Finance

Annual Report 2007-2008 of Punjab and Sind Bank

Annual Report 2007-2008 of Punjab and Sind Bank

It is a broadly described annual report of Punjab & Sind Bank in the year of 2007-2008. During the financial year, The Bank’s total business of the Bank stood at Rs. 43240.42 Crore against Rs. 31266.82 Crore as on 31st March 2007, recording a growth of 38.30% over the last year. Total deposits of the Bank registered a growth of 28.54% with the net accretion of Rs. 5512.65 Crore, to reach Rs. 24831.41 Crore as on 31st March 2008 from Rs. 19318.76 Crore as on 31st March 2007. The Bank recorded net Profit for the year amounting to Rs. 382.36 Crore, which is 74.97% more than the previous year profit of Rs. 218.53 Crore.

The Bank made provisions @ 35%, 65% & 100% in NPAs of 1st year, 2nd year and 3rd year as against the regulatory requirement of 10%, 20% and 30% of secured advances respectively.

More Annual Report of Punjab & Sind Bank:

  1. Annual Report 2006-2007 of Punjab and Sind Bank
  2. Annual Report 2007-2008 of Punjab and Sind Bank
  3. Annual Report 2008-2009 of Punjab and Sind Bank
  4. Annual Report 2009-2010 of Punjab and Sind Bank
  5. Annual Report 2010-2011 of Punjab and Sind Bank
  6. Annual Report 2012-2013 of Punjab and Sind Bank
  7. Annual Report 2013-2014 of Punjab and Sind Bank
  8. Annual Report 2015-2016 of Punjab and Sind Bank
  9. Annual Report 2016-2017 of Punjab and Sind Bank