Annual Report 2015-2016 of Karnataka Bank Limited

It is a broadly described annual report of Karnataka Bank Limited in the year of 2015-2016. During the financial year, The Bank’s total business turnover was Rs. 84390.66 Crore as on 31st March 2016, an increase of 8.63% over the preceding year. The total deposits of the Bank grew from Rs. 46008.61 Crore as on 31st March 2015 to Rs. 50488.21 Crore as on 31st March 2016, registering a growth of 9.74%. Bank earned an operating profit of Rs. 854.53 Crore for the year 2015-16 as against Rs. 773.38 Crore for the previous year showing a growth of 10.49%. The net profit of the Bank decreased from Rs. 451.45 Crore to Rs. 415.29 Crore on account of the increase in provision for loan loss. The earnings per share (basic) and the book value per share as on 31st March 2016 stood at Rs. 22.04 and Rs. 195.83 respectively.

The Board of Directors of the bank was pleased to recommend a dividend of Rs. 5/- per share i.e. @50% on the paid-up capital (previous year 50%) for the reporting year. The dividend payout ratio for the year works out to 22 .69%.

More Annual Report of Karnataka Bank Limited:

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