NEWS & ADVICE : FIXED DEPOSITS
RBI report states SBI slacks all hands on deck
By Neelima Shankar
Oct 7, 2013
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State Bank of India is leading in numerous viewpoints however in the matter of business and benefits for every worker, the nation's biggest bank ranks beneath the national normal, says a report of the Reserve Bank. According to the most recent information on Indian managing an account area, the business for every representative of SBI was Rs.9.43 crore in 2012-13, while the all banks' total summed to Rs.12.13 crore.

SBI's representatives’ quality was 2.28 lakhs at the end of the financial year in March 2013. Nonetheless, on the area of net premium edge (NIM), SBI's premium spread was better at 3.06 for every cent in comparison to all the banks’ total of 2.79 for every cent.

The net benefit of SBI was 20 for every cent up at Rs.14,105 crore in the last monetary. The bank's merged net benefit along with its five partners for 2012-13 stood at Rs 17,916 crore.


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