State Bank Of Mysore IFSC code, MICR code, Address
State Bank Of Mysore branch details in India
Last Updated 31st Mar 2017
State Bank Of Mysore has 970 branches across India spread over 16 states and union territories.
Karnataka state, with 786 branches has the largest number of State Bank Of Mysore branches in India followed by Tamil Nadu state with 53 branches and Maharashtra state with 28 branches.
Statewise distribution of State Bank Of Mysore branches in India is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the state where the branch is located.
State Bank Of Mysore is a Public Sector Bank in India with 1,064 branches, 1,334 ATM's and 10,193 employees across the country.
State Bank Of Mysore's registered office is located at Mysore Bank Circle, Kempegowda Road, Bengaluru Karnataka-560254
For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 2,087 crs and Standalone net profit of Rs. 409 crs. State Bank Of Mysore reported total deposits of Rs. 66,064 crs and total advances of Rs. 52,026 crs.
State Bank Of Mysore's management is led by its CEO Mr. Sharad Sharma.
Highest fixed deposit interest offered by State Bank Of Mysore is % per annum on deposits.
Its current Base Rate is 9.65%, which was last revised on 07th Oct 15.
State Bank of Mysore reported a loss of Rs. 183.5 crore in the second quarter ended on September 30 as compared to net profit of Rs. 131 crore during the July to September quarter in FY16 due to rise in the bad loans. Total income of the bank in the second quarter also declined to Rs. 1,947.63 crore from Rs. 1,969.96 crore in corresponding period a year ago.
State Bank of Mysore posted a net loss of Rs. 471.88 crore in the June quarter of FY17 due to growing bad loans which resulted into a sevenfold jump in the provision for bad loans to Rs. 1037.78 crore in the June quarter of FY17. Total Income of the bank increased to Rs. 1987.63 crore in the June quarter of FY17. Gross NPAs as a percentage to Gross Advances increased to 7.83 per cent. Similarly, Net NPAs percentage also jumped to 4.65 per cent as of June 2016.
State Bank of Mysore launched a new home loan scheme aimed at promoting affordable housing among the lower income customers
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