May 18, 2012 8:53 PM

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SBI posts net profit of 11 thousand 707 cr rupees for last financial yr

The Nationalised State Bank of India (SBI) has posted a net profit of 11 thousand 707 crore rupees for the last financial year. Declaring the financial results for 2011-12 the Chairman of the SBI Mr. Pratip Chaudhuri announced a dividend of 35 rupees per share for the last fiscal in Kolkata today. The SBI Chairman informed that deposits of the bank have increased to over 10 lakh 43 thousands crore rupees while the gross advances have gone up to 8 lakh 93 thousand crore rupees during the period.

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