A

Project report
On
State bank of India

Introduction
State Bank of India is the largest banking and financial services company in India
by revenue and total assets. Its a state-owned corporation with its headquarters in Mumbai,
Maharashtra. As of March 2011, it had assets of US$ 370 billion with over 13,000 outlets
including 150 overseas branches and agents globally. The bank traces its ancestry
to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of
Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Bank of Madras
merged into the other two presidency banks, Bank of Calcutta and Bank of Bombay to form
Imperial Bank of India, which in turn became State Bank of India. The government of
India nationalised the Imperial Bank of India in 1955, with the Reserve Bank of India taking
a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the
stake held by the Reserve Bank of India.State Bank of India is ranked #1 in banking sector
and overall ranked #4 in top companies in India in Fortune India 500 list in 2011.[2]
SBI provides a range of banking products through its vast network of branches in India and
overseas, including products aimed at non-resident Indians (NRIs). The State Bank Group,
with over 16,000 branches, has the largest banking branch network in India. SBI has 14
Local Head Offices situated at Chandigarh, Delhi, Lucknow, Patna, Kolkata, Guwahati
(North East Circle), Bhuwaneshwar, Hyderabad, Chennai, Trivandram, Banglore, Mumbai,
Bhopal & Ahmedabad and 57 Zonal Offices that are located at important cities throughout
the country. It also has around 130 branches overseas.
SBI is a regional banking behemoth and is one of the largest financial institutions in the
world. It has a market share among Indian commercial banks of about 20% in deposits and
loans.[3] The State Bank of India is the 29th most reputed company in the world according
to Forbes.[4] Also SBI is the only bank featured in the coveted "top 10 brands of India" list in
an annual survey conducted by Brand Finance and The Economic Times in 2010.[5]
The State Bank of India is the largest of the Big Four banks of India, along with ICICI
Bank, Punjab National Bank and HDFC Bankits main competitors.

FINANCIAL STATEMENT OF STATE BANK OF INDIA

Balance Sheet of State Bank of India

Capital and Liabilities:

Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Net Worth
Deposits
Borrowings
Total Debt
Other Liabilities & Provisions
Total Liabilities

Assets
Cash & Balances with RBI
Balance with Banks, Money at Call
Advances
Investments
Gross Block
Accumulated Depreciation
Net Block
Capital Work In Progress
Other Assets
Total Assets
Contingent Liabilities
Bills for collection
Book Value (Rs)

------------------- in Rs. Cr. ------------------Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

635.00
635.00
0.00
0.00
64,351.04
0.00
64,986.04
933,932.81
119,568.96
1,053,501.77
105,248.39
1,223,736.20
Mar '11

634.88
634.88
0.00
0.00
65,314.32
0.00
65,949.20
804,116.23
103,011.60
907,127.83
80,336.70
1,053,413.73
Mar '10

634.88
634.88
0.00
0.00
57,312.82
0.00
57,947.70
742,073.13
53,713.68
795,786.81
110,697.57
964,432.08
Mar '09

631.47
631.47
0.00
0.00
48,401.19
0.00
49,032.66
537,403.94
51,727.41
589,131.35
83,362.30
721,526.31
Mar '08

526.30
526.30
0.00
0.00
30,772.26
0.00
31,298.56
435,521.09
39,703.34
475,224.43
60,042.26
566,565.25
Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

94,395.50
28,478.65
756,719.45
295,600.57
13,189.28
8,757.33
4,431.95
332.23
43,777.85
1,223,736.20

61,290.87
34,892.98
631,914.15
285,790.07
11,831.63
7,713.90
4,117.73
295.18
35,112.76
1,053,413.74

55,546.17
48,857.63
542,503.20
275,953.96
10,403.06
6,828.65
3,574.41
263.44
37,733.27
964,432.08

51,534.62
15,931.72
416,768.20
189,501.27
8,988.35
5,849.13
3,139.22
234.26
44,417.03
721,526.32

29,076.43
22,892.27
337,336.49
149,148.88
8,061.92
5,385.01
2,676.91
141.95
25,292.31
566,565.24

585,294.50
205,092.29
1,023.40

429,917.37
166,449.04
1,038.76

614,603.47
152,964.06
912.73

736,087.59
93,652.89
776.48

259,536.57
70,418.15
594.69

PROFIT AND LOSS

Profit & Loss account of State Bank of
India

Income
Interest Earned
Other Income
Total Income
Expenditure
Interest expended
Employee Cost
Selling and Admin Expenses
Depreciation
Miscellaneous Expenses
Preoperative Exp Capitalised
Operating Expenses
Provisions & Contingencies
Total Expenses

Net Profit for the Year

Extraordionary Items
Profit brought forward
Total
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)
Appropriations
Transfer to Statutory Reserves
Transfer to Other Reserves
Proposed Dividend/Transfer to Govt
Balance c/f to Balance Sheet
Total

------------------- in Rs. Cr. ------------------Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

81,394.36
14,935.09
96,329.45

70,993.92
14,968.15
85,962.07

63,788.43
12,691.35
76,479.78

48,950.31
9,398.43
58,348.74

39,491.03
7,446.76
46,937.79

48,867.96
14,480.17
12,141.19
990.50
12,479.30
0.00
31,430.88
8,660.28
88,959.12
Mar '11

47,322.48
12,754.65
7,898.23
932.66
7,888.00
0.00
24,941.01
4,532.53
76,796.02
Mar '10

42,915.29
9,747.31
5,122.06
763.14
8,810.75
0.00
18,123.66
6,319.60
67,358.55
Mar '09

31,929.08
7,785.87
4,165.94
679.98
7,058.75
0.00
14,609.55
5,080.99
51,619.62
Mar '08

23,436.82
7,932.58
3,251.14
602.39
7,173.55
0.00
13,251.78
5,707.88
42,396.48
Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

7,370.35
0.00
0.34
7,370.69
0.00
1,905.00
246.52

9,166.05
0.00
0.34
9,166.39
0.00
1,904.65
236.76

9,121.23
0.00
0.34
9,121.57
0.00
1,841.15
248.03

6,729.12
0.00
0.34
6,729.46
0.00
1,357.66
165.87

4,541.31
0.00
0.34
4,541.65
0.00
736.82
125.22

116.07
300.00
1,023.40

144.37
300.00
1,038.76

143.67
290.00
912.73

106.56
215.00
776.48

86.29
140.00
594.69

2,488.96
2,729.87
2,151.52
0.34
7,370.69

6,495.14
529.50
2,141.41
0.34
9,166.39

6,725.15
306.90
2,089.18
0.34
9,121.57

5,205.69
-0.10
1,523.53
0.34
6,729.46

3,682.15
-2.88
862.04
0.34
4,541.65