Annual Report 2011-2012 of State Bank of Travancore

It is a broadly described annual report of State Bank of Travancore in the year of 2011-2012. During the financial year, The Bank’s total business stood at Rs. 1,26,816 Crore as on 31^st March 2012, registering a growth of 21.70% from the level of Rs. 1,04,202 Crore as on 31^st March 2011. Total Deposits of the Bank moved up to Rs. 71,470 Crore as on 31^st March 2012 from Rs. 58,158 Crore as on 31^st March 2011. Operating profit of the Bank for 2011-12 went up by 6.19 % to Rs. 1248.80 Crore from Rs. 1,175.97 Crore for the previous year. Net Profit for the year stood at Rs. 510.46 Crore as compared to Rs. 727.73 Crore in 2010-11. The Earnings per share (of Rs.10/- face value) stood at Rs. 102.09 compared to Rs. 145.55 at the end of the previous year.

The Board of Directors of the Bank has declared a dividend of Rs.18/- per share (@180%) for the year to the shareholders, entailing a total payout of Rs. 90 Crore Of this, an interim dividend of Rs.16/- per share (@160%) was paid out in April 2012.

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