It is a broadly described annual report of Corporation Bank in the year of 2008-2009. During the financial year, The Bank’s total business increased by Rs. 27,886 Crore to Rs. 1,22,496 Crore at the end of the year 2008-09, from Rs. 94,610 Crore, recording a growth rate of 29.47%. The total income of the Bank improved to Rs. 7,174.57 Crore during the year 2008-09 from Rs. 5,216.33 Crore in the previous year recording a rise of Rs. 1,958 Crore (37.54%). The Gross Profit for the financial year 2008-09 stood at Rs. 1,796.62 Crore as compared to Rs. 1,251.14 Crore in the financial year 2007-08 registering an increase of Rs. 545.48 Crore (43.60%). The Bank registered a Net Profit of Rs. 892.77 Crore for the financial year 2008-09 compared to Rs. 734.99 Crore in the financial year 2007-08.
The Board of Directors of the bank has recommended the final dividend of Rs. 8.00 per share of Rs.10/- each for the financial year 2008-09. The total dividend for the year 2008-09 will be Rs. 12.50 per 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
