We are thrilled to announce that SBI (State Bank of India) has achieved a remarkable milestone of 4 Trillion SME (Small and Medium Enterprises) Advances on March 31, 2024. This achievement is a testament to the commitment to supporting and empowering entrepreneurs in their business endeavors.
State Bank of India (SBI) is the largest public sector bank headquartered in Mumbai, Maharashtra. Recently, SBI had reached a remarkable milestone by surpassing 50 crore customers.
SBI Mcap
SBI is the fifth largest company in India with market capitalization of Rs.682152.71 crore.
| Company | Mcap (Rs. crore) |
|---|---|
| RELIANCE INDUSTRIES LTD. | 1975547.68 |
| TATA CONSULTANCY SERVICES LTD. | 1439836.02 |
| HDFC Bank Ltd | 1177065.34 |
| ICICI BANK LTD. | 760084.40 |
| STATE BANK OF INDIA | 682152.71 |
SBI performance as on 31.12.2023
| Parameter | Rs. crore |
|---|---|
| Deposits | 47,62,221 |
| Advances | 35,84,252 |
| Net Profit | 40,378 |
| Gross NPA | 86,749 |
| CASA % | 41.18 |
| Gross NPA % | 2.42 |
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