Provision Coverage Ratio as on September 30, 2011 works out to 63.50%. In accordance
with the guidelines issued by RBI vide their circular no.DBOD.No.BP.BC.87/21.04.048/2010-11
dated April 21, 2011 and the dispensation granted to the Bank, the Bank has made an
additional provision of Rs.1100 crores for the half year ended September 30, 2011 thus
achieving the required Countercyclical Provisioning Buffer of Rs.3430 crore as on
September 30, 2011 as per the above circular.
--Regards,
Prasanth KS
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