ICICI Bank 2014 Annual Report Download - page 118
Download and view the complete annual report
Please find page 118 of the 2014 ICICI Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
 |
 |
F30
The following table sets forth, for the periods indicated, the details of provision for securitisation and direct assignment
transactions. ` in million
Particulars Year ended March
31, 2014
Year ended March
31, 2013
Opening balance .................................................................................................... 2,052.5 1,786.7
Additions during the year ................................................................................... 396.4 1,688.6
Deductions during the year ................................................................................ (1,616.9) (1,422.8)
Closing balance ................................................................................................... 832.1 2,052.5
The information on securitisation and direct assignment activity of the Bank as an originator as per RBI guidelines
“Revisions to the Guidelines on Securitisation Transactions” dated May 7, 2012 are given below.
a. The Bank, as an originator, had not sold any loan through securitisation after May 7, 2012.
b. The following table sets forth, for the periods indicated, the information on the loans sold through direct assignment
after May 7, 2012.
Particulars At
March 31, 2014
At
March 31, 2013
Total amount of assets sold through direct assignment during the year ended ...... —731.3
Total amount of exposures retained by the Bank to comply with Minimum
Retention Requirement (MRR)
a) Off-balance sheet exposures
•Firstloss .................................................................................................
•Others ....................................................................................................
—
—
—
—
b) On-balance sheet exposures
•Firstloss .................................................................................................
•Others ....................................................................................................
—
68.6
—
73.1
Overseas branch of the Bank, as an originator, has sold two loans through direct assignment amounting to ` 4,012.8
million during the year ended March 31, 2014 (March 31, 2013: Nil).
21. Financial assets transferred during the year to securitisation company (SC)/reconstruction company (RC)
The Bank has transferred certain assets to Asset Reconstruction Companies (ARCs) in terms of the guidelines issued by
RBI governing such transfer. For the purpose of the valuation of the underlying security receipts issued by the underlying
trusts managed by ARCs, the security receipts are valued at their respective NAVs as advised by the ARCs.
The following table sets forth, for the periods indicated, the details of the assets transferred.
` in million, except number of accounts
Year ended
March 31, 2014
Year ended
March 31, 2013
Number of accounts1............................................................................................ 24
Aggregate value (net of provisions) of accounts sold to SC/RC ........................ 1,508.6 82.9
Aggregate consideration ...................................................................................... 1,776.0 116.5
Additional consideration realised in respect of accounts transferred in earlier years2——
Aggregate gain/(loss) over net book value ......................................................... 267.4 33.6
1. Excludes accounts previously written-off.
2. During the year ended March 31, 2014, asset reconstruction companies have fully redeemed five security receipts. The Bank
incurred net loss ` 6.2 million (March 31, 2013: Nil).
22. Details of non-performing assets purchased/sold, excluding those sold to SC/RC
The Bank has not purchased any non-performing assets in terms of the guidelines issued by the RBI circular no. DBOD.
No.BP.BC.16/21.04.048/2005-06 dated July 13, 2005. The Bank has sold certain non-performing assets in terms of the
above RBI guidelines.
The following table sets forth, for the periods indicated, details of non-performing assets sold, excluding those sold to SC/RC.
` in million, except number of accounts
Year ended
March 31, 2014
Year ended
March 31, 2013
No. of accounts .................................................................................................... 12
Aggregate value (net of provisions) of accounts sold, excluding those sold to SC/RC
Nil 78.8
Aggregate consideration ...................................................................................... 199.0 100.1
Aggregate gain/(loss) over net book value ......................................................... 199.0 21.3
forming part of the Accounts (Contd.)
schedules