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CHAPTER- V
STRUCTURE AND ROLE OF SBI AND ITS ASSOCIATE BANKS IN SOCIO-ECONOMIC DEVELOPMENT
The present chapter highlights the Structure and Role of SBI and its
Associate Banks in Socio-Economic Development. The State Bank of India is
the biggest commercial bank in whole of Asia. It occupies a unique place in
the Indian money market as it commands more than one third of India’s bank
resources.1 Public have enormous faith in State Bank of India because of its
dedicated services. The State Bank of India plays a pivotal role in the sphere
of establishing an egalitarian society. For this purpose, it has amended its
lending policies in such a way as to provide adequate availability of credit to
neglected sectors of the economy and to those who do not have easy access
to credit. The State Bank of India’s contribution to process of economic
development is based upon social justice.
SBI is comparable to world class banks due to strong capital base and
expenses-to-income ratio in liberalized era. The State Bank of India is India’s
largest commercial bank and is ranked one of the top five banks worldwide. It
serves 90 million customers through a network of 9000 branches. A wide and
diversified range of banking services is offered by SBI and its associate. SBI
bank has 52 foreign offices in 34 countries.
As per socio-economic environment of India, SBI is paying more
attention to under-developed and neglected sector of the economy. It
contributes towards removal of large number of socio-economic problems
such as the removal of poverty, creation of more employment opportunities
and removing inequalities in income distribution.
ANALYSIS OF STRUCTURE OF SBI AND ITS ASSOCIATE BANKS
This chapter has analysed the structure of State Bank of India and its
associates under following sub heads: Structure of Balance Sheet Items of SBI and its associates Table 5.1 indicates that the capital base of the entire banking industry
excluding regional rural banks for the year 2009-10 was Rs. 48647.67 Cr. 1 Patnaik U.C. & Patnaik Manoj, "Profitability in Public Sector Banks", Sonali Publications, New
Delhi, 2005, p. 53.
Formatted: Indent: First line: 0.5", SpaceAfter: 0 pt, Line spacing: 1.5 lines, Don'tadjust space between Latin and Asian text
c 119 C
Foreign Banks has 62.81 percent of the capital base of entire banking
industry. It is followed by Public Sector Banks having 27.84 percent of capital
base. SBI has 1.305 percent and SBG has 2.269 percent of capital base. It
can be concluded that foreign banks are leaders in terms of capital base of
the entire banking industry. In terms of reserves & surplus PSBs are leading
with Rs. 227456.18 Cr. which is 59.63 percent of the entire banking Industry
and are followed by PBs and SBG having 30.26 percent and 21.66 percent of
the reserves and surplus of the banking industry. SBI has 17.12 percent and
its associate banks have 4.537 percent of the reserves and surplus. Deposits
form the large financial resource base of the industry. In terms of deposits
PSBs are on the number one position having Rs. 3691801.77 Cr which forms
77.68 percent of total deposits of banks. SBG has 23.32 percent in which
share of SBI is 16.92 percent and that of its associate banks is 6.396 percent.
Borrowings also form the major chunk of liabilities. PSBs have 59.80 percent
of total borrowings followed by PBs and SBG having 28.36 percent and 23.17
percent. FBs have meagre borrowings of 1.184 percent. Table 5.1
Structure of Balance Sheet Items of SBI & its Associates for the year 2009-10.
Bank/Item Capital Reserves &
Surplus Deposits Borrowings Investments Advances
Amount Percent Amount Percent Amount Percent Amount Percent Amount Percent Amount Percent
SBI 634.88 1.305 65314.32 17.12 804116.23 16.92 103011.60 0.196 285790.07 16.62 631914.15 18.07 Associates of SBI 469.00 0.964 17307.41 4.537 303969.38 6.396 18555.71 3.536 91867.77 5.344 22684.06 6.471
SBBJ 50.00 0.103 2367.40 0.621 46058.84 0.969 2975.06 0.567 13600.51 0.791 35222.55 1.007
SBH 20.75 0.0426 4243.75 1.112 72970.72 1.535 4838.42 0.922 24008.52 1.397 53040.07 1.517
SBIN 17.50 0.0359 1824.05 0.478 30624.48 0.644 1796.43 0.342 8575.25 0.499 23677.08 0.677
SBM 36.00 0.074 2629.29 0.689 38880.00 0.818 2274.01 0.433 11494.41 0668 29535.86 0.845
SBP 294.75 0.606 3452.36 0.905 64551.94 1.358 3421.64 0.652 18165.11 1.057 46347.23 1.327
SBS - - - - - - - - - - - -
SBT 50.00 0.103 2790.58 0.732 50883.39 1.071 3250.15 0.619 16023.99 0.932 38461.26 1.099
SBG 1103.88 2.269 82621.73 21.66 1108085.61 23.32 121567.31 23.17 377657.84 21.97 858198.21 24.54
NBs 11714.93 24.08 135396.06 35.49 2416049.09 50.84 144537.23 27.54 754779.29 43.90 1704899.81 48.75
PSBs 13543.67 27.84 227456.18 59.63 3691801.77 77.68 313814.02 59.80 1205782.60 70.14 2701299.88 77.25
PBs 4549.00 9.351 115435 30.26 822801.00 17.31 148803.00 28.36 354117.00 20.59 632494 18.09
FBs 30555.00 62.81 38584 10.11 237853.00 5.004 62146.00 1.184 159286.00 9.265 163260 4.669
All Banks 48647.67 100.00 381475.18 100.00 4752455.7 100.00 524763.02 100.00 1719185.6 100.00 3497053.8 100.00 Source: 1) Performance Highlights of Public Sector Banks, 2009-10, Indian Bank’s
Association, Mumbai. 2) Statistical Tables Relating to Banks in India, 2009-10, RBI, Mumbai.
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SBI has 0.196 percent whereas associate of SBI has 3.536 percent.
Advances and Investments form the supply side of the banking business.
PSBs have 70.14 percent and 77.25 percent of the investments and advances
of the entire banking industry. It is followed by PBs and SBG. SBI has 16.62
percent of investments and 18.07 percent of advances of the banking
industry. The behaviour of investments and advances of the various
categories of banks is almost the same.
Earning structure of SBI and its associates
Table 5.2 indicates that the major items of earnings of banking industry
are interest earned, interest/discount on advances, income on investment,
Commission, Exchange & Brokerage and other income. PSBs have 71.79
percent of the total income followed by PBs having 20.85 percent. SBI has
17.39 percent and associate of SBI has 6.147 percent of total income. Among
the Associates of SBI, State Bank of Indore (SBIN) has the lowest income that
0.629 percent and State Bank of Hyderabad (SBH) has the highest total
income that 1.452 percent. Comparison of interest earned and other income
figures reveals that SBI has more of income from other sources that is 19.06
percent and less of interest earnings that is 17.08 percent. On the other hand
Associates of SBI, NBs, PSBs, PBs and FBs have more of interest earnings
and less of income from other sources. SBI has 16.98 percent of income on
investment and it has 23.45 percent from commission, exchange & brokerage.
Associate of SBI has 6.485 percent of interest earnings and 4.363 of other
income. PSBs have 73.72 percent of interest earnings and 61.63 percent of
other income. Total income of the PSBs is 71.79 percent of the entire banking
industry.
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Table 5.2 Earning Structure of SBI & its Associates in the year 2009-10
Bank/Item
Interest Earned Interest/Discount Income on Investment
Comm. Exch. & Brokerage Other Income Total Income
Amount Percent Amount Percen
t Amount Percent Amount Percen
t Amount Percent Amount Percen
t
SBI 70993.92 17.08 46404.71 16.54 17736.30 16.98 9640.86 23.45 14968.15
19.06 85962.07 17.39
Associates of SBI
26959.74 6.485 19498.41 6.949 5834.22 5.584 2347.92 5.711 3425.50 4.363 30385.24 6.147
SBBJ 3977.22 0.957 2989.43 1.065 849.94 0.814 450.88 1.097 582.68 0.742 4559.90 0.923
SBH 6334.12 1.524 4201.20 1.497 1521.26 1.456 538.92 1.311 841.33 1.071 7175.45 1.452 SBIN 27360.10 0.658 2105.40 0.750 574.77 0.550 230.29 0.560 373.38 0.476 3109.47 0.629 SBM 3558.92 0.856 2528.64 0.901 773.90 0.741 323.85 0.788 425.72 0.542 3984.64 0.806 SBP 5975.27 1.437 4500.35 1.604 1156.45 1.107 472.06 1.148 674.44 0.859 6649.71 1.345 SBS - - - - - - - - - - - - SBT 4378.12 1.053 3173.40 1.131 957.90 0.917 331.92 0.807 527.96 0.672 4906.08 0.993
SBG 97953.66 23.56 65903.13 23.49 23570.51 22.56 11988.78
29.16 18393.66
23.43 116347.31
23.54
NBs 193262.00
46.48 129496.43
46.15 46767.66 44.76 9098.79 22.13 27703.42
35.28 220965.42
44.71
PSBs 306488.29
73.72 204456.63
72.87 74562.32 71.37 22313.01
54.27 48388.03
61.63 354876.32
71.79
PBs 82874.00 19.93 59701.00 21.28 20661.00 19.78 12237.00
29.76 20180.00
25.70 103054.00
20.85
FBs 26390.00 6.348 16416.00 5.851 9254.00 8.857 6563.00 15.96 9951.00 12.67 36341.00 7.352
All Banks 415752.29
100.00 280573.63
100.00 104477.32
100.00 41113.01
100.00 78519.03
100.00 494271.32
100.00
Source: 1) Performance Highlights of Public Sector Banks, Indian Banking Association, Mumbai.
2) Statistical Tables Relating to Banks in India, 2009-10, RBI, Mumbai. Expenditure structure of SBI and its associates
Table 5.3 shows that the major items of expenditure of the banking
industry are interest expended, interest on deposits, establishment expenses,
operating expenses. Total Expenditure including provisions and contingencies
of the entire banking industry is Rs. 409541.38 Cr for the period 2009-10. The
share of PSBs is 77.07 percent and that of PBs and FBs is 18.04 percent and
4.893 percent respectively. SBI has 18.75 percent of total expenditure
whereas Associates of SBI has 6.662 percent of total expenditure. Share of
interest expended by SBI is 17.39 percent and that of Associates of SBI is
6.949 percent. Share of SBI in total expenditure is more than PBs and FBs.
Establishment expenses relates to expenditure on salaries and other
allowances paid to the staff. Operating expenses includes establishment
expenses, rent taxes & Lighting, printing & stationary, Advertisement &
publicity, depreciation, insurance etc. Establishment expenses as percentage
of that of entire banking industry is same for SBI and NBs that is 23.12
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percent PSBs incur major share on establishment expenses that is 74.38
percent. Associate of SBI has 5.101 percent, PBs has 17.07 percent and FBs
has 8.529 percent of total establishment expenses. Operating expenses of
SBI are less than PBs that is 20.37 percent and 22.73 percent respectively.
PSBs incur 66.14 percent of total operating expenses. Among Associates of
SBI, share of SBIN is lowest that 0.509 percent whereas that of SBH is
highest that is 0.986 percent. As far as establishment expenses and operating
expenses are concerned same behaviour is observed as in case of total
expenditure among Associates of SBI.
Table 5.3 Expenditure Structure of SBI & its Associates in the Year 2009-10.
Bank/ Item Interest Expended Interest on Deposits Establishment
Expenses Operating Expenses Total Expenditure
Amount Percent Amount Percent Amount Percent Amount Percent Amount Percent SBI 47322.48 17.39 43334.29 17.89 12754.65 23.12 20318.68 20.37 76796.02 18.75 Associates of SBI
18906.03 6.949 17491.16 7.224 2813.63 5.101 4880.49 4.892 27118.68 6.662
SBBJ 2765.69 1.016 2587.48 1.069 501.82 0.9097 890.47 0.893 4104.73 1.002 SBH 4470.88 1.643 4139.82 1.709 602.56 1.092 983.78 0.986 6352.74 1.551 SBIN 1928.10 0.7086 1758.84 0.726 258.88 0.469 508.14 0.509 2801.70 0.684
SBM 2322.36 0.854 2098.22 0.867 418.26 0.758 724.88 0.727 3538.87 0.864 SBP 4441.05 1.632 4161.63 1.719 500.57 0.9074 900.95 0.903 6098.82 1.489 SBS - - - - - - - - - - SBT 2977.94 1.094 2745.17 1.134 531.54 0.9636 872.27 0.874 4221.81 1.031 SBG 66228.51 24.34 60825.44 25.12 15568.27 28.22 25199.17 25.26 103914.70 25.37 NBs 132706.34 48.77 123132.12 50.85 12754.65 23.12 38960.73 39.05 195172.24 47.66 PSBs 211940.06 77.89 193140.72 79.77 41031.54 74.38 65991.32 66.14 315619.38 77.07
PBs 51206.00 18.82 41766.00 17.25 9427.00 17.07 22676.00 22.73 73882.00 18.04 FBs 8938.00 3.285 7230.00 2.896 4705.00 8.529 11102.00 11.13 20040.00 4.893 All Banks 272084.06 100.00 242136.72 100.00 55163.54 100.00 99769.32 100.00 409541.38 100.00
Source: 1) Performance Highlights of Public Sector Banks, Indian Banking Association, Mumbai.
2) Statistical Tables Relating to Banks in India, 2009-10, RBI, Mumbai.
Structure of main financial results
Table 5.4 shows structure of main financial results and indicate
parameters such as total income, total expenditure, operating profit,
provisions & Contingencies, Net profit. In terms of total income the share of
SBI in the total industry in the year 2009-10 is to the tune of 18.12 percent.
The share of Associates of SBI is 6.147 percent. The share of PSBs, PBs and
FBs is 71.79 percent, 20.85 percent and 7.352 percent respectively. The
behaviour of total expenditure is more or less the same as that of total
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income. The major chunk of profits goes to PSBs that is 68.74 percent of the
entire banking industry. It is followed by PBs having 22.96 percent of share of
profits and share of SBI is 16.05 percent. Share of Associate banks is 5.719
percent and among these share State bank of Hyderabad is highest that is
1.441 percent. Share of Foreign banks in the total net profit of the industry is
8.302 percent. As compared to income and expenditure shares the share of
foreign banks is slightly higher that is indicative of their better efficiency.
Share of other group of banks that SBI, Associates of SBI, PSBs, PBs and
FBs in income and expenditure is higher than share of net profits which is
indicative of inefficiency on part of banking groups. Table 5.4
Structure of Main Financial Results in Year 2009-10.
Bank/ Item Total Income Total Expenditure Operating Profit Provisions &
Contingencies Net Profit
Amount Percent Amount Percent Amount Percent Amount Percent Amount Percent
SBI 85962.07 18.12 67358.00 16.45 18320.91 14.97 9154.86 14.02 9166.05 16.05 Associates of SBI 30385.24 6.147 27118.68 6.622 6598.73 5.390 3332.16 5.102 3266.56 5.719
SBBJ 4559.90 0.9225 4104.73 1.002 903.73 0.738 448.57 0.687 455.16 0.797
SBH 7175.45 1.452 6352.74 1.551 1720.79 1.406 898.08 1.375 822.71 1.441
SBIN 3109.47 0.629 2801.70 0.6841 673.23 0.549 365.46 0.559 307.77 0.538
SBM 3984.64 0.806 3538.87 0.8641 937.40 0.766 491.63 0.753 445.77 0.781
SBP 6649.71 1.345 6098.82 1.489 1307.71 1.068 756.82 1.159 550.89 0.965
SBS - - - - - - - - - -
SBT 4906.08 0.993 4221.81 1.031 1055.87 0.863 371.60 0.568 684.27 1.198
SBG 116347.31 23.54 103914.70 25.37 24919.64 20.36 12487.02 19.12 12432.62 21.77
NBs 220965.42 44.71 195172.24 47.66 49298.84 40.27 23505.66 35.99 25793.18 45.16
PSBs 354876.32 71.79 315619.38 77.07 76945.42 62.85 37688.49 57.71 39256.93 68.74
PBs 103054.00 20.85 73882.00 18.04 29173.00 23.83 16061.00 24.59 13111.00 22.96
FBs 36341.00 7.352 20040.00 4.893 16301.00 13.32 11560.00 17.70 4741.00 8.302
All Banks 494271.32 100.00 409541.38 100.00 122419.42 100.00 65309.49 100.00 57108.93 100.00
Source: 1) Performance Highlights of Public Sector Banks 2009-10, Indian Banking Association, Mumbai.
2) Statistical Tables Relating to Banks in India, 2009-10, RBI, Mumbai.
Employment structure of SBI and its associates
Table 5.5 shows employment structure of SBI & its Associates in year
2009-10. In terms of manpower, 77.77 percent of the total employment of
industry is with PSBs of which 61.46 percent are officers, 93.56 percent are
clerks and 93.50 percent belong to sub-staff category. PBs has 19.29 percent
and foreign banks have only 2.937 percent of the total staff of the industry.
SBI have 21.20 percent of the total staff of industry which is higher than that
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of PBs and FBs. 15.02 percent of the total staff of SBI are officers and 27.38
percent are clerks and 26.91 percent belong to sub-staff category.
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Table 5.5 Employment Structure of SBI & its Associates in Year 2009-10.
Bank/ Item Total Staff Officers Clerks Sub Staff
Number Percent Number Percent Number Percent Number Percent SBI 200299 21.20 70622 15.02 87356 27.38 42321 26.91 Associates of SBI 67033 7.096 23972 5.098 29667 9.297 13394 8.515 SBBJ 12356 1.308 4570 0.972 4830 1.514 2956 1.879 SBH 13597 1.439 5137 1.092 6002 1.881 2458 1.563 SBIN 6368 0.674 2474 0.526 2762 0.866 1132 0.719 SBM 10111 1.070 3158 0.672 4678 1.466 2275 1.446 SBP 12409 1.314 4451 0.947 5611 1.759 2347 1.492 SBS - - - - - - - - SBT 12192 1.291 4182 0.889 5784 1.813 2226 1.415 SBG 267332 28.30 94594 20.12 117023 36.67 55715 35.42 NBs 455049 48.17 184812 39.30 180056 56.43 90181 57.33 PSBs 734594 77.77 289004 61.46 298517 93.56 147073 93.50 PBs 182284 19.29 155394 33.05 19151 6.002 7739 4.920 FBs 27742 2.937 25848 5.497 1410 0.442 2484 1.579 All Banks 944620 100.00 470246 100.00 19078 100.00 157296 100.00 Source: 1) Performance Highlights of Public Sector Banks, 2009-10, Indian Banking
Association, Mumbai. 2) Statistical Tables Relating to Banks in India, 2009-10, RBI, Mumbai.
Population wise distribution of branches of SBI and its associates Structure of market reach is measured by total number of branches of
various groups of banks and is indicated in Table 5.6. PSBs has widespread
network of branches having 85.31 percent of total branches of banking
industry. SBI has 17.96 percent of total branches of industry which is higher
than that of PBs and FBs. PBs has 14.25 percent whereas FBs has very
meagre share that is only 0.435 percent. Table 5.6
Population-wise Distribution of Branches of SBI & its Associates in the Year 2009-10.
Bank/ Item Total Branches Rural Semi-Urban Urban Metropolitan
Number Percent Number Percent Number Percent Number Percent Number Percent SBI 12638 17.96 4745 22.27 3645 20.32 2240 13.81 1866 12.78 Associates of SBI
4841 6.881 1271 5.965 1607 8.958 1064 6.559 899 6.157
SSBJ 861 1.224 297 1.394 242 1.349 157 0.968 165 1.130 SBH 1185 1.684 317 1.488 376 2.096 277 1.708 215 1.473 SBIN 472 0.671 120 0.563 142 0.792 87 0.536 123 0.842 SBM 689 0.979 215 1.009 139 0.775 148 0.912 187 1.281 SBP 886 1.259 273 1.281 240 1.338 235 1.448 138 0.945 SBS - - - - - - - - - - SBT 748 1.063 49 0.229 468 2.609 160 0.986 71 0.486 SBG 17479 2.484 6016 28.24 5252 2.928 3304 20.37 2765 18.94 NBs 41833 59.46 14011 65.76 9500 52.96 9548 58.87 8628 59.09 PSBs 60021 85.31 20100 94.34 14896 83.04 13133 80.97 11603 79.47 PBs 10027 14.25 1201 5.637 3037 16.93 3027 18.66 2762 18.92 FBs 306 0.435 5 0.023 6 0.033 60 0.369 235 1.609 All Banks 70354 100.00 21306 100.00 17939 100.00 16620 100.00 14600 100.00
Source: Performance Highlights of Public Sector Banks, 2099-10. Statistical Tables Relating to Banks in India, 2009-10, RBI, Mumbai.
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Of the 17.96 percent of total branches of SBI, 22.27 percent is in rural
areas, 20.32 percent in semi-urban, 13.81 percent in urban and 12.78 percent
in metropolitan. It means largest proportion of total number of branches of SBI
is located in rural areas. Highest proportion of branches of PSBs in rural,
semi-urban, urban and metropolitan areas is indicative of the fact that PSBs
has spread through the entire length and breadth of the country. Foreign
Banks being new entrants have only total 306 branches. Structure of select financial parameters of SBI and its associates
A table 5.7 show that among various groups of banks, Credit deposit
ratio of SBI is highest that is 78.58 percent. Associate of SBI has 74.44
percent and that of NBs is 71.34 percent. Business per employee of SBI is
Rs. 636.00 lacs and that of Associates of SBI is Rs. 735 lacs and that of NBs
is Rs. 1229.57 lacs. Profit per Employee in case of SBI is Rs. 4.46 lacs and
that of Associates of SBI is 4.71 lacs. In case of NBs profit per employee is
Rs. 6.88 Cr whereas in case of PSBs it is Rs. 6.72 Cr. Table 5.7
Structure of Select Financial Parameters of SBI & its Associates as on March 31, 2010.
(Percent)
Bank/ Item
CRAR Basel-I
Credit Deposit Ratio (CDR)
Deposits per
employee (Amt. In
Rs. Lacs)
Advances per
employee (Amt. In
Rs. Lacs)
Business per
employee (Amt in
Rs. Lacs)
Profit per employee
(Amt in Rs. Lacs)
Net Profit as %
to Assets
Spread as %
to Assets
Return on
Assets (ROA)
Net NPAs/ Net
Advances
Est. Expenses as % to
total expenses
Int. Income as %
to AWF
Non-Int.
Income as %
to AWF
Operating Profit as % to
AWF
SBI 12 78.58 401.46 315.49 636.00 4.46 0.87 2.25 0.88 1.72 16.61 6.80 1.75 1.75
Associates of SBI - 74.44 453.46 337.57 735.00 4.71 0.91 2.24 1.00 0.90 10.38 8.17 1.99 1.99
SBBJ 11.94 76.47 372.77 285.06 627.67 3.96 0.84 2.24 0.93 0.77 12.23 8.10 1.84 1.84
SBH 13.71 72.69 536.67 390.09 755.62 5.58 0.93 2.10 1.03 0.55 9.49 7.93 2.15 2.15
SBIN 12.08 77.31 480.91 371.81 763.51 4.83 0.87 2.28 0.91 1.13 9.24 8.09 1.98 1.98
SBM 12.12 75.97 384.53 292.12 672.00 4.41 0.98 2.72 1.06 1.02 11.82 8.45 2.23 2.23
SBP 12.45 71.80 520.20 373.50 895.21 4.45 0.72 2.02 0.79 1.04 8.21 8.42 1.81 1.81
SBS - - - - - - - - - - - - - -
SBT 11.89 75.89 417.35 315.46 696.00 5.00 1.15 2.36 1.26 0.91 12.59 8.05 1.94 1.94
SBG 12.70 77.45 414.50 321.02 752.89 4.83 0.88 2.25 0.91 1.50 14.98 8.19 1.99 2.02
NBs 12.10 71.34 530.94 374.66 1229.57 6.88 0.92 2.17 1.00 0.91 12.66 7.90 1.92 1.92
PSBs 12.30 73.17 502.20 367.73 1466.63 6.72 0.88 2.13 0.97 1.10 13.00 7.94 1.77 1.77
Source: Performance Highlights of Public Sector Banks, 2009-10, Indian Banking Association, Mumbai.
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ROLE OF SBI & ITS ASSOCIATE BANKS IN SOCIO-ECONOMIC DEVELOPMENT
In modern economy, bankers are not to be considered merely as
dealers in money but more realistically the lenders in development.
Commercial banks have huge investment potentiality. They can make
remarkable contribution in eradication of poverty, unemployment and can
assist in reducing inter-regional, inter-state and inter-sectoral disparities
through rapid expansion of banking services. Banks play a pivotal role in
providing crucial services to the people belonging to the various sectors of the
economy like agriculture, industry and to the tertiary sector. Credit is an
essential ingredient for giving impetus to economic development. Banks
ensure that finance is directed into socially desirable channels.
Prior to nationalisation of commercial banks, these banks were mostly
profit oriented and were least bothered about the developmental needs of the
economy. But after nationalisation, banks have become harbingers of socio-
economic development. They are now paying more attention to sectors
referred as priority sectors. Priority sectors include agriculture, small scale
industries, professional and self-employed persons, education, road & water
transport operators, weaker sections of the society, retail traders and small
business.
This chapter has analysed the role of SBI and its associate banks in
socio-economic development under following sub heads. Financing of Agriculture
Agriculture is the key occupation of the country. Development of the
country largely depends on agriculture. Commercial banks plays key role in
financing of agriculture. State Bank of India being premier banking institution
in the country was pioneer in the field of agriculture financing. Distribution of
Outstanding Advances to Agriculture is given in Table 5.8. In case of Public
sector Banks average distribution of outstanding Advance to Agriculture is
Rs.178747.33 Cr of which share of State Bank Group is Rs.56540.11 Cr and
Nationalized Banks is Rs.56540.11 Cr. Contribution of State Bank of India to
agriculture in average terms is Rs.38564.22 Cr. Standard deviation is higher
in case of public sector banks indicating high variability and less in case of
state bank group indicating more uniformity among associates of SBI, it is low
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in case of State Bank of Saurashtra indicating high degree of uniformity and it
is high in case of Hyderabad indicating more variability. Coefficient of variation
indicates a fair level of consistency in distribution of outstanding Advances to
Agriculture. Growth rate Analysis indicates that in case of Public sector banks
comes to be 27.02 per annum during the last decade and in case of
Nationalized Banks is 26.93 and in case of State Bank Group is 27.21. This
indicates that growth rate is higher in case of State Bank of India and comes
to be 28.60. Among Associates of SBI, highest growth rate is observed in
case of State Bank of Mysore and comes to be 30.98. Hence growth rate is
favourable among all groups of banks. Growth rate is most satisfactory in
case of State Bank of Mysore and satisfactory in case of State Bank of India,
State Bank Group, Nationalized Banks and Public sector Banks.
It can be concluded that growth rate in financing of agriculture is
favourable in case of all group of banks. Table 5.8
Distribution of Outstanding Advances to Agriculture (Rs. Cr)
Source: Statistical Tables Relating to Banks in India, RBI, Mumbai, Various issues
Financing of Small Enterprises
Financing of small scale enterprises was the first activity which the
State Bank started after establishment for expanding the scope of its
Year/ Bank SBI Associates
of SBI SBBJ SBH SBIN SBM SBP SBS SBT SBG NBs PSBs
2001-02 12561 6145 942 1056 766 502 1435 803 641 18706 39436 58142
2002-03 15871 7912 1181 1521 953 783 1785 850 839 23783 49724 73507
2003-04 16993 9457 1376 1604 1196 866 2278 973 1164 26451 59646 86097
2004-05 20526 12770 2147 1896 1666 1228 2891 1210 1732 33296 79179 112475
2005-06 30516 17117 2889 2973 2157 1658 3515 1502 2423 47633 106881 154314
2006-07 41661 21759 3755 3799 2645 2181 4491 1937 2951 63419 141672 205091
2007-08 56432 26126 4590 5148 3018 2911 4574 2195 3690 82558 166128 248685
2008-09 69279 26511 4828 6648 3343 3839 5040 - 2813 95790 202147 297937
2009-10 83239 33986 6039 8516 4120 4123 8058 - 3130 117225 255253 372478
Mean 38564.22 17975.89 3083.00 3684.56 2207.11 2010.11 3785.22 1352.86 2153.67 56540.11 122229.56 178747.33
SD 25774.74 9692.59 1821.22 2595.76 1160.06 1345.12 2050.01 546.59 1097.17 35314.46 74586.00 109839.25
CV 66.84 53.92 59.07 70.45 52.56 66.92 54.16 40.40 50.94 62.46 61.02 61.45
CAGR 28.60 24.26 27.60 30.13 23.80 30.98 21.84 19.97 23.81 27.21 26.93 27.02
c 129 C
operations to include priority sector. The financing schemes of Banks are so
designed as to help the small units in their working and also to expand their
size. Over the years, the Public sector Banks including Nationalized Banks
and State Bank Group has been providing financial assistance to small scale
industries with growing emphasis on assisting village and cottage industries.
Distribution of Outstanding Advances to Small Enterprises is given in Table
5.9. In case of Public sector Banks average distribution of outstanding
Advances to Small Enterprises is Rs. 115375.33 Cr. of which share of
Nationalized Banks is Rs. 80710.67 Cr and that of State Bank Group is Rs.
34664.67 Cr. Contribution of State Bank of India to small enterprises in
average terms is Rs, 22524.67 Cr and that of Associates of SBI is Rs.
13251.22 Cr. Standard deviation is higher in case of public sector banks
indicating high variability and less in case of State Bank group indicating more
uniformity. Among associates of SBI it is low in case of State Bank of
Saurashtra indicating high degree of uniformity and it is high in case of State
Bank of Patiala indicating more variability. Coefficient of variation in case of
Nationalized Banks and Public sector Banks is 72.98 and 66.97 respectively
indicating more variability and less consistency. In case of State Bank of
India, Coefficient of variation is 46.44 which indicate more consistency and
less variability. Growth rate Analysis shows that growth rate in case of Public
sector Banks is 23.57 and that in case of Nationalized Banks is 26.02 and
State Bank Group is 18.54. This indicates that growth rate is higher in case of
Nationalized Banks as compared to State Bank Group. Growth rate in case of
State Bank of India is 15.99 and in case of Associates of SBI is 19.97. Among
the Associates of SBI, the growth rate is highest in case of State Bank of
Indore (32.06). This shows that growth rate is most satisfactory in case of
State Bank of Indore, more satisfactory in case of Nationalized Banks and
less satisfactory in case of SBI and its Associates and Public sector Banks. It
can be concluded that growth rate in case of all groups of Banks is favourable
in case of financing of small enterprises. Growth rate is most satisfactory in
case of State Bank of Indore, more satisfactory in case of Nationalized Banks
and less satisfactory in case of SBI and its Associates and Public sector
Banks.
c 130 C
Table 5.9 Distribution of Outstanding Advances to Small Enterprises (Rs. Cr.)
Year/Bank SBI Associates
of SBI SBBJ SBH SBIN SBM SBP SBS SBT SBG NBs PSBs
2001-02 16129 5448 955 917 586 665 978 777 570 21577 32690 54267
2002-03 12393 5641 1111 969 712 562 881 772 634 18034 34953 52987
2003-04 13033 16246 1207 1091 800 547 1092 785 724 19279 38999 58278
2004-05 14865 7135 1418 1245 959 645 1121 925 822 22000 45634 67634
2005-06 18489 8684 1680 1476 1231 808 1323 1239 927 27173 55319 82492
2006-07 22816 10270 1948 1661 1334 1057 1643 1510 1117 33086 71617 104703
2007-08 28046 16836 2912 2888 2703 1783 3328 1503 1719 44882 103769 148651
2008-09 34777 20281 2875 3279 4791 2213 4643 - 2480 55057 135911 190968
2009-10 42174 28720 4580 5442 4555 2476 7805 - 3862 70894 207504 278398
Mean 22524.67 13251.22 2076.22 2107.56 1963.44 1195.11 2534.89 1073.00 1428.33 34664.67 80710.67 115375.33
SD 10460.58 7877.83 1180.92 1507.87 1658.95 757.94 2354.56 338.25 1100.73 18494.60 58898.99 77264.96
CV 46.44 59.45 56.88 71.55 84.49 63.42 92.89 31.52 77.06 53.35 72.98 66.97
CAGR 15.99 19.97 20.53 24.23 32.06 22.60 30.35 14.44 25.82 18.54 26.02 23.57
Source: Statistical Tables Relating to Banks in India, RBI Mumbai, Various issues
Priority Sector Advances
The objective of providing assured financial support to priority sector
was institutionalised with the nationalization of the leading commercial banks
in 1969 and 1980. The formal definition of ‘Priority Sector’ came into
existence in 1972 when retail trade, small business, professional and self
employed persons and education loans were also declared as priority sector
in addition to Small Scale Industries, agriculture and allied agricultural
activities and transport operators. Now housing has also been brought under
the priority sector. According to the benchmark laid down by the RBI, at least
40 percent of the net bank credit of the bank should be to the priority sector,
18 percent to agriculture and 10 percent to the weaker section of the society
as a part of the priority sector. The bank has been all along making sincere
efforts to achieve the benchmark for priority sector advances. Distribution of
Total Advances to Priority Sector is given in table 5.10. Advances to Priority
sector in case of Public sector Banks in terms of average ratio is
Rs.450616.22 Cr. and in case of Nationalized Banks is Rs.306623.78 Cr and
State Bank Group is Rs.143992.56 Cr. Average figure in case of State Bank
of India is Rs. 97071.11 Cr and Associates of SBI is Rs. 46921.33 Cr.
Standard deviation is higher in case of public sector banks indicating high
variability and less in case of state bank group indicting more uniformity.
c 131 C
Among associates of SBI, it is low in case State Bank of Saurashtra indicating
high degree of uniformity and it is high in case of State Bank of Hyderabad
indicating more variability. Coefficient of variation shows fair level of
consistency among Public sector Banks, Nationalized Banks and State Bank
Group. Growth rate Analysis indicates that growth rate in case of Public
sector Banks is 22.98, in case of Nationalized Banks is 23.10 and that of
State Bank Group is 22.75. Growth rate in case of Nationalized Banks is
higher as compared to Public sector Banks and State Bank Group. Growth
rate in case of State Bank of India comes to be 22.91 and in case of
Associates of SBI is 22.44. Among Associates of SBI the highest growth rate
is in case of State Bank of Mysore (26.12). This indicates that growth rate is
most satisfactory in case of State Bank of Mysore and satisfactory in case of
State Bank Group, Nationalized Banks and Public sector Banks. It can be
concluded that growth rate in case of priority sector advances is favourable
among all groups of banks. It is most satisfactory in case of State Bank of
Mysore and satisfactory in case of State Bank Group, Nationalized Banks and
Public sector Banks. Table 5.10
Distribution of Total Advances to Priority Sector (Rs. Cr.)
Year/Bank SBI Associates of SBI SBBJ SBH SBIN SBM SBP SBS SBT SBG NBs PSBs
2001-02 40325 17214 2550 3203 1982 1674 3459 1891 2455 57539 113944 171483
2002-03 51407 26512 4131 4560 3146 2303 5601 2341 4430 77919 167663 245582
2003-04 43709 20839 2913 3942 2459 2018 4127 1992 3388 64548 138549 203097
2004-05 62673 33817 5327 6134 4083 3323 6104 2912 5934 96491 214239 310729
2005-06 82895 45574 6970 8767 5190 4493 8550 3638 7966 128469 281322 409791
2006-07 110373 56397 8421 11295 6153 6063 10310 4523 9632 166770 354411 521180
2007-08 133202 66369 10373 12727 7753 6960 11656 4875 12025 199571 409391 608963
2008-09 160892 71640 11122 14788 10052 8688 13779 - 13211 232532 487235 719767
2009-10 188164 83930 13277 18965 10183 9314 17931 - 14260 272094 592860 864954
Mean 97071.11 46921.33 7231.56 9375.67 5666.78 4981.78 9057.44 3167.43 8144.56 143992.56 306623.78 450616.22
SD 54072.22 23983.19 3821.69 5452.75 3105.89 2904.27 4820.97 1206.51 4388.20 77866.66 166304.00 244086.61
CV 55.70 51.11 52.85 58.16 54.81 58.30 53.23 38.09 53.88 54.08 54.24 54.17
CAGR 22.91 22.44 23.30 25.44 23.65 26.12 21.90 18.53 24.88 22.75 23.10 22.98
Source: Statistical Tables Relating to Banks in India, RBI, Mumbai, Various Issues.
c 132 C
Advances to Weaker Section Weaker section precisely includes Scheduled Castes and Scheduled
Tribes, small and marginal farmers, landless labourers and beneficiaries
under the Swaranjayanti Gram Swarozgar Yojana and DRI scheme. Table
5.11 shows distribution of advances to weaker section. Advances to weaker
section in average terms in case of Public sector Banks is Rs. 93890 Cr and
in case of Nationalized Banks is Rs. 60365.04 Cr and State Bank Group is
Rs. 33524.95 Cr. Average figure in case of State bank of India is Rs.
23638.84 Cr and in case of Associates of SBI is Rs. 13586.10 Cr. Standard
deviation is higher in case of public sector banks indicating high variability and
less in case of State Bank Group indicating more uniformity. Among
associates of SBI, it is low in case of State Bank of Saurashtra indicating high
degree of uniformity and it is high in case of State Bank of Hyderabad
indicating more variability. Coefficient of variation is indicative of fair level of
consistency among State Bank Group, Nationalized Banks and Public sector
Banks. Growth rate Analysis shows that growth rate in case of Public sector
Banks is 29.51, in case of Nationalized Banks is 29.00 and in case of State
Bank Group is 30.52. It indicates that growth rate is slightly higher in case of
State Bank Group. Growth rate in case of State Bank of India is 31.03 and
Associates of SBI is 15.51. Among Associates of SBI, highest growth rate is in
case of State Bank of Hyderabad (36.34). It indicates that growth rate is most
satisfactory in case of State Bank of Hyderabad and satisfactory in case of
State Bank of India, Nationalized Banks and Public sector Banks and low in
case of Associates of SBI. Table 5.11
Distribution of Advances to Weaker Section ( Rs. Cr) Bank/Year SBI Associate
s of SBI SBBJ SBH SBIN SBM SBP SBS SBT SBG NBs PSBs
2001-02 7052 3386 440 771 297 461 767 230 421 10438 18537 28975 2002-03 6644 36999 532 616 391 507 929 259 466 10344 21960 32304 2003-04 9572 4027 577 489 417 572 1251 228 493 13598 27990 41589 2004-05 19732 5467 1088 777 497 843 1489 248 525 25199 38293 63492 2005-06 19883 7170 1527 529 710 1057 2220 419 709 27053 51321 78374 2006-07 21717 9456 2114 1954 1540 1540 321 727 1260 31173 63112 94285 2007-08 28467 14742 2388 3410 1879 1772 2917 665 1711 43209 83726 126935 2008-09 43597 17787 2709 4602 2164 2185 3323 - 2804 61384 105459 166843 2009-10 56085 23241 5077 5368 2224 2580 4545 - 3447 79326 132888 212214
Mean 23638.84 13586.10 1827.8
7 2057.4
4 1124.1
9 1279.6
4 1973.5
5 396.4
5 1315.0
8 33524.9
5 60365.0
4 93890.0
0 SD 16842.1
7 11067.77 1480.63
1918.37 815.67 777.03 1388.2
9 215.7
7 1124.1
6 23853.2
9 39824.4
9 63562.8
4 CV 71.25 81.46 81.00 93.24 72.56 60.72 70.34 54.43 85.48 71.15 65.97 67.70 CAGR 31.03 15.51 35.38 36.34 33.50 26.57 20.32 23.30 33.11 30.52 29.00 29.51 Source: Report on Trend & Progress of Banking in India, RBI, Mumbai, various issues
c 133 C
Total Priority Sector Advances of Net Bank Credit of SBI & its Associates
Total Priority Sector Advances of Net Bank Credit of SBI and its
Associates is given in table 5.12. For priority sector advances as percentage
of net bank credit target is fixed at 40 percent. Total priority sector Advances
as percentage of Net Bank Credit in case of Public sector Banks is 43.21
percent, in case of Nationalized Banks is 43.48 percent and State Bank Group
is 40.40 percent. In case of State Bank of India is 39.69 percent and
Associates of SBI is 42.08 percent. Public sector Banks, Nationalized Banks,
State Bank Group has been able to achieve the target whereas the average
figure in case of State Bank of India is slightly less than the target of 40
percent. It comes to be 39.69 percent. Standard deviation is higher in case of
nationalised banks indicating high variability and less in case of State Bank
group indicating more uniformity. Among associates of SBI, it is low in case
of State Bank of Saurashtra indicating high degree of uniformity and it is high
in case of State Bank of Travancore indicating more variability. Coefficient of
variation is high in case of Nationalized Banks indicating more variability and
less consistency. It is low in case of State Bank Group and Public sector
Banks indicating less consistency and more variability. Growth rate Analysis
shows growth rate in case of Public sector Banks is 0.41 and in case of State
Bank Group and Nationalized Banks growth rate is negative. It comes to be -
0.53 and -0.27 respectively. In case of State Bank of India growth rate comes
to be 0.92 and it is negative in case of Associates of SBI it is -2.45.Among
Associates of SBI, growth rate is negative except in case of State Bank of
Indore. This indicates that growth rate is most satisfactory in case of State
Bank of Indore, less satisfactory in case of State Bank of India and low in
case of Public sector Banks and dissatisfactory in case of State Bank Group
and Nationalized Banks.
It can be concluded that Public sector Banks, Nationalized Banks and
State Bank Group has been able to achieve the target of 40 percent except
State Bank of India whose average figure is slightly less than the target.
Growth rate is most satisfactory in case of State Bank of Indore, Less
satisfactory in case of State Bank of India and low in case of Public sector
c 134 C
banks and dissatisfactory in case of State Bank Group and Nationalized
Banks. Table 5.12
Total Priority Sector Advances as percentage of Net Bank Credit of SBI & its Associates (Target 40 percent)
Bank/Year SBI Associates of SBI SBBJ SBH SBIN SBM SBP SBS SBT SBG NBs PSBs
2001-02 41.53 45.97 47.13 45.05 44.14 41.17 40.26 43.52 60.55 43.75 42.95 43.12
2002-03 38.01 43.68 43.33 40.46 47.45 43.19 41.76 43.85 45.74 39.56 44.02 42.50
2003-04 38.69 44.49 49.07 40.82 47.97 40.43 45.61 43.04 44.50 40.50 45.74 43.94
2004-05 36.61 43.11 45.06 42.21 44.77 40.28 41.11 45.64 42.69 38.59 45.72 43.23
2005-06 37.00 42.64 43.50 42.30 43.60 40.20 38.60 45.10 45.20 39.80 40.30 40.06
2006-07 38.40 39.90 41.00 40.80 40.00 38.30 36.30 42.20 41.00 38.80 39.90 39.60
2007-08 43.80 45.67 49.90 44.80 50.10 43.40 40.10 43.40 48.00 44.40 27.20 44.60
2008-09 42.50 37.44 43.90 40.20 54.80 39.30 37.50 -- 46.40 39.97 63.35 51.66
2009-10 40.70 35.80 44.10 41.60 46.80 34.50 40.80 -- 42.80 38.25 42.11 40.18
Mean 39.69 42.08 45.22 42.03 46.63 40.09 40.23 43.82 46.32 40.40 43.48 43.21
SD 2.53 3.60 2.91 1.80 4.24 2.67 2.69 1.19 5.75 2.21 9.32 3.65
CV 6.39 8.55 6.43 4.28 9.10 6.66 6.69 2.71 12.40 5.46 21.44 8.44
CAGR 0.92 -2.45 -0.48 -0.31 1.07 -1.49 -1.08 -0.14 -2.04 -0.53 -0.27 0.41 Source: Report on Trend and Progress of Banking in India, RBI, Mumbai, various issues
Total Agricultural Advances as percentage of Net Bank Credit
Total Agricultural Advances as percentage of Net Bank Credit is given
in Table 5.13. Target for total agricultural advances as percentage of net bank
credit is fixed at 18 percent. In case of Public sector Banks total agricultural
advances as percentage of Net bank credit in average terms is 15.99 percent.
And in case of Nationalized banks is 16.31 percent and in case of State Bank
Group it comes to be 15.63 percent. Average figure total agricultural
advances as percentage of net bank credit in case of State Bank of India is
15.27 percent and in case of Associates of SBI is 16.87 percent. Public sector
banks including State Bank group and Nationalized Banks have not been able
to achieve the target fixed at 18 percent. Among Associates of SBI, State
Bank of Bikaner and Jaipur, State Bank of Indore and State Bank of
Saurashtra are able to achieve the target of 18 percent. Standard deviation is
higher in case of State Bank group indicating high variability and less in case
of Public sector banks indicating more uniformity. Among associates of SBI it
is low in case of State Bank of Indore indicating high degree of uniformity and
high in case of State Bank of Hyderabad indicating more variability.
c 135 C
Coefficient of variation in case of Public sector banks is 5.16 and in case of
Nationalized banks is 5.34 indicating less variability and more consistency
whereas in case of State Bank Group is 11.21, State Bank of India is 16.45
indicating more variability and less consistency. Growth rate Analysis shows
that growth rate in case of Public sector Banks is 1.30 and in case of
Nationalized Banks it comes to be 0.65 and in case of State Bank Group is
2.22. Growth rate is higher in case of State Bank Group mainly due to higher
growth rate in case of State Bank of India and it comes to be 3.91 whereas in
case of Associates of SBI is -0.97. Among Associates of SBI growth rate is
higher in case of State Bank of Bikaner and Jaipur that is 2.71. This indicates
that growth rate is satisfactory in case of State Bank of India, low in case of
Associates of SBI and Nationalized Banks.
It can be concluded that Public sector banks including State Bank
Group and Nationalized Banks are unable to achieve the target of 18 percent
in total agricultural advances as percentage of Net Bank Credit. Growth rate is
satisfactory in case of State Bank of India, low in case of Associates of SBI
and Nationalized Banks. Table 5.13
Total Agricultural Advances as percentage of Net Bank Credit (Target 18 percent)
Bank/Year SBI Associates of SBI* SBBJ SBH SBIN SBM SBP SBS SBT SBG NBs PSBs
2001-02 15.82 17.48 16.69 18.02 18.03 15.17 17.95 19.98 16.52 16.65 16.56 15.81 2002-03 13.80 19.40 17.57 15.62 18.38 16.76 18.03 18.72 11.32 14.58 15.29 15.34 2003-04 12.79 16.10 16.35 14.36 18.24 15.21 18.97 17.88 11.70 13.78 16.27 15.41 2004-05 11.99 16.39 18.16 13.05 18.27 14.88 18.95 18.96 12.46 13.32 16.41 15.68 2005-06 13.60 16.00 18.00 13.30 18.10 14.80 15.90 18.60 13.30 14.80 15.20 15.00 2006-07 14.50 15.60 18.30 13.70 17.20 13.80 15.80 18.10 12.60 14.80 16.00 15.60 2007-08 18.60 18.18 22.10 18.10 19.10 18.10 15.70 19.50 14.70 18.30 18.20 17.40 2008-09 18.30 16.15 19.10 18.80 18.20 16.80 13.70 -- 10.30 17.23 16.30 16.76 2009-10 18.00 16.50 20.10 18.50 17.80 14.80 18.30 -- 9.50 17.25 16.56 16.91 Mean 15.27 16.87 18.49 15.94 18.15 15.59 17.03 18.82 12.49 15.63 16.31 15.99 SD 2.51 1.24 1.77 2.42 0.50 1.34 1.82 0.74 2.17 1.75 0.87 0.83 CV 16.45 7.36 9.57 15.15 2.77 8.61 10.70 3.93 17.34 11.21 5.34 5.16 CAGR 3.91 -0.97 2.71 1.97 -0.08 0.30 -2.15 -0.36 -3.32 2.22 0.65 1.30 Source: Report on Trend & Progress of Banking in India, RBI, Mumbai, various issues
Total Advances to Weaker Section as percentage of Net Bank Credit
Total Advances to weaker section as percentage of Net bank credit is
given in table 5.14. Average figure of total Advances to weaker section as
percentage of Net Bank credit is in case of Public sector banks is 8.24
percent, in case of Nationalized Banks is 7.51 percent and in case of State
c 136 C
Bank Group is 8.80. In case of State Bank of India is 9.03 and in case of
Associates of SBI is 8.48. This indicates that Public sector Banks,
Nationalized Banks, State Bank Group is unable to achieve the target of 10
percent. Standard deviation is low in case of public sector banks indicating
more uniformity and high in case of state bank groups indicating more
variability. Among associates of SBI, it is low in case of State Bank of Mysore
indicating more uniformity and high in case of State Bank of Hyderabad
indicating more variability. Coefficient of variation indicates fair level of
consistency among Public sector banks, Nationalized Banks and State Bank
Group. Growth rate Analysis shows that growth rate in case of Public sector
Banks is 4.34, in case of Nationalized Banks is 3.51 and in case of State Bank
Group it comes to be 6.07. In case of State Bank of India growth rate is 7.33
and in case of Associates of SBI is 5.00 percent. Among Associates of SBI
growth rate is higher in case of State Bank of Hyderabad (9.06). This shows
that growth rate is more satisfactory in case of State Bank of Hyderabad, less
satisfactory in case of State Bank of India, low in case of Public sector Banks,
Nationalized Banks and Associates of SBI. It can be concluded that Public
sector Banks, Nationalized Banks, State Bank Group is unable to achieve the
target of 10 percent in case of total advances to weaker section as
percentage of net bank credit. Growth rate Analysis shows that growth rate is
more satisfactory in case of State Bank of Hyderabad, less satisfactory in
case of State Bank of India, low in case of Public sector Banks, Nationalized
Banks and Associates of SBI. Table 5.14
Total Advances to Weaker Section as percentage of Net Bank Credit Target 10 percent)
Bank/Year SBI Associates of SBI SBBJ SBH SBIN SBM SBP SBS SBT SBG NBs PSBs
2001-02 7.22 8.87 7.79 10.01 6.96 10.90 10.02 5.73 10.74 8.05 6.86 7.30 2002-03 5.78 7.72 7.91 6.33 7.55 10.85 9.40 5.70 6.29 6.34 6.98 6.76 2003-04 7.20 6.68 6.86 4.38 6.35 10.04 10.03 4.18 4.95 7.06 7.64 7.44 2004-05 11.53 6.84 9.20 5.35 5.44 10.22 10.03 3.88 3.78 10.08 5.20 8.85 2005-06 8.90 6.68 9.50 2.60 6.00 9.50 10.00 5.20 4.00 7.79 7.70 7.74 2006-07 7.60 7.20 10.30 7.10 10.00 9.70 1.10 6.80 5.40 7.30 7.10 7.20 2007-08 9.40 9.90 11.50 12.00 12.10 11.00 10.00 5.90 6.80 9.60 9.20 9.30 2008-09 11.50 10.75 10.70 12.80 11.80 10.30 9.10 - 9.80 11.13 8.56 9.46 2009-10 12.10 11.67 16.90 12.20 10.20 10.00 10.30 - 10.40 11.88 8.32 10.10 Mean 9.03 8.48 10.07 8.09 8.49 10.28 8.89 5.34 6.91 8.80 7.51 8.24 SD 2.27 1.90 2.97 3.77 2.56 0.54 2.94 1.02 2.74 1.94 1.17 1.20 CV 25.13 22.41 29.45 46.59 30.18 5.23 33.12 19.07 39.65 22.04 15.53 14.55 CAGR 7.33 5.00 8.96 9.06 8.27 -0.62 -3.61 2.38 3.72 6.07 3.51 4.34 Source: Report on Trend & Progress of Banking in India, RBI, Mumbai, various issues
c 137 C
Distribution of Outstanding Credit of SBI & its Associates According to Occupation
Distribution of Outstanding Credit of SBI & its Associates According to
Occupation is given in Table 5.15. A look at the table indicates that average
distribution to Agriculture is Rs. 42958.86 Cr, in case of Industry it comes to
be 150908.05 Cr, transport Operators is Rs. 4721.82 Cr in case of
Professional and other services is 15261.52, personal loans is 79640.47,trade
is 38878.83, Finance is 16901.32, all others is 11238.27. Distribution of
outstanding credit to Artisans, Village and Tiny Industries is 3337.00 and other
small scale Industries is 11972.67. This indicates that distribution of
outstanding credit by SBI & its Associates is greater in case of Industry as
compared to Agriculture. Standard deviation is higher in case of industry
indicating more variability and low in case of transport operators indicating
more homogenity. Coefficient of variation is high in case of Transport
Operators and Professional and other services indicating more variability and
less consistency. In case of Trade it is 39.04 indicating more consistency and
less variability.
Table 5.15 Distribution of Outstanding Credit of SBI &
its Associates According to Occupation (Amt. in Rs. Cr)
Occupation/ year Agriculture Industry Transport
Operators Professional
& other Services
Personal Loans Trade Finance All others Total Bank
Credit
Of which Artisans, Village &
Tiny Industries
Of which Other Small Scale
Industries 2001-02 19532 63685 1510 2982 22456 26668 6397 20457 163687 3520 8025
2002-03 20420 69775 1640 3340 31425 25745 11973 18183 182501 2821 8710
2003-04 25287 80252 1813 4795 43098 24048 10591 18584 208468 2346 9265
2004-05 31066 108960 2180 7218 65016 29537 15095 6951 266023 3252 12162
2005-06 42654 141779 4158 12896 84706 37407 16451 9892 349943 3879 15515
2006-07 56060 196284 2948 17392 98789 47113 24045 5732 448362 4204 18159
2007-08 73328 234031 12216 39799 148710 59918 32297 7534 721951 - -
2008-09 75324 312498 11310 33670 142924 60595 18362 2573 657255 - -
Mean 42958.86 150908.05 4721.82 15261.52 79640.47 38878.83 16901.32 11238.27 374773.76 3337.00 11972.67
SD 22841.26 89526.96 4436.23 14234.04 48272.62 15179.94 8177.55 6829.47 216257.21 683.30 4108.90
CV 53.17 59.33 93.95 93.27 60.61 39.04 48.38 60.77 57.70 20.48 34.32
CAGR 24.71 27.08 36.67 49.54 32.25 15.66 19.39 -23.13 25.65 6.40 19.00
Source: Statistical Tables Relating to Banks in India, RBI, Mumbai, Various issues
c 138 C
Growth rate Analysis shows highest growth rate in case of Professional
and other services and it comes to be 49.54. In case of transport operators is
36.67 and in case of Agriculture is 24.71 and in case of Industry is 27.08. This
highlights that growth rate is most satisfactory in case of Professional and
other services, satisfactory in case of transport operators and personal loans,
low in case of Agriculture and Industry. It can be concluded that that
distribution of outstanding credit is more in case of Industry as compared to
Agriculture. Growth rate is most satisfactory in case of Professional and other
services, satisfactory in case of transport operators and personal loans and
low in case of Agriculture and Industry. Percentage Distribution of Outstanding Credit of SBI & its Associates According to Occupation
Table 5.16 shows percentage distribution of outstanding credit of SBI
and its Associates according to Occupation. The share of Agriculture in total
bank credit is 11.65 percent and in case of Industry is 40.11 percent in
average terms. Lowest share is of transport operators and it comes to be 1.10
percent. This indicates that higher percentage distribution of outstanding
credit is in case of Industry as compared to Agriculture and lowest in case of
transport operators. Standard deviation is higher in case of all others
indicating more variability and low in case of transport operators indicating
more uniformity. Coefficient of variation is lowest in case of Agriculture and
comes to be 6.33 indicating less variability and more consistency. On the
other hand it is higher in case of all others indicating more variability and less
consistency. Growth rate Analysis shows that growth rate is negative in case
of Agriculture and comes to be -0.75. It is also negative in case of trade
(-7.95), Finance (-4.98), All Others (-38.82). Growth rate is higher in case in
case of Professional and other services and comes to be 19.02 and in case of
Industry is 1.14. This indicates that growth rate is satisfactory in case of
Professional and other services and low in case of Industry and satisfactory in
case of Agriculture, trade, Finance and all others. It can be concluded that
percentage distribution of outstanding credit of SBI & its Associates is higher
in case of Industry as compared to Agriculture. Growth rate Analysis shows
satisfactory growth rate in case of Professional and other services and low in
c 139 C
case of Industry and satisfactory in case of Agriculture, trade, Finance and all
others. Table 5.16
Percentage Distribution of Outstanding Credit of SBI & its Associates According to Occupation
Occupation/ year
Agriculture
Industry
Transport Operator
s
Professional & other Services
Personal Loans
Trade
Finance
All other
s
Total Bank Credit
Of which Artisans, Village &
Tiny Industrie
s
Of which Other Small Scale
Industries
2001-02 11.93 38.91 0.92 1.82 13.72 16.29 3.91 12.50 100.00 2.15 4.90
2002-03 11.19 38.23 0.90 1.83 17.22 14.11 6.56 9.96 100.00 1.55 4.77
2003-04 12.13 38.50 0.87 2.30 20.67 11.54 5.08 8.91 100.00 1.13 4.44
2004-05 11.68 40.96 0.82 2.71 24.44 11.10 5.67 2.61 100.00 1.22 4.57
2005-06 12.19 40.51 1.19 3.69 24.21 10.69 4.70 2.83 100.00 1.11 4.43
2006-07 12.50 43.78 0.66 3.88 22.03 10.51 5.36 1.28 100.00 0.94 4.05
2007-08 10.16 32.42 1.69 5.51 20.60 8.30 4.47 1.04 100.00 - -
2008-09 11.46 47.55 1.72 5.12 21.75 9.22 2.79 0.39 100.00 - -
Mean 11.65 40.11 1.10 3.36 20.58 11.47 4.82 4.94 100.00 1.35 4.53
SD 0.74 4.41 0.40 1.43 3.58 2.59 1.15 4.74 0.00 0.44 0.30
CV 6.33 11.01 36.87 42.66 17.41 22.59 23.78 95.94 0.00 32.74 6.60
CAGR -0.75 1.14 8.77 19.02 5.25 -7.95 -4.98 -38.82 0.00 -13.47 -3.23
Source: Calculated Values
Population-wise and Occupation-wise Outstanding Credit of SBI & its Associates (Rural)
Table 5.17 shows population-wise and occupation-wise outstanding
credit of SBI & its Associates in case of Rural areas. Average figure in case of
agriculture is Rs. 14628.46 Cr. in case of Industry is Rs. 11690.40 Cr. It
indicates that distribution of outstanding credit is more in case of Agriculture
as compared to Industry. It is lowest in case of transport operators in terms of
average. Standard deviation is high in case of agriculture indicating more
variability and low in case of transport operators indicating more homogeneity.
Coefficient of variation is highest in case of finance (102.28) indicating more
variability and less consistency. It is low in case of Industry (33.90) which
shows less variability and more consistency. Growth rate Analysis shows that
growth rate in case of Professional and other services is 44.34, in case of
Personal loans it is 28.61, in case of Agriculture it is 24.44 and Industry 10.45
whereas it is negative in case of Finance (-4.67) and All others (-28.76). This
highlights that growth rate is most satisfactory in case of Professional and
c 140 C
other services, less satisfactory in case of Agriculture, low in case of Industry
and dissatisfactory in case of Finance and all others.
It can be concluded that distribution of outstanding credit is more in
case of Agriculture as compared to Industry. It is low in case of Transport
operators in average terms. Growth rate Analysis shows that growth rate is
most satisfactory in case of Professional and other services, less satisfactory
in case of Agriculture, low in case of Industry and dissatisfactory in case of
Finance and all others. Table 5.17
Population-wise and Occupation-wise Outstanding Credit of SBI & its Associates (Rural)
(Amt. in Rs. Cr)
Occupation/ Year Agriculture Industry Transport
Operators Professional
& other Services
Personal Loans Trade Finance All others Total Bank
Credit
Of which Artisans, Village &
Tiny Industries
Of which Other
Small-Scale Industries
2001-02 6574.57 8745.58 320.83 229.29 3138.67 2080.75 1326.47 2563.53 24979.69 521.32 731.38
2002-03 7496.15 10922.57 359.44 395.19 4830.56 2524.42 3252.16 3728.62 33509.10 590.43 896.05
2003-04 8119.19 6188.38 331.48 505.89 6818.07 1813.18 167.34 3626.74 27569.99 615.15 792.12
2004-05 11185.90 9684.37 436.60 797.78 10608.73 3565.98 276.96 1222.67 37778.99 784.46 1283.68
2005-06 14315.02 14971.35 472.06 1551.24 15318.24 5116.92 323.16 976.66 53044.66 954.73 1942.60
2006-07 18759.08 9560.23 370.67 1194.06 13907.87 5035.23 103.07 901.29 49831.50 1040.88 1263.37
2007-08 23816.94 17174.40 452.26 3290.87 17038.77 5865.30 1328.68 639.99 69607.19 - -
2008-09 26760.84 16276.31 786.98 2597.10 18268.18 6961.37 1705.07 289.41 73645.26 - -
Mean 14628.46 11690.40 441.29 1320.18 11241.14 4120.39 1060.36 1743.61 46245.80 751.16 1151.53
SD 7734.34 3963.49 150.64 1106.16 5774.76 1900.52 1084.54 1365.94 18479.76 211.49 453.15
CV 52.87 33.90 34.14 83.79 51.37 46.12 102.28 78.34 39.96 28.16 39.35
CAGR 24.44 10.45 9.79 44.34 28.61 21.12 -4.67 -28.76 17.21 15.83 17.14
Source: Calculated Values
Percentage Distribution of Occupation-wise Outstanding Credit of SBI & its Associates (Rural)
Table 5.18 shows percentage distribution of occupation-wise
Outstanding Credit of SBI & its Associates in Rural Area. Percentage
Distribution of Occupation-wise Outstanding credit in case of Agriculture is
30.37 percent and in case of Industry is 26.23 percent and it is lowest in case
of Transport operators that is 1.01 percent. This indicates that Percentage
Distribution of Outstanding credit is more in case of Agriculture as compared
to Industry. Standard deviation is high in case of personal loans indicating
more variability and low in case of transport operators indicating more
c 141 C
uniformity. Coefficient of variation is highest in case of Finance (122.79)
indicating more variability and less consistency. It is lowest in case of
Agriculture (17.45) which indicates more consistency and less variability.
Growth rate Analysis shows that growth rate in case of Agriculture is 6.17 and
it comes to be negative in case of Industry (-5.76). It is highest in case of
Professional and other services (23.15). This indicates that growth rate is
most satisfactory in case of Professional and other services, low in case of
Agriculture and dissatisfactory in case of Industry. It can be concluded that
percentage distribution of outstanding credit is more in case of Agriculture as
compared to Industry. Growth rate Analysis shows that growth rate is most
satisfactory in case of Professional and other services, low in case of
Agriculture and dissatisfactory in case of Industry. Table 5.18
Percentage Distribution of Occupation-wise Outstanding Credit of SBI & its Associates (Rural)
Occupation/ Year
Agriculture
Industry
Transport Operator
s
Professional & other Services
Personal Loans
Trade
Finance
All other
s
Total Bank Credit
Of which Artisans, Village &
Tiny Industrie
s
Of which Other Small-Scale
Industries
2001-02 26.32 35.01 1.28 0.92 12.56 8.33 5.31 10.26 100.00 2.09 2.93
2002-03 22.37 32.60 1.07 1.18 14.42 7.53 9.71 11.13 100.00 1.76 2.67
2003-04 29.45 22.45 1.20 1.83 24.73 6.58 0.61 13.15 100.00 2.23 2.87
2004-05 29.61 25.63 1.16 2.11 28.08 9.44 0.73 3.24 100.00 2.08 3.40
2005-06 26.99 28.22 0.89 2.92 28.88 9.65 0.61 1.84 100.00 1.80 3.66
2006-07 37.65 19.19 0.74 2.40 27.91 10.10 0.21 1.81 100.00 2.09 2.54
2007-08 34.22 24.67 0.65 4.73 24.48 8.43 1.91 0.92 100.00 - -
2008-09 36.34 22.10 1.07 3.53 24.81 9.45 2.32 0.39 100.00 - -
Mean 30.37 26.23 1.01 2.45 23.23 8.69 2.67 5.34 100.00 2.01 3.01
SD 5.30 5.42 0.23 1.26 6.27 1.20 3.28 5.24 0.00 0.18 0.43
CV 17.45 20.65 22.36 51.19 26.98 13.80 122.79 98.01 0.00 9.22 14.39
CAGR 6.17 -5.76 -6.33 23.15 9.73 3.33 -18.67 -39.22 0.00 -0.01 1.12
Source: Calculated Values
Population Group-wise and Occupation-wise Outstanding Credit of SBI & its Associates (Semi-Urban)
Table 5.19 shows Population Group-wise and Occupation-wise
Outstanding Credit of SBI & its Associates in Semi-Urban area. Average
figure of outstanding credit in semi-urban areas in case of Agriculture is Rs.
17804.26 Cr and in case of Industry is Rs. 11556.02 Cr. This indicates that
c 142 C
outstanding credit is more in case of Agriculture as compared to Industry. The
average figure in case of Professional and other services is Rs. 23496.80 Cr
and in case of Personal loans is Rs. 22519.95 Cr. Standard deviation is
higher in case of professional and other services indicating more variability
and low in case of finance indicating more uniformity. Coefficient of variation
is highest in case of Professional and other services (264.52) indicating high
degree of variability and less consistency. It is low in case of transport
operators (38.09) indicating less variability and more consistency. Growth rate
Analysis shows that growth rate is highest in case of Professional and other
services that is 48.15. In case of Agriculture it comes to be 26.57 and in case
of Industry it is 17.91. Growth rate is negative in case of All others (-16.39).
This highlights that growth rate is most satisfactory in case of Professional
and other services, satisfactory in case of Agriculture and Industry and
dissatisfactory in case of All others.
It can be concluded in semi-urban areas distribution of outstanding
credit is more in case of Agriculture as compared to Industry. Growth rate
Analysis shows that growth rate is most satisfactory in case of Professional
and other services, satisfactory in case of Agriculture and Industry and
dissatisfactory in case of all others. Table 5.19
Population Group-wise and Occupation-wise Outstanding Credit of SBI & its Associates (Semi-Urban)
(Amt. in Rs. Cr)
Occupation/Year Agriculture Industry Transport operators
Professional & other services
Personal Loans Trade Finance All
others Total Bank
Credit
of which Artisans, Villages &
Tiny Industries
of which Other Small Scale
Industries 2001-02 7674.59 7050.29 454.24 655.19 6887.96 3413.63 100.50 3693.96 29930.36 1127.43 1627.49 2002-03 8339.09 6539.90 403.04 783.95 9524.85 3559.16 103.18 4262.20 33515.38 1464.95 1425.28 2003-04 9415.58 7280.88 331.52 832.75 13429.64 3600.88 69.62 4482.44 39443.32 1628.63 1312.72 2004-05 12419.88 10010.87 421.68 1204.28 18994.74 4702.17 105.81 1702.02 49561.46 2249.13 1611.29 2005-06 17343.46 12330.51 479.34 1611.63 24573.84 6482.60 101.68 3486.59 66409.65 2759.32 2314.04 2006-07 23681.61 12778.57 552.43 177302.00 27914.51 7636.43 230.95 2016.67 76584.18 3040.29 2232.00 2007-08 30752.58 15218.49 687.40 2511.75 35089.20 10091.26 201.40 1670.75 96222.84 - - 2008-09 32807.25 21238.64 969.07 3072.84 43744.88 11252.51 198.01 1069.59 114352.78 - - Mean 17804.26 11556.02 537.34 23496.80 22519.95 6342.33 138.89 2798.03 63252.50 2044.96 1753.80 SD 10135.27 5005.55 204.65 62152.74 12817.93 3079.60 60.83 1327.07 30787.21 760.83 419.83 CV 56.93 43.32 38.09 264.52 56.92 48.56 43.80 47.43 48.67 37.20 23.94 CAGR 26.57 17.91 12.15 48.15 29.81 21.18 14.88 -16.39 22.34 22.78 9.69 Source: Basic Statistical Returns, RBI, Mumbai, Various Issues
c 143 C
Percentage Distribution of Occupation-wise Outstanding Credit of SBI & its Associates (Semi-Urban)
Table 5.20 shows percentage distribution of Occupation-wise
Outstanding Credit of SBI & its Associates in Semi-urban area. Percentage
Distribution of Occupation-wise Outstanding credit of SBI & its Associates in
average terms in semi-urban areas in case of Agriculture is 27.14 percent and
in case of Industry is 18.92 percent. It shows that percentage distribution of
outstanding credit is more in Agriculture as compared to Industry. In case of
personal loans it is 34 percent and in case of Professional and other services
it is 31.04. It is only 0.23 percent in case of Finance. This indicates that
highest percentage distribution of outstanding credit is more in case of
personal loans and lowest in case of Finance. Standard deviation is higher in
case of professional and other services indicating more variability and low in
case of finance indicating more homogeneity. Coefficient of variation is
highest in case of Professional and other services (260.98) indicating more
variability and less consistency. It is lowest in case of Trade indicating more
consistency and less variability. Growth rate Analysis shows that growth rate
in case of Agriculture is 3.46 and in case of Industry it is negative that is -3.62.
Growth rate in case of Professional and other services is highest and comes
to be 21.09.Growth rate is negative in case of transport operators (-8.33),
Trade (-0.95), Finance (-6.10) and All others (-31.66). This shows that growth
rate is satisfactory in case of Professional and other services, low in case of
Agriculture and dissatisfactory in case of Industry, transport operators, trade,
finance and all others. It can be concluded that percentage distribution of outstanding credit in
semi-urban areas is more in case of Agriculture as compared to Industry. It is
highest in case of personal loans and lowest in case of Finance. Growth rate
Analysis shows that growth rate is satisfactory in case of Professional and
other services, low in case of Agriculture and dissatisfactory in case of
Industry, transport operators, trade, finance and all others.
c 144 C
Table 5.20 Percentage Distribution of Occupation-wise
Outstanding Credit of SBI & its Associates (Semi-Urban)
Occupation/Year Agriculture Industry Transport operators
Professional & other services
Personal Loans Trade Finance All
others Total Bank Credit
of which Artisans, Villages &
Tiny Industries
of which Other Small
Scale Industries
2001-02 25.64 23.56 1.52 2.19 23.01 11.41 0.34 12.34 100.00 3.77 5.44 2002-03 24.88 19.51 1.20 2.34 28.42 10.62 0.31 12.72 100.00 4.37 4.25 2003-04 23.87 18.46 0.84 2.11 34.05 9.13 0.18 11.36 100.00 4.13 3.33 2004-05 25.06 20.20 0.85 2.43 38.33 9.49 0.21 3.43 100.00 4.54 3.25 2005-06 26.12 18.57 0.72 2.43 37.00 9.76 0.15 5.25 100.00 4.15 3.48 2006-07 30.92 16.69 0.72 231.51 36.45 9.97 0.30 2.63 100.00 3.97 2.91 2007-08 31.96 15.82 0.71 2.61 36.47 10.49 0.21 1.74 100.00 - - 2008-09 28.69 18.57 0.85 2.69 38.25 9.84 0.17 0.94 100.00 - - Mean 27.14 18.92 0.93 31.04 34.00 10.09 0.23 6.30 100.00 4.15 3.78 SD 3.01 2.35 0.29 81.00 5.47 0.72 0.07 5.01 0.00 0.28 0.93 CV 11.08 12.40 30.89 260.98 16.10 7.15 30.22 79.50 0.00 6.63 24.52 CAGR 3.46 -3.62 -8.33 21.09 6.10 -0.95 -6.10 -31.66 0.00 0.59 -10.13 Source: Calculated Values
Population Group-wise and Occupation-wise Outstanding Credit of SBI & its Associates (Urban)
Population Group-wise and Occupation-wise Outstanding Credit of SBI
& its Associates in case of urban area is shown in table 5.21 Average figure of
outstanding credit in case of Agriculture is Rs. 5680.32 Cr and in case of
Industry it comes to be Rs. 25960.71 Cr. This shows that distribution of
outstanding credit is more in case of Industry as compared to Agriculture.
Average figure of outstanding credit in case of personal loans is Rs. 23728.58
Cr. In case of transport operators it is Rs. 456.43 Cr. Standard deviation is
higher in case of industry indicating more variability and low in case of
transport operators indicating more uniformity. Coefficient of variation is fairly
consistent among various occupations except in case of trade. Growth rate
Analysis shows that growth rate in case of Agriculture is 31.29 and in case of
Industry it comes to be 54.44. In case of trade it is 11.80 whereas in case of
all others (-24.97) and in case of Artisans Village and Tiny Industries it is
(-40.33). This shows that growth rate is satisfactory in case of Industry as
compared to Agriculture, low in case of trade and dissatisfactory in case of all
others and in case of Artisans, village and tiny industries.
It can be concluded that distribution of outstanding credit in case of
urban areas is more in case of Industry as compared to Agriculture. Growth
rate Analysis shows that growth rate is satisfactory in case of Industry as
c 145 C
compared to Agriculture, low in case of trade and dissatisfactory in case of all
others and in case of Artisans, village and tiny industries. Table 5.21
Population Group-wise and Occupation-wise Outstanding Credit of SBI & its Associates (Urban)
(Rs. Cr)
Occupation/Year Agriculture Industry Transport Operators
Professional & other services
Personal Loans Trade Finance All
others Total Bank
Credit
of which Artisans, Village &
Tiny Industries
of which Other Small Scale
Industries 2001-02 2249.53 1148.84 250.22 857.22 7381.45 8920.64 324.17 5145.23 36277.80 1055.30 2153.44 2002-03 1922.71 11471.62 238.64 899.11 9866.65 8427.55 333.40 4489.50 37649.18 486.67 2798.07 2003-04 3092.62 14154.25 257.65 1274.79 13767.11 7253.42 754.05 4894.53 45448.41 64.91 3284.75 2004-05 3311.03 20678.16 332.51 1956.03 20252.23 7550.56 1079.34 1605.77 56765.63 23.37 4634.12 2005-06 5493.60 26686.75 421.39 2623.04 26214.06 9791.22 1473.83 2094.01 74797.90 120.86 5879.36 2006-07 7470.83 38163.05 475.44 3689.05 32023.49 12950.04 2215.31 1512.16 98499.37 80.39 7061.48 2007-08 11276.06 45728.52 685.48 7107.18 36283.21 14188.51 2042.02 1283.44 118594.41 - - 2008-09 10626.18 49654.49 990.14 5626.22 44040.40 17616.16 1480.93 638.46 130672.98 - - Mean 5680.32 25960.71 456.43 3004.08 23728.58 10837.26 1212.88 2707.89 74838.21 305.25 4301.87 SD 3726.63 17297.59 262.88 2313.14 13179.36 3700.75 719.52 1821.66 37133.52 404.29 1904.00 CV 65.61 66.63 57.59 77.00 55.54 34.15 59.32 67.27 49.62 132.45 44.26 CAGR 31.29 54.44 22.40 37.89 29.64 11.80 31.87 -24.97 22.87 -40.33 27.52 Source: Basic Statistical Returns, RBI, Mumbai, various issues.
Percentage Distribution of Occupation-wise Outstanding Credit of SBI & its Associates (Urban)
Table 5.22 shows percentage distribution of Occupation-wise
Outstanding Credit of SBI & its Associates in urban area. Percentage
Distribution of outstanding credit in average terms in case of Agriculture
comes to be 7.06 and in case of Industry it is 31.52 percent. This shows that
percentage distribution of outstanding credit is more in case of Industry as
compared to Agriculture. It is lowest in case of Transport operators that is
0.61 percent. Standard deviation is higher in case of industry indicating more
variability and low in case of transport operators indicating more homogeneity.
Coefficient of variation of Artisans, village and tiny Industries comes to be
149.12 indicating high degree of variability and less consistency. In case of
Industry Coefficient of variation is 37.73 percent indicating more variability and
less consistency and in case of Agriculture it comes to be 19.75 indicating
more consistency and less variability. Growth rate Analysis shows that growth
rate in case of Agriculture comes to be 6.84 and in case of industry it is 25.69.
Growth rate is negative in case of transport operators (-0.39), Trade (-9.02)
and all others (-38.93), Artisans, village and Tiny Industries (-51.53). This
shows that growth rate is satisfactory in case of Industry, low in case of
c 146 C
Agriculture and dissatisfactory in case of Transport operators, trade, all
others, artisans, village and tiny industries.
It can be concluded that percentage distribution of outstanding credit is
more in case of Industry as compared to Agriculture. It is lowest in case of
transport operators. Growth rate Analysis shows that growth rate is
satisfactory in case of Industry, low in case of Agriculture and dissatisfactory
in case of transport operators, trade, all others, artisans, village and tiny
industries. Table 5.22
Percentage Distribution of Occupation-wise Outstanding Credit of SBI & its Associates (Urban)
Occupation/Year
Agriculture
Industry
Transport
Operators
Professional & other services
Personal Loans
Trade
Finance
All other
s
Total Bank Credit
of which Artisans, Village &
Tiny Industrie
s
of which Other Small Scale
Industries
2001-02 6.20 3.17 0.69 2.36 20.35 24.59 0.89 14.18 100.00 2.91 5.94
2002-03 5.11 30.47 0.63 2.39 26.21 22.38 0.89 11.92 100.00 1.29 7.43
2003-04 6.80 31.14 0.57 2.80 30.29 15.96 1.66 10.77 100.00 0.14 7.23
2004-05 5.83 36.43 0.59 3.45 35.68 13.30 1.90 2.83 100.00 0.04 8.16
2005-06 7.34 35.68 0.56 3.51 35.05 13.09 1.97 2.80 100.00 0.16 7.86
2006-07 7.58 38.74 0.48 3.75 32.51 13.15 2.25 1.54 100.00 0.08 7.17
2007-08 9.51 38.56 0.58 5.99 30.59 11.96 1.72 1.08 100.00 - -
2008-09 8.13 38.00 0.76 4.31 33.70 13.48 1.13 0.49 100.00 - -
Mean 7.06 31.52 0.61 3.57 30.55 15.99 1.55 5.70 100.00 0.77 7.30
SD 1.39 11.89 0.08 1.19 5.12 4.80 0.52 5.59 0.00 1.15 0.77 CV 19.75 37.73 13.99 33.32 16.75 30.00 33.36 98.08 0.00 149.12 10.54 CAGR 6.84 25.69 -0.39 12.22 5.50 -9.02 7.32 -38.93 0.00 -51.53 3.59 Source: Calculated Values Population Group-wise and Occupation-wise Outstanding Credit of SBI & its Associates (Metropolitan)
Table 5.23 shows Population Group-wise and Occupation-wise
Outstanding Credit of SBI & its Associates in case of Metropolitan. Average
figure of outstanding credit in case of Agriculture is Rs.4845.80 Cr and in case
of Industry is Rs.100450.15 Cr. This shows that distribution of outstanding
credit is more in case of Industry as compared to Agriculture. Average figure
in case of personal loans is Rs.18052.23 Cr. In case of trade is Rs.16113.94
Cr. and in case of Finance is Rs.13878.34 Cr. Standard deviation is higher in
case of industry indicating more variability and low in case of agriculture
c 147 C
indicating more homogeneity. Coefficient of Variation in case of transport
operators is more than 100 percent that is 109.79 and in case of Artisans,
Village and Tiny Industries is 134.75 percent and it is low in case of Trade and
comes to be 30.97 percent and in case of Agriculture is 32.84 percent and in
case of other small scale industries it is 32.76 percent. Growth rate Analysis
shows that growth rate in case of Agriculture is 12.58 and in case of Industry it
comes to be 30.69. In case of Trade it is 11.79 whereas in case of all others
and of Artisans, Village and Tiny Industries it is -27.86 and -41.96
respectively. This shows that growth rate is satisfactory in case of Industry as
compared to Agriculture, low in case of Trade and dissatisfactory in case of all
others and in case of Artisans, Village and Tiny Industries.
It can be concluded that growth rate is satisfactory in case of Industry
as compared to Agriculture, low in case of Trade and dissatisfactory in case of
all others and in case of Artisans, Village and Tiny Industries. Table 5.23
Population Group-wise and Occupation-wise Outstanding Credit of SBI & its Associates (Metropolitan)
Rs. Cr
Occupation/ Year Agriculture Industry Transport
Operators Professional
& other services
Personal Loans Trade Finance All
others Total Bank
Credit
of which Artisans, Village &
Tiny Industries
of which other Small
Scale Industries
2001-02 3034.07 36739.01 485.10 1240.20 5047.46 12253.65 4646.20 9054.35 72500.03 816.31 3513.04 2002-03 2662.27 40838.40 639.03 1261.31 7203.92 11233.77 8284.20 5703.02 77825.94 279.12 3590.39 2003-04 4659.00 52626.21 892.05 2181.45 9082.75 11380.67 9600.39 5580.79 96003.31 37.13 3875.66 2004-05 4148.69 68586.46 989.25 3259.62 15160.60 13718.65 13632.95 2420.66 121916.89 134.58 4632.64 2005-06 5502.24 87790.16 2784.79 7109.68 18599.70 16016.36 14552.52 3335.14 155690.58 44.25 5378.68 2006-07 6148.06 135782.09 1549.87 10735.72 24942.66 21491.20 21495.40 1302.02 223447.02 42.27 7602.43 2007-08 7482.50 155909.89 6917.27 15643.96 27510.51 18052.65 23837.56 2512.84 257867.17 - - 2008-09 5129.57 225328.98 8563.39 22373.98 36870.26 24764.58 14977.53 575.73 338584.01 - - Mean 4845.80 100450.15 2852.59 7975.74 18052.23 16113.94 13878.34 3810.57 167979.37 225.61 4765.47 SD 1591.52 66541.31 3131.80 7752.83 11128.97 4991.07 6478.05 2798.25 96332.52 304.01 1560.97 CV 32.84 66.24 109.79 97.21 61.65 30.97 46.68 73.43 57.35 134.75 32.76 CAGR 12.58 30.69 51.14 57.95 32.84 11.79 20.93 -27.86 26.22 -41.96 16.19 Source: Basic Statistical Returns, RBI, Mumbai, various issues
Percentage Distribution of Occupation-wise Outstanding Credit of SBI & its Associates (Metropolitan)
Table 5.24 shows Percentage Distribution of Occupation-wise
Outstanding Credit of SBI & its Associates. Percentage distribution of
outstanding credit in average terms in case of Agriculture comes to be 3.32
and in case of Industry it is 57.30. This shows that percentage distribution of
outstanding credit is more in case of Industry as compared to Agriculture. It is
c 148 C
lowest in case of Transport operators i.e. 1.37. Standard deviation is higher in
case of industry indicating more variability and low in case of transport
operators indicating more homogeneity. Coefficient of variation in case of
Artisans, Village and tiny Industries comes to be 154.78 and in case of all
others is 109.25. In case of Industry C.V. is 8.92 and in case of Agriculture is
29.94. Growth rate Analysis shows that growth rate in case of Agriculture
comes to be -10.80 and in case of Industry it is 3.55. In case of Professional
and other services growth rate is 25.15. Growth rate is negative in case of
trade (-11.43), finance (-4.19) and all others (-42.84), Artisans, Village and
Tiny Industries (-53.75), other small scale Industries (-7.41). This shows that
growth rate is satisfactory in case of Professional and other services, low in
case of Industry and dissatisfactory in case of trade, finance, all others,
Artisans, Village and Tiny Industries and other small scale industries.
Table 5.24
Percentage Distribution of Occupation-wise Outstanding Credit of SBI & its Associates (Metropolitan)
Occupation/ Year
Agriculture
Industry
Transport Operator
s
Professional & other services
Personal Loans
Trade
Finance
All other
s
Total Bank Credit
of which Artisans, Village &
Tiny Industrie
s
of which other Small Scale
Industries
2001-02 4.18 50.67 0.67 1.71 6.96 16.90 6.41 12.49 100.00 1.13 4.85
2002-03 3.42 52.47 0.82 1.62 9.26 14.43 10.64 7.33 100.00 0.36 4.61
2003-04 4.85 54.82 0.93 2.27 9.46 11.85 10.00 5.81 100.00 0.04 4.04
2004-05 3.40 56.26 0.81 2.67 12.44 11.25 11.18 1.99 100.00 0.11 3.80
2005-06 3.53 56.39 1.79 4.57 11.95 10.29 9.35 2.14 100.00 0.03 3.45
2006-07 2.75 60.77 0.69 4.80 11.16 9.62 9.62 0.58 100.00 0.02 3.40
2007-08 2.90 60.46 2.68 6.07 10.67 7.00 9.24 0.97 100.00 - -
2008-09 1.52 66.55 2.53 6.61 10.89 7.31 4.42 0.17 100.00 - -
Mean 3.32 57.30 1.37 3.79 10.35 11.08 8.86 3.94 100.00 0.28 4.03
SD 0.99 5.11 0.84 1.98 1.75 3.37 2.28 4.30 0.00 0.43 0.60
CV 29.94 8.92 61.88 52.14 16.90 30.38 25.79 109.25 0.00 154.78 14.84
CAGR -10.80 3.55 19.75 25.15 5.25 -11.43 -4.19 -42.84 0.00 -53.75 -7.41
Source: Calculated Values
Population Group-wise and Occupation-wise Outstanding Credit of SBI & its Associates (All India)
c 149 C
Table 5.25 shows Population Group-wise & Occupation-wise
Outstanding Credit of SBI & its Associates in case of All India. Average figure
of Outstanding Credit in case of Agriculture is Rs.42958.84 Cr & in case of
Industry it is Rs.150907.28 Cr. This shows that distribution of outstanding
credit is more in case of Industry as compared to Agriculture. Average figure
of outstanding credit in case of personal loans is Rs.75541.89 Cr. In case of
transport operators it is Rs.4287.66 Cr. Standard deviation is higher in case
of industry indicating more variability and low in case of transport operators
indicating more homogeneity. Coefficient of variation is fairly consistent
among various occupations over period of time. Growth rate Analysis shows
that growth rate in case of Agriculture is 24.70 and in case of Industry is
27.08. In case of professional and other services it is 46.62 and in case of all
others it is -24.08 and in case of Artisans, Village and Tiny Industries it is
6.39. This shows that growth rate is most satisfactory in case of Professional
and other services, satisfactory in case of Industry as compared to Agriculture
and dissatisfactory in case of all others being negative and low in case of
Artisans, Village and Tiny Industries.
Table 5.25 Population Group-wise and Occupation-wise
Outstanding Credit of SBI & its Associates: (All India) Rs Cr.
0ccupation/ Year Agriculture Industry Transport
Operators Professional
& other services
Personal Loans Trade Finance All others Total Bank
Credit
of which Artisans, Village &
Tiny Industries
of which Other Small Scale
Industries 2001-02 19532.75 63683.73 1510.38 2982.40 22455.53 26668.67 6397.34 20457.07 163687.87 3520.36 8025.34 2002-03 20420.22 69772.50 1640.15 3339.56 31425.98 25744.91 11972.94 18183.34 182499.60 2821.17 8709.79 2003-04 25286.38 80249.72 1812.70 4794.89 43097.57 24048.15 10591.39 18584.23 208465.04 2345.81 9265.25 2004-05 31065.50 108959.86 2180.04 7217.71 65016.29 29537.37 15095.07 6951.13 266022.97 3251.55 12161.73 2005-06 42654.32 141778.77 4157.59 12895.59 84705.84 37407.10 16451.19 9892.39 349942.78 3879.16 15514.68 2006-07 56059.58 196283.94 2948.41 17391.85 98788.53 47112.91 24044.73 5732.14 448362.08 4203.83 18159.27 2007-08 73328.08 234031.30 8742.40 28553.75 115921.68 48197.72 27409.65 6107.02 542291.61 - - 2008-09 75323.85 312498.41 11309.57 33670.13 142923.72 60594.61 18361.55 2573.18 657255.04 - - Mean 42958.84 150907.28 4287.66 13855.74 75541.89 37413.93 16290.48 11060.06 352315.87 3336.98 11972.68 SD 22841.21 89527.76 3708.15 11814.33 42633.02 13309.58 6953.97 6957.54 181606.64 683.34 4108.86 CV 53.17 59.33 86.48 85.27 56.44 35.57 42.69 62.91 51.55 20.48 34.32 CAGR 24.70 27.08 33.97 46.62 30.30 14.17 18.23 -24.08 23.53 6.39 19.00
Percentage Distribution of Occupation-wise Outstanding Credit of SBI & its Associates (All India)
Table 5.26 indicates Percentage Distribution of Occupation-wise
Outstanding Credit of SBI & its Associates in case of All India. Percentage
c 150 C
distribution of outstanding credit in average terms in case of agriculture comes
to be 12.08 and in case of Industry it is 41.45. This shows that percentage
distribution of outstanding credit is more in case of Industry as compared to
Agriculture. It is lowest in case of transport operators that is 1.09. Standard
deviation is higher in case of personal loans indicating more variability and
low in case of transport operators indicating more homogeneity. Coefficient of
variance is highest in case of all others indicating more variability and lowest
in case of agriculture indicating more consistency and less variability. Growth
rate Analysis shows that growth rate in case of Agriculture comes to be 0.95
and in case of Industry it is 2.88. Growth rate is negative in case of trade (-
7.57), finance (-4.29), All others (-38.54), Artisans, Village and Tiny Industries
(-13.48) and in case of other small scale Industries (-3.23). This shows that
growth rate is satisfactory in case of Professional and other services, low in
case of Agriculture and Industry and dissatisfactory in case of trade, finance,
All others, Artisans Village and Tiny Industries and other Small scale
Industries.
Table 5.26 Percentage Distribution of Occupation-wise
Outstanding Credit of SBI & its Associates: (All India)
0ccupation/ Year
Agriculture
Industry
Transport Operator
s
Professional & other services
Personal Loans
Trade
Finance
All other
s
Total Bank Credit
of which Artisans, Village &
Tiny Industrie
s
of which Other Small Scale
Industries
2001-02 11.93 38.91 0.92 1.82 13.72 16.29 3.91 12.50 100.00 2.15 4.90
2002-03 11.19 38.23 0.90 1.83 17.22 14.11 6.56 9.96 100.00 1.55 4.77
2003-04 12.13 38.50 0.87 2.30 20.67 11.54 5.08 8.91 100.00 1.13 4.44
2004-05 11.68 40.96 0.82 2.71 24.44 11.10 5.67 2.61 100.00 1.22 4.57
2005-06 12.19 40.51 1.19 3.69 24.21 10.69 4.70 2.83 100.00 1.11 4.43
2006-07 12.50 43.78 0.66 3.88 22.03 10.51 5.36 1.28 100.00 0.94 4.05
2007-08 13.52 43.16 1.61 5.27 21.38 8.89 5.05 1.13 100.00 - -
2008-09 11.46 47.55 1.72 5.12 21.75 9.22 2.79 0.39 100.00 - -
Mean 12.08 41.45 1.09 3.33 20.68 11.54 4.89 4.95 100.00 1.35 4.53
SD 0.72 3.21 0.39 1.38 3.59 2.49 1.14 4.73 0.00 0.44 0.30 CV 5.97 7.75 35.71 41.51 17.39 21.61 23.29 95.55 0.00 32.74 6.60 CAGR 0.95 2.88 8.45 18.69 5.49 -7.57 -4.29 -38.54 0.00 -13.48 -3.23 Source: Calculated Values ROLE OF SBI IN SOCIO-ECONOMIC DEVELOPMENT OF INDIA
c 151 C
Community Service Banking2
Currently the focus of SBI under Community Service Banking are:
• Health
• Education
• Adoption of Girl Child
• Women’s empowerment
• Child development
• Welfare and rehabilitation of poor and handicapped
• Assistance to poor and underprivileged
• Entrepreneur development programmes
• Vocational guidance
• Thrust for assistance to IT education in Rural/Tribal/unreached areas
• Environment Protection
• Assistance during natural calamities
Projects during FY 2009-10
• 114 projects were assisted with Rs. 6.93 crore covering the areas of
Health, Education, Assistance for Handicapped, Sports, Environment
and Assistance to tribal & other under-privileged members of the
society.
• 6 projects amounting to Rs. 5.22 crore were undertaken for providing
relief and rehabilitation to victims of Natural Calamities. Of this Rs. 5.15
crore was donated to the Chief Minister’s Relief Funds of 4 states.
• Adoption of Girl Child
As a part of its commitment to the welfare of our society, the
Bank decided to adopt Girl Children in the age group 6 to 14 who were
orphans, destitute, physically handicapped, belonging to poor families.
This initiative was started in 2008 with 8,338 children. There are
presently 19534 girl children covered under the scheme. These belong
to 6658 schools spread all over the country and have adopted by 5726
branches. An assistance of Rs. 4.84 crore was extended during
financial year 2009-10.
• SBI Children’s welfare Fund 2 Annual Report, State Bank of India, 2009-10
c 152 C
This fund was set up with donations from employees of SBI with
matching contributions from the Bank to assist underprivileged and
poor children in their educational and economic development,
undertook 6 projects during FY 2009-10 and distributed grants of Rs.
4.58 lacs for child welfare projects.
• Credit Assistance provided to Scheduled Castes and Scheduled Tribes The credit assistance provided by the Bank to Scheduled
Castes and Scheduled Tribes stands at Rs. 11872.80 crore and forms
6.31% of total Priority sector advances of the Bank as on 31.03.2010.
• Rural Self-Employment Training Institutes (RSETIs)
RSETIs offer free, unique and intensive short-term residential
self-employment training programmes with free food and
accommodation, designed specifically for rural youth. Under the
guidance of Ministry of Rural Development (MoRD), GoI, the Bank has
established 67 RSETIs as on 31.03.2010 in the lead districts across
the country; conducted 1748 training programmes; trained 46,626
candidates and arranged credit linkage to 18019 beneficiaries. • Prime Minister’s New 15 Point Programme for the Welfare of
Minorities and Implementation of Sachar Committee Recommendations
The Bank has implemented Prime Minister’s New 15 Point
Programme for the welfare of Minorities whose important objective is to
ensure that an appropriate percentage of the Priority Sector Lending is
targeted for the minority communities and that the benefits of various
Government sponsored schemes reach the underprivileged,
particularly the disadvantaged section of Minority Communities. Rural Credit
Rural Business Group deals with the business of the bank at all rural
and semi-urban centres. It handles deposit portfolio of Rs. 2,54,210 crore and
credit portfolio of Rs. 1,43,380 crore, which is 35% and 26% of the Bank’s
total domestic and credit portfolio respectively as on 31.03.2010. Advances to Weaker Section The Bank has extended advances to the tune of Rs. 56,085 crore as
on 31.03.2010 to the weaker sections which is 12.14 percent of Adjusted Net
c 153 C
Bank Credit (ANBC) against the benchmark of 10 percent of the ANBC set by
Reserve Bank of India. Micro Finance and Financial Inclusion
• The Bank is the market leader (market share around 31%) in SHG-
Bank Credit Linkage programme having credit linked so far 17.13 lacs
SHGs (3.40 lacs SHGs credit linked during FY 2009-10) and disbursed
loans to the extent of Rs. 11,562 crore (cumulative). The Bank has
rolled out several unique products like SHG Credit Card, SHG Sahayog
Niwas and SHG Gold Card.
• A new scheme for financing NGOs/MFIs for on-lending to SHGs
introduced.
• Coverage of Micro Insurance product-Grameen Shakti has been
extended. One million lives have been covered so far.
• SBI has been rated as the Best Public Sector Bank for Rural Reach by
Dun and Bradstreet Banking Award 2009.
• SBI has been awarded with Best Microfinance Award for the year 2009
by the Asian Banker from the financial institutions across the Asia,
Pacific, Gulf and Central Asia regions.
• Coverage of unbanked village increased from 53,000 in March 2009 to
1,03,938 in March 2010.
• Considering the fact that a majority of 6.38 lacs habitations in India are
not served by a Commercial Bank or Regional Rural Bank, the Bank
took upon itself the task of reaching out to these unbanked villages and
making available the basis banking facilities at affordable cost.
• Bank undertook multi-pronged approached of engaging Business
Facilitators (BFs), Business Correspondents (BC) and technological
innovations to cover the unbanked villages besides expanding through
new branches. Corporate Social Responsibility Corporate Social Responsibility has been a part of the State Bank of
India since 1973 under the name of the community service banking covering
various social, environmental and welfare activities. The stated Corporate
Philosophy is as follows :
c 154 C
• The Bank is a corporate citizen with resource at its command and
benefits which it derives from operating in the society in general. It
therefore, owes a solemn duty to the less fortunate and underprivileged
members of the same society.
• Staff members are expected to make their contribution by
understanding the aspiration of the public around them and by
endeavouring to evolve measures to remove the politically indisputable
social and developmental lacunae.
• During the financial year 2009-10, the Bank implemented 136 projects
with donations aggregating Rs. 19.72 crore. Numerous welfare and
social activities were implemented both in Banking and Non-Banking
areas with basic aim of raising the quality of life in the community,
especially in and around the area of operation of the branches.
Particular attention was given to ameliorating the condition of the
downtrodden and underprivileged common man. Green Banking Initiatives of the Bank Being a responsible Corporate Citizen of the country, the Bank has
adopted a Green Banking policy with an objective of contributing towards the
fight against the adverse climatic changes. The policy envisages two pronged
approach to address the issue that:
(i) To reduce the Bank's own carbon footprint.
(ii) To sensitise the Bank's clients to adopt low carbon emission practices.
As part of the Bank's operations, the Bank has initiated several
measures, which include switching over to energy efficient lighting systems,
installation of energy savers, efficient water management system, waste
disposal and tree plantations etc. Education Partnership with the Municipal Corporation of Greater Mumbai The Municipal Corporation of Greater Mumbai has launched a project
to transform and upgrade the outcome of education in schools run by the
Municipal Corporation. The Bank has agreed to support this project as a
partner for a period of 2 years as this project may evolve as a model for
replication across the country. The project has the following objectives:
• Improvement in student attendance from 50-60 percent to 90 percent.
c 155 C
• Reduction in drop-out rates especially at upper primary level.
• Enabling at least 30-50 percent of the children to speak English
comfortably.
• At least 20 percent of secondary school children getting strong
vocational training.
• At least 20 percent of parents being highly involved in the child's
learning.
• Creating infrastructure of the right quality in each school.
c 156 C
Home Loans SBI Home Loans is India's No.1 Home Loan Brand. It has maintained
its position as India's "Most Preferred Home Loan" Brand in CNBC - Awaaz
Consumer Awards continuously for 4 years since 2006. SBI home loans has
been rated as "The Best Home Loan" in India by the panel of the eminent jury
in NDTV - Outlook Money Awards continuously since 2008. Home loans play
a pivotal role in the Bank's retail business strategy. Education Loans With an increase in the number of students opting for higher studies in
India and abroad. Education loans have grown at 34.62 percent YOY (as on
March 2010). SBI has extended 4,33,789 Educational Loans with a total
exposure of Rs. 8.907 crore (as on March 2010). Currently SBI is the market
leader in Education Loans with a market share close to 25 percent. SBI
believes in contributing towards the future of India and the youth that will be
the face of India in coming years.
It can be concluded that SBI and its associates has strong and wide
spread network of branches even in rural and semi-urban areas. SBI and its
associates are actively engaged in the socio-economic development of the
country. SBI serves as a pioneer in many areas of social welfare. Growth rate
in financing of agriculture, small enterprises and priority sector advances is
favourable.
SBI has also contributed remarkably to poverty alleviation and
employment programmes. It is also engaged in providing assistance for
health, education etc. It is also involved in environment protection and green
banking.
*********