuq"kaxh received from these subsidiaries, duly Audited/ certified
dEifu;ksa ds foÙkh; fooj.k ewy cSad dh fjiks²Vx frfFk vFkkZr~+ 31 by their Management. The financial statements of the
ekpZ] 2022 dks gh rS;kj fd, x, gSa A subsidiaries are drawn up to the same reporting date as
that of parent i.e. March 31, 2022.
III. fons'kh vuq"kafx;ksa dk fons'kh eqæk varj.k fuEu vk/kkj ij fd;k iii. Foreign currency translation of overseas subsidiaries has
x;k gSa% been done as under:
i½ vk; o O;; & vof/k ds nkSjku miyC/k Hkkfjr vkSlr njksa (i) Income and Expenditure - at weighted average rates
ij prevailing during the period.
ii½ vkfLr;k¡ o ns;rk,a & fjiks²Vx frfFk dks ykxw njksa ij (ii) Assets and Liabilities - at rates applicable at reporting
date.
fons'kh eqæk varj.k ds ifj.kkeLo:i vk; varj dks pkgs og The resultant foreign currency translation difference,
ykHk vFkok gkfu gks] izkjf{kfr;ksa vkSj vf/k'ks"k fons'kh eqæk varj.k whether gain or loss, has been included under Reserves
fjtoZ& ds v/khu lfEefyr fd;k x;k gSA and Surplus - Foreign Currency Translation Reserve.
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iv. tgka erkf/kdkj 'kfä esa lewg dk 20% vkSj blls vf/kd va'k iv. Investments in associates, where the group holds 20%
gS] ogka lgk;d laLFkkvksa esa fuos'kksa dk ys[kkadu Hkkjrh; lunh or more of the voting power, have been accounted
ys[kkdkj laLFkku }kjk tkjh ys[kk&ekud& 23 ds vuqlkj bfDoVh for using the equity method in terms of Accounting
i)fr }kjk fd;k x;k gSA Standard–23 issued by The Institute of Chartered
Accountants of India.
2-2 vuq"kafx;ksa esa blds fuos'k ds lewg dh ykxr rFkk lewg ds
2.2 The difference between cost to the Group of its
vuq"kafx;ksa dh bfDoVh ds Hkkx ds chp ds varj dks lk[k@iw¡th
investment in the subsidiaries and the group’s portion of
vkjf{kr fuf/k ekuk x;k gSA
the equity of the subsidiaries is recognized as Goodwill/
Capital Reserve.
2-3 lesfdr vuq"kafx;ksa dh fuoy vkfLr;ksa esa vYika'k fgr esa 2.3 Minority interest in the net assets of consolidated
fuEufyf[kr 'kkfey gSa% subsidiaries consists of:
,½ vuq"kaxh esa ftl frfFk dks fuos'k fd;k x;k gS ml frfFk dks vYika'k a) The amount of equity attributable to the minority at the
fgr dks ns; bfDoVh dh jkf'k] rFkk date on which investments in a subsidiary is made; and
ch½ ewy cSad rFkk vuq"kaxh ds e/; laca/k fu£er gksus dh frfFk ls bfDoVh b) The minority share of movements in equity since date
'ks;j ds ifjpkyuksa esa vYila[;k ds 'ks;jA of parent-subsidiary relationship came into existence.
SIGNIFICANT ACCOUNTING POLICIES FOLLOWED BY THE
ewy cSad }kjk viukbZ xbZ egRoiw.kZ ys[kkadu uhfr;ka% PARENT:
3- jktLo ekU;rk 3. REVENUE RECOGNITION:
3.1 Income & expenditure (other than items referred to in
3-1 vk; vkSj O;; ¼iSjk 3-5 esa lan£Hkr enksa ls fHkUUk½ dks lkekU;r% paragraph 3.5) are generally accounted for on accrual
mip; vk/kkj ij ys[kkafdr fd;k tkrk gS A basis.
3-2 vfxzeksa vkSj fuos'kksa dks feykdj xSj vutZd vkfLr;ksa ¼,uih,½ dh 3.2 Income from Non- Performing Assets (NPAs),
vk; dh igpku Hkkjrh; fjt+oZ cSad@fons'kh dk;kZy;ksa ds ekeys comprising of advances and investments, is
esa lacaf/kr ns'kksa ¼ftls blds i'Pkkr lesfdr :i ls fofu;ked recognized upon realization, as per the prudential
izkfèkdj.k dgk x;k gS½ }kjk fu/kkZfjr foosdiw.kZ ekunaMksa ds norms prescribed by the RBI/ respective country
vuqlkj olwyh ds i'Pkkr dh xbZ gSA regulators in the case of foreign offices (hereafter
collectively referred to as Regulatory Authorities).
3-3 izkFkfedrk ds Øe esa olwyh ds fofu;kstu dk rjhdk fuEukuqlkj 3.3 Mode of appropriation of recovery in order of priority
gksxk% will be as below:
,½ uhps mfYyf[kr enks ¼ch½ vkSj ¼lh½ ds rgr doj fd, x, ekeyksa (a) Recoveries in NPA accounts (irrespective of the mode /
dks NksM+dj ,uih, ys[kksa dh olwfy;ka ¼olwyh dkjZokbZ ds fof/k@ status / stage of recovery actions) shall be appropriated
[email protected] ij fopkj fd, fcuk½ fuEufyf[kr izkFkfedrk ds Øe in the following order of priority except for the cases
esa fofu;ksftr dh tk,xh%& covered under below mentioned points (b) & (c):
i. Expenditure/Out of Pocket Expenses incurred for
i- ljQslh dkjZokbZ ds v/khu lfgr olwyh gsrq fd;k x;k O;;@ Recovery, including under SARFAESI Action (Recorded in
QqVdj [kpZ ¼iwoZ esa Kkiu ns;ksa esa fjdkWMZ fd, x,½ Memorandum Dues);
ii- blds ckn] C;kt vfu;ferrkvksa@mifpr C;kt ds izfr ii. Thereafter towards the unrealised/accrued interest.
iii. Principal irregularities i.e. NPA outstanding in the
iii- izeq[k vfu;ferrk,a vFkkZr~ [kkrs esa cdk;k ,uih,
account.
mijksä esa fdlh izdkj dh folaxfr;ksa ij ,pvkslh,lh&III Any exceptions to the above may be considered by
¼,pvkslh,lh &III rd dh fofHkUUk lfefr;ksa dh 'kfä;ksa ds varxZr HOCAC-III (for proposals falling under the powers of
vkus okys izLrkoksa ds fy,½ vkSj izca/ku lfefr }kjk viuh fufgr various committee’s upto HOCAC-III) & Management
'kfä;ksa ds rgr izLrkoksa ds fy, fopkj fd;k tk ldrk gSA Committee for proposals under its vested powers.
(b) However, in case of Compromise and Resolution/
ch- gkykafd] ,ulh,yVh ds ek/;e ls fd, tkus okys leÖkkSrs vkSj
Settlement through NCLT, recovery shall be appropriated
lek/kku@fuiVku ds ekeys esa] olwyh lacaf/kr leÖkkSrk@lek/kku
as per the terms of respective compromise/ resolution
fuiVku dh 'krksZ ds vuqlkj fofu;ksftr dh tk,xhA
settlement.
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lh- okn nk;j@fMØh okys ys[kksa ds ekeys esa] olwyh fuEukuqlkj (c) In case of suit filed/decreed accounts, recovery shall be
fofu;ksftr dh tk,xh%& appropriated as under:-
• lacaf/kr U;k;ky; ds funsZ'kkuqlkjA • As per the directives of the concerned Court.
• U;k;ky; ls fof'k"V funsZ'kksa ds vHkko esa] tSlk fd Åij • In the absence of specific directives from the Court, as
¯cnq ¼d½ esa mYys[k fd;k x;k gSA mentioned at point (a) above.
3-4 ,uih, dh fcØh] dks Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr fn'kk&funsZ'kksa 3.4 The sale of NPA is accounted as per guidelines prescribed
rFkk iSjk 5-3 ds varxZr [kqykls ds vuqlkj ys[kkafdr fd;k x;k gSA by RBI and as disclosed under Para 5.3.
3.5 Commission (excluding on Government Business,
3-5 deh'ku] ¼ljdkjh dkjksckj] chek dkjksckj vkSj E;qpqvy QaM
Insurance Business, Mutual Fund Business, Letter of
dkjksckj] lk[k i=k vkSj cSad xkjaVh dks NksM+dj½] fofue;] ykWdj
Credit and Bank Guarantee), exchange, locker rent and
fdjk,] ^Ô;kikj** ds :i esa ukfer :i;k O;qRiUUkh ij vk; olwyh
Income on Rupee Derivatives designated as “Trading”
vkSj chek nkoksa dks fuiVku ij ys[kkafdr fd;k tkrk gSA vfrns;
are accounted for on realization and insurance claims are
ns'kh fcyksa ij C;kt dh olwyh gksus ij ys[kkafdr fd;k tkrk gS accounted for on settlement. Interest on overdue inland
vkSj vfrns; fons'kh fcy ij C;kt dks bldk fØLVyhdj.k gksus bills is being accounted for on realization and interest on
rd fØLVyhdj.k ij rFkk mlds ckn olwyh gksus ij C;kt esa overdue foreign bill, till its crystallization is accounted for
fy;k tkrk gSA on crystallization and thereafter on realization.
3-6 okn nkf[ky ys[kksa ds ekeys esa ys[kkafdr fd;k] lacaf/kr dkuwuh 3.6 In case of suit filed accounts, related legal and other
vkSj vU; [kpsZ ykHk & gkfu [kkrs esa izHkkfjr fd, tkrs gSa vkSj budh expenses incurred are charged to Profit & Loss Account
olwyh gksus ij mudh x.kuk rnuqlkj dh tkrh gS A and on recovery the same are accounted for as such.
3-7 vk;dj ds fjQaM ij C;kt ls gksus okyh vk; dks lacaf/kr 3.7 Income from interest on refund of income tax is
izkfèkdkfj;ksa }kjk ikfjr vkns'k ds o"kZ esa ys[kkafdr fd;k tkrk gSA accounted for in the year the order is passed by the
concerned authority.
3-8 ifjpkyuxr iV~Vs ij yh xbZ vkfLr;ksa ds fy, o`f) ykxr lfgr 3.8 Lease payments including cost escalation for assets
iV~Vs dk Hkqxrku iV~Vs vof/k ds Åij vkbZlh,vkbZ }kjk tkjh ,,l taken on operating lease are recognized in the Profit and
19 ¼yht+sl½ ds vuqlkj ykHk&gkfu ys[ks esa fy;k tkrk gS A Loss Account over the lease term in accordance with the
3-9 ØsfMV dkMks± ij fjokMZ IokbaV ds fy, izko/kku izR;sd Js.kh esa AS 19 (Leases) issued by ICAI.
lafpr cdk;k IokbaVksa ij vk/kkfjr gSA 3.9 Provision for Reward Points on Credit cards is made based
on the accumulated outstanding points in each category.
3-10 fe;knh tek ¼VhMh½ ifjiDo gks tkrh gS vkSj vk; dk Hkqxrku ugha
3.10 Term Deposit (TD) matures and proceeds are unpaid,
fd;k tkrk gS] cSad ds ikl nkok u dh xbZ jkf'k ij cpr [kkrs ij the amount left unclaimed with the bank shall attract
ykxw C;kt nj ;k ifjiDo VhMh ij C;kt dh vuqcaf/kr nj] tks Hkh rate of interest as applicable to savings account or the
de gks] ij ykxw gksxkA contracted rate of interest on the matured TD, whichever
3-11 ykHkka'k ¼varfje ykHkka'k dks NksM+dj½ dh x.kuk ykHkka'k izkIr djus is lower.
dk vf/kdkj LFkkfir gksus ij ykHkka'k dh x.kuk dh tkrh gSA 3.11 Dividend (excluding Interim Dividend) is accounted for as
and when the right to receive the dividend is established.
4- fuos'k 4. INVESTMENTS:
4-1 izfrHkwfr;ksa esa ysunsu **fuiVku frfFk** dks ntZ fd;k tkrk gSA 4.1 The transactions in Securities are recorded on
“Settlement Date”.
4-2 fuos'kksa dks cSaddkjh fofu;eu vf/kfu;e] 1949 dh rhljh 4.2 Investments are classified into six categories as stipulated
vuqlwph ds QkeZ , esa ;Fkkfu£n"V Ng Jsf.k;ksa esa oxhZÑr fd;k in form A of the third schedule to the Banking Regulation
x;k gS A Act, 1949.
4-3 uhps fn, x, Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa ds vuq:i fuos'kksa 4.3 Investments have been categorized into “Held to
dks **ifjiDork rd /kkfjr**] **fcØh gsrq miyC/k** rFkk **Vªs¯Mx gsrq Maturity”, “Available for Sale” and “Held for Trading” in
/kkfjr** Jsf.k;ksa esa oxhZÑr fd;k x;k gSA terms of RBI guidelines as under:
,½ cSad }kjk ifjiDork rd èkkfjr fd, tkus dh ea'kk ls v£tr (a) Securities acquired by the Bank with an intention to hold
izfrHkwfr;ksa dks *ifjiDork rd /kkfjr* ds Js.kh esa j[kk x;k gS A till maturity are classified under “Held to Maturity”.
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ch½ cSad }kjk vYikof/k ewY;@C;kt nj mrkj&p<+ko dk ykHk mBkrs (b) The securities acquired by the Bank with an intention to
gq, O;kikj gsrq j[ks tkus dh ea'kk ls v£tr izfrHkwfr;ksa dks **O;kikj trade by taking advantages of short-term price/ interest
gsrq /kkfjr** fuos'kksa esa oxhZÑr fd;k x;k gSA rate movements are classified under “Held for Trading”.
lh½ tks izfrHkwfr;ka mi;qZä nksuksa Jsf.k;ksa esa ugha vkrha gSa mUgsa **fcØh gsrq (c) The securities, which do not fall within the above two
miyC/k** Js.kh ds v/khu oxhZÑr fd;k x;k gSA categories, are classified under “Available for Sale”.
4-4 vuq"kafx;ksa] la;qä miØeksa vkSj lg;ksxh laLFkkvksa esa fuos'k dks 4.4 Investments in subsidiaries, joint ventures and
,pVh,e ds :i esa oxhZÑr fd;k x;k gSA associates are classified as HTM.
4-5 izfrHkwfr;ksa dk varj.k ,d Js.kh ls nwljh Js.kh esa varj.k dh frfFk 4.5 Transfer of securities from one category to another is
dks vf/kxzg.k ykxr@cgh ewY;@cktkj ewY; esa ls fuEu ewY; ij carried out at the lower of acquisition cost/ book value/
fd;k tkrk gSA ;fn ,sls varj.k ij dksbZ ewY;gzkl gks rks mlds market value on the date of transfer. The depreciation, if
fy, iwjk izko/kku fd;k x;k gSA any, on such transfer is fully provided for.
gkykafd izfrHkwfr;ksa dk ,pVh,e Js.kh ls ,,Q,l Js.kh esa varj.k However, transfer of securities from HTM category
cgh ewY; ij fd;k tkrk gSA varj.k ds i'Pkkr ;s izfrHkwfr;ka rqjar to AFS category is carried out on book value. After
iquewZY;kafdr dh tkrh gS vkSj ifj.kkeLok:i ewY;gzkl] ;fn dksbZ transfer, these securities are immediately revalued
gS] iznku fd;k tkrk gSA and resultant depreciation, if any, is provided.
fuos'k dks mldh [kjhnnkjh ds le; gh ,pVh,e] ,p,QVh ;k An investment is classified as HTM, HFT or AFS at the
,,Q,l ds :i esa oxhZÑr fd;k tkrk gS vkSj fofHkUUk Jsf.k;ksa ds time of its purchase and subsequent shifting amongst
chp rRlaca/kh f'k¯¶Vx fofu;ked fn'kkfunsZ'kksa ds vuq:i dh tkrh categories is done in conformity with regulatory
guidelines.
gSA
4.6 In determining acquisition cost of an investment
4-6 fdlh fuos'k dh vf/kxzg.k ykxr fu/kkZfjr djus esa%
(a) Brokerage, commission, Securities Transaction Tax (STT)
d½ izfrHkwfr;ksa ds vf/kxzg.k ds lEcU/k esa lanÙk nykyh] deh'ku]
etc. paid in connection with acquisition of securities are
izfrHkwfr ysunsu dj ¼,lVhVh½ bR;kfn izkjfEHkd jktLo O;;ksa ds treated as revenue expenses upfront and excluded
:i esa ekuk x;k gS vkSj bls ykxr ls ckgj j[kk x;k gS A from cost.
[k½ izfrHkwfr;ksa ds vf/kxzg.k@fcØh dh rkjh[k rd v£tr C;kt vFkkZr~ (b) Interest accrued up to the date of acquisition/sale of
[kafMr vof/k ds fy, C;kt vf/kxzg.k ykxr@fcØh ds izfrQy ls securities i.e. broken- period interest is excluded from
ckgj j[kk x;k gS vkSj bldh x.kuk mifpr C;kt esa dh xbZ gS u the acquisition cost/sale consideration and the same is
fd ns; [kkrs esa A accounted in interest accrued but not due account.
x½ fuos'kksa dh lHkh Jsf.;ksa ds fy, ykxr dk fu/kkZj.k Hkkfjr vkSlr (c) Cost is determined on the weighted average cost
ykxr i)fr ds vk/kkj ij fd;k x;k gSA method for all categories of investments.
4-7 fuos'k dk ewY;u Hkkjrh; fjt+oZ cSad@,QvkbZ,e,eMh, ds 4.7 Investments are valued as per RBI/ FIMMDA guidelines,
fn'kkfunsZ'kkuqlkj] fuEufyf[kr vk/kkj ij fd;k tkrk gS% on the following basis:
ifjiDork rd /kkfjr % Held to Maturity
i½ ** ifjiDork rd /kkfjr** Js.kh ds v/khu fuos'kksa dks vtZu ykxr (i) Investments under “Held to Maturity “category are
ij fy;k x;k gSA carried at acquisition cost.
tgk¡ dgha vafdr ewY;@izfrnku ewY; ls cgh ewY; vf/kd gks rks Wherever the book value is higher than the face value/
izhfe;e dks ifjiDork dh 'ks"k vof/k ds fy, lh/kh js[kk vk/kkj redemption value, the premium is amortized over the
remaining period to maturity on straight line basis.
ij ifj'kksf/kr fd;k tkrk gSA ,sls izhfe;e ifj'kks/ku **fuos'kksa ij Such amortization of premium is reflected in Interest
vk;** 'kh"kZ ds varxZr v£tr C;kt esa dVkSrh ds :i esa izn£'kr gksrs Earned under the head “Income on investments” as
gSA a deduction.
ii½ vuq"kafx;ksa@la;qä m|eksa@lg;ksfx;ksa esa fuos'kk dk ewY;kadu (ii) Investments in subsidiaries/joint ventures/associates
vLFkk;h fuos'k ls fHkUUk izR;sd O;fäxr fuos'kksa dh izØfr esa fd;s are valued at carrying cost less diminution, other than
x;s fuos'k dk ewY;kadu j[kko ykxr esa ls gzkl dks gVkdj fd;k temporary in nature for each investment individually.
x;k gSA
(iii) Investments in sponsored regional rural banks are valued
iii½ izk;ksftr {ks=kh; xzkeh.k cSadksa esa fuos'kksa dk ewY;kadu j[kko ykxr
at carrying cost.
ij fd;k x;k gSA
(iv) Investment in Venture Capital is valued at carrying cost.
iv½ m|e iwath esa fuos'kksa dk ewY;kadu j[kko ykxr ij fd;k x;k gSA
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v½ ,pVh,e Js.kh esa j[ks x, bfDoVh 'ks;jksa dk ewY;kadu j[kko ykxr (v) Equity shares held in HTM category are valued at carrying
ij fd;k x;k gSA cost.
fcØh gsrq miyC/k vkSj O;kikj gsrq j[ks x;s % Available for Sale and Held for Trading:
,½ ljdkjh izfrHkwfr;ka (a) Govt. Securities
I. dsUæh; ljdkj fQDlM bade euh ek£dV ,.M I. Central Govt. Securities At market prices/YTM as
izfrHkwfr;ka MsfjosfVOl ,lksfl,'ku vkWQ bafM;k published by Fixed Income
¼,QvkbZ , e,eMh,½@QkbZ u s a f 'k;y Money Market and
csapekdZ bafM;k izk- fy- ¼,QchvkbZ,y½ Derivatives Association
}kjk ;Fkk izdkf'kr ckt+kj ewY;ksa@ of India (FIMMDA) /
Financial Benchmark India
ifjiDork ij vk;
Pvt. Ltd (FBIL).
II. jkT; ljdkj ,QvkbZ,e,eMh,@Hkkjrh; fjt+oZ cSad II. State Govt. Securities On appropriate yield to
izfrHkwfr;ka ds fn'kkfunsZ'kksa ds vuqlkj mi;qä maturity basis as per
ifjiDork vk; vk/kkj ij FIMMDA/RBI guidelines.
ch½ dsæa h;@jkT; ljdkjksa ,QvkbZ,e,eMh, Hkkjrh; fjt+oZ (b) Securities guaranteed On appropriate yield to
}kjk xkjaVh okyh cSad fn'kkfunsZ'kksa ds vuqlkj mi;qä by Central / State maturity basis as per
izfrHkwfr;ka] lkoZtfud ifjiDork vk; vk/kkj ij Government, PSU Bonds FIMMDA/RBI guidelines
{ks=k ds miØeksa ds ck.M (not in the nature of
¼vfxzeksa dh izÑfr ds ugha½ advances)
lh½ Vªst+jh fcy j[kko ykxr ij (c) Treasury Bills At carrying cost
Mh½ bfDoVh 'ks;j ;fn dksV fd;k x;k gks rks ckt+kj ewY; (d) Equity shares At market price, if quoted,
ij vU;Fkk uohure rqyu&i=k ¼tks otherwise at breakup
,d o"kZ ls iqjkuk u gks½ ds vuqlkj value of the Shares as per
latest Balance Sheet (not
'ks;jksa ds czsd&vi ewY; ij] vU;Fkk more than one year old),
izfr daiuh #- 1@& ij otherwise at Re.1 per
company
bZ½ vf/kekuh 'ks;j ;fn dksV fd;k x;k gks rks ckt+kj (e) Preference shares At market price, if quoted
ewY; ij vU;Fkk Hkkjrh; fjt+oZ cSad@ or on appropriate yield
,QvkbZ,e ,eMh, fn'kkfunsZ'kksa ds to maturity basis not
vuqlkj mi;qä ifjiDork ij ¯drq exceeding redemption
izfrnku ewY; ls vf/kd ugha value as per RBI/FIMMDA
guidelines.
,Q ½ ckWUM vkSj fMcsapj ;fn dksV fd;k x;k gks rks ckt+kj (f) Bonds and debentures At market price, if quoted,
¼vfxzeksa dh izÑfr ds ewY; ij vU;Fkk Hkkjrh; fjt+oZ cSad (not in the nature of or on appropriate yield to
ugha½ @,QvkbZ,e,eMh, fn'kkfunsZ'kksa ds advances) maturity basis as per RBI/
vuqlkj] mi;qä ifjiDork vk; ij FIMMDA guidelines.
th½ E;wpqvy Q.Mksa ds ;wfuV ;fn dksV fd;k x;k gks rks LVkWd (g) Units of mutual funds As per stock exchange
,Dlpsat ds Hkko ds vuqlkj vkSj ;fn quotation, if quoted; at
dksV u fd;k x;k gks rks iqu[kZjhn ewY; repurchase price/NAV, if
@ ,u,oh ij unquoted
,p½ okf.kfT;d isij j[kko ykxr ij (h) Commercial Paper At carrying cost
vkbZ½ tek izek.ki=k j[kko ykxr ij (i) Certificate of Deposits At carrying cost
ts½ ,vkjlhvkbZ,y dh m|e iw¡th fuf/k;ksa }kjk dh xbZ (j) Security receipts of ARCIL At net asset value of the
izfrHkwfr jlhnsa ?kks"k.kk ds vuqlkj vkfLr ds fuoy asset as declared by ARCIL
vkfLr ewY; ij
ds½ m|e iw¡th fuf/k;k¡ m|e iwt ¡ h fuf/k;ksa }kjk dh xbZ ?kks"k.kk ds (k) Venture Capital Funds At net asset value (NAV)
vuqlkj fuoy vkfLr ewY; ¼,u,oh½ ij declared by the VCF
,y½ vU; fuos'k ewY; gzkl dks ?kVkdj j[kko ykxr ij (l) Other Investments At carrying cost less
diminution in value
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fcØh gsrq miyC/k rFkk O;kikj gsrq /kkfjr Js.kh esa mi;qZä ewY;kadu The above valuation in category of Available for Sale and
izR;sd fLØi ds fy, vyx&vyx frekgh vk/kkj ij fd;k tkrk Held for Trading is done scrip wise on quarterly basis
gS rFkk izR;sd oxhZdj.k ds fy, ewY;gzkl@o`f) dh tkrh gS A ;fn and depreciation/appreciation is aggregated for each
'kq) ewY;gzkl gS rks izR;sd oxhZdj.k ds fy, izko/kku fd;k tkrk classification. Net depreciation for each classification,
if any, is provided for while net appreciation is ignored.
gS tcfd 'kq) o`f) ugha n'kkZ;h tkrhA ewY;gzkl ds fy, izko/kku On provision for depreciation, the book value of the
ij O;fäxr izfrHkwfr dk cgh ewY; ckt+kj gsrq fpfºur djus ds individual security remains unchanged after marking to
i'Pkkr~ vifjo£rr jgrk gSA market.
4-8 Hkkjrh; fjt+oZ cSad ds ,uihvkbZ oxhZdj.k ds foosdh ekunaMksa ds 4.8 Investments are subject to appropriate provisioning/
de-recognition of income, in line with the prudential
vuq:i fuos'k mi;qä izko/kkuhdj.k@vk; vekU;hdj.k ds v/khu norms of Reserve Bank of India for NPI classification.
gSaA vutZd izfrHkwfr;ksa ds laca/k esa ewY;gzkl@izko/kku vU; vtZd The depreciation/provision in respect of non-performing
izfrHkwfr;ksa ds laca/k esa o`f) ds le{k leatu ¼lSV vkWQ½ ugha fd;k securities is not set off against the appreciation in respect
x;k gSA of the other performing securities.
;fn fdlh bdkbZ }kjk izkIr dh xbZ _.k lqfo/kk cSad dh cgh esa If any credit facility availed by an entity is NPA in the
,uih, gS rks mlh bZdkbZ }kjk tkjh izfrHkwfr;ksa esa dksbZ Hkh fuos'k books of the Bank, investment in any of the securities
issued by the same entity would also be treated as NPI
,uihvkbZ ds :i esa vkSj blds foykser% ekuk tk,xkA rFkkfi and vice versa. However, in respect of NPI preference
,uihvkbZ vf/kekuh 'ks;jksa ds laca/k esa tgka ykHkka'k dk Hkqxrku share where the dividend is not paid, the corresponding
ugha fd;k tkrk ogka rnuq:ih ØsfMV lqfo/kk dks ,uih, ugha ekuk credit facility is not treated as NPA.
tk,xk A
In case of securities i.e. bonds, debentures, etc. where
izfrHkwfr;ksa vFkkZr ckaM] fMcsapj vkfn ds ekeys esa] tgka m/kkjdrkZvksa the credit facilities are availed by the borrowers, the
}kjk _.k lqfo/kkvksa dk ykHk mBk;k x;k gS] izko/kku okbZVh,e ;k provision has been made on the basis of YTM or IRAC
vkbZvkj,lh ekunaM] tks Hkh vf/kd gks] ds vk/kkj ij fd;k x;k gSA norms whichever is higher.
4-9 fdlh Hkh Js.kh esa fuos'kksa dh fcØh ls gq, ykHk@gkfu dks ykHk o 4.9 Profit or loss on sale of investments in any category is
gkfu ys[ks esa fy;k tkrk gS ¯drq *ifjiDork rd j[ks x;s* Js.kh ds taken to Profit and Loss account but, in case of profit on
sale of investments in “Held to Maturity” category, an
fuos'kksa dh fcØh ls gq, ykHk ds ekeys esa mlds cjkcj dh jkf'k
equivalent amount (net of taxes and amount required
¼VSDl ?kVkdj rFkk lkafof/kd fjtoZ dks varfjr dh tkus okyh to be transferred to Statutory Reserve) is appropriated to
jkf'k½ *iwath izkjf{kr fuf/k* [kkrs esa fofu;ksftr dh tkrh gS A “Capital Reserve Account”.
4-10 okil [kjhn O;oLFkk ds vUrxZr iqu%[kjhnh@iqu% csph x;h 4.10 Securities repurchased/resold under buy back
izfrHkwfr;ksa dks mudh ewy ykxr ij fglkc esa fy;k tkrk gS A arrangement are accounted for at original cost.
4-11 fjiks@fjolZ fjiks ds varxZr csph o [kjhnh xbZ izfrHkwfr;ksa dks 4.11 The securities sold and purchased under Repo/
laik£'od m/kkj o m/kkjh ysu&nsuks ds rkSj ij fy;k tkrk Reverse Repo are accounted as Collateralized lending
gSA gkykafd lkekU; lh/kh fcØh@[kjhn ysu&nsu ds ekeys and borrowing transactions. However, securities are
transferred as in the case of normal outright sale/
esa izfrHkwfr;ksa dks varfjr fd;k tkrk gS rFkk izfrHkwfr;ksa dk purchase transactions and such movement of securities
,slk lapkyu fjiks@fjolZ fjiks ys[kksa dk iz;ksx djds vkSj izfr is reflected using the Repo/Reverse Repo Accounts and
izfof"V;ksa esa izn£'kr gksrk gSA mä izfof"V;k¡ ifjiDork frfFk ij Contra entries. The above entries are reversed on the
fjolZ gks tkrh gSA ykxr o jktLo dks C;kt O;;@vk; ekuk tkrk date of maturity. Costs and revenues are accounted
gS tSlk Hkh ekeyk gksA fjiks [kkrs esa 'ks"k dks vuqlwph 4 ¼m/kkjh½ rFkk as interest expenditure/income, as the case may be.
Balance in Repo Account is classified under schedule
fjolZ fjiks [kkrs esa 'ks"k dks vuqlwph 7 ¼cSad ds ikl 'ks"k rFkk ekax
4 (Borrowings) and balance in Reverse Repo Account
o vYi lwpuk ij izkIr jkf'k uksfVl½ ds varxZr j[kk tkrk gSA ;g is classified under Schedule 7 (Balance with Banks and
vkjchvkbZ ds lkFk ,y,,Q ij Hkh ykxw gksrk gSA Money at Call & Short Notice).The same is also applicable
to LAF with RBI.
4-12 O;qRiUUk ¼MsfjosfVOl½ ysu&nsu vFkok O;kikj vFkok izfrj{kk 4.12 The derivatives transactions are undertaken for trading
ds iz;kstu ls fd;s x;s gSaA O;kikfjd ysu&nsu ckt+kj ewY; ij or hedging purposes. Trading transactions are marked
gSA Hkkjrh; fjt+oZ cSad ds funsZ'kkuqlkj vnykcnyh dh fofHkUUk to market. As per RBI guidelines, different categories of
swaps are valued as under:-
Jsf.k;ksa dk fuEuor~ ewY;kadu fd;k x;k gS %
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cpko vnyk cnyh ¼gSt LoSi½ Hedge Swaps
C;kt nj vnyk&cnyh tks C;kt okgd vkfLr vFkok ns;rk dh Interest rate swaps with hedge interest bearing asset
izfrj{kk djrh gS] dks mip; vk/kkj ij ys[kkafdr fd;k tkrk or liability are accounted for on accrual basis except
gS] fdlh vkfLr vFkok ns;rk ds lkFk vfHkfgr vnykcnyh dks the swaps designated with an asset or liability that are
NksM+dj tks foÙkh; fooj.kh esa ckt+kj ewY; vFkok de dher ij carried at market value or lower of cost in the financial
fy;k tkrk gSA statement.
vnyk cnyh dh lekfIr ij ykHk o gkfu;ksa dh vnykcnyh dks Gain or losses on the termination of swaps are recognized
vYidkyhu cdk;k lafonkxr vofèk vFkok vkfLr@ns;rk dh 'ks"k over the shorter of the remaining contractual life of the
swap or the remaining life of the asset/ liabilities.
vof/k ij ekuk tkrk gSA
O;kikfjd vnyk cnyh ¼Vªs¯Mx LoSi½ Trading Swaps
O;kikfjd vnykcnyh dk ysu nsu foÙkh; foojf.k;ksa esa fjdkMZ Trading swap transactions are marked to market with
fd, x, ifjorZuksa lfgr ckt+kj ewY; ij fpfºur fd;k tkrk gS A changes recorded in the financial statements.
O;kikfjd mís';ksa ds fy, izfo"V fd, x, fofue; O;kikfjd Exchange Traded Derivatives entered into for trading
O;qRiUUkh] fofue; }kjk nh xbZ njksa ds vk/kkj ij izpfyr C;kt nj purposes are valued at prevailing market rates based
ij ewY;kafdr fd;k tkrk gS vkSj izkIr ykHkksa ,oa gkfu;ksa dks ykHk o on rates given by the Exchange and the resultant
gkfu ys[ks esa fy;k tkrk gS A gains and losses are recognized in the Profit and Loss
Account.
4-13 fons'kh eqæk fodYi% 4.13 Foreign Currency Options:
vU; cSad ds lkFk cSd Vw cSd dkUVªsDV ds :i esa cSad }kjk fd;k x;k Foreign currency options written by the bank with a
fons'kh eqæk fodYi ckt+kj ewY; ij ugha gS] D;ksafd blesa ckt+kj back-to-back contract with another bank are not marked
tksf[ke ugha gSA to market since there is no market risk.
izkIr izhfe;e dks ns;rk ds :i esa j[kk x;k gS vkSj ifjiDork@ Premium received is held as a liability and transferred to
fujLrhdj.k ij ykHk o gkfu ys[ks esa varfjr fd;k x;k gSA the Profit and Loss Account on maturity/cancellation.
5- _.k@vfxze vkSj blds fy, izko/kku 5. LOANS / ADVANCES AND PROVISIONS THEREON:
5-1 vfxzeksa dk oxhZdj.k vtZd vkSj vutZd vkfLr;ksa ds :i esa 5.1 Advances are classified as performing and non-
fd;k tkrk gS vkSj muds fy, Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr performing assets; provisions are made in accordance
foosdiw.kZ ekunaMksa ds vuqlkj izko/kku fd;k tkrk gSA with prudential norms prescribed by RBI.
¼,½ vfxzeksa dks m/kkjdrkZokj ekud] voekud] lansgkLin ,oa gkfu (a) Advances are classified: Standard, Sub Standard,
vkfLr ds :i esa oxhZÑr fd;k tkrk gSA Doubtful and Loss assets borrower wise.
(b) Advances are stated net of specific loan loss provisions,
¼ch½ vfxze fof'k"V _.k gkfu izko/kkuksa] iquxZfBr vfxzeksa ds mfpr ewY; provision for diminution in fair value of restructured
esa âkl ds fy, izko/kku dks ?kVkdj mYysf[kr gSA advances.
5-2 fons'kh dk;kZy;ksa ds laca/k esa _.kksa ,oa vfxzeksa dk oxhZdj.k vkSj 5.2 In respect of foreign offices, the classification of loans
,uih, ds fy, izko/kku LFkkuh; fofu;eksa ;k Hkk-fj-cSad ds ekudksa and advances and provisions for NPAs are made as
tks Hkh vf/kd l[r gkas] ds vuqlkj fd;k x;k gS A per the local regulations or as per the norms of RBI,
whichever is more stringent.
fons'kh 'kk[kkvksa esa j[ks _.k ,oa vfxzeksa tks olwyh ds fjdkMZ ds Loans and advances held at the overseas branches
vykok vU; dkj.kksa ds fy, estcku ns'k ds fofu;eksa ds vuqlkj that are identified as impaired as per host country
gkfu ds :i esa fpfºur gSa] ¯drq tks Hkkjrh; fjtoZ cSad ds ekStwnk regulations for reasons other than record of
recovery, but which are standard as per the extant
fn'kk&funsZ'kksa ds vuqlkj ekud gSa] estcku ns'k esa ekStwnk cdk;k
RBI guidelines, are classified as NPAs to the extent of
jkf'k dks ,uih, ds :i esa oxhZÑr fd;k tkrk gSA amount outstanding in the host country.
5-3 csph xbZ foÙkh; vkfLr;ksa dks fuEufyf[kr :i esa ekuk x;k gS% 5.3 Financial Assets sold are recognized as under:
396
d- ,llh@vkjlh dks csph xbZ foÙkh; vkfLr;ksa dh fcØh gsrq (a) For Sale of financial assets sold to SCs/RCs
i½ ;fn ,llh@vkjlh dks fcØh fuoy cgh ewY; ¼,uchoh½ ¼vFkkZr (i) If the sale to SCs/RCs is at a price below the Net Book
cgh ewY; esa ls izko/kku ?kVkdj½ ls uhps dh dher ij dh xbZ gS Value (NBV), (i.e. Book Value less provisions held), the
rks ml o"kZ deh ds ykHk o gkfu [kkrs ds ukes djuk pkfg, A cSad shortfall should be debited to the Profit & Loss account
,uih, dh fcØh ij vFkkZr~ tc fcØh fuoy cgh ewY; ls de dher of that year. Bank can also use counter cyclical / floating
ij dh xbZ gks rks ikbZ xbZ deh gsrq izfrpØh;@¶yks¯Vx izko/kku Hkh provisions for meeting the shortfall on sale of NPAs i.e.
dj ldrk gSA when the sale is at a price below the NBV.
ii½ ;fn fcdh fuoy cgh ewY; dh vis{kk mPp ewY; ij dh xbZ gS] rks (ii) If the sale is for a value higher than the NBV, Bank can
cSad bl o"kZ blds ykHk o gkfu ys[kksa esa izkIr jkf'k esa ls ,uih, reverse the excess provision on sale of NPAs to its profit
dh fcØh ij vfrfjä izko/kku okil ys ldrk gSA rFkkfi] cSad and loss account in the year, the amounts are received.
vfrfjä izko/kku ¼tc fcØh fuoy cgh ewY; dh vis{kk mPp ewY; However, Bank can reverse excess provision (when the
ij dh xbZ gS½ ,uih, dh fcØh ls rHkh fudky ldrk gS] dsoy sale is for a value higher than the NBV) arising out of sale
tc izkIr udnh ¼izkjfEHkd izfrQy vkSj@vFkok ,lvkj@ihVhlh of NPAs, only when the cash received (by way of initial
dh NwV ds ek/;e ls½ vkfLr;ksa dh ,uohih ls vf/kd gksA vkxs consideration and/ or redemption of SRs/ PTCs) is higher
vfrfjä izko/kku dk fjolZy vkfLr ds ,uchoh ij izkIr vfrfjä than the NBV of the asset. Further, reversal of excess
provision will be limited to the extent to which cash
udnh rd lhfer gksxkA
received exceeds the NBV of the asset.
[k- vU; cSad@,uch,Qlh@,QvkbZ bR;kfn dks fcØh dh xbZ foÙkh; (b) For Sale of financial assets sold to Other Banks/NBFCs/
vkfLr;ksa dh fcØh gsrq FIs etc.
i½ fuoy cgh ewY; ¼,uchoh½ ls de dher ij fcØh djus ds ekeys esa (i) In case the sale is at a price below the Net Book Value
vFkkZr~ cgh ewY; ls izko/kku ?kVk dj deh dks ml o"kZ ykHk o gkfu (NBV) i.e. Book Value less provision held, the shortfall
ys[kksa ds ukes Mkyuk pkfg, A should be debited to the Profit & Loss A/c of that year.
ii½ ;fn fcØh fuoy cgh ewY; ¼,uchoh½ ls vf/kd ewY; ij gS vFkkZr~ (ii) In case the sale is for a value higher than the Net Book
cgh ewY; ls izko/kku ?kVkdj] vfrfjä izko/kku izR;ko£rr ugha Value (NBV) i.e. Book Value less provision held, the
excess provision shall not be reversed but will be utilized
fd;k tk,xk ¯drq vU; xSj fu"ikfnr foÙkh; ifjlEifÙk;ksa dh
to meet the shortfall / loss on account of sale of other
fcØh ys[kksa ij gksus okyh deh@gkfu ik, tkus ij mldk mi;ksx Non Performing Financial Assets.
fd;k tk,xk A
iii½ ;fn fdlh Hkh fcØh ysunsu esa vfrfjä izko/kku vf/kd vkSj dqy (iii) In case there is overall surplus over and above the excess
vf/k'ks"k ls T;knk gS rks vf/k'ks"k jkf'k dks ykHk vkSj gkfu ys[kksa esa provision in any of the sale transaction that surplus
fy;k tk,xkA amount will be taken in the Profit & loss a/c.
5-4 iquxZfBr vkfLr;ka % 5.4 Restructured Assets:
vfxzeksa ds iqu% lajpuk@iqu%fu/kkZj.k ds ekeys esa Hkkjrh; fjt+oZ For restructured/rescheduled advances, provisions are
cSad ds le;≤ ij tkjh fn'kkfunsZ'kksa ds vuqlkj izko/kku fd;k made in accordance with guidelines issued by RBI from
time to time. Necessary provision for diminution in the
tkrk gSA iquxZfBr [kkrs ds mfpr ewY; esa âkl ds fy, vko';d
fair value of a restructured account is made.
izko/kku fd;k x;k gSA
The bank considered a restructured account as one
cSad ,d iquxZfBr [kkrk mls ekurk gS tgka cSad us m/kkjdrkZvksa where the bank, for economic or legal reasons relating
dh foÙkh; dfBukbZ;ksa ls lacaf/kr vk£Fkd vkSj fof/kd dkj.kksa gsrq to the borrower’s financial difficulty, grants concessions
m/kkjdrkZ dks fj;k;r nh gSA iqulZjpuk esa lkekU;r;k vfxzeksa@ to the borrower. Restructuring would normally involve
izfrHkwfr;ksa dh 'krks± esa la'kks/ku 'kkfey gksxk ftlesa vU; ds modification of terms of the advances / securities, which
vykok iquHkqZxrku vof/k@iquHkqZxrku jkf'k@fd'rksa dh jkf'k@ would generally include, among others, alteration of
repayment period / repayable amount/ the amount of
C;kt dh nj@_.k lqfo/kkvksa dk jksyk vksoj@vfrfjä _.k
installments / rate of interest / roll over of credit facilities
lqfoèkk dh LohÑfr@ekStwnk ØsfMV lhekvksa esa o`f)@leÖkkSrk tgka / sanction of additional credit facility / enhancement of
fuiVkjs dh jkf'k ds Hkqxrku ds fy, le; rhu eghus ls vfèkd existing credit limits / compromise settlements where
gks x;k gksA iquxZfBr [kkrs cSad }kjk dsoy iquxZBu iSdst ds time for payment of settlement amount exceeds three
vuqeksnu vkSj dk;kZUo;u ds i'Pkkr~ gh bl rjg oxhZÑr fd, months. Restructured accounts are classified as such by
tkrs gSaA the Bank only upon approval and implementation of the
restructuring package.
397
,uih, ds :i esa oxhZÑr ekud [kkrs ,oa cSad }kjk iqul±jpuk ij Standard accounts classified as NPA and NPA accounts
mlh Js.kh esa j[ks x, ,uih, [kkrs dsoy rHkh vixzsM fd, tkrs gSa retained in the same category on restructuring by the
bank are upgraded only when all the outstanding loan
tc [kkrs esa lHkh cdk;k _.k@lqfo/kk,a *fu£n"V vof/k* ds nkSjku / facilities in the account demonstrate ‘satisfactory
*larks"ktud izn'kZu* ¼vFkkZr] m/kkjdrkZ bdkbZ ls lEcaf/kr Hkqxrku performance’ (i.e., the payments in respect of borrower
dHkh Hkh cdk;k u gks½ izn£'kr djrh gSaA entity are not in default at any point of time) during the
‘specified period’.
^fu£n"V vof/k*dk eryc gS fd lek/kku ;kstuk ¼vkjih½ ds ‘Specified period’ means the period from the date of
implementation of Resolution plan (RP) up to the date
dk;kZUo;u dh frfFk ls ysdj ml frfFk rd dh vof/k tc
by which at least 20 percent of the outstanding principal
lekèkku ;kstuk ds vuqlkj cdk;k ewy/ku dk de ls de 20 debt as per the RP and interest capitalization sanctioned
izfr'kr vkSj iquxZBu ds fgLls ds :i esa LohÑr C;kt iwathdj.k] as part of the restructuring, if any, is repaid. Provided
;fn gS] pqdk;k tk pqdk gks | c'krsZ fu£n"V vof/k lek/kku ;kstuk that the specified period cannot end before one year
dh 'krks± ds rgr vf/kLFkxu dh lcls yach vof/k ds lkFk _.k from the commencement of the first payment of
interest or principal (whichever is later) on the credit
lqfo/kk ij C;kt ;k ewy/ku ¼tks Hkh ckn esa gks½ ds igys Hkqxrku ds facility with longest period of moratorium under the
'kq: gksus ls ,d o"kZ igys lekIr ugha gks ldrh gSA terms of RP.
cM+s ys[kksa ds fy, ¼vFkkZr ,sls [kkrs tgka m/kkjnkrkvksa dk dqy For the large accounts (i.e., accounts where the
tksf[ke 100 djksM+ #i;s vkSj mlls vf/kd gS½ vixzsM djus ,oa aggregate exposure of lenders is Rs 100 crore and above)
to qualify for an upgrade, in addition to demonstration
fu;e vuqlkj cukus rFkk larks"ktud dk;Zfu"iknu ds izfriknu of satisfactory performance, the credit facilities of the
ds vfrfjä cSad _.k js¯Vx ds mís'; ls fjt+oZ cSad }kjk ekU;rk borrower shall also be rated as investment grade (BBB-
izkIr lhvkj, }kjk fu/kkZfjr vof/k ds var rd m/kkjdrkZvksa dh or better) as at the end of the ‘specified period’ by CRAs
_.k lqfo/kk,a Hkh fuos'k xzsM ¼chchch& ;k csgrj½ ds :i esa vkadh accredited by the Reserve Bank for the purpose of bank
loan ratings. While accounts with aggregate exposure of
tk,axhA tcfd #-500 djksM+ vkSj mlls vf/kd ds dqy tksf[ke
Rs 500 crore and above shall require two ratings, those
okys ys[kksa dks nks js¯Vxksa dh vko';drk gksxh] #-500 djksM+ ls de below Rs 500crore shall require one rating. If the ratings
okys ys[kksa dks ,d js¯Vx dh vko';drk gksxhA ;fn js¯Vx lhvkj, are obtained from more than the required number of
dh vko';d la[;k ls vf/kd izkIr dh tkrh gSa] rks ,slh lHkh js¯Vx CRAs, all such ratings shall be investment grade to qualify
vixzsM djus ,oa fu;ekuqlkj djus ds fy, fuos'k xzsM gksxhA for an upgrade.
;fn fu£n"V vof/k ds nkSjku [kkrs }kjk larks"ktud izn'kZu ugha In case satisfactory performance during the specified
period is not demonstrated, the accounts, immediately
fd;k tkrk gS] rks rRdky bl [kkrs dks] iquxZBu ls igys ekStwn on such default, are reclassified as per the repayment
iquHkqZxrku vuqlwph ds vuqlkj iqu% oxhZÑr fd;k tkrk gSA ,sls schedule that existed before the restructuring. Any
ys[kksa ds fy, Hkfo"; esa vixzsM gksuk mlds ,d u, lek/kku ;kstuk future upgrade for such accounts would be contingent
ds dk;kZUo;u ,oa mlds larks"ktud izn'kZu ds Åij fuHkZj gksxkA on implementation of a fresh RP and demonstration of
satisfactory performance thereafter.
5-5 ,uih, ij oxhZÑr izko/kkuksa ds vfrfjä] Hkkjrh; fjtoZ cSad ds 5.5 In addition to the specific provision on NPAs, general
ekStwnk fn'kk&funsZ'kksa ds vuqlkj ekud vkfLr;ksa ds fy, fd;k provisions are also made for standard assets as per
x;k gS A ;s izko/kku rqyu&i=k dh vuqlwph 5 esa **vU; ns;rk,a o extant RBI Guidelines. These provisions are reflected
izko/kku & vU; ** 'kh"kZd ds varxZr izn£'kr fd;k tkrk gS vkSj in Schedule 5 of the Balance Sheet under the head
“Other Liabilities & Provisions – Others” and are not
fuoy ,uih, fudkyus ds fy, bl ij fopkj ugha fd;k tkrk gS A considered for arriving at the Net NPAs.
5-6 Hkkjrh; fjtoZ cSad ds fn'kk&funsZ'kksa ds vuqlkj xSj fu"ikfnr 5.6 In accordance with RBI guidelines, accelerated provision
vfxzeksa ds fy, Rofjr izko/kku fd;k x;k ftls cSad }kjk iwoZ esa is made on non-performing advances which were not
,l,e,&2 Js.kh ds varxZr lSUVªy fjiksftVjh vkWQ baQkesZ'ku earlier reported by the Bank as Special Mention Account
vkWu yktZ ØsfMV ¼lhvkjvkbZ,ylh½ dks fo'ks"k o£.kr [kkrs esa under “SMA-2” category to Central Repository of
Information on Large Credits (CRILC).
fjiksVZ ugha fd;k tkrk Fkk A
5-7 iwoZ o"kks± esa cV~Vs [kkrs _.kksa ds izfr olwy dh xbZ jkf'k vkSj 5.7 Amounts recovered against debts written-off in earlier
izkoèkkuksa dks m/kkjdrkZ dh orZeku fLFkfr ds ifjizs{;ks esa fopkj years and provisions no longer considered necessary in
the context of the current status of the borrower are
djuk vko';d ugha leÖkk x;k gS vkSj bls ykHk&gkfu ys[ks esa
recognized in the profit and loss account.
fy;k tkrk gS A
398
5-8 fdlh ns'k ,Dlikst+j ds fy, izko/kku 5.8 Provision for Country Exposure:
vkfLr oxhZdj.k fLFkfr ds vuqlkj fd, x, fof'k"V izko/kkuksa ds In addition to the specific provisions held according
vfrfjä fdlh ns'k ds ,Dlikst+jksa ¼vius ns'k ds vykok vU;½ to the asset classification status, provisions are also
made for individual country exposures (other than
ds fy, Hkh izko/kku fd;k x;k gS A ns'kksa dks lkr tksf[ke Jsf.k;ksa
the home country). Countries are categorized into
vFkkZr~ ekewyh] de] de e/;e] e/;e] mPp] cgqr mPp] izfrcaf/kr seven risk categories, namely, insignificant, low,
vkWQ+ ØsfMV esa oxhZÑr fd;k x;k gS vkSj izko/kku Hkkjrh; fjtoZ moderately low, moderate, moderately high, high
cSad ds ekStwnk fn'kk&funsZ'kksa ds vuqlkj fd;k x;k gS A izR;sd ns'k & very high and provisioning made as per extant RBI
ds ekeys esa ;fn cSad dk ns'k ,Dlikst+j ¼fuoy½ dqy foÙk iksf"kr guidelines. If the country exposure (net) of the Bank
vkfLr;ksa dh 1% ls vf/kd ugha gS rks ,sls ns'k ,Dltikst+j esa dksbZ in respect of each country does not exceed 1% of
the total funded assets, no provision is maintained on
izko/kku ugha fd;k tkrk gS A izko/kku rqyu i=k dh vuqlwph 5 esa
such country exposures. The provision is reflected in
^^vU; ns;rk,a ,oa izko/kku& vU;** ds varxZr izn£'kr fd;k tkrk Schedule 5 of the Balance Sheet under the “Other
gSA liabilities & Provisions – Others”.
5-9 Hkkjrh; daifu;ksa dh mi&vuq"kaxh laLFkkvksa ds lHkh ,DLikstj dk 5.9 An additional provision of 2% (in addition to country risk
izfrfuf/kRo djus okyh ekud vkfLr ds izfr 2% dk ,d vfrfjä provision that is applicable to all overseas exposures)
izko/kku~ ¼lHkh vksojlht ,DLikstjksa ij ykxw ns'k tksf[ke ds against standard assets representing all exposures to step
vfrfjä½ rkfd <kaps dh tfVyrk gksus ls mRiUUk vfrfjä tksf[ke down subsidiaries of Indian Corporates has been made
dks doj fd;k tk lds] fofHkUUk {ks=kkf/kdkj esa fofHkUUk e/;orh to cover the additional risk arising from complexity in the
laLFkkvksa dh vokfLFkfr gksus ls Hkkjrh; dEiuh vkSj mlls dkQh structure, location of different intermediary entities in
gn rd jktuSfrd vkSj fu;ked tksf[ke ds fy, cSad ,Dlikstj different jurisdictions exposing the Indian Company, and
gks ldrk gSA ¼vkjchvkbZ ifj-la- RBI@2015-16@279 DBR- hence the Bank, to a greater political and regulatory risk.
IBD-BC No- 68@23-37-001@2015&16 fnukad 31-12-2015½ ds (As per RBI Cir.No. RBI/ 2015.16/279 DBR. IBD.BC No. 68/
vuqlkj½ A 23.37.001/ 2015-16 dated 31.12.2015).
6- laifÙk] la;a=k] vkSj midj.k 6. PROPERTY, PLANT & EQUIPMENT:

6.1 Property, Plant & Equipment are stated at historical
6-1 ftu ifjljksa dk iquewZY;u gks pqdk gS mUgsa NksM+dj laifÙk] la;a=k]
cost less accumulated depreciation/amortization,
vkSj midj.k dks mudh ijEijkxr ykxr esa ls lafpr ewY;gzkl @
wherever applicable, except those premises, which
ifj'kks/ku dks ?kVkdj fn[kk;k tkrk gS iquewZY;u ij gqbZ o`f) dks have been revalued. The appreciation on revaluation
iquewZY;u izkjf{kr fuf/k esa esa tek fd;k tkrk gS vkSj iquewZY;u is credited to revaluation reserve and incremental
jkf'k ds dkj.k o`f)'khy ewY;gzkl dks mlesa ls de dj fn;k tkrk depreciation attributable to the revalued amount is
gSA deducted there from.
6-2 lkW¶Vos;j dks iwathÑr dj vewrZ vkWfLr;ksa ds lkFk tksM+ fn;k x;k 6.2 Software is capitalized and clubbed under Intangible
gS A assets.
6.3 Cost includes cost of purchase and all expenditure
6-3 [kjhnnkjh dh ykxr lfgr lHkh [kpsZ tSls lkbV rS;kjh] laLFkkiuk
such as site preparation, installation costs and
ykxr] iathdj.k ds le; rd vkfLr ij [kpZ dh x;h O;kolkf;d professional fees incurred on the asset till the
Qhl ykxr esa 'kkfey gSA vkfLr;ksa ij [kpZ fd, x, ifjorhZ [kpsZ time of capitalization. Subsequent expenditure/s
dsoy rHkh iwathÑr fd, tkrs gSa tc ,slh vkfLr;ksa ;k mudh incurred on the assets are capitalized only when it
dk;Z{kerk ls Hkfo"; ds ykHk esa o`f) gksrh gSA increases the future benefits from such assets or
their functioning capability.
6-4 ewY;gzkl 6.4 DEPRECIATION:
,- vkfLr;ksa ¼Hkwfe lfgr tgka dher vyx u dh tk ldrh gks½ ij A. Depreciation on assets (including land where value
ewY;gzkl ds fy;s izko/kku vkfLr dh izR;kf'kr vofèk ij lh/kh js[kk is not separable) is provided on straight-line method
based on estimated life of the asset, except in respect
i)fr ds vuqlkj fd;k tkrk gSA dE;wVjksa dks NksM+dj tgka bldh
of computers where it is calculated on the straight-line
x.kuk Hkkjrh; fjtoZ cSad }kjk fu/kkZfjr nj ij lh/kh js[kk i)fr
method, at the rates prescribed by RBI.
ls dh tkrh gSA
399
ch- ,slh vkfLr;ksa ij ewY;gzkl fuEufyf[kr njksa ij iznku fd;k x;k B. Depreciation on assets has been provided at the rates
gS % furnished below:-
fooj.k ewY;gzkl dh nj Particulars Rate of Depreciation
ifjlj PREMISES
iw.kZ LokfeRo okyh ¼Ýh gksYM½ laifÙk Freehold Properties
Hkwfe 'kwU; Land NIL
fuekZ.k ykxr ij iznku dh tkus okyh 2-5% ¼40 o"kZ lh/kh js[kk Depreciation to be provided on 2.5% (40 years
ewY;gzkl nj tgk¡ Hkwfe dh ykxr dks fof/k ;k 'ks"k vk;q tks Hkh Construction Cost where the Straight Line
vyx fd;k tkrk gS vkSj dqy ykxr ij de gks½ land cost is segregated and on Method or
tgka Hkwfe dh ykxr lqfuf'Pkr ugha dh tk total cost where the land cost is remaining life
ldrh vkSj mls vyx ugha fd;k tk ldrk not ascertainable and cannot be whichever is lower)
gSA segregated.
csfe;knh iV~Vs ij yh xbZ Hkwfe tgka iês dh 'kwU; Land acquired on perpetual NIL
vof/k dk mYys[k ugha gSA lease where no lease period is
mentioned
iV~Vs ij yh xbZ Hkwfe tgk¡ iV~Vs dh vof/k dk iV~Vs dh vof/k ij Land acquired on lease where Over lease period
mYys[k gS lease period is mentioned
Hkou Building
Ýh gksYM vkSj iV~Vs okyh Hkwfe ij fu£er] tgka 2.50% Constructed on free hold land 2.50%
iV~Vs dh vof/k 40 o"kZ ls vf/kd gSA and on leased land, where lease
period is above 40 years
iV~Vs okyh Hkwfe ij fu£er tgk¡ iV~Vs dh vof/k iV~Vs dh vof/k ij Constructed on leased land Over lease period
40 o"kZ ls de gSA where lease period is below 40
years.
ifjlj ds vfrfjä vpy vkfLr;ka FIXED ASSETS EXCEPT PREMISES
Q+uhZpj vkSj fQDlplZ & LVhy oLrq,a 5.00% Furniture and fixtures- Steel 5.00%
articles
Q+uhZpj vkSj fQDlplZ & ydM+h dh oLrq,a 10.00% Furniture and fixtures-wooden 10.00%
articles
xís 20.00% Mattresses 20.00%
eksckby Qksu midj.k 33.33% Mobile Phone Instruments 33.33%
e'khujh] fctyh dh vkSj fofo/k oLrq,a 15.00% Machinery, electrical and 15.00%
miscellaneous articles
eksVj&dkjsa ,oa lkbfdysa 15.00% Motor cars and cycles 15.00%
daI;wVj] ,Vh,e vkSj lacaf/kr oLrq,a] ySiVkWi] Computers, ATMs and related
items, laptop, i pad etc:-
vkbZiSM vkfn%&
Servers, Network, Equipment
loZj] usVodZ] midj.k vkSj Lopkfyr Vsyj 33.33% & Automated Teller Machines 33.33%
e'khusa ¼daI;wVj gkMZos;j ds vfHkUUk va'k (Including software forming
lkW¶+Vos;j lfgr½ an integral part of computer
hardware)
dk;kZy; dh #-25000-00 ls de jkf'k dh vpy laifÙk;ksa ¼deZpkfj;ksa dks Items of office fixed assets (excepts to staff) amount
NksM+dj½ vkSj@vFkok ftldh lkekU;r% vof/k vf/kxzg.k dh frfFk ls 12 less than Rs. 25000.00 and / or having useful life of less
than 12 months from the date of acquisition should be
eghus ls de gS] dks O;; ds :i esa ekuk tkuk pkfg,A
recognized as expense.
#- 25000-00 rd ds ,Iyhds'ku lkW¶Vos;j@vkWijs¯Vx flLVe@MsVk csl dh Cost of Application Software / Operating System /
ykxr ij jktLo izHkkfjr fd;k tkrk gSA Data base amounting upto Rs. 25000.00 are charged
to revenue.
400
lh- cSad ds vius ifjlj ds vfrfjä vkfLr;ksa ds u, ,fM'ku ij ftu C. Depreciation on fresh additions to assets other than
vkfLr;ksa dks mitksM+ esa yk;k tk jgk gS ewY;gzkl dh nj mlh fnu ls bank’s own premises is provided from the day in which
iznku dh tkrh gS vkSj o"kZ ds nkSjku csph xbZ@fuiVku dh xbZ vkfLr;ksa the assets are capitalized and in the case of assets sold/
ds ekeys esa ftl rkjh[k rd bls cspk@fuiVku fd;k tkrk gS vFkkZr disposed off during the year, up to the date in which it is
nSfud vk/kkj ij ewY;gzkl dh nj iznku dh tkrh gSA sold/ disposed off i.e. daily basis.
Mh- o"kZ ds var esa ekStwn cSad ds vius LokfeRo dsa ifjljksa ij ewY;gzkl iwjs D. The depreciation on bank’s own premises existing at the
o"kZ ds fy;s izHkkfjr fd;k x;k gS A fuekZ.k ykxr dks rHkh ewY;w~âkl close of the year is charged for full year. The construction
fd;k tkrk gS tc Hkou lHkh izdkj ls iwjk gks tkrk gSaA tgka Hkwfe cost is depreciated only when the building is complete
in all respects. Where the cost of land and building
vkSj Hkou dh ykxr dk vyx ls irk ugha yxk;k tk ldrk gS] cannot be separately ascertained, depreciation is
ogka ewY;wgzkl nj ij Hkou ij ykxw lexz ykxr ij iznku dh tkrh gSA provided on the composite cost, at the rate applicable
to buildings.
bZ- iV~Vk/kkfjr ifjljksa ds laca/k esa] iV~Vk izhfe;e ;fn dksbZ gks ] iV~Vs dh E. In respect of leasehold premises, the lease premium,
laiw.kZ vof/k ij ifj'kksf/kr gS vkSj iV~Vk fdjk;k lacaf/kr o"kks± esa izHkkfjr if any, is amortized over the period of lease and the
fd;k tkrk gS A lease rent is charged in the respective year(s).
,Q- iquewZY;u vkfLr;ksa ds ewY;gzkl dh nj iquewZY;kadu ds le; ewY;kadu F. The Revalued assets is depreciated over the balance
dh xbZ vkfLr;ksa ds 'ks"k mi;ksxh thou ds vk/kkj ij fuf'Pkr dh tkrh useful life of the asset as assessed at the time of
gSA revaluation.
7- vkfLr;ksa dh vilkekU;rk% 7. IMPAIRMENT OF ASSETS:
vkfLr;ksa dh ykxr {kerk esa vkarfjd@cká rF;ksa ds vk/kkj ij dksbZ The carrying costs of assets are reviewed at each Balance
vilkekU;rk fn[kkbZ iM+rh gS rks izR;sd rqyui=k frfFk dks lehf{kr Sheet date if there is any indication of impairment based
fd;k tkrk gSA on internal/external factors.
An impairment loss is recognized wherever the carrying
,d vilkekU; gkfu rHkh ekuh tkrh gS tgka dgh ,d vkfLr dh
cost of an asset exceeds its recoverable amount. The
j[kko ykxr bldh olwyh jkf'k ls T;knk gksrh gS A olwyh ;ksX; jkf'k
recoverable amount is the greater of the assets net
vkfLr dh fuoy fcØh dher vkSj mi;ksfxrk ewY; ls T;knk gksrh gSA
selling price and value in use. In assessing value in use,
mi;ksfxrk ewY; ds fu/kkZj.k esa] vuqekfur Hkkoh udnh izokg dj iwoZ the estimated future cash flows are discounted to their
NwV nj esa iz;qär mlds orZeku ewY; dks ?kVk;k tkrk gS tks ml le; present value using a pre-tax discount rate that reflects
èku ds orZeku cktkj ewY;j vkSj vkfLr ds oxhZÑr tksf[keksa dks n'kkZrk current market assessments of the time value of money
gSA and risks specific to the asset.
vilkekU;rk ds i'Pkkr] ;fn dksbZ gS]ewY;gzkl ls iw.kZ vkfLr ij blds After impairment, if any, depreciation is provided on
'ks"k mi;ksxh thou ds lalksf/kr j[kko ykxr ij iznku fd;k tkrk the revised carrying cost of the asset over its remaining
gSA useful life.
iwoZ esa gqbZ vilkekU;xrk gkfu ifjfLFkfr;ksa esa ifjorZu ds vk/kkj ij A previously recognized impairment loss is increased or
c<+rh ;k ?kVrh gSA reversed depending on changes in circumstances.
gkykafd] fjolZy ds i'Pkkr {kerk ewY; ml ewY; ls Åij ugha c<+rh gS However, the carrying value after reversal is not increased
ftls ;fn dksbZ vilkekU;krk ugha gqbZ gS rks lkekU;rk ewY;gzkl izHkkfjr beyond the carrying value that would have prevailed by
djds fd;k tkuk gSA charging usual depreciation if there was no impairment.
8- jkstxkj ykHk % 8. EMPLOYMENT BENEFITS:
Hkfo"; fuf/k% PROVIDENT FUND:
Hkfo"; fuf/k ,d lqifjHkkf"kr va'knku ;kstuk gS D;ksafd cSad iwoZ fuèkkZfjr Provident fund is a defined contribution scheme as
njksa ij fuf'Pkr va'knku dk Hkqxrku djrk gSA cSad dk nkf;Ro ,sls the Bank pays fixed contribution at pre-determined
fuf'Pkr va'knku rd lhfer gSA ;s va'knku ykHk o gkfu [kkrs esa izHkkfjr rates. The obligation of the Bank is limited to such fixed
fd, tkrs gSa A contribution. The contribution is charged to Profit & Loss
A/c.
401
minku% GRATUITY:
minku ns;rk ,d lqifjHkkf"kr ykHk nkf;Ro gS vkSj chekafdd ewY;kadu Gratuity liability is a defined benefit obligation and is
ds vk/kkj ij fn;k tkrk gS A ;g ;kstuk cSad }kjk foÙk iksf"kr gS vkSj ,d provided for on the basis of an actuarial valuation. The
vyx VªLV }kjk izcafèkr dh tkrh gSA scheme is funded by the bank and is managed by a
separate trust.
isa'ku% PENSION:
isa'ku ns;rk ,d lqifjHkkf"kr ykHk nkf;Ro gS vkSj chekafdd ewY;kadu Pension liability is a defined benefit obligation and is
ds vk/kkj ij nh tkrh gS A ;g ;kstuk cSad }kjk foÙk iksf"kr gS vkSj ,d provided for on the basis of an actuarial valuation. The
vyx VªLV }kjk izcafèkr dh tkrh gSA scheme is funded by the bank and is managed by a
separate trust.
cSad us mu lHkh vf/kdkjh@deZpkjh ftUgksaus 01-04-2010 dks ;k mlds The Bank operates a New Pension Scheme (NPS) for
ckn cSad TokbZu fd;k gS muds fy, ,d ubZ isa'ku ;kstuk ¼,uih,l½ all officers/ employees joining the Bank on or after
01.04.2010. As per the scheme, the covered employees
dk ifjpkyu fd;k gSA bl ;kstuk ds vuqlkj 11-11-2020 ls ik=k
contribute 10% of their basic pay plus dearness
deZpkjh cSad ls ewy osru vkSj egaxkbZ HkÙks dk 14% ds ;ksxnku ds lkFk
allowance to the scheme together with contribution
vius ewy osru vkSj egaxkbZ HkÙks dk 10% bl ;kstuk esa ;ksxnku djrs of 14% of their basic pay plus dearness allowance from
gSA lacaf/kr deZpkjh dh iathdj.k izfØ;k iwjh gksus rd] bu ;ksxnkuksa the Bank w.e.f. 11.11.2020. Pending completion of t h e
dks cjdjkj j[kk tkrk gSA cSad ,sls ok£"kd ;ksxnku dks ml o"kZ ds O;; registration procedures of the employees concerned,
ds :i esa ekU;rk nsrk gS ftlls os lacaf/kr gSaA LFkk;h lsokfuo`fÙk [kkrk these contributions are retained. The Bank recognizes
la[;k ¼ihvkj,,u½ izkIr gksus ij] lesfdr ;ksxnku jkf'k dks ,uih,l such annual contributions as an expense in the
VªLV esa varfjr dj fn;k tkrk gSA year to which they relate. Upon the receipt of the
Permanent Retirement Account Number (PRAN), the
consolidated contribution amounts are transferred to
the NPS Trust.
{kfriw£r vuqifLFkfr;ka% COMPENSATED ABSENCES:
lap;u ewY;kadu ds vk/kkj ij lafpr {kfriw£r vuqifLFkfr tSls Accumulating compensated absences such as Privilege
fo'ks"kkfèkdkj vodk'k ¼ih,y½ vkSj chekjh vodk'k ¼vuqiyC/k Leave (PL) and Sick Leave (including unavailed casual
vkdfLed vodk'k lfgr½ iznku dh tkrh gSA fo'ks"kkf/kdkj vodk'k leave) are provided for based on actuarial valuation. The
¼ih,y½ dh ;kstuk cSad }kjk foÙk iksf"kr gS vkSj ,d vyx VªLV }kjk scheme for Privilege Leave (PL) is funded by the Bank
izcaf/kr dh tkrh gSA and is managed by a separate trust.
OTHER EMPLOYEE BENEFITS:
vU; deZpkjh ykHk%
Other Employee Benefits such as Leave Fare Concession
vU; deZpkjh ykHk tSls NqV~Vh fdjk;k fj;k;r ¼,y,Qlh½]
(LFC), Silver Jubilee Award, etc. are provided for based
flYoj tqcyh vokMZ bR;kfn chekafdd ewY;kadu ds vk/kkj ij fn, tkrs
on actuarial valuation.
gSa A
In respect of overseas branches and offices, the benefits
tgka rd fons'k fLFkr 'kk[kkvksa vkSj dk;kZy;ksa dk laca/k gS in respect of employees other than those on deputation
izfrfu;qfä ij x, deZpkfj;ksa dks fn, x, ykHkksa ds vykok vU; lHkh are valued and accounted for as per laws prevailing in
ykHk mu ns'kksa esa ykxw dkuwuksa ds vuqlkj ewY;kafdr vkSj ys[kkafdr fd, the respective countries.
x, gSa A
9- fons'kh eqæk ls lacaf/kr ysunsuksa dk ifjorZu vkSj 9. TRANSLATION OF FOREIGN CURRENCY
TRANSACTIONS & BALANCES:
'ks"k%
fons'kh fofue; esa 'kkfey ysunsu ,,l 11 **fons'kh fofue; njksa esa Transactions involving foreign exchange are accounted
ifjorZu dk izHkko** ds vuqlkj ys[kkafdr fd, tkrs gSa A for in accordance with AS 11, “The Effect of Changes in
Foreign Exchange Rates”.
402
9-1 iwoZorhZ yanu 'kk[kkvksa ds vfxzeksa dks NksM+dj] ftudk Hkkjr esa 9.1 Except advances of erstwhile London branches which
varj.k dh frfFk dks ykxw fofue; njksa ds vk/kkj ij ifjorZu are accounted for at the exchange rate prevailing on
fd;k tkrk gS] Hkkjrh; fons'kh eqæk O;kikjh la?k ¼QsMkbZ½ ds the date of parking in India, all other monetary assets
ekxZfunsZ'ku ds vuqlkj rqyu i=k frfFk ij fofue; njksa ds vkèkkj and liabilities, guarantees, acceptances, endorsements
ij vU; lHkh ekSfæd vkfLr;ksa rFkk ns;rkvksa] xkjafV;ksa] LohÑfr;ksa] and other obligations are translated in Indian Rupee
i`"Bkaduksa o vU; nkf;Roksa dks lerqY; Hkkjrh; #i;s esa ifjo£rr fd;k equivalent at the exchange rates prevailing as on the
tkrk gSA Balance Sheet date as per Foreign Exchange Dealers’
Association of India (FEDAI) guidelines.
9-2 vpy vkfLr;ksa ftls ,frgkfld nj ij ys tk;k tkrk gS] ls brj xSj 9.2 Non-monetary items other than fixed assets which are
ekSfæd enksa dks ysu&nsu dh frfFk dks izHkkoh fofue; njksa ij ifjo£rr carried at historical cost are translated at exchange rate
fd;k tkrk gSA prevailing on the date of transaction.
9-3 cdk;k ok;nk fofue; LikWV o vxzsf"kr lafonkvksa dks Hkkjrh; fons'kh 9.3 Outstanding Forward exchange spot and forward
eqæk O;kikjh la?k }kjk vfèklwfpr nj ij rqyu i=k frfFk ij ifjo£rr contracts are translated as on the Balance Sheet date at
fd;k tkrk gS vkSj QyLo:i ifjorZu ij gq, ykHk@ gkfu dks ykHk o the rates notified by FEDAI and the resultant gain/loss on
gkfu [kkrs esa fn[kk;k tkrk gS A translation is taken to Profit & Loss Account.
fons'kh fofue; LikWV@ QkWjoMZ djkj@lkSnsa ¼epsZV o baVj cSad½] tks fd Foreign exchange spot/forward contracts/deals
Vªs¯Mx o ep±V gSt ds fy, iz;qä ugha fd, tkrs gSa rFkk ;s rqyu i=k dh (Merchant and Inter-bank) which are not intended for
frfFk rd cdk;k gksrs gSa] fofue; ykHk ij iquewZY;kadu izHkko dks gVkus trading/Merchant Hedge and are outstanding on the
Balance Sheet date, are reverse re-valued at the closing
ds fy, QsMkbZ ¼,QbZMh,vkbZ½ LikWV@ QkWjoMZ dj dh lekfIr ij fjolZ
FEDAI spot/forward rate in order to remove revaluation
iquewZY;kafdr gSA bl rjg ds QkWjoMZ ,Dlpsat vuqca/k dh 'kq#vkr esa
effect on exchange profit. The premium or discount
mRiUUk gksus okys izhfe;e ;k NwV dks vuqca/k dh vof/k ij C;kt O;; ;k
arising at the inception of such a forward exchange
vk; ds :i esa ifj'kksf/kr fd;k tkrk gSA
contract is amortized as interest expense or income over
the life of the contract.
9-4 vk; rFkk O;; dh ensa ysu&nsu dh rkjh[k dks izpfyr fons'kh fofue; 9.4 Income and expenditure items are accounted for at the
nj ij ys[kkafdr dh tkrh gSa A exchange rate prevailing on the date of transaction.
ekSfæd enksa ds fuiVku ij muls fHkUUk njksa ij mRiUUk fofue; varj Exchange differences arising on the settlement of
ftl ij os 'kq:vkr esa ntZ fd, x, Fks] ml vof/k ds fy, os mRiUUk monetary items at rates different from those at which
they were initially recorded are recognized as income
vk; ;k O;; ds :i esa ekus tkrs gSaA
or as expense in the period in which they arise.
Hkkoh eqæk O;kikj esa [kqyh fLFkfr ds fofue; njksa esa ifjorZu ds dkj.k
Gains/Losses on account of changes in exchange
[kkrs esa ykHk@gkfu nSfud vk/kkj ij fofue; lek'kksèku x`gksa ds lkFk rates of open position in currency futures trades are
fuiVk, tkrs gSa vkSj ,sls ykHk@gkfu dks ykHk o gkfu [kkrs esa fy;k tkrk settled with the exchange clearing house on daily
gS A basis and such gains/losses are recognized in the
Profit and Loss Account.
9-5 fons'kh 'kk[kk,a@virVh; cSa¯dx bdkb;ka % 9.5 Offices outside India / Offshore Banking Units:
¼i½ fons'kh 'kk[kk,a vkSj virVh; cSa¯dx ;wfuV ds ifjpkyuksa dks **xSj (i) Operations of foreign branches and off shore banking
lekdfyr fons'kh ifjpkyuksa** esa oxhZÑr fd;k x;k gS vkSj fons'k esa unit are classified as “Non-integral foreign operations”
izfrfuf/k dk;kZy;ksa ds ifjpkyuksa dks **lekdfyr fons'kh ifjpkyuksa and operations of representative offices abroad are
**ds :i esa oxhZÑr fd;k x;k gS A classified as “integral foreign operations”.
¼ii½ lekdfyr fons'k ifjpkyuksa ds fons'kh eqæk ysunsuksa dks vkSj xSj (ii) Foreign currency transactions of integral foreign
lekdfyr fons'kh ifjpkyuksa dks ys[kkadu ekud & 11 esa fn, x, operations and non-integral foreign operations are
fuèkkZj.k ds vuqlkj fd;k x;k gS A accounted for as prescribed by AS-11.
¼iii½ fofue; mrkj&p<+ko ds ifj.kkeLo:i xSj lekdfyr ifjpkyuksa ds (iii) Exchange Fluctuation resulting into Profit / loss of non-
ykHk @ gkfu dks fofue; mrkj&p<+ko izkjf{kr fuf/k esa tek @ ukes integral operations is credited /debited to Exchange
fd;k tkrk gS A Fluctuation Reserve.
403
10- vk; ij dj 10. TAXES ON INCOME
vk;dj O;; cSad }kjk fd, x, U;wure oSdfYid dj ¼,e,Vh½ orZeku Income tax expense is the aggregate amount of
dj rFkk vkLFkfxr dj O;; dh dqy jkf'k gksrk gSA vk;dj ,DV] 1961 current tax including Minimum Alternate Tax (MAT),
wherever applicable and deferred tax expense
rFkk ,dkma¯Vx LVSaMMZ 22 ds izko/kkuksa ds vuqlkj gh orZeku dj O;;
incurred by the Bank. The current tax and deferred
rFkk vkLFkfxr dj O;; dh x.kuk gksrh gSA fons'k esa fLFkr dk;kZy;ksa
tax are determined in accordance with the provisions
ij Hkqxrku fd, x, djksa dks 'kkfey djus ds ckn vk; ij dj ds fy, of the Income Tax Act, 1961 and as per Accounting
,dkma¯Vx dh tkrh gS tks fd lEcfUèkr {ks=kkf/kdkj ds dj fu;eksa ij Standard 22 - Accounting for Taxes on Income
vk/kkfjr gksrs gSaA respectively after taking into account taxes paid at
the foreign offices, which are based on the tax laws of
respective jurisdictions.
MAT credit is recognized as an asset only when and to
,e,Vh ØsfMV dks ,d ifjlaifÙk ds :i esa rHkh ekU;rk nh tkrh gS tc
the extend there is convincing evidence that there will
vkSj foLrkj ds fy, bl ckr ds iq[rk lcwr gksa fd vk;dj vf/kfu;e]
be payment of normal income tax during the period
1961 ds rgr fu£n"V vof/k ds nkSjku lkekU; vk;dj dk Hkqxrku fd;k specified under the income Tax Act, 1961,
tk,xkA
Deferred Tax adjustments comprises of changes in
vkLFkfxr dj o"kZ ds nkSjku vkLFkfxr dj vkfLr ;k ns;rkvksa esa the deferred tax assets or liabilities during the year.
ifjorZuks dks 'kkfey dj lek;kstu djrk gSA vkLFkfxr dj vkfLr o Deferred tax assets and liabilities are recognized by
ns;rk] orZeku o"kZ ds fy, ,dkma¯Vx vk; vkSj dj;ksX; vk; ds chp considering the impact of timing differences between
ds le; varjky ds izHkko dks /;ku esa j[krs gq, igpku dh tkrh gS vkSj taxable income and accounting income for the current
uqdlku dks vkxs ys tk;k tkrk gSA vkLFkfxr dj vkfLr o ns;rk dh year, and carry forward losses. Deferred tax assets and
x.kuk dj dh nj rFkk dj fu;eksa dk iz;ksx djdss tks fd rqyu i=k liabilities are measured using tax rates and tax laws
that have been enacted or substantively enacted
frfFk esa vf/kfu;fer ;k okLrfod vf/kfu;fer fd;k x;k gks] fd;k
at the balance sheet date. The impact of changes
tkrk gSA vkLFkfxr dj vkfLr o ns;rk esa ifjorZu dk izHkko ykHk o
in deferred tax assets and liabilities is recognized in
gkfu ys[kksa esa fn[kkbZ nsrk gSA vkLFkfxr dj vkfLr dks igpkuk tkrk the profit and loss account. Deferred tax assets are
gS rFkk izR;sd fjiks²Vx frfFk ij iqu% vkadk tkrk gS] tks izcU/ku dh recognized and re-assessed at each reporting date,
folEefr ij vk/kkfjr gksrh gS tSls fd mudh izkfIr ;Fkksfpr@okLro based upon management’s judgment as to whether
esa fuf'Pkr gksA their realization is considered as reasonably/virtually
certain.
11- izfr 'ks;j ij vk;% 11. Earnings per Share:
cSad dh izfr 'ks;j vk/kkjHkwr vk; fjiksVZ vkbZlh,vkbZ }kjk tkjh îzfr The Bank reports basic and diluted earnings per share
in accordance with AS 20 -‘Earnings per Share’ issued
'ks;j ij vk;* vkSj ,,l 20 ds vuqlkj gksrh gSA csfld vk; izfr 'ks;j
by the ICAI. Basic Earnings per Share are computed
dh x.kuk o"kZ ds fy, fo'ks"kdj bZfDoVh 'ks;j/kkjdksa dks VSDl ds ckn by dividing the Net Profit after Tax for the year
'kq) ykHk dks o"kZ ds cdk;k bZfDoVh 'ks;j dh vkSlru la[;k ls Hkkx attributable to equity shareholders by the weighted
djds izkIr dh tkrh gSA average number of equity shares outstanding for the
year.
izfr 'ks;j fMywVMs vk; laHkkfor fMY;w'ku dks n'kkZrk gS tks rc gks ldrk gS Diluted Earnings per Share reflect the potential dilution
that could occur if securities or other contracts to issue
tc bfDoVh 'ks;j tkjh djus ds fy, izfrHkwfr;ksa ;k vU; vuqcèa kksa dk iz;ksx
equity shares were exercised or converted during the
fd;k x;k ;k o"kZ ds nkSjku ifjo£rr fd;k x;kA izfr 'ks;j fMywVM s vk; year. Diluted Earnings per Share are computed using the
dh x.kuk bfDoVh 'ks;jksa dh Hkkfjr vkSlr la[;k vkSj o"kZ esa cdk;k laHkkfor weighted average number of equity shares and dilutive
bfDoVh 'ks;jksa dk mi;ksx djds dh tkrh gSA potential equity shares outstanding at year.
12- izko/kku] vkdfLed ns;rk;sa rFkk vkdfLed 12. Provisions, Contingent Liabilities and Contingent
vkfLr;k¡% Assets:
,,l 29 ds vuqlkj ^Hkkjrh; lunh ys[kkdkj laLFkku }kjk tkjh izkoèkku] In conformity with AS 29, “Provisions, Contingent
vkdfLed ns;rk,a rFkk vkdfLed vkfLr;k¡] cSad buds izko/kku dh Liabilities and Contingent Assets”, issued by the
igpku dsoy rHkh djrk gS tc iwoZ ?kVuk ds ifj.kkeLo#i orZeku Institute of Chartered Accountants of India, the Bank
nkf;Ro gks rFkk ftlds ifj.kker% lalk/kuksa dk lEHkkfor cfgxZeu gks recognises provisions only when it has a present
404
tks nkf;Ro dks fuiVkus ds fy, vk£Fkd ykHk ds fy, vko';d gks obligation as a result of a past event, and would
rFkk tc nkf;Ro dh fo'oluh; jkf'k vuqekfur dh tk ldrh result in a probable outflow of resources embodying
gksA economic benefits will be required to settle the
obligation, and when a reliable estimate of the
amount of the obligation can be made.
,d vkdfLed ns;rk iSls ds lanHkZ esa ,d laHkkfor ns;rk gS] tks A Contingent Liability is a potential liability, in terms of
vfuf'Pkr fof'k"V ?kVuk ds ifj.kke ds vk/kkj ij mRiUUk gks ldrh gSA money, which may arise depending on the outcome of
,d laHkkfor nkf;Ro tks Hkfo"; dh ?kVuk ds izdV gksus ds vk/kkj ij an uncertain specific event. A possible obligation which
may or may not arise depending on how a future event
mRiUUk gks Hkh ldrk gS vkSj ugha Hkh gks ldrk gS] mls vkdfLed nkf;Ro
unfolds has been recognized as Contingent Liability.
ds :i esa ekU;rk nh xbZ gSA
Further, the cases which although have been filed
blds vykok] tks ekeys cSad ds f[kykQ ntZ fd, x, gSa] ysfdu cSad ij against the bank, but possibility of any obligation arising
fdlh Hkh nkf;Ro ds mRiUUk gksus dh laHkkouk gS] os ekeys nwjLFk gSa]mUgsa upon the bank is those case is remote, have not been
vkdfLed ns;rk esa 'kkfey ugha fd;k x;k gSA construed and included in Contingent Liability.
foÙkh; fooj.kh esa vkdfLed vkfLr;ksa dh igpku ugha gksrh gSA Contingent Assets are not recognised in the financial
statements.
13- cqfy;u VªkatsD'ku% 13. Bullion Transactions:
cSad cqfy;u dk vk;kr djrk gS ftlesa xzkgdksa dks cspus ds fy, ,d The Bank imports bullion including precious
djkj ij vk/kkfjr cgqewY; esVy ckj 'kkfey gS A vk;kr cSd Vw cSd metal bars on a consignment basis for selling to its
customers. The imports are typically on a back-to-back
ij fo'ks"k #i ls vk/kkfjr gS rFkk xzkgd dks mldk ewY; lIyk;j
basis and are priced to the customer based on price
}kjk vafdr ewY; ij nsuk gksrk gSA bu cqfy;u VªkatsD'kuksa esa cSad 'kqYd
quoted by the supplier. The Bank earns a fee on
v£tr djrk gS A 'kqYd dks deh'ku vk; ds varxZr oxhZÑr fd;k tkrk such bullion transactions. The fee is classified under
gSA cSad xksYM dks tek o ml ij _.k nsrk gS ftls C;kt O;;@vk; dh commission income. The Bank also accepts deposits
rjg C;kt Hkqxrku ekeys ds vk/kkj ij oxhZd`r tekjkf'k @ m/kkj dh and lends gold, which is treated as deposits/advances
rjg is'kd'k fd;k tkrk gS A as the case may be with the interest paid / received
classified as interest expense/income.
14- [kaMokj fjiks²Vx% 14. Segment Reporting:
cSad] vkjchvkbZ fn'kkfunsZ'kksa ds vuqlkj rFkk vkbZlh,vkbZ The Bank recognizes the Business segment as the Primary
}kjk tkjh ,dkma¯Vx LVSaMMZ 17 dh vuqikyuk esa fctusl [kaMksa dh reporting segment and Geographical segment as the
igpku izkFkfed fjiks²Vx [kaM rFkk HkkSxksfyd [kaM dks lsdsaMjh fjiks²Vx Secondary reporting segment, in accordance with the
RBI guidelines and in compliance with the Accounting
[kaM ds #i esa djrk gSA
Standard 17 issued by ICAI.
15- 7 vizSy] 2016 dks vkjchvkbZ ifji=k la- FIDD.CO.Plan.BC.23/ 15. The Bank, in accordance with RBI Circular FIDD.CO.Plan.
04.09.01/ 2015-16 ds vuqlkj cSad] ih,l,ylh dk foØ; ;k Ø; BC.23/ 04.09.01/ 2015-16 dated April 7, 2016, trades in
dj izkFkfedrk {ks=k ds iksVZQksfy;ks esa O;kikj djrk gSA bu ysunsu esa Priority Sector portfolio by selling or buying PSLC. There
tksf[keksa ;k _.k vkfLr;ksa dk dksbZ varj.k ugha gSA ih,l,ylh dh is no transfer of risks or loan assets in these transactions.
[kjhn ds fy, Hkqxrku fd;k x;k 'kqYd Ô;;*ds :i esa ekuk tkrk gS The fee paid for purchase of the PSLC is treated as an
vkSj ih,l,ylh dh fcØh ls izkIr 'kqYd dks ^vU; vk;*ds :i esa ekuk ‘Expense’ and the Fee received from sale of PSLCs is
tkrk gSA treated as ‘Other Income’.
16- udn vkSj udn rqY; 16. CASH & CASH EQUIVALENTS
udn vkSj udn rqY; esa vkjchvkbZ ds ikl udn vkSj 'ks"k] cSadksa ds lkFk Cash and cash equivalents include Cash and Balances
with RBI, Balances with Banks and money at call and
'ks"k vkSj ekax ,oa vYi lwpuk ij ns; jkf'k 'kkfey gSA
short notice.
405
ys[kksa ij fVIif.k;ka NOTES TO ACCOUNTS
1- lesfdr foÙkh; fooj.k rS;kj djus esa 05 lgk;d daifu;ksa vkSj 15 1. The 05 Subsidiaries and 15 Associates (which along with
,lksfl,V~l ¼tks iatkc uS'kuy cSad ds lkFk] ewy] lewg dk xBu Punjab National Bank, the parent, constitute the Group) are
djrs gSa½ ij fopkj fd;k tkrk gS(tks fuEukuqlkj gS% considered in the preparation of the consolidated financial
statements are as under:
¼ % esa½
(in %)
dks oksfVax ikoj % Voting power
Ø- fuxeu ds :i esa /kkfjr % Sl. Name of the Subsidiary Country of held as at
lgk;d daiuh dk uke
lans'k No. Company incorporation Current Previous
pkyw o"kZ xr o"kZ Year Year
1- ih,uch fxYV~l fyfeVsM 1
Hkkjr 74-07 74-07 1. PNB Gilts Limited1 India 74.07 74.07
2- ih,uch bUosLVesaV l£olst Hkkjr 100-00 100-00 2. PNB Investment Services India
fyfeVsM 100.00 100.00
Ltd.
3- ih,uch dkM~lZ ,aM Hkkjr 100-00 100-00 3. PNB Cards and Services India
100.00 100.00
l£olst fyfeVsM2 Ltd.2
4- iatkc uS'kuy cSad ;wukbVsM 100-00 100-00 4. Punjab National Bank United
$ (International) Ltd.UK$ Kingdom 100.00 100.00
¼baVjus'kuy½ fyfeVsM ;wds ¯dxMe
5- Mªd ih,uch cSad fyfeVsM HkwVku 51-00 51-00 5. Druk PNB Bank Ltd. Bhutan
Bhutan 51.00 51.00
HkwVku
$
ih,uch lewg ds lesfdr foÙkh; fooj.k rS;kj djrs le; xSj&ys[kkijhf{kr $
Un-Audited Financials have been taken while preparing consolidated
financial statements of PNB group.
foÙkh; fooj.k fy;k x;k gSA
1
daiuh ds foÙkh; fooj.k daiuh vf/kfu;e] 2013 ds rgr Hkkjr ds fu;a=kd 1
The financial statements of the company is subject to Supplementary Audit
,oa egkys[kk ijh{kd }kjk iwjd ys[kk ijh{kk vkSj mudh fjiksVZ dh izkfIr ds by the Comptroller & Audit General of India, under the Companies Act,
2013 and receipt of their report.
v/khu gSaA
2
ih,uch dkM~lZ ,aM l£olst fyfeVsM ¼ÞdaiuhÞ½ ftldk lhvkbZ,u la-u- 2
PNB Cards & Services Limited (“the Company”) having CIN No.
74999DL2021PLC378579 gS] dks 16 ekpZ] 2021 dks LFkkfir dh xbZA daiuh U74999DL2021PLC378579, was incorporated on 16th March, 2021. The first
financial year of the company is from 16th March, 2021 to 31st March 2022
dk igyk foÙkh; o"kZ 16 ekpZ] 2021 ls 31 ekpZ 2022 rd gS vkSj ckn dk foÙkh; and subsequent financial year shall commence from 01st April and close on
o"kZ 1 vizSy ls 'kq: gksdj vxys o"kZ ds 31 ekpZ dks lekIr gksxkA 31st March of next year.
2- lesfdr foÙkh; fooj.kksa esa 'kkfey fd, x, lg;ksxh 2. Associates considered in consolidated financial
fuEukuqlkj gSa% statements are as under:
¼% esa½ (in %)
dks LokfeRo Proportion of
Ø- izfr'kr ds :i esa Country ownership
Sl. Associates of incor- percentage as at
lg;ksxh fuxeu ns'k No.
la- vuqikr poration Current Previous
1- ih,uch esVykbQ bafM;k Hkkjr 30-00 30-00 1. PNB Metlife India India 30.00 30.00
ba';ksjsal daiuh fyfeVsM$* Insurance Company Ltd$*
2- ih,uch gkm¯lx Qkbusal Hkkjr 32-57 32-65 2. PNB Housing Finance India 32.57 32.65
fyfeVsM Limited
3- ts,llh ¼Vsaxjh cSad½] vYekVh] dtkfdLrku 41-64 41-64 3. JSC (Tengri Bank), Kazakh- 41.64 41.64
Almaty, Kazakhstan$** stan
dtkfdLrku$**
4- dsujk ,p,lchlh vksfj,aVy Hkkjr 23-00 23-00 4. Canara HSBC Oriental India 23.00 23.00
cSad vkWQ dkWelZ ykbQ Bank of Commerce Life
Insurance Co. Ltd.
ba';ksjsal daiuh fyfeVsM
5- Hkkjr ,l,ebZ vkfLr Hkkjr 20-90 20-90 5. India SME Asset India 20.90 20.90
iqu£uekZ.k daiuh fyfeVsM$ Reconstruction Co. Ltd.$
6- ,ojsLV cSad fyfeVsM $*** usiky 20-03 20-03 6. Everest Bank Ltd.$*** Nepal 20.03 20.03
nf{k.k fcgkj xzkeh.k cSad] 7. Dakshin Bihar Gramin India 35.00 35.00
7- Hkkjr 35-00 35-00 Bank, Patna$
iVuk$
406
dks LokfeRo Proportion of
Country ownership
Ø- izfr'kr ds :i esa Sl. Associates of incor- percentage as at
lg;ksxh fuxeu ns'k No.
la- vuqikr poration Current Previous
fgekpy izns'k xzkeh.k cSad] 8. Himachal Pradesh India 35.00 35.00
8- Hkkjr 35-00 35-00 Gramin Bank, Mandi.
eaMh
9. Punjab Gramin Bank, India 35.00 35.00
9- iatkc xzkeh.k cSad] diwjFkyk Hkkjr 35-00 35-00 Kapurthala
loZ gfj;k.kk xzkeh.k cSad] 10. Sarva Haryana Gramin India 35.00 35.00
10- Hkkjr 35-00 35-00 Bank, Rohtak
jksgrd
11- izFkek ;wih xzkeh.k cSad] Hkkjr 35-00 35-00 11. Prathama UP Gramin India 35.00 35.00
eqjknkckn Bank, Moradabad
12- vle xzkeh.k fodkl cSad] Hkkjr 35-00 35-00 12. Assam Gramin Vikas India 35.00 35.00
xqokgkVh Bank, Guwahati
13- caxh;k xzkeh.k fodkl cSad] Hkkjr 35-00 35-00 13. Bangiya Gramin Vikas India 35.00 35.00
¼if'pe caxky½ Bank, (West Bengal)
14. Manipur Rural Bank, India 35.00 35.00
14- ef.kiqj xzkeh.k cSad] baQky Hkkjr 35-00 35-00 Imphal
15. Tripura Gramin Bank, India 35.00 35.00
15- f=kiqjk xzkeh.k cSad] vxjryk Hkkjr 35-00 35-00 Agartala
$
ih,uch lewg ds lesfdr foÙkh; fooj.k rS;kj djrs le; xSj&ys[kkijhf{kr foÙkh; fooj.k $
Un-Audited Financials have been taken while preparing consolidated
fy;k x;k gSA financial statements of PNB group.
*
ih,uch us czkaM bfDoVh ds :i esa 700-48 #i;s ds 'ks;j ij ih,uch esVykbQ esa 30% fgLlsnkjh *PNB has acquired 30% stake in PNB Metlife at consideration of Rs. 700.48
dk vf/kxzg.k fd;k gSA as brand equity.
**
,,Qvkj us 18-09-2020 ls izHkkoh ts,llh Vsaxjh cSad dk ykblsal fjoksd dj fn;k vkSj ;g **AFR revoked license of JSC Tengri Bank w.e.f. 18.09.2020 and is under
ifjlekiu ds v/khu gSA- Liquidation.
***
,ojsLV cSad fyfeVsM vius iSjsaV cSad ls fHkUUk ys[kk o"kZ dk vuqlj.k djrk gSA ***Everest Bank Ltd. Follows accounting year different from that of the
parent.
3-1 vkjf{kr iwath 3.1 Capital Reserve
¼jkf'k djksM+ #i;s esa½ (Amount in Rs Crore)
fooj.k pkyw o"kZ xr o"kZ Particulars Current Previous

Year Year
lesdu ij vkjf{kr iwath ¼fuoy½ 74-21 74-21 Capital Reserve on Consolidation (Net) 74.21 74.21
3-2 LFkk;h ckaM@v/khuLFk _.k fV;j I vkSj fV;j II iwath ds 3.2 Perpetual bonds/sub-ordinated debt raised as Tier I and
:i esa o£èkr jkf'k% Tier II Capital:
¼jkf'k djksM+ #i;s esa½ (Amount in Rs Crore)

fooj.k pkyw o"kZ xr o"kZ Current Previous
Particulars
Year Year
o"kZ ds nkSjku v/khuLFk _.k U;wure 2012-63 3994-00 Amount of sub-ordinated debt raised 2012.63 3994.00
fV;j&II iwath ds :i esa o£/kr jkf'k as Lower Tier-II Capital during the
period
o"kZ ds nkSjku v/khuLFk _.k vf/kdre 0-00 0-00 Amount of sub-ordinated debt raised 0.00 0.00
fV;j&II iwath ds :i esa o£/kr jkf'k as Upper Tier-II Capital during the
period
o"kZ ds nkSjku fV;j&I iwath ds :i esa 0-00 0-00 Amount of perpetual bonds raised as 0.00 0.00
cseh;knh ckW.M dh o£/kr jkf'k Tier-I Capital during the period
407
3-3 cSad lewg dk iwath i;kZIrrk vuqikr ¼csly III ds vuqlkj½ 3.3 The capital adequacy ratio (as per Basel III) of the bank
fuEukuqlkj gS% group is as under:
¼jkf'k djksM+ #i;s esa½ (Amount in ` Crore)
Particulars
No. Year Year
i½ lkekU; bfDoVh fV;j 1 iwath i) Common Equity Tier 1 capital
¼lhbZVh 1½ ¼dVkSrh dk fuoy] 64911.43 67096.61 (CET 1) (net of deductions, if any) 64911.43 67096.61
;fn dksbZ gks½
ii½ vfrfjä fV;j 1 iwath 7285.67 5619.80 ii) Additional Tier 1 capital 7285.67 5619.80
iii½ fV;j 1 iwath ¼i $ ii½ 72197.10 72716.41 iii) Tier 1 capital (i + ii) 72197.10 72716.41
iv½ fV;j 2 iwath 16943.49 17505.40 iv) Tier 2 capital 16943.49 17505.40
v½ dqy iwath ¼fV;j 1$fV;j 2½ 89140.59 90221.81 v) Total capital (Tier 1+Tier 2) 89140.59 90221.81
vi½ dqy tksf[ke Hkkfjr vfLr;ka vi) Total Risk Weighted Assets
611984.12 616351.57 611984.12 616351.57
¼vkjMCY;w,½ (RWAs)
vii½ lhbZVh 1 vuqikr ¼lhbZVh 1 vii) CET 1 Ratio (CET 1 as a
10.61% 10.89% percentage of RWAs) 10.61% 10.89%
vkjMCY;w, ds izfr'kr ds :i es½a
viii½ fV;j 1 vuqikr ¼Vh;j 1 iwath viii) Tier 1 Ratio (Tier 1 capital as a
11.80% 11.80% percentage of RWAs) 11.80% 11.80%
vkjMCY;w, ds izfr'kr ds :i esa½
ix½ fV;j 2 vuqikr ¼fV;j 2 iwath ix) Tier 2 Ratio (Tier 2 capital as a
2.77% 2.84% 2.77% 2.84%
vkjMCY;w, ds izfr'kr ds :i esa½ percentage of RWAs)
x½ iwath ds tksf[ke Hkkfjr vkfLr;ksa x) Capital to Risk Weighted Assets
dk vuqikr ¼lhvkj,vkj½ ¼dqy Ratio (CRAR) (Total Capital as a
14.57% 14.64% 14.57% 14.64%
iwath vkjMCY;w, ds izfr'kr ds percentage of RWAs)
:i esa½
xi½ _.k&Hkkfjr vuqikr 4.31% 4.52% xi) Leverage Ratio 4.31% 4.52%
uksV% lhbZVh I iwath esa 9268-29 djksM+ #i;s dh lekesyu vkjf{kr fuf/k Note: CET I Capital includes Amalgamation Reserve Rs. 9268.29
'kkfey gSA Crores.
vkjchvkbZ us vius ifji=k la- DBR.No.BP.BC-83@21-06- RBI vide circular no. DBR.No.BP.BC.83/21.06.201/2015-16
201@2015&16 fnukad 1 ekpZ] 2016 ds ek/;e ls lhbZVh&1 iwath dated 1st March, 2016 has given discretion to banks to consider
vuqikr ds :i esa iwath i;kZIrrk dh x.kuk ds mís'; ls cSadksa dks vkjf{kr Revaluation Reserve, Foreign Currency Translation Reserve
fuf/k ds iquewZY;u] fons'kh eqæk Vªkalys'ku fjtoZ vkSj vkLFkfxr dj and Deferred Tax Asset for purpose of computation of Capital
vkfLr;ksa ij fopkj djus ds fy, foosdkf/kdkj fn;k gS A cSad us mijksä Adequacy as CET-1 capital ratio. The Bank has exercised the
x.kuk esa bl fodYi dk iz;ksx fd;k gSA option in the above computation.
4. Disclosures required by Accounting Standards
4- ys[kk ekudksa }kjk visf{kr izdVhdj.k
4.1 Accounting Standard 5 – Net Profit or Loss for the Period,
4-1 ys[kk ekud 5 & vof/k ds fy, fuoy ykHk ;k gkfu] iwoZ Prior Period items and Change in Accounting Policies
vof/k dh ensa vkSj ys[kk uhfr;ksa esa ifjorZu
During the Current and Previous year there were no material
pkyw vkSj xr o"kZ ds nkSjku ys[kk ekud 5 ds rgr izdVhdj.k dh prior period income/expenditure items requiring disclosure
vko';drk okyh dksbZ okLrfod iwoZ vof/k vk;@O;; ensa ugha FkhaA under Accounting Standard 5.
31 ekpZ] 2022 dks lekIr o"kZ ds fy, foÙkh; ifj.kke mUgha ys[kkadu The financial results for the year ended March 31, 2022 have
uhfr;ksa vkSj izFkkvksa dk ikyu djrs gq, rS;kj fd, x, gSa] ftudk ikyu been prepared following the same Accounting Policies and
31 ekpZ] 2021 dks lekIr o"kZ ds fy, ok£"kd foÙkh; fooj.kksa esa fd;k practices as those followed in the annual financial statements
x;k Fkk] dsoy lk[k i=k vkSj cSad xkjaVh ij deh'ku dh ekU;rk dks for the year ended March 31, 2021, except recognition of
NksM+dj] 01 vizSy] 2021 ls] lk[k i=k vkSj cSad xkjaVh ij deh'ku dks commission on Letter of Credit and Bank Guarantee. With
vc rd izkfIr ds vk/kkj ij dh xbZ LohÑfr dh rqyuk esa ml vof/k ds effect from April 01, 2021, the commission on Letter of Credit
408
fy, v£tr jktLo ds :i esa ekU;rk nh xbZ gSA ys[kkadu uhfr esa bl and Bank Guarantee is recognised as revenue to the extent
ifjorZu ds ifj.kkeLo:i 31 ekpZ] 2022 dks lekIr frekgh ds fy, dj accrued for the period as against recognition done on receipt
iwoZ ykHk esa ` 11-67 djksM+ vkSj 31 ekpZ] 2022 dks lekIr o"kZ ds fy, ` basis hitherto. This change in accounting policy has resulted in
207-64 djksM+ dh deh gqbZ gSA decrease in profit before tax by `11.67 Crore for quarter ended
March 31, 2022 and by `207.64 Crore for year ended March
31, 2022.
¼fiNys o"kZ% 31 ekpZ] 2021 dks lekIr o"kZ ds fy, foÙkh; ifj.kke (Previous year: The financial results for the year ended March
ys[kkadu uhfr;ksa vkSj dk;Ziz.kkfy;ksa dk ikyu djrs gq, rS;kj fd;k 31, 2021 was prepared following the Accounting Policies and
x;k Fkk] tSlk fd 31 ekpZ] 2020 dks lekIr o"kZ ds fy, ,uih, ys[kksa esa practices as those followed in the annual financial statements
olwyh ds fofu;ksx dks NksM+dj] ok£"kd foÙkh; fooj.kksa esa ikyu fd;k for the year ended March 31, 2020, except appropriation of
recoveries in NPA accounts. After March 31, 2020, the Bank has
x;k FkkA 31 ekpZ] 2020 ds ckn] cSad us viuh ,uih, ys[kksa esa olwyh ds
changed its accounting policy for appropriation of recovery in
fofu;ksx ds fy, viuh ys[kk uhfr dks olwyh ds fofu;ksx dh iwoZorhZ NPA accounts from the earlier policy of appropriating recovery
uhfr ftles igys izHkkjksa ds fo#) olwyh fQj ewy vfxze jkf'k rFkk @ first against charges recorded then principal advance amount
vekU; vk; fou;ksftr dh tkrh Fkh] dks ubZ uhfr ds izfrLFkkiu dj and balance towards recorded/derecognized income, to
fn;k gS ftlls igys izHkkjksa ds fo#) olwyh fQj ewy ds fo#) ntZ the new policy of appropriation of recovery first against the
C;kt@ vekU; C;kt rFkk 'ks"k jkf'k fofu;ksftr dh tk,xhA ys[kkadu charges recorded, followed by recorded interest/derecognized
uhfr esa bl ifjorZu ds ifj.kkeLo:i 31 ekpZ] 2021 dks lekIr o"kZ esa interest and balance against the principal. This change in
dj iwoZ ykHk esa `611-97 djksM+ rd dh o`f) gqbZ gS½A accounting policy has resulted in increase in profit before tax by
Rs.611.97Crore for year ended March 31, 2021).
4.2 Accounting Standard 9 - Revenue Recognition
4-2 ys[kk ekud 9 & jktLo igpku
The income which has been accounted for on realization basis is
ftl vk; dks olwyh ds vk/kkj ij ys[kkafdr fd;k x;k gS] mls
not considered to be material. (Previous year: The income which
egRoiw.kZ ugha ekuk x;k gSA ¼fiNyk o"kZ% ftl vk; dks olwyh ds vk/kkj
has been accounted for on realization basis is not considered to
ij ys[kkafdr fd;k x;k gS] mls egRoiw.kZ ugha ekuk x;k gSA½ be material).
4-3 ys[kk ekud 10 & laifÙk] la;a=k vkSj midj.kA 4.3 Accounting Standard 10 – Properties, Plant and
Equipment.
vkfLr ds izR;sd oxZ ds fy, vof/k@foÙk o"kZ gsrq dqy ewY;gzkl dk Break-up of total depreciation for the period/ FY for each class
czsd&vi of assets
¼jkf'k ` djksM+ esa½ (Amount in Rs Crore)
fooj.k ¼ vkfLr dk oxZ ½ pkyw o"kZ xr o"kZ Current Previous
Particulars (Class of Assets)
Year Year
ifjlj 178-60 159-07 Premises 178.60 159.07
vU; vpy laifÙk 581-68 673-35 Other fixed assets 581.68 673.35
iV~VkÑr ifjlaifÙk;ka 0-01 0-01 Leased assets 0.01 0.01
daI;wVj lkW¶Vos;j 135-88 149-80 Computer software 135.88 149.80
dqy 896-17 982-23 Total 896.17 982.23
4-4 ys[kk ekud 11& fons'kh fofue; njksa esa ifjorZu ds 4.4 Accounting Standard 11- The effects of Changes in Foreign
izHkko% Exchange rates:
fofue; c<+ p<+ vkjf{kr fuf/k dk lapyu Movement of Exchange Fluctuation Reserve
¼jkf'k ` djksM+ esa½ (Amount in Rs Crore)
fooj.k pkyw o"kZ xr o"kZ Particulars Current Previous
Year Year
izkjafHkd tek 917-05 823-79 Opening Balance 917.05 823.79
ykHk vkSj gkfu ys[kk esa ifjorZu ds dkj.k 69-24 118-55 Addition/Deduction during the FY due 69.24 118.55
foÙkh; o"kZ ds nkSjku tksM+@dVkSrh to change in Profit & Loss account
vkfLr vkSj ns;rkvksa ds Vªkalys'ku ds 21-81 &25-29 Addition/Deduction during the FY due to 21.81 -25.29
dkj.k foÙkh; o"kZ ds nkSjku tksM+@dVkSrh translation of Assets & Liabilities
vafre 'ks"k 1008-10 917-05 Closing Balance 1008.10 917.05
409
4-5 ys[kk ekud 15 ¼la'kksf/kr½ & deZpkjh ykHk ¼ewy daiuh½%
ys[kk ekud&15 ¼vkj½ ds vuqlkj izdVhdj.k%

ys[kkadu uhfr ds vuq:i rFkk ys[kk ekud & 15 ¼vkj½ ds vuqlkj] jkstxkj ds ykHkksa dh laf{kIr fLFkfr fuEukuqlkj gS%
,- ifjHkkf"kr ykHk ;kstuk,a
rkfydk I & iz/kku chekafdd ekU;rk rFkk bu ekU;rkvksa dk vk/kkj
chekafdd ekU;rk
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
cV~Vk nj 7.20% 6.85% 6.95% 6.55% 6.95% 6.55%
;kstukxr vkfLr;ksa ij laHkkfor ykHk 7.20% 6.85% 6.95% 6.55% 6.95% 6.55%
osru esa o`f) dh nj 6.00% 6.00% 6.00% 6.00% 6.00% 6.00%
egaxkbZ jkgr dh o`f) nj 5.80% 5.80% - - - -
iyk;u nj 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
¼lHkh jkf'k;ka djksM+ esa½

rkfydk II & nkf;Ro ds orZeku ewY; esa ifjorZu
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
vof/k ds 'kq#vkr esa nkf;Ro dk orZeku ewY; 46355.35 29043.14 4398.78 3229.08 3446.03 1944.29
tksM+s iwoZorhZ vkschlh vkSj ;w,uvkbZ dk ihohvks 0.00 16605.01 0.00 1601.39 0.00 1142.62
tksM+s% C;kt ykxr 3065.43 3043.60 254.87 274.85 187.67 199.11
tksM+s% pkyw lsok ykxr 488.52 508.01 247.10 252.96 331.28 212.19
tksM+s% iwoZ lsok ykxr 3093.95 - - - - -
?kVk,a % iznÙk ykHk (4002.18) (2979.81) (899.49) (697.05) (735.42) (646.57)
nkf;Roksa ij chekafdd gkfu @ ¼ykHk½ ¼feyku (544.10) 135.40 77.26 (262.45) 400.10 594.39
vkadM+s½
vof/k ds var esa nkf;Ro dk orZeku ewY; 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
rkfydk III & ;kstukxr vkfLr;ksa ds mfpr ewY; esa ifjorZu

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
vof/k dh 'kq#vkr esa ;kstukxr vkfLr;ksa dk mfpr ewY; 46731.79 29011.95 4502.08 3118.63 2779.62 -
tksM+s iwoZorhZ vkschlh vkSj ;w,uvkbZ dk mfpr ewY; 0.00 13296.92 0.00 1409.10 0.00 141.89
tksM+s% ;kstukxr laifÙk ij laHkkfor izfrykHk 3091.21 2813.19 269.73 263.49 145.48 9.36
tksM+s% cSad }kjk Hkqxrku fd;k x;k va'knku 1228.41 4937.20 153.30 440.24 839.99 2944.68
tksM+s% iwoZ lsok ykxr ds fy, cSad }kjk Hkqxrku fd;k x;k
618.79 - - - - -
va'knku ¼ikfjokfjd isa'ku ns;rk ij½
?kVk,a% iznÙk ykHk (4002.18) (2979.81) (899.49) (697.05) (735.42) (363.48)
?kVk,a% ;kstukxr vkfLr;ksa ij chekafdd ¼gkfu@ykHk ¼feyku
479.76 (347.66) 45.78 (32.33) 92.52 47.16
vkadM+s½
vof/k ds var esa ;kstukxr vkfLr;ksa dk mfpr
48147.78 46731.79 4071.40 4502.08 3122.19 2779.62
ewY;
410
4.5 Accounting Standard 15 (Revised) – Employees Benefits (Parent Company):
DISCLOSURE IN ACCORDANCE WITH AS-15(R):

In line with the accounting policy and as per the Accounting Standard – 15(R), the summarized position of
employment benefits is as under:
A. Defined benefit Plans
TABLE I - Principal Actuarial Assumptions and the basis of these assumptions
Actuarial Assumptions
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Discount Rate 7.20% 6.85% 6.95% 6.55% 6.95% 6.55%
Expected Return on Plan Assets 7.20% 6.85% 6.95% 6.55% 6.95% 6.55%
Rate of Escalation In salary 6.00% 6.00% 6.00% 6.00% 6.00% 6.00%
Dearness Relief Escalation Rate 5.80% 5.80% - - - -
Attrition Rate 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
(ALL AMOUNTS IN CRORES)

TABLE II - Changes in Present value of the obligation
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Present value of Obligation at the
46355.35 29043.14 4398.78 3229.08 3446.03 1944.29
beginning of period
Add PVO of erstwhile OBC & UNI 0.00 16605.01 0.00 1601.39 0.00 1142.62
Add: Interest Cost 3065.43 3043.60 254.87 274.85 187.67 199.11
Add: Current Service Cost 488.52 508.01 247.10 252.96 331.28 212.19
Add: Past Service Cost 3093.95 - - - - -
Less: Benefits paid (4002.18) (2979.81) (899.49) (697.05) (735.42) (646.57)
Actuarial loss / (gain) on obligations
(544.10) 135.40 77.26 (262.45) 400.10 594.39
(Balancing Figure)
Present value of Obligation as at the
48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
end of the period
TABLE III - Changes in the FV of the Plan Assets

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Fair value of Plan Assets, at the
46731.79 29011.95 4502.08 3118.63 2779.62 -
beginning of period
Add Fair value of erstwhile OBC & UNI 0.00 13296.92 0.00 1409.10 0.00 141.89
Add: Expected return on Plan assets 3091.21 2813.19 269.73 263.49 145.48 9.36
Add: Contributions paid by Bank 1228.41 4937.20 153.30 440.24 839.99 2944.68
Contributions paid by Bank for Past
618.79 - - - - -
Add: Service Cost (on Family Pension liability)
Less: Benefits Paid (4002.18) (2979.81) (899.49) (697.05) (735.42) (363.48)
Actuarial (loss) / gain on Plan Assets
479.76 (347.66) 45.78 (32.33) 92.52 47.16
Less: (Balancing Figure)
Fair value of Plan Assets as at the end
48147.78 46731.79 4071.40 4502.08 3122.19 2779.62
of the period
411
rkfydk IV & ;kstuk vfLr;ksa ij okLrfod izfrykHk
31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
;kstukxr vkfLr;ksa ij laHkkfor izfrykHk 3091-21 2813-19 269-73 263-49 145-48 9-36
tksM%s+ ;kstukxr vkfLr;ksa ij chekafdd gkfu@ykHk 479-76 ¼347-66½ 45-78 ¼32-33½ 92-52 47-16
;kstukxr vkfLr;ksa ij okLrfod izfrykHk 3570-97 2465-53 315-51 231-16 238-00 56-52
rkfydk V & ekU; fuoy chekafdd ¼ykHk½ @ gkfu

31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
vof/k ds fy, chekafdd gkfu@¼ykHk½ & ¼544-10½ 135-40 77-26 ¼262-45½ 400-10 594-39
nkf;Ro
vof/k ds fy, chekafdd ¼ykHk½@gkfu & ¼479-76½ 347-66 ¼45-78½ 32-33 ¼92-52½ ¼47-16½
;kstukxr vkfLr;ksa
vof/k ds fy, dqy ¼ykHk½@gkfu ¼1023-86½ 483-06 31-48 ¼230-12½ 307-58 547-23
vof/k esa ekU; chekafdd ¼ykHk½ ;k gkfu ¼1023-86½ 483-06 31-48 ¼230-12½ 307-58 547-23
o"kZ ds var esa vekU; chekafdd ¼ykHk½@gkfu & & & & & &
rkfydk VI & rqyu i=k esa ekU; jkf'k

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
fu/kkZfjr ykHk nkf;Ro dk orZeku ewY; 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
?kVk,a% ;kstukxr vkfLr;ksa dk mfpr ewY; 48147.78* 46731.79 4071.40 4502.08 3122.19 2779.62
varj 309.19 (376.44) 7.12 (103.30) 507.47 666.41

?kVk,a% vekU; iwoZ lsok ykxr ¼ikfjokfjd isa'ku 1520.16 - - - - -
ns;rk ij½
fuoy ns;rk@¥laifÙk½ (1210.97) (376.44) 7.12 (103.30) 507.47 666.41
rqyu i=k esa jkf'k

rqyu i=k esa ekU; ns;rk 955.00** - 7.12 - 507.47 666.41
rqyu i=k esa ekU; vkfLr ¼ikfjokfjd isa'ku (2165.97) (376.44) - (103.30) - -
ns;rk ij½
fuoy ns;rk@¼laifÙk½ (1210.97) (376.44) 7.12 (103.30) 507.47 666.41
ys[kk ekud&15 ¼la'kksf/kr½ ds iSjk 55 ds - - - - - -
rgr fu/kkZfjr udkjkRed jkf'k
miyC/k izfrnk; dk orZeku ewY; vkSj Hkkoh - - - - - -
va'knkuksa esa dVkSrh
,,l&15 ¼la'kksf/kr½ ds iSjkxzkQ 59 ¼ch½ ds 2165.97 376.44 - 103.30 - -
vuqlkj ekU; vkfLr
*
vfrfjä ikfjokfjd isa'ku ns;rk ds dkj.k fiNyh lsok ykxr ds fy, cSad }kjk 618-79 djksM+ #i;s dk ;ksxnku 'kkfey gS
**
foÙkh; o"kZ 2021&22 ds fy, 618-79 djksM+ #i;s dh U;wure jkf'k ¼vFkkZr] 3093-95 djksM+ #i;s dh dqy nsunkjh dk 1@5oka½ iznku djus ds vykok] cSad us foÙk
o"kZ 2021&22 ds nkSjku 955-00 djksM+ #i;s dh vfrfjä fiNyh lsok ykxr Hkh iznku dh gSA 31 ekpZ] 2022 dks lekIr o"kZ ds nkSjku ykHk vkSj gkfu [kkrs esa dqy
jkf'k 1573-79 djksM+ #i;s gS vkSj 1520-16 djksM+ #i;s dh vfrfjä ikfjokfjd isa'ku ns;rk ds fy, vla'kksf/kr O;; dks vkxs c<+k;k x;k gSA
412
TABLE IV - Actual Return on Plan Assets
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Expected return on Plan Assets 3091.21 2813.19 269.73 263.49 145.48 9.36
Add: Actuarial (loss) / gain on Plan Assets 479.76 (347.66) 45.78 (32.33) 92.52 47.16
Actual Return on Plan Assets 3570.97 2465.53 315.51 231.16 238.00 56.52
TABLE V - Net Actuarial (Gain) / loss recognized

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Actuarial loss / (gain) for the period -
(544.10) 135.40 77.26 (262.45) 400.10 594.39
Obligations
Actuarial (gain)/ loss for the period -
(479.76) 347.66 (45.78) 32.33 (92.52) (47.16)
Plan Assets
Total (gain) /loss for the period (1023.86) 483.06 31.48 (230.12) 307.58 547.23
Actuarial (gain) or loss recognized in
(1023.86) 483.06 31.48 (230.12) 307.58 547.23
the period
Unrecognized Actuarial (gain) / loss
- - - - - -
at the end of the year
TABLE VI - Amount recognized in Balance Sheet

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Present value of Defined Benefit Obligation 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
Less Fair value of Plan Assets 48147.78* 46731.79 4071.40 4502.08 3122.19 2779.62
Difference 309.19 (376.44) 7.12 (103.30) 507.47 666.41
Unrecognized Past Service cost (on Family
1520.16 - - - - -
Less Pension liability)
Amounts in the Balance Sheet
Liability Recognized in the Balance Sheet 955.00** - 7.12 - 507.47 666.41
Assets Recognized in the Balance Sheet (on

(2165.97) (376.44) - (103.30) - -
Negative amount determined under Para-
- - - - - -
graph 55 of AS-15 (R)
Present value of available refunds and re-
- - - - - -
ductions in future contributions
Asset recognized as per Paragraph 59 (b) of
2165.97 376.44 - 103.30 - -
AS-15 (R)
*includes contributions paid by Bank of Rs 618.79 crore for Past service cost on account of Additional Family Pension Liability
** In addition to providing the minimum amount of Rs.618.79 crore (i.e., 1/5th of total liability of Rs 3093.95 crore) for the financial
year 2021-22,the Bank has further provided additional Past service cost of Rs 955.00 crore during FY 2021-22,aggregating the total
amount charged to the Profit & Loss account is Rs 1573.79 crore during the year ended March 31, 2022 and the balance unamortized
expense for additional family pension liability of Rs.1520.16 Crore has been carried forward
413
rkfydk VII & ykHk vkSj gkfu ys[kksa esa fpfºur fd, tkus okyk O;;
isa'ku minku Nqêh udnhdj.k
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
orZeku lsok ykxr 488.52 508.01 247.10 252.96 331.28 212.19
tksM+sa% C;kt ykxr 3065.43 3043.60 254.86 274.85 187.67 199.11
?kVk,a ;kstukxr laifÙk ij laHkkfor ykHk (3091.21) (2813.19) (269.73) (263.49) (145.48) (9.36)
tksM+sa% o"kZ esa ekU;rk izkIr fuoy chekafdd (1023.86) 483.06 31.48 (230.12) 307.58 547.23
¼ykHk½@gkfu
tksM+sa% fiNyh lsok ykxr&ekU;rk izkIr 1573.79
¼ikfjokfjd isa'ku ns;rk ij½ - - - - -
ykHk vkSj gkfu fooj.k esa ekU;rk izkIr O;; 1012.67 1221.48 263.71 34.20 681.05 949.16
rkfydk VIII& rqyu i=k esa igpkus tkus okyh fuoy ns;rkvksa esa lapyu
isa'ku isa'ku NqV~Vh udnhdj.k
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
vkjfEHkd fuoy ns;rk, (376.44) 31.19 (103.29) 302.75 666.41 1944.30
tksM+sa% iwoZorhZ vkschlh vkSj ;w,uvkbZ dh izkjafHkd - 3308.09 - - - 1000.72

fuoy ns;rk
tksM+sa% O;; 1012.67 1221.48 263.71 34.20 681.05 949.16
?kVk,a% Hkqxrku fd;k x;k ;ksxnku (1847.20) (4937.20) (153.30) (440.24) (839.99) (2944.68)
?kVk,a daiuh }kjk Hkqxrku fd, x, ykHk - - - - - (283.09)
vafre fuoy ns;rk,a@¼vkfLr;ka½ orZeku (1210.97) (376.44) 7.12 (103.29) 507.47 666.41
vof/k esa ch@,l esa ekU;rk izkIr½
rkfydk IX &orZeku vof/k ds fy, jkf'k

31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
?kVk,a ;kstukxr vkfLr;ksa dk mfpr ewY; 48147.78 46731.79 4071.40 4502.08 3122.19 2779.62
vfèkD;@¼?kkVk½ (309.19)* 376.44 (7.12) 103.30 (507.47) (666.41)
;kstuk ns;rkvksa esa vuqHko lek;kstu & 1230.77 (1016.12) 199.27 (243.27) 446.48 744.92
¼gkfu½ @ ykHk
;kstukxr vkfLr;ksa ¼gkfu½@ykHk esa 479.76 (347.66) 45.78 (32.33) 92.52 47.16
lek;kstu dk vuqHko
*
bl jkf'k esa deZpkfj;ksa ds fy, ikfjokfjd isa'ku esa la'kks/ku ds dkj.k vfrfjä ns;rk jkf'k 'kkfey gS] ftls gekjs cSad us 31 ekpZ] 2022 dks lekIr
gksus okys foÙkh; o"kZ ls 'kq: gksus okys ikap o"kZ ls vf/kd dh vof/k ds fy, ifj'kks/ku ds fy, pquk Fkk ¼dqy ns;rk ds U;wure 1@5 ds vèkhu½ 31 ekpZ]
2022 dks lekIr gq, o"kZ ds nkSjku ykHk&gkfu [kkrs esa izHkkfjr dqy jkf'k 1573-79 djksM+ #i;s gS vkSj vfrfjä ikfjokfjd isa'ku ns;rk ds fy, 'ks"k
1520-16 djksM+ #i;s ds vla'kksf/kr O;; dks vkxs c<+k;k x;k gSA
414
TABLE VII - Expense to be recognized in Profit and loss Account
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Current Service Cost 488.52 508.01 247.10 252.96 331.28 212.19
Add: Interest cost 3065.43 3043.60 254.86 274.85 187.67 199.11
Less Expected return on Plan assets (3091.21) (2813.19) (269.73) (263.49) (145.48) (9.36)
Add: Net Actuarial (gain) / loss recognized in year (1023.86) 483.06 31.48 (230.12) 307.58 547.23
Past Service Cost-Recognized (on Family

1573.79
Add: Pension liability) - - - - -
Expenses recognized in the statement of

1012.67 1221.48 263.71 34.20 681.05 949.16
profit and loss
TABLE VIII- Movement in Net Liability to be recognized in Balance Sheet
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Opening Net Liability (376.44) 31.19 (103.29) 302.75 666.41 1944.30
Add Opening Net liability of Erstwhile OBC & UNI - 3308.09 - - - 1000.72
Add: Expense 1012.67 1221.48 263.71 34.20 681.05 949.16
Less: Contributions Paid (1847.20) (4937.20) (153.30) (440.24) (839.99) (2944.68)
Less Benefits Paid by the company - - - - - (283.09)
Closing Net Liability/ (Asset) recognised in

(1210.97) (376.44) 7.12 (103.29) 507.47 666.41
B/S in current period)
TABLE IX -Amount for the current Period
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Present value of Obligation 48456.97 46355.35 4078.52 4398.78 3629.66 3446.03
Less Fair value of Plan Assets 48147.78 46731.79 4071.40 4502.08 3122.19 2779.62
Surplus / (Deficit) (309.19)* 376.44 (7.12) 103.30 (507.47) (666.41)
Experience Adjustments in Plan Liabilities

1230.77 (1016.12) 199.27 (243.27) 446.48 744.92
-(loss) / Gain
Experience Adjustments in Plan Assets (loss)

479.76 (347.66) 45.78 (32.33) 92.52 47.16
/ gain
*This amount is inclusive of additional liability amount on account of revision in family pension for employees, which our Bank had
opted for amortization over a period not exceeding five years beginning with the financial year ending March 31, 2022 (subject to a
minimum of 1/5th of the total liability). The total amount charged to the Profit & Loss account is Rs 1573.79 crore during the year
ended March 31, 2022 and the balance unamortized expense for additional family pension liability of Rs.1520.16 Crore has been
carried forward.
415
rkfydk X & VªLV }kjk izcaf/kr ;kstuk ifjlaifÙk;ksa dh izeq[k Jsf.k;ka ¼dqy ;ks;kstuk ifjlaifÙk;ksa ds izfr'kr ds :i esa½
¼çfr'kr esa½
31-03-2022 31-03-2021 31-03-2022 31-03-2021 31-03-2022 31-03-2021
Hkkjr ljdkj dh izfrHkwfr;ka 2.76% 3.78% 5.00% 8.00% 0.00% 0.00%
jkT; ljdkj dh izfrHkwfr;ka 11.91% 13.91% 10.00% 13.00% 0.00% 0.00%
mPp xq.koÙkk okys dkWiksZjsV ckaM 5.36% 5.67% 3.00% 3.00% 0.00% 0.00%
lwphc) daifu;ksa ds bfDoVh 0.28% 0.60% 0.00% 0.00% 0.00% 0.00%

'ks;j@E;wpqvy QaM fuos'k
laifÙk 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
fo'ks"k tek ;kstuk@,QMhvkj 4.06% 5.50% 6.00% 7.00% 0.00% 0.00%
chekdrkZ }kjk izcaf/kr fuf/k@thou chek 69.10% 59.94% 66.00% 54.00% 100.00% 100.00%
daifu;ksa esa fuos'k
vU; tek] miktZu vkfnA 6.53% 10.60% 10.00% 15.00% 0.00% 0.00%
dqy 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
rkfydk XI& vkxkeh o"kZ ds nkSjku m|e ds ;ksxnku dk loksZÙke vuqeku

NqV~Vh dk udnhdj.k
isa'ku ¼foÙk iksf"kr½ minku ¼foÙk iksf"kr½
¼foÙk iksf"kr½
31-03-2023 31-03-2022 31-03-2023 31-03-2022 31-03-2023 31-03-2022
vxys o"kZ ds nkSjku cSad ds ;ksxnku
720-00 2720-00 230-00 10-00 410-00 670-00
dk loZJs"B vuqeku
rkfydk XII& vU; nh?kZdkfyd deZpkjh ykHk ¼xSj foÙkiksf"kr½

chekjh dh NqV~Vh vkSj xSj&mi;ksxh NqV~Vh fdjk;k fj;k;r flYoj tqcyh cksul
fooj.k vkdfLed vodk'k ¼xSj foÙkiksf"kr½ ¼xSj foÙkiksf"kr½ ¼xSj fofoÙkiksf"kr½
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
laØe.kdkyhu ns;rk dk izkjafHkd larqyu - - - - - -
o"kZ esa ekU;rk izkIr laØe.kdkyhu nkf;Ro - - - - - -
laØe.kdkyhu ns;rk dk vafre larqyu - - - - - -
rqyu i=k esa ekU;rk izkIr ns;rk 168.36 71.73 237.76 217.68 16.15 15.91
fooj.k /kkj.kk dk vk/kkj

NwV dh nj eqæk vkSj nkf;Roksa dh vuqekfur vof/k ds vuq:i vof/k ds ljdkjh ckaM ¼,QchvkbZ,y }kjk izdkf'kr½ ij rqyu i=k
dh rkjh[k ij cktkj dh mit ds lanHkZ esa NwV nj fu/kkZfjr dh xbZ gSA
;kstukxr vkfLr;ksa ij ;g ekuk tkrk gS fd isa'ku] minku ¼xzsP;qVh½ vkSj vodk'k udnhdj.k fuf/k ls lacaf/kr ;kstuk dh laifÙk ij fjVuZ
izR;kf'kr izfrykHk nj Øe'k 7-20% izfr o"kZ 6-95% izfr o"kZ vkSj 6-95% izfr o"kZ gksxkA
osru o`f) nj ¼,lbZvkj½ vkbZch, }kjk iznku fd, x, O;kid ekxZn'kZu ds vk/kkj ij] cSad ds fy, ,lbZvkj 6-0% ¼ewy osru o`f) 2-8% vkSj Mh,
5-8% izfr o"kZ dh o`f) ds lkFk 6-0% dh lexz osru o`f) ds lkFk½ fy;k x;k gSA
iyk;u nj fiNys vuqHko vkSj LoSfPNd fudklh ls lacaf/kr visf{kr Hkfo"; ds vuqHko ds lanHkZ esa ,fVª'ku nj dks 1% ekuk tkrk gSA
416
TABLE X -Major Categories of Plan Assets (as percentage of Total Plan Assets) as managed by Trust
(In Percentage)
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Government Of India Securities 2.76% 3.78% 5.00% 8.00% 0.00% 0.00%
State Govt Securities 11.91% 13.91% 10.00% 13.00% 0.00% 0.00%
High Quality Corporate Bonds 5.36% 5.67% 3.00% 3.00% 0.00% 0.00%
Equity Shares of listed companies/ Mutual 0.28% 0.60% 0.00% 0.00% 0.00% 0.00%
Fund Investments
Property 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Special deposit scheme/ FDR’s 4.06% 5.50% 6.00% 7.00% 0.00% 0.00%
Funds managed by Insurer/ Investments in 69.10% 59.94% 66.00% 54.00% 100.00% 100.00%
Life Insurance Companies
Other Deposits, Accruals etc. 6.53% 10.60% 10.00% 15.00% 0.00% 0.00%
TOTAL 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
TABLE XI -ENTERPRISE’S BEST ESTIMATE OF CONTRIBUTION DURING NEXT YEAR

Pension (Funded) Gratuity (Funded) Leave Encashment (Funded)
31.03.2023 31.03.2022 31.03.2023 31.03.2022 31.03.2023 31.03.2022
Bank’s best estimate of Contribution during
720.00 2720.00 230.00 10.00 410.00 670.00
next year
TABLE XII- Other Long Term employee benefits (Unfunded)

Particulars Sick Leave & Un availed Leave Fare concession Silver Jubilee Bonus
Casual leave (Unfunded) (unfunded) (unfunded)
31.03.2022 31.03.2021 31.03.2022 31.03.2021 31.03.2022 31.03.2021
Present Value of Obligation 168.36 71.73 237.76 217.68 16.15 15.91
Opening Balance of Transitional Liability - - - - - -
Transitional Liability recognized in the year - - - - - -
Closing Balance Of Transitional Liability - - - - - -
Liability Recognized in balance Sheet 168.36 71.73 237.76 217.68 16.15 15.91
Particulars Basis of assumption

Discount Rate Discount Rate has been determined by reference to market yields at the balance Sheet date on
Government bonds (published by FBIL) of term consistent with currency and estimated term of the
obligations.
Expected Rate of Return on Plan It is assumed that return on the plan assets pertaining to the Pension, Gratuity and Leave Encashment
Assets fund will be 7.20% p.a., 6.95% p.a. and 6.95% p.a. respectively.
Salary Escalation Rate (SER) Based on the broad guidance provided by IBA, SER for the bank has been taken at 6.0% (Basic Pay
increase of 2.8% and DA increase of 5.8% pa with overall salary escalation of 6.0%.)
Attrition Rate Attrition rate is assumed at 1% taken with reference to past experience and expected future experience
related to voluntary withdrawals.
417
uksV% Note:
4-5-1 ifjHkkf"kr va'knku ;kstuk,a% & 4.5.1 Defined Contribution Plans:-

ÞcSad us 01-04-2010 dks ;k mlds ckn cSad esa dk;ZHkkj xzg.k djus okys “The Bank has Defined Contribution Plan applicable to all
lHkh Jsf.k;ksa ds deZpkfj;ksa ds fy, ykxw va'knku ;kstuk dks ifjHkkf"kr categories of employees joining the Bank on or after 01.04.2010.
fd;k gSA bl ;kstuk dk izca/ku isa'ku QaM fu;ked vkSj fodkl The scheme is managed by NPS trust under the aegis of the
izkfèkdj.k ds rRoko/kku esa ,uih,l VªLV }kjk fd;k tkrk gSA uS'kuy Pension Fund Regulatory and Development Authority. National
flD;ksfjVht fMikWftVjh fyfeVsM dks ,uih,l ds fy, lsaVªy fjdkWMZ Securities Depository Limited has been appointed as the Central
dh¯ix ,tsalh ds :i esa fu;qä fd;k x;k gSA Record Keeping Agency for the NPS.
va'knku dk fooj.k bl izdkj gS & The details of the contribution is as under-
foÙkh; o"kZ 2021&2022 ds nkSjku¾ #i, 974-43 djksM+ During the Financial Year 2021-2022= Rs 974.43 Crore
¼va'knku esa cSad $ deZpkjh va'knku nksuksa 'kkfey gSa½ (Contribution Includes both Bank + Employee contribution)
foÙkh; o"kZ 2020&2021 ds nkSjku¾ #i, 747-67 djksM+ During the Financial Year 2020-2021= Rs 747.67 Crore
¼va'knku esa cSad $ deZpkjh va'knku nksuksa 'kkfey gSa½ (Contribution Includes both Bank + Employee contribution)
4-5-2 cSad us 11 uoacj] 2020 ds vkbZch, la;qä uksV ds vuqlkj 4.5.2 Bank has estimated the additional liability on account of
deZpkfj;ksa ds fy, ikfjokfjd isa'ku esa la'kks/ku ds dkj.k vfrfjä revision in family pension for employees as per IBA Joint Note
dated November 11, 2020, amounting to Rs.3093.95 Crore.
ns;rk dk vuqeku yxk;k gS] tks fd 3093-95 djksM+ #i;s gSA gkykafd]
However, RBI vide their Circular RBI/2021-22/105 DOR.ACC.
vkjchvkbZ us vius ifji=k vkjchvkbZ@2021&22@105 Mhvksvkj-
REC.57/21.04.018/2021-22 dated 4th October 2021, has permitted
,lhlh-vkjbZlh-57@21-04-018@2021&22 fnukad 4 vDVwcj] 2021 ds
Banks to amortize the said additional liability over a period of not
ek/;e ls cSadksa dks 5 ¼ikap½ o"kZ ls vf/kd ugha] dh vof/k esa mä vfrfjä
exceeding 5 (five) years, beginning with financial year ending 31st
ns;rk dk ifj'kks/ku djus dh vuqefr nh gSA 31 ekpZ] 2022 dks lekIr
March, 2022, subject to a minimum of 1/5th of the total amount
gksus okys foÙkh; o"kZ ls 'kq: gksdj] gj o"kZ [kpZ dh tkus okyh dqy jkf'k being expensed every year. The Bank has opted the said provision
ds U;wure 1@5 fgLls ds v/khu cSad us vkjchvkbZ ds mä izko/kku dks of RBI and In addition to providing the minimum amount of
pquk gS vkSj foÙkh; o"kZ 2021&22 ds fy, U;wure jkf'k 618-79 djksM+ Rs.618.79 crore (i.e., 1/5th of total liability of Rs 3093.95 crore) for
#i;s ¼vFkkZr 3093-95 djksM+ #i;s dh dqy nsunkjh dk 1@5½ iznku the financial year 2021-22,the Bank has further provided additional
djus ds vykok] foÙk o"kZ 2021&22 ds fy, cSad us vfrfjä fiNyh lsok Past service cost of Rs 955.00 crore during FY 2021-22,aggregating
ykxr 955-00 djksM+ #i;s Hkh iznku dh gS] dqy feykdj ykHk vkSj gkfu the total amount charged to the Profit & Loss account is Rs 1573.79
ys[ks esa dqy jkf'k 1573-79 djksM+ #i;s pktZ dh gS vkSj 1520-16 djksM+ crore during the year ended March 31, 2022 and the balance
#i;s dh vfrfjä ikfjokfjd isa'ku ns;rk ds fy, vla'kksf/kr O;; dks unamortized expense for additional family pension liability of
vkxs c<+k;k x;k gSA ;fn ifj'kksf/kr O;; dks ykHk vkSj gkfu ys[ks esa iwjh Rs.1520.16 Crore has been carried forward. If the unamortized
rjg ls ekU;rk nh xbZ gksrh rks o"kZ ds fy, ifj.kkeh fuoy ykHk # 2468 expenditure had been fully recognised in the Profit & Loss account,
djksM+ gksrkA the consequential Net Profit for the year would have been Rs.2468
Crore.
4-6 ys[kk ekud 17 & [kaM fjiks²Vx 4.6 Accounting Standard 17 - Segment Reporting
[kaM dh igpku djuk Segment Identification
I. Primary (Business Segment):
I. izkFkfed ¼O;kolkf;d [kaM½%
The following are the primary segments of the Bank:-
cSad ds izkFkfed [kaM fuEufyf[kr gSa% &
i) Treasury: The Treasury Segment includes the entire
i) Vªstjh% Vªstjh [kaM esa laiw.kZ fuos'k iksVZQksfy;ks vkSj fons'kh eqæk
investment portfolio and trading in foreign exchange
vuqca/kksa vkSj O;qRiUUk vuqca/kksa esa O;kikj 'kkfey gSA Vªstjh [kaM ds contracts and derivative contracts. The revenue of the
jktLo esa eq[; :i ls fuos'k iksVZQksfy;ks ij O;kikj lapkyu vkSj treasury segment primarily consists of fees and gains or
C;kt vk; ls 'kqYd vkSj ykHk ;k gkfu 'kkfey gSA losses from trading operations and interest income on the
investment portfolio.
418
ii) dkWjiksjsV@Fkksd cSa¯dx% vkjchvkbZ ds fn'kkfunsZ'kksa ds vuqlkj ii) Corporate / Wholesale Banking: As per the RBI guidelines
vkjchvkbZ@2020&21@53] Mhvksvkj-la-chih-chlh- 23@21-06- RBI/2020-21/53, DOR.No.BP.BC.23/21.06.201/2020-
201@2020&21] fnukad 12 vDVwcj 2020] dkWjiksjsV@Fkksd 21, dated 12 October 2020, the Corporate / Wholesale
th
cSa¯dx [kaM esa ` 7-50 djksM+ vkSj mlls vf/kd ds tksf[ke okys Banking segment comprises the lending activities of
mèkkjdrkZvksa dh la[;k okys _.k nsus dh xfrfof/k;k¡ 'kkfey gSaA borrowers having exposure of `7.50Crores and above.
iii) fjVsy cSa¯dx% fjVsy cSa¯dx [kaM esa ,sls m/kkjdrkZvksa ds [kkrs iii) Retail Banking: The Retail Banking Segment comprises
'kkfey gSa] ftudk ,Dlikstj ` 7-50 djksM+ ls de gSA of borrower accounts having exposure of less than
`7.50Crores.
iv½ vU; cSa¯dx ifjpkyu [kaM tks mijksä ¼i½ ls ¼iii½ ds varxZr iv) Other Banking Operations Segments not classified under
oxhZÑr ugha gSa] bl izkFkfed [kaM ds varxZr oxhZÑr fd, x, gSaA (i) to (iii) above are classified under this primary segment.
II. f}rh; ¼HkkSxksfyd [kaM½% II Secondary (Geographical Segment):
i½ ?kjsyw ifjpkyu & Hkkjr esa ifjpkyu djus okyh 'kk[kk,¡ @ i) Domestic Operations - Branches/Offices having operations
dk;kZy; in India
ii½ fons'kh ifjpkyu & Hkkjr ds ckgj ifjpkyu okyh 'kk[kk,a@ ii) Foreign Operations - Branches/Offices having operations
dk;kZy; vkSj Hkkjr esa ifjpkyu okyh virVh; cSa¯dx outside India and offshore banking units having operations
bdkb;kaA in India.
III. vkcaVu dk vk/kkj III. Basis of allocation

C;kt vk; dk vkcaVu fofHkUUk [kaMksa ls izkIr okLrfod C;kt ds The interest income is allocated on the basis of actual
vkèkkj ij fd;k tkrk gSA interest received from different segments
Fkksd cSa¯dx@[kqnjk cSa¯dx [kaM@vU; cSa¯dx [kaM }kjk v£tr Expenses not directly attributable are allocated on the
C;kt vk; ds vk/kkj ij izR;{k :i ls ftEesnkj ugha gksus okys O;; basis of Interest income earned by the wholesale banking
vkcafVr fd, tkrs gSaA / retail banking segment/other banking segment
izR;sd [kaM ds fy, fu;ksftr iwath dh x.kuk ml fo'ks"k [kaM dh Capital employed for each segment is calculated based on
laifÙk vkSj nsunkfj;ksa ds vk/kkj ij dh tkrh gSA the assets and liabilities of that particular segment
cSad ds ikl dqN lkekU; laifÙk;ka vkSj nsunkfj;ka gSa] ftUgsa fdlh The Bank has certain common assets and liabilities, which
Hkh [kaM ds fy, ftEesnkj ugha Bgjk;k tk ldrk gS] vkSj mUgsa cannot be attributed to any segment, and the same are
vlac) ekuk tkrk gSA treated as unallocated.
PART A: BUSINESS SEGMENTS
Hkkx ,% O;kikj [kaM
Ø- SI.
Particulars
fooj.k ¼ys[kkijhf{kr½ ¼ys[kkijhf{kr½ No. (Audited) (Audited)
la- (Consolidated) (Consolidated)
¼lesfdr½ ¼lesfdr½
i. [kaM jktLo i. Segment Revenue
,½ Vªstjh 30244-25 31762-08 a) Treasury 30244.25 31762.08
ch½ dkWjiksjsV@ 30887-23 31966-43 Corporate/Wholesale

b) 30887.23 31966.43
Fkksd cSa¯dx Banking
lh½ fjVsy cSa¯dx 24783-71 26399-59 c) Retail Banking 24783.71 26399.59
Mh½ vU; cSa¯dx ifjpkyu 2424-30 4041-85 d) Other Banking Operations 2424.30 4041.85
dqy 88339-49 94169-95 Total 88339.49 94169.95

ii. [kaM ifj.kke ii. Segment Results
a) Treasury 9191.30 10190.68
,½ Vªstjh 9191-30 10190-68
b) Corporate/Wholesale
ch½ dkWjiksjsV@ &4052-27 &7201-52
Banking -4052.27 -7201.52
Fkksd cSa¯dx
419
Ø- SI.
Particulars
fooj.k ¼ys[kkijhf{kr½ ¼ys[kkijhf{kr½ No. (Audited) (Audited)
la- (Consolidated) (Consolidated)
¼lesfdr½ ¼lesfdr½
dqy 8870-21 8120-60 Total 8870.21 8120.60
iii. vukcafVr O;; 4275-69 4336-14 iii. Unallocated Expenses 4275.69 4336.14
iv. ifjpkyu ykHk 21025-64 22849-60 iv. Operating Profit 21025.64 22849.60
v. dj gsrq izko/kku 918-56 1632-03 v. Provision for Tax 918.56 1632.03
vi. vlkekU; ensa 0-00 0-00 vi. Extraordinary Items
0.00 0.00
vii. ,lksfl,V~l esa vtZu dk 231-63 542-17 vii. Share of Earnings in 231.63 542.17
fgLlk ¼fuoy½ Associates (Net)
viii. vYika'k fgrykHk 46-85 132-62 viii. Minority Interest 46.85 132.62
ix. fuoy ykHk ix. Net Profit 3860.74 2561.98
3860-74 2561-98
vU; tkudkjh% Other Information:
x. vkfLr [kaM x. Segment Assets
,½ Vªstjh 441108-02 442311-31 a) Treasury 441108.02 442311.31

ch½ dkWjiksjsV@ 545178-01 516525-16
Banking
Fkksd cSa¯dx 545178.01 516525.16
dqy tksM+ 1292833-31 1233880-22 Sub Total 1292833.31 1233880.22
bZ½ vukcafVr vkfLr;ka 46467-81 45844-84 e) Unallocated Assets 46467.81 45844.84
dqy vkfLr;ka 1339301-12 1279725-06 Total Assets 1339301.12 1279725.06
xi. ns;rk [kaM xi. Segment Liabilities
a) Treasury 421033.81 422469.79
,½ Vªstjh 421033-81 422469-79
ch½ dkWjiksjsV@ 523784-94 497345-55 Banking 523784.94 497345.55
Fkksd cSa¯dx
c) Retail Banking 253207.32 241048.52
lh½ fjVsy cSa¯dx 253207-32 241048-52 d) Other Banking
Mh½ vU; cSa¯dx ifjpkyu 42478-99 25806-53 Operations 42478.99 25806.53
bZ½ v;qDr iwath 1214-16 520-34 e) Unallocated Liabilities 1214.16 520.34
dqy ns;rk,a 1241719-22 1187190-73 Total Liabilities 1241719.22 1187190.73
xii. iwath fu;ksftr xii. Capital Employed
a) Treasury 20074.21 19841.52
,½ Vªstjh 20074-21 19841-52
ch½ dkWjiksjsV@ Fkksd 21393-07 19179-61 Banking 21393.07 19179.61
cSa¯dx
c) Retail Banking 8436.87 6545.56
lh½ fjVsy cSa¯dx 8436-87 6545-56 d) Other Banking
Mh½ vU; cSa¯dx ifjpkyu 2424-10 1643-14 Operations 2424.10 1643.14
bZ½ vukcafVr ns;rk,a 45253-65 45324-50 e) Unallocated Liabilities 45253.65 45324.50
dqy iz;qDr iwath 97581-90 92534-33 Total Capital Employed 97581.90 92534.33
420
Hkkx ch% HkkSxksfyd [kaM PART B: GEOGRAPHIC SEGMENTS
Ø- SI.
fooj.k ¼ys[kkijhf{kr½ ¼ys[kkijhf{kr½ Particulars (Audited) (Audited)
la- No.
¼lesfdr½ ¼lesfdr½ (Consolidated) (Consolidated)
1- jktLo 1. Revenue
dqy 88339.49 94169.95 Total 88339.49 94169.95

2- vkfLr;ka 2. Assets
dqy 1339301.12 1279725.06 Total 1339301.12 1279725.06
fVIi.kh%& Note:-
1- [kaM ns;rkvksa dks muds lacaf/kr [kaM vkfLr;ksa ds vuqikr esa 1. Segment Liabilities are distributed in the ratio of their
forfjr fd;k x;k gSA respective Segment Assets.
2- fiNyh vof/k ds vk¡dM+ksa dks] tgk¡ dgha vko';d gqvk] lewgc)@ 2. Figures of the previous period have been re-grouped /
iquoZxhZÑr fd;k x;k gSA reclassified wherever necessary.
4.7 Accounting Standard 18 - Disclosure of Related Parties
4-7 ys[kk ekud 18 & vkbZlh,vkbZ }kjk tkjh ys[kk ekud &18
as per Accounting Standard –18 issued by ICAI: (Parent
ds vuqlkj lacaf/kr i{kksa dk izdVhdj.k% ¼ewy daiuh½ Company)
lacaf/kr i{kksa ds uke vkSj cSad ds lkFk muds laca/k% Names of the related parties and their relationship with the
Bank:
izca/ku ds izeq[k dk£ed ¼ds,eih½% Key Management Personnel (KMP):
i½ Jh vrqy dqekj xks;y] izca/k funs'kd ,oa eq[; dk;Zikyd i) Shri Atul Kumar Goel, Managing Director & CEO, w.e.f.
vfèkdkjh] 01-02-2022 ls 01.02.2022
ii½ Jh lh,p ,l ,l efYydktqZu jko] izca/k funs'kd ,oa eq[; ii) Shri CH S S Mallikarjuna Rao, Managing Director & CEO,
dk;Zikyd vf/kdkjh] 31-01-2022 rd upto 31.01.2022
iii) Shri Agyey Kumar Azad, Executive Director, up to 30.04.2021
iii½ Jh vKs; dqekj vktkn] dk;Zikyd funs'kd] 30-04-2021 rd
iv) Shri Sanjay Kumar, Executive Director
iv½ Jh lat; dqekj] dk;Zikyd funs'kd
v) Shri Vijay Dube, Executive Director
v½ Jh fot; nqcs] dk;Zikyd funs'kd
vi) Shri Swarup Kumar Saha, Executive Director
vi½ Jh Lo:i dqekj lkgk] dk;Zikyd funs'kd
vii) Shri Kalyan Kumar, Executive Director, w.e.f. 21.10.2021
vii½ Jh dY;k.k dqekj] dk;Zikyd funs'kd] 21-10-2021 ls
leuq"kaxh% Subsidiaries:
i) ih,uch fxYV~l fy- i) PNB Gilts Ltd.
ii) ih,uch bUosLVesaV lfoZlst fy- ii) PNB Investment Services Ltd.
iii) ih,uch dkM~lZ ,aM lfoZlst fy- iii) PNB Cards and Services Ltd.
iv) iatkc uS'kuy cSad ¼baVjus'kuy½ fy-] ;wds iv) Punjab National Bank (International) Ltd., UK.
v) Mªqd ih,uch cSad fyfeVsM] HkwVku- v) Druk PNB Bank Ltd, Bhutan.
Associates:
lg;ksxh%
i) ih,uch esVykbQ bafM;k bU';ksjsal daiuh* i) PNB Metlife India Insurance Company Ltd*
421
ii) ih,uch gkmflax Qkbusal fyfeVsM
iii) ts,llh ¼Vsaxjh cSad½] vYekVh] dtk[kLrku**
iv) dsujk] ,p,lchlh] vksfj,aVy cSad vkWQ+ dkWelZ ykbQ bU';ksjsal daiuh fy-
v) Hkkjr ,l,ebZ vkfLr iqu£uekZ.k daiuh fy-
vi) ,osjsLV cSad fyfeVsM] dkBekaMw] usiky
vii) nf{k.k fcgkj xzkeh.k cSad] iVuk
viii) fgekpy izns'k] xzkeh.k cSad] eaMh
ix) iatkc xzkeh.k cSad] diwjFkyk
x) loZ gfj;k.kk xzkeh.k cSad] jksgrd
xi) izFkek ;wih xzkeh.k cSad] eqjknkckn
xii) vle xzkeh.k fodkl cSad] xqokgkVh
xiii) caxh; xzkeh.k fodkl cSad] if'Pke caxky
xiv) ef.kiqj xzkeh.k@:jy cSad] bEQky
xv) f=kiqjk xzkeh.k cSad] vxjryk
*ih,uch us czkaM bfDoVh ds :i esa 700-48 #i;s esa ih,uch esVykbQ esa 30% fgLlsnkjh dk vf/kxzg.k fd;k gSA
**,,Qvkj us 18-09-2020 ls ts,llh Vsaxjh cSad dk ykblsal jí dj fn;k vkSj ;g ifjlekiu ds v/khu gSA
vU;%
i½ ih,uch lsaVsujh :jy MsosyiesaV VªLV
422
ii) PNB Housing Finance Limited
iii) JSC (Tengri Bank), Almaty, Kazakhstan**
iv) Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.
v) India SME Asset Reconstruction Co. Ltd.
vi) Everest Bank Limited, Kathmandu, Nepal
vii) Dakshin Bihar Gramin Bank, Patna
viii) Himachal Pradesh Gramin Bank, Mandi
ix) Punjab Gramin Bank, Kapurthala
x) Sarva Haryana Gramin Bank, Rohtak
xi) Prathama UP Gramin Bank, Moradabad
xii) Assam Gramin Vikas Bank, Guwahati
xiii) Bangiya Gramin Vikas Bank, West Bengal
xiv) Manipur Rural Bank, Imphal
xv) Tripura Gramin Bank, Agartala
*PNB has acquired 30% stake in PNB Metlife at consideration of Rs. 700.48 as brand equity.
**AFR revoked license of JSC Tengri Bank w.e.f. 18.09.2020 and is under Liquidation.
Others:
i) PNB Centenary Rural Development Trust
423
lacaf/kr i{kksa ds lkFk ysunsu%
ewy** ¼LokfeRo ;k lgk;d@la;qä izeq[k izca/ku dk£edksa
leuq"kaxh** izeq[k izca/ku dk£ed dqy
fu;a=k.k ds vuqlkj½ miØe ds fj'rsnkj


cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
ensa@lacaf/kr i{k
ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - 2.74 - - - 2.74 -
ikfjJfed
ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - (3.45) - - - (3.45) -
m/kkj
tekjkf'k
tekjkf'k;ksa dk fu;kstu
vU; ns;rk,a
cSadksa esa tekjkf'k;ksa ,oa ykxw ugha ykxw ugha ykxw ugha ykxw ugha 38.27 767.65 - - - - 38.27 767.65
ekax vkSj vYi lwpuk
ij izfrns; jkf'k
vfxze ykxw ugha ykxw ugha ykxw ugha ykxw ugha 0.00 0.00 - - - - 0.00 0.00
vfxze ykxw ugha ykxw ugha ykxw ugha ykxw ugha 0.00 0.00 - - - - 0.00 0.00
vfxze ¼vU;½
fuos'k
fMcsapjksa esa fuos'k
vU; vkfLr;ka
xSj& fuf/kd izfrc)rk,a ykxw ugha ykxw ugha ykxw ugha ykxw ugha 17.89 17.89 - - - - 17.89 17.89
¼,ylh@chth½ ykxw ugha ykxw ugha ykxw ugha ykxw ugha (5.99) (5.99) - - - - (5.99) (5.99)
iV~Vsnkjh@,pih - - - - - - - -
O;oLFkk dk ykHk mBk;k
iV~Vsnkjh@,pih - - - - - - - -
O;oLFkk iznku dh xbZ
[kjhn
fcØh
vkbZchihlh fcØh lkSnk ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
vkbZchihlh [kjhn lkSnk ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
424
Transactions with Related Parties:
(Amount in ` Crores)
ventures Personnel
control) Personnel
standing during the year

Outstanding at year end

Maximum amount out-
Maximum amount out-
Maximum amount out-
Maximum amount out-
Maximum amount out-
Maximum amount out-

N.A N.A N.A N.A - - 2.74 - - - 2.74 -

Remuneration
N.A N.A N.A N.A - - (3.45) - - - (3.45) -
N.A N.A N.A N.A 25.01 25.01 - - - - 25.01 25.01
Borrowings
N.A N.A N.A N.A (25.01) (25.01) - - - - (25.01) (25.01)
N.A N.A N.A N.A 88.80 92.56 - - - - 88.80 92.56
Deposits
N.A N.A N.A N.A (96.06) (116.44) - - - - (96.06) (116.44)
N.A N.A N.A N.A 0.00 0.00 - - - - 0.00 0.00
Placement of Deposits
N.A N.A N.A N.A 0.00 0.00 - - - - 0.00 0.00
N.A N.A N.A N.A 0.61 1.52 - - - - 0.61 1.52
Other Liabilities
N.A N.A N.A N.A (0.30) (7.45) - - - - (0.30) (7.45)
Balance with banks and Money N.A N.A N.A N.A 38.27 767.65 - - - - 38.27 767.65
at call and short notice N.A N.A N.A N.A (1745.04) (2772.04) - - - - (1745.04) (2772.04)
N.A N.A N.A N.A 0.00 0.00 - - - - 0.00 0.00
Advances (IBPC borrowings)
N.A N.A N.A N.A (0.00) (0.00) - - - - (0.00) (0.00)
N.A N.A N.A N.A 0.00 0.00 - - - - 0.00 0.00
Advances (IBPC lending)
N.A N.A N.A N.A (0.00) (0.00) - - - - (0.00) (0.00)
N.A N.A N.A N.A 4325.89 4634.45 - - - - 4325.89 4634.45
Advances (Others)
N.A N.A N.A N.A (4648.43) (5384.44) - - - - (4648.43) (5384.44)
N.A N.A N.A N.A 817.54 817.54 - - - - 817.54 817.54
Investments
N.A N.A N.A N.A (717.54) (717.54) - - - - (717.54) (717.54)
N.A N.A N.A N.A - - - - - - - -
Investments in Debentures
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A 129.82 212.15 - - - - 129.82 212.15
Other Assets
N.A N.A N.A N.A (259.28) (313.07) - - - - (259.28) (313.07)
N.A N.A N.A N.A 17.89 17.89 - - - - 17.89 17.89
Non funded Commitments
(LCs/BGs) N.A N.A N.A N.A (5.99) (5.99) - - - - (5.99) (5.99)
Leasing/ HP arrangements
N.A N.A N.A N.A - - - - - - - -
availed
Leasing/ HP arrangements pro-

N.A N.A N.A N.A - - - - - - - -
vided
Purchase of fixed assets N.A N.A N.A N.A - - - - - - - -
Sale of Fixed Assets N.A N.A N.A N.A - - - - - - - -
Transaction IBPC Sale Deal N.A N.A N.A N.A - - - - - - - -

Value N.A N.A N.A N.A - - - - - - - -
Transaction IBPC Purchase Deal N.A N.A N.A N.A - - - - - - - -

Value N.A N.A N.A N.A - - - - - - - -
425
ewy** ¼LokfeRo ;k lgk;d@la;qä izeq[k izca/ku dk£edksa
leuq"kaxh** izeq[k izca/ku dk£ed dqy
fu;a=k.k ds vuqlkj½ miØe ds fj'rsnkj


cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
cdk;k jkf'k
ensa@lacaf/kr i{k
tekjkf'k;ksa ij iznÙk ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
vkbZchihlh ij iznÙk ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
vU; iznÙk C;kt
vkbZchihlh ij izkIr ykxw ugha ykxw ugha ykxw ugha ykxw ugha - - - - - - - -
vU; izkIr C;kt

lsokvksa dh izkfIr

lsokvksa dk izfriknu
izca/ku lafonk,a

izkIr ykHkka'k

cSad izHkkj

ckW.M ij iznÙk C;kt

izkIr deh'ku
vU; O;;
vU; vk;
uksV% 1- ** vuq"kafx;ksa vkSj dqN lg;ksxh laLFkkvksa ds lkFk ysu&nsu dk izdVhdj.k ys[kk ekud&18 *lacaf/kr ikVhZ izdVhdj.k* ds iSjk&9 ds eísutj
ugha fd;k x;k gS] tks jkT; fu;af=kr m|eksa dks mudh ,slh vU; lacaf/kr ik£V;ksa ls ysunsu esa fdlh ls lacaf/kr lwpuk nsus ls NwV nsrk gS] tks jkT;
}kjk fu;af=kr gksA
2- blds vykok] ys[kk ekud 18 ds iSjk 5 ds lUnHkZ esa] cSadj&xzkgd laca/kksa dh izÑfr esa ysunsu dk [kqyklk ugha fd;k x;k gS] ftlesa izeq[k izca/ku
dkfeZdksa vkSj izeq[k izca/ku dk£e;ksa ds fj'rsnkjksa ds lkFk ysunsu 'kkfey gSaA
3- fjiksVZ dh xbZ jkf'k izko/kku dk fuoy gS] ;fn dksbZ gksA
4- dks"Bdksa esa fn, x, vkadM+s fiNys o"kZ ls lacaf/kr gSa vkSj tgka dgha vko';d gks] mUgsa iqulZewfgr@iquO;ZofLFkr@iquoZxhZÑr fd;k x;k gSA
426
ventures Personnel
control) Personnel


Maximum amount out-
Maximum amount out-
Maximum amount out-
Maximum amount out-
Maximum amount out-
Maximum amount out-

N.A N.A N.A N.A - - - - - - - -

Interest paid on Deposits
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Interest Paid on IBPC
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A 4.70 - - - - - 4.70 -
Interest Paid Others
N.A N.A N.A N.A (16.67) - - - - - (16.67) -
N.A N.A N.A N.A - - - - - - - -
Interest received on IBPC
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A 586.65 - - - - - 586.65 -
Interest received Others
N.A N.A N.A N.A (860.17) - - - - - (860.17) -
N.A N.A N.A N.A - - - - - - - -
Receiving of Services
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Rendering of Services
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A 0.54 - - - - - 0.54 -
Management contracts
N.A N.A N.A N.A (0.54) - - - - - (0.54) -
N.A N.A N.A N.A - - - - - - - -
Dividend received
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Bank Charges
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -

Interest Paid on Bonds
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A - - - - - - - -
Commission Received
N.A N.A N.A N.A - - - - - - - -
N.A N.A N.A N.A 194.21 - - - - - 194.21 -
Other Expenditure
N.A N.A N.A N.A (79.16) - - - - - (79.16) -
N.A N.A N.A N.A 288.90 - - - - - 288.90 -
Other Income
N.A N.A N.A N.A (436.16) - - - - - (436.16) -
Notes: 1. **The transactions with the subsidiaries and certain associates have not been disclosed in view of para-9 of AS-18 ‘Related
Party Disclosure’, which exempts state controlled enterprises from making any disclosures pertaining to their transactions with other
related parties, which are also state controlled.
2. Further, in terms of Paragraph 5 of AS 18, transactions in the nature of Banker-Customer relationship have not been disclosed
including those with Key Management Personnel and relatives of Key Management Personnel.
3. The amounts reported are net of provision, if any.
4. Figures in brackets relate to previous year and have been regrouped / rearranged / reclassified wherever necessary.
427
4-8- ys[kk ekud 19 & iV~Vs ¼ewy daiuh½ 4.8. Accounting Standard 19 - Lease (Parent Company)
i- ifjpkyu iV~Vs esa eq[; :i ls dk;kZy; ifjlj 'kkfey gksrs gSa] i. Operating lease primarily comprise office premises, which
tks fd cSad ds fodYi ij lkekU; :i ls gj 3@5 o"kZ ds var esa are renewable at the option of the bank normally at the
uohdj.kh; gksrs gSaA end of every 3 / 5th years.
ii- miyC/k tkudkjh ds vuqlkj] 31-03-2022 dks xSj&jí djus ;ksX; ii. As per information available, Non-Cancellable lease as on
iêk% 'kwU; ¼fiNys o"kZ% 'kwU;½A 31.03.2022: NIL (Previous year: NIL).
iii- ifjpkyu iV~Vs ds fy, ykHk ,oa gkfu ys[ks esa ekU;rk izkIr iV~Vs ds iii. Amount of lease payment recognized in P & L Account for
operating lease is as under:
Hkqxrku dh jkf'k fuEukuqlkj gS%
iês @ fdjk, ds ¼jkf'k iês @ fdjk, ds ¼jkf'k No. of lease / (Amount No. of lease / (Amount
ifjljksa dh la[;k djksM+ #- esa½ ifjljksa dh la[;k djksM+ #- es½a rented premises in `Crore) rented premises in `Crore)
15750 782-24 16050 790-74 15750 782.24 16050 790.74
4-9 ys[kk ekud 20 & izfr 'ks;j miktZu 4.9 Accounting Standard 20 - Earnings per Share
fooj.k pkyw o"kZ xr o"kZ Previous
Particulars Current Year
Year
izfr 'ks;j miktZu csfld 3.53 2.64
Earnings per Basic 3.53 2.64
gzkflr 3.53 2.64
Share Diluted 3.53 2.64
dj ds i'Pkkr U;wejsVj ds :i esa 3860-74 2561-97
Amount used as numerator
mitksM+ dh xbZ jkf'k ¼#- djksM+ esa½ 3860.74 2561.97
Profit after tax (Rs. In Crore)
'ks;jksa dk vafdr ewY; #-2-00 izR;sd #-2-00 izR;sd Nominal value of shares Rs.2.00 each Rs.2.00 each
gj ¼fMuksfeusVj ds :i esa mitksM+ 10946723321 9705896011 Weighted average number
fd, x, bfDoVh 'ks;jksa dh Hkkfjr of equity shares used as the 10946723321 9705896011
vkSlr la[;k denominator
4-10 vkLFkfxr dj vkfLr;ksa vkSj ns;rk ds izeq[k 4.10 Major components of deferred tax assets and
liability are set out below:
?kVd fuEufyf[kr gSa% (Amount in ` Crore)
Current Previous
fooj.k pkyw o"kZ xr o"kZ Particulars
Year Year
vkLFkfxr dj vkfLr;ka Deferred Tax Assets
v'kks/; vkSj lafnX/k _.kksa ds fy, izkoèkku 23821.55 25408.71
Provision for bad & doubtful debts 23821.55 25408.71
NqV~Vh udnhdj.k ds fy, izko/kku 113.17 1227.01
Provision for leave encashment 113.17 1227.01
isa'ku vkSj minku ds fy, izko/kku 0.21 0.07
Provision for Pension & Gratuity 0.21 0.07
dj ;ksX; gkfu ¼vkxs ys tk;k x;k½ 2353.34 1335.75
Taxable Loss (Carried Forward) 2353.34 1335.75
iwoZ&fuxeu O;; 0.05 0.00 Pre-Incorporation Expenditure 0.05 0.00
vpy vkfLr;ksa ij ewY;gzkl 162.44 0.29 Depreciation on fixed assets 162.44 0.29
vU; vkdfLedrk,a 189.40 237.78 Others Contingencies 189.40 237.78
dqy 26640.16 28209.61 Total 26640.16 28209.61
vkLFkfxr dj ns;rk,a Deferred Tax Liabilities
vpy vkfLr;ksa ij ewY;gzkl -233.45 -164.13 Depreciation on fixed assets -233.45 -164.13
vk;dj vf/kfu;e] 1961 dh /kkjk 1170.31 1135.37 Deduction u/s 36(1)(viii)of Income- 1170.31 1135.37
36¼1½¼viii½ ds rgr dVkSrh tax Act,1961
vU; 0.00 216.91 Others 0.00 216.91
dqy 936.86 1188.15 Total 936.86 1188.15
vkLFkfxr dj vkfLr;ka@¼ns;rk,a½& fuoy 25703.30 27021.46 Deferred Tax Assets/ (Liability) – Net 25703.30 27021.46
428
4-11 ys[kk ekud 28 & vkfLr;ksa dh {kfr 4.11 Accounting Standard 28 - Impairment of Assets
A substantial portion of the bank’s assets comprises ‘financial
cSad dh vkfLr;ksa dk ,d cM+k fgLlk ^foÙkh; vkfLr;ksa* dk gS ftuij
assets’ to which Accounting Standard 28 ‘Impairment of Assets’
ys[kk ekud 28 ^^vkfLr;ksa dh {kfr** ykxw ugha gksrh gSA cSad dh jk; esa
is Not Applicable. In the opinion of the bank, there is no
bldh vkfLr;ksa ¼ftu ij ekud ykxw gksrk gS½ dh mä ekud dh 'krZ impairment of its assets (to which the standard applies) to any
ds v/khu visf{kr ekU;rk gsrq 31-03-2021 dks fdlh egRoiw.kZ lhek rd material extent as at 31.03.2022 requiring recognition in terms
{kfr ugha gSA ¼xr o"kZ% cSad dh laifÙk ds ,d cM+s fgLls esa *foÙkh; laifÙk* of the said standard. (Previous year: A substantial portion of the
'kkfey gS] ftl ij ys[kk ekud 28 ^^vkfLr;ksa dh {kfr** ykxw ugha gSA bank’s assets comprises ‘financial assets’ to which Accounting
cSad dh jk; esa] bldh laifÙk dh dksbZ {kfr** ugha gS ¼ftl ij ekud Standard 28 ‘Impairment of Assets’ is Not Applicable. In
ykxw gksrk gS½ 31-03-2021 rd fdlh Hkh HkkSfrd lhek rd mä ekud ds the opinion of the bank, there is no impairment of its assets
vuqlkj ekU;rk dh vko';drk gS½A (to which the standard applies) to any material extent as at
31.03.2021 requiring recognition in terms of the said standard).
4-12 ys[kk ekud 29 & izko/kku] vkdfLed ns;rk,a 4.12 Accounting Standard 29 - Provisions, Contingent
vkSj vkdfLed vkfLr;ka Liabilities and Contingent Assets
i. nsunkfj;ksa ds fy, izko/kkuksa dk mrkj&p<+ko* i. Movement of provisions for liabilities *
osru leÖkkSrs ds dkuwuh ekeys@ Salary arrears Legal cases/
fooj.k Particulars
vèkhu osru cdk;k vkdfLerk,a under negotiation contingencies
Balance as at 1st
1 vizSy] 2021 rd 44-00 74-20 April 2021 44.00 74.20
'ks"k ¼911-91½ ¼29-35½ (911.91) (29.35)
vof/k ds nkSjku 0-00 11-81 Provided during 0.00 11.81
miyC/k djk;k x;k ¼2026-41½ ¼48-95½ the year (2026.41) (48.95)
vof/k ds nkSjku 0-00 0-23 Amounts used 0.00 0.23
during the year (2316.96) (0.23)
iz;qä jkf'k;ka ¼2316-96½ ¼0-23½
vof/k ds nkSjku 44-00 2-27 Reversed during 44.00 2.27
the year (577.36) (3.87)
izR;ko£rr jkf'k ¼577-36½ ¼3-87½
31-03-2022 dks 'ks"k 0-00 83-51 Balance as at 0.00 83.51
31.03.2022
¼44-00½ ¼74-20½ (44.00) (74.20)
okLrfod Hkqxrku ij fuiVku@ fØLVyhdj.k On actual Pay- Outflow on settle-
cfgxZeu@ ij cfgxZeu Timing of outflow/ ment ment / crystallization
vfuf'Pkrrk dk le; okLrfod Hkqxrku ij fuiVku@ fØLVyhdj.k uncertainties On actual Pay- Outflow on settle-
ij cfgxZeu ment ment / crystallization
*vU; ds fy, izko/kkuksa dks NksM+dj * Excluding provisions for others
ii- ykHk vkSj gkfu ys[ks esa O;; 'kh"kZ ds rgr fn[kk, x, ii Break-up of “Provisions and Contingencies” shown under
Þizkoèkkuksa vkSj vkdfLedrkvksaÞ dk fooj.k fuEufyf[kr gS% the head Expenditure in Profit and Loss Account is as follows:
fooj.k pkyw o"kZ xr o"kZ Current Previous

Particulars
Year Year
,uihvkbZ ds fy, izko/kku 348.50 -221.70 Provisions for NPI 348.50 -221.70
vutZd vkfLr;ksa ds izko/kku 14123.13 17462.42 Provision towards NPAs 14123.13 17462.42
,uih, ds fy, vLFkk;h izko/kku ¼Hkkjrh; fjt+oZ Floating provisions for NPAs (over
and above RBI provisioning norms)
cSad ds izko/kkuhdj.k ekunaMksa ls vf/kd½ 0.00 0.00 0.00 0.00
ekud vkfLr;ksa ds fy, izko/kku 1259.14 1214.38 Provision towards Standard Assets 1259.14 1214.38
vk;dj ds fy, fd;k x;k izko/kku ¼,QchVh Provision made towards Income-tax
(including FBT & Wealth Tax )
vkSj laifr dj lfgr½ 918.50 1629.93 918.50 1629.93
vU; izko/kku vkSj vkdfLedrk,a 700.41 612.14 Other Provisions & Contingencies
700.41 612.14
dqy 17349.68 20697.17 Total 17349.68 20697.17
429
4-13 vkdfLed ns;rkvksa ij vuqlwph&12 ns[ksa 4.13 Refer Schedule-12 on Contingent Liabilities
,slh ns;rk,a U;k;ky;@fookpu@U;k;ky; ls ckgj leÖkkSrksa] vihyksa Such liabilities are dependent upon the outcome of Court/
arbitration/out of court settlement, disposal of appeals, and
ds fuiVku rFkk ekaxh x;h jkf'k] lafonkxr nkf;Roksa dh 'krks±] lEc) the amount being called up, terms of contractual obligations,
i{kksa }kjk dh x;h rFkk mBkbZ x;h ekaxksa ij Øe'k% vk/kkfjr gSA ,sls devolvement and raising of demand by concerned parties,
ekeyksa esa dksbZ izfriw£r visf{kr ugha gSA respectively. No reimbursement is expected in such cases.
4-14 vLFkk;h izko/kkuksa dk fooj.k fuEufyf[kr gS% 4.14 Break-up of Floating Provisions is as follows:

Current Previous
fooj.k pkyw o"kZ xr o"kZ Particulars
Year Year
Opening balance 0.00 360.25
izkjafHkd 'ks"k 0-00 360-25
Quantum of floating provisions made 0.00 24.12
o"kZ ds nkSjku fd, x, vLFkk;h 0-00 24-12 during the year
izkoèkkuksa dh ek=kk
o"kZ ds nkSjku vkgj.k ¼Mªk Mkmu½ 0-00 384-37 Purpose and amount of draw down 0.00 384.37
made during the year
dk mís'; vkSj jkf'k
vafre 'ks"k 0-00 'kwU; Closing balance 0.00 NIL
4-15- izdVhdj.k% pqdkSrh vk'oklu i=k ¼,yvkslh½ 4.15. Disclosure: Letter of Comfort (LoC)
^^cSad us ;wukbVsM ¯dxMe fu;a=kd izqMsaf'k;y fofu;ked izkf/kdj.k “The Bank has issued a Letter of Comfort to Prudential
¼ihvkj,½ dks ,d pqdkSrh vk'oklu i=k tkjh fd;k gS ftlesa bl ckr Regulation Authority (PRA), the regulator in United Kingdom,
dk vk'oklu fn;k x;k gS fd cSad viuh vuq"kaxh iatkc uS'kuy cSad committing that the bank shall provide financial support to
¼baVjus'kuy½ fyfeVsM] ;w-ds- dks foÙkh; lgk;rk iznku djsxk rkfd og its subsidiary, Punjab National Bank (International) Ltd., UK so
ns; gksus ij viuh foÙkh; izfrc)rk,a iwjh dj ldsA** that it meets its financial commitments as and when they fall
due”.
gekjh lgk;d daiuh ih,uchvkbZ,y ds lanHkZ esa ihvkj, ds i{k esa gekjs The said letter of Comfort has been renewed on 15.03.2022
cksMZ dh eatwjh ysus ds ckn 15-03-2022 dks mä pqdkSrh vk'oklu i=k after seeking approval of our Board in favor of PRA w.r.t. our
dk uohuhdj.k fd;k x;k gS] ftlesa geus viuh izfrc)rk nksgjkbZ gSA subsidiary PNBIL wherein we have reiterated our commitment.
uohuhdj.k ihvkj, vkSj vkjchvkbZ ds funsZ'k ds vuqlkj fd;k x;k FkkA The renewal was done as per instruction of PRA and RBI.
mijksä ds vykok] cSad us lewg laLFkkvksa ¼{ks=kh; xzkeh.k cSadksa dks Apart from the above, the Bank has not issued any Letter of
NksM+dj½ dks dksbZ pqdkSrh vk'oklu i=k tkjh ugha fd;k gS vkSj blfy,] Comfort to Group Entities (Excl. RRBs) and therefore, there are
pqdkSrh vk'oklu i=k ds rgr dksbZ lap;h foÙkh; nkf;Ro ugha gSaA no cumulative financial obligations under Letter of Comfort.
4-16- izdVhdj.k% opu i=k 4.16. Disclosure: Letter of Undertaking
^^cSad us varjkZ"Vªh; foÙkh; lsok dsaæ izkf/kdj.k ¼IFSCA½] fx¶V “The Bank has issued a Letter of Undertaking to International
flVh] xka/khuxj] xqtjkr dks ,d opu i=k tkjh fd;k gS fd og Financial Services Centers Authority (IFSCA), GIFT City,
;w,lMh 20-00 fefy;u dh vko';d iwath lgk;rk iznku djsxkA Gandhinagar, Gujarat that it will provide necessary Capital
support of USD 20.00 Mio.
blds vykok] cSad bl ckr dh iqf"V djrk gS fd og bl rjg dk leFkZu Further, the Bank hereby confirms that it will provide such
vkSj lgk;rk iznku djsxk ¼tc Hkh vko';d gks] rjyrk lfgr½ vkSj support and assistance (including liquidity, whenever needed)
and may be appropriated to enable the IFSC Banking Unit to
lapkyu ds nkSjku nkf;Roksa dks iwjk djus ds fy, vkbZ,Q,llh cSa¯dx
meet obligations in the course of the operation”.
;wfuV dks l{ke djus ds fy, fofu;ksftr fd;k tk ldrk gSA
Apart from the above the Bank has not issued any Letter of
mijksä ds vykok cSad us fons'kh 'kk[kkvksa ds fy, dksbZ pqdkSrh vk'oklu
Comfort for overseas branches and there are no cumulative
i=k* tkjh ugha fd;k gS vkSj pqdkSrh vk'oklu i=k* ds rgr dksbZ lap;h
financial obligations under Letter of Comfort
foÙkh; nkf;Ro ugha gSA
4-17 lesfdr foÙkh; ifj.kke Þlesfdr foÙkh; fooj.kÞ ij ys[kk ekud 4.17 The Consolidated financial results are prepared in
21 ds vuqlkj] Þlesfdr foÙkh; fooj.kksa esa ,lksfl,V~l esa fuos'k ds fy, accordance with Accounting Standard 21 on “Consolidated
430
ys[kkaduÞ ij baLVhV~¸kwV vkWQ pkVZMZ vdkmaVsaV~l vkWQ bafM;k }kjk vkSj Financial Statements”, Accounting Standard 23 on “Accounting
vkjchvkbZ }kjk tkjh fn'kk&funsZ'k ys[kk ekud 23 vkSj Þla;qä m|eksa for Investment in Associates in Consolidated Financial
Statements” and Accounting Standard 27 on “Financial
esa C;kt dh foÙkh; fjiks²VxÞ ij ys[kk ekud 27 ds vuqlkj rS;kj fd,
Reporting of Interest in Joint Ventures” issued by the Institute
tkrs gSaA
of Chartered Accountants of India and guidelines issued by RBI.
4-18- Hkkjr lfgr dbZ ns'kksa esa dksfoM&19 egkekjh blds 4.18. COVID - 19 pandemic across several countries including
ifj.kkeLo:i oSf'od vkSj lkFk gh Hkkjrh; foÙkh; cktkjksa vkSj India has resulted in a significant decline and volatility in global
vk£Fkd xfrfof/k;ksa esa egRoiw.kZ fxjkoV vkSj vfLFkjrk vkbZ gSA Hkkjr as well as Indian financial markets and economic activities.
ljdkj us ekpZ 2020 ds ckn ls ykWd Mkmu mik;ksa dh ,d Jà[kyk The Government of India announced a series of lock down
dh ?kks"k.kk dh] tks fofHkUUk ljdkjksa }kjk vius&vius vf/kdkj {ks=k esa measures since March 2020 onwards, which were lifted and
re-imposed for activities by various Governments at various
izpfyr fLFkfr ds vk/kkj ij fofHkUUk le; ij xfrfof/k;ksa vkSj blds
points of time depending on the situation prevailing in their
ifj.kkeLo:i O;kikj vkSj vke thou ds fy, mBkbZ xbZ vkSj fQj ls
respective jurisdictions and the same had resulted in disruption
ykxw dh xbZaA of business and common life.
dksfoM&19 ds u, :iksa ds dkj.k fLFkfr vfuf'Pkr cuh gqbZ gS vkSj cSad The situation continues to be uncertain due to new variants of
fujarj vk/kkj ij fLFkfr dk ewY;kadu dj jgk gSA dksfoM&19 egkekjh COVID-19 and the Bank is evaluating the situation on ongoing
cSad ds ifj.kkeksa dks fdl gn rd izHkkfor djsxh] ;g Hkfo"; ds fodkl basis. The extent to which the COVID-19 pandemic will impact
ij fuHkZj djsxkA cSad ds fy, izeq[k igpkuh xbZ pqukSfr;k¡ udnh& the Bank’s results will depend on future developments. The
izokg vkSj foLrkfjr dk;Z'khy iwath pØ ds {kj.k ls mRiUUk gksaxhA bu major identified challenges for the Bank would arise from
pqukSfr;ksa dk lkeuk djus ds fy, cSad lHkh ekspks± ij [kqn dks rS;kj dj eroding cash-flows and extended working capital cycles. The
jgk gSA Bank is gearing itself on all the fronts to meet these challenges.
4-19- /kks[kk/kM+h [kkrs 4.19. Fraud accounts

Current Previous
fjiksVZ dh xbZ /kks[kk/kM+h dh m/kkjdrkZ 142 153@ Borrowal 142 153@
Number of frauds
la[;k Non Borrowal 289 561#
xSj m/kkjdrkZ 289 561# reported
TOTAL 431 714
dqy 431 714 Borrowal 9553.81 10872.49
Amount i volved in
/kks[kk/kM+h esa 'kkfey jkf'k m/kkjdrkZ 9553.81 10872.49 Non Borrowal 25.99 75.02
fraud (` crore)
¼` djksM+½ TOTAL 9579.80 10947.51
xSj m/kkjdrkZ 25.99 75.02
Amount of pro- Borrowal 8524.87 9197.38
dqy 9579.80 10947.51 vision made Non Borrowal 19.26 54.99
,slh /kks[kk/kM+h ds fy, fd, m/kkjdrkZ 8524.87 9197.38 for such frauds TOTAL
(` crore) 8544.13 9252.37
x, izko/kku dh jkf'k xSj m/kkjdrkZ 19.26 54.99
Amount of Unam-
¼` djksM+½ dqy 8544.13 9252.37 ortised provision
debited from ‘other
o"kZ ds var esa *vU; vkjf{kr* - 1028.95 1013.10
reserves’ as at the
ls ukes fd, x, vla'kksf/kr & 1028.95 1013.10 end of the year.
izko/kku dh jkf'kA ¼` djksM+½ (` crore)
@
153 [kkrksa esa ls] 13 [kkrs iqjkus /kks[kk/kM+h ekeys ds gS vkSj ` 854-49 @
Out of 153 accounts, 13 accounts are old fraud cases &
djksM+ dh o`f) dh xbZ gS vkSj vuqdwyhdj.k ds dkj.k vkjchvkbZ dks `854.49 Crores have been enhanced & updated to RBI due to
viMsV fd;k x;k gSA 561 [kkrksa esa ls] 1 [kkrk iqjkus /kks[kk/kM+h ekeys harmonization. #Out of 561 accounts, 1 account is old fraud case
dk gS vkSj `18-00 djksM+ dh o`f) dh xbZ gS vkSj vuqdwyhdj.k ds dkj.k & `18.00 Crores have been enhanced & updated to RBI due to
vkjchvkbZ dks viMsV fd;k x;k gSA harmonization.
5- 1- tgk¡ dgha Hkh vko';d gks] fiNys o"kZ ds vkadMsa iqu% 5. 1 Figures of the previous year have been regrouped
/ rearranged / reclassified wherever necessary to
lewfgr@ iqu% O;ofLFkr@ iqu% oxhZÑr fd, x, gSaA conform to current period’s classification.
2- tgk¡ Hkh vkadMs izdks"B esa fn, x, gS ¼en la- 4-5 - ys[kk 2. Figures in the bracket wherever given (except Item no.
ekud 15& deZpkjh ykHk dks NksM+dj½] os fiNys o"kZ ls 4.5 - Accounting Standard 15 - Employees Benefits) re-
lEcfU/kr gSA lates to previous year.
431
31 ekpZ 2022 dks lekIr o"kZ ds fy, lesfdr udnh izokg dk fooj.k
STATEMENT OF CONSOLIDATED CASH FLOW FOR THE YEAR ENDED 31ST MARCH, 2022
31-03-2022 31-03-2021 dks
31.03.2022 31.03.2021
,- ifjpkyu dk;Zdykiksa ls udnh izokg

A. Cash Flow from Operating Activities
dj ds i'Pkkr fuoy ykHk
Net Profit/(Loss) after Tax 3,860.74 2,561.97
dj ds fy, izko/kku
Provision for Tax 918.56 1,632.03
(I) dj ls iwoZ fuoy ykHk (i) 4,779.30 4,194.00
Net Profit before taxes
(II) fuEufyf[kr ds fy, lek;kstu

Adjustments for:
vpy vkfLr;ksa ij ewY;âkl
Depreciation on fixed assets 896.17 982.23
fuos'k ¼fuoy] ij ewY;âkl@¼fjfyt½
Depreciation/(Release) on Investments [net] 804.87 659.56
vutZd vkfLr;ksa ds fy, izko/kku
Provisions for non performing assets 14,136.09 17,403.04
ekud vkfLr;ksa ij izko/kku
Provision on Standard Assets 1,648.42 1,280.67
vU; izko/kku ¼fuoy½
Other Provision (net) 311.08 568.24
,lksfl,V~l esa miktZu dk 'ks;j
Shares of earning in Associates (231.63) (542.16)
vpy vkfLr;ksa ¼fuoy½ dh fcØh ls ykHk ¼gkfu½
Profit / Loss on sale of Fixed Assets (net) (14.40) 12.74
Interest paid on Bonds 2,202.25 1,992.87
mi tksM+ (ii) 19,752.86 22,357.19
Sub Total
ifjpkyu vkfLr;ksa o ns;rkvksa esa ifjorZuksa ls iwoZ ifjpkyu ykHk (i+ii) 24,532.16 26,551.19
Operating Profit before Changes in Operating Assets and Liabilities
ifjpkyu vkfLr;ksa o ns;rkvksa esa fuoy ifjorZu ds fy, lek;kstu

(III) Adjustment for net change in Operating Assets and Liabilities
fuos'kksa esa âkl@¼o`f)½
Decrease / (Increase) in Investments 15,205.07 (19,674.40)
vfxzeksa esa âkl@¼o`f)½
Decrease / (Increase) in Advances (68,538.09) 4,878.64
vU; ifjlaifÙk;ksa esa âkl@¼o`f)½
Decrease / (Increase) in Other Assets 938.74 (6,418.54)
432
31-03-2022 31-03-2021 dks
31.03.2022 31.03.2021
tek jkf'k;ksa esa o`f)@¼âkl½
Increase / (Decrease) in Deposits 40,517.59 35,746.18
m/kkjksa esa o`f)@¼âkl½
Increase / (Decrease) in Borrowings 4,619.51 (30,005.77)
vU; ns;rkvksa o izko/kkuksa esa o`f)@¼âkl½
Increase / (Decrease) in Other Liabilities & Provisions 4,286.47 (9,523.45)
(iii) (2,970.71) (24,997.34)
ifjpkyuksa ls fufeZÙk udnh (i+ii+iii) 21,561.45 1,553.85
Cash generated from Operations
iznÙk izR;{k dj ¼izfrns; jkf'k dks NksM+dj½
Direct Taxes paid (net off Refund) (1,629.12) (314.32)
,- ifjpkyu dk;Zdykiksa ls 'kq) udnh ¼,½ 19,932.33 1,239.53
A. Net Cash from Operating Activities (A)
ch- fuos'k dk;Zdykiksa ls udnh izokg

B- Cash Flow from Investing Activities
vpy vkfLr;ksa dh [kjhn ¼fcØh dks ?kVkdj½
Purchase of Fixed Assets (net off Sales) (536.38) (786.84)
lgk;d laLFkkvksa@tsoh@vkjvkjch ¼;ksa½ esa fuos'k ¼fuoy½
Investment in Subsidiaries/JV/RRBs (net) (567.99) -
- -
fuos'k dk;Zdykiksa esa iz;qä fuoy udnh ¼ch½ (1,104.38) (786.84)
Net Cash used in Investing Activities (B)
lh- foÙkiks"k.k dk;Zdykiksa ls udnh izokg

C. Cash flow from Financing Activities
'ks;j iwath@'ks;j vkosnu jkf'k@'ks;j izhfe;e
Share Capital/Share Application Money/Share Premium 1,793.05 3,777.33
[email protected] dk ¼ekspu½ ¼fuoy½
Issue/(Redemption) of Bonds (net) 2,454.02 3,505.11
Interest paid on Bonds (2,202.25) (1,992.87)
lekesyu ds ifj.kkeLo:i vkaf'kd ik=krk ds fy, bZ&vkschlh vkSj bZ&;w,uvkbZ
ds 'ks;j /kkjd dks udn Hkqxrku
Cash paid to Shareholder of e-OBC & e-UNI towards fractional entitle-
ment consequent to amalgamation - (0.50)
vYika'k C;kt esa o`f)@¼âkl½
Increase/ (Decrease) in Minority Interest (13.32) 126.10
foÙkiks"k.k dk;Zdykiksa ls fuoy udnh ¼lh½ 2,031.50 5,415.17
Net Cash from Financing Activities (C)
Mh- lekesyu ls izkIr udnh vkSj udnh rqY;

D. Cash and Cash Equivalents received on account of ¼Mh½
amalgamation (D) - 29,710.82
bZ- udnh rFkk udnh rqY;ksa esa fuoy ifjorZu ¼,$ch$lh$Mh½ 20,859.45 35,578.68
E. Net Change in Cash and Cash Equivalents (A+B+C+D)
433
31-03-2022 31-03-2021 dks
31.03.2022 31.03.2021
o"kZ dh 'kq#vkr esa udnh vkSj udnh rqY;
Cash and Cash Equivalents at the beginning of the year
udnh vkSj Hkkjrh; fjtoZ cSad ds ikl 'ks"k
Cash and Balances with Reserve Bank of India 44,267.27 38,603.79
cSadksa ds ikl 'ks"k vkSj ekax o vYi lwpuk ij ns; jkf'k
Balances with Banks & Money at Call & Short Notice 69,067.16 39,151.96
113,334.43 77,755.75
frekgh ds var esa udnh rFkk udnh rqY;

Cash and Cash Equivalents at the end of the quarter
udnh vkSj Hkkjrh; fjtoZ cSad ds ikl 'ks"k
Cash and Balances with Reserve Bank of India 57,027.84 44,267.27
cSadksa ds ikl 'ks"k vkSj ekax o vYi lwpuk ij izkIr /ku
Balances with Banks & Money at Call & Short Notice 77,166.04 69,067.16
134,193.88 113,334.43
fVIif.k;k¡
Notes :-
-
1 iznÙk izR;{k djksa ¼izfrns; dks ?kVkdj½ dks ifjpkyu dk;Zdykiksa ls m)r ekuk x;k gS rFkk bUgsa fuos'k rFkk foÙkh;u dk;Zdykiksa ds e/; foHkä ugha
fd;k x;k gSA
Direct taxes paid (net off refund) are treated as arising from operating activities and are not bifurcated between investing and
financing activities.
2 _.kkRed esa fn, x, lHkh vkadM+s *udnh cká izokg* n'kkZrs gSa
All figures in minus represents “Cash Out Flow”
3 fiNyh vof/k ds vkadM+ksa dks orZeku vof/k ds oxhZdj.k ds vuq:i vko';d leÖks tkus ij iqu% lewfgr fd;k x;k gSA
Figures of previous period have been regrouped wherever considered necessary to conform current period
classification.

Mh ds tSu
D K Jain
eq[; egkizca/kd ¼foÙk½ ,oa lh,Qvks

vrqy dqekj xks;y

Atul Kumar Goel
434
funs'kd funs'kd
funs'kd Director Director
Director
FRN: 000050N/N500045 FRN: 001537C FRN:008567C
(M.No. 084993) (M.No. 074789) (M.No. 077281)

FRN: 115649W FRN: 304138E
Hkkxhnkj Hkkxhnkj
Partner Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
(M.No. 071765) (M.No. 217012)

Date : May 11, 2022
LFkku% ubZ fnYyh
Place: New Delhi
435
Lora=k ys[kkijh{kdksa dk izfrosnu INDEPENDENT AUDITORS’ REPORT
iatkc uS'kuy cSad ds lnL;ksa ds fy, To the Members of Punjab National Bank
lesfdr foÙkh; foojf.k;ksa dh ys[kk&ijh{kk ij fjiksVZ Report on Audit of the Consolidated Financial Statements
vfHker Opinion
1- geus 31 ekpZ 2022 dks iatkc uS'kuy cSad ¼^^cSad**½] bldh 1. We have audited the attached Consolidated Financial
Statements of Punjab National Bank (“the Bank”), its
vuq"kafx;ksa ¼ewy vkSj bldh vuq"kafx;ksa dks ,d lkFk ÞlewgÞ subsidiaries (the parent and its subsidiaries together
dgk tkrk gS½] vkSj lgk;d daifu;ksa dh layXu lesfdr foÙkh; referred to as “the group”), and associates as at 31 March
foojf.k;ksa] ml frfFk dks lekIr o"kZ ds fy, lesfdr ykHk vkSj gkfu 2022, the Consolidated Profit and Loss Account and the
ys[kk vkSj lesfdr udnh izokg fooj.kh vkSj egRoiw.kZ ys[kkadu Consolidated Cash Flow Statement for the year ended on
that date and a summary of significant accounting policies
uhfr;ksa ds lkj vkSj blds lkFk layXu vU; O;k[;kRed tkudkjh and other explanatory information annexed thereto, in
dh ys[kkijhf{kr dh gS] ftlesa fuEufyf[kr 'kkfey gSa% which the following are incorporated:
i. gekjh ys[kk ijh{kk fjiksVZ fnukad 11 ebZ 2022 ds ek/;e ls i. Audited Financial Statements of Punjab National Bank
gekjs }kjk ys[kk ijh{kk dh xbZ iatkc uS'kuy cSad ¼cSad½ dh (the Bank), audited by us, vide our audit report dated
11 May 2022;
ys[kkijhf{kr foÙkh; foojf.k;k¡(
ii. vU; ys[kk ijh{kdksa }kjk 04 vuq"kaxh vkSj 11 lgk;d ii. Audited Financial Statements of 04 Subsidiary and 11
Associates, audited by other auditors; and
daifu;ksa dh ys[kk ijhf{kr foÙkh; foojf.k;k¡ vkSj(
iii. 01 vuq"kafx;ksa vkSj 03 lgk;d daifu;ksa ds xSj ys[kkijhf{kr iii. Unaudited accounts of 01 Subsidiaries and 03
ys[kkA Associates.
2- gekjh jk; esa vkSj gekjh loksZÙke tkudkjh esa rFkk gesa fn, x, 2. In our opinion and to the best of our information and
according to the explanations given to us and based on our
Li"Vhdj.k ds vuqlkj ,oa vuq"kafx;ksa vkSj lgk;d daifu;ksa dh
consideration of the reports of other auditors on separate
vyx&vyx foÙkh; foojf.k;ksa ij vU; ys[kk ijh{kdksa dh fjiksVZ] financial statements of subsidiaries and associates, the
izca/ku }kjk izLrqr dh xbZ vuq"kafx;ksa@lgk;d daifu;ksa dh unaudited financial statements and the other financial
xSj&ys[kkijhf{kr foÙkh; foojf.k;k¡ vkSj vU; foÙkh; tkudkjh information of subsidiaries/ associates as furnished by
ij gekjs fopkj ds vk/kkj ij] mijksä lesfdr foÙkh; fooj.k the management the aforesaid consolidated financial
statements give the information required by the Banking
cSad ds fy, visf{kr rjhds ls cSafdax fofu;eu vf/kfu;e] 1949 Regulation Act, 1949 (the ‘Act’) in the manner so required
¼*vfèkfu;e*½ }kjk vko';d tkudkjh iznku djrh gSa vkSj vkerkSj for bank and are in conformity with accounting principles
ij Hkkjr esa Lohd`r ys[kkadu fl)karksa ds vuq:i gSa vkSj% generally accepted in India and :
,- lesfdr rqyu i=k] bl ij fn, x, uksV~l ds lkFk ifBr] a. the Consolidated Balance Sheet, read with the
lHkh vko';d fooj.kksa lfgr ,d iw.kZ vkSj fu"i{k rqyu notes thereon is a full and fair view of Balance
i=k gS] ftlesa vko';d fooj.k fn, x, gSa vkSj lgh izdkj Sheet containing all the necessary particulars, is
ls cuk;k x;k gS rkfd 31 ekpZ] 2022 dks cSad ds ekeyksa dh properly drawn up so as to exhibit a true and fair
view of the state of affairs of the Bank as at 31 March,
fLFkfr ds ckjs esa lgh vkSj fu"i{k n`f"Vdks.k iznf'Zkr fd;k
2022;
tk lds(
ch- lesfdr ykHk vkSj gkfu ys[kk] bl ij fn, x, uksV ds lkFk b. the Consolidated Profit and Loss Account, read with
ifBr] ykHk dk lgh 'ks"k n'kkZrk gS( rFkk the notes thereon shows a true balance of profit; and
lh- ml frfFk dks lekIr o"kZ ds fy, lesfdr udn izokg c. the Consolidated Cash Flow Statement gives a true
fooj.k] udn izokg dk lgh vkSj fu"i{k n`f"Vdks.k iznku and fair view of the cash flows for the year ended on
djrk gSA that date.
vfHker dk vk/kkj Basis for Opinion

3- geus bafLVV~¸kwV vkWQ pkVZMZ ,dkmaVsUV~l vkWQ bafM;k 3. We conducted our audit in accordance with the Standards on
¼vkbZlh,vkbZ½ }kjk ys[kk ijh{kk ij tkjh ekudksa ¼,l ,½ ds Auditing (SAs) issued by the Institute of Chartered Accountants
vuqlkj ys[kkijh{kk dh gSA mu ekudksa ds rgr gekjh ft+Eesnkfj;k¡ of India (ICAI). Our responsibilities under those Standards are
436
vkxs gekjh fjiksVZ ds lesfdr foÙkh; fooj.kksa dh ys[kkijh{kk further described in the Auditor’s Responsibilities for the
ds fy, ys[kkijh{kd dh ftEesnkfj;k¡ [kaM esa of.Zkr dh xbZ gSaA Audit of the Consolidated Financial Statements’ section of
our report. We are independent of the Group in accordance
Hkkjr esa lesfdr foÙkh; fooj.kksa dh gekjh ys[kkijh{kk ds fy, with the code of ethics issued by the Institute of Chartered
izklafxd uSfrd vko';drkvksa ds lkFk bafLVV~¸kwV vkWQ+ pkVZMZ Accountants of India together with ethical requirements
,dkmaVsaV~l vkWQ+ bafM;k }kjk tkjh vkpkj lafgrk ds vuqlkj ge that are relevant to our audit of the Consolidate Financial
lewg ls Lora=k gSa] vkSj geus bu vko';drkvksa vkSj vkpkj lafgrk Statements in India, and we have fulfilled our other ethical
ds vuqlkj viuh vU; uSfrd ftEesnkfj;ksa dks iwjk fd;k gSA gesa responsibilities in accordance with these requirements and
the code of ethics. We believe that the audit evidence we
fo'okl gS fd geus tks ys[kkijh{kk lk{; izkIr fd, gSa] os gekjs have obtained is sufficient and appropriate to provide a basis
vfHker ds fy, vk/kkj iznku djus gsrq i;kZIr vkSj mi;qä gSaA for our opinion.
izeq[k ys[kkijh{kd ekeys Key Audit Matters

4. Key audit matters are those matters that, in our professional
4- izeq[k ys[kkijh{kk ekeys os ekeys gSa] tks gekjs is'ksoj fu.kZ; esa]
judgment, were of most significance in our audit of the
pkyw vof/k ds lesfdr foÙkh; fooj.kksa dh gekjh ys[kkijh{kk esa Consolidated Financial Statements of the current period.
lcls egRoiw.kZ FksA ;s ekeys foÙkh; fooj.k dh gekjh ys[kkijh{kk These matters were addressed in the context of our audit
ds lUnHkZ esa lexz :i ls ns[ks x, vkSj mu ij viuk er cukus esa] of the Consolidated Financial Statements as a whole, and
in forming our opinion thereon, and we do not provide a
geus bu ekeyksa ij vyx er ugha fn;k gSA geus viuh fjiksVZ esa
separate opinion on these matters. We have determined
of.Zkr fd, tkus gsrq egRoiw.kZ ys[kkijh{kk ekeyksa ds :i esa fuEu the matters described below to be the key audit matters to be
of.Zkr ekeyksa dks fu/kkZfjr fd;k gSA communicated in our report.
izeq[k ys[kkijh{kk ekeys ys[kkijh{kk esa dSls gekjs Key Audit Matters How our matter was
ekeys dks n'kkZ;k x;k gS addressed in the audit
vfxze & oxhZdj.k vkSj gekjs ys[kkijh{kk n`f"Vdks.k esa Advances – classification and Our audit approach included
izkoèkkuhdj.k vkfLr;ksa ds oxhZdj.k vkSj blds provisioning an understanding of the
izko/kkuhdj.k ds laca/k esa cSad ds Bank’s software, circulars,
¼ys[kkadu uhfr la[;k 5 ds lkFk lkW¶Vos;j] ifji=k] fn'kk&funsZ'k (Refer Schedule 9 to the guidelines and directives
ifBr] lesfdr foÙkh; fooj.kksa dh vkSj Hkkjrh; fjt+oZ cSad ds Consolidated Financial of the Reserve Bank of
Statements, read with the India and the Bank’s
vuqlwph 9 dk lanHkZ ysa½ fn'kk&funsZ'k ,oa funs'k vkSj cSad Accounting Policy No.5) internal instructions and
vfxzeksa dks vtZd vkSj vutZd ds vkarfjd funsZ'k vkSj izfØ;k,a The advances are classified
procedures in respect of the
vfxzeksa ¼,uih,½ ds :i esa lfEefyr dh xbZ vkSj fuEufyf[kr as performing and non-
assets classification and its
ys[kkijh{kk izfØ;kvksa dks viuk;k provisioning and adopted the
oxhZd`r fd;k x;k gS vkSj performing advances (NPA) following audit procedures:
x;kA and provisioning thereon
Hkkjrh; fjtoZ cSad
¼vkjchvkbZ½ }kjk fu/kkZfjr foosdiw.kZ • vfxzeksa ls lacaf/kr vk; is made in accordance with • Evaluated and
the prudential norms as understood the Bank’s
ekunaMksa ds vuqlkj bu ij fuèkkZj.k] vkfLr oxhZdj.k
prescribed by the Reserve internal control system in
izkoèkku fd;k x;k gSA cSad us dksj vkSj izko/kkuhdj.k ds laca/k adhering to the Relevant
Bank of India (RBI). The
cSafdax lkWY;w'ku ¼lhch,l½ ds esa izklafxd vkjchvkbZ RBI guidelines regarding
Bank has implemented
rgr ,l,,llh,y ,Iyhds'ku esa fn'kkfunsZ'kksa dk ikyu djus complete system driven income recognition,
esa cSad dh vkarfjd fu;a=k.k recognition of advances asset classification and
vfxzeksa dh iwjh iz.kkyh lapkfyr
iz.kkyh dk ewY;kadu fd;k and their classification in provisioning pertaining
fu/kkZj.k vkSj mudk oxhZdj.k ykxw to advances.
x;k vkSj leÖkk x;kA SASCL Application under
fd;k gSA foosdiw.kZ ekunaMksa ds
Core Banking Solution ( CBS) • Test checked the design
rgr ,uih, ds izko/kkuhdj.k dh • fMtkbu vkSj dk;kZUo;u ds The extent of provisioning and implementation
lhek eq[; :i ls bldh vof/k lkFk&lkFk izklafxd vkrafjd of NPA under the prudential as well as operational
vkSj vUrfuZfgr izfrHkwfr dh olwyh fu;a=k.kksa vkSj okLrfod norms are mainly based on effectiveness of relevant
;ksX;rk ij vk/kkfjr gSA vko';drk ijh{k.k ds lapkyukRed its ageing and recoverability internal controls and
ds vk/kkj ij bldh leh{kk eSU;qvy izHkko'khyrk dh ijh{k.k tk¡p of the underlined security. substantive testing,
dh xbZ] ftlesa vfxzeksa ls The same are also reviewed including involvement
:i ls Hkh dh tkrh gSA of manual process in
lacaf/kr vk; fu/kkZj.k] vkfLr manually based on necessity.
relation to income
foosdiw.kZ ekunaMksa ds fdlh Hkh oxhZdj.k vkSj izko/kku ds In the event of any improper recognition, asset
vuqfpr mi;ksx ;k izfrHkwfr ds xyr laca/k esa eSuqvy izfØ;k ds application of the prudential classification and
ewY; fu/kkZj.k dh fLFkfr esa] D;ksafd la;kstu dh tkap Hkh 'kkfey norms or consideration of provisioning pertaining
izfrHkwfr ds ewY; fu/kkZj.k esa mPp gSA the incorrect value of the to advances.
437
Lrj dk vuqeku vkSj • rdZ@MsVk dh lVhdrk dks security, as the valuation of • Reviewed the Bank’s
fu.kZ; 'kkfey gksrk gS] ykxw djus@dk;kZUo;u esa the security involves high monitoring mechanisms
degree of estimation and to identify errors and
vfxzeksa dk ogu ewY; O;fäxr ;k =qkfV;ksa ,oa pwd vkSj bldh
judgement, the carrying value omission in applying/
lkewfgd :i ls oLrqr% xyr lqèkkjkRed dkjZokbZ dh
implementation of logic
rjhds ls izLrqr fd;k tk igpku djus ds fy, cSad ds of the advances could be
/ data integrity and .its
ldrk gS] vkSj foÙkh; fooj.kksa esa fuxjkuh ra=k dh leh{kk dhA materially misstated either
corrective action.
individually or collectively,
vfxzeksa dh jkf'k ds egRo dks
and in view of the significance • Reviewed the
ns[krs gq, vfxzeksa dk oxhZdj.k • fdlh Hkh vfxze [kkrs esa
documentations, opera-
vfrns;] vlarks"ktud of the amount of advances in
vkSj blds izkoèkkuhdj.k dks tions / performance
lapkyu ;k detksjh dk the financial statements the
gekjh ys[kkijh{kk esa eq[; ys[kk and monitoring of the
irk yxkus ds fy,] cM+s classification of the advances
ijh{kk ekeyk ekuk x;k gSA advance accounts,
and provisioning thereon has on test check basis
vkSj nckoxzLr vfxzeksa dh
been considered as Key Audit of the large and
tkap ds vk/kkj ij izys[kuksa] Matter in our audit. stressed advances, to
ifjpkyu@izn'kZu vkSj vfxze ascertain any overdue,
[kkrksa dh fuxjkuh gekjs }kjk unsatisfactory conduct
ys[kkijh{kr 'kk[kkvksa@lacaf/kr or weakness in any
advance account,
izHkkxksa ds laca/k esa vkjchvkbZ ds
examination of
foosdiw.kZ ekunaMksa ds classification as per
vuqlkj oxhZdj.k dh tkap prudential norms of
dh leh{kk dh xbZA 'kk[kk the RBI, in respect of
the branches / relevant
lkafof/kd ys[kkijh{kdksa }kjk divisions audited by
ys[kkijhf{kr 'kk[kkvksa ds laca/k us. In respect of the
esa] geus mudh fjiksVks± ij branches audited by
Hkjkslk fd;k gSA the branch statutory
auditors, we have placed
reliance on their reports.
• Þ,uih, oxhZdj.k lek/kku ds
• Reviewed the report of
fy, vk/kkjHkwr vko';drk,aÞ independent IT Expert
dh leh{kk lfgr lhch,l on review of SASCL
}kjk mi;ksx fd, x, Application (Income
,l,,llh,y vkosnu ¼vk; Recognition and Asset
Classification solution)
fu/kkZj.k vkSj vkfLr oxhZdj.k
used by CBS including
lek/kku½ dh leh{kk ij Lora=k the review of “Baseline
vkbZVh fo'ks"kK dh fjiksVZ dh Requirements for
leh{kk dhA the NPA classification
Solution”.
• ijh{k.k tkap ds vk/kkj ij
• Reviewed on test check
fdlh izfrdwy fo'ks"krkvksa@ basis the reports of the
fVIif.k;ksa okys vfxzeksa dk irk credit audit, inspection
yxkus ds fy, _.k ys[kkijh{kk] audit, risk based internal
fujh{k.k ys[kkijh{kk] tksf[ke audit, concurrent audit,
vkèkkfjr vkarfjd ys[kkijh{kk] regulatory audit to
leorhZ ys[kkijh{kk] fu;ked ascertain the advances
ys[kk&ijh{kk dh fjiksVks± having any adverse
features / comments,
dh leh{kk dh gS vkSj cSad
and reviewed the
flLVe ls tkjh fjiksVZ dh reports generated from
leh{kk dhA the Bank’s system.
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gekjk ifj.kke% Our Results:
ysunsuksa ds egRo dks ns[krs gq, The results of our audit

process were observed to
gekjh ys[kkijh{kk izfØ;k ds
be adequate and satisfactory
ifj.kke mfpr vkSj larks"ktud ik,
considering the materiality of
x,A
the transactions.
fuos'k & ewY;kadu] vkSj Hkkjrh; fjt+oZ cSad ds ifji=kksa@ Investments – valuation, Our audit approach towards
xSj&fu"ikfnr fuos'kksa ds fy, funsZ'kksa ds lanHkZ esa fuos'k ds izfr and identification and Investments with reference
provisioning for Non- to the RBI circulars /
igpku ,oa izko/kku gekjs ys[kkijh{kk n`f"Vdks.k esa Performing Investments
directives included the
¼ys[kkadu uhfr la[;k 4 ds lkFk fMtkbu dh leh{kk o tk¡p] (Refer Schedule 8 to the review and testing of the
ifBr lesfdr foÙkh; fooj.kksa dh dk;kZUo;u] vkarfjd fu;a=k.k dk Consolidated Financial design, implementation,
ifjpkyu izHkko vkSj ewY;kadu Statements, read with the operating effectiveness of
vuqlwph 8 dk lanHkZ ysa½ Accounting Policy No.4)
ls lacaf/kr ys[kkijh{kk izfØ;k,a internal controls and audit
cSad ds fuos'k iksVZQksfy;ks esa xSj&fu"ikfnr Investment portfolio of procedures in relation to
fuos'kksa dh the bank comprises of valuation, classification,
ljdkjh izfrHkwfr;ka] ckaM~l] fMcsapj] igpku] oxhZdj.k] fuos'kksa ls Investments in Government identification of Non-
'ks;j] izfrHkwfr jlhnksa vkSj vU; lacaf/kr Hkkjrh; fjtoZ cSad ds Securities, Bonds,
Performing Investments,
Lohd`r izfrHkwfr;ksa esa fuos'k 'kkfey fn'kkfunsZ'kksa ds vuqlkj izko/kku@ Debentures, Shares, Security
Receipts and other Approved provisioning / depreciation
gS] ftUgsa ifjiDork rd /kkfjr] voewY;u 'kkfey gSA Securities which are classified related to Investments as per
fcØh ds fy, miyC/k vkSj O;kikj ds under three categories, Held RBI guidelines
fy, èkkfjr rhu Jsf.k;ksa ds varxZr to Maturity, Available for Sale
 geus bu fuos'kksa dk mfpr and Held for Trade. • We reviewed and
oxhZd`r fd;k x;k gSA evaluated the process
ewY; fu/kkZfjr djus ds fy,
Valuation of Investments, adopted for collection
fuos'kksa dk ewY;kadu] xSj&fu"ikfnr fofHkUUk lzksrksa ls tkudkjh identification of Non- of information from
fuos'kksa dh igpku ¼,uihvkbZ½ vkSj ,d=k djus ds fy, viukbZ performing Investments various sources for
vk; dk rn~uqlkj xSj&fu/kkZj.k xbZ izfØ;k dh leh{kk vkSj (NPI) and the corresponding determining fair value of
ewY;kadu fd;kA non-recognition of income these investments.
rFkk ml ij izko/kku] vkjchvkbZ and provision thereon, is
ds lacafèkr ifji=kksa@fn'kkfunsZ'kksa@  fuos'k ds p;fur uewus ds fy, carried out in accordance • For selected sample of
funsZ'kksa ds vuqlkj fd;k tkrk gSA ¼izfrHkwfr dh izd`fr ds vkèkkj with the relevant circulars investments (covering
/ guidelines / directions of all categories of
mijksä izfrHkwfr dh izR;sd Js.kh ij fuos'k dh lHkh Jsf.k;ksa RBI. The valuation of each investments based on
¼izdkj½ dk ewY;kadu vkjchvkbZ dks doj djrs gq,½ geus category (type) of aforesaid nature of security) we
}kjk tkjh ifji=kksa vkSj funsZ'kksa esa vkjchvkbZ ekLVj ifji=kksa vkSj security is to be carried out
tested accuracy and
as per the methodology
fu/kkZfjr i)fr ds vuqlkj fd;k funsZ'kksa ds lkFk 'kq)rk vkSj prescribed in circulars and compliance with the RBI
tk,] ftlesa ,QchvkbZ,y njksa] vuqikyu dh tk¡p dhA directives issued by the RBI Master Circulars and
ch,lbZ@,u,lbZ esa m)`r njksa] which involves collection directions.
 geus ,uihvkbZ dh igpku] of data/ information from
xSj&lwphc) daifu;ksa ds foÙkh; • We assessed and
vkSj vk; ds vuqdwy ifjorZu various sources such as FBIL
fooj.kksa] E;wpqvy QaM ds ekeys evaluated the process
rates, rates quoted on BSE/
vkSj izko/kku ds fuekZ.k dh NSE, financial statements of of identification of NPIs,
esa ,u,oh ¼NAV½ vkSj izfrHkwfr
izfØ;k dk vkadyu vkSj unlisted companies, NAV and corresponding
jlhnksa vkfn tSls fofHkUUk lzksrksa ls reversal of income and
ewY;kadu fd;kA in case of mutual funds &
izkIr vkadM+s@lwpuk dk laxzg security receipts etc. Certain creation of provision.
'kkfey gSA dqN fuos'k ewY;kadu gekjk ifj.kke% investments are based on the
i)fr;ksa ij vk/kkfjr gksrs gSa valuation methodologies that Our Results:
include statistical models
ftuesa varfuZfgr /kkj.kkvksa lfgr egRo dks ns[krs gq, gekjh with inherent assumptions,
The results of our audit
lkaf[;dh; ekWMy] foÙkh; fooj.kksa ys[kkijh{kk izfØ;k ds ifj.kke assessment of price for process were observed to
ij vk/kkfjr ewY;kadu ds fy, ewY; mfpr vkSj larks"ktud ik, x,A valuation based on financial be adequate and satisfactory
statements etc. Hence, the considering the materiality.
dk fu/kkZj.k vkfn 'kkfey gksrs gSaA
price discovered for the
439
blfy,] bu fuos'kksa ds ewY;kadu ds valuation of these
fy, fu/kkZfjr dh xbZ dher lgh Investments may not be
the true representative
|ksrd u gksdj] vkt rd ds fuos'kksa
but only a fair assessment
dk ,d fu"i{k fu/kkZj.k gks ldrh of the Investments as on
gSA blfy, fuos'k ds ewY;kadu ij date. Hence the valuation of
fo'ks"k /;ku nsus dh vko';drk Investments requires special
gS vkSj vkxs foÙkh; fooj.kksa esa attention and further in view
fuos'k dh jkf'k ds egRo dks ns[krs of the significance of the
amount of Investments in
gq,] mä dks gekjh ys[kkijh{kk esa the financial statements the
eq[; ys[kkijh{kk dk ekeyk ekuk same has been considered as
x;k gSA Key Audit Matter in our audit
lwpuk izkS|ksfxdh ¼vkbZVh½ dk gekjs ys[kkijh{kk n`f"Vdks.k esa ;s Assessment of Information Our audit approach
Technology (IT): included:-
vkadyu% 'kkfey gSa% &
vkbZVh] vkbZvkj,lh ekunaMksa • fofHkUUk Jsf.k;ksa ds xzkgdksa ds IT controls with respect to • Understanding the
coding system adopted
fy, cSad }kjk viukbZ xbZ recording of transactions, by the bank for various
lfgr vkjchvkbZ ds fn'kkfunsZ'kksa ds
generating various reports categories of customers.
vuqikyu esa rS;kj dh xbZ fofHkUUk dksfMax iz.kkyh dks leÖkuk
in compliance with RBI
fjiksVks±] ysunsuksa dh fjdkWfMax ds • cSad ds vkbZVh fu;a=k.kksa ds • Reviewed the design,
guidelines including IRAC
implementation and
laca/k esa fu;a=k.k j[krk gSA fMtkbu] dk;kZUo;u vkSj norms. operating effectiveness
ifjpkyu izHkko'khyrk dh of the Bank’s IT controls
fu;kedksa vkfn ds fy, vU; leh{kk dh ftlesa ,Iyhds'ku] Other compliances to
including application,
vuqikyu izfØ;k dk ,d vfHkxe ¼,Dlsl½ fu;a=k.k regulators etc is an important access controls that
egRoiw.kZ Hkkx gSA bl rjg dh 'kkfey gSa] tks uewuk tkap ds part of the process. Such are critical to financial
vk/kkj ij foÙkh; fjiksfV±x ds reporting is highly dependent reporting on test check
fjiksfVZax dksj cSafdax lkW¶Vos;j
fy, egRoiw.kZ gSaA on the effective working of basis.
vkSj vU; lac) iz.kkfy;ksa dh
Core Banking Software and • Understanding the
izHkkoh dk;Ziz.kkyh ij fuHkZj • flLVe esa MsVk dh QhfMax other allied systems. feeding of the data in
gSA dks leÖkuk vkSj cSad esa the system and going
We have considered this through the extraction of
ekStwnk vkbZVh iz.kkyh ls
geus bls izeq[k ys[kkijh{kk ekeys as key audit matter as any the financial information
foÙkh; tkudkjh vkSj LVsVesaV and statements from
ds :i esa ekuk gS] D;ksafd fu;a=k.k esa control lapses, validation
fudkyukA failures, incorrect input data the IT system existing in
dksbZ Hkh pwd] lR;kiu foQyrkvksa] the Bank.
and wrong extraction of data
xyr buiqV MsVk vkSj MsVk ds xyr • cSad ds fofu;eksa@uhfr esa may result in wrong reporting • Checking of the user
fu"d"kZ.k ds ifj.kkeLo:i izca/ku fdlh Hkh cnyko ds fy, of data to the management requirements for
vkSj fofu;kedksa dks MsVk dh xyr mi;ksxdrkZ dh vko';drkvksa any changes in the
and regulators.
dh tk¡p djukA regulations/ policy of
fjiksfV±ax gks ldrh gSA the bank.
• flLVe }kjk uewuk vk/kkj ij • Reviewed the reports
tujsV fjiksVks± dh leh{kk dhA generated by the
system on sample basis.
• Þ,uih, oxhZdj.k lek/kku ds
fy, vk/kkjHkwr vko';drk,aÞ • Reviewed the report of
dh leh{kk lfgr lhch,l independent IT Expert
on review of SASCL
}kjk mi;ksx fd, x, Application (Income
,l,,llh,y vkosnu ¼vk; Recognition and Asset
fu/kkZj.k vkSj vkfLr oxhZdj.k Classification solution)
lek/kku½ dh leh{kk ij Lora=k used by CBS including
vkbZVh fo'ks"kK dh fjiksVZ dh the review of "Baseline
Requirements for
leh{kk dhA the NPA classification
Solution".
440
gekjk ifj.kke Our Result
gkykafd] fujarj izxfr gks jgh gS] There is continuous progress,

still the system needs
ysfdu vHkh Hkh flLVe dks flLVe
to be strengthened for
ls buiqV@vkmViqV MsVk esa vk jgh its efficacy to control
dfe;ksa dks fu;af=kr djus dh {kerk deficiencies of input/
l'kä cukus dh vko';drk gS output data from the system.
eqdnesckth vkSj vkdfLed gekjs ys[kkijh{kk n`f"Vdks.k esa Litigation & Contingent Our audit approach
ns;rk,¡ 'kkfey Fks%& Liabilities included:-
izR;{k vkSj vizR;{k djksa lfgr • dj eqdneksa vkSj vkdfLed Assessment of Contingent • Going through the
liabilities in respect of current status of the
dqN eqdneksa ds laca/k esa vkdfLed ns;rkvksa dh orZeku fLFkfr dks
certain litigations including tax litigations and
ns;rkvksa dk ewY;kadu rFkk cSad ij tkuuk( contingent liabilities;
Direct and Indirect Taxes and
vU; ikfVZ;ksa }kjk nk;j fofHkUUk nkoksa various other claims filed by
• fofHkUUk dj izkf/kdj.kksa@ • Examining the orders
ftUgsa _.k ds :i esa Lohdkj ugha other parties upon the Bank
U;kf;d eapksa ls izkIr vkns'kksa and/or communication
fd;k x;k gSA not acknowledged as debts.
vkSj@;k lapkj dh tkap djuk received from various
cSad dk ewY;kadu] ekeys ds vkSj ml ij vuqorhZ dkjZokbZ The Bank’s assessment is Tax Authorities/ Judicial
djuk forums and follow up
rF;] muds Lo;a ds fu.kZ;] iwoZ supported by the facts of
action thereon;
vuqHko vkSj dkuwuh vkSj Lora=k matter, their own judgment,
• izLrqr fd, x, vk/kkjksa ds past experience, and advice • Evaluating the merits of
dj lykgdkjksa dh lykg]
lanHkZ esa fopkjk/khu fo"k; vkSj from legal and independent the subject matter under
tgk¡ Hkh vko';d ekuh tkrh gS] tax consultants wherever consideration with
mlesa miyC/k Lora=k dkuwuh@
}kjk lefFkZr gSA rnuqlkj] considered necessary. reference to the grounds
dj lykg ds xq.knks"k dk presented therein and
vizR;kf'kr izfrdwy ifj.kke cSad Accordingly, unexpected
ewY;kadu( rFkk available independent
ds fjiksVZ fd, x, ykHk vkSj rqyu adverse outcomes may
legal / tax advice; and
i=k dks vR;f/kd izHkkfor dj significantly impact the
• tgka Hkh vko';d gks] dkuwuh Bank’s reported profit and • Wherever required,
ldrs gSaA vkSj dj lykgdkjksa dh jk; the Balance Sheet. reliance is placed on the
geus mi;qZä {ks=k dks eqdneksa ds ij Hkjkslk fd;k tkrk gSA opinion of legal and tax
We determined the above consultants.
ifj.kke ls lacaf/kr vfuf'Pkrrk area as a Key Audit Matter
ds eísutj ,d izeq[k ys[kkijh{kk in view of associated
ekeys ds :i esa fu/kkZfjr fd;k gS] uncertainty relating to the
ftls dkuwu dh O;k[;k esa fu.kZ; outcome of litigations which
dks ykxw djus dh vko';drk requires application of
gksrh gSA rnuqlkj] gekjh ys[kkijh{kk judgment in interpretation
fopkjk/khu fo"k;&oLrq ds rF;ksa dk of law. Accordingly, our audit
was focused on analysing
fo'ys"k.k djus vkSj lacaf/kr dkuwu
the facts of subject matter
ds fu.kZ;@O;k[;k ij dsafær dh xbZ under consideration and
FkhA judgments/ interpretation of
law involved.
egRoiw.kZ ekeys Emphasis of Matter

5- ge fuEufyf[kr dh vksj /;ku vkdf"kZr djrs gSa% 5. We draw attention to following:
,- cSad }kjk lk[k i=k vkSj cSad xkjaVh ij ml vof/k ds fy,
a. Note No. 15 (a) of Schedule 18 to the consolidated
vftZr lhek ds fy, vkuqikfrd vk/kkj ij deh'ku dh financial statements regarding change in policy of
jktLo fu/kkZj.k dh uhfr esa ifjorZu ds laca/k esa vuqlwph revenue recognition of commission on Letter of Credit
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18 dh uksV la[;k 15 ¼,½ A and Bank Guarantee by the Bank on prorata basis to
the extent accrued for the period.
ch- ikfjokfjd isa'ku esa la'kks/ku ds dkj.k 3]093-95 djksM+ b. Note No. 15 (e) (ii) of Schedule 18 to the consolidated
#i;s dh vfrfjä ns;rk ds ifj'kks/ku ds laca/k esa] ,dy financial statements regarding amortization of
foÙkh; fooj.kksa dh vuqlwph 18 dh uksV la[;k 15 ¼bZ½ ¼ii½A additional liability on account of revision in family
cSad us 31 ekpZ] 2021 dks lekIr o"kZ ds nkSjku ykHk&gkfu pension amounting to Rs. 3,093.95 crores. The Bank
[kkrs esa 1573-79 djksM+ #i;s dh jkf'k Hkkfjr dh xbZ gS has charged an amount of Rs. 1573.79 crores to the
Profit and Loss Account during year ended 31 March
vkSj 'ks"k 1520-16 djksM+ #i;s ds vla'kksf/kr O;; dks vkxs 2021 and the balance unamortized expense of Rs.
c<+k;k x;k gSA 1520.16 crores have been carried forward.
lh- lesfdr foÙkh; fooj.kksa dh vuqlwph 18 dh uksV la[;k 30] c. Note No.30 of Schedule 18 to the consolidated
tks uksosy dksjksuk ok;jl ¼dksfoM 19½ ds izdksi ds dkj.k financial statement, which describes the uncertainties
vfuf'Pkrrkvksa vkSj cSad ds O;olk; ifjpkyu ij blds due to outbreak of novel corona virus (COVID 19) and
izHkko ds izca/ku ds vkdyu dk o.kZu djrh gSA the management’s assessment of its impact on the
business operations of the Bank.
bu ekeyksa ds laca/k esa gekjh jk; la'kksf/kr ugha gSA Our opinion is not modified in respect of these matters.
foÙkh; fooj.kksa vkSj mu ij ys[kkijh{kd dh fjiksVZ ds Information Other than the Financial Statements and
vykok vU; tkudkjh Auditor’s Report thereon
6- cSad dk funs'kd eaMy vU; tkudkfj;ksa ds fy, mÙkjnk;h gSA 6. The Bank’s Board of Directors is responsible for the
vU; tkudkjh esa funs'kdksa dh fjiksVZ] vuqyXud lfgr] fuxfer other information. The other information comprises
the Directors’ Report, including annexures, Corporate
vfHk'kklu fjiksVZ vkSj vU; fjiksVs± 'kkfey gS ¼ysfdu blesa foÙkh;
Governance Report and other reports (but does not include
fooj.k vkSj mu ij gekjs ys[kkijh{kd dh fjiksVZ 'kkfey ugha gS½] the financial statements and our auditor’s report thereon).
foÙkh; fooj.kksa ij gekjh jk; esa vU; tkudkfj;k¡ 'kkfey ugha gSa Our opinion on the Financial Statements does not cover
vkSj ge bl ckjs esa fdlh Hkh :i esa vk'oklu O;ä ugha djrs gSa@ the other information and we do not and will not express
ugha djsaxsA any form of assurance conclusion thereon.
foÙkh; fooj.kksa dh gekjh ys[kkijh{kk ds laca/k esa] gekjk mÙkjnkf;Ro In connection with our audit of the financial statements,
vU; tkudkjh dks i<+uk gS vkSj ,slk djrs gq,] fopkj djuk gS fd our responsibility is to read the other information and,
in doing so, consider whether the other information is
D;k vU; tkudkjh foÙkh; fooj.kksa ;k ys[kkijh{kk esa izkIr gekjh
materially inconsistent with the financial statements or our
tkudkjh ds lkFk HkkSfrd :i ls vlaxr gS] ;k vU;Fkk HkkSfrd :i knowledge obtained in the audit or otherwise appears to
ls xyr izrhr gksrh gSA be materially misstated.
;fn] geus tks dk;Zfu"iknu fd;k gS mlds vk/kkj ij] ge ;g If, based on the work we have performed, we conclude that
fu"d"kZ fudkyrs gSa fd bl vU; tkudkjh ds rF; xyr gSa] gesa ml there is a material misstatement of this other information,
rF; dh fjiksVZ djuk vko';d gSA gesa bl laca/k esa dqN Hkh fjiksVZ we are required to report that fact. We have nothing to
ugha djuk gSA report in this regard.
lesfdr foÙkh; fooj.kksa ds fy, izca/ku rFkk 'kklu Responsibilities of Management and Those Charged with
izHkkfj;ksa ds mÙkjnkf;Ro Governance for the Consolidated Financial Statements
7- cSad dk funs'kd eaMy bu lesfdr foÙkh; fooj.kksa dks rS;kj djus 7. The Bank’s Board of Directors is responsible with respect
to the preparation of these Consolidated Financial
ds laca/k esa mÙkjnk;h gS tks vkbZlh,vkbZ }kjk tkjh ys[kkadu ekudksa Statements that give a true and fair view of the financial
vkSj cSafdax fofu;eu vf/kfu;e] 1949 dh /kkjk 29 ds izkoèkkuksa position, financial performance and cash flows of the Bank
vkSj le; le; ij Hkkjrh; fjtoZ cSad ¼*vkjchvkbZ*½ }kjk tkjh in accordance with the accounting principles generally
ifji=kksa rFkk fn'kkfunsZ'kksa lfgr vkerkSj ij Hkkjr esa Lohdkj fd, accepted in India, including the Accounting Standards
x, ys[kkadu fl)karksa ds vuqlkj cSad dh foÙkh; fLFkfr] foÙkh; issued by ICAI, and provisions of Section 29 of the Banking
Regulation Act, 1949 and circulars and guidelines issued
dk;Zfu"iknu vkSj udnh izokg dk lgh vkSj fu"i{k n`f"Vdks.k by the Reserve Bank of India (‘RBI’) from time to time.
n'kkZrs gSaA bl ftEesnkjh esa vf/kfu;e ds izko/kkuksa ds vuqlkj This responsibility also includes maintenance of adequate
cSad dh laifÙk dh lqj{kk vkSj /kks[kk/kM+h vkSj vU; vfu;ferrkvksa accounting records in accordance with the provisions of
442
dks jksdus vkSj irk yxkus ds fy,( mfpr ys[kkadu uhfr;ksa dk the Act for safeguarding of the assets of the Bank and for
p;u vkSj vuqiz;ksx( fu.kZ; vkSj vuqeku yxkuk tks mfpr vkSj preventing and detecting frauds and other irregularities;
selection and application of appropriate accounting
foosdiw.kZ gksa( vkSj i;kZIr vkarfjd foÙkh; fu;a=k.kksa dk fMtkbu] policies; making judgments and estimates that are
dk;kZUo;u vkSj j[kj[kko] tks fd ys[kkadu fjdkWMZ dh lVhdrk reasonable and prudent; and design, implementation and
vkSj iw.kZrk lqfuf'Pkr djus ds fy, izHkkoh <ax ls dke dj jgs Fks] maintenance of adequate internal financial controls, that
tks foÙkh; fooj.kksa dks rS;kj djus vkSj izLrqfr ds fy, izklafxd gSa were operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant to the
tks ,d lgh vkSj fu"i{k n`f"Vdks.k nsrs gSa vkSj /kks[kk/kM+h ;k =kqfV
preparation and presentation of the financial statements
ds dkj.k gq, HkkSfrd xyr c;ku ls eqä gSa i;kZIr ys[kkadu fjdkWMZ that give a true and fair view and are free from material
dk j[kj[kko djuk Hkh 'kkfey gSA misstatement, whether due to fraud or error.
foÙkh; fooj.k rS;kj djus esa] izca/ku dk;Z'khy laLFkk ds :i esa In preparing the financial statements, management is
cSad dh {kerk dk vkadyu djus] ;Fkk ykxw] dk;Z'khy laLFkk ls responsible for assessing the Bank’s ability to continue as
a going concern, disclosing, as applicable, matters related
lacaf/kr ekeys vkSj ys[kkadu ds izpfyr :i dk mi;ksx djrs gq, to going concern and using the going concern basis of
izdVhdj.k djus tc rd izca/ku ;k rks cSad dks ifjlekiu djus accounting unless management either intends to liquidate
;k lapkyu dks can djus dk bjknk ugha j[krk gS] ;k ,slk djus ds the Bank or to cease operations, or has no realistic
vykok dksbZ okLrfod fodYi ugha gS] ds fy, mÙkjnk;h gSA alternative but to do so.
foÙkh; fooj.kksa dh ys[kkijh{kk ds fy, ys[kkijh{kd ds Auditor’s Responsibilities for the Audit of the
Consolidated Financial Statements
mÙkjnkf;Ro
8- gekjk mís'; bl laca/k esa mfpr vk'oklu izkIr djuk gS fd D;k 8. Our objectives are to obtain reasonable assurance about
whether the consolidated financial statements as a whole
lesfdr foÙkh; fooj.k iw.kZr% HkkSfrd xyr c;kuh ls eqä gSa] pkgs are free from material misstatement, whether due to fraud
os /kks[kk/kM+h ;k =kqfV ds dkj.k gks] vkSj ,d ys[kkijh{kk fjiksVZ tkjh or error, and to issue an auditor’s report that includes
djuk gS ftlesa gekjh lEefr Hkh 'kkfey gSA mfpr vk'oklu mPp our opinion. Reasonable assurance is a high level of
Lrj dk vk'oklu gS] ysfdu ;g xkjaVh ugha gS fd ,l, ¼SAs½ ds assurance but is not a guarantee that an audit conducted
vuq:i dh xbZ ys[kkijh{kk lnSo fdlh egRoiw.kZ lkexzh ds xyr in accordance with SAs will always detect a material
gksus dk irk yxk,xh tc ;g ekStwn gksA xyr fooj.k /kks[kk/kM+h misstatement when it exists. Misstatements can arise from
;k =kqfV ls mRiUUk gks ldrk gS vkSj egRoiw.kZ ekuk tk,xk ;fn] ;g fraud or error and are considered material if, individually
laHkkouk gS fd O;fäxr ;k lexz :i ls] os bu foÙkh; fooj.kksa ds or in the aggregate, they could reasonably be expected
to influence the economic decisions of users taken on the
vk/kkj ij mi;ksxdrkZvksa }kjk fy, tkus okys ds vkfFZkd fu.kZ;ksa basis of these financial statements.
dks izHkkfor dj ldrs gSaA
,l, ¼SAs½ ds vuqlkj ,d ys[kkijh{kk ds [kaM ds :i esa] ge As part of an audit in accordance with SAs, we exercise
O;olkf;d fu.kZ; ysrs gSa vkSj iwjs ys[kkijh{k.k esa O;olk;h professional judgment and maintain professional
lansgokn dks cuk, j[krs gSaA lkFk gh ge% skepticism throughout the audit. We also:
• lesfdr foÙkh; fooj.kksa ds egRoiw.kZ xyr fooj.kksa ds tksf[ke • Identify and assess the risks of material misstatement
igpkurs vkSj mudk vkadyu djrs gSa fd] D;k os /kks[kk/kM+h ;k =kqfV of the consolidated financial statements, whether due
to fraud or error, design and perform audit procedures
ds dkj.k gS] bu tksf[keksa ds fy, mÙkjnk;h ys[kkijh{kk izfØ;kvksa dks
responsive to those risks, and obtain audit evidence that
fMt+kbu djsa vkSj dkjZokbZ djsa] rFkk ys[kkijh{kk izek.k izkIr djsa tks is sufficient and appropriate to provide a basis for our
gekjs fopkj dks vk/kkj iznku djus ds fy, i;kZIr vkSj mfpr gksaA opinion. The risk of not detecting a material misstatement
èkks[kk/kM+h ds ifj.kkeLo:i egRoiw.kZ xyr fooj.k dk irk u yxus resulting from fraud is higher than for one resulting from
dk tksf[ke =kqfV ds ifj.kkeLo:i gksus okys tksf[ke ls vfèkd gS] error, as fraud may involve collusion, forgery, intentional
èkks[kk/kM+h esa feyhHkxr] tkylkth] tkucwÖkdj pwd] xyrc;kuh] ;k omissions, misrepresentations, or the override of internal
vkarfjd fu;a=k.k dh vfHkHkkfork 'kkfey gks ldrh gSA control.
• ys[kk ijh{kk ls lacaf/kr vkarfjd fu;a=k.k dh leÖk izkIr djsa • Obtain an understanding of internal control relevant to
the audit in order to design audit procedures that are
rkfd lesfdr foÙkh; foojf.k;ksa ij cSad ds vkarfjd fu;a=k.k
appropriate in the circumstances, but not for the purpose
dh izHkko'khyrk ij jk; O;ä djus ds mís'; ls ugha cfYd mu of expressing an opinion on the effectiveness of the Bank’s
ifjfLFkfr;ksa esa mi;qä ys[kkijh{kk izfØ;kvksa dh :ijs[kk rS;kj dh internal control on the consolidated financial statements.
tk ldsA
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• mi;ksx dh xbZ ys[kkadu uhfr;ksa dh mi;qärk rFkk izca/ku }kjk • Evaluate the appropriateness of accounting policies used
fd, x, ys[kkadu vuqekuksa ,oa lacaf/kr izdVhdj.k dh rdZ'khyrk and the reasonableness of accounting estimates and
dk ewY;kadu djsaA related disclosures made by management.
• Conclude on the appropriateness of management’s use of
• ys[kkadu ds dk;Z'khy laLFkk ds vk/kkj ij izca/ku dh mi;qärk
the going concern basis of accounting and, based on the
ij fu"d"kZ fudkyuk rFkk] izkIr ys[kkijh{kk lk{;ksa ds vk/kkj ij] audit evidence obtained, whether a material uncertainty
fd D;k dksbZ ,slh ?kVuk ;k ifjfLFkfr;ksa ls lacaf/kr egRoiw.kZ exists related to events or conditions that may cast
vfuf'Pkrrk ekStwn gS tks cSad dh xfr'khy laLFkk ds :i esa tkjh significant doubt on the Bank’s ability to continue as a
jgus dh {kerk ij egRoiw.kZ lansg dj ldrh gSA ;fn ge ;g going concern. If we conclude that a material uncertainty
fu"d"kZ fudkyrs gSa fd dksbZ HkkSfrd vfuf'Pkrrk ekStwn gS] rks gesa exists, we are required to draw attention in our auditor’s
viuh ys[kkijh{kd dh fjiksVZ esa foÙkh; fooj.kksa esa lacaf/kr [kqyklksa report to the related disclosures in the financial statements
ij /;ku vkdf"kZr djuk gksxk ;k ;fn bl rjg ds izdVhdj.k or, if such disclosures are inadequate, to modify our
opinion. Our conclusions are based on the audit evidence
vi;kZIr gSa] gesa viuh jk; la'kksf/kr djuh gksxhA gekjs fu"d"kZ obtained up to the date of our auditor’s report. However,
ys[kkijh{kd dh fjiksVZ dh rkjh[k rd izkIr ys[kkijh{kk lk{; ij future events or conditions may cause the bank to cease to
vk/kkfjr gSaA gkykafd] Hkfo"; esa gksus okyh ?kVukvksa ;k fLFkfr;ksa ls continue as a going concern.
cSad xfr'khy laLFkk ds :i esa tkjh ugha jg ldrk gSA
• izdVhdj.k lfgr lesfdr foÙkh; fooj.kksa dh lexz izLrqfr] • Evaluate the overall presentation, structure and content
lajpuk ,oa lkexzh dk ewY;kadu djsa] vkSj D;k foÙkh; fooj.k of the consolidated financial statements, including
the disclosures, and whether the financial statements
varfuZfgr ysunsu rFkk ?kVukvksa dks bl rjg ls n'kkZrs gSa tks represent the underlying transactions and events in a
fu"i{k izLrqfr izkIr djrs gSaA manner that achieves fair presentation.
• lesfdr foÙkh; fooj.kksa ij jk; O;ä djus ds fy, lewg vkSj • Obtain sufficient appropriate audit evidence regarding the
mlds lg;ksfx;ksa ds Hkhrj laLFkkvksa ds lesfdr foÙkh; ifj.kkeksa@ consolidated financial results/financial information of the
foÙkh; tkudkjh ds laca/k esa i;kZIr mi;qä ys[kkijh{kk lk{; entities within the Group and its associates to express an
opinion on the consolidated financial statements. We are
izkIr djsaA ge lesfdr foÙkh; fooj.kksa esa 'kkfey ,slh laLFkkvksa
responsible for the direction, supervision and performance
dh foÙkh; tkudkjh dh ys[kkijh{kk ds funsZ'ku] i;Zos{k.k vkSj of the audit of financial information of such entities
fu"iknu ds fy, ftEesnkj gSa] ftuds ge Lora=k ys[kkijh{kd included in the consolidated financial statements of which
gSaA lesfdr foÙkh; fooj.kksa esa 'kkfey vU; laLFkkvksa ds fy,] we are the independent auditors. For the other entities
ftudh vU; ys[kkijh{kdksa }kjk ys[kk&ijh{kk dh xbZ gS] ,sls vU; included in the consolidated financial statements, which
have been audited by other auditors, such other auditors
ys[kkijh{kd muds }kjk fd, x, vads{k.kksa ds funsZ'ku] i;Zos{k.k remain responsible for the direction, supervision and
vkSj fu"iknu ds fy, mÙkjnk;h jgrs gSaA ge viuh ys[kkijh{kk performance of the audits carried out by them. We remain
jk; ds fy, iwjh rjg mÙkjnk;h gSaA solely responsible for our audit opinion.
HkkSfrdrk] c;kuksa esa xyr c;kuksa dk ifjek.k gS] tks O;fäxr ;k Materiality is the magnitude of the misstatements in
lexz :i ls] ;g laHko cukrk gS fd foÙkh; fooj.kksa ds mfpr the statements that, individually or aggregate, makes it
probable that the economic decisions of a reasonably
tkudkj mi;ksxdrkZ] vkfFkZd fu.kZ; ls izHkkfor gks ldrs gSaA ge
knowledgeable user of the financial statements may be
¼i½ gekjs ys[kkijh{kk dk;Z ds nk;js dh ;kstuk cukus vkSj gekjs influenced. We consider quantitative materiality and
dk;Z ds ifj.kkeksa dk ewY;kadu djus( vkSj ¼ii½ foÙkh; fooj.kksa esa qualitative factors in; (i) planning of the scope of our audit
fdlh igpkus x, xyr fooj.k ds izHkko dk ewY;kadu djus ds work and evaluating the results of our work; and (ii) to
fy, ek=kkRed HkkSfrdrk vkSj xq.kkRed dkjdksa ij fopkj djrs evaluate the effect of any identified misstatement in the
gSaA financial statements.
ge 'kklu izHkkfj;ksa ds lkFk vU; ekeyksa lfgr] ys[kkijh{kk ds We communicate with those charged with governance
;kstukc) foLrkj rFkk le;lhek vkSj egRoiw.kZ ys[kkijh{kk regarding, among other matters, the planned scope and
fu"d"kks±] ftlesa vkarfjd fu;a=k.k esa fdlh Hkh egRoiw.kZ dfe;ksa dks timing of the audit and significant audit findings, including
any significant deficiencies in internal control that we
'kkfey fd;k x;k gks ds laca/k esa ppkZ djrs gSa] tks ys[kkijh{kk ds
identify during our audit.
nkSjku igpkuh xbZ gksaA
We also provide those charged with governance with
ge mu 'kklu izHkkfj;ksa dks Hkh ,d fooj.k iznku djrs gSa fd geus a statement that we have complied with relevant
Lora=krk ds laca/k esa izklafxd uSfrd vko';drkvksa dk ikyu ethical requirements regarding independence, and to
444
fd;k gS] vkSj mu lHkh laca/kksa rFkk vU; ekeyksa ds ckjs esa muds communicate with them all relationships and other
lkFk laokn djrs gSa tks gekjh Lora=krk vkSj lacaf/kr lqj{kk mik; matters that may reasonably be thought to bear on
our independence, and where applicable, related
tgka Hkh ykxw gks] ij izHkko Mkyus ds fy, mfpr ekus tk ldrs gSaA
safeguards.
'kklu izHkkfj;ksa ds lkFk laizsf"kr ekeyksa ls] ge mu ekeyksa dks From the matters communicated with those charged with
fuèkkZfjr djrs gSa tks pkyw vof/k ds foÙkh; fooj.kksa dh ys[kkijh{kk governance, we determine those matters that were of
most significance in the audit of the financial statements
esa lcls vf/kd egRo j[krs Fks vkSj blfy, os izeq[k ys[kkijh{kk of the current period and are therefore the key audit
ekeys gSaA ge viuh ys[kkijh{kk fjiksVZ esa bu ekeyksa dk o.kZu matters. We describe these matters in our auditor’s report
djrs gSa tc rd fd dkuwu ;k fofu;eu bl ekeys ds laca/k esa dksbZ unless law or regulation precludes public disclosure about
lkoZtfud izdVhdj.k ugha djrs ;k vR;ar nqyZHk ifjfLFkfr;ksa esa] the matter or when, in extremely rare circumstances, we
geus ;g ik;k gSa fd gekjh fjiksVZ esa bl ekeys dks lwfpr ugha fd;k determine that a matter should not be communicated in
our report because the adverse consequences of doing
tkuk pkfg, D;ksafd ,slk djus ds izfrdwy ifj.kke lkoZtfud fgr so would reasonably be expected to outweigh the public
ds ykHk ij Hkkjh iM+ ldrs gSaA interest benefits of such communication.
vU; ekeys Other Matter
9. layXu lesfdr foÙkh; fooj.kksa esa fuEufyf[kr ds laca/k esa 9. The accompanying consolidated financial statements
includes the audited financial statements and other
ys[kkijhf{kr foÙkh; fooj.k vkSj vU; foÙkh; tkudkfj;k¡ 'kkfey
financial information, in respect of:
gSa%
• Four (04) subsidiaries viz. (i) Druk PNB Bank Limited,
• pkj ¼04½ vuq"kaxh vFkkZr ¼i½ Mªd ih,uch cSad fyfeVsM] ¼ii½ (ii) PNB Gilts Limited, (iii) PNB Investment Services
ih,uch fxYV~l fyfeVsM] ¼iii½ ih,uch fuos'k lsok,¡ fyfeVsM ,oa Limited and (iv) PNB Cards and Services Limited
¼iv½ ih,uch dkM~lZ vkSj lsok,¡ fyfeVsM ftldh foÙkh; fooj.kh@ whose financial statements / financial information
foÙkh; tkudkjh 31 ekpZ 2022 dks #-18053-63 djksM+ dh dqy reflect total assets of Rs. 18053.63 crore as at 31
March 2022, total revenues of Rs. 896.84 crore, and
vkfLr;k¡ rFkk ml rkjh[k dks lekIr o"kZ ds fy, dqy #- 896-84
the Group’s share of total net profit/(loss) after tax of
djksM+ dk jktLo] vkSj #- 174-29 djksM+ dk dj nsus ds ckn dqy Rs. 174.29 crore for the year ended on that date have
'kq) ykHk@ gkfu ds lewg dk 'ks;j n'kkZrh gS tks ys[kk&ijh{kk been audited by its respective independent auditor
blds lacaf/kr Lora=k ys[kkijh{kd }kjk dh xbZ gS ftudh fjiksVZ whose reports have been furnished to us, and our
gesa izLrqr dh xbZ gS vkSj gekjh jk; iwjh rjg ls mä ys[kkijh{kd opinion is based solely on the reports of the said
dh fjiksVks± ij vk/kkfjr gSA auditors.
• Eleven (11) domestic associates whose financial
• 11 ?kjsyw lgk;d daifu;ka ftuds foÙkh; [email protected] esa 31 results/ statements include Group’s share of net
ekpZ 2022 dks lekIr o"kZ ds fy, #-257-26 djksM+ dk dj nsus ds profit after tax of Rs. 257.26 crore for the year
i'Pkkr~ 'kq) ykHk esa lewg dk 'ks;j 'kkfey gS] tSlk fd lesfdr ended 31 March 2022 respectively, as considered
foÙkh; fooj.kksa esa ekuk x;k gS] ftuds foÙkh; ifj.kke@foÙkh; in the consolidated financial statements whose
financial results/financial statements, other financial
fooj.k] vU; foÙkh; tkudkfj;ksa dh ys[kk&ijh{kk blds lacafèkr
information has been audited by their respective
Lora=k ys[kkijh{kdksa }kjk dh xbZ gS ftudh ys[kkijh{kk fjiksVZ independent auditors whose audit reports have been
izLrqr dh xbZ gS vkSj gekjh jk; iwjh rjg ls mä ys[kkijh{kdksa dh furnished, and our opinion is based solely on the
fjiksVks± ij vk/kkfjr gSA reports of the said auditors.
10- layXu lesfdr foÙkh; fooj.kksa esa fuEufyf[kr ds laca/k esa 10. The accompanying consolidated financial statements
ys[kkijhf{kr foÙkh; fooj.k vkSj vU; foÙkh; tkudkfj;k¡ 'kkfey includes the unaudited financial results/statements and
other unaudited financial information, in respect of:
gSa%
• ,d ¼01½ vuq"kaxh vFkkZr ¼i½ iatkc uS'kuy cSad ¼baVjus'kuy½ • One (01) subsidiary viz. (i) Punjab National Bank
(International) Ltd. whose financial statements /
fy- ftudh foÙkh; fooj.kh@ foÙkh; tkudkjh 31 ekpZ 2022 dks financial information reflect total assets of Rs. 7730
#-7730 djksM+ dh dqy vkfLr;k¡ rFkk ml rkjh[k dks lekIr o"kZ ds crore as at 31 March, 2022, total revenues of Rs.
fy, #-307-91 djksM+ dk dqy jktLo vkSj dj nsus ds ckn #- 99-34 307.91 crore and share of total net profit after tax of
djksM+ ds dqy 'kq) ykHk dk 'ks;j n'kkZrh gS] cSad izca/ku }kjk izLrqr Rs. 99.34 crore for the year ended on that date have
dj nh xbZ gSaA been furnished by the management of the Bank.
445
• nks ¼02½ ?kjsyw lgk;d daifu;ka rFkk ,d ¼01½ fons'kh lgk;d • Two (02) domestic associates and one (01) foreign
associate whose financial results/ statements
daiuh ftuds foÙkh; [email protected] esa 31 ekpZ 2022 dks include Group’s share of net profit/(loss) after tax
lekIr o"kZ ds fy, #- ¼0-16½ djksM+ ds dj i'Pkkr~ 'kq) ykHk esa of Rs. (0.16) crore for the year ended 31 March
lewg dk fgLlk 'kkfey gS] tSlk fd lesfdr foÙkh; fooj.kksa esa 2022 respectively, as considered in the Consolidated
ekuk x;k gS] ftuds foÙkh; ifj.kke@foÙkh; fooj.k@ vU; foÙkh; Financial Statements whose financial results/financial
statements, other financial information has been
tkudkfj;ka cSad izca/ku }kjk izLrqr dh xbZ gSaA furnished by the management of the Bank.
gekjh jk; esa vkSj funs'kd eaMy }kjk gesa nh xbZ tkudkjh vkSj In our opinion and according to the information and
Li"Vhdj.k ds vuqlkj] ;s foÙkh; fooj.k@foÙkh; ifj.kke@foÙkh; explanations given to us by the Board of Directors, these
financial statements/financial results / financial information are
tkudkjh lewg ds fy, egRoiw.kZ ugha gSaA
not material to the Group.
mijksä ekeyksa ds laca/k esa fooj.kh ij gekjh jk; la'kksf/kr ugha dh xbZ Our opinion on the Statement is not modified in respect of the
gSA above matters.
vU; fof/kd vkSj fu;ked vko';drkvksa ij fjiksVZ Report on Other Legal and Regulatory Requirements
11. cSafdax fofu;eu vf/kfu;e] 1949 dh /kkjk 29 ds vuqlkj rqyu i=k 11. The Balance Sheet and the Profit and Loss Account have
,oa ykHk vkSj gkfu ys[kk rS;kj fd;k x;k gS( been drawn up in accordance with Section 29 of the
Banking Regulation Act, 1949;
12. mä 9 ,oa 10 ifjPNsn esa bafxr ys[kkijh{kk dh lhekvksa ds v/khu 12. Subject to the limitations of the audit indicated in
paragraphs 9 and 10 above and as required by the Banking
vkSj cSaddkjh daiuh ¼miØeksa dk vtZu vkSj varj.k½ vf/kfu;e] Companies (Acquisition and Transfer of Undertakings) Act,
1970@1980 dh vko';drkuqlkj vkSj blds varxZr vko';d 1970/1980, and subject also to the limitations of disclosure
izdVhdj.k dh lhekvksa ds v/khu] ge fjiksVZ djrs gSa fd% required therein, we report that:
1- geus lHkh tkudkjh vkSj Li"Vhdj.k izkIr fd, gSa] tks gekjs a. We have obtained all the information and explanations
which, to the best of our knowledge and belief, were
loksZÙke Kku vkSj fo'okl ds vuqlkj gekjh ys[kkijh{kk ds necessary for the purposes of our audit and have
mís';ksa ds fy, vko';d Fks vkSj mUgsa larks"ktud ik;k gS( found them to be satisfactory;
2- cSad ds ysu&nsu] tks gekjs laKku esa vk, gSa] cSad dh 'kfä;ksa b. The transactions of the Bank, which have come to our
ds varxZr gq, gSa(vkSj notice, have been within the powers of the Bank;
3- cSad ds dk;kZy;ksa vkSj 'kk[kkvksa ls izkIr fooj.kksa dks c. The returns received from the offices and branches of
gekjh ys[kkijh{kk ds mís';ksa ds fy, i;kZIr ik;k x;k gS( the Bank have been found adequate for the purposes
of our audit; and
vkSj
d. We have not observed any financial transaction or
4- geus ,slk dksbZ foÙkh; ysu&nsu ;k ekeyk ugha ns[kk gS matter which has adverse effect on the functioning of
ftldk cSad ds dkedkt ij izfrdwy izHkko iM+rk gSA the bank.
13. ^^lkoZtfud {ks=k ds cSadksa esa lkafof/kd dsaæh; ys[kkijh{kdksa 13. As required by letter No. DOS.ARG.
No.6270/08.91.001/2019- 20 dated March 17, 2020 on
¼,llh,½ dh fu;qfDr&foÙk o"kZ 2019&20 ls ,llh, ds fy, “Appointment of Statutory Central Auditors (SCAs) in
fjiksfV±x nkf;Roksa** ij vkjchvkbZ }kjk tkjh fd, x, mÙkjorhZ Public Sector Banks – Reporting obligations for SCAs from
i=kkpkj fnukad 19 ebZ] 2020 ds lkFk ifBr i=k la[;k Mhvks,l- FY 2019-20”, read with subsequent communication dated
,vkjth-la-6270@08-91-001@2019&20 fnukad 17 ekpZ] 2020 ds May 19, 2020 issued by the RBI, we further report on the
matters specified in paragraph 2 of the aforesaid letter as
vuqlkj vko';d gS] ge mijksä i=k ds iSjk 2 esa fufnZ"V ekeyksa
under:
ij vkxs fuEukuqlkj fjiksVZ djrs gSa%
a. In our opinion, the aforesaid Consolidated Financial
1- gekjh jk; esa] mijksä lesfdr foÙkh; fooj.k vkbZlh,vkbZ Statements comply with the applicable Accounting
}kjk tkjh ykxw ys[kkadu ekudksa dk ml lhek rd Standards issued by ICAI, to the extent they are not
vuqikyu djrs gSa] tc rd os vkjchvkbZ }kjk fu/kkZfjr inconsistent with the accounting policies prescribed
ys[kkadu uhfr;ksa ds lkFk vlaxr u gksA by the RBI.
446
2- foÙkh; ysunsu ;k ,sls ekeyksa ij dksbZ fVIi.kh ;k b. There are no observations or comments on financial
fVIi.kh ugha gS ftudk cSad ds dkedkt ij dksbZ izfrdwy transactions or matters which have any adverse effect
izHkko iM+rk gSA on the functioning of the Bank.
3- pwafd cSad daiuh vf/kfu;e] 2013 ds rgr iathd`r ugha gS] c. As the Bank is not registered under the Companies
Act, 2013 the disqualification from being a director of
blfy, daiuh vf/kfu;e] 2013 dh /kkjk 164 dh mi&/kkjk the bank under sub-section (2) of section 164 of the
¼2½ ds rgr cSad ds funs'kd gksus dh v;ksX;rk cSad ij ykxw Companies Act, 2013 do not apply to the Bank.
ugha gksrh gSA
4- cSad ds [kkrksa ds j[kj[kko vkSj mlls tqM+s vU; ekeyksa d. There are no qualifications, reservations or adverse
ls lacaf/kr dksbZ ;ksX;rk] vkj{k.k ;k izfrdwy fVIi.kh ugha remarks relating to the maintenance of accounts and
other matters connected therewith of the Bank.
gSA
e. The Bank’s internal financial controls over financial
5- foÙkh; fjiksfV±x ij cSad dk vkarfjd foÙkh; fu;a=k.k] reporting is not applicable on the Consolidated
lesfdr foÙkh; fooj.k ij ykxw ugha gksrk gSA Financial Statement.
14. ge vkxs fjiksVZ djrs gSa fd% 14. We further report that:
1- gekjh jk; esa] cSad us fof/k }kjk visf{kr [kkrk&cfg;ka a. in our opinion, proper books of account as required
;Fkksfpr :i ls j[kh gSa] tSlkfd ;g gekjh mu cfg;ksa dh by law have been kept by the Bank so far as it appears
from our examination of those books and proper
tkap ls izdV gksrk gS vkSj gekjs }kjk nkSjk ugha dh xbZ returns adequate for the purposes of our audit have
'kk[kkvksa ls gekjh ys[kkijh{kk ds mís';ksa ds fy, i;kZIr been received from branches not visited by us;
mfpr foojf.k;k¡ izkIr dh xbZ gSa(
2- bl fjiksVZ }kjk ns[ks x, rqyu i=k] ykHk ,oa gkfu [kkrk vkSj b. the Balance Sheet, the Profit and Loss Account and
the Cash Flow Statement dealt with by this report are
udnh izokg dh foojf.k;k¡] ys[kk cgh ds lkFk vkSj gekjs
in agreement with the books of account and with the
}kjk nkSjk ugha dh xbZ 'kk[kkvksa ls izkIr foojf.k;ksa ds lkFk returns received from the branches not visited by us;
esy [kkrh gSa(
3- cSafdax fofu;eu vf/kfu;e] 1949 dh /kkjk 29 ds varxZr c. the reports on the accounts of the branch offices
audited by branch auditors of the Bank under section
cSad ds 'kk[kk ys[kkijh{kdksa }kjk ys[kkijhf{kr 'kk[kk
29 of the Banking Regulation Act, 1949 have been
dk;kZy;ksa ds [kkrksa dh fjiksVZ gesa Hkst nh xbZ gS vkSj bl sent to us and have been properly dealt with by us in
fjiksVZ dks rS;kj djus esa gekjs }kjk i;kZIr /;ku j[kk x;k preparing this report; and
gS( vkSj
4- gekjh jk; esa] rqyu i=k] ykHk ,oa gkfu [kkrk vkSj udnh d. In our opinion, the Balance Sheet, the Profit and Loss
izokg dk fooj.k ykxw ys[kkadu ekudksa dk ml lhek rd Account and the Cash Flow Statement comply with
vuqikyu djrk gS tc rd fd os vkjchvkbZ }kjk fu/kkZfjr the applicable accounting standards, to the extent
ys[kkadu uhfr;ksa ds lkFk vlaxr u gksA they are not inconsistent with the accounting policies
prescribed by RBI.
FRN 000050N/N500045 FRN: 001537C FRN: 008567C
(M. No. 084993) (M. No. 074789) (M. No. 077281)
;wMhvkbZ,u% 22084993,vkbZ;wD;wD;wtsM3077 ;wMhvkbZ,u% 22074789,vkbZ;wdsbZ,y8209 ;wMhvkbZ,u% 22077281,vkbZ;wds,ebZ9859
UDIN: 22084993AIUQQZ3077 UDIN: 22074789AIUKEL8209 UDIN: 22077281AIUKME9859
447
FRN 115649W FRN 304138E
Hkkxhnkj Hkkxhnkj
Partner Partner
¼lnL; la- 071765½ ¼lnL; la- 217012½
¼M. No. 071765) ¼M. No. 217012½
;wMhvkbZ,u% 22071765,vkbZ;wvkjVhvks9424 ;wMhvkbZ,u% 22217012,vkbZ;w,ytsM,Q5228
UDIN: 22071765AIURTO9424 UDIN: 22217012AIULZF5228
LFkku % ubZ fnYyh

Place: New Delhi

Date: 11 May 2022
448

Punjab National Bank

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7#r*

Scri • Code : PNB Scrip Code : 532461

Reg.: Annual Report of the Bank for the year 2021-22.

Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure

This is for your information and record please.

riuna avora T punjab national bank

C)*(9C) (8) pnbindia www.pnbindia.in

21m11 ma3 pumab national bank

fiz; 'ks;j/kkjdksa] Dear Shareholders,

cSa¯dx {ks=k dh xfrfof/k;ka Developments in the Banking Sector

,e,l,ebZ _.k MSME Lending

¼vrqy dqekj xks;y½ (Atul Kumar Goel)

foÙkh; foojf.k;ka ¼,dy½ 227 Financial Statements (Standalone) 227

lesfdr foÙkh; foojf.k;ka 371 Consolidated Financial Statements 371

'ks;j varj.k ,tsaV SHARE TRANSFER AGENT

fo'ks"k dkjksckj SPECIAL BUSINESS

5- 'ks;j/kkjdksa dk jftLVj can djuk% 5. Closure of Register of Shareholders

¼lh½ fujLr psd dh yhQ (c) cancelled cheque leaf.

lzksr ij dVkSrh ;ksX; dj% Tax Deductible at Source:

'ks;j/kkjdksa dk izdkj ykWfxu fof/k Type of shareholders Login Method

NSDL Mobile App is available on App

ykWfxu dk izdkj gsYiMsLd fooj.k Login type Helpdesk details

'ks;j /kkfjr djus dk rjhdk Manner of holding shares

'ks;j/kkjdksa ds fy, lkekU; fn'kkfunsZ'k General Guidelines for shareholders

10- vnkokd`r ykHkka'k 10. Unclaimed Dividend

 en la[;k-3%  Item No.3:

Particulars Details of Transactions

foÙkh; fooj.kksa forming part of

laLFkk dk Lo#i foÙkh; Nature of Financial

The Board has also recommended that the proposed material

 en la[;k 4%  Item No.4:

ewY;kadu ;k vU; ykxw ugha Valuation or other Not applicable

Particulars Details of Transactions

None of the Directors, Key Managerial Personnel and their

 en la[;k 6%  Item No.6:

lacaf/kr ikVhZ ds ljksdkj ;k fgr dh izd`fr foÙkh;

cSad ;k mldh lgk;d daiuh }kjk fd, x, ;k ykxw ugha

ewY;kadu ;k vU; ckgjh ikVhZ fjiksVZ ykxw ugha

Particulars Details of Transactions

Nature of concern or interest of the Financial

Other details of Transaction relating Not Applicable

fooj.k ysunsu dk fooj.k Particulars Details of Transactions

cSad ;k mldh lgk;d ykxw ugha Other details of Not Applicable

By order of the Board of Directors

,- fuoklh 'ks;j/kkjd A. Resident Shareholders

 vkbZvkjMh,vkbZ  Self-attested copy

Mh½ 'ks;j/kkjdksa dks 'kwU;  ?kks"k.kki=k fd d) Shareholders Nil  Declaration that

ch- vfuoklh 'ks;j/kkjd B. Non-Resident Shareholders

4- vfuoklh 'ks;j/kkjd }kjk Lo&?kks"k.kk ds :i esa 4. Self-declaration by the non-resident shareholder as to

lkekU; funsZ'k% General Instructions:

10 ,Vh,e usVodZ ¼la[;k½ 9668 9255 9168 13781 13350

15 O;olk; izfr deZpkjh 14.73 16.80 18.21 18.85 19.41

25 iwath i;kZIrrk vuqikr ¼%½ 9.20 9.73 14.14 14.32 14.50

18.46 19.31 7.39 7.85

12.21 5.06 5.17

ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22 ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22

dqy tekjkf'k;k¡ ¼#- yk[k djksM+ esa½ dklk 'ks;j ¼%a½

ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22 ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22

44375 45714 240665 256760

ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22 ekpZ 19 ekpZ 20 ekpZ 21 ekpZ 22