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Related party transactions (Tables)
12 Months Ended
Mar. 31, 2019
Schedule of Related Party Transactions

Balances payable to related parties are as follows:

 

     As of March 31,  
     2018      2019  
     Principal
owner
     Others      Total      Principal
owner
     Others      Total      Total  
     (In millions)  

Balances in non-interest-bearing deposits

   Rs.  21,758.0      Rs.  11,771.8      Rs.  33,529.8      Rs.  32,176.8      Rs.  14,170.1      Rs.  46,346.9      US$ 670.1  

Balances in interest-bearing deposits

     10,749.7        1,905.0        12,654.7        733.1        1,732.9        2,466.0        35.7  

Accrued expenses and other liabilities

     327.8        —          327.8        836.4        0.0        836.4        12.1  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   Rs.  32,835.5      Rs.  13,676.8      Rs.  46,512.3      Rs.  33,746.3      Rs.  15,903.0      Rs.  49,649.3      US$ 717.9  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

Balances receivable from related parties are as follows:

 

     As of March 31,  
     2018      2019  
     Principal
owner
     Others      Total      Principal
owner
     Others      Total      Total  
     (In millions)  

Loans

   Rs.  0.0    Rs.  55.0      Rs.  55.0      Rs.  0.0      Rs.  33.9      Rs.  33.9      US$ 0.5  

Other assets

     288.1        2,317.3        2,605.4        310.2        1,474.7        1,784.9        25.8  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   Rs.  288.1      Rs.  2,372.3      Rs.  2,660.4      Rs.  310.2      Rs.  1,508.6      Rs.  1,818.8      US$ 26.3  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Purchase of property and equipment from related parties for the years ended March 31, 2018 and 2019 were nil. Purchase and sale of investments from Others for the year ended March 31, 2019 were Rs. 6,490.7 million (previous year Rs. 4,565.9 million) and Rs. 22,236.2 million (previous year Rs. 5,099.3 million), respectively. Investments of Others in the Bank’s subordinated debt for the fiscal year ended March 31, 2019 were Rs. 250.0 million (previous year Rs. 250.0 million).

Included in the determination of net income are the following significant transactions with related parties:

 

    Fiscal year ended March 31,  
    2017     2018     2019  
    Principal
owner
    Others     Total     Principal
owner
    Others     Total     Principal
owner
    Others     Total     Total  
    (In millions)  

Non-interest revenue-Fees and commissions

  Rs. 2,074.5     Rs.  10,356.4     Rs.  12,430.9     Rs.  2,642.7     Rs.  14,913.5     Rs.  17,556.2     Rs.  2,829.7     Rs.  14,558.3     Rs.  17,388.0     US$ 251.4  

Interest and Dividend revenue

    0.0       37.2       37.2       132.8       1,396.9       1,529.7       352.0       1,549.7       1,901.7       27.5  

Interest expense-Deposits

    (55.7     (117.7     (173.4     (59.6     (115.9     (175.5     (54.9     (138.0     (192.9     (2.8

Non-interest expense-Administrative and other

    (3,405.7     (1,582.2     (4,987.9     (4,031.9     (2,266.8     (6,298.7     (4,838.3     (2,841.7     (7,680.0     (111.0

Non-interest expense-Premises and equipment

    (25.3     (7.7     (33.0     (19.8     (7.6     (27.4     (31.2     (6.1     (37.3     (0.5