The Sutex Co-op. Bank Ltd., Surat
Disclosure of information as per
RBI Circular No.UBD CO BPD (PCB) Cir. No.52/12.05.001/2013-14 dated March 25, 2014
`Notes on Accounts'
Financial Year  2019      (Rs. In Crore)   2020      (Rs. In Crore) 
 i)   Capital to Risk Weight Asset Ratio (CRAR)  12.06% 13.12%
 ii)   Movement of CRAR i.e., CRAR as on Balance Sheet date for the current year vis-à-vis previous year  12.06% 13.12%
 iii)   Investments:     
   a)   Book Value and Face value of investments     
     Book Value       626.55      698.90
     Face Value       617.44      688.36
   b)   Market value of investments       610.64      703.17
   c)   Details of Issuer composition of non-SLR investments and non performing non-SLR Investments (UBD.CO.BPD.(PCB) Cir No.45/16.20.00/2003-04 dated April 15, 2004 and UBD.(PCB).BPD.Cir.No.14/16.20.00/2007-08) dated September 18,2007)     
   ?   Issuer Composition of Non SLR Investments  (Rs. In Crore)     
   No.   Issuer   Amount   Extent of 'below investment grade Securities'   Extent of 'unrated Securities'   Extent of unlisted Securities'       
   (1)   (2)   (3)   (4)   (5)   (6)       
      1  PSUs                 -                      -                  -                      -        
      2  FIs              4.00                    -                  -                      -        
      3  Public Sector Banks                 -                      -                  -                      -        
      4  Mutual Funds                 -                      -                  -                      -        
      5  Others              1.33                    -                  -                      -        
      6  Provision Held towards Depreciation              1.33                    -                  -                      -        
                   
   ?   Non -performing Non SLR Investment     
     Particulars   Amount (Rs. In Crore)         
     Opening Balance              1.33        
     Additions during the year since 1st April                 -          
     Reduction during the above period                 -          
     Closing Balance              1.33        
     Total Provisions held              1.33        
                   
 iv)   Advances against real estate, construction business, housing         46.91        39.88
 v)   Advances against shares & debentures              -               -  
 vi)   Advances to directors, their relatives, companies / firms in which they are interested:     
   a)   Fund Based           4.00          1.95
   b)   Non-fund based (Guarantees, L/C etc.)              -               -  
 vii)   Cost of Deposits: Average cost of deposits  6.51% 6.72%
 viii)   NPAs:     
   a)   Gross NPAs         20.94        26.63
   b)   Net NPAs              -               -  
 ix)   Movement in NPAs i.e. Gross and net NPAs as on Balance Sheet date for the current year vis-à-vis previous year. Net NPAs should be arrived at after deducting provisions held, interest suspense account etc.     
        Gross NPA as on beginning of the year         15.52        20.94
        Add: New NPA During Current year           5.64        10.64
        Less : Reduced during Current year           0.22          4.95
        Gross NPA as at the end of the year         20.94        26.63
 x)   Profitability:     
   a)   Interest income as a percentage of working funds  8.38% 6.76%
   b)   Non-Interest income as a percentage of working funds  0.46% 0.42%
   c)   Operating profit as a percentage of working funds  1.13% 0.79%
   d)   Return on Assets  0.64% 0.64%
   e)   Business (Deposits + Advanves) per employee         15.82        16.80
   f)   Profit per employee           0.07          0.07
 xi)   Provisions made towards NPAs, depreciation in investments, Standard Assets              -               -  
 xii)   Movement in provisions: [i.e., Provisions as on Balance Sheet date for the current year (e.g. March 31, 2020 vis-à-vis previous year(e.g. March 31, 2019).]      
   a)   Towards NPAs           1.15          0.64
   b)   Towards depreciation on investments           8.74             -  
   c)   Towards standard assets           5.19          5.44
 xiii)   Foreign currency assets & liabilities: (if applicable)   N.A.   N.A. 
 xiv)   Payment of DICGC Insurance Premium:(UBD.No.BP.38/16.45.00/2002-03 dated March 06, 2003)           1.84          1.98
 xv)   Penalty imposed by RBI: (UBD.PCB.Cir.No.40/16.45.00/2004-05 dated March 01, 2005)              -               -  
 xvi   Restructured Accounts     
        Housing Loan SME Debt Restructuring Others    
    Standard Advances Restructured Number of Borrowers                -                      -                      -      
    Amount Outstanding                -                      -                      -      
    Sacrifice (diminution in the fair value)                -                      -                      -      
    Sub Standard Advances Restructured Number of Borrowers                -                      -                      -      
    Amount Outstanding                -                      -                      -      
    Sacrifice (diminution in the fair value)                -                      -                      -      
    Doubtful Advances Restructured Number of Borrowers                -                      -                      -      
    Amount Outstanding                -                      -                      -      
    Sacrifice (diminution in the fair value)                -                      -                      -      
    Total Number of Borrowers                -                      -                      -      
    Amount Outstanding                -                      -                      -      
    Sacrifice (diminution in the fair value)                -                      -                      -      
                   
    Number of Applications under process for Restructuring: Nil    
 xvii    Fixed Assets : Fixed Assets are stated at cost of acquisition or construction less accumulated depreciation. Fixed Assets are capitalized at cost inclusive of legal and installation expense. Depreciation is charged over the estimated useful life of the fixed assets on written down value method except the computers.    
       
       
    Nature of Assets Rate of Depreciation Method    
    Building 2.50% WDV    
    Safe Deposit Vaults 10.00% WDV    
    Furniture & Fixtures 10.00% WDV    
    Computers 33.33% SLM    
    Electric Installation 10.00% WDV    
    Plant & Machinery 15.00% WDV    
 xviii     The Deposit Education and Awareness Fund Scheme, 2014   Previous Year   Current Year     
     Amount in Rs.     
     Opening balance of amounts transferred to DEAF        1,584,267.12    38,133,063.17    
   Add   Amounts transferred to DEAF during the year     37,397,217.40      7,412,055.85    
   Less   Amounts reimbursed by DEAF towards claims          848,421.35      2,148,793.39    
     Closing balance of amounts transferred to DEAF     38,133,063.17    43,396,325.63    
     Other Disclosures:         
1 As there is no depreciation on securities under AFS / HFT category as on 31/03/2020, the bank has transferred Rs.874.45 lakhs from Investment Depreciation Reserve to Investment Fluctuation Reserve by enrouting through P&L Account as stated in RBI master circular No.DCBR.BPD(PCB).MC No.4/16.20.000/2015-16 dated July 01, 2015.
2 The amount in SMA / overdue category as on 31/03/2020 is `nil’ where the moratorium / deferment was extended as per RBI Circular No. DOR No.BP.BC.63/21.04.048/2019-20 dated April 17, 2020.
3 The amount outstanding in Loan / CC Accounts is Rs. 20,69,67,911.48 where the asset classification benefit was extended as per RBI Circular No. DOR No.BP.BC.63/21.04.048/2019-20 dated April 17, 2020.
4 As mentioned in RBI Circular No. DOR No.BP.BC.47/21.04.048/2019-20 dated March 27, 2020, the bank had extended moratorium / deferment of three months for instalments / interest falling due between March 01, 2020 and May 31, 2020 to borrowers and as stated in RBI Circular No. DOR No.BP.BC.63/21.04.048/2019-20 dated April 17, 2020, appropriated / provided 5% of total outstanding amount of such term loan / CC accounts which were in default but standard as on February 29, 2020 towards  General Provision viz. COVID-19 BDDR Provision from the net profit of March 31, 2020. Such provisional amount arrived at Rs.1,54,85,000.00