Quarterly

Results
Q1FY 2010-11

0
Highlights – SBI Stand-alone Balance Sheet

June-09 Mar-10 June-10 June-09 Mar-09 June-10

Advances
22.79% 16.94% 20.74% CASA ratio 38.45% 46.67% 47.51%
growth (YOY)

Advances CA growth
16.43% 16.28% 16.55% 18.56% 18.98% 12.53%
market share (YoY)

Deposits SB growth
35.99% 8.36% 6.78% 23.99% 29.75% 33.85%
growth (YOY) (YoY)

Demand
Growth in
deposits 15.35% 17.51% 16.24% 22.70% 26.76% 28.93%
CASA (YOY)
market share

Deposits CASA Ratio is up

17.43% 16.31% 16.14%
market share by 906 bps

1
Highlights – Q1FY11 vs Q1FY10

Rs crores, SBI Standalone, except for group net profit

Q1 FY 10 Q1 FY 11 % growth Q1 FY 10 Mar10 Q1FY 11

Net profit (group) 2759 3365 21.99 Net interest

2.30% 2.66% 3.18%
margin
Net profit (standalone) 2330 2914 25.05
Cost to income
57.25% 52.59% 44.20%
ratio
Net interest income 5025 7304 45.35
Other income to
Other income 3569 3690 3.40 operating income 41.53%38.74% 33.56%
ratio
Fee income 1862 2410 29.41
ROA 0.92% 0.88% 1.07%

Operating income 8594 10994 27.93

ROE 15.88% 14.04%17.09%
Operating cost 4920 4859 -1.23
COD 6.16% 5.80% 5.27%
Operating profit 3674 6134 66.97
YOA 10.01% 9.66% 9.30%
Loan loss provision 1344 1733 28.96

NIM up by 88 bps & C/I down by 1305 bps YOY 2

Advances growth has picked up and market share has
increased by 12 bps

Advances Market share (domestic)

Rs crore Percent

20.74% p.a. 12 bps

YOY YOY

June 09 Mar 10 June 10 June 09 Mar 10 June 10

As on last reporting Friday of the quarter

Growth driven by large corporate and retail sector.

Non fund based business (BG & LC) has grown by 27% YOY.

Market share of retail loans has increased to 23.74% in June 10 from 19.95% in June 09.
3
Loan book is well diversified

Within corporate segment, advances

Across segments
are spread across many industries1

1 As on last reporting Friday

4
Composition of advances growth (1/7)

Rs crores

June 10 over June 09

Large- • 24% growth in Fee Income (YOY).

corporate • 48% growth in Fee Income from Project
34.72% Finance.
YOY
• Over 84% of the exposure to borrowers has
been rated.
• Advances growth during Q1FY11 is
Rs.7,220 crores as against Rs.2,098 crores
in Q1FY10.
• 54 loans aggregating Rs.14,798 crores
(FB+NFB) sanctioned (new +
June 09 Mar10 June10 enhancements) during Q1FY11.
• Sanctions under Infrastructure finances
increased to Rs.6,235 crores in Q1FY11 as
against Rs. 5,979 crores in Q1FY10.

5
Composition of advances growth (2/7)

Rs crores
June 10 over June 09

• Upturn seen in Textiles, Iron & Steel, Auto,

Mid- 14.30%
YOY Infrastructure, Gems & Jewellery.
Corporate
• Fee Income grew by 34% YOY.
• Decline in advances during Q1FY11
restricted to Rs.1,594 crores as against a
negative growth of Rs.6,912 crores in
Q1FY10.
• 112 new loans aggregating Rs. 7,791
crores (FB+NFB) sanctioned during the
quarter.
• Robust growth in Precious Metals Business
driven by 176% growth in sale of Gold and
June 09 Mar 10 June 10 62% growth in Metal Gold Loans.

6
Composition of advances growth (3/7)

Rs crores
June 10 over June 09
• USD 1 bn mobilised successfully overseas in
Inter- 22.07% July 10, with oversubscription of 4.5 times
national YOY vide Standalone rule 144A regulations bond
issue. Tapped US market for the first time.
• 8 new branches opened during the quarter,
taking the total to 150 foreign offices in 32
countries
• Number of ATMs outside India is 89
• 38% growth in Net profit of Foreign Offices
• Growth in remittance business is 61.69%
from Rs.8,343 crores in Q1FY10 to Rs.
13,490 crores in Q1FY11.
June 09 Mar 10 June 10 • Market share in remittance business is
29.68% (March 10).
• Fee income has grown by 21.34% from
Rs.177 crores in Q1FY10 to Rs.215 crore in
Q1FY11
7
Composition of advances growth (4/7)

Rs crores
June 10 over June 09

SME 14.72%
• New tie-ups with Volvo
YOY Equipments Ltd. and Escorts
Equipments Ltd. for equipment
finance and Hindustan Motors for
vehicle finance.
• New range of power products
launched
• Relationship concept introduced
for Medium Enterprises
• 21,463 applications amounting to
Rs.289 crores received under SME
June 09 Mar 10 June 10 – OTS scheme valid till 31/07/10.

8
Composition of advances growth (5/7)

Rs crores

June10 over June 09

Agri • Disbursement of Rs.7,892 crs in Q1FY11

loans as against Rs.5,630 crs in Q1FY10.

15.98% • 2.89 lac new farmers financed during Q1

YOY FY11.
• Produce Marketing Loans (PML) for
direct lending to farmers at 8.5% (fixed).
• Financing Floriculture (Pushpa Ulhas)
piloted in Bangalore, Hyderabad and
Mumbai.
• Organic farming piloted for 5 circles.
• Initiatives taken under Bonding with
June 09 Mar 10 June 10
Farmers:
• Farmers’ Meet, Farmers’ Club, SBI Ka
Apna Gaon etc.

9
Composition of advances growth (6/7)

Rs crores June 10 over June 09

Home • CNBC Award 2010 for Most Preferred

loans 29.83% Home Loan Provider for the fifth time.
YOY
• 66988 loans amounting to Rs.6,915
crores sanctioned in Q1FY11 (Rs. 6,042
crores in Q1FY10).
• Highest absolute growth in Q1 amongst
peer level banks / NBFCs (YTD growth
Rs. 3,476 crores in Q1FY11 as against
June 09 Mar 10 June 10 Rs. 3,450 crores in Q1FY10).
Average ticket
size (Rs lacs)
8.84 10.01 10.32 • 95% of the borrowers are 1st time buyers.
Market share
19.82% 23.8% 24.46%* • Disbursed Rs. 4,660 crs in Q1FY11 as
(ASCB)
against Rs.4,350 crores in Q1FY10.
Distribution
• Metro 37% 38% 38% • Prudent Loan To Value (LTV) ratio of
• Urban 36% 34% 34% 61%.
• Semi urban 20% 20% 20%
SBI continues to be
• Rural 7% 7% 7% no. 1 in retail lending
in India
* As on March 2010
10
Composition of advances growth (7/7)

Rs crores
June 10 over June 09
June10 over June 09
30.75%
Edu YOY • Average TAT for sanction of loans is 4 days.
loans • 13,118 loans sanctioned during Q1FY11.
• Scholar loan institutes increased from 61 to
100 during the current academic year. 20
Mar 10 June10
Average June 09 NITs included.
ticket size 3.26 3.76 3.76
(Rs lacs)
• Rs. 5.12 crores sanctioned under SBI
Market scholar scheme in Q1FY11.
share (%) 24.80% 25% 25%

Auto 48.06%
YOY
loans • Average TAT for sanction of loans is 2 days.
• An average number of 22,000 loans are
sanctioned every month.
• 7,049 loans amounting to Rs.429 crores
June 09 Mar10 June 10
Average disbursed under SBI Advantage car loan
ticket size 2.82 3.00 3.21 scheme.
(Rs lacs) • Total disbursement in Q1FY11 is Rs.1,303
Market 15.12% 16.8% 16.82% crs.
share (%)

11
Interest Income has risen as loan book growth offset
decline in PLR

Yield on advances Interest Income during

Percent Rs crore FY 2010 FY2011 Q1FY11
vs.
Q1 Q2 Q3 Q4 Q1 Q1FY10
Interest 12,357 12,669 12,639 12,967 13,422 8.62%
income on
advances

Interest 4,988 4,917 4,674 4,670 4610 -7.57%

income on
resource
operations

Sundry 128 190 466 328 420 228.03%

interest
income
Mar 09 Jun 09 Sep 09 Dec 09 Mar 10 June10
Total 17,473 17,776 17,779 17,966 18,452 5.61%
interest
PLR 12.25% 11.75% 11.75% 11.75% 11.75% 11.75%
income

PLR reduced by 50 bps on 29.06.2009

During Q1 FY10, PLR lower by 50 bps impacting interest

More than 85% of the incremental lending
income by Rs.426 crores.
during the quarter has been below PLR.

Interest on resource operations lower due to hike in CRR

Base Rate at 7.50% implemented wef 1st July
by 100 bps over June 09 and reduction in surplus liquidity.
2010.

12
Domestic deposit growth is lower at 5.05% due to shedding
of high cost bulk deposits; CASA up by a robust 29 %

Deposits Domestic Deposits

Rs. Crores CASA
Rs. ratio
Crores
Percent CASA
Foreign deposits 5.05%
6.78% Retail TD
Domestic deposits YOY YOY
815297 732428 764717 769412 Bulk TD
47.37%
804116 YOY
29%
39399 45885
763563 YOY

10%
764717 769412 YOY
5.05%
732428
YOY -51%
YOY

SB Deposits have grown by 33.85% YOY in Q1FY11 as against 23.99% during Q1FY10.
Absolute growth is Rs. 71806 crs YOY and Rs. 27696 crs in Q1FY10.

41.98 lacs SB accounts have been opened in Q1FY11 taking the total number to 11.34 crs.

CA Deposits have grown by 12.53% YOY in Q1FY11; absolute growth is Rs. 7982crs YOY.

1.62 lacs CA opened in Q1FY11 taking the total number to 21.59 lacs.

13
CASA and CD ratios continue to improve

CASA ratio
Percent
CASA Ratio
RUSU CASA Ratio

CD ratio
Percent
ASCB CD ratio

72.32% 69.80% 72.22% 73.28%

Incremental CD ratio during Q1FY11 was as high as 233%.

Note: Domestic deposits exclude Interbank deposits 14

Cost of deposits has fallen

Cost of deposits Interest expense

Percent Rs crore FY 2010 FY2011 Q1FY11
vs.
Q1 Q2 Q3 Q4 Q1 Q1FY10
11,436 11,156 10,445 10,297 10,080 -11.85%
Interest paid
on deposits

Interest 330 310 299 288 357 8.16%

expense on
borrowings

Sundry 682 701 719 659 711 4.26%

interest
expense

Total 12,448 12,167 11,463 11,244 11,148 -10.44%

interest
expense

Q1FY11 interest paid on deposits lower than Q4FY10 despite

• Sequential decline in Cost of deposits
switch in calculation method of SB interest to daily product
due to shedding of bulk deposits and
basis which has added around Rs. 300 crores to the interest
increase in CASA.
outgo during Q1FY11.

15
NII and NIM continue to improve

NIINIM
Cumulative NIM Percent
2.82 2.96 3.18
2.30 2.55

Q1 FY10 Q2 FY10 Q3 FY10 Q4 FY10 Q1 FY11

2.30% 2.43% 2.56% 2.66% 3.18%

NII
YOY Growth of NII 7,304
6,316 6,721
5,609
Rs crore 5,025

Q1FY 10 Q2FY 10 Q3FY 10 Q4FY 10 Q1 FY11

4.30% 2.82% 9.69% 38.81% 45.35%

NIM up sequentially despite change in SB interest calculation method.

NII is highest in Q1FY11 since last 12 quarters.
16
Surplus liquidity has declined and so has negative
carry
One year TD rate
Negative Carry %

Quarter wise average surplus liquidity (Rs Crore)

8.10 7.0 6.50 6.00 6.00 6.00

Quarter wise Negative Carry (Rs Crore)

-3.28% -3.34% -3.20% -2.80% -2.48% -1.83%

17
Fee income up by 29.41% YOY, one of the highest
among peers
xx y-o-y growth
Rs crores

Q1 FY11 vs. Q1 FY10

3.40% 29.41% Excluding Profit on Sale of

Investments, growth in other
income at 23%.
3690
3569
Jun 09

Jun 10
2410

1862 -75.54%
6.83%
5.33% 34.32%

709
470 503 358 377
173 169 227

Total Other Fee Income Profit on Sale of Forex Income Dividend Misc. Other
Income Investments Income

Fee Income continues to record robust growth driven by growth in Loan Processing, NFB business,
Income from Tech products, Cross selling and Govt. business.

Growth in Misc. Other income driven by 42% growth in recovery from written off accounts.
18
Lower Operating costs backed by overheads control

x YOY Growth Q1FY10

6036 x Operating Expense YOY
growth Q1FY11
4920
50.95% 4859 -1.23%
2444
1508 Overheads
1785
33.70% 3259
18.36%
Salary
1128
45.65% 2964 2827 1451
-51.06% Contribution
for Employees
2035
366.69% 1623
765 263.07%
96 447

Q1FY09 Q1 FY10 Q4 FY10 Q1 FY11

Salary for Q1FY10 includes Rs.627 crores of wage revision arrears pertaining to prior period, salary for
Q1FY11 includes Rs.845 crores write-back of excess wage revision provision.

A provision of Rs.1,100 crs made during Q1FY11 on account of gratuity as against estimated acturial
requirement of Rs.2,200 crs for the whole year.
19
Operating income growth remains robust at
28% YOY
NII Fee Income Other Non-interest income

Q1FY11 vs. Q1FY10

Operating income
Rs crores
11230 10994
9134 9682
8594

Q1FY10 Q2FY10 Q3FY10 Q4FY10 Q1FY11

Non interest
income/operating 42% 39% 35% 40% 34%
income

Cost / Income ratio 57.25% 47.07% 52.30% 53.75% 44.20%

20
Alternate channel usage has increased rapidly

June 09 March 10 June 10

• No of ATMs for group 13877 21485 21751

ATMs • No of ATMs for SBI 10978 16369 16584

• Hits per day 336 286 271

• Number 428 554 590

Debit Card (lacs) • Market share (for SBI) (%) 29.24 30.47 30.54*

• Market share (for group) (%) 37.97 39.05 39.39*

• No of accounts 31.94 43.57 47.29

Internet Banking (lacs)
• No of transactions 118.57 234.54** 260.39

POS Transaction (lacs) • No of transactions 39.74 63.32** 72.13

• Registered mobile users 16,060 2,18,434 3,17,377
Mobile banking
• No of transaction(Financial) 29,002 4,29,242** 6,76,442

Contact centre • No of registered customers 1,66,550 4,93,463 5,86,899

% of total transactions
19.67 21.45 23.43
on alternate channels
% net of non – eligible
23.98 31.19 35.00
transactions
*Estimates based on May 2010 figures of RBI website
21
**During Q4FY10
Asset Quality remains steady

Rs crores Gross NPA Net NPA

Asset quality

2.79% 1.55% 2.99% 1.73% 3.11% 1.88% 3.05% 1.72% 3.14% 1.70%

June 09 Sep 09 Dec 09 Mar 10 June 10

-396* 2058 1485 674 1290
Growth in NPAs during the quarter

Out of the Total Standard Assets of Rs. 16,796 crores restructured under RBI dispensation, Rs. 1,774 crores
have slipped into NPA category up to June 2010 (additional Rs.158 crores in Q1FY11) – Slippage ratio is
10.56%.

*Decrease of Rs.1,651 crores due to upgradation of Ratnagiri Gas & Power (Dabhol) 22
Movement of NPAs during Q1FY11 (1/2)

Q4FY10 Q1FY11

Net increase in NPAs by

Opening stock of NPAs 15,714 19,535
Rs.1290 crores in Q1FY11

Corporate 102
Fresh slippage 11,843 4,081

International -43
Up gradation + recovery 6,031 2,164
SME 183

Write off 1,991 627

Agriculture 683

Closing NPAs 19,535 20,825 Retail 365

Provision Coverage Ratio (PCR) including AUCA to 60.70% as on

June 10 as against 59.23% as on March 2010

23
Movement of NPAs during Q1FY11 (2/2)

Net increase in NPAs Rs.1,290 crs

in Q1FY11 to reach a total of
Rs.20,825 crs as on June 10
Particulars Corporates IBG SME AGRI Retail
Corporate 6,958
Cash Recovery 286 49 242 145 192
International 1,656
Upgradation 161 16 467 171 435
Write off 0 0 223 284 120 SME 4,694

Gross Reduction 447 65 932 600 747 Agriculture 3,004

Fresh Slippages 549 22 1,115 1,283 1,112 Retail 4,513

Net increase 102 -43 183 683 365
Total 20,825

24
Details of Standard Assets Restructured

Rs. In crores

Under RBI Scheme

FY 08-09 10777
Q1FY10 6019
FY 09-10 6019
Total 16796
Slippage during
Q1FY11 158
Slippage upto June 10 1774
% of slippages 10.56
25
Details of asset-wise provisioning

Rs crores
30-06-2009 31-03-2010 30-06-2010

Asset Category NPAs Provision % NPAs Provision % NPAs Provision %

Substandard 6,989 1,080 15.45 8,066 1,251 15.51 8,542 1,358 15.90

Doubtful 6,539 4,046 61.87 8,672 4,617 53.24 9,649 5,759 59.68

Loss 1,790 1,790 100.00 2,797 2,797 100.00 2,634 26,34 100.00

Whole Bank 15,318 6,916 45.15 19,535 8,665 44.36 20,825 9,751 46.82

Advances
6,888 6,888 100.00 7,127 7,127 100.00 7,354 7,354 100.00
under
Collection

Whole Bank
incl. AUCA 22,206 13,804 62.16 26,662 15,792 59.23 28,179 17,105 60.70

PCR 62.16 59.23 60.70

26
The Bank continues to be remain well capitalized

Percent
Capital adequacy ratio – Basel I
Tier 1 Tier 2
13.1% 12.5% 12.3% 12.2%
12.0%
3.4%

8.8%

Jun 09 Sep 09 Dec 09 Mar 10 Jun 10

12.0%
Capital adequacy ratio – Basel II
Tier 1 Tier 2
14.1% 14.1% 13.8% 13.4% 13.5%
3.7%

9.8%

Jun 09 Sep 09 Dec 09 Mar 10 Jun 10

27
New Business Initiatives (1/2)

• Mobile Banking Services offer multiple features, viz. fund transfer to accounts
within the Bank and outside, account enquiry, mobile top up, bill payment,
payment for goods purchased online, cheque book request, DEMAT account
enquiry and payment of SBI Life premium.
• Payment Services Group formed to bring all payment related activities under
one umbrella, viz. remittances, clearing, eZ-Pay Card, Gift Cards, SBI Vishwa
Yatra Cards, Debit Cards RTGS/NEFT etc. for increasing fee income of the
Bank.
• Under Merchant Acquiring Business, the Bank now has tie-ups with four
Groups- Future Group, Military canteen, Regional Pass Port Seva Kendra, and
Bangalore Metro Project. Bank plans to deploy 1.50 lac POS terminals during
FY2011.
• Financial Planning and Advisory Services launched in FY10, now made
available in 924 branches through Relationship Managers / Customer Relations
Executives. AUM of Rs.104 crs as at the end of June 2010 projected to
increase to Rs.900 crs by the end of the current FY.

28
New Business Initiatives (2/2)

• SBI now has 3,060 branches which are demat enabled. As on 30th June 10,
we have 2.41 lac Demat accounts.

• Commercial operations started in our newly opened subsidiaries, SBI – SG

Global Securities Services Pvt. Ltd. (Custodial services with AUC : Rs.28,901
crs) and SBI General Insurance Ltd.

• Fund raising under SBI Macquarie Infrastructure Fund for the domestic leg is
nearing completion. Commitments aggregating approximately Rs. 1,400
crores received so far.

• The JVA for India – Oman Fund has been signed on 14/7/2010. All approvals
in place for this General Purpose Fund for USD 100 mn.

29
Social Transformation through Financial Inclusion (1/2)

Sl. No Particulars June 09 Mar 10 June 10

1 Coverage of unbanked villages 58,000 1,04,000 1,07,000

2 SBI Tiny Cards 26.34 lacs 38.84 lacs 43.15 lacs

3 Rural & Semi Urban branches :

(a) No of branches 7,834 8,390 8,442

(b) Average business per 41.83 crs 45.17 crs 46.20 crs
branch
4 No Frills Accounts (millions) 5.29 6.84 7.16

• Around 19 million households have been covered so far under SLBC project of 100%
financial inclusion in identified villages.
• Plan of opening 18 lac new SBI Tiny card accounts through BC/CSPs during the year.

30
Social Transformation through Financial Inclusion (2/2)

• For financial inclusion in metro/urban areas, SBI has set up a specialised

microfinance branch in Dharavi slum area of Mumbai.
• Account with just Re.1 for urban poor - launched the facility in Hyderabad with
installation of 20 Kiosks (CSPs) in association with Geosansar (Bank’s BC).
• 17.59 lac SHGs have been credit-linked with cumulative credit of Rs.11,990 crs
• Cell Phone based Channel for Financial Inclusion launched in Delhi and
Patna Circles
• Internet based Kiosk Channel launched in 9 Circles, and 410 kiosks Outlets
have been set up till June 2010.
• Signed an MoU with UIDAI project as a Registrar, the first bank to have signed
such an MoU.
• Reliance Dairy Food Limited has been appointed as our National BF taking the
total of such BFs to 3. Overall, we have engaged 7,667 BFs as on 30.06.10

31
Socio-Economic and Environmental Initiatives

Clean/  Adopted a Green Banking Policy and several measures undertaken

Green like switching over to energy efficient lighting system, installation of
environment energy savers, efficient water management systems, waste disposal
,tree plantation and more. Paperless Banking launched in 51
branches on July 1, 2010.
 Fund cum Authorisation Model for Social Sector Flagship Schemes
Youth
like National Literacy Mission of HRD Ministry is at the
implementation stage and SBI has signed an MoU with HRD
Ministry to partner them in 20 States
 Continuing with R & D initiatives, the Bank has set up a ‘SBI Chair
for Public Leadership’ in the Indian School of Business, Hyderabad
in addition to the existing ‘India Observatory and I.G.Patel Chair’ at
the Asia Research Centre of London School of Economics, in
participation with RBI.
 SBI is participating in a joint field pilot with UIDAI for Financial
Others Inclusion for deployment of micro ATMs conforming to UID
standards.
32
Performance Highlights of Associate Banks (1/2)

Rs in Crores
OPERATING PROFIT NET PROFIT
Bank Upto Upto
YOY YOY
Growth (%) Growth (%)
Q1FY11 Q1 FY10 Q1FY11 Q1 FY10
SBBJ 290.54 215.34 34.92 103.14 147.30 -29.98
SBH 485.26 315.37 53.87 201.24 110.24 82.55
SBIr 180.78 138.52 30.51 18.09 77.35 -76.61
SBM 269.96 173.96 55.19 111.39 82.19 35.53
SBP 383.75 193.25 98.58 99.30 90.02 10.31
SBT 270.52 239.78 12.82 149.80 179.59 -16.59
Total 1880.81 1276.22 47.37 682.96 686.69 -0.54

Net Interest Income registered a healthy increase of 52.22% YOY to reach a level of
Rs.2565.57 crores in June 2010.

Net Interest Margin improved by 39 bps over March 2010 (2.81%) and by 81 bps over June 2009
(2.39%) to reach 3.20% in June 2010.

Net Profit declined marginally by Rs.3.73 crores (from Rs.686.69 crores in June-09 to
Rs.682.96 crores as on June-10) mainly on account of higher provisioning for NPAs.

33
Performance Highlights of Associate Banks (2/2)

Rs in Crores
DEPOSITS ADVANCES
Bank As at Upto
YOY YOY
Q1FY11 Q1 FY10 Growth (%) Q1FY11 Q1 FY10 Growth (%)

SBBJ 48,173 38,928 23.75 35,720 29,348 21.71

SBH 78,707 63,186 24.57 54,484 42,780 27.36
SBIr 28,798 28,146 2.31 23,215 21,176 9.63
SBM 39,489 33,551 17.70 30,602 26,179 16.89
SBP 64,431 61,257 5.18 47,098 41,902 12.40
SBT 51,777 43,289 19.61 38,946 32,889 18.41
Total 3,11,375 2,68,357 16.03 2,30,064 1,94,274 18.42

YOY growth of CASA deposits is 26.19%. The ratio of CASA deposits to aggregate deposits
improved to 31.29% in Jun-10 from 28.77% a year ago.

Gross NPAs increased by Rs.900 crores during Q1FY11 to reach Rs.4898 crores.

All ABs have formed Core Management Teams headed by senior officers for reviewing account-
wise position at fortnightly intervals. SMAs are being closely monitored by Management Teams
to prevent further slippages. Some of the large accounts which have turned NPAs recently have
been referred to CDR for restructuring.

34
Highlights of Some Non – Banking Subsidiaries (1/2)

SBI Life
• SBI Life recorded a profit of Rs.114 Crores as against a profit of Rs.39 Crores as on
June 09. YOY growth of 192%.
• AUM of the company as on 30.06.2010 stood at Rs.30082 Crores .YOY growth of
64%
• The company is ranked 2nd amongst the private Insurance companies under New
Business Premium, as on June 2010.
SBI Capital Markets Ltd
• The company has posted PAT of Rs. 157.15 Crores in Q1FY11 registering a YOY
growth of 93% after excluding provision of Rs.63.99 Crores towards syndication fee
sharing payable to SBI.
• Fee Based income increased by 91% YOY.
• Ranked 1st in Rights Issues by Prime Data Base and 2nd in Public Issues for the
half year ending 30.06.2010.
• Ranked 1st in Asia ex-Japan Loans Mandated Arranger with 12.90% market
share for the half year ending 30.06.2010.

35
Highlights of Some Non – Banking Subsidiaries (2/2)

SBI DFHI
• Trading Income as on 30.06.10 was Rs. 16.19 Crores (highest in the last 3
years) compared to Rs.7.54 Crores in the corresponding period last year.

SBI Cards & Payment Services Pvt. Ltd.

• Recorded a net profit of Rs.3.25 Crs as against a net loss of Rs.24.40 Crs. as
on June 2009.

SBI Pension Fund Pvt Ltd

• AUM was Rs.2743.62 Crores as on 30.06.2010, an increase of 134% YOY.

SBI Global Factors Ltd.

• Company continues to maintain 80% plus market share in factoring business of
standalone factoring companies in India.

36
Recent Awards & Recognitions …..

• Awarded the strongest Banks in Asia Award 2010 for

the Asia pacific region under The Asian Banker
Excellence in Retail Financial Services Awards 2010.
• SBI awarded Visionaries of Financial Inclusion – Year
2009 by Financial Information Network & Operations
Ltd. (FINO).
• State Bank of India has been awarded the prestigious
international award 'Innovation in Banking Technology
Award - 2010' for the 'Innovation in Eco-IT' category
instituted by The Banker Magazine, London, for its
project on Green ATM Installation.
• Only Indian bank to find a place in the Fortune Global
500 list – Up from 363 last year to 282 this year.
• Rankings BY Banker :Only Indian bank among the top
100 banks in the world.

37
Recent Awards & Recognitions …..

• SBI’s ranking has improved to 36 (2010) from 70

(2009) in the Brand Finance Global Banking 500 by
Brand Finance Plc.

• Moved up in rankings from 219th spot last year to

150th spot this year in the Forbes 2000 list of
largest companies in the world

• Ranks 32 in The Indian Express List of The Most

Powerful Indians in 2010.

• “Exemplary Leader Award” at the Global HR

Excellence Awards 2010 by World HRD Congress.

• The QFC Asian Banker Leadership Achievement

Award for the Asia Pacific region for 2010 under
The Asian Banker Excellence in Retail Financial
Services Awards 2010
38
THANK YOU

39