Friday, April 23, 2010

SBM ANNUAL RESULTS


STATE BANK OF MYSORE ANNOUNCES ANNUAL RESULTS FOR 2009-10

State Bank Mysore announced the annual Results for 2009-10.

KEY INDICATORS:

DEPOSITS: Rs38440 crores registering growth of 18.69%.

ADVANCES:Rs.29874 crores registering a growth of 15.43%.

NET PROFIT: Rs.445.77 crores registering a growth of 32.31%

COST OF DEPOSITS : Declined to 6.01% from6.92%

YIELD ON ADVANCES: Declined to 10.33% from 10.68%

GROS NPA : Increased to 2.0% from1.42%

NET NPA : Increased to 1.02% from 0.50%

The Bank's Board has declared a Dividend of 100% for the year 2009-10.

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