State Bank of India (SBI) Chairman Challa Sreenivasulu Setty

State Bank of India (SBI) is committed to improving its profitability profile through disciplined cost management, optimising asset mix, and expanding fee-based income streams, according to Chairman Challa Sreenivasulu Setty.

“With strong CASA (current account, savings account) growth, digital cross-sell capabilities, and margin sensitive asset allocation, we are building a scalable model for sustainable returns,” Setty said in his message to shareholders in the bank’s annual report for FY25.

The SBI chief emphasised that as India’s largest bank, SBI’s strategic focus is on improving operational efficiency, enhancing customer experience, sustaining market leadership, strengthening human resource capabilities, supporting risk-adjusted growth, and improving profitability.

“Together, these strategic levers position us not just as India’s largest bank, but as its most forward-looking—balancing trust, scale, and innovation to deliver long-term value for customers and investors alike,” he said.

Setty noted that to achieve sustainable, risk-adjusted growth, SBI is leveraging advanced analytics for credit underwriting, portfolio monitoring, and early warning detection. Further, the Bank’s sector-specific risk frameworks are designed to strengthen asset quality and support responsible lending in priority areas including MSMEs and infrastructure.

The overall Capital Adequacy Ratio (CAR), as at the end of March 2025, stands at 14.25 per cent (14.28 per cent as at March-end 2024), well above the minimum regulatory requirement.

With another year of record profits in FY2025, SBI’s capital position remains comfortable to tap future growth opportunities, the SBI chief said.

As at the end of March 2025, SBI’s balance sheet size (deposits + advances) crossed ₹66 lakh crore. The balance sheet size had crossed the ₹61 lakh crore mark in FY24.

As at March-end 2025, the Bank’s market share was at 22.54 per cent in deposits (22.55 per cent as at March-end 2024) and 19.36 per cent (19.06 per cent) in advances.