{"id":128466,"date":"2022-04-13T11:43:40","date_gmt":"2022-04-13T15:43:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=128466"},"modified":"2022-10-05T06:37:06","modified_gmt":"2022-10-05T10:37:06","slug":"sbi-research-tear-sheets-q3-fy-2022","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sbi-research-tear-sheets-q3-fy-2022\/","title":{"rendered":"SBI Research Tear Sheets Q3 FY 2022"},"content":{"rendered":"\n

State Bank of India\u00a0(SBI) is an Indian\u00a0multinational\u00a0public sector\u00a0bank. The company is headquartered in Mumbai, Maharashtra. It is the 43rd<\/sup> largest bank in the world. It was incorporated in 1955. It has its operation worldwide. Stocks are traded in BSE, NSE.<\/p>\n\n\n\n

Key Financial Highlights<\/u><\/strong><\/p>\n\n\n\n

In Rs Crores<\/td>Q3 22<\/td>Q3 21<\/td><\/tr>
Interest Income<\/td>69,678<\/td>66,734<\/td><\/tr>
Interest Expenses<\/td>38,991<\/td>37,915<\/td><\/tr>
Net Interest Income<\/td>30,687<\/td>28,820<\/td><\/tr>
Operating Profit<\/td>18,522<\/td>17,333<\/td><\/tr>
Profit after tax<\/td>8,432<\/td>5,196<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Quarterly net profit increased by 62.27% toRs. 8,432 crores.<\/p>\n\n\n\n

Return on Equity increased 452 bps.<\/p>\n\n\n\n

Net Interest Income (NII) for Q3FY22 increased by 6.48% YoY.<\/p>\n\n\n\n

Operating Profit grew 6.86% YoY to Rs. 18,522 crores.<\/p>\n\n\n\n

Total Deposits grew at 8.83% YoY.<\/p>\n\n\n\n

Gross NPA ratio decreased by 94 bps YoY to 4.5%.<\/p>\n\n\n\n

Business Highlights<\/u><\/strong><\/p>\n\n\n\n

SBI has crossed 4.54 Cr customers in digital banking.<\/p>\n\n\n\n

28.9K digital accounts opened.<\/p>\n\n\n\n

1.07 Lakhs is the cardless cash withdrawal per day.<\/p>\n\n\n\n

Mutual Fund sales have increased 5 times in Q3 FY 22.<\/p>\n\n\n\n

Total number of UPI users has reached 175 Million.<\/p>\n\n\n\n

279.7 Million Card been issued.<\/p>\n\n\n\n

Loans:  SBI has sanctioned Krishi Agri Gold Loan for Rs.8,551 Crores. Personal Loan of ~Rs.6,283 Crores been disbursed. Repo linked loan book is about 0.24%<\/p>\n\n\n\n

Management Updates<\/u><\/strong><\/p>\n\n\n\n

The ROE has improved from 9.49% to 14.01% Y-o-Y basis.<\/p>\n\n\n\n

The Non Performing Asset ratio of the bank has declined from 4.9% to 4.5%.<\/p>\n\n\n\n

The net NPA stood at 34,540 crores.<\/p>\n\n\n\n

The CET1 ratio of the bank is at 9.38%.<\/p>\n\n\n\n

YONO has acquired 4.54 Cr. Customers.<\/p>\n","protected":false},"excerpt":{"rendered":"

State Bank of India\u00a0(SBI) is an Indian\u00a0multinational\u00a0public sector\u00a0bank. The company is headquartered in Mumbai, Maharashtra. It is the 43rd largest bank in the world. It was incorporated in 1955. It has its operation worldwide. Stocks are traded in BSE, NSE. Key Financial Highlights In Rs Crores Q3 22 Q3 21 Interest Income 69,678 66,734 Interest […]<\/p>\n","protected":false},"author":1796,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6352,9908],"tags":[151,8249],"class_list":["post-128466","post","type-post","status-publish","format-standard","hentry","category-research-summary","category-research-tear-sheet","tag-banking","tag-banks"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":130247,"url":"https:\/\/alphastreet.com\/india\/sbi-research-tear-sheet-q4-fy-2022\/","url_meta":{"origin":128466,"position":0},"title":"SBI Research Tear Sheet Q4 FY 2022","author":"sreerupa","date":"May 27, 2022","format":false,"excerpt":"State Bank of India\u00a0(SBI) is an Indian\u00a0multinational\u00a0public sector\u00a0bank. The company is headquartered in Mumbai, Maharashtra. It is the 43rd\u00a0largest bank in the world. It was incorporated in 1955. It has its operation worldwide. Stocks are traded on BSE, NSE. Key Financial Highlights In Rs CroresQ4FY22Q4FY21Net Interest Income70,73365,102Operating Profit19,71719,700Profit after tax9,1146,451\u2026","rel":"","context":"In "Research Summary"","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"Research Summary","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":160612,"url":"https:\/\/alphastreet.com\/india\/sbi-cards-11-rise-in-profits\/","url_meta":{"origin":128466,"position":1},"title":"SBI Cards & Payment Services Ltd Q4FY24; 11% rise in Profits","author":"Chirag Gupta","date":"April 26, 2024","format":false,"excerpt":"SBI Cards and Payment Services Limited is a non-deposit accepting systemically important nonbanking financial company registered with the RBI. The Company is engaged in issuing credit cards to consumers in India. It is headquartered in Gurgaon, Haryana. It is a subsidiary of India\u2019s largest commercial bank, the State Bank of\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-65.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-65.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-65.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-65.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-65.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-65.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167440,"url":"https:\/\/alphastreet.com\/india\/sbi-cards-30-fall-in-profits\/","url_meta":{"origin":128466,"position":2},"title":"SBI Cards & Payment Services Ltd Q3FY25; 30% fall in Profits","author":"Chirag Gupta","date":"March 18, 2025","format":false,"excerpt":"SBI Cards and Payment Services Limited is a non-deposit accepting systemically important nonbanking financial company registered with the RBI. The Company is engaged in issuing credit cards to consumers in India. It is headquartered in Gurgaon, Haryana. It is a subsidiary of India\u2019s largest commercial bank, the State Bank of\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-10.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-10.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-10.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-10.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-10.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-10.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":135116,"url":"https:\/\/alphastreet.com\/india\/story-behind-sbi-life-insurance-co-q2fy23-results\/","url_meta":{"origin":128466,"position":3},"title":"Story Behind SBI Life Insurance Co. Q2FY23 Results","author":"Karan_Singh","date":"October 25, 2022","format":false,"excerpt":"\u201cWe have registered a 22 percent growth in annual premium equivalent (APE) YoY to Rs 6,830 crore, and 53 percent YoY increase in value of new business to Rs 2,120 crore with value of new business margin rising by more than 6 percentage points to 31% in half year ended\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-869375868.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-869375868.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-869375868.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-869375868.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":155392,"url":"https:\/\/alphastreet.com\/india\/sbi-life-insurance-company-ltd-q2fy24-1-rise-in-profits\/","url_meta":{"origin":128466,"position":4},"title":"SBI Life Insurance Company Ltd Q2FY24; 1% rise in Profits","author":"Chirag Gupta","date":"October 27, 2023","format":false,"excerpt":"SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. It was started as a Joint-venture between State Bank of India and BNP Paribas Cardif S.A. Financial Results: SBI Life Insurance Company Ltd reported Revenues for Q2FY24 of \u20b928,805.00 Crores up from \u20b927,717.00 Crore year\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155421,"url":"https:\/\/alphastreet.com\/india\/sbi-cards-15-rise-in-profits\/","url_meta":{"origin":128466,"position":5},"title":"SBI Cards & Payment Services Ltd Q2FY24; 15% rise in Profits","author":"Chirag Gupta","date":"October 27, 2023","format":false,"excerpt":"SBI Cards and Payment Services Limited is a non-deposit accepting systemically important nonbanking financial company registered with the RBI. The Company is engaged in issuing credit cards to consumers in India. It is headquartered in Gurgaon, Haryana. It is a subsidiary of India\u2019s largest commercial bank, the State Bank of\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-152.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-152.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-152.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-152.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-152.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-152.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1796"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128466"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128466\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}