#1
March 25th, 2017, 01:04 PM
| |||
| |||
Achievements of State Bank of Mysore
Can you tell me in detail about State Bank of Mysore? Also list me the names of Board of Directors of State Bank of Mysore?
|
#2
March 25th, 2017, 01:57 PM
| |||
| |||
Re: Achievements of State Bank of Mysore
State Bank of Mysore was established in the year 1913 as The Bank of Mysore Ltd. and is a nationalised bank in India, with headquarters at Bengaluru. It is one of the five associate banks of State Bank of India. The Bank has widespread network of 1,074 Branches (as on 31.12.2016) and 7 Extension Counters spread all over India including 3 Corporate Accounts Branches, 9 Industrial Finance Branches, 9 Agricultural Development Branches, 7 Small and Medium Enterprise Branches, 7 Specialized Personal & Services Banking Branches, 4 Government Business Branches, 2 Specialized NRI Branches, offering wide range of services to the customers besides 2 Service Branches and 1 Asset Recovery Branch rendering backup support. Financial Profile The Paid-up capital of the Bank as on 31.12.2016 is Rs 48.01 crores of which State Bank of India holds 90% share. It has a Capital Adequacy Ratio of 11.60% under Basel-III guidelines. It has an enviable track record of continuously earning profits and payment of uninterrupted dividend every year since its inception. Business Profile Its total Deposits as at the end of December 2016 stood at Rs 80,348 crores and the total Advances stood at Rs 53,584 crores, including export credit of Rs 1,424 crores. It is a major player in Foreign Exchange dealings also and has recorded a merchant turnover of Rs 55,353 crores and a trading turnover of Rs 5,67,194 crores during the 9 months ended December 2016. Board of Directors Smt. Arundhati Bhattacharya Chairperson Under Section 25(1)(a) of State Bank of India (Subsidiary Banks) Act 1959 Shri Dinesh Kumar Khara Managing Director(A&S) Director , Nominated by State Bank of India Under Section 25(1)(c) of the Act ibid Shri N. Krishnamachari Managing Director Under Section 25(1)(aa) of the Act ibid Shri Neeraj Vyas Deputy Managing Director(A&S) Nominated by State Bank of India Under Section 25(1)(c) of the Act ibid Shri Sandeep Bhatnagar, Deputy General Manager(OSD) Nominated by State Bank of India Under Section 25(1)(c) of theAct ibid Shri Amulya Kumar Sahu, General Manager (OSD) Nominated by State Bank of India Under Section 25(1)(c) of the Act ibid Shri Murli Radhakrishnan, Nominated by Reserve Bank of India Under Section 25(1)(b) of the Act ibid Shri S. Selvakumar Nominated by Governement of India Under Section 25(1)(e) of the Act ibid Dr. K. Lakshmisha Elected Under Section 25(1)(d) of the Act ibid Nominated by State Bank of India Under Section 25(1)(c) of theAct ibid Shri K. N. Prabhashankar Nominated by State Bank of India Under Section 25(1)(d) of the Act ibid Smt. Akila Krishnakumar Nominated by State Bank of India Under Section 25(1)(d) of the Act ibid |
|