State Bank of India - Company Profile
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Business Description
State Bank of India (SBI) offers traditional banking, trading services, international banking, and treasury services. As of March 31, 2023, the bank had total assets of INR59,544,183.2 million, total deposits of INR44,685,355.1 million, and advances of INR32,679,021.3 million.
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Business Segments
Overview
Offers loans and transactional banking services to institutional and corporate clients. Also includes non-treasury operations of foreign subsidiaries and offices. Includes lending operations of Mid Corporate Accounts Group, Corporate Accounts Group, and Stressed Assets Resolution Group.
Performance
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Overview
Offers life and non-life insurance through SBI Life Insurance Co. Ltd. and SBI General Insurance Co. Ltd.
Performance
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Overview
Comprises non-banking subsidiaries/joint ventures functions of the bank, excluding SBI Life Insurance Co. Ltd. and SBI General Insurance Co. Ltd.
Performance
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Overview
Offers personal banking solutions including lending solutions to corporate clients. Also comprises agency business and ATM operations.
Performance
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Overview
Includes trading operations such as foreign exchange and derivative contracts; and investment portfolio. Has been focusing on enhancing the use of information technology in its forex offerings to meet the changing needs of customers and transforming its operations.
Performance
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Geographical Segments
Target Markets
India
Performance
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Target Markets
Australia, Bahrain, Bangladesh, China, Belgium, Germany, Hong Kong, Israel, Japan, Maldives, Myanmar, Oman, Singapore, South Africa, South Korea, Sri Lanka, the UAE, the US, and the UK.
Performance
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