Performance
Highlights
2002 - 2003
Operating Profit went up from Rs.495.54 crores to Rs.660.15 crores a growth of 33.22%
Net Profit increased from Rs.228.53 crores to Rs.243.60 crores a growth of 6.59%
Net Interest Income up from Rs.730 crores to Rs.882 crores a growth of 20.82%
Capital Adequacy Ratio improved from 9.64% to 10.04%
Net NPAs reduced from 5.45% to 4.36%
Business growth at 20.24% by additional business mobilization of Rs.8,068 crores
Deposits reached a level of Rs.31,343 crores representing a growth of 16.74%
Advances reached a level of Rs.16,583 crores registering a growth of 27.48%
The Credit Deposit Ratio improved to 52.91% from 48.45% the previous year
Average Business per Employee improved to Rs.1.97 crores from Rs.1.61 crores
Business per Branch improved to Rs.27.88 crores from Rs.23.23 crores
Share of Priority Sector Advances at 41.10%
684 branches computerized covering 75% of business
Single Window Services introduced in 36 branches
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For risk factors and further details please refer to the Offer Document