Finance

Annual Report 2000-2001 of IDBI Bank

Annual Report 2000-2001 of IDBI Bank

It is a broadly described annual report of IDBI Bank in the year of 2000-2001. During the financial year 2000-01, The Bank’s Gross operating income was Rs. 88,279 million as compared to Rs. 86,337 million in 1999-2000. The Bank’s Profit before Tax (PBT) of Rs. 7,340 million as against Rs. 10,270 million in the previous year. After providing for the tax of Rs.430 million, the Profit after Tax (PAT) amounted to Rs. 6,910 million as against Rs. 9,470 million in 1999- 2000. Total assets of the Bank, as on 31st March 2001, stood at Rs. 717,834 million as compared to Rs. 722,854 million as at end-March 2000.

The Board of Directors of the bank has recommended a dividend at @45% on equity share capital for the year 2000-01.