Analysts Presentation q1fy 2011

8/8/2019 Analysts Presentation q1fy 2011

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QuarterlyResults

Q1FY 2010-11

0



Highlights – SBI Stand-alone Balance Sheet

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

Advances

growth (YOY) 20.74%22.79% 16.94%

Advances

market share16.55%16.43% 16.28%

Mar-09

CASA ratio 38.45% 47.51%46.67%

CA growth

(YoY)18.56% 12.53%18.98%

1

CASA Ratio is up

by 906 bps

Deposits

growth (YOY)6.78%35.99% 8.36%

Demand

deposits

market share

16.24%15.35% 17.51%

Deposits

market share16.14%17.43% 16.31%

SB growth

(YoY)23.99% 33.85%29.75%

Growth in

CASA (YOY)22.70% 28.93%26.76%



Highlights – Q1FY11 vs Q1FY10

Rs crores, SBI Standalone, except for group net profit

Q1 FY 10 Q1 FY 11 % growth

Net interest income 5025

Net profit (standalone) 2330

Net profit (group) 2759

Q1 FY 10 Q1FY 11

Net interest

margin 2.30%

57.25%Cost to incomeratio

Other income to

7304 45.35

44.20%

2.66%

52.59%

Mar10

2914 25.053.18%

3365 21.99

2

Other income 3569

Operating income 8594

Operating cost 4920

Fee income 1862

Operating profit 3674

41.53%

operating incomeratio

Loan loss provision 1344

17.09%

2410

10994

3690

27.93

29.41

3.40

4859 -1.23

6134 66.97

33.56%

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

1733 28.96

38.74%

ROA

ROE

COD

YOA

0.92% 0.88%

15.88% 14.04%

6.16%

10.01%

5.80% 5.27%

9.30%9.66%

1.07%



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

AdvancesRs crore

Market share (domestic)Percent

20.74% p.a.

YOY

12 bps

YOY

3

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.

As on last reporting Friday of the quarterJune 09 June 10 June 09 June 10Mar 10 Mar 10



Loan book is well diversified

Across segmentsWithin corporate segment, advancesare spread across many industries1

4

1 As on last reporting Friday



Composition of advances growth (1/7)

Rs crores

June 10 over June 09

Large-corporate

• 24% growth in Fee Income (YOY).• 48% growth in Fee Income from Project

Finance.

• Over 84% of the exposure to borrowers has

34.72%YOY

5

June 09 June10Mar10

.

• Advances growth during Q1FY11 isRs.7,220 crores as against Rs.2,098 croresin Q1FY10.

• 54 loans aggregating Rs.14,798 crores

(FB+NFB) sanctioned (new +enhancements) during Q1FY11.

• Sanctions under Infrastructure financesincreased to Rs.6,235 crores in Q1FY11 asagainst Rs. 5,979 crores in Q1FY10.




Rs crores

14.30%YOY


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

Infrastructure, Gems & Jewellery.

• Fee Income grew by 34% YOY.

• Decline in advances during Q1FY11restricted to Rs.1,594 crores as against a

Mid-Corporate

6

June 09 June 10Mar 10

negative growth of Rs.6,912 crores inQ1FY10.

• 112 new loans aggregating Rs. 7,791crores (FB+NFB) sanctioned during thequarter.

• Robust growth in Precious Metals Businessdriven by 176% growth in sale of Gold and62% growth in Metal Gold Loans.




Rs crores


22.07%YOY

• USD 1 bn mobilised successfully overseas in

July 10, with oversubscription of 4.5 timesvide Standalone rule 144A regulations bondissue. Tapped US market for the first time.

• 8 new branches opened during the quarter,taking the total to 150 foreign offices in 32

Inter-national


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.• Market share in remittance business is

29.68% (March 10).

• Fee income has grown by 21.34% fromRs.177 crores in Q1FY10 to Rs.215 crore in

Q1FY117




Rs crores

SME 14.72%

YOY


• New tie-ups with Volvo

Equipments Ltd. and EscortsEquipments Ltd. for equipmentfinance and Hindustan Motors forvehicle finance.

8


• New range of power productslaunched

• Relationship concept introducedfor Medium Enterprises

• 21,463 applications amounting toRs.289 crores received under SME – OTS scheme valid till 31/07/10.




June10 over June 09

Agriloans

15.98%YOY

Rs crores

• Disbursement of Rs.7,892 crs in Q1FY11as against Rs.5,630 crs in Q1FY10.

• 2.89 lac new farmers financed during Q1FY11.

• Produce Marketin Loans PML for

9

June 10June 09 Mar 10

direct lending to farmers at 8.5% (fixed).• Financing Floriculture (Pushpa Ulhas)

piloted in Bangalore, Hyderabad andMumbai.

• Organic farming piloted for 5 circles.

• Initiatives taken under Bonding withFarmers:

• Farmers’ Meet, Farmers’ Club, SBI KaApna Gaon etc.





Homeloans 29.83%

YOY

Rs crores

• CNBC Award 2010 for Most PreferredHome Loan Provider for the fifth time.

• 66988 loans amounting to Rs.6,915crores sanctioned in Q1FY11 (Rs. 6,042crores in Q1FY10).

• Highest absolute growth in Q1 amongstpeer level banks / NBFCs YTD rowth

Average ticketsize (Rs lacs)

Market share(ASCB)

37% 38%

36% 34%

20% 20%

7% 7%

June 10June 09

19.82%

SBI continues to beno. 1 in retail lending

in India

24.46%*

Distribution

* As on March 2010

Mar 10

23.8%

38%

34%

20%

7%

Rs. 3,476 crores in Q1FY11 as againstRs. 3,450 crores in Q1FY10).

• 95% of the borrowers are 1st time buyers.

• Disbursed Rs. 4,660 crs in Q1FY11 asagainst Rs.4,350 crores in Q1FY10.

• Prudent Loan To Value (LTV) ratio of61%.

8.84 10.3210.01

• Metro

• Urban

• Semi urban

• Rural

10




June10 over June 09June 10 over June 09

3.26 3.76

Eduloans

30.75%YOY

June10June 09Averageticket size(Rs lacs)

Rs crores

• Average TAT for sanction of loans is 4 days.

• 13,118 loans sanctioned during Q1FY11.

• Scholar loan institutes increased from 61 to100 during the current academic year. 20NITs included.

• Rs. 5.12 crores sanctioned under SBIscholar scheme in Q1FY11.

Mar 10

3.76

11

2.82 3.21

Autoloans

June 09

48.06%YOY

June 10Averageticket size(Rs lacs)

15.12% 16.82%Marketshare (%)

24.80% 25%

share (%)

• 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

disbursed under SBI Advantage car loanscheme.

• Total disbursement in Q1FY11 is Rs.1,303crs.

25%

Mar10

16.8%

3.00



Interest Income duringYield on advances

Percent

Q4Q3Q2Q1

Rs crore Q1FY11vs.Q1FY10Q1

Interestincome onadvances

12,96712,63912,66912,357 8.62%13,422

FY 2010 FY2011

Interest Income has risen as loan book growth offsetdecline in PLR

Interestincome onresourceo erations

4,6704,6744,9174,988 4610 -7.57%

12

12.25% 11.75% 11.75% 11.75% 11.75%PLR

During Q1 FY10, PLR lower by 50 bps impacting interestincome by Rs.426 crores.

Interest on resource operations lower due to hike in CRRby 100 bps over June 09 and reduction in surplus liquidity.

PLR reduced by 50 bps on 29.06.2009More than 85% of the incremental lending

during the quarter has been below PLR.Base Rate at 7.50% implemented wef 1st July

2010.

Mar 10Mar 09 Jun 09 Sep 09 Dec 09 June10

11.75%

Sundryinterestincome

328466190128 420 228.03%

Totalinterestincome

17,96617,77917,77617,473 18,452 5.61%



DepositsRs. Crores CASA ratio

Percent

6.78%

YOY 815297

Domestic DepositsRs. Crores

Foreign deposits

Domestic deposits

763563

769412732428

29%YOY

47.37%YOY

5.05%YOY

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

CASA

Retail TD

Bulk TD

4588539399

804116764717

13

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.

-51%YOY

10%YOY5.05%YOY

769412732428

764717



CASA ratioPercent

CASA and CD ratios continue to improve

CASA Ratio

RUSU CASA Ratio

14

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

Note: Domestic deposits exclude Interbank deposits

CD ratioPercent

72.32% 69.80% 72.22% 73.28%

ASCB CD ratio



Percent

Cost of deposits Interest expense

Rs crore

Q4Q3Q2Q1

Interest

Interest paid

on deposits

10,29710,44511,15611,436

288299310330 8.16%

-11.85%

Q1FY11

vs.

Q1FY10Q1

FY2011FY 2010

Cost of deposits has fallen

10,080

357

Sundry

interest

expense

expense on

borrowings

Total

interestexpense

659719701682

11,24411,46312,16712,448

4.26%

• Sequential decline in Cost of deposits

due to shedding of bulk deposits and

increase in CASA.

Q1FY11 interest paid on deposits lower than Q4FY10 despite

switch in calculation method of SB interest to daily product

basis which has added around Rs. 300 crores to the interest

outgo during Q1FY11.

-10.44%11,148

711

15



NII and NIM continue to improve

NIINIMPercentCumulative NIM

Q4 FY10Q3 FY10Q2 FY10Q1 FY10

2.43%

2.30 2.55 2.82 2.96 3.18

Q1 FY11

16

Rs crore

Q1 FY11Q1FY 10

. . .

NII

5,0255,609

6,316 6,7217,304

.

Q2FY 10 Q3FY 10 Q4FY 10

NIM up sequentially despite change in SB interest calculation method.

NII is highest in Q1FY11 since last 12 quarters.

4.30% 2.82% 9.69% 38.81% 45.35%

YOY Growth of NII



Surplus liquidity has declined and so has negativecarry

Quarter wise average surplus liquidity (Rs Crore)

One year TD rate

Negative Carry %

Quarter wise Negative Carry (Rs Crore)

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

6.007.08.10 6.50 6.00 6.00

-1.83%

17



Fee income up by 29.41% YOY, one of the highestamong peers

Rs crores

Q1 FY11 vs. Q1 FY10

xx y-o-y growth

29.41%3.40%

35693690

Jun 09

Jun 10

Excluding Profit on Sale ofInvestments, growth in otherincome at 23%.

18

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.

1862

709

470358

169

2410

173

503377

227

Total Other

Income

Fee Income Profit on Sale of

Investments

Forex Income Dividend Misc. Other

Income

6.83%-75.54%

5.33% 34.32%



1508

2444

1785Overheads

Salary

Operating Expense YOY

growth Q1FY114920

6036

4859-1.23%

18.36%3259

Lower Operating costs backed by overheads control

x

50.95%

33.70%

x YOY Growth Q1FY10

19

96 447 765

1623

2964 28271451

Q1FY09 Q1 FY10 Q4 FY10 Q1 FY11

Contribution

for Employees

-51.06%

263.07%

Salary for Q1FY10 includes Rs.627 crores of wage revision arrears pertaining to prior period, salary forQ1FY11 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.

2035

45.65%

366.69%



Operating income growth remains robust at28% YOY

Other Non-interest incomeNII

Q1FY11 vs. Q1FY10

Operating incomeRs crores

8594 9134 968211230 10994

Fee Income

20

Non interestincome/operatingincome

Cost / Income ratio

42% 34%

Q1FY10 Q1FY11Q4FY10Q3FY10Q2FY10

57.25% 52.30%

40%35%39%

44.20%53.75%47.07%



Alternate channel usage has increased rapidly

• No of ATMs for group

• No of ATMs for SBI

• Hits per day

• Number

• Market share (for SBI) (%)

June 10

16369

286

554

30.54*

March 10

21485

30.47

June 09

29.24

ATMs

Debit Card (lacs)

• Market share (for group) (%) 39.39*39.0537.97

21751

16584

271

590428

13877

10978

336

• No of accounts

• No of transactions

• No of transactions

• Registered mobile users

• No of transaction(Financial)

43.57

2,18,434

Internet Banking (lacs)

POS Transaction (lacs)

Mobile banking

• No of registered customers 4,93,463Contact centre

23.4321.4519.67% of total transactions

on alternate channels

260.39

72.13

3,17,377

6,76,44229,002

39.74

16,060

118.57

*Estimates based on May 2010 figures of RBI website **During Q4FY10

47.29

1,66,550 5,86,899

% net of non – eligible

transactions23.98 31.19 35.00

31.94

234.54**

63.32**

4,29,242**

21



Asset Quality remains steady

Rs crores

Asset quality

Gross NPA Net NPA

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

22

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%.

Mar 10Dec 09Sep 09June 09

Growth in NPAs during the quarter

2058 1485 674

June 10

1290-396*

*Decrease of Rs.1,651 crores due to upgradation of Ratnagiri Gas & Power (Dabhol)



Movement of NPAs during Q1FY11 (1/2)

Opening stock of NPAs

Fresh slippage

15,714 19,535

11,843 4,081

Net increase in NPAs byRs.1290 crores in Q1FY11

Corporate 102

-43International

Q4FY10 Q1FY11

23

p gra a on + recovery

Write off

Closing NPAs

, ,

1,991 627

19,535 20,825 Retail 365

SME 183

Agriculture 683

Provision Coverage Ratio (PCR) including AUCA to 60.70% as onJune 10 as against 59.23% as on March 2010



Movement of NPAs during Q1FY11 (2/2)

Net increase in NPAs Rs.1,290 crsin Q1FY11 to reach a total ofRs.20,825 crs as on June 10

Corporate 6,958

1,656International

Particulars Corporates IBG SME AGRI RetailCash Recovery 286 49 242 145 192

U radation 161 16 467 171 435

24

Retail 4,513

SME 4,694

Agriculture 3,004

Write off 0 0 223 284 120

Gross Reduction 447 65 932 600 747

Fresh Slippages 549 22 1,115 1,283 1,112

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



Details of Standard Assets Restructured

Under RBI Scheme

FY 08-09 10777

Q1FY10 6019

Rs. In crores

25

FY 09-10 6019Total 16796

Slippage during

Q1FY11 158

Slippage upto June 10 1774

% of slippages 10.56



Details of asset-wise provisioning

Rs crores

30-06-2009

NPAs Provision % NPAs Provision %

31-03-2010

NPAs Provision %Asset Category

Substandard

Doubtful

8,066

8,672

1,251

4,617

15.51

53.24

30-06-2010

6,989 1,080

6,539 4,046 5,759

15.45

61.87 9,649

8,542 1,358

59.68

15.90

Loss

Whole Bank

Advancesunder

Collection

2,797

19,535

2,797

8,665

100.00

44.36

Whole Bankincl. AUCA

7,127 7,127 100.00

59.2315,79226,662

PCR

20,825

28,179

7,354

9,751

100.00

22,206

6,888

13,804

6,888

6,91615,318 45.15

100.00

62.16

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

46.82

100.00

7,354

17,105 60.70

59.2362.16 60.70

26



Percent

Capital adequacy ratio – Basel I

12.5% 12.0%13.1%

12.3%

Tier 2Tier 1

The Bank continues to be remain well capitalized

12.2%

3.4%

8.8%

27

12.0%Capital adequacy ratio – Basel II

Jun 09 Sep 09 Dec 09 Mar 10

Jun 09 Sep 09 Dec 09 Mar 10

14.1% 13.4%14.1% 13.8%

Tier 2Tier 1

Jun 10

Jun 10

13.5%

3.7%

9.8%



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 underone umbrella, viz. remittances, clearing, eZ-Pay Card, Gift Cards, SBI Vishwa

28

, .

Bank.• Under Merchant Acquiring Business, the Bank now has tie-ups with four

Groups- Future Group, Military canteen, Regional Pass Port Seva Kendra, andBangalore Metro Project. Bank plans to deploy 1.50 lac POS terminals duringFY2011.

• Financial Planning and Advisory Services launched in FY10, now madeavailable in 924 branches through Relationship Managers / Customer Relations

Executives. AUM of Rs.104 crs as at the end of June 2010 projected toincrease to Rs.900 crs by the end of the current FY.



New Business Initiatives (2/2)

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

• Commercial operations started in our newly opened subsidiaries, SBI – SGGlobal Securities Services Pvt. Ltd. (Custodial services with AUC : Rs.28,901

crs) and SBI General Insurance Ltd.

29

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

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



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 :

30

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

(b) Average business perbranch

41.83 crs 45.17 crs 46.20 crs

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.



Social Transformation through Financial Inclusion (2/2)

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

31

a na rc es

• 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 thetotal of such BFs to 3. Overall, we have engaged 7,667 BFs as on 30.06.10



Socio-Economic and Environmental Initiatives

Adopted a Green Banking Policy and several measures undertakenlike switching over to energy efficient lighting system, installation ofenergy savers, efficient water management systems, waste disposal

,tree plantation and more. Paperless Banking launched in 51branches on July 1, 2010.

Clean/Greenenvironment

Fund cum Authorisation Model for Social Sector Flagship Schemeslike National Literacy Mission of HRD Ministry is at the

Youth

implementation stage and SBI has signed an MoU with HRDMinistry to partner them in 20 States

Continuing with R & D initiatives, the Bank has set up a ‘SBI Chairfor 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, inparticipation with RBI.

Others

SBI is participating in a joint field pilot with UIDAI for FinancialInclusion for deployment of micro ATMs conforming to UIDstandards.

32



Performance Highlights of Associate Banks (1/2)

OPERATING PROFIT NET PROFIT

Bank UptoYOY

Growth (%)

UptoYOY

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

Rs in Crores

33

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 ofRs.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 toRs.682.96 crores as on June-10) mainly on account of higher provisioning for NPAs.



Rs in Crores

DEPOSITS ADVANCES

Bank As atYOY

Growth (%)

UptoYOY

Growth (%)Q1FY11 Q1 FY10 Q1FY11 Q1 FY10

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

Performance Highlights of Associate Banks (2/2)

34

, , . , , .

SBP 64,431 61,257 5.18 47,098 41,902 12.40SBT 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 depositsimproved 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 Teamsto prevent further slippages. Some of the large accounts which have turned NPAs recently havebeen referred to CDR for restructuring.



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 onJune 09. YOY growth of 192%.

• AUM of the company as on 30.06.2010 stood at Rs.30082 Crores .YOY growth of64%

• The company is ranked 2nd amongst the private Insurance companies under NewBusiness Premium, as on June 2010.

35

SBI Capital Markets Ltd

• The company has posted PAT of Rs. 157.15 Crores in Q1FY11 registering a YOYgrowth of 93% after excluding provision of Rs.63.99 Crores towards syndication feesharing 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 thehalf year ending 30.06.2010.

• Ranked 1st in Asia ex-Japan Loans Mandated Arranger with 12.90% marketshare for the half year ending 30.06.2010.



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 3years) 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

36

.

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.



Recent Awards & Recognitions …..

• Awarded the strongest Banks in Asia Award 2010 forthe 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 & OperationsLtd. (FINO).

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• State Bank of India has been awarded the prestigious

international award 'Innovation in Banking TechnologyAward - 2010' for the 'Innovation in Eco-IT' categoryinstituted by The Banker Magazine, London, for itsproject on Green ATM Installation.

• Only Indian bank to find a place in the Fortune Global500 list – Up from 363 last year to 282 this year.

• Rankings BY Banker :Only Indian bank among the top100 banks in the world.



Recent Awards & Recognitions …..

• SBI’s ranking has improved to 36 (2010) from 70(2009) in the Brand Finance Global Banking 500 byBrand Finance Plc.

• Moved up in rankings from 219th spot last year to150th spot this year in the Forbes 2000 list of

largest companies in the world

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• Ranks 32 in The Indian Express List of The MostPowerful Indians in 2010.

• “Exemplary Leader Award” at the Global HR

Excellence Awards 2010 by World HRD Congress.

• The QFC Asian Banker Leadership AchievementAward for the Asia Pacific region for 2010 underThe Asian Banker Excellence in Retail Financial

Services Awards 2010



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Documents

Analysts Presentation q1fy 2011