It is a broadly described annual report of Indian Bank in the year of 2016-2017. During the financial year, The Bank’s total income increased by 1.25% to Rs. 18,251.12 Crore, with Interest Income at Rs. 16,039.75 Crore and other Income at Rs. 2211.37 Crore. Total Deposits grew by Rs. 4223 Crore (2.37%) for the financial year 2016-17 to Rs. 1,82,509 Crore. Operating Profit increased to Rs. 4000.71 Crore as against Rs. 3032.09 Crore for FY 2015-16. Net Profit for FY 2016-17 was at Rs. 1405.68 Crore as compared to Rs. 711.38 Crore for 2015-16. Earnings per share were at Rs. 29.27 and Book value was at Rs. 301.10 as on 31st March 2017.
The Board of Directors of the bank has recommended a final dividend of @60% for the financial year 2016-17.
More Annual Report of Indian Bank:
- Annual Report 2008-2009 of Indian Bank
- Annual Report 2009-2010 of Indian Bank
- Annual Report 2010-2011 of Indian Bank
- Annual Report 2011-2012 of Indian Bank
- Annual Report 2012-2013 of Indian Bank
- Annual Report 2013-2014 of Indian Bank
- Annual Report 2014-2015 of Indian Bank
- Annual Report 2015-2016 of Indian Bank
- Annual Report 2016-2017 of Indian Bank
