Financial Performance 2007-2008 of State Bank of India

It is a broadly described Financial Performance (annual report) of State Bank of India in the year of 2007-2008. The total assets of the Bank increased by 27.35% from Rs. 5,66,565.24 Crore at the end of March 2007 to Rs. 7,21,526.31 Crore as at end March 2008. Investments increased by 27.06% from Rs. 1,49,148.88 Crore to Rs. 1,89,501.27 Crore. The Global deposits stood at Rs. 5,37,403.94 Crore as on 31st March 2008, representing an increase of 23.39 % over the level on 31st March 2007. During the financial year, The Operating Profit of the Bank for 2007-08 stood at Rs. 13,107.55 Crore as compared to Rs. 9,999.94 Crore in 2006-07, registering a growth of 31.08%. The Bank has posted a Net Profit of Rs. 6729.12 Crore for 2007-08 as compared to Rs. 4,541.31 Crore in 2006-07, registering a growth of 48.18%. The Net Interest Income of the Bank registered a growth of 13.04% from Rs. 15,058.20 Crore in 2006-07 to Rs. 17,021.23 Crore in 2007-08. Non-interest income stood at Rs. 8,694.93 Crore as against Rs. 6,725.26 Crore in 2006-07. The Bank’s market share in deposits was 15.44% as of March 2008.

The Bank has increased the dividend to 215%.

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