It is a broadly described annual report of Andhra Bank in the year of 2012-2013. During the financial year, The Bank’s Total Business increased from Rs. 1,90,535 Crore in 2011-12 to Rs. 2,23,933 Crore in 2012-13, registering a growth rate of 17.5%. Total Deposits increased to Rs. 1,23,796 Crore from Rs. 1,05,851 Crore in the previous year, registering a growth rate of 17.0%. Total Income for the Financial Year 2012-13 increased by 14.4% from Rs. 12,199 Crore during the 2012-13 to Rs. 13,957 Crore. Operating Profit of the Bank for 2012-13 stood at Rs. 2,767 Crore, while Net Profit stood at Rs. 1,289 Crore. Andhra Bank’s Equity Capital stood at Rs. 560 Crore for the Financial Year ended 31st March 2013.
The Board of Director’s of the bank has recommended a dividend of @50% (Rs. 5.00/- per equity share) for the financial year 2012-2013.
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