FOREIGN BANKS

(Amount in Rs. lakh)

For the year ended 31st March

Items

Chase Manhatane

Cho Hung

Citibank

Commerz Bank

Bank

Bank

1996

1997

1996

1997

1996

1997

1996

1997

(23)

(24)

(25)

(26)

(27)

(28)

(29)

(30)

Income

I.

Interest earned

264

258

559

89202

108764

177

2217

a)

Interest/discount on advances/bills

72

11

239

56908

69652

96

1990

b)

Income on investments

37

225

229

27343

28116

1

220

c)

Interest on balances with RBI and other

154

21

90

4864

9653

80

7

inter-bank funds

d)

Others

1

1

-

87

1343

-

-

II.

Other income

315

281

89

32105

35275

53

755

a)

Commission, exchange, brokerage, etc.

302

176

26

21762

27606

11

530

b)

Net profit (loss) on sale of investments

(11)

20

-

5197

2983

-

6

c)

Net profit (loss) on revaluation of investments

(4)

-

-

-

-

-

-

d)

Net profit (loss) on sale of land, building

2

-

-

-

-

-

-

& other assets

e)

Net profit (loss) on exchange transaction

26

(26)

36

5147

4421

42

218

f)

Miscellaneous income

-

111

27

-

266

-

1

Total (I+II)

578

538

649

121307

144039

229

2972

Expenditure & Provisions

III.

Interest expended

5

18

29

54074

66086

22

1067

a)

Interest on deposits

4

2

5

39985

53412

1

433

b)

Interest on RBI/inter-bank borrowings

-

16

13

4547

3704

19

569

c)

Others

-

-

10

9542

8970

3

66

IV.

Operating expenses

915

475

379

28348

36899

638

1804

a)

Payments to and provisions for employees

310

100

98

5186

7291

157

584

b)

Rent, taxes and lighting

116

98

123

2544

3010

156

507

c)

Printing and stationery

13

8

6

1104

1400

7

20

d)

Advertisement and publicity

1

-

2

3112

4934

11

6

e)

Depreciation on Bank's property

143

91

89

1682

2148

64

150

f)

Directors' fees, allowances and expenses

-

-

-

6

10

-

2

g)

Auditors' fees and expenses

2

2

2

25

30

2

2

h)

Law charges

3

3

3

282

459

-

13

i)

Postage, telegrams, telephones, etc.

156

87

12

1865

2176

16

74

j)

Repairs and maintenance

13

20

5

1439

1460

4

39

k)

Insurance

1

3

2

827

1132

1

10

l)

Other expenditure

157

65

36

10276

12849

220

400

V.

Provisions and contingencies

2

18

122

21397

35581

-

51

Total expenses

922

511

530

103818

138566

661

2923

VI.

Profit (loss)

(344)

27

119

17489

5472

(432)

49

Total (III+IV+V+VI)

578

538

649

121307

144039

229

2972

(Amount in Rs. lakh)

For the year ended 31st March

Items

Credit Lyonnais

Deutsche Bank

Development Bank

Dresdner Bank

of Singapore

1996

1997

1996

1997

1996

1997

1996

1997

(31)

(32)

(33)

(34)

(35)

(36)

(37)

(38)

Income

I.

Interest earned

11124

11809

22307

31119

898

1349

879

3904

a)

Interest/discount on advances/bills

8419

8953

16415

23690

777

1161

621

1473

b)

Income on investments

2158

2259

4871

6318

93

127

93

769

c)

Interest on balances with RBI and other

502

558

990

890

29

62

166

1662

inter-bank funds

d)

Others

45

39

31

221

-

-

-

-

II.

Other income

1899

4058

7421

10684

152

255

(27)

548

a)

Commission, exchange, brokerage, etc.

1028

883

3962

5794

152

256

16

131

b)

Net profit (loss) on sale of investments

409

178

(336)

846

-

-

-

-

c)

Net profit (loss) on revaluation of investments

-

-

-

-

-

-

-

-

d)

Net profit (loss) on sale of land, building

-

-

5

6

-

(3)

(4)

1

& other assets

e)

Net profit (loss) on exchange transaction

333

2918

3762

4020

-

-

(39)

410

f)

Miscellaneous income

129

79

28

17

-

1

-

6

Total (I+II)

13023

15867

29729

41803

1051

1604

853

4451

Expenditure & Provisions

III.

Interest expended

9654

11169

12906

13992

574

728

675

3216

a)

Interest on deposits

7593

9479

6994

11199

108

313

286

1079

b)

Interest on RBI/inter-bank borrowings

1570

1296

3868

2400

466

414

389

2138

c)

Others

491

394

2044

393

-

-

-

-

IV.

Operating expenses

1176

1529

7190

8966

298

410

1134

1379

a)

Payments to and provisions for employees

348

431

1696

2566

120

148

308

331

b)

Rent, taxes and lighting

85

133

336

484

42

55

176

299

c)

Printing and stationery

25

27

103

195

3

4

9

10

d)

Advertisement and publicity

4

44

68

166

3

10

1

1

e)

Depreciation on Bank's property

70

90

827

1143

29

51

218

175

f)

Directors' fees, allowances and expenses

1

1

8

4

-

-

-

2

g)

Auditors' fees and expenses

1

1

3

5

1

-

1

2

h)

Law charges

1

2

2

5

2

1

-

-

i)

Postage, telegrams, telephones, etc.

68

95

209

366

14

18

32

77

j)

Repairs and maintenance

11

28

375

549

2

4

23

4

k)

Insurance

40

43

98

124

2

4

4

-

l)

Other expenditure

522

634

3464

3360

80

117

363

478

V.

Provisions and contingencies

1321

1676

7360

12743

82

231

-

12

Total expenses

12151

14375

27456

35701

953

1369

1809

4608

VI.

Profit (loss)

871

1493

2273

6101

97

235

(956)

(156)

Total (III+IV+V+VI)

13023

15867

29729

41803

1051

1604

853

4451

(Amount in Rs. lakh)

For the year ended 31st March

Items

Grindlays

Hongkong & Shanghai

International

Mashreq

Bank

Bank

Netherlandene Bank

Bank

1996

1997

1996

1997

1996

1997

1996

1997

(39)

(40)

(41)

(42)

(43)

(44)

(45)

(46)

Income

I.

Interest earned

71992

93541

53192

59699

1602

4212

5367

5800

a)

Interest/discount on advances/bills

43011

61817

30716

37214

1015

2765

4058

4487

b)

Income on investments

24006

26401

18005

19757

507

1019

1082

1053

c)

Interest on balances with RBI and other

4196

4184

3569

2624

78

416

221

230

inter-bank funds

d)

Others

780

1139

902

105

1

13

7

29

II.

Other income

15681

17917

13404

14065

570

1446

(418)

(364)

a)

Commission, exchange, brokerage, etc.

8712

11594

6271

8539

331

1111

246

308

b)

Net profit (loss) on sale of investments

1248

89

150

96

115

170

28

20

c)

Net profit (loss) on revaluation of investments

-

-

-

-

-

-

-

-

d)

Net profit (loss) on sale of land, building

22

(14)

(2)

(50)

-

-

(1)

-

& other assets

e)

Net profit (loss) on exchange transaction

5509

6060

6798

5093

124

165

(744)

(750)

f)

Miscellaneous income

191

187

188

388

-

-

53

58

Total (I+II)

87673

111457

66596

73764

2172

5658

4949

5435

Expenditure & Provisions

III.

Interest expended

48854

61818

30226

38494

1734

2241

3035

3294

a)

Interest on deposits

34077

48982

26214

37793

292

698

2270

2554

b)

Interest on RBI/inter-bank borrowings

14257

11688

3722

646

1176

1450

765

740

c)

Others

521

1147

289

55

265

93

-

-

IV.

Operating expenses

21588

29827

14208

16302

867

1354

629

1097

a)

Payments to and provisions for employees

11051

17739

5315

5628

313

508

178

285

b)

Rent, taxes and lighting

1748

1884

542

949

40

66

136

236

c)

Printing and stationery

604

655

428

461

12

19

40

23

d)

Advertisement and publicity

626

1513

463

785

22

15

2

210

e)

Depreciation on Bank's property

1333

1570

2078

2242

119

141

32

47

f)

Directors' fees, allowances and expenses

49

51

8

11

-

2

-

1

g)

Auditors' fees and expenses

30

24

11

12

5

4

2

2

h)

Law charges

369

234

25

21

-

-

3

6

i)

Postage, telegrams, telephones, etc.

1222

991

717

959

63

88

8

20

j)

Repairs and maintenance

1105

1244

708

708

23

43

40

13