State Bank Of India · NSE:SBIN
State Bank Of India — FY2024 Earnings Presentation
68 slides from State Bank Of India's earnings presentation, May 9, 2024
Slide 1: Exchange filing cover letter for analyst presentation
The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroje Jeejeebhoy Towers, Exchange Plaza, 5th Floor, C / 1, ‘G’ Block, 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai – 400051 BSE SCRIP Code: 500112 NSE SCR
Slide 2: Annual FY24 Analyst Presentation
Annual FY24 ANALYST PRESENTATION |09.05.2024
Slide 3: Safe Harbor
Safe Harbor Certain statements in these slides are forward-looking statements. These statements are based on Management's current expectations and are subject to uncertainty and changes in circumstances. Actual outcomes may differ materially from those included in these statements due to a variety o
Slide 4: Contents
Contents 1 2 3 Macro Economic Overview Performance Indicators 04-05 06-13 Highlights 14-30 4 5 6 Financial Capital Adequacy & Digital Performance 31-37 Asset Quality 38-43 Journey 44-52 7 8 Banking with a Subsidiaries, Group Purpose 53-59 Financials & Balance Sheet 60-66
Slide 5: Macro Economic Indicators
Macro Economic Talellersixe) a
Slide 6: Macro-economic indicators remain buoyant
Macro Economic Overview Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet Macro-economic indicators remain buoyant Economy in Sweet Spot IMF repositions Global Growth prospect
Slide 7: Overview
Overview fe
Slide 8: Redefining banking in India
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet Redefining banking in India We are India’s largest bank Unparalleled market share (%)* Our Balance Sh
Slide 9: One stop banking solution for everyone
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet One stop banking solution for everyone We cater to all customer segments through our various branches
Slide 10: Customer Touch Points
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet Customer Touch Points National reach Branches ATM / ADWM CSP 22,542 63,580 82,932 Rural 8,101 5,997 6
Slide 11: Consistent asset growth, improving asset quality and increasing CD ratio
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet Consistent asset growth, improving asset quality and increasing CD ratio Outstanding Gross Advances N
Slide 12: Consistent value to our shareholders
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet Consistent value to our shareholders Market Capitalisation Share Price Dividend per share (₹ in Crore
Slide 13: Nurturing talent for future ready SBI
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet Nurturing talent for future ready SBI… Awards and recognition Initiatives Marksman Daily Award under
Slide 14: Accolades
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet Accolades Most trusted BFSI Brands 2023-24, on 21.06.2023, by the Economic Times SBI was awarded the
Slide 15: Performance Highlights
Performance Highlights (fv
Slide 16: Key trends
Macro Economic Overview Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Indicators Highlights Performance & Asset Quality Journey Purpose Financials & Balance Sheet Key trends Profitability Credit growth Asset Well provided Leveraging continues quality Stressed Book
Slide 17: Balance Sheet Key indicators
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 18: Credit growth
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 19: Credit growth: Retail Personal Banking
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 20: Credit growth: Diversified Loan Portfolio
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 21: Credit growth: International Banking
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 22: Deposit growth
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 23: Asset quality
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 24: Net interest income (Cumulative)
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 25: Non-interest income
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 26: Treasury Operations
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 27: Operating expenses
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 28: Staff expenses & productivity
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 29: Capital – assessment based on credit growth and RoE trends
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 30: Provisions
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 31: Sustainable RoE / RoA – a perspective
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview Performance & Indicators Indicators Highlights Highlights Performance & Asset Asset Qual
Slide 32: Financial Performance
Financial Performance “lll
Slide 33: Financials – at a glance
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview & Indicators Indicators Highlights Highlights Performance Performance & Asset Asset Qual
Slide 34: Total income
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview & Indicators Indicators Highlights Highlights Performance Performance & Asset Asset Qual
Slide 35: Fee income break up
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview & Indicators Indicators Highlights Highlights Performance Performance & Asset Asset Qual
Slide 36: Total expenses
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview & Indicators Indicators Highlights Highlights Performance Performance & Asset Asset Qual
Slide 37: Overheads
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview & Indicators Indicators Highlights Highlights Performance Performance & Asset Asset Qual
Slide 38: Provisions & profit
Macro Economic Macro Economic Performance Performance Financial Financial Capital Capital Adequacy Adequacy Digital Digital Banking Banking with with a a Subsidiaries, Subsidiaries, Group Group Overview Overview & Indicators Indicators Highlights Highlights Performance Performance & Asset Asset Qual
Slide 39: Capital Adequacy & Asset Quality
Capital Adequacy & Asset Quality
Slide 40: Well-capitalized bank with adequate liquidity
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance Journey Purpose Financials & Balance Sheet Indicators Highlights & Asset Quality Well-capitalized bank with adequate liquidity Capital Ratios (%) RWA to Total Assets (%) 14.68 52.56
Slide 41: Asset quality (1/4)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance Journey Purpose Financials & Balance Sheet Indicators Highlights & Asset Quality Asset quality (1/4) Gross NPA (₹ in Crores) 90,928 91,328 86,974 86,749 Cumulative for the Period (%)
Slide 42: Asset quality (2/4)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance Journey Purpose Financials & Balance Sheet Indicators Highlights & Asset Quality Asset quality (2/4) ₹ in Crores Movement of NPAs: Q4FY23 FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 FY24 Openin
Slide 43: Movement of NPAs and AUCA (3/4)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance Journey Purpose Financials & Balance Sheet Indicators Highlights & Asset Quality Movement of NPAs and AUCA (3/4) ₹ in Crores Movement of NPAs (incl. Advances under Collection): Mar 2
Slide 44: Asset quality (4/4)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance Journey Purpose Financials & Balance Sheet Indicators Highlights & Asset Quality Asset quality (4/4) Slippages ₹ in Crores SMA 1 & SMA 2 ₹ in Crores Accounts with exposure above ₹ 5
Slide 45: Digital Journey
Digital | Journey ; a
Slide 46: Accelerating digital agenda (1/7)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Purpose Financials & Balance Sheet Indicators Highlights Journey Accelerating digital agenda (1/7) Market share across channels With varied payment modes Digital (as
Slide 47: Accelerating digital agenda (2/7)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Purpose Financials & Balance Sheet Indicators Highlights Journey Accelerating digital agenda (2/7) Digital Presence across channels Customer touch points Mobile banki
Slide 48: Accelerating digital agenda (3/7) YONO Business – FY24
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Purpose Financials & Balance Sheet Indicators Highlights Journey Accelerating digital agenda (3/7) YONO Business – FY24 NTD Customers onboarded Customers newly using
Slide 49: Accelerating digital agenda (4/7)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Purpose Financials & Balance Sheet Indicators Highlights Journey Accelerating digital agenda (4/7) YONO: Driving digital agenda of the Bank FY24 YONO Registration DIG
Slide 50: Accelerating digital agenda (5/7)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Purpose Financials & Balance Sheet Indicators Highlights Journey Accelerating digital agenda (5/7) YONO has shown growth across products and registrations YONO Regist
Slide 51: Accelerating digital agenda (6/7)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Purpose Financials & Balance Sheet Indicators Highlights Journey Accelerating digital agenda (6/7) Leadership across - UPI ecosystem Domestic (Q4FY24) Market Share Av
Slide 52: Accelerating digital agenda (7/7)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Purpose Financials & Balance Sheet Indicators Highlights Journey Accelerating digital agenda (7/7) Q4FY24 YONO for Business: Growth metrics Journey Yono Business Paym
Slide 53: Advances Business Through Analytical Leads
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Purpose Financials & Balance Sheet Indicators Highlights Journey Advances Business Through Analytical Leads Digital Loans conversion ₹40,471 Cr (* ₹30,002 Cr) 34.90%
Slide 54: Banking with a Purpose
Banking with a Purpose “as
Slide 55: Financial Inclusion
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Financials & Balance Sheet Indicators Highlights Purpose Financial Inclusion No. of BC outlets Transactions in BC Channel Deposits in FI Accounts Market Leade
Slide 56: Sustainability Highlights
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Financials & Balance Sheet Indicators Highlights Purpose Sustainability Highlights Financial Capital Natural Capital Social Capital Human Capital ₹ 61,077 cro
Slide 57: Environment
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Financials & Balance Sheet Indicators Highlights Purpose Environment Green Deposits Vision Green Rupee Term deposit launched. ₹ 22.39 crore raised • To achiev
Slide 58: Contributing to Society (1/2)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Financials & Balance Sheet Indicators Highlights Purpose Contributing to Society (1/2) Status of CSR activities as on 31.03.2024 CSR Budget Utilization as on
Slide 59: Contributing to Society (2/2)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Financials & Balance Sheet Indicators Highlights Purpose Contributing to Society (2/2) SBI Foundation: Highlights of long-term projects Gram Seva Women Empowe
Slide 60: SBI's Policy Framework
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Financials & Balance Sheet Indicators Highlights Purpose SBI’s Policy Framework Governance Board level committees & Policies for better control and governance
Slide 61: Subsidiaries, Group Financials & Balance Sheet
Subsidiaries, Group Financials & Balance Sheet
Slide 62: SBI and its subsidiaries – leveraging synergies (1/3)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Purpose Indicators Highlights Financials & Balance Sheet SBI and its subsidiaries – leveraging synergies (1/3) As on Mar 2024 ₹ in Crores FY23 FY24 FY23# FY24
Slide 63: SBI and its subsidiaries – leveraging synergies (2/3)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Purpose Indicators Highlights Financials & Balance Sheet SBI and its subsidiaries – leveraging synergies (2/3) As on Mar 2024 ₹ in Crores FY23# FY24# FY23 FY2
Slide 64: SBI and its subsidiaries – leveraging synergies (3/3)
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Purpose Indicators Highlights Financials & Balance Sheet SBI and its subsidiaries – leveraging synergies (3/3) Creating value across financial services Listed
Slide 65: Regional Rural Banks
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Purpose Indicators Highlights Financials & Balance Sheet Regional Rural Banks Sponsored by SBI Performance Highlights – FY24 14 RRBs operating in 13 States &
Slide 66: SBI group financials – FY24
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Purpose Indicators Highlights Financials & Balance Sheet SBI group financials – FY24 Particulars (₹ in Crores) Year Ended Growth (%) Particulars Year Ended FY
Slide 67: Balance sheet
Macro Economic Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Group Overview Performance & Asset Quality Journey Purpose Indicators Highlights Financials & Balance Sheet Balance sheet Liabilities ₹ in Crores SBI SOLO SBI GROUP Mar 23 Mar 24 YOY Growth (%) Mar 23 Mar 24 Y
Slide 68: Thank You
Thank You