ICICI Bank 2015 Annual Report Download - page 159

157Annual Report 2014-2015
forming part of the Accounts (Contd.)
Schedules
Financial Statements of ICICI Bank Limited
25. Provision on Funded Interest Term Loan
In 2008, RBI issued guidelines on debt restructuring, which also covered the treatment of funded interest in cases of
debt restructuring, that is, instances where interest for a certain period is funded by a Funded Interest Term Loan (FITL)
which is then repaid based on a contracted maturity schedule. In line with these guidelines, the Bank has been providing
fully for any interest income which is funded through a FITL for cases restructured subsequent to the issuance of the
guideline. However, RBI has now required similar treatment of outstanding FITL pertaining to cases restructured prior
to the 2008 guidelines which have not yet been repaid. In view of the above, and since this item relates to prior years,
the Bank has with the approval of the RBI debited its reserves by ` 9,291.6 million to fully provide outstanding FITLs
pertaining to restructurings prior to the issuance of the guideline in the quarter ended March 31, 2015 as against over
three quarters permitted by RBI. These FITLs relate to pre-2008 restructurings where the borrowers have since been
upgraded and this impact would get reversed as FITLs are repaid as per their contractual maturities.
26. Floating provision
The Bank holds floating provision of ` 1.9 million at March 31, 2015 (March 31, 2014: ` 1.9 million) taken over from
erstwhile Bank of Rajasthan on amalgamation.
27. Concentration of Deposits, Advances, Exposures and NPAs
(I) Concentration of deposits, advances, exposures and NPAs
` in million
Concentration of deposits At
March 31, 2015
At
March 31, 2014
Total deposits of 20 largest depositors 232,603.9 242,537.6
Deposits of 20 largest depositors as a percentage of total deposits of the Bank 6.43% 7.31%
` in million
Concentration of advances1At
March 31, 2015
At
March 31, 2014
Total advances to 20 largest borrowers (including banks) 1,337,961.7 1,154,740.4
Advances to 20 largest borrowers as a percentage of total advances of the Bank 16.58% 15.73%
1. Represents credit exposure (funded and non-funded) including derivatives exposures as per RBI guidelines on
exposure norms.
` in million
Concentration of exposures1At
March 31, 2015
At
March 31, 2014
Total exposure to 20 largest borrowers/customers (including banks) 1,354,445.8 1,190,611.6
Exposures to 20 largest borrowers/customers as a percentage of total
exposure of the Bank
15.87% 15.21%
1. Represents credit and investment exposures as per RBI guidelines on exposure norms.
` in million
Concentration of NPAs At
March 31, 2015
At
March 31, 2014
Total exposure1 to top four NPA accounts 62,016.3 17,486.9
1. Represents gross exposure (funded and non-funded).