SBI Annual Report - Balance Sheet Fortification Continues; Earnings To Gain Pace: Motilal Oswal

A State Bank of India illuminated signage. (Source: BloombergQuint).

SBI Annual Report - Balance Sheet Fortification Continues; Earnings To Gain Pace: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

State Bank of India’s annual report highlights 'resilience,' 'people,' and 'technology' as the key themes, with the endeavour to continuously strengthen the balance sheet and improve return ratios.

The bank has continued to invest in cutting-edge technology to maintain its position among the most digitally savvy banks.

The focus has remained on building a superior loan book, while maintaining strong underwriting – as evident from the robust asset quality across retail segments.

This is primarily attributable to more than 95% of unsecured credit being offered to government/public sector undertaking employees and ~41% of corporate loans being offered to PSUs/government undertakings.

Click on the attachment to read the full report:

Motilal Oswal SBI Annual Report Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.