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Unaudited Financial Results for the quarter ended 30^th June, 2009

NOTES:

1. These unaudited financial results for quarter ended 30th June, 2009 have been compiled as per clause 41 of the listing agreement.

2. The working results for quarter ended 30th June, 2009 have been arrived at after considering provisions for Non-performing assets, Standard Assets and Investment Depreciation on the basis of prudential norms issued by Reserve Bank of India. Income Tax, Deferred tax and other usual and necessary provisions have been made on estimated and proportionate basis and are subject to adjustment at the year-end.

3. The Bank is following the same Accounting Policies in preparation of these financial results as were followed in the annual financial statements for the year ended 31st March, 2009.

4. An amount of Rs.1.53 crores has been charged to Profit & Loss Account during the quarter ended 30th June, 2009 being one twentieth of the total expenditure relating to Follow-on-Public Issue made by the Bank during April, 2005.

5. The bank has made an adhoc provision of Rs.80 crores during this quarter towards wage revision in order to cover any liability that may arise in view of on-going negotiation between the Bank Employees union & Indian Banking Association.

6. At some branches, preparation of details/ balancing / reconciliation of accounts relating to Deposits, Advances, Balances with Banks and NOSTRO accounts are in progress. Since substantial progress has been made in the above areas the management is of the view that the impact of reconciliation, if any, on the accounts of the Bank will not be material.

7. The Government of India has notified Relief Scheme viz ADW & DRS 2008 for giving debt waiver to marginal and small farmers and to other farmers who availed direct agricultural loan. Final claim of Rs.1041.80 crore has been lodged with the RBI being the amount waived after due verification by the Statutory Central Auditors of the Bank ,out of which so far Rs.504.79 crore has been received.

8. The figures of previous period have been regrouped and reclassified wherever necessary in order to make them comparable.

9. The above results have been taken on record by the Board of Directors in the meeting held on 18th July, 2009.

10. Status of Investor’s Complaints: As on 1st April 2009, the Bank had no investor’s complaints. During the quarter, the Bank received 275 complaints, which were suitably resolved and no complaint was pending as on 30th June, 2009.

Segment- Wise Revenue, Results, and Capital Employed
for the qurater ended 30-06-2009

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