A Study on Financial Performance of State Bank of India for The Period 2003 To 2012

T.CHRISTY CRESIDA; T.CHRISTY CHANCHU

Volume : IV, Issue : I, January - 2015

A Study on Financial Performance of State Bank of India for The Period 2003 To 2012

T. Christy Cresida, T. Christy Chanchu

Abstract :

Economically strong nations are backed by sound banking system. The banking system in India has played a crucial role in the growth and development of the economy. The current study on financial performance of state bank of India for the period 2003 to 2012 aimed at measuring the cost and financial performance of state bank of India. The study had used the secondary data published by state bank of India – �The Annual Statistical Report of State Bank of India�. The overall growth performance of SBI showed an increasing trend. The net profit was increasing gradually. The net profit has increased four times in the last ten years. The financial performance of SBI was good over the period of study. SBI and its Associate banks should grow in size and should introduce diversified and sophisticated products to meet the needs of modern society.