State Bank of India operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares State Bank of India with three other
banks in Asia:
Japan Post Bank Co Ltd
sales of 2.04 trillion Japanese Yen [US$18.42 billion]
of which 87%
was Securities investment business),
Mitsubishi UFJ Financial Group Incorporated
(5.65 trillion Japanese Yen [US$50.91 billion]
of which 7%
was Legal person business), and
Sumitomo Mitsui Financial Group Inc
based in Japan
(5.74 trillion Japanese Yen [US$51.73 billion]
of which 8%
was Wholesale Business).
During the year ended March of 2018, sales at
State Bank of India were 3.03 trillion Indian Rupees (US$43.94 billion).
a very small
increase of 1.3%
versus 2017, when the company's sales were 2.99 trillion Indian Rupees.
This was the fifth consecutive year of sales increases at State Bank of India
(and since 2013, sales have increased a total of 51%).
Sales of Other Banking Operations saw an increase
that was more than double the company's growth rate: sales were up
39.9% in 2018, from
61.75 billion Indian Rupees to 86.38 billion Indian Rupees.
State Bank of India also saw significant increases in sales in
Retail Banking Operations (up 5.2% to 1.12 trillion Indian Rupees)
Treasury Operations (Before Exceptional (up 4.6% to 821.64 billion Indian Rupees)
Insurance Business (up 21.5% to 340.88 billion Indian Rupees)
Unallocated Amount (up 6.3% to 25.71 billion Indian Rupees)
Not all segments of State Bank of India experienced an increase in sales in 2018:
sales of Corporate/wholesale Banking Operations fell 23.1% to 643.65 billion Indian Rupees.