Winning Bizness Desk

Mumbai. Country's topmost bank, State Bank of India has appointed Indian cricketer and former cricket captain Mahendra Singh Dhoni as its brand ambassador. The largest public sector bank has given a big responsibility to MS Dhoni and it has expressed hope that Dhoni will play an important role in marketing and promotion. Dinesh Khara, Chairman, State Bank of India, said, "We are delighted to include MS Dhoni as the brand ambassador of SBI. Dhoni's association with SBI will give our brand a new identity. This decision is a partnership and our aim is to further strengthen our commitment to serve the country and our customers with trust, integrity and unwavering dedication." State Bank of India is the largest commercial bank in terms of assets, deposits, branches, customers and employees in the whole country. SBI Bank is the largest lender in the country also.

Home loan portfolio is over Rs 6.53 lakh crore

State Bank of India has so far fulfilled the home buying dreams of more than 30 lakh Indian families. The bank's home loan portfolio is over Rs 6.53 lakh crore. As of June 2023, State Bank of India's deposits stood at Rs 45.31 lakh crore and the CASA ratio was 42.88 percent. SBI's market share in home loans and auto loans is 33.4 percent and 19.5 percent respectively. SBI has the largest network of 22,405 branches and 65,627 ATMs or ADWMs with 78,370 BC outlets. State Bank of India has 117 million internet banking customers and 64 million mobile banking customers. In terms of digital lending, public sector banks in the country have sanctioned Rs 5,428 crore through YONO. Number of followers on Facebook and Twitter in Q1 FY 2024 is highest among all banks.