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State Bank of Mysore
Having been established in the year 1913 as Bank of Mysore Ltd., the present day State Bank of Mysore has a rich history. This bank represented the erstwhile Government of Mysore and had its patronage since being incepted until India attained freedom.
The post independent banking reform brought several changes in the banking sector. The government of India made the Bank of Mysore Ltd. an associate of State Bank of India in the year 1960. By now this bank has already opened more than 650 branches in different parts of the state and the country.
Presently State Bank of Mysore offers numerous kinds of banking solutions for its customers through its array of deposit schemes which fulfills the needs of the masses concerned. Its key focus is still on welfare banking schemes for the betterment of communities concerned.
According to recent records of this bank more than 10200 employees serve it in corporate office and various branches spread in many parts of the country. The previous calculations recorded for financial year 2008-2009 noted that State Bank of Mysore had approximately US$10 Billion assets with its profits went up to US$65 million.
The bank has facility for wire transferring of funds as well and provides best avenues to the accountholders to make it easy for them to enjoy hassle-free banking experience.
State Bank Of Mysore Details:
IFSC Code of Banks In India