abhishreshthaa
Abhijeet S
FIXED ASSETS
i) Premises of the bank include free hold as well as lease hold properties. Land and buildings purchased or allotted have been capitalized based on agreements/ letters of allotment and physical possession. Premises and other fixed assets are stated at their historical cost except those which are revalued. Such fixed assets are stated on the revalued amount.
ii) Advance payments made for acquisition of capital assets and deposits made in respect of properties taken on lease / rent are included under OTHER ASSETS.
i) Premises of the bank include free hold as well as lease hold properties. Land and buildings purchased or allotted have been capitalized based on agreements/ letters of allotment and physical possession. Premises and other fixed assets are stated at their historical cost except those which are revalued. Such fixed assets are stated on the revalued amount.
ii) Advance payments made for acquisition of capital assets and deposits made in respect of properties taken on lease / rent are included under OTHER ASSETS.