Finance

Annual Report 2015-2016 of Bank of Maharashtra

Annual Report 2015-2016 of Bank of Maharashtra

It is a broadly described annual report of Bank of Maharashtra in the year of 2015-2016. During the financial year, The Bank’s Total Business has increased from Rs. 223329.21 Crore as on 31st March 2015 to Rs. 250230.10 Crore as on 31st March 2016, registering a growth of 12.05% on Y-o-Y basis. Total Deposits have increased from Rs. 122118.95 Crore as on 31st March 2015 to Rs. 138989.82 Crores as on 31st March 2016 registering a Y-o-Y growth of 13.82%. Operating profit during the year ended 31st March 2016 stood at Rs. 2345.18 Crore as against Rs. 2355.09 Crore as on 31st March 2015. Net profit during the year ended 31st March 2016 stood at Rs. 100.69 Crore as against Rs. 450.69 Crore during the year ended 31st March 2015. The total income of the Bank grew from Rs. 13671.42 Crore in FY 2014-15 to Rs. 14072.29 Crore in FY 2015-16 (growth of 2.93%).

The Board of Directors of the bank has not recommended any dividend for the financial year 2015-16.

More Annual Report of Bank of Maharashtra:

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