State Bank of Mysore net drops 80% in Q1

The total income for the period rose by 21.55 per cent to Rs 796.69 crore compared to the same period last fiscal. The bank's capital adequacy ratio stands at 11.3 per cent for the quarter. The gross NPA ratio declined to 1.66 per cent as on June 30, 2008 from 2.07 per cent in the year ago period. The net NPA ratio also declined to 0.41 per cent as compared to 0.42 per cent in the same quarter last year.