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Balanance Sheet


UTKAL GRAMEEN BANK ( Sponsored by State Bank of India) HEAD OFFICE,Club Para,Bolangir,PO/Dist- Bolangir,PIN-767001 AUDITED FINANCIAL RESULTS FOR THE YEAR 2020-21 BALANCE SHEET AS ON 31/03/2021
    (Rs. In thousand)  
CAPITAL & LIABILITIES Schedule As on 31.03.2021(Current Year) As on 31.03.2020(Previous Year)
Capital 1 9703731 7022131
Perpetual Bond 1(A) 81383 81383
Share Capital Deposit 1(B) 0 2279360
Reserves & Surplus 2 NIL NIL
Deposits 3 74872500 70470647
Borrowings 4 3530296 2705
Other Liabilities & Provisions 5 3684777 3371424
TOTAL   91872687 83227650
ASSETS      
Cash and Balances with Reserve Bank of India 6 3091187 2433284
Balances with Banks and Money at Call and Short Notice 7 6272909 9144247
Investments 8 41954003 36295684
Loans & Advances 9 24185410 23931935
Fixed Assets 10 61017 76318
Other Assets 11 16308161 113461824
TOTAL   91872687 83227650
Contingent Liabilities 12 541701 509654
Bills for Collection   NIL NIL
Principal Accounting Policies and Notes on Accounts 17 & 18    
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31st March, 2021
  Schedule As on 31.03.2021(Current Year) As on 31.03.2020( Previous Year)
I. INCOME      
Interest earned 13 4746110 5116834
Other income 14 709910 619604
TOTAL   5456020 5736438
II. EXPENDITURE      
Interest expended 15 3198963 3379159
Operating expenses 16(A) 1605867 1787324
Provisions & contingencies 16(B) 4767469 1964881
TOTAL   9572299 7131364
III. PROFIT & LOSS      
Profit before tax   -4116279 -1394926
Less : Tax Provision      
Provision for Income Tax For the Financial Year   NIL NIL
Profit after Tax   -4116279 -1394926
Loss brought forward ( * ) -9634668 -8239742
TOTAL   -13750947 -9634668
Balance carried over to Balance Sheet   -13750947 -9634668
TOTAL   -13750947 -9634668

 

(1)Above financial results have been audited by the Statutory Central Auditors M/s Agasti & Associates.,BBSR in line with the guidelines issued by NABARD and signed by the SCA on 17.05.2021 (2) The Financial results have been arrived at as per the standard accounting principles and after considering provisions for Non Performing Assets/Standard Assets as per prudential norms issued by NABARD and other required provisions. Place: Bolangir ( Shri A. C Beura ) Date:- 17/05/2021 ( Chairman )                                                                                                                                                                      

UTKAL GRAMEEN BANK ( Sponsored by State Bank of India) HEAD OFFICE,Club Para,Bolangir,PO/Dist- Bolangir,PIN-767001 AUDITED FINANCIAL RESULTS FOR THE YEAR 2019-20 BALANCE SHEET AS ON 31/03/2020

   

(Rs. In thousand)

 

CAPITAL & LIABILITIES

Schedule

As on 31.03.2020 (Current Year)

As on 31.03.2019 (Previous Year)

Capital

1

7022131

4949233

Perpetual Bond

1(A)

81383

81383

Share Capital Deposit

1(B)

2279360

323367

Reserves & Surplus

2

NIL

NIL

Deposits

3

70470647

64961540

Borrowings

4

2705

Rate of Interest - Loans ?

Rate of Interest - Deposits ?

NTG Finance ?

Contact

06652 232285
chairman.ugb@gmail.com