Annual Report 2014-2015 of Punjab National Bank

It is a broadly described annual report of Punjab National Bank in the year of 2014-2015. During the financial year, The Bank’s total business reached Rs. 8,81,913 Crore at the end of March 2015, registering an absolute increase of Rs. 81247 Crore and a Y-o-Y growth of 10.1%. The Bank’s Total Deposits amounted to Rs. 5,01,379 Crore as at the end of March 2015, showing an absolute accretion of Rs. 49,982 Crore and a growth of 11.1% over previous year. The Bank’s Operating Profit increased from Rs. 11384 Crore as at 31^st March 2014 to Rs. 11955 Crore as at 31^st March 2015. The Net Profit stood at Rs. 3062 Crore.

The Board of Directors of the bank has recommended a final dividend of Rs. 3.30 per equity share of Rs. 2/- each (i.e. @165%) for the financial year 2015.

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