State Bank Of India

State Bank of India (SBI) has crossed the Rs 5 trillion-mark in its home loan business. The real estate and housing business (REHBU) unit of the bank has grown five times in the last 10 years with an asset under management (AUM) of Rs 89,000 crore in 2011 to Rs 5 trillion in 2021.

The bank is also working on various digital initiatives to improve the efficiencies in home loan delivery, including a unique integrated platform Retail Loan Management System (RLMS) which will provide an end-to-end digital solution. The bank is looking at achieving a home loan AUM of Rs 7 trillion by FY 2024.

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.