It is a broadly described annual report of Indian Bank in the year of 2008-2009. During the financial year, The Bank’s total income increased to Rs. 7,865.77 Crore with a strong growth in interest income to the tune of Rs. 1,617.40 Crore or 31.03%. Other Income at Rs. 1,035.44 Crore registered an increase of 2.96%. Operating profit increased to Rs. 2,228.83 Crore as against Rs. 1,659.30 Crore for 2007-08, registering a growth of 34.32%. Profit before tax for 2008-09 is at Rs. 1,786.10 Crore as against Rs. 1,234.98 Crore for 2007-08. Net profit for 2008-09 was at Rs. 1,245.32 Crore as compared to Rs. 1,008.74 Crore for 2007-08, showing a growth of 23.45% in the current year.
The Board of Directors of the bank has recommended a final dividend of @30% for 2008-09, thus making the total dividend for 2008-09 to @50%.
More Annual Report of Indian Bank:
- Annual Report 2008-2009 of Indian Bank
- Annual Report 2009-2010 of Indian Bank
- Annual Report 2010-2011 of Indian Bank
- Annual Report 2011-2012 of Indian Bank
- Annual Report 2012-2013 of Indian Bank
- Annual Report 2013-2014 of Indian Bank
- Annual Report 2014-2015 of Indian Bank
- Annual Report 2015-2016 of Indian Bank
- Annual Report 2016-2017 of Indian Bank
