It is a broadly described annual report of Corporation Bank in the year of 2007-2008. During the financial year, The Bank’s Total business increased by Rs. 22,302 Crore to Rs. 94,610 Crore at the end of the year 2007-08, from Rs. 72,307 Crore, recording a growth rate of 30.85%. The total income of the Bank improved to Rs. 5,216.33 Crore during the year 2007-08 from Rs. 3,996 Crore in the previous year recording a rise of Rs. 1,220.33 Crore (30.54%). The Gross Profit for the financial year 2007-08 stood at Rs. 1,251.14 Crore as compared to Rs. 1140.04 Crore in the financial year 2006-07 registering an increase of Rs. 111.10 Crore (9.74%). The Bank registered a Net Profit of Rs. 734.99 Crore for the financial year 2007-08 compared to Rs. 536.14 Crore in the financial year 2006-07.
The Board of Directors of the bank has recommended the final dividend of @60% for the financial year 2007-08. The total dividend for the year 2007-08 will be 105%, which works out to Rs. 10.50 per fully paid-up share of Rs.10/- each.
More Annual Report of Corporation Bank:
- Annual Report 2006-2007 of Corporation Bank
- Annual Report 2007-2008 of Corporation Bank
- Annual Report 2008-2009 of Corporation Bank
- Annual Report 2009-2010 of Corporation Bank
- Annual Report 2010-2011 of Corporation Bank
- Annual Report 2011-2012 of Corporation Bank
- Annual Report 2012-2013 of Corporation Bank
- Annual Report 2013-2014 of Corporation Bank
- Annual Report 2014-2015 of Corporation Bank
- Annual Report 2015-2016 of Corporation Bank
- Annual Report 2016-2017 of Corporation Bank
