It is a broadly described annual report of South Indian Bank in the year of 2011-2012. During the financial year, The Bank’s total gross business of Rs. 63,974 Crore, consisting of the total deposit of Rs. 36,501 Crore and gross advances of Rs. 27,473 Crore as on 31st March 2012 registering a growth of 26.98% over the previous year. The Bank could increase its total deposits to Rs. 36,501 Crore from Rs. 29,721 Crore last year, registering a growth of 22.81%. The Operating Profit for the year under review is Rs. 682.72 Crore before depreciation, taxes, and provisions. The Bank has achieved a record net profit of Rs. 401.66 Crore during the year registering a growth of 37.29% over the previous year. The Bank was having an issued and paid-up capital of Rs. 113.37 Crore as on 31st March 2012.
The Board of Directors of the Bank has proposed a dividend of @ 60% (tax-free in the hands of shareholders), i.e., @ Rs.0.60/- per Equity share of face value of Rs.1/- per share as against 50%, i.e. Rs.0.50/- 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