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Following is information related banks:
Auckland Ltd is a public sector bank operating with about 120 branches across Indi
a. The bank has been in business since 1971 and has about 40% branches in rural areas and about 75% of all branches are in
Western India. On the basis of the size, Auckland Ltd will be ranked at number 31 amongst 40 banks in India.
Although top management has appointment period of 5 years, generally they retire on ach sieving age of 60 years with an average tenure of only 2 years at the top job.
Profit and Loss Account
Balance Sheet
The rating wise break-up of assets for FY11 is as follows:
Computer risk weighted assets for Auckland Ltd for FY11:
Suggested Answer: C
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28 comments · newest first
KA
Katy
10 months ago
Wait, how can they be ranked 31st with so many branches?
CA
Carmelina
10 months ago
40% of branches in rural areas is impressive!
JU
Judy
11 months ago
Auckland Ltd has 120 branches since 1971.
DA
Daniel
11 months ago
Totally agree, that’s a short time for leadership!
NG
Ngoc
11 months ago
Only 2 years average tenure for top management? That seems low.
BL
Blondell
11 months ago
I think the answer might be around 11,64,500 Million, but I can't recall if I factored in all the asset classes correctly.
MA
Marylyn
12 months ago
I feel like I might be overthinking the risk weights. I just hope I remember the correct percentages we learned in class.
DA
Dannette
12 months ago
This question seems similar to one we practiced on bank asset management. I think I need to focus on the balance sheet figures to get the right answer.
SL
Slyvia
1 year ago
I remember we discussed how to calculate risk-weighted assets, but I'm not sure about the exact formula to apply here.
DA
Darnell
1 year ago
This seems straightforward enough. I just need to carefully read through the information and apply the right formulas to get the risk-weighted assets number.
QU
Quentin
1 year ago
Alright, time to put on my analytical hat. I think the key is to focus on the risk-weighted assets section and do the math to arrive at the correct figure.
JU
Justa
1 year ago
I'm a bit confused by all the financial details here. I'll need to take some time to really understand the data before I can confidently answer this.
FL
Florinda
1 year ago
Okay, let's see. The key information seems to be in the balance sheet and the rating-wise asset breakdown. I'll need to do some calculations to figure out the right answer.
CH
Christiane
1 year ago
Hmm, this looks like a tricky one. I'll need to carefully review the financial statements and asset breakdown to determine the risk-weighted assets.
CH
Cherry
1 year ago
Wait, is this a trick question? What if the bank's accountants are just really good at cooking the books? *chuckles* But seriously, I'll go with B too.
MA
Marti
1 year ago
Hmm, I'm a bit confused. The profit and loss account and balance sheet don't seem to have the risk-weighted asset information. But I'll trust the data given and choose B.
MA
Mammie
1 year ago
The question is straightforward, and the data seems comprehensive. I'll go with option B as well.
CA
Camellia
1 year ago
Let's go with option B then, it seems to be the most logical choice.
MA
Marion
1 year ago
The data provided does support option B as the correct answer.
CA
Carey
1 year ago
I agree, option B seems like the most reasonable choice.
CH
Christoper
1 year ago
I think the key is to carefully analyze the information provided before selecting the answer.
JO
Johnathon
1 year ago
I'm not sure about that, I think the answer could be option C) 11,64,500 Million.
DA
Daryl
1 year ago
I agree, but I believe the answer might be option B) 13,24,500 Million.
EL
Elina
1 year ago
I think the answer is B. The information provided clearly states that Auckland Ltd's risk-weighted assets are around 13,24,500 Million.
NI
Nicolette
1 year ago
Thanks for clarifying. It's good to have confirmation on the correct answer.
GL
Glory
1 year ago
That's correct. The information clearly indicates that option B is the correct answer.
MA
Marylin
1 year ago
I agree with you, the answer is B. The risk-weighted assets for Auckland Ltd are around 13,24,500 Million.
DI
Dino
1 year ago
I think the question about Auckland Ltd is quite challenging.