Annual Report 2015-2016 of State Bank of Travancore

It is a broadly described annual report of State Bank of Travancore in the year of 2015-2016. During the financial year, The Bank’s Total Business stood at Rs. 1,68,123 Crore as on 31^st March 2016 against Rs. 1,60,984 Crore as on 31^st March 2015. Total Deposits of the Bank grew by Rs. 10,042 Crore to Rs. 1,01,119 Crore as on 31^st March 2016 as against Rs. 91,077 Crore as on 31^st March 2015. The Operating Profit for the year ended 31^st March 2016 grew by 31.06% from Rs. 1,372.16 Crore as on 31^st March 2015 to Rs. 1,798.33 Crore as on 31^st March 2016. The Net Profit for the year stood at Rs. 337.73 Crore as compared to Rs. 335.53 Crore for FY 2014–15. The earnings per share (face value of Rs.10/-) was Rs. 47.50 as on 31^st March 2016 as against Rs. 56.63 as on 31^st March 2015.

The Board of Directors of the Bank has declared a dividend of Rs.5/- per equity share of face value Rs.10/- each for the year (previous year dividend Rs.5/- per equity share) to the shareholders, entailing a total payout of Rs. 35.55 Crore.

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