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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 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 64678
Other Liabilities & Provisions 5 3371424 5288628
TOTAL   83227650 75668829
ASSETS      
Cash and Balances with Reserve Bank of India 6 2433284 3105879
Balances with Banks and Money at Call and Short Notice 7 9144247 4800215
Investments 8 36295684 32683472
Loans & Advances 9 23931935 24822387
Fixed Assets 10 76318 92352
Other Assets 11 11346182 10164524
TOTAL   83227650 75668829
Contingent Liabilities 12 509654 447308
Bills for Collection   NIL NIL
Principal Accounting Policies and Notes on Accounts 17 & 18    
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31st March, 2020
  Schedule As on 31.03.2020(Current Year) As on 31.03.2019( Previous Year)
I. INCOME      
Interest earned 13 5116834 3855392
Other income 14 619604 408206
TOTAL   5736438 4263598
II. EXPENDITURE      
Interest expended 15 3379159 3283951
Operating expenses 16(A) 1787324 1581881
Provisions & contingencies 16(B) 1964881 3172084
TOTAL   7131364 8037916
III. PROFIT & LOSS      
Profit before tax   -1394926 -3774318
Less : Tax Provision      
Provision for Income Tax For the Financial Year   NIL NIL
Profit after Tax   -1394926 -3774318
Loss brought forward ( * ) -8239742 -4465424
TOTAL   -9634668 -8239742
Balance carried over to Balance Sheet   -9634668 -8239742
TOTAL   -9634668 -8239742

 

(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 11.05.2020and approved by the Board of Directors of the Bank (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 ( Ranjit Kumar Mishra ) Date:- 11/05/2020 ( 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