Financial Results of the Bank for the Year Ended 31st March 2011 www.corpbank.com

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Financial Results of the Bank for the Year Ended 31st March 2011 Please Click Here for
Financial Results of the Bank for the Year Ended 31st March 2011
Every institution has its start in modest initiatives but what makes it great is the passion of the people behind it. Carrying the legacy forward with an undaunted commitment to its vision, the journey of Corporation Bank truly epitomizes this.

Started about 105 years ago in 1906, with an initial capital of just Rs.5000, Corporation Bank has recorded Rs. 2,00,000 Crore mark in business and even far more, with over 5000 service outlets across the nation, served by committed and dedicated 13,000 plus Corp Bankers. Proof of which is seen in its enviable track record in financial performance. We have many reasons to cheer, predominant of them is, being able to participate in nation building by empowering the rural and urban population alike. Today, we are proud that we are significant contributors to the growth of the country's economy.

Early Mover

Nationalised in 1980, Corporation Bank was the forerunner when it came to evolving and adapting to the financial sector reforms. In 1997, it became the Second Public Sector Bank in the country to enter capital market, the IPO of which was over- subscribed by 13 times. the Bank has many " firsts " to its credit - Cash Management Services, Gold Banking, m-Commerce, " Online " approvals for Educational loans, 100% CBS Compliance and more recently, its poineering efforts to take the technology to the rural masses in remotest villages through low-cost branchless banking - Business Corresponent model. All of which symbolise Bank's unswerved commitment to its customers to provide convenience banking.

At Corporation Bank, what motivates us is the passion to excel in banking by maintaining highest standards of service to our customers, backed by innovative products and services which makes us one of the leading Public Sector Banks in the country, catering to a wide range of customers - from individuals to corporate clients.

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Chevrolet cars in India Beat Diesel price starts at Rs 4.29 lakh ex showroom Delhi Bookings have started

July 25, 2011: Chevrolet has launched the much awaited Chevrolet Beat Diesel today at an official function organized in Mumbai. The Chevrolet Beat Diesel price starts at Rs 4.29 lakh ex showroom Delhi and goes up to Rs 5.45 lakh for the top variant that comes with loads of safety and other features. The Beat Diesel launch is sure to trigger a price war among diesel hatchback cars in India. Besides that with a mileage of 24kmpl and at a price starting at Rs 4.29 Beat Diesel is sure to hit numbers soon. Air conditioner, power steering and front power windows are part of the standard equipment while the Chevrolet Beat LT Option which is priced at Rs 5.45 has enhanced safety features such as airbags and ABS besides plus interiors and lots of other features. The Chevrolet Beat Diesel comes with a warranty of three years or 1 lakh kilometers whichever is earlier. Chevrolet Beat Bookings have started.

Chevrolet Beat Description :

Chevrolet is in automotive sector since 1911 when it was founded in Detroit. The American car make has now extended its reach in over 120 countries across the globe. In 2010, Chevrolet sold over 4.25 million cars globally. In India, Chevrolet began its operations in 2003 and since then it has launched some of its best cars in India including Chevrolet Captiva, Chevrolet Optra, Chevrolet Cruze, Chevrolet Aveo, Chevrolet Aveo U-VA, Chevrolet Spark, Chevrolet Beat and Chevrolet Tavera. Chevrolet cars in India are known for their fuel-efficiency, safety and reliability. Besides, Chevrolet cars also deliver high quality, expressive design, spirited performance and value. Chevrolet Beat Electric will be the latest offering by Chevrolet. GM has already introduced the LPG version of the Beat lately. GM will also launch Chevrolet Beat diesel in India later this year. The Beat Diesel will run on a 1.0L 3 cylinder diesel engine and is expected to offer a mileage of 24 kmpl.

With the Beat EV and Beat Diesel in India, Chevrolet Beat will become a car with almost all variants viz. Petrol, Diesel, CNG, LPG and Electric. In all, Chevrolet Beat Electric has inherited the looks and features of the existing Beat petrol variant. A 300 cell lithium-ion battery powers the EV. The total energy capacity of the Beat EV battery is 20 kWh. Under standard driving conditions, the battery operated car Beat goes upto 130 km in one charge. This is higher than Reva that goes around 80 to 100 kms in one charge. The battery weight is 270 Kg and it has kept the weight of the car somewhat the same as its petrol sibling.

In addition, the battery pack in the Beat EV has a wide range of operating temperature. It can operate approximately at -20 degrees to 45 degrees. The Beat Electric uses a 240 V power source to get fully charged in just 8 hours. A single speed motors transfers the power from the battery to the wheels. The electric motor inside the Chevrolet Beat EV has 45 kW of power.

Beat Electric features outnumber that of Reva. First, where there is only a comfortable seating for two people in Reva, Beat seats five people comfortably. Though there is a rear seat in Reva as well but it is too congested to seat anyone comfortably, except the kids. Next, where Reva looks more like a toy car, Beat Electric is a full grown hatchback. Another big catch for Beat EV would be its pricing which is expected to remain around Rs 6 lakh to Rs 7 lakh.

The Interiors and Exteriors of the Chevrolet Beat Electric will be the same as that of its petrol variant. Besides, GM could tweak a little with the overall weight of the car and would try to keep the weight of the car as low as possible. A complete Chevrolet Beat Review will be made available once the car is launched in India.

Chevrolet Beat Models

Chevrolet Beat PS	It is the base variant of Chevrolet Beat that comes without Power Windows, Roof Rails, Rear Spoiler, Central Locking, Climate Control, Fog Lamps, etc.
Chevrolet Beat LS	This variant is the base model in the Beat LPG series. It comes with features such as Height adjustable Front Headrest and Central Locking.
Chevrolet Beat LT	This is the top end variant in the Beat LPG series. It hosts one more feature in addition to the above variant, Front Fog lamps for better clarity during thick winters.

Compare Chevrolet Beat Models

Mileage, Average and Fuel Economy

General Motors India has launched Chevrolet Beat with only petrol engine option. All three variants of Chevrolet Beat are equipped with the 1.2L, 1199cc, 16-Valve DOHC, STEC II petrol engine with five speed manual transmission gearbox. This petrol engine with Port Deactivation Technology reduces the noise and enhances the fuel efficiency and enables theChevrolet Beat to offer mileage 14.5kmpl in city and 18.6kmpl on highway.

The new Chevrolet Beat LPG with the new 1.2 L S-TEC or SMARTECH engine offers a mileage of 13.29 kmpl.

Power

As we already discussed that that Chevrolet Beat is available with only petrol engine option. Chevrolet Beat is powered by the 1.2L, 1199cc, 4-Cylinders, 16-Valve, DOHC, STEC II petrol engine with five speed manual transmission gearbox. This engine can produce 80.5PS of maximum power at 6200rpm with 108Nm of maximum torque at 4400rpm. This higher level of power and torque results excellent acceleration and engine performance thus the car never vibrates even after 100kmph mark.

The new Chevrolet Beat LPG is powered by the newly developed 1.2 L SMARTECH powertrain. The mill being light in weight delivers exceptional power of 80.5 PS (in petrol).

Colors

Chevrolet Beat is available with seven exhilarating colors that are Linen Beige, Green Cocktail Metallic, Super Red, Caviar Black, Misty Lake Metallic, Moroccan Blue, and Olympic White.

Linen Beige	Green Cocktail Metallic	Super Red	Caviar Black	Misty Lake Metallic	Moroccan Blue	Olympic White
These Colors are available with all variants of Chevrolet Beat

Acceleration and Pick Up

The acceleration of the car is highly dependent of the power, torque and the transmission gearbox. Chevrolet Beat is packed with 1.2 L petrol engine with a displacement of 1197 cc. This petrol engine is packed with light weight DOHC engine that reduces friction and performs better. The engine is packed with 5 speed manual transmission gearbox that is very fuel efficient and is economical to run by providing a very excellent mileage. This Inline type engine is a very great performer and produces highest power and torque with improved compression ratios and delivers better initial and passing acceleration in city driving conditions for zipper overtaking. This highly advanced engine of Chevrolet Beat crosses the barrier of 100 kms in just 15.5 seconds and reaches top speed of 145 kmph.

Chevrolet Beat Exteriors

Exterior Appearance

Chevrolet Beat is a very classy car with robust and sporty look. This head turner is packed with a very elegant design and stylish exterior look. The sleek body graphics and robust outer look is very much unadulterated and is quite irresistible which is sure to take the breath. The curvier body look of the car is its eye catching feature.

The satin silver finish roof rails offers very sporty and dynamic look to the exterior of the Chevrolet Beat. The B pillar styling strip is designed to make the look of the car very smart. The front grille of the car are very well defined and merges very appropriately with curvier headlights and makes the look of the car very stunning and attractive. The body colored bumpers and internally adjusted ORVMs gives the car a very elegant and offers a stylish look.

The rear section of the Chevrolet Beat is designed with stylish LED tail lights that offer a very impressive look. The body colored outside door handles and body colored door mirror cowls gives that extra bit of finishing touch to the overall exterior of the car and even the body colored tailgate handles offers very classy look to the car. The chrome finished Logo of the company of the front of the car throws the trust and faith the company have. The alloy wheels and big sized tubeless tyre give the car a very aggressive and classy look.

Exterior Mesurements

Chevrolet Beat is a premium hatchback car with a capacity for 5 members to seat. The Exterior dimensions of this car are its Length - 3640mm, Width - 1595mm, Height - 1520mm, Wheelbase - 2375mm, Ground Clearance-165mm.

Chevrolet Beat Interiors

Interior Appearance

Chevrolet Beat is a premium hatchback segment car with very dynamic and impressive interiors. The interior of Chevrolet beat are quite mind blowing and are filled with unmatched aura which is irresistible look and attract the car lovers in just a glance. The car is designed to offer roomy and spacious interiors that give you the ultimate princely comfort. The spacious interiors of the car makes you feel open even in very busy traffic on the roads.

The Piano Black finish on dashboard and doors offers very elegant looks to the interiors and makes the ambience of the car class apart. The metallic finish Instrument Panel also offers very stylish look and adds that extra touch of glory to the interiors. The fabric upholstery present in the Chevrolet Beat merges very well with the interiors and offers a very classy and stylish look to the overall ambience of the car.

Some other interior features available in Chevrolet Beat are vanity mirrors, digital display trip meter, Luggage room, Sun visor, day and night rear view mirror, digital clock, tachometer, etc. The shinning touch of the interior is completed with the front and rear cabin lamps in 3 positions and the anti glare inside rear view mirror.

Interior Comfort

Chevrolet Beat offers a swathe of comfort and pleasure. The car is packed with wealth of advanced and comfortable features that offers a very pleasant and comfortable driving. The car is packed with not only looks, style, interiors, and exteriors but with many comfort features to attract huge number of car lovers.

The tilt power steering present in some variant of the car provides a very comfortable drive by customization in the position according to one’s need for any height of driver. The internally adjustable ORVM present in the offer offers comfort of changing the view without opening the windows of the Chevrolet Beat. The 60:40 split rear seats offers very comfortable long drive when you have excess luggage with you.

The power window in both front and rear seat gives great comfort in closing the windows when needed. The storage section is also taken car of by offering huge luggage space, cup holders, ticket holders, console box, rear parcel shelf, sunglass holder, etc. The air conditioner with heater controls the inside temperature and offers a very comfortable driving.

The integrated audio system in some variant of Chevrolet Beat offers very pleasurable drive with your favorite tunes in demand. The rear defogger helps you drive safe in any weather condition. The rear wash and wiper offer comfortable drive in rainy seasons too. The head restraint and driver seat height adjuster offers a very good and comfortable driving experience to all drivers. Some other comfort features are remote fuel lid opener, boot lid opener, cigarette lighter, antenna, sun visor, vanity mirror, bottle holders in door trims, etc.

Interior Mesurements

Chevrolet Beat is a premium hatchback car with a sitting capacity of 5 members. The car is very roomy and spacious car with elegant interiors. The interior measurement of this car is as follows. Front headroom – 980 cm, Rear headroom– 890 cm, Maximum Front legroom- 1270 cm, Minimum Front legroom - 590 cm, Maximum Rear Knee room- 810 cm, Minimum Rear Knee room- 630 cm, Shoulder room - 1270 cm.

Engine Capacity and Performance

Chevrolet Beat is a very powerful and performing car with many advanced technology and features in its kitty. Chevrolet Beat comes in 3 variant all in Petrol version only. Chevrolet Beat has variants with many different features attached to it.

Chevrolet Beat is equipped with 1.2 L petrol engine with a displacement of 1197 cc. This 1.2 L petrol engine is packed with 5 Speed Manual Transmission Gearbox that is very fuel efficient and is economical to run by providing a very excellent mileage. The engine is also endowed with light weight DOHC engine that reduces friction, offers clear emission and performs better. This Inline type engine with 4 Cylinders and 16 valves is a very great performer and produces an impressive power of 80.5 PS at 6200rpm with 108Nm of maximum torque at 4400rpm. The advanced engine offers highest power and torque with improved compression ratios and delivers better initial and passing acceleration in city driving conditions for zipper overtaking.

Wheels

Chevrolet Beat has a very stylish and classy looks with a variety of advanced features in its interiors to attract a huge volume of crowd. Chevrolet Beat is equipped with 14 inches wheels for ultimate look to its exteriors. Chevrolet Beat is available with tubeless tyres which are puncture proof and offer you a very comfortable journey without any tension of tyres. The size of the tyre is 155/70 R14. This big sized tyre of Chevrolet Beat is very efficient in controlling the car incase of off- roading and also helps in reducing the rate of skidding in slippery and watery roads.

Braking and Handling

The suspension of Chevrolet Beat is very dynamic and efficient. The front suspension is of Mc Pherson strut and the rear suspension is of Compound Link Type. The suspension has all 4 gas filed shock absorbers. This new frame type front suspension available in Chevrolet Beat offers better stability and driving comfort.

Chevrolet Beat is packed with a very sound and dynamic braking system and offers a very safe drive to its passengers. The presence of ABS (Anti Lock Braking System) in some variants of the Chevrolet Beat helps in preventing wheel lock up during panic braking. The front brakes and the rear brakes are also great performer which are very efficient in case of unexpected surprises in the road. This powerful braking system helps in de- accelerating car when the car s moving in high speed.

Handling and Safety

Chevrolet Beat is a very safe car with many advanced safety features. The car is packed with both active and passive safety features to safeguards against the unexpected surprises that come in our way.

The ABS (Anti lock Braking System) available in Chevrolet Beat helps the prevention of wheel locking in case of sudden braking and also controls the stability of the car. The presence of Dual SRS Airbag in the car is of great help at the time of accidents and collision which reduces the impact of collision and provides a cushioning effect in collision.

The 2.5 mph impact proof bumpers offer greater safety to the passengers of the car and also reduce the impact of injury in case of accident and collision. The halogen headlamps offer a very clear visibility to the roads and reduce the danger henceforth. The availability of front fog lamps in some variant of the Chevrolet Beat acts as a safeguard against bad weather condition driving. The front seat belts with load limiters are another safeguards present in the car.

Some other safety measures are child lock helps you drive tension free when kids are on with you, high mounted stop lamp which is clearly visible, double horn, side impact beams etc. With the availability of array of advanced safeguards, one can drive Chevrolet Beat with great peace of mind

Stereo and Accessories

Chevrolet Beat is packed with Integrated Audio System with 4 speakers and antenna in some variants of the car. The base model has no inbuilt provision for music system, but you can definitely arrange for the same, and the car has the provision for speakers with surround sound effect that makes your journey very pleasant and very enjoyable wherein you can listen to your favorite tunes while driving.

Chevrolet Beat Pros :

Sporty and Stylish Look.

Affordable price range.

Engine Performance and Mileage.

Advanced Safety Features.

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Indian Institutes of Management announced the highlights of the Common Admission Test 2011 CAT 2011 NMAT IIFT & SNAP dates revealed

CAT 2011 NMAT IIFT & SNAP dates revealed

A 15-minute tutorial will be provided before the start of the test, and candidates are advised to go through that carefully before starting the main examination.

Indian Institutes of Management announced the highlights of the Common Admission Test 2011 (CAT 2011). Prometric, trusted provider of market-leading test development and test delivery solutions, is IIMs’ partner in developing and delivering CAT 2011.

The CAT 2011 will have only two sections instead of three. The first section will focus on Quantitative Ability & Data Interpretation; the second on Verbal Ability & Logical Reasoning. These two sections will be implemented sequentially with separate time limits. The examination will be 140 minutes. Candidates will have 70 minutes to answer 30 questions within each section which will have an on-screen countdown timer. Once the time ends for the first section, they will move to the second and will no longer be able to go back. Although new in the computer-based version of CAT, this format was previously practiced in some of the earlier paper-and-pencil years.

A 15-minute tutorial will be provided before the start of the test, and candidates are advised to go through that carefully before starting the main examination. The total duration will be two hours and 35 minutes including the tutorial. A practice test to provide candidates with a feel of the timed sections, as well as navigation and functionality of the actual test will be made available in the coming weeks. Once again candidates are advised to go though them carefully to familiarize themselves with the screens, layout, and navigation.

The number of test days has been retained at 20 days within the window from 22 October to 18 November 2011. This would provide candidates with the flexibility of choosing a suitable test day based on their convenience. For those candidates who are differently abled, additional support will be provided as required.

“We are confident that CAT 2011 is going to help us in identifying the appropriate candidates for our programmes, and that the examination will be fair and equitable,” Said Professor Janakiraman Moorthy, CAT 2011 Convenor. “Considerable effort has been invested in maintaining similar level of difficulty across papers. A small number of statistically and psychometrically validated questions are randomly inserted in each question paper as equating blocks. These will be used for assessing post test equality across the days.”

IIMs and Prometric have reviewed the operational processes and contingent on the continued punctuality of candidates, the check-in procedure this year will start one-and-a-half hours before the scheduled test time instead of the previous two hours. With this change, we are also able to have an earlier start time of 3:15pm for the afternoon session.

To offer convenience to more candidates, three new cities – Bhilai, Jammu and Dehradun – have been added to the previous 33 test locations. This will help in bringing CAT closer to the northern states of the country. To reduce the difficulties in purchasing CAT vouchers, now candidates will also be able to purchase CAT vouchers from 201 Axis Bank branches, an increase of 30 outlets.

A video on the conversion of CAT to a computer-based test and candidate impressions of this transition will be available on YouTube by the end of this week.

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DTE Energy Company Earnings Preview Cheat Sheet

DTE Energy Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 51 cents per share, a rise of 30.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 48 cents. Between one and three months ago, the average estimate moved up, and has risen from 50 cents during the last month. For the year, analysts are projecting profit of $3.58 per share, a decline of 0.6% from last year.

Past Earnings Performance: The company fell short of estimates last quarter after topping forecasts the quarter prior. In the first quarter, it reported net income of $1.11 per share against a mean estimate of $1.21. Two quarters ago, it beat expectations by 3 cents with profit of 88 cents.

Wall St. Revenue Expectations: On average, analysts predict $1.93 billion in revenue this quarter, a rise of 7.8% from the year ago quarter. Analysts are forecasting total revenue of $8.71 billion for the year, a rise of 1.8% from last year’s revenue of $8.56 billion.

Analyst Ratings: Analysts seem relatively indifferent about DTE Energy Company with eight of 11 analysts surveyed maintaining a hold rating.

Key Stats:

A year-over-year revenue decrease in the first quarter snaps a streak of three consecutive quarters of revenue increases. Revenue fell 0.9% in the first quarter and rose 3%in the fourth quarter of the last fiscal year, 9.1% in the third quarter of the last fiscal year and 6.2% in the second quarter of the last fiscal year.

The decrease in profit in the first quarter breaks a streak of three consecutive quarters of year-over-year profit increases. Net income fell 23.1% in the first quarter from the year earlier, while the figure rose 34.5% in the fourth quarter of the last fiscal year, 3.2% in the third quarter of the last fiscal year and 3.6% in the second quarter of the last fiscal year.

Competitors to Watch: CMS Energy Corporation (NYSE:CMS), Wisconsin Energy Corp. (NYSE:WEC), Integrys Energy Group, Inc. (NYSE:TEG), The Empire District Electric Co. (NYSE:EDE), NiSource Inc. (NYSE:NI), Dominion Resources, Inc. (NYSE:D), Black Hills Corporation (NYSE:BKH), Avista Corporation (NYSE:AVA), Ameren Corporation (NYSE:AEE), and CH Energy Group, Inc. (NYSE:CHG).

Stock Price Performance: During June 23, 2011 to July 22, 2011, the stock price had risen $2.54 (5.2%) from $48.69 to $51.23. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven-straight days, rising 4.3% (+$2.11) over that span. It saw one of its worst periods between May 31, 2011 and June 10, 2011 when shares fell for nine-straight days, falling 4.4% (-$2.26) over that span. Shares are up $6.98 (+15.8%) year to date.

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NIM improves to 3.40%; but asset quality is still a concern

NIM improves to 3.40%; but asset quality is still a concern

Allahabad Bank has reported decent results for the quarter ended June 11 with 38% increase in NII at Rs. 1175.55 crore and 20% increase in Net Profit at Rs. 418.13 crore. Despite increase in the cost of funds, the bank has managed to improve NIM to 3.40% in quarter under review against 3.38% a quarter ago and 3.10% a year ago. However, drastic fall in trading profits by 79% and sharp increase in provisions on investments and bad debts has curtailed the growth in PBT to meager 3% at Rs. 569.95 crore. Thank to whooping 10.6% dip in the effective tax rate, Net Profit was up by modest 20% on y-o-y basis. Although the margins improved declining asset quality is a concern for the bank. Allahabad Bank has increased base rate and BPLR by 25 bps each to 10.25% and 14.50% respectively w.e.f 15 July 11. Asset Quality: The Gross NPA of the bank has inched up 41% y-o-y and slipped 3% q-o-q to Rs. 1604.37 crore for the quarter ended June 11. During the quarter, the bank has cash recovery of Rs.98.83 crore, up gradation of Rs. 101.90 crore and slippages ofRs. 118.24 crore. The % GNPA stood at 1.62% against 1.5% a year ago and 1.74% a quarter ago. Slippage ratio stood at 0.65% at end of June 11 against 0.66% in the corresponding previous year and 2.21% at end of March 11. Net NPA has surged up by 90% y-o-y and 20% q-o-q to Rs.588.59 crore at end of June 11. The % NNPA stood at 0.6% against 0.41% a year ago and 0.79% a quarter ago. Provision coverage ratio increased to 79.90% as on June 11 compared to 75.67% as at end of March 11. The outstanding restructured assets at end of June 11 stood atRs. 3059 crore, of which Rs. 312 crore turned to NPA's. Business Highlights: Total business of the bank has improved 26% y-o-y and 3% q-o-q to Rs. 232558 crore for the quarter ended June 11. Gross Credit has inched up by 30% y-o-y and 4% q-o-q to Rs.98740 crore at end of June 2011. Market share of the bank in credit has also inched up to 2.39% against 2.23% a quarter ago and 2.14% a year ago. Total disbursements under retail credit increased 25% to Rs. 677 crore. Priority sector Credit grew by 27% to Rs. 31404 crore while that of agri credit grew 17% to Rs. 13565 crore. Credit to MSE grew by 60% to Rs.13666 crore and that of MSME by 55% to Rs. 10498 crore. Deposits grew by 1% q-o-q and 24% y-o-y to Rs. 133818 crore at end of June 11. Market share of the bank in deposits stood increased to 2.41% against 2.31% a quarter ago. CASA deposits grew 16% y-o-y and slipped 3% q-o-q to Rs. 42855 crore at end of June 11. Resultantly, CASA ratio slipped to 32.17% against 34.42% a year ago and 33.70% a quarter ago. Credit deposit ratio rose to 74.12% at end of June 11 against 70.30% in the corresponding previous year. Cost of deposits inched up to 7.01% at end of June 11 against 5.83% at end of March 11 and 5.60% at end of June 10. Yield on advances also inched up to 11.58% against 10.50% at end of March 11 and 10.32% at end of June 10. NIM improved to 3.40% in quarter under review against 3.38% a quarter ago and 3.10% a year ago. Capital Adequacy ratio stood at 12.75% with Tier I capital of 8.55% at end of June 11 against 12.96% with Tier I capital of 8.57% at end of March 11. Risk Weighted Assets at end of quarter stood at Rs. 97285 crore. RWA to working funds stood at 62.74% against 60.92% at end of March 11 and 64.05% at end of June 10. Investment book has improved by 25% y-o-y and 5% q-o-q toRs. 45696 crore at end of June 11. The Breakup of the book is HTM Rs. 31532 crore, AFS Rs. 13835 crore and HFT Rs. 328 crore. The total duration of the book is 4.94 years while modified duration 4.94 years. SLR % stood at 29.97% while HTM to SLR is 81.84%. Yield on investment has increased to 7.57% against 7.04% a quarter ago and 6.84% a year ago. Business per employee surged to Rs. 11.09 crore at end of June 11 against Rs. 8.83 crore in the corresponding previous year. Business per branch has increased to Rs. 11.09 crore againstRs. 8.83 crore in the corresponding previous year. The total branches at end of June 11 stood at 2416 against 2415 at end of March 11. Quarterly Performance: For the quarter ended June 11, the bank has reported 38% increase in the NII at Rs. 1175.55 crore owing to 48% increase in the Interest earned at Rs. 3549.84 crore and 53% increase in the Interest expended at Rs. 2374.29 crore. Interest on advances increased by 49% to Rs. 2699 crore while that of interest paid on deposit grew by 54% to Rs. 2234 crore. Cost of deposits inched up by 141 bps and that of yield on advances rose up by 126 bps in the quarter under review. On the other hand, spread has increased by 6 bps and pushed NIM up to 3.40% against 3.10% a year ago and 3.38% a quarter ago. Fee based income has inched up by 21.5% to Rs. 207 crore. However trading profit income slipped by 72% to Rs. 26 crore and totaled other income down by 4% to Rs. 285.93 crore. The other income to net total income slipped to 170 bps to 11.9%. The Employee cost has inch up 34% to Rs. 382.19 crore in quarter under review. The bank has provided provision for pension and gratuity for the quarter at Rs. 37.40 crore being 1/4th of Rs. 149.54 crore. The other operating expenses inched up by 19% to Rs. 189.67 crore, totaling Operating expenses up by 29% to Rs. 571.86 crore. The cost to income ratio has inched up by 50 bps to 39.1% and led Operating Profit up by 26% to Rs. 889.62 crore. The provisions and contingencies have more than doubled at Rs.319.67 crore (up by 112%) owing to huge increase in the provisions for bad and doubtful debts and depreciation on Investments. The bank has provided Rs. 112.88 crore on depreciation on investment (Rs 1.95 crore in the corresponding previous year), Bad and Doubtful debts Rs. 165.57 crore (Rs 70 crore in the corresponding previous quarter). The provisions on standard advances have also increased to Rs. 45.11 crore (against Rs. 12.65 crore). Resultantly, growth in PBT was curtailed to a lower single digit growth of 3% toRs. 569.95 crore. However, whooping 1060 bps decline in effective tax rate at 26.6% has led Net Profit up by 20% to Rs. 418.13 crore. Yearly Performance: For the year ended March 11, Allahabad bank has reported 18% increase in Net Profit at Rs. 1423.11 crore over 52% increase in the NII at Rs. 4022.47 crore. The other income declined by 10% to Rs.1370.41 crore owing to 72% dip in the trading profits at Rs. 160 crore. The Operating expenses grew by 45% to Rs. 2338.30 crore and paved cost to income ratio by 450 bps to 43.4%. Thus Operating profit grew by 20% to Rs. 3054.58 crore. Finally after accounting 22% increase in provisions and contingencies at Rs.1631.47 crore, Net profit was up by 18%. Other Information: The Scrip is hovering at Rs. 218.05 on BSE. Considering EPS of Rs. 35.1, PE stands at 6.2 times. At Book value per share of Rs. 169.27 and Adjusted Book Value per share of Rs. 140.9 at end of June 2011, the P/BV and P/ABV works out to be 1.3 and 1.5 respectively. Allahabad Bank: Financial Results Particulars 1106 (3) 1006 (3) Var % 1103 (12) 1003 (12) Var % Interest Earned 3549.84 2403.12 48 11014.69 8369.20 32 Interest Expended 2374.29 1552.78 53 6992.22 5718.72 22 Net Interest Income 1175.55 850.34 38 4022.47 2650.48 52 Other Income 285.93 298.56 -4 1370.41 1515.90 -10 Net Total Income 1461.48 1148.90 27 5392.88 4166.38 29 Operating Expenses 571.86 444.32 29 2338.30 1617.83 45 Operating Profits 889.62 704.58 26 3054.58 2548.55 20 Provisions & Contingencies 319.67 151.05 112 1123.87 776.93 45 Profit Before Tax 569.95 553.53 3 1930.71 1771.62 9 Provision for tax 151.82 206.39 -26 507.60 565.29 -10 Net Profit 418.13 347.14 20 1423.11 1206.33 18 EPS*(Rs) 35.1 29.2 29.9 25.3 * Annualized on current equity of Rs. 476.22 crore. Face Value: Rs.10 Figures in Rs. crore. Source: Capitaline Corporate Database

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RTET 2011 ADMIT CARD By Name Mobile no Wise www.rtet2011.com BOARD OF SECONDARY EDUCATION RAJASTHAN, AJMER Rajasthan Teacher Eligibility Test 2011

RTET 2011 ADMIT CARD By Name Mobile no Wise BOARD OF SECONDARY EDUCATION RAJASTHAN, AJMER Rajasthan Teacher Eligibility Test 2011 www.rtet2011.com

BOARD OF SECONDARY EDUCATION RAJASTHAN, AJMER

Rajasthan Teacher Eligibility Test [RTET] - 2011

RTET 2011 ADMISSION CARD

RTET 2011 ADMIT CARD

Income Certificate Copy of Letter of Principal Secretary of School Education Govt. of Rajasthan
17 June, 2011

Notification of N.C.T.E. 23^rd Aug, 2010 N.C.T.E. Guideline of TET RTET 2011 सामान्य दिशा-निर्देश RTET 2011 General Guidance and Instructions Syllabus For Level - I Syllabus For Level - II

RTET 2011 Admission Card By Application/Challan Number

By Mobile Number By Name, Father Name and Date Of Birth

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