Company Overview of State Bank of Hyderabad Ltd.
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...
Founded in 1941
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 2014.
State Bank of Hyderabad Ltd. Key Developments
State Bank of Hyderabad Announces Earnings Results for the Third Quarter Ended December 2014
Jan 28 15
State Bank of Hyderabad announced earnings results for the third quarter ended December 2014. For the quarter, the company’s net profit jumped 181% to INR 3,340 million as against INR 1,190 million during the same period of last fiscal.
SBI Subsidiaries Reportedly Put Loans Up For Sale
Dec 1 14
Some subsidiaries of State Bank of India (BSE:500112) (SBI) have put their loans to Abhijeet Group on sale to asset reconstruction companies. People familiar with the development told Financial Express that the total value of assets for sale could not be determined, however, lenders said these companies owed banks INR 79 billion. "Some banks had approached us earlier and now SBI subsidiaries have also reached out to us," an executive at a Mumbai-based asset reconstruction company said. The SBI subsidiaries include State Bank of Travancore (BSE:532191), State Bank of Hyderabad Ltd. and State Bank of Mysore (BSE:532200).
State Bank of Hyderabad Ltd. Announces Standalone Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2014
Oct 28 14
State Bank of Hyderabad Ltd. announced standalone unaudited earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported interest earned of INR 34,512.7 million against INR 32,954.7 million a year ago. Total income was INR 36,752.4 million against INR 35,067.0 million a year ago. Operating profit was INR 6,882.70 million against INR 5,506.7 million a year ago. Net profit was INR 3,105.2 million against INR 1,627.20 million a year ago. Earnings per share were INR 1496.48 against INR 784.19 a year ago. Return on assets (annualized) was 0.72% against 0.65% a year ago.
For the six months, the company reported interest earned of INR 67,402.5 million against INR 65,209.40 million a year ago. Total income was INR 72,028.60 million against INR 69,897.60 million a year ago. Operating profit was INR 12,587.8 million against INR 12,561.9 million a year ago. Net profit was INR 5,377.30 million against INR 4,566.40 million a year ago. Earnings per share were INR 2,591.47 against INR 2,200.67 a year ago.
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