ICICI Bank: Financial Results – Quarter ended September 30, 2021

2

ICICI Bank Limited

CIN-L65190GJ1994PLC021012

Registered Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara - 390 007.

Corporate Office: ICICI Bank Towers, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051.

Phone: [phone], Fax: [phone], Email: [e-mail]

Website: www.icicibank.com

STANDALONE FINANCIAL RESULTS

										(₹ in crore)
				Three months ended		Six months ended	Year ended
Sr.				September	June		September	September	September	March
		Particulars	30, 2021	30, 2021		30, 2020	30, 2021	30, 2020	31, 2021
no.
			(Q2-2022)	(Q1-2022)		(Q2-2021)	(H1-2022)	(H1-2021)	(FY2021)
				(Unaudited)	(Unaudited)		(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
1.	Interest earned (a)+(b)+(c)+(d)	21,233.64	20,383.41		19,622.46	41,617.05	39,546.81	79,118.27
	a)	Interest/discount on advances/bills	15,738.09	14,984.58		14,037.91	30,722.67	28,614.58	57,288.81
	b)	Income on investments	4,098.07	4,041.51		4,313.78	8,139.58	8,504.49	16,539.78
	c)	Interest on balances with Reserve Bank of India and
		other inter-bank funds	259.50	140.77		421.13	400.27	865.95	1,631.91
	d)	Others	1,137.98	1,216.55		849.64	2,354.53	1,561.79	3,657.77
2.	Other income (refer note no. 7)	4,797.18	3,995.86		4,028.31	8,793.04	10,170.91	18,968.53
3.	TOTAL INCOME (1)+(2)	26,030.82	24,379.27		23,650.77	50,410.09	49,717.72	98,086.80
4.	Interest expended	9,543.90	9,447.65		10,256.37	18,991.55	20,900.97	40,128.84
5.	Operating expenses (e)+(f)	6,572.20	6,037.22		5,133.31	12,609.42	9,779.21	21,560.83
	e)	Employee cost	2,384.59	2,374.39		1,967.34	4,758.98	4,133.42	8,091.78
	f)	Other operating expenses	4,187.61	3,662.83		3,165.97	7,850.44	5,645.79	13,469.05
6.	TOTAL EXPENDITURE (4)+(5)
	(excluding provisions and contingencies)	16,116.10	15,484.87		15,389.68	31,600.97	30,680.18	61,689.67
7.	OPERATING PROFIT (3)-(6)
	(Profit before provisions and contingencies)	9,914.72	8,894.40		8,261.09	18,809.12	19,037.54	36,397.13
8.	Provisions (other than tax) and contingencies (refer
	note no. 4 and 6)	2,713.48	2,851.69		2,995.27	5,565.17	10,589.22	16,214.41
9.	PROFIT/(LOSS) FROM ORDINARY ACTIVITIES BEFORE
	EXCEPTIONAL ITEMS AND TAX (7)-(8)	7,201.24	6,042.71		5,265.82	13,243.95	8,448.32	20,182.72
10.	Exceptional items	..	..		..	..	..	..
11.	PROFIT/(LOSS) FROM ORDINARY ACTIVITIES BEFORE
	TAX (9)-(10)	7,201.24	6,042.71		5,265.82	13,243.95	8,448.32	20,182.72
12.	Tax expense (g)+(h)	1,690.29	1,426.69		1,014.49	3,116.98	1,597.84	3,990.04
	g)	Current period tax	1,577.87	1,301.78		1,097.99	2,879.65	1,870.88	4,665.66
	h)	Deferred tax adjustment	112.42	124.91		(83.50)	237.33	(273.04)	(675.62)
13.	NET PROFIT/(LOSS) FROM ORDINARY ACTIVITIES
	AFTER TAX (11)-(12)	5,510.95	4,616.02		4,251.33	10,126.97	6,850.48	16,192.68
14.	Extraordinary items (net of tax expense)	..	..		..	..	..	..
15.	NET PROFIT/(LOSS) FOR THE PERIOD (13)-(14)	5,510.95	4,616.02		4,251.33	10,126.97	6,850.48	16,192.68
16.	Paid-up equity share capital (face value ₹ 2 each)	1,387.09	1,385.22		1,379.46	1,387.09	1,379.46	1,383.41
17.	Reserves excluding revaluation reserves	152,176.34	147,894.71		133,154.55	152,176.34	133,154.55	143,029.08
18.	Analytical ratios
	i)	Percentage of shares held by Government of India	0.20%	0.20%		0.34%	0.20%	0.34%	0.34%
	ii)	Capital adequacy ratio (Basel III)	18.33%	18.71%		18.47%	18.33%	18.47%	19.12%
	iii)	Earnings per share (EPS)
		a)	Basic EPS before and after extraordinary items,
			net of tax expense (not annualised) (in ₹)	7.95	6.67		6.35	14.62	10.41	24.01
		b)	Diluted EPS before and after extraordinary
			items, net of tax expense (not annualised) (in ₹)	7.79	6.54		6.29	14.34	10.30	23.67
19.	NPA Ratio1
	i)	Gross non-performing customer assets (net of
		write-off)	41,437.41	43,148.28		38,989.19	41,437.41	38,989.19	41,373.42
	ii)	Net non-performing customer assets	8,161.04	9,305.83		7,187.51	8,161.04	7,187.51	9,180.20
	iii)	% of gross non-performing customer assets (net of
		write-off) to gross customer assets	4.82%	5.15%		5.17%2	4.82%	5.17%2	4.96%
	iv)	% of net non-performing customer assets to net
		customer assets	0.99%	1.16%		1.00%2	0.99%	1.00%2	1.14%
20.	Return on assets (annualised)	1.79%	1.54%		1.50%	1.67%	1.23%	1.42%
21.	Net worth3	144,264.76	139,665.44		125,260.17	144,264.76	125,260.17	134,709.32
22.	Outstanding redeemable preference shares	..	..		..	..	..	..
23.	Capital redemption reserve	350.00	350.00		350.00	350.00	350.00	350.00
24.	Debt-equity ratio4	0.38	0.49		0.62	0.38	0.62	0.51
25.	Total debts to total assets5	6.50%	7.30%		11.73%	6.50%	11.73%	7.45%

1. At September 30, 2021, the percentage of gross non-performing advances (net of write-off) to gross advances was 5.12% (June 30, 2021: 5.51%, March 31, 2021: 5.33%,
   September 30, 2020: 5.63%) and net non-performing advances to net advances was 1.06 % (June 30, 2021: 1.26%, March 31, 2021: 1.24%, September 30, 2020: 1.09%).
2. Including borrower accounts overdue for more than 90 days at September 30, 2020 and not classified as NPA pursuant to the Supreme Court order, the pro forma gross NPA ratio and net NPA ratio (based on customer assets), would have been 5.36% and 1.12% respectively at September 30, 2020.
3. Net worth is computed as per RBI Master Circular No. RBI/2015-16/70DBR.No.Dir.BC.12/13.03.00/2015-16 on Exposure Norms dated July 1, 2015.
4. Debt represent borrowings with residual maturity of more than one year.
5. Total debt represents total borrowings of the Bank.

1

SUMMARISED STANDALONE BALANCE SHEET

					(₹ in crore)
		At
Particulars	September	June		March	September 30,
30, 2021	30, 2021		31, 2021	2020
	(Unaudited)	(Unaudited)		(Audited)	(Unaudited)
Capital and Liabilities
Capital	1,387.09	1,385.22		1,383.41	1,379.46
Employees stock options outstanding	127.22	2.64		3.10	3.45
Reserves and surplus	155,269.93	150,988.30		146,122.67	136,269.42
Deposits	977,448.59	926,223.94		932,522.16	832,935.62
Borrowings (includes subordinated debt)	82,988.53	89,130.82		91,630.96	136,426.86
Other liabilities and provisions	58,780.94	52,923.50		58,770.38	55,956.34
Total Capital and Liabilities	1,276,002.30	1,220,654.42		1,230,432.68	1,162,971.15
Assets
Cash and balances with Reserve Bank of India	45,097.02	42,036.01		46,031.19	30,537.84
Balances with banks and money at call and short notice	104,946.82	63,828.26		87,097.06	106,053.91
Investments	285,220.04	294,848.74		281,286.54	289,623.03
Advances	764,937.43	738,597.86		733,729.09	652,607.99
Fixed assets	9,153.23	8,956.43		8,877.58	8,706.83
Other assets	66,647.76	72,387.12		73,411.22	75,441.55
Total Assets	1,276,002.30	1,220,654.42		1,230,432.68	1,162,971.15
STANDALONE CASH FLOW STATEMENTS
					(₹ in crore)
				Period ended
		September		March	September
Particulars		30, 2021		31, 2021	30, 2020
		(H1-2022)		(FY2021)	(H1-2021)
		(Unaudited)		(Audited)	(Unaudited)
Cash flow from/(used in) operating activities
Profit/(loss) before taxes		13,243.95		20,182.72	8,448.32
Adjustments for:
Depreciation and amortisation		637.61		1,201.34	584.93
Net (appreciation)/depreciation on investments1		587.94		(2,214.35)	(2,697.61)
Provision in respect of non-performing and other assets		5,238.32		10,749.13	4,172.24
General provision for standard assets (including Covid-19 related provision)		(968.39)		5,028.83	6,215.48
Provision for contingencies & others		1,449.68		594.27	361.03
Employee Stock Options Expense		124.88		..	..
Income from subsidiaries, joint ventures and consolidated entities		(992.83)		(1,234.00)	(521.18)
(Profit)/loss on sale of fixed assets		(0.17)		2.80	0.30
	(i)	19,320.99		34,310.74	16,563.51
Adjustments for:
(Increase)/decrease in investments		17,173.35		24,066.69	9,606.02
(Increase)/decrease in advances		(36,450.14)		(99,494.74)	(11,711.11)
Increase/(decrease) in deposits		44,926.42		161,553.17	61,966.62
(Increase)/decrease in other assets		3,445.46		1,077.38	1,069.15
Increase/(decrease) in other liabilities and provisions		(467.51)		5,082.08	1,397.73
	(ii)	28,627.58		92,284.58	62,328.41
Refund/(payment) of direct taxes	(iii)	185.91		(2,501.96)	(2,096.12)
Net cash flow from/(used in) operating activities (i)+(ii)+(iii)	(A)	48,134.48		124,093.36	76,795.80
Cash flow from/(used in) investing activities
Redemption/sale from/(investments in) subsidiaries and/or joint ventures (including application
money)		1,484.60		3,736.93	3,402.76
Income from subsidiaries, joint ventures and consolidated entities		992.83		1,234.00	521.18
Purchase of fixed assets		(837.86)		(1,430.15)	(866.79)
Proceeds from sale of fixed assets		6.24		5.66	3.41
(Purchase)/sale of held-to-maturity securities		(23,175.90)		(57,037.84)	(50,181.88)
Net cash flow from/(used in) investing activities	(B)	(21,530.09)		(53,491.40)	(47,121.32)
Cash flow from/(used in) financing activities
Proceeds from issue of share capital (including ESOPs)		448.54		15,460.03	15,018.40
Proceeds from long-term borrowings		3,117.86		15,208.98	1,911.14
Repayment of long-term borrowings		(14,133.26)		(37,729.08)	(19,753.34)
Net proceeds/(repayment) of short-term borrowings		2,303.39		(48,875.25)	(8,693.71)
Dividend and dividend tax paid		(1,385.23)		..	..
Net cash flow from/(used in) financing activities	(C)	(9,648.70)		(55,935.32)	(11,517.51)
Effect of exchange fluctuation on translation reserve	(D)	(40.10)		(694.13)	(720.96)
Net increase/(decrease) in cash and cash equivalents
(A) + (B) + (C) + (D)		16,915.59		13,972.51	17,436.01
Cash and cash equivalents at beginning of the period/year		133,128.25		119,155.74	119,155.74
Cash and cash equivalents at end of the period/year		150,043.84		133,128.25	136,591.75

1. For the year ended March 31, 2021 and six months ended September 30, 2020, includes gain on sale of a part of equity investment in ICICI Lombard General Insurance Company Limited, ICICI Prudential Life Insurance Company Limited and ICICI Securities Limited.
2. Cash and cash equivalents include cash in hand, balances with RBI, balances with other banks and money at call and short notice.

2

CONSOLIDATED FINANCIAL RESULTS

									(₹ in crore)
			Three months ended		Six months ended	Year ended
			September	June		September	September	September	March
			30, 2021	30, 2021		30, 2020	30, 2021	30, 2020	31, 2021
Sr.		Particulars	(Q2-2022)	(Q1-2022)		(Q2-2021)	(H1-2022)	(H1-2021)	(FY2021)
no.
			(Unaudited -
			(Unaudited)	Restated) refer		(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
				note no. 11
1.	Interest earned (a)+(b)+(c)+(d)	23,478.00	22,615.16		22,226.49	46,093.16	44,649.20	89,162.66
	a)	Interest/discount on advances/bills	16,488.48	15,697.44		14,805.93	32,185.92	30,141.63	60,261.69
	b)	Income on investments	5,502.13	5,480.06		6,061.02	10,982.19	11,914.75	23,264.25
	c)	Interest on balances with Reserve Bank of India and
		other inter-bank funds	321.56	197.45		488.72	519.01	993.19	1,881.72
	d)	Others	1,165.83	1,240.21		870.82	2,406.04	1,599.63	3,755.00
2.	Other income (refer note no. 7)	16,006.49	12,736.81		17,063.08	28,743.30	32,556.27	72,029.53
3.	TOTAL INCOME (1)+(2)	39,484.49	35,351.97		39,289.57	74,836.46	77,205.47	161,192.19
4.	Interest expended	10,092.56	10,067.81		10,944.95	20,160.37	22,291.97	42,659.09
5.	Operating expenses (e)+(f)	18,267.01	15,870.84		18,453.81	34,137.85	32,754.23	76,271.67
	e)	Employee cost	3,021.92	2,971.77		2,731.93	5,993.69	5,589.29	11,050.91
	f)	Other operating expenses	15,245.09	12,899.07		15,721.88	28,144.16	27,164.94	65,220.76
6.	TOTAL EXPENDITURE (4)+(5)
	(excluding provisions and contingencies)	28,359.57	25,938.65		29,398.76	54,298.22	55,046.20	118,930.76
7.	OPERATING PROFIT (3)-(6)
	(Profit before provisions and contingencies)	11,124.92	9,413.32		9,890.81	20,538.24	22,159.27	42,261.43
8.	Provisions (other than tax) and contingencies (refer
	note no. 4 and 6)	2,774.17	2,970.67		3,049.95	5,744.84	10,754.53	16,377.39
9.	PROFIT/(LOSS) FROM ORDINARY ACTIVITIES BEFORE
	EXCEPTIONAL ITEMS AND TAX (7)-(8)	8,350.75	6,442.65		6,840.86	14,793.40	11,404.74	25,884.04
10.	Exceptional items	..	..		..	..	..	..
11.	Add: Share of profit in associates (refer note no. 5)	254.77	127.91		31.85	382.68	55.27	144.29
12.	PROFIT/(LOSS) FROM ORDINARY ACTIVITIES BEFORE
	TAX AND MINORITY INTEREST (9)-(10)+(11)	8,605.52	6,570.56		6,872.71	15,176.08	11,460.01	26,028.33
13.	Tax expense (g)+(h)	2,034.92	1,651.90		1,446.38	3,686.82	2,446.77	5,664.37
	g)	Current period tax	1,897.65	1,562.54		1,591.92	3,460.19	2,840.90	6,261.18
	h)	Deferred tax adjustment	137.27	89.36		(145.54)	226.63	(394.13)	(596.81)
14.	Less: Share of profit/(loss) of minority shareholders	478.76	155.89		544.00	634.65	1,013.23	1,979.64
15.	NET PROFIT/(LOSS) FROM ORDINARY ACTIVITIES
	AFTER TAX (12)-(13)-(14)	6,091.84	4,762.77		4,882.33	10,854.61	8,000.01	18,384.32
16.	Extraordinary items (net of tax expense)	..	..		..	..	..	..
17.	NET PROFIT/(LOSS) FOR THE PERIOD (15)-(16)	6,091.84	4,762.77		4,882.33	10,854.61	8,000.01	18,384.32
18.	Paid-up equity share capital (face value ₹ 2/- each)	1,387.09	1,385.22		1,379.46	1,387.09	1,379.46	1,383.41
19.	Reserves excluding revaluation reserves	163,965.39	158,124.94		141,499.23	163,965.39	141,499.23	153,075.71
20.	Analytical ratios
	Basic EPS before and after extraordinary items, net of
	tax expense (not annualised) (in ₹)	8.79	6.88		7.30	15.67	12.15	27.26
	Diluted EPS before and after extraordinary items, net of
	tax expense (not annualised) (in ₹)	8.60	6.74		7.21	15.34	12.01	26.83

3

SUMMARISED CONSOLIDATED BALANCE SHEET

					(₹ in crore)
		At
	September	June		March	September 30,
Particulars	30, 2021	30, 2021		31, 2021	2020
		(Unaudited -
	(Unaudited)	Restated) refer		(Audited)	(Unaudited)
		note no. 11
Capital and Liabilities
Capital	1,387.09	1,385.22		1,383.41	1,379.46
Employees stock options outstanding	127.22	2.64		3.10	3.45
Reserves and surplus	167,090.67	161,250.22		156,200.99	144,642.59
Minority interest	5,617.31	5,488.25		9,588.34	8,482.86
Deposits	1,004,197.02	954,953.92		959,940.02	863,139.13
Borrowings (includes subordinated debt)	128,017.78	136,896.16		143,899.94	189,941.45
Liabilities on policies in force	226,633.26	212,817.05		203,180.04	172,685.09
Other liabilities and provisions	70,982.57	63,937.56		99,616.40	95,739.67
Total Capital and Liabilities	1,604,052.92	1,536,731.02		1,573,812.24	1,476,013.70
Assets
Cash and balances with Reserve Bank of India	45,449.00	42,074.32		46,302.20	30,587.66
Balances with banks and money at call and short notice	118,107.69	78,405.22		101,268.33	117,422.68
Investments	532,848.50	530,056.33		536,578.62	511,618.43
Advances	823,961.92	798,499.03		791,801.39	713,359.08
Fixed assets	10,357.93	10,164.78		10,809.26	10,655.58
Other assets	73,327.88	77,531.34		87,052.44	92,370.27
Total Assets	1,604,052.92	1,536,731.02		1,573,812.24	1,476,013.70
CONSOLIDATED CASH FLOW STATEMENTS
					(₹ in crore)
				Period ended
		September		March	September
Particulars		30, 2021		31, 2021	30, 2020
		(H1-2022)		(FY2021)	(H1-2021)
		(Unaudited)		(Audited)	(Unaudited)
Cash flow from/(used in) operating activities
Profit/(loss) before taxes		14,541.43		24,048.68	10,446.78
Adjustments for:
Depreciation and amortisation		712.93		1,471.37	718.41
Net (appreciation)/depreciation on investments1		571.43		(2,247.67)	(2,622.70)
Provision in respect of non-performing and other assets		5,379.45		11,031.51	4,288.84
General provision for standard assets (including Covid-19 related provision)		(987.49)		4,906.91	6,193.72
Provision for contingencies & others		1,445.68		633.97	382.26
(Profit)/loss on sale of fixed assets		(1.71)		6.34	1.50
Employees stock options expense		126.54		7.76	2.07
	(i)	21,788.26		39,858.87	19,410.88
Adjustments for:
(Increase)/decrease in investments		11,056.76		9,047.86	7,263.96
(Increase)/decrease in advances		(37,543.46)		(96,893.28)	(11,622.66)
Increase/(decrease) in deposits		44,257.00		159,155.56	62,354.67
(Increase)/decrease in other assets		2,835.24		427.64	(2,706.91)
Increase/(decrease) in other liabilities and provisions		13,892.80		30,252.23	11,170.05
	(ii)	34,498.34		101,990.01	66,459.11
Refund/(payment) of direct taxes	(iii)	(333.94)		(3,833.58)	(2,766.06)
Net cash flow from/(used in) operating activities (i)+(ii)+(iii)	(A)	55,952.66		138,015.30	83,103.93
Cash flow from/(used in) investing activities
Purchase of fixed assets		(848.75)		(1,688.20)	(938.78)
Proceeds from sale of fixed assets		9.73		12.16	5.83
(Purchase)/sale of held to maturity securities		(22,135.51)		(61,310.87)	(52,348.42)
Net cash flow from/(used in) investing activities	(B)	(22,974.53)		(62,986.91)	(53,281.37)
Cash flow from/(used in) financing activities
Proceeds from issue of share capital (including ESOPs)		448.54		15,460.03	15,018.40
Proceeds from long-term borrowings		7,870.40		29,421.51	8,206.88
Repayment of long-term borrowings		(20,285.49)		(52,773.41)	(26,144.50)
Net proceeds/(repayment) of short-term borrowings		(3,052.34)		(46,774.90)	(6,039.67)
Dividend and dividend tax paid		(1,385.23)		..	..
Net cash flow from/(used in) financing activities	(C)	(16,404.12)		(54,666.77)	(8,958.89)
Effect of exchange fluctuation on translation reserve	(D)	(29.16)		(644.01)	(706.25)
Net increase/(decrease) in cash and cash equivalents
(A) + (B) + (C) + (D)		16,544.85		19,717.61	20,157.42
Cash and cash equivalents at beginning of the period/year		147,570.53		127,852.92	127,852.92
Less: Reduction due to deconsolidation of ICICI Lombard General Insurance Company
during the period/year		(558.69)
Cash and cash equivalents at end of the period/year		163,556.69		147,570.53	148,010.34

1. For the year ended March 31, 2021 and six months ended September 30, 2020, includes gain on sale of a part of equity investment in ICICI Lombard General Insurance Company Limited, ICICI Prudential Life Insurance Company Limited and ICICI Securities Limited.
2. Cash and cash equivalents include cash in hand, balances with RBI, balances with other banks and money at call and short notice.

4

CONSOLIDATED SEGMENTAL RESULTS

									(₹ in crore)
			Three months ended		Six months ended	Year ended
			September	June		September	September	September	March
			30, 2021	30, 2021		30, 2020	30, 2021	30, 2020	31, 2021
Sr.	Particulars		(Q2-2022)	(Q1-2022)		(Q2-2021)	(H1-2022)	(H1-2021)	(FY2021)
no.
			(Unaudited -
			(Unaudited)	Restated) refer		(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
				note no. 11
1.	Segment Revenue
a	Retail Banking		20,985.88	19,707.34		18,654.97	40,693.22	36,821.12	75,669.29
b	Wholesale Banking		9,686.57	9,469.78		9,204.09	19,156.35	18,775.00	37,194.53
c	Treasury		16,639.52	16,147.48		15,859.86	32,787.00	35,112.67	66,481.09
d	Other Banking		656.41	705.35		803.90	1,361.76	1,610.71	3,180.06
e	Life Insurance		11,658.00	9,184.14		10,637.25	20,842.14	17,861.36	43,621.59
f	General Insurance		..	..		3,168.50	..	6,190.87	12,964.83
g	Others		2,265.23	2,103.79		2,020.09	4,369.02	4,009.62	7,827.03
	Total segment revenue		61,891.61	57,317.88		60,348.66	119,209.49	120,381.35	246,938.42
	Less: Inter segment revenue		22,407.12	21,965.91		21,059.09	44,373.03	43,175.88	85,746.23
	Income from operations		39,484.49	35,351.97		39,289.57	74,836.46	77,205.47	161,192.19
2.	Segmental Results (i.e. Profit before tax and minority
	interest)
a	Retail Banking		2,606.16	389.41		3,012.24	2,995.57	5,771.00	7,739.97
b	Wholesale Banking		1,876.37	1,908.46		683.88	3,784.83	1,699.59	5,819.95
c	Treasury		2,632.13	2,668.09		1,909.59	5,300.22	6,462.10	10,615.59
d	Other Banking		156.55	145.32		136.31	301.87	288.36	573.57
e	Life Insurance		474.66	(215.82)		329.87	258.84	641.06	1,081.18
f	General Insurance		..	..		554.57	..	1,085.61	1,953.95
g	Others		1,188.20	954.49		978.11	2,142.69	1,956.66	4,007.71
h	Unallocated expenses		..	1,050.00		(497.30)	1,050.00	(6,047.30)	(4,750.00)
	Total segment results		8,934.07	6,899.95		7,107.27	15,834.02	11,857.08	27,041.92
	Less: Inter segment adjustment		583.32	457.30		266.41	1,040.62	452.34	1,157.88
	Add: Share of profit in associates		254.77	127.91		31.85	382.68	55.27	144.29
	Profit before tax and minority interest		8,605.52	6,570.56		6,872.71	15,176.08	11,460.01	26,028.33
3.	Segment assets
a	Retail Banking		440,449.89	417,429.46		364,641.11	440,449.89	364,641.11	412,498.65
b	Wholesale Banking		334,763.84	328,226.41		294,183.17	334,763.84	294,183.17	325,937.50
c	Treasury		482,178.51	451,026.22		473,650.66	482,178.51	473,650.66	460,232.05
d	Other Banking		65,889.47	71,442.53		75,842.65	65,889.47	75,842.65	75,068.23
e	Life Insurance		241,441.14	227,515.01		184,161.41	241,441.14	184,161.41	216,918.91
f	General Insurance		..	..		37,868.07	..	37,868.07	38,943.61
g	Others		40,544.01	40,767.08		43,035.95	40,544.01	43,035.95	44,599.48
h	Unallocated		10,695.36	13,533.77		16,505.99	10,695.36	16,505.99	14,359.97
	Total		1,615,962.22	1,549,940.48		1,489,889.01	1,615,962.22	1,489,889.01	1,588,558.40
	Less: Inter segment adjustment		11,909.30	13,209.46		13,875.31	11,909.30	13,875.31	14,746.16
	Total segment assets		1,604,052.92	1,536,731.02		1,476,013.70	1,604,052.92	1,476,013.70	1,573,812.24
4.	Segment liabilities
a	Retail Banking		726,094.15	699,657.43		623,628.40	726,094.15	623,628.40	686,920.79
b	Wholesale Banking		293,984.46	263,529.57		242,783.86	293,984.46	242,783.86	282,163.92
c	Treasury		106,797.40	112,399.38		164,790.95	106,797.40	164,790.95	121,596.08
d	Other Banking		48,834.28	53,335.59		60,624.11	48,834.28	60,624.11	56,774.88
e	Life Insurance		232,835.33	219,206.66		176,102.67	232,835.33	176,102.67	207,915.76
f	General Insurance		..	..		31,175.63	..	31,175.63	31,143.21
g	Others		33,601.16	33,963.30		37,200.09	33,601.16	37,200.09	38,195.80
h	Unallocated		5,210.46	5,210.46		7,557.80	5,210.46	7,557.80	6,260.46
	Total		1,447,357.24	1,387,302.39		1,343,863.51	1,447,357.24	1,343,863.51	1,430,970.90
	Less: Inter segment adjustment		11,909.30	13,209.45		13,875.31	11,909.30	13,875.31	14,746.16
	Total segment liabilities		1,435,447.94	1,374,092.94		1,329,988.20	1,435,447.94	1,329,988.20	1,416,224.74
5.	Capital employed (i.e. Segment assets	-
	Segment liabilities)
a	Retail Banking		(285,644.25)	(282,227.97)		(258,987.29)	(285,644.25)	(258,987.29)	(274,422.14)
b	Wholesale Banking		40,779.38	64,696.84		51,399.31	40,779.38	51,399.31	43,773.58
c	Treasury		375,381.11	338,626.83		308,859.71	375,381.11	308,859.71	338,635.97
d	Other Banking		17,055.19	18,106.94		15,218.54	17,055.19	15,218.54	18,293.35
e	Life Insurance		8,605.81	8,308.35		8,058.74	8,605.81	8,058.74	9,003.15
f	General Insurance		..	..		6,692.44	..	6,692.44	7,800.40
g	Others		6,942.84	6,803.78		5,835.86	6,942.84	5,835.86	6,403.68
h	Unallocated		5,484.90	8,323.31		8,948.19	5,484.90	8,948.19	8,099.51
	Total capital employed		168,604.98	162,638.08		146,025.50	168,604.98	146,025.50	157,587.50

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