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June 17th, 2016, 12:43 PM
Super Moderator
 
Join Date: Mar 2012
Re: State Bank Of Hyderabad Net Profit

State bank of Hyderabad is a type of public sector bank of India.
It was formed in the year 1941.
Its head office is located in Hyderabad, Telangana, India.

It offers following products:
Personal Banking Schemes,
Corportate Banking,
SME Banking Schemes,
FOREX,
Mobile Banking,
Internet Banking,
Credit Cards,
Insurance

As you have asked about the net profit of the State bank of Hyderabad, I am giving you information about it, check below for the details


Its net profit for FY16 was Rs 1,064 crore against Rs 1,317 crore for FY15.
Its total income for the reporting quarter decline to Rs 3,907 crore, from Rs 4,145 crore in the year-ago period.
The bank’s gross NPAs rose to Rs 6,590 crore (5.75 per cent) in March 2016 from Rs 4,984 crore (4.59 per cent) at the end of March 2015.
It sold NPAs worth Rs 1,679 crore to asset reconstruction companies in FY16.


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