STATE BANK OF INDIA(SBI)

Presented by:155- Gayatri Sharma

162- Sweta Singh

History of SBI• Largest commercial bank of india• The evolution of State Bank of India can be traced

back to the first decade of the 19th century• It began with the establishment of the Bank of

Calcutta in Calcutta, on 2 June 1806. • The bank was redesigned as the Bank of Bengal,

three years later, on 2 January 1809.• the State Bank of India (SBI) was established on 1

July 1955.• the State Bank of India (Subsidiary Banks) Act was

passed in 1959.

Contd….

• State Bank of India launched its first Five Year Plan of independent India, in 1951

• The Plan aimed at serving the Indian economy in general and the rural sector of the country, in particular

• The State Bank of India is the 29th most reputed company in the world according to Forbes

IPO And Further Share Prices

• SBI came with an IPO in Dec’93, size of public issue was 274 crores rupees(Share holding post issue Govt:66.34% ; Private:33.66%)

• In 2003, stock prices crosses rs.400 for the first time since listing in BSE

• In 2004, it bought 10% stake in MCX of india ltd for Rs. 2.1 cr

SHARE PRICES

Date Open High Low Close Volume Adj Close

01-04-11 2772 2849 2707 2752.95 362200 2752.95

01-03-11 2651 2888 2523.55 2767.9 445000 2767.9

01-02-11 2651.9 2813.4 2478.6 2632 662100 2632

03-01-11 2830.05 2852.45 2468.8 2641.05 819700 2641.05

CURRENT SCENARIO

• Market Capital (Rs.cr): 178007.00 • EPS (Rs.): 159.31 • P/E Ratio: 17.59 • Book Value (Rs.): 1038.60 • Price to Book Value: 2.70 • Equity (Rs.cr.): 634.99 • Traded Value (Rs.lac): 8392.12

CURRENT NEWS

• State Bank of India announces changes in management(18-4-2011)

• State Bank of India increases its base rate(18-4-2011)(40 bps from 7.60% p.a. to 8.00% p.a)

• State Bank of India increases its BPLR(18-4-2011)(25 bps from 12.75% p.a. to 13.00%p.a)

• Financials dragged lower, hurt by accelerating inflation. Leading lenders State Bank of India , ICICI Bank shed 0.4 per cent and 2.3 per cent respectively.(16-4-2011)