Annual Report 2013-2014 of State Bank of Bikaner and Jaipur

It is a broadly described annual report of State Bank of Bikaner & Jaipur in the year of 2013-2014. During the financial year, The Bank’s overall business reached a level of Rs. 139208 Crore as at end-March 2014 as against Rs. 130590 Crore as at end-March 2013, recording a growth of Rs. 8617 Crore (6.60%). The total deposits increased by Rs. 1759 Crore (2.44%) to reach a level of Rs. 73875 Crore, while advances increased by Rs. 6859 Crore (11.73%) to reach a level of Rs. 65333 Crore by end-March 2014. During 2013-14, the operating profit decreased to Rs. 1694.66 Crore, (by -1.06%) as against Rs. 1712.87 Crore in the previous year. The net profit recorded a growth of 0.20% from Rs. 730.24 Crore in 2012-13 to Rs. 731.69 Crore in 2013-14. The Earnings per Share increased from Rs. 104.32 in 2012-13 to Rs. 104.53 in 2013-14, while the book value per share improved from Rs. 678.74 in 2012-13 to Rs. 765.13 in 2013-14.

The Board of Directors of the Bank has declared an Interim Dividend of @143% i.e. Rs. 14.30 per equity share (face value of Rs. 10/- per share).

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