Volume : 4, Issue : 1, 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 :

<p>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 &ndash; &ldquo;The Annual Statistical Report of State Bank of India&rdquo;. 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. </p>