It is a broadly described annual report of DCB Bank Limited in the year of 2016-2017. During the financial year, Total assets of the Bank have increased by Rs. 4,927.86 crore and reached Rs. 24,046.38 Crore as on 31st March 2017 (Rs. 19,118.52 Crore as on 31st March 2016). The Bank posted a net total income of Rs. 23,255,997 Crore for FY17 as against a net total income of Rs. 19,189,220 Crore for FY16. The Bank’s Deposits have increased by Rs. 3,141.13 Crore and Advances have increased by Rs. 2,896.24 Crore. Provisions Other Than Tax have increased to Rs. 87.91 Crore in FY 2016 from Rs. 69.42 Crore in FY 2015. Total expenditure of the Bank for the year was Rs. 21,259,245 Crore. In FY 2017, the Bank has posted an Operating Profit of Rs. 418.21 Crore (FY 2016 Rs. 349.03 Crore) and a Net Profit of Rs. 199.68 Crore (FY 2016 Rs. 194.52 Crore). The Earnings per share (EPS) of the Bank for the year stood at Rs. 7.01.
The Board of Directors of the Bank has recommended a dividend of Rs. 0.50 per equity share of Rs. 10.00 each in respect of the financial year ended 31st March 2017.
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