It is a broadly described annual report of Karur Vysya Bank Limited in the year of 2014-2015. During the financial year, Total assets of the Bank stood at Rs. 53152,47,78 Crore. The total business of the Bank stood at Rs. 81381.04 Crore as on 31st March 2015, against Rs. 77983.66 Crore a year before, growth of 4.36%. The Bank’s Gross deposits increased by 2.13% to rs. 44690.27 Crore against Rs. 43757.68 Crore last year. Savings Deposits increased by 16.75% to Rs. 6314 Crore. The Bank’s total expenditure was Rs. 5521,10,09 Crore during FY 2014-15. The Bank’s Operating Profit during the year was Rs. 943.29 Crore as against Rs. 837.79 Crore for FY 2013-14. The Bank has posted a Net Profit for FY 2014-15 was at Rs. 464.28 Crore as compared to Rs. 429.60 Crore for 2013-14. The Earnings per share (EPS) of the Bank for the year was at Rs. 39.86. As at the end of the FY15, the Bank’s paid up share capital stood at Rs. 121.63 Crore, consisting of 12,16,29,609 Equity shares of Rs. 10/- each fully paid up.
The Board of Directors of the Bank has recommended a dividend of Rs. 13/- per share (i.e. @130% on the paid up capital same as the previous fiscal) for the reporting year.
More Annual Report of Karur Vysya Bank Limited: