State Bank Of Mysore Andhra Pradesh IFSC code, MICR code, Address
State Bank Of Mysore branch details in Andhra Pradesh
Last Updated 17th Mar 2017
State Bank Of Mysore has 24 branches in Andhra Pradesh spread over 11 districts of Anantapur, Chittoor, Cuddapah, East Godavari, Guntur, Krishna, Kurnool, Nellore, Prakasam, Srikakulam, Vishakapatnam, Vizingaram, West Godavari.
Chittoor district, with 5 branches has the largest number of State Bank Of Mysore branches in Andhra Pradesh followed by Anantapur district with 3 branches and East Godavari district with 2.
District wise distribution of State Bank Of Mysore branches in Andhra Pradesh is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
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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