introducation of sbi

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.

-----: STATE BANK OF INDIA :-------- 2

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.


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


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


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.


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.


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 %


Communication

SBI

AdvertisementPersonal

CommunicationSales

PromotionPublicity &

Public RelationsInstructional

Material


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


http://www.sbilife.co.in/

http://www.sbigeneral.in/

http://www.sbimf.com/

http://www.utimf.com/

http://www.franklintempletonindia.com/

http://www.tatamutualfund.com/

http://www.fidelity.co.in/

http://www.sbicard.com/

http://www.sbidfhi.com/

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


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

introducation of sbi

Business