It is a broadly described annual report of Laxmi Vilas Bank in the year of 2007-2008. During the financial year, The Bank’s total business climbed to Rs. 9477.27 Crores from Rs. 8632.57 Crores as on 31st March 2008 registering a growth rate of 10%. The total deposit during the year has grown from Rs. 5019.87 Crores in 2006-07 to Rs. 5618.49 Crores registering a growth of 12%. The operating profit for the year is Rs. 90.17 Crores as against Rs. 73.58 Crores for the year 2006-2007 registering a growth of 22.54%. The net profit for the year after provisions and taxes amounts to Rs. 25.27 Crores as against Rs. 17.58 Crores recorded in 2006-07 registering a growth of 43.75%. The Earnings per Share and the Book Value of the share stood at Rs. 5.18 and Rs. 85.63 respectively as at 31st March 08.
The Board of Directors of the bank was pleased to recommend a dividend of @15% for the year ended 31st March 2008 as against @7% for the year ended 31st March 2007.
More Annual Report of Laxmi Vilas Bank:
- Annual Report 2007-2008 of Laxmi Vilas Bank
- Annual Report 2008-2009 of Laxmi Vilas Bank
- Annual Report 2009-2010 of Laxmi Vilas Bank
- Annual Report 2010-2011 of Laxmi Vilas Bank
- Annual Report 2011-2012 of Laxmi Vilas Bank
- Annual Report 2012-2013 of Laxmi Vilas Bank
- Annual Report 2013-2014 of Laxmi Vilas Bank
- Annual Report 2014-2015 of Laxmi Vilas Bank
- Annual Report 2015-2016 of Laxmi Vilas Bank
- Annual Report 2016-2017 of Laxmi Vilas Bank
