CMD OIL travelled by Metro

31102013

Sri SK Srivastava, Chairman and Managing Director, Oil India Limited, on 30.10.13 travelled by Metro from his residence to office at Noida. This is in keeping with Petroleum and Natural Gas Minister, Sri M Veerapa Moily’s  campaign for once-a-week use of public transport for government employees to conserve oil. The Minister has requested chief ministers, central ministries and PSU heads to declare one day of the week as ‘bus day’.

On 9.10.2013, Wednesday, Sri Moily travelled to work by the Delhi Metro, keeping his promise to travel by public transport every Wednesday, as part of his drive to promote fuel conservation and help cut India’s massive oil import bill.

Dear Naresh - Another gang-rape in Delhi! Last week,

Help us reach 10,000 signatures against rape and we will read out many of your comments on a national radio broadcast, reaching millions of homes across India. Sign Our Petition Dear Naresh - Another gang-rape in Delhi! Last week, a school girl was sexually assaulted by three men in a car.  The Delhi police are working on the case butpunishing the accused is not enough. It will not stop such incidents from happening  in the future. Naresh, you and I need to speak up now. Horrific incidents like these happen because many people don’t consider it wrong. Until this changes, the rapes will continue.  We at Jhatkaa believe that if thousands of us start talking about this issue, more people will get to know that rape is one of the worst crimes and that it is unacceptable. Sign our petition.  If many people comment and we get 10,000 signatures in the coming week, we will read out many of your comments on a national radio broadcast, reaching millions of homes across India. Sign our petition and leave your comments declaring that rape is completely unacceptable. We cannot remain silent as these incidents happen more frequently. Hearing your message will encourage more people to speak up. It will also show others that rape is unacceptable. Perhaps we can evenprevent many assaults from occurring. Naresh, this might be one small step. But we look forward to making this big difference with you.  Thank you for being part of this change. Rachita and the Jhatkaa team

PM declares end of 'longest war' in Afghanistan

Updated on : 30-10-2013 03:33 PM

Australian Prime Minister Tony Abbott has declared the end of his country's "longest war" on a surprise visit to Afghanistan.

According to an ABC report, Abbott while speakingat a special ceremony at the Australian-run base in Tarin Kot in Uruzgan province on Monday, said "Australia's longest war is ending. Not with victory, not with defeat, but with, we hope, an Afghanistan that is better for our presence here." Describing the Afghan war as complicated, he further said thatthe imminent withdrawal of Australian troops was "bittersweet".  "It's bittersweet because hundreds of soldiers will be home for Christmas; bitter because not all Australian families have had their sons, fathers and partners return," he said. "Sweet because our soldiers have given a magnificent account of themselves; bitter because Afghanistan remains a dangerous place despite all that has been done." More than 20,000 Australians have served in Afghanistan 260 were wounded and 40 were killed in action. The war has cost over AUD 7.5 billion. Under current plans, Australia will end all combat operations and withdraw some 1,000 troops from Uruzgan Province by the end of the year.  However, about 400 will remain in a variety of roles including mentoring the headquarters of the Afghan National Army (ANA) 205 Corps in Kandahar and assisting in training of ANA officer cadets in Kabul.

Third front against communalism

30102013

Updated on : 30-10-2013 03:36 PM

In a frantic effort to project a third front for the 2014 general elections, four left parties are holding an ‘anti-communal convention’ in the national capital, with an eye on next year’s general elections. 14 political parties, including the Left, SP and JD(U) join hands to fight communal forces

Several parties like AIADMK, JD(U), SP, BJD, JD(S), Naga People’s Front, Sikkim Democratic Front, Jharkhand Vikas Morcha and RPI of Prakash Ambedkar will participate in the program. Democratic forces should unite “as much as possible” to defeat fascist forces, said JD(U) leader and Bihar Chief Minister Nitish Kumar at the event. The Left hit out at BJP for resorting to communal politics during elections.

HIGHLIGHTS OF FINANCIAL RESULTS FOR 30th SEPTEMBER 2013

Rs. in Crore)

	Half Year ended 30.09.2013	Half Year ended 30.09.2012	% Growth (YoY)
Total Income	10243.41	9516.94	7.63%
Net Interest Income	2587.97	2282.94	13.36%
Non Interest Income	849.92	815.20	4.26%
Operating Profit	1913.35	1817.77	5.26%
Net Profit	604.79	693.61	-12.81%

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༯span>	Sep,2013	Sep,2012	Growth (YoY)
Business Mix	3,04,919	2,83,019	7.74%
Total Deposits	1,75,153	1,64,175	6.69%
Total Advances	1,29,766	1,18,844	9.19%
Core Deposits	1,48,664	1,27,655	16.46%
CASA Deposits	42,979	39,621	8.48%
Retail Advances	15,197	13,145	15.61%
Priority Sector Advances	46,435	42,073	10.37%
Total Agriculture Advances	17,478	16,062	8.82%
Direct Agriculture Advances	14,389	12,565	14.51%
CD Ratio	74.15%	72.49%	166 bps
Cost of Deposits -HY	7.65%	7.96%	-31 bps
Net Interest Margin (NIM)-HY	2.87%	2.79%	8 bps
Business per Employee	15.62	15.04	3.83%
Book Value per Share (in Rs.)	423.44	389.06	8.84%

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༯span>	Q2 FY-2013-14	Q2 FY-2012-13	% Growth (YoY)
Total Income	4987.71	4821.37	3.45%
Net Interest Income	1280.94	1157.11	10.70%
Non Interest Income	311.87	406.79	-23.33%
Operating Profit	825.08	921.24	-10.44%
Net Profit	251.41	302.19	-16.80%

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Capital Adequacy of the Bank underBASEL III-11.43% (Tier I : 8.91%, Tier II : 2.52%)

The Govt. of India has decided to infuse further capital funds to the tune of Rs.150 Crore by way of preferential allotment of equity during the current financial year.

The Bank has slashed Rate of Interest on Personal Loans, Consumer Durable Loans and Commercial Vehicle Financing by 25 bps w.e.f.10.10.2013.

ࠊ36 New Branches (including 25 Branches in Rural Unbanked Areas) opened and ࠠࠠࠠ122 new ATMs installed during the quarter. Total Delivery Channels of the Bank stood at 3756 (2059 Branches and 1697 ATMs).

The Bank has opened a New Regional Office at Raipur in Chhattisgarh for better administrative control and to reach unbanked areas. With this, the total number of Regional Offices of the Bank stands at 34.

The Customer Base of the Bank has increased to 21 million.

During the half year, 1018