It is a broadly described annual report of Andhra Bank in the year of 2011-2012. During the financial year, The Bank’s Total Business increased to Rs. 1,90,535 Crore from Rs. 1,64,311 Crore in 2010-11, registering a growth rate of 16.0%. Total Deposits increased to Rs. 1,05,851 Crore from Rs. 92,156 Crore in the previous year, registering a growth rate of 14.9%. Operating Profit (excluding Profit on sale of Investments) of the Bank increased to Rs. 2694 Crore, recording a growth rate of 18.6%. Net Profit increased by 6.1% to reach Rs. 1,345 Crore as on 31st March 2012. Earnings per Share (EPS) stood at Rs. 24.03 and Book Value per Share (BVPS) increased from Rs. 116.02 to Rs. 126.36.
The Board of Director’s of the bank has recommended a dividend of @55% (Rs. 5.50ps. per equity share) for the financial year 2011-2012.
More Annual Report of Andhra Bank:
- Annual Report 2005-2006 of Andhra Bank
- Annual Report 2006-2007 of Andhra Bank
- Annual Report 2007-2008 of Andhra Bank
- Annual Report 2008-2009 of Andhra Bank
- Annual Report 2009-2010 of Andhra Bank
- Annual Report 2010-2011 of Andhra Bank
- Annual Report 2011-2012 of Andhra Bank
- Annual Report 2012-2013 of Andhra Bank
- Annual Report 2013-2014 of Andhra Bank
- Annual Report 2014-2015 of Andhra Bank
- Annual Report 2015-2016 of Andhra Bank
- Annual Report 2016-2017 of Andhra Bank