State Bank of India Overview
Pro stress-test →State Bank of India is the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. The bank is also the tenth largest employer in India with nearly 250,000 employees and has 500 million customers as of 2024.
Strategic Profile
Pro stress-test →SBI operates over 22,500 branches in India and has expanded internationally with 241 overseas offices spread over 36 countries, the largest presence among Indian banks. The bank reported a 24% year-on-year record standalone net profit of Rs 21,028 crore for the December quarter of FY26, demonstrating strong financial performance and profitability.
Competitive Landscape
Pro stress-test →SBI faces competition from other major public sector banks (HDFC Bank, ICICI Bank, Axis Bank) and private sector lenders. Its competitive advantage stems from its dominant market share, extensive branch network, government backing, and trusted brand. The bank's scale and deposit base provide cost advantages in a competitive retail and corporate lending market.
Industry Context
State Bank of India operates in Banking and Financial Services.
Key facts
Founded: 1806 · Headquarters: Mumbai, India · Employees: 250,000 · Revenue: $42B · Market cap: $132B (₹11.01T)