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Unaudited Financial Results for the quarter & Half Year ended 30^th September, 2009

Notes on Accounts forming part of Un-audited Financial Results For the
Half Year Ended 30th September, 2009:

1. These unaudited financial results for Half Year ended 30th September, 2009 have been
   compiled as per clause 41 of the listing agreement.
   
   

2. The profit for Half Year ended 30th September, 2009 has been arrived at after considering
   provisions for Non-performing assets, Standard Assets and Investment Depreciation on the
   basis of prudential norms issued by the Reserve Bank of India. Income Tax, Deferred tax
   and other usual and necessary provisions have been made on estimated basis and are subject
   to adjustment at the year-end.

3. Accounting Policies followed in preparation of these financial results are same as followed
   in the annual financial statements for the year ended 31st March, 2009.

4. An amount of Rs.3.06 crores has been charged to Profit & Loss Account during the Half
   Year ended 30th September, 2009 being one tenth of the total expenditure relating to
   Follow-on-Public Issue made by the Bank during April, 2005.

5. Provision of Rs.110crores has been made during the Half Year towards wage arrears on
   estimated basis pending finalization of wage revision.

6. At some branches, balancing / reconciliation of accounts relating to Deposits, Advances,
   Balances with Banks and NOSTRO accounts are in progress. Since substantial progress has
   been made in the above areas, the management is of the view that the impact of
   reconciliation, if any, on the accounts of the Bank will not be material.
   
   

7. The Government of India has notified Relief Scheme viz ADW & DRS 2008 for giving debt
   waiver to marginal and small farmers and to other farmers who availed direct agricultural
   loan. Final claim of Rs.1041.80 crore has been lodged with the RBI being the amount
   waived after due verification by the Statutory Central Auditors of the Bank ,out of which so
   far Rs.504.79 crore has been received.

8. During the quarter, the Bank has issued 8.45% unsecured, redeemable, nonconvertible
   subordinated Lower Tier II bonds in the nature of promissory notes with a tenure of 120
   months for an aggregate amount Rs 45000 lacs by private placement.

9. The figures of previous period have been regrouped and reclassified wherever necessary in
   order to make them comparable.

10. The above results have been approved by the Board of Directors in the meeting held on
    22nd October, 2009.

11. Status of Investors’ Complaints:
    As on 1st July 2009, the Bank had no investor’s complaints. During the quarter the Bank
    received 616 complaints, which were suitably resolved and no complaint was pending as on
    30th September, 2009.

SEGMENT- WISE REVENUE, RESULTS, AND CAPITAL EMPLOYED
FOR THE QUARTER AND HALF YEAR ENDED 30-09-2009

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