As mentioned by Dinesh Kumar Khara, Chairman of SBI it was bought to notice that even during the pandemic the trade sector continued to flourish and they were in a full position to even bet on a high degree of quality. They have witnessed a growth of around 10 percent in the home loan sector and SBI has distinguished itself by prevailing as the largest lender and recording a growth of around Rs 5 lakh crore in their home loan book. The trade sector has witnessed unbound growth even in the slackened sector. The trade is slackened as SBI has only been offering loans to the one’s who tend to have corporate accounts with them. There has been robust growth even in the gold loan book as SBI has recorded a growth of Rs 18,000 crore in the gold loan sector. Small and Medium-Sized Enterprises have even shown a growth of around 7 percent. They have started assisting their limits which are already approved and some friction has even been seen in the large corporates.
State Bank of India has overseeded to show growth that is well above the average shown by the industry. They have managed to cater to high growth without even compromising on their quality. The asset quality is up to the mark and has not drifted wide apart and have even tended to improve on their delivery. Being the largest lender is like a communal responsibility which is more like a responsibility of a trustee as there is a wide range of expectations from the investors and the demands being comparable to those of global banks so SBI in the best position to fulfill all these responsibilities and live up to the expectations of their investors.