I am convinced that there could not have been a better opportunity than now, to ignite the transformational journey of a self-reliant India under the Atmanirbhar Bharat Mission. A growth journey based on our own capabilities and internal strength will be more inclusive and, undeniably, more stable.
Sivasubramanian Ramann Chairman & Managing Director
Read MoreThe Board of Directors of the Bank takes pleasure in presenting its Report on the overall business and operations of your Bank for the financial year ended March 31, 2021.
Read MoreThe Asset Base of the Bank, inching towards the landmark of ₹2 lakh crore, stood at ₹1,92,322 crore at the end of FY 2021, a Y-o-Y growth of 2.6%.
Total Income for FY 2021 stood at ₹11,166 crore, a decline of 7.6% as compared to FY 2020. Net Interest Income for FY 2021 grew by 11.5% to ₹3,678 crore, driven by a 0.10% growth in Net Interest Margin.
The Bank registered its highest ever Net Profit of ₹2,398 crore during FY 2021, an increase of 3.6% as compared to FY 2020.
Earnings per Share (EPS) increased to ₹45.09 in FY 2021 from ₹43.51 in FY 2020.
Institutional Finance accounts for approximately 92% of total outstanding portfolio at the end of FY 2021.
Promotional & Developmental (P&D) initiatives of the Bank are woven around Mission Swavalamban, which has four distinguishing pillars viz., Sampark, Samwad, Suraksha and Sampreshan (4S) and a fifth pillar viz., “Sangam”, a confluence of four pillars.