State Bank of India 2024 AR2

The report highlights State Bank of India's financial and non-financial performance for the fiscal year 2023-24, showcasing a standalone net profit of ’61,077 Crore, representing a 21.59% year-on-year growth. The bank expanded its digital footprint with YONO registrations reaching approximately 1.3 Crore during the year and women comprising 27% of its workforce. On the sustainability front, the bank established a dedicated ESG & Climate Finance Unit, achieved IGBC green building ratings for 13 of its prestigious buildings, and launched the SBI Green Rupee Term Deposit to finance green initiatives. Additionally, the bank supported various community development projects, allocating ’502.32 Crore for corporate social responsibility activities.

Company: State Bank of India

Sector: Financials

Country: India

Year: 2024

Type: AR2

Pages: 364

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State Bank of India

State Bank of India 2024 Annual Report

Annual Report

The report highlights State Bank of India's financial and non-financial performance for the fiscal year 2023-24, showcasing a standalone net profit of ’61,077 Crore, representing a 21.59% year-on-year growth. The bank expanded its digital footprint with YONO registrations reaching approximately 1.3 Crore during the year and women comprising 27% of its workforce. On the sustainability front, the bank established a dedicated ESG & Climate Finance Unit, achieved IGBC green building ratings for 13 of its prestigious buildings, and launched the SBI Green Rupee Term Deposit to finance green initiatives. Additionally, the bank supported various community development projects, allocating ’502.32 Crore for corporate social responsibility activities.

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Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees