It is a broadly described annual report of Shamrao Vithal Co-operative Bank in the year of 2006-2007. During the financial year 2006-07, The Bank’s Total Business growth of Rs. 969.56 Crore as compared to Rs. 831.21 Crore during the F.Y. 2005-06. The Bank’s Deposits have grown by Rs. 558.42 Crore (an increase of 22.93%) during the F.Y. 2006-07 as against a growth of Rs. 427.97 Crore (an increase of 21.33%) during the F.Y 2005-2006. The Bank’s Profit before provisions and tax has risen by Rs. 9.50 Crore registering a growth of 21.80%. Profit before Provisions and Tax during the FY 2006-07 was Rs. 53.07 Crore as against Rs. 43.57 Crore in the previous year. Net profit during the FY2006-07 was Rs. 21.30 Crore as against Rs. 21.00 Crore in the previous year. The Paid up Capital of the Bank as on 31st March 2007 was Rs. 49.22 Crore.
The Board of Directors of the Bank has proposed a dividend @12% for the year ended 31st March 2007.
More Annual Report of Shamrao Vithal Co-operative Bank:
- Annual Report 2001-2002 of Shamrao Vithal Co-operative Bank
- Annual Report 2002-2003 of Shamrao Vithal Co-operative Bank
- Annual Report 2003-2004 of Shamrao Vithal Co-operative Bank
- Annual Report 2004-2005 of Shamrao Vithal Co-operative Bank
- Annual Report 2005-2006 of Shamrao Vithal Co-operative Bank
- Annual Report 2006-2007 of Shamrao Vithal Co-operative Bank
- Annual Report 2007-2008 of Shamrao Vithal Co-operative Bank
- Annual Report 2008-2009 of Shamrao Vithal Co-operative Bank
- Annual Report 2009-2010 of Shamrao Vithal Co-operative Bank
- Annual Report 2010-2011 of Shamrao Vithal Co-operative Bank
- Annual Report 2011-2012 of Shamrao Vithal Co-operative Bank
- Annual Report 2012-2013 of Shamrao Vithal Co-operative Bank
- Annual Report 2013-2014 of Shamrao Vithal Co-operative Bank
- Annual Report 2014-2015 of Shamrao Vithal Co-operative Bank
- Annual Report 2015-2016 of Shamrao Vithal Co-operative Bank
- Annual Report 2016-2017 of Shamrao Vithal Co-operative Bank