It is a broadly described annual report of Union Bank of India in the year of 2009-2010. During the financial year, The Bank’s Total Business stood at Rs. 2.91 lakh Crore as against Rs. 2.37 lakh Crore as on 31st March 2009, an increase of 22.9%. The operating profit of the Bank registered a growth of 18.72% to Rs. 3659 Crore from Rs. 3082 Crore in the previous year. Total income and the net profit of the Bank was Rs. 15,277 Crore and Rs. 2,075 Crore respectively for the financial year ended 31st March 2010 as against Rs. 13372 Crore and Rs. 1727 Crore respectively in the previous year. The Earning per share (EPS) ratio showed improvement to Rs. 41.08 as against Rs. 34.18 in the previous year, while the cost to income ratio declined to 40.66% as against 41.81% in the previous year.
The Board of Directors of the Bank has recommended a dividend of @55% for the year ended 31st March 2010 as compared to a dividend of @50% in the preceding year.
More Annual Report of Union Bank of India:
- Annual Report 2009-2010 of Union Bank of India
- Annual Report 2010-2011 of Union Bank of India
- Annual Report 2011-2012 of Union Bank of India
- Annual Report 2012-2013 of Union Bank of India
- Annual Report 2013-2014 of Union Bank of India
- Annual Report 2014-2015 of Union Bank of India
- Annual Report 2015-2016 of Union Bank of India
- Annual Report 2016-2017 of Union Bank of India
