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The figures up to the end of the third quarter were only reviewed. The financial results for the year ended March 31, 2021 are audited by the statutory auditors. The audit report issued thereon is unmodified. The financial results for the year ended March 31, 2020 were audited by previous statutory auditors of the Bank. 3.The Bank has followed the same accounting policies in the preparation of these financial results as those followed in the annual financial statements for the year ended March 31, 2020. 4.The financial results for the quarter and year ended March 31, 2021 are arrived at after considering provision for standard assets including requirements for exposures to entities with Un-hedged Foreign Currency Exposures, Non-Performing Assets (NPAs), and depreciation on investments, income-tax and other necessary provisions. 5.Payment to business correspondents for service such as sourcing of loans, servicing and collections from customers and other related services is netted off from interest earned (interest/discount on advances/bill). 6.Other income includes commission income from non-fund based banking activities, fees, earnings from foreign exchange and derivative transactions, profit and loss (including revaluation) from investments, and recoveries from accounts previously written off. 7.During the quarter and year ended March 31, 2021, the Bank allotted 266,602 and 847,257 shares respectively, pursuant to the exercise of stock options under its Employees Stock Option Scheme. 8.The Bank considered it prudent to not propose any dividend for the year ended March 31, 2021, in light of the situation developing around COVID-19 in the country and related uncertainty that it creates. 9.COVID-19 is a global pandemic, which continues to spread across the globe and has contributed to increase in volatility in financial markets and an unprecedented level of disruption on socio-economic activities. The extent to which the COVID-19 pandemic will impact the Bank's operations will depend on the future developments, which are highly uncertain. 10.In accordance with the RBI guidelines relating to ‘COVID-19 Regulatory Package’ dated March 27, 2020, April 17, 2020 and May 23, 2020, the Bank offered moratorium on the repayment of all instalments and / or interest, as applicable, due between March 1, 2020 and August 31, 2020 to all eligible borrowers classified as standard, even if overdue, as on February 29, 2020. The moratorium period, wherever granted, is excluded from the number of days past-due for the purpose of asset classification under RBI's Income Recognition and Asset Classification (IRAC) norms. The disclosure as required by RBI circular dated April 17, 2020 for the year ended March 31, 2021 is given below: Particulars Amount in ` lacs (i) Respective amounts in SMA/overdue categories, where the moratorium/deferment was extended (as at February 29, 2020) 396,405 (ii) Respective amount where asset classification benefits is extended 113,599 (iii) Provisions held (in terms of para 5 of the circular) * 25,697 (iv) Provisions adjusted against slippages (NPA and Restructuring) 11,368 (v) Residual provisions as at March 31, 2021 (in terms of para 6 of the circular) - *Represents provision made on Loans under moratorium 2021-03-31 Audited Standalone 65237000000.00 13631800000.00 2919300000.00 357300000.00 82145400000.00 20578400000.00 102723800000.00 44269800000.00 8453500000.00 19092300000.00 27545800000.00 71815600000.00 30908200000.00 24017400000.00 0.00 6890800000.00 1813000000.00 5077800000.00 0.00 5077800000.00 5077800000.00 5980200000.00 10.00 120636900000.00 0.00 0.1664 0.0086 9.35 9.28 9.35 9.28 26015300000.00 12413500000.00 0.0434 0.0212 0.0054 Advertisement and publicity 89100000.00 Auditors' fees and expenses 6600000.00 Depreciation on Bank's property 408000000.00 Director’s fees Allowances and expenses 8700000.00 Law Charges 53900000.00 Others 3836300000.00 Postage, Telegrams, Telephones, etc. 58500000.00 Printing and stationery 21300000.00 Rent, taxes and lighting 461500000.00 Repairs and maintenance 165600000.00 Advertisement and publicity 234700000.00 Auditors' fees and expenses 16800000.00 Depreciation on Bank's property 1582800000.00 Director’s fees Allowances and expenses 24100000.00 Law Charges 130800000.00 Others 14238000000.00 Postage, Telegrams, Telephones, etc. 176300000.00 Printing and stationery 95100000.00 Rent, taxes and lighting 1957400000.00 Repairs and maintenance 636300000.00 11.In accordance with Resolution Framework for COVID-19 announced by RBI on August 6, 2020, the Bank has implemented a one-time restructuring for certain eligible borrowers and such borrowers are classified as Standard and has made required provisions, in accordance with the above framework. Details of resolution plan implemented under the Resolution Framework for COVID-19-related Stress as per RBI circular dated August 6, 2020 are given below. Amount in ` lacs Type of borrower (A) Number of accounts where resolution plan has been implemented under this window (in actuals) (B) exposure to accounts mentioned at (A) before implementation ** (C) Of (B), aggregate amount of debt that was converted into other securities (D) Additional funding sanctioned, if any, including between invocation of the plan and implementation (E) Increase in provisions on account of the implementation of the resolution plan *** Personal Loans 56,113 46,693 - 95 10,204 Corporate persons* 0 - - - - Of which, MSMEs 0 - - - - Others 0 - - - - Total 56,113 46,693 - 95 10,204 * As defined in Section 3(7) of the Insolvency and Bankruptcy Code, 2016 ** represents fund based outstanding of accounts at the end of the month before the date of implementation of resolution plan *** the Bank holds provision of Rs. 10,327 lacs on all accounts where resolution plan is implemented as at March 31, 2021 as per Resolution Framework for Covid-19 related stress 12.RBI Circular DOR.No.BP.BC.62/21.04.048/2019-20 dated April 17, 2020 required disclosure of number of accounts and amount involved in those accounts where the Resolution Period (RP) was extended. As of March 31, 2021, the Bank has not extended RP timelines for any borrower. 13.The Honourable Supreme Court (SC) in multiple writ petitions vide an interim order dated September 3, 2020 had directed Banks that the accounts which were not declared NPA till August 31, 2020 shall not be declared NPA till further orders. Basis the said interim order, the Bank did not classify any borrower account (whether granted moratorium or not) as NPA after August 31, 2020 pending disposal of the petition or further instructions. As a matter of prudence, the Bank had made additional provision in respect of these accounts which are included in the provisions (other than tax) and contingencies. Further, the Bank had not recognised the unrealised interest and fees on these accounts as income. Had the Bank classified the borrower accounts as NPA, the Bank’s proforma Gross NPA ratio and proforma Net NPA ratio as at December 31, 2020 would have been 4.57 % and 2.52 % respectively. On March 23, 2021, the Honourable SC vide its judgment in the matter of Small Scale Industrial Manufacturers Association vs. UOI & Ors. and other connected matters directed that the interim relief granted earlier to not declare the accounts of respective borrowers as NPA stands vacated. Further, RBI issued a circular dated April 7, 2021 in this regard. Accordingly, as at March 31, 2021, the Bank has followed the asset classification of borrower accounts as per the extant RBI instructions / IRAC norms. Capital and Reserves 0.00 Corporate / Wholesale Banking 9522500000.00 Other Banking Operations 192200000.00 Retail Banking 23200900000.00 Treasury 13826900000.00 Capital and Reserves 0.00 Corporate / Wholesale Banking 41439000000.00 Other Banking Operations 446600000.00 Retail Banking 86014000000.00 Treasury 58964100000.00 46742500000.00 186863700000.00 20634200000.00 84139900000.00 26108300000.00 102723800000.00 Capital and Reserves 0.00 Corporate / Wholesale Banking 922600000.00 Other Banking Operations 192200000.00 Retail Banking -983700000.00 Treasury 968100000.00 Capital and Reserves 0.00 Corporate / Wholesale Banking -4867600000.00 Other Banking Operations 446500000.00 Retail Banking 5242700000.00 Treasury 6086900000.00 1099200000.00 6908500000.00 0.00 0.00 -3600000.00 17700000.00 1102800000.00 6890800000.00 Capital and Reserves 0.00 Corporate / Wholesale Banking 266255200000.00 Other Banking Operations 30500000.00 Retail Banking 330837000000.00 Treasury 392051500000.00 989174200000.00 17331900000.00 17331900000.00 1006506100000.00 Capital and Reserves 126625800000.00 Corporate / Wholesale Banking 308378800000.00 Other Banking Operations 54300000.00 Retail Banking 396698300000.00 Treasury 174661200000.00 1006418400000.00 87700000.00 87700000.00 1006506100000.00 14.In accordance with the instructions in RBI circular dated April 7, 2021 on ‘Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package’, the Bank shall refund / adjust 'interest on interest' charged to all borrowers including those who had availed of working capital facilities during the moratorium period, irrespective of whether moratorium had been fully or partially availed, or not availed. As required by the RBI notification, the methodology for calculation of such interest on interest has recently been circulated by the Indian Banks' Association. The Bank is in the process of suitably implementing this methodology. As at March 31, 2021, the Bank has created a liability towards estimated interest relief and reduced the same from the interest income. 15.The business operations of the Bank are largely concentrated in India and for the purpose of segment reporting, the Bank is considered to operate only in domestic segment. 16.RBI Circular DBR.No.BP.BC.1/21.06.201/2015-16 dated July 01, 2015, on ‘Basel III Capital Regulations’ read together with the RBI circular DBR.No.BP.BC.80/21.06.201/2014-15 dated March 31, 2015 on ‘Prudential Guidelines on Capital Adequacy and Liquidity Standards – Amendments’ requires banks to make applicable Pillar 3 disclosures including Leverage Ratio and Liquidity Coverage Ratio (LCR) under Basel III Framework. Accordingly, such applicable disclosures have been placed on the website of the Bank which can be accessed at the following link: http://www.rblbank.com/BaselDisclosures.aspx. These disclosures have not been subjected to audit by the Statutory Auditors. 17.The disclosures for NPA referred to in point 17 (iv) above correspond to Non Performing Advances. 18. Previous period / year figures have been regrouped / reclassified, where necessary to conform to current period / year classification. Business Segments have been identified and reported taking into account t he target customer profi le, t he nature of products and services, the differing risks and returns, the organisation structure, t he internal business report ing stru cture, guidelines prescribed by RBI and in compliance with the Account ing Standard 17 - Segment Reporti ng . With effect from April 1, 2020, Credit card business is-re-classified from Oth er Banking Operations to Retail Banking segment in segment- reporting.Accordingly, previous periods have been restated to make them comparable with current period numbers. 0.00 1582800000.00 0.00 -24600000.00 0.00 2200000.00 0.00 0.00 24034900000.00 0.00 25595300000.00 0.00 0.00 -93279500000.00 0.00 136762300000.00 0.00 43482800000.00 69078100000.00 75968900000.00 0.00 0.00 0.00 0.00 0.00 75968900000.00 0.00 0.00 75968900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37900000.00 1605700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1567800000.00 0.00 0.00 -1567800000.00 15741000000.00 0.00 0.00 0.00 57808400000.00 0.00 0.00 0.00 0.00 -42067400000.00 0.00 0.00 -42067400000.00 32333700000.00 0.00 32333700000.00 82246000000.00 114579700000.00