Page 325 - NHB AR 2020-21-3 complete- Print (1)
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36.4 As on June 30, 2021, the Bank has an outstanding borrowing of SDR 55.194 million
equivalent to ` 585.19 crore (after revaluation) from World Bank, under “Low Income
Housing Finance” project. The Bank has hedged in USD, 82.24 million.
36.5 As on June 30, 2021, the Bank has an outstanding borrowing of Euro 85.714 million from
AFD, under SUNREF housing programme. The borrowing is fully hedged.
36.6 During the year the Bank has recognized net loss of`6.64 crores on revaluation of foreign
deposits and borrowings in the Profit and Loss Account and has been shown under
head ‘‘Exchange Loss/(Gain)’.
36.7 During the year, Bank has recognised net loss of `14.94 crore on account of revaluation
of Principal only Swap (PoS) & forward contracts which is shown under Profit and Loss
Account as ‘Exchange Loss/(Gain)’.
36.8 Net loss of `21.58 crore on account of Para 16.6 & 16.7 has been considered and shown
in the Profit and Loss Account as ‘Exchange Loss/(Gain)’.
37. Other Expenditure
The break-up of other expenditure shown in the Profit and Loss Accounts is as under:
Particulars 2019-20 2020-21
1. Repair and Maintenance 2.87 4.92
2. Research and Development 0.01 0.38
3. GST Expense 2.24 1.12
4. Conveyance Expense 0.47 2.41
5. Professional Fee 4.69 1.81
6. Conference Expense 0.09 0.13
7. Hospitality Expense 0.00 0.00
8. Expenses on IT related services 2.96 3.41
9. Payment to outsourced services 4.40 5.26
10. Security Service Expense 1.24 1.21
11. Others 7.20 6.07
Total 26.17 26.72
*12.Corporate Social Responsibility Expenses 2.50 1.00
*CSR Expenses although shown as separate line item in P&L, it forms part of Other
Expenses.
Annual Report 2020-21 | 305
equivalent to ` 585.19 crore (after revaluation) from World Bank, under “Low Income
Housing Finance” project. The Bank has hedged in USD, 82.24 million.
36.5 As on June 30, 2021, the Bank has an outstanding borrowing of Euro 85.714 million from
AFD, under SUNREF housing programme. The borrowing is fully hedged.
36.6 During the year the Bank has recognized net loss of`6.64 crores on revaluation of foreign
deposits and borrowings in the Profit and Loss Account and has been shown under
head ‘‘Exchange Loss/(Gain)’.
36.7 During the year, Bank has recognised net loss of `14.94 crore on account of revaluation
of Principal only Swap (PoS) & forward contracts which is shown under Profit and Loss
Account as ‘Exchange Loss/(Gain)’.
36.8 Net loss of `21.58 crore on account of Para 16.6 & 16.7 has been considered and shown
in the Profit and Loss Account as ‘Exchange Loss/(Gain)’.
37. Other Expenditure
The break-up of other expenditure shown in the Profit and Loss Accounts is as under:
Particulars 2019-20 2020-21
1. Repair and Maintenance 2.87 4.92
2. Research and Development 0.01 0.38
3. GST Expense 2.24 1.12
4. Conveyance Expense 0.47 2.41
5. Professional Fee 4.69 1.81
6. Conference Expense 0.09 0.13
7. Hospitality Expense 0.00 0.00
8. Expenses on IT related services 2.96 3.41
9. Payment to outsourced services 4.40 5.26
10. Security Service Expense 1.24 1.21
11. Others 7.20 6.07
Total 26.17 26.72
*12.Corporate Social Responsibility Expenses 2.50 1.00
*CSR Expenses although shown as separate line item in P&L, it forms part of Other
Expenses.
Annual Report 2020-21 | 305
