Mr.Upendra Kamath CMD along with Mr.K.R.Shenoy.ED.

FINANCIAL RESULTS 2012-13.

 Business all time high of Rs.1,67,531 crores.

 Net profit as on 2013 is Rs.586 crores.

 NPA-Gross:reduced to2.17% from 2.93% last year.

NPA -Net reduced to 1.30% from 1.72% last year.

Return on Assets (annualised)- 0.59% against 0.66% last year.

Capital Adequacy Ratio (%) : Basel- (1)-  9.58 & Basel (II) -11.32.

Earnings Per Share: Rs.9.41.,Cost of Deposit : 7.96% 7 yield on Advances :11.35%

Mr.Upendra Kamath,CMD said,"with the signs of improving global & domestic economic scenario,the bank has set an ambitious target of reching a business mix of Rs.2,00,000 crores by December,2013".The bank has shed bulk deposits/certificate deposits to the tune of Rs.16933 crores during the year 2012-13.The bank will be shedding some more bulk deposits/CD's during the current financial year also.The bank will be having one on site ATM in every branch as announced by the Finance Minister in his budget speech.The bank's focus during the year will be retail business(both deposits & advances).The bank's Board has recommended a Dividend of Rs.2.50 per equity share.