Press Release

June 11

BALANCE SHEET AS AT JUNE 30, 2011
	Rs in Crores
As at	30- June -11	30-June -10
FUNDS EMPLOYED

SHAREHOLDERS FUNDS
Share Capital	293.98	290.95
Reserves and Surplus	17,776.09	16,068.55
	18,070.07	16,359.50

LOAN FUNDS

Term Loans	41,427.91	32,786.02
Bonds, Debentures, FCCB and Commercial Paper	51,590.45	43,060.01
Deposits	30,500.37	23,905.67
	123,518.73	99,751.70
	141,588.80	116,111.20

APPLICATION OF FUNDS
LOANS*
Individuals	77,885.96	64,137.53
Corporate Bodies	44,823.28	35,966.78
Others	1,458.45	1,520.35
	124,167.69	101,624.66

INVESTMENTS	17,328.18	14,932.49

DEFERRED TAX ASSET	465.14	301.69

CURRENT ASSETS, LOANS AND ADVANCES	6,630.19	4,236.51
Less : CURRENT LIABILITIES AND PROVISIONS	7,237.33	5,205.64
	(607.14)	(969.13)

FIXED ASSETS	234.93	221.49
	141,588.80	116,111.20


	30-Jun-11	30-Jun-10
* Excludes Loans off-balance sheet - margin retained over the life of the loan	11,802.80	11,080.98

Loans sold during the last 12 months	3,122.97	5,635.95

1 Crore = 10 Million

PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED JUNE 30, 2011
	Rs in crores
	2011-12	2010-11
INCOME
Income from Operations	3,800.67	2,797.13
Interest and Other Charges	2,514.92	1,719.59
NET INTEREST INCOME	1,285.75	1,077.54

Add:
Profit on Sale of Investments	16.26	-
Other Income	4.67	4.82

Less: Non Interest Expenses
Staff Expenses	52.76	45.15
Establishment Expenses	14.72	13.25
Other Expenses	41.20	38.36
Depreciation	4.47	4.01
Provision for Contingencies	18.00	15.00
	131.15	115.77

Profit Before Tax	1,175.53	966.59
Less : Provision for Tax	331.00	272.00
PROFIT AFTER TAX	844.53	694.59
1 Crore = 10 Million

HIGHLIGHTS - JUNE 30,2011
	Rs in crores
	2011-12	2010-11

Book Value per Share (Rs)	123	112

Adjusted Book Value - adjusted for unrealised gains on investments (Rs)	282	228

Earnings per Share - Basic (Rs)#	5.75	4.80
Earnings per Share - Diluted(Rs)#	5.65	4.71

Capital adequacy ratio	13.8%	14.8%
of which Tier I	12.2%	13.6%
of which Tier II	1.6%	1.2%

Non performing loans (90 days overdue)	0.83%	0.89%
Non performing loans (six months overdue)	0.55%	0.54%
Provision for contingencies	1 ,172.68	696.73
1 Crore = 10 Million
# Pertains to the quarter
Note: The face value of the equity shares of the Corporation was sub-divided to Rs. 2 per equity share from Rs. 10 per equity share w.e.f. August 21, 2010. Previous year figures have been adjusted to reflect the revised face value.

SCHEDULE - JUNE 30, 2011
	Rs in Crores
	2011-12	2010-11
INCOME FROM OPERATIONS
Interest on Loans	3,329.82	2,515.02
Other Interest	183.32	101.77
Surplus from Deployment in Cash Management Schemes of Mutual Funds	96.62	38.14
Dividend Income	132.22	118.05
Fees and Other Charges	57.32	23.41
Other Operating Income	1.37	0.74
	3 ,800.67	2 ,797.13

INTEREST AND OTHER CHARGES

INTEREST
Loans	892.09	550.33
Deposits	615.98	474.20
Bonds and Debentures	995.25	648.47
	2,503.32	1,673.00
OTHER CHARGES	11.60	46.59
	2,514.92	1,719.59

INVESTMENTS

Equity Shares - Subsidiaries & Associate Companies	7,935.12	7,708.83
Equity Shares - Other Companies	949.82	877.74
Convertible Preference Shares	81.15	71.32
Preference Shares	5.99	5.99
Convertible Debentures	2.00	27.00
Debentures and Bonds	262.62	197.65
Pass Through Certificates and Security Receipts	84.45	86.19
Properties	159.18	162.48
Government Securities	1,356.50	1,148.33
Commercial Paper	-	274.29
Liquid Funds	5,772.00	3,735.79
Mutual Funds and Other Funds	794.26	686.34
	17,403.09	14,981.95
Less Provision for Diminution in Value of Investments	74.91	49.46
	17,328.18	14,932.49

Unrealised gains on listed investments including HDFC Investments Limited	23,206.33	16,775.00

1 Crore = 10 Million