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Transformational Network

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254 Annual Report 2015-16

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Particulars Year ended March

31, 2016

Year ended March

31, 2015

Risk free interest rates WR WR

Expected life 4 to 60 months 10 to 72 months

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44. Derivatives

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(` Millions)

No. Particulars Notional Value

(March 31, 2016)

Notional Value

(March 31, 2015)

A For Loan related exposures*

a) Forwards 76,712 7,023

b) Options 35,908 32,548

c) Interest rate swaps 251,356 186,990

Total 363,976 226,561

B For Trade related exposures*

a) Forwards 20,707 13,992

b) Options 26,082 6,605

c) Interest Rate Swaps - -

Total 46,789 20,597

C8QKHGJHGIRUHLJQFXUUHQF\ERUURZLQJ 340,036 370,962

D Unhedged foreign currency payables 51,537 75,877

E Unhedged foreign currency receivables 82,210 66,614

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