It is a broadly described annual report of Syndicate Bank in the year of 2013-2014. During the financial year, The Bank’s global business grew by 16.07% from Rs. 334779 Crore in 2012-13 to Rs. 388584 Crore in 2013-14, whereas domestic business rose by 13.51% from Rs. 291337 Crore in 2012-13 to Rs. 330701 Crore in 2013-14. Global deposits of the Bank grew by 14.56% from Rs. 185356 Crore in 2012-13 to Rs. 212343 Crore in 2013-14. The Bank’s total income rose by 9.02% from Rs. 18295.05 Crore in 2012-13 to Rs. 19945.21 Crore in 2013-14. Operating profit grew by 3.29% from Rs. 3449.59 Crore in 2012-13 to Rs. 3562.95 Crore in 2013-14. Net profit stood at Rs. 1711 Crore in FY 2013-14 as against Rs. 2004 Crore in FY 2012-13. The Earning per share (EPS) of the Bank stood at Rs. 28.21 in 2013-14 as compared to Rs. 33.30 in 2012-13.
The Board of Directors of the Bank has declared a dividend of @30% for the year ended March 2014. This is in addition to an Interim Dividend of 25% paid in January 2014.
More annual report of Syndicate Bank:
- Annual (Director’s) Report 2009-2010 of Syndicate Bank
- Annual Report 2010-2011 of Syndicate Bank
- Annual Report 2011-2012 of Syndicate Bank
- Annual Report 2012-2013 of Syndicate Bank
- Annual Report 2013-2014 of Syndicate Bank
- Annual Report 2014-2015 of Syndicate Bank
- Annual Report 2015-2016 of Syndicate Bank
- Annual Report 2016-2017 of Syndicate Bank