SBI Bengal circle net profit at Rs 230 crore
By Our Banking Bureau | 13 May 2002
1
Kolkata:
State Bank of
Indias Bengal circle, with a branch strength of 785 spread over
West Bengal, Sikkim and Andaman and Nicobar Islands, recorded a
net profit of Rs 230 crore in 2001-02.
According
to a press release issued here, the bulk of the incremental
deposit of Rs 1,923 crore came from the personal banking segment.
The total advances were at Rs 6,033 crore. The housing loan, the
key component of the advance portfolio, touched the level of Rs
110 crore.
The other highlights included rise in non-interest income by more than 10 per cent, gross reduction of Rs 227 crore of non-performing assets, completion of the technological upgradation programme in 47 branches and operation of 50 ATMs. Nearly 30 per cent of the Bengal circle branches, mostly large and medium-sized, are now computerised.
According
to a press release issued here, the bulk of the incremental
deposit of Rs 1,923 crore came from the personal banking segment.
The total advances were at Rs 6,033 crore. The housing loan, the
key component of the advance portfolio, touched the level of Rs
110 crore.The other highlights included rise in non-interest income by more than 10 per cent, gross reduction of Rs 227 crore of non-performing assets, completion of the technological upgradation programme in 47 branches and operation of 50 ATMs. Nearly 30 per cent of the Bengal circle branches, mostly large and medium-sized, are now computerised.
