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:
Ping An Bank Company Limited
sales of 184.94 billion Chinese Renmimbi [US$29.19 billion]
of which 29%
was Wholesale Financial business),
Sumitomo Mitsui Financial Group Inc
(5.11 trillion Japanese Yen [US$48.15 billion]
of which 49%
was Banking), and
Mitsubishi UFJ Financial Group Incorporated
based in Japan
(5.67 trillion Japanese Yen [US$53.45 billion]
During the year ended March of 2017, sales at
State Bank of India were 2.99 trillion Indian Rupees (US$45.97 billion).
increase of 8.2%
versus 2016, when the company's sales were 2.76 trillion Indian Rupees.
This was the fifth consecutive year of sales increases at State Bank of India
(and since 2012, sales have increased a total of 68%).
Sales of Insurance Business saw an increase
that was more than double the company's growth rate: sales were up
34.4% in 2017, from
208.70 billion Indian Rupees to 280.48 billion Indian Rupees.
State Bank of India also saw significant increases in sales in
Treasury Operations (up 28.1% to 785.25 billion Indian Rupees)
Other Banking Operations (up 26.8% to 61.75 billion Indian Rupees)
Unallocated Amount (up 34.4% to 24.19 billion Indian Rupees)
Not all segments of State Bank of India experienced an increase in sales in 2017:
sales of Corporate/wholesale Banking fell 3.6% to 836.94 billion Indian Rupees.