NEWSLET

TER

Bank of India
Hyderabad Zone

V O L U M E 1
Tarangini
I S S U E 21 J A N U A R Y 1 , 2 0 12
SPECIAL
POINTS OF
INTEREST:

From ZM’s Desk —

 ZM’s Desk

Dear Colleagues and Friends,

It gives me immense pleasure to greet in the New Year 2012 with heartiest
wishes to you and your family members for Health, Wealth, Peace & Prosperity
throughout the year. I have prayed God for all your well being and sought his
blessings to take our zone to its deserved place in business with all your
committed & dedicated support.
Friends, while our beloved bank is on growth trajectory, our contribution to
the balance sheet of the Bank must be of high reckoning. For the purpose, the first
quarter of the New Year (which coincides with the 4th Quarter of the Financial Year) is very
crucial for us. I need not emphasize what we are to do & how we do it. We have
proved many a times that given a call, we have responded the same with zeal and
vigor. Let me reveal very frankly, I need you to rise to the occasion of achieving all
parameters of business set for us at 31‐03‐2012 by end of February 2012.
While I am sharing a task with you, I must tell you that we could not achieve our
Dec 11 targets. CASA we have achieved in totality however, SB coud not picked up to the
targeted level of 824 Crores.We are short of 196 Crores of Dec 11 target in Term Deposits. We
are still below the March 11 target in advances. It appears that entire F/Y’s
targets of advances and term deposits are to be achieved only within these
three months. There is a shortfall of Rs 370 Cr in Term Deposits and Rs.
1006 Cr. in Advances. Thus, we have to mobilize a total business of Rs. 1376 Cr
during these three months. The task appears to be difficult but not impossible.
… Contd..
 P AGE 2

Friends, I reiterate opening more & more new accounts is the panacea for achieving
our CASA targets. Please go all out for maximum customers acquisition.

While growth in advance is a concern, I would like to advise all of you not to
compromise with the quality of advance. An advance must bring positive earnings to us.
Borrowal a/cs falling to NPA just after few months/ years of financing are eating away
“Alway
our hard earned profit & thus detrimental to our interest. Moreover, the shareholders,
s bear stakeholders and the market will lose trust on us. Thus, let our new finances be not prone to

in NPA, rather let these be proliferated into relationships and various ancillary businesses.
NPAs in our loan books are really painful wounds. We have to heal them. Reduc‐
mind
tion of NPAs is the call of the day. Mechanisms viz., recovery camps, Lokadalats,
that SARFAESIs, upgradation etc., are to be optimally used. While I advise you to make all staff

your involved in the process, I would like to see that most of my staff members are beneficiaries of
incentive under Star‐Sanjeevani scheme to the maximum extent.
own
System driven NPAs are becoming another crusade to our performance. A little
resolutio watch on recovery of the due amount in time and inputing the data in the system in a per‐
n to fect manner will keep us comfortable. The credit monitoring plays a vital role
in arresting NPA. A last moment rush to treat the NPA divergences affects other
succee
business. I wish that not a single account be on the rador of NPA divergence in our zone.
d is While the above are to keep our size in the balance sheet intact, I do also wish to
more strengthen the same with fee based income, thereby, leveraging the hit of NIM on account of
high cost of deposits and low yield from advances.
important

than More and more Non‐fund based finance in BG/LCs, going for channel finances etc.,
will boost our fee income. Apart from this the selling of third party products will not
any only enhance our non-interest income but also provide the tools to fulfill the
customers’ needs of investment & insurance under one umbrella.
other”
-Abraham

Lincoln

T ARANGINI
 P AGE 3

Friends, these are the just few things, I thought to share with you on the auspicious
beginning of the New Year. I have a great deal of trust in you. I do also wish to achieve the goals in
gamesmanship. Hence, the following competition among the branches has been floated from
19.11.2011 and will end at 31.01.2012.
N.B : For getting top ranks eligible branch must ensure more than 40 % incremental growth in SB/CD.
SB CD
No of A/c No of A/c
with 10 % with 15 %
incremental SUD Life incremental SUD Life
growth Policies Amount growth Policies Amount
Metro 400 25 15 Lacs 75 25 15 Lacs
Urban 500 20 12 Lacs 75 20 12 Lacs
SemiUrban 700 25 8 Lacs 60 25 8 Lacs
Rural 600 20 5 Lacs 20 20 5 Lacs
I wish most of our branches will take lead in positioning themselves in PAN
INDIA. You achieve it, become the winner and let me say that I am here to honor your effort
in a befitting manner.
Flash News: Rate of Interest on NRI deposits has taken a big jump to allure NRIs, Canvass
vigorously.
Term Rate of Interest
Existing Revised w.e.f. 01-01-2012 Annualised Rate of
Return at minimum of
maturity bucket
(indicative only)
1 year to
less than 2 3.82 9.00 9.31
years
2 years to
less than 3 3.51 8.00 8.58
years
3 Years and
3.64 7.00 7.71
above
I have a dream; let me share it with you. I wish all my branches achieve the budgetary parameters at
31.03.2012. Let our zone be patted on its back as an achiever. Once it happens we all will join together for
celebrations and felicitation with many pleasant surprises. I will feel great if my dreams come true.
I once again wish you all a Happy, Prosperous and Successful New Year 2012.

— S.S. Banik
T ARANGINI
 Important Contact Numbers
Credit Cards :
Issue / Renewal / Replacement Vinod.Arekar@bankofindia.co.in
Aruna.Agnihotri@bankofindia.co.in
Billing / Statement/Inquiry Ramesh.Joglekar@bankofindia.co.in
Hotlisting of the Credit Card 022-40426004
Credit card Cash Authority 1800 22 0088
Debit Cards :
Issue / Renewal / Replacement Pralhad.shivalkar@bankofindia.co.in
Help Desk :
Hotlisting of the card Tel. 022 4042 9123 ; 18004251112
Email: PSS.Hotcard@fisglobal.com
Boi.Debitcard@bankofindia.co.in

SANKALP 10,000
एक नय क ओ .

Natonal Banking : Shri Shyam Sundar Banik

Zonal Manager 9985022252

Deputy Zonal Manager : Shri M.P.R.Naik

9848531815
Chief Manager (Mkt) : Shri G.Krishnaswamy
Bank of India
9866508743
Relationship beyond Chief Manager : Shri K.S.N.Murthy
Banking (ARB & ARD)
10-1-1199/2,PTI
Senior Manager (HR) : Shri D.J.Raju.
Building,
1st & 2nd Floors, Manager (Rajbasha) : Shri O.P.Mishra
A.C. Guards,
Sr. Manager (Law) : Smt. Sitamahalakshmi
Hyderabad-500
004 Manager (CSD) : V.R.Vasudeva
Phone:
23314721,23314723 Sr. Manager (IT) : Shri K.Balasubrahmanyam
9848844105
Fax:
23315173/23321148
E-mail:
zo.hyderabad@bankofindia.co.in

www.bankofindia.com