Page 329 - NHB AR 2020-21-3 complete- Print (1)
P. 329
42. Bifurcation of Interest on Loans and Advances
During the FY 2020-21, Bank has booked an amount of ` 4586.33 crore as Interest on
Loans and Advances. The details of interest received from types of loans and advances
are given as under:
S.No Particulars ₹ in Crore
01. Interest earned on Refinance 4,579.68
02. Interest earned on Direct Finance 5.95
03. Interest earned on Staff Loans 0.70
Total 4,586.33
43. Regrouping
Figures for the previous year have been re-grouped, wherever necessary, so as to make
them comparable with those of the current year.
44. Impairment of assets
In the opinion of the management, there is no material impairment of any of the Assets
of the Bank as per the Accounting Standards 28-Impairment of Assets.
45. Segment Reporting
The Bank’s operations predominantly comprise only one segment i.e. financial activities.
Hence, there are no separate reportable segments as per the Accounting Standard on
“Segment Reporting” (AS 17) issued by the Institute of Chartered Accountants of India.
46. Related Party Disclosures
a. List of Related Parties:
i) Key Managerial Personnel: Shri S.K. Hota
ii) India Mortgage Guarantee Corporation Private Limited (IMGC)
b. Transactions with Related Parties:
Name of Nature of Nature of Amount of Outstanding
the Party Relationship Transaction transaction as on 30th
during the June, 2021
Sh. S.K. Hota Key Management Remuneration &
IMGC Personnel- benefits including year Nil
36.06 lakh
Managing Director perquisites
w.e.f. June 27, 2019
Substantial interest in Equity Capital Nil ` 76.00 crores
the Share Capital Contribution
Annual Report 2020-21 | 309
During the FY 2020-21, Bank has booked an amount of ` 4586.33 crore as Interest on
Loans and Advances. The details of interest received from types of loans and advances
are given as under:
S.No Particulars ₹ in Crore
01. Interest earned on Refinance 4,579.68
02. Interest earned on Direct Finance 5.95
03. Interest earned on Staff Loans 0.70
Total 4,586.33
43. Regrouping
Figures for the previous year have been re-grouped, wherever necessary, so as to make
them comparable with those of the current year.
44. Impairment of assets
In the opinion of the management, there is no material impairment of any of the Assets
of the Bank as per the Accounting Standards 28-Impairment of Assets.
45. Segment Reporting
The Bank’s operations predominantly comprise only one segment i.e. financial activities.
Hence, there are no separate reportable segments as per the Accounting Standard on
“Segment Reporting” (AS 17) issued by the Institute of Chartered Accountants of India.
46. Related Party Disclosures
a. List of Related Parties:
i) Key Managerial Personnel: Shri S.K. Hota
ii) India Mortgage Guarantee Corporation Private Limited (IMGC)
b. Transactions with Related Parties:
Name of Nature of Nature of Amount of Outstanding
the Party Relationship Transaction transaction as on 30th
during the June, 2021
Sh. S.K. Hota Key Management Remuneration &
IMGC Personnel- benefits including year Nil
36.06 lakh
Managing Director perquisites
w.e.f. June 27, 2019
Substantial interest in Equity Capital Nil ` 76.00 crores
the Share Capital Contribution
Annual Report 2020-21 | 309
