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SBI opens ‘Zero Balance’ account for girls under ‘Kanyasree’ scheme

30 Oct 2013 Evaluate

State Bank of India’s (SBI) Bengal circle is on a special drive to open savings bank ‘Zero Balance’ account for the girls under the ‘Kanyasree’ scheme of West Bengal government. At a programme held at the Adamas International School, Kamarhati on October 26, 2013, the bank has opened more than 3,000 such accounts in presence of dignitaries.

On the consolidated basis, SBI group registered 11.82% fall in its net profit after taxes and minority interest at Rs 4298.56 crore for first quarter ended June 30, 2013 as compared to Rs 4874.70 crore for the same quarter in the previous year. However, total income of the bank, on consolidated basis, has increased by 12.23% at Rs 52502.29 crore for quarter under review as compared to Rs 46782.70 crore for the quarter ended June 30, 2012.

Peers
Company Name CMP
State Bank Of India 947.40
PNB 115.85
Bank Of Baroda 236.70
Canara Bank 119.00
Union Bank Of India 172.90
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