Professional Documents
Culture Documents
Owned by the Indian government, it offers a range of general banking services from loans
and advances to corporates and individuals in India and abroad. Because it is state-owned,
SBI is the preferred banker for most public sector corporations. SBI, along with its associate
banks, offers micro-financing to entities such as self-help groups in rural areas that would
otherwise have no access to formal credit channels. Through its subsidiaries and joint
ventures, SBI offers financial services such as investment banking, brokerage services, asset
management and insurance.
SBI presently has 82 foreign offices in 32 countries across the globe. It also has 7
Subsidiaries in India – SBI Capital Markets, SBICAP Securities, SBI DFHI, SBI Factors, SBI
Life and SBI Cards - forming a formidable group in the Indian Banking scenario.
The SBI is a dynamic organization and has been continuously changing its form to adapt to
its environment. They restructure the organisation in order to overcome the intense
competition from private and foreign banks. Some of the key strategies they follow are:
Institution for advanced learning: to provide state of the art training in financial
products to middle level and senior level executives.
Feedback supplier: to capture and structure feedback from trainees and from the
market.
Think tank called SBI ecowrap: to provide expert and inform suggestions, model
business strategies, analysis of market developments from a banker perspective.
Focus on a lean structure.
Tapping into the untapped potential: Set up the banks in places where they are not
very strong specially having a rural banking base.
Provide a safe and transparent insurance alternative to the public, with the already
established brand name they have.
Diversified Portfolio: SBI Bank has all the products under its belt, which help it to
extend the relationship with existing customers
SBI has also entered into several alliances and tie-ups with automobile, insurance,
mutual fund, project finance and medical equipment companies.
Low Transition Costs: SBI offers very low transition costs which attracts small
customers.
Vision
My SBI
My Customer First
My SBI: First in Customer Satisfaction.
Mission
We will be prompt, polite and proactive with our customers.
We will speak the language of young India.
We will create products and services that help our customers achieve their goals.
We will go beyond the call of duty to make our customers feel valued.
We will be of service even in the remotest part of our country.
We will offer excellence in services to those abroad as much as we do to those in
India.
We will imbibe state-of-the-art technology to drive excellence.
Values
We will always be honest, transparent and ethical.
We will respect our customers and fellow associates.
We will be knowledge-driven.
We will learn and we will share our learning.
We will never take the easy way out.
We will do everything we can to contribute to the community we work in.
We will nurture pride in India
Policies
Policy for Determination of Materiality and Disclosure of Events/Information.
Policy for Determining Material Subsidiaries and Corporate Governance
Requirements with respect to Subsidiaries
Policy on Materiality of Related Party Transactions and on dealing with Related Party
Transactions.
Archival Policy
Dividend Distribution Policy
Policy SBI Compensation -2018
Long term and short term objectives
The State Bank of India has been established to operate on the normal commercial
principles, with the only difference that, unlike other commercial banks in the country, it
takes into consideration and responds in a progressively liberal manner the financial
requirements of cooperative institutions and small scale industries, particularly in the
rural areas of the country.
The main short term objectives of the State Bank are:
To encourage and mobilise savings by continuing to open branches in rural and semi-
urban areas and to promote rural credit;
To establish government partnership in the provision of cooperative credit;
To provide financial help to the small scale and cottage industries;
To provide remittance facilities to the banking institutions.
Mergers with Associate Banks: After the recent mergers with 5 associate banks, SBI
must work on improving their operations and efficiency in order to gain maximum
profit out of it.
Year Event
1806 Presidency Bank of Bengal – goes on to become Imperial Bank of India
1840 Presidency Bank of Bombay established
Mar '18 Mar '17 Mar '16 Mar '15 Mar '14
2.Liquidity Ratios
Talks about the how quickly can the assets be turned liquid
Mar '18 Mar '17 Mar '16 Mar '15 Mar '14
3. Basic EPS
The basic EPS has gone down from 13.43 to -7.67 resulted from a huge increase in the
NPA’s in 2018 as compared to 2017. The Mergers should help SBI to get back up.
Strategic Positioning