It is a broadly described annual report of United Bank of India in the year of 2010-2011. During the financial year, The Bank’s total business increased by Rs. 20,843 Crore to reach Rs. 131,779 Crore at the end of the financial year 2010-11 from Rs. 110,936 Crore at the end of the previous financial year 2009-10, recording a growth rate of 18.8%. The total deposits of the bank have grown by Rs. 9,665 Crore from Rs. 68,180 Crore as on 31st March 2010 to Rs. 77,845 Crore as on 31st March 2011 registering a growth rate of 14.2%. The total income of the bank improved to Rs. 6,978.51 Crore during the year 2010-11 from Rs. 5,807.68 Crore in the previous year recording a rise of Rs. 1,170.83 Crore. Operating Profit of Rs. 1,506.99 during the financial year 2010-11 as compared to Rs. 875.84 Crore in the financial year 2009-10 registering an increase of Rs. 631.15 Crore (72.1%). The Bank registered a Net Profit of Rs. 523.97 Crore for the financial year 2010-11 compared to Rs. 322.36 Crore in the financial year 2009-10. Earnings per Share and Book Value per Share for the Financial Year 2010-11 stood at 12.86%, Rs. 14.38 and Rs. 102.89 respectively, against 10.64%. Rs. 10.18 and Rs. 91.69 respectively for the previous year.
The Board of Directors of the Bank has recommended a final dividend of Rs. 2.20/- (@22%) per equity share of Rs. 10/- each, which is required to be declared by the shareholders at this Annual General Meeting.
More Annual Report of United Bank of India:
- Annual Report 2009-2010 of United Bank of India
- Annual Report 2010-2011 of United Bank of India
- Annual Report 2011-2012 of United Bank of India
- Annual Report 2012-2013 of United Bank of India
- Annual Report 2013-2014 of United Bank of India
- Annual Report 2015-2016 of United Bank of India
- Annual Report 2016-2017 of United Bank of India