Total - Maharashtra Gramin Bank

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
BALANCE SHEETAS ON 31 st MARCH 2010
The schedules referred to above form an integral part of the Accounts
(Amt. in thousand)
Particulars Schedule Position as on
31.03.2010
Position as on
31.03.2009
CAPITAL AND LIABILITIES
Capital 1 30000 30000
Share Capital Deposit Account 01 - A 1023462 1023462
Reserves & Surplus 2 232268 155074
Deposits 3 24577056 20242490
Borrowings 4 1431213 706791
Other liabilities & Provisions 5 1040481 1450341
TOTAL 28334480 23608158
ASSETS
Cash & Balance with RBI 6 1861168 1306828
Balance with Bank & Money at Call & 7 5325664 6645256
Short Notice
Investments 8 7729351 5212171
Advances 9 11926684 8811019
Fixed Assets 10 57074 43818
Other Assets 11 1434539 1589066
Share Capital Dep. With Sponsor Bank 11 -A 0 0
TOTAL 28334480 23608158
Contingent Liabilities 12 73779 40582
Bills for collection 152138 85414
Principal Accounting Policies 17 - -
Notes on Accounts 18 - -
For Maharashtra Gramin Bank
For M/s. Mandhana & Associates
(Chartered Accountants)
A A Magdum M C Kulkarni A K R Singh D C Sthul P J Mishra Rajendra S Mandhana
Chairman Chief GM General Manager Partner
Place: Nanded
Date: April 29, 2010
M No. 109511
F R N 121195W

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
PROFIT AND LOSS
ACCOUNT FOR THE YEAR ENDED 31 st MARCH 2010
(Amt. in thousand)
Particulars Schedule Current Year Previous Year
INCOME
Interest Earned 13 1750817 1469570
Other Income 14 170590 129970
TOTAL 1921407 1599540
EXPENDITURE
Interest Expended 15 991588 860401
Operating Expenses 16 644798 510117
Provisions and contingencies - 81423 92566
TOTAL 1717809 1463084
PROFIT / LOSS -
Net Loss ( - ) Profit (+) for the Year - 203598 136456
Profit (+) /Loss (-) brought forward - -682867 -710872
TOTAL -479269 -574416
APPROPRIATION
Transfer to Statutory Reserves - 8520 12553
Transfer to Special Reserves - 30000 0
Transfer to Captial Reserves - 3798 0
Transfer to Investment Fluctuation 34876 6876
Balance carried over to Balance
- -556463 -593845
sheet
TOTAL -479269 -574416
The schedules referred to above form an integral part of the Accounts
For Maharashtra Gramin Bank
For M/s. Mandhana & Associates
(Chartered Accountants)
A A Magdum M C Kulkarni A K R Singh D C Sthul P J Mishra Rajendra S Mandhana
Chairman Chief GM General Manager Partner
Place: Nanded
Date: April 29, 2010
M No. 109511
F R N 121195W

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 1 CAPITAL
(Amt. in Rupees)
Particulars As on 31.03.2010 As on 31.03.2009
Authorised Capital ( 1,00,000 Shares of Rs. 100 each ) 30000 30000
Issued Capital ( 1,00,000 Shares of Rs. 100 each ) 30000 30000
Subscribed Capital ( 1,00,000 Shares of Rs. 100 each ) 30000 30000
Called up Capital ( 1,00,000 Shares of Rs. 100 each ) 30000 30000
Less : Called Unpaid -- --
Add : Forfeited Shares -- --
TOTAL 30000 30000
SCHEDULE - 1 'A' SHARE CAPITAL DEPOSIT ACCOUNT
SCHEDULE - 1 CAPITAL
(Amt. in thousand)
Particulars
As on
31.03.2010
As on 31.03.2009
Share Capital Deposit Account 1023462 1023462
Recapitalisation support received as under
Central Government 511732 511732
Sponsor Bank 358211 358211
State Government 153519 153519
Total 1023462 1023462

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 2 RESERVES AND SURPLUS
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
I Statutory Reserves 102911 94391
Opening Balance 94391 81838
Additions during the year 8520 12553
Deductions during the year
II. Special Reserve 30000 0
Opening Balance 0 0
Additions during the year 30000 0
Deduction during the year 0 0
III Capital Reserves 21755 17957
Opening Balance 17957 17957
Additions during the year 3798 0
Deductions during the year 0 0
IV. Investment Fluctuation Resevre 77602 42726
Opening Balance 42726 35850
Additions during the year 34876 6876
Deductions during the year 0 0
V. Revenue and Other Reserves 0 0
Opening Balance 0 0
Additions during the year 0 0
Deductions during the year 0 0
VI. Balance in Profit & Loss Account 0 0
Opening Balance 252246 252246
Additions during the year 0 0
Deductions during the year 252246 252246
Grand Total 232268 155074

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 3 DEPOSITS
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
A
I . Demand Deposits
i. From Banks 0 0
ii. From Others 1109266 1037454
II. Savings Bank Deposits 15221479 12074546
III. Term Deposits
i. From Banks 0 11000
ii. From Others 8246311 7119491
Total ( I+II+III) 24577056 20242491
B I . Deposits of Branches in India 24577056 20242491
II. Deposits of Branches outside India 0 0
Total ( I+II) 24577056 20242491

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 4 BORROWINGS
I. Borrowings In India
Particulars
As on
31.03.2010
(Amt. in
thousand)
As on
31.03.2009
i. Reserve Bank of India 0 0
ii Other Banks 200054 140000
iii.. Other Institutions & Agencies 1231159 566791
II.
Borrowings outside India
Total (I + II ) 1431213 706791
SCHEDULE - 5 OTHER LIABILITIES AND PROVISIONS
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
i. Bills payable 177160 217455
ii. Inter office adjustments (Net) 104370 127349
iii. Interest accrued but not due 47563 87720
iv Others (Including provisions) 711388 1017817
Total (i+ii+iii+iv) 1040481 1450341

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 6 CASH AND BANK BALANCE WITH RESERVE
BANK OF INDIA
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
1 Cash in Hand 499344 376004
2 Balance with Reserve Bank of India
In current Account 1361824 930824
In other Accounts
Total (1 + 2 ) 1861168 1306828
SCHEDULE - 7 BALANCE WITH BANKS & MONEY AT CALL &
SHORT NOTICE
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
1) In India
i. Balance with Banks
ii.
a) In current Accounts 729037 1191856
b) In other Deposit Accounts 4596627 5453400
Sub - Total 5325664 6645256
Money at call & short Notice
a) With Banks 0 0
b) With Other institutions 0 0
Sub - Total 0 0
Total 1 ( i + ii ) 5325664 6645256
2) Outside India Balance with Banks
a) In current Account
b) In other Deposit Account
c) Money at call & Short Notice
Total 2 ( a+b+c)
Grand Total (1 + 2) 5325664 6645256

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 8 INVESTMENTS
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
I. Investments in India in
i. Government securities & Treasury bills 7206892 4709711
ii. Other approved securities 0 0
iii. Shares 12735 23400
iv. Debentures and Bonds 443500 431000
v. Subsidiaries and / or Joint ventures 0 0
vi. Others (Units) 72869 82869
Grant Total (i+ii+iii+iv+v+vi) 7735996 5246980
Less : Depreciation / Provision 6645 34809
Total 7729351 5212171
II. Investments outside India in
i. Government securities (Including local
authorities)
0 0
ii. Subsidiaries and / or Joint ventures
0 0
abroad
iii. Other Investments ( to be specified) 0 0
Total 0 0
Grand Total( I + II ) 7729351 5212171

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 9 ADVANCES
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
A I Bills purchased and discounted 935249 363993
II Cash Credits, overdrafts & loans
4768345 3618766
repayable on demand
III TERM LOANS 6211807 4887739
IV Debt Amt. Receivable from Govt. 428585 190285
V Net effect of MOC 0 0
Sub Total 12343986 9060783
LESS : BAD & DOUBTFUL DEBTS
417302 249764
PROVISIONS
GRAND TOTAL 11926684 8811019
B I Standard 11644731 9060783
II Sub Standard 253756
III Doubtful 373638
IV Loss of Assets 71861
SUB TOTAL 12343986 9060783
Less : Bad & Doubtful debts Provisions 417302 249764
GRAND TOTAL 11926684 8811019
1 Advances in India
I Priority sector 9470499 9060783
II Public sector
III Banks
IV Others 2873487
Total 1 12343986 9060783
2 Advances outside India 0 0
Less : Bad & Doubtful debts Provisions 417302 249764
GRAND TOTAL 11926684 8811019

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 10 FIXED ASSETS
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
I. Premises:
II.
At cost as on 31 st March of the preceding year 692 729
Addition during the year --- ---
Deduction during the year --- ---
Depreciation to date 35 37
Sub Total (I) 657 692
Other Fixed Assets
(Including furniture and fixtures ) At cost as on
31 st March of the preceding year
43126 43277
Addition during the year 36497 15539
Deduction during the year 276 2666
Depreciation to date 22930 13024
Sub Total (II) 56417 43126
Grand Total 57074 43818
SCHEDULE - 11 OTHER ASSETS
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
i. Inter-Office adjustment (net) 0 0
ii. Interest accrued 509376 283848
iii. Tax paid in advance / tax deducted at source 6603 6212
iv. Stationery and stamps 5502 4218
v. Non banking assets acquired in satisfaction of
claims
vi. Other (includes Accumulated losses, Sundry
Debtors, Inland remittance, Other Receivables )
0 0
913058 1294788
Total 1434539 1589066

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 11 A SHARE CAPITAL DEPOSIT
WITH SPONSOR BANK
(Amt. in Rupees)
Particulars As on 31.03.2010 As on 31.03.2009
Share Capital Deposit with Sponsor Bank
Recapitalisation support received and deposit with Sponsor Bank as under
Central Government 0 0
Sponsor Bank 0 0
State Government 0 0
Total 0 0

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 12 CONTINGENT LIABILITIES
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
i. Claims against the bank not
442 419
acknowledged as debts.
ii. Liability for partly paid investments 0 0
iii.
iv.
Liability on account of outstanding
forward exchange contracts
0 0
Guarantees given on behalf of
0 0
constituents
a) India 0 0
b) Outside India 0 0
v. Acceptances, endorsements and other
obligations
vi. Other items for which the bank is
contingently liable.
73338 40163
0 0
Total 73780 40582
SCHEDULE - BILLS FOR COLLECTION
(Amt. in thousand)
Particulars As on 31.03.2010 As on 31.03.2009
1 OBC 150887 85414
2 IBC 1251 0
3 LBC 0 0
4 INLAND LETTERS 0 0
Total 152138 85414

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 13 INTEREST EARNED
Particulars
Current
Year
(Amt. in thousand)
Previous
Year
i. Interest / discount on advances / bills 1001756 814485
ii. Income on Investments 749061 655081
iii.
Interest on balance with Reserve Bank of India
& other bank funds
iv. Others 0 4
TOTAL 1750817 1469570
0
SCHEDULE - 14 OTHER INCOME
Particulars
Current
Year
(Amt. in thousand)
Previous
Year
i. Commission, Exchange & Brokerage 76918 76517
ii. Profit on sale of investments 27935 24220
Less : Loss on sale of investments 30 0
iii. Profit on revaluation of investments 27532 0
Less: Loss on revaluation of 0 0
investments 0 0
iv. Profit on sale of land, buildings and other Assets 28 0
Less: Loss on sale of land, buildings and other
0 0
assets.
v. Profit on exchange transactions 0 0
Less: Loss on exchange transaction 0 0
vi. Income earned by way of dividend etc. from
0 0
subsidiaries / companies and / or joint ventures
abroad / in India.
vii. Miscellaneous Income 38206 29233
TOTAL 170589 129970

MAHARASHTRA GRAMIN BANK
HEAD OFFICE: SHIVAJINAGAR, NANDED
SCHEDULE - 15 INTEREST EXPENDED
(Amt. in thousand)
Particulars Current Year Previous Year
I. Interest on Deposits 943204 788072
II.
Interest on Reserve Bank of India / Inter
Bank borrowings
III. Others Interest on Refinance :
0 0
a) NABARD 48384 22991
b) Sponsor Bank 0 49338
Total 991588 860401
SCHEDULE - 16 OPERATING EXPENSES
(Amt. in thousand)
Particulars Current Year Previous Year
i. Payments to and provisions for employees 524854 399664
ii. Rent, taxes and lighting 18679 14668
iii. Printing and stationery 6895 5809
iv. Advertisement and publicity 1569 778
v. Depreciation on Bank's property 22965 13061
vi
Directors fees, allowances and expenses on
Board Meeting
79 228
vii. Auditors fees and expenses 2867 2555
(Including Branch Auditors & Revenue
Auditors)
viii. Law Charges 2811 1820
ix. Postage, Telegrams, Telephones etc. 4190 3803
x. Repairs and maintenance 3915 3295
xi. Insurance on deposits to DICGC 19668 18073
on Fixed Assets 46363
xii. Other expenditure 36305
Total 644797 510117