SBBJ bank hoping for a 14-15% growth this year
By Neelima Shankar
Jul 2, 2014
Print    Email    RSS   

State bank of Bikaner and Jaipur, is expecting for a business growth of 14-15% this fiscal year. Managing director of the bank reported that bank is hoping for a growth in advances and deposits both.

Bank is planning to increase its branch network by about a tenth. According to data the bank transacted a total business of Rs1,39,208 crore in the year-ended March 31, 2014. Deposits stood at Rs73,875 crore, while advances were ₹65,333 crore. SBBJ clocked a net profit of Rs731.69 crore for fiscal 2013-14, while its NPAs were estimated at 4.18 per cent.

Bank will be establishing 115 new branches. At present bank is having total number of 1148 branches. 10 new branches will be set up in South India. At present, 82 per cent of SBBJ’s branches are located in Rajasthan, while the rest are spread across India.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Get the basics right before applying for...
Bank loans that could glitter for you
This is how a bank lends money
Effect of employment on loan eligibility...
Carnival of Indian Personal Finance Blogs #1

ROPAR: CaℒL Giℛℒ In Kurali 09855660911...
Why Pitampura Tutors (Ph:- 9911742311) & Private...
kala jadu in hindi 9636854282

Banks to look forward to hire students from IIT/IIM Feb 18, 2015
Union Bank of India hiring for the post of specialist officers Feb 16, 2015
Canara bank launched scholarship Scheme Feb 13, 2015
AXIS bank started ‘My idea of progress’ Campaign Feb 12, 2015
RBI inviting applications for the guard post Feb 11, 2015
News Archive