Annual Report 2014-2015 of State Bank of Travancore

It is a broadly described annual report of State Bank of Travancore in the year of 2014-2015. During the financial year, The Bank’s total business stood at Rs. 1,60,984 Crore as on 31^st March 2015 against Rs. 1,60,119 Crore as on 31^st March 2014. Total Deposits of the Bank (including Inter-Bank Deposits) stood at Rs. 91,077 Crore as on 31^st March 2015 as against Rs. 89,337 Crore as on 31^st March 2014. The operating profit for the year ended 31^st March 2015 stood at Rs. 1,372.16 Crore as compared to Rs. 1,369.69 Crore recorded for the year ended 31^st March 2014. Net Profit for the year stood at Rs. 335.53 Crore as compared to Rs. 304.34 Crore for FY 2013–14. The earnings per share (face value of Rs.10/-) were Rs. 56.63 as on 31^st March 2015 as against Rs. 60.87 as on 31^st March 2014.

The Board of Directors of the Bank has declared a dividend of @50% for the year (previous year: @25%) to the shareholders, entailing a total payout of Rs. 35.55 Crore.

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