growth of state bank of india

7/27/2019 Growth of State Bank of India

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GROWTH OF STATE BANK OF INDIA

State Bank of India has often acted as guarantor to the Indian Government, most

notably during Chandra Shekhar 's tenure as Prime Minister of India. With 11,448

branches and a further 6500+ associate bank branches, the SBI has extensive

coverage. State Bank of India has electronically networked all of its branches

under Core Banking System (CBS). The bank has one of the largest ATMnetworksin the region. More than 8500 ATMs across India. The State Bank of India has had

steady growth over its history, though it was marred by the Harshad Mehtascam in1992. In recent years, the bank has sought to expand its overseas operations by

buying foreign banks. It is the only Indian bank to feature in the top 100 world

banks in the Fortune Global 500 rating and various other rankings
http://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/Chandra_Shekharhttp://en.wikipedia.org/wiki/Prime_Minister_of_Indiahttp://en.wikipedia.org/wiki/Automatic_Teller_Machinehttp://en.wikipedia.org/wiki/Automatic_Teller_Machinehttp://en.wikipedia.org/wiki/Harshad_Mehtahttp://en.wikipedia.org/wiki/Harshad_Mehtahttp://en.wikipedia.org/wiki/Fortune_Global_500http://en.wikipedia.org/wiki/Fortune_Global_500http://en.wikipedia.org/wiki/Fortune_Global_500http://en.wikipedia.org/wiki/Harshad_Mehtahttp://en.wikipedia.org/wiki/Automatic_Teller_Machinehttp://en.wikipedia.org/wiki/Prime_Minister_of_Indiahttp://en.wikipedia.org/wiki/Prime_Minister_of_Indiahttp://en.wikipedia.org/wiki/Chandra_Shekharhttp://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/Government_of_India


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INTERNATIONAL PRESANCE OF SBI

The bank has 92 branches, agencies or offices in 32 countries. It has branches of

the parent in Colombo, Dhaka, Frankfurt, Hong Kong, Johannesburg, Londonandenvirons, Los Angeles, Malein the Maldives, Muscat, New York,Osaka, Sydney,and Tokyo. It has offshore banking units in the Bahamas, Bahrain, and Singapore,

and representative offices in Bhutanand Cape Town. SBI operates several foreignsubsidiaries or affiliates. In 1990 it established an offshore bank, State Bank of

India (Mauritius). It has two subsidiaries in North America, State Bank of India

(California), and State Bank of India (Canada). In 1982, the bank established its

California subsidiary, named State Bank of India (California), which now has eight

branches - seven branches in the state of California and one in Washington DC

which was recently opened on 23rd November, 2009. The seven branches in the

state of California are located in Los Angeles, Artesia, San Jose, Canoga Park,

Fresno, SanDiego and Bakersfield. The Canadian subsidiary too dates to 1982and

has seven branches, four in the greaterTorontoarea, and three in British Columbia.In Nigeria, SBI operates as INMB Bank. This bank began in 1981 as the Indo-

Nigerian Merchant Bank and received permission in 2002 to commence retail
http://en.wikipedia.org/wiki/Colombohttp://en.wikipedia.org/wiki/Dhakahttp://en.wikipedia.org/wiki/Frankfurthttp://en.wikipedia.org/wiki/Hong_Konghttp://en.wikipedia.org/wiki/Johannesburghttp://en.wikipedia.org/wiki/Londonhttp://en.wikipedia.org/wiki/Londonhttp://en.wikipedia.org/wiki/Los_Angeleshttp://en.wikipedia.org/wiki/Malehttp://en.wikipedia.org/wiki/Malehttp://en.wikipedia.org/wiki/Maldiveshttp://en.wikipedia.org/wiki/Muscat,_Omanhttp://en.wikipedia.org/wiki/New_Yorkhttp://en.wikipedia.org/wiki/Osakahttp://en.wikipedia.org/wiki/Sydneyhttp://en.wikipedia.org/wiki/Tokyohttp://en.wikipedia.org/wiki/Bahamashttp://en.wikipedia.org/wiki/Bahrainhttp://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/Bhutanhttp://en.wikipedia.org/wiki/Bhutanhttp://en.wikipedia.org/wiki/Cape_Townhttp://en.wikipedia.org/wiki/Torontohttp://en.wikipedia.org/wiki/Torontohttp://en.wikipedia.org/wiki/British_Columbiahttp://en.wikipedia.org/wiki/Nigeriahttp://en.wikipedia.org/wiki/Nigeriahttp://en.wikipedia.org/wiki/British_Columbiahttp://en.wikipedia.org/wiki/Torontohttp://en.wikipedia.org/wiki/Cape_Townhttp://en.wikipedia.org/wiki/Bhutanhttp://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/Bahrainhttp://en.wikipedia.org/wiki/Bahamashttp://en.wikipedia.org/wiki/Tokyohttp://en.wikipedia.org/wiki/Sydneyhttp://en.wikipedia.org/wiki/Osakahttp://en.wikipedia.org/wiki/New_Yorkhttp://en.wikipedia.org/wiki/Muscat,_Omanhttp://en.wikipedia.org/wiki/Maldiveshttp://en.wikipedia.org/wiki/Malehttp://en.wikipedia.org/wiki/Los_Angeleshttp://en.wikipedia.org/wiki/Londonhttp://en.wikipedia.org/wiki/Johannesburghttp://en.wikipedia.org/wiki/Hong_Konghttp://en.wikipedia.org/wiki/Frankfurthttp://en.wikipedia.org/wiki/Dhakahttp://en.wikipedia.org/wiki/Colombo


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banking. It now has five branches in Nigeria. In Nepal SBI owns 50% of Nepal

SBI Bank, which has branches throughout the country. In Moscow SBI owns 60%

ofCommercial Bank of India, with Canara Bankowning the rest. In Indonesiaitowns 76% of PT Bank Indo Monex. State Bank of India already has a branch in

Shanghaiand plans to open one up in Tianjin.
http://en.wikipedia.org/w/index.php?title=Commercial_Bank_of_India&action=edit&redlink=1http://en.wikipedia.org/wiki/Canara_Bankhttp://en.wikipedia.org/wiki/Indonesiahttp://en.wikipedia.org/wiki/Indonesiahttp://en.wikipedia.org/wiki/Shanghaihttp://en.wikipedia.org/wiki/Shanghaihttp://en.wikipedia.org/wiki/Tianjinhttp://en.wikipedia.org/wiki/Tianjinhttp://en.wikipedia.org/wiki/Shanghaihttp://en.wikipedia.org/wiki/Indonesiahttp://en.wikipedia.org/wiki/Canara_Bankhttp://en.wikipedia.org/w/index.php?title=Commercial_Bank_of_India&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Commercial_Bank_of_India&action=edit&redlink=1


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STATE BANK OF INDIA -FINANCIAL

HIGHLIGHTS-2005-2011

Rs. in BillionFY200

5

FY200

6

FY200

7

FY200

8

FY200

9

FY201

0

FY201

1

Deposits 3670.48 3800.46 4355.21 5374.05 7420.73 8041.16 9339.33

Advances 2023.74 2618.01 3373.36 4168.95 5425.03 6319.14 7567.19

Investments 1970.98 1625.34 1491.49 1895.01 2759.54 2957.85 2956.01

Total Assets 4598.83 4940.29 5665.65 7215.26 9644.32 10534.13 12237.36

Interest Income 324.28 359.80 394.91 489.50 637.88 709.94 813.94

Interest Expenses 184.83 203.90 234.37 319.29 429.15 473.22 488.68

Net Interest

Income139.45 155.89 160.54 170.21 208.73 236.71 325.26

Non-Interest

Income71.20 74.35 57.69 86.95 126.91 149.68 158.25

Total Operating

Income210.65 230.24 218.23 257.16 335.64 386.40 483.61


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Staff Expense 69.07 81.23 79.33 77.86 97.47 127.55144.80

Overhead

Expenses31.67 36.02 38.91 48.23 59.01 75.64 85.35

Total Operating

Expenses100.74 117.25 118.24 126.09 156.49 203.18 230.15

Operating Profit 109.91 112.99 100.00 131.07 179.15 183.20 253.36

Total Provisions 66.86 68.93 54.59 63.78 87.94 91.55 170.71

Net Profit 43.05 44.07 45.41 67.29 91.21 91.66 82.65


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STATE BANK OF INDIA

KEY FINANCIALINDICATORS (%)

FY2005 FY2006 FY2007 FY 2008 FY 2009 FY 2010 FY2011

ROA 0.99 0.89 0.84 1.01 1.04 0.88 0.71

ROE 18.10 15.47 14.24 17.82 15.07 14.84 12.84

EPS(Rs.) 81.79 83.73 86.29 126.62 143.77 144.37 130.16

BVS(Rs.) 450 525 606 598 953 973 1014

Dividend Payout

Ratio

15.29 16.72 16.22 20.18 20.19 20.78 23.05

Cost/Income

Ratio

47.83 58.70 54.18 49.03 46.62 52.59 47.60

Capital

Adequacy Ratio

(Basel I)

(Basel II)

12.45 11.88 12.34 13.54 12.97

14.25

12.00

13.39

10.69

11.98

Cost of Deposits 5.11 4.77 4.79 5.59 6.30 5.80 5.26

Yield onAdvances

7.68 7.78 8.67 9.90 10.15 9.66 9.56

Yield on

Resources

Deployed

7.94 7.10 6.88 6.92 7.10 6.52 7.02

Net Interest

Margin

3.39 3.40 3.31 3.07 2.93 2.66 3.32

Gross NPA Ratio 5.96 3.61 2.92 3.04 2.86 3.05 3.28

Net NPA Ratio 2.65 1.88 1.56 1.78 1.79 1.72 1.63

Provision

Coverage

(Excl AUCA)

57 49 47 42.17 38.42 44.36 51.25

Including AUCA 56.98 59.23 59.23 64.95


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SUMMARY OF STATE BANK OF INDIAS

BALANCE SHEET

(Rs. in

billion)

MARCH

2005

MARCH

2006

MARCH

2007

MARCH

2008

MARCH

2009

MARCH

2010

MARCH

2011

CAPITAL &

LIABILITIES

Capital 5.26 5.26 5.26 6.31 6.35 6.35 6.35

Reserves &

Surplus

235.46 271.18 307.72 484.01 573.13 653.14 643.51

Deposits 3670.48 3800.46 4355.21 5374.04 7420.73 8041.16 9339.33Borrowings 191.84 306.41 397.03 517.27 537.14 1030.12 1195.69

Other

Liabilities &

Provisions

495.79 556.98 600.42 833.62 1106.97 803.37 1052.48

Total 4598.83 4940.29 5665.65 7215.26 9644.32 10534.14 12237.36

ASSETS

Cash &

balanceswith

Reserve

Bank of

India

168.10 216.53 290.76 515.35 555.46 612.91 943.95

Balances

with banks

and

money atcall & short

notice

225.12 229.07 228.92 159.32 488.58 348.93 284.79

Investments 1970.98 1625.34 1491.49 1895.01 2759.54 2957.85 2956.01

Advances 2023.74 2618.01 3373.36 4167.68 5425.03 6319.14 7567.19

Fixed 26.98 27.53 28.19 33.73 38.38 44.13 47.65


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Assets

Other

Assets

183.91 223.81 252.92 444.17 377.33 351.13 437.78

Total 4598.83 4940.29 5665.65 7215.26 9644.32 10534.14 12237.35

Contingent

Liabilities

1593.97 2288.51 3065.90 8107.96 7237 5484.46 7304.85

Bills for

Collection

167.77 205.93 233.68 189.47 438.70 479.22 599.05

growth of state bank of india

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