thANNUAL REPORT2012 - 201396

96 ì`m dm{f©H$ gd©gmYmaU g^oMr

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_w»` H$m`©H$mar A{YH$marñWi :{X. :

H$amS17.07.2013

Q>rn :-1. g§MmbH$ _§S>imMm Ahdmb, Vmio~§X d Z\$m-VmoQ>m nÌH$ ho ~±Ho$À`m Zm|XUrH¥$V _w»`

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4. Á`m g^mgXm§Zm {df` n{ÌHo$Vrc àíZ qH$dm _m{hVr {dMmamd`mMr Agoc Ë`m§Zr Vgo coIrnÌ {X. 27 Owc¡ 2013 n`ªV _w»` H$m`m©c`mV AmUyZ Úmdo.

5. ZdrZ ghH$mar H$m`Úmg AZwgê$Z CnpñWV g^mgXm§Zm g^og CnpñWV am{hë`m~ÔbMoCnpñWVr à_mUnÌ XoÊ`mV `oUma Amho. gXa CnpñWV à_mUnÌ g^m gyMZmnÌmMm ^mJAgë`mZo g^oMr gyMZm àV d \$moQ>mo AgUmao AmoiInÌ ~amo~a Agë`m{edm` g^mJ¥hmVàdoe {Xbm OmUma Zmhr `mMr H¥$n`m Zm|X ¿`mdr

www.karadurbanbank.com

96th Annual General Meeting

(Only for Members)

NOTICE

AGENDA

Members are hereby requested to attend the meeting.

By Order of the Board of DirectorsCA. D.M.Gurav

CHIEF EXECUTIVE OFFICER

Place :DATE :

KARAD17/07/2013

NOTE :-1. Annual Report, Balance-Sheet & P/L Account will be made available on pre

intimation of the members at registered Head Office & all branches of theBank.

2. Annual Report, Balance-Sheet & P/L Account is published on Bank's website"www.karadurbanbank.com."

3. If there is no quorum the meeting will stand adjourned and the adjournedmeeting will be conducted after one hour as per provisions in Bye-Law No.24to transact the above business at the same venue.

4. Additional information, clarification, pertaining to above business is require,members are requested to write to the Head Office on or before 27.07.2013.

5. Attendence Certificate as per amended Co-Op. Law will be given to membersattending the said meeting. Please note that, Attendence Certificate is thepart of this Notice. Entry in the meeting hall is allowed only with this Notice &Photo ID.

The 96th Annual General Meeting of the The Karad Urban Co-op. Bank

Ltd., Karad will be held on Sunday,

to

transact the following business.

4 Aug. 2013 at 11.30 a.m. at Head

Office of the Bank, 516/2, Shahu Chowk, Shaniwar Peth, Karad

th

1) {X. 07.04.2013 amoOr Pmboë`m {deof gd©gmYmaU g^oMm d¥Îmm§V dmMyZ H$m`_H$aUo.

2) gZ 2012-2013 dfm©À`m ~±Ho$À`m H$m_H$mOm~Ôb Ahdmb, Z\$m-VmoQ>m nÌH$dVmio~§X nÌH$_§Oya H$aUo.

3) gZ 2012-2013 À`m d¡Ym{ZH$boImnarjU AhdmbmMr Zm|X KoUo.4) gZ 2012-2013 À`m Z\$m dmQ>Urg _§Owar XoUo.5) gZ 2013-2014 gmbmH$[aVm d¡Ym{ZH$boImnarjH$m§Mr {Z`wº$s H$aUo d Ë`m§Mm

_ohZVmZm R>a{dUo.6) A) ~±Ho$Mr _hmamï´>ghH$ma H$m`ÚmÝd`o AgUmar Zm|XUr _ëQ>rñQ>oQ>H$mo- Am°naoQ>rìh

gmogm`Q>rO A°ŠQ>2002 AÝd`o ê$nm§VarV H$ê$Z H$m`©joÌ _hmamï´>, H$Zm©Q>H$Am{U JwOamV amÁ` H$aÊ`mg VgoM VX²AZwf§{JH${df`m§g _§Owar XoUo.

~) g§MmcH$ _§S>imZo _ëQ>rñQ>oQ> H$mo-Am°naoQ>rìh gmogm`Q>rO A°ŠQ>2002 AÝd`ogwM{dcoë`m Cn{dYtMm {dMma H$aUo d Ë`mg _§Owar XoUo.

7) _w»` H$m`m©c` B_maV àñVm{dV {dñVmarH$aU àH$ën IM© ê$. 10 H$moQ>r `mg _§OwarXoUo.

8) godH$à{ejU d g§emoYZ H|$Ð {dX`mZJaMr B_maV IaoXr H$aÊ`mg _§Owar XoUo.9) H$O© aŠH$_m ^aÊ`mgmR>r {Xboë`m gwQ>rg _§Owar XoUo.10) ñQ>mq\$J n°Q>Z©bm _§Owar XoUo.11) g§MmbH$d Ë`m§Mo ZmVodmB©H$`m§Zm {Xboë`m H$Om©Mr Zm|X KoUo.12) ^m§S>dbr IMm©g _§Owar XoUo.13) _mZZr` AÜ`jm§À`m nadmZJrZo EoZdoir `oUmè`m {df`m§da MMm© H$aUo.

1. To read and confirm the minutes of the Special General Meeting held on 07.04.2013.

2. To approve the Annual Report for the year 2012-2013 alongwith Balance - Sheetand Profit & Loss Account.

3. To take note of Statutory Auditor's Report 2012-2013.

4. To accord sanction to the appropriation of profit for the year ended 31-03-2013.

5. Toappoint Statutory Auditors for the year 2013 -2014 and fix their remuneration.

6.(A)

(B)

7. To Sanction the project of Rs.10 Crs. of the proposed expanssion of Head OfficeBuilding.

8. To Sanction the purchase of existing premises of Staff Training & Research Centreat Vidyanagar.

9. To confirm the waiver of interest and recovery charges in respect of OTS andcompromise borrowers cases, as certified by the statutory auditors.

10. To sanction the Staffing Pattern of the bank.

11. To take note of loans and advances sanctioned to Directors and thier relatives.

12. To confirm the Capital Expences.

13. To consider any other subject with the permission of the Chairman.

To consider and approve the proposal of conversion of bank (whichis registered under MCS Act 1960) under Multi State Co-op. Societies Act2002 and to extend the area of operation of the bank in the whole states ofMaharashtra, Karnataka & Gujarat and to approve all the matters related toit.

To consider and approve Bye-Laws as per Multi state Co-operative Societies Act2002, as recommended by the Board of Directors.

01

thANNUAL REPORT2012 - 201396

dm{f©H$ Ahdmb (2012-2013)

gÝ_mZZr` g^mgX ~§Yy ^{JZtZmo,31 _mM© 2013 AIoa g§ncoë`m Am{W©H$ dfm©Mm Ahdmc, Vmio~§X, Z\$m-VmoQ>m nÌH$ Am{U coImnarjH$m§Mm Ahdmc

g§MmcH$_§S>imÀ`m dVrZo gmXa H$arV Amho.

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`§XmMo Am{W©H$df© g§{_l ñdê$nmMo hmoVo. _hmJmB© {ZX}em§H$m§V hmoUmar dmT>{Z`§{ÌV H$aÊ`mMo _moR>o AmìhmZ [aPìh© ~±Ho$nwT>ohmoVo. Ahdmc dfm©V 4.75 % dê$Z 4 % n`ªV gr.Ama.Ama.XamV H$nmV Pmcr. ~±qH$J B§S>pñQ´>Mm ì`dgm` dmT>rMm gamgar Xa18% hmoVm. Amnë`mhr

Ahdmc dfm©V ~±Ho$À`m R>odr ê$.259.64 H$moQ>tZr dmTy>Z Ë`m ê$.1666.98 H$moQ>r Pmë`m. R>odt_Ü`o 18.45% Zr dmT>PmcrAmho. Ahdmc gmcmV A~©Z eVmãXr R>od `moOZm gwê$H$aÊ`mV Amcr. gXa `moOZoA§VJ©V ê$.12.39 H$moQ>r R>odr g§H${cV Pmë`m,2017 AIoa Ë`m A§VJ©V ê$.100 H$moQ>r g§H$cZmMm g§H$ën Amho. Ahdmc dfm©V R>od C^maUr IMm©Mm gamgar Xa 8.34% BVH$mam{hcm Amho.

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[aPìh© ~±Ho$Zo EH$m ImVoXmamgmR>r EH$M g§Ho$Vm§H$Agcm nm{hOo Ago {ZX}e {Xë`mZo J«mhH$åhUyZ ñdrH¥$V H$aÊ`mgmR>r _w»`H$m`m©c` nmVirda "H|$Ðr` J«mhH$ g§Ho$Vm§H$ H$j' gwê$ H$aÊ`mV Amcm. Ë`m_wio J«mhH$ åhUyZ ñdrH¥$VPmë`mda gd© àH$maÀ`m ì`dhmam§gmR>r àË`oH$doir ñdV§ÌnUo H$mJXnÌm§Mr nyV©Vm J«mhH$m§Zm H$amdr cmJUma Zgë`mZo ì`dhmagwc^Vm amIÊ`mg _XV hmoUma Amho. VgoM ~±H$d J«mhH$`m§À`m AZmdí`H$IMm©VXoIrc ~MV hmoUma Amho.

J«mhH$m§Zm ì`dhmam§Mr _m{hVr VmËH$mi {_iÊ`mÀ`m Am{U ì`dhma gwajoÀ`m Ñï>rZo Aën XamV Eg.E_.Eg. gw{dYm CncãYH$ê$Z {Xcr Amho.

Ahdmc dfm©V H$O©ì`dhmamV ê$.147.40 H$moQ>tZr dmT>Pmcr d EHy$U H$O©nwadR>m ê$.1073.42 H$moQ>r BVH$m Pmcm. H$O©dmT>rMo à_mU 15.92% BVHo$ AgyZ gr.S>r. aoemo 64.39% BVH$m am{hcm. gXa Am{W©H$ dfm©_Ü`o g_yh H$Om©gmR>r _hÎm__`m©Xm ê$.32 H$moQ>r Va d¡`{º$H$H$Om©Mr _hÎm_ _`m©Xm ê$.12 H$moQ>r hmoVr. AJ«H«$_ joÌmg {Xcoë`m H$Om©Mo EHy$U H$Om©er à_mU47.86% AgyZ Xþ~©c KQ>H$m§gmR>r EHy$U H$Om©À`m 12.30% nVnwadR>m Ho$cm Amho.

Ahdmc dfm©V H$O©nwadR>çmVyZ ê$.136.47 H$moQ>r ì`mO CËnÞ {_imco. JVdfm©er VwcZm H$aVm ê$.24.83 H$moQ>tZrË`m_Ü`o dmT>Pmcocr Amho.

ê$.10 cmImdarc {Z`{_V H$O©ì`dhma AgUmè`m J«mhH$m§Zm H«o${S>Q>aoQ>tJÛmao ì`mOXam_Ü`o 1.00 Vo 2.00 Q>̧ o$ gdcV{Xcr OmVo. Ahdmc gmcmV EHy$U 198 ImË`m§Zm `mMm cm^ {_iV Amho. Xadfu H«o$S>rQ>aoQ>tJMm \$m`Xm KoUmè`m J«mhH$m§À`mg§»`oV dmT>hmoV Amho.

~±Ho$Zo ì`dgm` dmT>rMo hoM à_mU amIÊ`mV `e {_i{dco Amho.

(Customer ID Cell)

Am{W©H$ àJVrR>odr :

H$O} :

02

thANNUAL REPORT2012 - 201396

^m§S>dc n`m©áVm à_mU :

WH$~mH$s d EZ.nr.E.

Z\$m {d^mJUr :

ì`dgm` dmT>r~amo~aM [añH$ doQ>oS>A°goQ>_Ü`o dmT Pmcr H$s ^m§S>dc n`m©áVm à_mUmda _`m©Xm `oVmV. JVdfu^m§S>dc n`m©áVm à_mU 11.39% EdT>o hmoVo. ì`dgm` dmT>r~amo~aM ~±Ho$Mr Z\$mj_Vm gwYmaë`mZo ho à_mU 11.60% BVHo$amIco Amho.

Ahdmc gmcmV ~±Ho$Zo dgwcrgmR>r ì`mnH$à`ËZ Ho$co. XþîH$mià^m{dV ^mJmVrc emIm§_Ü`o Ë`mda H$mhr _`m©Xm Amë`mAgë`m Var EH§$XarV dgwcrÀ`m AmKmS>rda g_mYmZH$maH$ H$m_{Jar Ho$cr AgyZ OwÝ`m EZ.nr.E. ImË`mVyZ CÎm_ dgwcrPmcocr Amho. ±Ho$Mr EHy$U EZ.nr.E. dgwcr ê$. 5.95 H$moQ>r§n`ªV Pmcr Amho. _mM© 2012 AIoa T>mo~i EZ.nr.E. Mo à_mU3.62% EdT>o hmoVo, Vo _mM© 2013 AIoa 4.34% n`§©V Va {Zìdi>EZ.nr.E. À`m à_mUmV JVdfuÀ`m VwcZoV dmT>hmodyZ Vo2.43% Amho. VgoM Ahdmc df©AIoarg WH$~mH$sMo à_mU 3.44% BVHo$am{hco Amho.

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(CRAR)

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_hÎdmMo Am{W©H$ {ZîH$f© :

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39.63

99.43

11.39

1.79

151.12

127.88

23.24

6.07

5.62

11.55

53176

47.30

120.20

11.60

2.43

193.52

167.54

25.98

5.36

7.38

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03

thANNUAL REPORT2012 - 201396

1) J§JmOir (25%)

2) cm^m§e (10%)

3) B_maV {ZYr

EHy$U

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42860078.15

56407111.46

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39.24

44.83

150.73

234.80

36.58

58.11

21.40

116.09

42.49

48.35

119.17

210.01

33.33

54.59

52.96

140.88

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OmVm (H$amoÎma) {Zìdi Z\$m ê$.13.24 H$moQ>r Pmcm Amho. JVdfu Zâ`mMo à_mU gamgar IoiË`m ^m§S>dcmÀ`m 0.83% hmoVo,`mdfu ho à_mU 0.79% Amho.

Zâ`mMr {d^mJUr Imcrcà_mUo$H$aÊ`mg g§MmbH$_§S>imZo gd©gmYmaU g^og {e\$mag Ho$br Amho.

04

thANNUAL REPORT2012 - 201396

g§MmcH$_§S>imÀ`m g^og g§MmcH$m§Mr CnpñWVr 87.24 % BVH$s hmoVr.

Ahdmc dfm©V 4891 BVHo$ZdrZ g^mgX Pmco d 625 BVHo$g^mgX H$_r Pmco. åhUOoM dfm©AIoa EHy$U g^mgX g§»`m53176 BVH$s Pmcr Amho Am{U dgyc ^mJ ^m§S>dc ê$.47.30 H$moQ>r hmoD$Z dmmT>rMm doJ 19.35% Amho.

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JV gmcmV Q´>ñQ>r A±S>EŠPrŠ`wQ>a{en godog AmVm _yV© ñdê$n àmá Pmcoco Amho. Q´>ñQ>C^maUr d ì`dñWmnZ, BÀN>mnÌV`ma H$aUo d Ë`mMr A§_c~OmdUr H$aUo, BÀN>mnÌ go\$H$ñQ>S>r_Ü`o R>odUo, ñWmda {_iH$VrMo ì`dñWmnZ d {dH«$s B. godm{Xë`m OmV AmhoV. AmOAIoa 15 Q´>ñQ>ì`dñWmnZmgmR>r Am{U 22 BÀN>mnÌo go\$H$ñQ>S>r d A§_c~OmdUrgmR>r XmIc PmcrAmhoV. gmVmam, gm§Jcr, H$moëhmnya `m {Oëøm§VyZ Aer n[anyU© godm XoUmar Amncr ghH$mar ~±H$ Amho.

à{ejU H|$ÐmV\}$df©^a {d{dY {df`m§darc dJm©Mo Am`moOZ Ho$co OmVo. `mMm cm^ {OëømVrc VgoM {Oëøm~mhoarc ~±H$md nVg§ñWm KoV AmhoV. gXaMo à{ejU H|$Ð ghH$ma ImVo _mÝ`Vmàmá Amho. à{ejU H|$ÐmÀ`m à{ejH$ àmÜ`mnH$m§~amo~aM

AJ«oga

05

thANNUAL REPORT2012 - 201396

~±H$s¨J joÌmVrc VÁk, AZw^dr ì`ŠVr `m§Zm ì`m»`mVo åhUyZ {Z_§{ÌV Ho$co OmVo. à{ejU H|$ÐmVrc kmZH$j dmVmZwHw${cVAmhoV. npíM_ _hmamï´>mVrc ghH$mar ~±H$m§gmR>r V\}$ EH$ {XdgmMo à{ejU godH$ à{ejU H|$ÐmV\}$Am`mo{OVHo$co hmooVo. Ë`mcm 92 ghH$mar ~±H$m§_Yrc gw_mao 182 g§MmcH$d A{YH$mar CnpñWV hmoVo.

Mmcy Am{W©H$dfm©V doJdoJù`m {df`m§darc 66 à{ejU H$m`©H«$_m§Mo Am`moOZ H$aÊ`mV Amco. Ë`m_Ü`o ~±Ho$Vrc 835 �godH$ Am{U BVa ~±Ho$Vrc 1560 godH$ gh^mJr Pmco. g§MmcH$, d[aîR>A{YH$mè`m§gmR>r {deof à{ejU dJmªMo Am`moOZH$aÊ`mV Amco hmoVo. AÝ` ~±H$m§_Ü`o OmD$Z Ë`m§À`m JaOoZwê$n à{ejU dJmªMo Am`moOZ Ho$co OmVo. ~±qH$J joÌmV H$[aAaKS>{dUmè`m {dÚmÏ`mªgmR>r gwê$ H$aÊ`mV Amco AgyZ Ë`mg CÎm_à{VgmX {_iyZ 60 {dÚmÏ`mªZr H$mog©gmR>r àdoe KoVcm. à{Vdfm©à_mUo Eg.Or.E_. H$m°coOÀ`m {dÚmÏ`mªZm ~±qH$J{df`r_mJ©Xe©Z H$aÊ`mV Amco. dm{f©H$à{ejU `moOZoMm cm^ `m dfu {X dmaUm ghH$mar ~±H$ {c.,. dmaUmZJa `m§Zr KoVcm. VgoMnmíd©ZmW ghH$mar ~±H$, AH$mocm A~©Z H$mo. Am°n. ~±H${c., AH$mocm, ncyg ghH$mar ~±H${c., ncyg, gm§Jmocm A~©Z H$mo. Am°n.~±H${c., gm§Jmocm, aVZM§X ehm ghH$mar ~±H${c., _§JidoT>m, `ed§V ghH$mar ~±H${c., Hw${S>Ìo, H$moëhmnya _{hcm ghH$mar ~±H${c., H$moëhmnya, H$amS>_MªQ>d _{hcm _MªQ>, H¡$. ñdm. g¡. em_amd nmQ>rc ZmJar ghH$mar nVg§ñWm C§S>mio, _MªQ>qg{S>Ho$Q>J«m_rU {~JaeoVr gh. H«o${S>Q>g§ñWm Vi_mdco, kmZXrn H$mo. Am°n. H«o${S>Q>gmogm`Q>r BË`mXr ~±H$m d nVg§ñWm_Yrc godH$m§gmR>rà{ejU H$m`©H«$_m§Mo Am`moOZ H$aÊ`mV Amco.

[aPìh© ~±Ho$Mo H$m°coO Am°\$ A°J«rH$ëMac ~±qH$J nwUo, d¡Hw§$R>̂ mB© _ohVm à{ejU g§ñWm nwUo, YZ§O`amd JmS>Jri à~§Yg§ñWmZ ZmJnya `m§Mo {d{dY {df`m§darc à{ejU gÌm§gmR>r godH$d g§MmcH$gXñ` `m§Zm nmR>{dÊ`mV Amcoco Amho.

48 emIm§n¡H$s ê$.100 H$moQ>rÀ`m da ì`dgm` AgUmè`m 6 emIm§Mo nm{jH$ Am{U ê$.100 H$moQ>tnojm H$_r ì`dgm`AgUmè`m 40 emIm§Mo _m{gH$ Am°S>rQ>ì`mdgm{`H$ MmQ>©S>© AH$m¢Q>§Q>\$_©g² `m§Mo_m\©$V Ho$co OmVo. Cd©[aV 2 emIm§Mo H§$H$a§Q>Am°S>rQ>~±Ho$À`m "Am°S>rQ>A±S>BÝñnoŠeZ' {d^mJm_m\©$V Ho$coco Amho. _w»` H$m`m©c`mMo coImnarjU grE.CX` Hw$cH$Uu,\$cQ>U Am{U J§wVdUyH$coImnarjU _o.OmYd VmZmOramd Am{U H§$.,H$amS>̀ m§À`m_m\©$V Ho$coco Amho.

gZ 2012-2013 Mo d¡Ym{ZH$coImnarjU {c_`o A°ÝS>H§$nZr, gm§Jcr d Oo.~r. MìhmU A°ÝS>Agmo. gmVmam `m§Zr nyU©H$ê$Z ~±Ho$g "A' dJ© {Xcm Amho.

{X. 31 _mM© 2011 AIoarc 25 do [aPìh© ~±H$BÝñnoŠeZ {X.30 {S>g|. 2011 Vo 18 OmZo. 2012 `m H$mcmdYrV nyU© PmcoAmho. Ë`mMm Ahdmc {X.14.03.2012 amoOr àmá Pmcm AgyZ Xmof Xwê$ñVr Ahdmc {X.18.04.2012 amoOr `mo½` nyV©Vm H$ê$Zdoioda nmR>{dcm Amho.

emIoÀ`m ì`dgm`mZwgma VrZ JQ>H$ê$Z gZ 2012-13 `m H$mbmdYrVrb H$m_{Jarda AmYm[aV Imbrbà_mUo nwañH$maJoë`m dm{f©H$gd©gmYmaU g^oV àXmZ H$aÊ`mV Ambo.

VgoM gZ 2012-13 gmbmH$[aVm g_mO^yfU nw. nm§. VWm ~m~wamdOr JmoIbo JwUd§V godH$ nwañH$ma _oKZm ehm dlr. àVmn OmYd

FIU (India)

Certificate Course in Banking, Advance Course in Banking

({b{nH$)({enmB©) `m§Zm àXmZ H$aÊ`mV Ambm.

g_dVu A§VJ©V coImnarjU

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{ÛVr` - _cH$mnya

{ÛVr` - {eamim

06

thANNUAL REPORT2012 - 201396

Am°JñQ>2012 _Ü`o A~©Z gm_m{OH$H¥$VkVm Ý`mg d nwUo ZoÌ godm à{Vð>mZ `m§À`m g§`wŠV {dÚ_mZo {VaionUm VnmgUrd eó{H«$̀ m {e~ramMo Am`moOZ H$aÊ`mV Amco. EHy$U 350 é½UmMr VnmgUr Pmcr. Ë`mn¡H$s 47 é½Um§da `eñdr eó{H«$̀ mH$ê$Z {VaionUmMm Xmof H$m`_ñdê$nr Xÿa H$ê$Z Ë`m§Zm Zdm AmË_{dœmg XoÊ`mV Amcm.

g_mOm_Ü`o dmMZ g§ñH¥$Vr dmT>rg cmJmdr `mÑï>rZo dmMH$m§Zm XO}Xma nwñVHo${dZm_yë` CncãY hmoÊ`mÀ`m Ñï>rZo H$amS>,H$moëhmnya `m {d^mJm_Ü`o 19 H|$Ðm§_m\©$V "J«§W Vw_À`m Xmar..' hr `moOZm H$m`m©pÝdV Ho$cr Amho. `mgmR>r ~±Ho$Zo d AmOr-_mOrgodH$m§Zr J«§W noQ>çm àm`mo{OV Ho$ë`m AmhoV. ~±Ho$À`m `m A{^Zd CnH«$_mg CÎm_ à{VgmX {_iV AgyZ Ë`mÛmao ZdrZ J«mhH$dJ©d¥Õrg _XV hmoV Amho.

{X.25 {S>g|~a Vo 3 OmZodmar 2013 `m H$mcmdYrV "H$amS>A~©Z ~±H$ H$a§S>H$' amÁ`ñVar` Iwë`m EH$m§{H$H$m ñnYmªMoAm`moOZ H$aÊ`mV Amco. ñnY}Mo ho 3 ao df© hmoVo. JVdfuà_mUoM g§nyU© amÁ`^amVyZ `m ñnY}g A{Ve` Mm§Jcm à{VgmX{_imcm. à{Vdfu `m ñnY}Mo Am`moOZ H$ê$Z H$èhmS>À`m gm§ñH¥${VH$joÌmV A~©Z Hw$Qw>§~mZo Amncm d¡{eîQ>çnyU© gh^mJ H$m`_R>odcm Amho.

AW©H$maUm~amo~aM gm_m{OH$~m§{YcH$s OnVmZm ~±Ho$Zo An§J godog _hÎd {Xco Amho. Ahdmc gmcmV {X.7 OmZodmar2013 amoOr Zmam`U godm g§ñWmZ CX`nya `m§À`m g§`wŠV {dÚ_mZo ApñW An§J VnmgUr d CnMma Am{U H¥$Ìr_ gmYZ dmQ>n{e{~amMo Am`moOZ H$aÊ`mV Amco.

OmZodmar 2013 _Ü`o J«mhH$g{_Vr gXñ` _oimdm Am`mo{OV H$aÊ`mV Amcm. Ë`m_Ü`o 97 dr KQ>Zm XþéñVr d ghH$majoÌmMr dmQ>Mmc `m {df`mda Á`oð>{d{Yk d ghH$ma VÁk {dÚmYa AZmñH$a `m§Zr _mJ©Xe©Z Ho$co.

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H$èhmS> d n[agamVrc J«m_rU ^mJmVrc hmoVH$ê$ d {OÔr Am{U ì`dgm`m_Ü`o CVaÊ`mMr AmH$m§jm ~miJUmè`mVê$Um§gmR>r "CÚmoOH$Vm {dH$mg {e{~amMo' Am`moOZ gmVmam `oWrc AÊUmgmho~ {Ma_wco Q´>ñQ>À`m g§`wŠV {dÚ_mZo H$aÊ`mVAmco. eyÝ`mVyZ {díd gmH$maUmao S>r.Eg.Ho$. C\©$ XrnH$ gImam_ Hw$cH$Uu `m§Zr Ë`m§Mr `eñdr dmQ>Mmc CnpñWVm§nwT>o gmXaHo$cr. Ë`mMm cm^ H$amS>d n[agam§Vrc {ejUg§ñWm§Vrc {dÚmÏ`mªZr KoVcm.

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H$amS>A~©Z ~±H$ godH$ nVg§ñWoZo Ahdmc gmcmV ê$. 1.61 H$moQ>r ì`dgm`mMm Q>ßnm Amocm§S>V ê$.3.65 cmI BVH$mZ\$m {_idcm Amho.

A~©Z ñnmoQ>©g² Šc~À`m _mÜ`_mVyZ _¡XmZr ñnYm©, Am§Vaemco` {H«$Ho$Q> ñnYm©, OmJ{VH$ gy`©Z_ñH$ma {XZ, amï´>r`

gm_m{OH$ H$m`©

07

thANNUAL REPORT2012 - 201396

IoimSy>§Mm gËH$ma, aŠVXmZ {e{~a Aem AZoH$CnH«$_m§Mo Am`moOZ H$aÊ`mV Amco.

gZ 2013-14 `m Am{W©H$dfmªV ~±Ho$Zo Imcrc C{ÔîQ>ço {ZpíMV Ho$cr AmhoV.

1)

2) "pìhOZ 2017' `m ~hþcjr` YmoaUmMr A§_c~OmdUr, AmT>mdm Am{U gwYmaUm.

3) ê$.3150 H$moQ>tÀ`m ì`dgm`mMo C{ÔîQ>

4) À`m _mÜ`_mVyZ ~±qH$J godoMm {dñVma.

~±Ho$À`m `m `eñdr dmQ>MmcrMo gd©ñdr lo` Amnë`m J«mhH$m§Zm Am{U Vwåhm§ gd© g^mgXm§Zm VgoM gd© godH$ dJ© `m§À`mH¥${Verc d H$ï>nyU© `moJXmZmcm Amho. Vw_Mm {dœmg, ào_, AmnwcH$s `m_wioM hr àJVrMr KmoS>Xm¡S>CÎm_ arVrZo Mmcy Amho.

~±Ho$À`m àJVr_Yrc gmVË` {Q>H$dyZ àJVrMm doJ H$m`_ R>odVm Amcm Am{U g§MmcH$_§S>imda g^mgXm§Zr R>odcocm {dœmgg§»`mË_H$Am{U JwUmË_H$ àJVrZo {gÕ H$ê$eH$cmo. `m gdmªMm n[aUm_ åhUyZ ~±Ho$cm cdH$aM _ëQ>rñQ>oQ>H$mo-Am°nao{Q>ìh~±Ho$Mm XOm© àmá hmoB©c Aer Anojm Amho. ~±Ho$À`m Ñï>rZo hm _hÎdmMm Q>{ZªJ nm°B§Q>amhrc.

g§MmcH$_§S>imÀ`m dVrZo,

A~©Z Hw$Q>§w~mVrc A~©Z ~Pma, H$amS>A~©Z gm_m{OH$H¥$VkVm Ý`mg, _{hcm J¥hmoÚmoJ, godH$g§K, godH$nVg§ñWm, _yH$~{Ya {dÚmc` `m g§ñWm§À`m AmXe© g_mOH$maUmVyZ Amnë`m Hw$Qw>§~mcm à{Vð>m àmá Pmcr Amho.

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Banking Correspondant & Banking Facilitators (BC-BF)

^{dî`H$mcrZ `moOZm

AÜ`j

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08

thANNUAL REPORT2012 - 201396

VwcZmË_H$ àJVr VŠVmCOMPARATIVE PROGRESS CHART

( Aer IyU Agcoë`m AmoitVrc AmH$S>o gmoSy>Z BVa AmoitVrc AmH$S>o ê$n`o cmImV )* ( Rs. in lakh except row marked as *)

Vnerc 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013

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Members 36653 39867 43739 48909 53176

48+1+1 48+1+1 48+1+1 48+1+1 48+1+1

Staff 600 604 588

Audit Class

Dividend 8

Share Capital 2358.69 2801.07 3286.80 3962.89 4729.69

3988.49 4547.13 5127.47 5980.37 7290.56

Reserve & Other Funds

Own Funds 6347.18 7348.20 8414.27 9943.25 12020.75

Deposits 89677.16 106601.62 116326.92 140734.13 166697.86

Growth Rate of Deposits 24.66% 18.87 % 9.12 % 20.98 % 18.45%

Loans & Advances 55691.02 66083.82 76505.04 92602.30 107342.27

22.37% 18.66 % 15.70 % 21.04 % 15.92%

Priority Sector Advances 32390.67 40776.69 46718.02 50721.83 51375.38

% 58.16% 61.53 % 61.92 % 54.75% 47.86%

Investment 29060.11 28880.30 30165.47 37117.67 49001.93

Working Capital 99251.91 118084.62 131420.59 156129.32 188289.03

Net Profit 430.85 793.68 1029.72 1716.74 2061.56

Overdues 2329.02 2671.52 2302.80 3132.50 3693.30

4.18% 4.04 % 3.01 % 3.38 % 3.44%

Doubtful & Loss Advances 144.54 340.91 73.08 172.10 165.72

Bad & Doubtful Debts Reserve 1742.12 1934.20 2108.61 2311.67 2615.67

Branches+HO+Ext.Counter

A

10%({e\$mag)

Growth Rate of Loans & Advances

of Priority Sector Advances

% of Overdues to Loans & Advances

H$anyd© Z\$m H$anyd© Z\$m H$anyd© Z\$m H$anyd© Z\$m H$anyd© Z\$m

09

thANNUAL REPORT2012 - 201396

{X. 31 _mM© 2013 AIoaMm Vmio~§X

V. K. Joshi

Dy. Chief Executive Officer

(Accounts Dept.)

CA. Dilip M. Gurav

Chief Executive Officer

CA. Uday V. Kulkarni

Chartered Accountants & Internal Auditors

For M/s Limaye & Company

CA. Vijay Thakkar (Partner)

Chartered Accountants

Statutory AuditorsPlace :

Date :

Karad

12-07-2013.

Sr. Schedule As on 31-3-2013 As on 31-3-2012

No. Rs. Ps. Rs. Ps.

Capital & Liabilities ^m§S>db d XoUr

1 Share Capital 1 396288610-00

2 Reserve Fund & Other Reserves 2 598036708-38

3 Principal / Subsidiary State Partnership A/c. - -- --

5

7 Other Liabilities and provisions 6 63859017-10

8 Income Tax Provision - 141974952-00

9 Branch Adjustments - -- 3366526-95

10 Overdue Interest Reserve on Non Performing Assets - 233756396-29

(As per Contra)

11 Bills for Collection - 15020528-23

12 Profit & Loss Account - 132356252-81 115474407-35

13 Collection A/C Shri Parshwanath Co-op. Bank Ltd. - 12819925-00 12819925-00

Bank Guarantees / - 346902560-48 313266030-48

Inland Letter of Credit / - 83203962-00 18483120-00

^mJ^m§S>db

amIrd {ZYr d BVa {ZYr

emgZmMo à_wI / ghmæ`H$mar {ZYr ImVo

BVa XoUr d VaVwXrAm`H$a VaVwXr

emIm O_mIM©

CËnÞ j_Vm Zgboë`m H$O© ImË`mdarb (EZnrE)WH$ì`mO VaVyX (Xw~oaOr)

dgwbrgmR>r ñdrH$mabobr {~bo (Xw~oaOr)

Z\$m VmoQ>m ImVo

H$coŠeZ ImVo (lr nmíd©ZmW H$mo-Am°n. ~±H$ {c.)

~±H$ J°a§Q>rO²

472968720-00

729055925-03

4 Deposits & Other Accounts 3 16669786390-80 14073413376-28

126164427-21

73800000-00

278649565-94

10863540-12

R>odr d AÝ` ImVr

Outside Borrowings 4 250000000-00 --

6 Interest Payable (Deposits & Borrowings) 5 361950970-26 207698217-60

~mhoarc H$O}

ì`mO XoUo (R>odr d H$Om©darb)

(Being Bills Receivable as per Contra)

Total 19118415717-17 15861708665-18

Contingent Liabilities /

Total 430106522-48 331749150-48

EHy$U

EHy$U

g§^mì` XoUr

Xoem§VJ©V boQ>a Am°\$ H«o${S>Q>

10

thANNUAL REPORT2012 - 201396

Balance Sheet as on 31st March 2013

Dr. Rajiv T. AhireVice-Chairman

Dr. Subhash S. ErramChairman

Sr. Schedule As on 31-3-2013 As on 31-3-2012

No. Rs. Ps. Rs. Ps.

Property & Assets qOXJr d _mc_Îmm

1 Cash and Balance with Banks 7 2659193137-63 2093343808-77

2 Investments 8 4900193435-40 3711767321-00

3 Investment out of the Principal / Subsidiary State - -- --

Partnership A/c.

4 Loans & Advances 9 10734226779-22 9260230306-62

5 Fixed Assets 10 218067657-15 222837193-62

6 Other Assets 11 243421600-71 179018609-65

7 Advance Income Tax - 73800000-00 145734500-00

8 Overdue Interest Receivable on Non Performing - 278649565-94 233756396-29

Assets (As per Contra)

9 Bills Receivable - 10863540-12 15020528-23

10 Cost of Acquisition 12 -- --

11 Non Banking Assets - 1-00 1-00

amoI {eëbH$ d ~±Ho$Vrb {e„H$

Jw§VdUyH$

emgZmMo à_wI/ghmæ`H$mar {ZYrMo Jw§VdUyH$ ImV

H$O}

H$m`_ _mb_Îmm

BVa _mb_Îmm

AmJmD$ Am`H$a

H$O© ImË`mdarb (EZnrE) WH$ì`mO `oUo (Xw~oaOr)

dgwbrgmR>r nmR>{dbobr {~bo (Xw~oaOr)

H$m°ñQ> Am°\$ A°¹$r{PeZ

Zm°Z ~±qH$J A°goQ>g²

o

CËnÞ j_Vm Zgboë`m

(Being Bills for Collection as per Contra)

Total 19118415717-17 15861708665-18EHy$U

S. R. Joshi V. P. Gokhale C. V. Doshi V. R. Jadhav

D. B. Jadhav Dr. A. S. Lahoti S. G. Mantri S. S. Joshi

A. P. Shinde Adv. V. B. Patil J. D. Khire S. R. Kulkarni

S. S. Shinde M. D. Mali B. B. Raywad Mrs. S. A. Palkar

Mrs. M. C. Dhawale S. V. Jadhav A. A. Bodhe A. S. Inamdar

R. A. Mohite V. Y. Patil (Staff Rep.) R. C. Pawar (Staff Rep.)

Directors

11

thANNUAL REPORT2012 - 201396

{X. 31 _mM© 2013 amoOr g§nboë`m Am{W©H$ dfm©Mo Z\$m-VmoQ>m nÌH$Profit & Loss Account for the year ended 31-3-2013

Dr. Rajiv T. AhireVice-Chairman

Dr. Subhash S. ErramChairman

CA. Uday V. Kulkarni

Chartered Accountants & Internal Auditors

For M/s Limaye & Company

CA. Vijay Thakkar (Partner)

Chartered Accountants

Statutory Auditors

V. K. Joshi

Dy. Chief Executive Officer

(Accounts Dept.)

CA. Dilip M. Gurav

Chief Executive Officer

Place :

Date :

Karad

12-07--2013.

Sr. Schedule As on 31-3-2013 As on 31-3-2012

No. Rs. Ps. Rs. Ps.

Particulars

Interest Received 13 1767181738-69 1408012816-59

Other income 14 168070226-99 99816309-00

Prior Period Income Tax Adjusted

Total Income

Interest on Deposits & Borrowings 15 1227604891-61 902575102-66

Staff Salaries & Allowances etc. - 254924649-20 209178420-90

Establishment Expenses 16 192914589-06 167050012-71

Total Expenditure

259807835-81 232397749-85

17 53651583-00 60723342-50

206156252-81 171674407-35

73800000-00 56200000-00

132356252-81 115474407-35

(Transferred to Balance Sheet)

1 INCOME

1935251965-68 1511201286-12

2 EXPENDITURE

1675444129-87 1278803536-27

3 GROSS PROFIT

4 PROVISIONS

5 PROFIT BEFORE TAX

6 INCOME TAX PROVISION

7 NET PROFIT

TOTAL 1511201286-12

CËnÞmÀ`m ~m~r

Zmdo d IMm©À`m ~m~r

T>mo~i Z\$m

VaVwXr

H$anyd© Z\$m

Am`H$a VaVwXr

{Zìdi Z\$m

{_imbobo ì`mO

BVa CËnÞ

JVdfuÀ`m Am`H$a aH$_oMo g_m`moOZ

EHy$U CËnÞ

R>odr d H$Om©darb ì`mO$

godH$ nJma d ^Îmo B.

ì`dñWmnZ IM©

EHy$U IM©

0-00 3372160-53

(Vmio~§Xmg dJ©)

1935251965-68

S. R. Joshi V. P. Gokhale C. V. Doshi V. R. Jadhav

D. B. Jadhav Dr. A.S. Lahoti S. G. Mantri S. S. Joshi

A. P. Shinde Adv. V. B. Patil J. D. Khire S. R. Kulkarni

S. S. Shinde M. D. Mali B. B. Raywad Mrs. S. A. Palkar

Mrs. M. C. Dhawale A. S. Inamdar

R. A. Mohite

S. V. Jadhav A. A. Bodhe

V. Y. Patil (Staff Rep.) R. C. Pawar (Staff Rep.)

Directors

12

thANNUAL REPORT2012 - 201396

SCHEDULES TO THE B/S & P & L ACCOUNT

SCHEDULE 3 - DEPOSITS & OTHER ACCOUNTS

SCHEDULE 2 - RESERVE FUND & OTHER RESERVES

SCHEDULE 7 - CASH AND BALANCE WITH BANKS

SCHEDULE 1 - SHARE CAPITAL

SCHEDULE 6 - OTHER LIABILITIES AND PROVISIONS

1. Reserve Bank of India 1399709228-34 1048460243-14

2. State Bank of India 20838016-08 71303846-72

& Associate Banks

3. Satara, Sangli, Kolhapur, 110990853-91 198153970-56

Solapur, Pune, Ratnagiri District

Central Co-op. Banks Ltd.

4. Maharashtra State Co-op. 1903587-67 3832151-82

Bank Ltd. Mumbai

5. IDBI Bank Ltd. 3168781-50 67255-87

6. ICICI Bank Ltd. 153739184-97 105624686-97

7. HDFC Bank Ltd. 1425108-68 6174236-92

8. Axis Bank Ltd. 9800837-42 35110683-12

1. Satara District 103050000-00 178000000-00

Central Co-op. Bank Ltd.

2. Maharashtra State Co-op. 3000000-00 3000000-00

Bank Ltd. Mumbai

3. Other Banks 768044391-81 334525382-58

A. Cash in hand and at ATM 83523147-25 109091351-07

B. Current Accounts with Banks

Total B 1701575598-57 1468727075-12

C. Fixed Deposits with Banks

Total C 874094391-81 515525382-58

Total (A + B + C) 2659193137-63 2093343808-77

(Of which Rs. 30 lakh pledged with

MSC Bank Ltd. as security for

Overdraft facility)

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

SCHEDULE 4 - OUTSIDE BORROWINGS

Small Industries Development 0-00 0-00

Bank of India (Refinance)

NABARD 250000000-00 0-00

MSC Bank Ltd. (Overdraft against

Fixed Deopsits) 0-00 0-00

A.

B.

C.

Total 0-00

(Refinance)

250000000-00

Particulars As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Dividend Payable 2049474-35 807721-60

Anamat Payable 4321082-69 10929526-13

Miscellaneous Payable 110920632-75 39284940-28

Sundry Creditors 8873237-42 12836829-09

A.

B.

C.

D.

Total 126164427-21 63859017-10

(General Reserve Fund)

Particulars As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

A. Fixed Deposits

Sub Total - A 13315211570-42 11016032245-46

B. Savings Deposits

Sub Total - B 2484784899-21 2225615499-30

C. Current Deposits

Sub Total - C 869789921-17 831765631-52

Total Deposits (A + B + C) 16669786390-80 14073413376-28

1. Individual 10466183416-42 9019751052-90

2. Co-Operative Societies 2849028154-00 1996281192-56

1. Individual 2478688992-56 2218008946-20

2. Co-Operative Societies 6095906-65 7606553-10

1. Individual 714397138-87 716531811-69

2. Co-Operative Societies 77546913-46 70536963-21

3. Cash Credit (Credit Balance) 77845868-84 44696856-62

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

SCHEDULE 5 - INTEREST PAYABLE (DEPOSITS & BORROWINGS)

A.

Total 361950970-26 207698217-60

Interest Payable on 360312614-26 207698217-60Deposits

Interest Payable on outside 1638356-00 00-00Borrowings

B.

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

A.

B.

C.

D.

E.

F.

G.

H.

Total 729055925-03 598036708-38

Statutory Reserve Fund 186094011-27 138253239-62

Building Fund 154479091-45 127363646-45

Bad & Doubtful Debts Fund 261567423-81 231167175-81

Investment Fluctuation Fund 48056500-00 30821500-00

Capital Reserve Fund 7223500-00 7223500-00

Contingent Provision Against

Standard Assets

Provision against Contingencies 3635398-50 3707646-50

Contingent Provision Against forDepreciation on Investments 23000000-00

45000000-00 36500000-00

23000000-00

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

A. Authorised Share Capital

B. Subscribed and Paid-up Capital

Total 396288610-00

(7,50,00,000 Equity Shares 750000000-00

of Rs. 10 each)

47296872 (Previous year 472968720-00 396288610-00

39628861) Shares of Rs.10 each

750000000-00

472968720-00

Particulars As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

13

thANNUAL REPORT2012 - 201396

SCHEDULE 9 - LOANS & ADVACNES

SCHEDULE 8 - INVESTMENTS SCHEDULE 9 - LOANS & ADVACNES

SCHEDULE 10 - FIXED ASSETS

SCHEDULE 11 - OTHER ASSETS

SCHEDULE 12 - COST OF ACQUISITION

A. COST OF ACQUISITION OF SPCB

C.Long Term Loans & Advances 6162702977-18 4608430895-46

a. Secured against Govt.

& Other Trustee Securities

b. Secured against Other

Tangible Assets 5892860363-36 4446850299-86

c. Individual Guarantees

(Clean Loans) 268225995-82 160532095-60

Total Loans & Advances (A+B+C) 10734226779-22 9260230306-62

1616618-00 1048500-00

Of which overdues -- --

Including Bad & Doubtful -- --

Of which overdues 156662141-57 110035380-73

Including Bad & Doubtful 1510325-00 1510325-00

Of which overdues 1641383-73 496926-37

Including Bad & Doubtful -- --

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

A.

B.

C.

D.

E.

Total 218067657-15 222837193-62

Land & Buildings 94357936-00 73621021-31

(Less Depreciation)

Dead Stock & Furniture 66398082-00 65878572-78

(Less Depreciation)

Machinery, Computers & 37746479-00 56724298-23

Softwares (Less Depreciation)

Vehicles (Less Depreciation) 3824188-00 5813502-00

Miscellaneous Assets 15740972-15 20799799-30

(Less Depreciation)

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

A.

B.

C.

Total 243421600-71 179018609-65

Advances Given 12639944-90 6089261-50

Interest Receivable on 121431293-36 92065028-20

Investments

Other Receivables 108329662-45 80864319-95

D. NPCI Receivables 1020700-00 00-00

(RUPAY Clearing Settelment Account)

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

Current year amortisation 00-00 7356842-50

A. Opening Balance -

Cost of Acquisition of SPCB 00-00 7356842-50

B. Less :

Closing Balance 00-00 0-00

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

11409252-89 14597616-00

of which overdues -

Including Bad & Doubtful -

of which overdues 45350758-90 47873046-78

Including Bad & Doubtful 6655831-84 7369679-98

of which overdues 874502-12 1247647-00

Including Bad & Doubtful 108061-00 118313-00

Of which overdues - -

Including Bad & Doubtful - -

1102536999-41

Of which overdues 162034134-30 150904869-81

Including Bad & Doubtful 7725103-43 7575707-23

52048434-40

Of which overdues 2766631-01 2692095-62

Including Bad & Doubtful 572245-00 636387-00

A. Short Term Loans & Advances 1487014790-57 3495025657-46

a. Secured against Govt. &

Other Trustee Securities

b. Secured against Other

Tangible Assets 1468636867-64 3464436024-56

c. Individual Guarantees

(Clean Loans) 6968670-04 15992016-90

B. Medium Term Loans & Advances 3084509011-47 1156773753-70

a. Secured against Govt. &

Other Trustee Securities 4525276-00 2188319-89

b. Secured against Other

Tangible Assets 3032038402-88

c. Individual Guarantees

(Clean Loans) 47945332-59

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

A. Central/State Government Securities 4816011585-40 3645961471-00

B. Unamortised Depreciation 2987000-00 4611000-00on Investments

C. Shares of Co-op. Societies

Total (C) 3726100-00

D. Other Investments

Total (D) 77468750-00 57468750-00

Total (A + B + C + D) 4900193435-40 3711767321-00

1. Satara D. C. C. Bank Ltd. Satara 1600000-00 1600000-00

2. Maha. State Co-op. Bank Ltd. Mumbai 1667000-00 1667000-00

3. Karad Urban M.S.Grahak Bhandar Ltd. 100-00 100-00

4. Apex Co-op. Bank of Maharashtra 449000-00 449000-00

& Goa Urban Banks Ltd. Mumbai

5. Maha. State Urban Co-op. Bank Ltd. 10000-00 10000-00

1. Industrial Finance Corp. Ltd. Shares 40000-00 40000-00

2. VHTRL DDB 2016 9228750-00 9228750-00

3. Bank of India Bonds 8000000-00 8000000-00

4. 60100000-00

5. Margin with CCIL for CBLO Segment 100000-00 100000-00

Face Value Rs. 4802940000

(P. Y. Rs. 3705260000)

Market Value Rs. 4813173838.40

(P. Y. Rs. 3626240511)

(Of which Rs.190664163 earmarked as

Reseve Fund Investment.)

3726100-00

Margin with CCIL for Security Segment 40100000-00

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

14

thANNUAL REPORT2012 - 201396

SCHEDULE 13 - INTEREST RECEIVED

SCHEDULE 14 - OTHER INCOME

SCHEDULE 15 - INTEREST ON DEPOSITS & BORROWINGS

SCHEDULE 16 - ESTABLISHMENT EXPENSES

SCHEDULE 17 - PROVISIONS

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

As on 31-3-2013 As on 31-3 2012Rs. Ps. Rs. Ps.

Particulars

15

Rent,Light,Insurance,Taxes etc. 40391290-63 38679633-82

Printing, Stationery &

Advertisement 9527298-58 7513167-46

Depreciation & Reparis of

Property 56182120-60 46204588-31

2030143-00 2745003-90

Audit Fees 5619848-00 7239922-96

Legal Charges 384374-66 345846-30

Postage Telegram & Telephone 3740719-93 4604710-21

Deposit Insurance (DICGC)

Premium 14400862-00 12044908-00

Other Expenses 40372032-36 29571445-49

Loss on Sale of Assets 374599-00 2633966-48

Pigmy Commission 19891300-30 15466819-78

A.

B.

C.

D.

E.

F.

G.

H.

I.

J.

K.

Total 192914589-06 167050012-71

Directors, Local Advisory Committee

Fees, Allowances & Travelling Exp.

A

B

C.

D.

E.

F.

Total 53651583-00 60723342-50

. Towards Amortisation of Premium

on Investments 4916583-00 4891500-00

. Towards Bad & Doubtful Debts

Reserve 30000000-00 20000000-00

Towards Provision for Standard

Assets 8500000-00 7500000-00

Towards Depreciation in

Investments 0-00 18975000-00

Amortisation Cost of

Acquisition 7356842-50

Provision Against Contigencies 0-00 2000000-00

0-00

G. Investment Fluctuation Reserve 10235000-00 0-00

Commission, Exchange,

Brokerage etc. 18268403-39 20937832-94

Profit on Sale of Securities 98578474-00 40171567-08

Profit on Sale of Assets 42630-00 17112-00

i) Dividend on Shares 163250-00 114000-00

ii) Building Rent 0-00 13384-00

iii) Locker Rent 8977469-96 8059763-00

iv) Other Income 42039999-64 30502649-98

A.

B.

C.

D. Other Receipts

Total 168070226-99 99816309-00

Interest Received on

Total 1767181738-69 1408012816-59

a. Loans & Advances 1364698477-64 1116356289-37

b. Investments 402483261-05 291656527-22

Interest paid on Deposits 1225907068-48 901422535-46

Interest paid on Borrowings 1647502-00 1075094-00

Repo Interest Expenses 50321-13 77473-20

A.

B.

C.

Total 1227604891-61 902575102-66

thANNUAL REPORT2012 - 201396

Disclosures as per RBI Guidelines(Rs. in Lacs)

Sr. Particulars As on 31-3-2013 As on 31-3 2012

No. Rs. Ps. Rs. Ps.

11.60% 11.39%

A. Tier I Capital 9102.62 7494.35

B. Tier II Capital 1624.13 1259.89

C. Total Capital Funds ( A+B ) 10726.75 8754.24

D. Risk Weighted Assets 92473.19 76833.70

E. Tier I Capital to Risk Weighted Assets 9.84 % 9.75 %

F. Tier II Capital to Risk Weighted Assets 1.76 % 1.64 %

G. Total Capital Funds to Risk Weighted Assets 11.60 % 11.39 %

48160.12 36459.61

a. Bonds of PSUs. 172.29 172.29

b. Shares of Co-op. Institutions 37.26 37.26

c. Shares of Financial Institution 0.40 0.40

a. Margin with CCIL for Security Segment 601.00 401.00

b. Margin with CCIL for CBLO Segment 1.00 1.00

a. MSC,DCC Banks 1060.50 1810.00

b. Other Banks 7680.44 3345.25

A. Builders & Developers (Construction Business) 1773.27 1511.98

B. Housing 14591.88 11122.34

C. Others 4001.18 6439.14

N I L N I L

a. Fund Based 33.33 189.97

b. Non Fund Based N I L N I L

a. Fund Based 107.55 44.83

b. Non Fund Based N I L N I L

8.34% 7.16%

A. Gross NPAs. 4653.62 3353.57

% to Total Advances 4.34 % 3.62 %

B. Net NPAs. 2553.62 1628.57

% to Net Advances 2.43% 1.79%

1 Capital to Risk Assets Ratio

2 Movement in CRAR

3 Value of Investments

A. SLR Investments - Govt. Securities ( Book Value )

B. Non SLR Investments ( Book Value )

C. Other Investments

D. Fixed Deposit with Banks

Total Face Value 57582.29 42819.80

Total Book Value 57713.01 42226.81

Total Market Value 57684.63 42029.61

4 Advances against Real Estate, Construction Business, Housing.

Total 20366.33 19073.46

5 Advances against Shares & Debentures

6 Advances to Directors & their Relatives

A. Advances to Directors

B. Advances to Relatives of Directors

Total 140.88 234.80

7 Average Cost of Deposits

8 NPAs.

16

thANNUAL REPORT2012 - 201396

Disclosures as per RBI Guidelines(Rs. in Lacs)

Sr. Particulars As on 31-3-2013 As on 31-3 2012

No. Rs. Ps. Rs. Ps.

9 Movement in NPAs.

4653.62 3353.57

10 Profitability Ratios

11 Provisions made during the year

12 Movement in Provisions

A. Towards NPA

2615.67 2311.67

B. Towards Depreciation on Investments

230.00 230.00

C. Towards Standard Assets

450.00 365.00

13 Foreign Currency Assets & Liabilities

14 Deposit Insurance (DICGC) Premium Paid

Opening Balance 3353.57 3407.28

Add : Additions during the year 1894.76 621.60

Less : Recovery during the year 594.71 675.31

Closing Balance

A. Interest Income as % of Working Funds 10.54 % 10.12 %

B. Non Interest Income as % of Working Funds 1.00% 0.74 %

C. Operating Profit as % of Working Funds 1.55 % 1.67 %

D. Return on Assets 0.79 % 0.83 %

E. Business ( Deposits + Advances ) per Employee 394.87 396.16

F. Profit per Employee 1.91 1.96

A. Towards NPA 300.00 200.00

B. Towards Depreciation on Investments 49.17 149.67

C. Towards Investment Fluctuation Reserve 102.35 0.00

D. Towards Standard Advances 85.00 75.00

E. Towards Amortisation cost of Acquisition 0.00 73.57

F. Towards Investment Depreciation Reserve 0.00 89.00

Opening Balance 2311.67 2108.61

Add : Provision made during the year 300.00 200.00

Add : Recovery from Loan 4.00 3.06

Closing Balance

Opening Balance 230.00 141.00

Add : Additions during the year 0.00 89.00

Closing Balance

Opening Balance 365.00 290.00

Add : Additions during the year 85.00 75.00

Closing Balance

N I L N I L

April 2012 - Sept. 2012 / April 2011 - Sept. 2011 69.28 57.67

Oct. 2012 - Mar. 2013 / Oct. 2011 - Mar. 2012 74.73 62.78

April 2013 - Sept. 2013 / April 2012 - Sept. 2012 80.51 69.28

(The payments are made within stipulated time)

17

thANNUAL REPORT2012 - 201396

Disclosures as per RBI Guidelines

Sr. Particulars Amount Extent of ‘below Extent of Extent ofNo. investment ‘unrated’ ‘unlisted’

grade’Securities Securities Securities

15 i) Issuer composition of Non SLR

Investments -

TOTAL - 7853.13 0.00 92.69 92.69

1 PSUs — — — —

2 FIs 0.40 — 0.40 0.40

3 Public Sector Banks

a) Bonds 80.00 — — —

b) FDs 3524.98 — — —

4 Mutual Funds — — — —

5 Others

a) Bonds 92.29 — 92.29 92.29

b) FDs 4155.46 — — —

6 Provision held towards — — — —

Depreciation

ii) Non performing Non-SLR investments -

Opening Balance Nil

Additions during the year since 1st April Nil

Reductions during the above period Nil

Closing Balance Nil

Total Provisions held Nil

REPO CROM

1 Securities Sold

Minimum (Outstanding during the year) NIL NIL 850.25 299.00

Maximum (Outstanding during the year) NIL NIL 1488.17 995.50

Daily Average Outstanding during the year NIL NIL 1169.21 817.84

2 Securities Purchased

Minimum (Outstanding during the year) 80.63 49.36 194.24 99.05

Maximum (Outstanding during the year) 1044.96 1889.95 4999.68 3999.51

Daily Average (Outstanding during the year) 747.60 616.98 973.52 526.55

3 As on Balance NIL NIL NILNIL

Particulars 31-03-2013 31-03-2012 31-03-2013 31-03-2012

16 DISCLOSURES OF REPO / REVERSE REPO TRANSACTIONS(Rs. in Lacs)

17 RBI has imposed penalty on bank of Rs.5.00 Lakh on 16th July 2012 for the violation of instructions/ guidelines of RBI in

regards of branch shifting.

18

thANNUAL REPORT2012 - 201396

1. ACCOUNTING CONVENTIONS :

2. REVENUE RECOGNITION :

3. ADVANCES :

4. INVESTMENTS :

5. FIXED ASSETS and DEPRECIATION :

6. Lease Payment :

The accompanying financial statements have been prepared following the going concern concept, on historical cost basis unless otherwise stated andconform to the Generally Accepted Accounting Principles (GAAP) in India, which encompasses applicable statutory provisions, regulatory norms prescribedby the Reserve Bank of India, Accounting Standards (AS) and pronouncements issued by The Institute of Chartered Accountants of India and accountingpractices prevalent in the banking industry in India.

The preparation of financial statements requires the management to make estimates and assumptions considered in the reported amount of assets andliabilities (including contingent liabilities) as of date of the financial statements and the reported income and expenses for the reporting period. Managementbelieves that the estimates used in the preparation of the financial statements are prudent and reasonable.

(a) Income/Expenditure is generally accounted for on accrual basis, unless otherwise stated.(b) Interest on performing advances is recognized on accrual basis.(c) Income on Non-performing Assets (NPAs) is recognized on realization, in terms of the RBI guidelines.(d) Interest on fixed income securities is recognized on accrual basis.(e) Commission income on the bank guarantees is recognized as income on realization basis.(f) Locker Rent, Building Rent is generally recognized on actual basis.(g) Other items of income are recognized on realization basis.(h) Cost towards Staff incentives is recognized on cash basis.

(a) In terms of guidelines issued by the RBI, advances to borrowers are classified into “Performing” or “Non-Performing” assets based on recovery ofprincipal/ interest. NPAs are further classified as Sub-Standard, Doubtful and Loss Assets.

(b) Provision for Standard assets, Sub-Standard, Doubtful and Loss assets is made as per RBI guidelines.

(a) Investments are classified under `Held to Maturity' (HTM), 'Held for Trading' (HFT) and 'Available for Sale' (AFT) categories as per RBI guidelines.(b) Bank decides the category of each investment at the time of acquisition and classifies the same accordingly. Shifting of securities from one

category to other is done as per RBI guidelines with the approval of Board of Directors. The depreciation if any on such shifting is provided for andbook value is of the security is changed accordingly.

(c) The Bank has adopted the Accounting Procedure prescribed by the RBI for accounting of Repo and Reverse Repo transactions. Costs and revenuesare accounted for as interest expenditure / income, as the case may be.

(d) Investments are valued in accordance with the RBI guidelines.a. Securities under the category Held to Maturity' (HTM) are valued at cost. Where ever cost is higher than face value, the premium is

amortized over the remaining period of maturity.b. Securities under the category 'Available for Sale' (AFT) are marked to market and are valued at Market Rate declared by FIMMDA as on

31st March 2013. On the basis of valuation if it results in appreciation the same is ignored and if it results in depreciation the same isprovided for. The book value is not changed after the valuation at year end.

c. Securities under the category 'Held for Trading' (HFT) are valued as per prices declared by FIMMDA. The depreciation if any is providedfor. The book value is not changed after the valuation at year end.

(e) Profit and Loss on sale of investment is accounted for in the Profit & Loss account considering the original cost of acquisition.

a) Fixed Assets are stated at Cost net of Deprecation.b) Depreciation on assets is charged on the Written down Value at the rates determined by the Bank, except in respect of computers, vehicles where it

is calculated on the Straight Line Method, at the rates prescribed by RBI.c) Depreciation on fixed assets is charged for the full year if the asset is purchased and installed during the first six months of the year. If the asset is

purchased and installed in the later six months then 50% of the normal rate of depreciation is charged.

Operating lease payments are recognized as an expense in the Profit and Loss account on a straight line basis over the lease term. The details of LeasePayment as below –

Notes Forming Part Of The Profit & Loss AccountFor the year ended 31 , March, 2013 and Balance Sheet as on that date

st

SIGNIFICANT ACCOUNTING POLICIES

19

thANNUAL REPORT2012 - 201396

7. Earning per Share :

8. EMPLOYEE BENEFITS :

9. TAXES ON INCOME :

10. EXTRAORDINARY ITEMS :

11. Other Notes :

(a) Earning per share are calculated by dividing the net profit for the period after tax attributable to equity shareholders (before appropriation) by weightedaverage number of equity shares outstanding during the period.

(b) The weighted average number of equity shares outstanding during the period are calculated by aggregating the equity shares outstanding at thebeginning of the period adjusted by the number of shares surrendered/ forfeited or issued during the period multiplied by the time- weighting factor,which is the number of days for which the shares are outstanding as a proportion of total number of days during the year. Net worth of the Bank as ondate of Balance Sheet is Rs. 1072616000.00. thus value of the share comes to Rs. 22.68.

a) Provident Fund & Pension FundThe defined contribution as per Provident Fund & Pension Fund scheme is charged to Profit & Loss Account.

b) GratuityGratuity liability is recognized as per actuarial valuation made at the end of financial year. The bank pays contribution to Life Insurance Corporation ofIndia who maintains Gratuity Policy for bank employees.

c) Leave EncashmentBank has provided for Leave encashment benefit on the basis of declaration obtained from bank employees regarding exercises the option.

(a) Income Tax comprises the current tax provision.(b) Income Tax Authority has demand Rs. 71368222.00 towards income tax & interest on tax for the Assessment year 2007-08, 2008-09 & 2009-10.

Bank deposited Rs.6,65,00,000.00 against demand and shown the amount as receivable. The demands are pending with various appellateauthorities.

Shri Parshwanath Co-op Bank Ltd., Sangli merged with the Bank w.e.f 03/12/2007. The assets and liabilities and the reserves and provisions taken over fromthe merging bank are incorporated in the financial statements. The SPCB Collection A/c is reflected separately in Balance Sheet.

a. The Bank has ascertained that there is no material impairment of any of its assets and as such no provision under Accounting Standard 28 issued bythe ICAI is required.

b. Reconciliation of inter Bank Accounts as on 31/03/2013 are completed.c. Previous year figures are regrouped or rearranged or reclassified wherever necessary to confirm the layout of the accounts of the current year.

(Rs. In Lakh)

TotalConsideration

201.10

Lease amountdebited to P & L A/C

up to 31/3/12

Lease amountdebited to P & L A/C

in the current year i.e.2012-13

Balance amountas on 31/03/2013

182.643.0715.39

Revenue 4440.36 14912.16 19352.52

Expenses 3944.80 12809.64 16754.44

Provisions 49.16 487.36 536.52

Profit Before Tax 446.40 1615.16 2061.56

Profit After Tax 312.48 1011.08 1323.56

Taxation 133.92 604.08 738.00

Segment Assets 48332.41 139956.61 188289.02

Segment Liabilities 45915.79 142373.23 188289.02

12. The Segment Reporting Statement on the basis of Product & Services AS ON 31.03.2013

Treasury Operations(Dealing in Govt.

Securities)

Other Banking Operations(Lonas & Advances and

Other Services)Total

20

thANNUAL REPORT2012 - 201396

A Cash Flow Generated From Operating Activities1 Net Profit as per profit and Loss A/c 1323.56

TOTAL 3118.13LESS:

Operating Profit before Working Captial Changes 3116.97

2 Adjustments for working Capital Changes

Net Working Captial Changes 2579.27

Net Cash generated from Operating Activities 5696.24B Cash Flow From Investing Activities

C Cash Flow From Financing Activities

D Net Increase in Cash & Cash Equivalents

Ajustments for Depr./ Amortisation of Fixed Assets 477.67Provision Made 536.52Provision for taxation 738.00Loss on Sale of Assets 3.75Recovery in writte off account 4.00Dead Stock wriiten Off 13.91Entrance Fees & other 16.51Income tax paid (TDS) 4.21

Profit on sale of Assets 0.43Provision against Contiengecies 0.73

(Increase)/ Decrease in Investment (12014.81)(Increase)/ Decrease in Advances (14739.97)Increase / (Decrease) in Borrowings 2500.00Increase / (Decrease) in Deposits 25963.73Increase / (Decrease) in Interest payable 1542.53(Increase) / Decrease in Other Assets (548.78)(Increase) /Decrease in Advance Income Tax 719.35Increase / (Decrease) in Other Liabilities 610.64Increase / (Decrease) in I.Tax liability (1419.75)Increase/(Decrease) in Branch Adjsutment (33.67)

Fixed Assets Acquisition (Net) (465.27)

Increase in Share Capital 766.80Payment of Dividend (339.27)

Cash & Cash Equivalents at the beginning of the year 20933.43Cash & Cash Equivalents at the end of the year 26591.93

NOTE: Cash & cash Equivalents1. Cash Balance 835.232. Balance with Reserve Bank Of India 13997.093. Balances with other Banks 11759.61

13. Cash Flow Statement For The Year Ended 31-03-2013

Sr.

No.Particulars

As on 31-3-2013

Rs. Ps.

V. K. Joshi

Dy. Chief Executive Officer

(Accounts Dept.)

CA. Dilip M. Gurav

Chief Executive Officer

CA. Uday V. Kulkarni

Chartered Accountants & Internal Auditors

Place :

Date :

Karad

12-07-2013.

(Rs. in Lacs)

For M/s. LIMAYE & COMPANY

CA. VIJAY THAKKAR (Partner)

Chartered Accountants

Statutory Auditors

21

thANNUAL REPORT2012 - 201396

To,

(As applicable to Co-operative Societies)

Section 81(5)(b) and

Rule 69 of the Maharashtra Co-op. Societies Act/Rules]

We have audited the accompanying financial statements of

as at March 31, 2013, the Profit & Loss Account and Cash Flow Statement for the year ended

on that date, and a summary of significant accounting policies and other explanatory information.

These financial statements are the responsibility of the management of the Bank.

Our responsibility is to express our opinion on these financial statements based on our audit.

We conduct our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan

and perform the audit to obtain reasonable assurance about whether the financial statements are free from material

misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial

statement. An audit also includes assessing the accounting principles used and significant estimates made by the assessee. We

believe that our audit provides a reasonable basis for our opinion.

Subject to our comments and observations contained in the Audit Memorandum enclosed herewith, in our opinion and to the best

of our information and according to the explanations given to us, the financial statements read with significant accounting policies

and notes thereon give the information required by the Acts in the manner so required and give a true and fair view in conformity

with the accounting principles generally accepted in India:

1. We have audited the books of account of the Head Office and 23 Branches of the Bank. Remaining 25 branches of the Bank

are audited by J. B. Chavan & Associates, Chartered Accountants, Satara.

2. We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the

purpose of our audit and found them to be satisfactory.

3. In our opinion, proper books of account as required by the Maharashtra Co-operative Societies Act, 1960 and rules made

there under have been maintained so far as appears from our examination of those books and proper returns adequate for the

[Under Section 31 of the Banking Regulation Act, 1949

and

The Karad Urban Co-operative Bank Ltd. Karad Dist. – Satara,

which comprise the Balance Sheet

The Members of

The Karad Urban Co-operative Bank Ltd.

Report on Financial Statements

Responsibility for the Financial Statements

Opinion

Statutory Auditors' Report for the year ended 31st March, 2013

22

thANNUAL REPORT2012 - 201396

purposes of our audit were received from the branches and offices of the bank.

4. To the best of our knowledge and belief and according to the information and explanations given to us, there is no material

impropriety and irregularities in the expenditure or in the realization of monies due to the bank.

5. In our opinion, the consolidated Balance Sheet give the information required by the 3 schedule of Banking Regulation Act,

1949 (as applicable to Co-operative Societies), in the manner so required and give a true and fair view in conformity with the

accounting principles generally accepted in India.

6. The Consolidated Balance Sheet and Profit and Loss Account dealt with by this report are in agreement with the books of

account and show true and fair view of the state of affairs of the Bank.

7. The transactions of the Bank, which have come to our notice, are within the competence of the Bank.

8. In our opinion and to the best of our information and according to the explanations given to us, the accounts give information

as per the Maharashtra Co-operative Societies Act 1960 and rules made there under. Subject to our remarks and comments

in part A, B and C of our audit report, the accounts give a true and fair view:

(i) in the case of the Balance Sheet, of the of the Bank as at 31 March 2013;

(ii) in the case of the Profit and Loss Account, of the for the year ended on that; and

(ii) in the case of the , of the cash flows for the year ended on that date.

9. On the basis of CAMELS rating, the Bank has been awarded for the financial year 2012-13.

rd

stState of Affairs

Profit

Cash Flow Statement

'A' audit classification

Place :Date :

KARADJuly 12, 2013

For M/s. LIMAYE & COMPANY

CA. VIJAY THAKKAR (Partner)

Chartered Accountants

Statutory Auditors

23

thANNUAL REPORT2012 - 201396

24

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5317610059

4729.697290.56

166697.8624847.858697.90

133152.12107342.27104110.87

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PARTICULARS

}

Name of BankThe Karad Urban Co-opeativeBank Ltd., Karad

Head OfficeAddress

516/2, Shaniwar Peth, Shahu Chowk,Karad, Dist. Satara PIN- 415110

Registration Date 24-01-1917

Reserve BankLicense No.

UBD/MH/885P, Dated.15-10-1987

Area ofOperation

Urban/Semi urban Centers including ruralarea within the periphery of 10 K.M. fromthose centers from Satara, Sangli, Pune,Solapur, Kolhapur, Ratnagiri, Raigad Districtand new Mumbai, Greater Mumbai and itssuburbs.

ANNEXURE-"A"

As on 31st March 2013 (Rs. in Lakhs)(except 1,2,6A,6B,9,10,12)

}--------------------

5317610059

4729.697290.56

166697.8624847.858697.90

133152.12107342.27104110.87

3231.4047.86 %12.30 %2500.00

49001.933.44 %

"A'2061.56

694188289.03

48+1+1Total Branches (H.O.+Extn. Counter)MembershipShareholdersNominal MemberPaid Up Share CapitalReserve and Other FundsDepositsSavingsCurrentFixedLoans and AdvancesSecuredUnsecured% of Priority Sector% of Weaker SectionBorrowingsInvestments9% of OverduesAudit Class "A"Profit (Before Tax)Total Staff 694Working Capital

1.

2.

3.4.5.

6.

7.8.9.1011.12.13.