It is a broadly described annual report of State Bank of Mysore in the year of 2012-2013. During the financial year, The Bank’s Total Income increased by 16.42%, from Rs. 5,595 Crores as at March 2012 to Rs. 6,514 Crores in March,2013. Interest Income increased from Rs. 5,078 Crores to Rs. 5,965 Crores (17.47%). Total Deposits of the Bank grew by Rs. 6,784 Crores to reach the level of Rs. 56,970 Crores. The Operating Profit increased by 25% from Rs. 1,059.61 Crores in FY12 to Rs. 1,331.03 Corers in FY13, while the Net Profit increased from Rs. 369.15 Crores to Rs. 416.10 Crores (12.7%).
The Board of Directors of the Bank has declared a dividend of @115% (Rs. 11.50 per equity share of Rs.10/-) for the year 2012-13.
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