Annual Report 2015-2016 of Laxmi Vilas Bank

It is a broadly described annual report of Laxmi Vilas Bank in the year of 2015-2016. During the financial year, The Bank’s total business of Rs. 45,074.70 Crores in FY 2015-16 a growth of 17.64% over Rs. 38,316.23 Crores in FY 2014-15. Deposits grew by 15.78%, from Rs. 21,964.21 Crores as at 31st March 2015 to Rs. 25,430.96 Crores as at 31st March 2016. The Bank has posted an operating profit of Rs. 407.12 Crores in FY 2015-16 against Rs. 368.41 Crores in the previous year FY 2014-15 registering a growth of 10.51%. The net profit for the year, after provisions and taxes, amounts to Rs. 180.24 Crores as against Rs. 132.29 Crores recorded in 2014-15 recording a growth of 36.25%. Earnings per Share stood at Rs. 10.05 for the year ended 31st March 2016 as compared to Rs. 9.16 as on 31st March 2015.

The Board of Directors of the bank was pleased to recommend a dividend of Rs. 3.00 (@30%) per share for the year ended 31st March 2016 as against Rs. 2.00 (@20%) per share for the previous year ended 31st March 2015.

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