GROWTH OF STATE BANK OF INDIA

State Bank of India has often acted as guarantor to the Indian Government, most
notably during Chandra Shekhar 's tenure as Prime Minister of India. With 11,448
branches and a further 6500+ associate bank branches, the SBI has extensive
coverage. State Bank of India has electronically networked all of its branches
under Core Banking System (CBS). The bank has one of the largest ATM networks
in the region. More than 8500 ATMs across India. The State Bank of India has had
steady growth over its history, though it was marred by the Harshad Mehta scam in
1992. In recent years, the bank has sought to expand its overseas operations by
buying foreign banks. It is the only Indian bank to feature in the top 100 world
banks in the Fortune Global 500 rating and various other rankings

INTERNATIONAL PRESANCE OF SBI

The bank has 92 branches, agencies or offices in 32 countries. It has branches of
the parent in Colombo, Dhaka, Frankfurt, Hong Kong, Johannesburg, London and
environs, Los Angeles, Male in the Maldives, Muscat, New York ,Osaka, Sydney,
and Tokyo. It has offshore banking units in the Bahamas, Bahrain, and Singapore,
and representative offices in Bhutan and Cape Town. SBI operates several foreign
subsidiaries or affiliates. In 1990 it established an offshore bank, State Bank of
India (Mauritius). It has two subsidiaries in North America, State Bank of India
(California), and State Bank of India (Canada). In 1982, the bank established its
California subsidiary, named State Bank of India (California), which now has eight
branches - seven branches in the state of California and one in Washington DC
which was recently opened on 23rd November, 2009. The seven branches in the
state of California are located in Los Angeles, Artesia, San Jose, Canoga Park,
Fresno, SanDiego and Bakersfield. The Canadian subsidiary too dates to 1982and
has seven branches, four in the greater Toronto area, and three in British Columbia.
In Nigeria, SBI operates as INMB Bank. This bank began in 1981 as the IndoNigerian Merchant Bank and received permission in 2002 to commence retail

banking. It now has five branches in Nigeria. In Nepal SBI owns 50% of Nepal
SBI Bank, which has branches throughout the country. In Moscow SBI owns 60%
of Commercial Bank of India, with Canara Bank owning the rest. In Indonesia it
owns 76% of PT Bank Indo Monex. State Bank of India already has a branch in
Shanghai and plans to open one up in Tianjin.

STATE BANK OF INDIA -FINANCIAL

HIGHLIGHTS-2005-2011
FY200

FY200

FY200

FY200

FY200

FY201

FY201

Deposits

3670.48

3800.46

4355.21

5374.05

7420.73

8041.16

9339.33

Advances

2023.74

2618.01

3373.36

4168.95

5425.03

6319.14

7567.19

Investments

1970.98

1625.34

1491.49

1895.01

2759.54

2957.85

2956.01

Total Assets

4598.83

4940.29

5665.65

7215.26

9644.32

10534.13

12237.36

Interest Income

324.28

359.80

394.91

489.50

637.88

709.94

813.94

Interest Expenses

184.83

203.90

234.37

319.29

429.15

473.22

488.68

139.45

155.89

160.54

170.21

208.73

236.71

325.26

71.20

74.35

57.69

86.95

126.91

149.68

158.25

210.65

230.24

218.23

257.16

335.64

386.40

483.61

Rs. in Billion

Net Interest
Income

Non-Interest
Income

Total Operating
Income

Staff Expense

144.80

69.07

81.23

79.33

77.86

97.47

127.55

31.67

36.02

38.91

48.23

59.01

75.64

85.35

100.74

117.25

118.24

126.09

156.49

203.18

230.15

Operating Profit

109.91

112.99

100.00

131.07

179.15

183.20

253.36

Total Provisions

66.86

68.93

54.59

63.78

87.94

91.55

170.71

Net Profit

43.05

44.07

45.41

67.29

91.21

91.66

82.65

Overhead
Expenses

Total Operating
Expenses

STATE BANK OF INDIA

KEY FINANCIAL

FY2005

FY2006

FY2007

FY 2008

FY 2009

FY 2010

FY2011

ROA

0.99

0.89

0.84

1.01

1.04

0.88

0.71

ROE

18.10

15.47

14.24

17.82

15.07

14.84

12.84

EPS(Rs.)

81.79

83.73

86.29

126.62

143.77

144.37

130.16

BVS(Rs.)

450

525

606

598

953

973

1014

Dividend Payout

15.29

16.72

16.22

20.18

20.19

20.78

23.05

47.83

58.70

54.18

49.03

46.62

52.59

47.60

12.45

11.88

12.34

13.54

12.97

12.00

10.69

14.25

13.39

11.98

INDICATORS (%)

Ratio
Cost/Income
Ratio
Capital
Adequacy Ratio
(Basel I)
(Basel II)
Cost of Deposits

5.11

4.77

4.79

5.59

6.30

5.80

5.26

Yield on

7.68

7.78

8.67

9.90

10.15

9.66

9.56

7.94

7.10

6.88

6.92

7.10

6.52

7.02

3.39

3.40

3.31

3.07

2.93

2.66

3.32

Gross NPA Ratio

5.96

3.61

2.92

3.04

2.86

3.05

3.28

Net NPA Ratio

2.65

1.88

1.56

1.78

1.79

1.72

1.63

Provision

57

49

47

42.17

38.42

44.36

51.25

56.98

59.23

59.23

64.95

Advances
Yield on
Resources
Deployed
Net Interest
Margin

Coverage
(Excl AUCA)
Including AUCA

SUMMARY OF STATE BANK OF INDIAS

BALANCE SHEET
(Rs. in

MARCH

MARCH

MARCH

MARCH

MARCH

MARCH

MARCH

billion)

2005

2006

2007

2008

2009

2010

2011

Capital

5.26

5.26

5.26

6.31

6.35

6.35

6.35

Reserves &

235.46

271.18

307.72

484.01

573.13

653.14

643.51

Deposits

3670.48

3800.46

4355.21

5374.04

7420.73

8041.16

9339.33

Borrowings

191.84

306.41

397.03

517.27

537.14

1030.12

1195.69

Other

495.79

556.98

600.42

833.62

1106.97

803.37

1052.48

4598.83

4940.29

5665.65

7215.26

9644.32

10534.14

12237.36

168.10

216.53

290.76

515.35

555.46

612.91

943.95

225.12

229.07

228.92

159.32

488.58

348.93

284.79

Investments 1970.98

1625.34

1491.49

1895.01

2759.54

2957.85

2956.01

Advances

2023.74

2618.01

3373.36

4167.68

5425.03

6319.14

7567.19

Fixed

26.98

27.53

28.19

33.73

38.38

44.13

47.65

CAPITAL &
LIABILITIES

Surplus

Liabilities &
Provisions
Total
ASSETS
Cash &
balances
with
Reserve
Bank of
India
Balances
with banks
and
money at
call & short
notice

Assets
Other

183.91

223.81

252.92

444.17

377.33

351.13

437.78

Total

4598.83

4940.29

5665.65

7215.26

9644.32

10534.14

12237.35

Contingent

1593.97

2288.51

3065.90

8107.96

7237

5484.46

7304.85

167.77

205.93

233.68

189.47

438.70

479.22

599.05

Assets

Liabilities
Bills for
Collection