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October 05, 2015 2:17 PM ET


Company Overview of State Bank of Hyderabad Ltd.

Company Overview

State Bank of Hyderabad Ltd. provides commercial banking services. The company offers term deposits, savings bank accounts, and current accounts; personal, micro small and medium enterprise, commercial and institutional, and agricultural advances; and NRI services, such as remittance services, NRI loan products, resident foreign currency accounts, and foreign currency non-resident deposit accounts. It also provides international banking services, including Demat/depository, ATM, mobile banking, electronic fund transfer system, and Internet banking services, as well as safe deposit lockers. State Bank of Hyderabad was formerly known as Hyderabad State Bank and changed its name to State Bank o...


Hyderabad,  500001


Founded in 1941


91 40 2338 7251


91 40 2338 7562

Key Executives for State Bank of Hyderabad Ltd.

Managing Director and Director
Chief Financial Officer and General Manager of Treasury
General Manager Operations
Chief Manager of Accounts & Services Department and Deputy General Manager of Accounts & Services Department
Chief Manager of Personnel Department and Deputy General Manager Personnel Department
Compensation as of Fiscal Year 2015.

State Bank of Hyderabad Ltd. Key Developments

SBI Not Looking At Merging Associate Banks

State Bank of India (NSEI:SBIN) Chairperson Arundhati Bhattacharya said the bank is currently not looking at merging its associate banks. "At some point of time, yes we'll merge. But I don't think this is the right time. Because today there are a lot of challenges and those challenges are more immediate and important than merging banks," Bhattacharya told reporters. SBI has five associate banks - State Bank of Bikaner & Jaipur (BSE:501061), State Bank of Patiala, State Bank of Travancore (BSE:532191), State Bank of Hyderabad Ltd. and State Bank of Mysore (BSE:532200).

State Bank of Hyderabad Announces Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2015

State Bank of Hyderabad announced unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported total income of INR 38,299.8 million against INR 35,276.2 million a year ago. Operating profit was INR 7,131.7 million against INR 5,705.1 million a year ago. Profit from ordinary activities before tax was INR 4,031.8 million against INR 3,465.2 million a year ago. Net profit was INR 2,514.5 million against INR 2,272.1 million for the same period a year ago.

State Bank of Hyderabad Ltd., Board Meeting, Jul 24, 2015

State Bank of Hyderabad Ltd., Board Meeting, Jul 24, 2015. Agenda: To approve unaudited standalone earnings results for the first quarter ended June 30, 2015.

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