Read the financial data of The Kuber Bank Ltd. as below: Balance Sheet of The Kuber Bank Ltd. as on 31st March, 2017 Particulars Schedule 31.3.2017 (₹ in crores) 31.3.2016 (₹ in crores) I. CAPITAL AND LIABILITIES Capital

Read the financial data of The Kuber Bank Ltd. as below: Balance Sheet of The Kuber Bank Ltd. as on 31st March, 2017 Particulars Schedule 31.3.2017 (₹ in crores) 31.3.2016 (₹ in crores) I. CAPITAL AND LIABILITIES Capital 1 286.82 286.82 Reserves & Surplus 2 1209.59 1052.42 Deposits 3 27689.90 23623.05 Borrowings 4 450.94 0.10 Other Liabilities and Provisions 5 1813.39 1582.95 TOTAL 31450.64 26545.34 II. ASSETS Cash and balances with the Reserve Bank of India 6 2414.33 2011.49 Balances with Banks and money at call and short notice 7 404.35 492.09 Investments 8 9235.05 8570.67 Advances 9 18303.40 14231.23 Fixed Assets 441.88 466.99 Other Assets 651.63 772.87 TOTAL 31450.64 26545.34 Contingent Liabilities 13695.44 7141.04 Bills for Collection 2735.10 2063.21 Profit and Loss Account for the year ended 31.03.2017 Particulars Schedule Year Ended 31.03.2017 (₹ in crores) Year Ended 31.03.2016 (₹ in crores) INCOME Interest earned 2118.51 1760.12 Other income 391.52 439.03 TOTAL 2510.03 2199.15 EXPENDITURE Interest expended 1263.15 1037.45 Operating expenses 611.51 561.34 Provisions and contingencies 433.80 527.37 TOTAL 2308.46 2126.16 PROFIT Net profit for the period 201.57 72.99 Net Profit/Loss Brought Forward 0 0 TOTAL 201.57 72.99 APPROPRIATIONS Transfer from Investment Fluctuation Reserve 0 -42.70 Transfer to Statutory Reserve 60.47 21.90 Transfer to Capital Reserves 2.45 41.85 Transfer to Revenue Reserves 111.80 51.94 Proposed Dividend (Include Dividend Tax) 26.85 0 Balance Carried over to Balance Sheet 0 0 TOTAL 201.57 72.99 Significant Account Policies and Notes on Accounts SCHEDULES TO THE BALANCE SHEET Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 1 : CAPITAL AUTHORISED CAPITAL 150,00,00,000 Equity Shares of ₹10/- each 1500.00 1500.00 ISSUED, SUBSCRIBED AND PAID-UP 28,68,23,200 (Previous year 28,68,23,200) Equity Shares of ₹10 each fully paid up of which 14,68,20,000 shares are held by the Government of India. 286.82 286.82 TOTAL 286.82 286.82 Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 2 : RESERVES AND SURPLUS I. Statutory Reserves : Opening Balance 295.63 273.73 Additions during the year 60.47 21.90 TOTAL 356.10 295.63 II. Capital Reserves : Opening Balance 51.09 9.22 Additions during the year 2.45 41.87 TOTAL 53.54 51.09 III. Revaluation Reserve : Opening Balance 273.68 111.16 Additions during the year 0 213.34 Deduction during the year -17.55 -50.82 TOTAL 256.13 273.68 IV. Share Premium : Opening Balance 256.00 256.00 Addition during the year 0 0 TOTAL 256.00 256.00 V. Revenue Reserves : Opening Balance 176.02 124.08 Addition during the year 111.80 51.94 TOTAL 287.82 176.02 VI. Investment Fluctuation Reserve : Opening Balance 0 42.70 Deduction during the year 0 -42.70 TOTAL 0 0.0 TOTAL (I, II, III, IV, V and VI) 1209.59 1052.42 Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 3 : DEPOSITS A. I. Demand Deposits : i. From Banks 66.85 53.47 ii. From Others 3214.40 2327.10 II. Savings Bank Deposits 9043.60 7930.62 III. Term Deposits : i. From Banks 1117.05 1372.76 ii. From Others 14248.00 11939.10 TOTAL 27689.90 23623.05 B. i. Deposits of Branches in India 27689.90 23623.05 ii. Deposits of Branches Outside India 0 0 TOTAL 27689.90 23623.05 Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 4 : BORROWINGS I. Borrowing in India : i. Reserve Bank of India 450.00 0 ii. Other Banks 0 0 iii. Other Institutions and Agencies 0.94 0.10 II. Borrowings outside India 0 0 TOTAL 450.94 0.10 Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 5 : OTHER LIABILITIES AND PROVISIONS I. Bills Payable 270.80 307.19 II. Inter office adjustments (Net) 183.19 164.70 III. Interest Accrued 123.99 93.87 IV. Subordinated debt from Central Govt. and Unsecured redeemable Bond * 535.00 607.28 V. Others 700.41 409.91 TOTAL 1813.39 1582.95 * Out of above, forming part of TIER II Capital 395.00 424.11 Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 6 : CASH AND BALANCES WITH RESERVE BANK OF INDIA I. Cash in hand (including foreign currency notes) 182.07 140.91 II. Balance with Reserve Bank of India : i. In Current Account 2232.26 1570.58 ii. In Other Accounts (Under LAF) 0 300.00 TOTAL 2414.33 2011.49 Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 7 : BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE I. In India : i. Balance with Banks : a. In Current Accounts 254.25 298.18 b. In Other Deposit Accounts 100.00 151.09 ii. Money at call and short notice : a. With banks 0 0 b. With other institutions 0 0 TOTAL - I 354.25 449.27 II. Outside India : i. In Current Accounts 50.10 42.82 ii. In Other Deposit Accounts 0 0 iii. Money at call and short notice 0 0 TOTAL - II 50.10 42.82 TOTAL (I and II) 404.35 492.09 Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 8 : INVESTMENTS A. Investment in India in i. Government Securities 7588.15 7030.60 ii. Other approved Securities 160.76 200.34 iii. Shares 142.32 122.14 iv. Debentures and Bonds 884.29 930.73 v. Subsidiaries and/or joint ventures 21.72 21.72 vi. Others a. Venture Capital 3.65 2.50 b. Units and Mutual Funds 0.49 17.50 c. RIDF Deposits 272.42 208.10 d. Commercial Papers 19.41 9.79 e. Security Receipts of ARCs 43.85 27.25 f. Oil Bonds 48.23 0 g. CBLO 49.76 0 TOTAL 437.81 265.14 TOTAL 8797.24 8305.53 Grand TOTAL 9235.05 8570.67 B. Investments outside India : 0 0 TOTAL (A + B) 9235.05 8570.67 Gross Investments 9324.55 8635.27 Less : Provision for Depreciation 89.50 64.60 Net Investments 9235.05 8570.67 Includes Encumbered Securities 9.00 9.00 Particulars 31-03-2017 (₹ in crores) 31-03-2016 (₹ in crores) SCHEDULE - 9 : ADVANCES A. i. Bills Purchased and discounted 1166.28 908.98 ii. Cash Credits, Overdrafts & Loans repayable on demand 7315.16 5650.90 iii. Term Loans 9821.96 7671.35 TOTAL 18303.40 14231.23 B. i. Secured by tangible assets 12914.33 10436.98 ii. Covered by Bank/Government Guarantees 1484.32 1236.95 iii. Unsecured 3904.75 2557.30 TOTAL 18303.40 14231.23 C. I. Advances in India i. Priority Sector 7238.00 5835.60 ii. Public Sector 2134.39 1884.31 iii. Banks 425.00 220.14 iv. Others 8506.01 6291.18 TOTAL 18303.40 14231.23 II. Advances outside India 0 0 TOTAL 0 0 TOTAL (I and II) 18303.40 14231.23 Based on the financial data of The Kuber Bank Ltd, answer the following questions (a to e) : (a) Compute the following ratios : (i) Interest Expense Ratio.