It is a broadly described annual report of Syndicate Bank in the year of 2011-2012. During the financial year, The Bank’s business grew by 16.24% from Rs. 243946 Crore in 2010-11 to Rs. 283558 Crore in 2011-12, whereas, Bank’s domestic business rose by Rs. 34330 Crore (15.30%) to Rs. 258660 Crore during the year 2011-12. Global deposits of the Bank grew by 16.48% from Rs. 135596 Crore in 2010-11 to Rs. 157941 Crore in 2011-12. Domestic deposits grew by 16.49% from Rs. 126796 Crore in 2010-11 to Rs. 147707 Crore in 2011-12. The Bank’s total income rose by 32.17% from Rs. 12365.98 Crore in 2010-11 to Rs. 16344.23 Crore in 2011-12. Operating Profit of the Bank jumped by 21.71% from Rs. 2749.78 Crore in 2010-11 to Rs. 3346.80 Crore in 2011-12. Net Profit, zoomed by 25.33% from Rs. 1047.95 Crore in 2010-11 to Rs. 1313.39 Crore in 2011-12. The Earning per Share (EPS) of the Bank improved from Rs. 20.03 as at 31st March 2011 to Rs. 22.89 as at 31st March 2012.
The Board of Directors of the Bank has declared a dividend of Rs. 3.80 per share (@38%), amounting to Rs. 265.85 Crore (including Dividend Tax of Rs. 37.11 Crore), for the financial year 2011-12 as compared to the dividend of Rs. 3.70 per share (@37%) declared during the financial year 2010-11.
More annual report of Syndicate Bank:
- Annual (Director’s) Report 2009-2010 of Syndicate Bank
- Annual Report 2010-2011 of Syndicate Bank
- Annual Report 2011-2012 of Syndicate Bank
- Annual Report 2012-2013 of Syndicate Bank
- Annual Report 2013-2014 of Syndicate Bank
- Annual Report 2014-2015 of Syndicate Bank
- Annual Report 2015-2016 of Syndicate Bank
- Annual Report 2016-2017 of Syndicate Bank
