Arohan Financial Services Limited | Annual Report 2022-23

| 134 Annual Report | 2022-2023 Financial Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2023 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 4: Cash and cash equivalents As at 31 March 2023 As at 31 March 2022 Cash on hand 36.05 55.57 Balances with banks - Balance with banks in current accounts 1,549.67 9,747.32 - Deposits for original maturity of less than 3 months 54,070.34 85,560.03 Total 55,656.06 95,362.92 Note 5: Other bank balances As at 31 March 2023 As at 31 March 2022 Deposits with remaining maturity of less than than 3 months 2,479.40 1.02 Deposits with remaining maturity of more than 3 months but less than 12 months 2,774.19 - Balance with banks and financial institutions to the extent held as margin money deposits against borrowings and guarantees [Refer Note (a) below] - with maturity less than 3 months 2,032.37 5,020.14 - with maturity more than 3 months but less than 12 months 11,899.22 7,622.19 - with maturity more than 12 months 18,614.91 22,729.03 Total 37,800.09 35,372.38 Particulars As at 31 March 2023 As at 31 March 2022 Term loans from banks and financial Institutions 18,140.32 20,957.61 Overdraft facilities 45.29 53.75 Collateral against securitisations 14,161.49 14,170.19 Secured non convertible debenture 199.40 189.81 Total 32,546.50 35,371.36 (a) The deposits are under lien as security against term loans and overdraft facilities availed, assets securitised, etc as below: