Annual Report 2016-2017 of Karnataka Bank Limited

It is a broadly described annual report of Karnataka Bank Limited in the year of 2016-2017. During the financial year, The Bank’s total business turnover was Rs. 93736.76 Crore as on 31st March 2017, an increase of 11.07% (Previous year Rs. 84390.66 Crore). The total deposits of the Bank grew from Rs. 50488.21 Crore as on 31st March 2016, to Rs. 56733.11 Crore as on 31st March 2017, registering a growth of 12.37%. Bank earned an operating profit of Rs. 995.80 Crore for the year 2016-17 as against Rs. 854.53 Crore for the previous year showing a growth of 16.53%. The net profit of the Bank increased from Rs. 415.29 Crore to an all-time high of Rs. 452.26 Crore showing a growth of 8.90%. The earnings per share (basic) and the book value per share as on 31st March 2017 stood at Rs. 19.38 and Rs. 177.12 respectively.

The Board of Directors of the bank was pleased to recommend a dividend of Rs. 4/- per share i.e. @40% on the paid-up capital (previous year 50%) for the reporting year.

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