1. The above results have been approved by the Board of Directors of the Bank at the meeting held on April 28, 2009.

2. The results for the year ended March 31, 2009 has been arrived at after considering provision for Non Performing Assets, Standard Assets, Investment Depreciation as per Prudential Norms issued by Reserve Bank of India and other usual and necessary Provisions.

3. During the year the Bank has raised Rs 117 Crore by way of Perpetual Non-Cumulative Preference Shares and Rs 583 Crore by way of Innovative Perpetual Debt Instrument.

4. In accordance with the guidelines issued by Reserve Bank of India vide their circular dated September 22, 2008 an amount of Rs 72.23 crore representing uncharged / unapplied interest, penal interest etc. upto September 30, 2008 has been drawn from the floating provision and taken to interest income account.

5. Provisions have been made in accordance with Accounting Standard AS-15 (Revised ) for employee benefits as per Actuarial Variation.

6. The Board of Directors have recommended dividend @ 20% on the Equity.

7. Previous years figures have been regrouped / rearranged wherever necessary.

S Sridhar
Chairman & Managing Director

Ramnath Pradeep
Executive Director

Arun Kaul
Executive Director