It is a broadly described annual report of IDFC Bank Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 1,120,643,116 Crore. Total income of the Bank during the year was Rs. 95,973,748 Crore. Total deposits of the Bank stood at Rs. 400,978,295 Crore respectively. Total expenses of the Bank for the year Rs. 85,346,305 Crore. The Profit before depreciation and tax for the year was Rs. 1,650 Crore. Net Profit after tax for the period of the Bank was Rs. 22,316,072 Crore. The Earnings per share (EPS) of the Bank for the year stood at Rs. 18.07.
The Board of Directors of the Company has recommended a dividend for the 2nd consecutive year at the rate of Rs. 0.75 per equity share of Rs. 10 each (i.e.@7.5%) for the year ended 31st March 2017 as against Rs. 0.25 per equity share for FY16.
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