C A R M-11

Branch:NARSIPATNAM

For the month of December2014

Report on Non Funded Facilities

LETTERS OF CREDIT:

(Rs. Inlacs. Lakhs)

No. Amount

LCs issued during the month

LCs devolved during the month
Total of LCs devolved and outstanding at the end of the month
LCs expired during the month
Total of LCs expired and outstanding at the end of the month

NIL

BANK GUARANTEES

BGs issued during the month

BGs expired during the month
BGs expired but not reversed at the end of the month
BGs invoked during the month
Total of BGs invoked and outstanding at the end of the month

1
2
3
4

Whether the LCs /BGs issued are as per the sanction

made by the competent authority
Whether the limits are properly assessed and the
Capital Gearing Ratio does not exceed 10 as per Bank
guidelines, if sanctioned by Branch
Whether Commission collected as per guidelines for
LCs/BGs issued / extended period of BGs during the
month
Whether the Cash margin deposits are in force and lien
has been noted on them

LETTERS OF CREDIT
1
Whether P&Cs are obtained before allowing ILC/FLC
facilities
2
Whether due enquiries have been made about the
status of the suppliers of the goods/machinery In case
of Letters of Credit opened
3
Whether the conditions are properly mentioned
on
the LC and the method of reimbursement is correctly
indicated while opening Letters of Credit
4
Whether cases of devolvement of LCs are reported to
controlling office
5
Whether the branch is prompt in follow up, and
recovery of such devolved amounts

No.
NIL
NIL
10
NIL
31

Amount
NIL
NIL
20.11
NIL
73.69

Yes
Yes
Yes
Yes

BANK GUARANTEES
1
2
3

4
5
6
7

Whether the branch is issuing Bank guarantees in the

Standard format with restrictive clause and deviation if
any, is approved by Zonal Office
Whether the branch is prompt in recovering amounts
paid under Invoked Bank Guarantees
Whether notices to the beneficiaries of expired Bank
Guarantees are issued (Cir.No.238/11/3 dt.19.12.1998)
for return of original Bank Guarantee Bonds. (List of
expired Bank Guarantees to be enclosed)
(ABREP/BG/BGENC)
Whether progress reports are obtained in case of
Performance Bank Guarantees
Whether processing charges collected are as per norms
Where a BG is returned before due date, whether the
Branch is computing refund of BG Commission as per
HO guidelines
Whether there are any BGs invoked and not paid. If so
reasons for the same

Yes
Yes
Yes

Yes
Yes
Yes
No

DEFERRED PAYMENT GUARANTEES

No.

Amount

DPGs issued during the month

1
2
3

Whether the Stand-alone DPG facilities allowed are

reviewed frequently as per guidelines. (Term Loan/DPG
accounts not reviewed may be furnished)
Whether Bills drawn under the DPGs are paid promptly
by the Customers
Whether the Branch follow up for recovery of DPG Dues
is satisfactory

Deficiencies observed

Branch compliance

NIL