mysore project

1
3/14/2015 State Bank of Mysore : Internet Banking. Bill Payment. Pay your Utility Bills online. Inter Bank Transfer http://www.statebankofmysore.co.in/our-profile.html 1/1 Our Profile State Bank of Mysore was established in the year 1913 as Bank of Mysore Ltd. under the patronage of the erstwhile Govt. of Mysore, at the instance of the banking committee headed by the great Engineer-Statesman, Dr. Sir M.Visvesvaraya. Subsequently, in March 1960, the Bank became an Associate of State Bank of India. State Bank of India holds 90% of shares. The Bank's shares are listed in Bangalore, Chennai and Mumbai stock exchanges. Branch Network The Bank has widespread network of 1,002 Branches (as on 31.12.2014) and 9 Extension Counters spread all over India including 20 Small and Medium Enterprise Branches, 4 Industrial Finance Branches, 3 Corporate Accounts Branches, 7 Specialized Personal & Services Banking Branches, 9 Agricultural Development Branches, 3 Government Business Branches, 2 Specialized NRI Branches, offering wide range of services to the customers besides 5 Service Branches and 1 Asset Recovery Branch rendering backup support to the Bank. Financial Profile The Paidup Capital of the Bank as on 31.12.2014 is Rs 48.01 crores of which State Bank of India holds 90% share. The Bank has achieved a Capital Adequacy Ratio of 11.65% under Basel-III guidelines. The Bank has an enviable track record of continuously earning profits and payment of uninterrupted dividend since its inception in 1913. The Bank earned a net profit of Rs. 273 crores for the nine months period ended December 2014. Business Profile Total Deposits of the Bank as at the end of December 2014 stood at Rs 63,890 crores and the total Advances stood at Rs 50,728 crores including an export credit of Rs 1,684 crores. The Bank is a major player in Foreign Exchange dealings also and has recorded a merchant turnover of over Rs 34,846 crores and a trading turnover of over Rs 2,38,403 crores for the nine months period ended December 2014. Human Resources The Bank has a dedicated workforce of 10,341 employees consisting of 3,540 supervisory staff and 6,801 non-supervisory staff (as on 31.12.2014). The skill and competence of the employees have been kept updated to meet the requirement of our customers keeping in view the changes in the business environment. Organisational Setup While the Chairman of State Bank of India is also the Chairman of the Bank, The Managing Director is assisted by two Chief General Manager and 13 General Managers.

Upload: mallikarjun-nayak

Post on 30-Sep-2015

4 views

Category:

Documents


1 download

DESCRIPTION

www

TRANSCRIPT

  • 3/14/2015 State Bank of Mysore : Internet Banking. Bill Payment. Pay your Utility Bills online. Inter Bank Transfer

    http://www.statebankofmysore.co.in/our-profile.html 1/1

    Our ProfileState Bank of Mysore was established in the year 1913 as Bank of Mysore Ltd. under the patronage of the erstwhile Govt. ofMysore, at the instance of the banking committee headed by the great Engineer-Statesman, Dr. Sir M.Visvesvaraya.Subsequently, in March 1960, the Bank became an Associate of State Bank of India. State Bank of India holds 90% of shares.The Bank's shares are listed in Bangalore, Chennai and Mumbai stock exchanges.

    Branch Network

    The Bank has widespread network of 1,002 Branches (as on 31.12.2014) and 9 Extension Counters spread all over Indiaincluding 20 Small and Medium Enterprise Branches, 4 Industrial Finance Branches, 3 Corporate Accounts Branches, 7Specialized Personal & Services Banking Branches, 9 Agricultural Development Branches, 3 Government BusinessBranches, 2 Specialized NRI Branches, offering wide range of services to the customers besides 5 Service Branches and 1Asset Recovery Branch rendering backup support to the Bank.

    Financial Profile

    The Paidup Capital of the Bank as on 31.12.2014 is Rs 48.01 crores of which State Bank of India holds 90% share. The Bankhas achieved a Capital Adequacy Ratio of 11.65% under Basel-III guidelines. The Bank has an enviable track record ofcontinuously earning profits and payment of uninterrupted dividend since its inception in 1913. The Bank earned a net profitof Rs. 273 crores for the nine months period ended December 2014.

    Business Profile

    Total Deposits of the Bank as at the end of December 2014 stood at Rs 63,890 crores and the total Advances stood at Rs50,728 crores including an export credit of Rs 1,684 crores. The Bank is a major player in Foreign Exchange dealingsalso and has recorded a merchant turnover of over Rs 34,846 crores and a trading turnover of over Rs 2,38,403 crores forthe nine months period ended December 2014.

    Human Resources

    The Bank has a dedicated workforce of 10,341 employees consisting of 3,540 supervisory staff and 6,801 non-supervisorystaff (as on 31.12.2014). The skill and competence of the employees have been kept updated to meet the requirement of ourcustomers keeping in view the changes in the business environment.

    Organisational SetupWhile the Chairman of State Bank of India is also the Chairman of the Bank, The Managing Director is assisted by two ChiefGeneral Manager and 13 General Managers.