Annual Report 2016-2017 of State Bank of India

It is a broadly described annual report of State Bank of India in the year of 2016-2017. The total assets of your Bank have increased by 14.78% from Rs. 23,57,617.54 Crore at the end of March 2016, to Rs. 27,05,966.30 Crore as at the end of March 2017. The deposits rose by 18.14% and stood at Rs. 20,44,751.39 Crore as on 31st March 2017 against Rs. 17,30,722.44 Crore as on 31st March 2016. Net interest income increased by 8.16% from Rs. 57,194.81 Crore in FY2016 to Rs. 61,859.74 Crore in FY2017. The Operating Profit of your Bank for FY2017 was at Rs. 50,847.90 Crore as compared to Rs. 43,257.81 Crore in FY2016. The Bank posted a Net Profit of Rs. 10,484.10 Crore for FY2017, as compared to Rs. 9,950.65 Crore in FY2016, i.e. an increase of 5.36% even after higher provisioning requirements on NPAs.

For the year FY2017, the Board of Directors of The Bank has declared a dividend of Rs. 2.60 per share of face value of Rs. 1 each.

More Annual Report/Financial Performance of State Bank of India:

  1. Financial Performance 2007-2008 of State Bank of India
  2. Financial Performance 2008-2009 of State Bank of India
  3. Financial Performance 2009-2010 of State Bank of India
  4. Financial Performance 2010-2011 of State Bank of India
  5. Financial Performance 2011-2012 of State Bank of India
  6. Annual Report 2012-2013 of State Bank of India
  7. Financial Performance 2013-2014 of State Bank of India
  8. Financial Performance 2014-2015 of State Bank of India
  9. Annual Report 2015-2016 of State Bank of India
  10. Annual Report 2016-2017 of State Bank of India