State Bank of India 2023 AR2
The report highlights State Bank of India's financial and non-financial performance for the fiscal year 2022-23, showcasing its resilience and digital transformation. The bank achieved a record standalone profit after tax of ₹50,232 crore, representing a 58.58% year-on-year growth, and expanded its digital footprint with over 6.07 crore registered YONO users. On the sustainability front, SBI concluded a landmark US$ 1 billion syndicated social loan, raised its CDP rating to 'B', and sanctioned ₹36,243 crore for renewable energy projects. Additionally, the bank demonstrated its commitment to social responsibility by allocating ₹316.76 crore to CSR activities, benefiting approximately 54 lakh people across India.
Company: State Bank of India
Sector: Financials
Country: India
Year: 2023
Type: AR2
Pages: 346
State Bank of India
Annual Report
The report highlights State Bank of India's financial and non-financial performance for the fiscal year 2022-23, showcasing its resilience and digital transformation. The bank achieved a record standalone profit after tax of ₹50,232 crore, representing a 58.58% year-on-year growth, and expanded its digital footprint with over 6.07 crore registered YONO users. On the sustainability front, SBI concluded a landmark US$ 1 billion syndicated social loan, raised its CDP rating to 'B', and sanctioned ₹36,243 crore for renewable energy projects. Additionally, the bank demonstrated its commitment to social responsibility by allocating ₹316.76 crore to CSR activities, benefiting approximately 54 lakh people across India.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees