Treasury Department

  • Mandatory Function :
  • Maintenance of minimum Cash Reserve Ratio (CRR) u/s 42 of Reserve Bank of India Act, 1934 & Statutory Liquidity Ratio (SLR) u/s 24 of Banking Regulation Act.1949 are prime responsibilities of Treasury Department

  • Money Market Operations :
  • The department monitors daily inflow-outflow of funds through current account with RBI and manage liquidity function of the Bank. Funds required are raised through CBLO/ Repo surplus if any are invested in CBLO/ Call/ Repo/Inter Bank deposits/Mutual funds/Commercial Paper/Certificate of Deposits to earn income.

  • Dealing in Government Securities & Foreign Currencies :
  • In line with maintaining adequate SLR, department trades in Government Securities, on NDS OM for exploring profit making opportunities. Total investment portfolio stood to INR 11414.20 Cr. as on March 2017 of which INR 4772.01 cr. invested in government Securities.

    Forex desk deals in major foreign currencies to support merchant business & in turn takes benefit of price fluctuations in the currencies to earn profit.

  • Servicing GAHs :
  • The Bank has 334 GILT Account Holders. Gilt Securities held on behalf of these constituents is INR 28629.91 cr. as on 31st March 2017.