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.
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.