Bank of baroda

1,504.10
7,773.50
4,951.50
Other Restructured Assets
Standard Assets
6,746.60
2,452.60
2,409.30
Substandard Assets
82.50
695.70
243.40
Doubtful Assets
0.00
1,220.60
115.00
Total Other Restructured Assets
6,829.10
4,368.90
2,767.70
Total Restructured Assets
8,333.20
12,142.40
7,719.20

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254
BANK OF BARODA
Provisioning and Write-offs
Our policies on provisioning and write-offs of non-performing assets are consistent with those prescribed by the RBI
guidelines.
In addition to the provisions required by RBI guidelines, we also make additional provisions for NPAs such as float
provisions. As of March 31, 2005, out of our total provision for NPAs of Rs. 23,186 million, we have Rs.5,864 million in
excess of the required provision against NPA of Rs. 33,218 million. This loan loss coverage ratio as at March 31, 2004
for gross NPAs was 81.35% (the coverage ratio is calculated using our total provisions, Deposit Insurance and Credit
Guarantee Corporation/Export Credit Guarantee Corporation (DICGC/ECGC) claims received and held as coverage). This
has marginally decreased to 83.08% as on September 30, 2005. The table below shows the changes in our provisions
over the past three fiscal years.
(Rs. in million)
March 31,
2003
2004
2005
Opening Balance
20,528.10
20,048.20
18,133.70
ADD : Provisions made during
5,440.30
6,736.30
5,560.50
The year (including float provisions)
LESS : Write-off / write-back
5,920.20
8,650.80
6,372.20
during the year