It is a broadly described annual report of State Bank of Mysore in the year of 2013-2014. During the financial year, The Bank’s Total Income increased by 6% from Rs. 6,514 Crores as at March 2013 to Rs. 6895 Crores in March 2014. Total Deposits of the Bank grew by Rs. 4,590 Crores, to reach the level of Rs. 61,560 Crores. The Operating Profit decreased from Rs. 1,331.03 Crores in 2012-13 to Rs. 1164.44 Crores in 2013-14 (-12.5%), the Net Profit decreased from Rs. 416.10 Crores to Rs. 274.25 Crores (-34.1%).
The Board of Directors of the Bank has declared an interim dividend of @30% (Rs. 3.00 per Equity share of Rs. 10/-) for the year 2013-14.
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