State Bank of India - Company Profile
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State Bank of India (SBI) is among the leading commercial banks in India, offering retail banking, commercial banking, wholesale banking, international banking, and treasury services. Adequate capital and liquidity; digitalization, and improved asset quality are some of its strengths; even an increase in expenses could be a cause for concern. The growing market for payment channels in India, innovation and technology, strategic acquisitions, and strategic initiatives efforts could provide growth opportunities for the bank. However, risks related to online identity theft and hacking, competition, and the emergence of neobanks could pose various challenges to the bank.
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