Transforming Banking Landscape with Innovation, Inclusion and Sustainability
We prioritise customer-centricity as a fundamental aspect of our operations. Our proactive and flexible approach allows us to swiftly adapt to the changing financial demands of our customers. Leveraging cutting-edge technology and innovative solutions, we strive to deliver seamless and efficient banking experiences, constantly staying attuned to market developments.
Operating with integrity and transparency is ingrained in our corporate ethos. We adhere to the highest standards of corporate governance and ethics, ensuring that every decision we make upholds these principles. Committed to responsible lending practices, we prioritise risk management and compliance with regulatory requirements.
We stand resilient in the face of challenges, fortified by a robust framework that ensures that our operations remain seamless. With a strong capital base, diligent risk management practices, and diversified business portfolios, we are well-equipped to withstand market fluctuations.
12.01%
11.13%
15.24%
7.17%
10.38%
21.59%
For over two centuries, we have solidified SBI’s standing as the nation’s premier Bank. We pioneer products and services that reshape India’s banking landscape, cater to diverse customer segments and adapt to the customer needs. We are diversifying our operations by embracing cutting-edge technologies and maintaining our status as the preferred Bank of India. Progressing ahead, we strive to redefine banking through responsible and sustainable solutions.
Customers and
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Be the Bank of Choice for
a Transforming India
Committed to providing Simple,
Responsive and Innovative
Financial Solutions
Dear Shareholders
It gives me immense pleasure to place before you the highlights of your Bank’s performance during FY2024. Details of the achievements and initiatives taken by your Bank are provided in the Annual Report for FY2024.
Dinesh Kumar Khara
Read the full statementPreserving the natural environment is a priority for SBI. The climate-related risks and opportunities has prompted your Bank to enhance and formalise its natural capital management further.
SBI featured among the Top 25 Strongest Brands Globally for 2024 – Brand Finance Report - Global 500 2024 Most Valuable and Strongest Global Brands
SBI was awarded Company of the Year Award – 2023 by the ET Awards for Corporate Excellence 2023
SBI was recognised as the Best Bank in India for the year 2023 by Global Finance Magazine at its 30th Annual Best Banks Awards event at Marrakech, Morocco
SBI awarded the Best Annual Report Award under Public Sector Bank category for 2023 by Free Press Journal
Greentech HR Awards under the following categories:
Greentech CSR Award For Promotion of National Heritage Art & Culture
SBI Chairman Shri Dinesh Khara was honoured with the Indian of the year award (IOTY) 2023 in the business category at CNN News18 Awards
SBI received the most prestigious accolade for being the Most Preferred Workplace 2023-24 by Marksmen’s Group
SBI received the Iconic Banking Brand award at the 3rd edition of Navbharat BFSI 2023
SBI won a Bronze award State Bank of Happiness - for Best use of LinkedIn at the 14th India Digital Summit organised by IAMAI
SBI won 4 awards at DIGIXX 2024 Summit & Awards for - Brand of the Year, Best Influencer marketing Campaign, Best use of Social Media & PR/Online Reputation Management on 22.03.2024, at New Delhi
SBI received the Dunn & Bradstreet Award in the Category – PSU Banks over 4 Lakh Crore assets size at the PSU & Government Summit 2023
SBI awarded Most trusted BFSI Brands 2023-24, by the Marksmen Daily
SBI received the ICAI Awards for Excellence in Financial Reporting Award
Economic Times Human Capita Awards under following categories:
Directors’ Report