Finance

Annual Report 2011-2012 of Laxmi Vilas Bank

Annual Report 2011-2012 of Laxmi Vilas Bank

It is a broadly described annual report of Laxmi Vilas Bank in the year of 2011-2012. During the financial year, The Bank’s total business of Rs. 24302.82 Crores in FY 2011-2012 a growth of 26% over Rs. 19243.96 Crores in FY 2010-2011. Deposits grew 27%, from Rs. 11149.51 Crores as at 31st March 2011 to Rs. 14114.14 Crores as at 31st March 2012, and total advances expanded by 26%, from Rs. 8094.42 Crores to Rs. 10188.68 Crores in FY 2011-2012. The Bank posted an operating profit of Rs. 235.44 Crores in FY 2011-2012 against Rs. 273.86 Crores in the previous year FY 2010-2011. The net profit for the year, after provisions and taxes, rose to Rs. 107.02 Crores as against Rs. 101.14 Crores recorded in 2010-2011 registering a growth of 6%. Earnings per Share was sustained at Rs. 10.97 for the year ended 31st March 2012 against Rs. 10.37 for the previous year.

The Board of Directors of the bank was pleased to recommend a dividend of Rs. 3.50 (@35%) per share for the year ended 31st March 2012 as against Rs. 2.50 (@25%) per share for the previous year ended 31st March 2011.

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