From a bank with a typical 
public sector style of functioning, marked by employees barely being able t stifle their yawn during working hours, to a really modern bank, competitive enough to make every other bank run hard for its money – it has been a long battle that SBI carried out quite admirably. Today, the company’s results are simply outstanding; gross NPAs have declined sharply from 11.95% in March 2002 to 3.88% in March 2006; and its capital adequacy has moved up by several notches to 11.88%, a figure that is comparable to the best banks across the globe. As of June 2006, over 3,372 branches were under the ambit of core banking; and internet banking is being provided at 3,544 branches covering 650,000 users. Interestingly,
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
public sector style of functioning, marked by employees barely being able t stifle their yawn during working hours, to a really modern bank, competitive enough to make every other bank run hard for its money – it has been a long battle that SBI carried out quite admirably. Today, the company’s results are simply outstanding; gross NPAs have declined sharply from 11.95% in March 2002 to 3.88% in March 2006; and its capital adequacy has moved up by several notches to 11.88%, a figure that is comparable to the best banks across the globe. As of June 2006, over 3,372 branches were under the ambit of core banking; and internet banking is being provided at 3,544 branches covering 650,000 users. Interestingly,For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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