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Date : May 11, 1999

Table 49: Earnings and Expenses of Scheduled Commercial Banks - 1996-97 (Part 8 of 26)

FOREIGN BANKS

								(Amount in Rs. lakh)
			For the year ended 31st March
Items			Chase Manhatane		Cho Hung		Citibank		Commerz Bank
			Bank		Bank
			1996	1997	1996	1997	1996	1997	1996	1997
			(23)	(24)	(25)	(26)	(27)	(28)	(29)	(30)
Income

I.	Interest earned		264	258		559	89202	108764	177	2217
	a)	Interest/discount on advances/bills	72	11		239	56908	69652	96	1990
	b)	Income on investments	37	225		229	27343	28116	1	220
	c)	Interest on balances with RBI and other	154	21		90	4864	9653	80	7
		inter-bank funds
	d)	Others	1	1		-	87	1343	-	-

II.	Other income		315	281		89	32105	35275	53	755
	a)	Commission, exchange, brokerage, etc.	302	176		26	21762	27606	11	530
	b)	Net profit (loss) on sale of investments	(11)	20		-	5197	2983	-	6
	c)	Net profit (loss) on revaluation of investments	(4)	-		-	-	-	-	-
	d)	Net profit (loss) on sale of land, building	2	-		-	-	-	-	-
		& other assets
	e)	Net profit (loss) on exchange transaction	26	(26)		36	5147	4421	42	218
	f)	Miscellaneous income	-	111		27	-	266	-	1
	Total (I+II)		578	538		649	121307	144039	229	2972

Expenditure & Provisions

III.	Interest expended		5	18		29	54074	66086	22	1067
	a)	Interest on deposits	4	2		5	39985	53412	1	433
	b)	Interest on RBI/inter-bank borrowings	-	16		13	4547	3704	19	569
	c)	Others	-	-		10	9542	8970	3	66

IV.	Operating expenses		915	475		379	28348	36899	638	1804
	a)	Payments to and provisions for employees	310	100		98	5186	7291	157	584
	b)	Rent, taxes and lighting	116	98		123	2544	3010	156	507
	c)	Printing and stationery	13	8		6	1104	1400	7	20
	d)	Advertisement and publicity	1	-		2	3112	4934	11	6
	e)	Depreciation on Bank's property	143	91		89	1682	2148	64	150
	f)	Directors' fees, allowances and expenses	-	-		-	6	10	-	2
	g)	Auditors' fees and expenses	2	2		2	25	30	2	2
	h)	Law charges	3	3		3	282	459	-	13
	i)	Postage, telegrams, telephones, etc.	156	87		12	1865	2176	16	74
	j)	Repairs and maintenance	13	20		5	1439	1460	4	39
	k)	Insurance	1	3		2	827	1132	1	10
	l)	Other expenditure	157	65		36	10276	12849	220	400

V.	Provisions and contingencies		2	18		122	21397	35581	-	51

	Total expenses		922	511		530	103818	138566	661	2923

VI.	Profit (loss)		(344)	27		119	17489	5472	(432)	49
Total (III+IV+V+VI)			578	538		649	121307	144039	229	2972

								(Amount in Rs. lakh)
			For the year ended 31st March
Items			Credit Lyonnais		Deutsche Bank		Development Bank		Dresdner Bank
							of Singapore
			1996	1997	1996	1997	1996	1997	1996	1997
			(31)	(32)	(33)	(34)	(35)	(36)	(37)	(38)
Income

I.	Interest earned		11124	11809	22307	31119	898	1349	879	3904
	a)	Interest/discount on advances/bills	8419	8953	16415	23690	777	1161	621	1473
	b)	Income on investments	2158	2259	4871	6318	93	127	93	769
	c)	Interest on balances with RBI and other	502	558	990	890	29	62	166	1662
		inter-bank funds
	d)	Others	45	39	31	221	-	-	-	-

II.	Other income		1899	4058	7421	10684	152	255	(27)	548
	a)	Commission, exchange, brokerage, etc.	1028	883	3962	5794	152	256	16	131
	b)	Net profit (loss) on sale of investments	409	178	(336)	846	-	-	-	-
	c)	Net profit (loss) on revaluation of investments	-	-	-	-	-	-	-	-
	d)	Net profit (loss) on sale of land, building	-	-	5	6	-	(3)	(4)	1
		& other assets
	e)	Net profit (loss) on exchange transaction	333	2918	3762	4020	-	-	(39)	410
	f)	Miscellaneous income	129	79	28	17	-	1	-	6
	Total (I+II)		13023	15867	29729	41803	1051	1604	853	4451

Expenditure & Provisions

III.	Interest expended		9654	11169	12906	13992	574	728	675	3216
	a)	Interest on deposits	7593	9479	6994	11199	108	313	286	1079
	b)	Interest on RBI/inter-bank borrowings	1570	1296	3868	2400	466	414	389	2138
	c)	Others	491	394	2044	393	-	-	-	-

IV.	Operating expenses		1176	1529	7190	8966	298	410	1134	1379
	a)	Payments to and provisions for employees	348	431	1696	2566	120	148	308	331
	b)	Rent, taxes and lighting	85	133	336	484	42	55	176	299
	c)	Printing and stationery	25	27	103	195	3	4	9	10
	d)	Advertisement and publicity	4	44	68	166	3	10	1	1
	e)	Depreciation on Bank's property	70	90	827	1143	29	51	218	175
	f)	Directors' fees, allowances and expenses	1	1	8	4	-	-	-	2
	g)	Auditors' fees and expenses	1	1	3	5	1	-	1	2
	h)	Law charges	1	2	2	5	2	1	-	-
	i)	Postage, telegrams, telephones, etc.	68	95	209	366	14	18	32	77
	j)	Repairs and maintenance	11	28	375	549	2	4	23	4
	k)	Insurance	40	43	98	124	2	4	4	-
	l)	Other expenditure	522	634	3464	3360	80	117	363	478

V.	Provisions and contingencies		1321	1676	7360	12743	82	231	-	12

	Total expenses		12151	14375	27456	35701	953	1369	1809	4608

VI.	Profit (loss)		871	1493	2273	6101	97	235	(956)	(156)
Total (III+IV+V+VI)			13023	15867	29729	41803	1051	1604	853	4451

								(Amount in Rs. lakh)
			For the year ended 31st March
Items			Grindlays		Hongkong & Shanghai		International		Mashreq
			Bank		Bank		Netherlandene Bank		Bank
			1996	1997	1996	1997	1996	1997	1996	1997
			(39)	(40)	(41)	(42)	(43)	(44)	(45)	(46)
Income

I.	Interest earned		71992	93541	53192	59699	1602	4212	5367	5800
	a)	Interest/discount on advances/bills	43011	61817	30716	37214	1015	2765	4058	4487
	b)	Income on investments	24006	26401	18005	19757	507	1019	1082	1053
	c)	Interest on balances with RBI and other	4196	4184	3569	2624	78	416	221	230
		inter-bank funds
	d)	Others	780	1139	902	105	1	13	7	29

II.	Other income		15681	17917	13404	14065	570	1446	(418)	(364)
	a)	Commission, exchange, brokerage, etc.	8712	11594	6271	8539	331	1111	246	308
	b)	Net profit (loss) on sale of investments	1248	89	150	96	115	170	28	20
	c)	Net profit (loss) on revaluation of investments	-	-	-	-	-	-	-	-
	d)	Net profit (loss) on sale of land, building	22	(14)	(2)	(50)	-	-	(1)	-
		& other assets
	e)	Net profit (loss) on exchange transaction	5509	6060	6798	5093	124	165	(744)	(750)
	f)	Miscellaneous income	191	187	188	388	-	-	53	58
	Total (I+II)		87673	111457	66596	73764	2172	5658	4949	5435

Expenditure & Provisions

III.	Interest expended		48854	61818	30226	38494	1734	2241	3035	3294
	a)	Interest on deposits	34077	48982	26214	37793	292	698	2270	2554
	b)	Interest on RBI/inter-bank borrowings	14257	11688	3722	646	1176	1450	765	740
	c)	Others	521	1147	289	55	265	93	-	-

IV.	Operating expenses		21588	29827	14208	16302	867	1354	629	1097
	a)	Payments to and provisions for employees	11051	17739	5315	5628	313	508	178	285
	b)	Rent, taxes and lighting	1748	1884	542	949	40	66	136	236
	c)	Printing and stationery	604	655	428	461	12	19	40	23
	d)	Advertisement and publicity	626	1513	463	785	22	15	2	210
	e)	Depreciation on Bank's property	1333	1570	2078	2242	119	141	32	47
	f)	Directors' fees, allowances and expenses	49	51	8	11	-	2	-	1
	g)	Auditors' fees and expenses	30	24	11	12	5	4	2	2
	h)	Law charges	369	234	25	21	-	-	3	6
	i)	Postage, telegrams, telephones, etc.	1222	991	717	959	63	88	8	20
	j)	Repairs and maintenance	1105	1244	708	708	23	43	40	13
	k)	Insurance	342	159	309	211	4	7	29	21
	l)	Other expenditure	3110	3763	3605	4315	267	461	158	232

V.	Provisions and contingencies		11319	10375	13097	10119	30	635	511	842

	Total expenses		81761	102020	57530	64916	2632	4229	4175	5234

VI.	Profit (loss)		5911	9437	9065	8848	(460)	(846)	774	202
Total (III+IV+V+VI)			87673	111457	66596	73764	2172	5658	4949	5435

Note	:	Figures in bracket indicate loss.
-	:	Nil or negligible.
Source	:	Annual accounts of banks.