It is a broadly described annual report of South Indian Bank in the year of 2012-2013. During the financial year, The Bank’s total gross business of Rs. 76,276 Crore, consisting of the total deposit of Rs. 44,262 Crore and gross advances of Rs. 32,014 Crore as on 31st March 2013 registering a growth of 19.23% over the previous year. The Bank could increase its total deposits to Rs. 44,262 Crore from Rs. 36,501 Crore as on 31st March 2012, registering a growth of 21.26%. The Operating Profit for the year under review was Rs. 888.48 Crore before depreciation, taxes, and provisions. The Bank had achieved a record net profit of Rs. 502.27 Crore during the year registering a growth of 25.05% over the previous year. The Bank’s issued and paid-up capital stood at Rs. 133.85 Crore as on 31st March 2013.
The Board of Directors of the Bank has proposed a dividend of @70% (tax-free in the hands of shareholders), i.e., @ Rs.0.70 per Equity Share of face value of Rs.1/- per share vis-à-vis 60%, i.e.Rs.0.60 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
