State Bank of India (SBI) targets balance-sheet size of 25% of India's GDP by 2030

Key facts

• State Bank of India (SBI) aims to expand its balance-sheet to approximately 25 per cent of India's GDP by 2030, increasing from the current level of about 20 per cent.
• SBI plans to improve its market share by one per cent in each of the 800 districts in India in FY27.
• As of December 2025, the balance-sheet of SBI stood at ₹71.62 lakh crore.
• The total business of SBI as of December 2025 was ₹103.29 lakh crore, comprising deposits of ₹57.01 lakh crore and advances of ₹46.28 lakh crore.
• SBI's market share in deposits and advances stood at approximately 22 per cent and 20 per cent, respectively, as of December 2025.
• The bank aims to rank among the top 10 global banks by market capitalisation, compared to its 27th position in November 2025.
• SBI intends to activate at least 25 per cent of its unclaimed deposits, which amount to ₹19,500 crore.
• The bank will deploy Seva Sarathis (service guides) in 10,000 high footfall branches.
• SBI launched the YONO 2.0 mobile banking app in 2025 and targets onboarding over 20 crore users, up from the current 10 crore.
• SBI serves approximately 53 crore customers through 23,125 domestic and 244 foreign branches or offices.
• The bank's asset expansion strategy focuses on the corporate segment and RAM (retail, agriculture and MSME) segments.