For Ratification by Syndicate (12.7.2006)
The following investments have been made by the Pension Cell out of the Pension Corpus Fund Account as recommended by the Investment Committee and approved by the Vice-Chancellor for long term and by the Registrar for short term upto 31.3.2008. Sr. No. 1 2 3 4 5 Name of the Bank State Bank of India Vijaya Bank, Sec-17, Chd. Syndicate Bank, Sec-17, Chd. Andhra Bank, Sec-17, Chd. Syndicate Bank, Sec-36, Chd. Amount 30 Lac 3.20 Crore 3.75 Crore 3.75 Crore 4.60 Crore Rate of Interest 6.25% p.a 7.60% p.a. 7.76% p.a. 8.15% p.a. 8.01% p.a.
Minutes of the Investment Committee are placed at Flag „A‟ „B‟ „C‟ & „D‟. It is submitted that the investment of Rs. 30 lac was made with the State Bank of India, Sec14, Chd without inviting quotations.
O.S. (Pension)
A.R. Pension F.D.O
For Ratification by Syndicate (12.7.2006)
The enclosed list of investments have been made by the Pension Cell out of the “Pension Corpus Fund Account” as recommended by the Investment Committee and approved by the Vice-Chancellor during the period Sr. No. 1 2 3 4 5 Name of the Bank State Bank of India Vijaya Bank, Sec-17, Chd. Syndicate Bank, Sec-17, Chd. Andhra Bank, Sec-17, Chd. Syndicate Bank, Sec-36, Chd. Amount 30 Lac 3.20 Crore 3.75 Crore 3.75 Crore 4.60 Crore Rate of Interest 6.25% p.a 7.60% p.a. 7.76% p.a. 8.15% p.a. 8.01% p.a.
Minutes of the Investment Committee are placed at Flag „A‟ „B‟ „C‟ & „D‟. It is submitted that the investment of Rs. 30 lac was made with the State Bank of India, Sec14, Chd without inviting quotations.
O.S. (Pension)
A.R. Pension F.D.O