SBI lags in business, profits per employee; RBI report

State Bank of India is number one in many aspects but when it comes to business and profits per employee, the country's largest lender ranks below the national average, says a Reserve Bank report. As per the latest data on Indian banking sector, the business per employee of SBI in 2012-13 was Rs 9.43 crore, while the all banks' aggregate was Rs 12.13 crore. Every employee on an average contributed Rs 6.5 lakh to the bank's profit in the last fiscal, according to 'A Profile of Banks: 2012-13', released by RBI. On this parameter also, the bank was lagging behind the all banks' aggregate which was Rs 8.3 lakh SBI's employees strength was 2.28 lakh at the end of March 2013.With regard to net non-performing ratio (NPA), SBI performed poorly. Net NPA of the bank stood at 2.10% of the total advances as compared all banks' aggregate of 1.68% in 2012-13. However, on the parameter of net interest margin (NIM), SBI's interest spread was better at 3.06% as against the all banks' aggregate of 2.79%.

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