Annual Report 2013-2014 of IndusInd Bank Limited

It is a broadly described annual report of IndusInd Bank Limited in the year of 2013-2014. During the financial year, The Bank’s Total Income grew by 21.54% to Rs. 10,144.06 Crores from Rs. 8,346.19 Crores. Net Interest Income improved by 29.46% to Rs. 2,890.71 Crores from Rs. 2,232.86 Crores while Non-Interest Income rose to Rs. 1,890.53 Crores from Rs. 1,362.96 Crores, a rise of 38.71%. Operating Profit during the year under review rose by 40.84% to Rs. 2,694.11 Crores, from the level of Rs. 1,912.89 Crores in the previous year. The Bank’s Net Profit, after considering necessary Provisions and Contingencies and all expenses, was higher by 32.68% at Rs. 1,408.02 Crores as against Rs. 1,061.18 Crores in the previous year. The Earning per Share (EPS) of the Bank has risen to Rs. 26.85 during the year 2013-14, from Rs. 21.83 in the previous year.

The Board of Directors of the bank has recommended a Dividend of Rs. 3.50 per equity share of Rs. 10/- each for the year ended 31^st March 2014.

More Annual Report of IndusInd Bank Limited: