PNB2019-01-012019-03-31in-bse-fin:OneOperatingExpenses01Member PNB2019-01-012019-03-31in-bse-fin:FourOperatingExpenses01Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentRevenue01Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentRevenue02Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentRevenue03Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentRevenue04Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentRevenue05Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentRevenue01Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentRevenue02Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentRevenue03Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentRevenue04Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentRevenue05Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentResults01Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentResults02Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentResults03Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentResults04Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentResults05Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentResults01Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentResults02Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentResults03Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentResults04Member PNB2019-01-012019-03-31in-bse-fin:FourReportableSegmentResults05Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentAssets01Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentAssets02Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentAssets03Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentAssets04Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentAssets05Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentLiabilities01Member PNB2019-03-31in-bse-fin:OneReportableSegmentLiabilities01Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentLiabilities02Member PNB2019-03-31in-bse-fin:OneReportableSegmentLiabilities02Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentLiabilities03Member PNB2019-03-31in-bse-fin:OneReportableSegmentLiabilities03Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentLiabilities04Member PNB2019-03-31in-bse-fin:OneReportableSegmentLiabilities04Member PNB2019-01-012019-03-31in-bse-fin:OneReportableSegmentLiabilities05Member PNB2019-03-31in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PNB Punjab National Bank 2018-04-01 2019-03-31 INR Yearly 2019-03-31 Audited Standalone 88114700000.00 35425300000.00 3971600000.00 845600000.00 128357200000.00 18894100000.00 147251300000.00 86354300000.00 19898800000.00 12386400000.00 32285200000.00 118639500000.00 28611800000.00 100711100000.00 0.00 -72099300000.00 -24602900000.00 -47496400000.00 0.00 -47496400000.00 -47496400000.00 9208100000.00 2.00 0.7541 0.0621 0.0129 -12.38 -12.38 -12.38 -12.38 784727000000.00 300376600000.00 0.155 0.0656 -0.0233 1.tThe annual financial results for the year ended 31st March, 2019, have been prepared following the same accounting policies and practices, as those followed in the annual financial statements for the year ended 31st March, 2018, except NPI Provision in preference share, debentures and bonds is made as per the valuation guidelines in RBI Master Circular for Investments instead of IRAC norms of RBI Master circular applicable to Advances resulting in higher depreciation on investments amounting to Rs. 60 Crores. n2.tThe above financial results have been reviewed by the Audit Committee of Board and approved by the Board of Directors in the meeting held on 28.05.2019. The same have been subjected to audit by the Statutory Central Auditors of the bank, in line with the guidelines issued by the Reserve Bank of India and as per the requirement of listing agreement with Stock Exchanges. n3.tThe financial results of the bank have been arrived at after considering provisions for non-performing assets, standard assets, restructured advances, standard derivative exposures, direct taxes including deferred tax unhedged foreign currency exposure and investment depreciation on the basis of extant guidelines issued by Reserve Bank of India. n4.tProvisions for employee benefits pertaining to pension, gratuity and leave encashment have been made on the basis of actuarial valuation based on AS-15 (Revised) issued by ICAI. All other usual and necessary provisions have been made on estimated basis. n5.tIn terms of RBI circular no. DBR.No.BP.BC.1/21.06.201/2015-16 dated 01.07.2015 read together with RBI circular DBR.No.BP.BC 80/21.06.201/2014-15 dated March 31, 2015; banks are required to make Pillar 3 disclosures under BASEL III capital regulations. Accordingly, Pillar 3 disclosures under BASEL III capital regulations are being made available on Bank's website i.e. www.pnbindia.in. These disclosures have not been subjected to Audit. n6.tAs per RBI Letter no. DBR.No.BP.15199/21.04.048/2016-17 dated 23rd June, 2017 and letter no DBR.No.BP.1908/21.04.048/2017-18 dated 28th August, 2017 for the accounts covered under the provisions of Insolvency and Bankruptcy code (IBC), the bank is holding total provision of Rs 11940.15 crores as on 31st March 2019 (84.63% of total outstanding) including additional provision of Rs 433.93 crores in said accounts made during the year ended on March 31, 2019. n7.tRBI vide its circular dated April 2, 2018 and June 15, 2018 has permitted banks an option to spread Mark to Market (MTM) loss on AFS and HFT investment for the quarters ended March 31, 2018 and June 30, 2018 equally over four quarters commencing with the quarter in which the loss is incurred. Accordingly, the bank has availed the option and charged Rs. 27.83 Crores to the Profit & Loss Account during this quarter pertaining to June 2018 quarter and there is no unamortised balance as on 31st March, 2019. n8.tThe Bank has availed dispensation for deferment of provision in respect of frauds reported for the year of Rs 2647.85 crores requiring additional provision of Rs 1052.78 crores in terms of option available as per RBI circular no DBR No.BP.BC.92/21.04.048/2015-16 dated 18.04.2016.Accordingly an amount of Rs 390.38 crores has been charged to profit and loss account and an amount of Rs 662.40 crores have been charged to reserves & deferred for adjustment in subsequent quarters. n9.tPursuant to the proposed bipartite agreement on wage revision (due with effect from November 2017), a sum of Rs 123.21 crore has been provided during the quarter towards wage revision on estimated basis. (Cumulative provision; Rs 713.71 crores). n n n 2019-03-31 Audited Standalone 350862100000.00 141059700000.00 18913900000.00 2266800000.00 513102500000.00 73774100000.00 586876600000.00 341539400000.00 69631600000.00 45753200000.00 115384800000.00 456924200000.00 129952400000.00 283410100000.00 0.00 -153457700000.00 -53702800000.00 -99754900000.00 0.00 -99754900000.00 -99754900000.00 9208100000.00 2.00 368383700000.00 0.7541 0.0621 0.0129 -30.94 -30.94 -30.94 -30.94 784727000000.00 300376600000.00 0.155 0.0656 -0.0125 Other 12386400000.00 Other 45753200000.00 10.tIn accordance with RBI Circular No. DBR No. BP BC 108/21.04.048/2017-18 dated 06.06.2018, the bank has retained advances of Rs.1718.41 Crore as standard asset on 31st March, 2019. In accordance with the provisions of the circular, the Bank has not recognized interest on these accounts and is maintaining a standard provision of Rs 85.92 crores in respect of such borrowers. nAs per RBI Circular No DBR.No.BP.BC.18/21.04.048/2018-19 dated 1st January 2019 on restructuring of Advances – MSME sector, the details of restructured accounts as on 31.03.2019 are as under: nNo of Accounts Restructured 13682 nAmounts (Rs in Crores) 621.92 n11.tIn terms of RBI Circular No.DBR.BP.BC.No.50/21.06.201/2016-17 dated 2nd February, 2017 the Bank has made payment of Interest on Additional Tier -1 Bonds of Rs 451.87 Crore by debiting Statutory Reserves. n12.tDuring the quarter Government of India infused Rs 5908 crores for which the bank has issued and alloted 80,20,63,535 equity shares having Face Value of Rs 2/- each at a premium of Rs 71.66/- per share, on preferential basis to GOI on 28th March 2019. The bank has considered such amount received from GOI as a part of common equity Tier – I (CET 1) capital as on 31st March, 2019. n13.tBased on the review and certainty of availability of future taxable income, the bank has recognised net Deferred Tax Assets of Rs 2440.90 crores for the quarter and Rs.5365.35 crores for the year ended 31st March, 2019 in accordance with Accounting Standard-22, “Accounting for Taxes on Income” issued by The Institute of Chartered Accountants of India. n14.tDivergence in Assets classification and Provisioning for NPAs in compliance to Risk Assessment Report (RAR) of RBI for the year 2017-18 are reported as under: nSr. No.tParticularst(Rs in '000) n1tGross NPAs as on March 31.2018 as reported by the Bankt866200531 n2tGross NPAs as on March 31,2018as assessed by RBIt875157531 n3tDivergence in Gross NPAs (2-1)t8957000 n4tNet NPAs as on March 31, 2018 as reported by the Bankt486842891 n5tNet NPAs as on March 31, 2018 as assessed by RBIt458131891 n6tDivergence in Net NPAs (5-4)t-28711000 n7tProvisions for NPAs as on March 31, 2018 as reported by the Bankt376118238 n8tProvision for NPAs as on March 31, 2018 as assessed by RBIt413786238 n9tDivergence in Provisioning (8-7)t37668000 n10tReported Net Profit after Tax (PAT) for the year ended March 31, 2018t-122828200 n11tAdjusted (notional) Net Profit after Tax (PAT) for the year ended March 31, 2018 after taking into account the divergence in provisioningt-160496200 n15.tThe Provisioning Coverage Ratio as at 31st March 2019 works out to 74.50%. n16.tPursuant to the Accounting Standard – 10 (Revised 2016) on Property, Plant & Equipment, applicable from 1st April 2017, depreciation of Rs 64.73 Crores for the year on revalued portion of Fixed Assets has been transferred during the year from the Revaluation Reserve to Revenue Reserve instead of Crediting to Profit & Loss Account. n17.tDetails of Investor's complaints for the quarter ended March 31, 2019: Pending at Beginning: Nil; Received: 02; Disposed off: 02; Closing: Nil. n18.tThe figures of last quarter of the year are the balancing figures between audited figures in respect of the financial year and the published year to date figures up to the third quarter of the respective financial year. n19.tFigures of the previous periods have been regrouped / rearranged / re-classified wherever necessary to conform to current period's classification. n n n corporate/wholesale Banking 52519800000.00 Other Banking operations 4690800000.00 Retail Banking 48195100000.00 Treasury operations 41845700000.00 unallocated 0.00 corporate/wholesale Banking 210952900000.00 Other Banking operations 15123900000.00 Retail Banking 190534900000.00 Treasury operations 170264900000.00 unallocated 0.00 147251400000.00 586876600000.00 147251400000.00 586876600000.00 corporate/wholesale Banking -80589300000.00 Other Banking operations 923800000.00 Retail Banking 84400000.00 Treasury operations 11397900000.00 unallocated 0.00 corporate/wholesale Banking -193929300000.00 Other Banking operations 3460500000.00 Retail Banking 18794200000.00 Treasury operations 37580800000.00 unallocated 0.00 -68183200000.00 -134093800000.00 0.00 0.00 3916000000.00 1. Segment Liabilities are distributed in the ratio of their respective Segment Assests. n2. Figures of the previous period have been re-grouped/re-classified wherever necesary 19363900000.00 -72099200000.00 -153457700000.00 corporate/wholesale Banking 3507759300000.00 Other Banking operations 229748100000.00 Retail Banking 1565860000000.00 Treasury operations 2181729900000.00 unallocated 264397300000.00 7749494600000.00 corporate/wholesale Banking 3421745900000.00 Other Banking operations 224114400000.00 Retail Banking 1527463700000.00 Treasury operations 2128231900000.00 unallocated 67400000.00 7301623300000.00