Page 295 - KRCL ENglish

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Notes forming part of the Consolidated Financial Statements as at 31 March, 2020
14.

2019

136.28 129.06

517.84 147.45
2.00 2.00
2.41 3.99

658.54 282.50

15.

2019

2.30 13.15

2.30 13.15

16.

2019

measured

19.03

19.03

16.1 Loan given to Konkan Railway Welfare Organisation (KRWO), formed for the welfare of the employees
of the Corporation, carries interest @ 7% p.a and is repayable in 7 years from the date of disbursement.
The loans were disbursed during the period 2010-11 to 2014-15.The KRWO has executed simple
mortgage deed in favour of the Corporation. The loan has been classied as unsecured.

16.2 Loan amount includes ` 19.03 Crore (` 19.03 Crore) which has become due on completion of seven
years from the disbursment of respective loans. The management is in the process of recovery of the
same.

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