It is a broadly described annual report of Indian Overseas Bank in the year of 2006-2007. During the financial year, The Bank’s total income increased to Rs. 6,695 Crore (Rs. 5,134 Crore in 2005-06) and Rs. 6,219 Crore, before and after amortization respectively. The Bank improved its global deposits from Rs. 50,529 Crore as at the end of March 2006 to Rs. 68,740 Crore as of March 2007. The Bank achieved a global operating profit of Rs. 2,036 Crore before amortization of investments of Rs. 476 Crore in 2006-07 and Rs. 1,560 Crore after amortization. The Bank’s Net Profit rose from Rs. 783 Crore in 2005-06 to Rs. 1,008 Crore in 2006-07.
The Board of Directors of the bank has recommended a dividend of @30% is being proposed for the year 2006-07.
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
