Page 350 - NHB AR 2020-21-3 complete- Print (1)

1.3.8 Depreciation and provisions on investments (Amount in ` Crore)

Particulars 2020-21 2019-20
(1) Investments
(i) Gross Investments 4,599.13 3,907.04
(a) In India 4,599.13 3,907.04
(b) Outside India
(ii) Provisions for Depreciation - -
(a) In India 0.53 0.53
(b) Outside India 0.53 0.53
(iii) Net Investments
(a) In India - -
(b) Outside India 4,598.60 3,906.51
(2) Movement of provisions held towards depreciation 4,598.60 3,906.51
on investments
(i)Opening balance - -
(ii)Add: Provisions made during the year
(iii) Appropriation, if any, from Investment Fluctuation 0.53 0.53
Reserve Account during the year --
(iv) Less: Write off / write back of excess provisions --
during the year
(v) Less: Transfer, if any, to Investment Fluctuation --
Reserve Account
(vi) Closing balance --

1.3.9 Provisions and Contingencies 0.53 0.53

Break up of ‘Provisions and Contingencies’ shown (Amount in ` crore)
under the head Expenditure in Profit and Loss Account
Provisions for depreciation on Investment 2020-21 2019-20
Provision towards Non Performing Assets*
Provision made towards Income tax - -
Provision made towards Defered Tax 624.66 1,874.00
Provision for Standard Assets 252.00
Provisions for Bad Debt u/s 36(1)(viia)(c) of the Income (455.16) 341.00
Tax Act 1961 15.77 (85.00)
*Please refer to footnote of 1.3.1 above 53.00 (291.56)

64.60

325(f) | Annual Report 2020-21