It is a broadly described annual report of Union Bank of India in the year of 2015-2016. During the financial year, The Bank’s Total Business of Rs. 6,20,445 Crore as on 31st March 2016, an increase of 7.04%. Total Deposits of Rs. 3,42,720 Crore as on 31st March 2016, an increase of 8.16%. Core Fee Income increased from Rs. 1,872 Crore to Rs. 1,879 Crore. The net profit for FY 2015-16 came down to Rs. 1351.6 Crore from Rs. 1781.6 Crore in FY 2014-15. The Book value per share at Rs. 287.51 for March 2016 and the Earnings per Share at Rs. 20.42.
The Board of Directors of the Bank has proposed a dividend of @19.50% i.e. Rs. 1.95 per share of the face value of Rs. 10/- for the year 2015-16.
More Annual Report of Union Bank of India:
- Annual Report 2009-2010 of Union Bank of India
- Annual Report 2010-2011 of Union Bank of India
- Annual Report 2011-2012 of Union Bank of India
- Annual Report 2012-2013 of Union Bank of India
- Annual Report 2013-2014 of Union Bank of India
- Annual Report 2014-2015 of Union Bank of India
- Annual Report 2015-2016 of Union Bank of India
- Annual Report 2016-2017 of Union Bank of India
