As you want to get information about Quarterly Result of State Bank of Bikaner and Jaipur (SBBJ), so I want to inform you that the State Bank of Bikaner and Jaipur (SBBJ) has merged into State Bank of India (SBI).

So here I am providing further information related to Quarterly Result of State Bank of India for your reference:

State Bank of India Quarterly Result 2017

Q1FY18 OVER Q1FY17
HIGHLIGHTS
Net Profit increased by 436% from Rs.374 Cr in Q1FY17 to Rs.2,006 Cr in Q1FY18.

Operating Profit decreased by 13.72% from Rs.13,762 Cr in Q1FY17 to Rs.11,874 Cr in Q1FY18.

Net Interest Income decreased by 3.51% from Rs.18,246 Cr in Q1FY17 to Rs.17,606 Cr in Q1FY18.

Non-Interest Income decreased by 8.62% from Rs.8,761 Cr in Q1FY17 to Rs.8,006 Cr in Q1FY18. While Fee Income increased by 16.21%, Forex Income by 17.17% and Recovery in Written-Off Accounts by 19.26%, Profit on Sale of Investments declined by 48.50% YoY.

Fee Income increased from Rs.4190 Cr in Q1FY17 to Rs.4,870 Cr in Q1FY18, a YoY growth of 16.21%.

Operating Income decreased by 5.17% from Rs.27,007 Cr in Q1FY17 to Rs.25,612 Cr in Q1FY18.

Increase in Operating Expenses was contained at 3.72% YoY.

PROFITABILITY
Total Interest Income increased by 0.76% from Rs.54,494 Cr in Q1FY17 to Rs.54,905 Cr in Q1FY18.

Interest Income on Advances decreased from Rs.39,454 Cr in Q1FY17 to Rs.36,142 Cr in Q1FY18 (8.40% YoY). The lower growth is mainly due to reduction in Base Rate / MCLR during the period.

Interest Income on Resources Operations increased from Rs.13,929 Cr in Q1FY17 to Rs.17,543 Cr in Q1FY18 (25.95% YoY).

Total Interest Expenses increased from Rs.36,248 Cr in Q1FY17 to Rs.37,299 Cr in Q1FY18 (2.90% YoY).

Interest Expenses on Deposits increased from Rs.33,632 Cr in Q1FY17 to Rs.34,990 Cr in Q1FY18 (4.04% YoY), despite a growth of 13.28% in Deposits.

Operating Expenses increased from Rs.13,245 Cr in Q1FY17 to Rs.13,738 Cr in Q1FY18 (3.72%YoY).

Staff Expenses decreased from Rs.7,783 Cr in Q1FY17 to Rs.7,724 Cr in Q1FY18 (0.75% YoY).

Overheads increased from Rs.5,462 Cr in Q1FY17 to Rs.6,013 Cr in Q1FY18 (10.08% YoY).

DEPOSITS
Deposits of the Bank increased from Rs.22,97,426 Cr as on June 16 to Rs.26,02,534 Cr as on June 17 (13.28%.YoY)

Savings Bank Deposits increased from Rs.7,65,537 Cr as on June 16 to Rs.9,45,040 Cr as on June 17 (23.45% YoY).

Current Account Deposits increased from Rs.1,35,155 Cr as on June 16 to Rs.1,68,414 Cr as on June 17 (24.61% YoY).

CASA Deposits increased from Rs.9,00,692 Cr as on June 16 to Rs.11,13,455 Cr as on June 17 (23.62% YoY).

Market Share in Domestic Deposits improved by 53 bps from 22.73% in June 16 to 23.26% as on June 17

Attached Files

State Bank of India Quarterly Result 2017.doc (30.0 KB, 93 views)