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Property and equipment
12 Months Ended
Mar. 31, 2017
Property and equipment

13. Property and equipment

Property and equipment by asset category is as follows:

 

     As of March 31,  
     2016      2017      2017  
     (In millions)  

Land and premises

   Rs. 16,225.4      Rs. 16,987.3      US$ 261.9  

Software and systems

     17,785.6        22,004.6        339.3  

Equipment and furniture

     55,013.0        60,004.5        925.3  
  

 

 

    

 

 

    

 

 

 

Property and equipment, at cost

     89,024.0        98,996.4        1,526.5  

Less: Accumulated depreciation

     53,344.3        60,027.1        925.6  
  

 

 

    

 

 

    

 

 

 

Property and equipment, net

   Rs. 35,679.7      Rs. 38,969.3      US$ 600.9  
  

 

 

    

 

 

    

 

 

 

Depreciation and amortization charged for the years ended March 31, 2015, March 31,2016 and March 31, 2017 was Rs. 6,905.8 million, Rs. 7,427.5 million and Rs. 8,876.9 million (US$ 136.9 million), respectively.