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Property and equipment | 12 Months Ended
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Mar. 31, 2019
Property and equipment | 12. Property and equipment Property and equipment by asset category is as follows:
|  | As of March 31, |
|  | 2018 |  |  | 2019 |  |  | 2019 |
|  | (In millions) |
Land and premises |  | Rs. | 17,992.1 |  |  | Rs. | 18,836.5 |  |  | US$ | 272.4 |
Software and systems |  |  | 24,554.4 |  |  |  | 29,855.2 |  |  |  | 431.7 |
Equipment and furniture |  |  | 64,927.1 |  |  |  | 73,601.8 |  |  |  | 1,064.2 |
Property and equipment, at cost |  |  | 107,473.6 |  |  |  | 122,293.5 |  |  |  | 1,768.3 |
Less: Accumulated depreciation |  |  | 68,505.5 |  |  |  | 79,105.7 |  |  |  | 1,143.8 |
Property and equipment, net |  | Rs. | 38,968.1 |  |  | Rs. | 43,187.8 |  |  | US$ | 624.5 |
Depreciation and amortization charged for the years ended March 31, 2017, March 31,2018 and March 31, 2019 was Rs. 8,876.9 million, Rs. 9,678.9 million and Rs. 12,247.8 million (US$ 177.1 million), respectively.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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