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STATE BANK OF INDIA performance

Today’s low

Today’s high

₹ 784.50 ₹ 811.50
₹ 788.65

52 week low

52 week high

₹ 680.00 ₹ 912.00
₹ 788.65

Open Price

₹ 811.50

Prev. Close

₹ 812.55

Volume (Shares)

25635764.00

Total traded value

₹ 202176.45

Upper Circuit

₹ 893.80

Lower Circuit

₹ 731.30

info

STATE BANK OF INDIA Share Price Update

As of the latest trading session, STATE BANK OF INDIA share price is currently at ₹ 788.65, which is down by ₹ -23.89 from its previous closing. Today, the stock has fluctuated between ₹ 784.50 and ₹ 811.50. Over the past year, STATE BANK OF INDIA has achieved a return of -1.68 %. In the last month alone, the return has been 5.29 %. Read More...

STATE BANK OF INDIA fundamentals


  • Market cap (Cr)

    7,03,839.50

  • P/E Ratio (TTM)

    9.93

  • Beta

    1.36

  • Book Value / share

    456.99

  • Return on equity

    18.81%

  • EPS (TTM)

    81.75

  • Dividend yield

    1.69%

  • Net profit/quarter (Cr)

    16,891.44

info icon alternate text
  • Market cap (Cr)

    7,03,393.20

  • P/E Ratio (TTM)

    9.93

  • Beta

    1.36

  • Book Value / share

    456.99

  • Return on equity

    18.81%

  • EPS (TTM)

    81.75

  • Dividend yield

    1.69%

  • Net profit/quarter (Cr)

    16,891.44

info icon alternate text

STATE BANK OF INDIA Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars MAR 2024 (Values in Cr)
Revenue 415130.66
Operating Expense 117760.81
Net Profit 61076.62
Net Profit Margin (%) 14.71
Earnings Per Share (EPS) 68.44
EBITDA 337037.79
Effective Tax Rate (%) 25.31
Particulars MAR 2023 (Values in Cr)
Revenue 332103.06
Operating Expense 97743.13
Net Profit 50232.45
Net Profit Margin (%) 15.12
Earnings Per Share (EPS) 56.29
EBITDA 254468.20
Effective Tax Rate (%) 25.25
Particulars MAR 2022 (Values in Cr)
Revenue 275457.29
Operating Expense 85979.13
Net Profit 31675.98
Net Profit Margin (%) 11.49
Earnings Per Share (EPS) 35.49
EBITDA 198171.55
Effective Tax Rate (%) 27.05
Particulars MAR 2021 (Values in Cr)
Revenue 265150.63
Operating Expense 82652.22
Net Profit 20410.47
Net Profit Margin (%) 7.69
Earnings Per Share (EPS) 22.87
EBITDA 181981.75
Effective Tax Rate (%) 25.89
Particulars MAR 2020 (Values in Cr)
Revenue 257323.59
Operating Expense 75173.69
Net Profit 14488.11
Net Profit Margin (%) 5.63
Earnings Per Share (EPS) 16.23
EBITDA 184301.53
Effective Tax Rate (%) 42.19
Particulars MAR 2024 (Values in Cr)
Book Value / Share 434.06
ROE % 18.97
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2023 (Values in Cr)
Book Value / Share 371.08
ROE % 18.44
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2022 (Values in Cr)
Book Value / Share 316.22
ROE % 13.61
ROCE % 4.24
Total Debt to Total Equity 16.26
EBITDA Margin 0.00
Particulars MAR 2021 (Values in Cr)
Book Value / Share 282.35
ROE % 10.10
ROCE % 4.38
Total Debt to Total Equity 16.18
EBITDA Margin 0.00
Particulars MAR 2020 (Values in Cr)
Book Value / Share 254.69
ROE % 6.57
ROCE % 4.82
Total Debt to Total Equity 15.92
EBITDA Margin 0.00
Particulars MAR 2024 (Values in Cr)
Book Value / Share 391.83
ROE % 18.81
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2023 (Values in Cr)
Book Value / Share 335.98
ROE % 18.05
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2022 (Values in Cr)
Book Value / Share 287.64
ROE % 12.91
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2021 (Values in Cr)
Book Value / Share 258.05
ROE % 9.02
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2020 (Values in Cr)
Book Value / Share 233.34
ROE % 6.74
ROCE % 0.00
Total Debt to Total Equity 0.00
EBITDA Margin 0.00
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 326572.30
Total Assets 6733778.79
Total Liabilities 6733778.79
Total Equity 430557.13
Share Outstanding 8924611534
Price to Book Ratio 1.92
Return on Assets (%) 0.99
Return on Capital (%) 1.11
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 318311.90
Total Assets 5954418.31
Total Liabilities 5954418.31
Total Equity 371767.93
Share Outstanding 8924611534
Price to Book Ratio 1.56
Return on Assets (%) 0.93
Return on Capital (%) 1.04
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 398905.12
Total Assets 5360883.52
Total Liabilities 5360883.52
Total Equity 316795.46
Share Outstanding 8924611534
Price to Book Ratio 1.72
Return on Assets (%) 0.65
Return on Capital (%) 0.73
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 347707.03
Total Assets 4845618.54
Total Liabilities 4845618.54
Total Equity 285187.47
Share Outstanding 8924611534
Price to Book Ratio 1.41
Return on Assets (%) 0.46
Return on Capital (%) 0.51
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 254315.26
Total Assets 4197492.34
Total Liabilities 4197492.34
Total Equity 259003.94
Share Outstanding 8924611534
Price to Book Ratio 0.84
Return on Assets (%) 0.47
Return on Capital (%) 0.51
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 310801.98
Total Assets 6179693.94
Total Liabilities 6179693.94
Total Equity 377246.53
Share Outstanding 8924611534
Price to Book Ratio 1.92
Return on Assets (%) 0.98
Return on Capital (%) 1.04
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 307899.61
Total Assets 5516978.52
Total Liabilities 5516978.52
Total Equity 327608.44
Share Outstanding 8924611534
Price to Book Ratio 1.56
Return on Assets (%) 0.91
Return on Capital (%) 0.96
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 394552.32
Total Assets 4987597.40
Total Liabilities 4987597.40
Total Equity 280088.06
Share Outstanding 8924611534
Price to Book Ratio 1.72
Return on Assets (%) 0.63
Return on Capital (%) 0.67
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 343038.70
Total Assets 4534429.63
Total Liabilities 4534429.63
Total Equity 253875.18
Share Outstanding 8924611534
Price to Book Ratio 1.41
Return on Assets (%) 0.45
Return on Capital (%) 0.47
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 251097.00
Total Assets 3951393.91
Total Liabilities 3951393.91
Total Equity 232007.42
Share Outstanding 8924611534
Price to Book Ratio 0.84
Return on Assets (%) 0.36
Return on Capital (%) 0.38
Particulars MAR 2024 (Values in Cr)
Net Income 90186.44
Cash from Operations 52900.69
Cash from Investing -4251.71
Cash from Financing -9896.28
Net change in Cash 8260.39
Free Cash Flow 52900.69
Particulars MAR 2023 (Values in Cr)
Net Income 74488.30
Cash from Operations -68689.95
Cash from Investing -4040.96
Cash from Financing 6386.38
Net change in Cash -80593.21
Free Cash Flow -68689.95
Particulars MAR 2022 (Values in Cr)
Net Income 48756.34
Cash from Operations 66719.14
Cash from Investing -3618.51
Cash from Financing -3844.51
Net change in Cash 51198.08
Free Cash Flow 70024.40
Particulars MAR 2021 (Values in Cr)
Net Income 30921.70
Cash from Operations 93738.42
Cash from Investing -3736.22
Cash from Financing 7142.67
Net change in Cash 93391.77
Free Cash Flow 97648.24
Particulars MAR 2020 (Values in Cr)
Net Income 31907.55
Cash from Operations 38788.02
Cash from Investing -3323.69
Cash from Financing 5429.51
Net change in Cash 28802.99
Free Cash Flow 41853.03
Company Name Price P/E P/B Market Cap 52 Week Low/High
KOTAK MAHINDRA BANK LTD 2205.35 22.30 2.97 438472.76 1544.15 / 2301.55
FEDERAL BANK LTD 203.30 12.37 1.53 49929.84 148.25 / 216.90
HDFC BANK LTD 1908.25 20.64 2.82 1460869.40 1430.15 / 1977.95
ICICI BANK LTD. 1429.45 19.96 3.29 1018561.40 1051.50 / 1438.15
Company Name Price P/E P/B Market Cap 52 Week Low/High
KOTAK MAHINDRA BANK LTD 2205.35 30.56 3.96 438472.76 1544.15 / 2301.55
KARUR VYSYA BANK LTD 218.05 9.31 1.61 17554.04 165.15 / 246.15
FEDERAL BANK LTD 203.30 12.71 1.58 49929.84 148.25 / 216.90
HDFC BANK LTD 1908.25 21.69 2.93 1460869.40 1430.15 / 1977.95

STATE BANK OF INDIA Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
788.65 -2.94 redarrow
red-green-graph indicator
7 Bearish
9 Bullish
  • 5 Days 809.90
  • 26 Days 781.30
  • 10 Days 801.80
  • 50 Days 770.20
  • 12 Days 798.50
  • 100 Days 772.50
  • 20 Days 787.40
  • 200 Days 773.60
816.85 PIVOT

First Support

804.70

First Resistance

824.70

Second Support

796.85

Second Resistance

836.85

Third Support

784.70

Third Resistance

844.70

RSI

61.43

ADX

30.84

MACD

17.25

Williams % R

-21.75

Commodity Channel Index (CCI)

100.14

Date

2025-04-29

Week

7335916.00

Same Day

5082312.00

Month

6380278.00

1 Year

1.36

3 Year

1.25

Over 1 Month

5.29%

down

Over 1 Year

-1.68%

down

Over 3 Months

7.13%

down

Over 3 Years

17.86%

down

Over 6 Months

-2.41%

down

Over 5 Years

33.71%

down

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STATE BANK OF INDIA shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
7.57%
Promoter Holdings
57.43%
FII
9.94%
DII
25.05%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
President Of India 5.079775288E9 (57.43%) Shareholding of Promoter and Promoter Group
Life Insurance Corporation Of India 8.29292748E8 (9.38%) Public Shareholding
Sbi Mutual Fund Schemes 2.62208496E8 (2.96%) Public Shareholding
Icici Mutual Fund Schemes 1.47475376E8 (1.67%) Public Shareholding
Nps Trust Schemes 1.31545112E8 (1.49%) Public Shareholding
Hdfc Mutual Fund Schemes 1.18788638E8 (1.34%) Public Shareholding
Nippon Life India Mutual Fund Schemes 1.06823875E8 (1.21%) Public Shareholding

News

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STATE BANK OF INDIA corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
31 May 2023 11.3 Final 31 May 2023 Equity shares
25 May 2022 7.1 Final 26 May 2022 Equity shares
03 Jun 2021 4.0 Final 04 Jun 2021 Equity shares
26 May 2017 2.6 Final 30 May 2017 Equity shares
03 Jun 2016 2.6 Final 07 Jun 2016 Equity shares
28 May 2015 3.5 Final 30 May 2015 Equity shares
29 May 2014 15.0 Final 31 May 2014 Equity shares
11 Mar 2014 15.0 Interim 13 Mar 2014 Equity shares
28 May 2013 41.5 Final 30 May 2013 Equity shares
24 May 2012 35.0 Final 26 May 2012 Equity shares
20 May 2011 30.0 Final 24 May 2011 Equity shares
09 Jun 2010 20.0 Final 11 Jun 2010 Equity shares
05 Feb 2010 10.0 Interim 09 Feb 2010 Equity shares
10 Jun 2009 29.0 Final 12 Jun 2009 Equity shares
29 May 2008 21.5 Final 02 Jun 2008 Equity shares
13 Jun 2007 14.0 Final 15 Jun 2007 Equity shares
17 Jun 2005 0.0 Final 21 Jun 2005 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
20 Nov 2014 10.0 1.0 21 Nov 2014
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
31 May 2023 11.3 Final 31 May 2023 Equity shares
25 May 2022 7.1 Final 26 May 2022 Equity shares
03 Jun 2021 4.0 Final 04 Jun 2021 Equity shares
26 May 2017 2.6 Final 30 May 2017 Equity shares
03 Jun 2016 2.6 Final 07 Jun 2016 Equity shares
28 May 2015 3.5 Final 30 May 2015 Equity shares
29 May 2014 15.0 Final 31 May 2014 Equity shares
11 Mar 2014 15.0 Interim 13 Mar 2014 Equity shares
28 May 2013 41.5 Final 30 May 2013 Equity shares
24 May 2012 35.0 Final 26 May 2012 Equity shares
20 May 2011 30.0 Final 24 May 2011 Equity shares
09 Jun 2010 20.0 Final 11 Jun 2010 Equity shares
05 Feb 2010 10.0 Interim 09 Feb 2010 Equity shares
10 Jun 2009 29.0 Final 12 Jun 2009 Equity shares
29 May 2008 21.5 Final 02 Jun 2008 Equity shares
13 Jun 2007 14.0 Final 15 Jun 2007 Equity shares
17 Jun 2005 0.0 Final 21 Jun 2005 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
20 Nov 2014 10.0 1.0 21 Nov 2014

SBI share result highlights

State Bank of India’s (SBI) recent financial results reflect a strong performance, with significant growth in both revenue and profitability. The State Bank of India share price reacted positively, driven by increased loan disbursements and improved asset quality. The bank reported a rise in net interest income, alongside a reduction in non-performing assets (NPAs), which contributed to higher profit margins. EBITDA also showed substantial growth, underscoring the bank’s operational efficiency. Investors remain optimistic about the bank’s long-term growth, as these results have reinforced confidence in the State Bank of India share price.

SBI share annual reports

State Bank of India’s annual reports provide a detailed overview of the bank’s financial health over the past year. The reports highlight consistent growth in revenue and improvements in asset quality, which have positively impacted the State Bank of India share price. The balance sheet reflects strong capital adequacy and a focus on reducing non-performing assets. The annual report also outlines future plans for expanding digital banking services and strengthening retail banking, which are expected to further enhance the bank’s market position and positively affect the State Bank of India share price.

SBI share dividend

State Bank of India has maintained a consistent dividend policy, providing regular returns to its shareholders. The State Bank of India share price responded favourably to the bank’s most recent dividend announcement, showing positive investor sentiment. The dividend payout for the last financial year was in line with market expectations, balancing shareholder returns with reinvestment in growth initiatives. SBI’s stable dividend policy continues to attract investors, supporting the long-term stability and attractiveness of the State Bank of India share price.

SBI Share Price

State Bank of India (SBI), the country's largest lender by assets, reported a 23.98 percent increase in its fourth-quarter (Q4 FY24) profit to Rs 20,698 crore from Rs 16,695 crore a year ago.

- The lender's interest earned grew 19.46 percent to Rs 1.11 lakh crore during the quarter under review.
 

- On the balance sheet, credit growth stood at 15.24 percent (YoY) in Q4 FY24, with domestic advances growing by 16.26 percent. Whole bank deposits grew by 11.13 percent YoY, out of which CASA deposits grew by 4.25 percent. SBI's CASA ratio stands at 41.11 percent as of March 31, 2024.

- In terms of asset quality, the gross NPA (non-performing asset) ratio was 2.24 percent, an improvement of 54 basis points (bps) on a yearly basis. The net NPA ratio, at 0.57 percent, improved by 10 bps YoY.

- The lender's capital adequacy ratio (CAR) as of the end of FY24 stands at 14.28 percent.

- SBI's operating profit for FY24 grew by 12.05 percent YoY to Rs 93,797 crore, while operating profit for Q4 FY24 grew by 16.76 percent YoY to Rs 28,748 crore.

- The bank's ROA and ROE for FY24 stand at 1.04 percent and 20.32 percent, respectively.

State Bank of India (SBI) signed a $165 million credit line with the World Bank for residential and institutional rooftop solar projects, and a €200 million credit line with the European Investment Bank for climate action projects. These loans will be operational after necessary approvals. SBI issued $250 million Senior Unsecured Green Floating Rate Notes through its London branch and received a €70 million loan from KfW for solar projects. In 2021, SBI approved ₹319.18 billion for renewable energy projects and partnered with EIB on a €100 million sustainability financing initiative.

 

STATE BANK OF INDIA Share Price

State Bank of India was incorporated on 01 July, 1955. The Government of India nationalized the Imperial Bank of India in 1955, with Reserve Bank of India taking a 60% stake, and the name changed to State Bank of India. State Bank of India is an Indian multinational, public sector banking and financial services institution. Headquartered in Mumbai, SBI has been providing a wide range of products and services to individuals, commercial enterprises, large corporate, public bodies, and institutional customers.

The Bank operates in four business segments, namely Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Business. The Treasury segment includes the investment portfolio and trading in foreign exchange contracts and derivative contracts. The Corporate/ Wholesale Banking segment comprises the lending activities of Corporate Accounts Group, Mid Corporate Accounts Group and Stressed Assets Management Group. The Retail Banking segment consists of branches in National Banking Group, which primarily includes personal banking activities, including lending activities to corporate customers having banking relations with branches in the National Banking Group.

SBI provides a range of banking products through their vast network of branches in India and Overseas, including products aimed at NRIs. The State Bank Group, with over 22,266 branches, has the largest banking branch network in India. The State Bank of India is the 10th most reputed company in the world according to Forbes.

The Bank has 227 overseas offices spread over 30 countries. They have 22,414 branches of the parent in Colombo, Dhaka, Frankfurt, Hong Kong, Johannesburg, London and environs, Los Angeles, Male in the Maldives, Muscat, New York, Osaka, Sydney, and Tokyo. They have Offshore Banking Units in the Bahamas, Bahrain, and Singapore, and Representative Offices in Bhutan and Cape Town.

In the year 2001, the SBI Life Insurance Company was started by the Bank. It is the only Bank that has been permitted 74% stake in the insurance business. The Bank's insurance subsidiary 'SBI Life Insurance Company' is a joint venture with Cardif S.A in which Cardif holds 26% of the stake.

During the year 2005-06, the bank introduced 'SBI e-tax' an online tax payments facility for direct and indirect tax payment. They also launched the centralized pension processing. The Bank made a partnership with Tata Consultancy Services for setup C-Edg Technologies and consulting services to the banking, financial services and insurance industry. The bank was noted as 'The most preferred bank' in a survey by TV18 in association with AC Nielsen-ORG Marg. Also, the Bank was voted as 'The most preferred housing loan provider' in AWAAZ consumer awards for the year 2006.

In the customer loyalty survey 2006-07 conducted by 'Business World', the Bank was ranked number one in all parameters of customer satisfaction, service orientation, customer care/ call center, and customer's loyalty and home loans. SBI Funds was judged 'Mutual fund of the year' by CNBC/TV-18/CRISL. The Bank introduced new products and services such as web-based remittance, instant fund transfer, online-trading and comprehensive cash management.

During the year 2007-08, the Bank launched 965 branches all over the country. They inaugurated a new state-of-the art Dealing Room with online connectivity to all active forex intensive Branches at Corporate Centre in Mumbai. They launched a new product, Construction Equipment Loan to cater to construction Companies. Also, they introduced new products such as SBI Reverse Mortgage Loan and SBI Home Plus in the areas of Home Loans.

During the year, the RBI transferred their entire shareholding in the Bank representing 59.73% of the issued capital of the Bank to the Government of India. The Bank acquired 92.03% of equity of Global Trade Finance Ltd. Consequently; GTFL became a subsidiary of the Bank. They signed an MoU with the Indian railways for installing ATMs at 682 railway stations. In March 2008, the Bank opened their 10,000th branch and became only the second bank in the world to have more than 10,000 branches after China's ICBC.

During the year 2008-09, the company launched Import factoring, a new product in association with SBI Factors & Commercial Services Ltd. They increased the number of branches for retail sale of gold coins from 250 to 518. Also, they re-launched Gold Deposit Scheme at 50 branches to mobilize gold from domestic market for deployment as metal loans to jewellers.

During the year, the Bank opened their 11,111th Branch at Sonapur (Kamrup District) in Assam. They introduced three new products viz., SBI Special Home Loan, SBI Happy Home Loan and SBI Lifestyle in response to the stimulus package announced by the Government of India. Also, they entered into an exclusive arrangement with Tata Motors for handling the booking process of Tata 'Nano' cars.

During the year, the Bank launched on their website an on-line application form for registering Auto Loan enquiries and expeditiously monitoring and converting these leads into Auto Loans. Also, they launched 'e-invest' for the ASBA (applications supported by blocked accounts) to aid investors for their equity subscriptions, IPO and Rights applications.

During the year, the Bank set up a custodial services company namely SBI Custodial Services Pvt. Ltd., in joint venture with Societe Generale, France. They signed letter of intent for setting up of joint venture company for undertaking General Insurance Business. Also, they divested 10% equity stake in its wholly owned subsidiary SBI Pension Fund Pvt. Ltd at cost in favour of its subsidiaries. In October 2008, the Bank signed an MoU with State General Reserve Fund (SGRF) of Oman, for a general purpose private equity fund.

State Bank of Saurashtra (SBS), a wholly owned subsidiary of the Bank, amalgamated with the Bank with effect from August 13, 2008. They signed a joint venture agreement with Insurance Australia Group for undertaking General Insurance business. Also, they signed a joint venture agreement with Macquarie Capital Group, Australia and IFC, Washington for setting up an Infrastructure fund of USD 3 billion for investing in various infrastructure projects in India.

During the year 2009-10, the Bank opened 1,049 branches. In July 2009, SBI introduced 'SBI Loan to Affluent Pensioners' enabling the government pensioners to avail personal loans upto Rs 3 lakh. During the year, the Bank designed a special package, the Defence Salary Package, for personnel of the three Armed Forces i.e. the Army, Navy and Air Force who maintain their Salary accounts with them. In June 2009, the company increased their shareholding in Nepal SBI Bank Ltd to 55.02% and thus Nepal SBI Bank Ltd became a subsidiary of the Bank with effect from June 14, 2009.

In May 2010, the Bank selected consortium of Elavon Incorporation, USA and Visa International, USA as their joint venture (JV) partner for Merchant Acquiring Business. They set up a wholly owned subsidiary, namely SBI Payment Services Pvt Ltd for conducting Merchant Acquiring Business.

In August 2010, State Bank of Indore was amalgamated with the Bank as per the scheme of amalgamation approved by the Central Board.

During the year 2010-11, the Bank introduced 2 new products, namely 'Pushpa Ullas' and 'Arthias Plus' on pilot basis. They made substantial progress in establishing itself as a leading PE fund player of the country. Also, they signed a Joint Venture agreement with State General Reserve Fund (SGRF) of Sultanate of Oman, a sovereign entity, to set up a general-purpose private equity fund with an initial corpus of USD 100 million, expandable further to USD 1.5 billion.

During the year, the Bank opened 576 new branches besides merger of 470 branches of erstwhile State Bank of Indore. Also, they opened 14 foreign offices during the year, taking the total to 156. In July 1, 2010, the Bank launched their 'Green Channel Counter' at select branches across the country.

In General Insurance business, the Bank launched limited operations in April 2010 for the Corporate and Mid Corporate customers based at Mumbai, and it was expanded to six other major locations in July 2010. In the Retail segment, the Bank launched their Long Term Home Insurance business at Mumbai in October 2010, which was gradually extended to cover 56 RACPCs and RASMECCs. General Insurance SME business was launched on a pilot basis in Mumbai and Chennai in February 2011.

During the first quarter of the financial year 2011-12, the Government of India issued the 'Acquisition of State Bank of India Commercial & International Bank Ltd. vide notification dated July 29, 2011. Consequent to the said notification, the undertaking of State Bank of India Commercial & International stands transferred to and vest in State Bank of India with effect from July 29, 2011.

In 2012, State Bank of India signed a Preliminary Non-Binding Memorandum of Understanding with Russian Direct Investment Fund (RDIF), to facilitate advancing bilateral economic cooperation and trade between Russia and India aimed at exploring investment opportunities in both the countries. State Bank of India (SBI) also entered into an agreement with StarAgri Warehousing Ltd (StarAgri), India's leading agri-services & solutions provider, for Warehousing Receipt Financing and Collateral Management Services during the year under review. The bank launched virtual debit cards to check online fraud and promote e-commerce.

In 2013, State Bank of India (SBI) inaugurated its 2nd branch in China in Tianjin, a major port city in northeastern China. The bank introduced smart pre-paid card for students, blue-collar workers.

In 2014, State Bank of In-dia launched new digital Online and self-service banking solutions with support from Accenture. The bank also unveiled 6 digital branches.

In 2015, State Bank of India launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI). The bank also introduced online facility for overdraft against FDs. SBI partners with Amazon. SBI entered into a MoU with PayPal, an American online money transfer services provider firm, for facilitating cross-border transactions. State Bank of India launched SBI eforex. SBI also launched an initiative to provide doorstep services and expedite home loans application process. State Bank of India jointly launched a cyber crime awareness campaign.

On 26 March 2015, State Bank of India (SBI) announced that consequent upon the promulgation of the Insurance Laws (Amendment) Ordinance, 2014 and subsequently passed by both the houses of parliament, the Executive Committee of the Central Board (ECCB) of the bank has decided to initiate the necessary action as per JV agreement for dilution of SBI's stake in SBI General Insurance from 76% to 51% with corresponding increase of stake of IAG from 26% to 49%, including appointment of a valuer to facilitate valuation and price discovery.

On 31 March 2015, State Bank of India (SBI) announced that the Executive Committee of the Central Board (ECCB) of the bank has authorised divestment of SBI's stake in SBI Life Insurance Co. Ltd. by up to 10%.

The Committee of Directors for Capital Raising of the bank at its meeting held on 1 April 2015 considered and accorded approval to allot 10.04 crore equity shares on preferential basis to Government of India (GoI) at an issue price of Rs 295.59 per share aggregating Rs 2969.99 crore.

The Committee of Directors for Capital Raising of the bank at its meeting held on 29 September 2015 considered and accorded approval to allot 19.65 crore equity shares on preferential basis to Government of India (GoI) at an issue price of Rs 274.37 per share aggregating Rs 5392.99 crore.

On 21 December 2015, State Bank of India announced that the Committee of Directors, duly authorized by the Board authorized the bank to raise up to Rs 12000 crore by way of issue of Basel III compliant Tier II bonds, at par, through private placement.

State Bank of India and Reliance Industries Limited (RIL) signed the shareholders agreement on 30 June 2016 for setting up Payments Bank. The Subscription and Shareholders' Agreement was signed by RIL as promoter with a 70% equity contribution and SBI as joint Venture partner with 30% equity contribution. The Payments Bank will leverage SBI's nationwide distribution network and risk management capabilities alongwith the substantial investments made by RIL in its retail and telecom businesses.

On 4 July 2016, State Bank of India announced that it has sold 5% stake in National Stock Exchange of India Limited (NSE) constituting 22.50 lakh equity shares of NSE to Veracity Investments Limited, a Mauritius based FII, at Rs 4,050 per share for a total consideration of Rs 911.25 crore. Post this transaction, SBI holds 5.19% stake in NSE while its subsidiary SBI Capital Markets Limited holds another 4.33% in the NSE.

The Committee of Directors for Capital Raising of the bank at its meeting held on 24 August 2016 authorized the bank to raise up to Rs 11100 crore Additional Tier 1 capital by way of issue of Basel III compliant Perpetual Debt instrument in USD and/or INR, at par, through private placement to overseas and/or Indian investors.

The Executive Committee of the Central Board (ECCB) of State Bank of India (SBI) at its meeting held on 14 October 2016 approved to dilute up to 5% stake of SBI in its subsidiary SBI Life Insurance Company Limited to a non-promoter entity.

On 25 October 2016, SBI announced that it has issued and allotted 25,000 AT1 Basel III compliant Non-convertible, Perpetual, Subordinated, Unsecured Debt instrument in the nature of debenture, of face value Rs 10 lakh each at par through private placement bearing coupon at 8.39% p.a. payable annually with call option after 5 years or any coupon payment date thereafter aggregating to Rs 2500 crore in third tranche.

The Executive Committee of the Central Board (ECCB) of State Bank of India at its meeting held on 9 December 2016 approved divestment of 3.9 crore equity shares constituting 3.9% stake in SBI Life Insurance Company Ltd. at a price of Rs 460 per share, subject to all regulatory approvals.

On 17 January 2017, SBI announced that it has concluded the issue of USD 500 million Fixed Rate Senior Unsecured Notes having a maturity of 5 years at a coupon of 3.25 percent payable semi-annually under Regulation-S. The bonds will be issued through the bank's London Branch and listed on Singapore Stock Exchange.

The Committee of Directors for Capital Raising of State Bank of India considered and approved on 20 January 2017 by circulation the allotment of 21.07 crores equity shares at an issue price of Rs 269.59 per share on preferential basis to Government of India aggregating Rs 5680.99 crore.

The Executive Committee of the Central Board of State Bank of India at its meeting held on 15 March 2017 accorded approval for infusing additional capital of up to Rs 1160.04 crore in credit card joint venture companies viz. SBI Cards & Payment Services Ltd. and GE Capital Business Process Management Services Ltd. through purchase of equity shares from GE Capital so as to increase the bank's stake in both the companies to 74%.

SBI merged five of its associate banks viz. State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala and State Bank of Hyderabad and Bhartiya Mahila Bank with itself with effect from 1 April 2017. In February 2017, the Union Cabinet approved the acquisition by State Bank of India of its subsidiary banks namely State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala and State Bank of Hyderabad.

On 8 June 2017, State Bank of India (SBI) announced closure of qualified institutional placement of equity shares. The bank successfully rose about Rs 15000 crore from issue of 52.21 crores equity shares at a price of Rs 287.25 per share to qualified institutional buyers.

The Central Board of State Bank of India at its meeting held on 27 December 2017 accorded approval to raise Additional Tier 1 capital by way of issuance of Basel III compliant debt instrument in USD and/or INR to the tune of Rs 8000 crore from domestic/international market including rupee denominated Masala Bonds till 31 March 2018.

The Executive Committee of the Central Board of State Bank of India at its meeting held on 8 January 2018 approved long term fund raising in single or multiple tranches up to USD 2 billion under Reg-S/144A, through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2018 and FY 2019.

The Executive Committee of Central Board of State Bank of India at its meeting held on 17 January 2018 approval the proposal for issuance of long term bonds of Rs 20000 crore for financing of infrastructure and affordable housing in domestic and overseas market in FY 2018 and FY 2019.

The Committee of Directors for Capital Raising of State Bank of India at its meeting held on 16 February 2018 accorded its approval for preferential allotment of 29.25 crore equity shares at Rs 300.82 per share (including a premium of Rs 299.82 per share) to Government of India (GoI) aggregating Rs 8800 crore.

Total assets of the Bank have increased by 6.55% from Rs 34,54,752.00 crore at the end of March 2018 to Rs 36,80,914.25 crore as at the end of March 2019. During the period, the loan portfolio increased by 12.97% from Rs 19,34,880.19 crore, to Rs 21,85,876.92 crore and Investments decreased by 8.86% from Rs 10,60,986.71 crore to Rs 9,67,021.95 crore as at the end of March 2019.

The Bank has one of the largest ATM networks in the world with 58,415 ATMs including Automated Deposit and Withdrawal Machines (ADWMs) as on 31 March, 2019. The Bank has 57,467 operating BCs, over 22,000 branches and 58,415 ATMs including 7,658 Automated Deposit & Withdrawal Machines (ADWMs). More than 36% of the financial transactions of your Bank are routed through ATMs/ADWMs.

As on 31 March 2020, the Bank has 61,102 operating BCs, around 22,100 branches and 58,555 ATMs including 13,270 Automated Deposit & Withdrawal Machines (ADWMs). Nearly 28% of the financial transactions of your Bank are routed through ATMs/ADWMs.

Total assets of Bank have increased by 7.35% from Rs 36,80,914.25 crore at the end of March 2019 to Rs 39,51,393.92 crore as at the end of March 2020. During the FY2020 , the loan portfolio increased by 6.38% from Rs 21,85,876.92 crore, to Rs 23,25,289.56 crore and Investments increased by 8.27% from Rs 9,67,021.95 crore to Rs 10,46,954.52 crore as at the end of March 2020.

In March 2020, as per Scheme of Reconstruction notified by the Government of India, SBI infused Rs 6,050 crore in Yes Bank Ltd., having 48.21% stake into the SBI Group and accordingly, Yes Bank Limited became an associate of the SBI Group w.e.f 14 March 2020.

During FY 2021, Bank launched three new products, viz. Agri Infrastructure Fund (AIF), Animal Husbandry Infrastructure Development Fund (AHIDF) and PM Formalisation of Micro Food Processing Enterprises (PM FME). The Bank has closed four foreign offices- Lenasia Marketing Office (South Africa), Selatar Remitance Center (Singapore), Bab-al-Bahrain Limited Service Centre (Bahrain) and its Representative Office at Istanbul (Turkey). The Bank has 22,219 branches over 71,968 Business Correspondents and over 62,617 ATMs including 13,237 Automated Deposit & Withdrawal Machines (ADWMs).

As of Mar'22, Bank has 22,266 branches, over 68,000 Business Correspondents and over 65,000 ATMs including 12,872 Automated Deposit & Withdrawal Machines (ADWMs). During FY 2022, Bank rationalized its overseas operations by a closure of an overseas Subsidiary, SBI Botswana Ltd, and merged the Ilford branch of SBI UK Ltd. with its East Ham branch.

During FY 2023, Bank opened one India Visa Application Centre (Other Offices) at Khulna (Bangladesh) and 5 branches and 3 extension counters through its overseas subsidiary in Nepal.

As of March 2023, Bank had 22,405 branches, over 76,089 Business Correspondents and over 65,627 ATMs including 12608 Automated Deposit & Withdrawal Machines (ADWMs).

As of March 2024, Bank had 22,542 branches, over 76,089 Business Correspondents and over 63,580 ATMs including 11256 Automated Deposit & Withdrawal Machines (ADWMs).

During FY 2024, Bank has opened two offices in Sri Lanka, one at Trincomalee (Branch) and the other at Jaffna (Sub-Office). Overseas Subsidiaries: Three branches opened at Lamahi, Beltar, and Duhabi and Dulegaunda of Nepal SBI Bank Ltd, Nepal and One India Visa Application Centre at Khustia, Bangladesh.

Parent organization Government of India - SBI
NSE symbol SBIN
Founded 1955
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Frequently Asked Questions

What is the Share Price of State Bank of India?

Answer Field

The share price of State Bank of India for NSE is ₹ 788.65 and for BSE is ₹ 788.15.

What is the Market Cap of State Bank of India?

Answer Field

The market cap of State Bank of India for NSE is ₹ 70,38,39.50 Cr. and for BSE is ₹ 70,33,93.20 Cr. as of now.

What is the 52 Week High and Low of State Bank of India?

Answer Field

The 52 Week High and Low of State Bank of India for NSE is ₹ 912.00 and ₹ 680.00 and for BSE is ₹ 912.10 and ₹ 679.65.

How to Buy State Bank of India share?

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You can trade in State Bank of India shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for State Bank of India?

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The 1 year returns on the stock has been -1.68%.

What is the Current Share Price of State Bank of India?

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State Bank of India share price is for NSE ₹ 788.65 & for BSE ₹ 788.15 as on Apr 30 2025 03:30 PM.

What is the Market Cap of State Bank of India Share?

Answer Field

The market cap of State Bank of India for NSE ₹ 70,38,39.50 & for BSE ₹ 70,33,93.20 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of State Bank of India Share?

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As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for State Bank of India share is 9.93.

What is the PB ratio of State Bank of India Share?

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As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for State Bank of India share is 456.99.

How to Buy State Bank of India Share?

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You can trade in State Bank of India shares with Bajaj Broking by opening a demat account.

How to Buy State Bank of India Share on Bajaj Broking App?

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To buy State Bank of India shares on the Bajaj Broking app, follow these steps:

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• Search “State Bank of India”

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Who is the CEO of State Bank Of India?

Answer Field

The CEO of State Bank of India is responsible for overseeing the bank’s operations and guiding its strategic vision. Under their leadership, SBI has continued to grow its presence in both retail and corporate banking, contributing positively to the State Bank of India share price. The CEO’s focus on innovation and expanding digital services plays a key role in shaping the bank’s future growth potential.

When was State Bank Of India established?

Answer Field

State Bank of India was established in 1955, following the nationalisation and reorganisation of the Imperial Bank of India. As India’s largest public sector bank, SBI has played a crucial role in the country’s financial system. Its long-standing presence in the market has been a key factor in the growth of the State Bank of India share price, with the bank continuing to lead in both domestic and international banking.

What factors influence the State Bank Of India share price?

Answer Field

Several factors influence the State Bank of India share price, including the bank’s financial performance, loan growth, and asset quality. Internal factors such as profitability, interest income, and non-performing assets impact the share price, while external factors like government policies, interest rate changes, and economic conditions also play a role. Investors closely monitor these factors to assess potential movements in the State Bank of India share price.

Is SBI debt free?

Answer Field

As a bank, State Bank of India manages both assets and liabilities, including deposits and loans. Therefore, SBI is not debt-free, as its business model involves managing liabilities for its lending operations. However, the bank maintains strong capital adequacy ratios, ensuring financial stability. This effective management of debt and liabilities positively influences the State Bank of India share price, as the bank continues to focus on maintaining a healthy balance sheet.

How has the SBI share price performed over the past year?

Answer Field

The State Bank of India share price has shown positive momentum over the past year, driven by strong financial performance and improvements in asset quality. While there have been periods of market volatility, overall growth in loan disbursements and profitability has supported the upward trend in the share price. Investors remain optimistic about the bank’s future prospects, expecting continued stability and potential growth in the State Bank of India share price.

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