20.10 (1.95%) State Bank of India (SBI), the country’s largest public sector bank has simultaneously inaugurated 27 all-women branches in Chandigarh on December 10, 2013. The bank has initiated steps to ensure that at least one all-women branch is there for each district in the circle starting with the Chandigarh Circle.
The bank has reported 35.07% fall in its net profit at Rs 2375.01 crore for the second quarter ended September 30, 2013 as compared to Rs 3658.14 crore for the same quarter in the previous year. However, total income of the bank has increased by 12.88% at Rs 37199.92 crore for quarter under review as compared to Rs 32953.47 crore for the quarter ended September 30, 2012.