It is a broadly described annual report of HDFC Bank in the year of 2006. During the financial year, The Bank’s total reserves stood at Rs. 1,153,377,906/- as at 31st December 2006. Asset growth of the Bank increased to 21% compared to a growth of 19% the previous year from Rs. 8,833 million in 2005 to Rs. 10,705 million in 2006. Total deposits and borrowings grew by 18.55% from Rs. 6,501 million to Rs. 7,707 million. The Bank increased its pre-tax profits by 38% from Rs. 217 million in 2005 to Rs. 308 million. The profit after tax increased during the year under review to Rs. 172 million from Rs. 116 million in 2005. Total shareholders’ funds also rose by Rs. 158 million or 9.62%to Rs. 1,800 million from Rs. 1,642 million as a result of higher retained earnings.
The Board of Directors of the bank has recommended a dividend payment (final) of Rs. 10/- per share for the year 2006.
More Annual Report of HDFC Bank:
- Annual Report 2005 of HDFC Bank
- Annual Report 2006 of HDFC Bank
- Annual Report 2007 of HDFC Bank
- Annual Report 2008 of HDFC Bank
- Annual Report 2009 of HDFC Bank
- Annual Report 2010 of HDFC Bank
- Annual Report 2011 of HDFC Bank
- Annual Report 2012 of HDFC Bank
- Annual Report 2013 of HDFC Bank
- Annual Report 2014 of HDFC Bank
- Annual Report 2015 of HDFC Bank
- Annual Report 2016 of HDFC Bank
