It is a broadly described annual report of Union Bank of India in the year of 2010-2011. During the financial year, The Bank’s Total Business increased by 22.04% from Rs. 2,91,289 Crore as on 31st March 2010 to Rs. 3,55,483 Crore as on 31st March 2011. Deposit growth of 19.07% from Rs. 1,70,040 Crore to Rs. 2,02,461 Crore and Advances growth of 26.20% from Rs. 1,21,249 Crore to Rs. 1,53,022 Crore. Total Income of the Bank increased by 21.04% from Rs. 15,277 Crore to Rs. 18,491 Crore. The Operating Profit for the year 2010-11 was Rs. 4,305 Crore, an increase of 17.66% over Rs. 3,659 Crore recorded in the previous year. Net Profit for the year Rs. 2082 Crore. The Book Value per share increased to Rs. 213.17 from Rs. 173.38 in the previous year. Earnings per share stood at Rs. 39.71 from Rs. 41.08 in the previous year.
The Board of Directors of the Bank has recommended a dividend of @80% for the year 2010-11, i.e. Rs. 8.0 for each share with face value of Rs. 10.0, as compared to @55% in the previous 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
