CONSOLIDATED FINANCIAL STATEMENTS
FORTY THIRD ANNUAL REPORT 2019-20

Consolidated Balance Sheet As at March 31, 2020

` in Crore

Particulars		Notes	As at March 31, 2020	As at March 31, 2019
ASSETS
Financial Assets
(i)	Cash and cash equivalents	4	5,198.46	3,183.31
(ii)	Bank Balances other than (i) above	5	303.07	1,353.23
(iii)	Receivables	6
	- Trade receivables		336.31	611.99
	- Other receivables		6.58	28.60
(iv)	Derivative financial instruments	7	5,758.06	1,403.36
(v)	Loans	8	4,45,496.16	4,22,363.83
(vi)	Investments in Associates	9	48,883.74	43,874.69
(vii)	Other Investments	10	51,027.29	32,837.20
(viii)	Assets of Life Insurance Business	11
	- Investments	11.1	1,29,605.23	1,24,882.26
	- Other Assets	11.3	7,726.66	4,987.02
(ix)	Assets of Non-Life Insurance Business
	- Investments	11.2	13,731.83	9,187.56
	- Other Assets	11.3	6,136.41	4,229.64
(x)	Other financial assets	12	3,983.72	4,436.32
Total Financial Assets			7,18,193.52	6,53,379.01
Non-Financial Assets
(i)	Current Tax assets (Net)	13	3,696.51	3,279.98
(ii)	Deferred tax assets (Net)	13	1,699.68	919.07
(iii)	Investment property	14	981.52	395.64
(iv)	Property, plant and equipment	15	1,744.27	1,188.02
(v)	Other intangible assets	16	1,149.45	101.20
(vi)	Capital work in Progress		20.38	20.41
(vii)	Intangible assets under development		38.52	3.81
(viii)	Other non-financial assets	17	690.35	962.52
(ix)	Goodwill on consolidation	16	1,600.73	625.46
Total Non-Financial Assets			11,621.41	7,496.11
Total Assets			7,29,814.93	6,60,875.12
LIABILITIES AND EQUITY
LIABILITIES
Financial Liabilities
(i)	Derivative financial instruments	7	354.84	164.75
(ii)	Payables	18
	(A) Trade Payables
	(a) total outstanding dues of micro enterprises and small enterprises		4.00	1.55
	(b) total outstanding dues of creditors other than micro enterprises and small enterprises		2,161.19	1,995.80
	(B) Other Payables
	(a) total outstanding dues of micro enterprises and small enterprises		-	-
	(b) total outstanding dues of creditors other than micro enterprises and small enterprises		238.95	463.04
(iii)	Debt Securities	19	1,79,799.15	1,84,639.73
(iv)	Borrowings (Other than Debt Securities)	20	1,07,914.67	90,256.39
(v)	Deposits	21	1,32,304.79	1,07,071.99
(vi)	Subordinated Liabilities	22	5,348.93	5,735.70
(vii)	Liabilities pertaining to Life Insurance Business	23	1,31,006.74	1,25,344.52
(viii)	Liabilities pertaining to Non Life Insurance Business	23	17,423.31	11,174.31
(ix)	Other financial liabilities	24	16,536.97	14,460.04
Total Financial Liabilities			5,93,093.54	5,41,307.82
Non-Financial Liabilities
(i)	Current tax liabilities (Net)	25	259.84	170.53
(ii)	Deferred tax liabilities (Net)	13	32.46	65.43
(iii)	Provisions	26	372.09	369.42
(iv)	Other non-financial liabilities	27	2,220.52	983.40
Total Non-Financial Liabilities			2,884.91	1,588.78
Total Liabilities			5,95,978.45	5,42,896.60

EQUITY
(i)	Equity Share capital	28	346.41	344.29
(ii)	Other equity	29	1,26,132.75	1,11,388.85
(iii)	Non-controlling interest		7,357.32	6,245.38
Total equity			1,33,836.48	1,17,978.52
Total liabilities and equity			7,29,814.93	6,60,875.12

See accompanying notes forming part of the the consolidated financial statements

As per our report of even date attached.

For B S R & Co. LLP
Chartered Accountants
Firms’ Regst. No: 101248W/W-100022

Deepak S. Parekh
Chairman
(DIN: 00009078)

Akeel Master
Partner
Membership No. 046768

Keki M. Mistry
Vice Chairman &
Chief Executive Officer
(DIN: 00008886)

Renu Sud Karnad
Managing Director
(DIN: 00008064)

MUMBAI, May 25, 20200

Directors

J. J. Irani

(DIN: 00311104)

Nasser Munjee

(DIN: 00010180)

U. K. Sinha

(DIN: 00010336)

Jalaj Dani

(DIN: 00019080)

Bhaskar Ghosh

(DIN: 06656458)

Ireena Vittal

(DIN: 05195656)

V. Srinivasa Rangan

Executive Director &
Chief Financial Officer

(DIN: 00030248)

Ajay Agarwal

Company Secretary
(FCS: 9023)