It is a broadly described annual report of State Bank of Travancore in the year of 2008-2009. During the financial year, The Bank’s gross business turnover crossed the milestone of Rs. 75,000 Crore and stood at Rs. 75,014 Crore on 31st March 2009, registering a growth of 17.57% from the level of Rs. 63,801 Crore as on 31st March 2008. Total deposits of the Bank registered a growth of 18.92%, reaching the level of Rs. 42,041.92 Crore as on 31st March 2009 as against Rs. 35,353.89 Crore as on 31st March 2008. Operating profit of the Bank for 2008-09 stood at Rs. 1,056.27 Crore as against Rs. 709.09 Crore for the previous year. Net Profit for the year stood at Rs. 607.84 Crore as compared to Rs. 386.11 Crore in 2007-08. The Earnings per share (of Rs. 10/- face value) improved from Rs. 77.22 to Rs. 121.57.
The Board of Directors of the Bank has declared a dividend of @130% to the shareholders, entailing a total payout of Rs. 65 Crore.
More Annual Report of State Bank of Travancore:
- Annual Report 2008-2009 of State Bank of Travancore
- Annual Report 2009-2010 of State Bank of Travancore
- Annual Report 2010-2011 of State Bank of Travancore
- Annual Report 2011-2012 of State Bank of Travancore
- Annual Report 2012-2013 of State Bank of Travancore
- Annual Report 2013-2014 of State Bank of Travancore
- Annual Report 2014-2015 of State Bank of Travancore
- Annual Report 2015-2016 of State Bank of Travancore