Annual Report 2012-2013 of State Bank of India

It is a broadly described annual report of State Bank of India in the year of 2012-2013. The total assets of the Bank increased by 17.28% from Rs. 13,35,519.23 Crores at the end of March 2012 to Rs. 15,66,261.04 Crores as at the end of March 2013. The deposits of The Bank have risen to Rs. 12,02,740 Crores with the annual growth at 15.24% over that of last year’s level of Rs. 10,43,647 Crores. The Operating Profit of the Bank for 2012-13 stood at Rs. 31,081.72 Crores as compared to Rs. 31,573.54 Crores in 2011-12 registering a marginal decline of 1.56%. The Bank has posted a Net Profit of Rs. 14,104.98 Crores for 2012-13 as compared to Rs. 11,707.29 Crores in 2011-12 registering a growth of 20.48%. The Net Interest Income of the Bank registered a growth of 2.40% from Rs. 43,291.08 Crores in 2011-12 to Rs. 44,331.30 Crores in 2012-13. Non-interest income stood at Rs. 16,034.84 Crores in 2012-13 as against Rs. 14,351.45 Crores in 2011-12 registering an increase of 11.73%.

The Board of Directors of The Bank has declared a dividend of Rs. 41.50 per share (415%) for the year ended 31^st March 2013.

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