Annual Report 2006-2007 of Andhra Bank

It is a broadly described annual report of Andhra Bank in the year of 2006-2007. During the financial year, The Bank’s Total Business increased to Rs. 69,687 Crore as at the end of 31st March 2007, from Rs. 56.406 Crore as at the end of 31st March 2006, registering a growth rate of 23.55%.  The Total Deposits increased to Rs. 41,454 Crore from Rs. 33,922 Crore, registering a growth rate of 22.20%. The Operating Profit of the Bank has increased from Rs. 702.59 Crore for the year 2005-06 to Rs. 931.24 Crore for the current year, registering a growth rate of 32.54%. Net Profit improved from Rs. 485.50 Crore in the previous year to Rs. 537.90 Crore in 2006-07, registering a growth of 10.79%. Gross Profit from Core Operations (excluding Profit on Sale of Investments) of the Bank increased by Rs. 245.78 Crore to Rs. 877.53 Crore from Rs. 631.75 Crore, registering a growth rate of 38.90%.

The Board of Directors of the bank has recommended a final dividend of @18% for the financial year 2006-2007 and the dividend shall be paid on 05th June 2007 to the shareholders.

More Annual Report of Andhra Bank:

  1. Annual Report 2005-2006 of Andhra Bank
  2. Annual Report 2006-2007 of Andhra Bank
  3. Annual Report 2007-2008 of Andhra Bank
  4. Annual Report 2008-2009 of Andhra Bank
  5. Annual Report 2009-2010 of Andhra Bank
  6. Annual Report 2010-2011 of Andhra Bank
  7. Annual Report 2011-2012 of Andhra Bank
  8. Annual Report 2012-2013 of Andhra Bank
  9. Annual Report 2013-2014 of Andhra Bank
  10. Annual Report 2014-2015 of Andhra Bank
  11. Annual Report 2015-2016 of Andhra Bank
  12. Annual Report 2016-2017 of Andhra Bank