State Bank of India
NSE:SBIN
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State Bank of India
Interest Expense
State Bank of India
Interest Expense Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Interest Expense | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
State Bank of India
NSE:SBIN
|
Interest Expense
â‚ą2.7T
|
CAGR 3-Years
21%
|
CAGR 5-Years
11%
|
CAGR 10-Years
8%
|
||
ICICI Bank Ltd
NSE:ICICIBANK
|
Interest Expense
â‚ą831.8B
|
CAGR 3-Years
27%
|
CAGR 5-Years
14%
|
CAGR 10-Years
N/A
|
||
HDFC Bank Ltd
NSE:HDFCBANK
|
Interest Expense
â‚ą1.8T
|
CAGR 3-Years
46%
|
CAGR 5-Years
25%
|
CAGR 10-Years
N/A
|
||
Axis Bank Ltd
NSE:AXISBANK
|
Interest Expense
â‚ą675.5B
|
CAGR 3-Years
27%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
||
Kotak Mahindra Bank Ltd
NSE:KOTAKBANK
|
Interest Expense
â‚ą261.4B
|
CAGR 3-Years
30%
|
CAGR 5-Years
10%
|
CAGR 10-Years
15%
|
||
Bank of Baroda Ltd
NSE:BANKBARODA
|
Interest Expense
â‚ą741.6B
|
CAGR 3-Years
23%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
State Bank of India
Glance View
State Bank of India (SBI), the country's largest public sector bank, presents an intriguing opportunity for investors looking to tap into the Indian banking sector's robust growth potential. Established in 1955, SBI has evolved into a financial powerhouse with a vast network of over 22,000 branches and 58,000 ATMs spread across the country, as well as a growing international presence. The bank serves millions of customers, offering a wide range of financial products including personal banking, corporate banking, wealth management, and insurance. Its deep-rooted history, government backing, and extensive infrastructure position SBI as a strong contender to capitalize on India’s expanding economy and increasing financial inclusion efforts, presenting a promising narrative for long-term investors. In recent years, SBI has shown resilience and adaptability in navigating the challenges posed by economic fluctuations and the global pandemic. The bank has focused on digitization, improving customer experience through innovative banking solutions, and recovering asset quality by managing non-performing assets (NPAs). With a solid capital base and strong credit ratings, SBI is well-equipped to pursue growth opportunities in retail lending, government financing, and infrastructure projects. As India marches toward becoming a $5 trillion economy, SBI's strategic initiatives and commitment to leveraging technology make it an attractive investment choice for those looking to gain exposure to one of the most dynamic banking landscapes in the world.
See Also
What is State Bank of India's Interest Expense?
Interest Expense
2.7T
INR
Based on the financial report for Jun 30, 2024, State Bank of India's Interest Expense amounts to 2.7T INR.
What is State Bank of India's Interest Expense growth rate?
Interest Expense CAGR 10Y
8%
Over the last year, the Interest Expense growth was 33%. The average annual Interest Expense growth rates for State Bank of India have been 21% over the past three years , 11% over the past five years , and 8% over the past ten years .