Bank of baroda

2004
2005
(in Rs. million)
Interest and Discount on advances/bills
14,805.28
17,899.24
Income on Investment
15,109.56
15,394.34
Interest on balance with RBI and other Inter Bank Lending
1,253.86
1,344.74
Others
734.88
238.06
Total interest income
31,903.59
34,876.38
Interest and discount on advances and bills increased by 20.90% from Rs. 14,805.28 million in the six months ended
September 30, 2004 to Rs. 17,899.24 million in the six months ended September 30, 2005. This increase was primarily
due to a 30.87% increase in advances by the Parent in six Months ended September 30, 2005 on half-year on half-year
basis .
Income from investments increased by 1.88% from Rs. 15,109.56 million in the six months ended September 30, 2004 to
Rs. 15,394.34 million in the six months ended September 30, 2005. This increase was primarily due to an increase in
average investments of parent partially offset by a decrease in market interest rates.
Interest on balances with RBI and other inter- bank lending increased by 7.26% from Rs. 1,253.86 million in the six
months ended September 30, 2004 to Rs. 1344.74.00 million in the six months ended September 30, 2005. This increase
was due to higher inter-bank placements during the six months ended September 30 2005, especially in overseas
placements.
Interest Expense
Our interest expense increased by 6.61% from Rs. 17,614.59 million in six months ended September 30, 2004 to Rs.
18,780.16 million in six months ended September 30, 2005, primarily due to higher average cost of deposits of the
Parent.
Our other interest expense decreased marginally from Rs. 1,057.03 million in six months ended September 30, 2004 to
Rs. 1020.59 million in six months ended September 30, 2005.
Other Income
Our other income decreased by 27.21% from Rs. 7,817.23 million in six months ended September 30, 2004 to Rs.
5,690.12 million in six months ended September 30, 2005. The following table sets forth the components of our other
income: