How has been the historical performance of SBI?
SBI has shown consistent growth in key financial metrics from March 2019 to March 2025, with significant increases in interest earned, total income, net interest income, and profits, reflecting a strong operational foundation and stability. Total assets and cash equivalents also rose substantially during this period.
Answer:The historical performance of SBI shows a consistent upward trend in key financial metrics over the years leading up to March 2025.Breakdown:
SBI's interest earned has increased significantly from INR 2,57,323.59 crore in March 2020 to INR 4,62,489.36 crore in March 2025, reflecting strong growth in income from investments and advances. The total income also rose from INR 2,79,643.54 crore in March 2019 to INR 5,24,172.42 crore in March 2025. Net interest income followed a similar upward trajectory, climbing from INR 88,348.87 crore in March 2019 to INR 1,66,965.14 crore in March 2025. Profit before tax surged from INR 1,607.48 crore in March 2019 to INR 95,271.27 crore in March 2025, with profit after tax also showing a robust increase from INR 862.23 crore to INR 70,900.63 crore over the same period. The bank's total assets grew from INR 39,59,494.87 crore in March 2020 to INR 66,91,090.85 crore in March 2025, while total liabilities increased from INR 39,59,494.87 crore to INR 66,91,090.85 crore. Cash and cash equivalents saw a notable rise, reaching INR 340,229 crore by March 2025, up from INR 251,097 crore in March 2020. Overall, SBI's financial performance demonstrates significant growth and stability across various metrics, indicating a strong operational foundation.
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