Annual Report 2012-2013 of State Bank of Travancore

It is a broadly described annual report of State Bank of Travancore in the year of 2012-2013. During the financial year, The Bank’s total business reached the level of Rs. 152,108 Crore as on 31^st March 2013, reflecting a growth of 19.94% from Rs. 1,26,816 Crore as on 31^st March 2012. Total Deposits of the Bank went up to Rs. 84,624 Crore as on 31^st March 2013 from the level of Rs. 71,470 Crore as on 31^st March 2012. Operating profit for the year 2012-13 increased by 8.17% to Rs. 1,351 Crore from 1,248.80 Crore registered a year ago. Net Profit for the year stood at Rs. 615.04 Crore as compared to Rs. 510.46 Crore for the previous year 2011-12, indicating a growth of Rs. 20.49% over last year. The earnings per share (face value of Rs.10/-) are at Rs. 123.01 as against Rs. 102.09 as at the end of previous year.

The Board of Directors of the Bank has declared a dividend of Rs. 20/- per share (@200%) for the year to the shareholders, entailing a total payout of Rs. 100 Crore. Of this, an interim dividend of Rs. 17/- per share (@170%) was paid out on 16^th April 2013.

More Annual Report of State Bank of Travancore: