SBI Chief Setty Targets 25% GDP Share, Aims for 1% Annual Market Share Growth

Banking
M
Moneycontrol•18-12-2025, 12:01
SBI Chief Setty Targets 25% GDP Share, Aims for 1% Annual Market Share Growth
- •SBI Chairman CS Setty aims to acquire 1% incremental market share annually, targeting 25% of India's GDP.
- •2025 exceeded expectations for SBI and the Indian economy, demonstrating resilience despite global headwinds.
- •SBI successfully exited Yes Bank, playing a crucial role in its restructuring and achieving a profitable outcome.
- •The bank expects 12-14% credit growth and 10-11% deposit growth in FY27, supported by strong capital and liquidity.
- •SBI is investing in technology and risk management to efficiently handle its growing scale and aims to double its balance sheet in 6-7 years.
Why It Matters: SBI targets aggressive market share growth to become 25% of India's GDP, building on strong performance.
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