PILLAR 3 (BASEL III) DISCLOSURES AS ON 31.03.2014 CENTRAL BANK OF INDIA Table DF-1: Scope of Application (i) Qualitative Disclosures: The disclosure in this sheet pertains to Central Bank of India on solo basis. In the consolidated accounts (disclosed annually), bank’s subsidiaries/associates are treated as under a. List of group entities considered for consolidation Name of the entity / Country of incorporation Whether the entity is included under scope of (yes / no) Explain the method of consolidation Whether the entity is included under regulatory scope of (yes / no) Explain the method of Explain the reasons for difference in the method of Explain the reasons if consolidated under only one of the scopes of consolidation Cent Bank Home Finance Ltd./ India Yes Consolidation of the financial statements of subsidiaries in accordance with AS- 21. No NA NA Deduction of Investments from capital Cent Bank Financial Services Ltd./India Yes Consolidation of the financial statements of subsidiaries in accordance with AS- 21 No NA NA Deduction of Investments from capital on
Central Madhyapradesh GB/ India Yes Consolidation of the financial statements of subsidiaries in accordance with AS- 23 No NA NA Risk Weighted Assets Bihar Gramin Bank, Muzzaffarpur/ India Yes Consolidation of the financial statements of subsidiaries in accordance with AS- 23 No NA NA Risk Weighted Assets Uttarbanga Kshetriya Gram Bank, Cooch Bihar/ India Yes Consolidation of the financial statements of subsidiaries in accordance with AS- 23 No NA NA Risk Weighted Assets Indo-Zambia Bank Ltd. /Zambia. Yes Consolidation of the financial statements of subsidiaries in accordance with AS- 23 No NA NA Risk Weighted Assets
b. List of group entities not considered for consolidation both under the accounting and regulatory scope of consolidation Name of the entity / country of incorporation Principle activity of the entity Total balance sheet equity (as stated in the accounting balance sheet of the legal entity) % of bank’s holding in the total equity Regulatory treatment of bank’s investments in the capital instruments of the entity Total balance sheet assets (as stated in the accounting balance sheet of the legal entity) NO SUCH ENTITY (ii) Quantitative Disclosures: c. List of group entities considered for consolidation Name of the entity / country of incorporation (as indicated in (i)a. above) Principle activity of the entity Total balance sheet equity (as stated in the accounting balance sheet of the legal entity) Rs. in Mn Total balance sheet assets (as stated in the accounting balance sheet of the legal entity) Rs. in Mn Cent Bank Home Finance Ltd./ The main objective of the Company is to provide housing finance 250 5121 Cent Financial Services Providing investment banking products / services to corporate clients 50 424 Central Madhyapradesh GB/ India Regional Rural Bank 2464 68913 Bihar Gramin Bank, Muzzaffarpur/ India Regional Rural Bank 4545 129652
Quantitative disclosures (b) Capital requirements for credit risk: • Portfolios subject to standardized approach @9% • Securitization exposures : Rs. 145363 Mn NIL (c) Capital requirements for market risk: • Standardized duration approach; - Interest rate risk - Foreign exchange risk (including gold) - Equity risk Rs. 7866 Mn Rs. 41 Mn Rs. 3285 Mn (d) Capital requirements for operational risk: • Basic Indicator Approach Rs. 10047 Mn (e) Common Equity Tier 1, Tier 1and Total Capital ratios: • Common Equity Tier 1 Tier 1 Total Capital ratio 6.47% 7.37% 9.87% General qualitative disclosure requirement A committee of board of Directors regularly oversees the Bank’s Risk Management policies/practices under various risks viz. credit, operational, market etc. The bank also has separate committees for each risk comprising of top executives of bank headed by Chairman and
SERIES DETAILS PNCPS PNCPS Issuer CENTRAL BANK OF INDIA CENTRAL BANK OF INDIA CENTRAL BANK OF INDIA CENTRAL BANK OF INDIA Unique identifier (e.g. CUSIP, ISIN or Bloomberg identifier for private placement) INE483A04014 INE483A04022 INE483A04030 INE483A04048 Governing law(s) of the instrument Indian Laws Indian Laws Indian Laws Indian Laws Regulatory treatment Transitional Basel III rules Additional Tier 1 Additional Tier 1 Additional Tier 1 Additional Tier 1 III rules Ineligible Ineligible Ineligible Ineligible Eligible at solo/group/ group & solo Solo and Group Solo and Group Solo and Group Solo and Group Instrument type Perpetual Preference Shares Perpetual Preference Shares Perpetual Preference Shares Perpetual Preference Shares Amount recognized in regulatory capital (Rs. in million, as of most recent reporting date) 6400 936 3600 2000 Par value of instrument Rs. 10 per Rs. 10 per share Rs. 10 per share Rs. 10 per share Accounting classification Shareholder’s Equity Shareholder’s Equity Shareholder’s Equity Shareholder’s Equity Original date of issuance 13.11.2006 30.03.2009 31.03.2010 03.06.2010 Perpetual or dated Perpetual Perpetual Perpetual Perpetual Original maturity date N.A. N.A. N.A. N.A. cumulative cumulative cumulative
Issuer call subject to prior supervisory approval No No No No Optional call date, contingent call dates and redemption amount N.A. N.A. N.A. N.A. Subsequent call if applicable N.A. N.A. N.A. N.A. Coupons / dividends or floating Floating Floating Floating Floating Coupon rate and any related index Repo + 100 bps to be repriced every year on relevant dates Repo + 100 bps to be repriced every year on relevant dates Repo + 100 bps to be repriced every year on relevant dates Repo + 100 bps to be repriced every year on relevant dates Existence of a dividend stopper No No No No Fully discretionary, partially discretionary or mandatory Mandatory before payment of dividend on Equity shares. Mandatory before payment of dividend on Equity shares. Mandatory before payment of dividend on Equity shares. Mandatory before payment of dividend on Equity shares. Existence of step up or incentive to redeem No No No No or Noncumulative Noncumulative Noncumulative Noncumulative Convertible or Nonconvertible Nonconvertible Nonconvertible Nonconvertible If convertible, conversion trigger(s) N.A. N.A. N.A. N.A. If convertible, fully or partially N.A. N.A. N.A. N.A. convertible
If convertible, conversion rate N.A. N.A. N.A. N.A. If convertible, mandatory or optional conversion N.A. N.A. N.A. N.A. If convertible, specify instrument type into N.A. N.A. N.A. N.A. If convertible, specify issuer of instrument it converts into N.A. N.A. N.A. N.A. Write-down feature N.A. N.A. N.A. N.A. If write-down, write-down trigger(s) N.A. N.A. N.A. N.A. If write-down, full or partial N.A. N.A. N.A. N.A. If write-down, permanent or temporary N.A. N.A. N.A. N.A. If temporary description of write-up mechanism N.A. N.A. N.A. N.A. Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) All depositors and others Creditors, bonds. All depositors and others Creditors, bonds. All depositors and others Creditors, bonds. All depositors and others Creditors, bonds. transitioned features Yes Yes Yes Yes If yes, specify non-compliant features Not Basel III Loss absorbency features Not Basel III Loss absorbency features Not III Loss absorbency features Not Basel III Loss absorbency features
dates and redemption amount Subsequent call dates, if applicable N.A. N.A. Coupons / dividends Fixed or floating dividend/coupon Floating Fixed Coupon rate and any related index G.sec + 250 bps to be repriced year in March 9.40% p.a. Existence of a dividend stopper No No discretionary, partially discretionary or mandatory Mandatory Mandatory Existence of step up or other incentive to redeem No No Noncumulative or Noncumulative Noncumulative Convertible or Nonconvertible Nonconvertible If convertible, conversion trigger(s) N.A. N.A. If convertible, fully or partially N.A. N.A. If convertible, conversion rate N.A. N.A. If convertible, mandatory or optional conversion N.A. N.A. If convertible, specify instrument type convertible into N.A. N.A. If convertible, specify issuer of instrument it converts into N.A. N.A. Write-down feature Not Applicable Not Applicable If write-down, write-down trigger(s) N.A. N.A. If write-down, full or partial N.A. N.A.
If write-down, permanent or temporary N.A. N.A. If temporary description of write-up mechanism N.A. N.A. Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) All depositors and Creditors All depositors and other Creditors Non-compliant transitioned features Yes Yes If yes, specify features Not Basel III Loss absorbency features Fully derecognized, Not Basel III Loss absorbency features
If temporary write-down, description of write-up mechanism N.A. N.A. N.A. N.A. N.A. N.A. Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) All depositors and other creditors All depositors and other creditors All depositors and other creditors All depositors and creditors All depositors and other creditors All depositors and creditors Non-compliant transitioned features YES YES YES YES YES YES If yes, specify non-compliant features Step up, Not Basel III Loss absorbency features Step up, Not Basel III Loss absorbency features Step up, Not Basel III Loss absorbency features Step up, Not Basel III Loss absorbency features Step up, Not Basel III Loss absorbency features Not Basel III Loss absorbency features The main features of Subordinated Debt capital instruments are given below: SERIES DETAILS Lower Tier II Sr IX Lower Tier II Sr X Lower Tier II Sr XI Tier II Sr XII Lower Tier II Sr XIII Lower Tier II Sr XIV Issuer CENTRAL BANK OF INDIA Unique identifier (e.g. CUSIP, ISIN or Bloomberg identifier for private placement) INE483A09138 INE483A09146 INE483A09153 INE483A09161 INE483109187 INE483A09245 Governing law(s) of the instrument Indian Laws Indian Laws Indian Laws Indian Laws Indian Laws Indian Laws Regulatory treatment Transitional Basel III rules Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Post-transitional Basel III rules Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible Eligible at solo/group/ group & solo Solo and Group Solo and Group Solo and Group Solo and Solo and Group Solo and Group
Noncumulative or cumulative Noncumulative Noncumulative Noncumulative Noncumulative Noncumulative Noncumulative Convertible or Nonconvertible Nonconvertible Nonconvertible Nonconvertible Nonconvertible Nonconvertible If convertible, conversion trigger(s) N.A. N.A. N.A. N.A. N.A. N.A. If convertible, fully or partially N.A. N.A. N.A. N.A. N.A. N.A. If convertible, conversion rate N.A. N.A. N.A. N.A. N.A. N.A. If convertible, mandatory or optional conversion N.A. N.A. N.A. N.A. N.A. N.A. If convertible, specify instrument type convertible into N.A. N.A. N.A. N.A. N.A. N.A. If convertible, specify issuer of instrument it converts into N.A. N.A. N.A. N.A. N.A. N.A. Write-down feature Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable If trigger(s) N.A. N.A. N.A. N.A. N.A. N.A. If write-down, full or partial N.A. N.A. N.A. N.A. N.A. N.A. If write-down, permanent or temporary N.A. N.A. N.A. N.A. N.A. N.A. If temporary description of write-up mechanism N.A. N.A. N.A. N.A. N.A. N.A. Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) All depositors and other creditors All depositors and other creditors All depositors and other creditors All depositors and other creditors All depositors and other creditors All depositors and creditors
Non-compliant transitioned features YES YES YES YES YES YES If yes, specify features Not Basel III Loss absorbency features Not Basel III Loss absorbency features Not Basel III Loss absorbency features Not Basel III Loss absorbency features Not Basel III Loss absorbency features Not Basel III Loss absorbency features
The main features of BASEL III compliant Tier 2 Bonds are given below: BASEL III COMPLIANT TIER II BONDS SR I Issuer Unique identifier (e.g. CUSIP, ISIN or Bloomberg identifier for private placement) INE483A09260 Governing law(s) of the instrument Indian Laws Regulatory treatment Transitional Basel III rules Tier 2 Post-transitional Basel III rules ELIGIBLE Eligible at solo/group/ group & solo Solo and Group Instrument type Tier 2 Debt Instruments Amount recognised in regulatory capital (Rs. in million, as of most recent reporting date) 10000 Par of instrument Rs.1.00 Mn Accounting classification LIABILITY Original date of issuance 08.11.2013 Perpetual or dated Original maturity date 08.11.2023 Issuer call subject to prior supervisory approval No Optional call date, contingent call dates and redemption amount N.A. Subsequent call dates, if applicable N.A. Coupons / dividends Fixed or floating dividend/coupon Fixed Coupon rate and any related index 9.90% Existence of a dividend stopper No Fully discretionary, partially discretionary or mandatory Mandatory Existence of step up or other incentive to redeem No Noncumulative or cumulative Noncumulative Convertible or non-convertible Nonconvertible If convertible, conversion trigger(s) N.A. If convertible, fully or partially N.A. If convertible, conversion rate N.A.