It is a broadly described annual report of South Indian Bank in the year of 2009-2010. During the financial year, The Bank’s total gross business of Rs. 38982 Crore, consisting of total deposits of Rs. 23012 Crore and gross advances of Rs. 15970 Crore as on 31st March 2010 registering a total business growth of 29.69% over the previous year. The Bank could increase its total deposits to Rs. 23012 Crore from Rs. 18092 Crore last year, registering a growth of 27.19%. The Bank has achieved a record net profit of Rs. 233.76 Crore during the year registering a growth of 20.1% over the previous year. The Net worth of the Bank has gone up from Rs. 1304 Crore to Rs. 1484.71 Crore due to plough back of profits during the year.
The Board of Directors of the Bank has proposed a dividend of @40% (tax-free in the hands of shareholders), i.e., @ Rs.4/- per Equity share of face value of Rs. 10/- per share as against @30%, i.e. Rs. 3/- per share declared last year.
More Annual Report of South Indian Bank:
- Annual Report 2009-2010 of South Indian Bank
- Annual Report 2010-2011 of South Indian Bank
- Annual Report 2011-2012 of South Indian Bank
- Annual Report 2012-2013 of South Indian Bank
- Annual Report 2013-2014 of South Indian Bank
- Annual Report 2014-2015 of South Indian Bank
- Annual Report 2015-2016 of South Indian Bank
- Annual Report 2016-2017 of South Indian Bank
