Abridged Balance Sheet and Working results for the year 2021-22

THE MAHARASHTRA STATE CO-OPERATIVE BANK LTD: MUMBAI
(INCORPORATING THE VIDARBHA CO-OP. BANK LTD.)
SCHEDULED BANK

Abridged Balance Sheet and Working results
(₹ in lakh)
PARTICULARS Previous Year 31-Mar-2021 Current Year 31-Mar-2022
Balance Sheet
Share Capital 61888.75 54435.48
Reserves & Surplus 501798.71 608515.87
Deposits 2030761.72 2106684.01
Borrowings 828346.59 813039.17
Other Liabilities 98006.79 108055.80
Total Liabilities 3520802.56 3690730.33
Cash and Bank Balances 131500.28 132424.91
Investments 928450.53 819524.32
Loans and Advances 2329453.65 2596035.41
Other Assets 131398.10 142745.69
Total Assets 3520802.56 3690730.33
Profit & Loss Account
Interest Income 226395.88 256769.29
Other Income 15824.68 13986.86
Total Income 242220.56 270756.15
Interest Expenditure 140318.33 104077.00
Other Expenditure 65461.55 106399.32
Total Expenditure 205779.88 210476.32
Profit 36440.68 60279.83
Other Working Results
CD Ratio (%) 73.93% 84.64%
Recovery Performance (%) (as on June) 83.79% ----
Gross NPAs 271045.70 284566.16
Net NPAs 25045.70 0.00
% of Gross NPAs to total Advances 11.64% 10.96%
% of net NPAs to Net Loans 1.20% 0.00%
Capital Adequacy Ratio (%) 14.34% 15.70%
Net Worth 270347.23 322709.84
Coverage of Deposits under Deposits Insurance Scheme of DICGC
Period up to March 31, 2022 September 30, 2022
Deposits Assessable 403492.16 431682.76
Premium Amount Paid 242.10 259.01
Salient features of Deposit Insurance and Credit Guarantee Corporation (DICGC) scheme :
1. Each depositor of a Bank is insured upto a maximum of ₹ 5,00,000/- (Rupees Five Lakh) for both principal and interest amount held by him in the same right and same capacity.
2. The deposits kept in different branches of a Bank are aggregated for the purpose of insurance cover and a maximum amount of upto Rupees five lakhs.
3. The DICGC insures principal and interest upto a maximum amount of ₹ five lakhs.
4. For more details features of the scheme depositor may visit to DICGC Website :https://www.dicgc.org.in