Financial Performance 2009-2010 of State Bank of India

It is a broadly described Financial Performance (annual report) of State Bank of India in the year of 2009-2010. The total assets of the Bank increased by 9.23% from Rs. 9,64,432.08 Crores at the end of March 2009 to Rs. 10,53,413.73 Crores as at end March 2010. The Global deposits stood at Rs. 8,04,116.23 Crores as on 31^st March 2010, representing an increase of 8.36% over the level on 31^st March 2009. During the financial year, The Operating Profit of the Bank for 2009-10 stood at Rs. 18,320.91 Crores as compared to Rs. 17,915.23 Crores in 2008-09 registering a growth of 2.26%. The Net Interest Income of the Bank registered a growth of 13.41% from Rs. 20,873.14 Crores in 2008-09 to Rs. 23,671.44 Crores in 2009-10. Non-interest income stood at Rs. 14,968.15 Crores in 2009-10 as against Rs. 12,690.79 Crores in 2008-09.

The Bank has increased the dividend to Rs.30.00 per share (300%) {(Inclusive of an interim dividend of Rs.10.00 per share (100%) already paid)} from Rs.29.00 per share (290%) in the last year.

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