Arohan Financial Services Limited | Annual Report 2022-23

| 154 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 27: Dividend income Year ended 31 March 2023 Year ended 31 March 2022 Dividend Income - 3.50 Total - 3.50 Note 28: Fees and commission income Year ended 31 March 2023 Year ended 31 March 2022 Income from cross sale business 10,209.69 4,172.35 Total 10,209.69 4,172.35 Note 29: Net gain on derecognition of financial instruments Year ended 31 March 2023 Year ended 31 March 2022 Gain on sale of loan portfolio through assignment 3,586.49 - Total 3,586.49 - Note 30: Other operating income Year ended 31 March 2023 Year ended 31 March 2022 Other operating income 52.30 124.02 Total 52.30 124.02 Note 31: Other income Year ended 31 March 2023 Year ended 31 March 2022 Interest income on deposits with banks 1,807.90 1,836.15 Miscellaneous income 346.24 33.88 Total 2,154.14 1,870.03 Note 32: Finance costs Year ended 31 March 2023 Year ended 31 March 2022 ( Measured at amortised cost ) Interest on debt securities 3,339.47 8,008.75 Interest on borrowings (other than debt securities) 34,750.83 28,289.38 Interest on subordinated liabilities 7,305.37 2,868.82 Interest on leasing arrangements 59.70 54.50 Other interest expenses 1,409.05 954.89 Total 46,864.42 40,176.34