Annual Report 2010-2011 of Laxmi Vilas Bank

It is a broadly described annual report of Laxmi Vilas Bank in the year of 2010-2011. During the financial year, The Bank’s total business of Rs. 19,243.96 Crores in FY 2010-11, a growth of 25.35% over Rs. 15,352.88 Crores in FY 2009-10. Deposits grew 23%, from Rs. 9075.38 Crores as at 31st March 2010 to Rs. 11149.51 Crores as at 31st March 2011, and total advances expanded by 29%, from Rs. 6277.50 Crores to Rs. 8094.42 Crores in FY 2010-11. The Bank has posted a healthy operating profit of Rs. 273.86 Crores in FY 2010-11 against Rs. 166.21 Crores in the previous year FY 2009-10, an increase of 65%. The net profit for the year ending at Rs. 101.14 Crores as against Rs. 30.67 Crores recorded in the previous year – a growth of 240%. Earnings per Share stood at Rs. 10.37 for the year ended 31st March 2011 as compared to Rs. 4.95 as on 31st March 2010.

The Board of Directors of the bank was pleased to recommend a dividend of Rs. 2.50 (@25%) per share for the year ended 31st March 2011 as against Rs. 0.60 (@6%) per share for the previous year ended 31st March 2010.

More Annual Report of Laxmi Vilas Bank:

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