What is the full form of SBI?
The full form of SBI is the State Bank of India and it is the largest public sector bank in India. Established in 1806 as the Bank of Calcutta, SBI is the first and the oldest commercial bank in India. Headquartered in Mumbai, SBI has over 22,000 branches, 62617 ATMs, and 71,968 Business correspondents outlets as of October 2021.
Genesis & Profile of State Bank of India
Brief Profile of State Bank Of India: The State Bank of India was incorporated in 1806, having its headquarters at Madame Cama Road, Nariman Point, Mumbai. Over the last 216 years, SBI has entered into many new businesses with strategic tie ups with pension funds, general insurance, custodial services, private equity, mobile banking, etc. Inception of State Bank Of India: SBI was originally known as the Bank of Calcutta, founded in 1806. The Bank of Madras, Bank of Calcutta and Bank of Bombay merged in 1955 to form Imperial Bank of India. In 1955, the Reserve Bank of India gained 60% stake in Imperial Bank of India and renamed it as the ‘State Bank of India’. Chairman & Directors: Mr Dinesh Kumar Khara is the chairman of State Bank of India (SBI) with Mr C.S. Setty and Mr Ashwani Bhatia presiding as the managing directors of the State Bank of India.Customer Segment & Area of Operations of State Bank of India
SBI offers a plethora of products and services such as:- Personal banking (net banking and mobile banking)
- Corporate banking
- Agricultural and Rural banking
- Non-Resident Individuals (NRI) banking
- Small and Medium Enterprises (SMEs) deposits and loans
- International Banking
- Global banking
- Credit cards, debit cards, fixed deposits, recurring deposit
- Loan Disbursement (personal loan, home loan, business loan, loan against property, car loan, gold loan, etc.)
- Forex banking
Confidence Booster for Investors:
- The share price of SBI has steadily grown at a CAGR of 11% in the past 5 years and by 17% in the last 3 years.
Shareholding pattern:
The table below highlights the approximate shareholding pattern of the State Bank of India as of September 2020.| SEP 2021 | DEC 2021 | MAR 2022 | |
| Promoters | 57.62% | 57.6% | 57.59% |
| FIIs | 10.55% | 10.37% | 9.97% |
| DIIs | 24.17% | 24.1% | 24.66% |
| Government | 0.15% | 0.15% | 0.15% |
| Public | 7.51% | 7.78% | 7.63% |
Annual & Quarterly Results:
1. Quarterly results of SBI
(Rs in Cr.)
| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | |
| Revenue | Rs. 68,033 | Rs. 68,960 | Rs. 73,029 | Rs. 73,376 |
| Expenses | Rs. 55,380 | Rs. 44,698 | Rs. 42,676 | Rs. 52,015 |
| Financing Profit | Rs. -25737 | Rs. -13987 | Rs. -8285 | Rs. -18002 |
| Financing Margin | Rs. -38 | Rs. -20 | Rs. -11 | Rs. -25 |
| Other Income | Rs. 35,398 | Rs. 24,307 | Rs. 20,696 | Rs. 31,152 |
| Interest | Rs. 38,389 | Rs. 38,249 | Rs. 38,638 | Rs. 39,363 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | Rs. 9,661 | Rs. 10,320 | Rs. 12,411 | Rs. 13,150 |
| Tax | Rs. 25 | Rs. 27 | Rs. 26 | Rs. 26 |
| Net Profit | Rs. 6,126 | Rs. 7,380 | Rs. 8,890 | Rs. 9,555 |
2. Balance sheet of SBI
| Mar 2019 | Mar 2020 | Mar 2021 | |
| Share Capital | 892 | 892 | 892 |
| Reserves | 233,603 | 250,168 | 274,669 |
| Borrowings | 3,354,289 | 3,607,061 | 4,149,127 |
| Other Liabilities | 299,676 | 339,364 | 420,926 |
| Total Liabilities | 3,888,460 | 4,197,486 | 4,845,615 |
| Fixed Assets | 39,941 | 39,608 | 39,699 |
| Cwip | 762 | 470 | 468 |
| Investments | 1,119,270 | 1,228,284 | 1,595,100 |
| Other Assets | 2,728,487 | 2,929,123 | 3,210,348 |
| Total Assets | 3,888,460 | 4,197,486 | 4,845,615 |
| Inventories | 0 | 0 | 0 |
| Trade Receivables | 0 | 0 | 0 |
| Cash & Bank | 225,512 | 254,315 | 347,707 |
| Loans and Advances | 276,125 | 300,503 | 371,494 |
| Trade Payables | 0 |
| Market Cap (Cr): Rs 434,852 | Face Value: Rs 1 | EPS: Rs 35.8 |
| Book Value: Rs 309 | ROCE (%): 4.53 | Debt to Equity: 15.1 |
| Stock PE: 11.7 | ROE (%): 8.21 | Dividend Yield (%): 0.81 |
| Promoter’s Holdings (%): 57.6 | Total Debt (Cr): Rs 4,149,127 |
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