It is a broadly described annual report of Andhra Bank in the year of 2015-2016. During the financial year, The Bank’s Total Business increased to Rs. 3,10,673 Crore as on 31st March 2016, from Rs. 2,84,588 Crore as on 31st March 2015 registering a growth rate of 9.2%. Total Deposits increased to Rs. 174302 Crore from Rs. 155012 Crore in the previous year, registering a growth rate of 12.4%. Total Income for the financial year 2015-16 increased by 7.4%, from Rs. 17,868 Crore during the financial year 2014-15 to Rs. 19,199 Crore. Operating Profit of the Bank increased to Rs. 3,960 Crore compared to Rs. 3,298 Crore in the previous year registering a growth rate of 20.1%. Net Profit stood at Rs. 540 Crore for the financial year 2015-16.
The Board of Directors of the bank has recommended a dividend of Rs. 0.50ps. Per equity share (i.e. @5%) for the Financial Year 2015-16.
More Annual Report of Andhra Bank:
- Annual Report 2005-2006 of Andhra Bank
- Annual Report 2006-2007 of Andhra Bank
- Annual Report 2007-2008 of Andhra Bank
- Annual Report 2008-2009 of Andhra Bank
- Annual Report 2009-2010 of Andhra Bank
- Annual Report 2010-2011 of Andhra Bank
- Annual Report 2011-2012 of Andhra Bank
- Annual Report 2012-2013 of Andhra Bank
- Annual Report 2013-2014 of Andhra Bank
- Annual Report 2014-2015 of Andhra Bank
- Annual Report 2015-2016 of Andhra Bank
- Annual Report 2016-2017 of Andhra Bank
