Annual Report 2014-2015 of South Indian Bank

Annual Report 2014-2015 of South Indian Bank

It is a broadly described annual report of South Indian Bank in the year of 2014-2015. During the financial year, The Bank’s total Gross Business of Rs. 89,638.14 Crore, consisting of Gross Advances of Rs. 37,725.65 Crore as on 31st March 2015. The total deposits of the Bank increased from Rs. 47,491.09 Crore as on 31st March 2014 to Rs. 51,912.49 Crore registering a growth of 9.31%. The Net Operating Income of the Bank increased by Rs. 96.07 Crore (5.44%) from Rs. 1767.24 Crore to Rs. 1863.30 Crore. The Operating Profit for the year under review was Rs. 880.89 Crore before depreciation, taxes, and provisions as against Rs. 928.95 Crore for the year 2013-14. The Bank has achieved a net profit of Rs. 307.20 Crore during the year against the net profit of Rs. 507.50 Crore posted during the previous year. The Bank’s issued and paid-up capital stood at Rs. 135.02 Crore as on 31st March 2015.

The Board of Directors of the Bank has proposed a dividend of @ 60% (tax-free in the hands of shareholders), i.e., @ Rs.0.60 per Equity Share of face value of Rs.1/- per share.

More Annual Report of South Indian Bank:

  1. Annual Report 2009-2010 of South Indian Bank
  2. Annual Report 2010-2011 of South Indian Bank
  3. Annual Report 2011-2012 of South Indian Bank
  4. Annual Report 2012-2013 of South Indian Bank
  5. Annual Report 2013-2014 of South Indian Bank
  6. Annual Report 2014-2015 of South Indian Bank
  7. Annual Report 2015-2016 of South Indian Bank
  8. Annual Report 2016-2017 of South Indian Bank