Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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UTI Bank Limited (UTI)

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Monday 16 January, 2006

UTI Bank Limited

Results for the Q3 & 9M FY06

UTI Bank Limited
14 January 2006

                                    UTI Bank

  Regd. Office : 'Trishul', 3rd floor, Opp. Samartheshwar Temple, Law Garden,

                              Ahmedabad - 380 006.


Rs. In crores

       PARTICULARS        FOR THE QUARTER    FOR THE QUARTER        FOR THE            FOR THE         FOR THE YEAR   
                               ENDED              ENDED            NINE MONTHS        NINE MONTHS          ENDED      
                             31.12.2005         31.12.2004      ENDED 31.12.2005   ENDED 31.12.2004     31.03.2005    
                            (Unaudited)        (Unaudited)        (Unaudited)        (Unaudited)         (Audited) 

  1. Interest earned           746.70             491.25            2,056.14           1,368.11          1,924.16     
  (a) Interest/discount        393.19             244.80            1,068.40            692.11            978.77      
  on advances/bills                                                                                                   
  (b) Income on                335.84             233.44             941.24             614.27            867.60      
  (c) Interest on              11.10               6.53              28.19              24.47              32.04      
  balances with Reserve                                                                                               
  Bank of India and                                                                                                   
  other inter-bank                                                                                                    
  (d) Others                    6.57               6.48              18.31              37.26              45.75      
  2. Other Income              173.42             142.96             501.56             249.45            415.82      
  A. TOTAL INCOME (1+2)        920.12             634.21            2,557.70           1,617.56          2,339.98     
  3. Interest Expended         459.26             304.22            1,290.77            833.22           1,192.98     
  4. Operating expenses        204.66             150.54             571.17             418.67            581.38      
  (e) Payments to and          62.23              49.93              177.73             130.10            176.85      
  provisions for                                                                                                      
  (f) Other operating          142.43             100.61             393.44             288.57            404.53      
  B. TOTAL EXPENDITURE         663.92             454.76            1,861.94           1,251.89          1,774.36     
  (3)+(4) (Excluding                                                                                                  
  Provisions and                                                                                                      
  C. OPERATING PROFIT          256.20             179.45             695.76             365.67            565.62      
  (A-B) (Profit before                                                                                                
  Provisions and                                                                                                      
  D. Other Provisions          59.20              31.73              194.36             37.66              61.92      
  and Contingencies                    
  - of which provisions         9.22               2.64              105.70              5.13              3.04         
  for Non-performing                                                                                                  
  E. Provision for             65.29              46.57              168.05             109.97            169.12      
  F. Net Profit (C-D-E)        131.71             101.15             333.35             218.04            334.58      
  5. Paid-up equity            278.57             232.82             278.57             232.82            273.80      
  share capital                                                                                                       
  6. Reserves excluding                                                                                  2,134.39     
  revaluation reserves                                                                                                
  (as per balance sheet                                                                                               
  of previous                                                                                                         
  accounting year)                                                                                                    
  7. Analytical Ratios                                                                                                
  (i) Percentage of             NIL                NIL                NIL                NIL                NIL       
  Shares held by                                                                                                      
  Government of India                                                                                                 
  (ii) Capital Adequacy        11.58%             9.38%              11.58%             9.38%             12.66%      
  (iii) Earnings per                                                                                                  
  Share for the period                
  / year                              
  * Basic                       4.74               4.35              12.00               9.38              14.32        
  * Diluted                     4.65               4.30              11.78               9.26              14.06        
  (iv) (a) Amount of           431.84             377.79             431.84             377.79            324.77      
  Gross Non -performing                                                                                               
  (b) Amount of Net            248.46             216.28             248.46             216.28            226.08      
  Non-performing assets                                                                                               
  (c) % of Gross NPAs           1.63               2.26               1.63               2.26              1.53       
  (d) % of Net NPAs             0.95               1.30               0.95               1.30              1.07       
  (e) Return on Assets          1.24               1.40               1.13               1.13              1.21       
  8. Aggregate                                                                                                        
  - Number of shares        201,325,930        155,574,430        201,325,930        155,574,430        196,551,374     
  - Percentage of                                                                                                     
  shareholding                 72.27%             66.82%             72.27%             66.82%            71.79%        

Notes :

        1. The results above have been taken on record by the Board of Directors
        of the Bank at its meeting held at Mumbai today.

        2. 'Other income' includes gains from securities' transactions,
        commission earned from guarantees/letters of credit, fees earned from
        providing services to customers, selling of third party products and ATM
        sharing fees.

        3. With effect from 1st April, 2005, the Bank has recognized all fee
        income on accrual basis as against the earlier practice of accounting
        such income on receipt basis where it is less than 1% of the total
        income of the Bank. As a result of this change other income for the nine
        months ended 31st December, 2005 is higher by Rs. 5.46 crores.

        4. Pursuant to the change in provisioning requirement for standard
        assets from 0.25% to 0.40% as notified by RBI through its circular dated
        4th November 2005, the Bank has made an additional provision of Rs.
        25.20 crores during the quarter ended 31st December, 2005.

        5. Disclosure about investor complaints:

        Complaints at the     Received during    Disposed off     Unresolved as           
        beginning             the quarter        during the       on  
        of the quarter                           quarter          31.12.2005
              8                  140               143                5*              

            * Resolved in the first week of January 2006

        6. These results for the nine months ended 31st December, 2005, have
        been subjected to a 'Limited Review' by the Statutory Auditors of the

        7. Previous period figures have been regrouped and reclassified, where
        necessary, to make them comparable with current quarter figures.

Place : Mumbai                                            P.J. NAYAK 
Date : 13.01.2006                     CHAIRMAN & MANAGING DIRECTOR 

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                  

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