Annual Report 2016-2017 of Development Credit Bank

It is a broadly described annual report of Development Credit Bank in the year of 2016-2017. During the financial year, The Bank’s Total Assets have increased by Rs. 4,927.86 Crore and reached Rs. 24,046.38 Crore as on 31st March 2017 (Rs. 19,118.52 Crore as on 31st March 2016). Customer Deposits have increased by Rs. 3,141.13 Crore and Advances have increased by Rs. 2,896.24 Crore. In FY 2017, the Bank has posted an Operating Profit of Rs. 418.21 Crore (FY 2016 Rs. 349.03 Crore) and a Net Profit of Rs. 199.68 Crore (FY 2016 Rs. 194.52 Crore). The Bank has authorized share capital of Rs. 5.00 billion comprising 500,000,000 equity shares of Rs. 10/- each. As on 31st March 2017, the Bank has issued subscribed and paid-up capital of Rs. 2.85 billion, constituting 285,364,353 shares of Rs. 10/- each.

The Board of Directors of the bank is pleased to recommend a dividend of Rs. 0.50 per equity share of Rs. 10.00 each in respect of the financial year ended 31st March 2017.

More Annual Report of Development Credit Bank:

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