Consolidated Balance Sheet

at March 31, 2025

₹ in ‘000s

	Schedule	At 31.03.2025	At 31.03.2024
CAPITAL AND LIABILITIES
Capital	1	14,245,974	14,046,790
Employees stock options/units outstanding	1A	20,698,433	14,053,180
Reserves and surplus	2	3,104,114,654	2,533,338,376
Minority interest	2A	148,367,361	138,884,162
Deposits	3	16,416,374,040	14,435,799,524
Borrowings	4	2,188,834,453	2,074,280,008
Policyholders' funds		2,943,055,571	2,813,183,300
Other liabilities and provisions	5	1,586,723,648	1,617,044,935
TOTAL CAPITAL AND LIABILITIES		26,422,414,134	23,640,630,275

ASSETS
Cash and balances with Reserve Bank of India	6	1,202,409,132	899,430,231
Balances with banks and money at call and short notice	7	937,825,505	728,258,795
Investments	8	8,863,768,108	8,271,625,050
Advances	9	14,206,637,124	12,607,762,029
Fixed assets	10	158,124,234	132,402,763
Other assets	11	969,055,719	976,409,788
Goodwill on consolidation		84,594,312	24,741,619
TOTAL ASSETS		26,422,414,134	23,640,630,275

Contingent liabilities	12	78,850,007,864	57,578,163,337
Bills for collection		1,313,614,604	1,007,917,603
Significant accounting policies and notes to accounts	17 & 18

The Schedules referred to above form an integral part of the Consolidated Balance Sheet.

As per our Report of even date.

For B S R & Co. LLP
Chartered Accountants
ICAI Firm Registration no.:
101248W/W-100022

Ashwin Suvarna
Partner
Membership no.: 109503

For C N K & Associates LLP
Chartered Accountants
ICAI Firm Registration no.:
101961W/W100036

Manish Sampat
Partner
Membership no.: 101684

For and on behalf of the Board of Directors

S. Madhavan
Director
DIN-06451889

Rakesh Jha
Executive Director
DIN-00042075

Anindya Banerjee
Group Chief Financial Officer

Sandeep Bakhshi
Managing Director & CEO
DIN-00109206

Sandeep Batra
Executive Director
DIN-03620913

Prachiti Lalingkar
Company Secretary

Ajay Kumar Gupta
Executive Director
DIN-07580795

Laxminarayan Achar
Chief Accountant

Mumbai
April 19, 2025