Our Profile

State Bank of Mysore was established in the year 1913 as Bank of Mysore Ltd. under the patronage of the erstwhile Govt. of Mysore, at the instance of the banking committee headed by the great EngineerStatesman,Late Dr.Sir M.Visvesvaraya. Subsequently, in March 1960,the Bank became an Associate of State Bank of India.State Bank of India holds 92.33% of shares. The Bank's shares are listed in Bangalore, Chennai,and Mumbai stock exchanges.

Branch

Network

The Bank has a widespread network of 707 branches(as on 31.03.2011) and 22 extension counters spread all over India which includes 5 Small and Medium Enterprises Branches, 4 Industrial Finance branches, 3 Corporate Accounts Branches, 6 Specialised Personal Banking Branches, 10 Agricultural Development Branches, 3 Government Business branches, 1 Asset Recovery Branch and 8 Service Branches, offering wide range of services to the customers.

Human

Resources

The Bank has a dedicated workforce of 9926 employees consisting of 3179 supervisory staff, 6747 non-supervisory staff (as on 31.03.2011). The skill and competence of the employees have been kept updated to meet the requirement of our customers keeping in view the changes in the environment.

Organisational
assisted by a Chief General Manager and 6 General Managers. Management Committee of the Bank <<< click to see photos Managing Director

Setup

While the Chairman of State Bank of India is also the Chairman of the Bank, The Managing Director is

+91 80 22251855 +91 80 22353480 F 22254753 +91 80 22251570 Ms Hamsini Menon Fax 080 22350563 Mr.S. Vijay Kumar +91 80 22353487 Fax 080 22353478 +91 80 22257149

Chief General Manager

General Manager (Operations) & Corporate Development Officer

General Manager &Group Executive (Agriculture & MSME)

Mr K Lakshmisha Fax 080 22353494 +91 80 22353471 Fax 080 22355978 +91 80 22257149 Fax 080 22353494 +91 80 22352591 Mr V Pattabhiraman Fax 080 22356472

General Manager & Group Executive(Corporate Banking) General Manager (Treasury and Finance & Accounts) & Group Executive(Government Business) General Manager (Technology &Risk Management) & Group Executive (Personal Banking)

Mr Saswata Chaudhuri Mr Kalyan Mukherjee

+91 80 22255617 General Manager (Vig & Inspn) Fax 080 22350562 Click here to view the ORGANISATIONAL STRUCTURE

Financial

Profile

The paid up capital of the Bank is Rs. 468 Millions as on 31.03.2011 out of which State Bank of India holds 92.33%. The networthof the Bank as on 31.03.2011 is Rs.3099.47 Crores and the Bank has achieved a capital adequacy ratio of 13.76% as at the end of 31.03.2011. The Bank has an enviable track record of earning profits continuously and uninterrupted payment of dividend since its inception in 1913. The Bank earned a net profit of Rs.500.62 Crores for the year ended March 2011 and earning per share is at Rs.121.66

Business

Profile

Total deposits of the Bank as at the end of March 2011 is Rs.43225 Crores and the total advances stood at Rs. 34442 Crores which include export credit of Rs. 1260 Crores.The Bank is a major player in foreign exchange dealings also and has achieved a merchant turnover of over Rs 34342.96 Crores and a trading turnover of over Rs 37658.49 Crores for the year ended March 2011.

Date of Establishment Revenue Market Cap Corporate Address Management Details

Business Operation Background

Financials Company Secretary Bankers Auditors

1913 914.796 ( USD in Millions ) 23477.1146535 ( Rs. in Millions ) K G Road, P B No 9727,Bengaluru-560009, Karnataka www.statebankofmysore.co.in Chairperson - O P Bhatt MD - Dilip Mavinkurve Directors - A K Deb, B Ramesh Babu, B S Gopalakrishna, Bharati Rao, D D Maheshwari, D S Nagaraj, Dilip Mavinkurve, G Soundarajan, Gururaja Rao, Jiban Goswami, K Sundaram, K Anand, K Gururaj Acharya, K Sundaram, Madhumita Sarkar Deb, May Rose Steele, Milind S Katti, O P Bhatt, P P Pattanayak, Pratip Chaudhuri, R Umachander, Ratna K Makhija, S A Thimmiah, S R Powar Bank - Public State Bank of Mysore was established in 1913 as Bank of Mysore under the patronage of the erstwhile government of Mysore, at the instance of the banking committee headed by the great Engineer-Statesman, Late Dr Sir M Visvesvaraya. Subsequently, in March 1960, the bank became an Associate of State Bank of India. State Bank of India holds 92.33% of shares. The bank's shares are listed in Bangalore, Chen Total Income - Rs. 45342.544 Million ( year ending Mar 2011) Net Profit - Rs. 5006.249 Million ( year ending Mar 2011) G Soundarajan HS Ahuja & Co, Dhawan & Co, LK Kejrswal & Co, SK Basu & Co, PKKG Balasubramaniam & Associates

History
State Bank of Mysore was established in 1913 as Bank of Mysore under the patronage of the erstwhile government of Mysore, at the instance of the banking committee headed by the great EngineerStatesman, Late Dr Sir M Visvesvaraya. Subsequently, in March 1960, the bank became an Associate of State Bank of India. State Bank of India holds 92.33% of shares. The bank's shares are listed in Bangalore, Chennai, and Mumbai stock exchanges. SBM has a widespread network of 671 branches(as on 31.01.2009) and 20 extension counters spread all over India which includes 6 specialised SSI branches, 4 Industrial Finance branches, 3 Corporate Accounts Branches, 4 specialised Personal Banking Branches, 10 Agricultural Development Branches, 3 Treasury branches, 1 Asset Recovery Branch and 7 Service Branches, offering wide range of services to the customers. The bank has a dedicated workforce of 9720 employees consisting of 3169 supervisory staff, 6551 nonsupervisory staff (as on 31.03.2008). The skill and competence of the employees have been kept updated to meet the requirement of our customers keeping in view the changes in the environment. The paid up capital of the Bank is Rs.360 Millions as on 31.03.2008 out of which State Bank of India holds 92.33%.The Bank has achieved a capital adequacy ratio of 11.73% as at the end of March 2008. The bank has an enviable track record of earning profits continuously and uninterrupted payment of dividend since its inception in 1913. Total deposits of the bank as at the end of january 2009 is Rs 31817 crores and the total advances stood at Rs. 24713 crores which include export credit of Rs. 10159.50 million. The forex turnover of the bank crossed Rs 336963.50 million during the year March 2007 to March 2008 which is 44.66% higher. State Bank of Mysore is the first Karnataka-based Bank with fully networked branches. The bank is fully on 'CORE BANKING SOLUTION' from 31.12.2005. In record time of one calendar year, the bank completed the exercise of converting all the branches to Core Banking to provide the convenience of anytime, anywhere banking to all our valued customers. State Bank of Mysore embarked upon the latest Banking Technology platform by implementing the Core Banking Solutions (CBS) across all its branches, with an objective of providing banking convenience to the customers. Services offered by the company: Deposits

My bank Surakhshna- A unique deposit scheme linked with insurance cover has been introduced. Insurance cover to a maximum of Rs. 5 lakh on deposits held for 5 years and more. Saving Plus- In order to provide value added services to our Personal Segment customers, a new specialized auto sweep product for Personal Segment savings bank customers has been introduced. Saral Savings Bank account (No Frills account)- This account comes with very low minimum balances as well as low / nil charges, to cater to the needs of individual from the vast sections of population who are, otherwise, not fulfilling certain conditions of our existing Savings Bank requirements. SBM Tax Saver Scheme (Tax saving scheme under Sec 80c of the IT act)A Bank Term Deposit Scheme 2006 has been introduced by the Central Government commencing from the financial year 2006-07 wherein time deposits made upto Rs.1.00 lakh for a period of 5 years are exempted from payment of Income tax under Sec 80C

Advances

Personal Banking schemes

Commercial & Institutional Banking schemes Agricultural Banking schemes Micro and Small Enterprises schemes (MSE)

NRI Services

NRI Deposits International Banking - Forex services Proforma for foreign currency remittances Account opening form for non-resident Indians Interest rates on NRE Deposits and schemes Details of its correspondent Banks -Exchange companies with Draft drawing arrangement with the Bank -Money Transfer to India Through Western Union -Remittance facility through State Bank of India, New York Branch