ICICI Bank 2012 Annual Report Download - page 101

F23
10. Repurchase transactions
The following table sets forth, the details of securities sold and purchased under repo and reverse repo transactions
respectively including transactions under Liquidity Adjustment Facility (LAF).
` in million
Minimum
outstanding
balance
during the
Maximum
outstanding
balance
during the
Daily average
outstanding
balance
during the
Outstanding
balance at
March 31,
2012
Year ended March 31, 2012
Securities sold under Repo and LAF
i) Government Securities ........................................ 1.3 169,551.0 67,461.6 169,551.0
ii) Corporate Debt Securities .................................... — 645.0 5.3 —
Securities purchased under Reverse Repo and LAF
i) Government Securities ........................................ — 36,750.0 1,524.6 2,630.0
ii) Corporate Debt Securities .................................... — — — —
1. Amounts reported are based on face value of securities under repo and reverse repo and LAF.
The following table sets forth, the details of securities sold and purchased under repo and reverse repo.
` in million
Minimum
outstanding
balance
during the
Maximum
outstanding
balance
during the
Daily average
outstanding
balance
during the
Outstanding
balance at
March 31,
2011
Year ended March 31, 2011
Securities sold under Repo
i) Government Securities ....................................... 1.1 214,553.6 41,177.3 1.2
ii) Corporate Debt Securities ................................... — — — —
Securities purchased under Reverse Repo
i) Government Securities ....................................... — 7,817.1 282.2 124.0
ii) Corporate Debt Securities ................................... — 250.0 3.4 —
1. Amounts reported are based on face value of securities under repo and reverse repo.
The transactions with RBI under LAF are accounted for as borrowing and lending transactions from the three months
ended March 31, 2012. If the Bank had continued to account for LAF transactions as “sale and purchase” at March 31,
2012, the investments would have been lower by ` 168,000.0 million and the borrowings would have been lower by
` 168,000.0 million.
11. Investments
The following table sets forth, for the periods indicated, the details of investments and the movement of provision held
towards depreciation on investments of the Bank.
` in million
Particulars At
March 31, 2012
At
March 31, 2011
1. Value of Investments
(i) Gross value of investments
a) In India .................................................................................................... 1,539,777.2 1,272,423.9
b) Outside India ........................................................................................... 81,826.4 94,499.8
(ii) Provision for depreciation
a) In India .................................................................................................... (25,565.7) (19,483.1)
b) Outside India ........................................................................................... (437.5) (581.0)
(iii) Net value of investments
a) In India .................................................................................................... 1,514,211.5 1,252,940.8
b) Outside India ........................................................................................... 81,388.9 93,918.8
2. Movement of provisions held towards depreciation on investments
(i) Opening balance ........................................................................................... 20,064.1 12,161.1
(ii) Add: Provisions made during the year ........................................................ 8,129.7 8,612.71
(iii) Less: Write-off/(write back) of excess provisions during the year .............. (2,190.6) (709.7)
(iv) Closing balance ............................................................................................. 26,003.2 20,064.1
1. Includes provision created at the time of acquisition of investments from erstwhile The Bank of Rajasthan on amalgamation.
forming part of the Accounts (Contd.)
schedules