Financial Performance 2013-2014 of State Bank of India

It is a broadly described Financial Performance (director’s report) of State Bank of India in the year of 2013-2014. The total assets of the Bank increased by 14.43% from Rs. 15,66,211.27 Crores at the end of March 2013 to Rs. 17,92,234.60 Crores as at the end of March 2014. The Global deposits rose by 15.94% and stood at Rs. 13,94,408.50 Crores as on 31st March 2014 against Rs. 12,02,739.57 Crores as on 31st March 2013. During the financial year, The Operating Profit of the Bank for 2013-14 was higher at Rs. 32,109.24 Crores, as compared to Rs. 31,081.72 Crores in 2012-13, an increase of 3.31%. The Bank posted a Net Profit of Rs. 10,891.17 Crores for 2013-14, as compared to Rs. 14,104.98 Crores in 2012-13, i.e. a decline of 22.78% on the back of higher provisioning requirement. The Net Interest Income of the Bank correspondingly registered a growth of 11.17% from Rs. 44,329.30 Crores in 2012-13 to Rs. 49,282.17 Crores in 2013-14. Non-interest income increased by 15.69% to Rs. 18,552.92 Crores in 2013-14 as against Rs. 16,036.84 Crores in 2012-13.

The Board of Directors of The Bank has declared a dividend of Rs. 30/- per share (300%) for the year ended 31st March 2014.

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