State Bank of India – Company Overview
State Bank of India (SBI) is India’s largest public sector bank and one of the trusted financial institutions in the country. Founded in 1806, its history spans over two centuries, SBI has been at the centre of India’s banking and financial ecosystem. The bank provides a wide range of banking and financial services to individuals, businesses, corporates and governments across India and internationally.
SBI is the flagship bank of the State Bank Group and owned by the Government of India. It has a vast domestic (to almost all corners of the country) and global presence with thousands of branches, ATMs and digital touchpoints.
State Bank of India offers a vast array of services including retail banking, corporate banking, treasury operations, international banking, insurance, mutual funds and digital financial solutions. Its balance sheet is robust, has extensive customer base and it continues to evolve with time through digital transformation.
Given India’s expanding economy, financial inclusion is rising and credit demand is expected to steadily grow. Given all the trust, the huge customer base and the India’s developmental optimism, SBI share price is closely tracked by investors.
State Bank of India – Company Details
- Founded – 1806 (as Bank of Calcutta)
- Headquarters – Mumbai, Maharashtra, India
- NSE Symbol – SBIN
- ISIN – INE062A01020
- BSE Code – 500112
- Sector – Banking & Financial Services
- Industry – Public Sector Banking
Core Business Segments
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Retail Banking – SBI provides a wide range of retail banking products such as savings accounts, current accounts, fixed deposits, home loans, personal loans, auto loans and education loans. This segment has a huge customer base and it contributes significantly to SBI’s balance sheet.
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Corporate and Wholesale Banking – SBI caters to large corporates, public sector undertakings, SMEs and infrastructure projects by offering working capital finance, term loans, project finance and trade finance solutions.
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Treasury Operations – The treasury segment manages investments in government securities, bonds, money market instruments and foreign exchange operations.
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International Banking – SBI overseas presence spans across multiple countries. It has presence in NRI banking, foreign currency lending, trade finance and international remittances.
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Digital Banking and Payments – Through platforms like YONO, SBI has strengthened its digital presence. It now offers seamless banking, payments, investments and lifestyle services to lakhs of its users.
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Subsidiaries and Associates – SBI has several successful subsidiaries including SBI Life Insurance, SBI General Insurance, SBI Mutual Fund, SBI Cards and SBI Capital Markets, which add diversified income streams to the group.
Highlights and Corporate Actions
Corporate Developments
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Credit Growth Momentum – SBI has been witnessing steady growth in retail, corporate and SME loan segments. This growth is supported by improving asset quality and good capital adequacy.
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Asset Quality Improvement – Continuous focus on recovery and resolution of stressed assets has led to a decline in NPAs, thereby improving profitability.
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Digital Expansion – SBI continues to enhance its digital platforms to improve customer experience and operational efficiency.
Major Launches and Strategic Initiatives
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YONO Platform Expansion – SBI is consistently adding new banking, investment and lifestyle features to its YONO app to drive digital adoption.
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Focus on Retail and SME Lending – The bank is expanding its presence in high-growth segments such as home loans, MSME credit and personal finance.
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Green and Sustainable Financing – SBI is increasing its focus on green bonds, renewable energy financing and ESG-aligned lending.
Market Reaction and Stock Highlights
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State Bank of India shares attract strong investor interest due to the bank’s dominant market position, improving profitability and diversified business model.
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The stock often reacts positively to strong quarterly earnings, reduction in NPAs, growth in the loan book and deposit base and performance of SBI’s listed subsidiaries
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As India’s banking penetration deepens and credit demand rises, SBI is often viewed as a long-term play on India’s economic and financial growth.
Other Corporate Actions
- Subsidiary Value – SBI benefits from value creation in its listed and unlisted subsidiaries across insurance, asset management and cards businesses.
- Capital Raising Initiatives – The bank periodically raises capital through bonds and equity instruments to support growth.
- Governance and ESG Focus – SBI follows strong governance practices and actively supports financial inclusion, sustainable banking and social development initiatives.
Source – SBI annual reports, stock exchange disclosures and investor presentations
SBI Financial Highlights
- Revenue: SBI reported revenue of ₹7,09,616.96 crore in FY26 vs ₹6,63,343.32 crore in FY25. It showed an increase of 6.98% on a yearly basis.
- Operating Profit: SBI reported an operating profit of ₹1,14,027.98 crore in FY26 vs ₹1,06,365.30 crore in FY25. It showed an increase of 7.20% on a year-on-year basis.
- Net Profit: SBI reported a net profit of ₹85,168.47 crore in FY26 vs ₹79,017.16 crore in FY25. It showed an increase of 7.78% on a yearly basis.
SBI Quarterly Result Highlights
- SBI reported revenue of ₹1,81,079.02 crore in Mar 2026, compared with ₹1,85,648.33 crore in Dec 2025, representing a decrease of 2.46% on a quarter-on-quarter (QoQ) basis.
- SBI reported an operating profit of ₹26,075.51 crore in Mar 2026, compared with ₹30,066.71 crore in Dec 2025, representing a decrease of 13.27% on a quarter-on-quarter (QoQ) basis.
- SBI reported a profit of ₹20,161.30 crore in Mar 2026, compared with ₹21,876.04 crore in Dec 2025, reflecting a decrease of 7.84% on a QoQ basis.
- The earnings per share (EPS) of SBI stood at ₹91.16 during Mar 2026.
