2.  LFAR for UCBs could be broadly divided into:  LFAR for Bank Branches.  LFAR for Head Office.

3. LFAR FOR BRANCHES OF UCBs 1. ASSETS  Cash  Balances with RBI and Other Banks  Money at Call and Short Notice  Investment  Advances  Other Assets LFAR for Branches of UCBs could be further detailed as:

4.  Deposits.  Other Liabilities (Bills Payable, etc.)  Contingent Liabilities

5.  Revenue Recognition  Revenue Leakages  Provisioning  Any divergent trends in major items of income and expenditure, which are not satisfactorily explained by the branch

6.  Books and Records  Reconciliation of Control and Subsidiary Records  Inter Branch Accounts  Audit / Inspection  Frauds  Miscellaneous

7. LFAR FOR HEAD OFFICE OF UCBs 1. ADVANCES  Loan Policy  Credit Appraisal  Sanctioning / Disbursement  Documentation  Review, Monitoring & Supervision  Policy in Respect of Bad & Doubtful Debts, NPAs  Adverse features considered significant and which need management’s attention LFAR for Head Office of UCBs could be further detailed as:

8.  Investments  SLR / CRR Compliance  Cash  Call Money Operations  Asset-Liability Management

10. CA. Naresh Kella NDVR & Co. Chartered Accountants 238 – 242, 2 nd Floor, Mega Mall, Surendranagar – 363001 ---------- 3 – H, Vardan Exclusive, Near Vimal House, Stadium Road, Navrangpura, Ahmedabad – 380009 M. 955 810 5555 E. naresh@ndvr.in