State Bank of India (SBI) is planning to focus on digital agenda and forge partnerships with fintech firms and NBFCs to increase the penetration and reach of the bank. Despite the challenges posed by the operating environment, the bank today has a better loss-absorbing capability. The bank’s risk management practices have delivered better results, especially in containing the slippages, and it is comfortably placed in terms of growth capital in the current year. Going forward, the bank’s business will depend upon the evolving geopolitical situation and its impact on global commodity prices and logistics.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
