It is a broadly described annual report of Vijaya Bank in the year of 2011-2012. During the financial year, The Bank’s Total business during the year reached Rs. 141727 Crore (recording 16% increase Y-o-Y). Total deposits grew by 13.39% to reach Rs. 83056 Crore from Rs. 73248 Crore of last year. The operating profit for the year 2011-12 was Rs. 1231 Crore as compared to Rs. 1047 Crore for 2010-11. Net profit for the year 2011-12 is Rs. 581 Crore as compared to Rs. 524 Crore for 2010-11, recording a growth of 11%.
The Board of Directors of the Bank has recommended a dividend of Rs. 2.50 per Equity Share of the face value of Rs. 10/- for the year 2011-12. The total amount of equity dividend payable including dividend tax is Rs. 143.98 Crore.
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