SBI Market Cap: Amidst India’s growing economy and ongoing development, another relief news is coming out. State Bank of India (SBI), the country’s largest government bank, has crossed the business figure of Rs 100 lakh crore. The next target of the bank is to join the list of top 10 most valuable banks in the world by the year 2030.

Due to which the place and dominance of Indian banking will be established in the whole world. RBI is also continuously taking steps to reform the banking sector. Information has been given by SBI that the aim of the bank is to further increase its value and necessary steps are being taken for this.

SBI Chairman’s statement

SBI Chairman CS Setty has informed that, in terms of market cap, SBI is one of the largest government assets in the country. At the same time, the aim of the bank is to continuously increase its value. The chairman said that we have earned well in the last few years. Still our capital ratio is lower than many other banks. We have set a target of making CAR 15 percent and CET-1 12 percent. Which is a combination of a strong capital lever according to future needs.

CS Setty further said that capital has never hindered the growth of the bank. The profit of the bank has increased in the last 4-5 years, due to which the capital of the bank has also increased. As chairman, SBI has growth-supporting capital of Rs 6 to 7 trillion.

SBI touched $100 billion market cap

On the fourth trading day of the week, the market capitalization of SBI crossed 100 billion dollars, due to which it joined the list of big companies like HDFC Bank, TCS, Reliance, Airtel and ICICI Bank. In the September quarter, the net profit of the bank increased by 10 percent and crossed the figure of Rs 20,160 crore.

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Bank credit falls in metropolitan branches: Till now it was believed that due to different needs, people of cities are taking loans from banks. It was the perception that people take a loan and spend most of their earnings only on repaying their EMI. But, the recent report of RBI has come, it is completely opposite.

That is, there is now a big change in the loan amount given by the bank. The RBI report has revealed that during the last five years, the share of loans in metropolitan branches from different branches of the bank has come down from 63.5 percent to 58.7 percent, while bank loans have increased rapidly from village to semi urban and urban areas.

Decrease in bank loan in metros

According to the RBI report, the branches of the bank built inside the village and the town have performed much better in terms of loan. However, despite the decline in loans, bank branches in metros have increased by 11.7 percent as an annual deposit, while in rural, 10.1 percent and 8.9 percent in semi -urban, while urban centers have increased at the rate of 9.3 percent.

The growth rate of bank loan, which was 15.3 percent during the last five years, has come down to 11.1 percent of the range of financial year 2024-25. Apart from this, five years ago, where the deposit rate was 13 percent, it has now come down to 10.6 percent.

Decreased savings deposit share

Along with this, due to high interest rate on fixed deposits, where two years ago, the share was 33 percent, while it has come down to 30.8 percent a year ago and now it has come down to 29.1 percent.

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Rbi on investment in india: Amid the uncertainties in the global market, the Reserve Bank of India (RBI) Governor Sanjay Malhotra has asked the US industry to invest in India. He emphasized that India remains the fastest growing economy with policy stability and certainty. Along with this, he said that India’s banking sector with better balance sheet, touring cash and capital buffer is ready to fulfill the requirements related to investments in the industry.

On Friday, Malhotra said in a program by the Confederation of Indian Industry Confederation (CII) and the US India Strategic Partnership Forum (USISPF) that despite increasing uncertainty and volatility in global financial markets, India is expected to increase 6.5 percent during the current financial year.

Backing sector ready to help industry

The RBI Governor further said that at a time when many advanced economies are facing economic challenges and deteriorating economic scenario, India is showing strong growth and stability. In such a situation, it has become a natural option for investors looking for long -term value and opportunity. ”

He said that India remains a “monetary, financial, political and policy stability, favorable business environment, and a strong economic foundation supported.” The RBI Governor further said that we have a chance to shape the future simultaneously – not only for India but for a better world. I invite you to be a part of this journey, cooperate, innovate and invest in India. ”

Better chance for investment

Sanjay Malhotra further said that foreign investors continue to trust in India and the indication of this is also known by the increase in gross direct foreign investment in the country. He said that gross direct foreign investment in India rose to $ 75.1 billion from April to February 2024 to February of 2025, which was about $ 65.2 billion in the period of a year ago. In addition, the RBI also hoped to be 6.5 percent of the domestic economic growth rate.

The RBI Governor said that this is less than in recent years. India is not in accordance with expectations but it is the fastest growth rate compared to major global economies.

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