The Sutex Co-operative Bank Ltd., Surat | |||||||||
Disclosure of information as per | |||||||||
RBI Circular No.UBD CO BPD (PCB) Cir. No.52/12.05.001/2013-14 dated March 25, 2014 | |||||||||
`Notes on Accounts' | |||||||||
Financial Year | 2020 (Rs. In Crore) | 2021 (Rs. In Crore) | |||||||
i) | Capital to Risk Weight Asset Ratio (CRAR) | 13.12% | 14.35% | ||||||
ii) | Movement of CRAR i.e., CRAR as on Balance Sheet date for the current year vis-à-vis previous year | 13.12% | 14.35% | ||||||
iii) | Investments: | ||||||||
a) | Book Value and Face value of investments | ||||||||
Book Value | 698.90 | 887.24 | |||||||
Face Value | 688.36 | 888.38 | |||||||
b) | Market value of investments | 703.17 | 892.02 | ||||||
c) | Details of Issuer composition of non-SLR investments and non performing non-SLR Investments (UBD.CO.BPD.(PCB) Cir No.45/16.20.00/2003-04 dated April 15, 2004 and UBD.(PCB).BPD.Cir.No.14/16.20.00/2007-08) dated September 18,2007) | ||||||||
? | Issuer Composition of Non SLR Investments (Rs. In Crore) | ||||||||
No. | Issuer | Amount | Extent of 'below investment grade Securities' | Extent of 'unrated Securities' | Extent of unlisted Securities' | ||||
(1) | (2) | (3) | (4) | (5) | (6) | ||||
1 | PSUs | - | - | - | - | ||||
2 | FIs | - | - | - | - | ||||
3 | Public Sector Banks | - | - | - | - | ||||
4 | Mutual Funds | - | - | - | - | ||||
5 | Others | 1.33 | - | - | - | ||||
6 | Provision Held towards Depreciation | 1.33 | - | - | - | ||||
? | Non -performing Non SLR Investment | ||||||||
Particulars | Amount (Rs. In Crore) | ||||||||
Opening Balance | 1.33 | ||||||||
Additions during the year since 1st April | - | ||||||||
Reduction during the above period | - | ||||||||
Closing Balance | 1.33 | ||||||||
Total Provisions held | 1.33 | ||||||||
iv) | Advances against real estate, construction business, housing | 39.88 | 81.09 | ||||||
v) | Advances against shares & debentures | - | - | ||||||
vi) | Advances to directors, their relatives, companies / firms in which they are interested: | ||||||||
a) | Fund Based | 1.95 | 2.37 | ||||||
b) | Non-fund based (Guarantees, L/C etc.) | - | - | ||||||
vii) | Cost of Deposits: Average cost of deposits | 6.72% | 6.41% | ||||||
viii) | NPAs: | ||||||||
a) | Gross NPAs | 26.63 | 15.12 | ||||||
b) | Net NPAs | - | - | ||||||
ix) | Movement in NPAs i.e. Gross and net NPAs as on Balance Sheet date for the current year vis-à-vis previous year. Net NPAs should be arrived at after deducting provisions held, interest suspense account etc. | ||||||||
Gross NPA as on beginning of the year | 20.94 | 26.63 | |||||||
Add: New NPA During Current year | 10.64 | 5.38 | |||||||
Less : Reduced during Current year | 4.95 | 16.89 | |||||||
Gross NPA as at the end of the year | 26.63 | 15.12 | |||||||
x) | Profitability: | ||||||||
a) | Interest income as a percentage of working funds | 6.76% | 7.84% | ||||||
b) | Non-Interest income as a percentage of working funds | 0.42% | 0.60% | ||||||
c) | Operating profit as a percentage of working funds | 0.79% | 1.07% | ||||||
d) | Return on Assets | 0.64% | 0.75% | ||||||
e) | Business (Deposits + Advanves) per employee | 12.39 | 12.90 | ||||||
f) | Profit per employee | 0.05 | 0.07 | ||||||
xi) | Provisions made towards NPAs, depreciation in investments, Standard Assets | - | - | ||||||
xii) | Movement in provisions: [i.e., Provisions as on Balance Sheet date for the current year (e.g. March 31, 2021 vis-à-vis previous year(e.g. March 31, 2020).] | ||||||||
a) | Towards NPAs | 26.60 | 29.30 | ||||||
b) | Towards depreciation on investments | - | - | ||||||
c) | Towards standard assets | 5.44 | 5.44 | ||||||
xiii) | Foreign currency assets & liabilities: (if applicable) | N.A. | N.A. | ||||||
xiv) | Payment of DICGC Insurance Premium:(UBD.No.BP.38/16.45.00/2002-03 dated March 06, 2003) | 1.98 | 2.51 | ||||||
xv) | Penalty imposed by RBI: (UBD.PCB.Cir.No.40/16.45.00/2004-05 dated March 01, 2005) | - | - | ||||||
xvi | Restructured Accounts | ||||||||
Housing Loan | SME Debt Restructuring | Others | |||||||
Standard Advances Restructured | Number of Borrowers | - | - | - | |||||
Amount Outstanding | - | - | - | ||||||
Sacrifice (diminution in the fair value) | - | - | - | ||||||
Sub Standard Advances Restructured | Number of Borrowers | - | - | - | |||||
Amount Outstanding | - | - | - | ||||||
Sacrifice (diminution in the fair value) | - | - | - | ||||||
Doubtful Advances Restructured | Number of Borrowers | - | - | - | |||||
Amount Outstanding | - | - | - | ||||||
Sacrifice (diminution in the fair value) | - | - | - | ||||||
Total | Number of Borrowers | - | - | - | |||||
Amount Outstanding | - | - | - | ||||||
Sacrifice (diminution in the fair value) | - | - | - | ||||||
Number of Applications under process for Restructuring: | Nil | ||||||||
xvii | Fixed Assets : Fixed Assets are stated at cost of acquisition or construction less accumulated depreciation. Fixed Assets are capitalized at cost inclusive of legal and installation expense. Depreciation is charged over the estimated useful life of the fixed assets on written down value method except the computers. | ||||||||
Nature of Assets | Rate of Depreciation | Method | |||||||
Building | 2.50% | WDV | |||||||
Safe Deposit Vaults | 10.00% | WDV | |||||||
Furniture & Fixtures | 10.00% | WDV | |||||||
Computers | 33.33% | SLM | |||||||
Electric Installation | 10.00% | WDV | |||||||
Plant & Machinery | 15.00% | WDV | |||||||
xviii | The Deposit Education and Awareness Fund Scheme, 2014 | Previous Year | Current Year | ||||||
Amount in Rs. | |||||||||
Opening balance of amounts transferred to DEAF | 38,133,063.17 | 43,396,325.63 | |||||||
Add | Amounts transferred to DEAF during the year | 7,412,055.85 | 7,970,865.35 | ||||||
Less | Amounts reimbursed by DEAF towards claims | 2,148,793.39 | 847,611.81 | ||||||
Closing balance of amounts transferred to DEAF | 43,396,325.63 | 50,519,579.17 | |||||||
Other Disclosures as per RBI notification No. DOR.No.BP.BC/3/21.04.048/2020-21 dated August 06, 2020 | |||||||||
Type of borrower | (A) Number of accounts where resolution plan has been implemented under this window | (B) exposure to accounts mentioned at (A) before implementation of the plan | (C) Of (B), aggregate amount of debt that was converted into other securities | (D) Additional funding sanctioned, if any, including between invocation of the plan and implementation | (E) Increase in provisions on account of the implementation of the resolution plan. | ||||
Personal Loans | 2 | 110,391,887.03 | - | - | 11,035,889.00 | ||||
Corporate persons | 1 | 48,146,532.00 | - | - | 2,407,327.00 | ||||
Of which, MSMEs | 1 | 48,146,532.00 | - | - | 2,407,327.00 | ||||
Others | - | - | - | - | - | ||||
Total | 3 | 158,538,419.03 | - | - | 13,443,216.00 | ||||
Disclosures as per RBI notification No. DOR.STR.REC.4/21.04.048/2021-22 dated April 07, 2021 | |||||||||
The aggregate amount of Rs. 1,02,53,148/- has to be refunded / adjusted in respect of our borrowers based on the above notification regarding `Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package. | |||||||||