Page 249 - Demo

Notes to financial statements
for the year ended March 31, 2020
(d) Closing balance (A-b) (iii) Movement of Net NPAs
(a) Opening balance
(b) Additions during the year #
(c) Reductions during the year #
(d) Closing balance
(iv) Movement of provisions for NPAs (excluding provisions on standard assets)
(a) Opening balance
(b) provisions made during the year
(c) Write-back of excess provisions
(d) Closing balance
(` in 000's)
978,523
509,337
382,702 616,557 275,482
2,249,866
525,124 2,071,949 703,041
FINANCIAL STATEMENTS
Particulars
As at 31/03/2020
1,371,410
As at 31/03/2019
275,482
332,483
333,072
274,893
703,041
1,097,340
703,864
1,096,517
# additions and deletions does not include cases which have become npA during the month and subsequently moved out of npA in the same month.
4.2 Technical or Prudential Write Offs:
technical or prudential write-offs refer to the amount of non-performing assets which are outstanding in the product level systems, but have been written-off (fully or partially) at the financial ledger level. the financial accounting systems of the Bank are integrated and centralised at the Head office and no books are maintained at the Branches
Movement in the stock of technically or prudentially written-off accounts given below:
opening balance of technical / prudential write-offs accounts
Add: technical/prudential write offs during the Year
less: Recoveries made from previously technically / prudentially written-off accounts during the Year
less: Actual write off during the Year
Closing balance of technical / prudential write-offs accounts
4.3 Provisions on standard Assets:
(` in 000's)
48,206 -
(11,772)
(34,610) 1,824
Particulars
As at 31/03/2020
As at 31/03/2019
1,824
-
(479)
(1,345)
-
Bank has followed the prudential norms on income recognition, asset classification and provisions. the excess provisions over and above the same is as per the Board approved policy.
the provision on standard assets is included in ‘other liabilities and provisions – (iv) Standard asset-General provisions’ in Schedule 5, and is not netted off from Advances.
(` in 000's)
provisions towards Standard Assets 539,154
4.4 floating provisions:
(` in 000's)
opening Balance as at beginning of the Year - provisions made during the Year - Draw-down made during the Year - Closing Balance as at end of the Year -
Particulars
As at 31/03/2020
As at 31/03/2019
1,203,283
Particulars
As at 31/03/2020
As at 31/03/2019
-
-
-
-
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