It is a broadly described annual report of Karur Vysya Bank in the year of 2015-2016. During the financial year 2015-16, The Bank’s total business crossed Rs. 89555 Crore as on 31st March 2016, registering an absolute growth of Rs. 8174 C.orer at a growth rate of 10.04%, over March 2015 level of Rs. 81381 Crore. Total deposits increased by 12.06% from Rs. 44690.27 Crore in FY15 to Rs. 50078.90 Crore in FY16. The Bank earned an operating profit of Rs. 1235.42 Crore for the year 2015-16 as against Rs. 943.29 Crore registered in the previous fiscal 2014-15. The net profit of the Bank increased by 22.26% to Rs. 567.63 Crore as against Rs. 464.28 Crore posted in the previous fiscal 2014-15. The paid-up share capital of the Bank as on 31st March 2016 was at Rs. 121.86 Crore comprising of 12,18,64,454 Equity shares of Rs.10/- each fully paid up.
The Board of Directors of the bank was pleased to recommend a dividend of Rs. 14/-per share (previous year Rs.13/-per share) for the reporting year.
More Annual Report of Karur Vysya Bank:
- Annual Report 2007-2008 of Karur Vysya Bank
- Annual Report 2008-2009 of Karur Vysya Bank
- Annual Report 2009-2010 of Karur Vysya Bank
- Annual Report 2010-2011 of Karur Vysya Bank
- Annual Report 2011-2012 of Karur Vysya Bank
- Annual Report 2012-2013 of Karur Vysya Bank
- Annual Report 2013-2014 of Karur Vysya Bank
- Annual Report 2014-2015 of Karur Vysya Bank
- Annual Report 2015-2016 of Karur Vysya Bank
- Annual Report 2016-2017 of Karur Vysya Bank
