Notes forming part of the financial results for the Quarter Ended 30.06.2006.

1.  The above results have been taken on record by the Board at its meeting held on 28-07-2006. The same has been subjected to limited review by Statutory Central Auditors, as per the Listing Agreements.

2.  There has been no change in the Accounting Policies adopted during the quarter ended 30th June 2006 as compared to those followed in the immediately preceding financial year 2005-06.

3.  Reconciliation / balancing of debit and credit outstanding entries in various heads of accounts, included in Inter Office Adjsutments, NOSTRO, Drafts / TTs payablle, Clearing Adjustments (including interse the Bank's Overseas Branches and those Position Maintaining Offices in India), Dividend / Interest / Refund Orders Paid / Payable etc. is in progress.

4.  The financial results for the Quarter ended 30.06.06 have been arrived at after considering provision for NPAs, Standard Assets and depreciation/provision for Investments on the basis of prudential norms issued by RBI. Provision for taxes (including Deferred tax and Fringe Benefit tax) and contingencies including for retirement benefits viz., gratuity, pension, leave encashment benefit of employees etc., have been considered on estimated basis.

5.  In terms of RBI Guidelines, the bank has, during the quarter ended June 06, transferred a portion 'of Govt. Securities (SLR) kept in "Available for Sale" category to "Held to Maturity" category. The resultant net depreciation of Rs.115.31 crores has been charged to the Profit and Loss A/c.

6.  During the quarter ended June 06, Tier II bonds amounting to Rs.490.90 crores have been redeemed.

7.  During the quarter ended 30th June 2006, the bank has annulled the forfeiture of 100 equity shares

8. Status of Investor's complaints :

1. Pending at the beginning of the quarter    Nil
2. Received during the quarter        40
3. Disposed off during the quarter      40
4. Pending at the close of the quarter    Nil

9.  The figures of previous period have been regrouped / rearranged, wherever necessary, to correspond to current period classification.

SEGMENT REPORTING FOR THE QUARTER ENDED 30.06.2006

Part A -	Business Segments
Sr. No.	Particulars	Quarter Ended	Quarter Ended	Full Year ended
		30.06.2006	30.06.2005	31.03.2006
		(Reviewed)	(Reviewed)	(Audited)
1	Segment Revenue
	(a) Treasury Operations	934.89	936.68	3919.70
	(b)Other Banking Operations	1362.73	945.33	4371.99
	Total	2297.62	1882.01	8291.69
2	Segment Results
	(a) Treasury Operations	(67.14)	(48.81)	152.31
	(b) Other Banking Operations	259.87	278.54	1,111.35
	Total	192.73	229.73	1,263.66
	Unallocated expenditure	(57.70)	31.26	149.06
	Profit before Tax	250.43	198.47	1114.60
	Provision for Tax	87.11	41.53	287.64
	Net Profit	163.32	156.94	826.96
3	Other Information
	Segment Assets
	(a) Treasury Operations	47036.94	44282.97	44592.62
	(b) Other Banking Operations	70403.78	49189.75	66917.79
	Total	119508.95	94883.80	113392.53
	Unallocated Assets	2068.23	1411.08	1882.12
	Total	119508.95	94883.80	113392.53
	Segment Liabilities
	a) Treasury Operations	46812.01	43677.26	44446.51
	(b) Other Banking Operations	61766.21	42908.38	55835.74
	Total	108578.22	86585.64	100282.25
	Unallocated Liabilities	10930.73	8298.16	13110.28
	Total	119508.95	94883.80	113392.53

1. As per guidelines of RBI on compliance with Accounting Standards, Bank has adopted "Treasury Operations" and "Other Banking Opertions" as Primary business segments and "Domestic" and "International" as secondary / geographic segments for the purpose of compliance with AS-17 on Segment Reporting issued by ICAI.
   
   
2. In determining the segment results, the funds transfer price mechanism followed by the the bank has been used.
   
   
3. Segment revenue represents revenue from external customers.