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Performance of Public Sector Banks in F.Y.2012-13 |
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(Rupees in Crores) |
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Category of Banks |
Total Income |
Staff Cost |
Staff Cost as % of Total Income |
Operating Expenses |
Operating Expenses excl. Staff Cost |
Staff Cost as % of Operating Expenses
(excl. staff cost) |
Provisions & Contingencies |
Provisions as % of Total Income |
Net Profit |
Provisions as % of Staff Cost |
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SBI Group |
183512 |
23268 |
12.68 |
37094 |
60362 |
38.55 |
22101 |
12.04 |
17783 |
94.98 |
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Nationalised Banks |
428146 |
40862 |
9.54 |
64718 |
105580 |
38.70 |
49233 |
11.50 |
32799 |
120.49 |
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Total |
611658 |
64130 |
10.48 |
101812 |
165942 |
38.65 |
71334 |
11.66 |
50582 |
111.23 |
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Note: |
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1. Total number of staff working in SBI & Associate Banks as on
31-03-2013 was 293,965. So, per capita Staff Cost in these banks for FY
2012-13 was Rs.7.92 lakhs. |
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2. Total number of staff working in Nationalised Banks as on
31-03-2013 was 507,694. So, per capita Staff Cost in these banks for FY
2012-13 was Rs.8.05 lakhs. |
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3. Quite surprisingly, the average staff cost in SBI group is less
than the average staff cost in nationalised banks. |
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4. Staff Cost as compared to Total Income is only 10.48% in all
Public Sector Banks. |
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5. Staff Cost to Total Income Ratio in SBI Group is 12.68% and it is
32.91% higher than the same ratio of Nationalised Banks (9.54%). |
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6. Provisions & Contingencies are higher than the Staff Cost in all
Public Sector Banks. |
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7. Provisions & Contingencies constitute 11.66% of the Total Income
in Public Sector Banks. |
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8. Ratio of Provisions & Contingencies in SBI Group to Total Income
is higher in SBI, than in Nationalised Banks. |
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9. Provisions have a direct bearing on Net Profit and also the
leverage for giving higher compensation to the bank staff. |
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10. Except the provisions made for terminal benefits (and wage
arrears, if any), bank staff are in no way responsible for keeping
higher provisions. |
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11. Net Profit of Public Sector Banks alone for the year 2012-13 is
Rs.50,582 Crores, after all provision, but before payment of Dividends
for 2012-13. |
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12. Even if additional 2% of Total Income is spared for hike in Staff
Benefits of Public Sector Banks, it will amount to Rs.12,233.16 Crores. |
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13.Besides, the bank staff in public sector banks have already
foregone salaries to the tune of Rs.510 Crores, for 5 days of strike
(20-02-2013, 21-02-2013, 18-12-2013, 10-02-2014 & 11-02-2014). |
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14.Interest Paid on Deposits (Rs.356,497 crores) constitutes 63.42%
of the Total Income. |
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15.Interest Paid on Borrowings from RBI and Inter-Bank Borrowings
amounting to Rs.12,500 Crores constitutes 2.04% of Total Income. |
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16.Interest Expended - Others (details not
furnished) amounting to Rs.18,932
Crores constitutes 3.10% of Total Income. |
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17.No figures
with regard to Interest paid on Bulk Deposits on preferential rate of
interest are available. |
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18.Similarly, no break up particulars are available in respect of
provisions made for bad (irrecoverable) debts and Restructured Advances
(CDR and Others). |
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Date: 10-02-2014 |
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V Subramanian |
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