United Bank of India

हिन्दी

Skip to : Navigation | Main Content

Retail Banking

Corporate Banking

International Banking

Home » About Us

What's New

SPECIAL LOAN SCHEMES FOR SC & ST COMMUNITIES

List of 730 POs provisionally allocated by IBPS for recruitment as PO in JMG SC -I

Know More..

News Room

Press Releases

Registration for Newsletters

Financial Result 31st December, 2009

Financial Results Sept. 2010
Financial Results March 2010
Financial Results December 2009
Financial Results September 2009
Financial Results March 2009
Financial Results for Quarter ended June 2010

Quarterly Review of Financial Results for the period ended on 31st December, 2009

( Rs. in lakh)
	PARTICULARS					Quarter Ended		Nine Months Ended		Year ended
						31.12.2009 (Reviewed)	31.12.2008 (Reviewed)	31.12.2009 (Reviewed)	31.12.2008 (Reviewed)	31.03.2009 (Audited)
1.	Interest earned (a) + (b) + (c) + (d)					133826.90	111722.45	384902.79	319468.98	431186.71
	a)	Interest / discount on advances / bills				91544.28	80993.39	271460.06	219305.03	300458.01
	b)	Income on Investments				41045.87	30760.55	111086.50	99056.61	127910.75
	c)	Interest on balances with RBI and other inter-bank funds				-12.21	-12.58	671.37	601.40	856.89
	d)	Others				1248.96	-18.91	1684.86	505.94	1961.06
2.	Other Income					13433.55	15068.10	39920.64	25414.11	49085.83
3.	TOTAL INCOME (1) + (2)					147260.45	126790.55	424823.43	344883.09	480272.54
4.	Interest Expended					98778.29	77628.60	287968.70	230500.93	315036.20
5.	Operating Expenses (i) + (ii)					27525.89	23106.41	77991.38	68885.78	97513.49
	i)	Employees Cost				16066.39	15336.37	48015.26	46490.00	65756.62
	ii)	Other operating expenses				11459.50	7770.04	29976.12	22395.78	31756.87
6.	TOTAL EXPENDITURE (4) + (5) (Excluding Provision and Contingencies)					126304.18	100735.01	365960.08	299386.71	412549.69
7.	OPERATING PROFIT (3) – (6) (Profit before Provision and Contingencies)					20956.27	26055.54	58863.35	45496.38	67722.85
8.	Provisions(other than tax) and Contingencies					4170.12	4827.01	18366.10	38058.93	43342.89
9.	Tax Expenses					4600.00	2450.00	12900.00	2450.00	5909.00
10.	NET PROFIT(+)/Loss(-) for the period (7) – (8) - (9)					12186.15	18778.53	27597.25	4987.45	18470.96
11.	Paid-up Capital					51643.08	153243.08	51643.08	153243.08	178243.08
12.	Reserves excluding revaluation reserves (as per balance sheet of the previous accounting year)					82638.03	64167.07	82638.03	64167.07	82638.03
13.	Analytical Ratios
	i)		Percentage of shares held by Govt. of India			100%	100%	100%	100%	100%
	ii)		Capital Adequacy Ratio
			a)		Basel-I	9.83%	10.97%	9.83%	10.97%	11.51%
			b)		Basel-II	11.44%	12.74%	11.44%	12.74%	13.28%
	iii)		a)	Amount of gross non-performing assets		106661.00	106894.00	106661.00	106894.00	102035.00
			b)	Amount of net non-performing assets		54300.00	55234.00	54300.00	55234.00	52497.00
			c)	% of gross NPAs		2.51%	3.37%	2.51%	3.37%	2.86%
			d)	% of net NPAs		1.29%	1.76%	1.29%	1.76%	1.48%
	iv)		Return on Assets (annualised) (%)			0.52%	0.13%	0.52%	0.13%	0.34%

Notes:

As per Government of India letter No.11/25/2009-BOA dated 07.07.09 followed by letter dated 30.12.09 conveying government approval, restructuring of paid up equity capital of the bank has been effected by return of an amount of Rs.1266 crore to the Government of India and simultaneous infusion of this amount in the Capital Reserve of the Bank.
The Bank is following the same accounting policies in the Financial Statements for the quarter ending 31st December,2009 as was followed in the Annual Financial Statement for the year ended 31st March 2009.
The working results for the quarter ending 31st December, 2009 have been arrived at after making necessary provision for Non-performing Assets, Standard Assets, taxation etc, wherever applicable and other usual provisions including additional provision for Pension, Retiral Leave and Wage Revision.
The Bank has provided Rs.61.86 crore towards Transitional Liability as per AS-15(R).
The outstanding amount on account of the Agricultural Debt Waiver and Debt Relief Scheme,2008 framed by Govt. of India has been reduced to Rs.74.45 crore from initial amount of Rs.211.19 crore on receipt of three instalments and subsequent grievance claim.
The Bank has made an ad hoc provision of Rs.85 crore towards wage revision in current accounting period and up to date Rs.155 crore provided on account of wage revision pending final negotiation which has been considered adequate by the Management.
All applicable Accounting Standards relevant to the interim financial results attached have been adopted as per RBI guidelines.
Inter branch transactions, Drafts Payable Account, ATM Settlement, Clearing and other Adjustment accounts are under reconciliation, balances with RBI and other Banks and Nostro Account are also under reconciliation. In the opinion of the management, the impact of such entries is not considered to be material.
Segment Reporting:-

Part A: Business Segments

(Rs. in crore)
Particulars	9 months period ended 31.12.2009	9 months period ended 31.12.2008	Previous accounting year ended 31.03.2009
	Unaudited	Unaudited	Audited
1. Segment Revenue A) Treasury Operations B) Other Banking Operations of which : i) Corporate/Wholesale Banking ii) Retail Banking C) Unallocated Total	1260 1906 1065 17 4248	1076 1352 1021 - 3449	1503 1700 1580 20 4803
2. Segment Results A) Treasury Operations B) Other Banking Operations of which : i) Corporate/Wholesale Banking ii) Retail Banking C) Unallocated Expenses (net of allocated income)	131 484 243 (270)	204 387 95 (231)	398 343 239 (302)
Operating Profit	588	455	678
Provisions & Contingencies (excluding Tax)	183	380	434
Profit Before Tax	405	75	244
Tax Provision	129	25	59
Profit after Tax	276	50	185
3. Segment Assets A) Treasury Operations B) Other Banking Operations of which : i) Corporate/Wholesale Banking ii) Retail Banking C) Unallocated Total	24768 30151 12047 7031 73997	16744 22846 8527 4978 53095	17924 25157 10237 8404 61722
4. Segment Liability A) Treasury Operations B) Other Banking Operations of which : i) Corporate/Wholesale Banking ii) Retail Banking C) Unallocated Total	23276 33056 13209 4456 73997	15306 24839 9272 3678 53095	16771 29128 11852 3971 61722

Part B : Geographical Segment – Not Applicable

Previous year’s/period figures have been regrouped/reclassified wherever considered necessary.

The above financial results have been taken on record by the Board of Directors at its meeting held on January 19, 2010.

(S.C. Gupta)	(T.M. Bhasin)
(Chairman & Managing Director)	(Executive Director)

Place : Kolkata

Date : 19.01.2010

Online Services

	Grievance Online
	MSME loan
	Education loan
	Home Loan
	Car Loan
	Personal Loan
	Feedback

eBanking

	Register Online
	Forgot Password ?
	Retail User
	Corporate User
	United QuickPay

M-Banking

	Enjoy the ease of United mBank

Share Trading

	Uconnect
	e-ASBA

Debit Card Services




	(Recharge Mobile / DTH)

Empanelment of fresh Stock Auditors / Valuers

Tenders

	Live Tenders
	Archive

Financial Inclusions | FAQ | SLBC | Employee | AML/CTF/US PATRIOT ACT

Sitemap : Tender : Contact Us : Disclaimer

Site best viewed in resolution of 1024x768