It is a broadly described annual report of Indian Overseas Bank in the year of 2005-2006. During the financial year, The Bank’s total income crossed the Rs. 5,000 Crore mark and aggregated to Rs. 5,134 Crore as compared to Rs. 4,751 Crore in the previous year. The total deposits of the Bank increased from Rs. 44,241 Crore as at the end of March 2005 to Rs. 50,529 Crore as of March 2006. The Bank’s operating profit increased to Rs. 1,534 Crore and the core operating profit rose significantly to Rs. 1,257 Crore as from Rs. 1,118 Crore in 2004-05. Net Profit rose from Rs. 651 Crore in 2004-05 to Rs. 783 Crore in 2005-06 showing a growth of 20.3%.
The Board of Directors of the bank has recommended a dividend of @26% is being proposed for the year 2005-06.
More Annual Report of Indian Overseas Bank:
- Annual Report 2004-2005 of Indian Overseas Bank
- Annual Report 2005-2006 of Indian Overseas Bank
- Annual Report 2006-2007 of Indian Overseas Bank
- Annual Report 2007-2008 of Indian Overseas Bank
- Annual Report 2008-2009 of Indian Overseas Bank
- Annual Report 2009-2010 of Indian Overseas Bank
- Annual Report 2010-2011 of Indian Overseas Bank
- Annual Report 2011-2012 of Indian Overseas Bank
- Annual Report 2012-2013 of Indian Overseas Bank
- Annual Report 2013-2014 of Indian Overseas Bank
- Annual Report 2014-2015 of Indian Overseas Bank
- Annual Report 2016-2017 of Indian Overseas Bank
