1. The net profit for the year ended March 31, 2009 is arrived at after making necessary provision for taxes, NPAs, Standard Advances, Investments, Gratuity, Pension, etc.

2. The Board of Directors have recommended a dividend of Rs 6/- per share (60%) on the equity shares.

3. In respect of pension, Gratuity, leave encashment and other employee benefits provision has been mad accordance with the Accounting Standard (AS) 15 (Revised) issued by the Institute of Chartered accountants of India. Further provision for wage arrears have been made on an estimated basis.

4. The Bank has identified four business segments viz Treasury, Corporate and wholesale banking. Retail Banking and Other Banking operations and the Geographic Segments consist of the Domestic Segment only as the Bank does not have any foreign branch.

5. Previous year’s figures have been regrouped /rearranged wherever necessary to conform to the current years classifications.

6. The Board of Directors have taken the above financial results for the year ended March 31, 2009 on record at their meeting held on May 25, 2009.

Ananthakrishna
Chairman & CEO