It is a broadly described annual report of Vijaya Bank in the year of 2014-2015. During the financial year, The Bank’s Total business of the Bank reached all-time high level of Rs. 214035 Crore. Deposits increased from Rs. 124296 Crore as on 31st March 2014 to Rs. 126343 Crore as on 31st March 2015. Operating profit for the year ended March 2015 increased by 14.07% to Rs. 1259.03 Crore and Net Profit increased by 5.65% to Rs. 439.41 Crore. Total income of the Bank for the year 2014-15 increased to Rs. 13153 Crore against Rs. 11417 Crore for the year 2013-14, up by 15.20%. The Authorized Capital of the Bank at present is Rs. 3000 Crore divided into 300 Crore shares of Rs.10/- each. The total paid up (equity share) capital of the bank is Rs. 859.12 Crore.
The Board of Directors of the Bank has recommended a dividend of Rs. 1.50 per share (@15%), for the year 2014-15. The total amount of equity dividend including dividend tax for 2014-15 is Rs. 155.10 Crore.
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