introducation of sbi
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Its all about of sbiTRANSCRIPT
By :Ramesh Sahu
Doleshwar Patel
About SBIThe State Bank of India is the largest of the Big Four banks of India, along with ICICI Bank,Punjab National Bank and HDFC Bank—its main competitors.
The State Bank of India was founded on July 1,1955.
It’s revenue is 2001.99 billion, profit 144.04 billion, total assets amounting 22806.89 billionand total equity 1154.66 billion.
It provides employment to 2,22,933 people all over the world.
SBI is ranked #292 globally in Fortune Global 500 list in 2011.
The State Bank Group, with over 16,000 branches, has the largest banking branch networkin India.
It also has around 130 branches overseas.
The State Bank of India is the 29th most reputed company in the world according to Forbes.
The Government of India nationalized the Imperial Bank of India in 1955, with the ReserveBank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, thegovernment took over the stake held by the Reserve Bank of India.
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History of SBIThe roots of the State Bank of India lie in the first decade of 19th century, when theBank of Calcutta, later renamed the Bank of Bengal, was established on June 2, 1806.
The Presidency banks amalgamated on January 27, 1921, and the re-organizedbanking entity took as its name Imperial Bank of India.
Pursuant to the provisions of the State Bank of India Act of 1955, the Reserve Bank ofIndia, which is India's central bank, acquired a controlling interest in the Imperial Bankof India. On April 30, 1955, the Imperial Bank of India became the State Bank of India.
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Associated banksState Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank of Indore
State Bank of Mysore
State Bank of Patiala
State Bank of Saurashtra
State Bank of Travancore
Bank of Cochin
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Non-banking subsidiaries
SBI Capital Markets Ltd.
SBI Funds Management Pvt. Ltd.
SBI Factors & Commercial Services Pvt. Ltd.
SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
SBI DFHI Ltd.
SBI Life Insurance Company Ltd.
SBI General Insurance
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Current Board of DirectorsS.No Name Designation Under Section of SBI Act
1955
1. Smt. Arundhati Bhattacharya Chairman 19(a)
2. Shri A. Krishna Kumar Managing Director 19 (b)
3. Shri P. Pradeep Kumar Managing Director 19 (b)
4. Shri.B.Sriram Managing Director 19 (b)
5. Shri.V.G.Kannan Managing Director 19 (b)
6. Shri Sanjiv Malhotra Director 19 (c)
7. Shri Sunil Mehta Director 19 (c)
8. Shri M.D. Mallya Director 19 (c)
9. Shri Deepak I. Amin Director 19 (c)
10. Shri Jyoti Bhushan Mohapatra Workmen Employee Director 19 (ca)
11. Shri S.K. Mukherjee Officer Employee Director 19 (cb)
12. Dr. Rajiv Kumar Director 19 (d)
13. Shri Harichandra Bahadur Singh Director 19 (d)
14. Shri Tribhuwan Nath Chaturvedi Director 19(d)
15. Shri Gurdial Singh Sandhu Director 19 (e)
16. Dr. Urjit R. Patel Director 19 (f)-----: STATE BANK OF INDIA :-------- 6
Branches of SBI
SBI has 21,500 branches, including branches that belong to its associate banks.
SBI includes 99345 offices in India.
Our 190 Foreign Offices in 36 countries service the international needs of thebank's foreign customers, in addition to conducting retail operations. The focus ofthese offices is India-related business.
SBI has about 25,000 ATMs (25,000th ATM was inaugurated by the thenChairman of State Bank Shri O.P. Bhatt on 31 March 2011, the day of hisretirement); and SBI group(including associate banks) has about 45,000 ATMs.
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EmployeesSBI has provided employment to 2,22,933 people all over the world.
SBI has turned into the third-largest employer in India among listedcompanies after Coal India Limited(383,347) and Tata ConsultancyServices(226,751).
Headquarters in Mumbai, India and employs about 205,896 people.
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PRODUCTS &
SERVICES
SMALL & MEDIUM
ENTERPRISES
PERSONAL BANKING
NRI BANKING
AGRI-CULTURE BANKING
INTER-NATIONAL
BANKING
CORPORATE BANKING
GOVT. BANKING
SERVICES BANKING
INTERSET BANKING
Interest rate
• Home loan 10.10% up to 75 lakh
10.25% above 75 lakh
• Car loan 10.45%
• Education loan 13.50% pa up to 4 lakh
13.75% pa above 4 lakh
• Retail gold loan 12.50 %
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Communication
SBI
AdvertisementPersonal
CommunicationSales
PromotionPublicity &
Public RelationsInstructional
Material
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SBI Group
Sl.N
o
Product Company URL
i) Life Insurance SBI Life Insurance Co www.sbilife.co.in
ii) General Insurance SBI General Insurance Co. Ltd. www.sbigeneral.in
iii) Mutual Funds SBI Mutual Funds www.sbimf.com
UTI Mutual Funds www.utimf.com
Franklin Templeton Mutual Funds www.franklintempletonindia.com
Tata Mutual Funds www.tatamutualfund.com
Fidelity Mutual Funds www.fidelity.co.in
Others
iv) Credit Cards SBI Cards & Payment Services Ltd. www.sbicard.com
v) Govt. Securities and Corp.
Bonds
SBI DFHI LTD www.sbidfhi.com
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Profit & Loss account of State Bank of India ------------------- in Rs. Cr. -------------------Mar '14 Mar '13 Mar '12 Mar '11 Mar '1012 mths 12 mths 12 mths 12 mths 12 mths
IncomeInterest Earned 136,350.80 119,657.10 106,521.45 81,394.36 70,993.92Other Income 18,552.92 16,034.84 14,351.45 14,930.42 14,968.15
Total Income 154,903.72 135,691.94 120,872.90 96,324.78 85,962.07ExpenditureInterest expended 87,068.63 75,325.80 63,230.37 48,867.96 47,322.48Employee Cost 22,504.28 18,380.90 16,974.04 15,211.62 12,754.65Selling and Admin Expenses 0 0 0 0 7,898.23Depreciation 1,333.94 1,139.61 1,007.17 990.5 932.66Miscellaneous Expenses 33,105.70 26,740.65 27,954.03 23,884.37 7,888.00Preoperative Exp Capitalised 0 0 0 0 0Operating Expenses 35,725.85 29,284.42 26,068.99 23,015.44 24,941.01Provisions & Contingencies 21,218.07 16,976.74 19,866.25 17,071.05 4,532.53Total Expenses 144,012.55 121,586.96 109,165.61 88,954.45 76,796.02
Net Profit for the Year 10,891.17 14,104.98 11,707.29 7,370.35 9,166.05
Extraordionary Items 0 0 0 0 0Profit brought forward 0.34 0.34 6.05 0.34 0.34Total 10,891.51 14,105.32 11,713.34 7,370.69 9,166.39Preference Dividend 0 0 0 0 0Equity Dividend 2,239.71 2,838.74 2,348.66 1,905.00 1,904.65Corporate Dividend Tax 298.45 375.95 296.49 246.52 236.76Per share data (annualised)Earning Per Share (Rs) 145.88 206.2 174.46 116.07 144.37Equity Dividend (%) 300 415 350 300 300Book Value (Rs) 1,584.34 1,445.60 1,251.05 1,023.40 1,038.76AppropriationsTransfer to Statutory Reserves 8,353.03 10,890.29 9,067.85 5,218.83 6,495.14Transfer to Other Reserves 0 0 0 0 529.5Proposed Dividend/Transfer to Govt
2,538.16 3,214.69 2,645.15 2,151.52 2,141.41
Balance c/f to Balance Sheet 0.32 0.34 0.34 0.34 0.34
Total 10,891.51 14,105.32 11,713.34 7,370.69 9,166.39-----: STATE BANK OF INDIA :-------- 13
Balance Sheet of State Bank of India ------------------- in Rs. Cr. -------------------
Mar '14 Mar '13 Mar '12 Mar '11 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
Capital and Liabilities:Total Share Capital 746.57 684.03 671.04 635 634.88
Equity Share Capital 746.57 684.03 671.04 635 634.88
Share Application Money 0 0 0 0 0
Preference Share Capital 0 0 0 0 0
Reserves 117,535.68 98,199.65 83,280.16 64,351.04 65,314.32
Revaluation Reserves 0 0 0 0 0
Net Worth 118,282.25 98,883.68 83,951.20 64,986.04 65,949.20Deposits 1,394,408.51 1,202,739.57 1,043,647.36 933,932.81 804,116.23Borrowings 183,130.88 169,182.71 127,005.57 119,568.96 103,011.60Total Debt 1,577,539.39 1,371,922.28 1,170,652.93 1,053,501.77 907,127.83
Other Liabilities & Provisions 96,412.96 95,455.07 80,915.09 105,248.39 80,336.70
Total Liabilities 1,792,234.60 1,566,261.03 1,335,519.22 1,223,736.20 1,053,413.73Assets
Cash & Balances with RBI 84,955.66 65,830.41 54,075.94 94,395.50 61,290.87
Balance with Banks, Money at Call 47,593.97 48,989.75 43,087.23 28,478.65 34,892.98
Advances 1,209,828.72 1,045,616.55 867,578.89 756,719.45 631,914.15Investments 398,308.19 350,927.27 312,197.61 295,600.57 285,790.07Gross Block 8,002.16 6,595.71 5,133.87 4,764.19 11,831.63
Accumulated Depreciation 0 0 0 0 7,713.90
Net Block 8,002.16 6,595.71 5,133.87 4,764.19 4,117.73
Capital Work In Progress 0 409.31 332.68 0 295.18
Other Assets 43,545.90 47,892.03 53,113.02 43,777.85 35,112.76Total Assets 1,792,234.60 1,566,261.03 1,335,519.24 1,223,736.21 1,053,413.74
Contingent Liabilities 1,091,358.37 993,018.45 899,565.18 790,389.59 429,917.37
Bills for collection 0 0 0 0 166,449.04
Book Value (Rs) 1,584.34 1,445.60 1,251.05 1,023.40 1,038.76-----: STATE BANK OF INDIA :-------- 14
Stock status
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Last
Trade
2,411.80
Prev Cls
2,349.00
Days
Range
2,345.20-
2,418.80
Volume204,997
Change
42.001.77%
Open2,349.00
52-Week
Range
2,834.00-1,456.00
Mkt Cap
INR
millions
1,800,578
Splits
Jan-28-08 [10:0]
BSE
5 YearsShow Chart
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