A Study on Financial Performance of State Bank of India With Special Reference to Thoothukudi

S Rosita; E Arun Kumar

S Rosita Assistant Professor, Department of Commerce, Madurai Kamaraj University, Madurai
E Arun Kumar Ph.D Research scholar, Department of Commerce, Madurai Kamaraj University, Madurai

Keywords: Various Deposits Schemes, Financial resources, Deposit, Loans

Abstract

In order to meet the banking needs of a large section of the society many branches have been established in towns, villages and other remote areas where financial and credit services are not available. The volume of operation and geographical spread of branches in India have increased manifold during the last four decades. The state bank of India money market, however, is characterized by the existences of both the unorganized and organized credit agencies. The moneylenders lend their surplus funds to the poor and earn the income by way of interest. Finance is the lifeblood of a business enterprise. It is one of the basic foundations of all kinds of economic activities.