State Bank Of Patiala Credit Rating

Hi buddy here I have come to get State Bank Of Patiala Credit Rating
Info , so would you plz tell me about the same, as my brother asking me about the same??

State Bank of Patiala, founded in 1917, was an associate bank of the State Bank Group.

State Bank Of Patiala Credit Rating

India Ratings Assigns State Bank of Patiala’s INR11.5 billion Basel III Tier I Bonds ‘IND AA+’/Stable

Bank profile:

Type Public

Traded as BSE: 501061

NSE: SBP

Industry Banking

Insurance

Capital Markets and allied industries

Founded Patiala, 1917

Headquarters Head Office,

The Mall,

Patiala 147 002 India

Key people Smt. Arundhati Bhattacharya (Chairman), Shri. S. A. Ramesh
Rangan(Managing Director)

Products Loans, Savings, Investment vehicles, etc.

Revenue 173,000 crore (US$27 billion) (2013)

Net income 11,358.06 crore (US$1.8 billion) (2013)

Total assets 116,709.10 crore (US$18 billion) (2013)

Total equity 203,417.50 crore (US$32 billion) (2013)

Parent State Bank of India

__________________
Answered By StudyChaCha Member