SBI Share Price Target 2023, 2025, 2026, 2027, 2030, 2035, 2040, 2050
SBI Bank, also known as the State Bank of India, is a government-owned banking and financial services company headquartered in Mumbai, India. It is the largest bank in India and one of the largest banks in the world, with over 22,000 branches and 58,000 ATMs across India and operations in 36 other countries.
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SBI Bank Overview
SBI Bank was founded in 1955 and was originally named the Imperial Bank of India. It was later renamed the State Bank of India in 1955 after the Reserve Bank of India acquired a controlling interest in the bank. Today, SBI Bank is a leading player in the Indian banking industry and continues to expand its services both within India and internationally.
SBI Bank offers a wide range of banking and financial products and services to its customers, including personal banking, corporate banking, international banking, and rural banking. Some of the services offered by SBI Bank include savings accounts, current accounts, fixed deposits, loans, credit cards, insurance, investments, and online banking.
Business Model of State Bank of India
State Bank of India (SBI) is one of the largest banks in India and operates under a variety of business models. Here are some key aspects of its business model:
- Diversified financial services: SBI offers a wide range of financial products and services, including retail banking, corporate banking, agricultural banking, international banking, and more. This allows the bank to cater to the needs of a diverse set of customers.
- Focus on technology: SBI has been investing heavily in technology to improve its services and customer experience. It has a strong online and mobile banking platform, and is also exploring new technologies such as blockchain.
- Large branch network: SBI has a large network of branches and ATMs across India, which allows it to reach customers in even remote areas. This also helps in acquiring new customers and building relationships.
- Fee-based income: SBI earns a significant portion of its income through fees and commissions on various financial services, such as loan processing fees, card fees, and transaction fees.
- Emphasis on risk management: SBI places a strong emphasis on risk management, with dedicated teams monitoring credit and operational risks. This helps the bank to mitigate risks and maintain its financial stability.
- Corporate social responsibility: SBI is committed to social responsibility and has various programs and initiatives in place to give back to the community. This includes supporting education, healthcare, and environmental sustainability.
SBI Bank Share Price
SBI Bank, also known as the State Bank of India, is a publicly traded company listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). Its stock ticker symbol is SBIN.
As of September 28, 2023, the market price of SBI Bank’s stock on the NSE was approximately 590.50 Indian Rupees (INR) per share, and on the BSE it was approximately 590.55 INR per share.
| Company Name | State Bank of India (SBI) |
| Share Name | SBIN |
| Founded in | 1955 |
| Headquarters | Mumbai |
| CEO | Dinesh Kumar Khara |
| Revenue | ₹406,973 crore (US$51 billion) (FY 2022) |
| Market Capitalization | INR 4.76 Trillion |
| Primary Exchange | NSE, BSE |
| Official Website | www.sbi.co.in |
Shareholding of SBI Bank
The shareholding pattern of SBI Bank is as follows:
- Promoter and promoter group: The Government of India is the promoter of SBI Bank, it held a 61.58% stake in the bank.
- Foreign institutional investors (FIIs): FIIs held a 14.72% stake in SBI Bank.
- Domestic institutional investors (DIIs): DIIs held a 12.73% stake in the bank.
- Retail investors: Retail investors held a 8.61% stake in SBI Bank.
- Others: Other shareholders, including non-institutional investors, held a 2.36% stake in the bank.
Annual Result of State Bank of India- Click Here
SBI Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹610 | ₹660 |
| 2024 | ₹675 | ₹710 |
| 2025 | ₹750 | ₹840 |
| 2026 | ₹860 | ₹920 |
| 2027 | ₹960 | ₹1080 |
| 2030 | ₹1525 | ₹1620 |
| 2040 | ₹2800 | ₹2950 |
| 2050 | ₹4050 | ₹4200 |
Note:- “That these share price targets for “SBI Bank Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
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SBI subsidiaries and joint ventures
SBI Bank, also known as the State Bank of India, has several subsidiaries and joint ventures. Here are some of the major ones:
- SBI Life Insurance Company Limited: SBI Bank has a 55% stake in this life insurance company, with the remaining 45% held by BNP Paribas Cardif. SBI Life Insurance offers a range of life insurance and pension products.
- SBI Cards and Payment Services Limited: SBI Bank has a 74% stake in this credit card company, with the remaining 26% held by Carlyle Group. SBI Cards and Payment Services offers a range of credit cards and related services.
- SBI Capital Markets Limited: This investment banking subsidiary of SBI Bank offers a range of services, including project advisory, capital markets, and mergers and acquisitions.
- SBI Funds Management Private Limited: This asset management company is a joint venture between SBI Bank and Amundi, with SBI Bank holding a 63% stake and Amundi holding the remaining 37%. SBI Funds Management offers a range of mutual funds and other investment products.
- SBI General Insurance Company Limited: This general insurance company is a joint venture between SBI Bank and Insurance Australia Group (IAG), with SBI Bank holding a 70% stake and IAG holding the remaining 30%. SBI General Insurance offers a range of insurance products, including motor, health, and home insurance.
SBI Share Price Target 2023
SBI Bank reported a consolidated net profit of Rs 20,410 crore (approximately $2.8 billion) for the fiscal year ended March 31, 2021. This was a significant improvement over the previous year, when the bank had reported a loss of Rs 6,547 crore (approximately $897 million) due to higher provisioning for bad loans.
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹610 | ₹660 |
SBI Share Price Target 2024
SBI Bank has a vast network of branches and ATMs across India, with over 22,000 branches and 58,000 ATMs as of September 2021. The bank also has a presence in 36 other countries, with branches in key international financial centers such as New York, London, and Tokyo.
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹675 | ₹710 |
SBI Share Price Target 2025
SBI Bank has received numerous awards and recognitions over the years, including being named the “Most Trusted Bank” in India by the Brand Trust Report in 2021. The bank has also been recognized for its CSR initiatives, digital banking services, and other areas. sbi share price target in 2025 will be Rs.750 & Rs.840.
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹750 | ₹840 |
SBI Share Price Target 2026
SBI Bank’s financial performance improved significantly in the previous year, driven by a reduction in provisions for bad loans and growth in the bank’s income. However, the bank’s gross NPAs increased, highlighting the continuing impact of the COVID-19 pandemic on the Indian economy.
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹860 | ₹920 |
SBI Share Price Target 2027
SBI Bank offers a wide range of products and services to its customers, including personal banking (savings accounts, loans, credit cards, etc.), corporate banking (working capital loans, project finance, etc.), international banking (trade finance, remittances, etc.), and rural banking (agricultural loans, microfinance, etc.). The bank also offers online and mobile banking services, allowing customers to access their accounts and perform transactions from anywhere.
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹960 | ₹1080 |
SBI Share Price Target 2030
On 14 September 2022, State Bank of India became the third Company (after HDFC & ICICI ) and & 7th Indian company to cross the ₹ 5-trillion market capitalisation on the Indian stock exchanges for the first time.
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹1525 | ₹1620 |
Future of SBI Bank Share
SBI Bank is the largest bank in India, and it plays a crucial role in the country’s financial system. In recent years, SBI has been investing heavily in digital technologies and expanding its reach in rural areas. This trend is likely to continue in the future as digital banking becomes more popular in India and the government’s financial inclusion efforts gain momentum.
SBI Bank is also expected to face stiff competition from new digital banks and fintech companies that are entering the Indian market. To stay competitive, SBI may need to continue to innovate and offer new products and services to meet the evolving needs of its customers.
Overall, the future of SBI Bank is likely to be influenced by factors such as economic growth, regulatory changes, technological advancements, and consumer preferences. While there may be some challenges and uncertainties ahead, SBI Bank’s strong brand, extensive network, and deep expertise in the Indian financial system should position it well for future success.
Risk of SBI Bank Share
SBI Bank is exposed to various risks that can impact its financial performance and stability. Some of the major risks that SBI Bank and other banks face include:
- Credit risk: This is the risk that borrowers may not be able to repay their loans or fulfill their obligations to the bank, leading to loan defaults and non-performing assets (NPAs). SBI Bank has a significant loan portfolio, and any increase in defaults or NPAs can impact its profitability and capital adequacy.
- Market risk: This is the risk that changes in interest rates, foreign exchange rates, and other market factors can impact the value of the bank’s assets and liabilities. As a large and diversified bank, SBI Bank is exposed to various market risks.
- Operational risk: This is the risk of loss due to inadequate or failed internal processes, people, and systems, or external events. Cybersecurity and technology failures are also examples of operational risks that banks face, and SBI Bank has invested heavily in digital technologies, which can also expose it to cyber risks.
- Liquidity risk: This is the risk that the bank may not have enough liquid assets to meet its obligations as they fall due. A sudden surge in withdrawals or a liquidity crunch in the broader financial system can create liquidity risk for banks.
- Regulatory risk: Banks are subject to extensive regulatory and compliance requirements, and failure to comply with these regulations can result in penalties and reputational damage.
FAQs –
The value of SBI Bank’s stock can fluctuate based on a variety of factors, including market conditions, economic trends, the bank’s financial performance, and global events. In Our Prediction SBI Share Price in 2023 in between Rs.610 to 660/-.
SBI Bank has a strong brand and a long history of operations, In 2023 future target of SBI Share will be Rs.600/-.
Yes, Its Safe to invest but It’s important to note that investing in the stock market carries risks, and investors should carefully consider their own financial situation and investment objectives before making any investment decisions.
In 2023 future Prediction of SBI Share price will be Rs.600/-.
As per our analysis & growth of SBI Shares from last two years, sbi share price target in 2025 will be between Rs.750 to Rs.850.
