funs’kd eaMy€¦ · Sukhen Pal Babuta egkizca/kd / General Managers Jh vkbZ-,l- HkkfV;k Jh...

funs’kd eaMy / Board of Directors

dk;Zdkjh funs’kdJh eqds”k dqekj tSuExecutive Director

Sh. Mukesh Kumar Jain

Jh ,l-vkj- esgjSh. S.R. Mehar

Jh çnhIr- ds- tsukSh. Pradipta K. Jena

Jh egs’k dqekj xqIrkSh. Mahesh Kumar Gupta

Jh lat; oekZSh. Sanjay Verma

Jhefr vuhrk d.kkZojSmt. Anita Karnavar

Jh ,e-,l- lkjaxSh. M.S. Sarang

Jh lq[ksu iky ccwrkSh. Sukhen Pal Babuta

v/;{k ,oa izca/k funs’kdJh tfrUnjchj flag] vkbZ-,-,l-

Chairman & Managing DirectorSh. Jatinderbir Singh, I.A.S.

Punjab & Sind Bank

Annual Report 2014-15 1

fo"k;&lwph / Contents

i`"B la[;k / Page No.

1- mYys[kuh; rF; / Highlights 2

2- funs”kd eaMy / Board of Directors 3

3- uksfVl / Notice 4-15

4- funs'kd eaMy dh fjiksVZ / Directors' Report 16-43

5- fo'ks"k vk;kstu@miyfC/k;k¡ / Special Events / Achievements 44

6- dkWiksZjsV izca/ku fjiksVZ / Corporate Governance Report 45-93

7- ckly&II o ckly&III ds varxZr izdVhdj.k / Disclosure under Basel - II & Basel - III 94-161

8- foRrh; foojf.k;ka / Financial Statements:

Lora= ys[kk ijh{kdksa dh fjiksVZ / Independent Auditors’ Report 162-165

rqyu&i= / Balance Sheet 166-167

ykHk&gkfu [kkrk / Profit & Loss Account 166-169

vuqlwfp;k¡ / Schedules 170-233

udnh izokg fooj.k&i= / Cash Flow Statement 234-235

9- izkWDlh izk#i / Proxy Form 236-237

10- mifLFkfr iphZ / Attendance Slip 238-239

iatkc ,.M fla/ cSad

okf"kZd fjiksVZ 2014-152

mYys[kuh; rF; / Highlights

#i, yk[kksa esa / Rupees. in lacs

fnukad 31-03-2015 dks / As on 31.03.20151- tek Deposits 86714722- ldy vfxze Gross Advances 64796423- izkFkfedrk {ks= vfxze Priority Sector Advances 20233564- ldy fuos'k Gross Investments 26791695- 'kq) ykHk Net Profit 121356- vkfLr;ksa ij izfrQy (%) Return on Assets (%) 0.13%7- “kq) ,uih, vuqikr (%) Net NPA Ratio (%) 3.55 % 8- iwaath i;kZIrrk vuqikr (%) (csly&II) Capital Adequacy Ratio (%) (Basel-II) 11.88%9- iwaath i;kZIrrk vuqikr (%) (csly&III) Capital Adequacy Ratio (%) (Basel-III) 11.24%

Punjab & Sind Bank


cksMZ funs'kd / Board of Directors

v/;{k ,oa izca/k funs'kdJh tfrUnjchj flag] vkbZ-,-,l-

Chairman & Managing DirectorSh. Jatinderbir Singh, I.A.S.

dk;Zdkjh funs'kdJh eqds'k dqekj tSuExecutive Director

Sh. Mukesh Kumar Jain

funs'kd @ Directors

Jh ,l-vkj- esgj Jh çnhIr- ds- tsuk Jh egs'k dqekj xqIrk Jh lat; oekZSh. S.R. Mehar Sh. Pradipta K. Jena Sh. Mahesh Kumar Gupta Sh. Sanjay Verma

Jhefr vuhrk d.kkZoj Jh ,e-,l- lkjax Jh lq[ksu iky ccwrkSmt. Anita Karnavar Sh. M.S. Sarang Sh. Sukhen Pal Babuta

egkizca/kd / General Managers

Jh vkbZ-,l- HkkfV;k Jh ,e-th- JhokLro Jh nhid eSuh Jh ,l-ih-,l- dksgyh Sh. I.S. Bhatia Sh. M.G. Srivastava Sh. Deepak Maini Sh. S.P.S. Kohli

Jh th-,l- <+Yy Jh Mh-Mh- 'kekZ Jh ohjsUnz xqIrk Jh ,l-lh- Dok=kSh. G.S. Dhall Sh. D.D. Sharma Sh. Varinder Gupta Sh. S.C. Kwatra

Jh vkj-ih-,l- [kqjkuk Jh th-,l- ukjax Jh gjfoUnj flagSh. R.P.S. Khurana Sh. G.S. Narang Sh. Harvinder Singh

ys[kk ijh{kd / Auditors

eSllZ ch-ds- JkQ ,.M da- eSllZ vkj- dksBkjh ,.M da-M/s B.K. Shroff & Co. M/s R. Kothari & Co.

eSllZ frokjh ,.M ,lksf'k,Vl eSllZ f<+Yyksa ,.M ,lksf'k,VlM/s Tiwari & Associates M/s Dhillon & Associates

iatkc ,.M fla/ cSad


iatkc ,.M ÇLk/k cSad¼Òkjr Lkjdkj dk miØe½

Á/kku dk;kZy; % 21 &jktsUæ IysLk] ubZ fnYyh 110008

_______________________________________________________________________________________

uksfVl

,rn~ }kjk lwfpr fd;k tkrk gS fd iatkc ,.M fla/k cSad ds 'ks;j/kkjdksa dh i‚apoha okf"kZd lkekU; cSBd bafM;k baVjus'kuy lsUVj] 40 & eSDlewyj ekxZ] yks/kh ,LVsV] ubZ fnYyh&110003 esa lkseokj] 29 twu 2015 dks çkr% 10-00 cts vk;ksftr dh tk,xhA blesa fuEufyf[kr dkjksckj lapkfyr gksaxs%

en la-1- cSad ds 31 ekpZ 2015 ds ys[kk ijhf{kr rqyu&i=] 31 ekpZ 2015 dk ykHk&gkfu ys[kk] ys[kksa esa lekfgr vof/k esa

dk;Zfu"iknu rFkk dk;Zdykiksa ij funs'kd eaMy dh fjiksVZ vkSj rqyu&i= ,oa ys[kksa ij ys[kk ijh{kdksa dh fjiksVZ ij fopkj&foe'kZ] vuqeksnu o Lohdkj djus gsrqA

2- foÙkh; o"kZ 2014&15 ds fy, ykHkka'k dk vuqeksnu o ?kks"k.kk A

;g Hkh lwfpr fd;k tkrk gS fd okf"kZd lkekU; cSBd esa bZ&oksV@oksV nsus ds ik= 'ks;j/kkjdksa ds ukeksa dk irk yxkus ds fy, vafre frfFk ¼dV v‚Q MsV½ 22-06-2015 fu/kkZfjr dh gSA ¼d½ okf"kZd lkekU; cSBd ds flyflys esa 'ks;j&/kkjdksa ds jftLVj rFkk cSad dh 'ks;j VªkaLQj cqd fnukad 23-06-2015 ls 29-06-2015 rd] ftlesa nksuks fnu lfEefyr gSa can jgsxh rFkk ¼[k½ ikpoh okf"kZd lkekU; cSBd esa ?kksf"kr vafre ykHkka'k] ;fn dksbZ gS rks çkIr djus okys 'ks;j/kkjdksa dh ik=rk dk fu/kkZj.k fd;k tk,xkA

funs'kd eaMy ds vkns'kkuqlkj

LFkku % ubZ fnYyh tfrUnjchj flag fnukad % 15 ebZ] 2015 v/;{k ,oa çca/k funs'kd

Punjab & Sind Bank


Punjab & Sind Bank (A Government of India Undertaking)

Head Office : 21 – RAJENDRA PLACE, NEW DELHI -110008

_______________________________________________________________________________________

NOTICE

Notice is hereby given that the Fifth Annual General Meeting of Shareholders of Punjab & Sind Bank will be held on Monday, the 29th June, 2015 at 10.00 a.m. at India International Centre, 40-Max Mueller Marg, Lodi Estate, New Delhi-110003 to transact the following business:

Item No.

1. To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2015, Profit & Loss account for the year ended 31st March 2015, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts.

2. To approve and declare dividend for the financial year 2014-15.

Notice is also given that the Bank has fixed 22.06.2015 as the ‘Cut-Off date’ to ascertain names of shareholders who shall be entitled to e-vote / vote at the Annual General Meeting and to receive dividend. Further, the Register of shareholders and the share transfer books of the Bank will remain closed from 23.06.2015 to 29.06.2015 (both days inclusive) in connection with (a) the Annual General Meeting and (b) to determine the entitlement of shareholders to receive dividend declared, if any, at the Fifth AGM.

By Order of the Board of Directors

Place : New Delhi Jatinderbir Singh Date : 15th May 2015 Chairman & Managing Director

iatkc ,.M fla/ cSad


fVIif.k;k¡

1- Á‚DLkh dh fu;qfä

cSBd esa Hkkx ysus vkSj ernku ds fy, ik= 'ks;j&/kkjd vius LFkku ij cSBd esa Hkkx ysus ,oa er nsus ds fy, ç‚Dlh dh fu;qfä djus gsrq ik= gksxk@gksxh rFkk ç‚Dlh dks cSad dk 'ks;j?kkjd gksuk vfuok;Z ugha gSSA

iatkc ,.M fla/k cSad ¼'ks;j o cSBd½ fofu;e] 2008 ds çko/kkuksa ds vuqlkj iatkc ,.M fla/k cSad ds fdlh vf/kdkjh ;k deZpkjh dks ç‚Dlh fu;qä ugha fd;k tk ldrkA fofu;eksa ds fofu;e 70¼vi½ ds vuqlkj ç‚Dlh dks fn, x, fy[kr }kjk O;fäxr :i ls cSBd esa ernku dk vf/kdkj ugha gksxk ftlls fy[kr lacaf/kr gSA

ç‚Dlh QkeZ ¼vuqyXud&,½ rHkh çHkkoh gksxk tc og iatkc ,.M fla/k cSad] ç/kku dk;kZy;] ys[kk ,oa ys[kk ijh{kk foHkkx] cSad ds 'ks;j d{k] 21&jktsUæ Iysl] ubZ fnYyh&110008 esa okf"kZd lekU; cSBd dh frfFk ls de ls de pkj fnu igys vFkkZr~ fnukad 24-06-2015 ¼cq/kokj½ dks lk;a 5 cts vFkok cSad ds dk;Z&?kaVksa ds lekIr gksus ls iwoZ çkIr gks tk,xkA blds lkFk eq[rkjukek ;k vU; vf/kdkj i= ;fn dksbZ gS] tksfd gLrk{kfjr gS vFkok uksVjh ifCyd ;k eftLVªsV }kjk çekf.kr gS lR;&çfr ds :i esa çLrqr dh tk, c'kZrs ;g eq[krkjukek vFkok vf/kdkj i= iwoZ esa cSad ds ikl tek gS rFkk jftLVMZ gS A

2- vf/k—r çfrfuf/k dh fu;qfä

iatkc ,.M fla/k cSad ¼'ks;j o cSBd½ fofu;e] 2008 ds çko/kkuksa ds vuqlkj iatkc ,.M fla/k cSad ds fdlh vf/kdkjh ;k deZpkjh dks vf/k—r çfrfuf/k ds :i esa fu;qä ugha fd;k tk ldrk gSA

dksbZ Hkh O;fä tks fdlh daiuh ;k fuxfer fudk; tksfd cSad dk 'ks;j/kkjd gS] ds fof/kor~ çfrfuf/k ds :i esa cSBd esa Hkkx ysus vFkok oksV nsus ds fy, rc rd ik= ugha gksxk tc rd mls ,d ;Fkkfof/k vf/k—r çfrfuf/k ds :i esa fu;qä djus laca/kh ladYi dh ,d çfr ml cSBd ds v/;{k] ftlesa ;g ikfjr fd;k x;k Fkk] }kjk çekf.kr fd;k x;k gks] cSBd dh rkjh[k ls 4 fnu iwoZ vFkkZr~ 24-06-2015 ¼cq/kokj½ dks lk;a 5 cts ;k blls igys iatkc ,.M fla/k cSad] ç/kku dk;kZy;] ys[kk ,oa ys[kk ijh{kk foHkkx] 'ks;j d{k] 21&jktsUæ Iysl] ubZ fnYyh&110008 esa çkIr gks tkuk pkfg,A

3- iathdj.k] mifLFkfr iphZ rFkk ços'k iphZ

'ks;j/kkjdksa dks cSBd esa Hkkx ysus dh lqfo/kk çnku djus gsrq fnukad 29-06-2015 dks çkr% 9-00 cts iathdj.k cSBd LFky ij vkjaHk gksxhA 'ks;j/kkjdksa dks iathdj.k vkSipkfjdrkvksa dks iw.kZ djus gsrq cSBd esa le; ls igys mifLFkr gksus dk vuqjks/k gSA

'ks;j/kkjdksa dh lqfo/kk gsrq bl uksfVl ds lkFk mifLFkfr iphZ rFkk mifLFkfr ikl ¼vuqyXud&^ch*½ layXu gSA 'ks;j/kkjdksa@ç‚Dlh /kkjdksa@vf/k—r çfrfuf/k;ksa ls vuqjks/k gS fd mifLFkfr iphZ Hkj dj] mlesa n'kkZ, x, LFkku ij vius gLrk{kj dj] bls cSBd LFky ij lkSi nsaA blds i'pkr gh mUgsa ços'k iphZ tkjh dh tk,xhA 'ks;j/kkjd ds ç‚Dlh@vf/k—r çfrfuf/k tSlh Hkh fLFkfr gks ç‚Dlh@vf/k—r çfrfuf/k mifLFkfr iphZ ij ç‚Dlh ;k vf/k—r çfrfuf/k tks Hkh fLFkfr gks vafdr djsxkA 'ks;j/kkjdksa@ç‚Dlh&/kkjd@ çkf/k—r çfrfuf/k;ksa dks lwfpr fd;k tkrk gS fd cSBd esa ços'k dk vf/kdkj lR;kiu@tk¡p] tSlk Hkh vko';d le>k tk,xk] ds i'pkr gksxk] vkSj mudks oS/k igpku tSls ernkrk igpku i=@fu;ksäk igpku i=@iSu dkMZ@ikliksVZ@Mªkbfoax ykblsal vkfn dks lkFk esa ykus dh lykg nh tkrh gSA

4- 'ks;j varj.k ,tsUVksa ds lkFk i=&O;ogkj

'ks;j/kkjd] ftuds ikl 'ks;j HkkSfrd fLFkfr esa gSa] ls muds bZ&esy irs] Mkd irs] cSad fooj.k vkfn esa gq, ifjorZuksa] ;fn dksbZ gS rks] mldh lwpuk cSd ds 'ks;j varj.k ,tsaV dks fuEu irs ij nh tk,%

fyad buVkbe bafM;k çk-fy- ;wfuV&iatkc ,.M fla/k cSad] 44] dEI;qfuVh lsUVj] nwljh eafty] ukjk;.kk vkS|ksfxd {ks=] Qst&I utnhd ih-oh-vkj- ukjk;.kk] ubZ fnYyh&110 028- Qksu 011 41410592] 41410593 bZ&esy% [email protected]

'ks;j/kkjd ftuds ikl 'ks;j vHkkSfrd :i esa gSa] ls vuqjks/k gS fd os vius bZ&esy irs] Mkd irs] cSad fooj.k esa ifjorZu@v|ru ;fn gks rks] vius fMikftV‚jh lgHkkxh dks lkjk laçs"k.k bySDVªkWfud ek/;re ls çkfIr djus ds fy, lwfpr djsaA

Punjab & Sind Bank


NOTES1. APPOINTMENT OF PROXY: A Shareholder entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote instead of

himself/herself and such proxy need not be a shareholder of the Bank. No person shall be appointed as a proxy who is an officer or employee of Punjab & Sind Bank as per provisions of Punjab

& Sind Bank (Shares and Meetings) Regulations, 2008. As per the regulation 70 (vi) of Regulations, the grantor of an instrument of proxy shall not be entitled to vote in person at the meeting to which such instrument relates.

The Proxy Form (Annexure-‘A’) in order to be effective must be received at Punjab & Sind Bank, Head Office Accounts & Audit Department, Shares Cell, 21-Rajendra Place, New Delhi-110 008, at least four days before the date of the Annual General Meeting i.e. on or before the closing hours of the Bank at 5.00 p.m. on 24.06.2015 (Wednesday) together with the Power of Attorney or other authority, if any, under which it is signed or a copy of that Power of Attorney or other authority certified as a true copy by a Notary Public or a Magistrate unless such Power of Attorney or other authority has been previously deposited and registered with the Bank.

2. APPOINTMENT OF AN AUTHORISED REPRESENTATIVE : No person shall be appointed as authorised representative who is an officer or employee of Punjab & Sind Bank as per

provisions of Punjab & Sind Bank (Shares and Meetings) Regulations, 2008. No person shall be entitled to attend or vote at the meeting as a duly authorized representative of a company or any other

Body Corporate which is a shareholder of the Bank, unless a copy of the Resolution appointing him/her as a duly authorized representative, certified to be true copy by the Chairman of the meeting at which it was passed, shall have been received at Punjab & Sind Bank, Head Office Accounts & Audit Department, Shares Cell, 21-Rajendra Place, New Delhi-110 008, at least four days before the date of the Annual General Meeting, i.e. on or before the closing hours of the Bank at 5.00 p.m. on 24.06.2014 (Wednesday).

3. REGISTRATION, ATTENDENCE SLIP AND ENTRY SLIP: In order to facilitate the shareholders attending the meeting, Registration process will commence from 9.00 a.m. on

29.06.2015, at the venue. Shareholders are requested to be present for the meeting well in advance, to complete the Registration formalities.

For the convenience of the shareholders, attendance slip and entry pass is annexed (Annexure-‘B’) to this notice. Shareholders/Proxy Holders/Authorised Representatives are requested to fill in, affix their signatures at the space provided therein and surrender the same at the venue and thereafter entry slip shall be issued to them. Proxy/Authorised Representative of a shareholder should state on the attendance slip as ‘Proxy' or ‘Authorised Representative' as the case may be. Shareholders / Proxy holders / Authorised Representatives may note that the admission to the meeting will be subject to verification / checks, as may be deemed necessary and they are advised to carry valid proof of identity viz., Voters ID Card / Employer Identity Card / Pan Card / Passport / Driving license etc. Ballot paper for poll will be issued against surrendering of entry pass.

4. COMMUNICATION WITH THE SHARE TRANSFER AGENT: Shareholders holding shares in physical form are requested to intimate changes/update, if any, in their email address,

postal address, bank details etc. to Share Transfer Agent of the Bank at the following address to receive all communication through electronic mode:

Link Intime India Pvt Ltd. Unit: Punjab & Sind Bank 44, Community Centre, 2nd Floor, Naraina Industrial Area, Phase-I, Near PVR Naraina, NEW DELHI-110 028 Ph: 011 41410592, 41410593 email: [email protected]

Shareholders holding shares in dematerialised form are requested to intimate changes/ update, if any, in their email address, postal address, bank details etc. to their depository participants, to receive all communication through electronic mode.

iatkc ,.M fla/ cSad


5- ykHkka'k dk Hkqxrku

cSad ds funs'kd e.My usa viuh fnukad 12-05-2015 dks vk;ksftr cSBd esa foÙkh; o"kZ 2014&15 ds fy, çR;sd 10@& #i, ds bfDoVh 'ks;j ds fy, vafre ykHkka'k 0-60 #i, ¼0-60 #i,½ dh vuq'kalk dhA funs'kd e.My }kjk laLrqfr rFkk 5oha lkekU; cSBd ds vuqeksfnr ykHkka'k dk Hkqxrku fuEukuqlkj fd;k tk,xkA

d- fnukad 22-06-2015 dks dkjksckj le; dh lekfIr ij us'kuy lSD;ksfjVht fMiksftVjh fyfeVsM ¼,u,lMh,y½ vkSj lsUVªy fMiksftVjh lfoZlst ¼bafM;k½ fy- ¼,uMh,l,y½ }kjk miyC/k djk, x, vkadM+ksa ds vuqlkj bysDVª‚fud #i esa /kkfjr 'ks;jksa ds lHkh ykHkkFkhZ Lokfe;ksa dksA

[k- fnukad 22-06-2015 ds dk;Zdky dh lekfIr vFkkZr~ 5-00 cts rd ;k mlls igys cSad@cSad ds jftLVªkj vkSj 'ks;j gLrkarj.k ,tsaV vFkkZr~ fyad buVkbZe bafM;k çk- fy- ds ikl ntZ 'ks;j gLrkarj.k vuqjks/k ds laca/k esa oS/k gLrkarj.k çHkkoh djus ds i'pkr~ HkkSfrd :i esa /kkfjr 'ks;jksa ds laca/k esa lHkh lnL;ksa dksA

x- 5oha okf"kZd lkekU; cSBd dh frfFk ls 30 fnu ds vanj ik= 'ks;j/kkjdksa dks ykHkka'k forfjr fd;k tk,xkA

6- ykHkka'k vf/kns'k@Mkd irs esa ifjorZu

d- bySDVª‚fud :i esa j[ks x, ykHkkFkhZ 'ks;j/kkjdksa dks ,rn~ }kjk lwfpr fd;k tkrk gS fd muds lacaf/kr fMiksftVjh [kkrs esa iath—r cSad fooj.kksa dks cSad }kjk ykHkka'k dk Hkqxrku djus ds fy, mi;ksx esa yk;k tk,xkA cSad vFkok bldk jftLVj ,oa 'ks;j gLrkarj.k ,tsaV ] bySDVª‚ fud :i esa 'ks;j j[kus okys lnL;ksa ls lh/ks gh çkIr ,sls fdlh vuqjks/k ij dkjZokbZ ugha djsxk tks cSad fooj.kksa vFkok cSad vf/kns'k ls lacaf/kr gksaxsA ,sls ifjorZuksa dh lwpuk dsoy muds fMiksftVjh lgHkkxh dks gh nh tkuh pkfg,A

[k- HkkSfrd :i ls 'ks;j j[kus okys lnL;ksa ls vuqjks/k gS fd ;fn muds irs rFkk cSad fooj.k esa dksbZ ifjorZu gks] rks bldh lwpuk rRdky cSad ds jftLVªkj vkSj 'ks;j gLrkarj.k ,tsaV vFkkZr fyad buVkbZe bafM;k çk-fy- dks nsaA bySDVª‚ fud :i esa 'ks;j j[kus okys lnL;ksa dks vius irs esa fdlh çdkj ds ifjorZu dh lwpuk vo'; gh vius lacaf/kr lgHkkxh fMiksftVjh dks nsuh pkfg,A cSad vFkok cSad ds jftLVªkj ,o 'ks;j gLrkarj.k ,tsaV dks lwpuk nsus dh vko';drk ugha gSA

x- lnL;ksa ls vuqjks/k gS fd os cSad vFkok cSad ds jftLVªkj ,o 'ks;j gLrkarj.k ,tsaV ds lkFk fdlh Hkh çdkj ds i= O;ogkj esa vius lacaf/kr Qksfy;ks uacj¼muds fy, ftuds ikl 'ks;j HkkSfrd :i esa gS½ vkSj viuk Mhih vkbZMh@xzkgd vkbZMh uacj ¼muds fy, ftuds ikl 'ks;j bySDVª‚fud :i esa gSa½ dk vo'; mYys[k djsaA

7- Hkqxrku@nkok u fd, x, ykHkka'k] ;fn dksbZ gks

ftu 'ks;j/kkjdksa us vius fiNys ykHkka'k okjaVksa dk udnhdj.k ugha fy;k gS os cSad ds 'ks;j VªkaLQj ,tsaV ls n'kkZ, x, irs ij ;k 21] jktsaæ Iysl] ubZ fnYyh&110 008 esa cSad ds 'ks;j d{k ls laidZ djsaA

8- Qksfy;ksa dk lesdu

ftu 'ks;j/kkjdksa ds ikl ,d ls vf/kd [kkrksa esa vius le:i uke ls 'ks;j gSa] muls vuqjks/k gS fd os fyad buVkbZe bafM;k çk-fy- ¼vkj-Vh-,-½ dks 'ks;j çek.k&i=ksa ds lkFk ,sls [kkrksa ds ystj Qksfy;ks ds lkFk lwfpr djsa rkfd cSad ,d [kkrs es lHkh /kkfjr 'ks;jksa dk lesdu djus esa l{ke gks ldsA i`"Bkadu laca/kh vko';d dkjZokbZ djus ds ckn] lnL;ksa ds 'ks;j çek.k&i= ;Fkk le; ykSVk fn, tk,axsA

9- 'ks;j /kkjdksa ls vuqjks/k

'ks;j/kkjdksa@ç‚Dlh /kkjdksa@çkf/k—r çfrfuf/k;ksa ls vuqjks/k gS fd os okf"kZd lkekU;r cSBd esa okf"kZd fjiksVZ dh viuh çfr lkFk ysdj vk,A okf"kZd lkekU; cSBd esa okf"kZd fjiksVZ dh dksbZ çfr forfjr ugha dh tk,xhA

10- 'ks;j /kkjdksa ds erkf/kdkj

vf/kfu;e dh /kkjk 3¼2bZ½ esa fn, x, çko/kkuksa dh 'krksaZ ds vuqlkj dsaUæ ljdkj ds vykok] cSad dk dksbZ Hkh 'ks;j/kkjd vius }kjk /kkjd 'ks;j] cSad ds lHkh 'ks;j /kkjdksa ds dqy erkf/kdkj dk 10 çfr'kr ls vf/kd 'ks;j] j[krk gS rks og erkf/kdkj dk ik= ugha gksxkA

cSad lHkh 'ks;j/kkjdksa dks ,tsaMk enksa ds fy, bZ&oksfVax dh lqfo/kk çnku dj jgk gSA ok-lk-cS- dh bZ&oksV&oksV dh ik=rk dh vafre fnukad ¼dV v‚Q MsV½ 22-06-2015 gSA bZ&oksfVax dh vof/k 26-06-2015 dks iwokZà 10-00 cts çkjaHk gksxh vkSj 28-06-2015 dks vijkà 5-00 cts rd gksxhA blds i'pk,r bZ&oksV ugha dh tk ldsxhA y‚xbu vkbZMh] ikloMZ] i|fr vuqca/k esa nh xbZ gSA

Punjab & Sind Bank


5. PAYMENT OF DIVIDEND

The Board of Directors of the Bank in its meeting held on 12.05.2015 recommended a dividend of Rs.0.60 (paise sixty only) per equity share of Rs. 10/- each fully paid up, for the financial year 2014-15. Dividend as recommended by the Board of Directors, on approval and declaration at the Fifth Annual General Meeting will be paid as under:

a. To all beneficial owners in respect of shares held in electronic form as per the data as may be made available by the National Securities Depository Services Ltd. (NSDL) / Central Depository Services (India) Ltd. (CDSL) as of the close of business hours on 22.06.2015.

b. To all the members in respect of shares held in physical form after giving effect to valid transfers, if any, in respect of transfer requests lodged with the Bank/ Bank’s Share Transfer Agent, i.e., Link Intime India Pvt. Ltd. on or before the close of business hours, i.e. 5.00 p.m. on 22.06.2015.

c. The dividend will be distributed to the eligible shareholders within thirty days from the date of Fifth Annual General Meeting.

6. DIVIDEND MANDATE / CHANGE OF ADDRESS

a. Beneficial Owners holding shares in electronic form are hereby informed that Bank particulars registered against their respective depository account will be used by the Bank for payment of dividend. The Bank or its Share Transfer Agent can not act on any request received directly from the shareholders holding shares in electronic form for any change of bank particulars or bank mandate. Such changes are to be advised only to their Depository Participant.

b. Shareholders holding shares in physical form are requested to advise any change of address, bank details immediately to the Bank’s Share Transfer Agent, i.e. Link Intime India Pvt. Ltd. Shareholders holding shares in electronic form must send the advice about change in address, bank details to their respective Depository Participant only and not to the Bank or Bank’s Share Transfer Agent.

c. Shareholders are requested to invariably quote their respective folio number/s (for those holding shares in physical form) and their respective DP ID / Client ID number (for those holding shares in electronic form) in any correspondence with the Bank or Bank’s Registrar and Share Transfer Agent.

7. UNPAID/UNCLAIMED DIVIDEND, IF ANY

The shareholders who have not encashed their dividend warrants for the previous years are requested to approach the Banks’ Share Transfer Agent at aforesaid address or at Banks’ Shares Cell at Head Office, 21- Rajendra Place, New Delhi-110008.

8. CONSOLIDATION OF FOLIOS:

The shareholders, who are holding shares in identical order of names in more than one folio, are requested to intimate to Link Intime India Pvt. Ltd. (RTA), the ledger folio of such accounts together with the share certificate(s) to enable the Bank to consolidate all the holdings into one folio. The share certificate(s) will be returned to the Shareholders after making necessary endorsement in due course.

9. REQUEST TO SHAREHOLDERS:

Shareholders / Proxy holders / Authorised Representatives are requested to bring their copies of the Annual Report to the Annual General Meeting. No copy of the Annual report shall be provided at the venue of the Annual General Meeting.

10. VOTING RIGHTS OF SHAREHOLDERS:

In terms of the provisions of Section 3 (2E) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 no shareholder of the Bank, other than the Central Government shall be entitled to exercise voting rights in respect of any shares held by him / her in excess of ten per cent of the total voting rights of all the shareholders of the Bank.

The Bank is offering e-voting facility for agenda items to all shareholders. The Cut-off date for eligibility to e-vote/vote at AGM is 22.06.2015. The e-voting period shall commence on 26.06.2015 from 10.00 a.m. and end on 28.06.2015 up to 5.00 p.m. beyond which shareholders cannot e-vote. Details for log-in ID, password, procedure is annexed.

iatkc ,.M fla/ cSad


ftu 'ks;j/kkjdksa us bZ&oksV fd;k gS okf"kZd lkekU; cSBd esa Hkkx ys ldrs gSa fdarq iksy esa Hkkx ugha ys ldrsA ;fn mUgksaus iksy ds ek/;e ls oksV fd;k rks ml ij fopkj ugha fd;k tk,xkA

'ks;j d{k

'ks;j/kkjdksa dks rhoz ,oa çHkkoh lsok çnku djus ds fy, cSad us ç/kku dk;kZy; esa 'ks;j d{k dh LFkkiuk dh gSA 'ks;j?kkjd fuEu irs ij fdlh çdkj dh lgk;rk ds fy, laidZ dj ldrs gSa&

daiuh lfpo]

iatkc ,.M fla/k cSad]

ç/kku dk;kZy;] ys[kk ,oa ys[kk ijh{kk foHkkx ¼'ks;j d{k½

21&jktsUæ Iysl] izFke ry] ubZ fnYyh&110008

VsfyQksu % 011&25782926] 25812922

bZ&esy : [email protected]

vU; tkudkjh

'ks;j/kkjd —i;k tku ysa fd lHkk esa fdlh Hkh çdkj dk migkj@migkj dwiu ugha fn;k tk,xkA

dM+h lqj{kk ds dkj.kksa ls gky ds Hkhrj czhQ dsl] [kk| inkFkZ rFkk futh oLrq,a ys tkuk euk gSA blfy, cSBd esa mifLFkr gksus okys lHkh O;fä vius lkeku dh lqj{kk dh O;oLFkk Lo;a djsaA

funs'kd eaMy ds vkns'kkuqlkj

LFkku % ubZ fnYyh tfrUnjchj flagfnukad % 15 ebZ] 2015 v/;{k ,oa Áca/k funs'kd

Punjab & Sind Bank


The shareholders who have e-voted can participate in the AGM but cannot participate in poll. Incase they vote through poll, the same will not be considered.

SHARES CELL

In order to facilitate quick and efficient service to the shareholders, the Bank has set up a Shares cell at its Head Office, New Delhi, Shareholders may contact this Cell at the under mentioned address for any assistance :

The Company Secretary,

Punjab & Sind Bank,

Head Office, Shares Cell, Accounts & Audit Department,

21 Rajendra Place, 1st floor, New Delhi-110008

Telephone : 011-25782926, 25812922

E-mail : [email protected]

OTHER INFORMATION

Shareholders may kindly note that no gift/gift coupons will be distributed at the meeting. Due to strict security reasons, brief cases, eatables and other belongings are not allowed inside the hall. Persons attending the meeting are, therefore, advised to make their own arrangements for the safe keeping of their articles.

By Order of the Board of Directors


iatkc ,.M fla/ cSad


bZ&oksfVaxiatkc ,.M fla/k cSad dh i‚apoha okf"kZd lkekU; cSBd ds fy, bZ&oksfVax

daiuh ¼çca/ku vkSj ç'kklu½ fu;e 2014 ds vuqlkj] cSad i‚apoha okf"kZd lkekU; cSBd esa vius 'ks;j/kkjdksa dks lhMh,l,y ds ek/;e ls bZ&oksfVax dh lqfo/kk çnku djsxkA

lnL;ksa gsrq bySDVªksfud fof/k ls oksfVax gsrq funsZ'k fuEukuqlkj gSa % &

¼i½ fnukad 26-06-2015 dks çkr% 10 cts ernku vof/k tkjh gksxh vkSj fnukad 28-06-2015 dks lk;adky 5-00 cts lekIr gks tk,xhA bl vof/k ds nkSjku cSad dk 'ks;j/kkjd ftlds ikl vafre frfFk 22-06-2015 dks 'ks;j HkkSfrd :i esa vFkok vHkkSfrd :i esa gSa] viuk ernku bZySDVª‚fud :i ls dj ldrk gSA mlds ckn lh,lMh,y }kjk ernku çfØ;k jksd nh tk,xhA

¼ii½ 'ks;j/kkjdksa dks bZ-oksfVax lkbZV www.evotingindia.com ij ernku gsrq y‚x v‚u djuk pkfg,A¼iii½ 'ks;j/kkjd ij fDyd djsaA¼iv½ vc viuk ;wtj ikloMZ çfo"V djsaA d- lh,lMhy gsrq & 16 vadksa dh fgrkf/kdkjh vkbZMhA[k- ,u,lMh,y gsrq & 8 Lo:i dh Mhih vkbZMh ds ckn 8 vadksa dh xzkgd vkbZMhAx- HkkSfrd :i esa 'ks;j /kkjd viuh iath—r Qksfy;ksa la[;k çfo"V djsaA¼v½ n'kkZ;h xbZ bZest dks çfo"V djsa vkSj y‚xbu ij fDyd djsaA¼vi½ ;fn vkids ikl 'ks;j vHkkSfrd :i esa gSa vkSj vkius www.evotingindia.com ij y‚xv‚u dj fn;k gS vkSj iwoZ esa fdlh daiuh

gsrq ernku dj fn;k gS rks viuk orZeku ikloMZ dk ç;ksx djsaA

¼vii½ ;fn vki çFke okj ernku dj jgs gSa rks fuEu fn, x, dneksa dk vuqlj.k djs%

MhesV :i rFkk HkkSfrd :i esa 'ks;j/kkjdksa gsrq

iSu vk;dj foHkkx }kjk tkjh viuk 10 vadksa dk vYQk&U;wesfjd iSu çfo"V djsa ¼;g MhesV 'ks;j/kkjdksa vkSj HkkSfrd 'ks;j/kkjdksa nksuksa ds fy, ykxw gS½

tUe&frfFk

MhesV [kkrs esa ;k daiuh ds MhesV [kkrs ds fjd‚MZ ds vuqlkj ;k Qksfy;ks esa fnu@ekg@o"kZ :i esa viuh tUefrfFk çfo"V djsaA

ykHkka'k cSad fooj.k

MhesV [kkrs esa ;k daiuh ds MhesV [kkrs@ Qksfy;ks esa ntZ fjd‚MZ ds vuqlkj viuk ykHkka'k cSad fooj.k çfo"V djsaA

Û —i;k tUefrfFk ;k ykHkk¡'k cSad fooj.k y‚xbu djus gsrq djsaA ;fn fooj.k fMi‚ftVjh ;k daiuh ds ikl iath—r ugh gSa rks —i;k ykHkka'k cSad fooj.k QhYM esa lnL; vkbZMh@Qksfy;ksa la[;k tSlk fd ¼iv½ esa mYysf[kr gS] çfo"V djsaA

¼viii½ bu fooj.kksa dks çfo"V djus ds i'pkRk~] "SUBMIT" Vsc ij fDyd djsaA

¼ix½ lnL; ftuds ikl HkkSfrd #i esa 'ks;j gSa] lh/ks lsysD'ku LØhu ij lh/ks igq¡p ldrs gSaA tcfd lnL; ftuds ikl MhesV #i esa 'ks;j gSa ÞikloMZ fØ,'ku fodYiß esa igq¡psaxs tgk¡ muds }kjk y‚fxu ikloMZ] u, ikloMZ LFkku esa cny dj nsuk vko';d gSA —i;k /;kuiwoZd uksV djsa fd ;g ikloMZ] MhesV /kkjdksa }kjk] fdlh Hkh daiuh] ftlesa og oksV nsus ds fy, leFkZ gS] tcfd og daiuh ftlesa CDSL }kjk bZ&oksfVax djokrh gks] ç;ksx fd;k tk ldrk gSA vkidks xaHkhjrk ls lykg nh tkrh gS fd viuk ikloMZ fdlh vU; O;fä dks u crk,a rFkk vius ikloMZ dks xksiuh; j[ksaA

¼x½ lnL; ftuds ikl 'ks;j HkkSfrd :i esa gSa] fooj.k dk dsoy mi;ksx bl uksfVl esa bZ&ernku gsrq fn, x, elkSns esa fd;k tk ldrk gSA

¼xi½ iatkc ,.M fla/k cSad gsrq "EVSN" ij fDyd djsa ftldks vki ernku djuk pkgrs gSaA

¼xii½ oksfVax i`"B ij vki fjtksY;w'ku fooj.k ds le{k gk¡@ugha dk fodYi] oksfVax ds fy, ns[ksaxsA vko';d gk¡ vFkok ugha] fodYi dk pquko djsaA gk¡ dk fodYi] çLrko ds çfr vkidh lgefr lwfpr djrk gS rFkk ugha dk fodYi] çLrko ds çfr vkidh vlgefr lwfpr djrk gSA

Punjab & Sind Bank


E-VotingE-Voting for the Fifth Annual General Meeting of Punjab & Sind Bank

In terms of Rule 20 of Companies (Management and Administration) Rules, 2014, Bank shall provide facility of e-Voting, through CDSL, to the shareholders for the Fifth AGM.

The instructions for shareholders voting electronically are as under:

(i) The voting period begins on 26.06.2015 at 10.00 a.m. and ends on 28.06.2015 at 5.00 p.m. During this period sharehold-ers’ of the Bank, holding shares either in physical form or in dematerialized form, as on the cut-off date 22.06.2015, may cast their vote electronically. The e-voting module shall be disabled by CDSL for voting thereafter.

(ii) The shareholders should log on to the e-voting website www.evotingindia.com.(iii) Click on Shareholders.(iv) Now Enter your User ID a. For CDSL: 16 digits beneficiary ID, b. For NSDL: 8 Character DP ID followed by 8 Digits Client ID, c. Members holding shares in Physical Form should enter Folio Number registered.(v) Next enter the Image Verification as displayed and Click on Login.(vi) If you are holding shares in demat form and had logged on to www.evotingindia.com and voted on an earlier voting of

any company, then your existing password is to be used. (vii) If you are a first time user, follow the steps given below:

For Members holding shares in Demat Form and Physical FormPAN Enter your 10 digit alpha-numeric PAN issued by Income Tax Department (Applicable for both demat share-

holders as well as physical shareholders)

DOB Enter the Date of Birth as recorded in your demat account or in the company records for the said demat account or folio in dd/mm/yyyy format.

Dividend Bank Details

Enter the Dividend Bank Details as recorded in your demat account or in the company records for the said demat account or folio.

• Please enter the DOB or Dividend Bank Details in order to login. If the details are not recorded with the depository or company please enter the member id / folio number in the Dividend Bank details field as mentioned in instruction (iv).

(viii) After entering these details appropriately, click on “SUBMIT” tab.

(ix) Members holding shares in physical form will then directly reach the Company selection screen. However, members holding shares in demat form will now reach ‘Password Creation’ menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password is to be also used by the demat holders for voting for resolutions of any other company on which they are eligible to vote, provided that company opts for e-voting through CDSL platform. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.

(x) For Members holding shares in physical form, the details can be used only for e-voting on the resolutions contained in this Notice.

(xi) Click on the EVSN for Punjab & Sind Bank on which you choose to vote.

(xii) On the voting page, you will see “RESOLUTION DESCRIPTION” and against the same the option “YES/NO” for voting. Select the option YES or NO as desired. The option YES implies that you assent to the Resolution and option NO implies that you dissent to the Resolution.

iatkc ,.M fla/ cSad


¼xiii½ ;fn vki lHkh çLrkoksa dks ns[kuk pkgrs gSa rc ÞfjtksY;w'ku Qkby fyadß dks fDyd djsaA

¼xiv½ oksV djus ds çLrko dks pquus ds i'pkr SUBMIT ij fDyd djsa A ,d iqf"V c‚Dl ogk¡ fn[ksxk] ;fn vki iqf"V djuk pkgrs gSa rks "OK" ij fDyd djsa vkSj ;fn viuk oksV cnyuk pkgrs gSa rks CANCEL ij fDyd djsa vkSj blçdkj vki viuk oksV cny ldrs gSaA

¼xv½ ;fn vki çLrko ij ,d ckj viuk oksV dj nsrs gSa rc vkidks mls cnyus dh vuqefr ugha gksxhA

¼xvi½ vki vius }kjk fd, x, ernku dk fçaV Hkh ernku i`"B ij ÞfçaV ysus gsrq ;gk fDyd djsaß ij fDyd dj ys ldrs gSaA

¼xvii½ ;fn MhesV [kkrk/kkjd viuk ifjofrZr ikloMZ Hkwy x;k gS rc ;wtj vkbZMh vkSj bZest LR;ku dksM dks çfo"V djsa vkSj Hkwys gq, ikloMZ ij fDyd djsa rFkk ç.kkyh }kjk ekaxs x, fooj.k dks çfo"V djsaA

¼xviii½ voS;fäd 'ks;j/kkjd rFkk vfHkj{kdksa gsrq uksV

Û voS;fäd 'ks;j/kkjd ¼tSls oS;fäd ls vyx] fganw la;qä ifjokj] ,uvkjvkbZ vkfn½ vkSj vfHkj{kdksa dks www.evotingindia.com y‚xbu djuk gksxk vkSj d‚iksZjsV ds :i esa Lo;a dks iath—r djkuk gksxkA

Û iathdj.k dh LdSu d‚ih ftl ij laLFkk dh eksgj rFkk gLrk{kj gksus pkfg,] dks [email protected] ij bZ&esy dj nsuk pkfg,A

Û y‚xbu fooj.k çkIr gksus ds ckn admin y‚xbu vkSj ikloMZ dk mi;ksx dj vuqikyu ;wtj fØ,V dj ysuk pkfg,A vuqikyu ;wtj [kkrk¼vksa½ dks fyad djus es leFkZ gksxk ftlds fy, oks ernku djuk pkgrs gSaA

Û lHkh [kkrksa dh lwph [email protected] dks esy dj nsuh pkfg, vkSj [kkrksa dh Loh—fr çkIr gksus ds ckn] oks ernku djus esa leFkZ gksaxsA

Û vfHkj{kd ds i{k esa muds }kjk tkjh i‚oj v‚Q vVkuhZ vkSj cksMZ ladYi dh LdSuM çfr] ;fn dksbZ gS] dks ihMh,Q çk:i esa ç.kkyh esa viyksM djuk pkfg, rkfd Nkuchu djus okyk mldks lR;kfir dj ldsA

¼xix½ O;fä;ksa ftUgksaus 'ks;j [kjhns gSa vkSj uksfVl dks çsf"kr djus ds ckn Hkh bZ&oksfVax gsrq mijksä çfØ;k viuk ldrs gSaA

uksV% fdlh Hkh lnL; ds ikl oksV nsus dk ,d gh fodYi gS ;k rks og Hkksfrd :i ls ernku djs ;k bZ&oksfVax djsA ;fn dksbZ lnL; bZ&oksfVax dk fodfYi pqurk gS] rks og fQj Hkksfrd ernku ugha dj ldsxkA ;|fi dksbZ lnL; Hkksfrd :i ls rFkk bZ&oksfVax }kjk oksV djrk gS rks ,slh fLFkfr esa bZ&oksfVax }kjk fd;k x;k er ekU; gksxk vkSj HkkSfrd ernku ij /;ku ugha fn;k tk,xk ;k utjvankt fd;k tk,xkA ;|fi ftl 'ks;j/kkjd us us bZ&oksfVax ds ek/;e ls viuk oksV fn;k gS og lkekU; cSBd esa lgHkkfxrk dj ldrk gS fdarq iksy esa oksV ugha dj ldrkA

Jh jes'k dqekj dksNM+ dks] daiuh lsØsVjh ¼lhoh ua- 10818½ dks bySDVª‚fud oksfVax çfØ;k ds fy, vads{kd fu;qäd fd;k x;k gS] tks i{k ;k foi{k esa Mkys x, oksVksa dh fjiksVZ rS;kj djsaxs rFkk bls cSBd laiUu~ gksus ds rhu fnuksa ds Hkhrj v/;{k] okf"kZd lkekU; cSBd dks lacaf/kr fjiksVZ çLrqr djsaxsA

?kksf"kr ifj.kke ds lkFk vads{kd dh fjiksVZ dks cSad dh osclkbV rFkk lhMh,l,y dh osclkbV ij v/;{k }kjk ifj.kke dh ?kks"k.kk ds rqjar ckn Mky fn;k tk,xkA

i;kZIr oksV dh çkfIr ij ladYi dks okf"kZd lkekU; cSBd ds fnu ikfjr ekuk tk,xkA

cSBd dh lwpuk www.psbindia.com ij Hkh çnf'kZr gSA

;fn bZ&oksfVax ds lanHkZ esa vkidk dksbZ ç'u vFkok ftKklk gS rks ckj&ckj iwNs tkus okys ¼"FAQs"½ ij tk,a rFkk lgk;rk vuqHkkx ds varxZr [email protected] ij bZ&oksfVax esuqvy miyC/k gS ;k [email protected] dks bZ&esy djsa ;k Jh osuflly‚l QqjVsMks (Wenceslaus Furtado)] fMIVh çca/kd] CDSL, 16oka ekyk] ih-ts- V‚oj] nyky LVªhV] QksVZ] eqEcbZ&400001] nwjHkk"k ua- 18002005533 ;k Jh Hkkjr Hkw"k.k] ,lksf'k,V mik/;{k] fyad bZuVkbe çk- bafM;k fyfeVsM] 44] dE;wfuVh lsaVj] f}rh; ry] ujk;.kk vkS|ksfxd {ks=] Qst&1] ubZ fnYyh&28 nwjHkk"k ua- 011&41410592]41410593 ;k [email protected] dks bZ&esy djsaA

Punjab & Sind Bank


(xiii) Click on the “RESOLUTIONS FILE LINK” if you wish to view the entire Resolution details.

(xiv) After selecting the resolution you have decided to vote on, click on “SUBMIT”. A confirmation box will be displayed. If you wish to confirm your vote, click on “OK”, else to change your vote, click on “CANCEL” and accordingly modify your vote.

(xv) Once you “CONFIRM” your vote on the resolution, you will not be allowed to modify your vote.

(xvi) You can also take out print of the voting done by you by clicking on “Click here to print” option on the Voting page.

(xvii) If Demat account holder has forgotten the changed password then Enter the User ID and the image verification code and click on Forgot Password & enter the details as prompted by the system.

(xviii) Note for Non – Individual Shareholders and Custodians

• Non-Individual shareholders (i.e. other than Individuals, HUF, NRI etc.) and Custodian are required to log on to www.evotingindia.com and register themselves as Corporates.

• A scanned copy of the Registration Form bearing the stamp and sign of the entity should be emailed to [email protected].

• After receiving the login details a compliance user should be created using the admin login and password. The Compliance user would be able to link account(s) for which they wish to vote on.

• The list of accounts should be mailed to [email protected] and on approval of the accounts they would be able to cast their vote.

• A scanned copy of the Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, should be uploaded in PDF format in the system for the scrutinizer to verify the same.

(xix) Person who have acquired shares and become members after despatch of notice may also use the above given procedure for remote e-voting.

Note: In case member(s) cast their vote both via Physical Ballot and e-voting, then voting done through e-voting shall prevail and voting done by Physical Ballot will be ignored. However, shareholder(s) who have casted their vote through e-voting can participate in General Meeting but cannot vote in poll.

Mr. Ramesh Kumar Kochar, Practicing Company Secretary (CP No. 10818) has been appointed as the Scrutinizer to the electronic voting process and for poll at the Annual General Meeting, who shall prepare and submit its report of the votes cast in favour or not in favour/ against, to the Chairman of the Annual General Meeting within 3 days of the conclusion of the meeting;

The results declared along with the Scrutinizer’s report shall be placed on the website of the Bank and on the website of CDSL immediately after the result is declared by the Chairman;

Subject to receipt of the sufficient votes, the resolution(s) shall be deemed to be passed on the date of the Annual Gen-eral Meeting;

Notice of the meeting is also displayed at www.psbindia.com and www.cdslindia.com.

In case you have any queries or issues regarding e-voting, you may refer the Frequently Asked Questions (“FAQs”) and e-voting manual available at www.evotingindia.com under help section or write an email to [email protected] or call Mr. Wenceslaus Furtado, Deputy Manager, CDSL, 16th floor, P.J Tower, Dalal Street, Fort, Mumbai-400001, Phone-18002005533 or Call Mr. Bharat Bhushan, Associate Vice President, Link Intime India Pvt. Ltd, 44-Community Centre, 2nd floor, Naraina Indl Area, Phase-I, New Delhi-28 Phone-41410592, 41410593 or write an email to [email protected].

iatkc ,.M fla/ cSad


funs'kd eaMy fjiksVZ 2014&15

funs'kd eaMy fnukad 31 ekpZ] 2015 dks lekIr o"kZ dh okf"kZd fjiksVZ] rqyu&i= rFkk ykHk&gkfu [kkrs dks g"kZ ds lkFk çLrqr djrk gSA

vkfFkZd ifj–';%

tSls fd 2011 esa dqy tux.kuk ntZ dh xbZ] ftldh Hkfo";ok.kh dh xbZ Fkh] dh rqyuk esa ns'k dh dqy tula[;k 1-21 vjc FkksM+h vf/kd gSA ysfdu tula[;k o`f) nj esa 1991 ls 2001 dh 1-97 çfr'kr rFkk 2001 vkSj 2011 ds e/; çfr o"kZ 1-64 çfr'kr gS] esa deh vkbZ gSA Hkkjrh; fjt+oZ cSad us vkadyu fd;k gS fd Hkkjrh; vFkZO;oLFkk dh VªsUM@Hkkoh o`f) nj tksfd o"kZ 2011&12 ls 2013&14 ds nkSjku vkSlru 5-3 çfr'kr jgh] mlds ckn uhps fxjrh jgh vkSj orZeku esa 4-7 çfr'kr gSA

vius o`f) nj ds bfrgkl rFkk dk;Zfu"iknu dks /;ku esa j[krs gq, ;kfu lalkj dh rqyuk esa] ge fuf'pr :i esa dg ldrs gSa fd Hkkjrh; vFkZO;oLFkk esa 9 çfr'kr ;k vf/kd o`f) dh laHkkouk gSA bl fy,] orZeku esa ge viuh laHkkouk ls de o`f) dj jgs gSa vkSj blds foijhr mRikndrk varj dks can dj jgs gSa ¼vFkkZr~ okLrfod o`f) ?kVk laHkkO; o`f)½] gekjh mPpre çkFkfedrk gksuh pkfg,A vxyh çkFkfedrk laHkkO; o`f) dk ekxZ gksuk pkfg,A ;|fi] gekjh vFkZO;oLFkk ds lEeq[k dqN cqfu;knh leL;k,a gSa vkSj Hkkjr ljdkj] Hkkjrh; fjt+oZ cSad vkSj vU; lacaf/kr vfHkdj.k miØe mipkjkRed mik; dj jgs gSaA

2014&15 gsrq esfM;u us thMhih ds 4-4% foÙkh; ?kkVs dh Hkfo";ok.kh dh ftldks 4-1% ls 5-5% dh lwpukRed {ks= esa crk;kA orZeku esa varfje ctV esa ?kks"k.kk vuqlkj vuqekfur 4-1% ls FkksM+h vf/kd gSA vkfFkZd lgk;rk fcy vf/kd gksus dh laHkkouk ls foÙkh; ?kkVs dk gksuk okLrfod gSA

;|fi] 2013 ds var esa 6% fcanqvksa dh egxkbZ nj esa deh gksus ds dkj.k vFkZO;oLFkk esa lq/kkj vk;k gS vkSj djaV [kkrs ds tek esa thMhih ds 6-7% ds mPp Lrj esa deh vkbZ tksfd o"kZ 2014&15 esa 1% dh vuqekfur gSA fons'kh eqæk ds çokg ls #i, esa fLFkjrk vkbZ gS vkSj Hkkjr ljdkj] Hkkjrh; fjt+oZ cSad vkSj vU; lacaf/kr vfHkdj.k miØe ds mik;ksa ls 12 frekgh dh fxjkoV ds ckn okLrfod thMhih esa 2013&14 ls 7-2% dh o`f) gks jgh gSA

vxys foÙkh; o"kZ esa —f"k {ks= esa 3-3% dh o`f) dh vk'kk gSA ;kstukdrkZ vis{kk djrs gSa fd o"kZ 2014&15 esa m|ksx {ks= ds vanj 3-3% dh Hkkoh o`f) ds lkFk Økarh vk,xhA vkS|ksfxd o`f) dk 1-8% ¼U;wure½ ls 4-4% ¼vf/kdre½ ds chp dk vkadyu gSA tc fd o"kZ 2014&15 esa lsok {ks= ds dk;Zfu"iknu esa 7-0% dh o`f) nj cuh jgus dh laHkkouk gSA

foÙkh; o"kZ& 2015 esa frekgh o`f) esa lq/kkj dh vk'kk gSA vkS|ksfxd {ks= esa vPNk dk;Z&fu"iknu fn[kkbZ fn;k gS] lsok {ks= ds dk;Z&fu"iknu esa Hkh e/;e o`f) dh vk'kk gSA

vkfFkZd {ks=%

● eqæk uhfr esa ljyrk ykbZ xbZ gS] ifj.kke Lo:i] lhihvkbZ eqækLQhfr ifj;kstuk o"kZ ds var rd 5 çfr'kr ij gS]

● eqækLQhfr dks 6% ls de j[kus ds fy, Hkk-fj-cSad ds lkFk ekSfæd uhfr lajpuk le>kSrk fd;k x;k gSA

● o"kZ 2015&16 esa thMhih dh o`f) dks 8 ls 8-5% ds chp j[kus dh ifj;kstuk gSA

● rnuqlkj] 3-0% ds foÙkh; ?kkVk y{; vkxkeh 2 o"kZ dh vis{kk 3 o"kksaZ esa çkIr dj fy;k tk,xkA o"kZ 2015&16] 2016&17 o 2017&18 esa foÙkh; ?kkVk y{; Øe'k: 3-9%] 3-5%] 3-0% j[kk x;k gSA

cSad pqukSfr;ksa dk lkeuk cM+s lkgl ls dj jgk gS ijarq vkfLr xq.koÙkk iwjs o"kZ esa cSad ds fy, ,d xaHkhj eqík cuk jgk rFkk tek ds mPp ewY;] de vk; rFkk de dqy C;kt ekftZu lfgr ykHkçnrk ij çHkko cuk gqvk gSA

dk;Z&fu"iknu ifj.kke

dqy O;kikj

fnukad 31-03-2014 dks cSad ds #- 142588 djksM+ dh rqyuk esa o"kZ 31-03-2015 dh lekfIr ij cSad ds dqy O;kikj esa 6-26% dh o`f) ntZ dh xbZ tksfd #- 151511 jgkA

ykHk

foÙkh; o"kZ 2013&14 ds nkSjku #- 300-63 djksM+ dh rqyuk esa cSad us o"kZ 2014&15 ds nkSjku #-121-35 djksM+ dk 'kq) ykHk ntZ fd;kA o"kZ 2013&14 ds 0-35% dh rqyuk esa vkfLr;ksa ij çfrQy 0-13% jgkA

Punjab & Sind Bank


DIRECTORS’ REPORT 2014-15The Board of Directors have pleasure in presenting Annual Report of the Bank along with the Balance Sheet & Profit and Loss Account for the year ended 31st March, 2015.

ECONOMIC OUTLOOK The country’s total population, as recorded in Census 2011, at 1.21 billion, is slightly more than what was forecast. But the population growth rate has decelerated from 1.97 per cent per annum between1991 and 2001, to 1.64 per cent per annum between 2001 and 2011. Reserve Bank of India estimates that the trend/potential growth rate of the Indian economy, which averaged around 5.3 per cent during 2011-12 to 2013-14, dipped gradually thereafter and presently stands at about 4.7 per cent.

Looking at our growth history and our performance vis-à-vis the rest of the World, we can definitely say that the Indian economy has the potential to grow at 9 per cent and above. Therefore, we are currently growing below our potential and closing this negative output gap (i.e., actual growth minus potential growth) should be our highest priority. The next priority would be to raise the potential growth path. However, there are some fundamental problems facing our economy and Government, RBI and other concerned agencies undertaking corrective measures.

The median forecast for fiscal deficit as a percent of GDP for 2014-15 was put at 4.4%, with an indicative range of 4.1% to 5.5%. This is slightly higher than the 4.1% estimate announced recently in the interim budget. The possibility of subsidy bill overshooting leading to a fiscal slippage remains real.

However, the State of economy has improved with decline in inflation by over 6% points since late 2013 and downfalls of current account deficit from a peak of 6.7% of GDP (in Q3 2013) to an estimated 1% in 2014-15.Foreign portfolio flows have stabilized the rupee and with the Government, RBI and other concerned agencies undertaking number of measures real GDP has been growing at 7.2% since 2013-14 after a newly 12 quarter phase of declaration.

Agriculture sector is expected to grow by 3.3% in the next fiscal year. Respondents expect the industry sector to recoup, with a projected growth of 3.3% in 2014-15. The industrial growth estimate ranges between 1.8% (minimum) and 4.4% (maximum). Meanwhile, service sector performance is expected to remain consistent with a growth rate of 7.0% in 2014-15.

The quarterly growth is expected to improve in FY15. Industrial sector is likely to see a better performance, the performance of services sector is also expected moderate growth.

State of Economy:● CPI inflation projected at 5% by the end of the year, consequently, easing of monetary policy.

● Monetary Policy Framework Agreement with RBI, to keep inflation below 6%.

● GDP growth in 2015-16, projected to be between 8 to 8.5%.

● Accordingly, journey for fiscal deficit target of 3% will be achieved in next 3 years rather than 2 years. The fiscal deficit targets are 3.9%, 3.5% and 3.0% in FY 2015-16, 2016-17 & 2017-18 respectively.

Bank faced the challenges bravely but still throughout the year, asset quality remained a serious cause of concern for the bank and there has been pressure on the profitability with high cost of deposit, low income and lower Net Interest Margin.

WORKING RESULTS

TOTAL BUSINESSDuring the year ended 31.03.2015, total Business of the Bank recorded an increase of 6.26% at Rs.151511 crore as compared to Rs.142588 crore as on 31.03.2014.

PROFITThe Bank recorded a Net Profit of Rs.121.35 crore for the year 2014-15 as compared to that at Rs.300.63 crore during the FY 2013-14. The Return on Assets (ROA) stood at 0.13% as compared to that at 0.35% in the year 2013-14.

iatkc ,.M fla/ cSad


31 ekpZ] 2015 d¨ LkekIr o"kZ ds ifj.kke a dh Áeq[k ckrsajkf”k yk[kksa esa

LkekIr o"kZ Áfr'kr esa ifjorZu31-03-2015 31-03-2014

C;kt dh vk; 858855 797271 7-72vU; vk; 42875 42728 0-34dqy vk; 901730 83999 7-35dqy O;; 824185 759945 8-45ifjpkyu ykHk 77545 80055 ¼3-14½

'kq) ykHk 12135 30063 ¼59-63½vkfLr;ksa ij çfrQy 0-13% 0-35% &&&'kq) C;kt ekftZu ¼,u-vkbZ-,e-½ 1-80% 1-88% &&&ldy vutZd vkfLr;ka % 4-76% 4-41% &&&&'kq) vutZd % 3-55% 3-35% &&&iwath i;kZIrrk vuqikr ¼%½ ¼c‚ly II½ 11-88% 12-10% &&&iwath i;kZIrrk vuqikr ¼%½ ¼c‚ly III½ 11-24% 11-04% &&&çfr 'ks;j vk; ¼#-½ 3-59 10-69 &&&

iwath ,oa vkjf{kfr;k¡

lsch vkbZ-lh-Mh-vkj- vf/kfu;e ds varxZr Hkkjrh; fjt+oZ cSad@foÙk&ea=ky; ls vko';d vuqeksnu çkIr djus ds i'pkr~ cSad us o"kZ ds nkSjku #- 10@& çfr 'ks;j ds vuqlkj 3]04]36]252 bZDoVh 'ks;jksa dks Hkkjrh; thou chek fuxe dks #- 59-14 çfr 'ks;j dh fu.khZr nj ij vf/keku fuxZe vk/kkj ij tkjh fd;k gSA

lsch vkbZ-lh-Mh-vkj- vf/kfu;e ds varxZr Hkkjrh; fjt+oZ cSad@foÙk ea=ky; ls vko';d vuqeksnu çkIr djus ds i'pkr~ cSad us Hkkjr ljdkj }kjk /kkfjr #- 200 djksM+ ds csfe;knh xSj lap;h vf/keku 'ks;j ¼ih,ulhih,l½] #- 200 djksM+ ds csfe;knh lap;h vf/keku 'ks;j ¼ihlhih,l½] rFkk #- 160 djksM+ ds uoksUes"kh csfe;knh _.k fyf[kr ¼vkbZihMhvkbZ½ dks fofues; dj #- 10@& vafdr ewY; ds 9]46]90]563 bfDoVh 'ks;jksa dks vf/keku vk/kkj ij tkjh ,oa vkcafVr fd;kA

rnuqlkj] cSad dh bZDoVh 'ks;j iwath #- 125-13 djksM+ ls c<+ dj #- 400-41 djksM+ gks xbZ vkSj 'ks;j çhfe;e esa #- 614-06 djksM+ ¼çkIr 'ks;j çhfe;e #-614-87 djksM+ ?kVk 'ks;j fuxZe O;; #- 0-81 djksM+½ ls c<+ dj #- 1318-04 djksM+ gks xbZA

fnukad 31-03-2014 dks cSad dh fuoy ekfy;r #- 4180-40 djksM+ ls c<+ dj fnukad 31-03-2015 dks #-4811-56 djksM+ gks xbZA

fnukad 31-03-2015 dks cSad dk iwath i;kZIrrk vuqikr ¼c‚ly III½ 11-24% gS tksfd fu/kkZfjr U;wure iwath i;kZIrrk vuqikr 9% ds fo#) gSA

xSj&tekurh çfrns; ckaM% ¼Vh;j&II dh iwath gsrq xkS.k _.k½

o"kZ ds nkSjku] cSad us #- 40-00 djksM+ ds Vh;j II ckaM dk Hkqxrku fd;k ftlds dkj.k fnukad 31-03-2015 dks Vh;j II ckaM dk dqy cdk;k #- 1]325-00 djksM+ FkkA

tek o`f)

cSad dh dqy tek jkf'k;ksa esa 31 ekpZ] 2015 dks 2-34% dh o`f) gqbZ ftlls #- 1984-55 djksM+ dh lao`f) ds lkFk ;g #- 86714-71 djksM+ gks xbZ tksfd fnukad 31-03-2014 dks #- 84730-16 djksM+ FkhA fnukad 31-03-2015 dks cSad dh vkSlr tek ykxr 8-21% jgk tksfd foxr o"kZ 8-22% FkkA

vfxze

fnukad 31-03-2015 dks cSad ds dqy vfxze 11-99% dh o`f) ds lkFk #- 57857-74 djksM+ jgs tksfd fnukad 31-03-2014 dks #- 57857-74 djksM+ FksA fnukad 31-03-2015 ds vuqlkj vfxzeksa ij vkSlr çfrQy 11-12% jgk tksfd foxr o"kZ 11-34% FkkA

Punjab & Sind Bank


HIGHLIGHTS OF RESULTS FOR THE YEAR ENDED 31ST MARCH 2015 (Rs in Lac)

Year Ended %age change31.03.2015 31.03.2014

Interest Income 858855 797271 7.72Other Income 42875 42728 0.34Total Income 901730 839999 7.35Total Expenditure 824185 759945 8.45Operating profit 77545 80054 (3.14)Net Profit 12135 30063 (59.63)ROA 0.13% 0.35% ---Net Interest Margin (NIM) 1.80% 1.88% ---Gross NPA 4.76% 4.41% ---Net NPA 3.55% 3.35% ---Capital Adequacy Ratio(Basel II) 11.88% 12.10% ---Capital Adequacy Ratio (Basel III) 11.24% 11.04% ---EPS (Rs.) 3.59 10.69 ---

CAPITAL & RESERVEDuring the year, the Bank has issued 3,04,36,252 Equity Shares of Rs.10/- each to Life Insurance Corporation of India by way of Preferential Issue at a price of Rs.59.14 per share determined as per SEBI ICDR Regulation after taking necessary approval from RBI/ MOF.

Perpetual Non Cumulative Preference Shares (PNCPS) of Rs.200 crore, Perpetual Cumulative Preference Shares (PCPS) of Rs.200 crore and Innovative Perpetual Debt Instruments (IPDI) of Rs.160 crore held by Government of India have been converted into 9,46,90,563 Equity Shares of Rs.10/- each by way of Preferential Issue at a price of Rs.59.14 per share determined as per SEBI ICDR Regulation after taking necessary approval from RBI/ MOF.

Accordingly, the Equity Share Capital of the Bank has increased by Rs.125.13 crore to Rs.400.41 crore and Share Premium has increased by Rs.614.06 crore (Share Premium Received Rs.614.87 crore minus Share Issue Expenses Rs.0.81 crore) to Rs.1318.04 crore.

The Net Worth of the Bank has improved from Rs.4180.40 crore as on 31.03.2014 to Rs.4811.56 crore as on 31.03.2015.

The Capital Adequacy Ratio (Basel III) of the Bank is 11.24% as on 31.03.2015 against the minimum stipulated requirement of 9%

UNSECURED REDEEMABLE BONDS: (Subordinated Debts for Tier –II Capital)During the Year, the Bank has redeemed Tier II Bonds of Rs.40.00 crore. Thereby, total outstanding of Tier II Bonds was Rs.1325.00 crore.

DEPOSIT GROWTH The total deposit of the Bank registered a growth of 2.34% with Net accretion of Rs.1984.55 crore to reach at Rs.86714.71 crore as on March 31, 2015 from Rs.84730.16 crore as on March 31, 2014. The average cost of deposit of the bank stood at 8.21% as compared to 8.22% in previous year.

ADVANCESThe Bank’s Advances increased by 11.99% from Rs.57857.74 crore as on 31.03.2014 to Rs.64796.42 crore as on 31.03.2015. The average yield on Advances stood at 11.12% as on 31.03.2015 compared to 11.34% during the last year.

iatkc ,.M fla/ cSad


çkFkfedrk {ks= vfxze

cSad us jk"Vªh; çkFkfedrkvksa ds fofHkUu y{;ksa ftuesa —f"k] lw{e ,oa y?kq m|e] vkokl] f'k{kk] detksj oxksaZ] vuqlwfpr tkfr@vuqlwfpr tutkfr rFkk vYila[;d leqnk;ksa gsrq lw{e&_.k 'kkfey gSa dks iwoZ dh Hkkafr tkjh j[kk gSA

cSad ds çkFkfedrk {ks= vfxze esa #- 2554 djksM+ dh o`f) gqbZ tks fd 31-03-2014 ds #-17680 djksM+ ls c<+dj 31-03-2015 dks #- 20234 djksM+ gks x,A bl çdkj blesa okf"kZd vk/kkj ij 14-45 çfr'kr dh o`f) gqbZA

fo'ks"k —f"k&_.k ;kstuk ¼,l,lhih½

cSad us foÙk&o"kZ 2014&15 esa fo'ks"k —f"k&_.k ;kstuk ¼,l,lhih½ ds vUrxZr fu/kkZfjr y{; #- 8290 djksM+ dk 104% #- 8654 djksM+ dk laforj.k djrs gq, y{; çkIr fd;kA

#i, fdlku MsfcV dkMZ

o"kZ 2014&15 ds nkSjku cSad us fnukad 31-03-2015 rd 160563 dslhlh /kkjdksa dks ,Vh,e lefFkZr #i, fdlku MsfcV dkMZ tkjh fd, rFkk 99-38% ik= ØsfMV dkMZ /kkjdksa dks doj fd;k x;kA

vYila[;d leqnk; fgr

fu/kkZfjr vYila[;d leqnk;ksa dks #- 7658-59 djksM+ ds vfxze vkacfVr fd, x, rFkk ;g çkFkfedrk {ks= dks dqy vfxze ds fu/kkZfjr Lrj 15% ds fo#) 37-85% gSA

vkfFkZd :i ls detksj oxksZa dks vfxze

detksj oxZ lewgksa dks vfxze #- 5857 djksM+-FksA ,,uchlh }kjk detksj oxksaZ dks fu/kkZfjr 10% dk y{; çkIr fd;kA

u, vk;ke

bZysDVª‚fud fMyojh pSuy esa vf/kd çlkj djus gsrq o"kZ 2014&15 esa cSad us 260 u, ,-Vh-,e- LFkkfir fd, gSaA fnukad 31-03-2014 ds 1008 ,-Vh-,e- dh rqyuk esa fnukad 31-03-2015 dks cSad ds dqy ,-Vh-,e- 1268 gSaA

cSad us ,-Vh-,e esa f}Hkk"kh jlhn dh fçfVax dks ykxw dj fn;k gSA

cSad us iwjs ns'k esa 8 cSad uksV Lohdkj djus dh e'khu dks b&y‚fc;ksa esa LFkkfir fd;k gSA

cSad us 360 dSisDl ,-Vh-,e- esa ns[kus esa vleFkZ ¼ckrphr djus dh lqfo/kk ds lkFk½ gsrq l‚Y;w'ku dks ykxw fd;k gSA 'ks"k ,-Vh-,e- esa bls ykxw djus dh çfØ;k esa gSA

iatkc jkT; esa fey ekfydksa gsrq feyj dkMZ tkjh fd;k gSA ¼dqy 316 dkMZ tkjh fd, x,½

#i, MsfcV dkMZ ls v‚uykbu [kjhnus ds fy, cSad esa #i, b&dkelZ ykxw fd;k gSA

cSad us o"kZ 2014&15 ds nkSjku 126 ubZ 'kk[kk,a [kksyh gSaA ftuesa ls 59 'kk[kk,a foÙkh; lekos'ku ds varxZr [kksyh xbZ gSaA

o;kso`) xzkgdksa dh lqfo/kk gsrq cSad us ^^o`)tu fo'ks"k lEeku ;kstuk** dh 'kq#vkr dh gSA

çkFkfedrk {ks= vfxze ij bZ&cqd dk ladyu vkSj çdk'ku fd;k x;kA

dk;Z{ks= dfeZ;ksa gsrq nLrkost+hdj.k lfgr ,e,lbZ cqdysV tkjh dh xbZA

d`f"k {ks= esa _.k dks c<+kok nsus gsrq ubZ ih,lch fdlku lqfo/kk ;kstuk pykbZ xbZA

fQusdy ds ek/;e ls Qly _.k ij ç.kkyh tfur C;kt vkfFkZd lgk;rk dk;kZfUor dh xbZA

29 ,e,l,ebZ fo'ks"k 'kk[kkvksa dh la[;k esa o`f) gsrq 22 lkekU; 'kk[kkvksa dks ,e,lbZ fo'ks"k 'kk[kk Js.kh esa oxhZ—r fd;k x;kA bl çdkj] bu 'kk[kkvksa dh la[;k 51 gks xbZA

rhu vkjlsVh esa ls nks cSad ds vius u, ifjlj esa LFkkukUrfjr gks x,A

Punjab & Sind Bank


PRIORITY SECTOR ADVANCES

Bank continues to accord top priority to varied goals under national priorities, including Agriculture, Micro & Small Enterprises, Housing, Education, Micro-credit, Weaker sections, SC/STs and Minority communities

Priority Sector advances of the Bank increased by Rs. 2554 Crore (14.45%) from Rs.17680 Crore as on 31.3.2014 to Rs. 20234 Crore as on 31.3.2015.

SPECIAL AGRICULTURE CREDIT PLAN (SACP)Bank has disbursed Rs. 8654 crore under Special Agriculture Credit Plan (SACP) achieving 104% of target of Rs 8290 Crore for the financial year 2014-15.

RUPAY KISAN DEBIT CARDS

During the year 2014-15, the bank issued ATM enabled ‘RuPay Kisan Debit Cards’ to 160563 KCC holders covering 99.38% of eligible KCC holders till 31.03.2015.

WELFARE OF MINIORITY COMMUNITYAdvances to specified minority communities aggregated to Rs.7658.59 crore accounting for 37.85% of the total priority sector advances against the stipulated target of 15%.

ADVANCES TO ECONOMICALLY WEAKER SECTIONBank’s advances to weaker section aggregated to Rs. 5857 crore, achieved target of 10% of ANBC.

NEW INITIATIVES

To widen the spread of Electronic Delivery Channels, the Bank has installed 260 new ATMs during the year 2014-15. Total number of ATMs of the Bank as on 31.03.2015 is thus 1268 as compared to 1008 as on 31.03.2014

Bank has implemented bilingual receipt printing (Hindi & English) in ATMs

Bank has installed 8 Bunched Note Acceptor machines in e-lobbies across the Country.

Bank has implemented solution for Visually Impaired (Talking facility) in 360 Capex ATMs. Implementation of the same in the remaining Capex ATMs is under process.

Introduced Miller Card for Millers of Punjab State. (Total of 316 cards were issued).

Implemented RuPay e-commcerce in the Bank for online purchases through Rupay Debit Card.

Bank has opened 126 new branches during the year 2014-15. Out of these, 59 branches have been opened under Financial Inclusion.

To facilitate the aging customers, the Bank has launched a scheme “VRIDHJAN VISHESH SAMMAN YOJNA”.

E-Book on Priority Sector Lending compiled and published.

MSE Booklet including documentation issued for field functionaries.

Bank introduced new scheme “PSB Kisan Suvidha Scheme” for boosting Term Lending to agriculture sector.

The system generated Interest Subvention on Crop Loan implemented through Finacle.

In addition to existing 29 specialized MSME branches, 22 more general branches have been categorized as specialized MSME branch, taking the total to 51.

Out of three, two RSETIs moved in newly constructed Bank’s own premises.

iatkc ,.M fla/ cSad


_.k fuxjkuh

Hkkjrh; fjt+oZ cSad@Hkkjr ljdkj }kjk fn, x, funsZ'kksa ds vuqlkj gh _.k fuxjkuh foHkkx _.k vkfLr iksVZQksfy;ks dks fn'kk&funsZ'k ns jgk gS ftlls fd d‚iksZjsV fctusl Iyku dks cuk, j[kk tk ldsA

mPp ewY; [kkrksa dh lgh rFkk çHkko'kkyh fuxjkuh gsrq rFkk u;h pwd fxjkoV ij fu;a=.k j[kus ds fy, o"kZ 2013 esa fu;a=.k d{k LFkkfir fd;k x;k tksfd rc gh ls ç/kku dk;kZy; Lrj ds mPp ewY; [kkrksa dh fuxjkuh djrk gSA fuxjkuh dks vkSj vf/kd etcwr cukus ds fy,] vkapfyd dk;kZy; Lrj ij Hkh vyx ls fu;a=.k d{k cuk, x, tksfd #i, 5-00 yk[k ls #i, 50-00 yk[k rd ds lHkh ekud m/kkj [kkrksa dh fuxjkuh djsxkA

_.k mR—"Vrk dks pwd rFkk gkfu ls cpk, j[kus ds fy, O;fäxr cSafdax rFkk lhMhvkj ds varxZr vkus okys _.k vkfLr;ksa dks tksfd vFkZO;oLFkk esa fxjkoV ls ncko esa gks vkSj ftUgsa foÙkh; lgk;rk dh vko';drk gks] dks le;kuqlkj uohuhdj.k djus dk mÙkjnkf;Ro fy;k tkrk gSA

mijksä ds ifjf'k"V esa cSad ds }kjk c<kok nsus ds fy, fofHkUu uhfr;k¡ cukbZ x;h gSa ftlds }kjk vU; ckrksa ds lkFk ncko esa vk;h vkfLr;ksa ds iquthZou ds fy, vFkZO;oLFkk esa foÙkh; ladV ls iwoZ esa gh fucVku rFkk mckjus ds fy, ra= dks dk;kZfUor djuk] Loh—r çLrko ds fy, Rofjr dne mBkuk rFkk _.knkrk ds fy, vPNh olwyh] yphyh lajpuk ds }kjk iqufoZÙk laca/kh funsZ'k nsuk] ,sls m/kkjdrkZ tks fd vlg;ksxh m/kkjdrkZ gSa mudk oxhZdj.k djuk rFkk lwpuk nsuk vkfn gSA

ç/kkuea=h tu&/ku ;kstuk

28 vxLr 2014 dks ç/kkuea=h }kjk ç/kkuea=h tu&/ku ;kstuk dk jk"Vªh; Lrj ij yksdkiZ.k&,d fe'ku ds :i es lkjxfHkZr foÙkh; lekos'ku Iyku ftlds varxZr fnukad 26-01-2015 rd le;c) rjhds ls] 'kr&çfr'kr] NksVs&ls&NksVs O;fä dk cSad esa [kkrk [kqyuk lqfuf'pr djuk gSA ç/kkuea=h tu&/ku ;kstuk] Hkkjr ljdkj dh ,d loksZR—"V ifj;kstuk gS] ftlesa ekuuh; ç/kkuea=h ds Lrj ij] çR;sd O;fä dks bl ifj;kstuk esa lfEefyr djus gsrq gekjs cSad dks ] ,d ifjokj esa de ls de ,d [kkrk [kksyus ds fy, fu;r fd;k x;k gSA fnukad 26-01-2015 rd] lHkh ifjokjksa dh igq¡p] muds ?kj ds ik¡p fdyksehVj dh lhek esa cSafdax lsok,a çkIr djus ds fy,] gksuh pkfg,A

orZeku ç/kkuea=h tu&/ku ;kstuk esa fiyj 1 Qsl tksfd fnukad 16-08-2014 ls 26-01-2015 rd gS] esa fuEufyf[kr lfEefyr gSa %• cSafdax lqfo/kkvksa rd oSf'od igq¡p• foÙkh; lk{kjrk ;kstuk• vk/kkjHkwr cSafdax [kkrk fo/kku • ekbØks chek

fiyj 2 esa fuEufyf[kr lfEefyr gSa&• vfu;ksftr lsDVj isa'ku ;kstuk,a tSls fd vVy isa'ku ;kstuk• ekbØks ØsfMV miyfC/k ¼#i, 5000-00 dh vksojMªk¶V lqfo/kk½

mR—"Vrk vokMZ&

fnukad 25-02-2015 dks ç/kkuea=h tu&/ku ;kstuk ds ekinaMksa dks iwjk djus ij] cSad us mR—"Vrk vokMZ çkIr fd;kA ;g vokMZ ekuuh; dsUæh; ea=h Jh dyjkt feJk }kjk fn;k x;kA

ç/kkuea=h tu&/ku ;kstuk ds varxZr gekjs cSad us çxfr dh gS tks bl çdkj gS %

• lHkh 961 ,l,l, rFkk 535 okMksaZ esa losZ{k.k iw.kZ gks x;k gSA

• losZ{k.k ds vuqlkj lHkh ifjokj] ,d ifjokj esa ,d [kkrk [kksyus dh ;kstuk esa lfEefyr gks x, gSA

• cSad esa fnukad 15-08-2014 ls fnukad 31-03-2015 rd ç/kkuea=h tu&/ku ;kstuk ds varxZr 12-39 yk[k [kkrs [kksys x, gSa rFkk mUgsa 12-03 yk[k #i, dkMZ tkjh fd, gSA

• cSad bu lHkh [kkrksa esa vk/kkj tksM+ jgk gS rFkk vc rd ç/kkuea=h tu&/ku ;kstuk ds varxZr 6-13 yk[k ¼49 çfr'kr½ [kkrksa es vk/kkj tksM+ fn;k x;k gSA

• cSad lHkh [kkrk /kkjdksa dks iklcqd tkjh dj jgk gS rFkk vc rd 11-70 yk[k ¼94-5 çfr'kr½ iklcqd xzkgdksa dks tkjh dj nh xbZ gSaA

• cSad us 383 cSad fe=ksa dh lQyrkiwoZd fu;qfä dh gS] ftUgsa fo'ks"k :i ls xk¡oksa es dk;Z djus ds fy, ihvks,l e'khusa nh xbZ gSaA fnukad 31-03-2015 rd ihvks,l e'khuksa ds }kjk cSad fe=ksa us lQyrkiwoZd yxHkx 0-62 yk[k ukekadu rFkk 1-22 yk[k ysu&nsu fd, gSaA

Punjab & Sind Bank


CREDIT MONITORING Credit Monitoring Department continues to give direction to its Loan Assets portfolio so that it is in conformity with Corporate Business Plan , in line with RBI/Government of India directions.

For proper and effective monitoring of High value acccounts and to check fresh slippages, the Control Room set up in the year 2013, has since stabilised and monitoring high value accounts at HO level. To further strengthen the monitoring, seperate Control Rooms have now been set up at Zonal Offices level to monitor all standard borrowal accounts from Rs. 5.00 lac upto Rs. 50.00 lac .

Timely restructuring of loan assets, which were under stress due to economic downturn and required financial support under Sole Banking as well as CDR, has also been undertaken, to prevent slippage and impairment in credit quality.

In order to suppliment the aforesaid, various policy related initiatives have also been taken by the Bank which inter-alia include implimentation of Framework for Revitalising Distressed Assets in the Economy for Early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for lenders, guidelines on refinance by way of flexible structuring/ take-out financing, Classification and reporting of borrower as non-cooperative borrower etc.

PRADHAN MANTRI JAN DHAN YOJNAPM launched “Pradhan Mantri Jan Dhan Yojna (PMJDY) on 28th August 2014 nation wide - a comprehensive Financial Inclusion Plan on Mission Mode and fixed time lines were set for 100% coverage of SSAs and opening of accounts upto 26.01.2015. PMJDY is a flagship project of Government of India and it has been decided at the level of Hon’ble Prime Minister to cover every habitation in SSA’s allotted to our Bank by opening of atleast one bank account per household. All the households should have access to Banking services within 5 km area by 26th January 2015.

The present PMJDY scheme cover following in Pillar 1 phase from 16.08.2014 to 26.01.2015

• Universal access to banking facilities• Financial Literacy Programme• Providing Basic Banking account• Micro InsuranceIn Pillar 2 following will be covered• Unorganized sector pension schemes like ‘Atal Pension Scheme’• Micro Credit availability (Overdraft facility of Rs.5000/.)

Excellence Award:-Bank has won an Excellence Award for Achievement in PMJDY parameters on 25.03.2015. The Award was given by Shri Kalraj Mishra, Union Cabinet Minister (MSME) .

Bank is making a good progress under PMJDY as under:-

• Survey in all 961 SSAs and 535 Wards is completed

• All households as per Survey report have since been covered by opening at least one account per household.

• Bank has opened nearly 12.39 lac accounts under PMJDY and issued 12.03 lac RuPay cards to them from 15.08.2014 to 31.03.2015.

• Bank is also doing Aadhaar seeding in these accounts and as on 31.03.2015, 6.13 lac (49%) accounts are Aadhaar seeded under PMJDY

• Bank is issuing passbooks to account holders and as on 31.03.2015, 11.70 lac (94.5%) passbooks have been issued to the customers.

• Bank has successfully appointed its own 383 BCAs, provided them with PoS machines to work exclusively in the villages. Nearly 0.62 lac enrollments have been done through PoS machines and about 1.22 lac transactions have been done successfully by BCAs, upto 31.03.2015.

iatkc ,.M fla/ cSad


• ,-bZ-ih-,l- ¼vk/kkj vk/kkfjr Hkqxrku ;kstuk½] ihvks,l e'khuksa ij dk;kZfUor dj nh xbZ gS rFkk #i, dkMZ dk ihvks,l e'khuksa ij ç;ksx Hkh çpyu esa gks] ;g dk;Z çfØ;k esa gSA

• ç/kkuea=h tu&/ku ;kstuk ds [kkrksa esa çkIr fn'kk&funsZ'kksa ds vuqlkj cSad #i, 5000-00 dh vksojMªk¶V lqfo/kk ds dk;kZUo;u dh çfØ;k dj jgk gSA

• vk/kkj vk/kkfjr rFkk [kkrk vk/kkfjr] nksuksa gh çdkj ds [kkrks esa lfClMh Hkqxrku dh çR;{k çkfIrA

• fnukad 15-11-2014 ls DBTL esa dqy 20-54 yk[k çfo"V;k¡ rFkk dqy #- 71-46 djksM+ cSad dks izkIr gq, gSaA

[kqnjk foi.ku

cSad us [kqnjk _.k dks loksZPp çkFkfedrk nsrs gq,] mls Þfu'kß {ks= ?kksf"kr fd;k gSA [kqnjk _.k [kaM ds varxZr mRiknksa dks çfrLi/khZ cktkj ds vuqdwy cukus ds fy, 800 [kqnjk _.k dSail ds vk;kstu lfgr foi.ku ds fy, fof'k"V mik; fd, x, gSaA

blds vfrfjä]vkokl _.k] v‚Vks _.k rFkk miHkksäk _.k] m/kkjdrkZvksa ds fy, ÞQsfLVoy cksukUt+k Ldheßdk 'kqHkkjaHk fd;k x;kA o"kZ ds nkSjku fo'ks"k :i ls ;qok LVkQ ds fy, ,d u;k [kqnjk _.k mRikn ftldk uke Þih,lch QSfeyh c‚f.Max Ldheß gS] dk Hkh vkjaHk fd;k x;kA

bl o"kZ ds nkSjku [kqnjk _.kksa esa loksZPp çn'kZu djus okyksa ds fy, ,d çksRlkgu ;kstuk Hkh çkjaHk dh xbZA

fiNys o"kZ dh rqyuk esa] bl o"kZ ds nkSjku [kqnjk _.k ds laforj.k esa 52 çfr'kr o`f) ntZ dh xbZA

fnukad 31-03-2015 dks [kqnjk _.k] ldy vfxzeksa dk 25 çfr'kr FkkA

lkFk gh cSad us fofHkUu fodkl çkf/kdj.kksa tSls fd MhMh,] iqMk] xekMk vkfn esa] c;kuk jkf'k dks Qkbusal djus dh ;kstuk esa Hkkxhnkjh dh rFkk mRlkgo/kZd ifj.kke çkIr fd,A

vkfLr xq.koÙkk

cSad us vutZd vkfLr;ksa ij fu;a=.k ds fy, vusd ç;kl fd, gSa rFkk fof/kd lk/kuksa ,oa ckrphr ij vk/kkfjr le>kSrksa lfgr olwyh ds lHkh miyC/k lk/kuksa dk ç;ksx fd;k gSA cSad us foÙkh; vkfLr;ksa dk çfrHkwfrdj.k vkSj iquxZBu rFkk çfrHkwfr fgr dk çorZu vf/kfu;e] 2002 ds çko/kkuksa dk çHkkoh :i ls ç;ksx fd;k gSA cSad us bl foÙkh; o"kZ esa fofHkUu dsaæksa ij olwyh dSEiksa dk vk;kstu fd;kA o"kZ ds nkSjku cSad dh olwyh çca/ku ;kstuk ds vfrfjä xSj&fu"ikfnr [kkrksa ds —f"k {ks= ds varxZr vutZd vkfLr;ksa ds fuiVku gsrq rFkk vlqjf{kr rduhdh cês&[kkrksa ds fuiVku gsrq nks vYikof/k ;kstukvksa dk fu:i.k fd;k x;kA lHkh 1371 ekeyksa dk #-97-42 esa fuiVku gqvkA

o"kZ ds nkSjku xSj&fu"ikfnr [kkrksa esa cSad dh olwyh vPNh jghA olwyh ds fy, fd, x, vFkd rFkk dsfUær ç;klksa ds QyLo:i #- 832-52 djksM+ dh rduhdh cêk [kkrksa esa olwyh lfgr dqy #- 73-21 djksM+ #-dh olwyh dh tk ldhA

cSad u, xSj&fu"ikfnr [kkrksa esa c<+ksrjh dks jksdus esa lQy jgk gS ftlds ifj.kkeLo:i dqy rFkk fuoy ,uih, fnukad 31-03-2014 ds 2553-52 djksM+ :i, rFkk 1110-38 djksM+ #i, dh vis{kk #- 3082-19 djksM+ rFkk #-2266 djksM+ jgkA

31-03-2015 dks xSj&fu"ikfnr vkfLr;ksa dh ldy ,oa fuoy fLFkfr fiNys o"kZ dh rqyuk esa fuEukuqlkj gS &¼jkf'k djksM+ esa½

,uih, 31-03-2014 dh fLFkfr vuqLkkj 31-03-2015 dh fLFkfr vuqLkkjldy 2553-52 4-41% 3082-19 4-76%fuoy 1918-60 3-35% 2266-00 3-55%

fnukad 31-03-2015 dks cSad dk çko/kku lqj{kk vuqikr ¼rduhdh cêk [kkrksa lfgr½ 46-81% jgkA

fuos'k çca/ku rFkk fons'kh fofue;

3103-2015 dks cSad dh d‚jiksjsV {ks= dh vko';drk] tksf[ke laxzg ,oa fuos'k uhfr ds vuq:i fuos'k&lwph ljapuk lfgr cSad dk ldy fuos'k :- 26791-69 djksM+ FkkA

ljdkjh çfrHkwfr;ksa rFkk xSj lkafof/kd pyfuf/k vuqikr esa O;kikfjd xfrfof/k;ksa ds dkj.k çfrHkwfr foØ; ls ykHk ekpZ 2014 dks lekIr o"kZ ds #i, 125-37 ls c<+dj 31-03-2015 dks lekIr o"kZ esa #i;s 133-66 djksM+ x;kA

o"kZ 2014&15 esa fons'kh eqæk varj.k esa fofue; ykHk #- 26-51 djksM+ jgk ¼fons'kh eqæk dks"k½

Punjab & Sind Bank


• AEPS (Aadhaar Enabled Payment System) has already been implemented on PoS machines and the Bank is in the process of implementing RuPay card inter-operability on the PoS machines.

• Now the Bank is in the process of implementing Overdraft facility of Rs.5000/- in PMJDY accounts, as per the guidelines.

• Directly receiving subsidies/payments (including DBTL) into the account based on both Aadhaar number and account.

• In DBTL, Bank has received a total number of 20.54 lac entries w.e.f. 15.11.2014 and total amount received is Rs. 71.46 crore.

RETAIL MARKETINGThe Bank accorded top priority to Retail Lending and declared it as ‘Niche’ area, the products under the Retail Lending segment have been customized to be competitive in the market, undertook specific marketing initiatives including organization of more than 800 Retail Lending Camps.

Further, Festival Bonanza Scheme was launched for Housing Loan, Auto Loan and Consumer Loan borrowers. A new Retail Lending product exclusively for younger staff of the Bank named “PSB Family Bonding Scheme” was launched during the year.

An incentive scheme for the top performers in Retail Lending in the field was also launched during the year.

The growth in fresh Retail disbursement lending was above 52% over previous year.

Retail Lending Outstanding grew at the rate of 25% over previous Year.

Further, the Bank participated in the booking schemes launched by various Development Authorities viz. DDA, PUDA, GMADA for financing of the earnest money and received an encouraging response.

ASSETS QUALITYThe Bank continued to make concerted efforts to contain NPAs and has used all available tools of recovery including negotiations, settlements and legal means. The provisions of “The Securitization & Reconstruction of Financial Assets & Enforcement of Security Interest Act -2002” were used effectively. The Bank also organized Recovery Camps during the year at various centers. During the year, two short term schemes for settlement of NPAs were formulated under Agriculture Sector and unsecured T.W.O. accounts apart from Bank’s Recovery Management Policy. In all 1371 cases were settled at Rs. 97.42 crore.

The performance of the Bank under recovery of NPAs during the year continued to be good. The aggressive and focused efforts could result in the total recovery of over Rs. 832.52 crore including recovery of Rs. 73.21 crore in Technically Written Off Accounts.

Bank has been able to contain fresh slippage. As a result our gross NPAs and net NPAs as on 31.03.2015 have been contained at Rs. 3082.19 crore and Rs. 2266.00 crore respectively against Rs. 2553.52 crore and Rs. 1918.60 crore as on 31.03.2014.

The position of Gross and Net NPAs as on 31.03.2015 vis-à-vis previous year is as under;(Rs. in crore)

NPA As on 31.03.2014 As on 31.03.2015Gross 2553.52 4.41 % 3082.19 4.76% Net 1918.60 3.35 % 2266.00 3.55%

The Provision Coverage Ratio of the Bank (including T.W.O.A/cs), as on 31.03.2015 stood at 46.81 %

INVESTMENT & FOREIGN EXCHANGEThe Bank’s total gross investment as on 31.03.2015 was Rs 26791.69 Crore, with a portfolio composition consistent with the corporate requirement, risk perception, and investment policy of the Bank.

The profit on sale of securities for the year has increased from Rs. 125.37 crore for year ended March 2014 to Rs. 133.66 crore for the year ended 31.03.2015 on account of trading activities in G-sec and Non SLR securities.

Exchange profit in Forex transactions for the year 2014-15 was Rs 26.51 crore (forex treasury).

iatkc ,.M fla/ cSad


tksf[ke çca/ku

cSad us ;g lqfuf'pr djus ds fy, fd mlds tksf[ke] ifjHkkf"kr tksf[ke {kerk ds Hkhrj gSa vkSj mudh i;kZIr :i ls fuxjkuh dh tkrh gS] ,d lq–<+ ,dh—r tksf[ke çca/ku ç.kkyh dks dk;Z:i fn;k gSA cSad esa tksf[ke {kerk rFkk çHkkoh tksf[ke çca/ku dk;e djus dk laiw.kZ mÙkjnkf;Ro cSad ds funs'kd eaMy ,oa cSad ds 'kh"kZLFk çca/ku ij gSA

fuEufyf[kr 'kh"kZLFk lfefr;ksa ds ek/;e ls tksf[ke çca/ku fd;k tkrk gS %

1- tksf[ke çca/ku lfefr ¼vkj,elh½ ,d cksMZ Lrjh; lfefrA

2- _.k tksf[ke çca/ku lfefr ¼lhvkj,elh½

3- vkfLr ,oa ns;rk,a çca/ku lfefr¼,,ylhvks½

4- lapkyxr tksf[ke çca/ku lfefr¼vksvkj,elh½

5- cktkj tksf[ke çca/ku lfefr ¼,evkj,elh½

6- vkbZlh,,ih ds vuqlkj iwathxr ;kstuk lfefr

;s lfefr;k¡ tksf[ke çca/ku lfefr ¼vkj,elh½@funs'kd eaMy }kjk vuqeksfnr lE;d ekxZn'khZ funsZ'kksa rFkk uhfr;ksa dh ifjf/k esa viuk dke djrh gSA

uhfr&ra=

cSad ds le{k tksf[keksa dk ekiu] çca/ku ,oa fu;a=.k djus ds fy, cSad us funs'kd eaMy }kjk vuqeksfnr uhfr;k¡ rFkk dk;Zfof/k;k¡ cukbZ gSaA

cSad ds leLr çdkj ds tksf[ke ds fo'ys"k.k djus ds mís'; ls ,dh—r tksf[ke çca/ku uhfr rS;kj dh xbZ gSA vU; egRoiw.kZ tksf[ke uhfr;ksa esa vkfLr ns;rk çca/ku ¼,,y,e½ uhfr] _.k tksf[ke çca/ku uhfr] cktkj _.k çca/ku uhfr] ifjpkyuxr tksf[ke çca/ku ¼vksvkj,e½ uhfr] O;olk; fujarjrk ;kstuk ¼chlhih½ o vkink m)kj çca/ku ¼Mhvkj,e½ uhfr] LVªsl VsfLVax uhfr] _.k tksf[ke de djus laca/kh rduhdksa dh ç;ksx uhfr rFkk laikf'kZ~od çca/ku] vkarfjd iwath i;kZIrrk fu/kkZj.k çfØ;k ¼vkbZ,lhlhih½A tksf[ke çca/ku lfefr/cksMZ ds }kjk okf"kZd vk/kkj ij uhfr;ksa dh leh{kk dh tkrh gSA

cSad dk csly&II ds lkFk vuqikyu

Hkkjrh; fjt+oZ cSad ds fofu;ked fn'kk&funsZ'kksa ds vuqlkj cSad us 31-03-2009 dh çHkkoh frfFk ls u, iwath i;kZIrrk ÝseodZ dks viuk;k gSA csly&II ds vk/kkj ij cSad us iwath çHkkj dh lax.kuk ds fy, _.k tksf[ke gsrq ekud –f"Vdks.k] cktkj tksf[ke gsrq :ikarfjr vof/k –f"Vdks.k rFkk ifjpkyuxr tksf[ke gsrq ewy ladsrd –f"Vdks.k dks viuk;k gSA cSad us csly&II ds fn'kk&funsZ'kksa dks dk;kZfUor fd;k gS vkSj lhvkj,vkj dh lax.kuk 'kq# dh gS rFkk ;g twu] 2013 ls çHkkoh gSA cSad ds funs'kd eaMy }kjk lhvkj,vkj dh frekgh vk/kkj ij leh{kk dh tkrh gSA cSad Hkkjrh; fjt+oZ cSad ds funsZ'kkuqlkj csly&II ds varxZr mUur –f"Vdks.k dh vksj vxzlj gksus ds fy, rS;kj gSA csly&II ds mUur –f"Vdks.k dh vksj vxzlj gksus rFkk csly&III ds fn'kk&funsZ'kksa ds dk;kZUo;u gsrq cSad esa foLr`r ladyu tksf[ke çca/ku m|e çfØ;k ¼bZvkbZvkj,e,l½ dh LFkkiuk gsrq ,d ijke'kZnkrk dh fu;qfä dh xbZ gSA

vkbZ-lh-,-,-ih-uhfr

csly&II o csly&III & fiyj 2& i;Zos{k.kh; leh{kk ,oa ewY;kadu çfØ;k ¼,lvkjbZih½ fo"k;d] Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuqikyu esa ;g lqfuf'pr djus ds fy, fd iwath vko';drk dk ewY;kadu] cSad ds vkdkj] tfVyrk dk Lrj] tksf[ke çksQkby rFkk lapkyu dh ifjf/k ds vuq:i gS] vkarfjd iwath i;kZIrrk ewY;kadu çfØ;k ¼vkbZlh,,ih½ uhfr rS;kj dh xbZ gSA fofHkUu vof'k"V tksf[keksa dk fu/kkZj.k fd;k tkrk gS rFkk tgk¡ visf{kr gks ogk¡ vfrfjDr iw¡th miyC/k djkbZ tkrh gSA orZeku rFkk vuqekfur foÙkh;&iwathxr fLFkfr ds fo'ys"k.k rFkk xqatkb'k ds vk/kkj ij cSad dh iw¡thxr i;kZIrrk dk fu/kkZj.k fd;k tkrk gSA

fofHkUu LVªsl ifjfLFkfr;ksa ls gksus okys laHkkfor çHkkoksa dk cSad dh ykHkçnrk dh {kerk ds lanHkZ esa vk?kkr lgu djus rFkk cSad dh iw¡th ij blds ijorhZ çHkko ds ewY;kadu ds fy, LVªsl VSLV vH;kl Hkh fd;k tkrk gSA vkbZlh,,ih ifj.kke frekgh vk/kkj ij rS;kj fd;k tkrk gS rFkk tksf[ke çc/ku lfefr ¼vkj,elh½ }kjk bldh leh{kk dh tkrh gSA

çdVhdj.k

csly&II o csly&III] fiyj& 3& ^cktkj vuq'kklu* fo"k;d] Hkkjrh; fjt+oZ cSad ds ekxZn'khZ funsZ'kksa ds vuqikyu esa cSad ds funs'kd&eaMy }kjk fof/kor~ vuqeksfnr çdVhdj.k uhfr ykxw dh xbZ gS vkSj bl uhfr ds vuqlkj frekgh@Nekgh@okf"kZd vk/kkj ij bUgsa cSad dh osclkbV@okf"kZd fjiksVZ esa çnf'kZr fd;k tkrk gSA

Punjab & Sind Bank


RISK MANAGEMENTThe Bank has put in place a robust and integrated Risk Management system to ensure that the risks assumed by it are within the defined risk appetites and are adequately monitored. The overall responsibility of setting the Bank’s risk appetite and effective risk management rests with the Board and apex level management of the Bank.

Risk is managed through following Apex committees viz.

1. Risk Management Committee (RMC)- a Board level subcommittee

2. Credit Risk Management Committee (CRMC)

3. Asset and Liabilities Management Committee (ALCO)

4. Operational Risk Management Committee (ORMC)

5. Market Risk Management Committee (MRMC) and

6. Capital Planning Committee as per ICAAP

These committees work within the overall guidelines and policies approved by the Risk Management Committee (RMC) / Board.

POLICY FRAMEWORKThe Bank has Board approved policies and procedures in place to measure, manage and control various risks that the Bank is exposed to.

Integrated Risk Management Policy has been formulated with the objective of analyzing the overall risk profile of the bank and to integrate all the risks of the Bank. The other important risk policies comprise of Asset-Liability Management (ALM) Policy, Credit Risk Management Policy, Market Risk Management Policy, Operational Risk Management (ORM) Policy, Business Continuity Planning (BCP) & Disaster Recovery Management (DRM) Policy, Stress Testing Policy, Policy on Utilization of Credit Risk Mitigation Techniques & Collateral Management, ICAAP Policy. The policies are reviewed annually by the RMC / Board.

BANK’S COMPLIANCE WITH BASEL-IIIn terms of Regulatory Guidelines of Reserve Bank of India, the Bank has adopted the New Capital Adequacy Framework w.e.f. 31.03.2009. Based on Basel II norms, the Bank has adopted Standardized Approach for Credit Risk, Modified Duration approach for Market Risk and Basic Indicator approach for Operational Risk for computing the capital charge. The Bank has also implemented Basel III Guidelines and has started computing CRAR w.e.f. June 2013. The CRAR position of the Bank is reviewed by the Board on quarterly basis. Bank has geared up for moving towards advanced approaches under BASEL II as suggested by RBI. Bank has also appointed a Consultant for setting up Enterprise Wide Integrated Risk Management System (EIRMS) in the Bank for moving to Advance approaches of Basel II and implementation of Basel III Guidelines.

ICAAP POLICYIn compliance with the Reserve Bank of India guidelines on Basel II & Basel III – Pillar 2- Supervisory Review and Evaluation Process (SREP), the Internal Capital Adequacy Assessment Process (ICAAP) Policy has been formulated to assess the capital requirement commensurate with the size, level of complexity, risk profile and scope of operations of the Bank. Various residual risks are assessed and additional capital is provided for wherever required. The capital adequacy of the Bank is assessed based on the analysis of current and projected financial/capital position as well as the headroom available.

Stress Testing exercises are also undertaken to assess the likely impact of various stress situations in relation to capacity of Bank’s profitability to absorb the shock and consequent impact on Bank’s capital. The ICAAP outcome is prepared on half yearly basis and is reviewed by RMC.

DISCLOSURE:In compliance with the Reserve Bank of India guidelines on Basel II & Basel III – Pillar 3 – Market Discipline, the Bank has put in place a Disclosure Policy duly approved by the Board and the disclosures on quarterly / Half yearly / Annual basis, as per the policy, are displayed on the Bank’s Website / Annual Report.

iatkc ,.M fla/ cSad


_.k tksf[ke

_.k&tksf[ke çca/ku çfØ;kvksa esa bldh igpku] vkdkj] _.k&dkjksckj ij fuxjkuh o fu;a=.k 'kkfey gSaA _.k&tksf[ke çca/ku lfefr ¼lhvkj,elh½ }kjk _.k&tksf[ke rFkk uhfr&fuekZ.k dk çca/ku fd;k tkrk gSA bl lfefr }kjk m|ksx] d‚iksZjsV] [kqnjk rFkk O;fä@lewg _.kdrkZvksa dh foosdiw.kZ lhekvksa dh fuxjkuh fu;fer :i ls dh tkrh gSA

,d O;kid _.k jsfVax ÝseodZ] ftls _.k jsfVax tksf[ke e‚Myksa dks d‚iksZjsV rFkk [kqnjk _.kksa ds fy, tksf[ke fu/kkZj.k ls lacaf/kr _.kksa dk ewY;kadu rFkk _.k jsfVax ds fy,] m|ksxksa@iksVZQksfy;ks dk v/;;u ,oa fo'ys"k.k ds fy, vkSj _.k jsfVax ds mRçoklksa ds fy, ç;ksx fd;k tk jgk gSA

csly&II ds ekunaMksa ds fo"k; esa ifjpkyu Lrj ij tkx:drk QSykbZ tkrh gS rFkk iw¡th ds vuqdwy ç;ksx rFkk laj{k.k ds y{; dks çkIr djus ds fy, bls fujarj :i ls c<+k;k tkrk gSA

cktkj tksf[ke

C;kt&njksa rFkk eqæk&njksa esa ifjorZu ds QyLo:i cSad dk iksVZQksfy;ks cktkj tksf[ke ls çHkkfor gksrk gSA

vkfLr ns;rk lfefr ¼,,ylhvks½ cktkj tksf[ke ls lacaf/kr dke&dkt dh fuxjkuh djrh gSA cSad us fofHkUu cktkj tksf[ke ekiu& ç.kkyh o lk/kuksa dks ykxw fd;k gSA fofHkUu ifjlhekvksa dk dM+k vuqikyu rFkk mYya?kuksa esa o`f)] ;fn dksbZ gks] dk mfpr vuqlj.k fd;k tkrk gSA blds vfrfjDr ,d e/;LFk dk;kZy; Hkh cuk gqvk gSA

lqLFkkfir rjyrk çca/ku ra= gS tksfd ns; gksus ij] cSad ds leLr Hkqxrku nkf;Roksa dks iwjk djus ds lkeF;Z dks lajf{kr djrk gSA ;g cSad dh rjyrk tksf[ke dks igpkuus] ekius rFkk lapkyu djus ds fy, cuk;k x;k gSA

cSad] fofu;ked fn'kk&funsZ'kkuqlkj :ikarfjr vof/k i)fr dk mi;ksx djds ekudh—r –f"Vdks.k ds vuqlkj cktkj tksf[ke çHkkj dh lax.kuk djrk gSA cSad vius fons'kh fofue; iksVZQksfy;ks ij Hkh tksf[ke ewY; ¼oh,vkj½ dh x.kuk djrk gSA

cSad] laHkkO; ?kVukvksa ls mRiUu rjyrk vkSj C;kt&nj tksf[keksa ls gksus okys laHkkfor tksf[keksa dks mtkxj djus ds fy,] le;≤ ij LVªsl VsLV vH;kl djrk gSA fofHkUu tksf[ke dkjdksa ds dkj.k [kkrs ij gq, vk?kkr dk çHkko] ftlds dkj.k cnrj fLFkfr mRiUu gks ldrh gS] dk v/;;u fd;k tkrk gS vkSj mlds çHkko dks nwj djus ds fy, laHkkO; gy fudkys tkrs gSaA

ifjpkyuxr tksf[ke

ifjpkyuxr tksf[ke çca/ku lfefr ¼vksvkj,elh½ ifjpkyuksa ls tqM+s tksf[keksa ls lacaf/kr ekeyksa ij fuxjkuh j[krh gS vkSj vkdfLed@vfuok;Z fLFkfr;ksa esa O;olk; dh lrr@iqu% LFkkiuk lqfuf'pr djrh gSA orZeku esa ifjpkyuxr tksf[ke laca/kh iw¡th çHkkj ewy ladsrd –f"Vdks.k ds vuqlkj laxf.kr fd;k tkrk gSA cSad ifjpkyuxr tksf[ke dh lajpuk dks etcwr djus dh fn'kk esa dk;Z dj jgk gS rkfd ifjpkyuxr _.k tksf[ke ¼vksvkj,e½ ç.kkyh ifjpkyuxr tksf[ke iw¡th dh x.kuk ds mUur –f"Vdks.k dh vksj vxzlj gksus esa leFkZ gks ldsA

ekuo lalk/ku fodkl31-03-2015 dks laoxZ okj LVkQ dh la[;k fuEukuqlkj jgh %

Js.kh 31 ekpZ] 2014 31 ekpZ] 2015vf/kdkjh 6062 6409fyfid 2029 2113v/khuLFk LVkQ 779 658dqy 8870 9180

efgyk jkstxkj %&

31-03-2015 dks gekjs dqy 9180 LVkQ lnL;ksa esa ls 2082 efgyk,a gSa tks dqy la[;k dk 22-68% curh gSaA

vkjf{kr Js.kh ds dkfeZdksa dks jkstxkj %&

cSad lekt ds vU; fiNM+s oxksaZ rFkk vuqlwfpr tkfr] tutkfr lacaf/kr O;fä;ksa ds fgr ,oa fodkl ds çfr laoS/kkfud lqj{kk rFkk lkekftd y{; ds çfr cpuc) gSA cSad Hkkjr ljdkj }kjk laiw.kZ Hkkjr esa vkjf{kr inksa rFkk LFkkuh; HkfrZ;ksa esa vkj{k.k uhfr ds laca/k esa fu/kkZfjr fn'kk&funsZ'kksa dk vuqikyu djrk gSA

Punjab & Sind Bank


CREDIT RISKCredit risk management processes involve identification, measurement, monitoring and control of credit exposures. Credit risk and its policy formulation is managed by Credit Risk Management Committee (CRMC). It regularly monitors prudential caps in different loan segments including industry, corporate, retail and individual/group borrowers.

Comprehensive credit rating framework comprising of Credit Risk Rating Models for Corporate and Retail Loans, pricing of loans linked to risk assessment and credit rating, study & analysis of industries/portfolio, migration of credit ratings is undertaken.

Awareness of Basel II norms at the operating level is created and continuously enhanced to achieve the aim of conservation and optimum use of capital.

MARKET RISKThe Bank’s portfolio is exposed to market risk on account of changes due to interest rates and currency rates.

The Asset and Liabilities Management Committee (ALCO) is overseeing the functions relating to market risk. The Bank has put in place a variety of market risk measurement systems and tools. Strict adherence to various limits and proper escalation of breaches, if any, are followed. Moreover, a Mid Office is also in place.

The Liquidity Management Framework is well established, which safeguards the ability of the Bank to meet all payment obligations when they become due. It is designed to identify measure and manage the liquidity risk position of the Bank.

The Bank is computing the market risk capital charge as per the Modified Duration approach, by using Modified duration method, as per the regulator’s guidelines. The Bank also calculates Value at Risk (VaR) on its foreign exchange portfolio.

The Bank periodically undertakes stress test exercise to highlight the potential risks, on account of liquidity & interest rate risk that may arise due to events that are rare but plausible. The impacts of shock on account of different risk factors that may generate worst case scenario are studied and to counter the impact possible solutions are derived.

OPERATIONAL RISKThe Operational Risk Management Committee (ORMC) oversees the matters relating to risks associated with operations and ensures the continuity / restoration of business in the event of contingency / exigencies. Presently, capital charge on operational risk is calculated as per Basic Indicator Approach. The Bank is in the process of strengthening its ORM Framework & ORM systems so as to be able to migrate to advance approaches of calculation of Operational Risk Capital.

HUMAN RESOURCE MANAGEMENTThe cadre wise staff strength as on 31.03.2015 is as under:-

Category 31st March 2014 31st March 2015Officers 6062 6409Clerks 2029 2113Sub-staff 779 658Total 8870 9180

WOMEN IN EMPLOYMENT: - Out of the total strength of 9180 as on 31.03.2015, the women employees are 2082 constituting 22.68% of the total strength.

EMPLOYMENT TO RESERVED CATEGORY EMPLOYEES:-Bank is committed to the constitutional safeguard and social objectives for the development and welfare of persons belonging to SC, ST and other backward classes of the society. The Bank observes all guidelines stipulated by the Govt. of India in respect of Reservation Policy for reservation of Posts in all India, local recruitments.

iatkc ,.M fla/ cSad


cSad esa vuqlwfpr tkfr@tutkfr ds dkfeZdksa ds vkj{k.k ,oa vU; çko/kkuksa dh fuxjkuh djus gsrq ,d fo'ks"k ,llh@,lVh d{k dh LFkkiuk dh xbZ gSA cSad ds ,llh@,lVh dkfeZdksa dh lHkh lacaf/kr ekeyksa esa f'kdk;r fuokj.k ds fy, rFkk fofHkUu fn'kk&funsZ'kksa ds vuqikyu dks lqfuf'pr djus ds fy, ,d dk;Zdkjh] tksfd egkçca/kd Lrj dk gS] dks inukfer fd;k x;k gSA

fnukad 31-03-2015 dks ,llh@,lVh dkfeZdksa dh dqy la[;k Øe'k% 1572 vkSj 533 gSA fofHkUu vkjf{kr Jsf.k;ksa vFkkZr vkschlh@HkwriwoZ lsokdehZ@fodykax ds v/khu dkfeZd la[;k fuEu gS%

Js.kh vuqLkwfpr tkfr vuqLkwfpr tu&tkfr vU; fiNM+k oxZ ÒwriwoZ LkSfud 'kkjhfjd fod~yka¡xvf/kdkjh 952 439 994 48 86fyfid 420 71 410 136 40v/khuLFk LVkQ 200 23 29 128 14dqy 1572 533 1433 312 140

e`rd deZpkfj;ksa ds vkfJrksa dks vkfFkZd lgk;rk %&

o"kZ 2014&15 ds nkSjku e`rd deZpkfj;ksa ds vkfJrksa dks ;kstuk ds varxZr vuqdaik ds vk/kkj ij ukSdjh çnku djus ds LFkku ij vuqxzg jkf'k ds laca/k esa cSad us 6 ekeyksa esa dqy 37]21]633@& #i, dh jkf'k dk Hkqxrku fd;kA

inksUufr;k¡ %&vPNk dke (Top performers) djus okyksa dks iqjLdkj ds :i esa rFkk mUgsa vkSj ftEesokj inksa dks laHkkyus ds mís'; ls cSad o"kZ&nj&o"kZ yxHkx lHkh Jsf.k;ksa ds LVkQ lnL;ksa dh inksUufr;k¡ fu;fer :i ls djrk jgrk gSA vkyksP; o"kZ ds nkSjku deZpkfj;ksa dh c<+rh gqbZ vkdka{kkvksa dks iwjk djus ds fy, muds dSfj;j esa rhoz çxfr gsrq fo'ks"k vfHk;ku pyk;k x;k rkfd Å¡ph mRikndrk ds çfr deZpkjh çsfjr gks ldsaA

o"kZ ds nkSjku fuEufyf[kr inksUufr;k¡ dh xbZa %

oxZ ls inksUufr;k¡

meç ls eç

leç ls meç

eqç ls leç

oç ls eqç çca/kd ls o-ç

vf/kdkjh ls çca/kd

fyfid ls vf/kdkjh

v/khuLFk ls fyfid

dqy

lkekU; 5 18 35 122 269 741 196 30 1416fof'k"V & & & 12 63 9 & & 84dqy 5 18 35 134 332 750 196 30 1500

çf'k{k.k vkSj ekuo lalk/ku fodkl %&

çf'k{k.k] ekuo lalk/ku fodkl dk ,d vfHkUu vax gSA cSafdax m|ksx esa orZeku çfrLi/khZ okrkoj.k esa LVkQ dks rduhd] çfØ;k vkSj i)fr] fof/kd igyqvksa esa gks jgs fodkl dh uohure tkudkfj;ksa ls voxr djk, j[kuk cgqr t:jh gks x;k gS] fo'ks"k :i ls lkfFk;ksa ds chpA

çf'k{k.k vkSj fu[kkj ¼xzwfeax½ ,sls egRoiw.kZ dne gksrs gSa ftuls thoar laxBukRed laL—fr dh jpuk djus esa enn feyrh gS vkSj deZpkjh mRlkgh gks dj viuk dke csgrj <ax ls djus ds çfr çsfjr jgrs gSaA blls deZpkfj;ksa dh ;ksX;rk esa o`f) djus ,oa lgh dkS'ky vkSj Kku esa n{krk gkfly djus esa enn djrk gS rkfd fofHkUu oxksaZ ds xzkgdksa dh fujarj ifjofrZr gksus okyh O;kolkf;d vko';drkvksa dh iwfrZ djus esa os l{ke gks ldsaA cSad }kjk lapkfyr çf'k{k.k dk;ZØe] cSad esa u, HkrhZ gq, dkfeZdksa dh dk;Z&dq'kyrk ,oa Kku esa o`f) djus esa] rFkk laxBukRed mís';ksa ds fy, bldh orZeku dk;Z 'kfDr dh fLFkfr ds iqufoZU;kl esa lgk;d fl) gq,] ftlls cSad] ns'k ds iw.kZr% rduhdh ,oa lsok çnkrk cSad ds :i esa ifjofrZr gks ldsA

uo fu;qDr ifjoh{kk/khu vf/kdkfj;ksa dks v/;{k ,oa çca/k funs'kd egksn; }kjk lacksf/kr fd;k x;k rkfd os cSad ds bfrgkl] uSfrd ewY;ksa] lajpuk ] O;olk; vkSj Hkkoh ;kstukvksa ls ifjfpr gks ldsaA bldk mís'; mUgsa cSafdax okrkoj.k ls ifjfpr djokuk vkSj fogaxkoyksdu djokuk Fkk rkfd os Kku gkfly djus ds lkFk lkFk cSad dh i)fr ls 'kh?kzrk ls tqM+ ldsaA mUgsa muds dSfj;j ds ckjs tkx:d fd;k x;k vkSj cSad esa muds mRrjkf/kdkjh ;kstukvksa ds ckjs crk;k x;kA uo&fu;qDr LVkQ dks mUeq[k çf'k{k.k rFkk 'kk[kk Lrj ij vfxzeksa laca/kh çf'k{k.k Hkh çnku fd;k x;kA

foRr o"kZ 2014&15 ds nkSjku cSad us vius 50% dkfeZdksa dks çf'k{k.k nsus dk ç;kl fd;kA bl lanHkZ esa 1 vçSy] 2014 ls 31 ekpZ] 2015 ds chp lkekU; cSafdax ,oa daI;wVj o blls lacaf/kr 269 çf'k{k.k dk;ZØe ih,lch lSaVj Q‚j cSafdax fjlpZ ,aM Vªsfuax] paMhx<+] fuCld‚e uks,Mk rFkk v‚apfyd dk;kZy;ksa esa LFkkuh; çf'k{k.kksa ds ek/;e ls vk;skftr fd, x,A bl nkSjku fofHkUu laoxksaZ ds 7144 dkfeZdksa dks çf'kf{kr fd;k x;kA

Punjab & Sind Bank


A special SC/ST cell has been set up in the Bank to monitor the Reservation & other provisions for SC/ST employees. An executive in the rank of General Manager has been designated as Chief Liaison Officer for SC/ST employees who ensures compliance of various guidelines pertaining to SC/ST employees & takes care of all matters of grievance redressal of SC/ST employees of the Bank.

The staff strength of SC/ST employees stood at 1572 and 533 respectively on 31.03.2015. The staff strength under various reserved categories viz OBC/EX-SM/PH is as under:-

CATEGORY SC ST OBC Ex-SM PHOFFICERS 952 439 994 48 86CLERKS 420 71 410 136 40SUB-STAFF 200 23 29 128 14Total 1572 533 1433 312 140

FINANCIAL ASSISTANCE TO THE DEPENDENTS OF DECEASED EMPLOYEES:-During the Financial year 2014-15, the Bank made total payment of Rs 37,21,633/- in 6 cases towards financial assistance to the dependants of the deceased employees under the scheme for the payment of EX Gratia in lieu of appointment on compassionate grounds.

PROMOTIONS: -Bank is regularly promoting people almost in all cadres year after year to keep on rewarding its top performers and make them assume higher responsibilities. Special drive was made during the year under review to fulfill the growing aspirations of the employees for fast career progression thereby motivating employees for higher productivity.

Following promotions have been affected during the year:-

Promotions From

DGM to GM

AGM TO DGM

CM TO AGM

SRM to CM

MGR TO SRM

OFFICER TO MGR

CLERK To OFFICER

SUBSTAFF To CLERK

TOTAL

General 5 18 35 122 269 741 196 30 1416Specialist - - - 12 63 9 - - 84Total 5 18 35 134 332 750 196 30 1500

TRAINING & HUMAN RESOURCES DEVELOPMENT:- Training is an integral part of human resource development. In the current competitive environment in the Banking industry, it is all more important to keep the staff abreast of the latest developments in technology, system and procedures, legal aspects etc., especially amongst the peers.

Training and grooming are important steps in creating a vibrant organizational culture in which employees are encouraged & motivated to perform better. It helps in augmenting the competencies of employees & equip them with the right skills & knowledge for meeting ever changing business needs of customers in different segments. The training programs organized by the Bank are geared towards integrating the new recruits into the Bank & in enhancing the skills, knowledge and for reorienting the attitude of its existing work force to the organizational objectives so as to transform the Bank to a technology & service driven Bank of the country.

Newly recruited POs were addressed by Chairman and Managing Director to introduce them to Bank’s history, Ethics, Structure, Business and Future Plans. The objective was to familiarize them with the Banking environment so that they get an overview and adapt to the Bank’s system quickly apart from getting the knowledge inputs. They were made familiar with their career & succession plans in the Bank. The newly recruited staff was provided Orientation Training on Advances at Branch Level.

The Bank endeavored to provide training to 50% of its employees during the Financial Year 2014-15. With this in view, 269 programmes were conducted in General Banking & Computer related programmes at CBRT Chandigarh, NIBSCOM, Noida & Locational trainings conducted at Zonal Offices in various fields from 1st April 2014 to 31st March 2015, in which training was imparted to 7144 employees of different cadres.

iatkc ,.M fla/ cSad


cSafdax m|ksx ds rsth ls cnyrs ifjos'k ds lkFk mPpkf/kdkfj;ksa dks laosnu'khy cukus rFkk laLFkku ds –f"Vdks.k@y{; çkfIr ds fy, mudh usr`Ro Hkwfedk ds çfr tkx:d djus ds mís'; ls uo&inksUur egkçca/kdksa] mi egkçca/kdksa] lgk;d egkçca/kd rFkk vU; mPpkf/kdkfj;ksa ds fy, twu 2014 esa ,evkbZch,e] iq.ks esa ,d i‚ap fnolh; çca/k fodkl dk;ZØe dk vk;kstu fd;k x;k] ftlesa 60 mPpkf/kdkfj;ksa us lgHkkfxrk dhA

blds vfrfjDr 180 dks 'kh"kZ Lrjh; çf'k{k.k fnyok;k x;kA

vkS|ksfxd laca/k %&

cSad esa o"kZ Hkj vkS|ksfxd laca/k lkSgknZiw.kZ jgsA dkexkj vkSj vf/kdkjh ;wfu;uksa ds çfrfuf/k;ksa us fodkl ,oa vU; eqíksa ij fofHkUu Lrjksa ij çca/k ra= ds lkFk fopkj&foe'kZ esa Hkkx fy;k rFkk buds lek/kku ds fy, ç;Ru Hkh fd, x,A LVkQ lnL;ksa }kjk mBk, x, ifjoknksa ds fuokj.k ds fy, foRr&ea=ky; ls çkIr fn'kk&funsZ'kksa ds vuqlkj ifjokn fuokj.k lfefr dk xBu Hkh fd;k x;kA

lh/kh HkrhZ %&

foRrh; o"kZ 2014&15 esa lsok fuo`fRr dh pqukSfr;ksa] fujarj O;kikj o`f)] rFkk 'kk[kkvksa ds rhoz foLrkj dks /;ku esa j[krs gq, cSad dh fofo/k ekuo'kfDr dh vko';drk dks ns[krs gq, fo'ks"kK ,oa ifjoh{kk/khu nksuksa gh laoxZ ds vf/kdkfj;ksa dh HkrhZ dh xbZA

cSad dh HkrhZ ifj;kstuk o"kZ 2014&15 ds nkSjku Ldsy II esa 6 lh,] Ldsy II esa 9 fof/k vf/kdkjh] 913 ifjoh{kk/khu vf/kdkjh] Ldsy I esa 53 —f"k {ks= vf/kdkjh] Ldsy I esa 5 ekuo lalk/ku@vkS|ksfxd laca/k vf/kdkjh rFkk fyfid oxZ esa 448 flaxy foaMks v‚ijsVj&, us cSad esa dk;Zxzg.k fd;kA

dkfeZd dY;k.k

fodkl'khy xfrfof/k;ksa esa çHkkoh lgHkkfxrk djus gsrq dkfeZdksa dks mRlkfgr ,oa çksRlkfgr djus ds fy, cSad dh fofHkUu dY;k.kdkjh ;kstuk,a gSaA o"kZ 2014&15 ds nkSjku] cSad dh dbZ dY;k.kdkjh ;kstuk,a ykxw dh xbZ gSaA

lwpuk çkS|ksfxdh

• fnukad 31-03-2015 dks cSad dh lHkh 'kk[kk,a@dk;kZy; dksj cSafdax l‚Y;w'ku ij dk;Z dj jgh gSaA

• 1449 'kk[kkvksa esa vkjVhth,l vkSj ,ubZ,QVh ds ek/;e ls bySDVª‚fud fuf/k varj.k lqfo/kk miyC/k gSA

• lhch,l ifjos'k esa dkfeZdksa dh y‚x&bu çek.khdj.k esa c‚;kseSfVªd vk/kkfjr çek.khdj.k dks ykxw fd;k x;k gS rkfd ikloMZ pksjh@lhch,l ;wtlZ dh 'ks;fjax ds dkj.k gks jgh /kks[kk/kM+h dh ?kVukvksa dks jksdk tk ldsA orZeku esa cSad fQusdy ;wtjksa gsrq c‚;kseSfVªd çek.khdj.k dh lqfo/kk;qä gSA lHkh ubZ 'kk[kk,a c‚;kseSfVªd çek.khdj.k ds ifjos'k esa [kksyh tk jgh gSaA

• fnukad 28-08-2014 dks cSad us varcSaZd fuf/k varj.k lsok,a ,u;w;wih dk ç;ksx djrs gq, ;w,l,lMh lqfo/kk vkjaHk dh gS tksfd nks fuf/k varj.k fodYiks% ih2ih ¼eksckbZy ls eksckbZy½ vkSj ih2, ¼eksckbZy ls [kkrk½ ds lkFk gSA xzkgd bl lqfo/kk ds ek/;e ls vius [kkrs rd igq¡p cuk ldrs gSa vkSj 24X7 ds vk/kkj ij cxSj y‚xbu fd, varj cSad fuf/k varj.k dj ldrs gSaA

• fnukad 28-08-2014 dks cSad us ;wuhd vkbZMsUVhfQds'ku v‚fFkfjVh v‚Q bafM;k ¼;wvkbZMh,vkbZ½ ds vk/kkj vk/kkfjr Þvius xzkgd dks tkfu, ¼bZ&dsokbZlh½ß lsok vkjaHk dh gSA ;g lsok lHkh c‚;kseSfVªd ç.kkyh vk/kkfjr 'kk[kkvksa esa miyC/k gSA

• ik¡p b&y‚fc;ksa dks [kksyk x;k gSA

vkarfjd fu;a=.kcSad ds lqLFkkfir fujh{k.k ,oa ys[kk ijh{k.k foHkkx ¼vkbZ-,-Mh-½ laLFkkxr dk;Z&fu"iknu] foÙkh; vuq'kklu ds j[k&j[kko] vkarfjd@cká ys[kk ijh{kdksa dh Vhe ds ek/;e ls cSad esa mRikndrk Lrjksa dks psd djus dks lqfuf'pr djrk gSA fujh{k.k ,oa ys[kk ijh{kk foHkkx dk fujarj y{; blds çHkkoh vkarfjd fØ;k&fof/k ds }kjk cSad ds fgrksa dh vkj-ch-vkbZ-,- rFkk 'kk[kkvksa@dk;kZy;ksa dk fujh{k.k iw.kZ djds dh tkrh gS rkfd /kks[kk/kM+h ds ekeyksa dks de ls de fd;k tk ldsAcksMZ dh ys[kk ijh{kk lfefr ¼vks-lh-ch-½ ftldh foÙkh; o"kZ 2014&15 esa 8 cSBdsa gqbZ] cSad dh vkarfjd ys[kk ijh{kk ds fujh{k.k ds lkFk&lkFk çca/kdrkZvksa dh ys[kk ijh{kk lfefr ¼,-lh-bZ-½ dk Hkh fujh{k.k djrh gS tksfd cSad ds ys[kk ijh{k.k laca/kh dk;ksaZ dk fujh{k.k djus gsrq çFke Lrj dh lfefr gSAfoÙkh; o"kZ 2014&15 ds nkSjku cSad dh 808 'kk[kkvksa dk tksf[ke vk/kkfjr vkarfjd ys[kk ijh{k.k] 435 'kk[kkvksa dks leorhZ ys[kk ijh{k.k çfØ;k ds varxZr yk;k x;kA 591 'kk[kkvksa esa lwpuk ç.kkyh ds ys[kk ijh{k.k fd, x, rFkk vkapfyd dk;kZy;ksa vkSj ç/kku dk;kZy;ksa ds foHkkx çca/ku ys[kk ijh{k.k ,oa fujh{k.k ds fo"k; jgsA

Punjab & Sind Bank


With a view to sensitize the top executives of our the Bank with the fast changing scenario in the Banking Industry and to assume leadership role to carry forward the institution’s vision/goals, a five days Management Development Programme for newly promoted GMs, DGMs, AGMs and other executives was conducted in June 2014 at NIBM, Pune. 60 Executives attended the same.

Besides 180 Officers were also imparted training at Apex Level.

INDUSTRIAL RELATIONS: -The industrial relations in the Bank remained cordial throughout the year. The representatives from Workers and Officers unions participated in various discussions on developmental and other issues with the management at various levels and efforts were made to resolve the same. A grievance Redressal Committee has also been formulated as per the guidelines received from Ministry of Finance to redress the grievances raised by staff members.

DIRECT RECRUITMENT: - The Bank launched a special recruitment drive to cater to the challenges of superannuation, sustained business growth and rapid branch expansion in the FY 2014-15. Recruitment of both the Specialist Officers and Probationary Officers was done to address the diverse manpower requirement of the Bank.

During the year, 6 CAs in Scale II, 9 Law Officers in Scale –II, 913 Probationary Officers, 53 AFO in Scale –I, 5 HR/IR Officers in Scale I and 448 Single Window Operators-A in Clerical cadre have joined the Bank under Bank’s Recruitment Project 2014-15.

STAFF WELFAREIn order to motivate and encourage the staff for effective participation in development activities, the Bank is maintaining various welfare schemes for the staff. During 2014-15, welfare schemes of the bank were successfully implemented.

INFORMATION TECHNOLOGY• As on 31.03.15, all the branches/ offices are on Core Banking Solution.

• Electronic fund transfer facility through RTGS & NEFT is available in 1449 branches.

• Biometric based Authentication for employees’ login into CBS application has been introduced to prevent the incidence of frauds taking place on account of password theft/sharing of CBS users. Bank is presently enabled for Biometric Authentication for Finacle users. All the new branches are being opened in the ambit of Biometric Authentication.

• Bank launched Inter-bank fund transfer service USSD facility using NUUP on 28.08.2014, with two fund transfer options: P2P (Mobile to Mobile) and P2A (Mobile to Account). Through this facility customers can access their bank accounts and make interbank fund transfers on 24*7 basis without logging in through the portal.

• Bank on 28.08.2014 launched an Aadhaar Based ‘Know Your Customer (E-KYC) Service’ of Unique Identification Authority of India (UIDAI). The service is available in all the branches using Biometric system.

• Five e-lobbies have since been opened

INTERNAL CONTROLSThe well-established Inspection & Audit Deptt (IAD) ensures review of institutional performance, to maintain financial discipline, check productivity levels in the Bank through the teams of internal/external auditors. The IAD constantly aims at checking the inherent risks through its effective control mechanism, to protect the Bank's interest by conducting RBIA and Inspection of branches/offices and Endeavour to minimize perpetration of frauds.

The Audit Committee of the Board (ACB), which met on 8 occasions during FY 14-15, oversees the Internal Audit function of the Bank as well as the functioning of the Audit Committee of Executives (ACE), which is a first tier Committee to oversee Inspection and Audit function in the bank.

During FY 2014-15, Risk Based Internal Audit was conducted in 808 branches of the Bank,435 branches were brought under Concurrent Audit System; the Information System Audit was conducted in 591 branches and Zonal Offices and Departments at Head Office have been subjected to Management Audit & Inspection.

iatkc ,.M fla/ cSad


fujh{k.k ,oa ys[kk ijh{kk foHkkx xzkgdksa dh f'kdk;rksa@ifjoknksa ds fuokj.k dh Hkh fuxjkuh dj jgk gSA foÙkh; o"kZ 2014&15 ds nkSjku 1432 f'kdk;rsa çkIr gqbZ ftlesa ls 1349 f'kdk;rksa dk fuokj.k gks x;kA cSafdax yksdiky us cSad ds fo#) 5 vkns'k ikfjr fd,] ftuesa ls cSad us ,d ds fo#) vihy nk;j djus dk fu.kZ; fy;kA

fujh{k.k ,oa ys[kk ijh{kk foHkkx us o"kZ ds nkSjku Þfof/kd ys[kk ijh{k.k uhfrß cukbZ rkfd csgrj i;Zos{k.k lqfuf'pr fd;k tk lds vkSj bl çdkj Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuqlkj dk;Z{ks= dehZ çeq[k fo"k; ij lgh fu;a=.k cuk ldsA

la{ksi esa] fujh{k.k ,oa ys[kk ijh{kk foHkkx Hkkjr ljdkj] fu;ked rFkk cSad cksMZ ds }kjk fu/kkZfjr dk;Z&ç.kkyh vkSj çfØ;k dk çHkkoh :i ls fuxjkuh dj jgk gSA

vuqikyu fØ;k&dyki

fnukad 01@10@2009 ls vuqikyu d{k dk mUu;u iw.kZr% vuqikyu foHkkx ds :i esa gks x;k gSA

foRrh; o"kZ 2013&14 ds nkSjku ,d c`gr~ vuqikyu&uhfr dk elkSnk rS;kj fd;k x;k ftldh leh{kk o"kZ 2014&15 esa dh xbZA o"kZ ds nkSjku v‚apfyd dk;kZy;ksa@ç/kku dk;kZy; ds foHkkxksa ds vuqikyu eSuqvy cuk,@v|ru fd, x,A ç-dk-;kstuk ,oa fodkl foHkkx }kjk Hkh cSad dk ifjpkyu eSuqvy cuk;k x;k rFkk bls cSad dh bUVªkusV lkbV ij Mky fn;k x;kA

cSad esa vuqikyu fØ;k&dykiksa ds laca/k esa Hkkjrh; fjt+oZ cSad }kjk fnukad 20 vçSy] 2007 ds ifji= }kjk tkjh fd, x, fofHkUu fn'kk&funsZ'kksa dk foHkkx }kjk vuqikyu fd;k x;kA o"kZ ds nkSjku cSad us lqfu'fpr fd;k gS fd lkafof/kd@fofu;ked rFkk dksbZ Hkh vU; vfuok;Z visf{kr lwpuk fofu;ked@Hkkjr ljdkj vFkok vU; fdlh Hkh çkf/kdj.k dks Hkst nh xbZ gSA lkFk gh foRrh; o"kZ 2014&15 ds nkSjku tkjh fd, x, Hkk-fj-cSad ds lHkh ifji=ksa rFkk vkarfjd fn'kk&funsZ'kksa dh eq[;&eq[; ckrksa dks ekfld vk/kkj ij rS;kj fd;k x;k vkSj LVkQ ds lanHkZ ds fy, bUgsa cSad dh bUVªkuSV lkbV ij Mkyk x;kA

vuqikyu foHkkx us v‚apfyd dk;kZy;] 'kk[kkvksa rFkk foHkkxksa dks vius ifjpkyu eSuqvyksa ds ek/;e ls Øekuqlkj djus gsrq vFkd ç;kl fd, gSaA bu fØ;k&dykiksa dh t‚ap okf"kZd vuqikyu ys[kk ijh{kk ds tfj, fu;fer :i ls rFkk fu;fer varjkyksa ij dqNsd 'kk[kkvksa dh vkdfLed çfr&t‚ap }kjk dh tkrh gSA

tu&laidZ ,oa izpkj&izlkj

foÙkh;&o"kZ 2014&15 ds nkSjku cSad us tu&leqnk; ds chp rFkk d‚jiksjsV Lrj ij vPNh Nfo cukus ds fy, ,d lqfu;ksftr uhfr viukbZ gS rFkk cSad us laiw.kZ Hkkjro"kZ ds ukxfjdksa dks /;ku esa j[krs gq, fçaV ehfM;k }kjk vius mRiknksa] lafonkvksa] foÙkh; rFkk vU; fMLIys@lwpukvksa dks fofHkUu lekpkj&i=ksa] if=dkvksa] Lekfjdkvksa esa çdkf'kr dj [;kfr çkIr dh gSA

cSad us vR;f/kd egRoiw.kZ dk;ZØeksa tSls fd lqjthr g‚dh VwukZesaV] tokgj yky usg: g‚dh VwukZesaV] Vh&20 fdØsV VwukZesaV rFkk HkkbZ ohj flag lkfgR; lnu ds okf"kZd vk;kstu esa vkmVMksj çpkj lkexzh vFkkZr~ cSujksa o gksfMaZxksa ds çk;kstu rFkk çn'kZu ls cSad dh igq¡p dk foLrkj fd;kA cSad us vius oky dSysaMj] 2015 ds ek/;e ls Hkh cgqr çflf) çkIr dh ftldks xzkgdksa vkSj 'kqHkfpUrdksa ds chp esa cgqrk;r ls ckaVk x;kA

bu lHkh dk;ksaZ }kjk cSad dks iqu% jk"Vª lsok gsrq Lo;a dks lefiZr djus dk lqvolj feyk rFkk çpkj&çlkj ds Lrj ij vk'kkrhr [;kfr çkIr gqbZA

lrdZrk

o"kZ ds nkSjku] fujks/kkRed ds lkFk&lkFk naMkRed lrdZrk ds dbZ ç;kl fd, rkfd lrdZrk ç'kklu dks etcwrh çnku dh tk ldsA

lrdZrk funsZf'kdk dks v|frr fd;k x;k vkSj o"kZ ds nkSjku la'kksf/kr funsZf'kdk dk foekspu fd;k x;kA Jh ts-,e- xxZ] lrdZrk vk;qä ds dj&deyksa }kjk v|frr lrdZrk funsZf'kdk dk foekspu gqvkA

vuq'kklukRed dkjZokbZ ls lacaf/kr 6 eghus ls vf/kd vfu.khZr ekeyksa esa deh ykus] dsoy ,dy vad esa ykus ds fy, ugha vfirq U;wure Lrj ij ykus ds fy, fo'ks"k ç;kl fd, x, vkSj ftlds dkj.k] ge yafcr ekeyksa dks ,dy vad ij j[kus esa leFkZ gq, gSaA foxr pkj o"kksaZ ds rqyukRed vkadM+s fuEu çdkj gSa &

2010&11 2011&12 2012&13 2013&14 2014&15

6 ekg ls vf/kd vof/k gsrq yafcr tk¡p 19 12 03 07 01

tSls fd vfHk;ksx pykus dh Loh—fr esa vfu.kZ; dh ckr gS] ;g larks"ktud gS fd fnukad 31-03-2015 dks vfHk;ksx pykus dh laLoh—fr gsrq dksbZ Hkh ekeyk cSad esa vfu.khZr ugh gSA lh-ch-vkbZ- ls çkIr ,sls lHkh ekeyksa esa] cSad us ;k rks vfHk;ksx pykus gsrq laLoh—fr çnku dj nh gS vFkok oS/k dkj.kksa ds lkFk vkSj tgk¡ vko';d gks] ekuuh; vk;ksx ds gLr{ksi ls laLoh—fr nsus ls euk dj fn;k gSA

Punjab & Sind Bank


The Inspection and Audit Department is also monitoring redressal of the customer grievances/complaints. During FY 2014-15, 1432 complaints were received, of which 1349 complaints have been disposed off. The Banking Ombudsman passed 5 awards against the Bank out of which the Bank has preferred appeal against one award.

During the year the Inspection and Audit Department formulated 'Legal Audit Policy' to ensure better supervision & thus covering an important aspect to exercise proper control by the field functionaries to fall in line with RBI directives.

To summarize, Bank's Inspection and Audit Department has been effectively monitoring the compliance of Systems and Procedures laid down by Bank’s Board, the Regulator and Government of India.

COMPLIANCE FUNCTIONThe compliance cell was upgraded into a full-fledged Compliance Department wef.01/10/2009.

A comprehensive Compliance-policy was drafted during FY 2013-14, which was reviewed during 2014-15. Further, Compliance Manuals of Zonal Offices and Various HO Departments were drafted/updated during the year. HO P&D Department also drafted the Functional Manual of the bank and placed it on the intranet site of the bank.

The Bank has followed various guidelines issued by RBI regarding Compliance Functions in bank. During the year, the bank has ensured that Statutory/Regulatory and any other mandatory information required to be sent to the Regulator/GOI or any other Authority has been sent. Further, gists of all RBI circulars and Internal guidelines, issued during the FY 2014-15, were prepared month-wise and placed on the intranet site of the bank for reference of the staff.

It was also ensured that the functioning of Branches, Zonal Offices and Departments is synchronized with their Functional Manuals. This functioning has been regularly checked through Annual Compliance Audits and random cross-checking of some of the branches at regular intervals.

PUBLIC RELATION AND PUBLICITYDuring the financial year 2014-15, the Bank adopted a multi-media strategy to build up its image in Public and at the corporate level and accordingly publicity was made through the print media by release of its product, tender, financial and other display/notice ads in different newspapers, magazines and souvenirs targeting various audiences all over the country.

Bank also used outdoor publicity tools i.e. Sponsorship and Display of Banners & Hoardings on events of high publicity value e.g. Surjit Hocket Tournament, Jawahar Lal Nehru Hockey Tournament ,T20 Cricket Tournament and Annual function of Bhai Vir Singh Sahitya Sadan facilitated extension of outreach of the Bank. Bank also received immense publicity through the Bank’s Wall Calendar 2015 which was widely distributed among clients and well wishers of the Bank.

Bank got huge publicity by way of coverage of its press releases by the print media. All these activities facilitated the Bank to rededicate itself to the service of the nation and enabled it to earn a well deserved mileage on the publicity front.

VIGILANCEDuring the year, number of initiatives on Preventive as well as on Punitive Vigilance were taken to strengthen the vigilance administration.

The Vigilance Manual was updated and revised Manual was released during the year. The updated Vigilance Manual was released by Shri J.M.Garg, Vigilance Commissioner.

Special thrust was given, to bring down the pendency of disciplinary action cases more than 6 months old, not only to a single digit but to a minimum possible level, as evident from the last four year position given as under:

2010-11 2011-12 2012-13 2013-14 2014-15Pending inquiries more than 6 months old 19 12 03 07 01

As regards, pending cases of sanction for prosecution, it is matter of satisfaction that no case is pending for sanction of prosecution as on 31.03.2015 in the Bank. In all such cases received from CBI, the Bank had either given the sanction for prosecution or has declined the sanction for prosecution with the valid reasons and after intervention by Hon’ble Commission, where required.

iatkc ,.M fla/ cSad


lHkh Lrjksa ij gekjh fujarj fuxjkuh ls ldkjkRed ifj.kke vk, gSa tSls fd f'kdk;rksa ds vfu.khZr ekeys fo'ks"kdj lh-oh-lh-@Mh-,Q-,l@lh-ch-vkbZ- ls çkIr f'kdk;rksa esa deh vkbZ gS tksfd uhps fn, x, vk¡dM+ksa@Vsfcy ls ifjyf{kr gks jgk gS%&

31-03-2011 31-03-2012 31-03-2013 31-03-2014 31-03-2015

lh-oh-lh- }kjk Hksth xbZ f'kdk;rsa 10 07 02 02 01*

cSad esa vkarfjd fu;a=.k ç.kkyh dks etcwr djus ij tksj nsus vkSj fujarj fuxjkuh djus ds dkj.k] /kks[kk/kM+h esa dkQh deh vkbZ gS tSlk fd uhps dh Vscy ls ifjyf{kr gSA ;g lR; gS fd vf/kdrj cSadksa vkSj foÙkh; laLFkkuksa esa foxr 3@4 o"kksaZ esa /kks[kk/kMh ds ekeyksa esa dkQh vf/kd o`f) gqbZ gS tc fd ge cSad esa /kks[kk/kM+h ds c<+rs #>ku dks de djus esa leFkZ gq, gSaA

¼#- djksMks+ esa½2012&13 2013&14 2014&15jkf'k jkf'k jkf'k

lwfpr dh xbZ /kks[kk/kM+h 102-94 68-93 30-99

u, vkj-Mh-,- ¼fu;fer vuq'kklukRed dkjZokbZ ds ekeys½ rFkk çHkkoh vkarfjd fu;a=.k ds lkFk] ekeyksa dh la[;k esa dkQh deh vkbZ gSA

fnukad 31 ekpZ dks 2013 2014 2015vfu.khZr lrdZrk ekeys 133 75 70

ge fujks/kkRed lrdZrk ij vf/kd cy ns jgs gSa vkSj laLFkk ds vanj LVkQ lnL;ksa ds chp gekjs fujks/kkRed lrdZrk mik;ksa@tkx#drk iw.kZ ç;klksa ls vkjksi i= tkjh djus dh la[;k esa le; ds lkFk deh vkbZ gSA ;g uhps dh Vscy ls ifjyf{kr gksrk gS fd o"kZ 2012&13 esa tkjh 151 vkjksi i=ksa ds fo#) o"kZ 2014&15 esa ek= 63 vf/kdkfj;ksa dks lrdZrk dkj.kksa ls vkjksi i= fn, x,A

2012&13 2013&14 2014&15tkjh vkjksi i= 151 102 63

lqj{kk

cSad dh laxBukRed lajpuk esa lq–<+ lqj{kk O;oLFkk iw.kZ :i ls LFkkfir gSA ç-dk-lqj{kk foHkkx] cSad ds lHkh djsalh psLVksa ,oa 'kk[kkvksa esa lqj{kk O;oLFkk dh fu;fer leh{kk djrk gS rnuqlkj] cSad esa çcy lqj{kk ifj–'; cukus gsrq lqj{kk çca/kuksa dh xfr dks rst fd;k x;k gS rkfd cSad dh lqj{kk O;oLFkk dks vkSj vf/kd çHkkoh ]vk/kqfud rFkk vck/k lqj{kk ç.kkyh cukus ds fy, etcwr fd;k x;k gSA Hkkjrh; fjt+oZ cSad@Hkkjrh; cSafdax la?k ds fn'kk&funsZ'kksa ds vuqlkj vko';d ,oa vfuok;Z lqj{kk çca/ku dh O;oLFkk cSad dh yxHkx lHkh 'kk[kkvksa esa miyC/k djokbZ xbZ gSA

vk¡pfyd lqj{kk vf/kdkfj;ksa }kjk lqj{kk O;oLFkk ds çca/ku dk ewY;kadu djus ds fy, fu;fer varjky ij 'kk[kkvksa dk lqj{kk ijh{k.k fd;k x;k rFkk vko';drkuqlkj bu lqj{kk çca/kuksa dks etcwr djus ds fy, ijke'kZ fn;k x;k o dkuwu çorZu ,tsfUl;ksa ,oa ç'kklfud dk;kZy;ksa ls rkyesy LFkkfir fd;k x;kA blds vfrfjä] eq[; lqj{kk vf/kdkjh ,oa vU; lqj{kk vf/kdkfj;ksa us djsalh psLVksa dk lqj{kk ijh{k.k fd;k vkSj lkFk gh vfrlaosnu'khy 'kk[kkvksa dk Hkh vkdfLed fujh{k.k fd;k x;kA

Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kkuqlkj] cSad ds lHkh djsalh psLVksa dh i¡gqp fu;a=.k ç.kkyh dks lq–<+ fd;k x;k gSA djsalh psLVksa ds LVªkax :e rd igqp gsrq ,d fu;ksftr fu;=ad dk;Zç.kkyh dk;Zjr gS rFkk djsalh psLV ds o‚YV :e esa vkus tkus dk fof/kor~ fjdkMZ j[kk x;k gSA

lHkh 'kk[kk dk;kZy;ksa ,oa djsalh psLVksa esa lqj{kk vykeZ flLVe LFkkfir gSA Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuq:i vf/kdka'k djsalh psLVksa esa LVªkax :e LFkkfir fd, x, gSA

cSad ds ikl dqy 12 djsalh psLV gS rFkk 11 djsalh psLVksa ij lqj{kk gsrq iqfyl xkMZ dh rSukrh dh xbZ gSA cSad us ckgjh L=ksrksa ls] Mh-th-vkj- }kjk çk;ksftr ,d futh lqj{kk ,tsalh ls vius fHkykbZ fLFkr djsalh psLV dh fnu&jkr fuxjkuh gsrq lqj{kk lsok,a yh gS rFkk ;g ç;kl fd;k tk jgk gS fd bl djsalh psLV ij l'kL= iqfyl xkMZ dh rSukrh dh tk,A cSad dh lHkh 'kk[kkvksa esa l'kL= iqfyl xkMksaZ dh rSukrh dh xbZ gS rFkk udnh çs"k.k dk dk;Z l'kL= lqj{kk xkMZ dh igjsnkjh esa fd;k tkrk gSA

djsalh psLV@'kk[kkvksa esa rSukr 'kL=/kkjh xkMksaZ dks okf"kZd vk/kkj ij Qk;fjax vH;kl lfgr çf'k{k.k çnku fd;k tkrk gS rFkk lHkh lqj{kk vf/kdkfj;ksa dks o"kZ esa ,d ckj lqj{kk laca/kh u;k çf'k{k.k Hkh fn;k tkrk gSA

Punjab & Sind Bank


Further, monitoring at all levels has yielded positive result as pendency of complaints especially received from CVC / DFS / CBI, has reduced significantly, as is evident from the data / table given below :

31.03.2011 31.03.2012 31.03.2013 31.03.2014 31.03.2015

Pending CVC referred Complaints 10 07 02 02 01*

With constant monitoring and emphasis on strengthening the internal control mechanism in the Bank, there is considerable decline in fraud, as is evident from the table below. In view of the fact that when almost all the Banks and Financial Institutions are having steep increase in frauds during the last 3/4 years, with effective control mechanism, the bank has been able to reverse the upward trend in frauds in the Bank.

(Rs. in crore)2012 - 13 2013 - 14 2014 - 15

Amount Amount Amount

Frauds Reported 102.94 68.93 30.99

With effective internal controls, initiation of fresh RDA (Regular Disciplinary Action Cases) cases have declined considerably.

As on 31st March 2013 2014 2015Vigilance Cases Pending 133 75 70

The bank is focusing more on the preventive vigilance and as a result of preventive vigilance measures / awareness efforts amongst the staff members across the organization, the number of issuance of Charge Sheet has declined over the period, as depicted hereunder:

2012 - 13 2013 - 14 2014 - 15

Charge Sheet issued 151 102 63

SECURITY The Bank has a well established Security set-up within the Bank's organizational structure. The H.O. Security department has been regularly reviewing the security arrangements at all the Currency Chests and branches and accordingly strengthening the security arrangements to meet prevailing security scenario with effective, modern and unobstructed Security Systems. All the essential and mandatory security arrangements in terms of RBI/ IBA guidelines are provided at almost all branches.

The Zonal Security Officers periodically carry-out Security audit of branches to assess the security arrangements in vogue and recommend implementation of additional preventive security measures wherever desired. They maintain close liaison with the law enforcing and administrative authorities. Besides, the Chief Security Officer and other officials from Head Office are also carrying out the security audit of the Currency Chests and also undertake random visits of the vulnerable branches of the Bank.

The Access Control System at all the Bank's Currency Chests has been strengthened in terms of RBI guidelines. A proper system of regulating access to Currency Chest Strong Rooms and proper records of entry into / exit from the Vault Room of the chest is being maintained.

Security Alarm Systems are installed at all branches and currency chests. Strong Room conforming to RBI specification are provided at majority of the branches.

The Bank has a total of 12 (twelve) currency chests. Police guards have been provided at 11 currency chests. The Bank has outsourced round the clock guarding of Bhilai Currency Chest to a Private Security Agency sponsored by DGR. Efforts are continuing for deployment of Armed Police Guards at this Currency Chest. All the branches of the Bank are provided with armed guards and all the cash remittances are escorted by the armed guards.

Training, including firing practice, for Armed Guards deployed at currency chests / branches is imparted on an annual basis. Also, all the security officers undergo refresher training on security once in a year.

iatkc ,.M fla/ cSad


leLr djsalh psLVksa rFkk fpfàr dh xbZ 507 mPp tksf[ke o vfrlaosnu'khy 'kk[kkvksa esa lh-lh-Vh-oh- fuxjkuh i)fr laLFkkfir djok nh xbZ gS] Hk; vuqHkwfr] udnh dh ek=k rFkk dherh cgqewY; oLrq,sa ,oa fujarj fuxjkuh dh vko';drk ds eísutj 'ks"k 'kk[kkvksa esa Hkh pj.kc) :i ls lh-lh-Vh-oh- fuxjkuh i)fr laLFkkfir dj nh tk,xhA

jktHkk"kk dk;kZUo;u

foÙkh; o"kZ 2014&15 ds nkSjku cSad esa Hkkjr ljdkj dh jktHkk"kk uhfr ds dk;kZUo;u ,oa jktHkk"kk fganh ds çxkeh ç;ksx ds çpkj&çlkj esa vk'kkrhr çxfr dh xbZA dqy 71 dk;Z'kkykvksa dk vk;kstu fd;k x;k] ftuesa 986 dkfeZdksa dks çf'kf{kr fd;k x;kA blds vfrfjä 715 'kk[kkvksa esa MSLd çf'k{k.k dk;ZØeksa ds }kjk 2123 dkfeZdksa dks fganh ds ç;ksx dk çf'k{k.k rFkk daI;wVj ij ;wfudksM çf'k{k.k Hkh fn;k x;kA cSad esa jktHkk"kk ds ç;ksx dh fLFkfr dh leh{kk djus ds mís'; ls dqy 609 'kk[kkvksa dk;kZy;ksa ds jktHkk"kk ds ç;ksx laca/kh fujh{k.k fd, x,A o"kZ ds nkSjku cSad ds fofHkUu dk;kZy;ksa@'kk[kkvksa es Hkkjr ljdkj] foÙk&ea=ky;] foÙkh; lsok,a foHkkx ds funsZ'kkuqlkj] Þvkilh laokn&lkFkZd fn'kkß ds 461 rFkk ÞefLr"d eaFkuß ds 266 dk;ZØeksa dk vk;kstu fd;k x;kA

bl o"kZ cSad dks x`g&ea=ky; }kjk jktHkk"kk uhfr ds Js"B dk;kZUo;u gsrq Þ[kß {ks= ÞcSad Js.khß ds varxZr gekjs cSad ds vk¡pfyd dk;kZy;] paMhx<+ us jktHkk"kk 'khYM ¼f}rh; iqjLdkj½ çkIr dhA cSad dks Þ[kß {ks= dh Hkkjrh; fjt+oZ cSad dh jktHkk"kk 'khYM¼çksRlkgu iqjLdkj½ Hkh çkIr dhA cSad ujkdkl] fnYyh dh vksj ls Hkh gekjh fganh x`g&if=dk Þih-,.M ,l- cSad jktHkk"kk vadqjß dks çksRlkgu iqjLdkj çkIr gqvkA fnYyh cSad ujkdkl ds rRoko/kku esa fofHkUu cSadksa }kjk vk;ksftr varj cSad çfr;ksfxrkvksa esa cSad ds LVkQ lnL;ksa us 06 iqjLdkj Hkh çkIr fd,A

[ksy&dwn

cSad dh ,d [ksy&dwn vdkneh gS tks cSad dh g‚dh Vhe dks jk"Vªh; Lrj ij çf'k{k.k nsrh gSA blds vfrfjä] 15 ls 18 o"kZ dh vk;q gsrq ,d vdkneh gSA o"kZ ds nkSjku] cSad dh g‚dh Vhe us fuEu jk"Vªh; VwukZesUV thrs%

v‚y bafM;k ekfVZ;lZ g‚dh VwukZesUV

cSad g‚dh Vhe rFkk g‚dh vdkneh ds fuEufyf[kr 5 f[kykfM+;ksa us o"kZ 2014&15 ds nkSjku Hkkjrh; g‚dh Vhe dk fofHkUu varjkZ"Vªh; çfr;ksfxrk esa Hkkjr dk çfrfuf/kRo fd;k gSA

Jh jeunhi flag Jh gjchj flag Jh lrchj flagJh xqjesy flag Jh gjtksr flag

fofHkUu Vheksa ds 6 f[kykfM+;ksa us cSad dh vksj ls bafM;u çhfe;j yhx esa çfrfuf/kRo fd;k ftldk vk;kstu g‚dh bafM;k }kjk rFkk ghjks xzqi dh Li‚Uljf'ki ds rgr fd;k x;kA

orZeku esa cSad ds 3 f[kykM+h eysf'k;k esa vtuky 'kkg di 2015 gsrq Hkkjrh; g‚dh Vhe esa 'kkfey gSAdsjy esa vk;ksftr jk"Vªh; [ksyksa esa cSad ds Jh ljouthr flag] Jh xqjbdcky flag] Jh xkSreiky flag] Jh foØethr flag ,oa g‚dh ,dsMeh ds ,d f[kykMh+ us iatkc jkT; dk çfrfuf/kRo fd;kAfofHkUu vf[ky Hkkjrh; ,oa vU; çfr;ksfxrkvksa esa o"kZ 2014&2015¼ vk;q oxZ 15 ls 18 o"kZ½ esa cSad dh g‚dh vdkneh us thrs

• vf[ky Hkkjrh; ckck Qjhn g‚dh VwukZesaV • vf[ky Hkkjrh; lrxq: txthr flag g‚dh VwukZesaV• varj egkfo|ky; g‚dh VwukZesaV ¼gekjs 8 f[kykfM+;ksa us yk;yiqj [kkylk d‚yst]tkya/kj dh vksj ls [ksyk½

blds vykok vU; Hkkxsnkjh fuEu çdkj gS%gekjh g‚dh ,dsMeh ds Jh tldj.k flag us iatkc jkT; g‚dh Vhe dh vksj ls lhfu;j o twfu;j oxZ esa çfrfuf/kRo fd;kAdsjy jkT; esa vk;ksftr jk"Vªh; [ksyksa esa gekjs cSad ds Jh latho dqekj ¼v‚yfEi;u½ iatkc Vhe ds eq[; dksp FksAvf[ky Hkkjrh; vareZgkfo|ky; g‚dh psfEi;uf'ki esa gekjs cSad ds 4 f[kykfM+;ksa us çfrfuf/kRo fd;k ,oa jtr ind thrkA

lek;kstu

foÙkh;&o"kZ& 2014&15 ds nkSjku fnukad 31-03-2015 rd vkbZchvkj o MhMh dk dqy cdk;k 99 çfr'kr rd de fd;k x;kA fiNyh cdk;k çfof"V;ksa dks de djus ds fy, Hkh ç;kl tkjh gSaA

Punjab & Sind Bank


Keeping in view the threat perception, volume of cash and valuables handled and need for continuous surveillance, CCTV Surveillance System have been installed at all the Currency chest / branches and 507 identified High Risk and vulnerable branches in the first phase. CCTV systems shall be installed at the remaining branches in a phased manner.

IMPLEMENTATION OF OFFICIAL LANGUAGE During the financial year 2014-15, the Bank made significant progress in implementation of Official Language Policy of Govt. of India for promoting and propagating the use of Official Language in the Bank. A total of 71 workshops were organized, in which 986 personnel were trained. Besides this, in 715 Hindi Desk Training Programmes, 2123 staff members were imparted training for using official language and Unicode training on Computers. With the aim of reviewing the progress of Official Language, inspections were conducted in 609 Branches/Offices. During the year, as per directions of the Finance Ministry, Rajbhash Vibhag, 461 “Aapsi Samvad-SarthakDisha” and 266 “MastishkManthan”, programmes were organized in different offices/branches of the Bank.

This year the Bank won Rajbhasha Shield (IInd prize) from Ministry of Home Affairs for implementation of Official Language Policy in Bank’s B region in Bank’s category. The Bank also won Rajbhasha Shield (consolation prize) from Reserve Bank of India. Apart from this, Delhi Town Official Language Implementation Committee (TOLIC), awarded Consolation Prize to our Bank In-House Hindi Magazine “Rajbhasha Ankur”. Bank staff members also won six prizes in various interbank competitions organized by different banks under auspices of Delhi Bank TOLIC.

SPORTSThe Bank has a Sports Academy which nurtures the Bank’s Hockey Team at National Level, besides Hockey Academy for age group of 15-18 years. During the year, the Bank’s Hockey Team won the following National Tournament:

• All India Martyrs Hockey Tournament

The following players of the Bank’s Hockey Team and Hockey Academy have represented Indian Hockey Team in various International Tournaments during the year 2014-15:

Sh. Ramandeep Singh Sh. Harbir Singh Sh. Satbir Singh Sh. Gurmail Singh Sh. Harjot Singh

6 players represented Indian Premier League from different teams which was organized by Hockey India with the sponsorship of HERO Group.

Presently 3 players are in the Indian Hockey Team for Azlan Shah Cup 2015 at Malaysia.

Savajit Singh, Guriqbal Singh, Gautampal Singh, Vikramjit Singh & one player from Hockey academy represented Punjab state in National Games held at Kerala.

Team from the Bank’s Hockey Academy (Age Group 15 to 18 Years) won the following tournaments during 2014-15

• All India Baba Farid Hockey Tournament

• All India Sat Guru Jagjit Singh Hockey Tournament

• Inter College Hockey Tournament ( Our 8 players played for Lyallpur Khalsa College, Jalandhar)

Apart from these, other contributions are as under:

Sh. Jaskaran Singh of Banks’ academy represented both Senior & Junior Nationals from Punjab State Hockey Team.

Sh. Sanjeev Kumar (Olympian) of our Bank was the Chief Coach of Punjab Team at National Games held at Kerala.

4 players represented GNDU Hockey Team in All India University Hockey Championship and won the Silver medal.

RECONCILIATIONTotal outstanding in IBR & DD as on 31.03.2015 has been reduced by 99% during the financial year 2014-15. The efforts are being continued to reduce the old outstanding entries also.

iatkc ,.M fla/ cSad


lkekU; ç'kklu

bl o"kZ fofHkUu fuekZ.k ifj;kstuk,a tSls LV‚Q çf'k{k.k d‚fyt] jksfg.kh] cSad gkÅl Hkou] ubZ fnYyh dk uohdj.k vkSj uks,Mk ifj;kstuk dk dk;Z çxfr esa gS rFkk bl o"kZ blds iw.kZ gksus dh laHkkouk gSA QksVZ] eqEcbZ rFkk xqM+x‚o esa fuekZ.k igys gh iw.kZ gks x;k gS vkSj iwohZ fdnokbZ uxj rFkk ikslaxhiqj esa dk;Z çxfr ij gSA

cksMZ funs'kdksa dk fu;kstu

31 ekpZ] 2015 ds vuqlkj cSad cksMZ esa lkr vU; funs'kdksa& foÙk&ea=ky;] Hkkjrh; fjt+oZ cSad ds çfrfuf/k;ksa] xSj&vkf/kdkfjsd funs'kd ¼lunh ys[kkdkj Js.kh½] nks 'ks;j/kkjd funs'kdksa rFkk nks va'k&dkfyd xSj&vkf/kdkfjd funs'kdksa ds vfrfjä nks iw.kZ dkfyd funs'kdksa tSls& v/;{k ,oa çca/k funs'kd rFkk ,d dk;Zdkjh gSaA

cSad ekeyksa ds fu;a=.k ,oa dk;Z fuxjkuh gsrq fu;ksftr cksMZ dh fofHkUu lfefr;ksa dh lwph uhps nh xbZ gS • çca/ku lfefr• ys[kk ijh{kk lfefr• tksf[ke çca/ku lfefr• cM+h jkf'k;ksa dh /kks[kk/kfM+;ksa dh fuxjkuh gsrq lfefr• lrdZrk lfefr• xzkgd lsok lfefr• va'k/kkjd laca/k lfefr• lwpuk çkS|ksfxdh ;kstuk lfefr• ukekadu lfefr• ekuo lalk/kku lfefr• cksMZ dh iqufoZpkj@leh{kk lfefr• ikfjJfed lfefr• dk;Zdkfj;ksa dh inksUufr ij cksMZ lfefr• olwyh dh fuxjkuh gsrq lfefr• lkoZtfud {ks= ds cSad esa ernku }kjk 'ks;j/kkjd funs'kd dh pquko lfefr

vU; cksMZ dh lfefr;ksa dh cSBdksa ds vfrfjä] o"kZ 2014&15 ds nkSjku cksMZ funs'kdksa dh ukS cSBdsa] cksMZ dh çca/ku lfefr dh ckjg cSBdsa rFkk ys[kk ijh{kk lfefr dh ukS cSBdsa vk;ksftr dh xbZaA

o"kZ 2014&15 ds nkSjku cSad ds cksMZ funs'kdksa ds fu;kstu esa fuEufyf[kr ifjorZu gq,%

lekos'kuJh ,e-,e- nkSyk dks cSad ds funs'kd eaMy esa Hkkjr ljdkj] foÙk ea=ky;] foÙkh; lsok,a foHkkx }kjk vf/klwfpr i= fnukad 07-05-2014 la[;k ,Q-ua- 6@3@2012&chvks-I ds ek/;e ls ukfer funs'kd ds :i esa fu;qä fd;k x;kAJh ,l-vkj- esgj dks cSad ds funs'kd eaMy esa Hkkjr ljdkj] foÙk ea=ky;] foÙkh; lsok,a foHkkx }kjk vf/klwfpr i= fnukad 24-09-2014 la[;k ,Q-ua- 6@3@2012&chvks-I ds ek/;e ls ukfer funs'kd ds :i esa fu;qä fd;k x;kAfnukad 01-07-2014 dks Jh ,e-,l- lkjax dks cSad ds 'ks;j/kkjdksa dk funs'kd fu;qä fd;k x;kAfnukad 01-07-2014 dks Jh ,l-ih- ccwrk dks cSad ds 'ks;j/kkjdksa dk funs'kd fu;qä fd;k x;kA

lsokfuo`fr;k¡• Jh ,l-lh- nkl] foÙk ea=ky; ds ukfer funs'kd fnukad 07-05-2014 rd cSad ds cksMZ esa jgsA• Jh ,l-ih- ccwrk us 'ks;j /kkjdksa ds funs'kd ds :i esa fnukad 02-06-2014 dks viuk dk;Zdky iw.kZ fd;kA• Jh ,u- jktsUæu us 'ks;j /kkjdksa ds funs'kd ds :i esa fnukad 02-06-2014 dks viuk dk;Zdky iw.kZ fd;kA• Jh lqjs'k Bkdqj us xSj&vf/kdkfjd funs'kd ds :i esa fnukad 12-07-2014 dks viuk dk;Zdky iw.kZ fd;kA• Jh latho vjksM+k us xSj&vf/kdkfjd funs'kd ds #i esa fnukad 14-07-2014 dks viuk dk;Zdky iwjk fd;kA

Punjab & Sind Bank


GENERAL ADMINISTRATIONVarious building projects viz staff Training College, Rohini, renovation of the Bank House building, Noida are in progress and likely to be completed in the next year 2015-16. Construction work at Fort Mumbai and Gurgaon has already been completed and work at East Kidwai Nagar and Possangipur is in progress.

CONSTITUTION OF BOARD OF DIRECTORSAs on 31st March 2015, the Board comprised of two Whole Time Directors viz Chairman & Managing Director and one Executive Director besides seven other Directors including representatives from Ministry of Finance, Reserve Bank of India, Non Official Director (Chartered Accountant Category), two Share Holders Directors and two Part Time Non Official Directors.

Various Committees constituted under the Board as listed below, oversee the functioning and control the affairs of the bank:

• Management Committee• Audit Committee• Risk Management Committee• Committee for Monitoring of Large Value Frauds• Vigilance Committee• Customer Service Committee• Stakeholders Relationship Committee• IT Strategy Committee• Nomination Committee• HR Committee• Committee of Board on Appellate/Reviewing Authority• Remuneration Committee• Committee of Board on Executives’ Promotion• Committee for Monitoring of Recovery• Election of Shareholders Director Committee Voting by Public Sector BankDuring the year 2014-15, Nine meetings of the Board of Directors, Twelve meetings of the Management Committee and Nine meetings of the Audit Committee of the Board were held, besides Meetings of other committees of the Board.

The constitution of Bank’s Board of Directors underwent following changes during the year 2014-15:

INCLUSIONS Sh. M M Dawla was nominated as MOF Nominee Director of the Bank vide Government of India, Ministry of Finance,

Department of Financial Services, New Delhi Notification No.F.No. 6/3/2012-BO-I dated 07.05.2014.

Sh. S R Mehar was nominated as MOF Nominee Director of the Bank vide Government of India, Ministry of Finance, Department of Financial Services, New Delhi Notification No.F.No. 6/3/2012-BO.1 dated 24.09.2014.

Sh. M S Sarang was appointed as Share Holder Director of the Punjab & Sind Bank on 01.07.2014

Sh. S P Babuta was appointed as Share Holder Director of the Punjab & Sind Bank on 01.07.2014

CESSATIONS• Sh. S C Das MOF Nominee Director was on the Board of the Bank up to 07.05.2014.• Sh. S P Babuta completed his term as Share Holders Director on 02.06.2014• Sh. N Rajendran completed his term as Share Holders Director on 02.06.2014• Sh. Suresh Thakur completed his term as Non Official Director on 12.07.2014• Sh. Sanjeev Arora completed his term as Non Official Director on 14.07.2014

iatkc ,.M fla/ cSad


• Jh ,e-,e- nkSyk us xSj&vf/kdkfjd funs'kd ds :i esa fnukad 24-09-2014 dks viuk dk;Zdky iw.kZ fd;kA• Jh ,l-ih-,l- fodZ us fnukad 22-11-2014 dks dkexkj funs'kd ds :i esa viuk dk;Zdky iw.kZ fd;kA• Jh fd'kksj dqekj lk¡lh] cSad ds dk;Zdkjh funs'kd dks foÙk ea=ky;] foÙkh; lsok,a foHkkx] Hkkjr ljdkj] ubZ fnYyh dh vf/klwpuk fnukad

31-12-2014 la[;k ,Q-ua- 4@4@2013&chvks&I ¼i½ }kjk fot;k cSad ds çca/k funs'kd rFkk lhbZvks ds :i esa fu;qä fd;k x;kA

fuxfer ç'kklu%

cSad vPNs fuxfer ç'kklu ds fy, çfrc) gS rFkk bls vkSj vf/kd etcwr djus dk fujarj ç;kl dj jgk gS rkfd laxBu esa lHkh Lrj ij vkSj vf/kd ikjnf'kZrk o csgrj leUo; lqfuf'pr fd;k tk ldsA cSad dh dk;Z&ç.kkyh] cSad ds ikjn'khZ LokfeRo ljapuk,a tksf[ke çca/ku dk;Z&ç.kkyh esa lq/kkj] lqfu;ksftr rjhds ls 'kfä;ksa dks lkSaiuk] tokcnsgh rFkk fujh{k.k ,oa ys[kk&ijh{kk çHkkx rFkk lkafof/kd dsUæh; ys[kk&ijh{kdksa }kjk fd, x, foLr`r ys[kk dk;ksaZ dks n'kkZrh gSA buds dk;ksaZ esa cksMZ }kjk dh tkus okyh larks"ktud cksMZ çfØ;kvksa rFkk fujh{k.k dk;Z lfEefyr gSA

cSad fuxfer ç'kklu ds ekeys esa lEcfU/kr lsch rFkk Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa dk ikyu djrk gS ftldh tkap lkafof/kd dsUæh; ys[kk&ijh{kdksa }kjk dh tkrh gSA

funs'kdksa dh ftEesnkfj;k¡%funs'kdksa us iqf"V dh gS fd 31 ekpZ] 2015 dks lekIr o"kZ ds fy, okf"kZd ys[kkcanh dh rS;kj djus esa &• ykxw ys[kk&ekudksa ds lkFk&lkFk ekud lkexzh ls lEcfU/kr mfpr O;k[;k] ;fn dksbZ gS rks] dk ikyu fd;k x;k gSA • Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuq:i cukbZ xbZ ys[kkadu uhfr;ksa dks yxkrkj ykxw fd;k x;k gSA• foÙkh;&o"kZ ds var esa rFkk 31 ekpZ] 2015 dks lekIr o"kZ gsrq cSad ds dk;Zdykiksa dk okLrfod rFkk mfpr fooj.k çLrqr djus gsrq

;Fkksfpr fu.kZ; rFkk iwokZuqeku yxk, x,A • Hkkjr esa cSadksa ij ykxw dkuwuksa ds çko/kkuksa ds vuqlkj ys[kk vfHkys[kksa ds mfpr ,oa i;kZIr vuqj{k.k gsrq mfpr rFkk i;kZIr /;ku j[kk

x;k rFkk [kkrksa dks pkyw laLFkku ds vk/kkj ij rS;kj fd;k tkrk gSA

lkafof/kd ys[kk ijh{k.k

tSlk fd Hkkjrh; fjt+oZ cSad }kjk vuqeksfnr gS] cSad us eSllZ ch-ds- JkQ ,.M daiuh] dksydkrk eSllZ vkj- dksBkjh ,.M daiuh] dksydkrk eSllZ frokjh ,.M ,lksf'k,Vl] ubZ fnYyh rFkk eSllZ f<+Yyksa ,.M ,lksf'k,Vl] paMhx<+ dks lekIr o"kZ ekpZ] 2015 ds ys[kkadu o"kZ gsrq fu;qä fd;k gSA

vfHkLoh—fr;k¡%

cSad dk funs'kd e.My ewY;oku xzkgdksa] 'ks;j /kkjdksa] 'kqHkfpardksa vkSj cSad ds Hkkjr rFkk fons'kksa esa muds laoknnkrkvksa ds laj{k.k] lnHkkouk ,oa leFkZu ds fy, /kU;okn nsrk gSA

funs'kd e.My cSad ds dkedkt ds fy, Hkkjr ljdkj] Hkkjrh; fjt+oZ cSad] Hkkjrh; çfrHkwfr ,oa fofue; cksMZ¼lsch½] LV‚d ,Dlpsatksa] fofHkUu jkT; ljdkjksa] foÙkh; laLFkkuksa vkSj cSad ds lkafof/kd dsaæh; ys[kk&ijh{kdksa ls çkIr ewY;oku vkSj le; ij lykg] ekxZn'kZu rFkk lg;ksx dks —rKrk ds lkFk Lohdkj djrk gSA

funs'kd e.My o"kZ ds nkSjku lHkh Lrjksa ij cSad dh çxfr gsrq LVkQ&lnL;ksa ds cgqewY; ;ksxnku ds fy, Hkjiwj ljkguk djrk gS rFkk vk'kk djrk gS fd vkus okys o"kksaZ esa cSad dks fuxfer y{;ksa dh çkfIr esa budk lrr~ lg;ksx çkIr gksrk jgsxkA

funs'kd eaMy gsrq rFkk mudh vksj ls


Punjab & Sind Bank


• Sh. M M Dawla MOF Nominee Director was on the Board of the bank up to 24.09.2014• Sh. S P S Virk completed his term as Workman Director on 22.11.2014.• Sh. Kishore Kumar Sansi, Executive Director of the Bank was appointed as Managing Director & CEO, Vijaya Bank vide

Government of India, Ministry of Finance, Department of Financial Services, New Delhi Notification No. F.No.4/4/2013-BO-I (i) dated 31.12.2014.

CORPORATE GOVERNANCE The Bank is committed to good Corporate Governance and is constantly striving to further strengthen the same to ensure greater transparency and better coordination at all levels in the Organization. The working of the Bank reflects transparent ownership structure, improved risk management practices, well defined delegation of powers, accountability and an elaborate audit function carried out by both its Inspection & Audit Division and by independent Statutory Central Auditors.

Bank has complied with the guidelines of RBI and SEBI on the matters relating to Corporate Governance which have been examined by the Statutory Central Auditors.

DIRECTORS’ RESPONSIBILITY STATEMENTSThe Directors confirm that in the preparation of the Annual Accounts for the year ended 31st March, 2015:• The applicable accounting standards have been followed along with proper explanation relating to material departures, if any.• The accounting policies framed in accordance with the guidelines of the Reserve Bank of India, were consistently applied.• Reasonable and prudent judgment and estimates were 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 of the bank for the year ended on 31st March, 2015.• Proper and sufficient care was taken for the maintenance of adequate accounting records in accordance with the provisions

of applicable laws Governing Banks in India and the accounts have been prepared on a going concern basis.

STAUTORY AUDIT As approved by Reserve Bank of India, bank has appointed M/s B K Shroff & Co., Kolkata, M/s R Kothari & Co., Kolkata; M/s Dhillon & Associates, Chandigarh and M/s Tiwari & Associates, New Delhi as Statutory Central Auditors for the accounting year ended March 2015.

ACKNOWLEDGEMENTSThe Board of Directors of the Bank thanks valued customers, shareholders, well-wishers and correspondents of the Bank in India and abroad for their goodwill, patronage and continued support.

The Directors also acknowledge with gratitude the valuable and timely advice, guidance and support received from Government of India, Reserve Bank of India, Securities and Exchange Board of India (SEBI), Stock Exchanges of various State Governments, Financial Institutions and the Statutory Central Auditors of the Bank in the functioning of the Bank.

The Directors place on record their deep appreciation for the valuable contribution of the members of the staff at all levels for the progress of the Bank during the year and look forward to their continued co-operation in realization of the Corporate goals in years ahead.

For and on behalf of the Board of Directors


iatkc ,.M fla/ cSad


fo'ks"k vk;kstu,oa

miyfC/k;k¡

Special eventS AND

achievementS

Punjab & Sind Bank

Annual Report 2014-15

fo'ks"k vk;kstu @ miyfC/k;kWaSpecial Events / Achievements

iatkc ,.‍M fla/k cSad ds v/;{k ,oa çca/k funs'kd ¼lh,eMh½ Jh tfranjchj flag] ¼vkbZ,,l½ us vius lg;ksxh dk;Zdkjh

funs'kd Jh fd'kksj l‚alh ds lkFk] Hkkjr ljdkj }kjk pyk, tk jgs L‍oP‍N Hkkjr vfHk;ku dh dM+h ds :i esa iatkc ,.‍M fla/k cSad ds ç/kku dk;kZy; ubZ fnY‍yh ls lQkbZ vfHk;ku dk 'kqHkkjaHk fd;kA bl vfHk;ku dk lapkyu] vf[ky Hkkjrh; L‍rj ij fd;k x;k ftlesa cSad ds lHkh vakpfyd dk;kZy; rFkk 'kk[kk,a lfE‍efyr gqbZA v/;{k ,oa çca/k funs'kd ¼CMD½}kjk lHkh deZpkfj;ksa ls L‍oP‍Nrk ds bl lans'k dks QSykus dk vkSj bl vfHk;ku dks fujarjrk ds vk/kkj ij pyk, j[kus dk vkºooku Hkh fd;k x;kA mU‍gksaus iatkc ,.‍M fla/k cSad dks ^n cSad C‍;wfVQqy* cukus dk vkºooku fd;kA

S hri Jatinderbir Singh, IAS Chairman & Managing Director, along with Executive Director of the Bank Shri

Kishore Sansi launched the cleanliness campaign at Head Office of the Punjab & Sind Bank in New Delhi as a part of Swachch Bharat Abhiyan undertaken by the Government of India. This campaign has been launched in all the Branches and Zonal Offices of the Bank all over the country. Mr. Singh also exhorted all the employees to spread this message of cleanliness and to carry on the mission on an ongoing basis. He gave the clarion call for building up the Punjab & Sind Bank as “The Bank Beautiful”.

Swachch Bharat Abhiyan:

LoPN Hkkjr vfHk;ku%1

iatkc ,.‍M fla/k cSad] ç/kkuea=h tu&/ku ;kstuk ds ekunaMksa dh miyfC‍/k ds fy, mR‍—"‍Vrk iqjL‍dkj dk fotsrk jgkA

;g iqjL‍dkj ,QvkbZVh,l ¼QsMjs'ku v‚Q baML‍Vªh VªsM ,.‍M lfoZl½] ubZ fnY‍yh ds }kjk fnukad 25-03-2015 dks vk;ksftr ,d dk;ZØe esa dsaæh; lw{e] y?kq ,oa e>kSys m|ksx ea=h] ekuuh; Jh dyjkt feJk ds dj&deyksa }kjk çnku fd;k x;kA cSad dks vkcafVr xk¡oksa rFkk okMksaZ esa ,d ifjokj esa ,d [kkrk [kksydj iatkc ,.‍M fla/k cSad 100 ifjokjksa dks igys gh doj dj pqdk gSA cSad] [kkrksa dks vk/kkj ls tksM+us rFkk 'kwU‍; 'ks"‍k [kkrksa dks :i, [kkrksa esa ifjofrZr djus ij /;ku dsafær dj jgk gSA

P unjab & Sind Bank Won an Excellence Award for achievement of PMJDY (Pradhan Mantri Jan Dhan

Yojana) parameters on 25.03.2015 at a function hosted by FITS (Federation of Industry Trade & Services), in New Delhi. The award was received through hands of Hon’ble Shri Kalraj Mishra, Union Cabinet Minister for MSME. Punjab & Sind Bank has already covered 100 % of households by opening one account per household in allotted villages & wards. Bank is focusing on increasing Aadhaar Seeding in the accounts and converting zero balance accounts into rupee accounts.

Excellence Award for achievement of PMJDY parameters:

ih-,e-ts-Mh-okbZ ds ekinaMksa dh miyfC/k ds fy, mRd`"Vrk iqjLdkj%

2

%

iatkc ,.M fla/ cSad


Jh tfranjchj flag] vkbZ-,-,l-] v/;{k ,oa çca/k funs'kd] iatkc ,.‍M fla/k cSad] cSad dh gkdh Vhe dks lE‍ekfur djrs

gq,A cSad dh gkdh Vhe dks ubZ fnY‍yh es vk;ksftr 51 tokgj yky usg# lhfu;j gkdh VwukZesaV esa mi fotsrk dh VªkQh çnku dh xbZA

S h. Shri Jatinderbir Singh, IAS Chairman & Managing Director, Punjab & Sind Bank felicitating Bank’s Hockey Team. The

Team was awarded Runner up trophy in 51st Jawahar Lal Nehru Senior Hockey Tournament held in New Delhi.

Punjab & Sind Bank felicitates Bank’s Hockey Team:

iatkc ,.M fla/k cSad us cSad dh gkdh Vhe dk lEeku fd;k%

4

cSad us paMhx<+ esa vk;ksftr dh xbZ ,xzh Vsd çn'kZuh] 2014 esa lgHkkfxrk dhA cSad ds esxk _.‍k vfHk;ku ds varxZr

cSad ds vf/kdkjhx.‍k vk jgs fdlkuksa dks —f"‍k] m|ksx ,oa [kqnjk _.‍k mR‍iknksa ds fo"‍k; esa tkudkjh nsrs gq,A

The Bank participates in Agri Tech 2014 exhibition held at Chandigarh. Bank officials apprising the visiting farmers

about Agriculture, Industry and Retail lending products under Bank’s Mega Credit Campaign.

Punjab & Sind Bank participates in Agri Tech 2014 Exhibition:

iatkc ,.M fla/k cSad us ,xzh Vsd çn'kZuh] 2014 esa lgHkkfxrk dh%

3


Punjab & Sind Bank

Annual Report 2014-15

fnukad 30-01-2015 ls lE‍iw.‍kZ Hkkjr esa 800 ls vf/kd [kqnjk O;kikj dSaiks dk vk;kstu fd;k x;kA o"‍kZ ds nksjku

[kqnjk _.‍kksa ds lforj.‍k esa 52% rFkk dqy cdk;k esa 25% dh o`f) gqbZA

T o boost retail lending, more than 800 Retail Lending Camps organized by the Bank across the country from

30.01.2015. Retail lending increased by 52% in disbursement and 25% in net outstanding during the year.

Retail Lending Camps:

[kqnjk _.k dSai%6

Hkkjrh; fjtoZ cSad ds xouZj M‚-j?kqjke jktu] o"‍kZ 2012&13 dh [k* {ks= dh jktHkk"‍kk 'khY‍M¼çksR‍lkgu

iqjL‍dkj½ cSad ds v/;{k ,oa çca/k funs'kd Jh tfranjchj flga] vkbZ , ,l dks çnku djrs gq,A

S h. Jatinderbir Singh, IAS Chairman & Managing Director receiving Rajbhasha Shield of area “B” for the year 2012-

13 from Dr Raghuram Rajan, Governor, Reserve Bank of India.

7 vkapfyd dk;kZy;] y[kuÅ esa cSad fe=ksa ds lkFk xks"‍Bh djrs gq, cSad ds ofj"‍B vf/kdkjhx.‍kA

Senior Executives of the Bank having meeting with 'Bank Mitras' at Zonal Office Lucknow.

5


#is dkMZ tkjh djus ds volj ij #i, l'kfädj.‍k dh igpku cukus gsrq Hkkjr ds jk"‍Vªifr ekuuh;s

Jh ç.‍kc eq[kthZ] v/;{k ,oa çca/k funs'kd Jh tfranjchj flga] vkbZ , ,l dks 'khY‍M vkSj çrhd çnku djrs gq,A

S hri Pranab Mukherjee, Hon’ble President of India presenting Shield & Memento to Sh. Jatinderbir Singh,

IAS Chairman & Managing Director in recognition of the impetus to Rupay on the occasion of launch of Rupay Card.

8

iatkc ,.M fla/ cSad


ih,lch us Hkkjrh; efgyk ds l'kfädj.‍k gsrq çxfr'khy dne mBk;k gS vkSj dqN 'kk[kkvksa dks

ÞlHkh efgyk 'kk[kkß cuk;k gSA

Punjab & Sind Bank takes a progressive step towards women empowerment by setting up some “All Women

Branches”.

10

Bank arranged a Management Development Programme for Executives of the Bank at NIBM,Pune. Seen in the

picture Sh.Jatinderbir Singh,IAS,and Chairman & Managing Director along with the participants.

12

Jh eqds'k dqekj tSu] dk;Zdkjh funs'kd egksn; us tkya/kj ftys ds /khjiqj esa fL‍Fkr O;olk;

çfrfuf/k ¼chlh½ {ks= dk nkSjk fd;k tgk¡ xzkeh.‍kksa dh mifL‍Fkfr esa ,bZih,l ysu&nsuksa rFkk bZ&dsokbZlh ,ujksyesaV fd, x,A Jh Mh-Mh- 'kekZ] egkçca/kd ¼,p-vkj-Mh-½ Hkh fp= esa fn[kkbZ ns jgs gSaA

cSad ds dk;Zdkfj;ksa ds fy, izca/ku fodkl dk;Zde dk vk;kstu ,uvkbZch,e] iq.‍ks esa fd;k x;kA fp=

esa] Jh tfranjchj flag] vkbZ-,-,l-] v/;{k ,ao izca/k funs'kd] lgHkkfx;ksa ds lkFk fn[kkbZ ns jgs gSaA

Sh. Mukesh Kumar Jain, Executive Director visits BC location of Dhirpur Distt.Jalandhar where AEPS transanctions

and e-KYC enrollments were done in the presence of rural gathering. Sh. D.D. Sharma, General Manager(HRD) also seen in the picture.

11


cSad ds v/;{k ,oa çca/k funs'kd Jh tfranjchj flag] vkbZ-,-,l- us csxksoky] /keZdksV cX‍xk rFkk cVkyk

xk¡oksa ds O;olk; çfrfuf/k {ks= dk nkSjk fd;kA v/;{k ,oa çca/k funs'kd egksn; ds lkFk xqjnkliqj ftys ds cVkyk esa O;olk; çfrfuf/k¼chlh½ fp= esa fn[kkbZ ns jgs gSaA

S h. Jatinderbir Singh, IAS, Chairman & Managing Director visits BC locations of village Begowal,Dharamkot Bagga

and Batala. Seen in the picture with CMD are some BCs of Batala Distt. Gurdaspur.

9

z

Punjab & Sind Bank


d‚iksZjsV çca/ku fjiksVZ 2014 - 15

RepoRt on coRpoRate GoveRnance

2014 - 15

iatkc ,.M fla/ cSad


d‚iksZjsV çca/ku fjiksVZ 2014&15

vkpkj lafgrk

1- çca/ku lafgrk ds laca/k esa cSad & n'kZu

cSad mR—"Vrk çkIr djus gsrq lalk/kuksa ds b"Vre mi;ksx ds lkFk vf/kdre çfrQy çkIr djus rFkk lHkh Lrjksa ij dk;Zfu"iknu dks lqfuf'pr djrs gq,] 'ks;j&/kkjdksa ds fgrksa dh j{kk djrs gq, rFkk muds ewY;ksa esa vfHko`f) ds fy, vius lrr~ ç;kl tkjh j[ksxkA cSad u dsoy lkafof/kd vko';drkvksa dk vuqikyu djsxk vfirq LosPNkiwoZd dM+h d‚iksZjsV xousaZl i)fr;ksa dks fu"ikfnr djrs gq,] mudk ikyu Hkh djsxkA cSad çR;sd {ks= esa mR—"krk gkfly djus gsrq uSfrd ewY;ksa ds mPp ekudksa] ikjnf'kZrk rFkk vuq'kkflr –f"Vdks.k viukus esa fo'okl j[krk gSA cSad loksZÙke dk;Z'kSyh dks viukus ds fy, opuc) gSA cSad vius lHkh lk>snkjksa ftuesa 'ks;j/kkjd] xzkgd] ljdkj rFkk O;kid rkSj ij vketu Hkh 'kkfey gSa] dks vf/kdre ykHk igqpkus gsrq l?ku ç;kl djrk jgsxkA

cSad ,d lwphc) fudk; gS tks ,d daiuh ugha gS vfirq cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e 1980 vFkkZr~ cSaddkjh daiuh vtZu vf/kfu;e ds rgr fudk; d‚iksZjsV gS rFkk Hkkjrh; fjt+oZ cSad }kjk fofu;fer gksrk gS] vr% LV‚d ,Dlpsatks ds lkFk fd, x, lwph;u djkj ds la'kksf/kr mi[kaM 49 ds çko/kkuksa dk ml lhek rd ikyu djsxk tgka rd cSaddkjh daiuh miØeksa dk ¼vtZu ,oa varj.k½ vf/kfu;e 1980 ds çko/kkuksa vkSj bl laca/k esa Hkkjrh; fjt+oZ cSad }kjk tkjh fn'kk&funsZ'kksa dk mYya?ku ugha gksrk gSA

2- funs'kd eaMy%

2-1 funs'kd eaMy dk Lo:i

funs'kd eaMy dk xBu cSafdax fofu;e vf/kfu;e 1949] cSafdax daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1980 ;Fkk la'kksf/kr rFkk jk"Vªh;—r cSad ¼çca/ku ,oa fofo/k çko/kku½ ;kstuk 1980 ¼;Fkk la'kksf/kr½ ds çko/kkuksa }kjk 'kkflr gksrk gSA

31 ekpZ] 2015 dh fLFkfr ds vuq:i funs'kd eaMy dk Lo:i fuEukuqlkj gS%

Øe Lka-

uke

inuke

31-03-2015 d¨ / kkfjr cSad ds

'ks;jä dh Lka[;k

cSad dh miLkfefr; a dh LknL;rk dh Lka[;k

cSad ds vykok daifu; a esa funs'kd ds :i esa Lksokvksa dh

Lka[;k

cSad ds vykok vU; daifu;ä

ds c¨MZ dh mi&Lkfefr;ä esa LknL;rk@v/ ;{krk

dh Lka[;k

fVIif.k;ka ¼cSad@vU; daifu; a esa fu;qfä dk Lo:i½

1- Jh tfrUnjchj flag] vkbZ-,-,l-

v/;{k ,oa çca/k funs'kd

'kwU; 11 1 'kwU; +

2- Jh ,e-ds- tSu dk;Zdkjh funs'kd 'kwU; 11 'kwU; 'kwU; *

3- Jh ,l-vkj- esgj funs'kd&foÙk ea=ky; }kjk ukfer

'kwU; 11 'kwU; 'kwU; **

4- Jh ih-ds- tsuk funs'kd&Hkk-fj-cSa- }kjk ukfer

'kwU; 7 'kwU; 'kwU; @

5 Jh egs'k dqekj xqIrk xSj&vkf/kdkfjd funs'kd &lunh ys[kkdkj funs'kd

'kwU; 4 'kwU; 'kwU; ***

6- Jh lq[ksu iky ccwrk xSj&vkf/kdkfjd funs'kd ¼'ks;j/kkjd funs'kd½

500 3 3 'kwU; $

7- Jh ,e-,l- lkjax xSj&vkf/kdkfjd funs'kd ¼'ks;j/kkjd funs'kd½

1100 3 1 #

8- Jh lat; oekZ xSj&vkf/kdkfjd funs'kd 'kwU; 8 'kwU; 'kwU; ++++

9- Jhefr vfurk d.kkZoj xSj&vkf/kdkfjd funs'kd 'kwU; 5 'kwU; 'kwU; +++

Punjab & Sind Bank


REPORT ON CORPORATE GOVERNANCE (2014-15) 1. BANK'S PHILOSOPHY ON CODE OF GOVERNANCE : The Bank shall continue its endeavor to enhance its shareholders’ value by protecting their interest by ensuring

performance at all levels, and maximizing returns with optimal use of resources in its pursuit of excellence. The Bank shall comply with not only the statutory requirements, but also voluntarily formulate and adhere to a set of strong Corporate Governance practices. The Bank believes in setting high standards of ethical values, transparency and a disciplined approach to achieve excellence in all its sphere of activities. The Bank is also committed to follow the best practices. The Bank shall strive hard to best serve the interests of its stakeholders comprising shareholders, customers, Government and society at large.

The Bank is a listed entity, which is not a company but body corporate under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 and is regulated by Reserve Bank of India. Therefore the Bank shall comply with the provisions of Revised Clause 49 of the Listing Agreement entered into with Stock Exchanges to the extent it does not violate the provisions of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 and the Guidelines issued by Reserve Bank of India in this regard.

2. BOARD OF DIRECTORS

2.1 Composition of the Board: The composition of Board of Directors of the Bank is governed by the provisions of the Banking Regulation Act, 1949,

the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, as amended and the Nationalized Banks Management and Miscellaneous Provisions) Scheme, 1980, as amended.

The composition of Board of Directors of the Bank as on 31st March, 2015 is as under:

Sr. No

Name Position Held No. of equity shares of the Bank

held as on 31.03.2015

No. of member ship in Sub

Committees of the Bank

No. of Directorship held in other

Companies i.e. Other than the

Bank.

No of Membership/ Chairmanship

held in Sub Committees of

the Board in Other Companies

Remarks (nature of

appointment in the Bank

/ other Companies)

1 Sh. Jatinderbir Singh, I.AS

Chairman & Managing Director

NIL 11 1 NIL +

2. Sh M.K.Jain Executive Director NIL 11 NIL NIL *

3. Sh S. R. Mehar Director – MOF Nominee Director

NIL 11 NIL NIL **

4. Sh P.K. Jena Director – RBI Nominee Director

NIL 7 NIL NIL @

5. Sh.Mahesh Kumar Gupta

Non-Official Director(CA-Cat)

NIL 4 NIL NIL ***

6. Sh.Sukhen Pal Babuta

Non-Official Director ( Shareholder Director)

500 3 3 NIL $

7. Sh. M S Sarang Non-Official Director ( Shareholder Director)

1100 3 1 NIL #

8. Sh. Sanjay Verma Non-Official Director NIL 8 NIL NIL ++

9. Smt. Anita Karnavar

Non-Official Director NIL 5 NIL NIL +++

iatkc ,.M fla/ cSad


+ foÙk ea=ky;] Hkkjr ljdkj ds i= fnukad 31 tuojh] 2014 la- ,Q-ua- 4@7@2013&chvks&I dh 'krksaZ ds vuq:i iw.kZdkfyd funs'kd ¼inukfer v/;{k ,oa çca/k funs'kd½ vFkkZr inxzg.k djus dh frfFk 01-02-2014 ;k ckn esa vkSj fnukad 31-12-2017 rd ;kfu fd viuh vf/kof"kZrk dh frfFk rd ;k vkxkeh vkns'kksa rd] buesa ls tks Hkh igys gksA

* foÙk ea=ky;] Hkkjr ljdkj ds i= fnukad 05 vxLr] 2013 la- ,Q-ua- 4@5@2012&chvks&I dh 'krksaZ ds vuq:i 05 o"kZ gsrq iw.kZdkfyd funs'kd vFkkZr inxzg.k djus dh frfFk ;k vkxkeh vkns'kksa rd] buesa ls tks Hkh igys gksA

** foÙk ea=ky;] Hkkjr ljdkj ds i= fnukad 24 flracj] 2014 la- ,Q-ua- 6@3@2012&chvks&I] cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1970@1980 dh /kkjk 9 mi/kkjk ¼3½ ds [kaM ¼ch½ ds rgr rqjar çHkko ls ,oa vxys vkns'k rd funs'kd fu;qäA

@ foÙk ea=ky;] Hkkjr ljdkj ds i= fnukad 31 ebZ] 2013 la- ,Q-ua- 6@34@2013&chvks&I, cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1970@1980 dh /kkjk 9 mi/kkjk ¼3½ ds [kaM ¼lh½ ds rgr rqjar çHkko ls ,oa vxys vkns'k rd funs'kd fu;qäA

*** foÙk ea=ky;] Hkkjr ljdkj ds i= fnukad 30 tuojh] 2013 la- ,Q-ua-6@16@2013&chvks&I] cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1970@1980 dh /kkjk 9 dh mi/kkjk ¼3th½ ds rgr vf/klwpuk ls 3 o"kZ rd ,oa@;k vxys vkns'k rd tks Hkh igys gks] va'kdkfyd xSj&vkf/kdkfjd lkafof/kd ys[kkdkj dh Js.kh ds varxZr funs'kd fu;qäA

$ 'ks;j/kkjdks ds e/; ls] dsaæh; ljdkj ds vykok cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1980 dh /kkjk 9 ¼3½¼i½ tksfd jk"Vªh;—r cSadksa ¼çca/ku ,oa fofHkUu çko/kkuksa½ ;kstuk 1980 rFkk iatkc ,.M fla/k cSad ¼'ks;jksa ,oa cSBdksa½ ls lacaf/kr vf/kfu;e 66¼i½] vf/kfu;e] 2008 [kaM 9 ¼4½ ds rgr vf/klwpuk ls 3 o"kZ rd dh vof/k vFkkZr~ fnukad 01-07-2014 ls funs'kd fu;qäA

# 'ks;j/kkjdks ds e/; ls] dsaæh; ljdkj ds vykok cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1980 dh /kkjk 9 ¼3½ ¼i½ tksfd jk"Vªh;—r cSadksa ¼çca/ku ,oa fofHkUu çko/kkuksa½ ;kstuk 1980 rFkk iatkc ,.M fla/k cSad ¼'ks;jksa ,oa cSBdksa½ ls lacaf/kr vf/kfu;e 66¼i½] vf/kfu;e] 2008 [kaM 9 ¼4½ ds rgr vf/klwpuk ls 3 o"kZ rd dh vof/k vFkkZr~ fnukad 01-07-2014 ls funs'kd fu;qäA

++ foÙk ea=ky;] Hkkjr ljdkj ds i= fnukad 12 vxLr ] 2013 la- ,Q-ua-6@16@2011&chvks&I] cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1970@1980 dh /kkjk 9 dh mi/kkjk ¼3,p½ ,oa ¼3&,½ ds rgr vf/klwpuk ls 3 o"kZ rd ,oa ;k vxys vkns'k rd tks Hkh igys gks] va'kdkfyd xSj&vkf/kdkfjd funs'kd fu;qäA

+++ foÙk ea=ky;] Hkkjr ljdkj ds i= fnukad 30 tuojh] 2014 la- ,Q-ua-6@56@2013&chvks&I] cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1970@1980 dh /kkjk 9 dh mi/kkjk ¼3,p½ ,oa ¼3&,½ ds rgr vf/klwpuk ls 3 o"kZ rd ,oa ;k vxys vkns'k rd tks Hkh igys gks] va'kdkfyd xSj&vkf/kdkfjd funs'kd fu;qäA

2-2 o"kZ ds n©jku funs'kd¨a dh fu;qfä@dk;Z&LkekfIr o"kZ 2014&15 ds nkSjku cSad ds funs'kd eaMy ds xBu esa fuEu ifjorZu gq,%

¼d½ fu;qfä &

» Jh ,e-,e- nkSyk dks cSad ds funs'kd eaMy esa Hkkjr ljdkj] foÙk ea=ky;] foÙkh; lsok,a foHkkx }kjk vf/klwfpr i= fnukad 07-05-2014 la[;k ,Q-ua- 6@3@2012&chvks-I ds ek/;e ls ukfer funs'kd ds :i esa fu;qä fd;k x;kA

» Jh ,l-vkj- esgj dks cSad ds funs'kd eaMy esa Hkkjr ljdkj] foÙk ea=ky;] foÙkh; lsok,a foHkkx }kjk vf/klwfpr i= fnukad 24-09-2014 la[;k ,Q-ua- 6@3@2012&chvks-I ds ek/;e ls ukfer funs'kd ds :i esa fu;qä fd;k x;kA

» fnukad 01-07-2014 dks Jh ,e-,l- lkjax dks cSad ds 'ks;j/kkjdksa dk funs'kd pquk x;kA

» fnukad 01-07-2014 dks Jh ,l-ih- ccwrk dks cSad ds 'ks;j/kkjdksa dk funs'kd pquk x;kA

Punjab & Sind Bank


+ Appointed in terms of GOI MOF letter No F.No.4/7/2013-BO-I dated 31st January 2014 as a whole time Director (designated as Chairman & Mg. Director) w.e.f. the date of taking charge on or after 01.02.2014 and upto 31.12.2017 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier.

* Appointed in terms of GOI MOF letter No F.No.4/5/2012-BO-I dated 5th August 2013 as Executive Director for a period of five years from the date of his taking over charge of the post , or until further orders, whichever is earlier.

** Appointed as Director in terms of GOI MOF letter No F.No.6/3/2012-BO-I dated 24th September 2014 under clause (b) of sub section (3) of section 9 of the The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 with immediate effect and until further orders.

@ Appointed as Director in terms of GOI MOF letter No F.No.6/34/2013-BO-I dated 31st May 2013 under clause (c) of sub section 3 of Section 9 of Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 with immediate effect and until further orders.

*** Appointed as part-time non-official Director under chartered accountant category in terms of GOI MOF letter No F.No 6/16/2013-BO-I dated 30th January 2013 under of sub section (3g) of Section 9 of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 for a period of three years from the date of notification and / or until further orders, whichever is earlier.

$ Elected from amongst the shareholders, other than the Central Government, in terms of Section 9 (3) (i) of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1980 read with Clause 9 (4 ) of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme 1980 and Regulation 66 (i) of Punjab & Sind Bank (Shares & Meetings) Regulations,2008 for a period of 3 years, i.e. from 01.07.2014.

# Elected from amongst the shareholders, other than the Central Government, in terms of Section 9 (3) (i) of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1980 read with Clause 9 (4) of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme 1980 and Regulation 66 (i) of Punjab & Sind Bank (Shares & Meetings) Regulations, 2008 for a period of 3 years, i.e. from 01.07.2014.

++ Appointed as part-time non-official Director in terms of GOI MOF letter No F.No.6/16/2011-BO-I dated 12th August 2013 under of sub section (3h) and (3-A) of Section 9 of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 for a period of three years from the date of notification of his appointment or until further orders, whichever is earlier.

+++ Appointed as part-time non-official Director in terms of GOI MOF letter No F.No.6/56/2013-BO-I dated 30th January 2014 under of sub section (3h) and (3-A) of Section 9 of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 for a period of three years from the date of notification of her appointment or until further orders, whichever is earlier.

2.2 Appointment / Cessation of Directors During The Year:

The constitution of Bank’s Board of Directors underwent the following changes during the year 2014-2015:

[A] Appointment:

◊ Sh. M M Dawla was nominated as MOF Nominee Director of the Bank vide Government of India, Ministry of Finance, Department of Financial Services, New Delhi Notification No.F.No. 6/3/2012-BO-I dated 07.05.2014.

◊ Sh. S R Mehar was nominated as MOF Nominee Director of the Bank vide Government of India, Ministry of Finance, Department of Financial Services, New Delhi Notification No.F.No. 6/3/2012-BO.1 dated 24.09.2014

◊ Sh. M S Sarang was elected as Director from amongst the Shareholders of Punjab & Sind Bank on 01.07.2014

◊ Sh. S P Babuta was elected as Director from amongst the Shareholders of Punjab & Sind Bank on 01.07.2014

iatkc ,.M fla/ cSad


¼[k½ o"kZ ds n©jku Lksokfuo`Rr@R;kxi= nsus okys funs'kd

» Jh ,l-lh- nkl] foÙk ea=ky; ds ukfer funs'kd fnukad 07-05-2014 rd cSad ds cksMZ esa jgsA

» Jh ,l-ih- ccwrk us 'ks;j /kkjdksa ds funs'kd ds :i esa fnukad 02-06-2014 dks viuk dk;Zdky iw.kZ fd;kA

» Jh ,u- jktsUæu us 'ks;j /kkjdksa ds funs'kd ds :i esa fnukad 02-06-2014 dks viuk dk;Zdky iw.kZ fd;kA

» Jh lqjs'k Bkdqj us xSj&vkf/kdkfjd funs'kd ds :i esa fnukad 12-07-2014 dks viuk dk;Zdky iw.kZ fd;kA

» Jh latho vjksM+k us xSj&vkf/kdkfjd funs'kd ds :i esa fnukad 14-07-2014 dks viuk dk;Zdky iw.kZ fd;kA

» Jh ,e-,e- nokys us xSj&vkf/kdkfjd funs'kd ds :i esa fnukad 24-09-2014 dks viuk dk;Zdky iw.kZ fd;kA

» Jh ,l-ih-,l- fodZ us fnukad 22-11-2014 dks dkexkj funs'kd ds :i esa viuk dk;Zdky iw.kZ fd;kA

» Jh fd'kksj dqekj lk¡lh] cSad ds dk;Zdkjh funs'kd dks foÙk ea=ky;] foÙkh; lsok,a foHkkx] Hkkjr ljdkj] ubZ fnYyh dh vf/klwpuk fnukad 31-12-2014 la[;k ,Q-ua- 4@4@2013&chvks&I ¼i½ }kjk fot;k cSad ds çca/k funs'kd rFkk lhbZvks ds :i esa fu;qä fd;k x;kA

2-3 o"kZ 2014&15 ds nkSjku fu;qä funs'kdksa dk ifjp;%

¼d½ Jh ,e-,e] nkSyk

Ø-Lka- C;©jk foLr`r fooj.k

1- iwjk uke Jh ,e-,e- nkSyk

2- firk dk uke Jh vCnqy eku

3- tUe frfFk ,oa vk;q 25-02-1963 rFkk 52 o"kZ

4- orZeku irk 286] y{eh ckbZ uxj] ubZ fnYyh

5- bZ&esy irk [email protected] 'kSf{kd ;ksX;rk ,e-d‚e-] ,ech,

7- funs'kd ds :i esa fu;qfä dk Lo:i foÙk&ea=ky;] ukfer funs'kd

8- vuqHko dsaæh; ljdkj dh lsokvksa esa vuqHko

9- vU; funs'kd inks dk fooj.k] ;fn dksbZ gS

LVsV cSad v‚Q eSlwj esa ljdkj ds ukfer funs'kd

¼[k½ Jh ,l-vkj- esgj


1- iwjk uke Jh lsok jke esgj2- firk dk uke Jh jketh yky3- tUe frfFk ,oa vk;q 02-03-1962 53 o"kZ4- orZeku irk edku ua- 773] lSDVj&3] vkj-ds- iqje] ubZ fnYyh5- bZ&esy irk [email protected]

6- 'kSf{kd ;ksX;rk ,e-,-7- funs'kd ds :i esa fu;qfä dk

Lo:ifoÙk ea=ky; ukfer funs'kd

8- vuqHko dsanzh; lsokvksa esa 28 o"kZ dk vuqHko9- vU; funs'kd inkas dk fooj.k]

;fn dksbZ gS&&

Punjab & Sind Bank


[B] Directors out going / resigned during the year:

◊ Sh. S C Das MOF Nominee Director was on the Board of the Bank up to 07.05.2014.

◊ Sh. S P Babuta completed his term 3as Share Holders Director on 02.06.2014

◊ Sh. N Rajendran completed his term as Share Holders Director on 02.06.2014

◊ Sh. Suresh Thakur completed his term as Non Official Director on 12.07.2014

◊ Sh. Sanjeev Arora completed his term as Non Official Director on 14.07.2014

◊ Sh. M M Dawla MOF Nominee Director was on the Board of the Bank up to 24.09.2014

◊ Sh. S P S Virk completed his term as Workman Director on 22.11.2014.

◊ Sh. Kishore Kumar Sansi, Executive Director of the Bank was appointed as Managing Director & CEO, Vijaya Bank vide Government of India, Ministry of Finance, Department of Financial Services, New Delhi Notification No. F.No.4/4/2013-BO-I (i) dated 31.12.2014.

2.3 Profiles of directors appointed during 2014-15:

[A] Shri M M Dawla

SNO. PARTICULARS DETAIL

1. FULL NAME Sh. M M Dawla

2. FATHER’S NAME Sh. Abdul Mannan

3. DATE OF BIRTH & AGE 25.02.1963 & 52 Years

4. PRESENT ADDRESS 286, Luxmi Bai Nagar, New Delhi

5. EMAIL ADDRESS [email protected]

6. EDUCATIONAL QUALIFICATION M Com, MBA

7. NATURE OF APPOINTMENT AS DIRECTOR

MOF DIRECTOR

8. EXPERIENCE Experience in Central Govt. Service

9. PARTICULARS OF OTHER DIRECTORSHIP (if any)

Govt. Nominee Director in State Bank of Mysore

[B] Shri S R Mehar


1. FULL NAME Sh. Sewa Ram Mehar

2. FATHER’S NAME Sh. Ramji Lal

3. DATE OF BIRTH & AGE 02.03.1962 53 years

4. PRESENT ADDRESS House 773, Sector-3, R.K. Puram, New Delhi


6. EDUCATIONAL QUALIFICATION M.A.


MOF DIRECTOR

8. EXPERIENCE 28 years Experience in Central Govt. Service


-

iatkc ,.M fla/ cSad


¼x½ Jh ,e-,l- lkjax


1- iwjk uke Jh eathr flag lkjax

2- firk dk uke Jh larks[k flag

3- tUe frFkh ,oa vk;q 29-12-1947 67 o"kZ

4- orZeku irk edku ua- 256] lSDVj&10] paMhx<+

5- bZesy irk [email protected]

6- 'kSf{kd ;ksX;rk ,e-,llh-¼v‚ulZ½

7- funs'kd ds :i esa fu;qfä dk Lo:i

'ks;j/kkjd funs'kd

8- vuqHko 43 o"kZ


iatkc LVsV xzsu çksD;wjesaV d‚iksZjs'ku fyfeVsM

¼?k½ Jh ,l-ih- ccwrk


1- iwjk uke lq[ksu iky ccwrk

2- firk dk uke Lo-Jh jktdqekj ccwrk

3- tUe frFkh ,oa vk;q 11-10-1963 52 o"kZ

4- orZeku irk edku la[;k&240] lSDVj 21&,] paMhx<+

5- bZesy irk [email protected]

6- 'kSf{kd ;ksX;rk lunh ys[kkdkj & ,Qlh,] MhvkbZ,l, ¼vkbZ,l,½] ,lh,Qb

7- funs'kd ds :i esa fu;qfä dk Lo:i

'ks;/kkjdksa dk funs'kd

8- vuqHko 28 o"kZ


eSllZ ,l;w,,l ,M;wds'kuy QkmUMs'ku ¼çk-½ fyfeVsM] eSllZ fuvks ,Ld‚V gsYFk lfoZlsl¼çk-½ fy-] eSllZ fgeky;u C;wVh çksMDV ¼çk-½ fy-

2-4 c¨MZ cSBdas %

foÙkh; o"kZ 2014&15 ds nkSjku] cksMZ dh fuEu frfFk;ksa ij dqy 09 cSBdas gqbZ tksfd jk"Vªh;—r cSadksa ¼çca/ku ,oa fofo/k çko/kku½ ;kstuk] 1980 esa fu/kkZfjr 'krZ 12 dh U;wure 06 cSBdksa ds fo#) gSA

10-05-2014 17-07-2014 12-08-2014 19-09-2014 18-10-2014

11-11-2014 20-12-2014 06-02-2015 18-03-2015

Punjab & Sind Bank


[C] Shri M S Sarang


1. FULL NAME Sh. Manjit Singh Sarang

2. FATHER’S NAME Sh. Santokh Singh

3. DATE OF BIRTH & AGE 29.12.1947 67 years

4. PRESENT ADDRESS House No. 256, Sector-10, Chandigarh


6. EDUCATIONAL QUALIFICATION M.Sc. (Hons)


SHAREHOLDERS’ DIRECTOR

8. EXPERIENCE 43 years


Punjab State Grains Procurement Corporation Limited

[D] Shri S P Babuta


1. FULL NAME Shri Sukhen Pal Babuta

2. FATHER’S NAME Late Sh. Raj Kumar Babuta

3. DATE OF BIRTH & AGE 11.10.1963 52 Years

4. PRESENT ADDRESS H.NO. 240 Sector 21-A, Chandigarh


6. EDUCATIONAL QUALIFICATION CHARTERED ACCOUNTANT -FCA, DISA(ISA), ACFE


SHAREHOLDERS’ DIRECTOR

8. EXPERIENCE 28 Years


M/s SUAS Educational Foundation (P) Ltd., M/s Neo Ascot Health Services (P) Ltd., M/s Himalyan Beauty Products (P) Ltd.

2.4 BOARD MEETINGS:

During the Financial Year 2014-15, total 9 Board Meetings were held on the following dates as against minimum of 6 meetings prescribed under Clause 12 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1980.

10.05.2014 17.07.2014 12.08.2014 19.09.2014 18.10.2014

11.11.2014 20.12.2014 06.02.2015 18.03.2015

iatkc ,.M fla/ cSad


mi;qZä funs'kd eaMy dh cSBdksa esa funs'kdksa dh mifLFkfr dk fooj.k fuEu gS tks muds dk;Zdky ls laca) gS%

funs'kd dk uke

vof/ k

muds dk;Zdky ds n©jku

vk;¨ftr cSBdsa

cSBdsa ftuesa

LkgHkkfxrk dhJh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd 01-04-2014 ls 31-03-2015 9 9Jh ds-ds- lkalh & dk;Zdkjh funs'kd 01-04-2014 ls 31-12-2014 7 7Jh ,e-ds- tSu & dk;Zdkjh funs'kd 01-04-2014 ls 31-03-2015 9 9Jh ,e-,e- nkSyk & foÙk ea=ky; ukfer funs'kd 07-05-2014 ls 24-09-2014 4 2Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd 24-09-2014 ls 31-03-2015 5 3Jh ih-ds- tsuk & Hkk-fj-cSa- ukfer funs'kd 01-04-2014 ls 31-03-2015 9 7Jh egs'k dqekj xqIrk & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 31-03-2015 9 7Jh ,u- jktsUæu & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 02-06-2014 1 1Jh lqjs'k Bkdqj & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 12-07-2014 1 1Jh latho dqekj vjksM+k& xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 14-07-2014 1 1Jh ,l-ih-,l- fodZ & dkexkj funs'kd 01-04-2014 ls 22-11-2014 6 6Jh lat; oekZ & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 31-03-2015 9 6Jhefr vfurk d.kkZoj & xSj vkf/kdkfjd funs'kd 01-04-2014 ls 31-03-2015 9 8Jh ,e-,l- lkjax & 'ks;j/kkjd funs'kd 01-07-2014 ls 31-03-2015 8 7Jh ,l-ih- ccwrk & 'ks;j/kkjd funs'kd 01-04-2014 ls 02-06-2014 o

01-07-2014 ls 31-03-20159 9

2-5 vkpkj Lkafgrk% funs'kd eaMy rFkk çeq[k çca/ku dkfeZd vFkkZr~ funs'kdksa ,oa funs'kd ls ,d jSad uhps] ftuesa lHkh egkçca/kd lfEefyr gSa] gsrq

LV‚d ,Dlpsat esa lwphc)rk djkj ds [kaM 49 dh vuqikyuk esa vkpkj lafgrk dks funs'kd eaMy }kjk vuqeksfnr dj fn;k x;k gSA mä vkpkj lafgrk dk cSad dh osclkbV www.psbindia.com ij voyksdu fd;k tk ldrk gSA funs'kd eaMy ds lHkh lnL;ksa ,oa egkçca/kdksa us vkpkj lafgrk ds çfr lgefr O;ä dj nh gSA

3- LkkekU; cSBd% 'ks;j/kkjdksa dh vk;ksftr dh xbZ vafre rhu vke lkekU; cSBdksa dk fooj.k fuEu çdkj gS%

Lo:i fnu rFkk fnukad le; LFky

,-th-,e- 'kfuokj 23-06-2012 9-00 cts çkr% ,;j QkslZ v‚fMVksfj;e] lqczksrks ikdZ] ubZ fnYyh&110010,-th-,e- cq/kokj 26-06-2013 9-00 cts çkr% bafM;k baVjus'kuy lsUVj] 40&eSDl eqyj ekxZ] yks/kh bLVsV] ubZ

fnYyh&110003,-th-,e- lkseokj 30-06-2014 9-00 cts çkr% bafM;k baVjus'kuy lsUVj] 40&eSDl eqyj ekxZ] yks/kh bLVsV] ubZ

fnYyh&110003bZ-th-,e- lkseokj 11-03-2013 9-00 cts çkr% ,;j QkslZ v‚fMVksfj;e] lqczksrks ikdZ] ubZ fnYyh&110010

bZ-th-,e- 'kfuokj 21-12-2013 9-00 cts çkr% bafM;k baVjus'kuy lsUVj] 40&eSDl eqyj ekxZ] yks/kh bLVsV] ubZ fnYyh&110003

bZ-th-,e- 'kqØokj 19-09-2014 10-00 cts çkr% bafM;k baVjus'kuy lsUVj] 40&eSDl eqyj ekxZ] yks/kh bLVsV] ubZ fnYyh&110003

dksbZ Hkh fo'ks"k çLrko foxr~ rhu ,-th-,e- esa Loh—r ugha fd;k x;kA Mkd er ds }kjk foxr~ o"kZ esa dksbZ fo'ks"k çLrko Loh—r ugha fd;k x;kA Mkd er ds ek/;e ls fdlh Hkh çLrko dks Loh—r djkus dk dksbZ çLrko ugha gSA

Punjab & Sind Bank


The details of attendance of the Directors at the aforesaid Board Meetings held during their respective tenure are as under:

Name of the Director Period Meetings held during their tenure

Meetings attended

SH. JATINDERBIR SINGH - CMD 01.04.2014 to 31.03.2015 9 9

SH. K.K.SANSI - ED 01.04.2014 to 31.12.2014 7 7

SH.M.K.JAIN - ED 01.04.2014 to 31.03.2015 9 9

SH. M.M.DAWLA- MOF Nominee Director 07.05.2014 to 24.09.2014 4 2

SH.S.R.MEHAR- MOF Nominee Director 24.09.2014 to 31.03.2015 5 3

SH. P.K.JENA- RBI Nominee Director 01.04.2014 to 31.03.2015 9 7

SH. MAHESH KUMAR GUPTA- Non-Official Director 01.04.2014 to 31.03.2015 9 7

SH. N.RAJENDRAN- Shareholders’ Director 01.04.2014 to 02.06.2014 1 1

SH.SURESH THAKUR – Non Official Director 01.04.2014 to 12.07.2014 1 1

SH.SANJEEV KUMAR ARORA - Non Official Director 01.04.2014 to -14.07.2014 1 1

SH.S.P.S.VIRK –Workman Director 01.04.2014 to 22.11.2014 6 6

SH.SANJAY VERMA – Non Official Director 01.04.2014 to 31.03.2015 9 6

SMT.ANITA KARNAVAR – Non Official Director 01.04.2014 to 31.03.2015 9 8

SH.M.S.SARANG- Shareholders’ Director 01.07.2014 to 31.03.2015 8 7

SH.S.P.BABUTA –Shareholders’ Director 01.04.2014 to 02.06.14 & 01.07.2014 to 31.03.2015

9 9

2.5 Code of Conduct:

The Code of Conduct for Board of Directors and key Management Personnel i.e. Directors & one rank below Director comprising all General Managers has been approved by the Board of Directors in compliance of Clause 49 of the Listing Agreement with Stock Exchanges. The said Code of Conduct is hosted on Bank’s website www.psbindia.com. All the Board Members and General Managers have since affirmed the compliance of the Code.

3. General Meeting:

Details of last three General Body Meetings of the shareholders held are given below:

Nature Day & Date Time Venue

AGM Saturday 23.06.2012 9.00 a.m. Air Force Auditorium, Subroto Park, New Delhi-110 010

AGM Wednesday 26.06.2013 9.00 a.m. India International Centre, 40-Max Mueller Marg, Lodhi Estate, New Delhi-110003

AGM Monday 30.06.2014 9.00 a.m. India International Centre, 40-Max Muller Marg,Lodhi Estate, New Delhi-110003

EGM Monday 11.03.2013 9.00 a.m. Air Force Auditorium, Subroto Park, New Delhi-110 010EGM Saturday 21.12.2013 9.00 a.m. India International Centre, 40-Max Mueller Marg,

Lodhi Estate, New Delhi-110003EGM Friday 19.09.2014 10.00 a.m. India International Centre, 40-Max Mueller Marg,

Lodhi Estate, New Delhi-110003

No Special Resolution was passed in the previous three AGMs. No Special Resolution was passed last year through postal ballot. No Special Resolution is proposed to be conducted through postal ballot.

iatkc ,.M fla/ cSad


3-1- okÆ"kd LkkekU; cSBd%

cSad ds 'ks;j/kkjdksa dh pkSFkh okf"kZd lkekU; cSBd 30 twu] 2014 dks ubZ fnYyh esa vk;ksftr gqbZ ftlesa fuEu funs'kd mifLFkr Fks%

Jh tfrUnjchj flag v/;{k ,oa çca/k funs'kdJh ,e-ds- tSu dk;Zdkjh funs'kdJh ds-ds- lkalh dk;Zdkjh funs'kdJh egs'k dqekj xqIrk funs'kdJh lqjs'k Bkdqj funs'kdJh latho dqekj vjksM+k funs'kdJh ,l-ih-,l- fodZ funs'kd

3-2- vLkk/ kkj.k LkkekU; cSBd %

fnukad 19-09-2014 dks cSad dh vlk/kkj.k lkekU; cSBd Hkkjr ljdkj ¼th-vks-vkbZ-½] foÙkh; laLFkkuksa] ,y-vkbZ-lh-] th-vkbZ-lh- vkSj bldh lgk;d daifu;ksa ds fy, bfDoVh 'ks;jksa dks vf/keku vk/kkj ij vkcafVr vkSj tkjh djus ij fopkj djus ,oa Loh—r djus dk fo'ks"k çLrko ikl djus ds fy, vk;ksftr dh xbZ A cSad dh vlk/kkj.k lkekU; cSBd esa ikfjr çLrko dh 'krksaZ ds vuqlkj #-10@& vafdr ewY; ds 9]46]90]563 bfDoVh 'ks;jksa dks vf/keku vk/kkj ij vkcafVr fd;k x;k ¼#- 200 djksM+ ds csfe;knh xSj lap;h vf/keku 'ks;j ¼ih,ulhih,l½] #- 200 djksM+ ds csfe;knh lap;h vf/keku 'ks;j ¼ihlhih,l½] rFkk #- 160 djksM+ ds uoksUes"kh csfe;knh _.k fyf[kr ¼vkbZihMhvkbZ½ dks fofues; djus ij½ vkSj rFkk Hkkjrh; thou chek fuxe dks udn Hkqxrku ij #- 10@& vafdr ewY; ds 3]04]36]252 bDoVh 'ks;jksa dks fnukad 30-09-2014 dks vf/keku vk/kkj ij #- 59-14 ¼#- 49-14 ds çhfe;e lfgr½ ij vkcafVr fd;k x;kA

4- funs'kd¨a dh Lkfefr % cSad ds funs'kd eaMy us d‚jiksjsV xousaZl rFkk tksf[ke çca/ku ç.kkyh ij Hkkjr ljdkj rFkk Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kkuqlkj

dk;Zuhfr ds egRoiw.kZ {ks=ksa ij fuxjkuh j[kus ds fy, funs'kdksa dh fofHkUu lfefr;ksa dk xBu fd;k gSA cksMZ desVh dh cSBdksa ds nkSjku çca/ku oxZ ekuo lalk/ku@vkS|ksfxd laca/k ds ifjpkyu] fu"iknu fodkl ij fopkj&foe'kZ ds lkFk&lkFk {ks=h; fodkl] mRiknu ds dk;Z fu"iknu] voljksa] pqukSfr;ksa] tksf[keksa vkSj mlls lacaf/kr vko';drkvksa ds fo'ys"k.k ij tksj fn;k gSA funs'kd eaMy }kjk xfBr egRoiw.kZ lfefr;ka fuEu gSa&

Ø-Lka- Lkfefr dk uke1- funs'kd eaMy dh çca/ku lfefr ¼,elh½2- cksMZ dh ys[kk ijh{kk lfefr ¼,lhch½3- cM+h jkf'k dh /kks[kk/kM+h fuxjkuh laca/kh lfefr4- lrdZrk lfefr5- tksf[ke çca/ku lfefr6- xzkgd lsok lfefr7- ikfjJfed lfefr8- va'k/kkjd laidZ lfefr9- ukekadu lfefr10- lwpuk çkS|ksfxdh ;kstuk lfefr11- dk;Zikydksa dh iíksUufr ij funs'kdksa dh lfefr12- vihy@leh{kk çkf/kdkjh ij funs'kdksa dh lfefr13- ekuo lalk/ku fodkl lfefr14- olwyh dh fuxjkuh lfefr15- 'ks;j/kkjd funs'kd pquko lfefr & lkoZtfud {ks= ds cSad esa ernku

Punjab & Sind Bank


3.1. Annual General Meeting :

The Fourth Annual General Meeting of the shareholders of the Bank was held on 30th June, 2014 at New Delhi, where the following Directors were present :

Sh. Jatinderbir Singh Chairman and Managing Director

Sh. M.K.Jain Executive Director

Sh. K.K.Sansi Executive Director

Sh. Mahesh Kumar Gupta Director

Sh. Suresh Thakur Director

Sh. Sanjiv Kumar Arora Director

Sh. S.P.S.Virk Director

3.2. Extra Ordinary General Meeting :

Extra Ordinary General Meeting of the Bank was held on 19.09.2014 to consider and pass a Special Resolution for preferential issue of equity shares to the Government of India [GOI], Financial Institutions, LIC of India, GIC of India and its subsidiary companies. In terms of resolution passed at the EGM, Government of India was allotted 9,46,90,563 equity shares of Rs. 10/- each @ Rs.59.14 including a premium of Rs.49.14 per share aggregating to Rs.560,00,00,000 (by way of conversion of Innovation Perpetual Debt Instruments for Rs.160 crore, Perpetual Cumulative Preference Shares for Rs.200 crore and Perpetual Non-Cumulative Preference Shares for Rs. 200 crore held by the Govt. of India) and were allotted to the Govt. of India and Life Insurance Corporation of India was allotted 3,04,36,252 equity shares of Rs. 10/- each @ Rs.59.14 including a premium of Rs.49.14 per share for cash on 30.09.2014 on preferential basis.

4. COMMITTEE OF DIRECTORS: The Board of Directors of the Bank has constituted various Committees of Directors to look into different areas of

strategic importance in terms of Reserve Bank of India and Government of India guidelines on Corporate Governance and Risk Management. The Management lays emphasis on the analysis of sectoral development, segment / product performance, opportunities, threats, risks & associated concern, besides operational performance & development of HR / IR in the discussions during the Board / Committee Meetings. The important Committees of the Board are as under:

SNo Name of the Committee1. Management Committee of the Board (MC)2. Audit Committee of Board (ACB)3. Committee for Monitoring Large Value Frauds4. Vigilance Committee5. Risk Management Committee6. Customer Service Committee7. Remuneration Committee 8. Stakeholders Relationship Committee9. Nomination Committee

10. I T Strategy Committee11. Committee of the Board on Executives’ Promotions 12. Committee of the Board on Appellate / Reviewing Authority13. HR Committee14. Committee for Monitoring of Recovery15. Election of Shareholder Director Committee-Voting by Public Sector Bank

iatkc ,.M fla/ cSad


4-1- funs'kd eaMy dh Áca/ ku Lkfefr %

cksMZ dh çca/ku lfefr dk xBu foÙk ea=ky;] Hkkjr ljdkj }kjk fd, x, la'kks/kuksa ds lkFk ifBr jk"Vªh;—r cSad ¼çca/ku ,oa fofo/k çko/kku½ ;kstuk] 1980 ¼;Fkk la'kksf/kr½ ds [kaM & 13 ds vuqlj.k esa fd;k x;k gS tks vR;f/kd egRoiw.kZ dkjksckjh ekeys rFkk vf/kd jkf'k ds _.k çLrko eatwj djus] le>kSrk&cêk [kkrk çLrko] iwathxr ,oa jktLo O;; dh Loh—fr] ifjlj] fuos'k] nku vkfn ij fopkj djrh gSA

lfefr esa v/;{k ,oa çca/k funs'kd] dk;Zdkjh funs'kd vkSj /kkjk 9¼3½¼lh½ ,oa 9¼3½¼th½ ds rgr Hkkjr ljdkj }kjk ukfer funs'kdksa rFkk cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1980 dh /kkjk 9¼3½ dh mi/kkjk ¼bZ½¼,Q½¼,p½ o ¼vkbZ½ ds v/khu fu;qä funs'kdksa esa ls rhu funs'kdksa dk lekos'k gSA

31 ekpZ] 2015 dks lfefr dh lajpuk bl çdkj gS&

Ø-Lka- funs'kd dk uke

1- Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd

2- Jh ,e-ds- tSu & dk;Zdkjh funs'kd

3- Jh çfnIrk dqekj >k & Hkk-fj-cSa- ukfer funs'kd

4- Jh lq[ksu iky ccwrk & xSj&vkf/kdkfjd funs'kd

5- Jh lat; oekZ & xSj&vkf/kdkfjd funs'kd

foÙkh; o"kZ 2014&15 ds nkSjku cksMZ dh çca/ku lfefr dh fuEukafdr frfFk;ksa ij 12 cSBd dk vk;kstu gqvk %

09-05-2014 20-06-2014 17-07-2014 12-08-2014 20-09-201418-10-2014 21-11-2014 20-12-2014 27-12-2014 06-02-201518-03-2015 28-03-2015

funs'kd lnL;ksa dh muds dk;Zdky ds nkSjku lfefr dh vk;ksftr mä cSBdksa esa mudh mifLFkfr laca/kh fooj.k fuEu gS&

funs'kd dk uke

vof/ k


vk;¨ftr cSBdsa

cSBdsa ftuesa

LkgHkkfxrk dhJh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd 01-04-2014 ls 31-03-2015 12 11Jh ds-ds- lkalh & dk;Zdkjh funs'kd 01-04-2014 ls 31-12-2014 9 9Jh ,e-ds- tSu & dk;Zdkjh funs'kd 01-04-2014 ls 31-03-2015 12 12Jh ih-ds- tsuk & Hkk-fj-cSa- ukfer funs'kd 30-01-2014 ls 31-03-2015 12 9Jh egs'k dqekj xqIrk 01-04-2014 ls 06-02-2015 9 7Jh lq[ksu iky ccwrk 01-04-2014 ls 10-05-2014

06-02-2015 ls 31-03-20154 4

Jh latho dqekj vjksM+k 01-04-2014 ls 14-07-2014 2 2Jh lat; oekZ 01-04-2014 ls 13-06-2014

23-11-2014 ls 31-03-20156 4

Jh lqjs'k Bkdqj 01-04-2014 ls 12-07-2014 2 2Jh ,l-ih-,l- fodZ 17-07-2014 ls 22-11-2014 5 5Jh ,e-,l- lkjax 17-07-2014 ls 16-01-2015 7 6Jhefr vfurk d.kkZoj 17-07-2014 ls 16-01-2015 7 6

Punjab & Sind Bank


4.1. Management Committee of the Board:

In pursuance of Clause 13 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1980 (as amended) read with the amendments made by the Ministry of Finance, Government of India, a Management Committee of the Board has been constituted to consider various business matters of material significance like sanction of high value credit proposals, compromise / write-off proposals, sanction of capital and revenue expenditure, premises, investments, donations etc.

The Committee mandate to consist of Chairman and Managing Director , Executive Director and Directors nominated by Government of India under Section 9 (3) (c) and besides three Directors from amongst those appointed under sub section (e) (f) (h) and (i) of section 9(3) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.

The composition of the committee as on 31st March 2015 is as under:

SNo Name of the Director1. Sh. Jatinderbir Singh- Chairman & Managing Director2. Sh. M.K.Jain – Executive Director3. Sh Pradipta.K. Jena – RBI Nomiinee Director 4. Sh Sukhen Pal Babuta – Non-Official Director5. Sh. Sanjay Verma– Non-Official Director

During the Financial Year 2014-15, the Management Committee of the Board met on 12 occasions on the following dates:

09.05.2014 20.06.2014 17.07.2014 12.08.2014 20.09.2014

18.10.2014 21.11.2014 20.12.2014 27.12.2014 06.02.201518.03.2015 28.03.2015

The details of attendance of the Directors at the aforesaid Meetings of the Committee held during their respective tenure are as under:

Name of the Director Period Meetings held during their

tenure

Meetings attended

Sh. Jatinderbir Singh– CMD 01.04.2014 to 31.03.2015 12 11

Sh. K.K.Sansi– ED 01.04.2014 to 31.12.2014 9 9

Sh. M.K.Jain– ED 01.04.2014 to 31.03.2015 12 12

Sh. P K Jena-RBI Nominee 01.04.2014 to 31.03.2015 12 9

Sh. Mahesh Kumar Gupta 01.04.2014 to 06.02.2015 9 7

Sh. Sukhen Pal Babuta 01.04.2014 to 10.05.2014, 06.02.2015 to 31.03.2015

4 4

Sh. Sanjiv Kumar Arora 01.04.2014 to 14.07.2014 2 2

Sh. Sanjay Verma 01.04.2014 to 13.06.2014 23.11.2014 to 31.03.2015

6 4

Sh. Suresh Thakur 01.04.2014 to 12.07.2014 2 2

Sh. S.P.S.Virk 17.07.2014 to 22.11.2014 5 5

Sh. M S Sarang 17.07.2014 to 16.01.2015 7 6

Smt. Anita Karnavar 17.07.2014 to 16.01.2015 7 6

iatkc ,.M fla/ cSad


4-2- c¨MZ dh ys[kk ijh{kk Lkfefr ¼,Lkhch½

cSad us d‚iksZjsV xousaZl ds ewy fl)karksa ds vuq:i vkSj Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuqlj.k esa] cksMZ dh ys[kk ijh{kk lfefr xfBr dh gSA ,d xSj dk;Zdkjh funs'kd tksfd lunh ys[kkdkj gS] lfefr dk v/;{k gSA

31-03-2015 dks lfefr dh lajpuk bl çdkj gS%

1- Jh egs'k dqekj xqIrk & funs'kd ¼v/;{k½

2- Jh ,e-ds- tSu & dk;Zdkjh funs'kd

3- Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd

4- Jh ih-ds- tsuk & Hkk-fj-cSa- ukfer funs'kd

5- Jh ,l-ih- ccwrk & 'ks;j/kkjd funs'kd

foÙkh; o"kZ 2014&15 ds nkSjku cksMZ dh ,lhch dh 08 voljksa ij cSBds fuEufyf[kr frfFk;ksa ij vk;ksftr dh xbZ%

15-04-2014 09-05-2014 12-08-2014 19-09-2014 11-11-2014 27-12-2014

06-02-2015 17-03-2015

funs'kd lnL;ksa dh muds dk;Zdky ds nkSjku lfefr dh vk;ksftr mä cSBdksa esa mudh mifLFkfr fooj.k fuEu gS%

Ø-Lka- funs'kd dk uke vof/ k

muds dk;Zdky ds n©jku vk;¨ftr

cSBdsa

cSBdsa ftuesa LkgHkkfxrk

dh

1- Jh lq[ksu iky ccwrk 17-07-2014 ls 31-03-2015 6 5

2- Jh ,e-,e- nkSyk&foÙk ea=ky; ukfer funs'kd 07-05-2014 ls 24-09-2014 2 1

3- Jh ds-ds- lkalh&dk;Zdkjh funs'kd 01-04-2014 ls 31-12-2014 6 6

4- Jh ,e-ds- tSu&dk;Zdkjh funs'kd 01-04-2014 ls 31-03-2015 8 8

5- Jh ,l-lh- nkl&foÙk ea=ky; ukfer funs'kd 01-04-2014 ls 07-05-2014 1 1

6- Jh ,l-vkj- esgj&foÙk ea=ky; ukfer funs'kd 24-09-2014 ls 31-03-2013 4 3

7- Jh ih-ds- tsuk&Hkk-fj-cSad ukfer funs'kd 01-04-2014 ls 31-03-2015 8 7

8- Jh egs'k dqekj xqIrk&¼v/;{k fnukad 01-04-2014 ls 17-07-2014 rFkk 06-02-2015 ls 31-03-2015½

01-04-2014 ls 17-07-2014 06-02-2015 ls 31-03-2015

3 3

9- Jh latho dqekj vjksM+k 01-04-2014 ls 14-07-2014 2 2

10- Jh lat; oekZ ¼v/;{k&fnukad 17-07-2014 ls 06-02-2015½

17-07-2014 ls 06-02-2015 5 4

ys[kk ijh{kk lfefr dk] vU; ckrksa ds lkFk&lkFk] çeq[k dk;Z cSad dh foÙkh; lwpuk ç.kkyh dh leh{kk vkSj vkdyu djuk gS rkfd ;g lqfuf'pr gks lds fd foÙkh; foojf.k;ka lgh] mi;qä vkSj fo'oluh; gSaA ;g lfefr cksMZ dks çLrqr djus ls igys frekgh@okf"kZd foÙkh; foojf.k;ksa dh çca/ku ds lkFk leh{kk djrh gSA

Punjab & Sind Bank


4.2. Audit Committee of Board (ACB):

The Bank, in consonance with the fundamentals of Corporate Governance and in pursuance of directives of the Reserve Bank of India, has constituted an Audit Committee of the Board. A Non-Executive Director, who is a Chartered Accountant, is the Chairman of the Committee.

The composition of the Committee as on 31st March, 2015 is as under:

(i) Sh Mahesh Kumar Gupta - Director (Chairperson)

(ii) Sh M.K.Jain – Executive Director

(iii) Sh S R Mehar – Director (MOF)

(iv) Sh P. K.Jena – RBI Nominee Director

(v) Sh S P Babuta - Share Holder Director

During the Financial Year 2014-15, the Audit Committee of the Board (ACB) met on 08 occasions on the dates given below:

15.04.2014 09.05.2014 12.08.2014 19.09.2014 11.11.2014 27.12.2014

06.02.2015 17.03.2015

The details of attendance of the Directors at the Meetings of the Committee held during their respective tenure are as under:

Sr. No Name of the Director Period

Meeting held

during their tenure

Meeting attended

1. Sh Sukhen Pal Babuta 17.07.2014 to 31.03.2015 6 5

2. Sh.M.M.Dawla- MoF Nominee Director 07.05.2014 to 24.09.2014 2 1

3. Sh. K K Sansi - ED 01.04.2014 to 31.12.2014 6 6

4. Sh. M K Jain - ED 01.04.2014 to 31.03.2015 8 8

5. Sh. S C DAS-MoF Nominee Director 01.04.2014 to 07.05.2014 1 1

6. Sh S.R.Mehar– MoF Nominee Director 24.09.2014 to 31.03.2015 4 3

7. Sh P.K.Jena- RBI Nominee Director 01.04.2014 to 31.03.2015 8 7

8. Sh Mahesh Kumar Gupta (Chairperson w.e.f. 01.04.2014 to 17.07.2014 & 06.02.2015 to 31.03.2015)

01.04.2014 to 17.07.2014, 06.02.2015 to 31.03.2015

3 3

9. Sh.Sanjiv Kumar Arora 01.04.2014 to 14.07.2014 2 2

10. Sh. Sanjay Verma (Chairperson w.e.f. 17.07.2014 to 06.02.2015)

17.07.2014 to 06.02.2015 5 4

The main functions of Audit Committee inter-alia include assessing and reviewing the financial reporting system of the Bank to ensure that the financial statements are correct, sufficient and credible. It reviews and recommends to the Management the quarterly / annual financial statements before their submission to the Board.

iatkc ,.M fla/ cSad


;g ys[kk ijh{kk lfefr fn'kk&funsZ'k nsrh gS rFkk cSad ds lexz ys[kk ijh{kk dk;ksZ dh leh{kk djrh gS ftlesa laxBu ifjpkyu rFkk vkarfjd ys[kk ijh{kk dh xq.koÙkk fu;a=.k] dk;Z vkarfjd fu;a=.k nks"k vkSj cSad dh vkarfjd fujh{k.k O;oLFkk] cSad dh lkafof/kd@cká ys[kk ijh{kk laca/kh vuqorhZ dkjZokbZ rFkk Hkkjrh; fjt+oZ cSad ds fujh{k.k lfEefyr gSA

lfefr vkarfjd fu;a=.k ç.kkyh] vkarfjd ys[kk ijh{kk foHkkx dh lajpuk] bldh LVkQ lajpuk dh leh{kk Hkh djrh gS vkSj fdlh egRoiw.kZ [kkst ds laca/k esa vkarfjd ys[kk ijh{kdksa@fujh{kdksa ds lkFk fopkj&foe'kZ rFkk ml ij vuqorhZ dkjZokbZ djrh gSA ;g cSad dh foÙkh; o tksf[ke çca/ku uhfr;ksa dh leh{kk Hkh djrh gSA

lkafof/kd ys[kk ijh{kk ds lanHkZ esa ys[kk ijh{kk lfefr] okf"kZd@frekgh foÙkh; [kkrksa ,oa fjiksVksaZ dks vafre nsus ls iwoZ] dsaæh; lkafof/kd ys[kk ijh{kdksa ds lkFk fopkj&foe'kZ djrh gSA ;g lfefr ykax QkeZ v‚fMV fjiksVZ ¼LFAR½ dh fofHkUu enksa ij vuqorhZ dkjZokbZ Hkh djrh gSA

4-3 cM+h jkf'k ds /kks[kk/kM+h ekeyksa dh fuxjkuh lfefr%

Hkkjrh; fjt+oZ cSad us vius i= fnukad 14 tuojh] 2004 la- vkjchvkbZ@2004-5- Mhch,l-,Qthoh¼,Q½ ua-1004@23-04-01,@2003&04 ds ek/;e ls /kks[kk/kM+h dk irk yxkus] fu;ked rFkk çorZu ,tsafl;ksa dks mldh lwpuk vkSj /kks[kk/kM+h ds vijk/kh ij —R; ds fo:) dkjZokbZ tSls fofHkUu igyqvksa esa foyEc ds fo"k; esa lwfpr fd;k FkkA vr% ;g lq>ko fn;k x;k fd cksMZ dh ,d mi lfefr xfBr dh tk, tks fd dsoy 1 djksM+ ds :i, vkSj mlls Åij dh jkf'k dh /kks[kk/kM+h laca/kh ekeyks dh fuxjkuh rFkk vuqorhZ dkjZokbZ dk dk;Z gh djsxhA cksMZ dh ys[kk ijh{kk lfefr lkekU;r% /kks[kk/kM+h ds lHkh ekeyksa dh fuxjkuh tkjh j[ksxhA

lfefr ds eq[; dk;ksZ esa vU; ckrksa ds lkFk&lkFk 1 djksM+ :i, vkSj mlds Åij dh jkf'k dh /kks[kk/kM+h dh fuxjkuh rFkk leh{kk lfEefyr gS rkfd

» /kks[kk/kM+h ds vkijkf/kd —R; esa ç.kkyhxr [kkfe;ksa dk irk yxkus vkSj mu ij fu;a=.k djus ds mik; fd, tk ldsA

» /kks[kk/kM+h ds irk yxkus esa foyac ds dkj.kksa dh igpku rFkk cSad ,oa Hkkjrh; fjt+oZ cSad ds mPp çca/kdksa dks mldh fjiksfVaZxA

» lhchvkbZ@iqfyl tkap&iM+rky dh çxfr rFkk olwyh dh fLFkfrA lqfuf'pr djuk fd /kks[kk/kM+h ds lHkh ekeyksa esa lHkh Lrjksa ij LVkQ mÙkjnkf;Ro dk ijh{k.k gks vkSj LVkQ ij dkjZokbZ ;fn visf{kr gks rks vfoyac gksA

» /kks[kk/kM+h dh iqujko`fÙk ds fuokj.k gsrq dh xbZ mipkjkRed dkjZokbZ dh çHkkoksRikndrk dh leh{kk ;Fkk vkarfjd fu;a=.k dks l'kä djuk

» /kks[kk/kM+h ds f[kykQ fuokjd mik;ksa dks l'kä djus gsrq ;Fkko';d vU; mik;ksa dks djukA

31 ekpZ] 2015 dks lfefr dh lajpuk fuEu gS%

Ø-Lka- funs'kd dk uke

(i) Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd

(ii) Jh ,e-ds- tSu & dk;Zdkjh funs'kd

(iii) Jhefr vfurk d.kkZoj & xSj&vkf/kdkfjd funs'kd

(iv) Jh egs'k dqekj xqIrk & xSj&vkf/kdkfjd funs'kd

(v) Jh lat; oekZ & xSj&vkf/kdkfjd funs'kd

(vi) Jh ,l-vkj- esgj & funs'kd ¼foÙk ea=ky;½

foÙkh; o"kZ 2014&15 ds nkSjku lfefr dh 4 cSBds vk;ksftr dh xbZ ftudk fooj.k fuEu gS%

09-05-2014 18-07-2014 19-12-2014 17-03-2015

Punjab & Sind Bank


The Audit Committee provides directions and oversees the operations of total audit functions of the Bank including the organization, operation and quality control of internal audit, internal control weaknesses and inspection within the Bank and follow-up of the suggestions of Statutory/External audit of the Bank and RBI inspections.

The Committee also reviews the adequacy of internal control systems, structure of internal audit department, its staffing pattern and hold discussions with the internal auditors / inspectors on any significant finding and follow-up action thereon. It further reviews the financial and risk management policies of the Bank.

As for Statutory Audit, the Audit Committee interacts with the Statutory Central Auditors before finalization of Quarterly / Year to date / Annual Financial Results and Reports. It also maintains follow up on various issues raised in the Long Form Audit Report (LFAR).

4.3 Committee for Monitoring of Large Value Frauds:

Reserve Bank of India vide its letter No.RBI/2004.5.DBS.FGV(F)No.1004/23.04.01A/2003-4 dated 14th January, 2004 informed about the delay in various aspects of frauds like detection, reporting to regulatory and enforcement agencies and action against the perpetrators of the frauds. It was therefore, suggested to constitute a Sub-committee of the Board, which would be exclusively dedicated to monitor and follow up of fraud cases of Rs.1.00 crore and above. The Audit Committee of the Board will continue to monitor all the cases of frauds in general.

The major functions of the Committee, inter-alia, include monitoring and review of all the frauds of Rs.1.00 crore and above so as to:

◊ Identify the systemic lacunae if any that facilitated perpetration of the fraud and put in place measures to plug the same

◊ Identify the reasons for delay in detection, if any, reporting to top management of the Bank and RBI

◊ Monitor progress of CBI/Police investigation and recovery position Ensure that staff accountability is examined at all levels in all the cases of frauds and staff side action, if required, is completed quickly without loss of time

◊ Review the efficacy of the remedial action taken to prevent recurrence of frauds, such as strengthening of internal controls and

◊ Put in place other measures as may be considered relevant to strengthen Preventive measures against frauds.


Sr. No. Name of the Director

1. Shri Jatinderbir Singh- CMD

2. Shri M.K Jain – Execuitve Director

3. Smt. Anita Karnavar – Non Official Director

4. Shri Mahesh Kumar Gupta- Non- Official Director

5. Shri Sanjay Verma- Non- Official Director

6. Shri S.R.Mehar – Director (MOF)

The Committee met four times during the Financial Year 2014-15 as per the details below:

09.05.2014 18.07.2014 19.12.2014 17.03.2015

iatkc ,.M fla/ cSad


funs'kdksa dk mudh vof/k ds nkSjku mifLFkrh dk fooj.k bl çdkj gS%

uke

dk;Zdky

muds dk;Zdky ds n©jku vk;¨ftr cSBd¨a dh Lka[;k

cSBd¨a esa LkgHkkfxrk

Jh tfrUnjchjflag & v/;{k ,oa çca/k funs'kd 01-04-2014 ls 31-03-2015 4 4Jh ds-ds- lkalh & dk;Zdkjh funs'kd 17-07-2014 ls 31-12-2014 2 2Jh ,e-ds- tSu & dk;Zdkjh funs'kd 17-07-2014 ls 31-03-2015 3 3Jh egs'k dqekj xqIrk&xSj & vkf/kdkfjd funs'kd 01-04-2014 ls 31-03-2015 4 3Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd 24-09-2014 ls 31-03-2015 2 1Jh ,e-,e- nkSyk & foÙk ea=ky; ukfer funs'kd 07-05-2014 ls 24-09-2014 1 0Jh lq[ksu iky ccwrk&xSj & vkf/kdkfjd funs'kd 01-04-2014 ls 02-06-2014 1 1Jh lat; oekZ&xSj & vkf/kdkfjd funs'kd 01-04-2014 ls 31-01-2015 4 1Jh ,l-ih-,l- fodZ & dkexkj funs'kd 03-06-2014 ls 22-11-2014 1 1Jh ,l-lh- nkl & foÙk ea=ky; ukfer funs'kd 01-04-2014 ls 07-05-2014 0 0Jhefr vfurk d.kkZoj & xSj&vkf/kdkfjd funs'kd 23-11-2014 ls 31-03-2015 2 2

Hkkjrh; fjt+oZ cSad us vius i= fnukad 16-09-2009 la- Mhch,l-lhvks-,Qvkj,elh- ua- 7@23-04-001@2009&10 }kjk lwfpr fd;k gS fd /kks[kk/kM+h ds ekeyksa esa vko';d dkjZokbZ djus gsrq çHkkoh tkap dh tk, vkSj bldh rqjar lwpuk lgh çkf/kdkjh dks nh tk,A Hkkjrh; fjt+oZ cSad dh lykg ij] cSad us ç/kku dk;kZy; fujh{k.k foHkkx ds varxZr~ 1 djksM+ :i, vkSj mlls Åij ds ekeyksa dk fo'ks"k dk;Z djus gsrq dsaæh; l?ku ifjpkyu bdkbZ dh LFkkiuk dh gSA

fnukad 12-12-2012 ds cksMZ ladYi la[;k 20214 ds vuqlkj] ,d Lora= u, foHkkx Þ/kks[kk/kM+h fuxjkuh foHkkxß dh fnukad 07-02-2013 dks ,d gh LFkku ij LFkkiuk dh xbZ gS rkfd fd, x, ç;klksa esa fdlh çdkj dh dksrkgh vkSj deh u gks ldsA iwoZ esa /kks[kk/kM+h ds ekeyksa dh nks LFkkuksa ij ns[kHkky dh tkrh Fkh vFkkZr~ #-1 djksM+ ,oa mlls Åij ds ekeyksa dks ç/kku dk;kZy; fujh{k.k foHkkx tcfd #-1 djksM+ ls de jkf'k ds ekeyksa dh ns[kHkky ç-dk- lrdZrk foHkkx }kjk dh tkrh FkhA u, çko/kku ls /kks[kk/kM+h ds ekeyksa dh utnhd ls fuxjkuh] iqjkus /kks[kk/kM+h ds ekeyksa ij rqjar dkjZokbZ vkSj çHkkoh vuqorhZ dkjZokbZ ds lkFk ckj&ckj gksus okyh /kks[kk/kM+h dks jksdus gsrq fujks/kkRed mik; fd, tk ldsaxs vkSj ftlls Hkkjrh; fjt+oZ cSad dks le; ls /kks[kk/kM+h dh lwpuk nh tk ldsxhA

cksMZ dh fo'ks"k lfefr ¼,l-lh-ch-½ ds funsZ'kksa ds vuqlkj] /kks[kk/kM+h ds ekeyksa esa gks jgh o`f) ds dkj.k fo'ks"kdj tgk¡ laifÙk dks çfrHkwfr ds :i esa j[kk tkrk gS] ,d lfefr dk xBu fd;k x;k gSA laifÙk dk ewY;kadu] gd foys[k dh okLrfodrk vkSj cgqfo/k ca/khdj.k ,sls igpkus x, eq[; {ks= gSaA

4-4 LkrdZrk Lkfefr % foÙk ea=ky; ds i= fnukad 24-10-1990 la- 10@12@90@lrdZrk@lhohvks dh 'krksZ ds vuq:i] cSad us lrdZrk laca/kh dk;ksZ

dh leh{kk ds –f"Vdks.k ls] lrdZrk vuq'kklu laca/kh ekeyksa ds rqjar fuiVku gsrq çHkkoh fuxjkuh vkStkj ds :i esa cksMZ dh ,d lrdZrk lfefr dk fuEu lnL;ksa ds lkFk xBu fd;k gSA

Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd

Jh ,e-ds- tSu & dk;Zdkjh funs'kd

Jh ih-ds- tsuk & Hkkjrh; fjt+oZ cSad ukfer funs'kd

Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd

foÙkh; o"kZ 2014&15 esa lfefr dh fuEu frfFk;ksa ij cSBds gqbZ%

17-07-2014 19-09-2014 19-12-2014 17-03-2015

Punjab & Sind Bank


The details of attendance of directors during their tenure are as under:


Meetings Attended

Shri Jatinderbir Singh-CMD 01.04.2014 to 31.03.2015 4 4

Shri K.K.Sansi – Executive Director 17.07.2014 to 31.12.2014 2 2

Shri M.K.Jain – Executive Director 17.07.2014 to 31.03.2015 3 3

Shri. Mahesh Kumar Gupta- Non-Official Director 01.04.2014 to 31.03.2015 4 3

Shri S.R Mehar – MOF Nominee Director 24.09.2014 to 31.03.2015 2 1

Shri M.M Dawla - MOF Nominee Director 07.05.2014 to 24.09.2014 1 0

Shri Sukhen Pal Babuta – Non Official Director 01.04.2014 to 02.06.2014 1 1

Shri. Sanjay Verma – Non official Director 01.04.2014 to 31.01.2015 4 1

Shri S.P.S Virk –Workmen Director 03.06.2014 to 22.11.2014 1 1

Sh. S C Das- MOF Nominee Director 01.04.2014 to 07.05.2014 0 0

Smt. Anita Karnavar - Non official Director 23.11.2014 to 31.03.2015 2 2

RBI, vide letter No. DBS. CO. FrMC. No. 7/23.04.001/2009-10 dated 16.09.2009 had advised to initiate necessary action in respect of effective investigation in fraud cases and prompt reporting to appropriate authority. The Bank has since then set up a Centralized Dedicated Operating Unit under the aegis of HO Inspection Department to undertake distinct functions relating to frauds above Rs. 1.00 crore as advised by RBI.

In terms of Board Resolution no. 20214 dated 12.12.2012, a new independent Deptt named ‘Fraud Monitoring Department’ has been working since 07.02.2013 at one place, leaving no scope to overlapping and duplicity of effort. Earlier, fraud cases were dealt at two places viz the large value fraud of Rs. one crore & above at HO. Inspection Deptt, where as frauds below the amount of Rs. one crore were being dealt by HO. Vigilance Deptt. The new set up resulted in close monitoring of fraud cases, faster closure of old fraud cases and effective follow up and implementation of preventive measures to check the recurrence of frauds & improvement in timely reporting of frauds to RBI.

In terms of the directions of Special Committee of Board (SCB), a Committee has also been formed in view of increasing trend of frauds particularly in those cases where property is kept as security. The identified vulnerable areas are valuation of property, genuineness of the title deeds and multiple mortgages.

4.4 Vigilance Committee

With a view to make the review of vigilance work an effective instrument of monitoring the speedy disposal of vigilance disciplinary cases, a Vigilance Committee of the Board has been setup in the Bank in terms of Ministry of Finance letter

No.10/12/90/VIG/CVOs dated 24.10.1990 with following members:

Shri Jatinderbir Singh- CMD

Shri M.K. Jain – Executive Director

Shri P.K.Jena - RBI Nominee Director

Shri S.R.Mehar - MOF Nominee Director

The Committee met four times during the Financial Year 2014-15 as per the details below:

17.07.2014 19.09.2014 19.12.2014 17.03.2015

iatkc ,.M fla/ cSad



funs'kd dk uke

vof/ k


vk;¨ftr cSBdsa

cSBdsa ftuesa

LkgHkkfxrk dhJh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd 01-04-2014 ls 31-03-2015 4 4Jh ds-ds- lkalh & dk;Zdkjh funs'kd 01-04-2014 ls 31-12-2014 3 3Jh ,e-ds- tSu & dk;Zdkjh funs'kd 01-04-2014 ls 31-03-2015 4 4Jh ih-ds- tsuk & Hkk-fj- cSad ukfer funs'kd 01-04-2014 ls 31-03-2015 4 4Jh ,e-,e- nkSyk & foÙk ea=ky; ukfer fuos'kd 07-05-2014 ls 24-09-2014 2 1Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd 24-09-2014 ls 31-03-2015 2 1Jh ,l-lh- nkl & foÙk ea=ky; ukfer funs'kd 01-04-2014 ls 07-05-2014 0 0

4-5- t¨f[ke Áca/ ku Lkfefr %

cSad us leLr tksf[keksa dh leh{kk ,oa ewY;kadu djus ds fy, cksMZ Lrj dh tksf[ke çca/ku lfefr dk xBu fd;k gSA lfefr eq[; rhu tksf[ke fØ;kvksa tSls _.k tksf[ke] cktkj tksf[ke ,oa ifjpkyu tksf[ke dh leh{kk djrh gS vkSj fo"k; ij

leqfpr fopkj djrh gS ,oa ;fn vko';d gks rks lgh funsZ'k tkjh djrh gSA

fnukad 31 ekpZ] 2015 dks lfefr dh lajpuk fuEu gS%

Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kdJh ,e-ds- tSu & dk;Zdkjh funs'kdJh ih-ds- tsuk & funs'kd ¼Hkk-fj- cSad ukfer½Jh lat; oekZ & xSj&vkf/kdkfjd funs'kdJhefr vfurk d.kkZoj & xSj&vkf/kdkfjd funs'kd

foÙkh; o"kZ 2014&15 esa lfefr dh fuEu frfFk;ksa ij cSBds gqbZ%

09-05-2014 17-07-2014 19-12-2014 17-03-2015


funs'kd dk uke

vof/ k

muds dk;Zdky ds n©jku vk;¨ftr

cSBdsa

cSBdsa ftuesa

LkgHkkfxrk dhJh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd 01-04-2014 ls 31-03-2015 4 4Jh ds-ds- lkalh & dk;Zdkjh funs'kd 01-04-2014 ls 31-12-2014 3 3Jh ,e-ds- tSu & dk;Zdkfjd funs'kd 01-04-2014 ls 31-03-2015 4 4Jh ih-ds- tsuk & funs'kd ¼Hkk-fj- cSad ukfer½ 17-07-2014 ls 31-03-2015 2 2Jh latho dqekj vjksM+k & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 14-07-2014 1 1Jh jktsUæu ukjk;.k & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 02-06-2014 1 0Jh lat; oekZ & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 31-03-2015 4 1Jhefr vfurk d.kkZoj & xSj&vkf/kdkfjd funs'kd 03-06-2014 ls 31-03-2015 3 3

cSad us ,d okLrfod tksf[ke çca/ku ds <+kps dk xBu fd;k gS ftlesa tksf[ke çca/ku laxBu <+kpk] tksf[ke fl)kar] tksf[ke fu;a=.k ,oa tksf[ke ys[kk ijh{k.k lfEefyr gSa tks fd lHkh _.k tksf[ke] cktkj tksf[ke ,oa ifjpkyu tksf[ke vkfn dks igpkuus] çca/ku] fuxjkuh djus ds –f"Vdks.k ls gSA blds ihNs ewy y{; ;g lqfuf'pr djuk gS fd cSad ds ifjpkyu esa LFkkf;Ro ,oa dk;Z{kerk cuh jgs vkSj cSad ds fgrks dh lqj{kk dh ns[kHkky gksrh jgsA

Punjab & Sind Bank




Meetings attended

Shri Jatinderbir Singh–CMD 01.04.2014 to 31.03.2015 4 4Shri K.K.Sansi– ED 01.04.2014 to 31.12.2014 3 3Shri M.K.Jain– ED 01.04.2014 to 31.03.2015 4 4Shri P.K.Jena– RBI Nominee 01.04.2014 to 31.03.2015 4 4Shri M.M.Dawla– MOF Nominee Director 07.05.2014 to 24.09.2014 2 1Shri S.R.Mehar– MOF Nominee Director 24.09.2014 to 31.03.2015 2 1Shri S C Das – MOF Nominee Director 01.04.2014 to 07.05.2014 0 0

4.5. Risk Management Committee: The Bank has constituted a Board level Risk Management Committee to review and evaluate the overall risks assumed

by the Bank.

The Committee reviews three important risk functions viz. Credit Risks, Market Risks and Operational Risks and takes an integrated view of the subject and impart suitable directions if required.

The composition of the Committee as on 31st March, 2015 is as under:Shri Jatinderbir Singh- CMDShri M.K. Jain – Executive DirectorShri P.K.Jena - RBI Nominee DirectorShri Sanjay Verma- Non Official DirectorSmt. Anita Karnavar- Non Official Director

The Committee met four times during the Financial Year 2014-15 as per the details below:09.05.2014 17.07.2014 19.12.2014 17.03.2015



Meetings attended

Shri Jatinderbir Singh-CMD 01.04.2014 to 31.03.2015 4 4

Shri K.K.Sansi-ED 01.04.2014 to 31.12.2014 3 3

Shri M.K.Jain-ED 01.04.2014 to 31.03.2015 4 4

Shri P.K.Jena – Director (RBI Nominee) 17.07.2014 to 31.03.2015 2 2

Shri Sanjiv Kumar Arora– Non Official Director 01.04.2014 to 14.07.2014 1 1

Shri Rajendran Narayan– Non Official Director 01.04.2014 to 02.06.2014 1 0

Shri Sanjay Verma – Non Official Director 01.04.2014 to 31.03.2015 4 1

Smt.Anita Karnavar - Non Official Director 03.06.2014 to 31.03.2015 3 3

The Bank has set up an appropriate risk management architecture, comprising Risk Management Organizational Structure, Risk Principles, Risk Processes, Risk Control and Risk Audit, all with a view to ideally identify, manage, monitor and control various categories of risks, viz. Credit Risk, Market Risk and Operational Risk, etc. The underlying objective is to ensure continued stability and efficiency in the operations of the Bank and to look after the safety of the Bank.

iatkc ,.M fla/ cSad


4-6 xzkgd Lksok Lkfefr %

¼d½ c¨MZ dh xzkgd Lksok Lkfefr %

cSad us cksMZ dh ,d mi lfefr dk xBu fd;k gS tks fd ^cksMZ dh xzkgd lsok lfefr* ds uke ls tkuh tkrh gSA 31 ekpZ] 2015 dks lfefr ds fuEu lnL; gSa&

Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kdJh ,e-ds- tSu & dk;Zdkjh funs'kdJh ,e-,l- lkjax & 'ks;j/kkjd funs'kdJh ,l-vkj- esgj & funs'kd ¼foÙk ea=ky;½

lfefr ds dk;ksZ esa xzkgd lsokvksa dh xq.koÙkk dks csgrj cukus ds fy, lq>ko rFkk uoksUes"kh mik;ksa ds fy, IysVQkeZ dk l`tu djuk rFkk lHkh laoxZ ds xzkgdksa gsrq larqf"V ds Lrj esa lq/kkj djuk 'kkfey gS ftlesa lkFk&lkFk fuEufyf[kr dk lekos'k gS%

i. xzkgd lsok ij 'kh"kZ lfefr ds :i esa dk;Z djrh gS vkSj lkoZtfud lsokvksa dh çfØ;k ,oa ys[kk ijh{kk dk;Zfu"iknu laca/kh LFkk;h lfefr ds dk;ksaZ dh ns[kjs[k djuk rFkk xzkgd lsokvksa dh LFkk;h lfefr ¼lh-ih-ih-,-ih-,l-½ dh flQkfj'kksa ds vuqikyu dks lqfuf'pr djukA

ii. vf/kfu.kZ; dh rkjh[k ls rhu eghus ls vf/kd vof/k ds xqtj tkus ij Hkh ykxw u fd, x, 'ks"k vf/kfu.kZ;ksa rFkk cSafdax yksdiky }kjk cSafdax lsok,a çnku djus esa ik;h xbZ dfe;ksa dh fLFkfr dh leh{kk djukA

iii. xzkgd lsok esa xq.koÙkk esa o`f) ykus gsrq uoksUes"kh mik; djuk vkSj lHkh Lrjksa ij xzkgd larqf"V esa lq/kkj djukA

foÙkh; o"kZ 2014&15 ds nkSjku lfefr dh fuEu frfFk;ksa ij cSBds gqbZ%

09-05-2014 18-07-2014 18-12-2014 17-03-2015

funs'kdksa dh mifLFkfr dk C;kSjk bl çdkj gS%

funs'kd dk uke vof/ k muds dk;Zdky ds n©jku vk;¨ftr

cSBdsa

cSBdsa ftuesa LkgHkkfxrk dh

Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd 01-04-2014 ls 31-03-2015 4 4Jh ds-ds- lkalh & dk;Zdkjh funs'kd 01-04-2014 ls 31-12-2014 3 3Jh ,e-ds- tSu & dk;Zdkjh funs'kd 01-04-2014 ls 31-03-2015 4 4Jh ,l-vkj- esgj & funs'kd ¼foÙk ea=ky;½ 23-11-2014 ls 31-03-2015 2 1Jh ,l-ih-,l- fodZ & dkexkj funs'kd 01-04-2014 ls 22-11-2014 2 2Jh lqjs'k Bkdqj & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 12-07-2014 1 1Jh ,e-,l- lkjax & 'ks;j/kkjd funs'kd 17-07-2014 ls 31-03-2015 3 3

¼[k½ xzkgd lsok ij LFkk;h lfefr% Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kkuqlkj] cSad ds funs'kdksa dh xfBr mi lfefr ds vfrfjä xzkgd lsokvksa ij ,d LFkk;h lfefr

dk xBu fd;k gS ftlesa cSad ds 2 egkçca/kd ,oa lekt ds 3 vU; çfrf"Br O;fä lnL;ksa ds :i esa lfEefyr gSaA cSBd dh v/;{krk] cSad ds dk;Zdkjh funs'kd }kjk dh tkrh gSA

lfefr ds eq[; dk;Z gSa&

(i) cSad }kjk xzkgd dsafær mik;ksa ij fopkj djukA

(ii) vkapfyd dk;kZy;ksa ls tkudkjh çkIr dj] ml dks cksMZ dh xzkgd lfefr ds le{k vko';d uhfr@çfØ;kRed dkjZokbZ djus gsrq çLrqr djuk ftlls gks jgs ifjorZuksa dh lqfo/kk nh tk ldsA

Punjab & Sind Bank


4.6 Customer Service Committee:

(a) Customer Service Committee of the Board

The Bank has constituted a sub-committee of Board, known as ‘Customer Service Committee of the Board'. The Committee has the following members as on 31st March, 2015:

1. Shri. Jatinderbir Singh-Chairman & Managing Director 2. Shri M.K.Jain – Executive Director3. Shri M.S.Sarang – Shareholder Director4. Shri S.R.Mehar – Director (MOF)

The functions of the Committee include creating a platform for making suggestions and innovative measures for enhancing the quality of customer service and improving the level of satisfaction for all categories of clientele at all times, which inter-alia comprises the following:

i. Act as apex Committee on Customer Service and oversees the functioning of the Standing Committee on Customer Service and also compliance with the recommendations of the Committee on Procedure and Performance Audit on Public Service (CPPAPS).

ii. Review the status of the Awards remaining unimplemented for more than 3 months from the date of Awards and also deficiencies in providing banking services as observed by the Banking Ombudsman.

iii. Mount innovative measures for enhancing the quality of customer service and improving level of customer satisfaction for all categories of clientele

During the Financial Year 2014-15, the Committee met on the following dates

09.05.2014 18.07.2014 18.12.2014 17.03.2015

The details of attendance of the Directors are as under:

Name of the Director Period

Meetings held during the period

of their tenure

Meetings at-tended

Shri Jatinderbir Singh- CMD 01.04.2014 to 31.03.2015 4 4Shri K.K. Sansi - ED 01.04.2014 to 31.12.2014 3 3Shri M.K. Jain - ED 01.04.2014 to 31.03.2015 4 4Shri S. R. Mehar- Director (MOF) 23.11.2014 to 31.03.2015 2 1Shri S.P.S. Virk – Workmen Director 01.04.2014 to 22.11.2014 2 2Shri Suresh Thakur- Non-Official Director 01.04.2014 to 12.07.2014 1 1Shri M S Sarang- Shareholder Director 17.07.2014 to 31.03.2015 3 3

(b) Standing Committee on Customer Service:

Besides, the Sub Committee of the Board as aforesaid, the Bank has also set up a Standing Committee on Customer Service having two General Managers of the Bank and three other eminent public personalities as members, as per the guidelines of Reserve Bank of India. The Committee is chaired by the Executive Director of the Bank.

Main functions of the committee are:

(i) To take stock of the customer centric measures taken by the Bank.

(ii) To get feedback from the Zonal Offices and put up the same on customer service committee of the Board for necessary Policy / Procedural action facilitate change on an ongoing basis.

iatkc ,.M fla/ cSad


4-7 ikfjJfed Lkfefr %

Hkkjr ljdkj us viuh vf/klwpuk fnukad 09 ekpZ] 2007 la[;k ,Q ua-20@1@2005&chvks&I }kjk lkoZtfud {ks= ds cSadksa ds iw.kZdkfyd funs'kdksa ds fy, dk;Zfu"iknu lacaf/kr çksRlkgu dh ?kks"k.kk dh gSA ;g çksRlkgu foxr o"kZ ds nkSjku fofHkUu vuqikyuk fjiksVksZ ij vk/kkfjr y{;ksa ,oa csapekdZ ds vuq:i dk;Zfu"iknu ewY;kadu ftlesa xq.koÙkk ,oa ek=k] nksuks dk lekos'k gS] ij vk/kkfjr gSA mä fn'kk&funsZ'kksa ds vuqikyu esa o"kZ ds nkSjku dk;Zfu"iknu ds ewY;kadu ,oa ns; vokMZ gsrq Hkqxrku dh tkus okyh çksRlkgu jkf'k ds fy, funs'kd eaMy dh ikfjJfed lfefr dk xBu fd;k x;k gSA

lfefr dh foÙkh; o"kZ 2014&15 ds nkSjku fuEu frfFk;ksa ij cSBdsa gqbZ%

19-09-2014

31-03-2015 dks lfefr dh lajpuk bl çdkj gS%

Jh ih-ds- tsuk & Hkk-fj- cSad ukfer funs'kd

Jh ,e-,l- lkjax & 'ks;j/kkjd funs'kd

Jh ,l-vkj- esgj & funs'kd ¼foÙk ea=ky;½

Jh lat; oekZ & xSj&vkf/kdkfjd funs'kd

funs'kdksa dh mifLFkfr dk fooj.k fuEu çdkj gS%


cSBdsa


Jh ih-ds- tsuk & Hkk-fj-cSad ukfer funs'kd 01-04-2014 ls 31-03-2015 1 1

Jh ,l-lh- nkl & foÙk ea=ky; ukfer funs'kd 01-04-2014 ls 07-05-2014 0 0Jh ,e-,e- nkSyk & foÙk ea=ky; ukfer funs'kd 07-05-2014 ls 24-09-2014 1 1Jh ,l-ih-,l- fodZ & dkexkj funs'kd½ 03-06--2014 ls 22-11-2014 1 1Jh ,e-,l- lkjax & 'ks;j/kkjd funs'kd 23-11-2014 ls 31-03-2015 0 0Jh lat; oekZ & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 31-03-2015 1 1Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd 24-09-2014 ls 31-03-2015 0 0Jh ,l-ih- ccwrk & 'ks;j/kkjd funs'kd 01-04-2014 ls 02-06-2014 0 0

4-8 'ks;j/kkjd laca/k lfefr lsch us vius ifji= fnukad 17-04-2014 ds }kjk daiuh vf/kfu;e] 2013 ds çko/kkuksa ds vuqlkj dkiksZjsV xousaZl ls

lacaf/kr lwphdj.k djkj ds çko/kkuksa dh leh{kk dh gS vkSj dkiksZjsV xousaZl ls lacaf/kr lwphdj.k djkj ds la'kksf/kr [k.M 49 dks vf/klwfpr fd;k gS tksfd fnukad 01-10-2014 ls çHkkoh gSA [k.M 49¼VIII½¼E½ ds vuqlkj xSj&vkf/kdkfjd funs'kd dh v/;{krk esa Þ'ks;j/kkjd laca/k lfefrß dk xBu fd;k tk,xk tks 'ks;j/kkjdksa rFkk fuos'kdksa dh dksbZ f'kdk;r] ;fn dksbZ gS] dk fuokj.k djsxhA

fnukad 12-08-2014 dks cSad us 'ks;j/kkjdksa ,oa fuos'kdksa dh f'kdk;rs] ;fn dksbZ gS] ds fuokj.k ds fy, 'ks;j/kkjd@fuos'kd f'kdk;r lfefr dk iquxZBu 'ks;j/kkjd laca/k lfefr ds uke ds :i esa fd;k

31 ekpZ] 2015 dks lfefr dh lajpuk fuEu çdkj gS%

(i) Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd (ii) Jh ,e-ds-tSu & dk;Zdkjh funs'kd (iii) Jh lq[ksu iky ccwrk & 'ks;j/kkjd funs'kd (iv) Jh ,e-,l- lkjax & 'ks;j/kkjd funs'kd

Punjab & Sind Bank


4.7 Remuneration Committee:

Government of India announced Performance Linked Incentives for Whole Time Directors of Public Sector Banks vide Notification No.F No.20/1/2005-BO.I dated 9th March, 2007. The incentive is based on certain qualitative as well as quantitative parameters fixed for Performance Evaluation Matrix on the basis of the statement of intent on goals and benchmarks based on various compliance reports during the previous financial year. In compliance of the said directives, a Remuneration Committee of the Board was constituted for evaluation of the performance and incentive amount to be awarded / paid during the year.

During the Financial Year 2014-15, the Committee met on the following date:

19.09.2014

The composition of the present Committee as on 31st March, 2015 is as under:

1. Shri P.K. Jena, RBI Nominee Director 2. Shri M.S.Sarang – Shareholder Director3. Shri S.R.Mehar – Director (MOF)4. Shri Sanjay Verma, Non-Official Director

The details of attendance of the Directors are as under:

Name of the Director Period

Meetings held during the period

of their tenure

Meetings at-tended

Shri P.K. Jena, RBI Nominee Director 01.04.2014 to 31.03.2015 1 1

Sh. S.C. Das –MOF Director 01/04/2014 to 07.05.2014 0 0

Sh. M M Dawla- MOF Director 07.05.2014 to 24.09.2014 1 1

Sh. S P S Virk- Workman Director 03.06.2014 to 22.11.2014 1 1

Sh. M.S.Sarang – Shareholder Director 23.11.2014 to 31.03.2015 0 0

Sh. Sanjay verma- Non Official Director 01.04.2014 to 31.03.2015 1 1

Sh. S R Mehar - MOF Director 24.09.2014 to 31.03.2015 0 0

Sh. S P Babuta - Shareholder Director 01.04.2014 to 02.06.2014 0 0

4.8 4.8 Stakeholders Relationship Committee:

SEBI vide Circular dated 17.04.2014, has reviewed the provisions of the Listing Agreement relating to Corporate Governance as per provisions of Companies Act, 2013 and has notified revised Clause 49 of the Listing Agreement relating to Corporate Governance w.e.f. 01.10.2014. Clause 49(VIII)(E) provides that a Committee under the Chairmanship of a non-executive Director named as “Stakeholders Relationship Committee” shall be formed to redress shareholders and investors complaints, if any.

The Shareholders / Investors Grievances Committee to review redressal of shareholders’ and investors’ complaints, if any was reconstituted on 12.08.2014 with name Stakeholders Relationship Committee.

The composition of the Committee as on 31st March 2015 is as under:

(i) Shri Jatinderbir Singh-Chairman & Managing Director (ii) Shri M.K. Jain - Executive Director - Member (iii) Shri Sukhen Pal Babuta – Shareholder Director (iv) Shri M.S.Sarang – Shareholder Director

iatkc ,.M fla/ cSad


foÙkh; o"kZ 2014&15 esa lfefr dh fuEu frfFk;ksa ij cSBdsa gqbZA

09-05-2014 12-08-2014 11-11-2014 06-02-2015

lfefr dh mä cSBd esa funs'kdksa dh mifLFkfr muds dk;Zdky vuqlkj fuEu çdkj gS%

funs'kd dk uke vof/ k muds dk;Zdky ds n©jku vk;¨ftr cSBdsa


Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd 01-04-2014 ls 31-03-2015 4 4

Jh ds-ds- lkalh & dk;Zdkjh funs'kd 17-07-2014 ls 31-12-2014 2 2

Jh ,e-ds- tSu & dk;Zdkjh funs'kd 01-04-2014 ls 31-03-2015 4 4

Jh lq[ksu iky ccwrk& 'ks;j/kkjd funs'kd 01-04-2014 ls 02-06-2014 17-07-2014 ls 31-03-2015

1 3

1 3

Jh ,e-,l- lkjax & 'ks;j/kkjd funs'kd 17-07-2014 ls 31-03-2015 3 3

Jh ,u- jktsUæu & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 02-06-2014 1 0

lfefr fuos'kdksa dh f'kdk;rksa ds fuokj.k ds fy, le;c) :i ls fuxjkuh djrh gSA

o"kZ ds nkSjku çkIr ,oa fuokj.k dh xbZ f'kdk;rksa@fuosnuksa dh la[;k dk lkjka'k fuEu çdkj gS%

01-04-2014 dk 'ks"k o"kZ ds nkSjku çkIr o"kZ ds nkSjku fuokj.k 31-03-2015 dks cdk;k

01 17 18 'kwU;

fnukad 31-03-2015 dks dksbZ Hkh f'kdk;r yafcr ugh FkhA daiuh lfpo dks LV‚d ,Dlpsatksa ds lkFk lwphdj.k vuqca/k ds [kaM 47 ¼,½ ds rgr cSad ds vuqikyu vf/kdkjh ds :i esa fu;qä fd;k x;k gSA

4-9 ekuo lalk/ku lfefr

ekuo lalk/ku fodkl lfefr dk xBu chvkj fnukad 05-05-2012 la[;k 19841 ds }kjk ekuo lalk/ku dh fodkl'khy ;kstukvksa dks xfr çnku djus vkSj fofHkUu ;wfu;uksa rFkk ,lksf'k,luksa ds lkFk fopkj&foe'kZ djus gsrq fd;k x;k gSA v/;{k ,oa çca/k funs'kd] dk;Zdkjh funs'kd vkSj vU; dksbZ lnL;ksa ds e/; ls cSBd ds dksje ds fy, vko';d gSA cSBd dHkh Hkh vko';d gks] dh tk ldrh gS ysfdu frekgh esa de ls de ,dokj vko';d gSA

fnukad 31 ekpZ] 2015 dks lfefr lajpuk fuEu çdkj gS%

(i) Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd

(ii) Jh ,e-ds- tSu & dk;Zdkjh funs'kd

(iii) Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd

(iv) Jh lat; oekZ & xSj&vkf/kdkfjd funs'kd

(v) Jhefr vfurk d.kkZoj & xSj&vkf/kdkfjd funs'kd

foÙkh; o"kZ 2014&15 ds nkSjku lfefr dh fuEu frfFk;ksa ij cSBdsa gqbZ%

15-04-2014 18-07-2014 19-09-2014 27-12-2014 17-03-2015

Punjab & Sind Bank


The Committee met on the following dates during the Financial Year 2014-15

09.05.2014 12.08.2014 11.11.2014 06.02.2015


Name of the Director Period Meetings held during the period

of their tenure

Meetings attended

Shri Jatinderbir Singh-Chairman & Managing Director 01.04.2014 to 31.03.2015 4 4

Shri K.K. Sansi - Executive Director 17.07.2014 to 31.12.2014 2 2

Shri M.K. Jain - Executive Director 01.04.2014 to 31.03.2015 4 4

Shri Sukhen Pal Babuta - Shareholder Director 01.04.2014 to 02.06.201417.07.2014 to 31.03.2015

13

13

Shri M. S. Sarang –Shareholder Director

17.07.2014 to 31.03.2015 3 3

Shri N. Rajendran- Non- Official Director 01.04.2014 to 02.06.2014 1 0

The Committee monitors the redressal of investors’ complaints in a time bound manner.

The summary of number of requests/complaints received and resolved during the year are as under

Pending as on 01.04.2014 Received during the year Resolved during the year Pending as on 31.03.2015

01 17 18 NIL

No complaint was pending as on 31.03.2015. Company Secretary has been designated as the “Compliance Officer” of the Bank under Clause 47 (a) of the Listing Agreement with Stock Exchanges.

4.9 HR Committee The HR Committee has been constituted vide BR No.19841 dated 05.05.2012 for promoting progressive HR plans and to

have interaction with various unions and associations. CMD, ED and anyone among the other members is the quorum for meeting. Meeting may be held as and when required but at least once in a quarter.


(i) Shri Jatinderbir Singh –IAS-Chairman & Managing Director

(ii) Shri M.K. Jain - Executive Director - Member

(iii) Shri S.R.Mehar-Director (MOF)

(iv) Shri Sanjay Verma-Non Official Director

(v) Smt. Anita Karnavar - Non Official Director


15.04.2014 18.07.2014 19.09.2014 27.12.2014 17.03.2015

iatkc ,.M fla/ cSad



funs'kd dk uke vof/ k muds dk;Zdky ds n©jku vk;¨ftr cSBdsa





Jh ,l-lh- nkl & foÙk ea=ky; ukfer funs'kd 01-04-2014 ls 07-05-2014 1 1

Jh latho dqekj vjksM+k & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 14-07-2014 1 1

Jh ,e-,e- nkSyk & foÙk ea=ky; ukfer funs'kd 07-05-2014 ls 24-09-2014 2 1

Jh ,l-ih-,l- fodZ 17-07-2014 ls 22-11-2014 2 2

Jh lat; oekZ 17-07-2014 ls 31-03-2015 4 2

Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd 24-09-2014 ls 31-03-2015 2 2

Jhefr vfurk d.kkZoj 20-12-2014 ls 31-03-2015 2 2

4-10 ukekadu lfefr Hkkjrh; fjt+oZ cSad us cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1970@80 dh /kkjk 9¼3½¼vkbZ½ ds

çko/kkuksa ds varxZr~ jk"Vªh;—r cSadksa ds funs'kd eaMy esa funs'kd ds :i esa p;u gsrq ^fQV ,.M çksij* ekunaM fu/kkZfjr fd, gSaA Hkkjrh; fjt+oZ cSad }kjk tkjh fn'kk&funsZ'kksa ds vuq:i ukekadu lfefr xfBr djuk visf{kr gS ftlesa funs'kd eaMy esa ls de ls de rhu funs'kd ¼lHkh Lora=@xSj dk;Zikyd funs'kd½ 'kkfey gksA mä fn'kk&funsZ'kksa dh vuqikyuk esa ,d ^ukekadu lfefr* dk xBu cksMZ ladYi fnukad 10-05-2014 la[;k 21083 ds }kjk fuEu rhu funs'kdksa dk lnL; ds :i esa ,d o"kZ gsrq fd;k gSA

1- Jh lat; oekZ] funs'kd & lfefr ds v/;{k

2- Jhefr vfurk d.kkZoj & funs'kd

3- Jh egs'k dqekj xqIrk & funs'kd

fnukad 16-06-2014 dks lfefr dh cSBd cSafdax daiuh ¼miØeksa dk vf/kxzg.k ,oa varj.k½ vf/kfu;e] 1980 ds varxZr O;fä ds funs'kd ds :i esa pqus tkus gsrq ^fQV ,oa çksij* fLFkfr ij xaHkhjrk ls fu.kZ; ysus ds fy, gqbZA

4-11 cksMZ dh lwpuk çkS|ksfxdh ;kstuk lfefr%

lhch,l ifj;kstuk dks ykxw djus esa rhozrk ykus ds –f"Vdks.k ls] le; ls igys vkSj ykHk ds fo'ys"k.k vuqlkj] fnukad 31-03-2015 dks cksMZ dh lwpuk çkS|ksfxdh lfefr ds fuEu lnL; gS%

Jh tfrUnjchj flag & vkbZ-,-,l-&v/;{k ,oa çca/k funs'kdJh ,e-ds- tSu & dk;Zdkjh funs'kdJh ,l-vkj- esgj & funs'kd ¼foÙk ea=ky;½Jh lat; oekZ & xSj&vkf/kdkfjd funs'kdJhefr vfurk d.kkZoj & xSj&vkf/kdkfjd funs'kd

foÙkh; o"kZ 2014&15 ds nkSjku lfefr dh fuEu frfFk;ksa ij cSBdsa gqbZ%

09-05-2014 11-08-2014 27-12-2014 18-03-2015

Punjab & Sind Bank



Name of the Director Period Meetings held during the period

of their tenure

Meetings attended




Shri S C Das-MOF Director 01.04.2014 to 07.05.2014 1 1

Shri Sanjiv Kumar Arora- Non- Official Director 01.04.2014 to 14.07.2014 1 1

Shri M.M Dawla- MOF Director 07.05.2014 to 24.09.2014 2 1

Shri S.P.S Virk 17.07.2014 to 22.11.2014 2 2

Shri Sanjay Verma 17.07.2014 to 31.03.2015 4 2

Shri S.R.Mehar - MOF Director 24.09.2014 to 31.03.2015 2 2

Smt. Anita Karnavar 20.12.2014 to 31.03.2015 2 2

4.10 Nomination Committee: Reserve Bank of India has laid down "Fit and Proper" criteria to be fulfilled by persons to be elected as directors on the

Boards of the Nationalized Banks under the provisions of Section 9(3)(i) of Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/80. In terms of the guidelines issued by Reserve Bank of India, a Nomination Committee is required to be constituted consisting of a minimum of three directors (all independent/non executive directors) from amongst the Board of Directors. In compliance of the said directives, a “Nomination Committee” was constituted vide Board Resolution no.21083 dated 10.05.2014 with following three directors as members, for a tenure of one year.

1. Shri Sanjay Verma,Director – Chairman of the Committee2. Ms.Anita Karnavar, Director3. Shri Mahesh Kumar Gupta, Director

The Committee met on 16.06.2014 to undertake a process of due diligence to determine the ‘Fit & Proper’ status of the persons to be elected as director under Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.

4.11 IT Strategy Committee of the Board

With a view to take forward IT initiatives and drive other benefits of technologies, IT Strategy Committee of the Board comprising of the following members is in place as on 31.03.2015. Shri Jatinderbir Singh –IAS-Chairman & Managing DirectorShri M.K. Jain - Executive Director Shri S.R.Mehar-Director (MOF)Shri Sanjay Verma-Non Official DirectorSmt. Anita Karnavar - Non Official Director


09.05.2014 11.08.2014 27.12.2014 18.03.2015

iatkc ,.M fla/ cSad




cSBdsa





Jh ,e-,e-nkSyk & foÙk ea=ky; ukfer funs'kd 07-05-2014 ls 24-09-2014 2 0

Jhefr vfurk d.kkZoj & xSj&vkf/kdkfjd funs'kd 03-06-2014 ls 31-03-2015 3 3

Jh jktsUæu ukjk;.k & xSj&vkf/kdkfjd funs'kd 01-04-2014 ls 02-06-2014 1 0

Jh lat; oekZ& xSj& vkf/kdkfjd funs'kd 01-04-2014 ls 31-03-2015 4 4

Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd 24-09-2014 ls 31-03-2015 2 2

4-12 dk;Zikydksa ds çkseks'kuksa ij cksMZ dh lfefr%

fnukad 31-03-2015 dks ofj"B Lrj ij inksUufr;ksa dk dk;Z ns[kus ds fy,] funs'kdksa dh lfefr ftlesa dk;Zdkjh funs'kd ¼v/;{k ,oa çca/k funs'kd dh vuqifLFkfr esa½ vkSj Hkkjr ljdkj rFkk Hkkjrh; fjt+oZ cSad ds ukfer funs'kdksa dh lfefr dk xBu fd;k x;k gSA

31 ekpZ] 2015 dks lfefr dh lajpuk fuEu çdkj gS%

Jh tfrUnjchj flag&v/;{k ,oa çca/k funs'kdJh ih-ds- tsuk & Hkk-fj- cSad ukfer funs'kdJh ,l-vkj- esgj & funs'kd ¼foÙk ea=ky;½

4-13 vihy@leh{kk ij cksMZ lfefr% ofj"B çca/ku Lrj ij vuq'kklukRed ekeyksa dh vihy@leh{kk ij fopkj djus gsrq vihy@leh{kk ij cksMZ dh lfefr dk xBu

fd;k x;k gS ftlesa fuEu lnL; gSa &

Jh ih-ds- tsuk & Hkk-fj- cSad ukfer funs'kd

Jh ,l-vkj- esgj & foÙk ea=ky; ukfer funs'kd

Jh egs'k dqekj xqIrk & xSj&vkf/kdkfjd funs'kd

4-14 olwyh dh fuxjkuh djus gsrq lfefr% foÙk ea=ky;] Hkkjr ljdkj] foÙkh; lsok,a foHkkx ds i= fnukad 21-11-2012 la[;k ,Q-ua- 7@112@2012&ch-vks-,- ds funsZ'kkuqlkj]

funs'kdksa dh ,d lfefr ftlesa v/;{k ,oa çca/k funs'kd] dk;Zdkjh funs'kd rFkk foÙk ea=ky; ds ukfer funs'kd lfEefyr gSa] dk xBu cSad dh olwyh dh çxfr dh fuxjkuh djus ds fy, fd;k x;k gSA

31 ekpZ] 2015 dks lfefr dh lajpuk fuEu gS &

Jh tfrUnjchj flag & v/;{k ,oa çca/k funs'kd



foÙkh; o"kZ 2014&15 esa lfefr dh fnukad 18-07-2014 dks cSBd gqbZA

Punjab & Sind Bank



Name of the Director Period Meetings held dur-ing the period of

their tenure

Meetings attended




Shri M.M Dawla- MOF Nominee Director 07.05.2014 to 24.09.2014 2 0

Smt. Anita Karnavar- Non- Official Director 03.06.2014 to 31.03.2015 3 3

Shri Rajendran Narayan-Non-Official Director 01.04.2014 to 02.06.2014 1 0

Shri Sanjay Verma – Non- Official Director 01.04.2014 to 31.03.2015 4 4

Shri S.R.Mehar - MOF Nominee Director 24.09.2014 to 31.03.2015 2 2

4.12 Committee of the Board on Executives’ Promotions: A Committee of Directors consisting of Executive Director (in the absence of CMD) and the nominee Directors of

Government of India and Reserve Bank of India has been formed for dealing with the promotions at senior level.


Shri Jatinderbir Singh- Chairman & Managing Director

Shri P.K.Jena-RBI Nominee Director

Shri S.R.Mehar – Director (MOF)

4.13 Committee of the Board on Appellate / Reviewing Authority: A committee of the Board on Appellate / Reviewing Authority is constituted to consider appeal / review in respect of

Disciplinary cases at senior Management level, with the following members as on 31.03.2015:

Sh. P.K.Jena - RBI Nominee Director

Sh. S.R.Mehar - MOF Nominee Director

Sh. Mahesh Kumar Gupta -Non-Official Director

4.14 Committee for Monitoring of Recovery: A Committee of Directors consisting of Chairman & Managing Director, Executive Director and the nominee Director of

Ministry of Finance has been formed to monitor the progress in recovery of the Bank in terms of directions received from Ministry of Finance, Department of Financial Services, New Delhi,vide their letter no.F.No. 7/112/2012- BOA letter dated 21.11.2012.


Shri Jatinderbir Singh- Chairman & Managing Director

Shri M.K. Jain - Executive Director

Shri S.R. Mehar – Director (MOF)

The Committee met on 18.07.2014 during the financial year 2014-15.

iatkc ,.M fla/ cSad




cSBdsa





Jh ,e-,e- nkSyk & foÙk ea=ky; ukfer funs'kd 07-05-2014 ls 24-09-2014 1 0

4-15 'ks;j/kkjd funs'kdksa dh pquko lfefr & lkoZtfud {ks= ds cSad esa ernku % foÙkh; lsok,a foHkkx] foÙk ea=ky; ds i= fnukad 03-04-2012 dh 'krksaZ ds vuqlkj fofHkUu daifu;ksa] foÙkh; laLFkkuksa vkSj lkoZtfud

{ks= ds miØe cSadksa esa 'ks;j/kkjd funs'kdksa ds pquko esa ,d mEehnokj dks leFkZu nsus ij fu.kZ; ysus gsrq cksMZ dh lfefr dk xBu cksMZ ladYi fnukad 05-05-2012 la[;k 19840 }kjk fd;k x;kA

31 ekpZ] 2015 dks lfefr dh lajpuk fuEu gS &

Jh tfrUnjchj flag & vkbZ-,-,l- & v/;{k ,oa çca/k funs'kd



Jh lat; oekZ & xSj&vkf/kdkfjd funs'kd

4-16 'ks;j varj.k Lkfefr % ikap dk;Zikydksa dh lfefr ftlesa ,d eq[; egkçca/kd] nks egkçca/kd] ,d lgk;d egkçca/kd gSa ,oa ,d i[kokM+s esa 'ks;jksa

dk foçs"[email protected]@çs"k.k dk vuqeksnu daiuh lfpo }kjk fd;k tkrk gSA cksMZ dh gksus okyh cSBd esa 'ks;j varj.k lfefr dk dk;Zo`r cksMZ ds le{k çLrqr fd;k tkrk gSA o"kZ 2014&15 ds nkSjku 'ks;j varj.k lfefr dh 28 cSBds vk;ksftr dh xbZA 'ks;j varj.k lfefr dh dkjZokbZ cksMZ ds le{k çLrqr dh tkrh gSA cSad ;g lqfuf'pr djrk gS fd 'ks;jksa ds çLrqrhdj.k dh fnukad ls 15 fnu ds vanj lHkh 'ks;jksa dk varj.k gks tk,A

5- funs'kd¨a dk ikfjJfed %

xSj&dk;Zdkjh funs'kdksa dh ;k=k rFkk Bgjus ij gksus okys O;; lfgr ifjJfed dk Hkqxrku] jk"Vªh;—r cSad ¼çca/ku ,oa fofo/k çko/kku½ ;kstuk] 1970 ¼;Fkk la'kksf/kr½ dh /kkjk 17 esa mfYyf[kr 'krksZ ds vuq:i] le;≤ ij dsaæ ljdkj }kjk Hkkjrh; fjt+oZ cSad ds ijke'kZ ls tkjh fd, x, fu/kkZj.kksa ds vuqlkj fd;k tk jgk gSA

v/;{k ,oa çca/k funs'kd rFkk dk;Zdkjh funs'kd dks ikfjJfed dk Hkqxrku osru ds :i esa Hkkjr ljdkj }kjk fu/kkZfjr fu;eksa ds vuqlkj fd;k tkrk gSA v/;{k ,oa çca/k funs'kd rFkk dk;Zdkjh funs'kd dks Hkqxrku fd, x, ikfjJfed dk;Z fu"iknu laca) çksRlkgu dk C;kSjk fuEu çdkj gS %

d½ foÙkh; o"kZ 2014&15 ds nkSjku osru ,oa ,fj;lZ dk Hkqxrku %

Ø-Lka- uke inuke jkf'k ¼:-½

1- Jh tfrUnjchj flag v/;{k ,oa çca/k funs'kd 20]03]405-72

2- Jh ,e-ds- tSu dk;Zdkjh funs'kd 16]61]398-35

3- Jh ds-ds- lkalh dk;Zdkjh funs'kd 12]45]638-55

Punjab & Sind Bank



Name of the Director Period Meetings held dur-ing the period of

their tenure

Meetings attended

Shri Jatinderbir Singh- Chairman & Managing Director 01.04.2014 to 31.03.2015 1 1



Shri M.M.Dawla - MOF Nominee Director 07.05.2014 to 24.09.2014 1 0

4.15 Election of Shareholder Directors Committee-Voting by Public Sector Bank:

In terms of Ministry of Finance, Department of Financial Services letter date 03.04.2012 a committee of Board for taking decision on supporting the candidates in election as Shareholder Directors in various companies, Financial institutions and PSU Banks was constituted as per Board resolution number 19840 dated 05.05.2012.


1. Shri Jatinderbir Singh- IAS- Chairman & Managing Director

2. Shri M.K.Jain – Executive Director

3. Shri S.R. Mehar – Director (MOF)

4. Shri Sanjay Verma – Non- Official Director

4.16 Share Transfer Committee:

A committee of five officials comprising of one CGM, two GMs, one AGM and the Company Secretary approved demat/remat/transfer/transmission of shares at least once in a fortnight. The minutes of the Share Transfer Committee are placed before the Board in the forthcoming meeting. Twenty eight meetings of the Share Transfer Committee were held during the financial year 2014-15. The Bank ensures that all the transfer of shares is affected within a period of fifteen days from the date of their lodgment.

5. REMUNERATION OF DIRECTORS:

The remuneration including traveling and halting expenses to Non-Executive Directors which are being paid as stipulated by the Central Government in consultation with Reserve Bank of India from time to time in terms of Clause 17 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 (as amended).

The Chairman & Managing Director and Executive Directors are being paid remuneration by way of salary as per rules framed by the Government of India. The details of remuneration and Performance Linked Incentives paid to Chairman and Managing Director and Executive Director/s is detailed below:

A. Salary including Arrears paid during the Financial Year 2014-15:

Sr. No Name Designation Amount (Rs.)

1 Shri Jatinderbir Singh Chairman & Managing Director 20,03,405.72

2 Shri M.K. Jain Executive Director 16,61,398.35

3 Shri K.K. Sansi Executive Director 12,45,638.55

iatkc ,.M fla/ cSad


o"kZ 2014&15 ds nkSjku xSj&dk;Zdkjh funs'kdksa dks fn;k x;k cSBd lgHkkfxrk 'kqYd fuEukuqlkj gS ¼iw.kZ dkfyd funs'kdksa ,oa Hkkjr ljdkj }kjk ukfer funs'kd dks fdlh çdkj dk cSBd lgHkkfxrk 'kqYd ns; ugh gS½ %

Ø-Lka- funs'kd dk uke Hkqxrku dh xbZ jkf'k ¼:-½1- Jh lq[ksu iky ccwrk 1]60]0002- Jh egs'k dqekj xqIrk 1]45]0003- Jh latho dqekj vjksM+k 40]0004- Jh ,e-,l- lkjax 1]30]0005- Jh lqjs'k Bkdqj 25]0006- Jh ,u- jktsUæu 10]0007- Jh ,l-ih-,l- fodZ 1]15]0008- Jh lat; oekZ 1]50]0009- Jhefr vfurk d.kkZoj 1]65]000

dqy ;ksx 9]40]000

6- ÁdVhdj.k % ¼d½ cSad dk ,slk dksbZ fo'ks"k lacaf/kr ikVhZ ysu&nsu ugha gS tgk¡ cSad ds O;kid fgrksa ds Vdjko dh laHkkouk curh gksA ¼[k½ cSad dh osclkbZV https://www.psbindia.com / PSBPOLICY_Related_partyTransactions.pdf esa lacaf/kr ikVhZ çfof"V;ka

uhfr miyC/k gSA ¼x½ cSad ij foxr~ rhu o"kksZ ds nkSjku iwath cktkj ls lac) fdlh Hkh ekeys esa fdlh Hkh fofu;ked çkf/kdkjh vFkkZr~ LV‚d

,Dlpsat vkSj@vFkok lsch }kjk fdlh fu;e] funsZ'kksa ,oa fn'kk&funsZ'kksa dk vuqikyu u djus ds fy,] u rks dksbZ naM yxk;k x;k gS vkSj ugh gh fdlh çdkj dh HkRlZuk dh xbZ gSA

¼?k½ cSad dh ^foly Cyksvj i‚fylh* ifjpkfyr gS vkSj fdlh Hkh O;fä dks bls ns[kus ls jksdk ugh x;k gSA

7- vfuok;Z ,oa xSj&vfuok;Z vko';drk,a % cSad us LV‚d ,Dlpsatksa tgka cSad ds 'ks;j lwphc) gS] ds lkFk fd, x, lwph;u djkj ds la'kksf/kr [kaM 49 esa ;Fkk micaf/kr

lHkh ykxw vfuok;Z vko';drkvksa dk vuqikyu fd;k gSA

xSj&vfuok;Z vko';drkvksa ds dk;kZUo;u dh orZeku fLFkfr fuEukuqlkj gS%

Ø-Lka- xSj&vfuok;Z vko';drk,a dk;kZUo;u dh fLFkfr1- ,d xSj&dk;Zikyd v/;{k daiuh ds O;; ij v/;{k

ds dk;kZy; dk j[kj[kko djus dk ik= gks ldrk gS vkSj nkf;Ro fuokZgu esa fd, x, O;; dh çfriwrhZ çkIr djus gsrq ik= gSA

ykxw ugh] D;ksfd v/;{k dk in dk;Zikyd dk in gSA

2- vafre 6 ekg ds nkSjku] egRoiw.kZ ?kVukvksa ds lkjka'k lfgr foÙkh; dk;Z&fu"iknu dh Nekgh ?kks"k.kk dks 'ks;j /kkjdksa dks Hksth tk ldrh gSA

'ks;j/kkjdksa dh lwpuk gsrq frekgh/v/kZ&okf"kZd@okf"kZd foÙkh; ifj.kkeksa dks LV‚d ,Dlpsat Hkstk tkrk gS] çeq[k lekpkj i=ksa esa çdkf'kr djk;k tkrk gS vkSj 'ks;j/kkjdksa dh tkudkjh gsrq@cSad dh osclkbZV www.psbindia.com ij Hkh miyC/k djk;k tkrk gSA

3- daiuh dks vuDokfyQkbM foÙkh; foojf.k;ksa dh O;oLFkk dh vksj tkuk pkfg,A

cSad dh foÙkh; foojf.k;ka vuDokfyQkbM gksrh gSA

4- daiuh ckgjh O;fä dks v/;{k ,oa çca/k funs'kd@lh-bZ-vks- ds in ij fu;qä dj ldrh gSA

Hkkjr ljdkj }kjk cSaddkjh daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1980 dh 'krksaZ ds vuq:i v/;{k ,oa çca/k funs'kd dh fu;qfDr dh tkrh gSA

5- vkarfjd ys[kkdkj lh/ks rkSj ls ys[kk ijh{k.k lfefr dks fjiksVZ dj ldrs gSaA

fujh{k.k foHkkx }kjk vkarfjd ys[kkdkjksa dh fjiksVksaZ dks lh/ks rkSj ij ys[kk ijh{k.k lfefr ds le{k j[kk tkrk gSA

Punjab & Sind Bank


The Sitting Fee paid to the Non-Executive Directors during the Year 2014-15 is as under: (No sitting fee is payable to whole time directors and director representing Government. of India):

Sr.No Name of the Director Amount Paid in Rs.

1 Sh Sukhen Pal Babuta 1,60,000

2. S. Mahesh Kumar Gupta 1,45,000

3 Sh Sanjiv Kumar Arora 40,000

4 Sh. M S Sarang 1,30,000

5 Sh Suresh Thakur 25,000

6 Sh N. Rajendran 10,000

7 Sh S.P.S. Virk 1,15,000

8 Sh. Sanjay Verma 1,50,000

9 Smt. Anita Karnavar 1,65,000

TOTAL 9,40,000

6. DISCLOSURES: a) There is no materially significant Related Party Transaction that may have potential conflict with the interests of the

Bank at large. b) Related Party Transactions Policy is available on website of the Bank at https://www.psbindia.com/PSBPolicy_

Related_PartyTransactions.pdf c) No penalties and strictures have been imposed on the Bank by the Stock Exchange and /or SEBI for non-compliance

of any law, guidelines and directives, on any matters related to capital markets, during the last three years. d) Bank has Whistle Blower Policy in place and no personnel have been denied access.

7. MANDATORY AND NON-MANDATORY REQUIREMENTS: The Bank has complied with all applicable mandatory requirements as per Clause 49 of the Listing Agreement entered into with

Stock Exchanges where Bank’s shares are listed. The extent of implementation of non-mandatory requirements is as under:

Sr. No Non-mandatory requirement Status of Implementation1. A non-executive Chairman may be entitled to maintain

a Chairman’s Office at the company’s expense and also allowed reimbursement of expenses incurred in performance of his duties.

Not Applicable, since the Chairman’s position is Executive.

2. A half-yearly declaration of financial performance including summary of the significant events in last six months, may be sent to each household of shareholders.

Quarterly/Half yearlyYearly financial results are sent to Stock Exchanges, published in leading newspapers and are also placed on Bank’s website www:psbindia.com for information of the shareholders.

3. Company may move towards a regime of unqualified financial statements.

The financial statements of the Bank are unqualified.

4. The Company may appoint separate persons to the post of Chairman and Managing Director/CEO.

Chairman and Managing Director is appointed by Govt. of India in terms of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1980.

5. The Internal Auditor may report directly to the Audit Committee.

Internal audit reports are directly placed before the Audit Committee by Inspection Department.

iatkc ,.M fla/ cSad


8- LkaÁs"k.k ds Lkk/ ku % cSad] fodflr lwpuk çkS|ksfxdh ,oa lapkj ds lk/kuksa ds ek/;e ls vius lnL;ksa vkSj fgr/kkjdksa dks muds fgrksa ls lac) tkudkfj;ksa

ds fo"k; esa lwfpr djus dh vko';drk dks le>rk gSA

cSad ds foÙkh; ifj.kkeksa dks funs'kd eaMy dh cSBd esa muds vuqeksnu ds i'pkr] cSBd dh lekfIr ij rRdky mu LV‚d ,Dlpsatks dks çLrqr fd;k tkrk gS tgka ij cSad dh çfrHkwfr;k¡ lwphc) gSaA ;g ifj.kke U;wure nks lekpkj i=ksa esa Hkh çdkf'kr djok, tkrs gSa ¼,d fganh vkSj nwljk vaxzsth½] tSlk Hkh vko';d gksA

cSad ds frekgh@o"kZ nj o"kZ@okf"kZd ifj.kkeksa dh çfr cSad dh osclkbZV– http://www.psbindia.com ij miyC/k gSA cSad ds bDoVh 'ks;j Hkkjr esa fuEu çeq[k nks LV‚d ,dslpsatksa ij lwphc) gSa % 1- c‚Ecs LV‚d ,DLkpsat fy-

fQj¨t ththÒ¨; V‚oLkZ] 25oka ry] nyky LVªhV] Q¨VZ] eqEcbZ 400001 ch,LkbZ d¨M% 533295

2- us'kuy LV‚d ,DLkpsat vkWQ bafM;k fy- ,DLkpsat Iyktk ckaæk dqykZ d‚EIysDLk] ckaæk iwoZ] eqEcbZ 400051 ,u,LkbZ d¨M% ih,Lkch&bZD;w

,u,lMh,y] lhMh,l,y dks vfHkj{kk 'kqYd vkSj ch,lbZ] ,u,lbZ dks ,Dlpsat esa lwphc) lHkh çfrHkwfr;ksa ds lwphdj.k 'kqYd dk vkt rd dk Hkqxrku dj fn;k x;k gSA

9-1 ÁfrÒwfr;¨a dk vÒ©frdhdj.k % lsch dh vfuok;Z vHkkSfrd lwph ds varxZr~ cSad ds 'ks;j vkrs gSa vkSj cSad us vius 'ks;jksa ds vHkkSfrdhdj.k gsrq us'kuy flD;ksfjVh

lfoZlst ¼bafM;k½ fy- ¼,u,lMh,y½ rFkk lsaVªy fMi‚ftVjh lfoZlst ¼bafM;k½ fy- ¼lhMh,l,y½ ds lkFk djkj fd;k gSA 'ks;j/kkjd] ,u,lMh,y vFkok lhMh,l,y ds ikl vius 'ks;jksa dks vHkkSfrdh—r djok ldrs gSaA

31 ekpZ] 2015 dks cSad ds ikl 40]04]11]027 bDoVh 'ks;j gS ftuesa ls 40]04]05]089 'ks;j vHkkSfrd :i esa /kkfjr gSa ftudk fooj.k fuEukuqlkj gS%

/ kkfjrk dk Lo:i 'ks;j¨a dh Lka[;k izfr'krHkkSfrd 5938 0-0015vÒ©frd,u-,Lk-Mh-,y-Lkh-,Lk-Mh-,y-*

mi&;ksx

72345315328059774400405089

18-067881-930799-9985

dqy ;ksx 400411027 100-0000

* buesa Hkkjr ljdkj }kjk /kkfjr 31]88]22]775 bZfDoVh 'ks;j lfEefyr gSaA

9-2 bZySDVª‚fud lek'kks/ku lsok,a ¼bZ-lh-,l-½ bZySDVª‚fud lek'kks/ku lsok,a ¼bZ-lh-,l-½ Hkqxrku dh vk/kqfud ç.kkyh gS ftlesa lacaf/kr fuos'kd ds [kkrs esa ykHkka'k@C;kt vkfn

dh jkf'k lh/ks rkSj ij tek dh tkrh gSA cSad us 'ks;j/kkjdksa dks lHkh dsaæksa ij tgk¡ Hkkjrh; fjt+oZ cSad ds v/khu jk"Vªh; bZ-lh-,l-@bZ-lh-,l- lqfo/kk,a miyC/k gSa] ij lsok dk ykHk mBkus dk fodYi fn;k gSA

9-3 bysDVª‚fud 'ks;j varj.k ç.kkyh rFkk fuos'kdksa dh f'kdk;rksa dk fuokj.k % cSad lqfuf'pr djrk gS fd lHkh 'ks;jksa dk varj.k laca/kh leLr dk;Z] mudh çLrqfr dh rkjh[k ls iaæg fnu ds vanj fof/kor

:i ls laiUu gks tk,A cksMZ us 'ks;jksa ds varj.k ,oa vU; lacaf/kr ekeyksa dh fuxjkuh ,oa leh{kk djus gsrq 'ks;j/kkjd@fuos'kd f'kdk;r lfefr ,oa 'ks;j varj.k lfefr dk xBu fd;k gSA ;s lfefr;ka fu;fer varjky ij cSBds vk;ksftr djrh gSa vkSj fuos'kd&f'kdk;rksa dh fLFkfr dh leh{kk djrh gSaA

Punjab & Sind Bank


8. MEANS OF COMMUNICATION: The Bank recognizes the need for keeping its shareholders and stakeholders informed of the events of their interests

through present advanced information technology and means of communication. The financial results of the Bank are submitted to the stock exchanges, where the securities of the Bank are listed,

immediately after the conclusion of the Board Meeting approving the same. The results are published in minimum two newspapers (one English and one Hindi) as required.

The quarterly / year to year / Annual Financial Results of the Bank are hosted on the Bank’s website: http://www.psbindia.com. The Bank’s equity shares are listed on the following major Stock Exchanges in India : 1) Bombay Stock Exchange Ltd.,

Phiroze Jeejeebhoy Towers 25th Floor, Dalal Street, Fort, Mumbai 400 001 BSE CODE : 533295

2) National Stock Exchange of India Ltd. “Exchange Plaza” Bandra Kurla Complex, Bandra,(East) Mumbai 400 051 NSE CODE : PSB-EQ

Custodial fee to NSDL, CDSL and listing fees to BSE, NSE in respect of all securities listed with the exchange(s) has been paid till date.

9.1 Dematerialisation of Securities : The shares of the Bank are under compulsory demat list of SEBI and the Bank has entered in to Agreements with National

Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) for dematerialization of Bank’s shares. Shareholders can get their shares dematerialized with either NSDL or CDSL.

As on March 31, 2015 the Bank has 40,04,11,027 Number of Equity Shares of which 40,04,05,089 Shares are held in dematerialized form, as per the detail given below.

Nature of Holding Number of shares Percentage

Physical 5,938 0.0015

DematerializedNSDLCDSL *

Sub-Total

7,23,45,31532,80,59,77440,04,05,089

18.067881.930799.9985

Total 40,04,11,027 100.0000

* includes 31,88,22,775 equity shares held by the Government of India.

9.2 Electronic Clearing Services (ECS) :

Electronic Clearing Services is a modern method of payment where the amounts of dividend/interest etc., are directly credited to the bank accounts of the Investors concerned. The Bank has offered the services to the shareholders with an option to avail the facility at all the centers covered by Reserve Bank of India under its ECS/NECS facility.

9.3 Electronic Share Transfer System & Redressal of Investors’ Grievances:

The Bank ensures that all transfer of Shares are duly affected within a period of fifteen from the date of their lodgment. The Board has constituted Stakeholders Relationship Committee to monitor and review the progress in redressal of shareholders’/ investors’ grievances and Shares Transfer Committee to consider transfer of Shares and other related matters. The Committee meets at regular intervals and reviews the status of Investors' Grievances.

iatkc ,.M fla/ cSad


cSad us eSllZ fyad buVkbZe bafM;k çk- fy- dks vius jftLVªkj vkSj varj.k ,tsaV ds :i esa fu;qä fd;k gS ftldk dk;Z 'ks;j varj.k] ykHkka'k Hkqxrku] 'ks;j/kkjdksa ds vuqjks/k dks vfHkysf[kr djuk] fuos'kdksa dh f'kdk;rksa dk lek/kku ds vykok 'ks;j@ckaM tkjh djus laca/kh vU; xfrfof/k;ksa dks lqfuf'pr djuk gSA

fuos'kd vius varj.k foys[k@vuqjks/k@f'kdk;rksa dks fuEu irs ij jftLVªkj dks çsf"kr dj ldrk gS% eSLkLkZ Çyd buVkbZe bafM;k Ák- fy-

¼bdkbZ % iatkc ,.M ÇLk/ k cSad½ 44] dE;wfuVh lsaVj] f}rh; ry] ukjk;.kk vkS|ksfxd {ks=] Qst&I]

ih-oh-vkj- ukjk;.kk ds ikl] ubZ fnYyh&110028 nwjHkk"k% ¼011½ 41410592 ls 0594 QSDl% ¼011½ 41410591 bZ esy% [email protected]

cSad us 'ks;j d{k dh LFkkiuk ç/kku dk;kZy;] 21] jktsaæ Iysl] ubZ fnYyh&110008 esa dh gS] tgka 'ks;j/kkjd vius varj.k foys[k@vuqjks/kksa@f'kdk;rksa dks lek/kku gsrq fuEufyf[kr irs ij Hkst ldrs gSa &

iatkc ,.M ÇLk/ k cSad ç-dk- ys[kk ,oa ys[kk ijh{kk foHkkx ¼'ks;j d{k½ 21] jktsaæ Iysl] ubZ fnYyh &110008 nwjHkk"k% ¼011½ 25782926] 25728930] 25812922

QSDl% ¼011½ 25781639 bZ&esy% [email protected]

¼mä bZ&esy vkbZ-Mh- d¨ fuos'kdä dh f'kdk;rä gsrq LV‚d ,DLkpsatä ds LkkFk Lkwphc) djkj ds [kaM 47¼,Q½ ds v/khu ukfer fd;k x;k gS½

10- fuyac [kkrs esa vkcafV;ksa ds vnkok 'ks;jksa ds laca/k esa fLFkfr dh fjiksVZ¼31-03-2015½

Ø-Lka- fooj.k ,u,lMh,y bu 301330&21335661

lhMh,l,y 1601010000399414

1- o"kZ ds vkjaHk esa ih,lch vnkoh mpar [kkrs esa iM+s gq, 'ks;jksa dh la[;k 1272 12302- 'ks;j varj.k ds fy, vk, 'ks;j /kkjdksa dh la[;k vkSj 'ks;j /kkjdksa dh

la[;k ftuds 'ks;jksa dks mpar [kkrs ls varfjr fd;k x;k&& &&

3- o"kZ ds var esa ih,lch vnkoh mpar [kkrs esa iM+s gq, 'ks;jksa dh la[;k 1272* 1230* * çekf.kr fd;k tkrk gS fd bu 'ks;jksa ds oksfVax vf/kdkjksa ij rc rd jksd jgsxh tc rd fd bu 'ks;jksa dk vlyh Lokeh nkok ugh djrk gSA

11- d‚i¨ZjsV xousZaLk cSad us mu i)fr;ksa] ijaijkvksa ,oa lafgrkvksa dks viuk;k gS vkSj mudk ikyu dj jgk gS tks cSad ds fgr/kkjdksa ,oa tekdrkZvksa

dks xq.koÙkkiw.kZ dkiksZjsV xousaZl dk vk'oklu çnku djrk gSA cSad dh ikjn'khZ LokfeRo lajpuk] lqO;ofLFkr dk;Zikyd çca/ku lajpuk] larks"ktud tksf[ke çca/ku i)fr;ka] cksMZ ,oa ofj"B çca/ku dh fu;qfä;ksa esa ikjnf'kZrk] foLr`r ,oa ifj"—r ys[kk dk;Zfof/k tks fd fujh{k.k çHkkx rFkk Lora= ys[kkdeksaZ }kjk viukbZ tkrh gS] dks ifjyf{kr djrh gSA

12- foÙkh; dSysaMj

foÙkh; o"kZ 1 vçSy] 2014 ls 31 ekpZ] 2015

ik¡poh okf"kZd lkekU; cSBd dh frfFkik¡poh okf"kZd lkekU; cSBd dk le;ikapoh lkekU; cSBd dk LFky

29-06-2015 ¼lkseokj½ 10 cts çkr% dkybafM;k baVjus'kuy dsaæ] 40] eSDl eqyj ekxZ]yks/kh ,LVsV] ubZ fnYyh&110003

cfg;ksa dks can djus dh rkjh[k 23-06-2015 ls 29-06-2015

fjdkMZ frfFk ¼vafre ykHkka'k gsrq ik=rk½ 22-06-2015ç‚Dlh QkeZ çkIr djus dh vafre rkjh[k 24-06-2015

Punjab & Sind Bank


The Bank has appointed Link Intime India Pvt Ltd as its Share Transfer Agent with a mandate to process transfer of Shares, dividend payments, recording of Shareholders’ requests, solution of investors’ grievances amongst other activities connected with the issue of Shares.

The Investors may lodge their transfer deeds / requests / complaints with the Share Transfer Agent at following address:

M/s Link Intime India Pvt Ltd (Unit: Punjab & Sind Bank) 44, Community Centre, IInd floor, Naraina Indl. Area, Phase-I,

Near PVR Naraina, New Delhi-110 028. Phone : (011) 41410592 to 0594 Fax : (011) 41410591

E Mail : [email protected] The Bank has established Shares Cell at Head Office, 21,Rajendra Place,New Delhi-110008 wherein the shareholders can

mail their requests/complaints for resolution, at the address given below:

Punjab & Sind Bank Head Office : Shares Cell,

21-Rajendra Place, 1st Floor, New Delhi-110 008. Telephone : (011) 25782926, 25728930, 25812922 Fax : (011) 25781639 E-mail : [email protected]

(The aforesaid e-mail ID is exclusively designated for investors' complaints pursuant to Clause 47(F) of the listing agreement with Stock Exchanges)

10. Status report in respect of unclaimed shares of the allottees held in Escrow A/c(31.3.2015):

S. No. Particulars NSDL IN301330-21335661

CDSL1601010000399414

1. No. of shares lying in PSB Unclaimed Suspense Account in begin-ning of the year

1272 1230

2. No. of shareholders who approached for transfer of shares and to whom shares were transferred from Suspense A/c

-- --

3. No. of shares lying in PSB Unclaimed Suspense Account at the end of the year

1272* 1230*

* Certified that voting rights on these shares shall remain frozen till the rightful owner claims the said shares.

11. Corporate Governance The Bank has adopted and follows such practices, convention and codes as would provide its financial stakeholders

including the depositors, a high level of assurance on the quality of Corporate Governance. The Bank has transparent ownership structure, well-defined executive management structure, satisfactory risk management practices, transparency in appointment and functioning of the Board and Senior Management and an elaborate audit function, carried out both by its Inspection Department and independent audit firms.

12. Financial Calendar Financial Year 1st April, 2014 to 31st March, 2015Date of Fifth Annual General Meeting.Time of Fifth Annual General MeetingVenue of Fifth Annual General Meeting

29.06.2015 (Monday) 10.00 A.M.India International Centre,40-Max Mueller Marg, Lodhi Estate,New Delhi-110003

Book Closure dates 23.06.2015 to 29.06.2015Date for entitlement of dividend 22.06.2015Last Date for receipt of Proxy Forms 24.06.2015

iatkc ,.M fla/ cSad


13- 31 ekpZ] 2015 d¨ 'ks;j/ kkfjrk Lo:i

Ø-Lka- fooj.k 'ks;j/ kkjdä dh Lka[;k 'ks;j bfDoVh dk izfr'kr

1- Hkkjr ljdkj ¼çorZd½ 1 318822775 79-62

2- foÙkh; laLFkku@chek daifu;ka@cSad 20 43258965 10-80

3- fons'kh laLFkkxr fuos'kd 19 6970363 1-74

4- d‚jiksjsV fudk; 856 4986536 1-25

5- O;Sfäd fuoklh 145717 25034858 6-26

6- vfuoklh Hkkjrh; 1137 927545 0-23

7- fons'kh d‚iksZjsV fudk; 1 530 0-00

8- U;kl 14 294186 0-07

9- lek'kks/ku lnL; 71 115269 0-03

dqy ;ksx 147836 400411027 100-00

13-1 Hkkjr ds jk"Vªifr tks Hkkjr ljdkj dk çfrfuf/kRo djrs gS] dks rFkk Hkkjrh; thou chek fuxe [,y-vkbZ-lh-] dks vf/keku vk/kkj ij bfDoVh 'ks;jksa dks vkcafVr djukA

fnukad 19-09-2014 dks vk;ksftr vlk/kkj.k lkekU; cSBd esa cSad ds 'ks;j/kkjdksa }kjk ikfjr fo'ks"k ladYi ds vuqlkj Hkkjr ds jk"Vªifr dks Hkkjr ljdkj ds fy, #-10@& vafdr ewY; ds 9]46]90]563 bZDoVh 'ks;j dks #- 59-14 dh nj ls ftlesa #- 49-14 çfr 'ks;j dk çhfe;e lfEefyr gS] ftldh dqy jkf'k #-560]00]00]000 ¼Hkkjr ljdkj ds #- 200 djksM+ ds csfe;knh xSj lap;h vf/keku 'ks;j ¼ih,ulhih,l½] #- 200 djksM+ ds csfe;knh lap;h vf/keku 'ks;j ¼ihlhih,l½] rFkk #- 160 djksM+ ds uoksUes"kh csfe;knh _.k fyf[kr ¼vkbZihMhvkbZ½ dks fofues; djus ij½ Hkkjr ljdkj dks vkcafVr fd;k vkSj Hkkjrh; thou chek fuxe dks #- 10@& vafdr ewY; ds 3]04]36]252 bZDoVh 'ks;jksa dks vf/keku vk/kkj ij #- 59-14 ¼#- 49-14 ds çhfe;e lfgr½ ij vkcafVr fd;kA

14- 31 ekpZ] 2015 dks 'ks;j /kkjdksa dk Js.kh&okj forj.k

LkaoxZ ekeyä dh Lka[;k

ekeyä dk izfr'kr

dqy 'ks;j jkf'k ¼vafdr ewY;½

jkf'k dk izfr'kr

1 & 2500 132483 89-86 8498619 84986190 2-12

2501 & 5000 7864 5-32 3011525 30115250 0-75

5001 & 10000 3919 2-65 3060511 30605110 0-76

10001 & 20000 1769 1-20 2588153 25881530 0-65

20001 & 30000 476 0-32 1209066 12090660 0-30

30001 & 40000 237 0-16 847363 8473630 0-21

40001 & 50000 178 0-12 843834 8438340 0-21

50001 & 100000 278 0-19 2026673 20266730 0-51

100001 vkSj vf/kd 272 0-18 378325283 378325830 94-49

dqy ;ksx 147836 100-00 400411027 4004110270 100-00

Punjab & Sind Bank


13. Shareholding Pattern as on 31st March 2015 :

Sr. No. Description No. of Share Holders Shares % To Equity

1. Govt. of India (Promoters) 1 318822775 79.62

2. Financial Institutions/Ins Cos/ Banks 20 43258965 10.80

3. Foreign Institutional Investors 19 6970363 1.74

4. Bodies Corporate 856 4986536 1.25

5. Resident Individuals 145717 25034858 6.26

6. Non Resident Indians 1137 927545 0.23

7. Overseas Corporate Bodies 1 530 0.00

8. Trusts 14 294186 0.07

9. Clearing Members 71 115269 0.03

Total 147836 400411027 100.00

13.1. Allotment of Equity Shares to The President of India acting through the Government of India [GOI] and Life Insurance Corporation of India [LIC] on Preferential basis.

In terms of Special Resolution passed by the Shareholders of the Bank in the EGM held on 19.09.2014, 9,46,90,563 equity shares of Rs. 10/- each @ Rs.59.14 including a premium of Rs.49.14 per share aggregating to Rs.560,00,00,000 (by way of conversion of Innovation Perpetual Debt Instruments for Rs.160 crore, Perpetual Cumulative Preference Shares for Rs.200 crores and Perpetual Non-Cumulative Preference Shares for Rs. 200 crores held by the Govt. of India) were allotted to the Govt. of India and 3,04,36,252 equity shares of Rs. 10/- each @ Rs.59.14 including a premium of Rs.49.14 per share for cash were allotted to Life Insurance Corporation of India on 30.09.2014 on preferential basis.

14. Distribution of Shareholders – Category-wise as on 31st March 2015

Category No. of Cases % of Cases Total Shares Amount(Face Value) % of Amount

1 – 2500 132483 89.86 8498619 84986190 2.12

2501 – 5000 7864 5.32 3011525 30115250 0.75

5001 – 10000 3919 2.65 3060511 30605110 0.76

10001 – 20000 1769 1.20 2588153 25881530 0.65

20001 – 30000 476 0.32 1209066 12090660 0.30

30001 – 40000 237 0.16 847363 8473630 0.21

40001 – 50000 178 0.12 843834 8438340 0.21

50001 – 100000 278 0.19 2026673 20266730 0.51

100001 & Above 272 0.18 378325283 3783252830 94.49

TOTAL 147836 100.00 400411027 4004110270 100.00

iatkc ,.M fla/ cSad


15- LV‚d ,Dlpsat esa 'ks;j ewY;] 'ks;jksa esa [kjhn&Qjks[r dh ek=k ¼fnukad 01-04-2014 ls 31-03-2015 rd½

ekg us'kuy LV‚d ,Dlpsat v‚Q bafM;k fy- ¼,u-,l-bZ½ c‚Ecs LV‚d ,Dlpsat fy- ¼ch-,l-bZ-½

mPpre ¼:-½ U;wure¼:-½ [kjhn&Qjks[r dh ek=k ¼la[;k½

mPpre ¼:-½

U;wure ¼:-½

[kjhn&Qjks[r dh ek=k ¼la[;k½

vçSy] 2014 51-00 43-90 6725557 51-10 43-75 1590286ebZ] 2014 73-20 46-15 11187687 73-30 46-20 2656531twu] 2014 83-80 63-25 12778932 83-90 63-55 3138275tqykbZ] 2014 78-10 63-70 8074208 78-00 64-35 1814094

vxLr] 2014 65-85 53-40 2911985 65-80 53-50 771658

flrEcj] 2014 66-00 46-15 7197905 66-00 53-10 1863894

vDVwcj] 2014 59-80 53-15 4266982 59-60 53-20 1111380

uoEcj] 2014 67-35 57-55 11911585 67-40 57-80 3364165

fnlEcj] 2014 64-35 55-00 4506745 64-20 55-15 1073132

tuojh] 2014 66-20 59-75 4550189 66-20 59-70 1201960

Qjojh] 2014 61-90 53-10 3322628 62-00 53-20 816506ekpZ] 2014 58-20 44-05 2721270 57-90 44-00 949181

16- 31 ekpZ] 2015 dks 'ks;j/kkjdksa dk HkkSxksfyd –f"V ls ¼jkT;okj½ forj.k

Ø-Lka- jkT; ekeys 'ks;j 'ks;j¨a dh Lka[;k 1- vaMeku ,oa fudksckj 2 83 0-0002- vka/kz çns'k 5825 1671269 0-4173- v:.kkpy çns'k 5 1271 0-0004- vle 671 124554 0-0315- fcgkj 1460 293043 0-0736- paMhx<+ 1052 287481 0-0727- NÙkhlx<+ 697 121854 0-0308- nknjk ,oa ukxj gosyh 20 3597 0-0019- neu ,oa }hi 10 1358 0-00010- fnYyh 13922 323289298 80-73911- xksok 186 26866 0-00712- xqtjkr 28846 3616242 0-90313- gfj;k.kk 4866 1280255 0-32014- fgekpy çns'k 279 46114 0-01215- tEew ,.M d'ehj 235 65095 0-01616- >kj[kaM 1347 206575 0-05217- dukZVd 6519 1402384 0-35018- dsjy 1496 483179 0-12119- e/;çns'k 4017 837126 0-20920- egkjk"Vª 29922 50305224 12-56321- ef.kiqj 9 1199 0-00022- es?kky; 23 3158 0-00123- ukxkySaM 24 9364 0-00224- mM+hlk 935 181616 0-04525- ikaMhpjh 93 22043 0-006

Punjab & Sind Bank


15. Share Price, Volume of Shares Traded in Stock Exchanges (From 01.04.2014 to 31.03.2015)

Month National Stock Exchange of India Limited (NSE) Bombay Stock Exchange Ltd. (BSE)Highest (Rs.) Low Volume Traded

(Nos.)Highest (Rs.) Lowest (Rs.) Volume Traded

(Nos.)APR 2014 51.00 43.90 6725557 51.10 43.75 1590286MAY 2014 73.20 46.15 11187687 73.30 46.20 2656531JUN 2014 83.80 63.25 12778932 83.90 63.55 3138275JUL 2014 78.10 63.70 8074208 78.00 64.35 1814094AUG 2014 65.85 53.40 2911985 65.80 53.50 771658SEP 2014 66.00 46.15 7197905 66.00 53.10 1863894OCT 2014 59.80 53.15 4266982 59.60 53.20 1111380NOV 2014 67.35 57.55 11911585 67.40 57.80 3364165DEC 2014 64.35 55.00 4506745 64.20 55.15 1073132JAN 2015 66.20 59.75 4550189 66.20 59.70 1201960FEB 2015 61.90 53.10 3322628 62.00 53.20 816506MAR 2015 58.20 44.05 2721270 57.90 44.00 949181

16. Geographical (State Wise) Distribution of Shareholders as at 31st March, 2015

Sr. No. State Cases Shares % (No. of Shares)1. ANDAMAN & NICOBAR 2 83 0.0002. ANDHRA PRADESH 5825 1671269 0.4173. ARUNACHAL PRADESH 5 1271 0.0004. ASSAM 671 124554 0.0315. BIHAR 1460 293043 0.0736. CHANDIGARH 1052 287481 0.0727. CHATTISGARH 697 121854 0.0308. DADRA & NAGAR HAVELI 20 3597 0.0019. DAMAN & DIU 10 1358 0.000

10. DELHI 13922 323289298 80.73911. GOA 186 26866 0.00712. GUJARAT 28846 3616242 0.90313. HARAYANA 4866 1280255 0.32014. HIMACHAL PRADESH 279 46114 0.01215. JUMMU & KASHMIR 235 65095 0.01616. JHARKHAND 1347 206575 0.05217. KARNATAKA 6519 1402384 035018. KERALA 1496 483179 0.12119. MADHYA PRADESH 4017 837126 0.20920. MAHARASHTRA 29922 50305224 12.56321. MANIPUR 9 1199 0.00022. MEGHALAYA 23 3158 0.00123. NAGALAND 24 9364 0.00224. ORISSA 935 181616 0.04525. PONDICHERRY 93 22043 0.006

iatkc ,.M fla/ cSad


26- iatkc 4686 1216152 0-30427- jktLFkku 13261 1492555 0-37328- flfDde 4 400 0-00029- rkfeyukMw 7212 1534103 0-38330- f=iqjk 25 5314 0-00131- mÙkj çns'k 7679 1578575 0-39432- mÙkjk[k.M 866 152128 0-03833- if'pe caxky 10470 2251900 0-56234- ,-ih-vks-@vU; 15 1294 0-000

;ksx 146679 392512589 98-02735- ,u-vkj-vkbZ- 1157 7898438 1-973

dqy ;ksx 147836 400411027 100-00

d‚iksZjsV xousaZl dh 'krksaZ ds vuqikyu ls lacaf/kr ys[kk ijh{kdksa dk çek.k&i=iatkc ,.M fla/k cSad ds lnL;ksa gsrq

geus iatkc ,.M fla/k cSad ds LV‚d ,Dlpsatksa vFkkZr~ us'kuy LV‚d ,Dlpsat v‚Q bafM;k fyfeVsM rFkk c‚Ecs LV‚d ,Dlpsat fyfeVsM ds lkFk lwphc) djus laca/kh djkj ds [kaM 49 esa fofufnZ"V d‚iksZjsV xousaZl dh 'krksaZ ds çlax esa cSad }kjk 31 ekpZ] 2015 dks lekIr o"kZ gsrq d‚iksZjsV xousaZl laca/kh vuqikyu fLFkfr dh tkap dh gSA

d‚iksZjsV xousaZl laca/kh 'krksaZ dk vuqikyu djuk çca/ku dk nkf;Ro gSA gekjh tkap] d‚iksZjsV xousaZl laca/kh ck/;rkvksa dk vuqikyu lqfuf'pr djus gsrq cSad }kjk viukbZ xbZ çfØ;kvksa vkSj dk;kZUo;u rd lhfer FkhA ;g u rks ys[kk ijh{kk gS vkSj u gh cSad dh foÙkh; foojf.k;ksa ds fo"k; esa gekjk vfHker gSA

ge viuh jk; rFkk loksZÙke tkudkjh rFkk gesa fn, x, Li"Vhdj.kksa ds vk/kkj ij çekf.kr djrs gSa fd cSad us mijksä lwphc) djkj esa fofufnZ"V d‚iksZjsV xousaZl laca/kh ck/;rkvksa dk vuqikyu fd;k gSA

gekjk ;g Hkh vfHkdFku gS fd mä vuqikyu dk vfHkçk; cSad dh Hkfo"; dh l{kerk ds çfr ;g dksbZ vk'oklu ugh gS vkSj u gh ;g cSad ds dk;Zikydksa ds lapkyu esa çca/ku dh dq'kyrk ,oa çHkkoiw.kZrk ds fo"k; esa vk'oklu gSA

—rs ch-ds- JkQ ,.M daiuh —rs vkj- dksBkjh ,.M daiuhlunh ys[kkdkj lunh ys[kkdkj

¼,y-ds- JkQ½ ¼jkts'k dqekj½ikVZuj ikVZuj,e-ua- 060742 ,e-ua- 090865,Qvkj,u # 302166bZ ,Qvkj,u # 307069bZ

—rs frokjh ,.M ,lksf'k,Vl —rs f<+Yyksa ,.M ,lksf'k,Vllunh ys[kkdkj lunh ys[kkdkj

¼—".k dqekj½ ¼jkts'k eYgkS=k½ikVZuj ikVZuj,e-ua-085415 ,e-ua- 090661,Qvkj,u 002870,u ,Qvkj,u%002783,u fnukad % 12 ebZ] 2015LFkku % ubZ fnYyh

Punjab & Sind Bank


26. PUNJAB 4686 1216152 0.30427. RAJASTHAN 13261 1492555 0.37328. SIKKIM 4 400 0.00029. TAMIL NADU 7212 1534103 0.38330. TRIPURA 25 5314 0.00131. UTTAR PRADESH 7679 1578575 0.39432. UTTARAKHAND 866 152128 0.03833. WEST BENGAL 10470 2251900 0.56234. APO/ OTHERS 15 1294 0.000

Total 146679 392512589 98.02735. NRI 1157 7898438 1.973

GRAND TOTAL 147836 400411027 100.000

Auditors’ Certificate on Compliance of Conditions of Corporate GovernanceTo: The Members of Punjab & Sind Bank

We have examined the compliance of conditions of Corporate Governance by Punjab & Sind Bank, for the year ended on 31st March 2015, as stipulated in Clause-49 of the Listing Agreement of the Bank with Stock Exchanges. i.e. National Stock Exchange of India Limited and Bombay Stock Exchange Limited.

The compliance of conditions of Corporate Governance is the responsibility of management. Our examination was limited to procedures and implementation thereof, adopted by the Bank for ensuring the compliance of the conditions of the 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 com-plied with the conditions of Corporate Governance as stipulated in the above mentioned Listing Agreement.

We 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 B. K. Shroff & Co. For R. Kothari & Co.Chartered Accountants Chartered Accountants

(L. K. Shroff) (Rajesh Kumar)Partner PartnerM. No. 060742 M. No. 090865FRN : 302166E FRN : 307069E For Tiwari & Associates For Dhillon & AssociatesChartered Accountants Chartered Accountants

(Krishan Kumar) (Rajesh Malhotra)Partner PartnerM. No. 085415 M. No. 090661FRN : 002870N FRN : 002783N Date : May 12, 2015Place : New Delhi

iatkc ,.M fla/ cSad


funs'kd eaMy]iatkc ,.M ÇLk/k cSad]ubZ fnYyh

egksn;]fo"k;% o"kZ 2014&15 gsrq [k.M 49¼II½¼bZ½¼2½ ds varxZr ?kks"k.kk

?kksf"kr fd;k tkrk gS fd cSad ds funs'kd eaMy ds lnL; rFkk ofj"B çca/ku dkfeZdksa us LV‚d ,Dlpsat ds lkFk lwphc) djus laca/kh djkj ds [k.M 49¼II½¼bZ½¼2½ esa fofufnZ"V vkpkj lafgrk ds çlax esa cSad }kjk 31 ekpZ] 2015 dks lekIr foÙkh; o"kZ ds fy, rnkuqlkj vuqikyuk dh iqf"V dj nh gSA mä vkpkj lafgrk dks cSad dh osclkbV ij Hkh n'kkZ;k x;k gSA Ñrs iatkc ,.M ÇLk/k cSad


lh-bZ-vks-@lh-,Q-vks- çek.khdj.kfuns'kd eaMy] iatkc ,.M ÇLk/k cSad] ubZ fnYyh

egksn;]

fo"k;% o"kZ 2014&15 ds fy, lh-bZ-vks-@lh-,Q-vks- çek.khdj.k

lwphc)rk djkj dh /kkjk 49 dh vuqikyuk esa] ge ,rn~ }kjk çekf.kr djrs gSa fd%

d- geus o"kZ 2014&15 dh foÙkh; fooj.kh rFkk udnh çokg fooj.kh ¼lesfdr½ dh laoh{kk dh gS rFkk gekjh vf/kdre tkudkjh ,oa fo'okl ds vuqlkj%(i) bu foojf.k;ksa esa dksbZ fo"k;xr v;FkkFkZ vfHkdFku ugh gS vFkok dksbZ fo"k;xr rF; fNik;k ugh x;k gS vFkok buesa dksbZ

Hkzked vfHkdFku 'kkfey ugh fd;k x;k gSA(ii) ;s [email protected] cSad ds dk;Zdykiksa dk lgh ,oa Li"V –f"Vdks.k çLrqr djrs gSa rFkk ;s fo|eku ys[kk ekudksa] ykxw

fu;eksa ,oa fofu;eksa ds vuq:i gSaA[k- gekjh tkudkjh ,oa fo'okl ds vuqlkj] o"kZ ds nkSjku cSad }kjk ,sls dksbZ laO;ogkj ugh fd, x, tks /kks[kk/kM+h esa fyIr gks] xSj

dkuwuh gks vFkok cSad dh vkpkj lafgrk ds fo:) gksAx- ge foÙkh; fjiksfVaZx ls laca) vkarfjd fu;a=.kksa dk iw.kZ nkf;Ro Lohdkj djrs gSaA ge ;g Hkh Lohdkj djrs gSa fd geus foÙkh;

fjiksfVaZx dh vkarfjd fu;a=.k ç.kkyh dh çHkko'khyrk dk ewY;kadu@vkadyu fd;k gS rFkk geus ys[kk ijh{kdksa vkSj ys[kk lfefr dks vkarfjd fu;a=.kksa ds ifjpkyu ,oa Lo:i ls laca) dfe;ksa ;fn dksbZ gS vFkok tks gekjs vfHkKku esa gS ,oa geus bUgsa nwj djus ds tks mik; fd, gS ;k çLrkfor gS] dh tkudkjh ns nh gSA

?k- geus ys[kk ijh{kdksa rFkk ys[kk ijh{kk lfefr dks fuEufyf[kr ls voxr djk;k gS %(i) o"kZ ds nkSjku foÙkh; fjiksfVaZx ds lanHkZ esa vkarfjd fu;a=.k O;oLFkk esa egRoiw.kZ ifjorZu(ii) o"kZ ds nkSjku ys[kk uhfr;ksa esa egRoiw.kZ ifjorZu rFkk budk mYys[kfoÙkh; fof'kf"V;ksa ds [email protected];ksa esa dj fn;k x;k gSA (iii) gekjh tkudkjh esa vk, /kks[kk/kM+h laca/kh fof'k"V ekeys rFkk muesa çca/ku vFkok fdlh deZpkjh dh lafyIrrk ftldh foÙkh;

fjiksfVaZx Hkh vkarfjd fu;a=.k ç.kkyh esa vge Hkwfedk gksA

Ñrs iatkc ,.M ÇLk/k cSad Ñrs iatkc ,.M ÇLk/k cSad vkbZ-,l- HkkfV;k tfrUnjchj flageq[; foÙk vf/kdkjh v/;{k ,oa Áca/k funs'kd

LFkku % ubZ fnYyhfnukad % 12 ebZ] 2015

Punjab & Sind Bank


The Board of Directors Punjab & Sind BankNew Delhi

Dear Sirs,Re: Declaration under Clause 49(II)(E)(2) for 2014-15

It is to declare that all the Board Members and Senior Management Personnel of the Bank have affirmed their compliance of the Code of Conduct for the Financial Year ended on 31st March, 2015 in accordance with clause 49 (II) (E)(2) of the Listing Agreement entered into with the Stock Exchanges. The said Code of Conduct has been hosted on the Bank’s website.

For Punjab & Sind Bank Place : New Delhi Jatinderbir Singh Dated : May 12, 2015 Chairman & Managing Director

CEO/CFO CertificationThe Board of Directors Punjab & Sind BankNew Delhi

Dear Sirs,

Re: CEO/CFO Certification for the year 2014-15

Pursuant to clause 49 of the Listing Agreements, we hereby certify that:(a) (A) We have reviewed financial statements and the cash flow statement for the year and that to the best of our knowledge and belief :

(i) these statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading;

(ii) these statements together present a true and fair view of the Bank’s affairs and are in compliance with existing accounting standards, applicable laws and regulations.

(b) There are, to the best of our knowledge and belief, no transactions entered into by the Bank during the year which are fraudulent, illegal or violative of the Bank’s code of conduct.

(c) (C) We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have evaluated the effectiveness of internal control systems of the Bank pertaining to financial reporting and we have disclosed to the auditors and the Audit Committee, deficiencies in the design or operation of such internal controls, if any, of which we are aware and the steps we have taken or propose to take to rectify these deficiencies.

(d) We have indicated to the auditors and the Audit committee:(i) significant changes in internal control over financial reporting during the year;(ii) significant changes in accounting policies during the year and that the same have been disclosed in the notes to the

financial statements; and (iii) instances of significant fraud of which we have become aware and the involvement therein, if any, of the management

or an employee having a significant role in the company’s internal control system over financial reporting.

For Punjab & Sind Bank For Punjab & Sind Bank I.S. Bhatia Jatinderbir Singh Chief Financial Officer Chairman & Managing Director

Place : New Delhi Dated : May 12, 2015

iatkc ,.M fla/ cSad


ckly II ds fy, çdVhdj.k 31 ekpZ] 2015 dks lekIr o"kZrfydk Mh ,Q&1 vuqç;ksx dk fo"k; {ks=

xq.kkRed çdVhdj.kd½ bl oxZ ds loksZÙke cSad dk uke ftl ij :ijs[kk ykxw gksrh gSA

cSad ,sls fdlh oxZ esa ugha vkrk gSA

[k½ fu;ked mís';ksa ds vk/kkj ij rFkk ys[kksa ds lesdu esa fHkUurkvksa dk lkjka'k oxZ ds varxZr vkus okyh çfof"V;ksa dk laf{kIr C;kSjk ¼i½ ftudk iw.kZ #i ls lesdu fd;k x;k gS] ¼ii½ ftudk lekuqikfrd vk/kkj ij lesdu fd;k x;k gS] ¼iii½ ftUgsa NwV nh xbZ gS] rFkk ¼iv½ ftUgsa u rks lesfdr fd;k x;k gS vkSj u gh NwV nh xbZ gSA ¼tSls dksbZ tksf[k+e Hkkfjr fuos'k½

ykxw ugÈ

ek=kRed çdVhdj.kd½ lHkh lgk;d daifu;ksa dh iwath esa dfe;ksa dh dqy jkf'k ftls lesdu esa lfEefyr ugha fd;k x;k vFkkZR k~

ftUgsa ?kVk;k x;k gS rFkk ftuds uke ,slh lgk;d daifu;ksa ls gVk, x, gSaA

ykxw ugÈ

[k½ cSad dh dqy jkf'k ¼vFkkZr~ pkyw cgh ewY;½ tks chek daifu;ksa esa yxh gS] muesa ls tks tksf[k+e Hkkfjr gS] muds uke] muds fuxeu dk laLFkku ;k vkokl] LokfeRo dk va'k rFkk ;fn fHkUu gS rks bu laLFkkuksa esa muds erkf/kdkj 'kfä dk va'kA blds vfrfjä fu;ked iwath cuke NwV ds rjhds ds ç;ksx ls gksus okys ek=kRed çHkko Hkh lwfpr djsaA

ykxw ugÈ

rkfydk Mh ,Q 2 & iwath lajpukxq.kkRed çdVhdj.k

yksvj fV;j II iwath gsrq fu;e ,oa 'krs±%

cSad us yksvj fV;j II ds ek/;e ls xkS.k _.kksa ds #i esa opu&i= ds dwiu tkjh fd, gSa] ftudk Hkqxrku okf"kZd@v/kZokf"kZd vk/kkj ij fd;k tkuk gSA bu c‚.Ml dks ns'kh nj&fu/kkZj.k ,tsafl;ksa ls fof/koR k~ Js.kh fu/kkZfjr djokus ds ckn tkjh fd;k x;k gSA lHkh cdk;k c‚.Ml jk"Vªh; LV‚d ,Dlpsat] eqEcbZ esa lwphc) gSaA bu c‚.Ml dh vU; egRoiw.kZ ckrsa gSa %

» c‚.Ml dh vof/k buds tkjh djus dh frfFk ls 117 ekg ls 127 ekg ds chp gksrh gSA

» ;s çi= iw.kZr% pqdrk] çfrHkwfr jfgr rFkk vU; ysunkjksa ds nkoksa ls xkS.k gSa] çfrca/kh [k.M ls eqä gSa vkSj /kkjd ds dgus ij ;k Hkkjrh; fjt+oZ cSad dh lgefr ds fcuk Hkquk, ugha tk ldrs gSaA

» ;s çi= viuh vof/k ds vafre i‚ap o"kksaZ ds nkSjku 20% çfro"kZ dh nj ls Øfed Hkqxrku ds v/khu gSaA bl çdkj fd, x, Hkqxrku dh jkf'k dks iWwath i;kZIrrk mís';ksa gsrq fV;j II iwath esa 'kkfey ugha fd;k x;k gSA

bu çi=ksa ds fuos'kdksa ds nkoksa dks fV;j I iwath esa 'kkfey djus ds fy, ik= çi=ksa ds fuos'kdksa ds nkoksa ls ojh;rk çnku dh xbZ gS rFkk vU; ysunkjksa ds nkoksa ls xkS.k ekuk x;k gSA

xkS.k _.k çi=] cSad dh fV;j I iwath ds 50% rd lhfer gksaxs rFkk bu çi=ksa ds lkFk fV;j II iwath ds vU; laxBd fV;j I iwath ds 100% ls vf/kd ugha gksaxsA

cSad us ,slh dksbZ Hkh vij fV;j II iwath rFkk uoksUes"k çi= tkjh ugha fd, gSa] tksfd fV;j I iwath esa lekos'k ds ;ksX; gSaA

:- djksM+

d½ fV;j 1 iwath dh jkf'k] fuEu dk vyx ls çdVhdj.k jkf'k » çnr va'k iwath; 400-41 » vkjf{kfr;k¡; 4407-53 » uoksUes"kh çi=; 0-00 » vU; iwath izi=; 0-00 » mi ;ksx 4807-94 » ÄVk,a% fV;j I iwath ls de dh xbZ jkf'k;k¡ ftlesa lk[k vkSj [;kfr 'kkfey gSa 0-39

dqy fV;j I iwath 4807-55

Punjab & Sind Bank


BASEL II DISCLOSURES – YEAR ENDED 31ST MARCH 2015Table DF 1 – SCOPE OF APPLICATION

Qualitative Disclosures(a) The name of the top bank in the group to which the Framework applies.

The Bank does not belong to any group

(b) An outline of differences in the basis of consolidation for accounting and regulatory purposes, with a brief description of the entities within the group (i) that are fully consolidated; (ii) that are pro-rata consolidated; (iii) that are given a deduction treatment; and (iv) that are neither consolidated nor deducted (e.g. where the investment is risk-weighted).

Not Applicable

Quantitative Disclosures(c) The aggregate amount of capital deficiencies in all subsidiaries not included in the consolidation i.e. that

are deducted and the name(s) of such subsidiaries.Not Applicable

(d) The aggregate amounts (e.g. current book value) of the bank’s total interests in insurance entities, which are risk-weighted as well as their name, their country of incorporation or residence, the proportion of ownership interest and, if different, the proportion of voting power in these entities. In addition, indicate the quantitative impact on regulatory capital of using this method versus using the deduction.

Not Applicable

Table DF 2 – CAPITAL STRUCTUREQualitative disclosures

TERMS & CONDITIONS OF LOWER TIER II CAPITAL:

The Bank has issued Lower Tier II Bonds by way of Subordinated Debts in the form of Promissory Notes at Coupon payable annually / semi-annually. These bonds have been issued after getting them duly rated by the Domestic Rating Agencies. All the outstanding Bonds except issued under series VI & VII are listed at the National Stock Exchange Ltd. Mumbai. The other important features of these bonds are :

• The bonds have a tenor ranging from 117 months to 127 months from date of the issue.

• The instruments are fully paid up, unsecured and subordinated to the claims of other creditors, free of restrictive clauses and not redeemable at the initiative of the holder or without the consent of the RBI.

• The instruments are subjected to progressive discounting @ 20% per year over the last five years of their tenor. Such discounted amounts are not included in Tier – II Capital for Capital Adequacy purposes.

The claims of the investors in these instruments shall rank superior to the claims of investors in instruments eligible for inclusion in Tier I Capital and subordinate to the claims of all other creditors.

Subordinated debt instruments shall be limited to 50% of Tier I capital of the Bank and these instruments, together with other components of Tier II Capital shall not exceed 100% of Tier I Capital.

The Bank has not issued any upper Tier II capital and innovative instruments that qualify for inclusion in Tier I capital. Amt. - Rs/ Crores(a) The amount of Tier 1 capital, with separate disclosure of Amount

- Paid-up share capital; 400.41- Reserves; 4407.53- Innovative instruments; 0.00- Other capital instruments; 0.00- SUB-TOTAL 4807.94- LESS: amounts deducted from Tier 1 capital, including goodwill & investments. 0.39

TOTAL TIER I CAPITAL 4807.55

iatkc ,.M fla/ cSad


[k½ fV;j II iwath dh dqy jkf'k ¼ fV;j II iwath ls ÄVkus ds ckn cph dqy jkf'k;kWa) 1902-43x½ mPp fV;j II iwath esa lfEefyr gksus ;ksX; _.k iwath çi= 'kwU;

» dqy cdk;k jkf'k ykxw ugÈ » blesa ls pkyw o"kZ esa mxkgh xbZ jkf'k ykxw ugÈ » iwathxr fuf/k;ksa ds :i esa ekus tkus gsrq ik= jkf'k ykxw ugÈ

?k½ U;wu fV;j II iwath esa lfEefyr gksus ;ksX; xkS.k _.k

» dqy cdk;k jkf'k 1325-00

» blesa ls pkyw o"kZ esa mxkgh xbZ jkf'k 'kwU;

» iwathxr fuf/k;ksa ds :i esa ekus tkus gsrq ik= jkf'k 1050-00

M½ iwath ls vU; dVkSfr;k¡] ;fn dksbZ gSa rks 'kwU;

p½ dqy ik= iwath 6709-98

rkfydk Mh ,Q 3 & iwath i;kZIrrk

xq.kkRed çdVhdj.k

cSad us tksf[k+e çca/ku vuqca/k dk dk;kZUo;u djrs le; mPp&dksfV dh oSf'od dk;Z&ç.kkyh dks viukus dh çfØ;k igys ls gh vkjEHk dj nh gS tksfd ckly II dh :ijs[kk ds vuq:i gSA

ckly II ls lacaf/kr fofHkUu ekeyksa ij /;ku nsus ds fy, O;kid tksf[k+e çca/ku dk xBu fd;k x;k gSA tksf[k+e Hkkfjr vkfLr;ksa] cktkj tksf[k+e rFkk ifjpkyu tksf[k+e esa çR;kf'kr o`f) ds eísutj cSad dh iwathxr vko';drkvksa dks vk¡dus ds fy, frekgh vk/kkj ij leh{kk dh tkrh gSA

cSad fgr/kkjdksa] [kkldj tekdrkZvksa ds fgrksa dh lqj{kk gsrq ,Dlikst+j] dkjksckj vkfn ds ewY; esa gkfu ds tksf[k+e ds fy, iwath dks xqatkb'k ds :i esa j[krk gSA

orZeku ,oa Hkkoh dkjksckj dk;Zdykiksa ds vk/kkj ij iwath vko';drkvksa dks fu/kkZfjr djus ds fy, cSad esa mfpr ç.kkyh dk;Zjr gS rFkk fujarj mldh fuxjkuh dh tkrh gSA cSad dk ekuuk gS fd iw¡th miyC/krk laiw.kZ çfØ;k dk dsaæh; fo"k; gS vkSj bldh x.kuk dks uhfr] j.kuhfr] dkjksckj Lrj@la?kVu] i;Zos{kh ljksdkj ,oa çdVu eqíksa ls tksM+k tk ldrk gSA bl fn'kk esa cSad us vkarfjd iwath i;kZIrrk ewY;kadu çfØ;k ¼vkbZ-lh-,-,-ih-½ dk ,d vPNk <kapk rS;kj fd;k gS rFkk LrEHk 1 iwath x.kuk ds vykok ckly II ds LrEHk 2 ds varxZr Hkh vkof/kd varjky ij iwath dh x.kuk dh tkrh gSA cSad us iwath i;kZIrrk ij çfrdwy ncko ifj–';ksa ds çHkko dks vkof/kd vk/kkj ij ekius ds fy, ncko tkap uhfr cuk;h gSA

Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuq:i] cSad us u, iwath i;kZIrrk <kapk&ckly II dks ykxw djus ds fy, fuEufyf[kr vo/kkj.kkvksa dks viuk;k gS %&

» _.k tksf[k+e ds fy, ekudh—r vo/kkj.kk » ifjpkyukRed tksf[k+e ds fy, ewy lwpd vo/kkj.kk » cktkj tksf[k+e ds fy, ekud vof/k vo/kkj.kk

;|fi cSad us orZeku esa mijksä vo/kkj.kkvksa dks viuk;k gS ij buds vkxs dh vo/kkj.kkvksa dh rjQ vxzlj gksus dh rS;kjh Hkh 'kq: dj nh gSA

_.k tksf[k+e gsrq iwathxr vko';drk,a

jkf'k&:i,@djksM+ » 9% dh nj ls ekudh—r –f"Vdks.k ds v/khu iksVZQksfy;ks 4519-69 » çfr�wfrdj.k ,Dlikst+j 'kwU;

ckt+kj tksf[k+e gsrq iwathxr vko';drk,a % ekudh—r vof/k –f"Vdks.k

lkekU; ckt+kj tksf[k+e ij iwath ç�kj jkf'k&:i,@djksM+ » C;kt&nj tksf[k+e 159-62 » fons'kh fofue; tksf[k+e ¼Lo.kZ lfgr½ 1-35 » bfDoVh tksf[k+e 14-34

Punjab & Sind Bank


(b) The total amount of Tier 2 capital (net of deductions from Tier 2 capital) 1902.43(c) Debt capital instruments eligible for inclusion in Upper Tier 2 capital. NIL

- Total amount outstanding. NA- Of which amount raised during the current year NA- Amount eligible to be reckoned as capital funds NA

(d) Subordinated debt eligible for inclusion in Lower Tier 2 capital- Total amount outstanding 1325.00- Of which amount raised during the current year. NIL- Amount eligible to be reckoned as capital funds 1050.00

(e) Other deductions from capital, if any. NIL(g) Total eligible capital. 6709.98

Table DF 3 - CAPITAL ADEQUACY

Qualitative disclosuresBank is already geared up to adopt global best practices while implementing risk management stipulations that are in conformity with the Basel II framework.

Comprehensive risk management architecture is in place to address various issues concerning Basel II. A quarterly review is carried out to assess the capital need of the Bank, keeping in view the anticipated growth in Risk Weighted Assets, Market Risk and Operational Risk.

Bank maintains capital as a cushion towards the risk of loss in value of exposure, businesses, etc., to protect the interest of stake holders, more particularly, depositors.

Bank has system in place for assessing the capital requirements based on current and future business activities and monitoring the same on an ongoing basis. The bank considers that capital availability is the central theme in the whole process and its computation is relatable to policy, strategy, business level/composition, and Supervisory concern and Disclosure issues. Towards this, bank has evolved a well laid down Internal Capital Adequacy Assessment Process (I-CAAP) framework and carries out capital calculation under Pillar-2 also of Basel-II at periodical intervals besides Pillar 1 Capital calculation. The bank has formulated Stress Testing policy to measure impact of adverse stress scenarios on the adequacy of capital at periodical intervals.

In line with RBI guidelines, the bank has adopted following approaches for implementation of New Capital Adequacy Framework – Basel II.- Standardised Approach for credit risk- Basic Indicator Approach for operational risk- Standardised Duration Approach for market risk

Though the bank is presently implementing the above Approach, it has started its preparation for moving towards advance approaches.

Capital requirements for credit risk: Amt. - Rs/ Crores

- Portfolios subject to standardised approach @ 9% 4519.69- Securitisation exposures Nil

Capital requirements for market risk: Standardised duration approach

Capital Charge on account of General Market Risk Amt. - Rs/ Crores- Interest rate risk 159.62- Foreign exchange risk (including gold) 1.35- Equity risk 14.34

iatkc ,.M fla/ cSad


ifjpkyu tksf[k+e gsrq iwathxr vko';drk,a %

jkf'k&:i,@djksM+ewy lwpd –f"Vdks.k 289-93

cSad gsrq dqy rFkk fV;j I iwath vuqikr%

ckly II ds vuqlkj dqy iwath vkSj tksf[k+e Hkkfjr vkfLr vuqikr 11-88%ckly II ds vuqlkj fV;j I iwath vkSj tksf[k+e Hkkfjr vkfLr vuqikr 8-51%

rkfydk Mh ,Q 4 _.k tksf[k+e % lkekU; çdVhdj.kxq.kkRed ÁdVhdj.k

d- fiNyk cdk;k ,oa vutZd [kkrä dh ifjÒk"kkcSad us xSj&fu"ikfnr vkfLr;ä ¼,u-ih-,½ ds oxÊdj.k ij Òkjrh; fjt+oZ cSad }kjk tkjh ewy foosdiw.kZ fn'kk&funsZ'kä dk fuEukuqLkkj vuqikyu fd;k gS%

¼d½ tgk¡ eh;knh _.k ds ekeys esa C;kt rFkk@vFkok ewy/ku dh fd'r 90 fnuksa ls vf/kd vof/k ds fy, vfrns; gksA ¼[k½ Loh—r lhek esa vkgj.k vf/kdkj ds laca/k esa ;fn [kkrk yxkrkj 90 fnuksa ls vf/kd le; ds fy, vfu;fer cuk jgrk gS] rFkk@vFkok

vf/kfod"kZ @udn _.k vks-Mh- lh-lh- ds laca/k esa rqyu&i= dh frfFk rd yxkrkj dksbZ jkf'k tek ugha gksrh gS vFkok tek dh xbZ jkf'k mruh i;kZIr ugha gS fd bl vof/k ds nkSjku ukes fd, x, C;kt dks olwy fd;k tk lds rks [kkrk ^^vfu;fer** gks tkrk gSA

¼x½ cSad }kjk [kjhns x, vkSj Hkquk, x, fcyksa ds ekeys esa tgk¡ fcy 90 fnuksa ls vf/kd vof/k ds fy, vfrns; jgs gksaA ¼?k½ vYi vof/k dh Qlyksa ds fy, ewy/ku dh fd'r vFkok ml ij C;kt ds fy, nks Qlyh ekSleksa rd vfrns; jgk gksA¼³½ nh?kZ vof/k dh Qlyksa ds fy, ewy/ku dh fd'r vFkok ml ij C;kt ds fy, ,d Qlyh ekSle rd vfrns; jgk gksA¼p½ çfrHkwfrdj.k ds fnukad 7 ebZ 2012 ds fn'kk&funsZ'kksa dh 'krksaZ ds vuqlkj çfrHkwfrdj.k ysu&nsu ds laca/k esa ;fn udnh lqfo/kk dh

jkf'k 90 fnuksa ls vf/kd cdk;k jgrh gSA¼N½ O;qRiUu lkSnksa ds ekeys esa] vfrns; çkfIr;ka tksfd O;qRiUu lafonk ds ldkjkRed cktkj vafdr ewY; dks çnf'kZr djrh gSa] ;fn pqdkSrh

dh fofufnZ"V ns; frfFk ls 90 fnuksa rd cdk;k jgrs gSaA

;gka *vfrns; jkf'k* ls vfHkçk; fdlh Hkh _.k lqfo/kk ds v/khu dksbZ Hkh ns; jkf'k ls gS] ;fn cSad dks fu/kkZfjr ns; frfFk ij bldk Hkqxrku ugha gksrk gSA

tgk¡ dgha fdlh frekgh ds nkSjku yxk;k x;k C;kt ml frekgh lekfIr ds 90 fnuksa ds Hkhrj iw.kZ #i ls vnk ugha gks tkrk vkSj cSad ds fy, vftZr gksus okyh vk; #d tk, rks ,sls [kkrs dks xSj&fu"ikfnr vkfLr ds :i esa oxhZ—r fd;k tk,xkA

mijksä ds vfrfjä cSad vkfLr;ksa ds oxhZdj.k ds laca/k esa Hkkjrh; fjt+oZ cSad }kjk tkjh fuEufyf[kr fn'kk&funsZ'kksa dk Hkh ikyu dj jgk gSA ¼d½ iqu% lajfpr [kkrs ¼[k½ dk;kZUo;u ds varxZr ifj;kstuk tks vf/kd le; ys jgh gS ¼x½ iksrynkuksÙkj vkiwfrZ drkZ _.k ¼?k½ fu;kZr ifj;kstuk foÙk ¼³½ vf/kxzg.k foÙk ¼p½ ljdkjh xkjaVh—r vfxze ¼N½ ch-vkbZ-,Q-vkj-@Vh-,y-vkbZ- }kjk vuqeksfnr iquokZl ds varxZr vfxze ¼>½ _.k ekQh ,oa _.k jkgr ;kstuk 2009 ds v/khu fy;k x;k _.k ¼V½ foÙkh; vkfLr;ksa dks çfrHkwfrdj.k [email protected] daiuh dks cspuk ¼B½ xSj&fu"ikfnr foÙkh; vkfLr;ksa dk Ø;&foØ; ¼<½ [kkrksa dk mUu;u ¼.k½ rqyu&i= dh frfFk ds lehi fu;fer fd, x, [kkrs] vkfnA

[k- _.k tksf[k+e çca/ku rFkk mís'; %

cSad ds _.k tksf[k+e dkjksckj dh çHkkoh igpku] ewY;kadu] ifjekiu rFkk çca/ku ds fy,] cSad dh tksf[k+e {kerk ds laca/k esa visf{kr lhek rd bls fu;af=r djuk rFkk miyC/k iwath ds vuq:i ykuk gSA bl çfØ;k dks djrs gq, cSad ds _.k tksf[k+e n'kZu dk y{; tksf[k+e esa deh ykuk rFkk mls ml Lrj ds Hkhrj cuk, j[kuk gS tksfd LVsd gksYMlZ dks bfDoVh lfgr cSad ds foÙkh; lalk/kuksa dh lqj{kk lqfuf'pr djus ds lkFk&lkFk cSad dk lrR k~ ,oa lq–<+ fodkl Hkh lqfuf'pr djrk gSA

cSad dh ;kstukxr uhfr & _.k tksf[k+e %

cSad dh foLr`r ,oa lqifjHkkf"kr _.k uhfr cuh gqbZ gS] ftlesa uhfrxr vk;kstuk ds fofHkUu vk;ke 'kkfey gSaA _.k dkjksckj rFkk lkekU; vkfFkZd ,oa cktkj ifj–"; ds vuq:i vfxze fuos'k lwph esa ifjorZuksa dh vis{kkvksa ij fuHkZj djrs gq, cSad le;≤ ij _.k&uhfr dh leh{kk djrk gSA cSad dh _.k&uhfr o"kZ esa de ls de ,d ckj funs'kd eaMy }kjk O;kid leh{kk ds Hkh v/;k/khu gSA cSad dh _.k uhfr esa vU; ckrksa ds lkFk fuEufyf[kr ?kVdksa dk Hkh /;ku j[kk tkrk gS%&

Punjab & Sind Bank


Capital requirements for operational risk:

Amt. - Rs/ CroresBasic indicator approach 289.93

Total and Tier 1 capital ratio for the Bank:

Total Capital to Risk Weighted Assets Ratio as per Basel II 11.88%Tier I Capital to Risk Weighted Assets Ratio as per Basel II 8.51%

Table DF 4 - CREDIT RISK : GENERAL DISCLOSURES Qualitative DisclosuresA. DEFINITIONS OF PAST DUE AND IMPAIRED: The Bank follows the basic prudential guidelines issued by the RBI on classification of Non-Performing Asset (NPA) as under :

a) Interest and / or instalment of principal remain overdue for a period of more than 90 days in respect of a term loan.

b) The account remains ‘out of order’ if the outstanding balance remains continuously in excess of sanctioned limit / DP for more than 90 days and / or there are no credits continuously for 90 days as on the date of Balance Sheet or credits are not enough to cover the interest debited during the same period, in respect of Overdraft/Cash Credit (OD/CC).

c) The bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted.

d) The installment of principal or interest thereon remains overdue for two crop seasons for short duration crops.

e) The installment of principal or interest thereon remains overdue for one crop season for long duration crops.

f) The amount of liquidity facility remains outstanding for more than 90 days, in respect of a securitization transaction undertaken in terms of guidelines on securitization dated May 7, 2012.

g) In respect of derivative transactions, the overdue receivables representing positive mark-to-market value of a derivative contract, if these remains unpaid for a period of 90 days from the specified due date for repayment.

Here, `Overdue’ mean any amount due to the Bank under any credit facility, if it is not paid on the due date fixed by the Bank.

Where the interest charged during any quarter is not serviced fully within 90 days from the end of the quarter, the account is classified as Non-performing asset and ceases to generate income for the bank.

Besides above, Bank also follows the guidelines issued by RBI in respect of classification of assets under a) Restructured accounts, b) Project under implementation involving time overrun, c) Post shipment Suppliers’ Credit. d) Export Project Finance, e) Take over Finance, f) Govt. guaranteed Advance, g) Advance under Rehabilitation approved by BFIR / TLI, h) Advances under Debt Waiver & Debt Relief Scheme 2009, i) Sale of Financial Assets to Securitization Company /Reconstruction Company, j) Purchase/ Sale of Non-Performing Financial Assets, k) Up-gradation of accounts, l) Accounts regularized near about the Balance Sheet date etc.

B. CREDIT RISK MANAGEMENT AND OBJECTIVES:

To effectively identify, assess, measure, and manage the credit risk exposure of the Bank, with a view to contain it within desired limits in relation to the risk appetite of the Bank and commensurate with the availability of Capital. In doing so, the Bank's Credit Risk philosophy aims at minimising risk and maintaining it within the levels which shall ensure safety of the Bank's financial resources, including stakeholders' equity and, at the same time, also ensure a steady and healthy financial growth.

STRATEGIC POLICY OF THE BANK - CREDIT RISK:

The Bank has a comprehensive and well defined Loan Policy which covers various aspects of strategic planning. The loan policy of the Bank is reviewed from time to time, depending on requirements of the changes in loan portfolio and general economic and market scenario. The loan policy is also subjected to a comprehensive review by the Board at least once a year. The loan policy of the Bank addresses, among other things:

iatkc ,.M fla/ cSad


Û fofHkUu m|ksx ?kVdksa rFkk _.kdrkZ Jsf.k;ksa esa rdZlaxr lhek dk fu/kkZj.k ,oa fu;a=.kAÛ _.k jsfVax rFkk@vFkok fjVsy ?kVdksa ls laca) tksf[k+e :ijs[kk ij vk/kkfjr ewY;kaduAÛ _.kksa ds ewY;kadu] Loh—fr rFkk fuxjkuh ,oa _.k ds laforj.k dh çfof/k;ksa ds fy, çfØ;k ,oa ç.kkyh ls lacaf/kr ekxZn'khZ funsZ'kA Û _.k jsfVax ÝseodZA

Û fujh{k.k&ra= rFkk fofu;ked ,oa uhfrxr ekxZn'khZ funsZ'kksa dk vuqikyuA

_.k&tksf[k+e çca/ku laxBukRed <‚apk %

Û _.k tksf[k+e çca/ku dk;ksaZ ds fy, cSad ds laxBukRed <+kaps ds 'kh"kZLFk Lrj ij funs'kd&eaMy gS] tks tksf[k+e çca/ku dkjksckj ij iwjh fuxjkuh j[krk gSA

Û tksf[k+e çca/ku lfefr ¼vkj-,e-lh-½ tks fd funs'kd eaMy dh ,d mi&lfefr gS] _.k tksf[k+e lfgr lefUor tksf[k+e çca/ku ds fy, uhfr ,oa j.kuhfr rS;kj djrh gSA

Û ifjpkyu Lrj ij] _.k tksf[k+e çca/ku lfefr ¼vkj-,e-lh-½ _.k tksf[k+e dk çca/ku djrh gSA blds eq[; dk;ksaZ esa funs'kd eaMy }kjk vuqeksfnr _.k tksf[k+e çca/ku uhfr;ksa dk cSad O;kih vk/kkj ij dk;kZUo;u rFkk funs'kd eaMy dks _.k tksf[k+e çca/ku lacaf/kr] _.k tksf[k+e dh foosdiw.kZ lhek,a] iksVZQksfy;ksa çca/ku] _.k&mRiknksa vkfn ls lacaf/kr lHkh uhfr;ksa ds vuqeksnu gsrq laLrqfr 'kkfey gSA cSad esa _.k vuqeksnu dh çfØ;k dk <‚apk cuk gqvk gS vkSj ;g ekudh—r gS] ftlesa _.k vkadyu dh O;kid çfØ;k 'kkfey gSA fdlh Hkh foÙk iks"k.k çLrko ds lkFk tMs+ _.k tksf[k+e ds vkadyu djus gsrq cSad _.kh rFkk çklafxd m|ksxksa ds fofo/k _.k tksf[k+eksa dk vkadyu djrk gSA

Û egkçca/kd dh v/;{krk esa tksf[k+e çca/ku foHkkx ¼vkj-,e-Mh-½ funs'kd eaMy }kjk fu/kkZfjr lhekvksa ds Hkhrj cSad O;kih vk/kkj ij _.k tksf[k+e dk ifjekiu] fu;a=.k ,oa çca/ku djrk gS vkSj funs'kd eaMy@tksf[k+e çca/ku lfefr@_.k tksf[k+e çca/ku lfefr }kjk fu/kkZfjr tksf[k+e ekin.Mksa ds vuqikyu dks ykxw djrk gSA bl nkf;Ro ds fuoZgu esa tksf[k+e çca/ku foHkkx ds fofHkUu d{k ;Fkk _.k tksf[k+e çca/ku d{k] vkfLr ns;rk çca/ku d{k] feM v‚fQl rFkk lapkyuxr tksf[k+e çca/ku d{k bldh enn djrs gSaA

Û egkçca/kd ds fu;a=.kk/khu fujh{k.k foHkkx ds lkFk&lkFk ØsfMV eksfuVfjax foHkkx] _.kksa dh xq.koÙkk ij fuxjkuh] leL;kvksa dh igpku djuk rFkk dfe;ksa dks nwj djus dk mik; djrk gSA _.kksa dk iqujh{k.k@_.kksa dh ys[kk ijh{kk dk dk;Z _.k ys[kk ijh{kk ds :i esa vyx ls fd;k tkrk gSA

_.k tksf[k+e çca/[email protected] ds fy, ç;qä lk/ku

Û _.k vuqeksnu drkZ çkf/kdkjh&'kfä;ksa dk çR;k;kstu&cSad dh cgqfc/k tksf[k+e vk/kkfjr vuqeksnu ç.kkyh ds Hkhrj 'kfä;ksa ds çR;k;kstu dh ,d lqifjHkkf"kr ;kstuk fo|eku gS] ftldh tc dHkh vko';drk gks] O;olkf;d vko';drkvksa dh ck/;rkvksa dks iwjk djus ds fy, le;≤ ij iqujh{kk dh tkrh gSA

Û fofHkUu LOk:i ds _.kdrkZvksa ds fy, ,dy@lewg _.k lqfo/kkvksa tSlh _.k@fuos'k ds fofHkUu igyqvksa ij rdZlaxr _.k lhek,a çpyu esa gSaA

Û tksf[k+e] jsfVax@ewY;kadu &cSad us fofHkUu ?kVdksa ds fy, jsfVax e‚My ykxw fd, gq, gSa] tks çfri{k ds cgqfo/k tksf[k+e dkjdksa ds ,dy fcanq lwpd ds :i esa dk;Z djrs gSa rFkk _.k ewY;kadu fu.kZ;ksa esa ennxkj gksrs gSaA

Û _.k cgh dh xq.koÙkk ds lrR k~ ewY;kadu rFkk _.k ç'kklu esa xq.kkRed lq/kkj ds fy, _.k ys[kk ijh{kk@_.k iqujh{k.k i)fr ,d çHkkoh midj.k gSA

Û lafoHkkx çca/ku & 'kq#vkrh nkSj esa cSad us ,d lk/kkj.k lafoHkkx fuxjkuh ÝseodZ ykxw fd;k gSA Hkfo"; esa cSad vR;k/kqfud lafoHkkx çca/ku e‚My dks ykxw djsxkA

tksf[k+e vkadyu % &

orZeku esa _.k tksf[k+e dks O;fäxr Lrj ij _.k nj rFkk iksVZQksfy;ks Lrj ij tksf[k+e Hkkfjr vkfLr;ksa ds ek/;e ls fu/kkZfjr fd;k x;k gS rFkk iwath dks tksf[k+e Hkkj vk/kkj ij O;ofLFkr fd;k x;k gSA

dqy fuoy _.k tksf[k+e dk çdVhdj.k

Js.kh jkf'k&:i, @ djksM+

1- fuf/k&vk/kkfjr _.k jkf'k 64796-42

2- xSj&fuf/k vk/kkfjr _.k jkf'k 3580-46

Punjab & Sind Bank


• Exposure ceilings and prudential caps in different industry segments and borrower categories.• Pricing based on risk profile linked to credit ratings and/or retail segments.• Guidelines relating to procedures and systems for appraisal, sanction, and monitoring of loans and modes of dispensation of credit.• Credit Rating framework.• Inspection mechanism and compliance of regulatory and policy guidelines.

CREDIT RISK MANAGEMENT ARCHITECTURE:

• The organizational structure of the Bank for Credit Risk Management function has the Board of Directors at the Apex level that has the overall oversight of management of risks.

• The Risk Management Committee (RMC) which is the sub-committee of the Board headed by the Chairman & Managing Director devises the policy and strategy for integrated risk management including credit risk.

• At the operational level, the Credit Risk Management Committee (CRMC) manages the credit risk. The main function includes implementation of credit risk management policies approved by the Board, monitoring credit risk on a bank wide basis, recommending to the board for its approval all policies relating to credit risk management, prudential limits on credit exposures, portfolio management, loan products etc. There is a structured and standardized credit approval process including a comprehensive credit appraisal procedure. In order to assess the credit risk associated with any financing proposal, the Bank assesses a variety of risks relating to the borrower and the relevant industry.

• The Risk Management Department (RMD) headed by the General Manger, measures, controls and manages credit risk on bank wide basis within the limits set by the Board and enforces compliance with risk parameters set by Board/RMC/CRMC. The RMD is duly supported by Credit Risk Management Cell, Asset Liability Management Cell, Mid Office and Operations Risk Management Cell.

• The Inspection Department as well as Credit Monitoring Department headed by a General Manager, monitors the quality of loan portfolio, identifies problems and takes steps to correct deficiencies. Loan review / credit audit is undertaken by the Credit Audit function.

TOOLS USED FOR CREDIT RISK MANAGEMENT / MITIGATION

• Credit Approving Authority – Delegation of Powers. The Bank has a well-defined scheme of delegation of powers with a multi-tier risk based approving system, which is reviewed periodically and revised as and when necessary to meet the compulsions of business environment.

• Prudential Limits on various aspects of credit / investment like Single / Group borrower limits for various types of borrowers are in place.

• Risk Rating/Pricing - The bank has introduced rating models for various segments, which serve as a single point indicator of diverse risk factors of a counter party and support credit and pricing decisions.

• Credit Audit/Loan review mechanism is an effective tool for constantly evaluating the quality of loan book and to bring about qualitative improvements in credit administration

• Portfolio Management - to start with, the bank has introduced a simple portfolio-monitoring framework. Going forward the bank will be graduating to a more sophisticated Portfolio Management model.

RISK MEASUREMENT

At present Credit Risk is assessed through Risk rating at the individual level and through Risk Weighting of the assets at the portfolio level and capital is maintained based on Risk Weights.

Total gross credit risk exposuresCategory Amt. - Rs/ Crores

1 Fund Based Credit Exposures 64796.422 Non Fund Based Credit Exposures 3580.46

iatkc ,.M fla/ cSad


_.k t¨f[k+e dk Ò©x¨fyd forj.k

Js.kh jkf'k&:i, @ djksM+1 fons'kh

fuf/k vk/kkfjr _.k t¨f[ke'kwU;

xSj fuf/k vk/kkfjr _.k t¨f[ke 'kwU;2 ns'kh

fuf/k vk/kkfjr _.k t¨f[ke64796-42

xSj fuf/k vk/kkfjr _.k t¨f[ke 3580-46

,Dlikst+j dk m|ksx okj forj.kjkf'k & :- djksM+

m|¨x fuf/k vk/kkfjr xSj fuf/k vk/kkfjr dqy

[kk|ku ,oa mR[kuu 354-46 180-32 534-79

[kk| çlaLdj.k 1042-52 11-98 1054-50

csojst ,oa rEckdw 441-93 2-12 444-05

diM+k m|ksx 1272-48 21-38 1293-87

peM+k & peM+k mRikn 107-76 2-00 109-75

ydMh+ ,oa ydMh+ mRikn 89-43 0-28 89-71

dkxt rFkk dkxt mRikn 217-29 7-74 225-03

iSVªks@dks;yk@ukHkdh; bZ/ku 56-98 1-32 58-30

jlk;u & jlk;u mRikn- 386-61 4-72 391-33

jcM+] IykfLVd ,oa blds mRikn- 174-41 25-38 199-79

dkap ,oa blds cus mRikn 11-91 0-12 12-02

lhesaV & lhesaV mRikn- 108-50 90-66 199-16

ewy /kkrq rFkk /kkrq mRikn- 2135-07 119-72 2254-79

leLr bathfu;fjax 415-19 64-76 479-94

okgu@okgu dyiwtsZ ,oa VhihVh vkStkj 236-07 117-29 353-36

jru vkSj vkHkw"k.k 389-44 574-97 964-41fuekZ.k 834-49 429-05 1263-54cqfu;knh lqfo/kk;sa 18533-42 449-06 18982-48

vU; m|ksx 152-40 13-53 165-94

vof'k"V 37836-07 1464-06 39300-13dqy ;ksx 64796-43 3580-46 68376-89

mYys[kuh; ,Dlikst+jm|ksx tgka dqy ,Dlikst+j] dqy fuf/k vk/kkfjr rFkk xSj fuf/k vk/kkfjr çdVhdj.k ds 5% ls vf/kd gS %

jkf'k #- djksM+ esa

Øe la[;k m|ksx izdVhdj.k1- cqfu;knh lqfo/kk;sa 18982-482- vof'k"V 39300-13

Punjab & Sind Bank


Geographic distribution of exposures

Category Amt. - Rs/ Crores1 Overseas

Fund Based Credit ExposuresNIL

Non Fund Based Credit Exposures NIL2 Domestic

Fund Based Credit Exposures64796.42

Non Fund Based Credit Exposures 3580.46

INDUSTRY TYPE DISTRIBUTION OF EXPOSURES Amt. - Rs/ CroresIndustry Fund Based Non- Fund Based TotalA.MINING & QUARRYING 354.46 180.32 534.79B.FOOD PROCESSING 1042.52 11.98 1054.50C.BEVERAGES & TOBACCO 441.93 2.12 444.05D.TEXTILES 1272.48 21.38 1293.87E.LEATHER & LEATHER PRODUCTS 107.76 2.00 109.75F.WOOD & WOOD PRODUCTS 89.43 0.28 89.71G.PAPER & PAPER PRODUCTS 217.29 7.74 225.03H.PETRO./COAL/NUCLEAR FUELS 56.98 1.32 58.30I.CHEMICALS & CHEMICAL PROD. 386.61 4.72 391.33J.RUBBER,PLASTIC & ITS PROD. 174.41 25.38 199.79K.GLASS & GLASSWARE 11.91 0.12 12.02L.CEMENT AND CEMENT PROD. 108.50 90.66 199.16M.BASIC METAL & METAL PROD. 2135.07 119.72 2254.79N.ALL ENGINEERING 415.19 64.76 479.94O.VEHCLES/V.PARTS/TPT.EQPM. 236.07 117.29 353.36P.GEMS & JEWELLARY 389.44 574.97 964.41Q.CONSTRUCTIONS 834.49 429.05 1263.54R.INFRASTRUCTURE 18533.42 449.06 18982.48S.OTHER INDUSTRIES 152.40 13.53 165.94

T.RESIDUARY 37836.07 1464.06 39300.13Grand Total 64796.43 3580.46 68376.89

Significant exposure:Industry where the Total Exposure is more than 5% of Total Fund based and Non-fund based exposure:

Amt. - Rs/ CroresS.No. Industry Exposure

1 Infrastructure 18982.482 Residuary 39300.13

iatkc ,.M fla/ cSad


vkfLr;ä dk vof'k"V Lkafonkxr ifjiDork fodkj %&jkf'k #- djksM+ esa

vof/k iw.kZ güs dk Lo:i ¼Lke;kof/k½

_.k ,oa vfxze

fuos'k ¼cgh ewY;½

fons'kh eqæk tekjkf'k;k¡ m/kkjns;rk,a vkfLr;ka

1 fnu 2028-46 0-00 18-82 311-88 1899-67 0-002&7 fnu 1079-83 109-91 1-78 23-01 1219-63 1023-218&14 fnu 492-69 0-00 4-11 24-59 626-64 0-0015&28 fnu 754-98 881-72 8-43 56-37 2252-40 0-0029 fnuksa ls 3 ekg 12191-91 1873-71 25-08 172-41 18856-72 0-00

3 ekg ls vf/kd ls 6 ekg rd 3208-24 596-57 30-55 83-99 11737-43 700-026 ekg ls vf/kd ls 1 o"kZ rd 3861-97 560-93 69-42 0-00 22897-42 0-001 o"kZ ls vf/kd ls 3 o"kksaZ rd 17006-99 2072-33 99-32 0-00 12901-96 0-003 o"kksaZ ls vf/kd ls 5 o"kksaZ rd 12813-30 5713-23 141-11 0-00 7571-60 0-005 o"kksaZ ls vf/kd 10431-79 14943-30 0-00 0-00 6751-25 0-00dqy 63870-18 26751-70 398-62 672-25 86714-72 1723-23

,u-ih-,- dh jkf'k ¼Lkdy½

Js.kh jkf'k :- djksM+1 voLrjh; 1559-802 lafnX/k 1 779-553 lafnX/k 2 712-774 lafnX/k 3 26-815- gkfu 3-26

fuoy ,u-ih-, jkf'k :- djksM+ esafuoy-,u-ih-, 2266-00

,u-ih-,- vuqikrJs.kh izfr'kr

1 ldy vfxze dk Lkdy ,u-ih-, 4-76%2 fuoy vfxze dk fuoy ,u-ih-, 3-55%

,u-ih-, ¼ldy½ esa mrkj&p<ko

jkf'k :- djksM+vFk'ks"k 2553-52teka 1242-42deh 713-75bfr 'ks"k 3082-19

,u-ih-, gsrq çko/kkuksa esa mrkj&p<ko

jkf'k :- djksM+vFk'ks"k 618-67o"kZ ds n©jku fd, x, Áko/kku 436-62cV~Vs [kkrs Mkyuk

263-27vf/kd Áko/kkuä dk iqujkadubfr'ks"k 792-02

Punjab & Sind Bank


RESIDUAL CONTRACTUAL MATURITY BREAKDOWN OF ASSETS Amt. - Rs/ Crores

Maturity Pattern (Time Buckets) Loans & Advances

Investments (Book Value)

Foreign Currency Deposits BorrowingsLiabilities Assets

1 day 2028.46 0.00 18.82 311.88 1899.67 0.002-7 days 1079.83 109.91 1.78 23.01 1219.63 1023.218-14 days 492.69 0.00 4.11 24.59 626.64 0.0015-28 days 754.98 881.72 8.43 56.37 2252.40 0.0029 days to 3 months 12191.91 1873.71 25.08 172.41 18856.72 0.00Over 3 months to 6 months 3208.24 596.57 30.55 83.99 11737.43 700.02Over 6 months to 1 year 3861.97 560.93 69.42 0.00 22897.42 0.00Over 1 year to 3 years 17006.99 2072.33 99.32 0.00 12901.96 0.00Over 3 years to 5 years 12813.30 5713.23 141.11 0.00 7571.60 0.00Over 5 years 10431.79 14943.30 0.00 0.00 6751.25 0.00TOTAL 63870.18 26751.70 398.62 672.25 86714.72 1723.23

Amount of NPAs (Gross)

Category Amt. - Rs/ Crores1 Substandard 1559.802 Doubtful 1 779.553 Doubtful 2 712.774 Doubtful 3 26.815 Loss 3.26

Net NPAs Amt. - Rs/ CroresNet NPAs 2266.00

NPA RatiosCategory Percent

1 Gross NPAs to Gross advances 4.76%2 Net NPAs to Net advances 3.55%

Movement of NPAs (Gross)

Amt. - Rs/ CroresOpening Balance 2553.52Additions 1242.42Reductions 713.75Closing Balance 3082.19

Movement of Provisions for NPAs

Amt. - Rs/ CroresOpening Balance 618.67Provisions made during the period 436.62Write-off 263.27Write-back of excess provisionsClosing Balance 792.02

iatkc ,.M fla/ cSad


x+Sj&fu"ikfnr fuos'k¨a dh jkf'k

jkf'k :- djksM+xSj fu"ikfnr fuos'kksa dh jkf'k 53-91

xSj fu"ikfnr fuos'kksa ds fy, çko/kkuksa dh jkf'k

jkf'k :- djksM+xSj fu"ikfnr fuos'kksa ds fy, çko/kku 35-16

fuos'kksa ij ewY;ºzkl gsrq çko/kkuksa esa mrkj p<ko

jkf'k :- djksM+vFk'ks"k 19-05o"kZ ds n©jku fd, x, Áko/kku 5-21cV~Vs [kkrs Mkyuk

19-43vf/kd Áko/kku¨a dk iqujkadubfr'ks"k 4-83

rkfydk Mh-,Q- 5 & _.k t¨f[ke% ekudhÑr n`f"Vd¨.k ds varxZr LkafoHkkx dk izdVhdj.kxq.kkRed izdVhdj.k

1- cSad us lh-vkj-,-vkj- ifjdyu gsrq ekudh—r –f"Vdks.k ds varxZr tksf[k+e Hkkj fu/kkZj.k djus ds fy, fuEu Js.kh fu/kkZjd ,tsafl;ksa dh lkekU; jsfVax dk mi;ksx djuk vuqeksfnr fd;k gSA ns'kh nkoksa ds fy, fØfly ¼CRISIL½] vkbZlhvkj, ¼ICRA½] bafM;k jsfVax ¼India Rating½] ,l,ebZvkj, ¼SMERA½] fczdodZ ¼BRICKWORK½]rFkk ds;j ¼CARE½ ,oa vfuoklh d‚jiksjsV] fons'kh cSadksa rFkk fons'kh ljdkj ds nkoksa ds fy, ,l ,.M ih] fQp ¼FITCH½ rFkk ewMht dks vuqeksfnr fd;k gSA

Hkkjrh; fjt+oZ cSad dh ifjHkk"kk ds vuqlkj bu leLr ,tsafl;ksa dk Js.kh fu/kkZj.k leLr çdkj ds _.k tksf[k+eksa ds fy, ç;ksx esa yk;k tk jgk gS] c'krsaZ cklsy&II ds varxZr lh-vkj-,-vkj- ds ifjdyu gsrq ekudh—r –f"Vdks.k ds varxZr tksf[k+e Hkkj ds fy, Js.kh dk fu/kkZj.k fd;k tk jgk gksA

2- cSafdax cfg;ksa esa rqykukRed vkfLr;ksa ij vk/kkfjr Js.kh fu/kkZj.k ds vk/kkj ij lkoZtfud fuxZe ds varj.k ds fy, ç;ksx esa ykbZ xbZ çfØ;k Hkkjrh; fjt+oZ cSad dh fofu;ked vfuok;Zrk ds vuq:i gSA Js.kh fu/kkZjd ,tsafl;ksa }kjk mudh osclkbZV esa çdkf'kr lkoZtfud jsfVax dk ç;ksx bl mís'; ds fy, fd;k tkrk gSA lacaf/kr jsfVax ,tsalh ds ekfld cqysfVu ds vuqlkj ykxw Js.kh rFkk ftldh de ls de xr 15 ekg esa ,d ckj leh{kk dh tk pqdh gS] dk bl mís'; gsrq ç;ksx fd;k x;k gSA

3- tgk¡ çR;sd _.k tksf[k+e dk Js.kh fu/kkZj.k dsoy ,d vuqeksfnr Js.kh fu/kkZj.k ,tsalh }kjk fd;k x;k gS] ds viokn dks NksM+dj çfri{k fo'ks"k ij leLr _.k tksf[k+e ds fy, cSad us dsoy ,d ,tsalh ds Js.kh fu/kkZj.k dk ç;ksx fd;k gS] ;|fi bu _.k tksf[k+eksa dk ,d ls vf/kd ,tsafl;ksa }kjk Js.khdj.k fd;k x;k gSA

4- tksf[k+e Hkkj gsrq ik=rk ds fy, ;g lqfuf'pr fd;k tkrk gS fd ckgjh _.k ewY;kadu rFkk cSad }kjk mls çnÙk leLr Hkqxrku vFkkZr ewy jkf'k rFkk C;kt ds laca/k esa] _.k tksf[k+e ,Dlikst+j dh iwjh jkf'k 'kkfey djrk gS rFkk çfrfcafcr djrk gSA tksf[k+e Hkkj ds fy, d‚jiksjsV xzqi esa ,d daiuh ds fy, ckgjh fu/kkZj.k dk ç;ksx mlh xzqi dh vU; daifu;ksa ds ckgjh fu/kkZj.k ds fy, ç;ksx ugha fd;k x;k gSA

5- vkfLr;ka ftudh lafonkxr ifjiDork ,d o"kZ ;k mlls de gS] ds fy, vYikof/k Js.kh fu/kkZj.k dk ç;ksx fd;k x;k gS tcfd vU; vkfLr;ksa ds fy, nh?kkZof/k Js.kh fu/kkZj.k dk ç;ksx fd;k x;k gSA udn m/kkj ,Dlikst+j ds fy, nh?kkZof/k Js.kh fu/kkZj.k dk ç;ksx fd;k x;k gSA

6- tgk¡ tkjhdrkZ dk ,d nh?kkZof/k ,Dloikstj gS ftl ij ckgjh nh?kkZof/k Js.kh fu/kkZj.k ds vuqlkj 150% tksf[k+e Hkkj vfHk"V gksrk gS] mlh çfri{k ds leLr xSj&Js.khxr nkos pkgs os vYikof/k gksa ;k nh?kkZof/k ij 150% tksf[k+e Hkkj ekuk tk,xk] flok, ,sls nkoksa esa] tgk¡ tksf[k+e de djus dh rduhd ç;ksx esa ykbZ xbZ gks vYikof/k Js.kh fu/kkZj.k ij Hkh ;gh ykxw gksxkA

7- vuqeksfnr Js.kh fu/kkZj.k ,tsafl;ksa }kjk vYikof/k Js.kh fu/kkZj.k dks vYikof/k _.k tksf[k+e Hkkj ds fy, ekudh—r –f"Vdks.k ds varxZr tksf[k+e Hkkj esa çR;{k :i ls 'kkfey fd;k tkrk gSA blds foijhr çfri{k ij xSj fu/kkZfjr vYikof/k nkos] ml çfri{k ij Js.khxr vYikof/k nkos ds fy, tksf[k+e Hkkj ls de ls de ,d Lrj Åij dk tksf[k+e Hkkj ykxw gksxkA cSad ds fo#) nj fu/kkZj.k lqfo/kk ls mRiUu tksf[k+e Hkkj nkoksa ds vkadyu gsrq fof'k"V #i ls tkjh de vof/k okyh çfrHkwfr;ksa dks ç;ksx fd;k tkrk gS rFkk de vof/k okyh d‚jiksjsV nj fu/kkZfjr çfrHkwfr;ksa dks xSj&fu/kkZfjr nh?kkZof/k nkoksa gsrq tksf[k+e Hkkj leFkZu ds fy, ç;ksx esa ugha yk;k tkrkA

Punjab & Sind Bank


Amount of Non-Performing Investments

Amt. - Rs/ CroresAmount of Non-Performing Investments 53.91

Amount of provisions held for non-performing investments

Amt. - Rs/ CroresProvisions held for non-performing investments 35.16

Movement of provisions for depreciation on investments

Amt. - Rs/ CroresOpening Balance 19.05Provisions made during the period 5.21Write-off

19.43Write-back of excess provisionsClosing Balance 4.83

Table DF 5 - CREDIT RISK: DISCLOSURES FOR PORTFOLIOS SUBJECT TO THE STANDARDISED APPROACH

Qualitative Disclosures

1. The Bank has approved using the general rating of the following credit rating agencies for risk weighting under the standardized approach for CRAR calculations CRISIL, ICRA, India Rating, SMERA, BRICKWORK and CARE for domestic claims and S&P, FITCH and Moody’s for claims on non-resident corporates, foreign banks and foreign sovereigns.

The ratings of all these agencies are being used for all exposures subjected to rating for risk weighting purposes under the standardized approach for CRAR calculations under Basel-II as defined by RBI.

2. The process used to transfer public issue ratings on to comparable assets in the banking book is as per regulatory requirements of RBI. The public ratings published by the rating agencies on their website are used for this purpose. Only, ratings which are in force as per monthly bulletin of the concerned rating agency and which have been reviewed at least once during the previous 15 months are used.

3. For all the exposures on a particular counterparty, bank uses the rating of only one agency, even though these exposures are rated by more than one with exception being where each of the exposures is rated by only one of the approved rating agencies.

4. To be eligible for risk-weighting purposes, it is ensured that the external credit assessment takes into account and reflects the entire amount of credit risk exposure the bank has with regard to all payments owed to it i.e., both principal and interest. External assessments for one entity within a corporate group is not used to risk weight other entities within the same group.

5. For assets that have contractual maturity less than or equal to one year, short term ratings are used while for other assets, long term ratings are used. For Cash Credit exposures long term ratings are taken.

6. Where an issuer has a long-term exposure with an external long term rating that warrants a risk weight of 150%, all unrated claims on the same counterparty, whether short-term or long-term, also receive a 150% risk weight, except incases where credit risk mitigation techniques are used for such claims. Similar is the case with short-term rating.

7. The Short-term ratings assigned by the approved rating agencies are directly mapped to the risk weights under the Standardised Approach for long-term exposures. On the contrary, the unrated short-term claim on counter-party attracts a risk weight of at least one level higher than the risk weight applicable to the rated short-term claim on that counter-party. Issue-specific short-term ratings are used to derive risk weights for claims arising from the rated facility against banks and a corporate's short-term rating is not used to support a risk weight for an unrated long-term claim.

iatkc ,.M fla/ cSad


8- ;fn ik= _.k fu/kkZj.k ,tsafl;ksa }kjk nks Js.kh fu/kkZj.k dh xbZ gSa ftlesa nks vyx&vyx tksf[k+e Hkkj vafdr fd, x, gSa] ogk¡ mPp rj tksf[k+e Hkkj ykxw fd;k tkrk gSA ;fn ik= _.k Js.kh fu/kkZj.k ,tsafl;ksa }kjk rhu ;k vf/kd Js.kh fu/kkZfjr dh xbZ gS ftlesa tksf[k+e Hkkj vafdr fd, x, gSa] ogk¡ nks rnuq:ih fuEure tksf[k+e Hkkjksa dh Js.kh fu/kkZj.k ds lanHkZ esa rFkk bu nksuksa tksf[k+e Hkkjksa esa mPprj tksf[k+e Hkkj dks ykxw fd;k x;k gS] vFkkZr nwljk lcls U;wure tksf[k+e HkkjA

9- tgk¡ fo'ks"k fu/kkZfjr ekeyksa esa nkok fuos'k ugha gS] fuos'k nkoksa ij tksf[k+e Hkkj p;fur _.k Js.kh oxhZdj.k ,tsalh }kjk fo'ks"k Js.kh fu/kkZj.k ij vk/kkfjr gSaA

I½ _.k fo'ks"k ds fy, ykxw Js.kh fu/kkZj.k ¼tgk¡ Js.kh oxhZdj.k ds tksf[k+e Hkkj xSj&Js.kh—r ekeyksa ij ykxw tksf[k+e Hkkj ls de gS½ cSad ds dsoy xSj&fu/kkZfjr nkoksa ij ykxw gS] tgk¡ oxhZ—r ekeyk ,d vYikof/k vfuok;Zrk gS ;fn og nkok le:i oxhZ—r gS ;k gj çdkj ls fof'k"V oxhZ—r _.k ls vf/kd gS rFkk xSj &fu/kkZfjr ekeyksa dh ifjiDork fu/kkZfjr ekeyksa dh ifjiDork ds ckn ugha gS] dks NksM+dj cSad ds dsoy xSj&fu/kkZfjr ekeys ij ykxw gSA

II½ ;fn tkjhdrkZ ;k ,dy fuxZe ds fy, xSj&fu/kkZfjr ekeyksa ds fy, ykxw tksf[k+e Hkkj ls vf/kd ;k mlds cjkcj tksf[k+e Hkkj fu/kkZj.k fd;k x;k gS rks ml çfri{k ij xSj&fu/kkZfjr ekeyksa ds fy, ogh tksf[k+e Hkkj fu/kkZfjr gksxk tksfd _.k tksf[k+e Hkkj ij ykxw gksxk] ;fn ;g nkok mlds lkFk&lkFk ;k gj çdkj ls fu/kkZfjr _.k tksf[k+e Hkkj ls de gSA

ekudh—r –f"Vdks.k dh 'krsZ ij tkf[+ke de djus ds ckn ,Dlikst+j dh jkf'kjkf'k&#-@djksM+

t¨f[k+e Hkkj Js.kh Js.kh fu/kkZfjr ,Dlikst+j xSj& Js.kh fu/kkZfjr ,Dlikst+j _.k tksf[k+e de djus ds ckn ,Dlikst+j

100% tksf[k+e Hkkj ls de 12840-30 28046-60 40886-90100% tksf[k+e Hkkj 4878-32 16236-76 21115-08100% tksf[k+e Hkkj ls vf/kd 4389-95 3284-66 7674-60dVkSrh 0-00 0-00 0-00dqy 22108-57 47568-02 69676-58

rkfydk Mh-,Q- 6- _.k tksf[k+e de djuk % ekudh—r –f"Vdks.k ds fy, çdVhdj.k

xq.kkRed izdVhdj.k

1- laLFkk ds vtZu dk ?kkVs ls cpkus ds fy,] _.k tksf[k+e de djds jktLo o`f) djuk çca/ku dk çeq[k midj.k gSA cSad vius nSfud ifjpkyu ds nkSjku _.k tksf[k+eksa dks de djus ds fy, vusd rjhds vkSj rduhd viukrs gSaA ifjiDork vlarqyu] eqæk vlarqyu vkSj ewY; lek;kstu ds i'pkr] iwath çHkkj dks de djus gsrq i;Zos{kd us _.k tksf[k+e de djus ds mik;ksa dh vuqefr nh gSA u, iwath i;kZIrrk ÝseodZ ¼csly&II½ ds varxZr igpkus x, _.k tksf[k+e de djus ds fofHkUu dkjd ¼lh-vkj-,e-½ fuEu gSa %& laikf'oZd lapkyu v‚u&cSysal&'khV&usfVax xkjafV;k¡

2- ik= foÙkh; laikf'oZd çfrHkwfr;k¡ ekud –f"Vdks.k ds varxZr lHkh laikf'oZdksa dks _.k tksf[k+e de djus gsrq ugha ekuk x;k gSA igpkuh xbZ foÙkh; laikf'oZd fuEufyf[kr gSa %&

1-½ udnh vkSj tekjkf'k;‚a ftuesa fons'kh eqæk lfEefyr gSA 2-½ lksuk # 99-99% dh 'kq)rk çekf.kr djukA 3-½ dsaæ vkSj jkT; ljdkjksa }kjk tkjh çfrHkwfr;k¡A 4-½ fdlku fodkl&i= vkSj jk"Vªh; cpr&i=A 5-½ thou&chek i‚fyfl;‚aA 6-½ _.k&çfrHkwfr;k¡ % 'krksaZ ds vuqlkj oxhZ—rA 7-½ cSad }kjk 'krksaZ vuqlkj tkjh voxhZ—r _.k&çfrHkwfr;k¡A 8-½ 'krksaZ ds vuqlkj E;wpqvy QaMksa ds ;wfuV~lA

laikf'oZd lapkyu esa iwath jkgr çkIr djus ds fy, dqN vfrfjä ekunaM gSa ftudk lh/ks rkSj ij laikf'oZd çca/ku ij çHkkj iM+rk gS vkSj laikf'oZd çca/ku ds nkSjku bu igyqvksa dks /;ku esa j[kk tkrk gSA

Punjab & Sind Bank


8. If there are two ratings accorded by eligible credit rating agencies, which map into different risk weights, the higher risk weight is applied. If there are three or more ratings accorded by eligible credit rating agencies with different risk weights, the ratings corresponding to the two lowest risk weights are referred to and the higher of those two risk weights are applied, i.e., the second lowest risk weight.

9. The RW of the investment claim is based on specific rating by a chosen credit rating agency, where the claim is not an investment in a specific assessed issue:

i) the rating applicable to the specific debt (where the rating maps into a risk weight lower than that which applies to an unrated claim) is applied to the bank’s un-assessed claim only if this claim ranks pari passu or senior to the specific rated debt in all respects and the maturity of the un-assessed claim is not later than the maturity of the rated claim, except where the rated claim is a short term obligation.

ii) if either the issuer or single issue has been assigned a rating which maps into a risk weight equal to or higher than that which applies to unrated claims, an unrated claim on the same counterparty, is assigned the same risk weight as is applicable to the rated exposure, if this claim ranks pari passu or junior to the rated exposure in all respects.

Exposure amounts after risk mitigation subject to the standardized approach Amt. - Rs/ CroresRisk Weight Category Rated Exposure Un-Rated Exposure Exposure After Credit

Risk MitigationBelow 100 % risk weight 12840.30 28046.60 40886.90100 % risk weight 4878.32 16236.76 21115.08More than 100 % risk weight 4389.95 3284.66 7674.60Deducted 0.00 0.00 0.00TOTAL 22108.57 47568.02 69676.58

Table DF 6 - CREDIT RISK MITIGATION: DISCLOSURES FOR STANDARDISED APPROACHES Qualitative Disclosures1. Credit Risk Mitigation is a proactive management tool designed to enhance revenue growth, while protecting an entity's

earnings from loss. Banks employ various methods and techniques to reduce the impact of the credit risks they are exposed to in their daily operations. Some of the credit risk mitigation techniques are permitted to be used by the supervisor for reducing the capital charge after adjustment for value, currency mismatch and maturity mismatch. Various Credit Risk Mitigants (CRM) recognized under the New Capital Adequacy Framework (Basel II) are as follows: → Collateralised transactions → On-balance-sheet-netting → Guarantees

2. Eligible financial collateral: All collaterals are not recognised as credit risk mitigants under the Standardised Approach. The following are the financial

collaterals recognized: (i) Cash and Deposits including deposits in foreign currency. (ii) Gold: benchmarked to 99.99% purity. (iii) Securities issued by Central and State Governments (iv) Kisan Vikas Patra and National Savings Certificates (v) Life insurance policies (vi) Debt securities -Rated subject to conditions. (vii) Debt securities not rated issued by banks subject to conditions (viii) Units of mutual funds subject to conditions

There are certain additional standards for availing capital relief for collateralized transactions, which have direct bearing on the management of collaterals, and these aspects are taken into account during Collateral Management.

iatkc ,.M fla/ cSad


3- v‚u&cSysal&'khV&usfVax

v‚u&cSysal&'khV&usfVax dsoy _.k@vfxzeksa ¼_.k tksf[k+e ds #i esa ekU;½ vkSj tekvksa ¼laikf'oZd ds :i esa ekU;½ rd gh lhfer gS tgk¡ cSad ds ikl dkuwuh :i ls ykxw usfVax çca/k gS ftlesa fo'ks"k xzg.kkf/kdkj çys[kksa dh t‚ap dh tkrh gS vkSj ftudk fuoy vk/kkj ij çca/ku fd;k tkrk gSA

4- xkjafV;‚a tgk¡ xkjafV;‚a lh/ks rkSj ls] lqfuf'pr] vfodYih vkSj 'krZjfgr gSa] cSad iwath i;kZIrrk dh lax.kuk djrs le; ,sls _.k laj{k.k dks /;ku esa j[krk gSA ik= xkjaVjksa@çfr xkjaVjksa ds oxZ esa lfEefyr gSa % I½ lEçHkq] lEçHkqrk çkIr laLFkk,a ¼ch-vkbZ-,l-] vkbZ-,e-,Q-] ;wjksfi;u lsaVªy cSad vkSj ;wjksfi;u leqnk; ds lkFk mYysf[kr ,e-Mh-ch-]

bZ-lh-th-lh- ,oa lh-th-Vh-,l-,e-bZ- lfEefyr gSa½] cSad vkSj çkbZejh Mhyj tks çfr i{k ls de Hkkfjr tksf[k+e;qä gSaA II½ vU; laLFkk,a ftudks ,,¼AA½ ;k mlls csgrj jsfVax çkIr gSA cSad ,Dlikstj ds ,oa lHkh çdkj dh laikf'oZd Lohdkj djrk gSA fQj Hkh ckly&II ds fu;eksa ds vuqlkj] _.k tksf[k+eksa dk

leatu ls iwoZ] ik= laikf'oZdksa ij fopkj fd;k tkrk gS vkSj mudk mfpr mipkj fd;k tkrk gSA cSad ds ikl _.k tksf[k+e de djus dh ,d foLr`r i‚fylh gS vkSj laikf'oZd ds ewY;kadu djus ds fn'kk&funsZ'k miyC/k gSaA cSad xkjaVjksa dh jsfVax djrs le; çfr ikVhZ ls csgrj xkjaVhdrkZvksa dh jsfVax ds ekeyksa esa] ik= xkjafV;ksa dk laKku djrk gSA blds vfrfjä _.k lqj{kk ds fy, dsaæh; ljdkj] jkT; ljdkj] bZ-lh-th-lh- vkSj lh-th-Vh- doj dks Hkh mi;qä tksf[k+e Hkkj yxkrs le; /;ku esa j[kk tkrk gSA

ekud –f"Vdks.k ds varxZr _.k tksf[k+e lafoHkkx dk çdVhdj.k] doj fd;k x;k dqy _.k tksf[k+e% ik= foÙkh; çfrHkwfr dVkSrh djus ds mijkar& # 3239-03 djksM+

rkfydk Mh-,Q- 7- çfrHkwfrdj.k% ekudh—r –f"Vdks.k ds fy, çdVhdj.k

xq.kkRed çdVhdj.k

vkfLR;ksa dh çfrHkwfrdj.k laca/kh uhfr dk vís';1- lalk/kuksa dks c<+kus gsrq 1-1 mfpr ewY; ij ¼vkfLr vk/kkfjr çfrHkwfrdj.k@ca/kd ds ek/;e ls ½ cSad ds lalk/kuksa dks c<+kukA1-2 t:jr iM+us ij] ifjiDork varj dks de djus ds fy,] mÙke vkfLr ns;rk çca/ku gsrq yEch le;kof/k dh vkfLr;ksa dks cspk tk ldrk gSA1-3 cSad dh lao`f) dks çHkkfor fd, fcuk n{krk ls iwath dks"k dh O;oLFkk djus ds fy,A iwath dh nqyZHkrk ds ckotwn O;olk; dh

fujarjrk rFkk vkfLr;ksa ds vkorZu gsrqA1-4 fuf/k;ksa ds u, lzksrksa dk mi;ksx rFkk orZeku fuf/k;ksa ds lk/kuksa dk fofo/khdj.kA 1-5 çfrykHk dks c<+kus ds fy, vkfLr;ksa dk tYnh tYnh Ø;&foØ; A 1-6 _.k lafoHkkx ds mfpr çca/ku ds fy, mPPk laØsUæ.k ds {ks=ksa esa vkfLr;ksa dks fdjk, ij ysdj] cSad bu {ks=ksa esa vfrfjä O;olk;

djuk tkjh j[kus dh fLFkfr esa gksxk vkSj bl rjg cktkj esa viuk fgLlk] xzkgd laca/k bR;kfn cjdjkj j[k ldrk gSA 2- vf/k'ks"k fuf/k;ksa dk vfHkfu;kstu % ihVhlh ds fy, vfHknku djds ;k fQj mfpr çfrykHk nj okys _.kksa ds f}i{kh; vkcaVu ds ek/;e

ls vkfLr;ksa dh [kjhn }kjk vf/k'ks"k fuf/k;ksa ds Fkksd vfHkfu;kstu dk Hkh ,d lk/kuA gkykafd] cSad us çfrHkwfrdj.k ds varxZr ekud _.k lafoHkkx dks fdlh vU; laLFkk¼vksa½ dks ugha cspk gSA ekud lewg vkfLr;ksa dk leuqns'ku- % : 40-53 djksM+ ¼cdk;k 'ks"k½

rkfydk Mh-,Q- 8- VªsfMax cqd esa cktkj tksf[k+e

xq.kkRed çdVhdj.k

cktkj tksf[k+e dk vk'k; C;kt njksa esa ifjorZu] fons'kh eqæk njksa] cktkj ewY;ksa ,oa ifjorZuh;rk ls gksus okys Hkfo"; dh vk; dh vfuf'prrk ls gSA cSad ;g ekurk gS fd cktkj tksf[k+e esa mlds m/kkj@_.k nsus rFkk tek ysus tSls O;olk;ksa vkSj fuos'k xfrfof/k;ksa ;Fkk LFkku xzg.k djuk ,oa O;kikj djuk Hkh 'kkfey gSA cktkj tksf[k+e dk fuos'k uhfr;ksa rFkk cktkj tksf[k+e çca/ku uhfr ds vuqlkj çca/ku fd;k tkrk gS] ftldk vuqeksnu cksMZ }kjk fd;k tkrk gSA ;s uhfr;ksa] çfrHkwfr;ksa ds çpkyu] fons'kh eqæk rFkk vU; mRiknksa dks lqn+<+ ,oa Lohdk;Z O;kikj@dk;Z çfØ;kvksa ds vuqlkj gksuk lqfuf'pr djrh gSa vkSj tgk¡ rd gks lds ;s fofu;ked fn'kk&funsZ'kksa ds vuqlkj forh; çfrHkwfr;ksa ds varj.k dks 'kkflr djus okys fo/kkuksa rFkk foÙkh; ifjos'k ds vuqlj.k esa dk;Z djrs gSaA O;kikj dh iqLrdksa esa cktkj tksf[k+e dk vkadyu ekudh—r vkof/kd vfHk#[k ds vuqlkj fd;k tkrk gSA VªsfMax ¼O;kikj½ ds vk;kstu gsrq rFkk foØ; ds fy, miyC/k iksVZQksfy;ks ds vuqlkj iwathxr ç'kqYd dh lax.kuk Hkkjrh; fjt+oZ cSad ds çwMsf'k;y fn'kk&funsZ'kksa ds vuqlkj dh tkrh gSA

cktkj tksf[k+e çca/ku ds mís'; %

Punjab & Sind Bank


3. On-balance-sheet-netting On-balance sheet netting is confined to loans/advances (treated as exposure) and deposits (treated as collateral), where Bank has

legally enforceable netting arrangements, involving specific lien with proof of documentation and which are managed on a net basis.

4. Guarantees Where guarantees are direct, explicit, irrevocable and unconditional, bank takes account of such credit protection in calculating capital requirements. The range of eligible guarantors / counter guarantors include:

(i) Sovereigns, sovereign entities (including BIS, IMF, European Central Bank and European Community as well as certain specified MDBs, ECGC and CGTSME), banks and primary dealers with a lower risk weight than the counterparty;

(ii) Other entities rated AA or better.

The Bank accepts all types of collaterals against exposures. However, for Basel-II norms, the eligible collaterals are considered and given appropriate treatment before they are set-off against exposures. The bank has a well laid-out Credit Risk Mitigation & Collateral management Policy and also guidelines for valuation of collaterals. The Bank also takes cognizance of eligible guarantees and substitution of rating of guarantor(s) in cases where these are better than that of the counter-party. Besides, for purposes of credit protection, Central Govt., State Govt., ECGC and CGFT coverages are also taken into account to apply appropriate risk weights.

Disclosed credit risk portfolio under the standardised approach, the total exposure that is covered by: Eligible financial collateral; after the application of haircuts –Rs. 3239.03 Crores

Table DF 7- SECURITISATION: DISCLOSURE FOR STANDARDISED APPROACHQualitative DisclosuresObjective of Policy on Securitization of Assets1. For Raising Resources1.1 To raise resources for the Bank (through mortgage/ asset backed securitization) at a reasonable cost.1.2 For better asset liability management as long tenure assets can be disposed off, IN CASE OF NEED, to reduce the maturity

mismatches.1.3 To manage the capital funds efficiently without effecting the growth of the Bank. To rotate assets and to continue to book

business even while capital availability is scarce.1.4 To access to new source of funding and diversify the existing funding sources.1.5 To maximize the returns by churning assets fast.1.6 For better managing the credit portfolio. By hiring of assets in sectors of high concentration, the Bank would be in a position

to continue to book additional business in these sectors and hence maintain market share, client relationship etc. 2. For Deploying Surplus Funds: Avenue for bulk deployment of surplus funds either by subscribing to the PTCs or by purchase of

assets through bilateral assignment of debts with reasonable rate of return. However, Bank has not sold out any standard credit portfolio under securitization to any other entities Assignment of Standard Pool Assets- Rs. 40.53 crores (balance o/s)

Table DF 8 - MARKET RISK IN TRADING BOOKQualitative disclosuresMarket risk refers to the uncertainty of future earnings resulting from changes in interest rates, foreign exchange rates, market prices and volatilities. The Bank assumes market risk in its lending and deposit taking businesses and in its investment activities, including position taking and trading. The market risk is managed in accordance with the investment policies and Market Risk management policy, which are approved by the Board. These policies ensure that operations in securities, foreign exchange and derivatives are conducted in accordance with sound and acceptable business practices and are as per the extant regulatory guidelines, laws governing transactions in financial securities and the financial environment. Market Risk in Trading Book is assessed as per the Standardized Duration approach. The capital charge for Held for Trading (HFT) and Available for Sale (AFS) portfolios is computed as per Reserve Bank of India prudential guidelines.Market risk management objectives:

iatkc ,.M fla/ cSad


cktkj tksf[k+e çca/ku ds mís'; fuEu çi= gSa % pyfuf/k dk çca/ku C;kt nj tksf[k+e ,oa fofue; nj tksf[k+e dk çca/ku fuos'k iksVZQksfy;ks dk mfpr oxhZdj.k ,oa ewY;kadu fuos'kksa rFkk O;qRiknksa inkFkksaZ dh i;kZIr ,oa mfpr fjiksfVaZx fofu;ked vis{kkvksa dk vuqikyuek=kRed çdVhdj.kiwath vko';drk jkf'k dj¨M+¨ esaC;kt nj tksf[k+e 239-03'ks;j fLFkfr tksf[k+e 32-30fons'kh fofue; tksf[k+e 'kwU;

rkfydk Mh-,Q- 9- ifjpkyuxr tksf[k+e xq.kkRed çdVhdj.k cSad us ifjpkyuxr tksf[k+e çca/ku rFkk O;olk; fujarjrk vk;kstu o vkink olwyh çca/ku ij uhfr;‚a rS;kj dh gSaA cSad dk funs'kd&eaMy okf"kZd vk/kkj ij bu uhfr;ksa dh leh{kk djrk gSA cSad tksf[k+e gkfu vkadM+ksa ds laxzg.k dh çfØ;k esa yxk gSA ifjpkyukRed tksf[k+e laca/kh uhfr ds vuqlkj dk;Zdkjh funs'kd dh v/;{krk esa ifjpkyukRed tksf[k+e çca/ku lfefr ¼vksvkj,elh½ xfBr dh xbZ gSA vks-vkj-,e-lh- dh fu;fer cSBdsa çR;sd frekgh esa de ls de ,d ckj vk;ksftr dh tkrh gSaA 'kk[kkvksa dh v‚u lkbZV tksf[k+e vk/kkfjr vkarfjd ys[kk&ijh{kk ¼vkj-ch-vkbZ-,-½ cSad dk fujh{k.k foHkkx laiUuc djrk gSA 3 djksM+ #i, ls Åij ds lHkh _.k çLrkoksa] lhekvksa dh fu;fer #i ls _.k ys[kk&ijh{kk Hkh dh tkrh gSA gkml dhfiax] lek/kku ,oa /kks[kk/kM+h vkfn ls lacaf/kr ekeyksa esa Øe'k% fujh{k.k foHkkx] lek/kku foHkkx ,oa lrdZrk foHkkx budh fjiksfVaZx le;≤ ij v‚fMV desVh v‚Q cksMZ ¼,-lh-ch-½ dks djrs gSaA ifjpkyukRed tksf[k+e rFkk O;olk; fujarjrk vk;kstu ls lacaf/kr fofu;ked fjiksVZ dks le;c) ,oa fu;fer fd;k tkrk gSA ifjpkyukRed tksf[k+e ds fy, iwath çHkkj dh lax.kuk gsrq orZeku esa cSad ewyHkwr lwpdkad i)fr dk vuqikyu dj jgk gSA rFkkfi ifjpkyukRed tksf[k+e ds fy, iwath çHkkj dh lax.kuk mUur i)fr;ksa dh vksj mUeq[k gksus dh rS;kjh Hkh cSad ds lkFk&lkFk dj jgk gSA rkfydk Mh-,Q- 10- cSad dh cfg;ksa esa C;kt nj tksf[k+e ¼vkbZvkjvkjchch½xq.kkRed çdVhdj.k cSad cgh esa C;kt nj tksf[k+e dk çca/ku rFkk ewY; fu/kkZj.k vk; ij tksf[k+e –f"Vdks.k gsrq ijEijkRed varj rFkk vkfFkZd ewY; –f"Vdks.k gsrq la'kksf/kr vof/k varj ds ek/;e ls fd;k x;k gSA cSad cgh esa C;kt nj tksf[k+e ds vUrxZr lHkh vfxze rFkk ifjiDork rd j[ks tkus okys fuos'k 'kkfey gSaA _.k uhfr;‚a rFkk çfØ;k,a@lajpuk vkSj laxBu@fo"k;&{ks= rFkk tksf[k+e lwpuk&ra= dh ç—fr@uhfr;‚a vkfn Mh-,Q-&8 ds varxZr fjiksVZ fd, x, ds vuqlkj gh gSaA cSafdax cqd ¼vkbZvkjvkjchch½ esa C;kt nj tksf[k+e ds ekin.Mksa dh dk;Z&i)fr Hkkjrh; fjt+oZ cSad }kjk funsZf'kr fn'kk&funsZ'kksa ds vuq:i gSA 1-1 Hkkjrh; fjt+oZ cSad us ;g fu/kkZfjr fd;k gS fd C;kt nj laosnu'khyrk ¼iquewZY; fu/kkZj.k varj½ fooj.k ftls ekfld varjky ij rS;kj fd;k tkrk

gS] ds tfj, C;kt nj tksf[k+e dh fuxjkuh dh tk,A rnuqlkj] vkfLr ns;rk çca/ku lfefr ekfld vk/kkj ij C;kt nj laosnu'khyrk dh leh{kk djrh gSA vkfLr;ksa o ns;rkvksa nksuksa esa C;kt nj esa leku ifjorZu ds dkj.k cSad dh 'kq) C;kt vk; esa gksus okys ifjorZu dk vkadyu djrh gSA

1-2 Hkkjrh; fjt+oZ cSad us vof/k varj fo'ys"k.k ds nkSjku C;kt nj laosnu'khyrk ds ek/;e ls vkfLr;ksa o ns;rkvksa ds vkfFkZd ewY; ij C;kt nj ifjorZu ds çHkko dk vuqeku yxkus dk Hkh fu/kkZj.k fd;k gSA cSad frekgh@ekfld varjky ij Hkkjrh; fjt+oZ cSad }kjk ;Fkkfu/kkZfjr vof/k varj fo'ysa"k.k Hkh djrk gSA bZfDoVh ds cktkj ewY; ¼,eohbZ½ ij C;kt nj ifjorZu ds çHkkoksa dk vkof/kd varjky fo'ys"k.k ds ek/;e ls fujh{k.k fd;k tkrk gSA mijksä dk ç;ksx djrs gq,] çR;sd cdsV gsrq vkfLr;ksa ,oa ns;rkvksa dh ifjofrZr vof/k dh x.kuk dh tkrh gS rFkk mijksä }kjk ns;rkvksa o vkfLr;ksa dh la'kksf/kr vof/k dh lax.kuk çR;sd dky&pØ ij ifjdfyr dh tkrh gS vkSj C;kt nj ds 200 chih,l ds ifjorZu dks tksM+us ds ckn ewY; ij iM+s çHkko dk ifjdyu dj 'kq) fLFkfr çkIr dh tkrh gS rkfd ;g fu/kkZfjr fd;k tk lds fd ewY; esa ldkjkRed o`f) gqbZ gS ;k ughaA

1-3 vkfLr;ksa rFkk ns;rkvksa ds foodsiw.kZ mik; gsrq bZ,vkj ¼EaR½ rFkk 'kq) vkof/kd varj dh lhek dk fu/kkZj.k fd;k tkrk gS rFkk fu;fer varjky ij bldh fuxjkuh dh tkrh gSA

ek=kRed çdVhdj.k tksf[k+e ij vk;

,d o"kZ vUrjky rd vkSlru 100 vk/kkj vad ifjorZu dk çHkko #- 2-27 djksM+

vkfFkZd ewY; gsrq la'kksf/kr vof/k varj¼,e-oh-bZ-½&12-81%

Punjab & Sind Bank


The objectives of market risk management are as follows:• Management of liquidity• Management of interest rate risk and exchange rate risk.• Proper classification and valuation of investment portfolio• Adequate and proper reporting of investments and derivative products• Compliance with regulatory requirements

Quantitative DisclosuresThe capital requirements for: Amt. - Rs/ CroresInterest rate risk; 239.03Equity position risk; 32.30Foreign exchange risk; nil

Table DF 9 - OPERATIONAL RISKQualitative disclosuresThe Bank has formulated Policies on “Operational Risk Management’ and the “Business Continuity Plan & Disaster Recovery Management”. These policies are being reviewed by the Board of the Bank on annual basis. Bank is in process of collecting “Loss Data’.As per the policy on Operational Risk, the Operational Risk Management Committee (ORMC) has been set up which is headed by the Executive Director. Regular meetings of the ORMC are convened at least on quarterly basis. Inspection Deptt of the bank undertakes onsite “Risk Based Internal Audit” (RBIA) of the branches. Credit Proposals / Limits beyond Rs. 3 Crores are subjected to Regular Credit Audit also. Inspection, Reconciliation and Vigilance Departments are reporting matters relating to Housekeeping, Reconciliation and Frauds etc. periodically to ACB. Regulatory reporting with regard to Operational Risk and Business Continuity Plan is made timely & regularly. Bank is presently following ‘Basic Indicator Approach” for calculating Capital Charge on Operational Risk. However, the bank is preparing to move to advance approaches of calculating capital charge for Operational Risk.

Table DF 10 -INTEREST RATE RISK IN THE BANKING BOOK (IRRBB)Qualitative disclosuresThe Interest rate risk in banking book is measured and managed by the bank through Traditional Gap for Earnings at Risk (Ear) approach and modified Duration Gap for Economic Value (MVE) Approach. Interest rate risk in banking book includes all advances and investments kept under Held to Maturity (HTM) portfolio. The strategies and process/structure of organization /scope an nature of risk reporting/policies etc., are the same as reported under DF – 8. The methodology adopted to measure the interest rate risk in banking book (IRRBB) is based on RBI suggested guidelines.1.1 RBI has stipulated monitoring of interest rate risk through a Statement of Interest Rate Sensitivity (Reprising Gaps) to be prepared at

monthly intervals. Accordingly, ALCO reviews Interest Rate Sensitivity statement on monthly basis and monitors the Earnings at Risk (EaR) which measures the change in net interest income of the Bank due to parallel change in interest rate on both the assets and liabilities.

1.2 RBI has also stipulated to estimate the impact of change in interest rates on economic value of bank’s assets and liabilities through Interest Rate Sensitivity under Duration Gap Analysis (IRSD). Bank also carries out Duration Gap analysis as stipulated by RBI at monthly/quarterly intervals. The impact of interest rate changes on the Market Value of Equity (MVE) is monitored through Duration Gap Analysis. Using the above, Modified Duration of liabilities and assets for each bucket is calculated and the impact on their value for a change in interest rate by 200 bps is reckoned by adding up the net position is arrived to determine as to whether there will be a positive increase in the value or otherwise.

1.3 As a prudential measure limit has been fixed for EaR as well as for Net Duration Gap of the assets and liabilities and the same is monitored at regular intervals.

Quantitative Disclosuresa) Earning at Risk

At 100 bps change for gaps upto 1 year on average basis Rs. 2.27 Crores

b) Modified Duration Gap for Economic Value (MVE) – 12.81%

iatkc ,.M fla/ cSad


ckly& III ds fy, çdVhdj.k&31 ekpZ] 2015 dks lekIr o"kZrkfydk Mh ,Q 1&vuqç;ksx dk fo"k; {ks=

xq.kkRed çdVhdj.kd½ xzqi laLFkkvksa dh lwph] tks lesdu ds fy, fopkj.kh; gSA

cSad ,sls fdlh oxZ esa ugha vkrk gSA

[k½ xzqi laLFkkvksa dh lwph] tks ys[kk vkSj lesdu ds fofu;ked fo"k; {ks= nksuksa esa lesdu ds fy, fopkj.kh; ugha gSA

ykxw ugÈ

ek=kRed çdVhdj.kx½ ,slh xzqi laLFkkvksa dh lwph] tks lesdu ds fy, fopkj.kh; gS

ykxw ugÈ

?k½ lHkh lgk;d laLFkkvksa dh iwath dh deh dh dqy jkf'k ftUgsa lesdu ds fofu;ked fo"k; {ks= esa lfEefyr ugha fd;k x;k vFkkZr ftUgsa ?kVk;k x;k gS

ykxw ugÈ

M-½ chek laLFkkvksa esa yxh cSad ds leLr fgrksa dh og dqy jkf'k ¼vFkkZr pkyw cgh ewY;] tks tksf[+ke Hkkfjr gSa½ ykxw ugÈp½ cSafdax lewg ds Hkhrj QaM ;k fofu;ked iwath ds varj.k ij dksbZ çfrca/k ;k ck/kk ykxw ugÈ

rkfydk Mh-,Q 2& iwath i;kZIrrk

xq.kkRed çdVhdj.k

cSad us tksf[+ke çca/ku vuqca/k dk fØ;kUo;u djrs le; oSf'od mPp&dksfV dh dk;Z&ç.kkyh dks viukus dh çfØ;k igys ls gh vkjEHk dj nh gS tksfd ckly II rFkk ckly III dh :ijs[kk ds vuq:i gSA

ckly II rFkk ckly III ls lacaf/kr fofHkUu ekeyksa ij /;ku nsus ds fy, tksf[+ke çca/ku dh O;kid ljapuk dk;Zjr gSA tksf[+ke Hkkfjr vkfLr;ksa] cktkj tksf[+ke rFkk çpkyu tksf[+ke esa o`f) ds vklkj ds eísutj cSad dh iwathxr vko';drkvksa dks vkadus ds fy, frekgh vk/kkj ij leh{kk dh tkrh gSA

cSad fgr/kkjdksa] [kkldj tekdrkZvksa ds fgrksa dh lqj{kk gsrq ,Dlikstj] dkjksckj vkfn ds ewY; esa gkfu ds tksf[+ke ds fy, iwath dks xqatkb'k ds :i esa j[krk gSAorZeku ,oa Hkkoh dkjksckj dk;Zdykiksa ds vk/kkj ij iwath vko';drkvksa dks fu/kkZfjr djus ds fy, cSad esa mfpr ç.kkyh dk;Zjr gS rFkk fujarj mldh fuxjkuh dh tkrh gSA cSad dk ekuuk gS fd iwath miyC/krk laiw.kZ çfØ;k dk dsaæh; fo"k; gS vkSj bldh x.kuk dks uhfr] j.kuhfr] dkjksckj Lrj@la?kVu] i;Zos{kh ljksdkj ,oa çdVu eqíksa ls tksM+k tk ldrk gSA bl fn'kk esa cSad us vkarfjd iwath i;kZIrrk ewY;kadu çfØ;k ¼vkbdSi½ dk ,d vPNk <kapk fodflr dj fy;k gS rFkk LrEHk 1 ds varxZr iwath x.kuk ds vykok ckly II ds LrEHk 2 ,oa ckly III ds varxZr Hkh vkof/kd varjky ij iwath x.kuk dh tkrh gSA cSad us iw¡th i;kZIrrk ij çfrdwy ncko ifj–';ksa ds çHkko dks vkof/kd vk/kkj ij ekius ds fy, ncko tkap uhfr cuk;h gSA

Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuq:i] cSad us u;s iwath i;kZIrrk <kapk&ckly II dks ykxw djus ds fy, fuEufyf[kr vo/kkj.kkvksa dks viuk;k gS %&

_.k tksf[+ke ds fy, ekudh—r vo/kkj.kk ifjpkyukRed tksf[+ke ds fy, ewy lwpd vo/kkj.kk cktkj tksf[+ke ds fy, ekud vof/k vo/kkj.kk

;|fi cSad us orZeku esa mijksä ekudh—r vo/kkj.kkvksa dks viuk;k gS rFkkfi cSad vkarfjd Js.kh fu/kkZj.k vk/kkfjr –f"Vdks.k dks viukus dh fn'kk esa vxzlj jgsxkA

_.k tksf[+ke gsrq iwathxr vko';drk,a %jkf'k&:i,@yk[kksa esa

9% dh nj ls ekudh—r –f"Vdks.k ds v/khu iksVZQksfy;ks 452162-48çfr�wfrdj.k ,Dlikst+j 'kwU;

ckt+kj tksf[+ke gsrq iwathxr vko';drk,a % ekudh—r vof/k –f"Vdks.klkekU; ckt+kj tksf[k+e ij iwath ç�kj jkf'k&:i,@yk[kksa esa

» C;kt&nj tksf[k+e 24087-69 » fons'kh fofue; tksf[+ke ¼lksus lfgr½ 135-00 » bfDoVh tksf[k+e 3108-46

Punjab & Sind Bank


BASEL- III DISCLOSURES – HALF YEAR ENDED 31st MARCH 2015Table DF 1 – SCOPE OF APPLICATION

Qualitative Disclosures(a) List of group entities considered for consolidation

The Bank does not belong to any group

(b) List of group entities not considered for consolidation both under the accounting and regulatory scope of consolidation Not Applicable

Quantitative Disclosures(c) List of group entities considered for consolidation Not Applicable(d) The aggregate amount of capital deficiencies in all subsidiaries which are not included in the regulatory

scope of consolidation i.e. that are deducted Not Applicable(e) The aggregate amounts (e.g. current book value) of the bank’s total interests in insurance entities,

which are risk-weighted.Not Applicable

(f) Any restrictions or impediments on transfer of funds or regulatory capital within the banking group Not Applicable

Table DF 2 - CAPITAL ADEQUACYQualitative disclosuresBank is already geared up to adopt global best practices while implementing risk management stipulations that are in conformity with the Basel II framework.Comprehensive risk management architecture is in place to address various issues concerning Basel II. A quarterly review is carried out to assess the capital need of the Bank, keeping in view the anticipated growth in Risk Weighted Assets, Market Risk and Operational Risk.Bank maintains capital as a cushion towards the risk of loss in value of exposure, businesses, etc., to protect the interest of stake holders, more particularly, depositors.Bank has system in place for assessing the capital requirements based on current and future business activities and monitoring the same on an ongoing basis. The bank considers that capital availability is the central theme in the whole process and its computation is relatable to policy, strategy, business level/composition, and Supervisory concern and Disclosure issues. Towards this, bank has evolved a well laid down Internal Capital Adequacy Assessment Process (I-CAAP) framework and carries out capital calculation under Pillar-2 of Basel II and also of Basel-III at periodical intervals besides Pillar 1 Capital calculation. The bank has formulated Stress Testing policy to measure impact of adverse stress scenarios on the adequacy of capital at periodical intervals.In line with RBI guidelines, the bank has adopted following approaches for implementation of New Capital Adequacy Framework – Basel II.

- Standardised Approach for credit risk- Basic Indicator Approach for operational risk- Standardised Duration Approach for market risk

Though the bank has implemented the Standardized Approach of credit risk, yet the bank shall continue its journey towards adopting Internal Rating Based Approaches

Capital requirements for credit risk: Amt. in Lakhs

- Portfolios subject to standardised approach @ 9% 452162.48- Securitisation exposures Nil

Capital requirements for market risk: Standardised duration approachCapital Charge on account of General Market Risk Amt. in Lakhs

- Interest rate risk 24087.69- Foreign exchange risk (including gold) 135.00- Equity risk 3108.46

iatkc ,.M fla/ cSad


ifjpkyu tksf[k+e gsrq iwathxr vko';drk,a %

jkf'k&:i,@yk[kksa esa

ewy lwpd –f"Vdks.k 28992-53

cSad gsrq dqy rFkk fV;j&I iwath vuqikr%

ckly III ds vuqlkj dqy iwath vkSj tksf[+ke Hkkfjr vkfLr vuqikr 11-24%ckly III ds vuqlkj dkeu bfDoVh ds vuqlkj dqy iwath vkSj tksf[+ke Hkkfjr vkfLr vuqikr 8-48%ckly III ds vuqlkj fV;j I iwath vkSj tksf[+ke Hkkfjr vkfLr vuqikr 8-48%

rkfydk Mh ,Q 3 & _.k tksf[+ke % lkekU; çdVhdj.k

xq.kkRed çdVhdj.k

d- fiNyk cdk;k ,oa vutZd [kkrksa dh ifjHkk"kk

cSad us xSj&fu"ikfnr vkfLr;ksa ¼,u-ih-,-½ ds oxhZdj.k ij Hkkjrh; fjt+oZ cSad }kjk tkjh ewy foosdiw.kZ fn'kk&funsZ'kksa dk fuEukuqlkj vuqikyu fd;k gS%d½ tgka fe;knh _.k ds ekeys esa C;kt rFkk@vFkok ewy/ku dh fd'r 90 fnu ls vf/kd vof/k ds fy, vfrns; gksA [k½ Loh—r lhek esa vkgj.k vf/kdkj ds laca/k esa ;fn [kkrk yxkrkj 90 fnuksa ls vf/kd le; ds fy, vfu;fer cuk jgrk gS] rFkk@vFkok

vf/kfod"kZ@udn _.k vks-Mh- lh-lh- ds laca/k esa rqyu&i= dh frfFk rd yxkrkj dksbZ jkf'k tek ugha gksrh gS vFkok tek dh x;h jkf'k mruh i;kZIr ugha gS fd bl vof/k ds nkSjku ukes fd, x, C;kt dks olwy fd;k tk lds rks [kkrk ^vfu;fer * gks tkrk gSA

x½ cSad }kjk [kjhns x, vkSj Hkquk, x, fcyksa ds ekeys esa tgka fcy 90 fnuksa ls vf/kd vof/k ds fy, vfrns; jgs gksaA ?k½ vYi vof/k dh Qlyksa ds fy, ewy/ku dh fd'r vFkok ml ij C;kt ds fy, nks Qlyh ekSle rd vfrns; jgk gksAM½ nh?kZ vof/k dh Qlyksa ds fy, ewy/ku dh fd'r vFkok ml ij C;kt ds fy, ,d Qlyh ekSle rd vfrns; jgk gksAp½ çfrHkwfrdj.k ds fnukad 7 ebZ 2012 ds fn'kk&funsZ'kksa dh 'krkZsa ds vuqlkj çfrHkwfrdj.k ysu&nsu ds laca/k esa ;fn udnh lqfo/kk dh

jkf'k 90 fnuksa ls vf/kd cdk;k jgrh gSAN½ O;qRiUu lkSnksa ds ekeys esa] vfrns; çkfIr;ka tksfd O;qRiUu lafonk ds ldkjkRed cktkj vafdr ewY; dks çnf'kZr djrh gSa] ;fn pqdkSrh

dh fofufnZ"V ns; frfFk ls 90 fnuksa rd cdk;k jgrs gSaA;gka vfrns; jkf'k^ ls vfHkçk; fdlh Hkh _.k lqfo/kk ds v/khu dksbZ Hkh ns; jkf'k ls gS] ;fn cSad dks fu/kkZfjr ns; frfFk ij bldk Hkqxrku ugha gksrk gSA tgka dgha fdlh frekgh ds nkSjku yxk;k x;k C;kt ml frekgh lekfIr ds 90 fnuksa ds Hkhrj iw.kZ :i ls vnk ugha gks tkrk vkSj cSad ds fy, vftZr gksus okyh vk; #d tk, rks ,sls [kkrs dks xSj&fu"ikfnr vkfLr ds :i esa oxhZ—r fd;k tk,xkA mijksä ds vfrfjä cSad vkfLr;ksa ds oxhZdj.k ds laca/k esa Hkkjrh; fjt+oZ cSad }kjk tkjh fuEu fn'kk&funsZ'kksa dk Hkh ikyu dj jgk gSA ¼d½ iqu% ljafpr [kkrs ¼[k½ dk;kZUo;u ds varxZr ifj;kstuk tks vf/kd le; ys jgh gS ¼x½ iksr ynkuksÙkj vkiwfrZ&drkZ _.k ¼?k½ fu;kZr ifj;kstuk foÙk ¼³½ vf/kxzg.k foÙk ¼p½ ljdkjh xkjaVh—r vfxze ¼N½ ch-vkbZ-,Q-vkj-@Vh-,y-vkbZ- }kjk vuqeksfnr iquokZl ds varxZr vfxze ¼>½ _.k ekQh ,oa _.k jkgr ;kstuk 2009 ds v/khu fy;k x;k _.k ¼V½ foÙkh; vkfLr;ksa dks çfrHkwfrdj.k [email protected] daiuh dks cspuk ¼B½ xSj&fu"ikfnr foÙkh; vkfLr;ksa dk Ø;&foØ; ¼<½ [kkrksa dk mUu;u ¼.k½ rqyu&i= dh frfFk ds lehi fu;fer fd, x, [kkrs] vkfnA

[k- _.k tksf[+ke çca/ku rFkk mís'; %

cSad ds _.k tksf[+ke dkjksckj dh çHkkoh igpku] ewY;kadu] ifjekiu rFkk çca/ku ds fy,] cSad dh tksf[+ke {kerk ds laca/k esa visf{kr lhek rd bls fu;af=r djuk rFkk miyC/k iwath ds vuq:i ykuk gSA bl çfØ;k dks djrs gq, cSad ds _.k tksf[+ke n'kZu dk y{; tksf[+ke esa deh ykuk rFkk mls ml Lrj ds Hkhrj cuk, j[kuk gS tksfd fgr /kkjdksa dks bfDoVh lfgr cSad ds foÙkh; lalk/kuksa dh lqj{kk lqfuf'pr djus ds lkFk&lkFk cSad dk lrR k~ ,oa lq–<+ fodkl Hkh lqfuf'pr djrk gSA

_.k tksf[+ke cSad dh ;kstukxr uhfr & _.k tksf[+ke %

cSad dh foLr`r ,oa lqifjHkkf"kr _.k uhfr gS] ftlesa uhfrxr vk;kstuk ds fofHkUu vk;ke 'kkfey gSaA _.k dkjksckj rFkk lkekU; vkfFkZd ,oa cktkj ifj'–; ds vuq:i vfxze fuos'k lwph esa ifjorZuksa dh vis{kkvksa ij fuHkZj djrs gq, cSad le;-le; ij _.k&uhfr dh iqujh{kk djrk gSA cSad dh _.k&uhfr o"kZ esa de ls de ,d ckj funs'kd e.My }kjk O;kid leh{kk ds Hkh v/;k/khu gSA cSad dh _.k uhfr esa vU; ckrksa ds lkFk fuEufyf[kr ?kVdksa dk Hkh /;ku j[kk tkrk gS %

Punjab & Sind Bank


Capital requirements for operational risk:

Amt. in LakhsBasic indicator approach 28992.53

Total and Tier 1 capital ratio for the Bank:Total Capital to Risk Weighted Assets Ratio as per Basel III 11.24%Common Equity Tier I Capital to Risk Weighted Assets Ratio as per Basel III 8.48%Tier I Capital to Risk Weighted Assets Ratio as per Basel III 8.48%

Table DF 3 - CREDIT RISK : GENERAL DISCLOSURES Qualitative DisclosuresA. DEFINITIONS OF PAST DUE AND IMPAIRED:

The Bank follows the basic prudential guidelines issued by the RBI on classification of Non-Performing Asset (NPA) as under :a) Interest and / or instalment of principal remain overdue for a period of more than 90 days in respect of a term loan.b) The account remains ‘out of order’ if the outstanding balance remains continuously in excess of sanctioned limit / DP for more

than 90 days and / or there are no credits continuously for 90 days as on the date of Balance Sheet or credits are not enough to cover the interest debited during the same period, in respect of Overdraft/Cash Credit (OD/CC).

c) The bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted.d) The installment of principal or interest thereon remains overdue for two crop seasons for short duration crops.e) The installment of principal or interest thereon remains overdue for one crop season for long duration crops.f) The amount of liquidity facility remains outstanding for more than 90 days, in respect of a securitization transaction undertaken

in terms of guidelines on securitization dated May 7, 2012.g) In respect of derivative transactions, the overdue receivables representing positive mark-to-market value of a derivative

contract, if these remains unpaid for a period of 90 days from the specified due date for repayment. Here, `Overdue’ mean any amount due to the Bank under any credit facility, if it is not paid on the due date fixed by the Bank.

Where the interest charged during any quarter is not serviced fully within 90 days from the end of the quarter, the account is classified as Non-performing asset and ceases to generate income for the bank.

Besides above, Bank also follows the guidelines issued by RBI in respect of classification of assets under a) Restructured accounts, b) Project under implementation involving time overrun, c) Post shipment Suppliers’ Credit. d) Export Project Finance, e) Take over Finance, f) Govt. guaranteed Advance, g) Advance under Rehabilitation approved by BFIR / TLI, h) Advances under Debt Waiver & Debt Relief Scheme 2009, i) Sale of Financial Assets to Securitization Company /Reconstruction Company, j) Purchase/ Sale of Non-Performing Financial Assets, k) Up-gradation of accounts, l) Accounts regularized near about the Balance Sheet date etc.

B. CREDIT RISK MANAGEMENT AND OBJECTIVES:

To effectively identify, assess, measure, and manage the credit risk exposure of the Bank, with a view to contain it within desired limits in relation to the risk appetite of the Bank and commensurate with the availability of Capital. In doing so, the Bank's Credit Risk philosophy aims at minimising risk and maintaining it within the levels which shall ensure safety of the Bank's financial resources, including stakeholders' equity and, at the same time, also ensure a steady and healthy financial growth.

STRATEGIC POLICY OF THE BANK - CREDIT RISK:

The Bank has a comprehensive and well defined Loan Policy which covers various aspects of strategic planning. The loan policy of the Bank is reviewed from time to time, depending on requirements of the changes in loan portfolio and general economic and market scenario. The loan policy is also subjected to a comprehensive review by the Board at least once a year. The loan policy of the Bank addresses, among other things:

iatkc ,.M fla/ cSad


Û fofHkUu m|ksx ?kVdksa rFkk _.kdrkZ Jsf.k;ksa esa rdZlaxr lhek dk fu/kkZj.k ,oa fu;a=.kAÛ _.k jsfVax rFkk@vFkok fjVsy ?kVdksa ls laca) tksf[+ke :ijs[kk ij vk/kkfjr ewY;kaduAÛ _.kksa ds ewY;kadu] Lohd`fr rFkk fuxjkuh ,oa _.k ds laforj.k dh çfof/k;ksa ds fy, çfØ;k ,oa ç.kkyh ls lacaf/kr ekxZn'khZ funsZ'kAÛ _.k jsfVax ÝseodZA Û fujh{k.k ra= rFkk fofu;ked ,oa uhfrxr ekxZn'khZ funsZ'kksa dk vuqikyuA

_.k&tksf[+ke çca/ku laxBukRed <+k¡pk %

Û _.k tksf[+ke çca/ku dk;ksaZ ds fy, cSad ds laxBukRed <+k¡ps ds 'kh"kZLFk Lrj ij funs'kd&e.My gS] tks tksf[+ke çca/ku dkjksckj ij iwjh fuxjkuh j[krk gSA

Û tksf[+ke çca/ku lfefr ¼vkj-,e-lh-½ tks fd v/;{k ,oa çca/k funs'kd dh v/;{krk esa e.My dh ,d mi lfefr gS] _.k tksf[+ke lfgr lefUor tksf[+ke çca/ku ds fy, uhfr ,oa j.kuhfr rS;kj djrh gSA

Û ifjpkyu Lrj ij] _.k tksf[+ke çca/ku lfefr ¼lh-vkj-,e-lh-½ _.k tksf[+ke dk çca/ku djrh gSA blds eq[; dk;ksaZ esa funs'kd e.My }kjk vuqeksfnr _.k tksf[+ke çca/ku uhfr;ksa dk cSad O;kih vk/kkj ij dk;kZUo;u rFkk funs'kd&e.My dks _.k tksf[+ke çca/ku lacaf/kr] _.k tksf[+ke dh foosdiw.kZ lhek,a] iksVZQksfy;ksa çca/ku] _.k-mRiknksa vkfn ls lacaf/kr lHkh uhfr;ksa ds vuqeksnu gsrq laLrqfr 'kkfey gSA cSad esa _.k vuqeksnu dh çfØ;k dk <+k¡pk cuk gqvk gS vkSj ;g ekudh—r gS] ftlesa _.k vkdyu dh O;kid çfØ;k 'kkfey gSA fdlh Hkh foÙk iks"k.k çLrko ds lkFk tqM+s _.k tksf[+ke ds vkdyu djus gsrq cSad _.kh rFkk çklafxd m|ksxksa ds fofo/k _.k tksf[+keksa dk vkdyu djrk gSA

Û egkçca/kd dh v/;{krk esa tksf[+ke çca/ku foHkkx ¼vkj-,e-Mh-½ funs'kd e.My }kjk fu/kkZfjr lhekvksa ds Hkhrj cSad O;kih vk/kkj ij _.k tksf[+ke dk ifjekiu] fu;a=.k ,oa çca/ku djrk gS vkSj funs'kd e.My@tksf[+ke çca/ku lfefr@_.k tksf[+ke çca/ku lfefr }kjk fu/kkZfjr tksf[+ke ekin.Mksa ds vuqikyu dks ykxw djrk gSA bl nkf;Ro ds fuokZgu esa tksf[+ke çca/ku foHkkx ds fofHkUu d{k ;Fkk _.k tksf[+ke çca/ku d{k] cktkj tksf[+ke çca/ku d{k ¼,-,y-,e-½ rFkk lapkyuxr tksf[+ke çca/ku d{k bldh enn djrs gSaA

Û egkçca/kd ds fu;a=.kk/khu fujh{k.k foHkkx ds lkFk-lkFk _.k fuxjkuh foHkkx] _.kksa dh xq.koÙkk ij fuxjkuh] leL;kvksa dh igpku djuk rFkk dkfe;ksa dks nwj djus dk mik; djrk gSA _.kksa dk iqujh{k.k@_.kksa dh ys[kk ijh{kk dk dk;Z _.k ys[kk ijh{kk ds :i esa vyx ls fd;k tkrk gSA

_.k tksf[+ke çca/ku @ vYihdj.k ds fy, ç;qä lk/ku

Û _.k vuqeksnu drkZ çkf/kdkjh 'kfä;ksa dk çR;k;kstuA cSad dh cgqfo/k tksf[+ke vk/kkfjr vuqeksnu ç.kkyh ds Hkhrj 'kfä;ksa ds çR;k;kstu dh ,d lqifjHkkf"kr ;kstuk fo|eku gS] ftldh tc dHkh vko';drk gks] O;olkf;d vko';drkvksa dh ck/;rkvksa dks iwjk djus ds fy, le;-le; ij iqujh{kk dh tkrh gSA

Û fofHkUu Lo:i ds _.kdrkZvksa ds fy, ,dy@lewg _.k lqfo/kkvksa tSlh _.k@fuos'k ds fofHkUu igyqvksa ij rdZlaxr _.k lhek,a çpyu esa gSaA

Û tksf[+ke] jsfVax@ewY;kadu&cSad us fofHkUu ?kVdksa ds fy, jsfVax e‚My ykxw fd, gq, gSa] tks çfri{k ds cgqfo/k tksf[+ke dkjdksa ds ,dy fcUnq lwpd ds :i esa dk;Z djrs gSa rFkk _.k ewY;kadu fu.kZ;ksa esa ennxkj gksrs gSaA

Û _.k cgh dh xq.koÙkk ds lrR k~ ewY;kadu rFkk _.k ç'kklu esa xq.kkRed lq/kkj ds fy, _.k ys[kk ijh{kk@_.k iqujh{k.k i)fr ,d çHkkoh midj.k gSA

Û lafoHkkx çca/ku & 'kq:vkrh nkSj esa cSad us ,d lk/kkj.k lafoHkkx fuxjkuh ÝseodZ ykxw fd;k gSA Hkfo"; esa cSad vR;k/kqfud lafoHkkx çca/ku e‚My dks ykxw djsxkA

tksf[+ke vkadyu %&

orZeku esa _.k tksf[+ke dks O;fäxr Lrj ij _.k nj rFkk iksVZQksfy;ks Lrj ij tksf[+ke Hkkfjr vkfLr;ksa ds ek/;e ls fu/kkZfjr fd;k x;k gS rFkk iwath dks tksf[+ke Hkkj vk/kkj ij O;ofLFkr fd;k x;k gSA

dqy ldy _.k tksf[+ke dk ,Dlikstj

Js.kh jkf'k&:i,@yk[kksa esa

1- fuf/k&vk/kkfjr _.k jkf'k dk ,Dlikstj 6479642-21

2- xSj&fuf/k vk/kkfjr _.k jkf'k dk ,Dlikstj 358045-74

Punjab & Sind Bank


• Exposure ceilings and prudential caps in different industry segments and borrower categories.• Pricing based on risk profile linked to credit ratings and/or retail segments.• Guidelines relating to procedures and systems for appraisal, sanction, and monitoring of loans and modes of dispensation of credit.• Credit Rating framework.• Inspection mechanism and compliance of regulatory and policy guidelines.CREDIT RISK MANAGEMENT ARCHITECTURE:

• The organizational structure of the Bank for Credit Risk Management function has the Board of Directors at the Apex level that has the overall oversight of management of risks.

• The Risk Management Committee (RMC) which is the sub-committee of the Board headed by the Chairman & Managing Director devises the policy and strategy for integrated risk management including credit risk.

• At the operational level, the Credit Risk Management Committee (CRMC) manages the credit risk. The main function includes implementation of credit risk management policies approved by the Board, monitoring credit risk on a bank wide basis, recommending to the board for its approval all policies relating to credit risk management, prudential limits on credit exposures, portfolio management, loan products etc. There is a structured and standardized credit approval process including a comprehensive credit appraisal procedure. In order to assess the credit risk associated with any financing proposal, the Bank assesses a variety of risks relating to the borrower and the relevant industry.

• The Risk Management Department (RMD) headed by the General Manger, measures, controls and manages credit risk on bank wide basis within the limits set by the Board and enforces compliance with risk parameters set by Board/RMC/CRMC. The RMD is duly supported by Credit Risk Management Cell, Asset Liability Management Cell and Operations Risk Management Cell.

• The Inspection Department as well as Credit Monitoring Department headed by a General Manager monitor the quality of loan portfolio identifies problems and takes steps to correct deficiencies. Loan review / credit audit is undertaken by the Credit Audit function.

TOOLS USED FOR CREDIT RISK MANAGEMENT / MITIGATION

• Credit Approving Authority – Delegation of Powers. The Bank has a well-defined scheme of delegation of powers with a multi-tier risk based approving system, which is reviewed periodically and revised as and when necessary to meet the compulsions of business environment.

• Prudential Limits on various aspects of credit / investment like Single / Group borrower limits for various types of borrowers are in place.

• Risk Rating/Pricing - The bank has introduced rating models for various segments, which serve as a single point indicator of diverse risk factors of a counter party and support credit and pricing decisions.

• Credit Audit/Loan review mechanism is an effective tool for constantly evaluating the quality of loan book and to bring about qualitative improvements in credit administration

• Portfolio Management - to start with, the bank has introduced a simple portfolio-monitoring framework. Going forward the bank will be graduating to a more sophisticated Portfolio Management model.

RISK MEASUREMENT

At present Credit Risk is assessed through Risk rating at the individual level and through Risk Weighting of the assets at the portfolio level and capital is maintained based on Risk Weights.

Total gross credit risk exposures

Category Amt. in Lakhs1 Fund Based Credit Exposures 6479642.212 Non Fund Based Credit Exposures 358045.74

iatkc ,.M fla/ cSad


_.k t¨f[k+e dk Ò©x¨fyd forj.k

Js.kh jkf'k&:i,@yk[kksa esa1 fons'kh

& fuf/k vk/kkfjr _.k jkf'k dk çdVhdj.k'kwU;

& xSj fuf/k vk/kkfjr _.k jkf'k dk çdVhdj.k 'kwU;2 ns'kh

& fuf/k vk/kkfjr _.k jkf'k dk çdVhdj.k 6479642-21& xSj fuf/k vk/kkfjr _.k jkf'k dk çdVhdj.k 358045-74

,Dlikst+j dk m|ksxokj forj.kjkf'k&:i,@yk[kksa esa

d- [kk?kkUu rFkk mR[kuu 35446-34 18032-42 53478-76

d-1 dks;yk@gkMZ fyxukbZV@ihV 180-74 10358-59 10539-33

d-2 vU; [kk?kkUu 35265-60 7673-83 42939-43

[k- [kk| çlaLdj.k 104252-39 1198-09 105450-48

[k-1 phuh 19627-67 295-87 19923-54

[k-2 [kk| rsy vkSj ouLifr 15241-39 5-71 15247-10

[k-3 pk; 1351-84 1-19 1353-02

[k-4 d‚Qh 11-46 0-00 11-46

[k-5 vU; [kk| çlaLdj.k 68020-03 895-33 68915-36

x- csojst ,oa rackdw 44193-21 211-72 44404-93

x-1 rackdw ,oa rackdw mRikn 49-51 0-00 49-51

x-2 csojst ,oa rackdw vU; 44143-70 211-72 44355-42

?k- diM+k m|ksx 127248-25 2138-44 129386-69

?k-1 d‚Vu 65734-95 403-19 66138-14

?k-1-1 fLifuax 60891-84 398-26 61290-10

?k-2 twV 312-20 0-00 312-20

?k-2-1 fLifuax 151-66 0-00 151-66

?k-3 gSaMhØk¶V@[kknh ¼,uih,l½ 1581-40 4-18 1585-58

?k-3-1 fLiafuax 94-41 0-00 94-41

?k-4 flYd 3986-03 580-11 4566-14

?k-4-1 fLifuax 3002-80 76-00 3078-80

?k-5 owyu 1648-99 149-32 1798-31

?k-5-1 fLiafuax 912-30 145-71 1058-01

?k-6 diM+k m/kksx vU; 53984-68 1001-63 54986-31

M- peM+k&peM+k mRikn 10775-69 199-64 10975-33

p- ydM+h ,oa ydM+h mRikn 8942-54 28-03 8970-57

N- dkxt rFkk dkxt mRikn 21728-80 774-43 22503-23

Punjab & Sind Bank


Geographic distribution of exposures

Category Amt. in Lakhs1 Overseas

- Fund Based Credit ExposuresNIL

- Non Fund Based Credit Exposures NIL2 Domestic

- Fund Based Credit Exposures 6479642.21- Non Fund Based Credit Exposures 358045.74

INDUSTRY TYPE DISTRIBUTION OF EXPOSURES Amt. in LakhsINDUSTRY FUNDED NON FUND TOTALA.MINING & QUARRYING 35446.34 18032.42 53478.76A.1 COAL/HARD LIGNITE/PEAT 180.74 10358.59 10539.33A.2 MINING OTHERS 35265.60 7673.83 42939.43B.FOOD PROCESSING 104252.39 1198.09 105450.48B.1 SUGAR 19627.67 295.87 19923.54B.2 EDIBLE OILS & VANASPATI 15241.39 5.71 15247.10B.3 TEA 1351.84 1.19 1353.02B.4 COFFEE 11.46 0.00 11.46B.5 FOOD PROC.- OTHERS 68020.03 895.33 68915.36C.BEVERAGES & TOBACCO 44193.21 211.72 44404.93C.1 TABACCO & TOBACCO PROD. 49.51 0.00 49.51C.2 BEVERAGES & TOBACCO-OTHERS 44143.70 211.72 44355.42D.TEXTILES 127248.25 2138.44 129386.69D.1 COTTON 65734.95 403.19 66138.14D.1.1 SPINNING 60891.84 398.26 61290.10D.2 JUTE 312.20 0.00 312.20D.2.1 SPINNING 151.66 0.00 151.66D.3 HANDICRAFT/KHADI (NPS) 1581.40 4.18 1585.58D.3.1 SPINNING 94.41 0.00 94.41D.4 SILK 3986.03 580.11 4566.14D.4.1 SPINNING 3002.80 76.00 3078.80D.5 WOOLEN 1648.99 149.32 1798.31D.5.1 SPINNING 912.30 145.71 1058.01D.6 TEXTILE-OTHERS 53984.68 1001.63 54986.31E.LEATHER & LEATHER PRODUCTS 10775.69 199.64 10975.33F.WOOD & WOOD PRODUCTS 8942.54 28.03 8970.57G.PAPER & PAPER PRODUCTS 21728.80 774.43 22503.23

iatkc ,.M fla/ cSad


t- iSVªks@dks;yk@ukHkdh; bZa/ku 5697-94 131-61 5829-55

>- jlk;u ,oa jlk;u mRikn 38660-66 471-91 39132-57

>-1 QVhZykbtj 10330-89 0-35 10331-24

>-2 MªX l ,oa QkekZ 17947-47 8-10 17955-57

>-3 iSVªks&jlk;u 5944-00 86-89 6030-89

>-4 jlk;u ,oa jlk;u mRikn 4438-31 376-57 4814-88

V- jcM+] IykfLVd ,oa blds mRikn 17440-81 2538-33 19979-14B- dkap ,oa blds cus mRikn 1190-57 11-69 1202-26M- lhesaV&lhesaV mRikn 10849-80 9066-17 19915-97

<- ewy /kkrq&/kkrq mRikn 213507-01 11971-59 225478-60<-1 yksgk vkSj LVhy 179832-18 2148-81 181980-99

<-2 vU; /kkrq rFkk /kkrq mRikn 33674-83 9822-78 43497-61

.k- leLr bathfu;fjax 41518-62 6475-72 47994-34

.k-1 bySDVªkfuDl 2453-34 223-61 2676-95

.k-2 leLr bathfu;fjax &vU; 39065-28 6252-11 45317-39

r- okgu@okgu dyiqtsZ@VhihVh vkStkj 23607-20 11728-93 35336-13

Fk- jru vkSj vkHkw"k.k 38944-32 57496-51 96440-83

n- fuekZ.k 83448-75 42904-93 126353-68/k- ewyHkwr vko';d rRo 1853341-63 44906-42 1898248-05/k-1 VªkaliksVZ 184254-85 19944-28 204199-13

/k-1-1 jsyos 10314-93 11803-65 22118-58

/k-1-2 jksMost 142596-28 7767-02 150363-30/k-1-3 vU; 0-00 287-40 287-40/k-1-4 okVjost 12-42 34-61 47-03/k-1-5 vU; 31331-22 51-60 31382-82/k-2 ÅtkZ 1306326-15 21629-09 1327955-24

/k-2-1 bySDVªkfuDl ¼lkek-@Vhvkj,e,u@MhVhch½ 1306268-00 21460-64 1327728-64/k-2-2 rsy ¼,lVhvkjth@ikbiykbZu½ 57-82 70-32 128-14/k-2-3 xSl ,y,uth 0-33 98-13 98-46/k-3 Vsyh dE;wfuds'ku 51352-05 1199-94 52551-99

/k-4 ewyHkwr vko';d rRo&vU; 311408-58 2133-11 313541-69

/k-4-1 okVj lSfuVs'ku 94140-94 529-07 94670-01

/k-4-2 lkekftd vkSj dE;wfuds'ku 217267-64 1604-04 218871-68u- vU; m|ksx 15240-45 1353-24 16593-69i- vof'k"V 3783607-30 146405-90 3930013-20

d- f'k{kk _.k 22300-73 24-00 22324-73[k- mM~M;u {ks= 76032-93 0-00 76032-93

dqy ;ksx 6479642-21 358045-74 6837687-96

Punjab & Sind Bank


H.PETRO./COAL/NUCLEAR FUELS 5697.94 131.61 5829.55I.CHEMICALS & CHEMICAL PROD. 38660.66 471.91 39132.57I.1 FERTILISERS 10330.89 0.35 10331.24I.2 DRUGS AND PHARMA. 17947.47 8.10 17955.57I.3 PETRO-CHEMICALS 5944.00 86.89 6030.89I.4 CHEMICALS & CHEMICAL PROD.- OTHERS 4438.31 376.57 4814.88J.RUBBER,PLASTIC & ITS PROD. 17440.81 2538.33 19979.14K.GLASS & GLASSWARE 1190.57 11.69 1202.26L.CEMENT AND CEMENT PROD. 10849.80 9066.17 19915.97M.BASIC METAL & METAL PROD. 213507.01 11971.59 225478.60M.1 IRON & STEEL 179832.18 2148.81 181980.99M.2 OTHER METAL & METAL PROD. 33674.83 9822.78 43497.61N.ALL ENGINEERING 41518.62 6475.72 47994.34N.1 ELECTRONICS 2453.34 223.61 2676.95N.2 ALL ENGG. - OTHERS 39065.28 6252.11 45317.39O.VEHCLES/V.PARTS/TPT.EQPM. 23607.20 11728.93 35336.13P.GEMS & JEWELLARY 38944.32 57496.51 96440.83Q.CONSTRUCTIONS 83448.75 42904.93 126353.68R.INFRASTRUCTURE 1853341.63 44906.42 1898248.05R.1 TRANSPORT 184254.85 19944.28 204199.13R.1.1 -RAILWAYS 10314.93 11803.65 22118.58R.1.2 -ROADWAYS 142596.28 7767.02 150363.30R.1.3 -OTHERS 0.00 287.40 287.40R.1.4 -WATERWAYS 12.42 34.61 47.03R.1.5 -OTHERS 31331.22 51.60 31382.82R.2 ENERGY 1306326.15 21629.09 1327955.24R.2.1 -ELEC(GEN/TRMN/DTB) 1306268.00 21460.64 1327728.64R.2.2 -OIL (STRG/PIPELINES) 57.82 70.32 128.14R.2.3 -GAS/LNG 0.33 98.13 98.46R.3 TELECOMMUNICATION 51352.05 1199.94 52551.99R.4 INFRA-OTHERS 311408.58 2133.11 313541.69R.4.1 -WATER SANITATION 94140.94 529.07 94670.01R.4.2 -SOCIAL & COMM. 217267.64 1604.04 218871.68S.OTHER INDUSTRIES 15240.45 1353.24 16593.69T.RESIDUARY 3783607.30 146405.90 3930013.20a.Education 22300.73 24.00 22324.73b. Aviation Sector 76032.93 0.00 76032.93 Grand Total 6479642.21 358045.74 6837687.96

iatkc ,.M fla/ cSad


mYys[kuh; ,Dlikst+jm|ksx tgka dqy ,Dlikst+j] dqy fuf/k vk/kkfjr rFkk xSj fuf/k vk/kkfjr _.k tksf[+ke ds 5% ls vf/kd gSA


Øe la[;k m|ksx ,Dlikst+j1- cqfu;knh lqfo/kk;sa 1898248-052- vof'k"V 3930013-20

vkfLr;¨a dk vof'k"V Lkafonkxr ifjiDork fodkjjkf'k&:i,@yk[kksa esa

vof/k iw.kZ g¨us dk Lo:i ¼Lke;kof/k½

_.k ,oa vfxze

fuos'k&cgh ewY;½

fons'kh eqæk tekjkf'k;k¡ m/kkjns;rk,a vkfLr;ka

vxyk 1 fnu 202846 0-00 1882 31188 189967 0-002 fnu ls 7 fnu 107983 10991 178 2301 121963 1023218 fnu ls 14 fnu 49269 0-00 411 2459 62664 0-0015 fnu ls 28 fnu 75498 88172 843 5637 225240 0-0029 fnuksa ls 3 ekg 1219191 187371 2508 17241 1885672 0-003 ekg ls vf/kd 6 ekg rd 320824 59657 3055 8399 1173743 700026 ekg ls vf/kd 1 o"kZ rd 386197 56093 6942 0-00 2289742 0-001 o"kZ ls vf/kd 3o"kksaZ rd 1700699 207233 9932 0-00 1290196 0-003 o"kksaZ ls vf/kd 5 o"kksaZ rd 1281330 571323 14111 0-00 757160 0-005 o"kksaZ ls vf/kd 1043179 1494330 0-00 0-00 675125 0-00dqy ;ksx 6387018 2675170 39862 67225 8671472 172323

,u-ih-,- dh jkf'k ¼Lkdy½Js.kh jkf'k&:i,@yk[kksa esa

1- voLrjh; 155980-002- lafnX/k 1 77955-003- lafnX/k 2 71277-004- lafnX/k 3 2681-005- gkfu 326-00

fuoy%& ,u-ih-, jkf'k&:i,@yk[kksa esa

fuoy%& ,u-ih-, 226600

,u-ih-,- vuqikr

Js.kh izfr'kr1 ldy vfxze dk Lkdy ,u-ih-, 4-76%2 fuoy vfxze dk fuoy ,u-ih-, 3-55%

,u-ih-, ¼ldy½ esa mrkj&p<kojkf'k&:i,@yk[kksa esa

vFk 'ks"k 255352-00teka 124242-00deh 71375-00bfr 'ks"k 308219-00

Punjab & Sind Bank


Significant exposure:Industry where the Total Exposure is more than 5% of Total Fund based and Non-fund based exposure:

Amt. in LakhsS.No. Industry Exposure1 Infrastructure 1898248.052 Residuary 3930013.20

RESIDUAL CONTRACTUAL MATURITY BREAKDOWN OF ASSETS Amt. in Lakhs

Maturity Pattern's(Time Buckets)

Loans &Advances

Investments(Book Value)

Foreign CurrencyDeposits Borrowings

Liabilities AssetsNext 1 Day 202846 0.00 1882 31188 189967 0.002 Days To 7 Days 107983 10991 178 2301 121963 1023218 Days To 14 Days 49269 0.00 411 2459 62664 0.0015 Days To 28 Days 75498 88172 843 5637 225240 0.0029 Days To 3 Months 1219191 187371 2508 17241 1885672 0.00Over 3 Months To 6 Months 320824 59657 3055 8399 1173743 70002Over 6 Months To 1 Year 386197 56093 6942 0.00 2289742 0.00Over 1 Year To 3 Years 1700699 207233 9932 0.00 1290196 0.00Over 3 Years To 5 Years 1281330 571323 14111 0.00 757160 0.00Over 5 Years 1043179 1494330 0.00 0.00 675125 0.00GRAND TOTAL 6387018 2675170 39862 67225 8671472 172323

Amount of NPAs (Gross)

Category Amt. in Lakhs1 Substandard 155980.002 Doubtful 1 77955.003 Doubtful 2 71277.004 Doubtful 3 2681.005 Loss 326.00

Net NPAs Amt. in Lakhs

Net NPAs 226600.00

NPA Ratios

Category Percent1 Gross NPAs to Gross advances 4.76%2 Net NPAs to Net advances 3.55%

Movement of NPAs (Gross)Amt. in Lakhs

Opening Balance 255352.00Additions 124242.00Reductions 71375.00Closing Balance 308219.00

iatkc ,.M fla/ cSad


,u-ih-, gsrq çko/kkuksa esa mrkj&p<kojkf'k&:i,@yk[kksa esa

vFk'ks"k 61867o"kZ ds n©jku fd, x, Áko/kku 43662cV~Vs [kkrs Mkyuk

26327vf/kd Áko/kkuä dk iqujkadubfr'ks"k 79202

xSj&fu"ikfnr fuos'kä dh jkf'kjkf'k&:i,@yk[kksa esa

xSj fu"ikfnr fuos'kksa dh jkf'k 5391-01

xSj&fu"ikfnr fuos'kksa ds fy, çko/kkuksa dh jkf'kjkf'k&:i,@yk[kksa esa

xSj&fu"ikfnr fuos'kksa ds fy, çko/kku 3516-01

fuos'kksa ij ewY;ºkzl gsrq çko/kkuksa esa mrkj p<kojkf'k&:i,@yk[kksa esa

vFk'ks"k 1904-99o"kZ ds n©jku fd, x, Áko/kku 520-90cV~Vs [kkrs Mkyuk 'kwU;vf/kd Áko/kkuä dk iqujkadu 1942-99bfr'ks"k 482-90

rkfydk Mh-,Q-& 4 & _.k tksf[+ke % ekudh—r –f"Vdks.k ds varxZr lafoHkkx dk çdVhdj.k

xq.kkRed çdVhdj.k 1- cSad us lh-vkj-,-vkj- ifjdyu gsrq ekudh—r –f"Vdks.k ds varxZr tksf[+ke Hkkj fu/kkZj.k djus ds fy, fuEu Js.kh fu/kkZjd ,tsfUl;ksa dh

lkekU; jsfVax dk mi;ksx djuk vuqeksfnr fd;k gSA ns'kh nkoksa ds fy, fØfly] vkbZlhvkj,] bafM;k jsfVax] fczdodZ] ,l,ebZvkj, rFkk ds;j ,oa vfuoklh d‚jiksjsV] fons'kh cSadksa rFkk fons'kh ljdkj ds nkoksa ds fy, ,l ,.M ih] fQp rFkk ewMht dks vuqeksfnr fd;k gSA

Hkkjrh; fjt+oZ cSad dh ifjHkk"kk ds vuqlkj bu leLr ,tsafl;ksa dk Js.kh fu/kkZj.k leLr çdkj ds _.k tksf[+keksa ds fy, ç;ksx esa yk;k tk jgk gS] c'krsaZ cklsy&II ds varxZr lh-vkj-,-vkj- ifjdyu gsrq ekudh—r –f"Vdks.k ds varxZr tksf[+ke Hkkj ds fy, Js.kh dk fu/kkZj.k fd;k tk jgk gksA

2- cSafdax cfg;ksa esa rqyukRed vkfLr;ksa ij vk/kkfjr Js.kh fu/kkZj.k ds vk/kkj ij lkoZtfud fuxZe ds varj.k ds fy, ç;ksx esa ykbZ xbZ çfØ;k Hkkjrh; fjt+oZ cSad dh fofu;ked vfuok;Zrk ds vuq:i~ gSA Js.kh fu/kkZjd ,tsfUl;ksa }kjk çdkf'kr lkoZtfud Js.kh fu/kkZj.k mudh osclkbZV ij Hkh miyC/k gS] ftldk mís'; gsrq mi;ksx fd;k x;k gSA lEcfU/kr Js.kh fu/kkZjd ,tsUlh ds ekfld cqysfVu ds vuqlkj ykxw Js.kh rFkk ftldh de ls de xr 15 ekg esa ,d ckj leh{kk dh tk pqdh gS] dk bl mís'; gsrq ç;ksx fd;k x;k gSA

3- tgk¡ çR;sd _.k tksf[+ke dk Js.kh fu/kkZj.k dsoy ,d vuqeksfnr Js.kh fu/kkZj.k ,tsUlh }kjk fd;k x;k gS] ds viokn dks NksM+dj] çfri{k fo'ks"k ij leLr _.k tksf[+ke ds fy, cSad us dsoy ,d ,tsUlh ds Js.kh fu/kkZj.k dk ç;ksx fd;k gS ;|fi bu _.k tksf[+keksa dk ,d ls vf/kd ,tsfUl;ksa }kjk Js.khdj.k fd;k x;k gSA

4- tksf[+ke Hkkj gsrq ik=rk ds fy, ;g lqfuf'pr fd;k tkrk gS fd ckgjh _.k ewY;kadu rFkk cSad }kjk mls çnÙk leLr Hkqxrku vFkkZr ewy jkf'k rFkk C;kt ds lEcU/k esa] _.k tksf[+ke ,Dlikstj dh iwjh jkf'k 'kkfey djrk gS rFkk çfrfcafcr djrk gSA tksf[+ke Hkkj ds fy, d‚jiksjsV xzqi esa ,d dEiuh ds fy, ckgjh fu/kkZj.k dk ç;ksx mlh xzqi dh vU; dEifu;ksa ds ckgjh fu/kkZj.k ds fy, ç;ksx ugha fd;k x;k gSA

5- vkfLr;k¡ ftudh lafonkxr ifjiDork ,d o"kZ ;k mlls de gS] ds fy, vYikof/k Js.kh fu/kkZj.k dk ç;ksx fd;k x;k gS tcfd vU; vkfLr;ksa ds fy, nh?kkZof/k Js.kh fu/kkZj.k dk ç;ksx fd;k x;k gSA udn m/kkj ,Dlikstj ds fy, nh?kkZof/k Js.kh fu/kkZj.k dk ç;ksx fd;k x;k gSA

6- tgk¡ tkjhdrkZ dk ,d nh?kkZof/k ,Dlikstj gS ftl ij ckgjh nh?kkZof/k Js.kh fu/kkZj.k ds vuqlkj 150 çfr'kr tksf[+ke Hkkj vfHk"V gksrk gS] mlh çfri{k ds leLr xSj&Js.khxr nkos pkgs os vYikof/k gksa ;k nh?kkZof/k ij 150 çfr'kr tksf[+ke Hkkj ekuk tk,xk] flok, ,sls nkoksa esa tgk¡ tksf[+ke de djus dh rduhd ç;ksx esa ykbZ xbZ gks vYikof/k Js.kh fu/kkZj.k ij Hkh ;gh ykxw gksxkA

Punjab & Sind Bank


Movement of Provisions for NPAs

Amt. in LakhsOpening Balance 61867.00Provisions made during the period 43662.00Write-off 26327.00Write-back of excess provisionsClosing Balance 79202.00

Amount of Non-Performing Investments

Amt. in LakhsAmount of Non-Performing Investments 5391.01

Amount of provisions held for non-performing investments

Amt. in LakhsProvisions held for non-performing investments 3516.01

Movement of provisions for depreciation on investments

Amt. in LakhsOpening Balance 1904.99Provisions made during the period 520.90Write-off NilWrite-back of excess provisions 1942.99Closing Balance 482.90

Table DF 4 - CREDIT RISK: DISCLOSURES FOR PORTFOLIOS SUBJECT TO THE STANDARDISED APPROACH


1. The Bank has approved using the general rating of the following credit rating agencies for risk weighting under the standardized approach for CRAR calculations CRISIL, ICRA, India Rating, SMERA, BRICKWORK and CARE for domestic claims and S&P, FITCH and Moody’s for claims on non-resident corporates, foreign banks and foreign sovereigns.

The ratings of all these agencies are being used for all exposures subjected to rating for risk weighting purposes under the standardized approach for CRAR calculations under Basel-II as defined by RBI.

2. The process used to transfer public issue ratings on to comparable assets in the banking book is as per regulatory requirements of RBI. The public ratings published by the rating agencies on their website are used for this purpose. Only, ratings which are in force as per monthly bulletin of the concerned rating agency and which have been reviewed at least once during the previous 15 months are used.

3. For all the exposures on a particular counterparty, bank uses the rating of only one agency, even though these exposures are rated by more than one with exception being where each of the exposures is rated by only one of the approved rating agencies.

4. To be eligible for risk-weighting purposes, it is ensured that the external credit assessment takes into account and reflects the entire amount of credit risk exposure the bank has with regard to all payments owed to it i.e., both principal and interest. External assessments for one entity within a corporate group is not used to risk weight other entities within the same group.

5. For assets that have contractual maturity less than or equal to one year, short term ratings are used while for other assets, long term ratings are used. For Cash Credit exposures long term ratings are taken.

6. Where an issuer has a long-term exposure with an external long term rating that warrants a risk weight of 150%, all unrated claims on the same counterparty, whether short-term or long-term, also receive a 150% risk weight, except incases where credit risk mitigation techniques are used for such claims. Similar is the case with short-term rating.

iatkc ,.M fla/ cSad


7- vuqeksfnr Js.kh fu/kkZj.k ,tsfUl;ksa }kjk vYikof/k Js.kh fu/kkZj.k dks vYikof/k _.k tksf[+ke Hkkj ds fy, ekudh—r –f"Vdks.k ds varxZr tksf[+ke Hkkj esa çR;{k :i ls 'kkfey fd;k tkrk gSA blds foijhr çfri{k ij xSj fu/kkZfjr vYikof/k nkos] ml çfri{k ij Js.khxr vYikof/k nkos ds fy, tksf[+ke Hkkj ls de ls de ,d Lrj Åij dk tksf[+ke Hkkj ykxw gksxkA

cSad ds fo#) nj fu/kkZj.k lqfo/kk ls mRiUu tksf[+ke Hkkj nkoksa ds vkdyu gsrq fof'k"V :i ls tkjh de vof/k okyh çfrHkwfr;ksa dks ç;ksx fd;k tkrk gS rFkk de vof/k okyh d‚jiksjsV nj fu/kkZfjr çfrHkwfr;ksa dks xSj&fu/kkZfjr nh?kkZof/k nkoksa gsrq tksf[+ke Hkkj leFkZu ds fy, ç;ksx esa ugha yk;k tkrkA

8- ;fn ik= _.k fu/kkZj.k ,tsafl;ksa }kjk nks Js.kh fu/kkZj.k dh xbZ gSa ftlesa nks vyx&vyx tksf[+ke Hkkj vafdr fd, x, gSa] ogk¡ mPprj tksf[+ke Hkkj ykxw fd;k tkrk gSA ;fn ik= _.k Js.kh fu/kkZj.k ,tsafl;ksa }kjk rhu ;k vf/kd Js.kh fu/kkZfjr dh xbZ gS ftlesa tksf[+ke Hkkj vafdr fd, x, gSa] ogk¡ nks rnuq:ih fuEure tksf[+ke Hkkjksa dh Js.kh fu/kkZj.k ds lanHkZ esa rFkk bu nksuksa tksf[+ke Hkkjksa esa mPprj tksf[+ke Hkkj dks ykxw fd;k x;k gS] vFkkZr nwljk lcls U;wure tksf[+ke HkkjA

9- tgk¡ fo'ks"k fu/kkZfjr ekeyksa esa nkok fuos'k ugha gS] fuos'k nkoksa ij tksf[+ke Hkkj p;fur _.k Js.kh oxhZdj.k ,tsUlh }kjk fo'ks"k Js.kh fu/kkZj.k ij vk/kkfjr gSaA i½ _.k fo'ks"k ds fy, ykxw Js.kh fu/kkZj.k ¼tgk¡ Js.kh oxhZdj.k ds tksf[+ke Hkkj xSj&Js.kh—r ekeyksa ij ykxw tksf[+ke Hkkj ls de

gS½ cSad ds dsoy xSj&fu/kkZfjr nkoksa ij ykxw gS] tgk¡ oxhZ—r ekeyk ,d vYikof/k vfuok;Zrk gS ;fn og nkok le:i oxhZ—r gS ;k gj çdkj ls fof'k"V oxhZ—r _.k ls vf/kd gS rFkk xSj &fu/kkZfjr ekeyksa dh ifjiDork fu/kkZfjr ekeyksa dh ifjiDork ds ckn ugha gS] dks NksM+dj cSad ds dsoy xSj&fu/kkZfjr ekeys ij ykxw gSA

ii½ ;fn tkjhdrkZ ;k ,dy fuxZe ds fy, xSj&fu/kkZfjr ekeyksa ds fy, ykxw tksf[+ke Hkkj ls vf/kd ;k mlds cjkcj tksf[+ke Hkkj fu/kkZj.k fd;k x;k gS rks ml çfri{k ij xSj&fu/kkZfjr ekeyksa ds fy, ogh tksf[+ke Hkkj fu/kkZfjr gksxk tksfd _.k tksf[+ke Hkkj ij ykxw gksxk] ;fn ;g nkok mlds lkFk&lkFk ;k gj çdkj ls fu/kkZfjr _.k tksf[+ke Hkkj ls de gSA

ekudh—r –f"Vdks.k j[krs gq, tksf[+ke de djus ds ckn Hkkj jkf'kjkf'k&:i,@yk[kksa esa

tksf[+ke Hkkj Js.kh fu/kkZfjr _.k tksf[+ke xSj&fu/kkZfjr _.k tksf[+ke _.k tksf[+ke de djus ds ckn tksf[+ke Hkkj

100% tksf[+ke Hkkj ls de 1284030-18 2804660-11 4088690-29100% tksf[+ke Hkkj 487831-52 1623675-99 2111507-51100% tksf[+ke Hkkj ls vf/kd 438994-80 328465-63 767460-43dVkSrh 0-00 0-00 0-00dqy 2210856-50 4756801-73 6967658-23

rkfydk Mh-,Q- 5- _.k tksf[+ke de djuk % ekudh—r –f"Vdks.k ds fy, çdVhdj.k

xq.kkRed çdVhdj.k

1- laLFkk ds vtZu dks ?kkVs ls cpkus ds fy,] _.k tksf[+ke de djds jktLo o`f) djuk çca/ku dk çeq[k midj.k gSA cSad vius nSfud ifjpkyu ds nkSjku _.k tksf[+keksa dks de djus ds fy, vusd rjhds vkSj rduhd viukrs gSaA ifjiDork vlarqyu] eqæk vlarqyu vkSj ewY; lek;kstu ds i'pkRk] iwath çHkkj dks de djus gsrq i;Zos{kd us _.k tksf[+ke de djus ds mik;ksa dh vuqefr nh gSA u, iwath i;kZIrrk ÝseodZ ¼csly&II rFkk csly&III½ ds varxZr igpkus x, _.k tksf[+ke de djus ds fofHkUu dkjd ¼lh-vkj-,e-½ fuEu gSa %&

lEikf'koZd lapkyu vkWu&cSysal&'khV&usfVax xkjafV;k¡

2- ik= foÙkh; lEikf'oZd çfrHkwfr;k¡

ekud –f"Vdks.k ds varxZr lHkh lEikf'oZdksa dks _.k tksf[+ke de djus gsrq ugha ekuk x;k gSA igpkuh xbZ foÙkh; lEikf'kZ~od fuEufyf[kr gSa%& 1-½ udnh vkSj tek,a ftlesa fons'kh eqæk lfEefyr gSaA 2-½ lksuk # 99-99 çfr'kr dh 'kq)rk çekf.kr djukA 3-½ dsUæ vkSj jkT; ljdkjksa }kjk tkjh çfrHkwfr;k¡A

Punjab & Sind Bank


7. The Short-term ratings assigned by the approved rating agencies are directly mapped to the risk weights under the Standardised Approach for long-term exposures. On the contrary, the unrated short-term claim on counter-party attracts a risk weight of at least one level higher than the risk weight applicable to the rated short-term claim on that counter-party. Issue-specific short-term ratings are used to derive risk weights for claims arising from the rated facility against banks and a corporate's short-term rating is not used to support a risk weight for an unrated long-term claim.

8. If there are two ratings accorded by eligible credit rating agencies, which map into different risk weights, the higher risk weight is applied. If there are three or more ratings accorded by eligible credit rating agencies with different risk weights, the ratings corresponding to the two lowest risk weights are referred to and the higher of those two risk weights are applied, i.e., the second lowest risk weight.

9. The RW of the investment claim is based on specific rating by a chosen credit rating agency, where the claim is not an investment in a specific assessed issue: i) the rating applicable to the specific debt (where the rating maps into a risk weight lower than that which applies to an

unrated claim) is applied to the bank’s un-assessed claim only if this claim ranks pari passu or senior to the specific rated debt in all respects and the maturity of the un-assessed claim is not later than the maturity of the rated claim, except where the rated claim is a short term obligation.

ii) if either the issuer or single issue has been assigned a rating which maps into a risk weight equal to or higher than that which applies to unrated claims, an unrated claim on the same counterparty, is assigned the same risk weight as is applicable to the rated exposure, if this claim ranks pari passu or junior to the rated exposure in all respects.

Exposure amounts after risk mitigation subject to the standardized approach Amt. in LakhsRisk Weight Category Rated Exposure Un-Rated Exposure Exposure After Credit Risk

MitigationBelow 100 % risk weight 1284030.18 2804660.11 4088690.29100 % risk weight 487831.52 1623675.99 2111507.51More than 100 % risk weight 438994.80 328465.63 767460.43Deducted 0.00 0.00 0.00TOTAL 2210856.50 4756801.73 6967658.23

Table DF 5 - CREDIT RISK MITIGATION: DISCLOSURES FOR STANDARDISED APPROACHES Qualitative Disclosures1. Credit Risk Mitigation is a proactive management tool designed to enhance revenue growth, while protecting an entity's

earnings from loss. Banks employ various methods and techniques to reduce the impact of the credit risks they are exposed to in their daily operations. Some of the credit risk mitigation techniques are permitted to be used by the supervisor for reducing the capital charge after adjustment for value, currency mismatch and maturity mismatch. Various Credit Risk Mitigants (CRM) recognized under the New Capital Adequacy Framework (Basel II) are as follows: → Collateralised transactions → On-balance-sheet-netting → Guarantees

2. Eligible financial collateral:

All collaterals are not recognised as credit risk mitigants under the Standardised Approach. The following are the financial collaterals recognized:

i. Cash and Deposits including deposits in foreign currency. ii. Gold: benchmarked to 99.99% purity. iii. Securities issued by Central and State Governments

iatkc ,.M fla/ cSad


4-½ fdlku fodkl&i= vkSj jk"Vªh; cpr&i=A 5-½ thou&chek i‚fyfl;k¡A 6-½ _.k&çfrHkwfr;k¡ % 'krkZsa ds vuqlkj oxhZ—rA 7-½ cSad }kjk 'krkZsa ds vuqlkj tkjh voxhZ—r _.k&çfrHkwfr;k¡A 8-½ 'krkZsa ds vuqlkj E;wP;qvy QaMksa ds ;wfuV~lA 9-½ iqu% çR;kHkwru ¼jhflD;wfjVkbts'kUt½] ØsfMV jsafVax gks ;k u gks] foÙkh; laikf'oZd ds ik= ughaA laikf'oZd lapkyu esa iwath jkgr çkIr djus ds fy, dqN vfrfjä ekunaM gSa ftudk lh/ks rkSj ij laikf'oZd çca/ku ij çHkkj iM+rk

gS vkSj laikf'oZd çca/ku ds nkSjku bu igyqvksa dks /;ku esa j[kk tkrk gSA

3- v‚u&cSysal&'khV&usfVax

v‚u&cSysal&'khV&usfVax dsoy _.k@vfxzeksa ¼_.k tksf[+ke ds :i esa ekU;½ vkSj tekvksa ¼laikf'oZd ds :i esa ekU;½ rd gh lhfer gS] tgk¡ cSad ds ikl dkuwuh :i ls ykxw usfVax çca/k gS ftlesa fo'ks"k xzg.kkf/kdkj çys[kksa dh tkap dh tkrh gS vkSj ftudk fuoy vk/kkj ij çca/ku fd;k tkrk gSA

4- xkjafV;k¡ % tgk¡ xkjafV;k¡ lh/ks rkSj ls] lqfuf'pr] vfodYih vkSj 'krZjfgr gSa] cSad iwath i;kZIrrk dh lax.kuk djrs le; ,sls _.k laj{k.k dks /;ku esa j[krk gSA ckly&II rFkk ckly&III ds vuqlkj ik= xkjaVjksa@çfr xkjaVjksa ds oxZ esa ;s 'kkfey gSa %

i½ lEçHkq] lEçHkqrk çkIr laLFkk,a ¼ch-vkbZ-,l-] vkbZ-,e-,Q-] ;wjksfi;u lsaVªy cSad vkSj ;wjksfi;u leqnk; ds lkFk mYysf[kr ,e-Mh-ch-,l-] bZ-lh-th-lh- ,oa lh-th-Vh-,l-vkbZ-] lh-vkj-th-,Q-Vh-,y-vkbZ- ,p- lfEefyr gSa½] cSad vkSj çkbZejh Mhyj tks çfr i{k ls de Hkkfjr tksf[+ke ;qä gSaA

ii½ fdlh çR;kHkwru vofLFkfr esa tc _.k laj{k.k çnku fd;k x;k gks rks mls NksM+dj vU; dkjd cká fu/kkZfjr gksrs gSaA blesa ewy] lgk;d rFkk lac) daifu;ksa }kjk _.k laj{k.k çnku fd;k tkuk 'kkfey gSa tc os vkHkkjh ls de tksf[+ke Hkkj ij gksaA

iii½ _.k laj{k.k fdlh çR;kHkwru vofLFkfr esa çnku fd;k tkrk gS] vU; dkjd] tks ml le; cká fu/kkZfjr gS ch-ch-ch-& vFkok csgrj vkSj tks cká :i ls ,& vFkok csgrj fu/kkZfjr Fks] mUgsa _.k laj{k.k çnku fd;k x;k FkkA blesa ewy] lgk;d rFkk lac) daifu;ksa }kjk _.k laj{k.k çnku fd;k tkuk 'kkfey gS tc os vkHkkjh ls de tksf[+ke Hkkj ij gksaA

cSad ,Dlikstj ds çfr lHkh çdkj dh çfrHkwfr;k¡ Lohdkj djrk gSA fQj Hkh ckly&III ds fu;eksa ds vuqlkj] _.k tksf[+keksadk leatu ls iwoZ] ik= lEikf'oZdksa ij fopkj fd;k tkrk gS vkSj mudk mfpr mipkj fd;k tkrk gSA cSad ds ikl _.k tksf[+ke de djus dh ,d foLr`r i‚fylh gS vkSj çfrHkwfr;ksa ds ewY;kadu djus ds fn'kk&funsZ'k miyC/k gSaA cSad xkjaVjksa dh jsfVax djrs le; çfr ikVhZ ls csgrj xkjaVhdrkZvksa dh jsfVax ds ekeyksa esa] ik= xkjafV;ksa dk laKku djrk gSA blds vfrfjä _.k lqj{kk ds fy, dsaæh; ljdkj] jkT; ljdkj] bZ-lh-th-lh- vkSj lh-th-Vh- doj dks Hkh mi;qä tksf[+ke Hkkj yxkrs le; /;ku esa j[kk tkrk gSA

ekud –f"Vdks.k ds varxZr _.k tksf[+ke lafoHkkx dk çdVhdj.k doj fd;k x;kA dqy _.k tksf[+ke % ik= foÙkh; çfrHkwfr dVkSrh djus ds mijkUr #- 323902-83 yk[k

rkfydk Mh-,Q-& 6& çfrHkwfrdj.k % ekudh—r –f"Vdj.k ds fy, çdVhdj.k

xq.kkRed çdVhdj.k

vkfLr;ksa ds çdVhdj.k dh uhfr ds mís';

1- lalk/kuksa dks c<+kus gsrq 1-1 mfpr ewY; ij ¼vkfLr vk/kkfjr çfrHkwfrdj.k@ca/kd ds ek/;e ls ½ cSad ds lalk/kuksa dks c<+kukA

1-2 t:jr iM+us ij] ifjiDork varj dks de djus ds fy,] mÙke vkfLr ns;rk çca/ku gsrq yEch le;kof/k dh vkfLr;ksa dks cspk tk ldrk gSA

1-3 cSad dh lao`f) dks çHkkfor fd, fcuk n{krk ls iwath dks"k dh O;oLFkk djukA iwath dh nqyZHkrk ds ckotwn O;olk; dh fujarjrk rFkk vkfLr;ksa ds vkorZu djukA

1-4 fuf/k;ksa ds u, lzksrksa dk mi;ksx rFkk orZeku fuf/k;ksa ds lk/kuksa dk fofo/khdj.kA

1-5 çfrykHk dks c<+kus ds fy, vkfLr;ksa dk tYnh tYnh Ø;&foØ; A

1-6 _.k lafoHkkx ds mfpr çca/ku ds fy, mPp laØsUæ.k ds {ks=ksa esa vkfLr;ksa dks fdjk, ij ysdj] cSad bu {ks=ksa esa vfrfjä O;olk; djuk tkjh j[kus dh fLFkfr esa gksxk vkSj bl rjg cktkj esa viuk fgLlk] xzkgd laca/k bR;kfn cjdjkj j[k ldrk gSA

Punjab & Sind Bank


iv. Kisan Vikas Patra and National Savings Certificates v. Life insurance policies vi. Debt securities -Rated subject to conditions. vii. Debt securities not rated issued by banks subject to conditions viii. Units of mutual funds subject to conditions ix. Re-securitisations, irrespective of any credit ratings, are not eligible financial collateral.

There are certain additional standards for availing capital relief for collateralized transactions, which have direct bearing on the management of collaterals, and these aspects are taken into account during Collateral Management.

3. On-balance-sheet-netting

On-balance sheet netting is confined to loans/advances (treated as exposure) and deposits (treated as collateral), where Bank has legally enforceable netting arrangements, involving specific lien with proof of documentation and which are managed on a net basis.

4. Guarantees Where guarantees are direct, explicit, irrevocable and unconditional, bank takes account of such credit protection in calculating capital requirements. The range of eligible guarantors / counter guarantors as per Basel III includes:

i. Sovereigns, sovereign entities (including BIS, IMF, European Central Bank and European Community as well as those MDBs, ECGC and CGTSI, CRGFTLIH), banks and primary dealers with a lower risk weight than the counterparty;

ii. Other entities that are externally rated except when credit protection is provided to a securitisation exposure. This would include credit protection provided by parent, subsidiary and affiliate companies when they have a lower risk weight than the obligor.

iii. When credit protection is provided to a securitisation exposure, other entities that currently are externally rated BBB- or better and that were externally rated A- or better at the time the credit protection was provided. This would include credit protection provided by parent, subsidiary and affiliate companies when they have a lower risk weight than the obligor.

The Bank accepts all types of collaterals against exposures. However, for Basel-III norms, the eligible collaterals are considered and given appropriate treatment before they are set-off against exposures. The bank has a well laid-out Credit Risk Mitigation & Collateral management Policy and also guidelines for valuation of collaterals. The Bank also takes cognizance of eligible guarantees and substitution of rating of guarantor(s) in cases where these are better than that of the counter-party. Besides, for purposes of credit protection, Central Govt., State Govt., ECGC and CGFT coverages are also taken into account to apply appropriate risk weights.

Disclosed credit risk portfolio under the standardised approach, the total exposure that is covered by: Eligible financial collateral; after the application of haircuts – Rs. 323902.83 lakhs

Table DF 6- SECURITISATION: DISCLOSURE FOR STANDARDISED APPROACHQualitative DisclosuresObjective of Policy on Securitization of Assets

1. For Raising Resources1.1 To raise resources for the Bank (through mortgage/ asset backed securitization) at a reasonable cost.1.2 For better asset liability management as long tenure assets can be disposed off, IN CASE OF NEED, to reduce the maturity

mismatches.1.3 To manage the capital funds efficiently without effecting the growth of the Bank. To rotate assets and to continue to book

business even while capital availability is scarce.1.4 To access to new source of funding and diversify the existing funding sources.1.5 To maximize the returns by churning assets fast.1.6 For better managing the credit portfolio. By hiring of assets in sectors of high concentration, the Bank would be in a position

to continue to book additional business in these sectors and hence maintain market share, client relationship etc.

iatkc ,.M fla/ cSad


2- vf/k'ks"k fuf/k;ksa dk vfHkfu;kstu % ihVhlh ds fy, vfHknku djds ;k fQj mfpr çfrykHk nj okys _.kksa ds f}i{kh; vkoaVu ds ek/;e ls vkfLr;ksa dh [kjhn }kjk vf/k'ks"k fuf/k;ksa ds Fkksd vfHkfu;kstu dk Hkh ,d lk/kuA

gkyk¡fd] cSad us çfrHkwfrdj.k ds varxZr ekudh—r _.k lafoHkkx dks fdlh vU; laLFkk¼vksa½ dks ugha cspk gSA

ekud lewg vkfLr;ksa ds çfrHkwfrdj.k ¼leuqns'ku½ ds varxZr _.k tksf[+ke ¼cdk;k 'ks"k½ :- 4053 yk[kks esa A

rkfydk Mh-,Q-& 7& VªsfMax cqd esa cktkj tksf[+ke

xq.kkRed çdVhdj.k

cktkj tksf[+ke dk vk'k; C;kt njksa esa ifjorZu] fons'kh eqæk njksa] cktkj ewY;ksa ,oa ifjorZuh;rk ls gksus okys Hkfo"; dh vk; dh vfuf'prrk ls gSA cSad ;g ekurk gS fd cktkj tksf[+ke esa mlds m/kkj@_.k nsus rFkk tek ysus tSls O;olk;ksa vkSj fuos'k xfrfof/k;ksa ;Fkk LFkku xzg.k djuk ,oa O;kikj djuk Hkh 'kkfey gSA cktkj tksf[+ke dk fuos'k uhfr;ksa rFkk cktkj tksf[+ke çca/ku uhfr ds vuqlkj çca/ku fd;k tkrk gS]ftldk vuqeksnu cksMZ }kjk fd;k tkrk gSA ;s uhfr;ksa] çfrHkwfr;ksa ds çpkyu] fons'kh eqæk rFkk vU; mRiknksa dks lq–<+ ,oa Lohdk;Z O;kikj] dk;Z çfØ;kvksa ds vuqlkj gksuk lqfuf'pr djrh gS vkSj tgka rd gks lds ;s fofu;ked fn'kk&funsZ'kksa ds vuqlkj forh; çfrHkwfr;ksa ds varj.k dks 'kkflr djus okys fo/kkuksa rFkk foÙkh; ifjos'k ds vuqlj.k esa dk;Z djrs gSaA O;kikj dh iqLrdksa esa cktkj tksf[+ke dk vkadyu ekudh—r vkof/kd vfHk:[k ds vuqlkj fd;k tkrk gSA VªsfMax ¼O;kikj½ ds vk;kstu gsrq rFkk foØ; ds fy, miyC/k iksVZQksfy;ks ds vuqlkj iwathxr pktZ dh lax.kuk Hkkjrh; fjt+oZ cSad ds çwMsaf'k;y fn'kk&funsZ'kksa ds vuqlkj dh tkrh gSA

cktkj tksf[+ke çca/ku ds mís'; %

cktkj tksf[+ke çca/ku ds mís'; fuEu çdkj ls gS %

pyfuf/k dk çca/ku C;kt nj tksf[+ke ,oa fofue; nj tksf[+ke dk çca/ku fuos'k iksVZQksfy;ks dk mfpr oxhZdj.k ,oa ewY;kadu fuos'kksa rFkk O;qRiknksa inkFkksZ dh i;kZIr ,oa mfpr fjiksaZfVax fofu;ked vis{kkvksa dk vuqikyu

ek=kRed çdVhdj.k %

iwath vko';drk jkf'k&:i,@yk[kksa esaC;kt nj tksf[+ke 24087-69'ks;j fLFkfr tksf[+ke 3108-46fons'kh fofue; tksf[+ke 'kwU;

rkfydk Mh-,Q-& 8& ifjpkyuxr tksf[+ke

xq.kkRed çdVhdj.k

cSad us ifjpkyuxr tksf[+ke çca/ku rFkk O;olk; fujarjrk vk;kstu o vkink olwyh çca/ku ij uhfr;k¡ rS;kj dh gSaA cSad dk funs'kd& e.My okf"kZd vk/kkj ij bu uhfr;ksa dh leh{kk djrk gSA cSad tksf[+ke gkfu vkadM+ksa ds laxzg.k dh çfØ;k esa yxk gSA

ifjpkyukRed tksf[+ke lEcU/kh uhfr ds vuqlkj dk;Zdkjh funs'kd dh v/;{krk esa ifjpkyukRed tksf[+ke çca/ku lfefr ¼vks-vkj-,e-lh-½ xfBr dh xbZ gSA vks-vkj-,e-lh- dh fu;fer cSBdsa çR;sd frekgh esa de ls de ,d ckj vk;ksftr dh tkrh gSA 'kk[kkvksa dh v‚u lkbZV tksf[+ke vk/kkfjr vkarfjd ys[kk&ijh{kk ¼vkj-ch-vkbZ-,-½ cSad dk fujh{k.k lEiUu djrk gSA 3 djksM+ #i;s ls Åij ds lHkh _.k çLrkoksa] lhekvksa dh fu;fer :i ls _.k ys[kk&ijh{kk Hkh dh tkrh gSA

gkml dhafiax] lek/kku ,oa /kks[kk/kM+h vkfn ls lEcfU/kr ekeyksa esa Øe'k% fujh{k.k foHkkx] lek/kku foHkkx ,oa lrdZrk foHkkx budh fjiksfVaZx le;≤ ij v‚fMV desVh v‚Q cksMZ ¼,-lh-ch-½ dks djrs gSaA ifjpkyukRed tksf[+ke rFkk O;olk; fujarjrk vk;kstu ls lEcfU/kr fofu;ked fjiksVZ dks le;c) ,oa fu;fer fd;k tkrk gSA ifjpkyukRed tksf[+ke ds fy, iwath çHkkj dh lax.kuk gsrq orZeku esa cSad ewyHkwr lwpdkad i)fr dk vuqikyu dj jgk gSA rFkkfi ifjpkyukRed tksf[+ke ds fy, iwath çHkkj dh lax.kuk mUur i)fr;ksa dh vksj mUeq[k gksus dh rS;kjh Hkh cSad ds lkFk&lkFk dj jgk gSA

Punjab & Sind Bank


2. For Deploying Surplus Funds: Avenue for bulk deployment of surplus funds either by subscribing to the PTCs or by purchase of assets through bilateral assignment of debts with reasonable rate of return.

However, Bank has not sold out any standard credit portfolio under securitization to any other entities

Exposure (balance outstanding) under Securitisation (Assignment) of Standard Pool Assets - Rs 4053 Lakhs

Table DF 7 - MARKET RISK IN TRADING BOOK

Qualitative disclosuresMarket risk refers to the uncertainty of future earnings resulting from changes in interest rates, foreign exchange rates, market prices and volatilities. The Bank assumes market risk in its lending and deposit taking businesses and in its investment activities, including position taking and trading. The market risk is managed in accordance with the investment policies and Market Risk Management policy, which are approved by the Board. These policies ensure that operations in securities, foreign exchange and derivatives are conducted in accordance with sound and acceptable business practices and are as per the extant regulatory guidelines, laws governing transactions in financial securities and the financial environment. Market Risk in Trading Book is assessed as per the Standardized Duration approach. The capital charge for Held for Trading (HFT) and Available for Sale (AFS) portfolios is computed as per Reserve Bank of India prudential guidelines.

Market risk management objectives:

The objectives of market risk management are as follows:• Management of liquidity• Management of interest rate risk and exchange rate risk.• Proper classification and valuation of investment portfolio• Adequate and proper reporting of investments and derivative products• Compliance with regulatory requirements

Quantitative Disclosures

The capital requirements for: Amt. in Lakhs

Interest rate risk; 24087.69

Equity position risk; 3108.46

Foreign exchange risk; Nil

Table DF 8 - OPERATIONAL RISKQualitative disclosuresThe Bank has formulated Policies on “Operational Risk Management’ and the “Business Continuity Plan & Disaster Recovery Management”. These policies are being reviewed by the Board of the Bank on annual basis. Bank is in process of collecting “Loss Data’.As per the policy on Operational Risk, the Operational Risk Management Committee (ORMC) has been set up which is head by the Executive Director. Regular meetings of the ORMC are convened at least on quarterly basis. Inspection Deptt of the bank undertakes onsite “Risk Based Internal Audit” (RBIA) of the branches. Credit Proposals / Limits beyond Rs. 3 Crores are subjected to Regular Credit Audit also. Inspection, Reconciliation and Vigilance Departments are reporting matters relating to Housekeeping, Reconciliation and Frauds etc. periodically to ACB. Regulatory reporting with regard to Operational Risk and Business Continuity Plan is made timely & regularly. Bank is presently following ‘Basic Indicator Approach” for calculating Capital Charge on Operational Risk. However, the bank is preparing to move to advance approaches of calculating capital charge for Operational Risk.

iatkc ,.M fla/ cSad


rkfydk Mh-,Q-& 9& cSad dh cfg;ksa esa C;kt nj tksf[+ke¼vkbZ-vkj-vkj-ch-ch-½

xq.kkRed çdVhdj.k

cSad cgh esa C;kt nj tksf[+ke dk çca/ku rFkk ewY; fu/kkZj.k vk; ij tksf[+ke –f"Vdks.k gsrq ijEijkRed varj rFkk vkfFkZd ewY; –f"Vdks.k gsrq la'kksf/kr vof/k varj ds ek/;e ls fd;k x;k gSA cSad cgh esa C;kt nj tksf[+ke ds vUrxZr lHkh vfxze rFkk ifjiDork rd j[ks tkus okys fuos'k 'kkfey gSaA _.k uhfr;k¡ rFkk çfØ;k,a@lajpuk vkSj laxBu@fo"k;&{ks= rFkk tksf[+ke lwpuk&ra= dh ç—fr@uhfr;k¡ vkfn Mh-,Q-&8 ds vUrxZr crk, vuqlkj gh gSaA cSafdax cqd ¼vkbZvkjvkjchch½ esa C;kt nj tksf[+ke ds ekin.Mksa dh dk;Z&i)fr Hkkjrh; fjt+oZ cSad }kjk funsZf'kr fn'kk&funsZ'kksa ds vuq:i gSA

1-1 Hkkjrh; fjt+oZ cSad us ;g fu/kkZfjr fd;k gS fd C;kt nj laonsu'khyrk ¼iquewZY; fu/kkZj.k varj½ fooj.k ftls ekfld varjky ij rS;kj fd;k tkrk gS] ds tfj, C;kt nj tksf[+ke dh fuxjkuh dh tk,A rnuqlkj] vkfLr ns;rk çca/ku lfefr ekfld vk/kkj ij C;kt nj laosnu'khyrk dh leh{kk djrh gSA vkfLr;ksa o ns;rkvksa nksuksa esa C;kt nj esa leku ifjorZu ds dkj.k cSad dh 'kq) C;kt vk; esa gksus okys ifjorZu dk vkadyu djrh gSA

1-2 Hkkjrh; fjt+oZ cSad us vof/k varj fo'ys"k.k ds nkSjku C;kt nj laosnu'khyrk ds ek/;e ls vkfLr;ksa o ns;rkvksa ds vkfFkZd ewY; ij C;kt nj ifjorZu ds çHkko dk vuqeku yxkus dk Hkh fu/kkZj.k fd;k gSA cSad frekgh@ekfld varjky ij Hkkjrh; fjt+oZ cSad }kjk ;Fkk fu/kkZfjr vof/k varj fo'ys"k.k Hkh djrk gSA bZfDoVh ds cktkj ewY; ¼,eohbZ½ ij C;kt nj ifjorZu ds çHkkoksa dk vkof/kd varjky fo'ys"k.k ds ek/;e ls fujh{k.k fd;k tkrk gSA mijksä dk ç;ksx djrs gq,] çR;sd cdsV gsrq vkfLr;ksa ,oa ns;rkvksa dh ifjofrZr vof/k dh x.kuk dh tkrh gS rFkk mijksä }kjk ns;rkvksa o vkfLr;ksa dh la'kksf/kr vof/k dh lax.kuk çR;sd dky&pØ ij ifjdfyr dh tkrh gS vkSj C;kt nj ds 200 chih,l ds ifjorZu dks tksM+us ds ckn ewY; ij iM+s çHkko dk ifjdyu dj 'kq) fLFkfr çkIr dh tkrh gS rkfd ;g fu/kkZfjr fd;k tk lds fd ewY; esa ldkjkRed o`f) gqbZ gS ;k ughA

1-3 vkfLr;ksa rFkk ns;rkvksa ds foosdiw.kZ mik; gsrq bZ,vkj rFkk 'kq) vkof/kd varj dh lhek dk fu/kkZj.k fd;k tkrk gS rFkk fu;fer varjky ij bldh fuxjkuh dh tkrh gSA

ek=kRed çdVhdj.k

d½ tksf[+ke ij vk;

,d o"kZ vUrjky rd vkSlru 100 vk/kkj vad ifjorZu dk çHkko #- 227-25 yk[k

[k½ vkfFkZd ewY; gsrq la'kksf/kr vof/k varj¼,e-oh-bZ-½ &12-81 izfr'kr

rkfydk Mh-,Q-10 çfri{kh; _.k tksf[+ke laca/kh vofLFkfr ds fy, lkekU; çdVhdj.k

xq.koÙkk çdVhdj.k

çfri{kh; _.k tksf[+ke ¼lh-lh-vkj½ Hkqxrku ls iwoZ vFkok Hkqxrku dh frfFk dks ysu&nsu ds fuiVku ds le; çfri{k }kjk dh xbZ pwd okyk tksf[+ke gSA çfri{k dh _.k lhek,a ¼varj cSad lhek,a½ ,,y,e uhfr ds varxZr r; dh tkrh gSa vkSj ,,y,e uhfr ds ek/;e ls gh fuxjkuh j[kh tkrh gSA çfri{k ds lkFk fd, x, lHkh O;qRikn ysu-nsu dk ewY;kadu cSad ds cksMZ }kjk vuqeksfnr O;qRikn uhfr ¼MsfjosfVo ikfylh½ ds ek/;e ls fd;k tkrk gSA gkykafd cSad us dksbZ O;qRikn ysu&nsu ugha fd;kA

xyr rjhds ls gq, _.k tksf[+ke ds fy, cSad dh dksbZ uhfr ugha gSA

cSad dks vHkh fdlh _.k lgk;d vuqca/k ¼lh-,l-,-½ le>kSrk çfri{kksa ds lkFk djuk gS vkSj bldk çHkko orZeku esa vifjek.; gSA

ek=kRed

cSad f}i{kh; usfVax dks ekU;rk ugha nsrk gSA


fooj.k lkadsfrd jkf'k orZeku vofLFkfrfons'kh eqæk lafonk,a 1189617-7 25650-0

cSad ds ikl dksbZ O;qRikn vofLFkfr¼,Dlikstj½@ysu&nsu ugha gSA

Punjab & Sind Bank


Table DF 9 -INTEREST RATE RISK IN THE BANKING BOOK (IRRBB)Qualitative disclosuresThe Interest rate risk in banking book is measured and managed by the bank through Traditional Gap for Earnings at Risk (Ear) approach and modified Duration Gap for Economic Value (MVE) Approach. Interest rate risk in banking book includes all advances and investments kept under Held to Maturity (HTM) portfolio. The strategies and process/structure of organization / scope and nature of risk reporting/policies etc. are the same as reported under DF – 8. The methodology adopted to measure the interest rate risk in banking book (IRRBB) is based on RBI suggested guidelines.

1.1 RBI has stipulated monitoring of interest rate risk through a Statement of Interest Rate Sensitivity (Reprising Gaps) to be prepared at monthly intervals. Accordingly, ALCO reviews Interest Rate Sensitivity statement on monthly basis and monitors the Earnings at Risk (EaR) which measures the change in net interest income of the Bank due to parallel change in interest rate on both the assets and liabilities.

1.2 RBI has also stipulated to estimate the impact of change in interest rates on economic value of bank’s assets and liabilities through Interest Rate Sensitivity under Duration Gap Analysis (IRSD). Bank also carries out Duration Gap analysis as stipulated by RBI at monthly/quarterly intervals. The impact of interest rate changes on the Market Value of Equity (MVE) is monitored through Duration Gap Analysis. Using the above, Modified Duration of liabilities and assets for each bucket is calculated and the impact on their value for a change in interest rate by 200 bps is reckoned by adding up the net position is arrived to determine as to whether there will be a positive increase in the value or otherwise.

1.3 As a prudential measure limit has been fixed for EaR as well as for Net Duration Gap of the assets and liabilities and the same is monitored at regular intervals.

Quantitative Disclosuresa) Earning at Risk

Amt. in Lakhs

At 100 bps change for gaps upto 1 year on average basis 227.25

b) Modified Duration Gap for Economic Value (MVE) – 12.81%

Table DF-10: General Disclosure for Exposures Related to Counterparty Credit Risk


Counter Party Credit Risk (CCR) is the risk of default by the Counterparty towards settlement of transaction before or at the maturity. Counter party credit limits (Inter Bank limits) are set up and monitored through ALM Policy. All the Derivative Transactions with the Counterparty are evaluated through Board approved Derivative Policy of the Bank. However, Bank is not having any Derivative Transactions

Bank does not have any policy related to Wrong Way Risk exposure.

Bank is yet to enter into any Credit Support Annex (CSA) Agreement with its Counterparties and such impact is currently not quantifiable.

QuantitativeBank does not recognize bilateral netting

Amt. in Lakhs

Particulars Notional Amount Current ExposureForeign Exchange Contracts 1189617.70 25650.00

Bank is not having any derivative exposure/transactions.

iatkc ,.M fla/ cSad


rkfydk Mh-,Q-11- iwath dh jpuk ¼:i,@&yk[kksa esa½

fofu;ked lek;kstuksa ds laØe.k ds nkSjku ¼31 ekpZ 2013 ls 31 fnlEcj 2017 rd½ ckly III ds varxZr vke çdVhdj.k gsrq VSEiysV

jkf'k ckly III ds ykxw gksus ls iwoZ

lanHkZ la-

Øe la- lkekU; bZfDoVh fV;j 1 iw¡th% fy[kr o vkjf{kr 1 çR;{kr% tkjh lkekU; vgZrk 'ks;j iw¡th ,oa rRlaca/kh vf/k'ks"k LV‚d¼'ks;j çhfe;e½ 171845-28 2 çfr/kkfjr miktZu 167918-69 3 vU; lafpr O;kid vk; ¼,oa vU; vkjf{kr fuf/k;ka½ 141030-24 4 lhbZVh 1 ls çR;{kr% tkjh iw¡th ¼dsoy xSj&la;qä LV‚d dEifu;ksa 1 ij

ykxw½ 1-1-2018 rd lkoZtfud {ks= dks iSr`d :i ls miyC/k djkbZ xbZ iw¡th 0-00

5 vuq"kafx;ksa }kjk tkjh o rhljs i{k }kjk j[kh xbZ lkekU; 'ks;j iw¡th ¼lhbZVh 1 lewg gsr Loh—r jkf'k½

0-00

6 fofu;ked lek;kstu ls iwoZ lkekU; bZfDoVh fV;j 1 iw¡th 480794-21 lkekU; bZfDoVh fV;j 1 iw¡th% fofu;ked lek;kstu 7 foosdlEer ewY;kadu lek;kstu 0-00 8 lk[k ¼lacaf/kr dj ns;rk dk 'kq)½ 0-00 9 ca/kd lfoaZlx vf/kdkj ds vfrfjä vU; vewrZ ¼lacaf/kr dj ns;rk dk 'kq)½ 3-798 tkjh ck.M&

6-33*60%10 vkLFkfxr dj vkfLr;ka 0-00 11 udn çokg cpko vkjf{kr fuf/k 0-00 12 vuqekfur gkfu gsrq fd, x, çko/kkuksa esa deh 0-00 13 foØ; ij çfrHkwfrdj.k ykHk 0-00 14 mfpr ewY; nsunkfj;ksa ij vius _.k tksf[+ke esa ifjorZu ds dkj.k gqvk ykHk ,oa gkfu 0-00 15 fu/kkZfjr ykHk is'ku QaM fuoy lEifÙk;ka 0-0016 Lo;a ds 'ks;jksa esa fuos'k ¼;fn iwoZ esa çLrqr fd, x, rqyu&i= esa çnÙk iw¡th

esa fu/kkZj.k u fd;k x;k gks½0-00

17 lkekU; bZfDoVh esa ijLij çfr/kkfjrk 1923-77 18 fofu;ked lesdu ds dk;Z{ks= ls ckgj cSafdax] foÙkh; ,oa chek dEifu;‚] tks

fofu;ked lesdu esa lfEefyr ugha dh tk ldrh] ekU; vf/kfoØ; dh fLFkfr ds vuqlkj] tgk¡ cSad ds ikl tkjh fd, x, 'ks;j iw¡th dk 10 çfr'kr ls vf/kd 'ks;j /kkfjrk u gks] dh iw¡th esa fuos'k ¼vkjfEHkd 10çfr'kr jkf'kls vf/kd½]

0-00

19 fofu;ked lesdu ds dk;Z{ks= ls ckgj cSafdax] foÙkh; ,oa chek dEifu;‚a] ds lkekU; 'ks;jksa esa egRoiw.kZ fuos'k] ekU; vf/kfoØ; dh fLFkfr ds vuqlkj ¼vkjfEHkd 10çfr'kr ls vf/kd jkf'kdh lhek½

0-00

20 ca/kd lfoZflax vf/kdkj ¼vkjfEHkd 10 çfr'kr jkf'k ls vf/kd½] lacaf/kr ugha 21 vLFkk;h vUrj ds dkj.k mRiUu gqbZ vkLFkfxr dj vkfLr;‚a ¼vkjfEHkd 10

çfr'kr jkf'k ls vf/kd] lacaf/kr dj ns;rk dk fuoy½] lacaf/kr ugha

22 vkjfEHkd 15 çfr'kr ls vf/kd dh jkf'k lacaf/kr ugha 23 ftldk% foÙk ds lkekU; LV‚d esa egRoiw.kZ fuos'k lacaf/kr ugha 24 ftldk% ca/kd lfoZflax vf/kdkj lacaf/kr ugha 25 ftldk% vLFkk;h vUrj ds dkj.k mRiUu gqbZ vkLFkfxr dj vkfLr;‚a lacaf/kr ugha 26 fof'k"V jk"Vªh; fofu;ked lek;kstu ¼ -26,+26ch+26lh½ 0 26, vlesfdr xSj&foÙkh; lgk;d dE ifu;ksa dh bfDoVh iwath esa fuos'k 0

Punjab & Sind Bank


Table DF 11 – Composition of CapitalAmt. in Lakhs

Basel III common disclosure template to be used during the transition of regulatory adjustments (i.e. from March 31, 2013 to December 31, 2017)

Amounts Subject To Pre Basel III Treatment

Ref No.

S.No. Common Equity Tier 1 capital: instruments and reserves

1 Directly issued qualifying common share capital plus related stock surplus (share premium) 171845.28

2 Retained earnings 167918.69 3 Accumulated other comprehensive income (and other reserves) 141030.24

4Directly issued capital subject to phase out from CET1 (only applicable to non-joint stock companies1) Public sector capital injections grandfathered until 1/1/2018

0.00

5 Common share capital issued by subsidiaries and held by third parties (amount allowed in group CET1) 0.00

6 Common Equity Tier 1 capital before regulatory adjustments 480794.21 Common Equity Tier 1 capital: regulatory adjustments

7 Prudential valuation adjustments 0.008 Goodwill (net of related tax liability) 0.00

9 Intangibles other than mortgage-servicing rights (net of related tax liability) 3.798 bond issue-

6.33*60%10 Deferred tax assets 0.0011 Cash-flow hedge reserve 0.0012 Shortfall of provisions to expected losses 0.0013 Securitisation gain on sale 0.0014 Gains and losses due to changes in own credit risk on fair valued liabilities 0.0015 Defined-benefit pension fund net assets 0.00

16 Investments in own shares (if not already netted off paid-in capital on reported balance sheet) 0.00

17 Reciprocal cross-holdings in common equity 1923.77

18

Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued share capital (amount above 10% threshold)

0.00

19Significant investments in the common stock of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions (amount above 10% threshold)3

0.00

20 Mortgage servicing rights4 (amount above 10% threshold) Not Relevant

21 Deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax liability) Not Relevant

22 Amount exceeding the 15% threshold6 Not Relevant 23 of which: significant investments in the common stock of financials Not Relevant 24 of which: mortgage servicing rights Not Relevant 25 of which: deferred tax assets arising from temporary differences Not Relevant 26 National specific regulatory adjustments (26a+26b+26c) 0

26a Investments in the equity capital of unconsolidated nonfinancial subsidiaries 0

iatkc ,.M fla/ cSad


26ch lokZf/kd LokfeRo okyh dEifu;‚a] tks cSad ds lkFk lesfdr ugha dh x;ha] ds bZfDoVh iw¡th esa deh

0

26lh vifj'kksf/kr isa'ku fuf/k O;; 0 ckly III ykxw gksus ls iwoZ lkekU; bZfDoVh fV;j 1 ls lac) jkf'k ij ykxw

fofu;ked lek;kstu 478866-64

ftldk% lek;kstu ds uke dk mYys[k djsa] mnkgj.k ds fy,% ,,Q,l _.k çfrHkwfr;ksa ij vewrZ gkfu gVkus ds ckn ¼Hkkjrh; lanHkZ esa ykxw ugha½

&

ftldk% lek;kstu ds uke dk mYys[k djsa] mnkgj.kkFkZ vLFkk;h vUrj ds dkj.k mRiUu gqbZ vkLFkfxr dj vkfLr;‚a]

&

ftldk% lek;kstu ds uke dk mYys[k djsa] mnkgj.kkFkZ vewrZ vkfLr;ka] & 27 vi;kZIr vfrfjä fV;j 1 rFkk fV;j 2 ds dkj.k dVkSrh dh HkjikbZ gsrq fV;j

1 ds lkekU; bZfDoVh ij ykxw fofu;ked lek;kstu 2-53

28 lkekU; bZfDoVh fV;j 1 ij dqy fofu;ked lek'kks/ku 1930-10 29 lkekU; bZfDoVh fV;j 1 iw¡th ¼lhMZVh1½ 478864-12 vfrfjä fV;j 1 iw¡th% fy[kr 30 çR;{kr% tkjh ik= vfrfjä fV;j 1 fy[kr ,oa lacaf/kr LV‚d ljIyl ¼31+32½ 0-00 31 ftldk% fu/kkZfjr ekud ys[kkadu ds v/khu bZfDoVh ds :i esa ifjHkkf"kr

¼LFkk;h vlap;h vf/kekfur 'ks;j½0-00

32 ftldk% fu/kkZfjr ekud ys[kkadu ds v/khu ns;rkvksa ds :i esa ikfjHkkf"kr ¼LFkk;h _.k fy[kr½

0-00

33 vfrfjä fV;j 1 esa vlfEefyr çR;{kr% tkjh iw¡th fy[kr 0-00 34 vfrfjä fV;j 1 fy[kr ¼,oa lhbZVh1 fy[kr] ftls iafä 5 esa 'kkfey ugha

fd;k x;k gSA½] tks lgk;d dEifu;ksa }kjk tkjh fd, x, gksa ,oa rhljs i{k }kjk /kkfjr gksa ¼jkf'k lewg ,Vh1 gsrq Loh—r gSA½

0-00

35 ftldk% lgk;d dEifu;ksa }kjk tkjh fy[kr] ftls fudky fn;k x;k gks 0-00 36 fofu;ked lek;kstu ls iwoZ vfrfjä fV;j 1 iw¡th 0-00 vfrfjä fV;j 1 iw¡th% fofu;ked lek;kstu 37 Lo;a ds vfrfjä fV;j1 ds fy[kr esa fuos'k 0-00 38 vfrfjä fV;j 1 fy[kr esa ijLij çfr/kkfjrk 0-00 39 fofu;ked lesdu ds dk;Z{ks= ls ckgj cSafdax] foÙkh; ,oa chek dEifu;‚a]

ekU; vf/kfoØ; dh fLFkfr ds vuqlkj] tgk¡ cSad ds ikl tkjh fd, x, lkekU; 'ks;j iw¡th dk 100% ls vf/kd 'ks;j/kkfjrk uk gks dh iw¡th esa fuos'k ¼vkjfEHkd 10 çfr'kr jkf'k ls vf/kd½]

0-00

40 fofu;ked lesdu ds dk;Z{ks= ls ckgj cSafdax] foÙkh; ,oa chek dEifu;‚a] dh iw¡th esa egRoiw.kZ fuos'k] ¼ekU; vf/kfoØ; dh fLFkfr ds vuqlkj 'kq)½

0-00

41 jk"Vªh; fof'k"V fofu;ked lek;kstu 0-00 41, lokZf/kd LokfeRo okyh dEifu;‚a tks cSad ds lkFk lesfdr ugha dh x;ha] ds

vfrfjä fV;j1 iw¡th esa deh 0-00

41ch ckly III ykxw gksus ls iwoZ vfrfjä fV;j&1 iw¡th ls lac) jkf'k ij ykxw fofu;ked lek;kstu

8177-09

ftldk lek;kstu ds uke dk mYys[k djsa] mnkgj.kkFkZ MhVh,] 0-00 ftldk% lek;kstu ds uke dk mYys[k djsa mnkgj.kkFkZ fo|eku lek;kstu]

ftUgsa 50 çfr'kr dh nj ls fV;j&1 ls dkVk x;k gS]2-53 vewrZ¾

6-33*40%

ftldk% lek;kstu ds uke dk mYys[k djsa] 0-00 42 vi;kZIr fV;j 2 ds dkj.k dVkSrh dh HkjikbZ gsrq vfrfjä fV;j&1 ij ykxw

fofu;ked lek;kstu 0-00

Punjab & Sind Bank


26b Shortfall in the equity capital of majority owned financial entities which have not been consolidated with the bank 0

26c Unamortised pension funds expenditures 0

REGULATORY ADJUSTMENTS APPLIED TO COMMON EQUITY TIER 1 IN RESPECT OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT 478866.64

OF WHICH: [INSERT NAME OF ADJUSTMENT] For example: filtering out of unrealised losses on AFS debt securities (not relevant in Indian context) -

OF WHICH: [INSERT NAME OF ADJUSTMENT e.g. DTAs] - OF WHICH: [INSERT NAME OF ADJUSTMENT e.g. intangible assets] -

27 Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional Tier 1 and Tier 2 to cover deductions 2.53

28 Total regulatory adjustments to Common equity Tier 1 1930.10 29 Common Equity Tier 1 capital (CET1) 478864.12

Additional Tier 1 capital: instruments

30 Directly issued qualifying Additional Tier 1 instruments plus related stock surplus (31+32) 0.00

31 of which: classified as equity under applicable accounting standards (Perpetual Non-Cumulative Preference Shares) 0.00

32 of which: classified as liabilities under applicable accounting standards (Perpetual debt Instruments) 0.00

33 Directly issued capital instruments subject to phase out from Additional Tier 1 0.00

34Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by subsidiaries and held by third parties (amount allowed in group AT1)

0.00

35 of which: instruments issued by subsidiaries subject to phase out 0.00 36 Additional Tier 1 capital before regulatory adjustments 0.00

Additional Tier 1 capital: regulatory adjustments37 Investments in own Additional Tier 1 instruments 0.0038 Reciprocal cross-holdings in Additional Tier 1 instruments 0.00

39

Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above 10% threshold)

0.00

40Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions10)

0.00

41 National specific regulatory adjustments 0.00

41a Shortfall in the Additional Tier 1 capital of majority owned financial entities which have not been consolidated with the bank 0.00

41b REGULATORY ADJUSTMENTS APPLIED TO ADDITIONAL TIER 1 IN RESPECT OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT 8177.09

OF WHICH: [INSERT NAME OF ADJUSTMENT e.g. DTAs] 0.00

OF WHICH: [INSERT NAME OF ADJUSTMENT e.g. existing adjustments which are deducted from Tier 1 at 50%] 2.53 Intangible=

6.33*40% OF WHICH: [INSERT NAME OF ADJUSTMENT] 0.00

42 Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover deductions 0.00

iatkc ,.M fla/ cSad


43 vfrjfä fV;j&1 iw¡th ij ykxw dqy fofu;ked lek;kstu 2-53 44 vfrfjä fV;j&1 iw¡th ¼,Vh1½ &2-53 44, iw¡th i;kZIrrk gsrq j[kk x;k vfrfjä fV;j&1 iw¡th 0-00 45 ¼fV;j&1 iw¡th ¼Vh1+lhbZVh1+,Vh1½ ¼iafä 29+iafä 44,½ 478864-12 fV;j&2 iw¡th% fy[kr ,oa çko/kku 46 çR;{kr% tkjh ik= fV;j 2 fy[kr ,oa lacaf/kr LV‚d ljIyl 0-00 47 fV;j&2 esa ls çR;{kr% tkjh iw¡th fy[kr 73500-00 lckMhZusV _.k 48 fV;j&2 fy[kr ¼,oa iafä 5 vFkok 34 esa lfEefyr ugha fd, x, lhbZVh1

vkSj ,Vh1 fy[kr½ tks lgk;d dEifu;ksa }kjk tkjh fd, x, gksa ,oa rhljs i{k }kjk /kkfjr gksa ¼jkf'k lewg fV;j&2 gsrq Loh—r dh x;h gksA½

0-00

49 ftldk% fudkys x, fy[kr tks lgk;d dEifu;ksa }kjk tkjh fd, x, gksa 0-00 50 çko/kku 84907-81 LVSUMMZ vfxze

ij çko/kku + iquew ZY;k adu vkj{k.k

51 fofu;ked lek;kstu ls iwoZ fV;j&2 iw¡th 158407-81 fV;j&2 iw¡th% fofu;ked lek;kstu 52 Lo;a ds fV;j&2 fy[kr esa fuos'k 0-00 53 fV;j&2 fy[kr esa ijLij çfr/kkfjrk 2100-00 54 fofu;ked lesdu ds dk;Z{ks= ls ckgj cSafdax] foÙkh; ,oa chek dEifu;‚a]

ekU; vf/kfoØ; dh fLFkfr ds vuqlkj] tgk¡ cSad ds ikl tkjh fd, x, lkekU; 'ks;j iw¡th dk 10 çfr'kr ls vf/kd 'ks;j/kkfjrk u gks] dh iw¡th esa fuos'k ¼vkjfEHkd 10 çfr'kr jkf'k ls vf/kd½]

0-00

55 fofu;ked lesdu ds dk;Z{ks= ls ckgj cSafdax] foÙkh; ,oa chek dEifu;‚a] dh iw¡th esa egRoiw.kZ fuos'k ¼ekU; vf/kfoØ; dh fLFkfr ds vuqlkj 'kq)½

0-00

56 fof'k"V jk"Vªh; fofu;ked lek;kstu ¼56,+56ch½ 0-00 56a, lokZf/kd LokfeRo okyh foÙkh; dEifu;‚a] tks cSad ds lkFk lesfdr ugha dh

x;ha] ds fV;j&2 iw¡th esa deh 0-00

56ch ckly III ykxw gksus ls iwoZ fV;j 2 iw¡th ls lac) jkf'k ij ykxw fofu;ked lek;kstu 2100-00 ftldk% lek;kstu ds uke dk mYys[k djsa mnkgj.kkFkZ fo|eku lek;kstu]

ftUgsa 50 çfr'kr dh nj ls fV;j&2 ls dkVk x;k gS]0-00

ftldk% lek;kstu ds uke dk mYys[k djsa] 0-00 57 fV;j&2 iw¡th esa dqy fofu;ked lek;kstu 2100-00 58 fV;j&2 iw¡th ¼Vh2½ 156307-81 58, iw¡th i;kZIrrk gsrq j[kk x;k fV;j&2 iw¡th 156307-81 58ch fV;j&2 ds :i esa j[kh x;h vU; vfrfjä fV;j&1 iw¡th 0-00 58lh iw¡th i;kZIrrk gsrq Loh—r dqy fV;j&2 iw¡th ¼iafä58,+iafä58ch½ 156307-81 59 dqy iw¡th ¼Vhlh ¾Vh1+Vh2½ ¼iafä 45+iafä 58lh½ 635171-92 ckly-III ykxw gksus ls iwoZ tksf[+ke Hkkfjr vkfLr;ka ls lac) jkf'k 5649846-18 ftldk% lek;kstu ds uke dk mYys[k djsa] ftldk% 60 dqy tksf[+ke Hkkfjr vkfLr;ka ¼iafä 60,+iafä 60ch+iafä 60lh½ 5649846-18 60, ftldk% dqy _.k tksf[+ke Hkkfjr vkfLr;ka 5024027-59 60ch ftldk% dqy cktkj tksf[+ke Hkkfjr vkfLr;ka 303679-42 60lh ftldk% dqy ifjpkfyr tksf[+ke Hkkfjr vkfLr;ka 322139-17

Punjab & Sind Bank


43 Total regulatory adjustments to Additional Tier 1 capital 2.53 44 Additional Tier 1 capital (AT1) -2.53

44a Additional Tier 1 capital reckoned for capital adequacy11 0.00 45 Tier 1 capital (T1 = CET1 + AT1) (row 29 + row 44a) 478864.12

Tier 2 capital: instruments and provisions46 Directly issued qualifying Tier 2 instruments plus related stock surplus 0.0047 Directly issued capital instruments subject to phase out from Tier 2 73500.00 Subordinate Debt

48Tier 2 instruments (and CET1 and AT1 instruments not included in rows 5 or 34) issued by subsidiaries and held by third parties (amount allowed in group Tier 2)

0.00

49 of which: instruments issued by subsidiaries subject to phase out 0.00

50 Provisions12 84907.81Pov. On Std. Advances+Revaluation

51 Tier 2 capital before regulatory adjustments 158407.81Tier 2 capital: regulatory adjustments

52 Investments in own Tier 2 instruments 0.0053 Reciprocal cross-holdings in Tier 2 instruments 2100

54

Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above the 10% threshold)

0.00

55Significant investments in the capital banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions13)

0.00

56 National specific regulatory adjustments (56a+56b) 0.00

56a Shortfall in the Tier 2 capital of majority owned financial entities which have not been consolidated with the bank 0.00

56b REGULATORY ADJUSTMENTS APPLIED TO TIER 2 IN RESPECT OF AMOUNTS SUBJECT TO PRE BASEL III TREATMENT 2100

OF WHICH: [INSERT NAME OF ADJUSTMENT e.g. existing adjustments which are deducted from Tier 2 at 50%] 0.00

OF WHICH: [INSERT NAME OF ADJUSTMENT 0.00 57 Total regulatory adjustments to Tier 2 capital 2100 58 Tier 2 capital (T2) 156307.81

58a Tier 2 capital reckoned for capital adequacy14 156307.81 58b Excess Additional Tier 1 capital reckoned as Tier 2 capital 0.00 58c Total Tier 2 capital admissible for capital adequacy (row 58a + row 58b) 156307.81 59 Total capital (TC = T1 + T2) (row 45+row 58c) 635171.92

RISK WEIGHTED ASSETS IN RESPECT OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT 5649846.18

OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH: …

60 Total risk weighted assets (row 60a +row 60b +row 60c) 5649846.18 60a of which: total credit risk weighted assets 5024027.59 60b of which: total market risk weighted assets 303679.42 60c of which: total operational risk weighted assets 322139.17

iatkc ,.M fla/ cSad


iw¡th vuqikr 61 lkekU; bZfDoVh fV;j&1 ¼tksf[+ke Hkkfjr vkfLr;ksa ds çfr'kr ds :i esa½ 8-48% 62 fV;j&1 ¼tksf[+ke Hkkfjr vkfLr;ksa ds çfr'kr ds :i esa½ 8-48% 63 dqy iw¡th ¼tksf[+ke Hkkfjr vkfLr;ksa ds çfr'kr ds :i esa½ 11-24% 64 laLFkk fo"k;d cQ+j vko';drk ¼U;wure lhbZVh1 vko';drk lg iw¡th

vfHk:irk ,oa çfrpØh; cQ+j vko';drk,a tksf[+ke Hkkfjr vkfLr;ksa ds çfr'kr ds :i esa½

5-50%

65 ftldk% iw¡th vfHk:irk cQ+j vko';drk 0 66 ftldk% cSad fo"k;d çfrpØh; cQ+j vko';drk 0 67 ftldk% th-,lvkbZch cQ+j vko';drk 0 68 cQ+j dh iwfrZ gsrq miyC/k lkekU; bZfDoVh fV;j&1 ¼tksf[+ke Hkkfjr vkfLr;ksa

ds çfr'kr ds :i esa½2-98%

jk"Vªh; fefuek ¼;fn ckly III ls fHkUu gS½ 69 jk"Vªh; lkekU; bZfDoVh fV;j&1 U;wure vuqikr ¼;fn U;wure ckly III ls

fHkUu gks½5-50%

70 jk"Vªh; fV;j&1 U;wure vuqikr ¼;fn U;wure ckly III ls fHkUu gks½ 7% 71 jk"Vªh; ldy iw¡th U;wure vuqikr ¼;fn U;wure ckly III ls fHkUu gks½ 9% dVkSrh gsrq fu/kkZfjr lhek ls de jkf'k ¼tksf[+ke Hkkfjr ls iwoZ½ 72 vU; foÙkh; dEifu;ksa dh iw¡th esa xSj egRoiw.kZ fuos'k 0 73 foÙkh; dEifu;ksa dh lkekU; iw¡th esa egRoiw.kZ fuos'k 0 74 ca/kd lfoZflax vf/kdkj ¼vU; foÙkh; dEifu;ksa dh iw¡th esa xSj egRoiw.kZ fuos'k½ Hkkjr esa ykxw ugha 75 vLFkk;h fHkUurk ds dkj.k mRiUu gqbZ dj vkfLr;ka ¼lacaf/kr dj ns;rk dk fuoy½ fV;j&2 esa çko/kkuksa ds lesdu ij ykxw mPpre lhek 76 ekudh—r –f"Vdks.k ls ,Dlikstj ds lanHkZ esa fV;j&2 esa lesdu gsrq çk=

çko/kku ¼mPpre lhek ykxw gksus ls iwoZ½49603-00

77 ekudh—r –f"Vdks.k ds v/khu fV;j&2 esa çko/kkuksa ds lesdu dh mPpre lhek 62800-34 78 vkarfjd jsafVax –f"Vdks.k vk/kkj ij ,Dlikstj ds lanHkZ esa fV;j 2 esa lesdu

gsrq çk= çko/kku ¼mPpre lhek ykxw gksus ls iwoZ½ykxw ugha

79 vkarfjd jsfVax –f"Vdks.k ls fV;j 2 esa çko/kkuksa ds lesdu gsrq mPpre lhek ykxw ugha Q+st vkmV dh O;oLFkk ij iw¡th fy[kr ¼dsoy 1 vçsy] 2018 ls 31 ekpZ 2022 ds chp ykxw½ 80 Q+st vkmV dh O;oLFkk ij lhbZVh1 fy[kr ij djsaV mPpre lhek

Hkkjr esa ykxw ugha

81 mPpre lhek ds dkj.k lhbZVh 1 esa 'kkfey u dh x;h jkf'k¼iqu% çkfIr ,oa

ifjiDork ds ckn mPpre lhek ls vfrfjä½

82 Q+st vkmV dh O;oLFkk ij ,Vh1 fy[kr ij djsaV mPpre lhek 83 mPpre lhek ds dkj.k ,Vh 1 esa 'kkfey u dh x;h jkf'k¼iqu% çkfIr ,oa


84 Q+st vkmV dh O;oLFkk ij Vh 2 fy[kr ij djsaV mPpre lhek 85 mPpre lhek ds dkj.k Vh 2 esa 'kkfey u dh x;h jkf'k ¼iqu% çkfIr ,oa


rkfydk Mh-,Q-&12 & iw¡th dk la;kstu &lek/kku vis{kk,a

ykxw ugha gS D;ksafd forh; fooj.k esa fn;k x;k cSad dk rqyu i= vkSj fofu;ked nk;js ds varxZr vkus okyk rqyui= ,d ls gSaA

Punjab & Sind Bank


Capital ratios 61 Common Equity Tier 1 (as a percentage of risk weighted assets) 8.48% 62 Tier 1 (as a percentage of risk weighted assets) 8.48% 63 Total capital (as a percentage of risk weighted assets) 11.24%

64Institution specific buffer requirement (minimum CET1 requirement plus capital conservation and countercyclical buffer requirements, expressed as a percentage of risk weighted assets)

5.50%

65 of which: capital conservation buffer requirement 0 66 of which: bank specific countercyclical buffer requirement 0 67 of which: G-SIB buffer requirement 0

68 Common Equity Tier 1 available to meet buffers (as a percentage of risk weighted assets) 2.98%

National minima (if different from Basel III)

69 National Common Equity Tier 1 minimum ratio (if different from Basel III minimum) 5.50%

70 National Tier 1 minimum ratio (if different from Basel III minimum) 7% 71 National total capital minimum ratio (if different from Basel III minimum) 9%

Amounts below the thresholds for deduction (before risk weighting)72 Non-significant investments in the capital of other financials 073 Significant investments in the common stock of financials 074 Mortgage servicing rights (net of related tax liability)

Not applicable in India75 Deferred tax assets arising from temporary differences

(net of related tax liability)Applicable caps on the inclusion of provisions in Tier 2

76 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to standardised approach (prior to application of cap) 49603.00

77 Cap on inclusion of provisions in Tier 2 under standardised approach 62800.34

78 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal ratings-based approach (prior to application of cap) n.a.

79 Cap for inclusion of provisions in Tier 2 under internal ratings-based approach n.a.Capital instruments subject to phase-out arrangements (only applicable between

April 1, 2018 and March 31, 2022)80 Current cap on CET1 instruments subject to phase out arrangements

Not applicable in India

81 Amount excluded from CET1 due to cap (excess over cap after redemptions and maturities)

82 Current cap on AT1 instruments subject to phase out arrangements

83 Amount excluded from AT1 due to cap (excess over cap after redemptions and maturities)

84 Current cap on T2 instruments subject to phase out arrangements

85 Amount excluded from T2 due to cap (excess over cap after redemptions and maturities)

Table DF 12 –Composition of Capital- Reconciliation Requirements-

Not applicable as the Bank’s Balance sheet as in Financial Statement is same as Balance sheet under regulatory scope of consolidation

iatkc ,.M fla/ cSad


Mh&,

Q&1

3&fo

fu;ke

d i

wath fy

[kr

ksa eq[; fo'k

s"krk,

a

fV;j

&2

ck.M

l ¼lckMhZusV

_.k fy[kr½

Øe

la-

fofu;ked

iwath çy

s[kksa dh eq[

; fo'ks"kr

kvksa ds fy,

çdVhdj.k

VsEiy

sV ¼fM

lDy

kstj VsE

iysV½

lhjht

&VI

II¾15

0 djksM+l

hjht

&IX¾10

0djksM+

lhjht

&X¾

400d

jksM+

lhjht

&XI¾17

5djksM+

lhjht

&XI

I¾20

0djksM+

lhjht

&XI

II¾30

0djksM+

1-tkjhd

rkZ

iatkc ,

.M fla/k

cSadiat

kc ,

.M fla/k

cSadiat

kc ,

.M fla/k

cSadiat

kc ,

.M fla/k

cSadiat

kc ,

.M fla/k

cSadiat

kc ,

.M fla/k

cSad

2-

;wfud

igp

kudrkZ ¼vFkk

ZR k lh-;

w-,l

-vkbZ-ih-] v

kbZ-,l

-vkbZ-,u- v

Fkok

çkbZo

sV Iy

slesaV

ds fy,

Cywec

xZ ig

pkud

rkZ½

vkbZ-,u-

bZ-60

8,09

072

vkbZ-,u-

bZ-60

8,09

080

vkbZ-,u-

bZ-60

8,09

098

vkbZ-,u-

bZ-60

8,09

114

vkbZ-,u-

bZ-60

8,09

122

vkbZ-,u-

bZ-60

8]09

130

3-fy

[kr

ds 'kkl

h fo/kku

çfrH

kwfr l

afonk

fofu;e

u vf/kfu;e

19

56] daiu

h vf/kfu;e

19

56] cSafdax d

aifu;

ksa

¼vf/kxzg.

k ,o

a miØ

eksa

dk varj

.k½ vf/kfu;e

19

80 fMi‚ft

Vjht

¼t

ek d

rkZ½ vf/ku;

e 19

96] Hkkjr

ljd

kj]

Hkkjr

h; fjt

+oZ cSad

]lsch] lacaf/kr

LV‚d

,Dlpsat] daiafu;

ksa ds

fy,

¼dsUæ

h; l

jdkj½

ds l

kekU;

fu;

e ,o

a çk:

i] 1

956½ d

s vuqc

a/k&x ,o

a@vFkok

vuqc

a/k&?k e

sa ;Fkk

mfYyf[kr m

ica/k

çfrH

kwfr l

afonk fçfrH

kwfr

lafonk fofu;

eu

vf/kfu;e

195

6] d

aiuh

vf/kfu;e

195

6] c

Safdax

daifu;

ksa ¼v

f/kxzg

.k ,

oa miØ

eksa d

k varj

.k½

vf/kfu;e

198

0 fMi‚ft

Vjht

¼tek

drkZ½ vf/ku;

e 99

6]

Hkkjr

ljd

kj] Hkkjr

h;

fjt+oZ

cSad]l

sch] lacaf/kr

LV

‚d ,

Dlpsat] daiafu;

ksa ds fy,

¼dsUæ

h;

ljd

kj½ ds l

kekU;

fu;e

,oa

çk:i] 1

956½

ds v

uqca/k&

x ,o

a@vFkok vuqc

a/k&?k e

sa ;F

kk mfYyf[kr m

ica/k

çfrH

kwfr l

afonk fofu;

eu

vf/kfu;e

195

6] d

aiuh

vf/kfu;e

195

6] c

Safdax

daifu;

ksa ¼v

f/kxzg

.k ,

oa mi

Øeksa d

k varj

.k½

vf/kfu;e

198

0 fMi‚ft

Vjht

¼tek d

rkZ½

vf/ku;

e 19

96] Hkkjr

ljd

kj] Hkkjr

h; fjt

+oZ cSad

]lsch] lacaf/kr

LV‚d

,Dlpsat] daiafu;

ksa ds

fy,

¼dsUæ

h; l

jdkj½ ds

lkekU;

fu;

e ,o

a çk:

i]

1956

½ ds v

uqca/k&

x

,oa@

vFkok vuqc

a/k&?k

esa ;F

kk mfYy

f[kr m

ica/k

çfrH

kwfr l

afonk

fofu;e

u vf/kfu;e

19

56] daiu

h vf/kfu;e

19

56] cSafdax

daifu;

ksa ¼v

f/kxzg

.k ,

oa miØ

eksa

dk varj

.k½ vf/kfu;e

19

80 fMi

‚ftVj

ht

¼tek d

rkZ½ vf/ku;

e 19

96] Hkkjr

ljd

kj]

Hkkjr

h; fjt

+oZ cSad

]lsch] lacaf/kr

LV‚d

,Dlpsat] daiafu;

ksa ds

fy,

¼dsUæ

h; l

jdkj½

ds l

kekU;

fu;

e ,o

a çk:

i] 1

956½ d

s vuqc

a/k&x

,oa@

vFkok

vuqc

a/k&?k e

sa ;Fkk

mfYyf[kr m

ica/k

çfrH

kwfr l

afonk

fofu;e

u vf/kfu;e

19

56] daiu

h vf/kfu;e

19

56] cSafdax d

aifu;

ksa

¼vf/kxzg.

k ,o

a miØ

eksa

dk varj

.k½ vf/kfu;e

19

80 fMi‚ft

Vjht

¼t

ek d

rkZ½ vf/ku;

e 19

96] Hkkjr

ljd

kj]

Hkkjr

h; fjt

+oZ cSad

]lsch] lacaf/kr

LV‚d

,Dlpsat] daiafu;

ksa ds

fy,

¼dsUæ

h; l

jdkj½

ds l

kekU;

fu;

e ,o

a çk:

i] 1

956½ d

s vuqc

a/k&x ,o

a@vFkok

vuqc

a/k&?k e

sa ;Fkk

mfYyf[kr m

ica/k

çfrH

kwfr l

afonk

fofu;e

u vf/kfu;e

19

56] daiu

h vf/kfu;e

19

56] cSafdax d

aifu;

ksa

¼vf/kxzg.

k ,o

a miØ

eksa

dk varj

.k½ vf/kfu;e

19

80 fMi‚ft

Vjht

¼t

ek d

rkZ½ vf/ku;

e 19

96] Hkkjr

ljd

kj]

Hkkjr

h; fjt

+oZ cSad

]lsch] lacaf/kr

LV‚d

,Dlpsat] daiafu;

ksa ds

fy,

¼dsUæ

h; l

jdkj½

ds l

kekU;

fu;

e ,o

a çk:

i] 1

956½ d

s vuqc

a/k&x ,o

a@vFkok

vuqc

a/k&?k e

sa ;Fkk

mfYyf[kr m

ica/k

fofu;ked

O;o

gkj

4-Vªkaft

'kuy

ckl

y&

III fu;

efV;j

&2

fV;j

&2

fV;j

&2

fV;j

&2

fV;j

&2

fV;j

&2

5-iksLV

Vªkaft

'kuy

csly&

III fu;

efV;j

&2

fV;j

&2

fV;j

&2

fV;j

&2

fV;j

&2

fV;j

&2

6-,d

y@

lewg

@lewg

rFkk ,d

y

Lrj ij

ik=

,dy

,dy

,dy

,dy

,dy

,dy

7-fy

[kr

Lo:i

fV;j

II _

.k fy[kr

fV;j

II _

.k fy[kr

fV;j

II _

.k fy[kr

fV;j

II _

.k fy[kr

fV;j

II _

.k fy[kr

fV;j

II _

.k fy[kr

8-fofu;ked

iwath ds v

arxZr

ekU;

jkf'k&

¼djksM+ :

i;ksa esa½

#i,

&30

djksM+

#i,

&54

djksM+

#i,

256

djksM+

#i,

&11

2 djksM+

#i,

&14

0djksM+

#i,

&21

0 djksM+

9-fy

[kr

dk lee

wY;10

0000

0 :i,

1000

000

:i,

:i,

100

0000

:i,

100

0000

:i,

100

0000

:i,

100

0000

10-

ys[kkad

u ds v

uqlkj o

xhZd

j.k

ns;rk¼_

.k½

ns;rk¼_

.k½

ns;rk¼_

.k½

ns;rk¼_

.k½

ns;rk¼_

.k½

ns;rk¼_

.k½

11-

tkjh dju

s dh ewy

frfFk

31&07

&20

0615

&02

&20

0822

&09

&20

0826

&06

&20

0911

&01

&20

1024

&06

&20

1112

-lrR

k~ vFkok fnu

kafdr

fnukafd

rfnukafd

rfnukafd

rfnukafd

rfnukafd

rfnukafd

r13

-ewy

ifjiD

dor

k frfFk

30&04

&20

1615

&05

&20

1822

&04

&20

1926

&04

&20

1911

&04

&20

2024

&10

&20

21

14-

tkjh drkZ d

h dk¡y

] iwo

Z i;Zo

s{kh;

vuqe

ksnu

dh 'krZ

ijA

th ug

hath ug

hath ug

hath ug

hath ug

hath gka

15-

v‚I'

kuy d

ky d

h frfFk]

vkd

fLed

dy frfFk ,

oa ekspu

jkf'k

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

24&06

&20

17] le

ewY;

ij e

kspu

16-

vkxkeh dky

dh frfFk;k¡]¼;fn

ykxw g

ks½ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

Punjab & Sind Bank


Tabl

e DF

13

– M

ain

feat

ures

of R

egul

ator

y Ca

pita

l Ins

trum

ents

Sr.

No

Disc

losu

re te

mpl

ate

for m

ain

feat

ures

of r

egul

ator

y ca

pita

l in

stru

men

ts

Serie

s- V

III=

150

cror

e Se

ries-

IX=

100

cror

e Se

ries-

X =

400

cror

e Se

ries-

XI =

175

cro

re

Serie

s - X

II =2

00

cror

e SE

RIES

- XIII

=30

0 cr

ore

1Is

suer

Punj

ab &

Sin

d Ba

nkPu

njab

& S

ind

Bank

Punj

ab &

Sin

d Ba

nkPu

njab

& S

ind

Bank

Punj

ab &

Sin

d Ba

nkPu

njab

& S

ind

Bank

2U

niqu

e id

entifi

er (e

.g. C

USI

P,

ISIN

or B

loom

berg

iden

tifier

for

priv

ate

plac

emen

t)IN

E608

A090

72IN

E608

A090

80IN

E608

A090

98IN

E608

A091

14IN

E608

A091

22IN

E608

A091

30

3Go

vern

ing

law

(s) o

f the

in

stru

men

t

Secu

ities

Con

trac

t Re

gula

tion

Act 1

956,

Co

mpa

nies

Act

195

6,

Bank

ing

com

pani

es(

acqu

isitio

n an

d tr

ansf

er o

f un

dert

akin

gs )

act

1970

, Dep

osito

ries

Act 1

996,

GO

I, RB

I, SE

BI, C

once

rned

Sto

ck

Exch

ange

s.pro

visio

ns

cont

aine

d in

ann

exur

e C

and/

or a

nnex

ure

D to

the

com

pani

es (

Cent

ral G

over

nmen

t's

) Gen

eral

rule

s and

fo

rms 1

956.

Secu

ities

Con

tract

Re

gula

tion

Act 1

956,

Co

mpa

nies

Act

195

6,

Bank

ing

com

pani

es(

acqu

isitio

n an

d tra

nsfe

r of

unde

rtak

ings

) ac

t 19

80, D

epos

itorie

s Ac

t 199

6, G

OI, R

BI,

SEBI

, Con

cern

ed S

tock

Ex

chan

ges.

.pro

visio

ns

cont

aine

d in

ann

exur

e C

and/

or a

nnex

ure

D to

the

com

pani

es (

Cent

ral G

over

nmen

t's

) Gen

eral

rule

s and

fo

rms 1

956.

Secu

ities

Con

tract

Re

gula

tion

Act 1

956,

Co

mpa

nies

Act

195

6,

Bank

ing

com

pani

es(

acqu

isitio

n an

d tra

nsfe

r of

unde

rtak

ings

) ac

t 19

80, D

epos

itorie

s Ac

t 199

6, G

OI, R

BI,

SEBI

, Con

cern

ed S

tock

Ex

chan

ges.

.pro

visio

ns

cont

aine

d in

ann

exur

e C

and/

or a

nnex

ure

D to

the

com

pani

es (

Cent

ral G

over

nmen

t's

) Gen

eral

rule

s and

fo

rms 1

956.

Secu

ities

Con

tract

Re

gula

tion

Act 1

956,

Co

mpa

nies

Act

195

6,

Bank

ing

com

pani

es(

acqu

isitio

n an

d tra

nsfe

r of

unde

rtak

ings

) ac

t 19

80, D

epos

itorie

s Ac

t 199

6, G

OI, R

BI,

SEBI

, Con

cern

ed S

tock

Ex

chan

ges.

.pro

visio

ns

cont

aine

d in

ann

exur

e C

and/

or a

nnex

ure

D to

the

com

pani

es (

Cent

ral G

over

nmen

t's

) Gen

eral

rule

s and

fo

rms 1

956.

Secu

ities

Con

tract

Re

gula

tion

Act 1

956,

Co

mpa

nies

Act

195

6,

Bank

ing

com

pani

es(

acqu

isitio

n an

d tra

nsfe

r of

unde

rtak

ings

) ac

t 19

80, D

epos

itorie

s Ac

t 199

6, G

OI, R

BI,

SEBI

, Con

cern

ed S

tock

Ex

chan

ges.

.pro

visio

ns

cont

aine

d in

ann

exur

e C

and/

or a

nnex

ure

D to

the

com

pani

es (

Cent

ral G

over

nmen

t's

) Gen

eral

rule

s and

fo

rms 1

956.

Secu

ities

Con

trac

t Re

gula

tion

Act 1

956,

Co

mpa

nies

Act

195

6,

Bank

ing

com

pani

es(

acqu

isitio

n an

d tr

ansf

er o

f un

dert

akin

gs )

act

1980

, Dep

osito

ries

Act 1

996,

GO

I, RB

I, SE

BI, C

once

rned

Sto

ck

Exch

ange

s.pro

visio

ns

cont

aine

d in

ann

exur

e C

and/

or a

nnex

ure

D to

the

com

pani

es (

Cent

ral G

over

nmen

t's

) Gen

eral

rule

s and

fo

rms 1

956.

Re

gula

tory

trea

tmen

t

4Tr

ansiti

onal

Bas

el II

I rul

esTi

er II

Tier

IITi

er II

Tier

IITi

er II

Tier

II

5Po

st-tr

ansiti

onal

Bas

el II

I rul

esTi

er II

Tier

IITi

er II

Tier

IITi

er II

Tier

II

6Eli

gible

at so

lo/gr

oup/

grou

p & so

loSo

loSo

loSo

loSo

loSo

loSo

lo

7In

stru

men

t typ

eTi

er II

deb

t in

stru

men

tsTi

er II

deb

t in

stru

men

tsTi

er II

deb

t in

stru

men

tsTi

er II

deb

t in

stru

men

tsTi

er II

deb

t in

stru

men

tsTi

er II

deb

t in

stru

men

ts

8Am

ount

reco

gnise

d in

regu

lato

ry

capi

tal (

Rs. i

n Cr

ores

Rs 3

0 Cr

ores

Rs 5

4 Cr

ores

Rs 2

56 C

rore

sRs

112

Cro

res

Rs 1

40 C

rore

sRs

210

Cro

res

9Pa

r val

ue o

f ins

trum

ent

Rs. 1

0000

00Rs

. 100

0000

Rs. 1

0000

00Rs

. 100

0000

Rs. 1

0000

00Rs

. 100

0000

10Ac

coun

ting

clas

sifica

tion

Liab

ility

(Bor

row

ing)

Liab

ility

(Bor

row

ing)

Liab

ility

(Bor

row

ing)

Liab

ility

(Bor

row

ing)

Liab

ility

(Bor

row

ing)

Liab

ility

(Bor

row

ing)

11O

rigin

al d

ate

of is

suan

ce31

.07.

2006

15.0

2.20

0822

.09.

2008

26.0

6.20

0911

.01.

2010

24.0

6.20

11

12Pe

rpet

ual o

r dat

edDa

ted

Date

dDa

ted

Date

dDa

ted

Date

d

13O

rigin

al m

atur

ity d

ate

30.0

4.20

1615

.05.

2018

22.0

4.20

1926

.04.

2019

11.0

4.20

2024

.10.

2021

14Is

suer

cal

l sub

ject

to p

rior

supe

rviso

ry a

ppro

val

No

No

No

No

No

Yes

15Op

tiona

l cal

l dat

e, co

nting

ent c

all

date

s and

rede

mpti

on a

mou

ntN

AN

AN

AN

AN

A24

.06.

2017

re

dem

tion

at p

ar

16Su

bseq

uent

cal

l dat

es, i

f ap

plic

able

NA

NA

NA

NA

NA

NA

iatkc ,.M fla/ cSad


dwiu

@ykHkka"k

17-

fu/kkZfjr

vFkok i

fjor

Zuh;

ykHkka'k@

dwiu

fu/kkZfjr

fu/kkZfjr

fu/kkZfjr

fu/kkZfjr

fu/kkZfjr

fu/kkZfjr

18-

dwiu

nj ,o

a vU;

lacaf/kr

lwpdkad

9-25

%9-10

%11

-05%

8-70

%8-70

%9-73

%

19-

ykHkka'k jks/kd

dh O;kfIr

th ug

hath ug

hath ug

hath ug

hath ug

hath ug

ha

20-

iw.kZr% foosd

kuqlkj] vkaf'

kd

foosd

kuqlkj v

Fkok v

fuok;Z

vfuok;Z

vfuok;Z

vfuok;Z

vfuok;Z

vfuok;Z

vfuok;Z

21-

LVsi&

vi

dh O;kfIr

vFkok e

kspu

gsrq v

U; ç

ksRlkgu

th ug

hath ug

hath ug

hath ug

hath ug

hath ug

ha

22-

vlap;h v

Fkok l

ap;h

xSj lap;h

xSj lap;h

xSj lap;h

xSj lap;h

xSj lap;h

xSj lap;h

23-

ifjo

rZuh; v

Fkok v

ifjo

rZuh;

vifjo

rZuh;

vifjo

rZuh;

vifjo

rZuh;

vifjo

rZuh;

vifjo

rZuh;

vifjo

rZuh;

24-

;fn

ifjo

rZuh; g

S rks ifjo

rZu

gsrq fVªx

j¼,l

½ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

25-

;fn

ifjo

rZuh; g

S rks iw.

kZr%

vFkok v

kaf'kd

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

26-

;fn

ifjo

rZuh; g

S rks ifjo

rZu n

j ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

27-

;fn

ifjo

rZuh; g

S rks ifjo

rZu

vfuok;Z

gS vFkok o

SdfYid

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

28-

;fn

ifjo

rZuh; g

S rks fd

l

fy[kr

esa ifjo

rZuh; g

S mldk

çdkj fofuZfn"V

djsa

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

29-

;fn

ifjo

rZuh; g

S rks ifjo

rZu

fd,

tkus o

kys fy[kr

ds

tkjhd

rkZ d

ks fofuZfn"V d

jsaAykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

30-

voy

s[ku

ds y

{k.k

th ug

hath ug

hath ug

hath ug

hath ug

hath ug

ha

31-

voy

s[ku

dh n'

kk esa

voy

s[ku

ds fVªx

jykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

32-

voy

s[ku

dh n'

kk esa

iw.kZr% vFkok

vkaf'

kdykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

33-

voy

s[ku

dh n'

kk esa

LFkk;

h gSa

vFkok v

LFkk;

hykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

34-

;fn

vLFkk;

h voy

s[ku

gSa rks

vky

s[ku

ra= d

k fooj

.kykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

ykxw u

gha

35-

ifjl

ekiu

dh n'

kk esa

çfrL

Fkkiu

inØe

dh fLFkfr

¼fy[kr

dk çd

kj ¼bl

fy[kr

ds

,dne

vkxs d

s fy[kr

ds ç

dkj

dks fofuZfn"V d

jsaA½

vlqjf{kr

ns;rk

¼tekdrkZ r

Fkk lkekU;

ysun

kj½

vlqjf{kr

ns;rk

¼tekdrkZ r

Fkk lkekU;

ysun

kj½

vlqjf{kr

ns;rk

¼tekdrkZ r

Fkk lkekU;

ysun

kj½

vlqjf{kr

ns;rk

¼tekdrkZ r

Fkk lkekU;

ysun

kj½

vlqjf{kr

ns;rk

¼tekdrkZ r

Fkk lkekU;

ysun

kj½

vlqjf{kr

ns;rk

¼tekdrkZ r

Fkk lkekU;

ysun

kj½

36-

laØe.

kdky

hu v

uuqikyu

Lo:i

th gk¡

th gk¡

th gk¡

th gk¡

th gk¡

th gk¡

37-

;fn

gk¡ r

ks vuu

qikyu

dk Lo

:i

fofgr

djsaA

vO;og

k;Zrk d

h lhek

rFkk

mä m

fYyf[kr

ck.M

dh ifji

Dork

10 o

"kksaZ l

s de

vO;og

k;Zrk d

h lhek

vO;og

k;Zrk d

h lhek

vO;og

k;Zrk d

h lhek

rFkk

mä m

fYyf[kr

ck.M

dh ifji

Dork

10 o

"kksaZ l

s de

vO;og

k;Zrk d

h lhek

vO;og

k;Zrk d

h lhek

Punjab & Sind Bank


Co

upon

s / d

ivid

ends

17Fi

xed

or fl

oatin

g di

vide

nd/c

oupo

nFi

xed

Fixe

dFi

xed

Fixe

dFi

xed

Fixe

d

18Co

upon

rate

and

any

rela

ted

inde

x9.

25%

9.10

%11

.05%

8.70

%8.

70%

9.73

%

19Ex

isten

ce o

f a d

ivid

end

stop

per

No

No

No

No

No

No

20Fu

lly d

iscre

tiona

ry, p

artia

lly

disc

retio

nary

or m

anda

tory

Man

dato

ryM

anda

tory

Man

dato

ryM

anda

tory

Man

dato

ryM

anda

tory

21Ex

isten

ce o

f ste

p up

or o

ther

in

centi

ve to

rede

emN

oN

oN

oN

oN

oN

o

22N

oncu

mul

ative

or c

umul

ative

Non

cum

ulati

veN

oncu

mul

ative

Non

cum

ulati

veN

oncu

mul

ative

Non

cum

ulati

veN

oncu

mul

ative

23Co

nver

tible

or n

on-c

onve

rtibl

eN

onco

nver

tible

Non

conv

ertib

leN

onco

nver

tible

Non

conv

ertib

leN

onco

nver

tible

Non

conv

ertib

le

24If

conv

ertib

le, c

onve

rsio

n tri

gger

(s)N

AN

AN

AN

AN

AN

A

25If

conv

ertib

le, f

ully

or p

artia

llyN

AN

AN

AN

AN

AN

A

26If

conv

ertib

le, c

onve

rsio

n ra

teN

AN

AN

AN

AN

AN

A

27If

conv

ertib

le, m

anda

tory

or

optio

nal c

onve

rsio

nN

AN

AN

AN

AN

AN

A

28If

conv

ertib

le, s

pecif

y ins

trum

ent

type

conv

ertib

le in

toN

AN

AN

AN

AN

AN

A

29If

conv

ertib

le, s

peci

fy is

suer

of

inst

rum

ent i

t con

vert

s int

oN

AN

AN

AN

AN

AN

A

30W

rite-

dow

n fe

atur

eN

ON

ON

ON

ON

ON

O

31If

write

-dow

n, w

rite-

down

trigg

er(s)

NA

NA

NA

NA

NA

NA

32If

writ

e-do

wn,

full

or p

artia

lN

AN

AN

AN

AN

AN

A

33If

writ

e-do

wn,

per

man

ent o

r te

mpo

rary

NA

NA

NA

NA

NA

NA

34If

tem

pora

ry w

rite-

dow

n,

desc

riptio

n of

writ

e-up

m

echa

nism

NA

NA

NA

NA

NA

NA

35

Positi

on in

subo

rdin

ation

hi

erar

chy

in li

quid

ation

(spe

cify

in

stru

men

t typ

e im

med

iate

ly

seni

or to

inst

rum

ent)

UN

SECU

RED

LIAB

ILIT

IES

(dep

osito

rs &

ge

nera

l cre

dito

rs))

UN

SECU

RED

LIAB

ILIT

IES

(dep

osito

rs &

ge

nera

l cre

dito

rs))

UN

SECU

RED

LIAB

ILIT

IES

(dep

osito

rs &

ge

nera

l cre

dito

rs))

UN

SECU

RED

LIAB

ILIT

IES

(dep

osito

rs &

ge

nera

l cre

dito

rs))

UN

SECU

RED

LIAB

ILIT

IES

(dep

osito

rs &

ge

nera

l cre

dito

rs))

UN

SECU

RED

LIAB

ILIT

IES

(dep

osito

rs &

ge

nera

l cre

edito

rs))

36N

on-c

ompl

iant

tran

sition

ed

feat

ures

YES

YES

YES

YES

YES

YES

37If

yes,

spec

ify n

on-c

ompl

iant

fe

atur

es

Poin

t of n

on-v

iabi

lity

and

mat

urity

of t

he

abov

e m

entio

ned

bond

is

less

than

10

year

s.

Poin

t of n

on-v

iabi

lity.

Poin

t of n

on-v

iabi

lity.

Poin

t of n

on-v

iabi

lity

and

mat

urity

of t

he

abov

e m

entio

ned

bond

is

less

than

10

year

s.

Poin

t of n

on-v

iabi

lity.

Poin

t of n

on-v

iabi

lity.

iatkc ,.M fla/ cSad


rkfydk Mh&,Q&14 & fofu;ked iwath fy[kr ds iw.kZ fu;e ,oa 'krsaZ

1& ck.M fuxZeu & VIII 150 djksM+ :i,

iatkc ,.M fla/k cSad dqy 100 djksM+ :i;ksa ¼vR;fHknku dh jkf'k j[kus ds fodYi ds lkFk½ ds vlqjf{kr vifjorZuh; çfrns; lcksZfMusVsM ck.M ¼lhjht&VIII½ ds va'knku gsrq is'kd'k vkeaf=r djrk gS tks fd çR;sd 10]00]000@& :i;ksa ds udn leewY; ij opu i= ds :i esa gSA

;s ck.M cSafdax daiuh ¼vf/kxzg.k ,oa miØeksa dk varj.k½ vf/kfu;e] 1970] daiuh vf/kfu;e] 1956] çfrHkwfr lafonk fu;eu vf/kfu;e] 1956 ds mica/kksa] bl lwpuk Kkiu dh 'krkZsa] vkosnu i= esa mfYyf[kr vuqns'kksa rFkk U;klh le>kSrk rFkk ck.M VªLV MhM esa 'kkfey fd, tkus okys vU; fu;eksa ,oa 'krkZsa ds v/;k/khu gSA ,sls fu;e ,oa 'krkZsa ds vfrfjä] ;s ck.M fMi‚ftVjh vf/kfu;e] 1996 ds vuqç;ksT; mica/kksa rFkk ;Fkk vuqç;ksT; fo/kkuksa] fn'kk&funsZ'kks] vf/klwpukvksa ,oa vkcaVu rFkk iwath tkjh djus rFkk Hkkjr ljdkj] Hkkjrh; fjt+oZ cSad] Hkkjrh; çfrHkwfr ,oa fofu;e cksMZ ¼lsch½] lacaf/kr LV‚d ,Dlpsat vFkok vU; çkf/kdj.kksa }kjk le;≤ ij tkjh çfrHkwfr;ksa dks lwphc) djus ls lacaf/kr fofu;eksa ,oa ck.M ds laca/k esa rS;kj fd, tkus okys vU; nLrkotksa ds Hkh v/;k/khu gksaxsA

ck.Mksa dh ç—fr ,oa vofLFkfr

;s ck.M vlqjf{kr vifjorZuh; çfrns; lcksZfMusVsM ck.M ¼lhjht&VIII½ ds :i esa rFkk opui=ksa ds :i esa fuxZr fd, tkus gSaA bu ckaMksa esa cSad ds çR;{k] vlqjf{kr ,oa xkS.k nkf;Ro 'kkfey gksaxs tks cSad ds orZeku@Hkfo"; esa tkjh gksus okys xkS.k _.kksa ds led{k gksaxs rFkk cSad ds vU; lHkh _.k/kkjdksa ,oa tekdrkZvksa dks fd, tkus okys ewy/ku rFkk C;kt ds iqu% Hkqxrku ds nkoksa ds ckn ns; gksaxsA ;s ck.M fdlh çfrca/kkRed /kkjkvksa ls eqä gksaxs rFkk ;s /kkjd ds ç;kl ek= rFkk fcuk Hkkjrh; fjt+oZ cSad dh vuqefr ds çfrns; ugha gksaxsA

,d utj esa fy[kr rFkk tkjh djus dk fooj.k

fuxZe dk vkdkj :i, 100-00 djksM+ ¼vR;fHknku dh jkf'kj[kus ds fodYi ds lkFk½fuxZe dk mís';Z cSad dh iwath i;kZIrrk dks lq–<+ djus ,oa nh?kZdkyhu lalk/kuksa dks c<+kus gsrq fV;j&II iwath esa vfHko`f) djukAfy[kr opu i= ds :i esa vlqjf{kr vifjorZuh; çfrns; lcksZfMusVsM ck.M ¼lhjht&VIII½fy[kr dk :i MhesV QkeZ esa ØsfMV jsafVax fØfly }kjk ^^fØfly ,-,-** rFkk bØk **vkbZ-lh-vkj-,-** }kjk ^^vkbZ-lhvkj-, ,-,** vafdr ewY; 10]00]000@& çfr ck.MfuxZe ewY; leewY; ij ¼vFkkZR k~ 10]00]000& çfr ck.M½U;wure vkosnu 1 ck.M vkSj mlds ckn 1 ck.M ds xq.kdksa esadk;Zdky 117 ekgiqV ,o dky fodYi dksbZ ughaçfrns;rk

ifjiDDork

le ewY; ij&vkcaVu dh ekuh xbZ frfFk ls 117 eghuksa ds var esa

dwiu nj¼# çfr o"kZ½ 9-25%C;kt ns;rk okf"kZd &15 ebZ dks fyfLVax çLrkfor&us'kuy LV‚d ,Dlpsat fyfeVsM ¼,u-,l-bZ½ ij U;klh cSad dh vksj ls vkbZ-Mh-ch-vkbZ- VªLVhf'ki lfoZlst fyfeVsM dks ck.M ds /kkjd¼dksa½ dh vksj ls dk;Z djus ds

fy, crkSj U;klh fu;qä fd;k x;kAvkosnu jkf'kij C;kt* dwiu nj ij&pSd@fMekaM Mªk¶V dh olwyh gksus dh frfFk ls vkcaVu dh ekuh xbZ frfFk ds ,d fnu

iwoZ rd A

*lzkSr ij ykxw dj dVkSrh ds v/khuA

Punjab & Sind Bank


Table DF 14 –Full Terma & Conditions of Regulatory Capital Instruments

1. BOND ISSUE – VIII RS. 150 CRORE

Punjab & Sind Bank is seeking offer for subscription of Unsecured Redeemable Non-Convertible Subordinated Bonds (Series-VIII) in the nature of Promissory Notes of Rs. 10,00,000/- each for cash at par aggregating to Rs. 100.00 crores with an option to retain oversubscription.

The Bonds offered are subject to provisions of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970, the Companies Act, 1956, Securities Contract Regulation Act, 1956, terms of this Information Memorandum, Instructions contained in the Application Form and other terms and conditions as may be incorporated in the Trustee Agreement and Bond Trust Deed. Over and above such terms and conditions, the Bonds shall also be subject to the applicable provisions of the Depositories Act, 1996 and the laws as applicable, guidelines, notifications and regulations relating to the allotment & issue of capital and listing of securities issued from time to time by the Government of India (GoI), Reserve Bank of India (RBI), Securities & Exchange Board of India (SEBI), concerned Stock Exchange(s) or any other authorities and other documents that may be executed in respect of the Bonds.

NATURE & STATUS OF THE BONDS

The Bonds are to be issued in the form of Unsecured Redeemable Non-Convertible Subordinated Bonds (Series-VIII) in the nature of Promissory Notes. The Bonds will constitute direct, unsecured and subordinated obligations of the Bank, ranking pari passu with the existing/ future subordinated debt of the Bank and subordinated to the claims of all other creditors and depositors of the Bank as regards repayment of principal and interest by the Bank. The Bonds shall be free of any restrictive clauses and shall not be redeemable at the initiative of the holder and without the consent of the Reserve Bank of India (RBI).

INSTRUMENT & ISSUE DETAILS AT A GLANCE

Issue Size Rs. 100.00 crores with an option of retain oversubscriptionIssue Objects Augmenting the Tier-II Capital for strengthening the Capital Adequacy and enhancing long term

resources of the BankInstrument Unsecured Redeemable Non-Convertible Subordinated Bonds (Series-VIII) in the nature of

Promissory NotesInstrument Form In Dematerialised FormCredit Rating “CRISIL AA" by CRISIL and “ICRA AA” by ICRAFace Value Rs. 10,00,000/- per BondIssue Price At par (i.e. Rs. 10,00,000/- per Bond)Minimum Application 1 Bonds and in multiples of 1 Bonds thereafterTenure 117 monthsPut & Call Option NoneRedemption/ Maturity At par at the end of 117 Months from the Deemed Date of AllotmentCoupon Rate (% p.a.) * 9.25% p.a.Interest Payment Annually on May 15thListing Proposed on the National Stock Exchange of India Limited (NSE)Trustee IDBI Trusteeship Services Limited has been appointed by the Bank to act as Trustees for and on

behalf of the holder(s) of the BondsInterest on Application Money * At the coupon rate from the date of realisation of cheque(s)/ demand draft(s) upto one day prior

to the Deemed Date of Allotment

* subject to deduction of tax at source, as applicable.

iatkc ,.M fla/ cSad


2&ck.M fuxZeu & IX 100 djksM+ :i,

orZeku fuxZe dh 'krsZa

iatkc ,.M fla/k cSad dqy 100 djksM+ :i;ksa ds vlqjf{kr vifjorZuh; çfrns; lcksZfMusVsM ck.M ¼lhjht&IX½ ds va'knku gsrq is'kd'k vkeaf=r djrk gS tks fd çR;sd 10]00]000@-:i;ksa ds udn leewY; ij opu i= ds :i esa gSA ;s ck.M cSafdax daiuh ¼ vf/kxzg.k ,oa miØeksa dk varj.k ½ vf/kfu;e] 1970] daiuh vf/kfu;e] 1956] çfrHkwfr lafonk fu;eu vf/kfu;e] 1956 ds mica/kksa] bl lwpuk Kkiu dh 'krkZsa] vkosnu i= esa mfYyf[kr vuqns'kksa rFkk U;klh le>kSrk rFkk ck.M VªLV MhM esa 'kkfey fd, tkus okys vU; fu;eksa ,oa 'krkZsa ds v/;k/khu gSA ,sls fu;e ,oa 'krkZsa ds vfrfjä] ;s ck.M fMi‚ftVjh vf/kfu;e] 1996 ds vuqç;ksT; mica/kksa rFkk ;Fkk vuqç;ksT; fo/kkuksa] fn'kk&funsZ'kks] vf/klwpukvksa ,oa vkcaVu rFkk iwath tkjh djus rFkk Hkkjr ljdkj] Hkkjrh; fjt+oZ cSad] Hkkjrh; çfrHkwfr ,oa fofu;e cksMZ ¼lsch½] lacaf/kr LV‚d ,Dlpsat vFkok vU; çkf/kdj.kksa }kjk le;≤ ij tkjh çfrHkwfr;ksa dks lwphc) djus ls lacaf/kr fofu;eksa ,oa ck.M ds laca/k esa rS;kj fd, tkus okys vU; nLrkotksa ds Hkh v/;k/khu gksaxsA ck.Mksa dh ç—fr ,oa vofLFkfr;s ck.M vlqjf{kr vifjorZuh; çfrns; lcksZfMusVsM ck.M ¼lhjht&IX½ ds :i esa rFkk opui=ksa ds :i esa fuxZr fd, tkus gSaA bu ckaMksa esa cSad ds çR;{k] vlqjf{kr ,oa xkS.k nkf;Ro 'kkfey gksaxs tks cSad ds orZeku@Hkfo"; esa tkjh gksus okys xkS.k _.kksa ds led{k gksaxs rFkk cSad ds vU; lHkh _.k/kkjdksa ,oa tekdrkZvksa dks fd, tkus okys ewy/ku rFkk C;kt ds iqu% Hkqxrku ds nkoksa ds ckn ns; gksaxsA ;s ck.M fdlh çfrca/kkRed /kkjkvksa ls eqä gksaxs rFkk ;s /kkjd ds ç;kl ek= rFkk fcuk Hkkjrh; fjt+oZ cSad dh vuqefr ds çfrns; ugha gksaxs

fuxZe dk mís';cSad ds fV;j&II iwath esa o`f) ds fy, orZeku ck.Mksa dks tkjh fd;k tk jgk gS rkfd cSad dh iwathxr i;kZIrrk lq–<+ gks lds vkSj cSad ds nh?kkZof/kd lalk/kuksa dks c<+k;k tk ldsA orZeku fuxZe ij gksus okys O;; dk ogu cSad }kjk fd;k tk,xkA ftu xfrfof/k;ksa dks djus ds fy, orZeku fuxZe ds ek/;e ls fuf/k;k¡ l`ftr dh tk jgh gSa muds fy, ,oa cSad }kjk fuxZe dh frfFk rd dh tk jgh xfrfof/k;ksa ds fy, cSad ds laLFkkiu çys[k dk eq[; mís'; [kaM lkeF;Z çnku djrk gSA bl fuxZels tqVkbZ x;h /kujkf'k dk cSad }kjk viuh fu;fer O;olkf;d xfrfof/k;ksa ds fy, mi;ksx fd;k tk,xkA

fy[kr ,oa tkjh djus ds fooj.k ij ,d utj

fuxZe dk vkdkj 100 djksM+ :i,fuxZe dk mís'; cSad dh iwath i;kZIrrk dks lq–< djus ,oa nh?kZdkyhu lalk/kuksa dks c<+kus gsrq fV;j&II iwath esa vfHko`f) djuk Afy[kr opu i= ds :i esa vlqjf{kr vifjorZuh; çfrns; lcksZfMusVsM fV;j&II ck.M ¼lhjht &IX½fy[kr dk :i MhesV Q‚eZ esa ØsfMV jsfVax bØk **vkbZ-lh-vkj-,-** }kjk ^^vkbZ-lhvkj-, ,-,** rFkk fØfly }kjk ^^fØfly ,-,-**vafdr ewY; 10]00]000@- çfr ck.MfuxZe ewY; le ewY; ij ¼vFkkZR k~ 10]00]000@- çfr ck.M½U;wure vfHknku 1 ck.M vkSj mlds ckn 1 ck.M ds xq.kdksa esavof/k 10 o"kZ rFkk 3 eghus ¼123 eghus½iqV ,o dky fodYi dksbZ ughaçfrns;rk le ewY; ij &vkcaVu dh ekuh xbZ frfFk ls 10 o"kZ rFkk 3 eghus ds var esaA dwiu nj* 9-10% çfr o"kZC;kt Hkqxrku v/kZ&okf"kZdC;kt Hkqxrku dh frfFk;ka çR;sd o"kZ dh 15 ebZ rFkk 15 uoEcj fyfLVax çLrkfor& us'kuy LVkWd ,Dlpsat fyfeVsM¼,u&,l&bZ½ ds Fkksd _.k cktkj [kaM ¼MCy;w&Mh&,e&½ ijA U;klh cSad dh vksj ls vkbZ&Mh&ch&vkbZ& VªLVhf'ki lfoZlst fyfeVsM dks ck.M ds /kkjd¼dksa½ dh vksj ls dk;Z djus

ds fy, crkSj U;klh fu;qä fd;k x;kA vkosnu jkf'k ij C;kt* dwiu nj ij vFkkZR k~ 9-10% okf"kZd nj ls & pSd@fMekaM Mªk¶V@vkj-Vh-th-,l- dh olwyh gksus dh frfFk ls

vkcaVu dh ekuh xbZ frfFk ds ,d fnu iwoZ rd A


Punjab & Sind Bank


2. BOND ISSUE – IX RS. 100 CRORETERMS OF THE PRESENT ISSUEPunjab & Sind Bank is seeking offer for subscription of Unsecured Redeemable Non-Convertible Subordinated Tier-II Bonds (Series-IX) in the nature of Promissory Notes of Rs. 10,00,000/- each for cash at par aggregating to Rs. 100 crores. The Bonds offered are subject to provisions of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970, the Companies Act, 1956, Securities Contract Regulation Act, 1956, terms of this Information Memorandum, Instructions contained in the Application Form and other terms and conditions as may be incorporated in the Trustee Agreement and Bond Trust Deed. Over and above such terms and conditions, the Bonds shall also be subject to the applicable provisions of the Depositories Act, 1996 and the laws as applicable, guidelines, notifications and regulations relating to the allotment & issue of capital and listing of securities issued from time to time by the Government of India (GoI), Reserve Bank of India (RBI), Securities & Exchange Board of India (SEBI), concerned Stock Exchange or any other authorities and other documents that may be executed in respect of the Bonds. NATURE & STATUS OF THE BONDS The Bonds are to be issued in the form of Unsecured Redeemable Non-Convertible Subordinated Tier-II Bonds in the nature of Promissory Notes. The Bonds will constitute direct, unsecured and subordinated obligations of the Bank, ranking pari passu with the existing/ future subordinated debt of the Bank and subordinated to the claims of all other creditors and depositors of the Bank as regards payment of interest and repayment of principal by the Bank out of its own funds. The Bonds shall be free of any restrictive clauses and shall not be redeemable at the initiative of the holder or without the consent of the Reserve Bank of India (RBI).OBJECTS OF THE ISSUEThe present issue of bonds is being made for augmenting the Tier-II Capital of the Bank for strengthening its Capital Adequacy and for enhancing the long-term resources of the Bank. The expenses of the present issue would be borne by the Bank. The Main Object Clause of the Memorandum of Association of the Bank enables it to undertake the activities for which the funds are being raised through the present issue and also the activities which the Bank has been carrying on till date. The proceeds of this Issue would be used by the Bank for its regular business activities.INSTRUMENT & ISSUE DETAILS AT A GLANCE

Issue Size Rs. 100 croresIssue Objects Augmenting the Tier-II Capital for strengthening the Capital Adequacy and enhancing long term

resource base of the BankInstrument Unsecured Redeemable Non-Convertible Subordinated Tier-II Bonds in the nature of Promissory

Notes (Series-IX)Instrument Form In Dematerialised FormCredit Rating “ICRA AA” by ICRA and “CRISIL AA" by CRISIL Face Value Rs. 10,00,000/- per BondIssue Price At par (Rs. 10,00,000/- per Bond)Minimum Application 1 Bond and in multiples of 1 Bond thereafterTenure 10 Year and 3 Months ( 123 Months)Put & Call Option NoneRedemption At par at the end of 10 Year and 3 Months from the Deemed Date of Allotment Coupon Rate* 9.10% p.a.Interest Payment Semi-AnnualInterest Payment dates May 15 and November 15 each yearListing Proposed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of

India Limited (NSE)Trustee IDBI Trusteeship Services Limited (ITSL) has been appointed by the Bank to act as Trustees for and

on behalf of the holder(s) of the BondsInterest on Application Money *

At the coupon rate i.e. @ 9.10% p.a. from the date of realisation of cheque(s)/ demand draft(s)/ RTGS upto one day prior to the Deemed Date of Allotment


iatkc ,.M fla/ cSad


3& ck.M fuxZeu & X 400 djksM+ :i,

laf{kIr 'krZ rkfydk

tkjh drkZ iatkc ,.M fla/k cSad

fuxZe dk vkdkj :i, 400 djksM+

fy[kr opu i= ¼ck.Ml½ ds :i esa vlqjf{kr vifjorZuh; çfrns; lcksZfMusVsM fV;j&II ck.M~ ¼lhjht X½

tkjh djuk@Ø;&foØ; MhesV Q‚eZ esa

ØsfMV jsfVax bØk }kjk **vkbZ-lh-vkj-,-** rFkk ds;j }kjk ^^lh-,-vkj-,- ,-,-**

çfrHkwfr vlqjf{kr

vafdr ewY; 1000000@& çfr ck.M

fuxZe ewY; leewY; ij ¼vFkkZR k~ 1000000@& çfr ck.M½

çfrns;rk ewY; leewY; ij ¼vFkkZR k~ 1000000@& çfr ck.M½

U;wure vkosnu 1 ck.M vkSj mlds ckn 1 ck.M ds xq.kdksa esa

vof/k 127 eghus ¼10 o"kZ rFkk 7 ekg½

iqV ,o dky fodYi dksbZ ugha

çfrns;rk@ifjiDDork le ewY; ij &vkoaVu dh ekuh xbZ frfFk ls 127 eghuksa ¼10 o"kZ rFkk 7 ekg½ dh lekfIr ij ¼Hkkjrh; fjt+oZ cSad dh iwoZ Loh—fr ds lkFk½

çfrns;rk frfFk 15 vçSy] 2019

dwiu nj* 11-05 % okf"kZd

C;kt Hkqxrku okf"kZd

C;kt Hkqxrku frfFk;ka çR;sd o"kZ esa 15 ebZ

fyafLVax çLrkfor & us'kuy LVkWd ,Dlpsat fyfeVsM ¼,u-,l-bZ½ ds Fkksd _.k cktkj [kaM ¼MCy;w-Mh-,e-½

U;klh cSad dh vksj ls vkb-Mh-ch-vkbZ- VªLVf'ki lfoZlst fyfeVsM dks ck.M ds /kkjd¼dksa½ dh vksj ls dk;Z djus ds fy, crkSj U;klh fu;qä fd;k x;kA

fu{ksikxkj us'kuy LD;wfjVh fMiksft+Vjh fy& rFkk lsUVªy fMiksftVjh lZfolst ¼bafM;k½ fyfeVsM

iath;d ,e-lh-,l- fyfeVsM

vkosnu jkf'k ij C;kt* dwiu nj ij ¼vFkkZR k~ 11-05 % okf"kZd nj ls½ & pSd@fMekaM Mªk¶V@vkj-Vh-th-,l- dh olwyh gksus dh frfFk ls vkcaVu dh ekuh xbZ frfFk ds ,d fnu iwoZ rdA

fuiVku C;kt ds Hkqxrku rFkk ewy /ku dh vnk;xh pSd¼dksa½@C;kt@çfrns; okjaV¼l½@fMekaM Mªk¶V@vkj-Vh-th-,l- ç.kkyh ds ek/;e ls

vfHknku dh fof/k Þdsoy ,dkmaV isbZß js[kkafdr pSd¼dksa½@fMekaM Mªk¶V¼Vksa½ }kjk tks fd iatkc ,.M fla/k cSad ds i{k esa vkgrZ gksa vkSj çdVhdj.k çi= esa mfYyf[kr ukfer dsUæksa ij leewY; ij ns; gksa ;k fQj jkf'k dksvkj-Vh-th-,l- ra= ds ek/;e ls iatkc ,.M fla/k cSad vkj-Vh-th-,l- [kkrk esa eqacbZ ds fy, IFSC dwV la[;k "PSIB 0000385ß ij rFkk fnYyh ds fy, IFSC dwV la[;k ßPSIB 0000001ß ij bysDVª‚fuDl vUrj.k }kjk Hkstk tk ldrk gSA

fuxZe ds [kqyus dh frfFk^ 10-09-2008

fuxZe ds can gksus dh frfFk^ 12-09-2008

is&bu MsVl^ 10-09-2008 ls 12-09-2008

vkcaVu dh ekuh xbZ frfFk^ 15-09-2008

* lzkSr ij ykxw dj dVkSrh ds v/khu A

Punjab & Sind Bank


3. BOND ISSUE – X Rs. 400 CRORE

SUMMARY TERM SHEET

Issuer Punjab & Sind BankIssue Size Rs. 400 croresInstrument Unsecured Redeemable Non-Convertible Subordinated Tier-II Bonds (Series-X) in the nature of

Promissory Notes (“Bonds”)Issuance/ Trading In Dematerialized Form Credit Rating “ICRA AA” by ICRA and "CARE AA" by CARESecurity UnsecuredFace Value Rs. 10,00,000/- per BondIssue Price At par (Rs. 10,00,000/- per Bond)Redemption Price At par (Rs. 10,00,000/- per Bond)Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter Tenure 127 Months (10 Year 7 Months)Put & Call Option NoneRedemption/ Maturity At par at the end of 127 Months (10 Year 7 Months) from the Deemed Date of Allotment (with

prior approval from the Reserve Bank of India)Redemption Date April 15, 2019Coupon Rate * 11.05% p.a.Interest Payment AnnualInterest Payment Date 15th May of each year Listing Proposed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of

India Ltd. (NSE) Trustee IDBI Trusteeship Services Ltd. has been appointed by the Bank to act as Trustees for and on

behalf of the holder(s) of the Bonds Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd.Registrars MCS Ltd.Interest on Application Money *

At coupon rate (i.e. @ 11.05% p.a.) from the date of realization of cheque(s)/ demand draft(s)/ RTGS up to one day prior to the Deemed Date of Allotment

Settlement Payment of interest and repayment of principal shall be made by way of cheque(s)/ interest/ redemption warrant(s)/ demand draft(s)/ credit through RTGS system

Mode of Subscription Cheque(s) / demand draft(s) may be drawn in favour of “Punjab & Sind Bank" and crossed “Account Payee Only” payable at par at designated centers mentioned elsewhere in the Disclosure Document or by way of electronic transfer of funds through RTGS mechanism for credit in the account of “Punjab & Sind Bank RTGS Account” IFSC Code: “PSIB 0000385“ for Mumbai and “PSIB 0000001” for New Delhi

Issue Opens on ^ September 10, 2008Issue Closes on ^ September 12, 2008Pay-In Dates ^ September 10, 2008 to September 12, 2008Deemed Date of Allotment ^ September 15, 2008


iatkc ,.M fla/ cSad


* cSad ds ikl fuxZe esa la'kks/ku ¼iwoZ fu;kstu@LFkxu½ djus] [kksyus@can djus@Hkqxrku frfFk laca/kh viuk ,dy ,oa lEiw.kZ vf/kdkj lqjf{kr gS ftlesa cSad fcuk dksbZ dkj.k crk, vFkok iwoZ uksfVl ds ifjorZu dj ldrk gSA ,sls ekeyksa esa] cSad }kjk fuos'kdksa dks la'kksf/kr le; lkj.kh ls voxr djok;k tk,xkA cSad ds ikl fcuk fdlh uksfVl ds vkcaVu ds fy, ekuh tkus okyh ,d ls T;knk frfFk ¼;ks½ fu/kkZfjr djus dk Hkh ,dy ,oa lEiw.kZ vf/kdkj lqjf{kr gSA

4& ck.M fuxZeu&XI 175 djksM+ :i,

laf{kIr 'krZ rkfydk

fuxZe drkZ iatkc ,.M fla/k cSad


fuxZe dk mísÜz; cSad ds nh?kZdkyhu lalk/kuksa dks c<+kus rFkk iwath i;kZIrrk dks etcwr cukus ds fy, fV;j&II iwath dks c<+kukA

fy[kr opu i= ¼ck.Ml½ ds :i esa vlqjf{kr çfrns; vifjorZuh; lcksZfMusVsM fV;j&II ck.M~l ¼ljht XI½

fy[kr dh ç—fr ;g ck.M iw.kZ pqdrk] vlqjf{kr] vU; ysunkjksa ds nkoksa ds v/khuLFk] çfrca/kd [kaM ls eqä rFkk /kkjd dh igy vFkok Hkk-fj-cSa-dh lgefr ds fcuk çfrns; ugha gksxkA



çfrHkwfr vlqjf{kr


fuxZe ewY; le ewY; ij ¼vFkkZR k~ 1000000@& çfr ck.M½

ifjiDork ewY; le ewY; ij ¼vFkkZRk~ 1000000@& çfr ck.M½


vof/k 118 eghus ¼ 9 o"kZ rFkk 10 ekg½

iqV ,o dky fodYi dksbZ ugha

çfrns;rk@ifjiDDork le ewY; ij & vkoaVu dh ekuh xbZ frfFk ls 9 okZ rFkk 10 ekg ¼118 eghuksa½ds var esa ¼Hkkjrh; fjt+oZ cSad dh iwoZ Loh—fr ds lkFk½

çfrns;rk frfFk 26 vçSy] 2019

dwiu nj* 8-70 % okf"kZd nj ls


C;kt Hkqxrku frfFk;ka çR;sd o"kZ esa 15 ebZ rFkk vafre ifjiDork ij

fyfaLVx çLrkfor& us'kuy LVkWd ,Dlpsat fyfeVsM¼,u-,l-bZ-½ds Fkksd _.k cktkj [kaM ¼MCy;w-Mh-,e-½

U;klh vkbZ-Mh-ch-vkbZ- VªLVf'ki lfoZlst fyfeVsM

fu{ksikxkj us'kuy LD;wfjVh fMiksfLVjh fy- rFkk lsUVªy fMiksfLVjh lZfolt ¼bafM;k½ fyfeVsM


vkosnu jkf'kij C;kt* dwiu nj ij ¼vFkkZR k~ 8-70% okf"kZd nj ls½ & pSd@ fMekaM Mªk¶V@ vkj-Vh-th-,l- dh olwyh gksus dh frfFk ls vkcaVu dh ekuh xbZ frfFk ds ,d fnu iwoZ rdA

fuiVku C;kt ds Hkqxrku rFkk ewy /ku dh vnk;xh pSd¼dksa½@C;kt@çfrns; okjaV¼vks½@fMekaM Mªk¶V@vkj-Vh-th-,l-@ bZ-lh-,l- ç.kkyh ds ek/;e ls ØsfMV dh tk,xhA

Punjab & Sind Bank


^ The Bank reserves its sole and absolute right to modify (pre-pone/ postpone) the issue opening/ closing/ pay-in date(s) without giving any reasons or prior notice. In such a case, investors shall be intimated about the revised time schedule by the Bank. The Bank also reserves the right to keep multiple Deemed Date(s) of Allotment at its sole and absolute discretion without any notice.

4. BOND ISSUE – XI Rs. 175 CRORE

SUMMARY TERM SHEET

Issuer Punjab & Sind BankIssue Size Rs. 175 croresIssue Objects Augmenting Tier-II Capital for strengthening the Capital Adequacy and enhancing long term

resources of the Bank Instrument Unsecured Redeemable Non-Convertible Subordinated Lower Tier-II Bonds (Series-XI) in the

nature of Promissory Notes (“Bonds”)Nature of Instrument These Bonds shall be fully paid-up, unsecured, subordinated to the claims of other creditors, free

of restrictive clauses and shall not be redeemable at the initiative of the holder or without the consent of the RBI

Issuance/ Trading In Dematerialized Form Credit Rating “ICRA AA” by ICRA and "CARE AA" by CARESecurity UnsecuredFace Value Rs. 10,00,000/- per BondIssue Price At par (Rs. 10,00,000/- per Bond)Redemption Price At par (Rs. 10,00,000/- per Bond)Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter Tenure 9 Year 10 Months (118 Months)Put & Call Option NoneRedemption/ Maturity At par at the end of 9 Year 10 Months (118 Months) from the Deemed Date of Allotment (subject

to prior approval from RBI)Redemption Date April 26, 2019 (subject to prior approval from RBI)Coupon Rate * 8.70% p.a.Interest Payment AnnualInterest Payment Date On May 15, every year and on final maturityListing Proposed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of

India Ltd. (NSE)Trustee IDBI Trusteeship Services Ltd. Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd.Registrars MCS Ltd.Interest on Application Money *

At the coupon rate (i.e. @ 8.70% p.a) from the date of realization of cheque(s)/ demand draft(s)/ RTGS up to but excluding the Deemed Date of Allotment

Settlement Payment of interest and repayment of principal shall be made by way of cheque(s)/ interest/ redemption warrant(s)/ demand draft(s)/ credit through RTGS/ ECS system

iatkc ,.M fla/ cSad


vfHknku dh fof/k Þdsoy ,dkmaV isbZß js[kkafdr pSd¼dksa½@fMekaM Mªk¶V¼Vksa½ }kjk tks fd iatkc ,.M fla/k cSad ds i{k esa vkgrZ gksa vkSj çdVhdj.k çi= esa mfYyf[kr ukfer dsUæksa ij leewY; ij ns; gksa ;k fQj jkf'k dks vkj-Vh-th-,l ra= ds ek/;e ls iatkc ,.M fla/k cSad vkj-Vh-th-,l- [kkrk esa eqacbZ ds fy, IFSC dwV la[;k ßPSIB 0000385ß ij rFkk fnYyh ds fy, IFSC dwV la[;k ßPSIB 0000001ß ij bysDVª‚fuDl vUrj.k }kjk Hkstk tk ldrk gSA



is&bu MsVl^ 15-06-2009 ls 19-06-2009



*cSad ds ikl fuxZe esa la'kks/ku ¼iwoZ fu;kstu@LFkxu½ djus] [kksyus@can djus@Hkqxrku frfFk laca/kh viuk ,dy ,oa lEiw.kZ vf/kdkj lqjf{kr gS ftlesa cSad fcuk dksbZ dkj.k crk, vFkok iwoZ uksfVl ds ifjorZu dj ldrk gSA ,sls ekeyksa esa] cSad }kjk fuos'kdksa dks la'kksf/kr le; lkj.kh ls voxr djok;k tk,xkA cSad ds ikl fcuk fdlh uksfVl ds vkcaVu ds fy, ekuh tkus okyh ,d ls T;knk frfFk ¼;ks½ fu/kkZfjr djus dk Hkh ,dy ,oa lEiw.kZ vf/kdkj lqjf{kr gS A

5&ck.M fuxZeu&XII & 200 djksM+ :i,

laf{kIr 'krZ rkfydk

fuxZeZdrkZ iatkc ,.M fla/k cSad


fuxZe dk mís';Z cSad ds nh?kZdkyhu lalk/kuksa dks c<+kus rFkk iwath i;kZIrrk dks etcwr cukus ds fy, fV;j&II iwath dks c<+kukA

fy[kr opu i= ¼ck.Ml½ ds :i esa vlqjf{kr çfrns; vifjorZuh; lcksZfMusVsM&fV;j&II ck.M ¼ljht XII½

fy[kr dh ç—fr ;g ck.M iw.kZ pqdrk] vlqjf{kr] vU; ysunkjksa ds nkoksa ds v/khuLFk] çfrca/kd [kaM ls eqä rFkk /kkjd dh igy vFkok Hkk&fj&cSa&dh lgefr ds fcuk çfrns; ugha gksxkA

tkjh djuk/Ø;&foØ; MhesV Q‚eZ esa

ØsfMV jsfVax vkbZ-lh-vkj-,- }kjk ^^vkbZ-lh-vkj-, ,-,** fØfly }kjk ^^fØfly ,-,-**

çfrHkwfr vlqjf{kr


fuxZe ewY; le ewY; ij ¼vFkkZRk~ 1000000@& çfr ck.M½

çfrns; ewY; le ewY; ij ¼vFkkZR k~ 1000000@& çfr ck.M½


vof/k 123 eghus ¼10 o"kZ 3 eghus½

iqV fodYi dksbZ ugha

çfrns;rk@ifjiDork vkoaVu dh ekuh xbZ frfFk ls 10 o"kZ 3 eghusa ¼123 eghus½ ds var esa le ewY; ij ¼Hkkjrh; fjt+oZ cSad dh iwoZ Loh—fr ds lkFk½

ifjiDork frfFk 15-04-2020 ¼Hkkjrh; fjt+oZ cSad dh iwoZ Loh—fr ds lkFk½

dwiu nj* 8-70% okf"kZd nj ls



Punjab & Sind Bank



Issue Opens on ^ June 15, 2009Issue Closes on ^ June 19, 2009Pay-In Date ^ June 15, 2009 to June 19, 2009Deemed Date of Allotment ^ June 26, 2009



5. BOND ISSUE – XII Rs. 200 CRORE

VII. SUMMARY TERM SHEET

Issuer Punjab & Sind BankIssue Size Rs. 200 croresIssue Objects Augmenting Tier-II Capital for strengthening the Capital Adequacy and enhancing long term

resources of the Bank Instrument Unsecured Redeemable Non-Convertible Subordinated Lower Tier-II Bonds (Series-XII) in the



Issuance/ Trading In Dematerialized Form Credit Rating “ICRA AA” by ICRA and “CRISIL AA" by CRISILSecurity UnsecuredFace Value Rs. 10,00,000/- per BondIssue Price At par (Rs. 10,00,000/- per Bond)Redemption Price At par (Rs. 10,00,000/- per Bond)Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter Tenure 10 Year 3 Months (123 Months)Put & Call Option NoneRedemption/ Maturity At par at the end of 10 Years 3 Months (123 Months) from the Deemed Date of Allotment (subject

to prior approval from RBI)Redemption Date April 15, 2020 (subject to prior approval from RBI)Coupon Rate * 8.70% p.a.Interest Payment AnnualInterest Payment Date On May 15, every year and on final maturity

iatkc ,.M fla/ cSad


fyafLVax çLrkfor& us'kuy LVkWd ,Dlpsat fyfeVsM ¼,u&,l&bZ½ ds Fkksd _.k cktkj [kaM¼MCy;w&Mh&,e&½


fu{ksikxkj us'kuy LD;wfjVh fMiksfLVjh fy& rFkk lsUVªy fMiksfLVjh lfoZlst ¼bafM;k½ fyfeVsM

iath;d ,e&lh&,l& fyfeVsM

vkosnu jkf'kij C;kt* dwiu nj ij ¼vFkkZR 8-70% lfoZlst nj ls½ & pSd@fMekaM Mªk¶V@vkj&Vh&th&,l& dh olwyh gksus dh frfFk ls vkcaVu dh ekuh xbZ frfFk ds ,d fnu iwoZ rdA

fuiVku C;kt ds Hkqxrku rFkk ewy /ku dh vnk;xh pSd¼dksa½@ C;kt@çfrns; okjaV¼l½ @fMekaM Mªk¶V@vkj&Vh&th&,l& ç.kkyh@bZ-lh-,l- ç.kkyh ds ek/;e lsA

vfHknku dh fof/k Þdsoy ,dkmaV isbZß js[kkafdr pSd¼dksa½@fMekaM Mªk¶V¼Vksa½ }kjk tks fd iatkc ,.M fla/k cSad ds i{k esa vkgrZ gksa vkSj çdVhdj.k çi= esa mfYyf[kr ukfer dsUæksa ij leewY; ij ns; gksa ;k fQj jkf'k dks vkj-Vh-th-,l- ra= ds ek/;e ls iatkc ,.M fla/k cSad vkj-Vh-th-,l- [kkrk esa eqacbZ ds fy, IFSC dwV la[;k ßPSIB 0000385ß ij rFkk fnYyh ds fy, IFSC dwV la[;k ßPSIB 0000001ß ij bysDVª‚fuDl vUrj.k }kjk Hkstk tk ldrk gSA



is&bu MsVl^ 06-01-2010 ls 13-01-2010


*LzkSr ij ykxw dj dVkSrh ds v/khuA

*cSad ds ikl fuxZe esa la'kks/ku ¼iwoZ fu;kstu@LFkxu½ djus] [kksyus@can djus@Hkqxrku frfFk laca/kh viuk ,dy ,oa lEiw.kZ vf/kdkj lqjf{kr gS ftlesa cSad fcuk dksbZ dkj.k vFkok iwoZ uksfVl ds ifjorZu dj ldrk gSA ,sls ekeyksa esa] cSad }kjk fuos'kdksa dks la'kksf/kr le; lkj.kh ls voxr djok;k tk,xkA cSad ds ikl fcuk fdlh uksfVl ds vkcaVu ds fy, ekuh tkus okyh ,d ls T;knk frfFk;k¡ fu/kkZfjr djus dk Hkh ,dy ,oa lEiw.kZ vf/kdkj lqjf{kr gS A

6&ck.M fuxZeu&XIII 300 djksM+ :i,

laf{kIr 'krZ rkfydk

fuxZedrkZ iatkc ,.M fla/k cSad


fuxZe dk mís';Z cSad ds nh?kZdkyhu lalk/kuksa dks c<+kus rFkk iwath i;kZIrrk dks etcwr cukus ds fy, fV;j&II iwath dks c<+kukA

fy[kr opu i= ¼ck.M½ ds :i esa vlqjf{kr çfrns; vifjorZuh; lcksZfMusVsM&fV;j&II ck.M ¼ljht XIII½

fy[kr dh ç—fr ;g ck.M iw.kZ pqdrk] vlqjf{kr] vU; ysunkjksa ds nkoksa ds v/khuLFk] çfrca/kd [kaM ls eqä rFkk /kkjd dh igy vFkok Hkk-fj-cSa- dh lgefr ds fcuk çfrns; ugha gksxkA



çfrHkwfr vlqjf{kr


fuxZe ewY; le ewY; ij ¼vFkkZR k~ 1000000@& çfr ck.M½

çfrns; ewY; le ewY; ij ¼vFkkZR k~ 1000000@& çfr ck.M½


Punjab & Sind Bank


Listing Proposed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of India Ltd. (NSE)

Trustee IDBI Trusteeship Services Ltd. Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd.Registrars MCS Ltd.Interest on Application Money *




Issue Opens on ^ January 6, 2010Issue Closes on ^ January 13, 2010Pay-In Date ^ January 6, 2010 to January 13, 2009Deemed Date of Allotment ^ January 15, 2010



6. BOND ISSUE – XIII Rs. 300 CRORE

SUMMARY TERM SHEET

Issuer Punjab & Sind BankIssue Size Rs. 300 croreIssue Objects Augmenting Tier-II Capital for strengthening the Capital Adequacy and enhancing long term

resources of the Bank Instrument Unsecured Redeemable Non-Convertible Subordinated Lower Tier-II Bonds (Series-XIII) in the



Issuance/ Trading In Dematerialized Form Credit Rating “ICRA AA” by ICRA and "CARE AA" by CARESecurity UnsecuredFace Value Rs. 10,00,000/- per BondIssue Price At par (Rs. 10,00,000/- per Bond)Redemption Price At par (Rs. 10,00,000/- per Bond)Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter

iatkc ,.M fla/ cSad


dk;Zdky 124 eghus

iqV fodYi dksbZ ugha

dky fodYi NBs o"kZ ds var esa ¼Hkk-fj-cSa- dh Loh—fr ds vk/kkj ij½

çfrns;rk@ ifjiDDork frfFk ls 124 eghuksa ds var esa le ewY; ij ¼Hkkjrh; fjt+oZ cSad dh iwoZ Loh—fr ds lkFk½

çfrns;rk frfFk 24-10-2021 ¼Hkkjrh; fjt+oZ cSad dh iwoZ Loh—fr ds lkFk½

dwiu nj* 9-73% okf"kZd nj ls



fyfLVax çLrkfor&us'kuy LVkWd ,Dlpsat fyfeVsM¼,u&,l&bZ½ds Fkksd _.k cktkj [kaM¼MCy;w-Mh-,e-½


fu{ksikxkj us'kuy LD;wfjVh fMiksfLVjh fy& rFkk lsUVªy fMiksfLVjh lZfolt ¼bafM;k½ fyfeVsM


vkosnu jkf'kij C;kt* dwiu nj ij & vkcaVu dh ekuh xbZ frfFk dks NksM+dj pSd¼dksa½fMekaM Mªk¶V¼Vksa½@ vkj-Vh-th-,l- dh olwyh gksus dh frfFk ls ¼vFkkZR k~ 9-73% okf"kZd nj ls½

fuiVku C;kt ds Hkqxrku rFkk ewy /ku dh vnk;xh pSd¼dksa½@C;kt@çfrns; okjaV¼l½@fMekaM Mªk¶V@vkj-Vh-th-,l- ç.kkyh@bZ-lh-,l- ç.kkyh ds ek/;e lsA

va"knku dk ek/;e vkj-Vh-th-,l-ra= ds ek/;e ls jkf'k dks bySDVªkfuDl varj.k ds rjhds ls Þiatkc ,.M fla/k cSad vkj-Vh-th-,l- [kkrkß esa fnYyh ds fy, IFSC dwV la[;k ßPSIB 0000001 ß esa fd;k tk ldrk gSA

fuxZeds [kqyus dh frfFk^ 20-06-2011

fuxZeds can gksus dh frfFk^ 24-06-2011

is&bu MsVl^ 20-06-2011 ls 24-06-2011



*cSad ds ikl fuxZe esa la'kks/ku ¼iwoZ fu;kstu@LFkxu½ djus] [kksyus@can djus@Hkqxrku frfFk laca/kh viuk ,dy ,oa lEi.kZ vf/kdkj lqjf{kr gS ftlesa cSad fcuk dksbZ dkj.k crk, vFkok iwoZ uksfVl ds ifjorZu dj ldrk gSfdlh uksfVl ds vkcaVu ds fy, ekuh tkus okyh ,d ls T;knk frfFk¼;ks½ fu/kkZfjr djus dk Hkh ,dy ,oa lEi.kZ vf/kdkj lqjf{kr gS A

rkfydk Mh&,Q&15& ikfjJfed ds fy, vko';drkvksa dk çdVhdj.k

lkoZtfud {ks=ksa ds cSadksa ds fy, ykxw ugha gSaA

Punjab & Sind Bank


Tenure 124 MonthsPut Option NoneCall Option At the end of 6th Year (Subject to Approval from RBI)Redemption/ Maturity At par at the end of 124 Months from the Deemed Date of Allotment (subject to prior approval

from RBI)Redemption Date 24th October 2021 (subject to prior approval from RBI)Coupon Rate * 9.73% p.a.Interest Payment AnnualInterest Payment Date On May 15, every year and on final maturityListing Proposed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of

India Ltd. (NSE)Trustee IDBI Trusteeship Services Ltd. Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd.Registrars MCS Ltd.Interest on Application Money *



Mode of Subscription By way of electronic transfer of funds through RTGS mechanism for credit in the account of “Punjab & Sind Bank RTGS Account” IFSC Code: “PSIB0000001” for New Delhi

Issue Opens on ^ 20th June 2011Issue Closes on ^ 24th June 2011Pay-In Date ^ 20th June 2011 to 24th June 2011Deemed Date of Allotment ^ 24th June 2011

* Subject to deduction of tax at source, as applicable.


Table DF 15 –Disclosure Requirements for Remuneration-

Not applicable to PSU Banks

iatkc ,.M fla/ cSad


Lora= ys[kk ijh{kdksa dh fjiksVZLksok esa]egkefge jk"Vªifr eg¨n;]

iatkc ,.M fla/k cSad dh foÙkh; foojf.k;ksa ij fjiksVZ

1- geus iatkc ,.M fla/k cSad ds 31 ekpZ] 2015 dh foÙkh; foojf.k;ksa ftuesa 31 ekpZ] 2015 dk rqyu-i= rFkk bl frfFk dks lekIr gq, o"kZ ds fy, cSad ds ykHk&gkfu [kkrs rFkk udnh çokg fooj.kh lfgr ys[kksa ls lacaf/kr fVIif.k;ksa dk ys[kk ijh{k.k fd;k gSA bu foÙkh; foojf.k;ksa esa gekjs }kjk ys[kk ijhf{kr 20 'kk[kkvksa] 'kk[kkvksa ds ys[kk ijh{kdksa }kjk ijhf{kr 524 'kk[kk,a gSaA gekjs rFkk vU; ys[kk ijh{kdksa }kjk ys[kk ijhf{kr 'kk[kkvksa dk p;u cSad us Hkkjrh; fjtoZ cSad }kjk tkjh ekunaMksa ds vuqlkj fd;k gSA rqyu&i= rFkk ykHk&gkfu [kkrs esa 912 'kk[kkvksa ls Hksth xbZ foojf.k;k¡ 'kkfey gSa tks ys[kk ijh{k.k ds v/khu ugha gSA bu vijhf{kr 'kk[kkvksa esa vfxzeksa dk çfr'kr 7-73 çfr'kr] tekjkf'k;ksa dk 19-59 çfr'kr] vfxzeksa ij C;kt vk; dk 5-05 çfr'kr rFkk tek jkf'k;ksa ij fn, x, C;kt O;;ksa dk 17-30 çfr'kr fgLlk curk gSA

foÙkh; foojf.k;ksa ds fy, cSad çca/ku dk mÙkjnkf;Ro

2- cSad çca/ku bu foÙkh; foojf.k;ksa dks ys[kk ekudksa ds vuqlkj rS;kj djus ds fy, mÙkjnk;h gS tksfd cSafdax dkuwu ds vuqlkj rFkk Hkkjr esa Lohdk;Z gSA mÙkjnkf;Ro esa fMtkbZu] dk;kZUo;u rFkk foÙkh; foojf.k;ksa dks rS;kj djus gsrq vkarfjd fu;a=.k tks fd ;FkkFkZ ds vdFku] /kks[kk/kMh ;k xyrh ds dkj.k gks ldrk gS] lfEefyr gSA

ys[kk ijh{kdksa dk mÙkjnkf;Ro

3- gekjs ys[kk ijh{k.k ds vk/kkj ij bu foÙkh; foojf.k;ksa ij jk; nsuk gekjk mÙkjnkf;Ro gSA geus viuk ys[kk ijh{k.k lunh ys[kkdkj laLFkku }kjk tkjh ys[kk ijh{k.k ekudksa ds vuqlkj fd;k gSA bu ekudksa ds vuq:i ;g okaNuh; gS fd ge ys[kk ijh{k.k gsrq uSfrd vko';drkvksa dk /;ku j[ks vkSj bl çdkj ;kstuk cuk,a ,oa bls iw.kZ djsa rkfd ;g fo'okl gks lds fd foÙkh; foojf.k;ksa esa dksbZ Hkh deh ugha gSA

4- ys[kk ijh{k.k esa ç;ksxkRed vk/kkj ij dh xbZ tkap lfEefyr gS fd foÙkh; foojf.k;ksa esa nh xbZ rFkk jkf'k;ksa laca/kh lk{;] lwpuk,a lgh gSaA viukbZ xbZ çfØ;k ys[kk ijh{kd ds fu.kZ; ij fuHkZj gksrh gS ftlesa foÙkh; foojf.k;ksa ds fo"k; esa nh xbZ xyr lwpuk dk vkdyu lfEefyr gS tks /kks[kk/kMh ;k xyrh ds dkj.k gks ldrk gSA ys[kk ijh{kd ifjfLFkfr;ksa ds vuq:i tksf[ke Hkjk vkdyu djus ds fy, vkarfjd fu;a=.k rFkk okLrfod çLrqfrdj.k ij fopkj djrk gS u fd cSad ds vkarfjd fu;a=.k dh çHkkfoDrk ij fopkj O;ä djus ds mís'; lsA ys[kk ijh{k.k esa ç;qä ys[kk fl)karksa dk ewY;kadu rFkk çca/ku }kjk rS;kj fd, x, egRoiw.kZ vuqeku ,oa foÙkh; fooj.kksa dk fooj.k 'kkfey jgrk gSA

5- gesa fo'okl gS fd geus ys[kk ijh{k.k esa tks lk{; çkIr fd, gS lkekU;rk iw.kZ gS vkSj gekjs i{k ds fy, ,d mi;qä vk/kkj gSaA

fo"k; dk egRo%

6- gekjh fjiksVZ dh fo'ks"krk crk, fcuk ge fuEufyf[kr dh vksj /;ku vkdf"kZr djrs gSa %

¼i½ uksV la[;k 1-1] 1-2 vkSj 1-3 vk;] O;;] vkfLr;ksa vkSj ns;rkvksa ds fofHkUu [kkrksa dh cdk;k enksa ds 'ks"kksa/fudklh igpku/ lek;ksftr u gksus ds dkj.k blds çHkko dh vko';drk dks fu/kkZfjr ugha fd;k tk ldk gSA

¼ii½ vihy esa foyafcr fookfnr dj ns;rkvksa ds laca/k esa uksV la- 10-9-5] ftldk çHkko fuf'pr ugha gSA

¼iii½ uksV la- 10-9-3 tks fd ys[kkadu cgh ds vuqlkj fuos'k ewY; ij fofo/k [kkrk ij varj ds laca/k esa 379-26 djksM #- dh vkLFkfxr dj ns;rkvksa ds l`tu u djus rFkk vk;dj vfHkdyu ds fy, varj ij fopkj djrs gq, LFkkbZ gksxkA

¼iv½ cSad dh iwath i;kZIrrk csly&II rFkk csly&III vU; vuqikr ftUgsa cSad }kjk ys[kksa esa lwfpr fd;k x;k gS] [kkrksa ij fVIif.k;ka] ys[kk& uhfr;ksa vkSj mä ifjPNsn 6¼i½ ls ¼iii½ ij gekjh fVIif.k;ksa ds vuqlkj fd, x, lek;kstuksa ds vuq:i gSA

¼v½ foÙkh; fooj.kh dk uksV 10-4-1] tks lkoZtfud {ks= ds deZpkfj;ksa ds fy, isa'ku fodYi ds iqu% [kksyus ,oa xzsP;wVh dh lhek esa o`f)&çeq[k fu;ked mipkj ij] cSad dh iSa'ku ,oa xzsP;qVh ns;rk] deZpkfj;ksa gsrq ykHk ij Hkkjrh; fjtoZ cSad ds ifji= fnukad 9 Qjojh] 2011 la- MhchvksMh ua-chih-chlh-80@21-04-018@2010&11 ds vuqlkj ys[kk ekudksa ¼,,l½ 15 ds çko/kkuksa ds vuqikyu esa lkoZtfud {ks= ds cSadksa dks NwV gSA

Punjab & Sind Bank


INDEPENDENT AUDITOR’S REPORTTo,The President of India,

Report on the Financial Statements of Punjab & Sind Bank

1. We have audited the accompanying financial statements of Punjab & Sind Bank as at 31st March, 2015, which comprise the Balance Sheet as at March 31, 2015, and Profit and Loss Account and the cash flow statement for the year then ended, and a summary of significant accounting policies and other explanatory information. Incorporated in these financial state-ments are the returns of 20 branches audited by us and 524 branches audited by branch auditors. The branches audited by us and those audited by other branch auditors have been selected by the Bank in accordance with the guidelines issued to the Bank by the Reserve Bank of India. Also incorporated in the Balance Sheet and the Statement of Profit and Loss are the returns from 912 branches which have not been subjected to audit. These unaudited branches account for 7.73 per cent of advances, 19.59 per cent of deposits, 5.05 per cent of interest income and 17.30 per cent of interest expenses.

Management’s Responsibility for the Financial Statements2. Management is responsible for the preparation of these financial statements in accordance with accounting standards

generally accepted in India and applicable banking laws. This responsibility includes the design, implementation and main-tenance of internal control relevant to the preparation of the financial statements that are free from material misstate-ment, whether due to fraud or error.

Auditor’s Responsibility3. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in

accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

4. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the bank’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances but not the purpose of expressing an opinion on the ef-fectiveness of the Bank’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

5. We believe that the audit evidence we have obtained is generally sufficient and appropriate to provide a basis for our audit opinion. Emphasis of matter:6. Without qualifying our report, we draw attention to:

(i) Note no. 1.1, 1.2 and 1.3 regarding non reconciliation of balances and clearances/identification of outstanding items in respect of various accounts of income, expenditure, assets and liabilities, the impact of which is not ascertainable.

(ii) Note no. 10.9.5 regarding disputed tax liabilities pending in appeals, the effect of which is not ascertainable.(iii) Note no.10.9.3 regarding non creation of deferred tax liability of Rs. 379.26 crore in respect of difference on account

of variation on the value of investment as per the books of account and for the income tax computation considering the difference to be permanent.

(iv) Capital adequacy as per Basel – II and Basel – III and other ratios disclosed in the accounts by the bank are subject to adjustment arising out of the Notes on accounts, accounting policies and our remarks in Para 6 (i) to (iii) above.

(v) Note no. 10.4.1 regarding deferment, amortization and carry forward of pension and gratuity liability of the bank pur-suant to the exemption granted by Reserve Bank of India to the public sector bank from application of provisions of Ac-counting Standard (AS) 15 Employees Benefits`(revised 2005) vide its circular no. DBOD.BP.BC/80/21.04.018/2010-11 dated 09.02.2011 of Re-opening of pension option to the Employees of public sector banks and enhancement in gra-tuity limits – Prudential regulatory treatment.

iatkc ,.M fla/ cSad


¼vi½ uksV la- 10-9-6 tks vk;dj çkf/kdkfj;ksa }kjk [kjkc _.kksa ds nkos dh Lohdk;Zrk esa vfu'prrk dk o.kZu djrk gS] dh rqyuk esa Lora= fo'ks"kK dh jk; ds vk/kkj ij cSad us fu.kZ; fy;k gSA

7- gekjh jk; esa tSlk fd cSad ds cfg;ksa esa n'kkZ;k x;k gS vkSj gekjh loksZÙke tkudkjh ds vuqlkj rFkk gesa fn, x, Li"Vhdj.kksa ds vuqlkj] ge ;g lwfpr djrs gSa fd %&

i½ çeq[k ys[kk uhfr;ksa rFkk mu ij gekjh fVIif.k;ksa lfgr iBuh; rqyu&i= ,d iw.kZ ,oa fo'kq} rqyu i= gS ftlesa vko';d fooj.k fufgr gSa rFkk bls mfpr <ax ls rS;kj fd;k x;k gS ftlesa cSad ds 31 ekpZ 2015 ds ekeyksa dk mfpr mYys[k gS tks fd Hkkjr esa Lohdk;Z ys[kk fl)kUrksa ds vuq:i gSA

ii½ ykHk gkfu [kkrk ,oa çeq[k ys[kk uhfr;ksa tks fd Hkkjr esa Lohdk;Z ys[kk fl)kUrksa ds vuq:i gS rFkk gekjh fVIif.k;ksa ds lkFk iBuh; lekIr o"kZ ds fy, okLrfod ykHk 'ks"k dks n'kkZrk gSA

iii½ udnh çokg fooj.kh ml frfFk ij lekIr o"kZ rd dh udnh çokg fooj.kh ds lR; rFkk okLrfod udnh çokg dks n'kkZrk gSA

vU; fof/kd rFkk fofu;ked vko';drkvksa ij fjiksVZ

8- rqyu i= vkSj ykHk gkfu [kkrs] cSafdax fofu;eu vf/kfu;e 1949 dh r`rh; vuqlwph esa fn, QkeZ Øe'k% ''A'' rFkk ''B'' esa rS;kj fd, x, gSaA

9- mijksä 1 ls 5 rd ifjPNsnksa esa ys[kk ijh{kk ds vk/kkj ij rFkk cSafdax daiuh ¼miØeksa dk vtZu ,oa varj.k½ vf/kfu;e] 1970/1980 rFkk mlesa visf{kr çdVhdj.k dh lhekvksa ds v/khu rFkk ys[kk uhfr;ksa vkSj ys[kk laca/kh fVIif.k;ksa dks /;ku esa j[krs gq, ge fjiksVZ djrs gSa fd% d½ tks lwpuk,a vkSj Li"Vhdj.k gekjh tkudkjh ,oa fo'okl ds vuqlkj ys[kk ijh{k.k gsrq vko';d Fks] geus os lHkh lwpuk,a

çkIr dh gSa vkSj bUgsa larks"ktud ik;k gSA [k½ cSad ds ,sls lHkh ysu&nsu tks gekjh tkudkjh esa vk, gSa tks cSad ds vf/kdkjksa ds varxZr FksAx½ cSad ds dk;kZy;ksa@'kk[kkvksa ls çkIr foojf.k;ksa dks lkekU;r% ys[kk ijh{k.k gsrq mi;qä ik;k x;k gSA

10- gekjh jk; esa] rqyu&i=] ykHk&gkfu [kkrk rFkk udnh çokg fooj.kh ykxw ys[kk ekudksa ds vuqlkj gSaA

—rs ch-ds- JkQ ,.M daiuh —rs vkj- dksBkjh ,.M daiuhlunh ys[kkdkj lunh ys[kkdkj

¼,y-ds- JkQ½ ¼jkts'k dqekj½ikVZuj ikVZuj,e-ua- 060742 ,e-ua- 090865,Qvkj,u : 302166bZ ,Qvkj,u : 307069bZ

—rs f<Yyksa ,.M ,lksf'k,Vl —rs frokjh ,.M ,lksf'k,Vllunh ys[kkdkj lunh ys[kkdkj

¼jkts'k eYgkS=k½ ¼—".k dqekj½ikVZuj ikVZuj,e-ua- 090661 ,e-ua-085415 ,Qvkj,u%002783,u ,Qvkj,u 002870,u


Punjab & Sind Bank


(vi) Note No.10.9.6, which describes uncertainty relating to the allowability of claim of bad debts by the Income Tax Au-thorities vis- a- vis to the stand taken by the bank based on expert independent opinion.

7. In our opinion, as shown by books of bank, and to the best of our information and according to the explanations given to us we further report that:

(i) the Balance Sheet, read with the notes thereon is a full and fair Balance Sheet containing all the necessary particulars, is properly drawn up so as to exhibit a true and fair view of state of affairs of the Bank as at 31st March 2015 in con-formity with accounting principles generally accepted in India;

(ii) the Profit and Loss Account, read with the notes thereon shows a true balance of profit, in conformity with accounting principles generally accepted in India, for the year covered by the account; and

(iii) the Cash Flow Statement gives a true and fair view of the cash flows for the year ended on that date.

Report on Other Legal and Regulatory Requirements

8. The Balance Sheet and the Profit and Loss Account have been drawn up in Forms “A” and “B” respectively of the Third Schedule to the Banking Regulation Act, 1949.

9. Subject to the limitations of the audit indicated in paragraph 1 to 5 above and as required by the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with Notes on Accounts attached and subject also to the limitations of disclosure required therein, we report that:

(a) We have obtained all the information and explanations which to the best of our knowledge and belief, were necessary for the purposes of our audit and have found them to be satisfactory.

(b) The transactions of the Bank, which have come to our notice have been within the powers of the Bank.

(c) The returns received from the offices and branches of the Bank have been found adequate for the purposes of our audit.

10. In our opinion, the Balance Sheet, Profit and Loss Account and Cash Flow Statement comply with the applicable accounting standards.

For B. K. Shroff & Co. For R. Kothari & Co.Chartered Accountants Chartered Accountants

(L. K. Shroff) (Rajesh Kumar)Partner PartnerM. No. 060742 M. No. 090865FRN : 302166E FRN : 307069E

For Dhillon & Associates For Tiwari & AssociatesChartered Accountants Chartered Accountants

(Rajesh Malhotra) ( Krishan Kumar )Partner PartnerM. No. 090661 M. No. 085415 FRN : 002783N FRN : 002870N

Place : New Delhi Dated : May 12, 2015

iatkc ,.M fla/ cSad


iatkc ,.M fla/k cSad31 ekpZ] 2015 dk rqyu&i=

¼000 NksM+dj½#i, #i,

iw¡th rFkk ns;rk,a vuqlwph 31-3-2015 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½

31-3-2014 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½

iw¡th 1 4004110 4752842vkjf{kr fuf/k ,oa vf/k'ks"k 2 51957641 45360038tekjkf'k;k¡ 3 867147160 847301648 m/kkj 4 30482300 23050423 vU; ns;rk,a rFkk çko/kku 5 23942825 24626596tksM+ 977534036 945091547

vkfLr;k¡ udnh vkSj Hkkjrh; fjt+oZ cSad esa bfr'ks"k 6 37561067 48344909cSadksa esa bfr'ks"k ,oa ekax rFkk vYi lwpuk ij çkI; /ku 7 4634006 14903466fuos'k 8 267516965 282941140vfxze 9 638701767 572390666fLFkj vkfLr;k¡ 10 9948284 10027150vU; vkfLr;k¡ 11 19171947 16484216tksM+ 977534036 945091547vkdfLed ns;rk,a 12 144215606 100290718olwyh ds fy, fcy 7687285 12757758 mYys[kuh; ys[kk uhfr;k¡ 17[kkrksa ls lacaf/kr fVIif.k;k¡ 18vuqlwph 1 ls 18 [kkrksa dk vfHkUu vax gSaA

31 ekpZ] 2015 dks lekIr o"kZ ds fy, ykHk&gkfu [kkrk ¼000 dks NksM+dj½

#i, #i,vuqlwph 31-3-2015 dks lekIr

o"kZ ¼ys[kk ijhf{kr½31-3-2014 dks lekIr

o"kZ ¼ys[kk ijhf{kr½I- vk;

vftZr C;kt 13 85885471 79727065vU; vk; 14 4287528 4272808tksM+ 90172999 83999873

II- O;;O;; fd;k x;k C;kt 15 69093525 63521242ifjpkyu O;; 16 13324976 12473212 çko/kku vkSj vkdfLed O;; 6541015 4999155tksM+ 88959516 80993609

III- ykHk@gkfuvof/k ds 'kq) ykHk@gkfu ¼&½ 1213483 3006264vxzkuhr ykHk@gkfu ¼&½ 16355120 15430797tksM+ 17568603 18437061ewy ,oa ruq—r vtZu çfr 'ks;j 3-59 10-69

Punjab & Sind Bank


PUNJAB & SIND BANKBALANCE SHEET AS ON 31st MARCH, 2015

(000'S OMITTED)Rs. Rs.

CAPITAL & LIABILITIES SCHEDULE AS ON 31.03.15 [Audited]

AS ON 31.03.14 [Audited]

Capital 1 4004110 4752842Reserves & Surplus 2 51957641 45360038Deposits 3 867147160 847301648 Borrowings 4 30482300 23050423 Other liabilities & Provisions 5 23942825 24626596TOTAL 977534036 945091547

ASSETSCash & balances with Reserve Bank Of India 6 37561067 48344909Balances with banks & money at call and short notice 7 4634006 14903466Investments 8 267516965 282941140Advances 9 638701767 572390666Fixed Assets 10 9948284 10027150Other Assets 11 19171947 16484216TOTAL 977534036 945091547Contingent Liabilities 12 144215606 100290718Bills for Collection 7687285 12757758 Significant Accounting Policies 17Notes on Accounts 18Schedule 1 to 18 form an integral part of the accounts

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH, 2015 (000'S OMITTED)

Rs. Rs.SCHEDULE YEAR ENDED 31.03.15

[Audited]YEAR ENDED 31.03.14

[Audited]I. INCOME

Interest earned 13 85885471 79727065Other income 14 4287528 4272808TOTAL 90172999 83999873

II. EXPENDITUREInterest expended 15 69093525 63521242Operating expenses 16 13324976 12473212 Provisions and contingencies 6541015 4999155TOTAL 88959516 80993609

III. PROFIT/LOSSNet Profit/ Loss (-) for the period 1213483 3006264Profit/ Loss(-) brought forward 16355120 15430797TOTAL 17568603 18437061Basic & Diluted Earning per share (EPS) 3.59 10.69

iatkc ,.M fla/ cSad


IV. fofu;kstu varj.k% lkafof/kd vkjf{kr fuf/k;k¡ 480000 752500 iw¡th vkjf{kr fuf/k ¼fuos'k½ 0 118522/kkjk 36 ¼i½ ¼viii½ ds varxZr fo'ks"k vkjf{kr fuf/k;ka 2320 0vkjf{kr fuos'k 0 36817vkLFkfxr dj ns;rk,a 0 234960dkiksZjsV lkekftd mÙkjnkf;Ro fuf/k 0 20000çLrkfor ykHkka'k%ih,ulhih,l 0 180000bZfDoVh 240247 605625ykHkka'k forj.k dj 54167 133517'ks"k dks vkxs rqyu&i= esa ys tk;k x;k 16791869 16355120tksM+ 17568603 18437061mYys[kuh; ys[kk uhfr;k¡ 17[kkrksa ls lacaf/kr fVIif.k;k¡ 18vuqlwph 1 ls 18 [kkrksa dk vfHkUu vax gSaA

tfranjchj flag eqds'k dqekj tSu v/;{k ,oa çca/k funs'kd dk;Zdkjh funs'kd

,l-vkj-esgj ih-ds-tsuk lat; oekZ funs'kd funs'kd funs'kd

vuhrk d.kkZoj ,l-ih-ccwrk ,e-,l-lkjaxfuns'kd funs'kd funs'kd

vkbZ-,l-HkkfV;k nhid eSuh th-,l-<Yy Mh-Mh-'kekZeq[; egkçca/kd egkçca/kd egkçca/kd egkçca/kd

ohjsUnz xqIrk vkj-ih-,l-[kqjkuk th-,l-ukjax gjfoanj flag egkçca/kd egkçca/kd egkçca/kd egkçca/kd

oh-ds- esgjks=k ,-,l-vgwtklgk;d egkçca/kd eq[; çca/kd

lefrfFk ij gekjh fjiksVZ ds vuqlkj

—rs ch-ds- JkQ ,.M da- —rs vkj- dksBkjh ,.M da- lunh ys[kkdkj lunh ys[kkdkj ,Qvkj,u 302166bZ ,Qvkj,u 307069bZ

¼,y-ds-JkQ½ ¼jkts'k dqekj½,e-ua- 060742 ,e-ua-090865

—rs frokjh ,.M ,lksfl,V~l —rs f<Yyksa ,.M ,lksfl,V~l lunh ys[kkdkj lunh ys[kkdkj,Qvkj,u 002870,u ,Qvkj,u 002783,u

¼—".k dqekj½ ¼jkts'k eYgks=k½,e-ua- 085415 ,e- ua- 090661


Punjab & Sind Bank


IV. APPROPRIATIONSTransfer to: Statutory Reserve 480000 752500 Capital Reserve [Investment] 0 118522Special Reserve u/s 36(1)(viii) 2320 0Investment Reserve 0 36817Deferred Tax Liability 0 234960Corporate Social Responsibility Fund 0 20000Proposed Dividend:PNCPS 0 180000Equity 240247 605625Dividend Distribution Tax 54167 133517Balance carried over to Balance Sheet 16791869 16355120 TOTAL 17568603 18437061Significant Accounting Policies 17Notes on Accounts 18Schedule 1 to 18 form an integral part of the accounts

JATINDERBIR SINGH MUKESH KUMAR JAIN CHAIRMAN & MG. DIRECTOR EXECUTIVE DIRECTOR

S.R. MEHAR P.K. JENA SANJAY VERMA DIRECTOR DIRECTOR DIRECTOR

ANITA KARNAVAR S.P. BABUTA M.S. SARANG DIRECTOR DIRECTOR DIRECTOR

I.S. BHATIA DEEPAK MAINI G.S. DHALL D.D. SHARMA CHIEF GEN. MANAGER GENERAL MANAGER GENERAL MANAGER GENERAL MANAGER

VARINDER GUPTA R.P.S. KHURANA G.S. NARANG HARVINDER SINGH GENERAL MANAGER GENERAL MANAGER GENERAL MANAGER GENERAL MANAGER

V.K. MEHROTRA A.S. AHUJAASSTT GEN. MANAGER CHIEF MANAGER

AS PER OUR REPORT OF EVEN DATE.

FOR B.K. SHROFF & CO. FOR R. KOTHARI & CO.CHARTERED ACCOUNTANTS CHARTERED ACCOUNTANTSFRN 302166E FRN 307069E

[L.K. SHROFF] [RAJESH KUMAR]M.No.060742 M.No.090865

FOR TIWARI & ASSOCIATES FOR DHILLON & ASSOCIATESCHARTERED ACCOUNTANTS CHARTERED ACCOUNTANTSFRN 002870N FRN 002783N

[KRISHAN KUMAR] [RAJESH MALHOTRA]M.No.085415 M.No.090661

Place : NEW DELHI DATED : 12 May, 2015

iatkc ,.M fla/ cSad


¼000 dks NksM+dj½#i, #i,

vuqlwph 1 & iw¡th 31-3-2015 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½


I- çkf/k—r iw¡th % bfDoVh 'ks;j iw¡th çR;sd :- 10@- ds 75]00]00]000 'ks;j 7500000 7500000II- vf/keku 'ks;j iw¡th ¼csfe;knh xSj&lap;h½ ¼ih-,u-lh-ih-,l-½ çR;sd :- 10@- ds

225]00]00]000 'ks;j22500000 22500000

30000000 30000000fuxZe] vfHknÙk ,oa çnÙk iw¡th %

I- bfDoVh 'ks;j iw¡th çR;sd :- 10@- ds 40]04]11]027 'ks;j ¼fiNys o"kZ 27]52]84]212½ ftlesa dsUæh; ljdkj dh /kkfjrk esa çR;sd :- 10@- ds 31]88]22]775 'ks;j ¼fiNys o"kZ 22]41]32]212½ lfEefyr gSaA

4004110 2752842

II- vf/keku 'ks;j iw¡th ¼csfe;knh xSj&lap;h½ ¼ih-,u-lh-ih-,l-½ 'kwU; ¼fiNys o"kZ dsUæh; ljdkj dh /kkfjrk esa çR;sd :- 10@- ds 20]00]00]000 'ks;j½

0 2000000

dqy [I+II] 4004110 4752842 ¼000 dks NksM+dj½

#i, #i,vuqlwph 2 & vkjf{kr fuf/k ,oa vf/k'ks"k 31-3-2015 dh fLFkfr ds

vuqlkj ¼ys[kk ijhf{kr½31-3-2014 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½

I lkafof/kd vkjf{kr fuf/kvFk'ks"k 9011906 8259406 o"kZ ds nkSjku ifjo/kZu 480000 752500mi&;ksx& I 9491906 9011906

II- iw¡th vkjf{kr fuf/k &&d- iquewZY;u vkjf{kr fuf/k ¼LFkk;h vkfLr;k¡½vFk'ks"k 8307590 7065699tek% o"kZ ds nkSjku ifjo/kZu 0 1479579?kVk% o"kZ ds nkSjku dVkSfr;k¡ &462077 &237688 mi&;ksx II d 7845513 8307590[k- iw¡th vkjf{kr fuf/k ¼fuos'k½vFk'ks"k 2722729 2604207tek% o"kZ ds nkSjku ifjo/kZu 0 118522mi&;ksx II [k 2722729 2722729

III- 'ks;j çhfe;evFk 'ks"k 7039807 6254625tek% o"kZ ds nkSjku ifjo/kZu 6148732 787370tek% lkoZtfud fuxZe O;; &8121 &2188mi&;ksx & III 13180418 7039807

IV- jktLo rFkk vU; vkjf{kr fuf/k;k¡ d½ lkekU; vkjf{kr vFk 'ks"k 1089107 1089107tek% o"kZ ds nkSjku ifjo/kZu 0 0 ?kVk% o"kZ ds nkSjku dVkSfr;k¡ 0 0 mi&;ksx& IV- d 1089107 1089107

Punjab & Sind Bank



SCHEDULE 1-CAPITAL AS ON 31.03.15[Audited]

AS ON 31.03.14[Audited]

I. Authorised Capital : Equity Share Capital 75,00,00,000 shares of Rs.10/- each 7500000 7500000II. Preference Share Capital

(Perpetual Non-cumulative) (PNCPS) 225,00,00,000 shares of Rs.10/- each22500000 22500000

30000000 30000000Issued, Subscribed and Paid-up Capital:

I. Equity Share Capital 40, 04, 11, 027 (Previous Year 27, 52, 84, 212) shares of Rs.10/- each [including 31, 88, 22, 775 (Previous Year 22, 41, 32, 212) shares of Rs.10/- each held by Central Government]

4004110 2752842

II. Preference Share Capital (Perpetual Non-cumulative) (PNCPS) NIL (Previous Year 20,00,00,000)shares of Rs.10/- each held by Central Government

0 2000000

TOTAL [I+II] 4004110 4752842 (000'S OMITTED)

Rs. Rs.

SCHEDULE 2 - RESERVES & SURPLUS AS ON 31.03.15[Audited]


I. Statutory Reserves Opening Balance 9011906 8259406 Addition during the year 480000 752500Sub Total I 9491906 9011906

II. Capital Reserves: a.Revaluation Reserve (Fixed Assets):Opening Balance 8307590 7065699Add: Addition during the year 0 1479579Less:Deduction during the year -462077 -237688 Sub Total II.a 7845513 8307590b.Capital Reserve [Investments]Opening Balance 2722729 2604207Add: Addition during the year 0 118522Sub-Total II.b 2722729 2722729

III. Share Premium:Opening Balance 7039807 6254625Add: Addition during the year 6148732 787370Less: Share Issue Expenses -8121 -2188Sub-Total III 13180418 7039807

IV. Revenue & Other Reservesa). General ReservesOpening Balance 1089107 1089107Add: Addition during the year 0 0 Less: Deduction during the year 0 0 Sub-Total IV.a 1089107 1089107

iatkc ,.M fla/ cSad


[k½ jktLo vkjf{kr fuf/k %vFk'ks"k 105700 105700tek% o"kZ ds nkSjku ifjo/kZu 0 0mi&;ksx IV-[k 105700 105700x½ fo'ks"k vkjf{kr /kkjk 36 ¼i½ ¼viii½ ds varxZr¼&½vFk'ks"k 691262 691262tek% o"kZ ds nkSjku ifjo/kZu 2320 0mi&;ksx IV x 693582 691262?k½ vkjf{kr fuos'kvFk 'ks"k 36817 0tek% o"kZ ds nkSjku ifjo/kZu 0 36817mi&;ksx IV ?k 36817 36817

V ykHk&gkfu [kkrs esa 'ks"k 16791869 16355120dqy ;ksx ¼I&V½ 51957641 45360038

¼000 dks NksM+dj½

#i, #i,vuqlwph 3 & tek jkf'k;k¡ 31-3-2015 dh fLFkfr ds


d- d½ 1-½ d- ekax teki½ cSadksa ls 329788 297775ii½ vU; ls 47560829 43436576[k- cpr cSad tek jkf'k;k¡ 138809830 133217694x- fe;knh teki½ cSadksa ls 50249320 67627719ii½ vU; ls 630197393 602721884tksM+ ¼I+II+III½ 867147160 847301648

[k½ Hkkjr esa 'kk[kkvksa dh tekjkf'k;k¡ 867147160 847301648

¼000 dks NksM+dj½ #i, #i,

vuqlwph 4 && m/kkj 31-3-2015 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½


1-½ Hkkjr esa m/kkji½ Hkkjrh; fjt+oZ cSad 1950000 5800000ii½ vU; cSad 0 0iii½ vU; laLFkku vkSj vfHkdj.k 15282300 423 iv½ uoksUes'k csfe;knh _.k fy[kr ¼vkbZihMhvkbZ½ 0 1600000v½ csfe;knh lap;h vf/keku 'ks;j¼ih-lh-ih-,l-½ 0 2000000vi½ xkS.k _.k 13250000 136500002-½ Hkkjr ls ckgj m/kkj 0 0tksM+ ¼1+2½ 30482300 23050423mijksä tksM+ ¼1½ vkSj ¼2½ esa lfEefyr çfrHkwr m/kkj 3800000

Punjab & Sind Bank


b). Revenue Reserve:Opening Balance 105700 105700Add: Addition during the year 0 0Sub-Total IV.b 105700 105700c). Special Reserve u/s 36(i) (viii):Opening Balance 691262 691262Add: Addition during the year 2320 0Sub-Total IV.c 693582 691262d). Investment Reserve Opening Balance 36817 0Add: Addition during the year 0 36817Sub-Total IV.d 36817 36817

V. Balance in Profit & Loss Account 16791869 16355120Total [I to V] 51957641 45360038


SCHEDULE 3 - DEPOSITS AS ON 31.03.15[Audited]


A Demand Deposits i. From Banks 329788 297775ii. From others 47560829 43436576II. Savings Bank Deposits 138809830 133217694III. Term Deposits i. From Banks 50249320 67627719 ii. From others 630197393 602721884TOTAL [I+II+III] 867147160 847301648

B Deposits of branches in India 867147160 847301648


SCHEDULE 4 - BORROWINGS AS ON 31.03.15[Audited]


I. Borrowings in India i) Reserve Bank of India 1950000 5800000 ii) Other Banks 0 0 iii) Other institutions & agencies 15282300 423 iv) Innovative Perpetual Debt Instruments (IPDI) 0 1600000 v) Perpetual Cumulative Preference Shares [PCPS] 0 2000000 vi) Subordinated Debt 13250000 13650000II. Borrowings outside India 0 0TOTAL [I & II] 30482300 23050423Secured borrowings Included in I & II above 0 3800000

iatkc ,.M fla/ cSad



vuqlwph 5 & vU; ns;rk,a vkSj çko/kku 31-3-2015 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½


I- ns; fcy 2305927 1671254II- vardkZ;kZy; lek;kstu ¼fuoy½ 326730 1117763III- çksn~Hkwr C;kt 6779186 7868251IV- vkLFkfxr dj ns;rk 1014161 769365VI- vU; ¼blesa çko/kku lfEefyr gSa½ 13516821 13199963tksM+ 23942825 24626596

¼000 dks NksM+dj½

#i, #i,vuqlwph 6 & udnh vkSj Hkkjrh; fjt+oZ cSad ds ikl bfr'ks"k 31-3-2015 dh fLFkfr ds


I- gkFk esa udnh ¼blesa fons'kh djsalh uksV lfEefyr gSa½ 1984576 2407064II- Hkkjrh; fjt+oZ cSad esa bfr'ks"ki½ pkyw [kkrksa esa 33576491 45937845ii½ vU; [kkrksa esa 2000000 0tksM+ ¼ I rFkk II½ 37561067 48344909


vuqlwph 7 & cSadksa esa 'ks"k vkSj ekax rFkk vYi lwpuk ij çkI; /ku 31-3-2015 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½


1-½ Hkkjr esai½ cSdksa esa 'ks"kd½ pkyw [kkrksa esa 538493 567903[k½ vU; tek [kkrksa esa 0 8490959ii½ ekax rFkk vYi lwpuk ij çkI; /kud½ cSadksa ls 1500000 4350000[k½ vU; laLFkkvksa ls 0 0mi ;ksx& ¼1½ 2038493 134088622-½ Hkkjr ds ckgji½ pkyw [kkrksa esa 2595513 1494604ii½ vU; tek [kkrksa esa 0 0iii½ ekax vkSj vYi lwpuk ij çkI; /ku 0 0mi&;ksx ¼2½ 2595513 1494604tksM+ ¼1+2½ 4634006 14903466

Punjab & Sind Bank



SCHEDULE 5 - OTHER LIABILITIES AND PROVISIONS AS ON 31.03.15[Audited]


I. Bills Payable 2305927 1671254II. Inter-office adjustments [net] 326730 1117763III. Interest accrued 6779186 7868251IV. Deferred Tax Liability 1014161 769365 V. Others (including provisions) 13516821 13199963TOTAL 23942825 24626596


SCHEDULE 6 - CASH & BALANCES WITH RESERVE BANK OF INDIA AS ON 31.03.15[Audited]


I. Cash in hand [including foreign currency notes] 1984576 2407064II. Balances with Reserve Bank of India i) in Current Account 33576491 45937845 ii) in Other Account 2000000 0TOTAL [I & II] 37561067 48344909


SCHEDULE 7 - BALANCES WITH BANKS & MONEY AT CALL & SHORT NOTICE AS ON 31.03.15[Audited]


I. In India i) Balance with banks a) in Current Accounts 538493 567903 b) in other Deposit Accounts 0 8490959 ii) Money at call & Short notice a) with banks 1500000 4350000 b) with other institutions 0 0SUB-TOTAL [I] 2038493 13408862II. Outside India i) In Current Accounts 2595513 1494604 ii) In Other Deposit Accounts 0 0 iii) Money at call & Short notice 0 0SUB-TOTAL [II] 2595513 1494604TOTAL [I & II] 4634006 14903466

iatkc ,.M fla/ cSad



vuqlwph 8 & fuos'k 31-3-2015 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½


1-½ Hkkjr esa fuos'ki½ ljdkjh çfrHkwfr;k¡ **208374282 216836768ii½ vU; vuqeksfnr çfrHkwfr;k¡ 105483 99491iii½ 'ks;j 1493791 1686798iv½ fMcSapj rFkk ckaM~ l 29942231 31363359v½ lgk;d bdkbZ;ka] rFkk la;qä miØe ,oa çk;ksftr laLFkku 6537 6537vi½ vU;d½ okf.kfT;d i=@lhMh@çfrHkwfr jlhnsa@vkjvkbZMh,Q 27451364 32774703[k½ ;w-Vh-vkbZ-ds ;wfuV] vU; E;qpqvy QaM 143277 173484mi&;ksx ¼I½ 267516965 282941140 II- Hkkjr ls ckgj fuos'k 'kwU; 'kwU;dqy ;ksx ¼I+II½ 267516965 282941140dqy ewY; 267916856 283466139ewY; ºkzl dk çko/kku ¼&½ 399891 524999fuoy fuos'k 267516965 282941140

**buesa :-1051-05 djksM+ dh HkkjxzLr çfrHkwfr;k¡ ¼vafdr ewY; #-1064-76djksM+½ lfEefyr gSaA fiNys o"kZ ;g #- 617-04 djksM+ ¼vafdr ewY; #- 609-98 djksM+½ FkhA

¼000 dks NksM+dj½

#i, #i,vuqlwph 9 & vfxze 31-3-2015 dh fLFkfr ds


d½ i½ Ø; fd, x, rFkk Hkquk, x, fcy 4081355 4321382ii½ udnh m/kkj] vf/kfod"kZ vkSj ekax ij çfrns; m/kkj 189636157 179853971iii½ eh;knh _.k 444984255 388215313tksM+ 638701767 572390666

[k½ i½ ewrZ vkfLr;ksa }kjk çfrHkwr¼cgh _.k ds ,ot+ vfxze lfgr½

477592852 448369357

ii½ cSad@ljdkjh çfrHkwfr;ksa }kjk lajf{kr 63076799 65652978iii½ çfrHkwfr jfgr 98032116 58368331tksM+ 638701767 572390666

x½ Hkkjr esa vfxzei½ çkFkfedrk {ks= 175715853 155920233 ii½ lkoZtfud {ks= 148296701 153507860iii½ cSad 2999990 3300871iv½ vU; 311689223 259661702tksM+ 638701767 572390666

Punjab & Sind Bank



SCHEDULE 8 - INVESTMENTS AS ON 31.03.15[Audited]


I. Investments in India in i) Government Securities **208374282 216836768 ii) Other approved securities 105483 99491 iii) Shares 1493791 1686798 iv) Debentures & Bonds 29942231 31363359 v) Subsidiaries, and/or Joint Ventures & Sponsored Institutions 6537 6537 vi) Others: a) Commercial Paper/CD/Securitised Receipts/ RIDF 27451364 32774703 b) Units of UTI, other MF 143277 173484SUB-TOTAL [I] 267516965 282941140 II. Investments outside India Nil NilTOTAL [I + II] 267516965 282941140Gross Value 267916856 283466139Provision for Depreciation [-] 399891 524999Net Investments 267516965 282941140

** Includes encumbered securities of Rs.1051.05 crore [Face Value Rs. 1064.76 crore] previous year Rs. 617.04 crore [Face Value Rs. 609.98 crore]


SCHEDULE 9 - ADVANCES AS ON 31.03.15[Audited]


A i) Bills purchased & discounted 4081355 4321382ii) Cash credits, overdrafts and loans repayable on demand 189636157 179853971iii) Term Loans 444984255 388215313Total 638701767 572390666

B i) Secured by tangible assets (includes advances against Book Debt)

477592852 448369357

ii) Covered by Bank/ Government Guarantees 63076799 65652978iii) Unsecured 98032116 58368331Total 638701767 572390666

C ADVANCES IN INDIAi) Priority Sector 175715853 155920233 ii) Public Sector 148296701 153507860iii) Banks 2999990 3300871iv) Others 311689223 259661702Total 638701767 572390666

iatkc ,.M fla/ cSad


¼000 dks NksM+dj½

#i, #i,vuqlwph 10 & LFkk;h vkfLr;k¡ 31-3-2015 dh fLFkfr ds


1-½ ifjlj ykxr ¼vFk 'ks"k½ 823714 717858 iquewZY;u ds nkSjku ykxr esa ifjo/kZu 8545280 7666013mi& ;ksx 9368994 8383871o"kZ ds nkSjku ifjo/kZu okLrfod ykxr 45403 105856iquewZY;u ykxr ij 0 8545278o"kZ ds nkSjku dVkSfr;k¡okLrfod ykxr ij 0 0iquewZY;u ykxr ij 0 &7666013?kVk,a& v|frr fnukad dks ewY;ºkzlokLrfod ykxr ij &240496 &201028iquewZY;u ykxr ij &699765 &237688tksM+ I 8474136 89302762-½ vU; LFkk;h vkfLr;k¡¼blesa QuhZpj vkSj tqM+ukj lfEefyr gSa½ewY; ¼vFk 'ks"k½ 3044978 2487771o"kZ ds nkSjku ifjo/kZu 803901 613756o"kZ ds nkSjku dVkSfr;k¡ &47522 &56549v|ru ewY;ºkzl &2327209 &1948104tksM+ 2 1474148 1096874dqy tksM+ ¼1+2½ 9948284 10027150


vuqlwph 11 & vU; vkfLr;k¡ 31-3-2015 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½


I- varj&dk;kZy; lek;kstu ¼fuoy½ 0 0I- çksn~Hkwr C;kt 5333156 5612110II- vfxze :i ls lanÙk@lzksr ij dkVk x;k dj 3945566 3361796III ys[ku lkexzh vkSj LVkEi 46329 44260IV- nkoksa dh larqf"V esa çkIr dh xbZ xSj cSaddkjh vkfLr;k¡ 0 0V- vU; 9846896 7466050tksM+ 19171947 16484216

Punjab & Sind Bank



SCHEDULE 10 - FIXED ASSETS AS ON 31.03.15[Audited]


I. Premises Cost [Opening Balance] 823714 717858 Appreciation in cost on account of revaluation 8545280 7666013Sub-Total 9368994 8383871Additions during the year Original Cost 45403 105856 Revaluation Cost 0 8545278Deductions during the year on Original Cost 0 0 Revaluation Cost 0 -7666013Less Depreciation to date on Original cost -240496 -201028 Revaluation cost -699765 -237688Total-I 8474136 8930276II. Other Fixed Assets (including Furniture & Fixtures) Cost [Opening Balance] 3044978 2487771 Additions during the year 803901 613756 Deductions during the year -47522 -56549 Depreciation to date -2327209 -1948104Total II 1474148 1096874TOTAL I & II 9948284 10027150


SCHEDULE 11 - OTHER ASSETS AS ON 31.03.15[Audited]


I. Inter-office adjustments [net] 0 0II. Interest accrued 5333156 5612110III. Tax paid in advance/ Tax deducted at source 3945566 3361796IV. Stationery & Stamps 46329 44260V. Non Banking assets acquired in satisfaction of claims 0 0VI. Others 9846896 7466050TOTAL 19171947 16484216

iatkc ,.M fla/ cSad



vuqlwph& 12 & vkdfLed ns;rk,a 31-3-2015 dh fLFkfr ds vuqlkj ¼ys[kk ijhf{kr½


I- cSad fo#} ,sls nkos ftUgsa _.k ds :i esa Lohdkj ugha fd;k x;k gS 33700 38279II- va'kr% çnÙk fuos'kksa ds fy, ns;rk 0 0III- cdk;k ok;nk fons'kh fofue; lafonkvksa ds fy, ns;rk 118961774 71049040IV la?kVdksa dh vksj ls nh xbZ çfrHkwfr;k¡d½ Hkkjr esa 20706192 20753830[k½ Hkkjr ds ckgjV- Loh—fr;k¡] i`"Bkadu rFkk vU; ck/;rk,a 1582061 3671688 VI vU; ensa] ftuds fy, cSad vkdfLed :i ls mÙkjnk;h gS 2931879 4777881tksM+ 144215606 100290718


vuqlwph 13 & vftZr C;kt 31-3-2015 dks lekIr o"kZ ¼ys[kk ijhf{kr½

31-3-2014 dks lekIr o"kZ ¼ys[kk ijhf{kr½

I- C;kt@vfxzeksa ij fefrdkVk@fcy 63748107 59776705II- fuos'kksa ij vk; 21362770 18801850III- Hkkjrh; fjt+oZ cSad ds vfr'ks"kksa vkSj vU; vUrj cSad fuf/k;ksa ij C;kt 646915 820314IV vU; 127679 328196tksM+ 85885471 79727065

¼000 dks NksM+dj½

#i, #i,vuqlwph 14 & vU; vk; 31-3-2015 dks lekIr

o"kZ ¼ys[kk ijhf{kr½31-3-2014 dks lekIr

o"kZ ¼ys[kk ijhf{kr½

I deh'ku] fofue; vkSj nykyh 763995 745335II fuos'kksa ds foØ; ij ykHk ¼fuoy½ 1336627 1253713III Hkwfe] Hkou rFkk vkfLr;ksa ds foØ; ij ykHk ¼fuoy½ 402 1505IV fofue; ysu&nsu ij ykHk ¼fuoy½ 343741 349042V- fofo/k vk; 1842763 1923213tksM+ 4287528 4272808


vuqlwph 15 & vifpr C;kt 31-3-2015 dks lekIr o"kZ ¼ys[kk ijhf{kr½


I tekjkf'k;ksa ij C;kt 66960328 61166001II Hkkjrh; fjt+oZ cSad@varj cSad m/kkjksa ij C;kt 643121 587866III vU; 1490076 1767375tksM+ 69093525 63521242

Punjab & Sind Bank



SCHEDULE 12 - CONTINGENT LIABILITIES AS ON 31.03.15[Audited]


I. Claims against the bank not acknowledged as debts 33700 38279 II. Liability for partly paid investments 0 0III. Liability on account of outstanding forward exchange contracts 118961774 71049040IV. Guarantees given on behalf of Constituents a) In India 20706192 20753830 b) Outside India V. Acceptances, Endorsements and other obligations 1582061 3671688 VI. Other items for which the bank is contingently liable 2931879 4777881TOTAL 144215606 100290718


SCHEDULE 13 - INTEREST EARNED Year Ended 31.03.15[Audited]

Year Ended 31.03.14[Audited]

I. Interest/discount on advances/ bills 63748107 59776705II. Income on investments 21362770 18801850III. Interest on balances with Reserve Bank of India and other inter-bank funds 646915 820314 IV. Others 127679 328196TOTAL 85885471 79727065

(000'S OMITTED)

Rs. Rs.

SCHEDULE 14 - OTHER INCOME Year Ended 31.03.15[Audited]


I. Commission, exchange and brokerage 763995 745335II. Profit on sale of Investments [net] 1336627 1253713III. Profit on sale of land, buildings and other assets [net] 402 1505IV. Profit on exchange transactions [net] 343741 349042V. Miscellaneous Income 1842763 1923213TOTAL 4287528 4272808


SCHEDULE 15 - INTEREST EXPENDED Year Ended 31.03.15[Audited]


I. Interest on deposits 66960328 61166001 II. Interest on Reserve Bank of India/inter-bank borrowings 643121 587866III. Others 1490076 1767375TOTAL 69093525 63521242

iatkc ,.M fla/ cSad



vuqlwph 16 & ifjpkyau O;; 31-3-2015 dks lekIr o"kZ ¼ys[kk ijhf{kr½


I deZpkfj;ksa dks Hkqxrku vkSj çko/kku 8743349 8562324 II fdjk;k] dj vkSj jks'kuh 1070651 880003III eqæ.k ,oa ys[ku lkexzh 94922 87635IV foKkiu vkSj çpkj 22381 21709V cSad dh lEifr ij ewY;ºkzl 922454 603320?kVk % iquewZY;u vkjf{kr fuf/k ls varj.k 462077 237688

460377 365632VI funs'kdksa dk 'kqYd] HkÙks vkSj O;; 2156 4088VII ys[kk ijh{kdksa dh Qhl vkSj O;;¼blesa 'kk[kk ys[kk ijh{kdksa dh Qhl vkSj O;; 'kkfey gSa½

90614 86112

VIII fof/k çHkkj 143259 105015IX Mkd [kpZ] rkj vkSj VsyhQksu vkfn 90121 87858X ejEer vkSj vuqj{k.k 146184 145648XI chek 790339 694578XII vU; O;; 1670623 1432610tksM+ 13324976 12473212

Punjab & Sind Bank



SCHEDULE 16 - OPERATING EXPENSES Year Ended 31.03.15[Audited]


I. Payments to and provisions for employees 8743349 8562324 II. Rent, taxes and lighting 1070651 880003 III. Printing and stationery 94922 87635 IV. Advertisement & publicity 22381 21709 V. Depreciation on Bank's property 922454 603320 Less: Transfer from Revaluation Reserve 462077 237688

460377 365632 VI. Directors' fees, allowances and expenses 2156 4088 VII. Auditors' fees and expenses (including branch auditors' fee & expenses) 90614 86112VIII. Law Charges 143259 105015 IX. Postages, Telegrams, Telephones etc. 90121 87858 X. Repairs & maintenance 146184 145648 XI. Insurance 790339 694578 XII. Other expenditure 1670623 1432610TOTAL 13324976 12473212

iatkc ,.M fla/ cSad


vuqlwph & 17

çeq[k ys[kk uhfr;k¡

1- lkekU;

ewy&Hkwr vk/kkj

foÙkh; fooj.kksa dks ys[kk mip; vk/kkj ij ,sfrgkfld ykxr ijaijk tgk¡ vU;Fkk Li"V u fd;k x;k gks ,oa lkekU; :i ls Loh—r ys[kk fl)krksa] cSaddkjh fofu;eu vf/kfu;e] 1949 ds varxZr fu/kkZfjr lkafof/kd vko';drkvksa] Hkkjrh; fjt+oZ cSad }kjk le;≤ ij tkjh ifji=ksa ,oa fn'kk&funsZ'kksa rFkk daifu;ksa }kjk vf/klwfpr ys[kk ekudksa ¼ys[kk ekinaMksa½ fu;eksa] 2006 Hkkjr esa cSafdax m|ksx esa ykxw vkSj orZeku dk;Zdykiksa ds vk/kkj ij rS;kj ,oa çLrqr fd;k x;k gSA

çkdYyu dk mi;ksx

çca/ku dks fjiksVZ dh xbZ fopkjk/khu vkfLr ,oa ns;rkvksa ¼vkdfLed ns;rkvksa lfgr½ dh jkf'k vkSj fjiksVZ dh vof/k esa fjiksVZ fd, x, vk; rFkk O;; vkSj foÙkh; foojf.k;ksa dh frfFk ds vuqlkj] dks cukus esa vuqeku vkSj dYiuk djuh iM+rh gSA çca/ku fo'okl djrk gS fd foÙkh; foojf.k;ksa dks cukus esa fd, x, vuqeku foosdiw.kZ rFkk mfpr gSaA

2- fons'kh eqæk ysu&nsu

2-1 fons'kh eqækvksa okyh leLr ekSfæd vkfLr;ksa rFkk ns;rkvksa dk Hkkjrh; #i;s esa ifjorZu rqyu&i= dh fnukad dks ykxw fofue; njksa ij fd;k x;k gS] ftUgsa Hkkjrh; fons'kh fofue; O;kikjh la?k ¼QSMkbZ½ }kjk vf/klwfpr fd;k x;k FkkA blds ykHk&gkfu dh x.kuk ykHk&gkfu [kkrs esa dh xbZ gSA

2-2 cdk;k fons'kh eqæk lkSns dks lkSns dh frfFk dks çpfyr fofue; nj ds vuqlkj fd;k x;k gS A ,sls lkSnksa esa ykHk ;k gkfu dh lax.kuk QSMkbZ ds }kjk nh xbZ njksa ij rFkk QSMkbZ ds fn'kk&funsZ'kksa rFkk ,-,l- 11 ds iSjk 38 ds çko/kkuksa ds vuqlkj dh xbZ gSA

2-3 fons'kh fofue; ysu&nsu ls lacaf/kr vk; ,oa O;; enksa dks dkjksckj ds fnu ykxw fofue; njksa ij ifjofrZr fd;k x;k gSA

2-4 Loh—fr] i`"Bkadu rFkk vU; nkf;Roksa ij vkdfLed ns;rk,a] fons'kh eqæk xkjaVh ,oa lk[k&i= dk ewY;kadu QSMkbZ }kjk okf"kZd laoj.k dh fnukad dks tkjh njksa ij fd;k x;k gS tcfd lekgj.k ds fy, fcyksa dks çLrqfrdj.k ds le; vuqekfur njksa ij ys[kkc) fd;k x;k gSA

3- fuos'k

3-1 fuos'k ls lacaf/kr oxhZdj.k rFkk ewY;kadu dks Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr foosd'khy ekunaMksa ds vuq:i fd;k x;k gS tksfd Hkkjrh; fjt+oZ cSad }kjk fn, x, Li"Vhdj.kksa@fn'kk&funsZ'kksa ds vuq:i gSA

3-2 leLr fuos'k lafoHkkx dks rhu Hkkxksa esa oxhZ—r fd;k x;k gS tSls îfjiDork rd j[kuk* ^fcØh ds fy, miyC/k* rFkk ^Ô;kikj gsrq j[kuk** tksfd Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa@funsZ'kksa ds vuq:i gSA bu rhuksa oxksaZ ds varxZr fuos'kksa dk çdVhdj.k fuEukafdr Ng oxhZdj.kksa ds vuq:i fd;k x;k gS%

I. ljdkjh çfrHkwfr;kaII. vU; vuqeksfnr çfrHkwfr;k¡III- 'ks;jIV. _.ki= ¼fMcsUplZ½V. lgk;d bZdkb;k¡@la;qä miØe rFkkVI. vU;

3-3 oxhZdj.k dk vk/kkj

I. ,sls fuos'k ftUgsa cSad ifjiDork rd j[kus dk bjknk j[krk gks] mUgsa îfjiDork rd j[kuk* ds :i esa oxhZ—r fd;k x;k gSA

II. ,sls fuos'k ftUgsa [kjhnus dh rkjh[k ls 90 fnuksa ds Hkhrj lS)kafrd :i ls iqu% foØ; ds fy, j[kk gks] mUgsa` Ô;kaikj ds fy, j[kus* ds :i esa oxhZ—r fd;k x;k gSA

III. ,sls fuos'k tks mä nksuksa Jsf.k;ksa esa oxhZ—r ugha gksa] mUgsa; ''foØ; ds fy, miyC/k** ds :i esa oxhZ—r fd;k x;k gSA

IV. fuos'kksa dks [kjhnrs le; mä rhuksa Jsf.k;ksa esa oxhZ—r fd;k tkrk gSA ,d oxZ ls nwljs oxZ esa çfrHkwfr;ksa dk varj.k lkekU;r% cksMZ ds vuqeksnu ls o"kZ esa ,d ckj fd;k tkrk gSA varj.k dh frfFk dks vf/kxzg.k ykxr ls de ewY;@cghewY;@cktkj ewY; ij varfjr fd;k x;k gS rFkk bl çdkj ds varj.k ij ewY; ºzkl ij çko/kku iw.kZr;k fd;k x;k gS vkSj çfrHkwfr;ksa ds vafdr ewY;ksa esa rnuqlkj ifjorZu fd;k x;k gSA

Punjab & Sind Bank


SCHEDULE 17SIGNIFICANT ACCOUNTING POLICIES 1. General BASIS OF PREPARATION The financial statements have been prepared and presented under historical cost convention on accrual basis of accounting unless

otherwise stated and comply with Generally accepted accounting principles, statutory requirements prescribed under Banking Regulation Act, 1949, circulars and guidelines issued by Reserve Bank of India from time to time and notified accounting standards by companies (Accounting Standards) Rules, 2006 to the extent applicable and current practices in Banking Industry in India.

USE OF ESTIMATES The preparation of financial statements requires the management to make estimates and assumptions considered in the

reported amounts of assets and liabilities (including contingent liabilities) as of date of the financial statements and the reported income and expenses for the reporting period. Management believes that the estimates used in the preparation of the financial statements are prudent and reasonable.

2. Foreign Exchange Transactions2.1 All the Monetary assets and liabilities in foreign currencies are translated in Indian rupees at the exchange rates prevailing

at the Balance Sheet date as notified by Foreign Exchange Dealers Association of India (FEDAI). The resultant gain / loss is accounted for in the Profit & Loss account.

2.2 The outstanding foreign exchange contracts are stated at the prevailing exchange rate on the date of commitment. Profit or loss on such contracts is accounted for as per rates advised by FEDAI and in accordance with FEDAI guidelines and provisions of para 38 of AS-11.

2.3 Items of Income and expenditure relating to foreign exchange transactions are recorded at exchange rates prevailing on the date of the transactions.

2.4 Contingent liabilities on account of acceptances, endorsements and other obligations including guarantees in foreign currencies are valued at year end closing rates published by FEDAI except Bills for Collection which are accounted for at the notional rates at the time of lodgment.

3. Investments3.1 Classification and valuation of investments are made in accordance with the prudential norms prescribed by Reserve Bank of

India read with clarifications / directions given by RBI. 3.2 The entire investment portfolio is classified into three categories, viz, Held to Maturity, Available for Sale and Held for Trading

in line with the guidelines / directions of Reserve Bank of India. Disclosure of the investments under the three categories mentioned above is made under six classifications viz.,i. Government Securitiesii. Other approved securitiesiii. Sharesiv. Debenturesv. Subsidiaries / Joint Ventures andvi. Others

3.3 Basis Of Classification: i. Investments that the Bank intends to hold till maturity are classified as Held to Maturity.ii. Investments that are held principally for resale within 90 Days from the date of purchase are classified as Held for Trading.iii. Investments which are not classified in the above two categories, are classified as Available for Sale.iv. An investment is classified under the above three categories at the time of its purchase. Shifting of securities from

AFS to HTM and vice versa can be done with the approval of the Board normally once in a year. Shifting is effected at the lower of acquisition cost / book value / market value on the date of transfer and the depreciation, if any, on such shifting is fully provided for and the book value of securities is changed accordingly.

iatkc ,.M fla/ cSad


3-4 çfrHkwfr;k¡] ftUgsa **ifjiDork rd j[kuk gS** mudk vf/kxzg.k ykxr ewY; ij fy;k x;k gSA ;fn ykxr ewY; vafdr ewY; ls vf/kd gS rks çhfe;e Lor% ifjiDork dh 'ks"k vof/k ds Hkhrj ifj'kks/kuh; gSA ,sls ifj'kks/ku dks vuqlwph 13 en II esa **fuos'kksa ij vk;** 'kh"kZ ds varxZr n'kkZ;k x;k gSA tgk¡ ykxr ewY; çfrnku ewY; ls de gS] ogk¡ varj olwyh ;ksX; u gksus ds dkj.k bl vk; dks ugha fy;k x;k gSA lgk;d bZdkb;k¡ rFkk la;qä miØe ds fuos'k ds ewY; esa vLFkk;h rkSj ij vkbZ deh ds fy, çR;sd fuos'k gsrq vyx&vyx fy;k x;k gSA

3-5 **fcØh gsrq miyC/k** [kkrs ds varxZr çfrHkwfr;ksa dk ewY;kadu fLØi&okj fd;k x;k gS rFkk ºkzl@o`f) dks Js.kh okj i`Fkd fd;k x;k gSA 'kq) o`f) dks 'kkfey ugha fd;k x;k gS tcfd çR;sd Js.kh esa 'kq) ºkzl dk çko/kku fd;k x;k gSA

3-6 **O;kikj gsrq j[kh xbZ çfrHkwfr;ksa** dk ewY;kadu cktkj ewY; ij fd;k x;k gS ,oa çR;sd oxZ esa 'kq) ewY;ºkzl dks yxk;k x;k gS rFkk 'kq) o`f)] ;fn dksbZ gS] dks 'kkfey ugha fd;k x;k gSA

3-7 fuos'kksa dh ykxr oxZ ds vuq:i Hkkfjr vkSlru ykxr fof/k ij vk/kkfjr gSA

3-8 **fcØh gsrq miyC/k** ,oa ^O;kikj gsrq j[kh xbZ çfrHkwfr* Js.kh ds vUrxZr çfrHkwfr;ksa ds fuos'k ewY; dks"k **cktkj nj** fu/kkZj.k gsrq LV‚d ,Dlpsatksa ij fn, x, Hkko njksa ds vuq:i Hkkjrh; fjt+oZ cSad dh ewY; lwph] çkbejh MhylZ ,lksfl,'ku v‚Q bafM;k ¼ih-Mh-,-vkbZ½ dh fQDlM bUde euh ekfdZV ,aM MsfjosfVo ,lksfl,'ku v‚Q bafM;k ds lkFk la;qä :i ls fu/kkZfjr fd, x, ewY;ksa ds vuq:i fd;k x;k gSA

voxhZ—r fuos'kksa ds laca/k esa fuEu çfØ;k viukbZ xbZ gS%

d- Òkjr Lkjdkj dh ÁfrÒwfr;ka fQEMk / ihMh,vkbZ }kjk nh xbZ njksa ijA

[k- jkT; Lkjdkj _.k] vU; vuqe¨fnr ÁfrÒwfr;ka] vf/keku 'ks;jksa] _.k i=ksa rFkk ih-,Lk-;w ck.MLk

fQEMk@ihMh,vkbZ }kjk nh xbZ njksa ds vuq:i ¼okbZ-Vh-,e-½ ij ykÒ ds vk/kkj ij t¨fd ihMh,vkbZ@ fQEMk ,oa Òkjrh; fjt+oZ cSad }kjk fu/kkZfjr fd, x, gSaA

x- bZfDoVh 'ks;LkZ uohure rqyu –i= ij vk/kkfjr czsdvi ewY; ds vk/kkj ij, t¨ fd ewY;kadu dh frfFk ij ,d o"kZ Lks iqjkuh ugÈ gSA ,sLks Ádj.kksa esa tgka ij uohure rqyu-i= miyC/k ugÈ gS 'ks;jksa dk ewY; 1/- :i;s Áfr dEiuh ekuk x;k gSA

?k- E;wpqvy QaM ;wfuV~Lk % iqu% Ø; ewY; ij ;k 'kq) vkfLr ewY; ijA

M+- Vªstjh fcy] okf.kfT;d i=] tek Áek.k i=] iqu%iwathxr ckaM~Lk] Lkgk;d Lka;qä miØe

'kq) ykxr ij A

3-9 fuos'kksa ds vf/kxzg.k ewY; dk fu/kkZj.k%

d- vfHknku ds le; çkIr çksRlkgu dks çfrHkwfr;ksa dh ykxr ls ?kVk;k x;k gSA

[k- çfrHkwfr;ksa ds vf/kxzg.k ij O;; dh xbZ nykyh@deh'ku@LVkai MîwVh dks jktLo O;; esa fy;k x;k gSA

x- fuos'kksa ds vf/kxzg.k ij fn, [kafMr vof/k ds çnÙk C;kt dks] ;fn dksbZ gks] ykHk&gkfu [kkrs ds ukes Mkyk x;k gSA çfrHkwfr;ksa dh fcØh ij çkIr [kafMr vof/k ds C;kt dks C;kt vk; ekuk x;k gSA

3-10 fuos'kksa dh fcØh ls ykHk&gkfu dks ykHk ,oa gkfu [kkrs esa fy;k x;k gSA fQj Hkh] ^^ifjiDork rd j[kuk** Js.kh esa fuos'kksa dh fcØh ls vk; ij ykHk dh fLFkfr esa blds lerqY; ykHk jkf'k dks vkjf{kr iwath esa fofu;ksftr fd;k x;k gSA

3-11 xSj&fu"ikfnr çfrHkwfr;k¡%

xSj&fu"ikfnr çfrHkwfr;ksa ds laca/k esa vk; dh igpku ugha dh xbZ gS rFkk ,slh çfrHkwfr;ksa ds ewY; esa Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kkuqlkj ewY;ºkzl ds fy, mi;qä çko/kku fd;s x;s gSaA

3-12 'ks;jksa rFkk E;wpqvy QaM ij ykHkka'k vk; çkfIr ds vk/kkj ij vk; dh x.kuk dh tkrh gSA

3-13 ;fn fdlh ekeys esa] ^,,Q,l* vkSj ^,p,QVh* Jsf.k;ksa ij fdlh Hkh o"kZ esa ewY;&gkl ds dkj.k fd, x, çko/kku vko';d jkf'k ls vf/kd ik;k tkrk gS rks vfrfjä jkf'k dks ykHk ,oa gkfu [kkrsa esa tek dj fn;k tkrk gS vkSj mlds leku jkf'k dks vuqlwph 2 esa fuos'k vkjf{kr [kkrsa &ÞjktLo ,oa vU; vkjf{kfr;kaß ds 'kh"kZ ds varxZr Þvkjf{kr vkSj vf/k'ks"kß esa lek;ksftr dj fn;k tkrk gSA

Punjab & Sind Bank


3.4 Securities under ‘Held to Maturity’ are stated at acquisition costs unless such costs are higher than the face value, in which case the premium is amortized over the remaining period of maturity. Such amortization is shown under “Income on Investments– Schedule 13 item II. In case, the cost is less than the redemption value, the difference being the unrealized gain, is ignored. Any diminution in value of investments in subsidiaries and joint venture, other than temporary in nature, is provided for each investment individually

3.5 Securities under ’Available for sale’ are valued scrip wise and depreciation/ appreciation is segregated category wise. While net appreciation is ignored, net depreciation under each category is provided for.

3.6 Securities under 'Held for Trading' are valued at market price and the net depreciation under each category is provided for and the net appreciation, if any, is ignored.

3.7 Cost of investment is based on the weighted average cost method category wise. 3.8 The 'market value' for the purpose of valuation of investments included in the 'Available for Sale' and 'Held for Trading'

categories is the market price of the scrip as available from the trades/quotes on the stock exchanges, price list of RBI, prices declared by Primary Dealers Association of India (PDAI) jointly with the Fixed Income Money Market and Derivatives Association of India (FIMMDA).

In respect of unquoted securities, the procedure adopted is as below:

a. Government of India Securities: At rates put out by FIMMDA/PDAIb. State Government Loans, Other approved

Securities, Preference Shares, Debentures and PSU Bonds:

On yield to maturity (YTM) basis at the rate prescribed by FIMMDA/ PDAI with such mark ups as laid down by RBI or FIMMDA/PDAI

c. Equity Shares: At break-up value based on the latest Balance Sheet, which are not older than one year on the date of valuation. In cases where latest Balance Sheets are not available, the shares are valued at Re.1 per company

d. Mutual Fund Units: At re-purchase price or Net Assets Valuee. Treasury Bills, Commercial Papers,

Certificate of Deposits, Recapitalization Bonds, Subsidiaries, Joint Ventures and Sponsored Institutions:

At carrying cost.

3.9 In determining acquisition cost of investments:a. Incentive received on subscription is deducted from the cost of securities;b. Brokerage / commission/ stamp duty paid in connection with acquisition of securities are treated as revenue expenditure;c. Broken period interest, if any, paid on acquisition of investment is debited to profit & loss account. Broken period

interest received on sale of securities is recognized as Interest Income.3.10 Profit/ Loss on sale of investments is taken to profit and loss account. However, in case of profit on sale of investments in

'Held to Maturity' category, an equivalent amount of profit is appropriated to Capital Reserve. 3.11 Non Performing Investments In respect of Non-Performing Securities, income is not recognized and appropriate provision is made for depreciation in the

value of such securities as per Reserve Bank of India guidelines. 3.12 Dividend Income on shares and units of mutual funds is booked on receipt basis. 3.13 In the event, provisions created on account of depreciation in the ‘AFS’ or ‘HFT’ categories are found to be in excess of the

required amount in any year, the excess is credited to the P.& L. Account and an equivalent amount is appropriated to an Investment Reserve Account in Schedue 2 – “Reserve & Surplus” under the head “Revenue and Other Reserves”.

iatkc ,.M fla/ cSad


4- vfxze

4-1 Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr foosdiw.kZ ekunaMksa ds vuqlkj vfxzeksa dk oxhZdj.k fu"iknd rFkk xSj&fu"iknd vkfLr;ksa esa fd;k x;k gSA cSad us xSj fu"iknd vfLr;ksa ij izko/kku Hkk- fj- cSad }kjk fu/kkZfjr foosdiw.kZ ekunaMksa ds vuqlkj fuEu izdkj fd;k gSa%

vkfLr;ksa dh Js.kh çko/kku ekunaMvoekud vkjf{kr _.kksa ij 15%

* xSj&vkjf{kr _.kksa dk 25% * xSj&vkjf{kr _.kksa dk 20% vk/kkjHkwr [kkrksa ds laca/k esa] tgk¡ fuf'pr laj{k.k tSls fd fuyac [kkrs miyC/ka gSa

lafnX/k&I tekurh _.k ij 25%xSj&tekurh _.k ij 100%

lafnX/k&II tekurh _.k ij 40%xSj&tekurh _.k ij 100%

lafnX/k&III tekurh _.k ij 100%xSj&tekurh _.k ij 100%

gkfu cqd cdk;k dk 100%

* xSj&tekurh _.kksa dks ,sls _.k ifjHkkf"kr fd;k x;k gS tgk¡ cSad }kjk@vuqeksfnr ewY;kad@Hkkjrh; fjt+oZ cSad ds fujh{k.k vf/kdkfj;ksa }kjk vkjaHk ls gh çfrHkwfr dk ewY; _.k ls 10 çfr'kr ls vf/kd ugha gS vFkkZr cdk;k tksf[keA

4-2 vfxzeksa dks xSj&ekU;rk 'kq) C;kt ij of.kZr fd;k x;k gS rFkk vuqç;ksT; vfxzeksa ij çko/kku@rduhdh cês [kkrs ds vk/kkj ij fd;k x;k gSA Mh-vkbZ-lh-th-lh-@lh-th-Vh-,e-,l-bZ@bZ-lh-th-lh- ls çkIr nkoksa dks muds lek;kstu@rduhdh :i ls cês [kkrs Mkyus rd bl çdkj ds vfxzeksa esa ls de ugha fd;k x;k gSA tcfd ,uih, [kkrksa esa vkaf'kd olwyh dks vfxzeksa esa ls ?kVk;k x;k gSA

4-3 ekud vfxzeksa ij çko/kku fd;k x;k gS rFkk mUgsa Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuqlkj ^vU; nkf;Roksa rFkk çko/kku* 'kh"kZ ds varxZr j[kk x;k gSA

4-4 vfxzeksa dh Hkqxrku vuqlwph iqu% cukus@iqu% fu/kkZfjr djus gsrq Hkkjrh; fjtoZ cSad ds fn'kk&funsZ'kkuqlkj çko/kku fd;k x;k gSA4-5 Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr fn'kk&funsZ'kksa ds vuqlkj vutZd [kkrksa dh fcØh dh tkrh gS%&

i½ tc cSad çfrHkwrhdj.k daiuh ¼,llh½@iqulZjpuk daiuh ¼vkjlh½ dks viuh foÙkh; vkfLr;ka csprk gS rks bldks cfg;ksa ls gVk fn;k tkrk gSAii½ ;fn fcØh dk ewY; dqy cgh ewY;¼,uchoh½ ¼vFkkZr cgh ewY; esa de çko/kku gS½ ls de gS rks bl deh dks fcØh fd, o"kZ ds

ykHk ,oa gkfu [kkrs dks MsfcV fd;k tkrk gSAiii½ ;fn fcØh dk ewY; dqy cgh ewY;¼,uchoh½ ls vf/kd gS rks vfrfjä çko/kku dks ml o"kZ esa çR;kofrZr dj fn;k tkrk gS

ftlesa ;g jkf'k çkIr gqbZ FkhA5- vLFkkbZ çko/kku

Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuq:i] cSad ds ikl vfxzeksa ,oa fuos'kksa gsrq vLFkkbZ çko/kkuksa dks vyx ls cukus vkSj mi;ksx ds fy, ,d vuqeksfnr uhfr gSA çR;sd foÙkh; o"kZ dh lekfIr ij] cuk, tkus okys vLFkkbZ çko/kkuksa dk vkdyu fd;k tk,xkA Hkkjrh; fjt+oZ cSad dh iwoZ vuqefr ls] vLFkkbZ çko/kkuksa dk mi;ksx fo'ks"k ifjfLFkfr;ksa esa vkdfLedrkvksa gsrq fd;k tk,xkA

6- vpy vkfLr;ka%6-1 ifjlj rFkk vU; vpy vkfLr;ksa dks ijaijkxr ykxr iwuewZY;u [kkrksa esa fy;k x;k gSA ifjlj ftuesa Hkwfe rFkk Åijh Hkkx esa vUrj

fd;k tkuk lEHko ugha Fkk] Åijh Hkkx ds ewY; esa o`f) dks 'kkfey fd;k x;k gSA6-2 LFkkbZ iês ij fy;s x, ifjljksa dks iw.kZ LokfeRo okyk ifjlj ekuk x;k gSA7- vpy vkfLr;ksa ij ewY;ºkzl%7-1 ewY;ºkzl fuEukuqlkj yxk;k x;k gSa%7-1-1 daI;wVj ij lh/kh dVkSrh ç.kkyh ds vuqlkj 33-33% ifjo/kZu ij iwjs o"kZ dk ewY;ºkzl yxk;k x;k gS pkgs Hkkjrh; fjt+oZ cSad ds

fn'kk&fuZns'kksa ds vuqlkj ifjo/kZu dh tks Hkh frfFk gksA7-1-2 vk;dj vf/kfu;e] 1961 }kjk fu/kkZfjr njksa ds vuqlkj vU; vpy vkfLr;ksa ij ewY;ºkzl ?kVrh dher i)fr ij yxk;k x;k gSA 30 flrEcj ls

iwoZ gksus okys ifjo/kZu ij iwjs o"kZ dk ewY;ºkzl yxk;k x;k gS rFkk blds i'pkr gksus okys ifjo/kZu ij vk/ks o"kZ dk ewY;ºkzl yxk;k x;k gSA

Punjab & Sind Bank


4. Advances 4.1 Advances are classified into “Performing” and “Non-Performing” assets and provisions are made as per the prudential norms

prescribed by the Reserve Bank of India. Bank has made provisions on Non-Performing Assets as per the prudential norms prescribed by the RBI as under:

Category of Assets Provision norms

Sub-Standard

15% on Secured Exposure. 25% on Unsecured Exposure*20% on Unsecured Exposure* in respect of Infrastructure loan accounts where certain safeguards such as escrow accounts are available

Doubtful-I 25% on Secured100% on Unsecured

Doubtful-II 40% on Secured100% on Unsecured

Doubtful-III 100% on Secured100% on Unsecured

Loss 100% of Book Outstanding

* Unsecured exposure is defined as an exposure where the realizable value of the security, as assessed by the bank/ approved valuers/ Reserve Bank’s Inspecting Officers, is not more than 10 per cent, ab-initio, of the outstanding exposure.

4.2 Advances are stated net of de-recognized interest and provisions/ Technical write off made in respect of non-performing advances. Claims received from DICGC/ CGTMSE/ ECGC are not reduced from such advances till adjusted/ technically written-off whereas part recovery in all NPA accounts is reduced from advances.

4.3 Provisions on standard advances are made and are included under “Other Liabilities and Provisions” as per RBI’s guidelines.4.4 For restructured/ rescheduled advances, provisions are made in accordance with the guidelines issued by RBI. 4.5 The sale of NPA is accounted for as per guidelines prescribed by RBI:-

i). When the bank sells its financial assets to Securitization Company (SC)/ Reconstruction Company (RC), the same is removed from the books.

ii). If the sale is at a price below the net book value (NBV) (i.e. book value less provisions held), the shortfall is debited to the Profit & Loss account of the year of sale.

iii). If the sale is for a value higher than the NBV, the excess provision is reversed in the year the amounts are received. 5. Floating Provisions In accordance with the RBI guidelines, the bank has an approved policy for creation and utilization of floating provisions

separately for advances and investments. The quantum of floating provisions to be created would be assessed, at, the end of each financial year. The floating provisions would be utilized only for contingencies under extra ordinary circumstances specified in the policy with prior permission of Reserve Bank of India.

6. Fixed Assets6.1 Premises and other Fixed Assets are stated at historical cost/revalued amount. In respect of premises, where segregation is

not possible between land and superstructure, are considered in the value of superstructure. 6.2 Premises taken on perpetual lease are considered as freehold premises and are not amortized. 7. Depreciation on Fixed Assets7.1 Depreciation is provided for on -7.1.1 Computers at 33.33%, on straight-line method; additions are depreciated for the full year irrespective of the date of addition

as per RBI guidelines. 7.1.2 Other Fixed assets on written down value method at the rates prescribed by the Income Tax Act 1961; additions effected

before 30th September are depreciated for full year and additions effected thereafter are depreciated for half year.

iatkc ,.M fla/ cSad


7-1-3 tgk¡ dgha Hkou ds Åijh Hkkx ls 'ks"k Hkwfe dk ewY; i`Fkd djuk laHko ugha Fkk] ogk¡ ifjljksa dk ewY; lfEeJ ewY; ij fy;k x;k gSA

7-2 o"kZ ds nkSjku csph xbZ@fuiVkbZ xbZ vkfLr;ksa ij dksbZ çko/kku ugha fd;k x;k gSA

7-3 vkfLr;ksa esa gksus okys iquewZY;u ds ewY;ºkzl ds cjkcj dh jkf'k dks iquewZY;u lap;h [kkrs ls ykHk&gkfu [kkrs esa varfjr dj fn;k x;k gSA

8- jktLo ekU;rk%

8-1 tgk¡ vU;Fkk of.kZr u gks] vk; vkSj [kpksaZ dks mip; vk/kkj ij fy;k x;k gSA

8-2 Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr foosdiw.kZ ekun.Mksa ds vuqikyu esa vuqç;ksT; vkfLr;ksa ij gksus okyh vk; dk ewY;kadu olwyh vk/kkj ij fd;k x;k gSA

8-3 vuqç;ksT; [kkrksa esa vkaf'kd olwyh ls igys ewy jkf'k rFkk mlds i'pkr C;kt dks lek;ksftr fd;k x;k gSA

8-4 xkjafV;ksa rFkk tkjh lk[k&i=ksa ls vk;] y‚dj fdjk;k] epsaZV cSafdax] ysu&nsu ls vk;] eqæk&varj.k lsok] va'kksa ij ykHkka'k] vk;dj dh okilh ij C;kt] ØsfMV dkMZ deh'ku] vfrns; fcyksa ij C;kt] çkslsflax Qhl] ljdkjh ysu&nsu ftlesa isa'ku ds laforj.k rFkk E;wpqvy Q.M mRikn ds ;wfuVksa dh vk; 'kkfey gS] dh lax.kuk dks çkfIr vk/kkj ij fy;k x;k gSA

8-5 _.k [kkrksa ds iw.kZ :i ls lek;ksftr gksus ds le; [kkrksa ds lek/kku ij nh xbZ NwV dks [kkrksa esa fy;k x;k gSA

8-6 vfrns; lkof/k tek jkf'k;ksa ij C;kt dh x.kuk cpr cSad tek [kkrs ij ykxw C;kt nj ij dh xbZ gSA

8-7 iêk djkj ds uohdj.k ij o`f)'khy iêk fdjk, ds laca/k esa ns;rk dh x.kuk iês ds uohdj.k ds le; dh xbZ gSA

8-8 Vh;j & II iw¡th esa mUU;u ds dkj.k ckaM tkjh djus laca/kh O;;ksa dks vkLFkfxr jktLo O;; ekuk x;k gS ftUgsa ik¡p o"kZ dh vof/k esa cês [kkrs Mkyk tkuk gSA

8-9 'ks;j fuxZe O;;ksa dks 'ks;j çhfe;e [kkrs ls lek;ksftr fd;k x;k gSA

9- deZpkjh lsok fuo`fÙk ykHk%

9-1 xzsP;qVh QaM] isa'ku QaM rFkk vodk'k udnhdj.k QaM esa okf"kZd va'knku dk çko/kku chekafdd ewY;kadu ds vk/kkj ij fd;k gSA

9-2 fnukad 01-04-2010 ;k mlds ckn lfEefyr deZpkfj;ksa dks U;w isa'ku ;kstuk esa 'kkfey fd;k x;k gSA

10- vkfLr;ksa dk gkzl

LFkk;h vkfLr;ksa ¼iquewZY;kafdr vkfLr;ksa lfgr½ ij gkzflr gkfu ¼;fn dksbZ gS½ dh igpku vkbZlh,vkbZ }kjk tkjh ,,l 28 ¼vkfLr;ksa dk gkl½ ds vuqlkj dh tkrh gS vkSj ykHk ,oa gkfu [kkrs dks ukes dh tkrh gSA

11- vk; ij dj %

11-1 pkyw vk; dj dks ykxw dj njksa rFkk fof/kd fu.kZ;ksa@ijke'kZ gsrq nh tkus okyh jkf'k ds vk/kkj ij vkadk x;k gSA

11-2 ,,l 22 & vkLFkfxr&dj vuqlkj bl vof/k dh vk; x.kuk rFkk dj ;ksX; vk; ds chp esa le; varj ds dkj.k dj&ifjdyu ij iM+s çHkko dks 'kkfey fd;k x;k gS rFkk vkLFkfxr dj&vkfLr;ksa ds laca/k esa bldk ewY;kadu ;Fkksfpr çfrQy dks /;ku esa j[k dj fd;k x;k gSA

Punjab & Sind Bank


7.1.3 Cost of premises is taken composite, wherever it is not possible to segregate the cost of land from the cost of the superstructure.

7.2 No depreciation is provided on assets sold/disposed of during the year. 7.3 Amount equivalent to depreciation attributable to revalued portion of the assets is transferred from Revaluation Reserve

Account to the Profit & Loss Account. 8. Revenue Recognition8.1 Income and expenditure are accounted for on accrual basis unless otherwise stated. 8.2 Income on non-performing assets is recognized on realization basis in accordance with the prudential norms prescribed by

Reserve Bank of India. 8.3 Partial recovery in non-performing assets is appropriated first towards principal and thereafter towards interest. 8.4 Income on guarantees and letters of credit issued, locker rent, income from merchant banking transactions, money transfer

services, dividend on shares, Interest on refund of income tax, commission on credit card, interest on overdue bills, processing fee, Government business including distribution of pension and income from units of mutual fund products and income from ATM operations are accounted for on receipt basis.

8.5 Rebate on compromised accounts is accounted for at the time of full and final adjustment of the account. 8.6 Interest on overdue Term Deposits is provided at the rate of interest applicable to Savings Bank Deposits. 8.7 Liability in respect of incremental lease rent on renewal of lease agreement is accounted for at the time of renewal of the

lease.8.8 Bond Issue Expenses incurred in connection with raising Tier-II Capital are treated as Deferred Revenue Expenditure to be

written off over a period of five years. 8.9 Share Issue Expenses are adjusted against the Share Premium Account 9. Staff Retirement Benefits9.1 Annual contribution to Gratuity Fund, Pension Fund and Leave Encashment Fund are provided for on the basis of an actuarial

valuation. 9.2 The Employees joining on or after 01.04.2010 are being covered under the New Pension Scheme.10. Impairment of Assets Impairment losses (if any) on Fixed Assets (including revalued assets) are recognized in accordance with AS 28 (Impairment

of Assets) issued by the ICAI and charged off to Profit and Loss Account.11. Taxes on Income11.1 Current Income Tax is measured at the amount expected to be paid considering the applicable tax rates and favorable judicial

pronouncement/ legal opinions.11.2 In accordance with AS-22 Deferred Tax comprising of tax effect of timing differences between taxable and accounting income

for the period, is recognized keeping in view the consideration of prudence in respect of Deferred Tax Assets/Liabilities.

iatkc ,.M fla/ cSad


vuqlwph& 18

ys[kksa ls lacaf/kr fVIif.k;ka

1- cfg;ksa ds 'ks"k feyku vkSj mudk lek;kstu

1-1 dqNsd 'kk[kkvksa esa lgk;d cgh [kkrk 'ks"kksa ds lkFk fu;a=d [kkrksa ds 'ks"k feyku@lek;kstu dh çfØ;k py jgh gSA

1-2 var'kkZ[kk [kkrksa ¼vkbZchvkj+MhMh½ esa cdk;k çfof"V;ksa ds MsfcV&ØsfMV dk vkjafHkd feyku] ftls vardkZ;kZy; lek;kstu esa 'kkfey djds bl dk;Z ¼ftlesa cdk;k çfof"V;k¡ 'kkfey gSa½ dks 31-01-2015 rd fd;k x;k gS vkSj bldk lek;kstu dk;Z py jgk gSA

1-3 Mªk¶Vksa@ns; VhVh] ns;@çnÙk ykHkka'k okjaV] çkI;@ns; MsfcV uksV] vkjVhth,l ¼mpar½ bR;kfn ds lkFk [kkrksa dk lek;kstu dk dk;Z py jgk gSA Hkkjrh; fjt+oZ cSad dh 'krksaZ ds vuqlkj izko/kku dj fn;k gSA

çca/ku dh jk; esa] ykHk&gkfu [kkrs o rqyu&i= ij mä iSjk 1-1 ls 1-3 dk çHkko ;fn dksbZ gS] rks ux.; gksxkA

1-4 Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuq:i 30-09-2014 dh vof/k rd rFkk 31-03-2015 dks cdk;k varj 'kk[kk ds [kkrksa dh ukes rFkk tek çfof"V;ksa dks vyx vyx djus dk dk;Z cSad }kjk fd;k x;k gS ftlds ifj.kkeLo#i dqN 'kh"kksaZ esa dqy MsfcV ;k vU; 'kh"kksaZ esa dqy tek 'ks"k gSA N% eghuksa ls vf/kd dh vof/k dh fuoy ukes çfof"V;ksa ds laca/k esa çko/kku fd, x, gSA

var'kkZ[kk [kkrk esa fuoy tek 'ks"k ugha gS blfy, çko/kku dh vko';drk ugha gSA

1-5 cdk;k uksLVªks [kkrksa dh dqy fuoy tek dks fnukad 31 ekpZ 1996 dh fLFkfr ds vuq#i #-3-64 djksM+ ¼fiNys o"kZ #- 3-69 djksM+½ dks vo#} uksLVªks fofo/k nsunkj [kkrksa esa varfjr dj fn;k x;k gSA ftlesa ls #- 1-77 djksM+ dks 14-11-1989 dh vof/k ls igys ds cgh ewY; ij fy;k x;k gSA 01 vçSy 1996 ds i'pkr dh vof/k ds fy, 3 o"kksaZ ls vf/kd gsrq cdk;k #- 4-43 djksM+ dh jkf'k ¼iwoZ o"kZ #- 4-63 djksM+½ dks vlek;ksftr çfof"V;ksa ls vyx dj mUgsa vnkoh tek ¼uksLVªks½ [kkrs esa j[kk x;k gSA

2-1 fnukad 31-03-2015 dh fLFkfr ds vuqlkj #- 3-74 djksM+ dh okLrfod ykxr dh 5 ¼ikWap½ cSad dh laifÙk;ksa ds laca/k esa fof/kd vkSipkfjdrk,a vHkh iwjh gksuh 'ks"k gSA ¼fiNys o"kZ 5 laifÙk;ka 3-47 djksM+ dh Fkh½

3- iwath

o"kZ ds nkSjku lsch vkbZlhMhvkj fofu;eu ds vuqlkj Hkk-fj-cSad@fo-ea=ky; ls vko';rd Loh—fr çkIr djus ds ckn] cSad us #- 10@& okys 'ks;j ds 3]04]36]252 bfDoVh 'ks;jksa dk vkcaVu Hkkjrh; thou chek fuxr dks #- 59-14 çfr 'ks;j ds vuqlkj vf/keku 'ks;j ds :i esa vkcafVr fd,A

Hkkjrh; fjt+oZ cSad@foÙk&ea=ky; ls vko';d vuqeksnu çkIr djus mijkar lsch vkbZlhMhvkj fofu;eu ds vuqlkj fu/kkZfjr #- 59-16 çfr 'ks;j ds ewY;s ij #- 10@& çfr bZfDoVh 'ks;j vf/keku fuxZe ds ek/;ke ls #- 200@& djksM+ ds csfe;knh xSj&lap;h vf/keku 'ks;j] #- 200@& djksM+ ds csfe;knh lap;h vf/keku 'ks;j rFkk Hkkjr ljdkj }kjk j[kh xbZ #- 160@& djksM+ dh uoksUes"kh LFkkbZ _.k fy[kr dks 9]46]90]563 bZfDoVh 'ks;jksa esa cnyk x;k gSA

rnuqlkj cSad dh bfDoVh 'ks;j iwath #-125-13 djksM+ ls c<+h vkSj vc ;g #- 400-41 djksM+ gks xbZ vkSj 'ks;j çhfe;e #- 614-08 djksM+ ls c<+dj ¼çkIr 'ks;j çhfe;e #- 614-87 djksM+ ?kVk 'ks;j tkjh O;; #- 0-79 djksM+ #-1318-06 djksM+ gks x;k gSA

¼#- djksM+ esa½

ensa 2014&15 2013&14¼i½ lh vkj , vkj Vh;j&I iwath ¼ckly&II½ 8-51% 8-10%¼ii½ lh vkj , vkj Vh;j&II iwath ¼ckly& II½ 3-37% 4%¼iii½ dqy lh-vkj-,-vkj- ¼ckly& II½ 11-88% 12-10%¼iv½ lkekU; bfDoVh Vh;j&I iwath vuqikr ¼ckly&III½ 8-48% 7-27%¼v½ vfrfjä Vh;j&I iwath vuqikr ¼,Vh&I½ ¼ckly&III½ 0-00 0-34%¼vi½ lh-vkj-,-vkj-&Vh;j&I iwath vuqikr ¼ckly III½ 8-48% 7-62%

Punjab & Sind Bank


SCHEDULE 18

NOTES ON ACCOUNTS

1 Balancing of Books and Reconciliation.

1.1 In certain Branches, the balancing / reconciliation of control accounts with subsidiary ledgers is in progress.

1.2 Initial matching of debit and credit outstanding entries in Inter Branch Account (IBR+DD) Adjustments (including old outstanding entries) has been done up to 31.01.2015 and reconciliation is in progress.

1.3 Reconciliation of Drafts / TT payable, Dividend Warrants paid / payable, Debit Note Receivable/ Payable, RTGS (Suspense) etc. is in progress. Provisions have been made as per RBI norms.

In the opinion of the management, the impact of the above Para 1.1 to 1.3, if any, on the Profit & Loss Account and Balance Sheet though not quantifiable, will not be material.

1.4 In terms of Reserve Bank of India guidelines, segregation of Debit and Credit entries in Inter Branch Accounts pertaining to the period up to 30.09.2014 and remained outstanding as on 31.03.2015 has been done which has resulted in either net debit in some heads or net credit in other heads. Provision is to be made in respect of Net Debit entries outstanding for the period exceeding six months.

In Inter Branch Account there is net credit balance hence no provision is required to be made.

1.5 Aggregate net credit position in respect of outstanding NOSTRO Accounts relating to the period up to 31st March 1996 amounting to Rs.3.64 crore (previous year Rs 3.69 crore) has been transferred to Blocked Nostro Sundry Creditors Account out of which Rs1.77 crore for period prior to 14.11.1989 is being carried at old book value. Credit entries for the period after 1st April 1996 remaining outstanding for more than 3 years amounting to Rs.4.43 crore (previous year Rs.4.63 crore) have been segregated and kept in Blocked Unclaimed Nostro New Account.

2.1 Legal formalities are yet to be completed in respect of 5 (five) Bank’s properties having original cost of Rs.3.74 crore as on 31.03.2015 (Previous year 5 properties costing Rs.3.47 crore).

3. Capital

During the year, Bank has issued 3,04,36,252 Equity Shares of Rs.10/ each to Life Insurance Corporation of India by way of Preferential Issue at a price of Rs.59.14 per share determined as per SEBI ICDR Regulation after taking necessary approval from RBI/ MOF.

Perpetual Non Cumulative Preference Shares (PNCPS) of Rs.200 crore, Perpetual Cumulative Preference Shares (PCPS) of Rs.200 crore and Innovative Perpetual Debt Instruments (IPDI) of Rs.160 crore held by Government of India have been converted into 9,46,90,563 Equity Shares of Rs.10/ each by way of Preferential Issue at a price of Rs.59.14 per share determined as per SEBI ICDR Regulation after taking necessary approval from RBI/ MOF.

Accordingly the Equity Share Capital of the Bank has increased by Rs.125.13 crore to Rs.400.41 crore and Share Premium has increased by Rs.614.06 crore (Share Premium Received Rs.614.87 crore minus Share Issue Expenses Rs.0.81 crore) to Rs.1318.04 crore.

(Rupees. in crore)Items 2014-15 2013-14

(i) CRAR - Tier I capital (Basel-II) 8.51% 8.10%(ii) CRAR - Tier II capital (Basel-II) 3.37% 4.00%(iii) Total CRAR (Basel-II) 11.88% 12.10%(iv) Common Equity Tier I capital ratio (Basel-III) 8.48% 7.27%(v) Additional Tier I capital ratio (AT-I) (Basel-III) 0.00% 0.34%(vi) CRAR – Tier I capital ratio (Basel-III) 8.48% 7.62%

iatkc ,.M fla/ cSad


¼vii½ lh-vkj-,-vkj-&fV;j&II iwath vuqikr ¼ckly III½ 2-76% 3-42%¼viii½ dqy iw¡th vuqikr ¼lhvkj,vkj½ ¼ckly&III ½ 11-24% 11-4%¼ix½ Hkkjr ljdkj ds 'ks;j /kkjdksa dh çfr'krrk 79-62% 81-42%¼x½ izkIr bfDoVh iw¡th dh jkf'k* 180 100¼xi½ vfrfjä fV;j&I iwath vuqikr dh jkf'k ftlesa ls

ih,ulhih,l%vkbZihMhvkbZ%

'kwU; 'kwU;

¼xii½ vfrfjä fV;j&I iwath vuqikr dh jkf'k ftlesa ls _.k iw¡th fy[kr vf/kekuh 'ks;j iw¡th fy[kr cseh;knh lap;h vf/kekuh 'ks;j@çfrns; xSj lap;h vf/kekuh 'ks;j çfrns; vf/kekuh 'ks;j

'kwU; 'kwU;

* #- 149-56 djksM+ ds 'ks;j izhfe;e lfgrA

4- fuos'k4-1 fuos'kksa dk ewY;

¼#- djksM+ esa½

ensa 2014&15 2013&14¼i½ fuos'kksa dk ldy ewY;

¼d½ Hkkjr esa 26791-69 28346-61¼[k½ Hkkjr ls ckgj 'kwU; 'kwU;

¼ii½ ewY;ºkzl gsrq çko/kku ¼,u-ih-,- çko/kku lfgr½¼d½ Hkkjr esa 39-99 52-50¼[k½ Hkkjr ls ckgj 'kwU; 'kwU;

¼iii½ fuos'kksa dk 'kq) ewY;¼d½ Hkkjr esa 26751-70 28294-11¼[k½ Hkkjr ls ckgj 'kwU; 'kwU;

2- fuos'kksa esa ewY;ºkzl ds çko/kkuksa esa ?kV&c<+ ¼,u-ih-,- ds çko/kkuksa lfgr½¼i½ vFk 'ks"k 52-50 47-76¼ii½ tek% o"kZ ds nkSjku fd, x, çko/kku 14-43 17-97¼iii½ ?kVk% o"kZ ds nkSjku vf/kd fd, çko/kkuksa dks cês [kkrs esa Mkyuk@iqujkadu 26-94 13-23¼iv½ 'ks"k 39-99 52-50

4-2 iqu% [kjhn@iqu% çfrofrZr ysu&nsu ¼vafdr ewY; dh 'krksaZ ij½4-2-1 iqu% [kjhn%iqu% çfrofrZr ysu&nsu çfof"V;ksa ¼ljdkjh çfrHkwfr;k¡½

¼#- djksM+ esa½

fooj.k U;wure cdk;k vf/kdre cdk;k nSfud vkSlr cdk;k 31-03-2015 dks 'ks"kiqu% [kjhn ds varxZr csph xbZ çfrHkwfr;k¡ 'kwU; 380-00 84-04 195-00iqu% çfrofrZr ds varxZr [kjhnh xbZ çfrHkwfr;k¡ 'kwU; 1300-00 30-01 200-00

4-2-2 iqu% [kjhn@iqu% çfrofrZr ysu&nsu çfof"V;ksa ¼daiuh _.k çfrHkwfr;ka½ ¼#- djksM+ esa½

fooj.k U;wure cdk;k vf/kdre cdk;k nSfud vkSlr cdk;k vFk 'ks"k 31-03-2015iqu% [kjhn ds varxZr csph xbZ çfrHkwfr;k¡ 'kwU; 'kwU; 'kwU; 'kwU;iqu% çfrofrZr ds varxZr [kjhnh xbZ çfrHkwfr;k¡ 'kwU; 'kwU; 'kwU; 'kwU;

Punjab & Sind Bank


(vii) CRAR – Tier II capital ratio (Basel-III) 2.76% 3.42%(viii) Total Capital ratio (CRAR) (Basel-III) 11.24% 11.04%(ix) Percentage of the shareholding of the Government of India 79.62% 81.42%(x) Amount of equity capital raised* 180 100(xi) Amount of Additional Tier I capital raised of which

PNCPS:IPDI:

Nil Nil

(xii) Amount of Tier II capital raised of which Debt capital instrument:Preference Share Capital Instruments:[Perpetual Cumulative Preference Share (PCPS) / Redeemable Non-Cumulative Preference Shares (RNCPS) / Redeemable Cumulative Preference Shares (RCPS)]

Nil Nil

* Including Share Premium Rs. 149.56 crores

4. Investments4.1 Value of Investments

(Rupees in crore)Items 2014-15 2013-14

(1) (i) Gross Value of Investments(a) In India 26791.69 28346.61(b) Outside India Nil Nil

(ii) Provisions for Depreciation (including provision for NPA)(a) In India 39.99 52.50(b) Outside India Nil Nil

(iii) Net Value of Investments(a) In India 26751.70 28294.11(b) Outside India Nil Nil

(2) Movement of provision held towards depreciation on Investments (Including provision for NPAs)(i) Opening balance 52.50 47.76(ii) Add: Provisions made during the year 14.43 17.97(iii) Less: Write-off/ write-back of excess provisions during the year 26.94 13.23(iv) Closing balance 39.99 52.50

4.2 Repo / Reverse Repo Transactions (in face value terms)4.2.1 Repo / Reverse Repo Transactions (Government Securities)

(Rupees in crore)Particulars Minimum

OutstandingMaximum

Outstanding Daily AverageOutstanding

Balance as on 31.03.2015

Securities sold under Repos Nil 380.00 84.04 195.00Securities purchased under Reverse Repos Nil 1300.00 30.01 200.00

4.2.2 Repo / Reverse Repo Transactions (Corporate Debt Securities)Particulars Minimum

OutstandingMaximum

Outstanding Daily AverageOutstanding

Balance as on 31.03.2015

Securities sold under Repos Nil Nil Nil NilSecurities purchased under Reverse Repos Nil Nil Nil Nil

iatkc ,.M fla/ cSad


4-3 ,l-th-,y- VªkaLQj QkeZ okilh dk fooj.k rFkk Hkkjrh; fjt+oZ cSad dks pqdrk dh xbZ naM dh dqy jkf'k

2014&15 2013&14fuf/k ;k çfrHkwfr;ksa dh vko';drk ds dkj.k ,l-th-,y- VªkaLQj QkeZ okilh dh la[;k 'kwU; 'kwU;Hkkjrh; fjt+oZ cSad dks pqdrk dh xbZ naM dh jkf'k 'kwU; 'kwU;

4-4 xSj&lkafof/kd rjyrk vuqikr okyh fuos'k lwph% 31-03-2015 dks tkjhdrkZ laxBu dh fLFkfr% ¼#- djksM+ esa½

la[;k tkjh drkZ jkf'k futh LFkkiu dh lhek

fuos'k xzsM ls uhps çfrHkwfrdj.k

dh lhek

vewY;kafdr çfrHkwfr;ksa dh

lhek

vlwphxr çfrHkwfr;ksa dh

lhek

1½ 2 3 4 5 6 7i- lkoZtfud miØe 2364-58 2320-03 'kwU; 1268-77 2064-74

ii- foÙkh; laLFkku 2827-75 2522-15 'kwU; 2745-13 2748-63iii- cSad 128-50 128-03 'kwU;iv futh dEiuh 607-60 561-66 'kwU; 179-40 29-14v- lgk;d@la;qä miØe 0-65 0-65 'kwU; 0-65 0-65

vi- vU; 14-49 5-49 'kwU; 14-49 14-49vii- ewY;ºkzl ds fy, j[ks

çko/kku ¼,uih, lfgr½(39-85)

dqy* 5903-72

uksV% *d‚ye 3 dk tksM+ rqyu&i= dh vuqlwph 8 dh fuEufyf[kr Jsf.k;ksa ds tksM+ ls esy [kkuk pkfg, % d- 'ks;j [k- fMcsapj o c‚a.M x- lgk;d@la;qä miØe ?k- vU; ¼2½ mijksä d‚ye 4]5]6 rFkk 7 esa fjiksVZ dh xbZ jkf'k ijLij vuU; u gksA

4-5 vuqç;ksT; vkSj xSj&lkafof/kd rjyrk vuqikr fuos'kksa esa mrkj&p<+ko¼#- djksM+ esa½

fooj.k 2014&15 2013&14vFk 'ks"k 59-04 25-03o"kZ ds nkSjku ifjo/kZu 44-83 34-01o"kZ ds nkSjku dVkSfr;k¡ 49-96 'kwU;bfr 'ks"k 53-91 59-04dqy çko/kku 35-16 33-45

4-6 O;qRifÙk;k¡ o"kZ 2014&15 ds nkSjku cSad us çfrj{kk ;k O;kikfjd mís'; ls dksbZ Hkh u;k O;qifÙk ysu&nsu ¼ok;nk nj le>kSrk@C;kt nj

vnyk&cnyh@fofue; O;kikj C;kt&nj O;qRifÙk;k¡½ ugha fd;k gSA rnuqlkj Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuqlkj O;qRifÙk ysu&nsu ds laca/k esa xq.kkRed o ek=kRed çdVhdj.k visf{kr ugha gSA

Punjab & Sind Bank


4.3 Detail of bouncing of SGL Transfer Forms and Quantum of Penalty paid to Reserve Bank of India :

2014-15 2013-14i. Number of instances when the SGL transfer form bounced for want of either funds or the securities.

Nil Nil

ii. Penalty paid to RBI on account of bouncing of SGL transfer form Nil Nil

4.4 Non-SLR Investments Portfolio: Issuer Composition as on 31.03.2015(Rupees in crore)

No Issuer Amount Extent of Private

Placement

Extent of ‘Below Investment Grade’

Securities

Extent of ‘Un-rated’ Securities

Extent of ‘Unlisted’ Securities

(1) (2) (3) (4) (5) (6) (7)i. PSUs 2364.58 2320.03 Nil 1268.77 2064.74

ii. FIs 2827.75 2522.15 Nil 2745.13 2748.63iii. Banks 128.50 128.03 Niliv. Private Corporate 607.60 561.66 Nil 179.40 29.14v. Subsidiaries/ Joint Ventures 0.65 0.65 Nil 0.65 0.65

vi. Others 14.49 5.49 Nil 14.49 14.49vii. Provision held towards depreciation

(including NPA) (39.85)

Total * 5903.72

Note: (1) * Total under column 3 should tally with the total of Investments included under the following categories in Schedule 8 to the balance sheet:

a) Shares b) Debentures & Bonds c) Subsidiaries / joint ventures d) Others (2) Amounts reported under column 4, 5, 6 and 7 above may not be mutually exclusive.

4.5 Movement of Non Performing Non SLR Investments(Rupees in crore)

Particulars 2014-15 2013-14Opening balance 59.04 25.03Additions during the year 44.83 34.01Reductions during the year 49.96 NilClosing balance 53.91 59.04Total Provisions held 35.16 33.45

4.6 Derivatives Bank has not entered into any derivative transactions (Forward rate agreement/Interest Rate Swap/ Exchange Traded Interest

Rate Derivatives) during the year 2014-15. Accordingly, qualitative and quantitative disclosures under RBI guidelines with respect to derivative transactions are not required.

iatkc ,.M fla/ cSad


4-7 o"kZ ds nkSjku iqu% lajfpr@iqu% vuqlwfpr@iqu% ijØkfer fuos'k¼#- djksM+ esa½

fooj.k 2014&15 2013&14

ekud vkfLr;k¡ ftudh iqulajpuk gksuh gS 'kwU; 'kwU;

voekud vkfLr;k¡ ftudh iqulajpuk gksuh gS 'kwU; 'kwU;

v'kks/; vkfLr;k¡ ftudh iqulajpuk gksuh gS 'kwU; 'kwU;

dqy vkfLr;ksa dh jkf'k ftudh iqulaZjpuk gksuh gS 'kwU; 'kwU;

4-8 o"kZ ds nkSjku cSad us #-680 djksM+ dh vafdr ewY; *ifjiDork rd j[kus^ ls *fcØh gsrq miyC/k Js.kh^ esa çfrHkwfr;k¡ varfjr dh gSaA

4-9 o"kZ ds nkSjku fcfØ;ksa dk ewY; vkSj ,pVh,e Js.kh dks@ls çfrHkwfr;ksa dk varj.k] o"kZ ds vkjaHk esa ,pVh,e Js.kh esa j[ks x, fuos'kksa ds ogh ewY; ls 5% ls vf/kd ugha gSA

5 vkfLr xq.koÙkk 5-1 vuqç;ksT; vkfLr;k¡

¼#- djksM+ esa½

ensa 2014&15 2013&14¼i½ 'kq} vfxzeksa esa 'kq} ,uih, ¼%½ 3-55 3-36¼ii½ çko/kku lekos'k vuqikr ¼ihlhvkj½ ¼%½ 46-81 45-35¼iii½ ldy ,uih, esa ?kV&c<+

¼d½ vFk 'ks"k 2553-52 1536-90¼[k½ o"kZ ds nkSjku ifjo/kZu 1242-42 1619-61¼x½ o"kZ ds nkSjku deh 713-75 602-99¼?k½ bfr 'ks"k 3082-19 2553-52

¼iv½ fuoy ,uih, esa mrkj&p<+ko¼d½ vFk 'ks"k 1918-60 1110-38¼[k½ o"kZ ds nkSjku ifjo/kZu 1032-08 1345-55¼x½ o"kZ ds nkSjku deh 684-68 537-33¼?k½ bfr 'ks"k 2266-00 1918-60

¼v½ ,uih, çko/kkuksa esa mrkj&p<+ko ¼ekud vkfLr;ksa ij çko/kku dks NksM+dj½¼d½ vFk 'ks"k 618-67 412-56¼[k½ tek% o"kZ ds nkSjku çko/kku 488-74 564-68¼x½ ?kVk% vf/kd fd, çko/kkuksa dks cês [kkrs [email protected] 315-39 358-57¼?k½ bfr 'ks"k 792-02 618-67

5-2 Mh-vkbZ-lh-th-lh-@lh-th-Vh-,e-,l-bZ-@bZ-lh-th-lh- ds ik= nkos] nkf[ky rFkk iqu% nkf[ky nkos tks oS/k@olwyh ;ksX; gS] dks vfxzeksa gsrq çko/kku ds fy, çfrHkwfr ds vk/kkj ij fopkj.kh; ekuk x;k gSA

Punjab & Sind Bank


4.7 Restructured / Rescheduled / Renegotiated - Investments during the year(Rupees in crore)

Particulars 2014-15 2013-14Standard assets subjected to restructuring etc. Nil NilSub-standard assets subjected to restructuring etc. Nil NilDoubtful assets subjected to restructuring etc. Nil NilTotal amount of assets subjected to restructuring etc. Nil Nil

4.8 During the year, the Bank shifted securities worth Rs. 680 crore (face value) from “Held till Maturity” to “Available for Sale Category”.

4.9 The value of shifting/ sales from HTM category during the year does not exceed 5% of the book value of investments held in HTM category at the beginning of the year.

5. Asset Quality5.1. Non-Performing Assets

(Rupees in crore)

Items 2014-15 2013-14(i) Net NPAs to Net Advances (%) 3.55 3.36(ii) Provisioning Coverage Ratio (PCR) (%) 46.81 45.35(iii) Movement of Gross NPAs

(a) Opening Balance 2553.52 1536.90(b) Additions during the year 1242.42 1619.61(c) Reductions during the year 713.75 602.99(d) Closing balance 3082.19 2553.52

(iv) Movement of Net NPAs (a) Opening Balance 1918.60 1110.38(b) Additions during the year 1032.08 1345.55(c) Reductions during the year 684.68 537.33(d) Closing balance 2266.00 1918.60

(v) Movement of provisions for NPAs (excluding provisions on standard assets)(a) Opening Balance 618.67 412.56(b) Add: provisions made during the year 488.74 564.68(c) Less: write off, write back of excess provisions 315.39 358.57(d) Closing balance 792.02 618.67

5.2 DICGC / CGTMSE/ ECGC claim eligible, lodged and re-lodged have been considered as security for provisioning on advances on the basis that such claims are valid / realizable.

iatkc ,.M fla/ cSad


5-3

iqul

Z ajfpr fd,

x,

[kkr

ksa dk fo

oj.

k

iat

kc ,

.M fl

a/k c

Sad

31-0

3-20

15 d

ks iqu% l

ajfpr [

kkrksa dk çd

Vhdj.

k

¼jkf'

k d

jksM+ksa esa½

Ø

la-

iqu% lajp

uk d

k çd

kjlhMhv

kj d

s varx

Zr O;oL

Fkk

,l,e

bZ ds v

arxZr

_.k

iqu% lajp

uk O;o

LFkk

vU;

dqy

vkfL

r ox

hZdj.k

ekud

voe

kud

lafnX/kgkfu

dqy

ekud

voe

kud

lafnX/kgkfu

dqy

ekud

voe

kud

lafnX/kgkfu

dqy

ekud

voe

kud

lafnX/kg

kfudqy

fooj

.k

1-foÙkh;&o"kZ d

h 1

vçSy

dks

iqu% lajfpr

[kkrs

¼çkjafHkd v

k¡dMka+s½

_f.k;ksa dh la-

1111

3434

4747

9292

cdk;k jkf'k

357-57

357-57

152-28

152-28

5912

-87

5912

-87

6422

-72

6422

-72

çko/kku

48

-97

48-97

6-67

6-67

162-14

162-14

217-78

217-78

2-o"kZ d

s nkSjku u

,

iqu% lajfpr

[kkrs

_f.k;ksa dh la-

77

106

106

142

142

255

255

cdk;k jkf'k

489-93

489-93

260-24

260-24

1687

-05

1687

-05

2437

-22

2437

-22

çko/kku

71

-78

71-78

30-45

30-45

67-12

67-12

169-33

169-33

3-foÙkh;&o"kZ ds n

kSjku

iqu%lajfpr

ekud

dk mUu;u

_

f.k;ksa dh la-

1010

22

1212

cdk;k jkf'k

6-34

6-34

0-41

0-41

6-75

6-75

çko/kku

0-20

0-20

0-02

0-02

0-23

0-23

4-vfxze

iqu% lajfpr

ekud

tks vkd

"kZd m

Pp ç

ko/

kkuksa dks jksdrs

gSa rF

kk@;k

foÙk&o"kZ ds v

ar esa

vfrfjä

tksf[

ke Hkkj

rFkk ;fn

vkxkeh

foÙk&o"kZ d

s çkjaHk

esa vfxze

iqu%lajfpr

ekud

dks fn[kkus

dh vko';

edrk u

gha g

S

_f.k;ksa dh la-

22

66

55

1313

cdk;k jkf'k

99

19-25

19-25

224-77

224-77

253-02

253-02

çko/kku

0-60

0-60

0-19

0-19

5-63

5-63

6-42

6-42

5-foÙkh;&o"kZ ds n

kSjku i

qu%

lajfpr

[kkrksa dk mUu;u

_f.k;ksa dh

la- ¼&

½ 4

412

124

420

20

cdk;k jkf'k ¼&

½79

-17

79-17

89-07

89-07

20-66

20-66

188-90

188-90

çko/kku

¼&½

11-93

11-93

15-42

15-42

3-10

3-10

30-45

30-45

6-foÙkh;&o"kZ d

s nkSjku i

qu%

lajfpr

[kkrksa dh vifyf[kr

_f.k;ksa dh la-

12-00

12-00

13-00

13-00

25-00

25-00

cdk;k jkf'k

&53-36

&53

-36&60-70

&60-70

159-00

159-00

44-94

44-94

7-31

ekpZ d

ks lekIr foÙ

kh;&o"kZ

ds n

kSjku i

qu% l

ajfpr

[kkrs

¼vafre

vkad

Ms]*½

_f.k;ksa dh la-

1212

120

120

169

169

301

301

cdk;k jkf'k

812-69

812-69

371-24

371-24

7195

-971

95-9

8379

-83

8379

-83

çko/kku

10

6-06

106-06

37-12

37-12

269-15

269-15

412-33

412-33

*@

LFkkb

Z iqu% l

ajfpr

vfxze

vkad

Mksa ds v

frfjä t

ks mPp

çko/kkuksa ;

k tksf[

ke Hkkj

dks vkd

f"kZr

ugha djr

s gSa ¼;fn

ykxw g

ks½

Punjab & Sind Bank


5.3

Deta

ils o

f Acc

ount

s Res

truc

ture

d:PU

NJA

B &

SIN

D BA

NK

STAT

EMEN

T O

F DI

SCLO

SURE

OF

REST

RUCT

URE

D AC

COU

NTS

AS

ON

31.

03.2

015

(Am

ount

in c

rore

s)Sl

.N

o.Ty

pe o

f Res

truc

turin

g →

Und

er C

DR M

echa

nism

Und

er S

ME

Debt

Res

truc

turin

g M

echa

nism

Oth

ers

TOTA

L

Asse

t Cla

ssifi

catio

n →

Std.

Sub-Std.

Doubt-ful

Loss

Total

Std.

Sub-Std.

Doubt-ful

Loss

Total

Std.

Sub-Std.

Doubt-ful

Loss

Total

Std.

Sub-Std.

Doubt-ful

Loss

Total

Deta

ils ↓

1Re

stru

ctur

ed A

ccou

nts

as o

n Ap

ril 1

of t

he F

Y (O

peni

ng fi

gure

s)*

No.

of B

orro

wer

11

1134

34

47

4792

92

Amt.O

/s35

7.57

35

7.57

152.

28

152.

2859

12.8

7

5912

.87

6422

.72

64

22.7

2

Prov

. the

reon

48.9

7

48.9

76.

67

6.67

162.

14

162.

1421

7.78

21

7.78

2Fr

esh

Rest

ruct

urin

g du

ring

the

year

#

No.

of B

orro

wer

7

710

6

106

142

14

225

5

255

Amt.O

/s48

9.93

48

9.93

260.

24

260.

2416

87.0

5

1687

.05

2437

.22

24

37.2

2

Prov

. the

reon

71.7

6

71.7

630

.45

30

.45

67.1

2

67.1

216

9.33

16

9.33

3U

pgra

datio

ns to

re

stru

ctur

ed S

td.

Cate

gory

dur

ing

the

FY

No.

of B

orro

wer

10

10

2

212

12

Amt.O

/s

6.34

6.

340.

41

0.41

6.75

6.

75

Prov

. the

reon

0.

20

0.20

0.02

0.

020.

23

0.23

4Re

stru

ctur

ed S

td. A

dv.

whi

ch c

ease

to a

ttra

ct

high

er p

rov.

And

/or

addi

tiona

l ris

k w

eigh

t at

the

end

of th

e FY

an

d he

nce

need

not

be

show

n as

rest

ruct

ured

St

d. A

dvan

ces a

t the

be

ginn

ing

of th

e ne

xt F

Y

No.

of B

orro

wer

2

26

65

513

13

Amt.O

/s9

919

.25

19.2

522

4.77

224.

7725

3.02

253.

02

Prov

. the

reon

0.60

0.6

0.19

0.19

5.63

5.63

6.42

6.42

5Do

wn-

grad

ation

s of

rest

ruct

ured

acc

ount

s du

ring

the

FY

No.

of

Borr

ower

(-)4

4

12

124

4

20

20

Amt.O

/s (

-)79

.17

79

.17

89.0

7

89.0

720

.66

20

.66

188.

90

188.

9

Prov

. The

reon

(-)

11.9

3

11.9

315

.42

15

.42

3.10

3.

1030

.45

30

.45

6W

rite-

offs o

f Re

stru

ctur

ed a

ccou

nts

durin

g th

e FY

No.

of B

orro

wer

12

.00

12

13.0

0

1325

.00

25

.00

Amt.O

/s (

-)-5

3.36

-5

3.36

-60.

70

-60.

7015

9.00

15

9.00

44.9

4

44.9

4

7Re

stru

ctur

ed a

ccou

nts

as o

n M

ar. 3

1 of

the

FY

(Clo

sing

figu

res*

)

No.

of B

orro

wer

12

1212

0

120

169

16

930

1

301

Amt.O

/s81

2.69

81

2.69

371.

24

371.

2471

95.9

71

95.9

8379

.83

83

79.8

3

Prov

. the

reon

106.

06

106.

0637

.12

37

.12

269.

15

269.

1541

2.33

41

2.33

*/ E

xclu

ding

the

figur

es o

f Sta

ndar

d Re

stru

ctur

ed A

dvan

ces w

hich

do

not a

ttra

ct h

ighe

r Pro

visi

onin

g or

Ris

k W

eigh

t (if

Appl

icab

le)

iatkc ,.M fla/ cSad


5-4 vkfLr iqulajpuk gsrq çfrHkwfrdj.k @ iqufuZekZ.k daifu;ksa dks csph xbZ foÙkh; laifÙk;ksa dk fooj.k ¼#- djksM+ esa½

ensa 2014&15 2013&14¼i½ [kkrksa dh la[;k 'kwU; 'kwU; ¼ii½ ,l lh@vkj lh dks csps x, [kkrksa dk dqy ewY; ¼'kq) çko/kku½ 'kwU; 'kwU; ¼iii½ dqy çfrQy 'kwU; 'kwU; ¼iv½ igys ds o"kksaZ esa [kkrksa ds gLrkarj.k ls olwyk x;k vfrfjä çfrQy 'kwU; 'kwU;¼v½ 'kq) cgh ewY; ds Åij dqy ykHk@gkfu 'kwU; 'kwU;

5-5 [kjhns@csph xbZa xSj fu"ikfnr foÙkh; vkfLr;ksa ds fooj.k%

d½ [kjhnh xbZa xSj&fu"ikfnr foÙkh; vkfLr;ksa ds fooj.k ¼#- djksM+ esa½

fooj.k 2014&15 2013&141- d½ o"kZ ds nkSjku [kjhns x, [kkrs 'kwU; 'kwU;

[k½ dqy cdk;k 'kwU; 'kwU;2- d½ buesa ls o"kZ ds nkSjku iquxZfBr [kkrs 'kwU; 'kwU;

[k½ dqy cdk;k 'kwU; 'kwU;

[k½ csph xbZa xSj&fu"ikfnr foÙkh; vkfLr;ksa dk fooj.k ¼#- djksM+ esa½

fooj.k 2014&15 2013&141- csps x, [kkrksa dh la[k;k 'kwU; 'kwU;2- dqy cdk;k 'kwU; 'kwU;3- çkIr dqy çfrQy 'kwU; 'kwU;

5-6 ekud vkfLr;ksa ij çko/kku

ensa 2014&15 2013&14ekud vkfLr;ksa ij çko/kku 496-03 352-78vafdr ewY; esa ºkzl gsrq çko/kku iquxZfBr ekud vfxze 134-22 70-60

6- dkjksckj vuqikr ¼#- djksM+ esa½

ensa 2014&15 2013&14¼i½ vkSlr dk;Z'khy fuf/k;ksa dk C;kt vk; esa çfr'kr 9-20% 9-25%¼ii½ vkSlr dk;Z'khy fuf/k;ksa dk xSj C;kt vk; esa çfr'kr 0-46% 0-50%¼iii½ vkSlr dk;Z'khy fuf/k;ksa dk ifjpkyu ykHk esa çfr'kr 0-83% 0-93%¼iv½ vkfLr;ksa ls vk; 0-13% 0-35%¼v½ çfr deZpkjh ¼:i;s djksM+ esa½ dkjksckj ¼tekjkf'k;k¡+vfxze½ 15-95 15-31¼vi½ çfr deZpkjh ykHk ¼:i, djksM+esa½ 0-01 0-03

Punjab & Sind Bank


5.4 Details of Financial Assets sold to Securitization / Reconstruction Companies for Asset Reconstruction(Rupees in crore)

Item 2014-15 2013-14(i) Number of Accounts Nil Nil(ii) Aggregate Value (net of provisions) of accounts sold to SC/RC Nil Nil(iii) Aggregate consideration Nil Nil(iv) Additional consideration realized in respect of accounts transferred in earlier years Nil Nil(v) Aggregate gain/ loss over net book value Nil Nil

5.5 Details of non-performing financial assets purchased / sold: A. Details of non-performing financial assets purchased:

(Rupees in crore)

Particulars 2014-15 2013-141. (a) No. of accounts purchased during the year Nil Nil

(b) Aggregate outstanding Nil Nil2. (a) Of these, number of accounts restructured during the year Nil Nil

(b) Aggregate outstanding Nil Nil

B. Details of non-performing financial assets sold:(Rupees in crore)

Particulars 2014-15 2013-141. No. of accounts sold Nil Nil2. Aggregate outstanding Nil Nil3. Aggregate consideration received Nil Nil

5.6 Provisions on Standard Assets(Rupees in crore)

Item 2014-15 2013-14Provisions towards Standard Assets 496.03 352.78Provision for Diminution in FV Restructured Standard Advances 134.22 70.60

6. Business Ratios

Items 2014-15 2013-14(i) Interest Income as a percentage to average working funds 9.20% 9.25%(ii) Non-Interest Income as a percentage to average working funds 0.46% 0.50%(iii) Operating Profit as a percentage to average working funds 0.83% 0.93%(iv) Return on Assets 0.13% 0.35%(v) Business [Deposits plus Advances] per employee (Rs. in crore) 15.95 15.31(vi) Profit per employee (Rs. in crore) 0.01 0.03

iatkc ,.M fla/ cSad


7- vkfLr ns;rk çca/ku

31-03-2015 dks vkfLr;ksa vkSj ns;rkvksa dk ifjiDork Lo:i% ¼#- djksM+ esa½

ifjiDork Lo:i ¼le;kof/k½

tekjkf'k;ka _.k rFkk vfxze

fuos'k m/kkj fons'kh eqækns;rk,a vkfLr;k¡

1 fnu 1899-67 2028-46 0 0-00 18-82 311-882&7 fnu 1219-63 1079-83 109-91 1023-21 1-78 23-018&14 fnu 626-64 492-69 0 0-00 4-11 24-5915&28 fnu 2252-40 754-98 881-72 0-00 8-43 56-3729 fnu ls 3 ekg rd 18856-72 12191-91 1873-71 0-00 25-08 172-413 ekg ls vf/kd o 6 ekg rd 11737-43 3208-24 596-57 700-02 30-55 83-996 ekg ls vf/kd o 1 o"kZ rd 22897-42 3861-97 560-93 0-00 69-42 0-001 o"kZ ls vf/kd o 3 o"kZ rd 12901-96 17006-99 2072-33 0-00 99-32 0-003 o"kZ ls vf/kd o 5 o"kZ rd 7571-60 12813-30 5713-23 0-00 141-11 0-005 o"kZ ls vf/kd 6751-25 10431-79 14943-30 0-00dqy 86714-72 63870-18 26751-70 1723-23 398-62 672-25

8- _.k tksf[ke

8-1 okLrfod laink {ks= dks _.k tksf[ke ¼#- djksM+ esa½

Js.kh 31-03-2015 31-03-20141- çR;{k tksf[ke

d½ fjgk;'kh ca/kdi- ,slh laifÙk;k¡ ftu ij _.kh dk dCtk gS ;k fdjk;s ij nh xbZ gS] dks fn;k x;k _.k

ca/kd }kjk iw.kZr% lqjf{kr gSA 3540-46 2795-19

ii- O;fäxr vkokl _.k tks fd çkFkfedrk {ks= vfxze esa lfEefyr djus ;ksX; gSa 2669-77 2247-01[k½ O;kolkf;d okLrfod lainki½ O;kolkf;d okLrfod laink ij ca/kd }kjk lqjf{kr _.k ¼dk;kZy;] Hkou] cgq&vk;keh

O;kikfjd ifjlj] cgq ifjokj vkoklh; Hkou] O;kolkf;d ifjlj tgk¡ cgqr ls fdjk;snkj jgrs gksa] vkS|ksfxd laLFkku ;k ekyxksnke LFkku] gksVy] Hkwfe vf/kxzg.k] fodkl rFkk fuekZ.k vkfn½ ,slh _.k lhekvksa esa xSj&fuf/k vk/kkfjr ¼,u-,Q-ch½ds _.k Hkh 'kkfey gSaA

3389-27 2941-87

x½ ca/kd çfrHkwfr;ksa esa fofu;ksx ¼,e-ch-,l½ vkSj vU; tekurh _.k 'kwU; 'kwU;d- fjgk;'kh 'kwU; 'kwU;[k- O;kolkf;d&okLrfod laink 'kwU; 'kwU;

2- vçR;{k _.k ¿jk"Vªh; vkokl ¼,u-,p-ch-½ vkSj vkokl foÙk ca/kd ¼,p-,Q-lh-½ dks fuf/k ,oa xSj&fuf/k vk/kkfjr _.kÀ

3920-31* 2342-72*

okLrfod laink {ks= esa dqy _.k Hkkxhnkjh 10850-04 8079-67

*,u,pch rFkk gkmflax Qkbukal daifu;ksa esa fd, x, #- 452-39 djksM+ ds fuos'k 'kkfey gSaA

Punjab & Sind Bank


7. Asset Liability Management

Maturity Pattern of Assets and Liabilities as on 31.03.2015: (Rupees in crore)Maturity Pattern(Time Buckets)

Deposits Loans &Advances

Investments Borrowings Foreign Currency

Liabilities Assets 1 day 1899.67 2028.46 0 0.00 18.82 311.88

2 – 7 days 1219.63 1079.83 109.91 1023.21 1.78 23.01

8 – 14 days 626.64 492.69 0 0.00 4.11 24.59

15 - 28 days 2252.40 754.98 881.72 0.00 8.43 56.37

29 days to 3 months 18856.72 12191.91 1873.71 0.00 25.08 172.41

Over 3 months & up to 6 months 11737.43 3208.24 596.57 700.02 30.55 83.99

Over 6 months & up to 1 year 22897.42 3861.97 560.93 0.00 69.42 0.00

Over 1 year & up to 3 years 12901.96 17006.99 2072.33 0.00 99.32 0.00

Over 3 years & up to 5 years 7571.60 12813.30 5713.23 0.00 141.11 0.00

Over 5 years 6751.25 10431.79 14943.30 0.00

Total 86714.72 63870.18 26751.70 1723.23 398.62 672.25

8. Exposures :8.1 Exposure to Real Estate Sector (Rupees in crore)

Category 31.03.2015 31.03.2014

1) Direct Exposure

(a) Residential Mortgages

i. Lending fully secured by mortgages of residential property that is or will be occupied by the borrower or that is rented

3540.46 2795.19

ii. Individual housing loans eligible for inclusion in priority sector advances 2669.77 2247.01

(b) Commercial Real Estate

Lending secured by mortgages of commercial real estates (office buildings, retail space, multipurpose commercial premises, multifamily residential buildings, multi tenanted commercial premises, industrial or warehouse space, hotels, land acquisition, development and construction, etc) Exposure would also include non fund based (NFB) limits;

3389.27 2941.87

(c) Investments in Mortgage Backed Securities (MBS) and other securitized exposures

NIL NIL

a. Residential NIL NIL

b. Commercial Real Estate NIL Nil

2) Indirect Exposure [Fund based and Non-fund based exposures on National Housing Bank (NHB) and Housing Finance Companies (HFCs)]

3920.31* 2342.72*

Total Exposure to Real Estate Sector 10850.04 8079.67

* includes Rs.452.39 crore by way of Investment in NHB & Housing Finance Companies.

iatkc ,.M fla/ cSad


8-2 iw¡th cktkj esa _.k Hkkxhnkjh ¼,Dlikstj½ ¼#- djksM+ esa½

ensa 31-03-2015 31-03-20141- bfDoVh 'ks;jksa] ifjorZuh; ck.M] ifjorZuh; _.k i=ksa rFkk bfDoVh mUeq[k E;qpqvy Q.Mksa ds

;wfuVksa esa fuos'k ftudk iw.kZ :i ls dEiuh _.kksa esa fofu;ksx ugha fd;k x;k 118-10 152-58

2- lkekU; va'kksa ¼vkbZ-ih-vks-@bZ-,l-vks-ih-,l½ ifjorZuh; ckaMl] ifjorZuh; _.ki=ksa rFkk bfDoVh mUeq[k E;wpqvy QaMksa esa fofu;ksx ds fy, va'kksa @ck.Mksa@_.k i=ksa ;k vU; çfrHkwfr;ksa ds ,ot esa ,dy Lokfe;ksa dks fn, x, vfxze

'kwU; 1-20

3- fdlh vU; mís'; gsrq fn;k x;k vfxze tgk¡ va'kksa ;k ifjorZuh; va'kksa ;k ifjorZuh; _.k&i=ksa ;k bfDoVh mUeq[k E;qpqvy Q.Mksa dks çkFkfed çfrHkwfr ds :i esa fy;k x;k gS

'kwU; 0-01

4- va'kksa dh laikf'oZd çfrHkwfr ;k ifjorZuh; ck.Mksa ;k ifjorZuh; _.k i=ksa ;k bfDoVh mUeq[k E;qpqvy Q.Mksa }kjk çR;kHkwr vU; mís';ksa gsrq fn, x, vfxze vFkkZr tgk¡ ij va'kksa @ifjorZuh; ck.Mksa @ ifjorZuh; _.k&i=ksa @ bfDoVh mUeq[k E;qpqvy Q.Mksa ij fn, x, vfxzeksa dks çkFkfed çfrHkwfr }kjk iw.kZ :i ls çR;kHkwr ugha fd;k x;k

'kwU; 'kwU;

5- LV‚d czksdjksa dks tekurh o xSj&tekurh vfxze rFkk LV‚d czksdjksa vkSj ekfdZV esdlZ }kjk tkjh xkjafV;ka

6-55 5-47

6- ubZ dEifu;ksa dh bfDoVh gsrq Q.M~l ,df=r djus ds fy, rFkk çorZdksa ds va'knku dks iwjk djus ds fy, tks va'kksa @ck.Mksa @_.k&i=ksa ;k vU; çfrHkwfr;k¡ ;k fucaZ/k vk/kkj ij daifu;ksa ds laLoh—r _.k

'kwU; 'kwU;

7- çR;kf'kr bfDoVh miyC/krk @ fuxZeksa ij dEifu;ksa dks iwjd _.k 'kwU; 'kwU;8- çkFkfed va'kksa ;k ifjorZuh; ck.Mksa ;k ifjorZuh; _.k&i=ksa ;k bfDoVh mUeq[k E;qpqvy Q.Mksa

ds laca/k esa cSadksa }kjk fd, gkehnkjh ok;ns 'kwU; 'kwU;

9- ekftZu lkSnksa gsrq LV‚d czksdjksa dks fn;k x;k foÙk 'kwU; 'kwU;10- iw¡th fuf/k;ksa ij _.k tksf[ke ¼iath—r rFkk viath—r½ 5-50 4-15

iwath cktkj esa dqy _.k Hkkxhnkjh 130-15 163-41

8-3 tksf[ke Js.khokj daVªh ,Dlikstj ns'kkarj vk/kkj ij cSad }kjk fons'kh fofue; ysu&nsu ds laca/k esa fn, x, fuoy _.k tks çR;sd ns'k ls lacaf/kr gS] cSad dh dqy

vkfLr;ksa ds 1% ds vanj gSaA vr% Hkkjrh; fjt+oZ cSad ds fn'kk funsZ'kkuqlkj fdlh çdkj ds çko/kku dh vko';drk ugha gSA

8-4 cSad }kjk ikj dh xbZ ,dy m/kkjh lhek ¼,lth,y½] lewg m/kkjh lhek ¼thch,y½ dk C;kSjk o"kZ ds nkSjku cSad }kjk c<+kbZ xbZ ,dy m/kkjh lhek ¼,l th ,y½ lewg m/kkjh lhek ¼th-ch-,y½ ds fooj.k o"kZ 2014&15 ds nkSjku

cSad us Hkkjrh; fjt+oZ cSad }kjk ,dy m/kkjh@lewg m/kkjh gsrq fu/kkZfjr foosdiw.kZ _.k lhek dks ikj ugha fd;k gS] fuEu ekeyksa ds vfrfjä] ftu ij cksMZ dk vuqeksnu çkIr dj fy;k x;k gS A

¼#- djksM+ esa½

Ø-la- m/kkfj;ksa ds uke o"kZ ds nkSjku vf/kdre _.k lhek

fnukad ds vuqlkj _.k tksf[ke¼%½

31-03-2015 dks _.k lhek@ ns;rk,a

_.k tksf[ke ¼%½

1- ;w-ih- i‚oj d‚iksZjs'ku fy- 'kk[kk&gtjr xat]

y[kuÅ

#- 1511-63 djksM+* ¾1511-63@1475-00 ¼cksMZ i‚oj lfgr½

102-4%

#-1338-89 djksM+** ¾1338-89@1530-00 ¼cksMZ i‚oj lfgr½

87-49%* #- 549-03 djksM+ ds fuos'k lfgr

* #- 366-52 djksM+ ds fuos'k lfgr

Punjab & Sind Bank


8.2 Exposure to Capital Market(Rupees in crore)

Items 31.03.2015 31.03.20141. Direct investment in equity shares, convertible bonds, convertible debentures

and units of equity-oriented mutual funds the corpus of which is not exclusively invested in corporate debt;

118.10 152.58

2. Advances against shares/ bonds/ debentures or other securities or on clean basis to individuals for investment in shares (including IPOs/ ESOPs), convertible bonds, convertible debentures, and units of equity-oriented mutual funds;

NIL1.20

3. Advances for any other purposes where shares or convertible bonds or convertible debentures or units of equity oriented mutual funds are taken as primary security;

NIL0.01

4. Advances for any other purposes to the extent secured by the collateral security of shares or convertible bonds or convertible debentures or units of equity oriented mutual funds i.e. where the primary security other than shares/ convertible bonds/ convertible debentures/ units of equity oriented mutual funds does not fully cover the advances;

NIL Nil

5. Secured and unsecured advances to stockbrokers and guarantees issued on behalf of stockbrokers and market makers 6.55 5.47

6. Loans sanctioned to corporates against the security of shares/ bonds/ debentures or other securities or on clean basis for meeting promoter’s contribution to the equity of new companies in anticipation of raising resources;

NIL Nil.

7. Bridge loans to companies against expected equity flows/ issues; NIL Nil8. Underwriting commitments taken up by the banks in respect of primary issue of

shares or convertible bonds or convertible debentures or units of equity oriented mutual funds;

NIL Nil

9. Financing to stockbrokers for margin trading; NIL NIL10. All exposures to Venture Capital Funds (both registered and unregistered) 5.50 4.15

Total Exposure to Capital Market 130.15 163.41

8.3 Risk Category wise Country Exposure The net country-wise funded exposure of the Bank in respect of Foreign Exchange Transactions in respect of each country is

within 1% of the total assets of the Bank. Hence, no provision is required as per RBI guidelines.

8.4 Details of Single Borrower Limit (SGL), Group Borrower Limit (GBL) exceeded by the Bank During the year 2014-15, the Bank has not exceeded the prudential exposure limits set by RBI to single borrower/ group

borrower, except in the following case, which has been approved by the Board:

Sl.No.

Name of the Borrower Maximum Limit during the year

Exposure (%) as on Limit / Liability as on 31.03.15

Exposure (%)

1 M/s. UP Power Corp. Ltd.BO Hazrat Ganj

Lucknow

Rs.1511.63 cr* =1511.63/1475.00(incl. Board power)

102.4%

Rs.1338.89 cr ** =1338.89/1530.00(incl. Board power)

87.49%

*including investment of Rs.549.03 crore**including investment of Rs.366.52 crore

iatkc ,.M fla/ cSad


8-5 vewrZ laikf'oZd çfrHkwfr;ksa ij çfrHkwfr jfgr vfxze ¼#- djksM+ esa½

fooj.k 31-03-2015 31-03-2014vewrZ çfrHkwfr;ksa gsrq dqy vfxze tSls vf/kdkjksa] çkf/kdkj] ykbZlsalksa vkfn ij _.k Hkkj 274-82 455-37vewrZ çfrHkwfr;ksa dh dqy vuqekfur ewY; tSls vf/kdkjksa] çkf/kdkj] ykbZlsalksa ij _.k Hkkj 274-82 455-37

9-1 Hkkjrh; fjt+oZ cSad }kjk tqekZus dk çdVhdj.k 9

2014&15 2013&14d- o"kZ ds nkSjku cSd ij Hkkjrh; fjt+oZ cSad }kjk yxk;k tqekZuk 'kwU; 2-5[k- çfrdwy rF;ksa ds vk/kkj ij Hkkjrh; fjt+oZ cSad }kjk fn, x, funsZ'k ;k çfrdwy fVIif.k;k¡ 'kwU; 'kwU;

9-2 cSads';ksjsalksa O;kikj ds laca/k çkIr 'kqYd@ikfjJfed dk çdVhdj.k ¼#- djksM+ esa½

2014&15 2013&14d- thou chek O;kikj ls çkIr 'kqYd@ikfjJfed 0-99 1-19[k- lk/kkj.k chek O;kikj ls çkIr 'kqYd@ikfjJfed 'kwU; 0-0042x- ;w-Vh-vkbZ-E;wpqvy QaM O;kikj 'kwU; 'kwU;

10- ekud ys[kkadu vuqlkj çdVhdj.k ¼,,l½

10-1 ,,l&5 vof/k ds fy, fuoy ykHk&gkfu] iwoZ vof/k ensa rFkk ys[kkadu uhfr;ksa esa ifjorZu

10-1-1 ykHk&gkfu [kkrs esa iwoZ vof/k dh dksbZ ensa 'kkfey ugha gS ftUgsa Hkkjrh; fjt+oZ cSad ds fn'kk&funsZ'kksa ds vuqlkj ,,l&5 esa crk;k tkuk gks] flok; muds ftUgsa fVIif.k;ksa esa dgha vkSj n'kkZ;k x;k gSA

10-2 ,,l &6 ewY;ºkzl ys[kkadu

çR;sd Js.kh dh vkfLr;ksa ds fy, dqy ewY;ºkzl dk czsd&vi ¼#- djksM+ esa½

vkfLr;ksa dh Js.kh 2014&15 2013&14ifjlj 42-41 27-88vU; LFkkbZ vkfLr;k¡ 50-15 32-45dqy 92-56 60-33

10-3 ,,l&9 jktLo ekU;rk10-3-1 vk; dh dqN enksa dks egRoiw.kZ ys[kkadu uhfr& vuqlwph&17 dh en la[k;k 8 ¼jktLo ekU;rk½esa çdV enksa dks olwyh ds

vk/kkj ij ekU;rk nh xbZ gSA fQj Hkh Hkkjrh; fjt+oZ cSad ds funsZ'kkuqlkj bl vk; dks vkfFkZd u ekuk tk,A

10-4 ,,l 15 & deZpkjh ykHk10-4-1isa'ku] xzsP;qVh] Nqêh udnhdj.k rFkk vU; nh?kkZof/k ykHk gsrq çko/kkuksa dks vkbZ-lh-,-vkbZ }kjk tkjh la'kksf/kr ys[kk ekud ¼,-

,,l&15½ ds vk/kkj ij fd;k x;k gSA ;|fi] lkoZtfud {ks= ds cSad deZpkfj;ksa gsrq isa'ku fodYi iqu% [kksyus vkSj xzsP;qVh dh lhekvksa esa o`f) & çeq[k fu;ked mipkj ij Hkkjrh; fjt+oZ cSad ds fnukad 9 Qjojh] 2011 ds ifji= la- MhchvksMh ua-chih-chlh-80@21-04-018@2010&11 rFkk xzsP;qVh vf/kfu;e] 1972 esa fd, la'kks/kuksa ds vuqlkj ds vuqlkj dh xbZ gSA rnuqlkj] o"kZ 2013&14 esa cSad us isa'ku [kkrk esa #- 146-12 djksM+ rFkk xzSP;qVh [kkrk esa #-26-57 djksM+- ifj'kks/ku fd, gSaA isa'ku [kkrk rFkk xzsP;qVh [kkrk ij fdlh Hkh jkf'k dks vkxkeh o"kZ esa ifj'kks/ku gsrq vkxs ugha ys tk;k x;k gSA

10-4-2 ykHk&gkfu [kkrs rFkk rqyu i= esa ekU;rk çkIr fu;kstuksÙkj ykHkksa dh laf{kIr fLFkfr fuEukuqlkj gS%

Punjab & Sind Bank


8.5 Unsecured Advances against Intangible Collaterals(Rs. in crore)

Particulars As on 31.03.2015

As on 31.03.2014

Total Advances against intangible securities such as charge over the rights, licenses, authority etc.

274.82 455.37

Estimated Value of intangible collateral such as charge over the rights, licenses, authority etc.

274.82 455.37

9.1 Disclosure of Penalties imposed by Reserve Bank of India(Rs. in crore)

2014-15 2013-14A. Penalty imposed by RBI on Bank Nil 2.5B. Strictures or Directions by RBI on the basis of adverse findings Nil Nil

9.2 Disclosure of Fees/ Remuneration Received in respect of Bancassurance Business(Rs. in crore)

2014-15 2013-14A. Fee/ Remuneration from Life Insurance Business 0.99 1.19B. Fee/ Remuneration from General Insurance Business NIL 0.0042C. UTI Mutual Fund Business NIL NIL

10 Disclosure as per Accounting Standard (AS) 10.1 AS-5 Net Profit or Loss for the period, prior period items and changes in accounting policies10.1.1There are no material prior period items included in Profit & Loss Account required to be disclosed as per AS-5 read with

RBI guidelines except those disclosed elsewhere in the notes.10.2 AS-6 Depreciation Accounting Break-up of total depreciation for each class of assets (Rs. In crore)

Class of Assets 2014-15 2013-14Premises 42.41 27.88Other Fixed Assets 50.15 32.45Total 92.56 60.33

10.3 AS-9 Revenue Recognition10.3.1 Certain items of income are recognized on realization basis as disclosed at point no. 8 – “Revenue Recognition” of Schedule

17 – Significant Accounting Policies. However, in terms of RBI guidelines, the said income is not considered to be material.10.4 AS15 - Employees Benefit10.4.1 Provisions for Pension, Gratuity, Leave Encashment and Other long term benefits have been made in accordance with the

Revised Accounting Standard (AS - 15) issued by the ICAI. However, the additional liability towards re-opening of pension option and amendment in the Gratuity Act, 1972 has been dealt in accordance with the provisions contained in Reserve Bank of India circular no. DBOD.BP.BC.80/21.04.018/2010-11 dated 9th February 2011 on Re-opening of Pension Option to Employees of Public Sector Banks and Enhancement in Gratuity Limit. Accordingly the Bank has amortized the balance amount of Rs. 146.12 Crores on account of Pension and Rs. 26.57 Crores on account of Gratuity.

10.4.2 The summarized position of post employment benefits recognized in the Profit & Loss A/c and Balance Sheet is as under:

iatkc ,.M fla/ cSad


10-4-3 ck/;rkvksa ds orZeku ewY; esa ifjorZu ¼#- djksM+ esa½

fooj.k isa'ku ¼fuf/kd½ xzSP;qVh ¼fuf/kd½ Nqêh udnhdj.k ¼fuf/kd½

2014&15 2013&14 2014&15 2013&14 2014&15 2013&14fu/kkZfjr ykHk ck/;rk dk 1 vçSy dks ewY; 2493-33 2419-87 284-19 389-20 165-71 185-78C;kt ykxr 190-79 209-92 19-04 31-15 11-53 15-05orZeku lsok ykxr 199-80 211-77 10-78 14-17 25-48 25-52çnÙk ykHk ¼216-80½ ¼174-73½ ¼92-35½ ¼85-78½ ¼43-38½ ¼37-04½ck/;rk ij chekafdd gkfu@¼ykHk½ ¼130-00½ ¼173-50½ 18-62 ¼64-37½ ¼14-61½ ¼23-60½fu/kkZfjr ykHk ck/;rk dk 31 ekpZ dks ewY; 2537-12 2493-33 240-28 284-19 144-73 165-71

10-4-4 ;kstukxr vkfLr;ksa ds orZeku ewY; esa ifjorZu ¼#- djksM+ esa½

fooj.k isa'ku ¼fuf/kd½ xzSP;qVh ¼fuf/kd½ vodk'k udnhdj.k ¼fuf/kd½

2014&15 2013&14 2014&15 2013&14 2014&15 2013&14;kstukxr vkfLr;ksa dk 1 vçSy dks ewY; 2313-19 2007-30 294-08 336-01 171-77 188-95;kstukxr vkfLr;ksa ls visf{kr çfrykHk 205-87 180-66 26-17 30-24 17-18 17-01fu;ksäk va'knku 212-29 290-39 13-29 16-64 'kwU; 'kwU;?kVk,a çnÙk ykHk ¼216-80½ ¼174-73½ ¼92-35½ ¼85-78½ ¼43-38½ ¼37-04½chekafdd ¼gkfu½@ykHk 2-87 9-57 ¼3-80½ ¼3-03½ ¼1-53½ ¼2-85½;kstukxr vkfLr;ksa dk 31 ekpZ dks mfpr ewY; 2517-42 2313-19 237-39 294-08 144-04 171-77;kstukxr vkfLr;ksa ij okLrfod çfrykHk 208-74 190-23 22-37 27-21 15-65 19-86

10-4-5 'kq) chekafdd gkfu @¼ykHk½ ¼#- djksM+ esa½

fooj.k iS'ku ¼fuf/kd½ xzsP;qVh ¼fuf/kd½ vodk'k udnh ¼fuf/kd½

2014&15 2013&14 2014&15 2013&14 2014&15 2013&14ewY;kafdd gkfu@¼ykHk½ nkf;Ro ¼,½ ¼130-00½ ¼173-50½ 18-62 ¼64-37½ ¼14-61½ ¼23-60½Iyku vkfLr;ksa ij ¼ch½ ewY;kafdd gkfu@¼ykHk½ ¼2-87½ ¼9-57½ 3-80 3-03 1-53 ¼2-85½'kq) ewY;kafdd gkfu@¼ykHk½ ¼132-87½ ¼183-07½ 22-42 ¼61-34½ ¼13-08½ ¼26-45½vof/k ds nkSjku igpku dh xbZ gkfu@¼ykHk½ ¼132-87½ ¼183-07½ 22-42 ¼61-34½ ¼13-08½ ¼26-45½o"kZ ds var esa fcuk igpku okyh ewY;kafdd gkfu@¼ykHk½

'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU;

Punjab & Sind Bank


10.4.3 Changes in the Present value of the Obligation (Rs. in crore)

Particulars Pension (Funded) Gratuity (Funded) Leave Encashment(funded)

2014-15 2013-14 2014-15 2013-14 2014-15 2013-14Present Value of defined benefit obligation as at 1st April

2493.33 2419.87 284.19 389.02 165.71 185.78

Interest cost 190.79 209.92 19.04 31.15 11.53 15.05Current service cost 199.80 211.77 10.78 14.17 25.48 25.52Benefits paid (216.80) (174.73) (92.35) (85.78) (43.38) (37.04)Actuarial loss/ (gain) on obligations (130.00) (173.50) 18.62 (64.37) (14.61) (23.60)Present value of defined Benefit obligation at 31st March

2537.12 2493.33 240.28 284.19 144.73 165.71

10.4.4 Changes in the Present Value of Plan Assets (Rs. in crore)


2014-15 2013-14 2014-15 2013-14 2014-15 2013-14Fair value of Plan Assets as at 1st April 2313.19 2007.30 294.08 336.01 171.77 188.95Expected return of Plan Assets 205.87 180.66 26.17 30.24 17.18 17.01Employer contribution 212.29 290.39 13.29 16.64 Nil NilBenefits paid (216.80) (174.73) (92.35) (85.78) (43.38) (37.04)Actuarial (loss)/ gain 2.87 9.57 (3.80) (3.03) (1.53) 2.85Fair value of Plan Assets as at 31st March 2517.42 2313.19 237.39 294.08 144.04 171.77Actual return on Plan Assets 208.74 190.23 22.37 27.21 15.65 19.86

10.4.5 Net Actuarial Loss/ (Gain) (Rs. in crore)


2014-15 2013-14 2014-15 2013-14 2014-15 2013-14Actuarial loss/(gain) on Obligation. (A) (130.00) (173.50) 18.62 (64.37) (14.61) (23.60)Actuarial loss/(gain) on Plan Assets (B) (2.87) (9.57) 3.80 3.03 1.53 (2.85)Net Actuarial loss/(gain) (132.87) (183.07) 22.42 (61.34) (13.08) (26.45)Actuarial loss/(gain) recognized in the period (132.87) (183.07) 22.42 (61.34) (13.08) (26.45)Unrecognized actuarial loss/ (Gain) at the end of the year

Nil Nil Nil Nil Nil Nil

iatkc ,.M fla/ cSad


10-4-6 rqyu&i= esa igpkuh xbZ jkf'k ¼#- djksM+ esa½

fooj.k isa'ku ¼fuf/kd½ xzsP;qVh ¼fuf/kd½ vodk'k udnh ¼fuf/kd½

2014&15 2013&14 2014&15 2013&14 2014&15 2013&1431 ekpZ dks ifjHkkf"kr ykHk ns;rk dk orZeku ewY;

2537-12 2493-33 240-28 284-19 144-73 165-71

?kVk,a % 31 ekpZ dks Iyku vkfLr;ksa dk mfpr ewY;

2517-42 2313-19 237-39 294-08 144-04 171-77

rqyu i= esa igpku dh xbZ xSj fuf/k 'kq) vkfLr@ns;rk

¼19-70½ ¼180-14½ ¼2-89½ 9-89 ¼0-69½ 6-06

10-4-7 ykHk rFkk gkfu [kkrs esa O;;ksa dh igpku ¼#- djksM+ esa½


2014&15 2013&14 2014&15 2013&14 2014&15 2013&14pkyw lsok ykxr 199-80 211-77 10-78 14-17 25-48 25-52C;kt ykxr 190-79 209-92 19-04 31-15 11-53 15-05Iyku vkfLr;ksa ij vuqekfur fjVuZ ¼205-87½ ¼180-66½ ¼26-17½ ¼30-24½ ¼17-18½ ¼17-01½o"kZ ds nkSjku 'kq) ewY;kafdr ¼ykHk½@gkfu ¼132-87½ ¼183-07½ 22-42 ¼61-34½ ¼13-08½ ¼26-45½'kq) ¼ykHk½ O;; 51-85 57-96 26-07 ¼46-26½ 6-75 ¼2-89½

10-4-8 rqyu&i= esa igpkuh xbZ ns;rkvksa esa mrkj&p<+ko ¼#- djksM+ esa½


2014&15 2013&14 2014&15 2013&14 2014&15 2013&14çkjafHkd 'kq) ns;rk@¼vkfLr;k¡½ 180-14 412-57 ¼9-89½ 53-01 ¼6-06½ ¼3-17½'kq) ykHk O;; 51-85 57-96 26-07 ¼46-26½ 6-75 ¼2-89½?kVk,a&fn;k x;k va'k 212-29 290-39 13-29 16-64 'kwU; 'kwU;vfUre ns;rk@¼vkfLr;k¡½ 19-70 180-14 2-89 ¼9-89½ 0-69 ¼6-06½

10-4-9 U;kl }kjk j[ks tkus okyk fuos'k çfr'kr ¼çfr'kr esa½


2014&15 2013&14 2014&15 2013&14 2014&15 2013&14dsUæh; ljdkj dh çfrHkwfr;k¡ 15-90 18-31 3-10 3-40 'kwU¸ 'kwU;jkT; ljdkj dh çfrHkwfr;k¡ 40-80 37-68 &&& ---- 'kwU; 'kwU;mPp Lrjh; dksjiksjsV c‚aMl 33-90 36-02 45-05 33-94 'kwU; 'kwU;fo'ks"k tek ;kstuk,a &&& & &&& -- 'kwU; 'kwU;vU; fuos'k 9-40 7-99 51-85 62-66 100 100

Punjab & Sind Bank


10.4.6 Amount recognized in the Balance Sheet (Rs. in crore)


2014-15 2013-14 2014-15 2013-14 2014-15 2013-14 Present value of defined benefit obligation as at 31st March

2537.12 2493.33 240.28 284.19 144.73 165.71

Less:Fair value of Plan Assets as at 31st March

2517.42 2313.19 237.39 294.08 144.04 171.77

Unfunded net Asset / (Liability) Recognized in the balance sheet

(19.70) (180.14) (2.89) 9.89 (0.69) 6.06

10.4.7 Expenses recognized in the Profit & Loss Account (Rs. in crore)


2014-15 2013-14 2014-15 2013-14 2014-15 2013-14Current service cost 199.80 211.77 10.78 14.17 25.48 25.52Interest cost 190.79 209.92 19.04 31.15 11.53 15.05Expected return on plan assets (205.87) (180.66) (26.17) (30.24) (17.18) (17.01)Net Actuarial (gain)/ loss recognized during the year

(132.87) (183.07) 22.42 (61.34) (13.08) (26.45)

Net (benefit)/ expense 51.85 57.96 26.07 (46.26) 6.75 (2.89)

10.4.8 Movements in the liability recognized in the Balance Sheet (Rs. in crore)


2014-15 2013-14 2014-15 2013-14 2014-15 2013-14Opening net Liability/(Asset) 180.14 412.57 (9.89) 53.01 (6.06) (3.17)Net benefit expense 51.85 57.96 26.07 (46.26) 6.75 (2.89)Less: Contribution paid 212.29 290.39 13.29 16.64 Nil NILClosing liability/(Asset) 19.70 180.14 2.89 (9.89) 0.69 (6.06)

10.4.9 Investment percentage maintained by the trust (in % age)


2014-15 2013-14 2014-15 2013-14 2014-15 2013-14Central Government Securities 15.90 18.31 3.10 3.40 Nil NilState Government Securities 40.80 37.68 ---- ---- Nil NilHigh Safety Bonds/TDRs 33.90 36.02 45.05 33.94 Nil NILSpecial Deposit Scheme ---- ---- ---- ---- Nil NilOther investments 9.40 7.99 51.85 62.66 100 100

iatkc ,.M fla/ cSad


10-4-10 rqyu&i= dh frfFk dks ewy chekafdd ewY;kadu ¼çfr'kr esa½


2014&15 2013&14 2014&15 2013&14 2014&15 2013&14cêk nj 8-00 9-00 8-00 9-00 8-00 9-00Iyku vkfLr;ksa ij vuqekfur ykHk nj 8-90 9-00 8-90 9-00 10-00 9-00osru esa o`f) dh nj 5-00 5-00 5-00 5-00 5-00 5-00vuq'k; nj 1-00 1-00 1-00 1-00 1-00 1-00ç;ksx esa ykbZ xbZ ç.kkyh ih;wlh ih;wlh ih;wlh ih;wlh ih;wlh ih;wlh

10-4-11 chekafdd ewY;kadu dk vk/kkj

fooj.k ewY;kadu dk vk/kkjcêk nj ns;rk ds vuqekfur vk/kkj ij ljdkjh ckaMksa dh 'krksaZ ds vuq:i rqyu&i= dh frfFk ij cktkj ds vuq#i

ykHk ds lanHkZ esa cêk nj dk fu/kkZj.k fd;k x;k gSAIyku vkfLr;ksa ij vuqekfur nj

lacaf/kr ns;rk dh iw.kZ vof/k gsrq vof/k ds çkjaHk ds le; ij Iyku vkfLr;ksa ij vuqekfur ykHk cktkj vuqekuksa ij vk/kkfjr gSA

osru esa o`f) dh nj chekafdd ewY;kadu esa Hkfo"; esa osru o`f) dks /;ku esa j[kk x;k rFkk eqæk çlkj] ofj"Brk] çksfUur rFkk vU; lacaf/kr ?kVdksa tSls Jfed cktkj esa ekWax rFkk vkiwfrZ ij fopkj fd;k x;k gSA

vuq'k; nj vuq'k; nj dk fu/kkZj.k iwoZ rFkk vuqekfur Hkfo"; ds vuqHko ds vuqlkj fu/kkZfjr fd;k x;k gS rFkk e`R;q dks NksM+dj blesa leLr çdkj ds vkgj.k lfEefyr gS ysfdu blesa viaxrk dkjd Hkh 'kkfey gSA

10-4-12 vU; nh?kZ vof/k okys deZpkjh ykHk ¼xSj fuf/kd½ ¼#- djksM+ esa½

fooj.k ,yVhlh@,y,Qlh udnhdj.k*

flYoj tqcyh cksul esfMdy ykHk lsok fuo`fÙk migkj

2014&15 2013&14 2014&15 2013&14 2014&15 2013&14 2014&15 2013&14ns;rk dk orZeku ewY; 7-96 12-25 0-97 0-37 0-51 0-49 2-04 1-08ikjxeu ns;rk 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU;o"kZ ds nkSjku igpkuh xbZ ikjxeu ns;rk

'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU;

igpku u dh xbZ ikjxeu ns;rk

'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU;

rqyu&i= esa igpkuh xbZ ns;rk

7-96 12-25 0-97 0-37 0-51 0-49 2-04 1-08

*tSlkfd izca/ku us fu/kkZfjr fd;k gSaA

Punjab & Sind Bank


10.4.10 Principal Actuarial assumptions at the Balance Sheet date (in % age)


2014-15 2013-14 2014-15 2013-14 2014-15 2013-14Discount rate 8.00 9.00 8.00 9.00 8.00 9.00Expected rate of return on plan assets 8.90 9.00 8.90 9.00 10.00 9.00Rate of escalation in salary 5.00 5.00 5.00 5.00 5.00 5.00Attrition rate 1.00 1.00 1.00 1.00 1.00 1.00Method used PUC PUC PUC PUC PUC PUC

10.4.11 Basis of Actuarial Assumptions consideredParticulars Basis of assumption

Discount rate Discount rate has been determined by reference to market yield on the balance sheet date on Government Bonds of term consistent with estimated term of the obligation.

Expected rate of return on plan assets

The expected return on Plan assets is based on market expectation, at the beginning of the period, for returns over the entire life of the related obligation.

Rate of escalation in salary

The estimates of future salary increases considered in actuarial valuation take account of inflation, seniority, promotion, and other relevant factor, such as supply and demand in employee market.

Attrition rate Attrition rate has been determined by reference to past and expected future experience and includes all type of withdrawals other than death but including those due to disability.

10.4.12 Other long term employee benefit (Non funded) (Rs. in crore)

Particulars LTC/LFCEncashment *

Silver jubilee Bonus Medical Benefits *

Retirement Gifts

2014-15 2013-14 2014-15 2013-14 2014-15 2013-14 2014-15 2013-14Present Value of Obligation 7.96 12.25 0.97 0.37 0.51 0.49 2.04 1.08Transitional Liability NIL NIL NIL NIL NIL NIL NIL NILTransitional liability recognized during the year

NIL NIL NIL NIL NIL NIL NIL NIL

Unrecognized transitional liability NIL NIL NIL NIL NIL NIL NIL NILLiability recognized in the Balance Sheet

7.96 12.25 0.97 0.37 0.51 0.49 2.04 1.08

* As assessed by the management

iatkc ,.M fla/ cSad


10-5 ys[kkekud & 17 & [kaM fjiksfVZx

Hkkx d% O;kikj [kaM ¼#- yk[kksa esa½

fooj.k 31-03-2015 31-03-20141- [k.M jktLo

d- jktdks"k 226994 200556[k- dkiksZjsV@lexz cSafdax 469691 476456x- QqVdj cSafdax 204946 162868?k- vU; cSafdax ifjpkyu 99 119dqy 901730 839999

2- [kaM ifj.kked- jktdks"k 7724 1429[k dkiksZjsV@lexz cSafdax 74400 83591x- QqVdj cSafdax 32463 28575?k- vU; cSafdax ifjpkyu 99 119dqy 114686 113714

3- xSj&vkcafVr O;; 37141 336594- ifjpkyu ykHk 77545 800555- çko/kku o vkdfLed ns;rk,a 62733 554216- vk;dj 2677 &54297- fo'ks"k ykHk@gkfu 08- 'kq) ykHk 12135 30063vU; lwpuk9- [kaM vkfLr;k¡

d- jktdks"k 2727518 2884926[k dkiksZjsV@lexz cSafdax 4856357 4841480x- QqVdj cSafdax 2119040 1654968?k- vU; cSafdax ifjpkyu 0 0M- xSj&vkcafVr vkfLr;k¡ 72425 69541dqy vkfLr;k¡ 9775340 9450915

10- [kaM ns;rk,ad- jktdks"k 2586797 2746402[k dkiksZjsV@lexz cSafdax 4605804 4609010x- QqVdj cSafdax 2009713 1575503?k- vU; cSafdax ifjpkyu 0 0M- xSj&vkcafVr vkfLr;k¡ 13409 18872dqy vkfLr;k¡ 9215723 8949787

uksV% ekud ,-,l&17 rFkk Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr fn'kk&funsZ'kksa ds vuq:i [kaM fjiksfVZx ds mís'; ls cSad ds O;olk; dks pkj [kaMksa esa oxhZ—r fd;k x;k gS tksfd v- jktdks"k ifjpkyu c- dkjiksjsV@Fkksd cSafdax lh- QqVdj cSafdax Mh- vU; cSafdax ifjpkyu gS¡A

d‚jiksjsV@Fkksd rFkk QqVdj cSafdax [kaM ds laca/k esa [kaMh; jktLo] ifj.kke] vkfLr rFkk ns;rkvksa dks bu [kaMksa esa fn, x, _.kksa ds vk/kkj ij oxhZ—r fd;k x;k gSA

tgk¡ [kaMksa ls lacaf/kr vkfLr rFkk ns;rk vkcafVr dh xbZ gks rFkk tgk¡ ij ;s çR;{kr% muls lacaf/kr u gks] mudk vkcaVu ;Fkk vuqikr [kaM jktLo ds vk/kkj ij fd;k x;k gSA

Punjab & Sind Bank


10.5 AS 17 – Segment Reporting Part A : Business Segment :

(Rs. in Lakhs)Particulars 31.03.15 (Audited) 31.03.14 (Audited)

1. Segment Revenue a) Treasury 226994 200556 b) Corporate/ Wholesale Banking 469691 476456 c) Retail Banking 204946 162868 d) Other Banking Operations 99 119 Total 901730 8399992. Segment Result a) Treasury 7724 1429 b) Corporate/ Wholesale Banking 74400 83591 c) Retail Banking 32463 28575 d) Other Banking Operations 99 119 Total 114686 1137143. Unallocated Expenses 37141 336594. Operating Profit 77545 800555. Provisions & Contingencies 62733 554216. Income Tax 2677 -54297. Extra Ordinary Profit/ Loss 0 08. Net Profit 12135 30063 Other Information:9. Segment Assets a) Treasury 2727518 2884926 b) Corporate/ Wholesale Banking 4856357 4841480 c) Retail Banking 2119040 1654968 d) Other Banking Operations 0 0 e) Unallocated Assets 72425 69541 Total Assets 9775340 945091510. Segment Liabilities a) Treasury 2586797 2746402 b) Corporate/ Wholesale Banking 4605804 4609010 c) Retail Banking 2009713 1575503 d) Other Banking Operations 0 0 e) Unallocated Liabilities 13409 18872 Total Liabilities 9215723 8949787

Note: For the purpose of segment reporting in terms of AS-17 of ICAI and as prescribed in RBI guidelines, the business of the Bank has been classified into four segments i.e. a) Treasury Operations, b) Corporate/Wholesale Banking, c) Retail Banking and d) Other Banking Operations.

Segmental Revenue, Results, Assets & Liabilities in respect of Corporate / Wholesale and Retail Banking segment have been bifurcated on the basis of exposure to these segments.

Assets & Liabilities wherever directly related to segments have been accordingly allocated to segments and wherever not directly related have been allocated on the basis of pro-rata segment revenue.

iatkc ,.M fla/ cSad


Hkkx [k% HkkSxksfyd [kaM

cSad dh fons'k esa dksbZ Hkh 'kk[kk ugha gS ] blfy, HkkSxksfyd [kaM dh tkudkjh nsus dh vko';drk ugha gSA

10-6 ys[kk ekud 18 & lacaf/kr ikVhZ çdVhdj.k

eq[; çca/ku vf/kdkjh

¼1-½ Jh tfranjchj flag fnukad 04-02-2014 ls v/;{k ,oa çca/k funs'kd ¼2-½ Jh eqds'k dqekj tSu fnukad 05-08-2013 ls dk;Zdkjh funs'kd¼3-½ Jh fd'kksj dqekj lk¡lh fnukad 31-12-2014 rd dk;Zdkjh funs'kd

d- çeq[k çca/ku vf/kdkfj;ksa dks fn;k x;k ikfjJfed #- yk[kksa esa

uke ,oa inuke 2014&15 2013&14Jh Mh-ih- flag] HkwriwoZ v/;{k ,oa çca/k funs'kd &&& 15-05Jh ih-ds- vkuUn] HkwriwoZ dk;Zdkjh funs'kd &&& 2-87Jh tfranjchj flag] v/;{k ,oa çca/k funs'kd 20-03 2-84Jh fd'kksj dqekj lk¡lh] dk;Zdkjh funs'kd 12-46 10-12Jh eqds'k dqekj tSu] dk;Zdkjh funs'kd 16-61 10-67

[k½ çeq[k çca/ku vf/kdkfj;ksa ,oa muds lacaf/k;ksa dks fn, x, _.k%

fooj.k fnukad 31-03-2015 fnukad 31-03-2014cdk;k _.k 'kwU; 'kwU;

x½ lEcfU/kr ikVhZ dk uke & lryqt xzkeh.k cSad ¼lg;ksxh½

,l&18 ds iSjk 9 esa lEcfU/kr ikVhZ ds çdVu esa] tks jkT; fu;af=r m|eksa dks vU; lEcfU/kr ikfVZ;ksa] tks jkT; }kjk gh fu;af=r dh tkrh gS] ds lkFk fd, x, ysu&nsu dk çdVu djus ls NwV nsrk gSA vr% lg;ksxh cSad ds lkFk fd, x, ysu&nsu dk çdVu ugha fd;k x;k gSA

10-7 çfr 'ks;j vk; ¼,,l&20½ ¼#- djksM+ esa½

fooj.k 2014&15 2013&14bDoVh 'ks;j /kkjdksa gsrq dj ds ckn dqy ykHk ¼#- djksM+ esa½ 121-35 277-57bDoVh 'ks;jksa dh Hkkfjr vkSlr la[k;k ¼djksM+ esa½ 33-80 25-97vk/kkj ,oa de dh xbZ çfr 'ks;j vk; ¼#-½ 3-59 10-69çfr 'ks;j vafdr ewY; ¼#-½ 10-00 10-00

10-8 ys[kk ekud 21& lesfdr foÙkh; fooj.khcSad dh dksbZ vuq"kaxh ugha gS vr% ys[kkekud 21 ykxw ugha gSA

10-9 ys[kk ekud 22 & vk; ij djksa gsrq ys[kkadu

10-9-1 cSad us vk;dj ys[kk&tks[kk esa Hkkjrh; lunh ys[kkdkj laLFkku }kjk tkjh ys[kk ekud 22] vk; ij djksa dk ys[kkadu* dk vuqikyu fd;k gSA

Punjab & Sind Bank


Part B : Geographical Segment :

Since the Bank does not have any overseas branch, reporting under Geographic Segment is not applicable.

10.6 AS 18 – Related Party Disclosures Key Managerial Personnel:

(i) Mr. Jatinderbir Singh Chairman and Managing Director since 04.02.2014(ii) Mr. Mukesh Kumar Jain Executive Director since 05.08.2013(iii) Mr. Kishore Kumar Sansi Executive Director upto 31.12.2014

a) Remuneration Paid to Key management personnel : (Rs. in lacs)

Name and Designation 2014-15 2013-14Mr. D.P. Singh, Ex-Chairman & Managing Director - 15.05Mr. P.K. Anand, Ex- Executive Director - 2.87Mr. Jatinderbir Singh, Chairman & Managing Director 20.03 2.84Mr. Kishore Kumar Sansi, Ex- Executive Director 12.46 10.12Mr. Mukesh Kumar Jain, Executive Director 16.61 10.67

b) Loans granted to Key Managerial Personnel & their relatives:

Particulars As on 31.03.2015 As on 31.03.2014Loans outstanding NIL NIL

c) Name of Related Party - Satluj Gramin Bank (An Associate)

Para 9 of AS 18 - Related Party Disclosures exempts state controlled enterprises from making any disclosures pertaining to their transactions with other related parties which are also state controlled. Hence, the transactions with the associated bank have not been disclosed.

10.7 AS 20 - Earning Per Share (Rs. in crore)

Particulars 2014-15 2013-14Net Profit After tax available for equity Shareholders 121.35 277.57Weighted Average Number of Equity Shares in crore 33.80 25.97Basic and Diluted Earning per Share (Rs.) 3.59 10.69Nominal Value per Share (Rs.) 10.00 10.00

10.8 AS 21 – Consolidated Financial StatementThe Bank does not have any subsidiary and as such AS 21 is not applicable.

10.9 AS 22 – Accounting for Taxes on Income

10.9.1 The Bank has accounted for Income Tax in compliance with Accounting Standard-22 ‘Accounting for taxes on Income’ issued by ICAI.

iatkc ,.M fla/ cSad


10-9-2 vkLFkfxr dj vfLr;ksa@ ns;rkvksa ds eq[; ?kVd fuEukuqlkj gS% ¼#- djksM+ esa½

fo"k; vkLFkfxr dj vkfLr;k¡ vkLFkfxr dj ns;rk,a31-03-2015 31-03-2014 31-03-2015 31-03-2014

1- LFkk;h vkfLr;ksa ij ewY;gkzl 'kwU; 3-04 2-322- mifpr C;kt ysfdu çfrHkwfr;ksa ij ns; ugh 'kwU; 168-40 166-163- /kkjk 36 1¼8½ ds varxZr fo'ks"k fjt+oZ 'kwU; 24-89 23-504- osru la'kks/ku gsrq çko/kku 94-91 55-43 'kwU;5- vxzlfjr gkfu;k¡ 0-00 59-61 'kwU;

dqy 94-91 115-04 196-33 191-98

10-9-3 fof/kd&dj fo'ks"kKksa dh jk; ds vk/kkj ij ys[kk vk; rFkk çfrHkwfr;ksa ds ewY; ij vk; dj dh x.kuk ds LFkk;h varj ij cSad us fopkj esa fd;k gS rFkk rnuqlkj #i, 379-26 djksM+ ¼iwoZ o"kZ ds #- 403-80 djksM+½ dh jkf'k dh vkLFkfxr dj ns;rk ds fuekZ.k dks vko';d ugha ekuk x;kA

10-9-4 fof/kd fo'ks"kKksa dh jk; rFkk vuqdwy U;kf;d vf/k?kks"k.kkvksa dks /;ku esa j[krs gq, cSad }kjk vk;dj] fÝat cSfufQV dj rFkk vkLFkfxr dj ds çko/kku dks i;kZIr ekuk x;kA

10-9-5 vihy çkf/kdkfj;ksa dh fu.kkZ;d fu.kZ; ç.kkyh rFkk dj fo'ks"kKksa dh jk; ds vuqlkj fookfnr vk;dj] C;kt dj dh dqy jkf'k #i, 239-19 djksM+ ¼iwoZ o"kZ esa #- 477-79 djksM+½ dh ekax ds çko/kku dks vko';d ugha ekuk x;k gSA

10-9-6 dj ijke'kZnkrkvksa ds vuqlkj cSad us pkyw foÙkh; o"kZ ds fy, vk;dj gsrq çko/kku dh lax.kuk ds fy, vk;dj vf/kfu;e] 1961 dh /kkjk 36 ¼1½¼VII½ ds varxZr dVkSfr;ksa dk nkok fd;k gS tks fd #- 249-17 djksM+ ¼fiNys o"kZ #- 216-70 djksM+½ ds xSj&xzkeh.k vfxzeksa dks lek;ksftr fd, cxSj cV~ Vs [kkrs Mkyus ds laca/k esa gSA vk;dj vf/kfu;e] 1961 dh /kkjk 36 ¼1½¼VII½ esa Li"Vhdj.k 2 ds lkFk ifBr /kkjk 36 ¼1½¼VII,½ ds vuqlkj xSj&xzkeh.k vfxzeksa dks v'kks/; _.k cV~ Vs [kkrs esa Mkyus ls lacaf/kr gS] ykxw ugha gSA ifj.kkeLo:i dj ds i'pkR k~ U;wure oSdfYid dj ¼eSV½ ØsfMV ik=rk #-74-27 djksM+ ¼fiNys o"kZ #- 68-10 djksM+½ rFkk vkLFkfxr dj ns;rk #-59-61 djksM+ ¼fiNys o"kZ vkLFkfxr dj ns;rk #- 59-61 djksM+½ cukus ij çfrQy ds :i esa ykHk esa o`f) gqbZ gSA dj laca/kh dkuwuh dkjZokbZ esa Åij lanfHkZr dVkSrh ds nkos ij cy nsus ds fy, çca/ku vk'kkoknh gSA

10-10 ys[kk ekud 23& lesfdr foÙkh; foojf.k;ksa esa lgk;d laLFkkvksa esa fuos'k gsrq ys[kkadu cSad ds ikl fdlh çdkj dh vuq"kaxh ugha gSA vr% ,,l 23 ykxw ugha gSA

10-11 ys[kk ekud 26&vewrZ vkfLr;k¡ cSad esa ç;ksx fd;k tk jgk ,fIyds'ku l‚¶Vos;j cSad esa gh rS;kj fd;k x;k gS tks fd fuf'pr le;kof/k esa fodflr fd;k x;k

gSA vr% l‚¶Vos;j dh ykxr cSad ds ifjpkyu O;; dk vko';gd fgLlk gS] tSls fd etnwjh vkfn rFkk ykHk&gkfu [kkrs esa lacaf/kr O;; 'kh"kZ esa ys[kkafdr fd;k x;k gSA

10-12 ys[kk ekud 28& vkfLr;ksa ds vutZd gksus laca/kh ys[kkadu ys[kk ekud 28& esa ifjHkkf"kr cSad }kjk /kkfjr fLFkj vkfLr;ksa dks Þfuxfer vkfLr;k¡ ß ekuk x;k gS u fd Þudnh fufeZr bdkb;kaßA

çca/ku dh jk; ds vuqlkj 31-03-2015 rd vkbZlh,vkbZ }kjk tkjh ,,l&28 dh 'krksaZ ds vuqlkj lexz jkf'k esa fLFkj vutZd vkfLr;k¡ dksbZ ugha gSA vU; vkfLr;ksa ds vutZd gksus dh fLFkfr esa Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr fo'ks"k fu;eksa ds rgr çko/kku dj fn, x, gSaA

10-13 ys[kk ekud&29 &çko/kkuksa] vkdfLed ns;rk,a vkSj vkdfLed vkfLr;ka10-13-1 ys[kk ekud & 29 ds vuqlkj] Hkkjrh; lunh ys[kkdkj laLFkku }kjk tkjh çko/kkuksa esa vkdfLed ns;rkvksa vkSj vkdfLed vkfLr;ksa

gsrq cSad us fuEu ds fy, dksbZ çko/kku ugh fd;k gS%

¼d½ iwoZ ?kVukvksa }kjk mRiUu dksbZ laHkkO; ns;rk ftldk ?kVuk ;k u ?kVuk Hkfo"; esa gksus okyh fdlh vfuf'pr ?kVuk ij fuHkZj gS] iw.kZr% cSad ds fu;a=.k esa ugha gSA vkSj

¼[k½ fiNyh ?kVukvksa ls mRiUu dksbZ orZeku ns;rk ftldks igpkuk ugha x;k gS D;ksafd*;g laHko ugha gS fd lalk/kuksa ds cfgxZeu ls vkfFkZd ykHk ds nkf;Roksa dk fuiVku fd;k tk lds ;k*ns;rk jkf'k dk lVhd vuqeku vkadk ugha tk ldk gSA

Punjab & Sind Bank


10.9.2 Major components of deferred tax assets/liabilities are as under:(Rupees in crore)

Head Deferred Tax Assets Deferred Tax Liabilities 31.03.2015 31.03.2014 31.03.2015 31.03.2014

1 Depreciation on Fixed Assets Nil 3.04 2.322 Interest accrued but not due on securities Nil 168.40 166.163 Special Reserve u/s 36(1)(viii) Nil 24.89 23.504 Provision for wage revision 94.91 55.43 Nil5 Brought forward losses 0.00 59.61 Nil

Total 94.91 115.04 196.33 191.98

10.9.3 Based on the opinion of tax expert, the bank has considered the difference between accounting income and computation of taxable income on valuation of securities as permanent and accordingly, deferred tax liability of Rs 379.26 crore (Previous Year Rs.403.80 crore) has not been considered necessary.

10.9.4 Provision for Income Tax, Deferred Tax and Fringe Benefit Tax held by the Bank is considered adequate taking into account the opinion of legal experts and favorable judicial pronouncements.

10.9.5 No provision has been considered necessary in respect of disputed demands of Income Tax, Fringe Benefit Tax and Interest Tax aggregating to Rs. 293.19 crore (Previous year Rs.477.79 crore) in view of decisions of appellate authorities / judicial pronouncements / opinions of legal experts.

10.9.6 In computing the provision for Income Tax for the current Financial Year, based on the opinion of tax consultant, the bank has claimed the deduction under section 36(1)(vii) of the Income Tax Act 1961 in respect of write off of non-rural advances of Rs.249.17 crore (previous year Rs.216.70 crore) without adjusting the same with the unexhausted provision outstanding under section 36(1)(viia) of the Income Tax Act 1961 holding that proviso read with Explanation-2 to section 36(1)(vii) is not applicable to the bad debts written off of non-rural advances. This has resulted into increase in Profit after Tax, MAT credit entitlement by Rs.74.27 crore (previous year Rs.68.10 crore) and creation of Deferred Tax Liability of Rs.59.61 crore (previous year Deferred Tax Asset of Rs.59.61 crore). The management is hopeful of enforcing its claim of above referred deduction in tax litigation.

10.10 AS 23 – Accounting for Investments in Associates in consolidated Financial Statements

The Bank does not have any subsidiary and as such AS 23 is not applicable.

10.11 AS 26 – Intangible Assets

The application software in use in the Bank has been developed in house and has evolved over a period of time. Hence ,the costs of software is essentially part of Bank’s operational expenses like wages etc. and as such are charged to the respective heads of expenditure in the Profit and Loss Account.

10.12 Accounting Standard 28 - Impairment of Assets

Fixed Assets possessed by Bank are treated as ‘Corporate Assets’ and not ‘Cash Generating Units’ as defined by AS-28. In the opinion of the Management, there is no impairment of the ‘Fixed Assets’ of material amount as of 31.03.2015, requiring recognition in terms of AS-28 issued by the ICAI. The impairment of other assets has been provided for as per Prudential Norms prescribed by the Reserve Bank of India.

10.13 Accounting Standard 29 - Provisions, Contingent Liability and Contingent Assets

10.13.1 As per AS-29 - Provisions, Contingent Liabilities and Contingent Assets, issued by the Institute of Chartered Accountants of India, the Bank recognizes no provision for -

a) Any possible obligation that arises from past events and the existence of which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Bank, or

b) Any present obligation from the past events but is not recognized because • It is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation; or• A reliable estimate of the amount of obligation cannot be made.

iatkc ,.M fla/ cSad


,slh ns;rkvksa dks vkdfLed ns;rkvksa ds #i esa fjdkMZ fd;k x;k gSA budk vkdyu fujarj fd;k tkrk gS vkSj ns;rkvksa ds dsoy og Hkkx ftuesa vkfFkZd ykHk dk ifjy{k.k gksrk gS dk çko/kku fd;k x;k gS flok; fo'ks"k ifjfLFkfr;ksa esa tgk¡ fo'oluh; vuqekuksa dh igpku ugha gks ldhA

foÙkh; foojf.k;ksa esa vkdfLed vkfLr;ksa dh igpku ugha dh xbZ gS D;ksafd ;s dHkh igpku esa u vkus okyh vk; esa ifjofrZr gks ldrh gSaA

10-13-2 vkdfLed ns;rkvksa laca/kh çko/kkuksa esa ?kV&c<+ ¼#- djksM+ksa esa½

fooj.k çkjafHkd 'ks"k o"kZ ds nkSjku ifjo/kZu o"kZ ds nkSjku dVkSrh vFk 'ks"k2014&15 2013&14 2014&15 2013&14 2014&15 2013&14 2014&15 2013&14

ftUgksaus cSad _.k dh vfHkLoh—fr ugha nh gS] ds fo:) nkok

26-61 18-16 0-75 8-70 0-61 0-25 26-75 26-61

bUoksDM cSad xkjaVh 6-44 3-87 3-00 6-38 0-43 0-06 6-44gLrkarfjr lk[k&i= 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU;

10-13-3 vU; egRoiw.kZ çko/kkuksa dks ys[kksa ds uksV okys fgLls esa mi;qä LFkku ij çdV fd;k x;k gSA

11-1 vfrfjä çdVhdj.k ¼#- djksM+ksa esa½

ykHk&gkfu [kkrs ds O;; 'kh"kZ ds varxZr çko/kku vkSj vkdfLed O;;ksa dk C;kSjk 2014&15 2013&14xSj&fu"ikfnr vfxzeksa gsrq çko/kku 436-62 512-91ekud vkfLr;ksa gsrq çko/kku 143-25 11-19vafdr ewY;ksa esa dVkSrh gsrq çko/kku iquxZfBr ¼ekud½ 63-62 9-01xSj&fu"ikfnr fuos'kksa gsrq çko/kku 1-71 8-42fuos'kksa esa ewY;ºkzl gsrq çko/kku &14-22 &3-11vU; çko/kku &3-65 15-79dj&fu/kkZj.k gsrq çko/kkuorZeku dj 144-64 186-54vkLFkfxr dj 24-48 &57-25laifÙk dj 0-80 0-48U;wure oSdfYid dj _.k ik=rk &143-15 &186-54vU; 0-00 2-48dqy 654-10 499-92

11-2 vLFkkbZ çko/kkuksa esa ?kV&c<+ ¼#- djksM+ksa esa½

2014&15 2013&14vFk 'ks"k 'kwU; 'kwU;o"kZ ds nkSjku ifjo/kZu 'kwU; 'kwU;o"kZ ds nkSjku vkgj.k ls fxjkoV 'kwU; 'kwU;bfr 'ks"k 'kwU; 'kwU;

11-3 vkjf{kr fuf/k ls vkgj.kiqjkuh çfof"V;ksa ds nkosnkjksa dks Hkqxrku djus ds fy, lkekU; vkjf{kr fuf/k [kkrs ls #- 0-00 yk[k ¼fiNys o"kZ #- 0-00 yk[k½ dh jkf'k dk vkgj.k fd;k x;kA

Punjab & Sind Bank


Such obligations are recorded as contingent liabilities. These are assessed continually and only that part of the obligation for which an outflow of resources embodying economic benefits is probable, is provided for, except in the extremely rare circumstances where no reliable estimate can be made.

Contingent Assets are not recognized in the financial statements since this may result in the recognition of income that may never be realized.

10.13.2 Movement of Provision against Contingent Liabilities: (Rs. in crore)

ParticularsOpening Balance Additions during the

yearReduction during

the yearClosing Balance

2014-15 2013-14 2014-15 2013-14 2014-15 2013-14 2014-15 2013-14 Claims against the Bank not acknowledged as Debt

26.61 18.16 0.75 8.70 0.61 0.25 26.75 26.61

Invoked Bank Guarantees 6.44 3.87 3.00 6.38 0.43 0.06 6.44L.C Devolved Nil Nil Nil Nil Nil Nil Nil NIl

10.13.3 Movement of other significant provisions has been disclosed at the appropriate places in the Notes forming part of the accounts.

11.1. Additional disclosures: (Rs. in crore)

Break up of ‘Provisions & Contingencies’ shown under the head Expenditure in Profit & Loss Account

2014-15 2013-14

Provision for Non Performing Advances 436.62 512.91Provision for Standard Assets 143.25 11.19Provision for diminution in FV Restructured (Standard) 63.62 9.01Provision for Non Performing Investments 1.71 8.42Provision for Depreciation in the value of Investments -14.22 -3.11Other Provisions -3.65 15.79Provision for Taxation:Current Tax 144.64 186.54Deferred Tax 24.48 -57.25Wealth Tax 0.80 0.48MAT Credit Entitlement -143.15 -186.54Others 0.00 2.48Total 654.10 499.92

11.2 Movement of Floating Provisions (Rs. in crore)

2014-15 2013-14Opening Balance Nil NilAdditions during the year Nil NilDraw down during the year Nil NilClosing Balance Nil Nil

11.3 Draw down from Reserve A sum of Rs. Nil lacs (previous year Rs. Nil lacs) has been drawn from the General Reserve on account of payment to the

claimant of old entries.

iatkc ,.M fla/ cSad


11-4 xzkgd f'kdk;rsa

2014&15 2013&14d½ o"kZ ds vkjaHk esa yafcr f'kdk;rksa dh la[;k 35 96[k½ o"kZ ds nkSjku çkIr f'kdk;rksa dh la[;k 1432 1810x½ o"kZ ds nkSjku fuiVkbZ xbZ f'kdk;rksa dh la[;k 1374 1871?k½ o"kZ ds var esa yafcr f'kdk;rksa dh la[;k 93 35

11-5 cSafdx yksdiky }kjk fu.khZr ekeys

2014&15 2013&14d½ o"kZ ds vkjaHk esa xSj&fØ;kfUor fu.kZ;ksa dh la[;k 2 1[k½ o"kZ ds nkSjku cSafdx yksdiky }kjk fu.khZr ekeyksa dh la[;k 6 5x½ o"kZ ds nkSjku fØ;kfUor fu.kZ;ksa dh la[;k 7 4?k½ o"kZ ds var esa yafcr xSj&fØ;kfUor fu.kZ;ksa dh la[;k 1 2

11-6 tekvksa] vfxzeksa] tksf[keksa ,oa ,u-ih-,- dk dsaæhdj.k11-6-1 tekvksa dk dsaæhdj.k

¼#- djksM+ksa esa½

31-03-2015 31-03-2014lcls cM+s 20 tekdrkZvksa dh dqy tek 16798-44 22177-88cSad dh dqy tek esa lcls cMs 20 tekdrkZvksa dh tek dk çfr'kr 19-37% 26-17%

11-6-2 vfxzeksa dk dsaæhdj.k¼#- djksM+ksa esa½

31-03-2015 31-03-2014lcls cM+s 20 _f.k;ksa@xzkgdksa dks dqy vfxze 17050-49 14203-61cSad ds dqy vfxze esa lcls cM+s 20 _f.k;ksa@xzkgdksa dks vfxze dk çfr'kr 26-31% 24-56%

11-6-3 tksf[keksa dk dsaæhdj.k¼#- djksM+ksa esa½

31-03-2015 31-03-2014lcls cM+s 20 _f.k;ksa@xzkgdksa ij dqy tksf[ke 17760-38 16248-41cSad ds _f.k;ksa@xzkgdksa ij dqy tksf[ke esa lcls cMs 20 _f.k;ksa@xzkgdksa ij dqy tksf[ke dk çfr'kr

27-41% 28-09%

11-6-4 ,u-ih-,- dk dsaæhdj.k¼#- djksM+ksa esa½

31-03-2015 31-03-2014lcls cM+s pkj ,u-ih-,- [kkrksa ij dqy tksf[ke 384-76 488-90

Punjab & Sind Bank


11.4 Customer’s Complaints: 2014-15 2013-14

a) No. of Complaints pending at the beginning of the year 35 96b) No. of Complaints received during the year 1432 1810c) No. of Complaints redressed during the year 1374 1871d) No. of Complaints pending at the end of the year 93 35

11.5 Awards Passed by the Banking Ombudsman: 2014-15 2013-14

a) No. of unimplemented Awards at the beginning of the year 2 1b) No. of Awards passed by Banking Ombudsman during the year 6 5c) No. of Awards implemented during the year 7 4d) No. of unimplemented Awards pending at the end of the year 7 2

11.6 Concentration of Deposits, Advances, Exposures and NPAs 11.6.1 Concentration of Deposits

(Rupees. In crore)

31.03.2015 31.03.2014Total Deposits of twenty largest depositors 16798.44 22177.88Percentage of Deposits of twenty largest depositors to Total Deposits 19.37% 26.17%

11.6.2 Concentration of Advances(Rupees. In crore)

31.03.2015 31.03.2014Total Advances to twenty largest borrowers 17050.49 14203.61Percentage of Advances to twenty largest borrowers to Total Advances 26.31% 24.56%

11.6.3 Concentration of Exposures(Rupees. In crore)

31.03.2015 31.03.2014Total Exposure to twenty largest borrowers/ customers 17760.38 16248.41Percentage of Exposure to twenty largest borrowers/ customers to Total Exposure of the bank on borrowers/ customers

27.41% 28.09%

11.6.4 Concentration of NPAs(Rupees. In crore)

31.03.2015 31.03.2014Total Exposure to top four NPA Accounts 384.76 488.90

iatkc ,.M fla/ cSad


11-7 {ks=okj ,u-ih-,- ¼#- djksM+ksa esa½

Ø-

la- {ks=*

31-03-2014 31-03-2015

cdk;k dqy vfxze dqy ,uih,

ml {ks= esa dqy vfxze esa ,u-ih-,- dk

çfr'krcdk;k dqy

vfxze dqy ,uih,

ml {ks= esa dqy vfxze esa ,u-ih-,- dk

çfr'kr

d- çkFkfedrk {ks=

1- —f"k ,oa lacaf/kr xfrfof/k;k¡ 6083-90 201-83 0-35 6787-37 322-53 0-50%

2-çkFkfedrk {ks= _.k ds :i esa ik= vkS|ksfxd {ks= dks vfxze 3184-92 478-36 0-83 3236-62 439-53 0-68%

3- lsok {ks= 4102-92 322-21 0-56 4880-47 526-59 0-81%

4- O;fäxr _.k 2493-73 155-08 0-27 3052-84 170-01 0-26%

mi&;ksx ¼d½ 15865-47 1157-48 2-00 17957-3 1458-66 2-25%

[k xSj&çkFkfedrk {ks=

1 —f"k ,oa lacaf/kr xfrfof/k;k¡ 0-00 0-00 0-00 3-19 0-20 0-00

2 m|ksx 24154-75 1043-09 1-80 23141-50 1187-87 1-83

3 lsok {ks= 16335-29 284-71 0-49 22105-62 359-49 0-55

4 O;fäxr _.k 1502-24 68-25 0-12 1588-84 75-97 0-12

mi&;ksx ¼[k½ 41992-28 1396-05 2-41 46839-15 1623-53 2-51

dqy ¼d+[k½ 57857-75 2553-53 4-41 64796-45 3082-19 4-76

*cSad mä çk:i esa ml mi {ks= ds dqy vfxzeksa ls cdk;k vfxze 10% ls vf/kd gSa] dk çdVhdj.k dj ldrk gSA mnkgj.kkFkZ] ;fn [kuu {ks= dks cSad dk dqy cdk;k m|ksx {ks= ds dqy vfxze ls 10 çfr'kr ls vf/kd gS rks cSad dks m|ksx {ks= dks vfxze ds varxZr [kuu {ks= esa vyx ls mä çk:i esa çdV djuk pkfg,A

11-8 ,u-ih-,- esa mrkj&p<+ko ¼#- djksM+ksa esa½

fooj.k 31-03-2015 31-03-20141 vçSy dks ldy ,uih,- ¼vFk 'ks"k½ 2553-52 1536-90 o"kZ ds nkSjku ifjo/kZu ¼u, ,uih,-½ 1242-42 1619-61mi&;ksx ¼d½ 3795-94 3156-51?kVk % i½ mUUk;u 260-59 187-19 ii½ olwfy;k¡ ¼mUu;u [kkrksa ls dh xbZ olwyh ds vfrfjä½ 189-88 108-92 iii½ cês [kkrksa esa Mkyuk 263-28 306-88 mi&;ksx [k] 713-75 602-99 31 ekpZ dks ldy ,uih,-¼bfr 'ks"k½ ¼d&[k½ 3082-19 2553-52

Punjab & Sind Bank


11.7

Sl. No. Sector*

31.03.2014 31.03.2015

Outstanding Total

AdvancesGross NPAs

Percentage of Gross NPAs to

Total Advances in that sector

Outstanding Total

Advances Gross NPAs

Percentage of Gross NPAs to

Total Advances in that sector

A Priority Sector

1Agriculture and allied activities 6083.90 201.83 0.35 6787.37 322.53 0.50%

2

Advances to industries sector eligible as priority sector lending 3184.92 478.36 0.83 3236.62 439.53 0.68%

3 Services 4102.92 322.21 0.56 4880.47 526.59 0.81%4 Personal loans 2493.73 155.08 0.27 3052.84 170.01 0.26% Sub-total (A) 15865.47 1157.48 2.00 17957.3 1458.66 2.25%B Non Priority Sector

1Agriculture and allied activities 0.00 0.00 0.00 3.19 0.20 0.00

2 Industry 24154.75 1043.09 1.80 23141.50 1187.87 1.833 Services 16335.29 284.71 0.49 22105.62 359.49 0.554 Personal loans 1502.24 68.25 0.12 1588.84 75.97 0.12 Sub-total (B) 41992.28 1396.05 2.41 46839.15 1623.53 2.51 Total (A+B) 57857.75 2553.53 4.41 64796.45 3082.19 4.76

*Banks may also disclose in the format above, sub sectors where the outstanding advances exceeds 10 percent of the outstanding total advances to that sector. For instance, if a bank’s outstanding advances to the mining industry exceed 10 percent of the outstanding total advances to ‘Industry’ sector it should disclose details of its outstanding advances to mining separately in the format above under the ‘Industry’ sector.

11.8 Movement of NPAs (Rs. in crore)

Particulars 31.03.2015 31.03.2014Gross NPAs as on 1st April (Opening Balance) 2553.52 1536.90Additions (Fresh NPAs) during the year 1242.42 1619.61Sub-total (A) 3795.94 3156.51Less: (i) Up-gradations 260.59 187.19 (ii) Recoveries (excluding recoveries made from up-graded accounts) 189.88 108.92 (iii) Write-offs 263.28 306.88Sub-total (B) 713.75 602.99Gross NPAs as on 31st March (closing balance) (A-B) 3082.19 2553.52

iatkc ,.M fla/ cSad


Particulars 31.03.2015 31.03.20141 vçSy dks rduhdh@çqMsa'ky cêk [kkrksa dk çkjafHkd 'ks"k½ 957-09 700-36 tek % o"kZ ds nkSjku rduhdh@çqMsa'ky cêk [kkrs 263-27 306-80mi&;ksx ¼d½ 1220-36 1007-16?kVk % o"kZ ds nkSjku fiNys rduhdh@çqMsa'ky cêk [kkrksa ls dh xbZ olwyh ¼[k½ 42-06 50-0731 ekpZ dks ¼bfr 'ks"k½ ¼d&[k½ 1178-30 957-09

11-9 fons'kh vkfLr;k¡] ,u-ih-,- ,oa jktLo¼#- djksM+ksa esa½

fooj.k 31-03-2015 31-03-2014dqy vkfLr;k¡ 259-55 148-57dqy ,u-ih-,- 0 0dqy jktLo 0-37 0-57

11-10 rqyu&i= ls brj çk;ksftr ,l-ih-oh- ¼#- djksM+ksa esa½

çk;ksftr ,l-ih-oh- dk uke?kjsyw fons'k

31-03-2015 31-03-2014 31-03-2015 31-03-2014'kwU; 'kwU;

11-11 varlZewg tksf[ke

Ø-la- fooj.k 31-03-2015laLoh—r _.k@fyfeV jkf'k 'ks"k cdk;k

¼d½ varlZewg tksf[ke dh dqy jkf'k 5-64 0¼[k½ 'kh"kZ 20 varlZewgksa ds tksf[ke dh dqy jkf'k 5-64 0¼x½ m/kkfj;ksa@xzkgdksa ij cSad ds dqy tksf[ke esa varlZewg tksf[ke

dk çfr'kr 0-01 0

¼?k½ varlZewg tksf[ke ij lhek Hkax dk fooj.k rFkk mu ij dh xbZ fofu;ked dkjZokbZ] ;fn dksbZ gks rks

'kwU; 'kwU;

11-12 tekdrkZ f'k{kk ,oa tkx#drk fuf/k ¼Mhb,,Q½ gsrq varj.k ¼#- djksM+ksa esa½

fooj.k 31-03-2015 31-03-2014Mhb,,Q gsrq varfjr jkf'k dk çkjafHkd 'ks"k 'kwU; 'kwU; tek % o"kZ ds nkSjku Mhb,,Q gsrq varfjr jkf'k 96-61 'kwU;?kVk % Mhb,,Q }kjk nkoksa ds fy, çfriwfrZ dh xbZ jkf'k 'kwU; 'kwU;Mhb,,Q dks varfjr jkf'k dk bfr 'ks"k 96-61 'kwU;

11-13 o"kZ ds nkSjku] Hkkjrh; fjt+oZ cSad ds ifji= fnukad 15-01-2014 la[;k MhchvksMh-ua-chih-chlh-85@21-06-200@2013&14 dh 'krksaZ ds vuqlkj cSad us la?kVdksa }kjk fn, x, fooj.kksa ds vuqlkj vjf{kr fons'kh eqæk tksf[ke gsrq #- 0-51 djksM+ dh jkf'k miyC/k dh gSA

Punjab & Sind Bank


Particulars 31.03.2015 31.03.2014Opening balance of Technical / Prudential written-off accounts as at April 1 957.09 700.36Add : Technical / Prudential write-offs during the year 263.27 306.80Sub-total (A) 1220.36 1007.16Less : Recoveries made from previously technical / prudential written-off accounts during the year (B)

42.06 50.07

Closing balance as at March 31 (A-B) 1178.30 957.09

11.9 Overseas Assets, NPAs and Revenue (Rs. in crore)

Particulars 31.03.2015 31.03.2014Total Assets 259.55 148.57Total NPAs 0 0Total Revenue 0.37 0.57

11.10 Off-Balance Sheet SPVs sponsored by Banks (Rs. in crore)

Name of the SPV sponsoredDomestic Overseas

31.03.2015 31.03.2014 31.03.2015 31.03.2014NIL NIL

11.11 Intra-Group ExposuresS.No. Particulars 31.03.2015

Sanc Loan/limit Balance O/s(a) Total amount of intra-group exposures 5.64 0(b) Total amount of top-20 intra-group exposures 5.64 0(c) Percentage of intra-group exposures to total exposure of the bank on

borrowers / customers0.01 0

(d) Details of breach of limits on intra-group exposures and regulatory action thereon, if any.

NIL NIL

11.12 Transfers to Depositor Education and Awareness Fund (DEAF)(Rs. in crore)

Particulars 31.03.2015 31.03.2014Opening balance of amounts transferred to DEAF NIL NILAdd : Amounts transferred to DEAF during the year 96.61 NILLess : Amounts reimbursed by DEAF towards claims NIL NILClosing balance of amounts transferred to DEAF 96.61 NIL

11.13 During the year, in terms of RBI Circular No. DBOD.No. BP.BC.85/21.06.200/2013-14 dt. 15.01.2014, the Bank has provided an amount of Rs. 0.51 cr. towards Unhedged Foreign currency Exposure Based on the details furnished by the constituents.

iatkc ,.M fla/ cSad


12- pyfuf/k O;kqfIr vuqikr ¼#- djksM+ksa esa½

31-03-2015dqy Hkkjjfgr 3 ewY;

¼vkSlr½dqy Hkkfjr ewY; 4

¼vkSlr½mPp xq.koÙkk py vkfLr;k¡1 dqy mPp xq.koÙkk py vkfLr;k¡ ¼,pD;w ,y,½ 7198-86*udnh çokg 2 fjVsy tek rFkk y?kq O¸kolk; xzkgd ls tek] ftldk % 38494-51 3811-30¼i½ fLFkj tek 763-08 38-15¼ii½ ?kVk fLFkj tek 37731-43 3773-143 vjf{kr Fkksd fu/kh;u] ftldk % 11980-22¼i½ ifjpkyu tek ¼lHkh çfri{kdkj½ 0-00 0-00¼ii½ xSj&ifjpkyu tek¼lHkh çfri{kdkj½ 26958-12 11980-22¼iii½ vjf{kr _.k 4 lajf{kr Fkksd fu/kh;u5 vfrfjä vko';drk,a] ftldk % 10194-33 1305-98¼i½ O;qiRiUu tksf[keksa ls lac) cfgxZeu rFkk vU; laikf'oZd vko';drk,a 0 0¼ii½ _.k mRiknksa ij fu/kh;u deh ls lac) cfgxZeu 0 0¼iii½ _.k ,oa pyfuf/k lqfo/kk,a 10194-33 1305-986 vU; lafonkReqd fu/kh;u nkf;Ro 7 vU; vkdfLed fu/kh;u nkf;Ro 8 dqy udnh çokg 17097-50udnh çokg9 çfrHkwfr lfgr _.k ¼;Fkk&fjolZ jsiks½ 58-33 58-3310 iw.kZ vtZd tksf[keksa ls vk; 13341-42 6681-5911 vU; udnh vk; 0-00 0-0012 dqy udnh vk; 13399-75 6739-92

dqy lek;ksftr 5 ewY;21 dqy ,pD;wk,y, 7198-8622 dqy 'kq) udnh çokg 10357-5823 pyfuf/k O;kfIr vuqikr ¼%½ 69-50

13- cSadksa ds çca/ku dk çfrfuf/kRo dj jgh Hkkjrh; cSad la?k vkSj dkexkj ;wfu;uksa rFkk vf/kdkfj;ksa dh ,lksf'k,lu dk çfrfuf/kRo dj jgs çkf/k—r çfrfuf/k;ksa ds e/; osru&o`f) ij fnukad 23-02-2015 dks gq, f}i{kh; le>kSrs ds –f"Vdks.k ls cSad us uoEcj] 2012 ls çHkkoh osru la'kks/ku ds [kkrs ij mfnr vkfLr;ksa dh çkfIr ds fy, # 116-16 djksM+ ¼xr o"kZ 131-63 djksM+ :i,½] ds rnFkZ ¼,M&gksd½ çko/kku fd, x, gSaA visf{kr lwpuk ds vHkko esa] ns;rk dk irk ugha yxk;k tk ldk rFkk vLFkkbZ :i ls miyC/k djk;k x;k gSA

Punjab & Sind Bank


12. Liquidity Coverage Ratio(Rs. in crore)

31.03.2015Total Unweighted3

Value (average)Total Weighted4 Value (average)

High Quality Liquid Assets1 Total High Quality Liquid Assets (HQLA) 7198.86

Cash Outflows2 Retail deposits and deposits from small business customers, of

which: 38494.51 3811.30

(i) Stable deposits 763.08 38.15 (ii) Less stable deposits 37731.43 3773.14 3 Unsecured wholesale funding, of which: 11980.22(i) Operational deposits (all counterparties) 0.00 0.00 (ii) Non-operational deposits (all counterparties) 26958.12 11980.22 (iii) Unsecured debt4 Secured wholesale funding5 Additional requirements, of which 10194.33 1305.98 (i) Outflows related to derivative exposures and other collateral

requirements 0 0

(ii) Outflows related to loss of funding on debt products 0 0(iii) Credit and liquidity facilities 10194.33 1305.98 6 Other contractual funding obligations7 Other contingent funding obligations8 Total Cash Outflows 17097.50

Cash Inflows9 Secured lending (e.g. reverse repos) 58.33 58.33

10 Inflows from fully performing exposures 13341.42 6681.59 11 Other cash inflows 0.00 0.0012 Total Cash Inflows 13399.75 6739.92

Total Adjsuted5 Value21 TOTAL HQLA 7198.8622 Total Net Cash Outflows 10357.5823 Liquidity Coverage Ratio (%) 69.50

13. In view of MOU dated 23.02.2015 signed between Indian Bank’s Association representing Management of Banks and the authorized representatives of Workmen Unions and Officers’ Association on wage revision. The Bank has made a provision of Rs 116.16 crore (previous year Rs. 131.63 crore) towards wage revision effective from November 2012. Since modalities are yet to be finalized, the actual liability could not be ascertained.

iatkc ,.M fla/ cSad


14- ,e,l,ebZMh vf/kfu;e] 2006 dh 'krksaZ ds vuqlkj çdVhdj.k

lw{e vkSj y?kq m|eksa ls Ø; dh xbZ py lEifÙk ls lacaf/kr lwpuk dk fooj.k

Ø-la- fooj.k 2014&15 2013&14ewy jkf'k C;kt ewy jkf'k C;kt

1- ewy/ku rFkk ml ij ns; C;kt ¼vyx ls n'kkZ;k tk,½ fdlh vkiwfrZdrkZ dks vçnÙk gSA

'kwU; 'kwU; 'kwU; 'kwU;

2- vkiwfrZdrkZ dks o"kZ ds nkSjku fu;r fnu ds vykok fd, x, Hkqxrku dh jkf'k ds lkFk ,e,l,ebZMh vf/kfu;e dh /kkjk 16 ds vuqlkj [kjhnnkj }kjk çnÙk C;kt dh jkf'k


3- Hkqxrku esa gqbZ nsjh dh vof/k ds fy, ns; rFkk cdk;k C;kt ¼tks vnk dj fn;k x;k gS ysfdu o"kZ ds nkSjku fu;r frfFk ds vykok½ ysfdu bl vf/kfu;e ds varxZr fufnZ"V C;kt dks 'kkfey fd, fcuk


4- mifpr C;kt rFkk 'ks"k vçnÙk jkf'k 'kwU; 'kwU; 'kwU; 'kwU;

5- mÙkjorhZ o"kksaZ esa ns; rFkk vfrfjä 'ks"k C;kt dh jkf'k] tgk¡ rd fd mi;qä ns; C;kt okLro esa y?kq m|eh dks vf/kfu;e dh /kkjk 23 ds varxZr dVkSrh ;ksX; O;; ds :i esa vLoh—fr ds mís'; ls vnk dj fn;k tkrk gSA


15- tgk¡ lwpuk miyC/k ugha Fkh] dks NksM+dj vkSj tgka vko';d Fkk fiNys o"kZ ds vkadMksa dks iqu% O;ofLFkr@iqu% oxhZ—r fd;k x;k gSA

uksV% ;g ewy vaxszth ikB dk fgUnh vuqokn gSA

Punjab & Sind Bank


14. Disclosures in Terms of MSMED Act 2006

Details of information relating to purchase of moveable property from Micro and Small Enterprises:

S. No. Particulars 2014-15 2013-14Principal Amount

Interest Principal Amount

Interest

1 The principal amount and the interest due thereon (to be shown separately) remaining unpaid to any supplier.

NIL NIL NIL NIL

2 The amount of interest paid by the buyer in terms of section 16 of the MSMED Act, along with the amount of the payment made to the supplier beyond the appointed day during the year.

NIL NIL NIL NIL

3 The amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under this Act;

NIL NIL NIL NIL

4 The amount of interest accrued and remaining unpaid. NIL NIL NIL NIL5 The amount of further interest remaining due and payable

even in the succeeding years, until such date when the interest dues as above are actually paid to the small enterprise , for the purpose of disallowance as a deductible expenditure under section 23 of the Act.

NIL NIL NIL NIL

15. The figures of the previous year have been re-grouped / re-arranged wherever necessary except where information was not available.

iatkc ,.M fla/ cSad


31 ekpZ] 2015 d¨ LkekIr o"kZ ds vuqLkkj udnh izokg fooj.kh((000NksMdj))

¼d½ ifjpkyu xfrfof/k;ksa ds varxZr udnh izokg 2014-15 2013-14

ykÒ&gkfu [kkrs ds vuqLkkj fuoy ykÒ@¼gkfu½ 1213483 3006264

Lkek;¨tu gsrqÁko/kku v©j vkdfLed O;; 6541015 4999155

ewY;gzkl ¼fuoy½ 462077 237688

vkfLr;ksa dh fcØh ij ykÒ -402 -1505

ckaM] ihLkhih,Lk rFkk vkbZihMhvkbZ ij C;kt 1489709 1727740

vkLFkfxr dj ns;rk,a 0 -234960

dkiksZjsV lkekftd mRrjnkf;Ro fuf/k 0 -20000

dk;Z'khy iwath esa ifjorZuksa Lks iwoZ ifjpkyu ykÒ 9705882 9714382

Lkek;¨tu gsrqfu{ksiksa esa o`f)@¼deh½ 19845512 140886623

m/kkjksa esa o`f)@¼deh½ 11431877 -2350084

vU; ns;rkvksa esa o`f)@(deh) -2074772 -2654398

fuos'kksa esa (o`f))@deh 15549283 -57569407

vfxzeksa esa (o`f))@deh -71318530 -63213305

vU; vkfLr;ksa esa (o`f))@deh -2955424 -128311

ifjpkyu xfrfof/k;ksa ¼d½ Lks udn Áokg -19816172 24685500

¼[k½ fuos'k xfrfof/k;ksa Lks udnh Áokgvpy vkfLr;ksa esa o`f) -845286 -581667

vkfLr;ksa dh fcØh ij ykÒ 402 1505

fuos'k xfrfof/k;ksa Lks udnh Áokg ¼[k½ -844884 -580162

¼x½ foŸkh; xfrfof/k;ksa Lks udnh Áokg

udnh gsrq bfDoVh 'ks;jksa (vafdr ewY;) dks tkjh djuk 304362 212630

mLk ij ÁkIr 'ks;j Áhfe;e 1495638 787370

LkkoZtfud fuxZe O;; -8121 -2188

x©.k ckaM tkjh djuk 0 0

x©.k ckaM dk e¨pu -400000 0

x©.k ckaMksa ij C;kt] ihLkhih,Lk ,.M vkbZihMhvkbZ -1489709 -1727740

ih,uLkhih,Lk o bfDoVh ij ykÒka'k -240247 -785625

ykÒka'k vkcaVu dj -54167 -133517

foRrh; xfrfof/k;ksa Lks udnh Áokg ¼x½ -392244 -1649070

ifjpkyu xfrfof/k;ksa Lks udnh -19816172 24685500

fuos'k xfrfof/k;ksa Lks udnh -844884 -580162

foŸkh; xfrfof/k;ksa Lks udnh -392244 -1649070

udnh o udnh LkerqY; esa o`f) -21053300 22456268

cSad 'ks"k o udnh ¼izkjafEHkd½ 63248375 40792107

cSad 'ks"k o udnh ¼vafre½ 42195073 63248375

Punjab & Sind Bank


CASH FLOW STATEMENT FOR THE YEAR ENDED 31st March, 2015(000'S OMITTED)

A. Cash Flow from Operating Activities 2014-15 2013-14Net Profit as per Profit & Loss Account 1213483 3006264Adjustments for:Provisions & Contingencies 6541015 4999155Depreciation 462077 237688Profit on sale of Assets -402 -1505Interest on Bonds, PCPS and IPDI 1489709 1727740Deferred Tax Liability 0 -234960Corporate Social Responsibility Fund 0 -20000Operating Profit before working capital changes 9705882 9714382Adjustments for:Increase / (Decrease) in Deposits 19845512 140886623Increase / (Decrease) in Borrowings 11431877 -2350084Increase / (Decrease) in Other Liabilities -2074772 -2654398(Increase) / Decrease in Investments 15549283 -57569407(Increase)/ Decrease in Advances -71318530 -63213305(Increase) / Decrease in Other Assets -2955424 -128311Cash Flow from Operating Activities (A) -19816172 24685500

B. Cash Flow from Investing ActivitiesIncrease in Fixed Assets -845286 -581667Profit on sale of Assets 402 1505Cash Flow from Investing Activities (B) -844884 -580162

C.Cash Flow from Financing ActivitiesIssue of Equity Shares (Face Value) for cash 304362 212630Share Premium received thereon 1495638 787370Public Issue Expenses -8121 -2188Issue of Subordinated Bonds 0 0Redemption of Subordinated Bonds -400000 0Interest on Bonds, PCPS and IPDI -1489709 -1727740Dividend on Equity & PNCPS -240247 -785625Dividend Distribution Tax -54167 -133517Cash Flow from Financing Activities (C) -392244 -1649070Cash from Operating Activities -19816172 24685500Cash from Investing Activities -844884 -580162Cash from Financing Activities -392244 -1649070Increase in Cash & Cash Equivalents -21053300 22456268Cash and Bank Balances (Opening) 63248375 40792107Cash and Bank Balances (Closing) 42195073 63248375

iatkc ,.M fla/ cSad


iatkc ,.M ÇLk/k cSad] ¼Òkjr Lkjdkj dk miØe½

Á/kku dk;kZy; 21] jktsUæ IysLk] ubZ fnYyh 110008¼i‚apoha okf"kZd lkekU; cSBd 29-06-2015½

QkeZ ‘ch’ÁkDLkh QkeZ

¼'ks;j/kkjd }kjk Hkjk vkSj gLrk{kj fd;k tk,½

e S a@ge ................................................................................................................................fuoklh ............................

ftyk............................dk@dh@ds jkT;.....................................................................................................................iatkc ,.M fla/k

cSad ds 'ks;j@/kkjd gksus ds ukrs ,rí~okjk Jh@Jhefr .....................................................fuoklh .......................................................

ftyk....................................jkT;.....................................dks vFkok muds mifLFkr u gks ldus ij [email protected]

fuoklh Jh@Jherh...............................................................................dks lkseokj] fnukad 29 twu 2015 dks çkr% 10-00 cts iatkc ,.M

fla/k cSad dh okf"kZd vke cSBd esa tksfd bafM;k baVjuS'kuy lsaVj] 40&eSDlewyj ekxZ] yksnh ,LVsV]ubZ fnYyh&110003 esa vk;ksftr gksxh

rFkk blds vf/kLFkxu gksus dh fLFkfr esa esjh@gekjh vksj ls esjs@gekjs fy, er nsus ds fy, ç‚Dlh& fu;qä djrk gw¡@gSaA

…….......…….. ekg ds …….......…….. fnu 2015 d¨ gLrk{kfjr

iath—r Qksfy;ks u-@xzkgd dk vkbZMh-u-'ks;jksa dh la[;k

............................ ....................................................

ÁkDLkh ds gLrk{kj

ÁFke/,dy 'ks;j/kkjd ds gLrk{kj

uke o irk: ............................

uke o irk: ............................

......................................................... .........................................................

vuqca/k ÞAß

Ñi;k jLkhnhfVdV fpidk,a

ç‚Dlh QkeZ gLrk{kj djus ,oa ntZ djus lca/kh vuqns'k1- dksbZ Hkh ç‚Dlh çys[k oS/k ugha gksxk tc rd fd%

d½ O;fäd 'ks;j /kkjd ds ekeys esa] ;g mlds }kjk ;k mlds vVkuhZ }kjk gLrk{kfjr gksxk rFkk ftls fyf[kr :i esa fof/kor~ çkf/k—r fd;k tk,xkA

[k½ la;qä 'ks;j /kkjd ds ekeys esa ;g jftLVj esa çFke 'ks;j /kkjd }kjk ;k mlds vVkuhZ }kjk gLrk{kfjr gksxk rFkk ftls fyf[kr :i esa fof/kor~ çkf/k—r fd;k tk,xkA

x½ fuxfer fudk; ds ekeys esa mlds vf/kdkjh }kjk gLrk{kfjr gksuk pkfg, ;k vVkuhZ fof/kor~ fyf[kr :i esa gksuh pkfg,A2- ç‚Dlh çys[k 'ks;j/kkjd }kjk gLrk{kfjr gksxk tksfd fdlh dkj.k ls viuk uke ugha fy[k ikrk gS] ;fn ml ij bldk fpà gS rFkk U;k;/kh'k]

eftLVªsV] vk'oklu jftLVªkj ;k mi jftLVªkj ;k ljdkjh jkti= vf/kdkjh ;k iatkc ,.M fla/k cSad ds vf/kdkjh }kjk vuqçekf.kr gSA3- ç‚Dlh ds lkFk%

d- vVkuhZ vf/kdkj ;k vU; çkf/kdkj ¼;fn dksbZ gS rks½ ftlds varxZr gLrk{kj fd, x, gSa ;k[k- uksVjh ifCyd ;k eftLVªsV }kjk çekf.kr vVuhZ vf/kdkj dh çfr itkac ,.M fla/k cSad] ç/kku dk;kZy; 'ks;j d{k] çFke ry]

21&jktsUæ Iysl] ubZ fnYyh&11008 dks okf"kZd lkekU; cSBd dh rkjh[k ls de ls de pkj fnu igys vFkkZr~ cq/kokj 24 twu 2015 ¼5-00 cts lk;adky½ dks dk;Zle; lekIr gksus ls iwoZ ;k ml frfFk dks çLrqr djuh gksxhA

4- ;fn lacaf/kr vVuhZ vf/kdkj iatkc ,.M fla/k cSad esa ;k 'ks;j VªkaLQj ,tsaV ds ikl igys ls iath—r gS rks vVkuhZ vf/kdkj dk jftLVªs'ku la[;k rFkk mldh frfFk dk mYys[k fd;k tk,A

5- ;fn ç‚Dlh çys[k QkeZ ÞBß ij ugha gS rFkk fof/kor~ LVkEi ugha gS rks og oS/k ugha ekuk tk,xkA6- cSad esa tek ç‚Dlh çys[k vçfrlagj.kh; rFkk vafre gksxk A7- ;fn ç‚Dlhv çys[k fodYi ds :i esa nks O;fä;ksa ds i{k esa tkjh fd;k tkrk gS rks ,d ls vf/kd Q‚eZ ij fopkj ugha fd;k tk,xk A8- ftl 'ks;j/kkjd us ç‚Dlh çys[k fu"ikfnr fd;k gS mls okf"kZd lkekU; cSBd esa oksV nsus dk vf/kdkj ugha gksxh ftlls og çys[k lacaf/kr gS A9- itkac ,.M fla/k cSad ds fdlh dkfeZd ;k vf/kdkjh dks çkf/k—r çfrfuf/k ;k ç‚Dlh fu;qä djus dk vf/kdkj ugha gksxk A

Punjab & Sind Bank



Head Office : 21 – RAJENDRA PLACE, NEW DELHI -110008{FIFTH ANNUAL GENERAL MEETING}: 29.06.2015

FORM ‘B' PROXY FORM

[To be filled and signed by the Shareholder]

I/We…………………………………………………………………………………………………………...Resident of…………………………………………….………………..in the district of

………………........................................... in the State of ……........................................…… being a shareholder /shareholders of the Punjab & Sind

Bank, hereby appoint Shri/Smt …………………………..........................................……….. resident of……….………………………………...in the district of

……………....…………………in the State of …………....…………………………or failing him/her, Shri/Smt …………………….......................................……….. resident

of …………………………………… in the district of ……………………………………… in the State of ……………...............……………. as my / our proxy to vote for me/

us and on my / our behalf at the Fifth Annual General Meeting of the Shareholders of Punjab & Sind Bank to be held on Monday the 29th June,

2015 at 10.00 A.M. at India International Centre, 40-Max Mueller Marg, Lodi Estate, New Delhi – 110 003 and at any adjournment thereof

Signed this …….......…….. day of ….....………. 2015

Regd. Folio No./Client ID: No. of Shares

............................ .............................................................................

Signature of Proxy Signature of the sole / first named shareholder

Name & Address: ..................................... Name & Address: ................................................

.................................................................. .............................................................................

Annexure-‘A’

Please affix Revenue

Stamp

INSTRUCTIONS FOR SIGNING AND LODGING THE PROXY FORM 1. No instrument of proxy shall be valid unless,

a) in the case of an individual shareholder, it is signed by him/her or his/her attorney, duly authorised in writing, b) in the case of joint holders, it is signed by the shareholder first named in the register or his / her attorney, duly authorised in writing, c) in the case of a body corporate signed by its officer or an attorney duly authorised in writing.

2. An instrument of proxy shall be sufficiently signed by any shareholder, who is, for any reason, unable to write his / her name, if his / her mark is affixed thereto and attested by a Judge, Magistrate, Registrar or Sub-Registrar of Assurances or other Government Gazetted Officer or an Officer of Punjab & Sind Bank.

3. The proxy together with : a) the power of attorney or other authority (if any) under which it is signed, or b) a copy of the power of attorney or authority, certified by a Notary Public or a Magistrate, should be deposited with Punjab & Sind

Bank, HO Shares Cell, 1st Floor, 21-Rajendra Place, New Delhi-110 008 not less than FOUR DAYS before the date of the Annual General Meeting i.e. on or before the closing hours of Wednesday, the 24th day of June, 2015 (5.00 p.m.)

4. In case the relevant Power of Attorney is already registered with Punjab & Sind Bank or Share Transfer Agent, the registration Number of Power of Attorney and the date of such registration may be mentioned.

5. No instrument of Proxy shall be valid unless it is in Form ‘B' and duly stamped. 6. An instrument of proxy deposited with the Bank shall be irrevocable and final. 7. In the case of an instrument of proxy granted in favour of two grantees in the alternative, not more than one form shall be executed. 8. The shareholder who has executed an instrument of proxy shall not be entitled to vote in person at the Annual General Meeting to which

such instrument relates. 9. No person shall be appointed as duly authorised representative or a proxy who is an officer or an employee of Punjab & Sind Bank.

iatkc ,.M fla/ cSad



Á/kku dk;kZy;&21 jktsUæ IysLk] ubZ fnYyh 110008

mifLFkfr ipÊi‚apohZ okf"kZd lkekU; cSBd

bafM;k baVjuS'kuy lsaVj] 40 eSDl ewyj ekxZ]

yks/kh ,LVsV] ubZ fnYyh&110003

lkseokj] twu 29] 2015 çkr% 10-00 cts

¼—i;k mifLFkrh iphZ dks iw.kZ :i ls Hkj nsa ,oa cSBd g‚y ds iathdj.k dkmaVj ij mls lkSai ns½

Mhih vkbZMh ,oa xzkgd vkbZMh iath—r Qksfy;ks

'ks;j/kkjd dk uke

'ks;j¨a dh Lka[;k

'ks;j/kkjd@Á‚DLkh@Ákf/kÑr Áfrfuf/k ds gLrk{kj


Á/kku dk;kZy; & 21 jktsUæ IysLk] ubZ fnYyh 110008

ços'k ikli‚apohZ okf"kZd lkekU; cSBd

bafM;k baVjuS'kuy lsaVj] 40 eSDl ewyj ekxZ]

yks/kh ,LVsV] ubZ fnYyh&110003

lkseokj] twu 29] 2015 çkr% 10-00 cts

Mhih vkbZMh ,oa xzkgd vkbZMh iath—r Qksfy;ks

'ks;j/kkjd dk uke

'ks;j¨a dh Lka[;k

'ks;j/kkjd@Á‚DLkh@Ákf/kÑr Áfrfuf/k ds gLrk{kj

uksV& pquko dh fLFkfr esa eri= dsoy ços'k ikl ij tkjh fd;k tk,xkA

vuqca/k Þchß

Punjab & Sind Bank




ATTENDANCE SLIP FIFTH ANNUAL GENERAL MEETING

INDIA INTERNATIONAL CENTRE, 40-MAX MUELLER MARG, LODI ESTATE, NEW DELHI – 110 003

MONDAY, JUNE 29, 2015, 10.00 a.m.[Please fill in the Attendance slip and hand it over at the Registration counter]

Regd. Folio/ DP & Client ID s

Name of the Shareholder

Number of Shares

Signature of Shareholder / Proxy / Authorised Representative



ENTRY PASS(To be retained throughout the meeting)

FIFTH ANNUAL GENERAL MEETINGINDIA INTERNATIONAL CENTRE, 40-MAX MUELLER MARG,

LODI ESTATE, NEW DELHI – 110 003

MONDAY, JUNE 29, 2015, 10.00 a.m.

Regd. Folio/ DP & Client ID s

Name of the Shareholder

Number of Shares

Signature of Shareholder / Proxy / Authorised Representative

Note : Ballot Paper for polling will be issued against the entry pass only.

Annexure-‘B’

iatkc ,.M fla/ cSad


NOTES

egkizca/kd / General Managers

Jh vkbZ-,l- HkkfV;kSh. I.S. Bhatia

Jh ,e-th- JhokLroSh. M.G. Srivastava

Jh nhid eSuhSh. Deepak Maini

Jh ,l-ih-,l- dksgyhSh. S.P.S. Kohli

Jh th-,l- <+YySh. G.S. Dhall

Jh Mh-Mh- 'kekZSh. D.D. Sharma

Jh ohjsUnz xqIrkSh. Varinder Gupta

Jh ,l-lh- Dok=kSh. S.C. Kwatra

Jh vkj-ih-,l- [kqjkukSh. R.P.S. Khurana

Jh th-,l- ukjaxSh. G.S. Narang

Jh gjfoUnj flag Sh.Harvinder Singh

funs’kd eaMy€¦ · Sukhen Pal Babuta egkizca/kd / General Managers Jh vkbZ-,l- HkkfV;k Jh...

Documents

Transcript of funs’kd eaMy€¦ · Sukhen Pal Babuta egkizca/kd / General Managers Jh vkbZ-,l- HkkfV;k Jh...