FORM NL37
Statement Date :  30.09.2010
Statement of Down Graded Investments
PERIODICITY OF SUBMISSION : QUARTERLY
            (Rs. In Lakhs)      
Sr.No. Particulars of Investments Category Amount  Date of   Rating  Original  Current  Date of  Remarks
    Code (As per B/s.) Purchase Agency Grade Grade Downgrade  
A. During the quarter:                
  Debentures/Bonds:                
  NIL                
      0.00            
  As on date                
1 Tube Investments of India Ltd. OLDB 1500.00 19.11.2009 CRISIL AA AA-/Stable 4/5/2010  
2 9.25% Vijaya Bank Lower Tier II ECOS 500.00 01.08.2006 FITCH AA+(ind) AA(ind) 14.8.2008  
3 10.25% Bonds of Indusind Bank(Upper Tier II) OLDB 1000.00 30.9.2006 ICRA&FITCH A BBB+ 20.11.2008  
4 11.50% Debentures of Mahindra & Mahindra                 
  Financial Services ECOS 500.00 26.9.2008 CRISIL AA+(-ve) AA 19.3.2009  
5 7.15% Bonds of Development Credit Bank OLDB 500.00 16.3.2004 FITCH A+ BBB 25.2.2009  
6 6.25% ING Vysya Bank Ltd. OLDB 2000.00 12.9.2003 FITCH AA+ AA 19.5.2009  
7 8.75% ING Vysya Bank Ltd. OLDB 500.00 17.3.2006 FITCH AA+ AA 19.5.2009  
8 9.70% ING Vysya Bank Ltd. OLDB 1500.00 28.8.2006 FITCH AA+ AA 19.5.2009  
9 13% Aditya Birla Nuva Ltd. ECOS 1000.00 7.11.2008 CARE AAA AA+ 13.08.2009  
10 Bank of Maharashtra 9.10%;14.10.2021 OLDB 500.00 14.10.2006 CRISIL/CARE AA AA- 21.10.2009  
11 PNB Housing Finance HTDN 1000.00 24.7.2006 CARE&CRISIL AA+ AA 10/2/2010  
12 PNB Housing Finance HTDN 1000.00 30.9.2008 CARE& CRISIL AA+ AA 10/2/2010  
13 PNB Housing Finance HTDN 1000.00 24.7.2006 CARE&CRISIL AA+ AA 10/2/2010  
      12500.00            
Certified that the information given herein is correct and complete to the best of my 
knowledge and belief and nothing has been concealed or suppressed.
            (Bhagyam Ramani)    
               
            General Manager