Industry Internship Project – Batch 2022-2024 Batch

ANALYSIS OF ABSLI Value & Momentum FUND

Concerning “STATE BANK OF INDIA”

Submitted as an Industrial Internship Project at Aditya Birla Sunlife

Submitted By-Hrithik C. Karale

Submitted To- Faculty Guide Prof. Monali Samant
Roll. No. - PGDM- 021230022349
Batch- PGDM2022-24 (F4)
Name of Company Guide- Jitendra Bapna
Name of Company – Aditya Birla Capital
Company Guide Designation - Manager

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 ACKNOWLEDGEMENT

This project report's success and final result required a lot of guidance and support
from many people. I am very pleased to receive it as I complete my work on the project
report. Whatever I have done, I owe them their guidance and support, and I will never
forget to thank them. I am deeply grateful to ITM Business School for providing me
with the platform to work on this project. To do.

I would also like to take this opportunity to thank Professor . Monali Samant, a project
mentor, and Jitendra Bapna Sir, company leader, for their timely guidance, inspiration,
and encouragement in carrying out the work of this project. appreciate. I will make the
best possible use of my acquired skills and knowledge and will continue to work on
improving them to achieve my professional goals.

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 INDEX
Chapter: 1
Introduction to Aditya Birla Group
Introduction to Aditya Birla Capital
Chapter – 2
Global Analysis
Chapter:3
Economic Analysis
Chapter: 4
Indian Economy (Country Analysis)
British era (1793–1947)
Employment In Industry (% Of Total Employment)
The Employment Rate
Research Methodology
Chapter: 5
Sector Analysis
SWOT Analysis of State bank of india 37
Pestle analysis of state bank of india 39
Porters 5 Force model State bank of India
40
Chapter:6
State Bank Of Indial Fundamental Analysis
Components of Fundamental Analysis
Top-down Fundamental Analysis
Bottom-up Fundamental Analysis 45
Chapter:7 46
Company Introduction 46

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Chapter: 1
Introduction to Aditya Birla Group
Aditya Birla Group is withinside the League of Fortune
500, an international conglomerate. A brilliant pressure of
over 140,000 personnel belonging to one hundred
nationalities anchors it. The Group is constructed on a
robust basis of stakeholder cost creation. With over seven
years of accountable commercial enterprise practices,
their organizations have grown into international powerhouses in
various sectors – metals, pulp and fiber, chemicals, textiles, carbon
black, telecom and cement. Today, over 50% of Group sales float from
distant places operations that span 36 nations in North and South
America, Africa, and Asia.

Aditya Birla Capital Limited (ABCL) is the retaining business

enterprise of all of the economic offering organizations of the Aditya
Birla Group.

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Introduction to Aditya Birla Capital

Aditya Birla Capital is one of the most important personal

existence coverage groups, asset control groups, and standard
coverage agents withinside the country. It falls beneath the
pinnacle of 5 personal varied NBFCs in India. The purchaser attains of
Aditya Birla Capital Nation-Wide is extra than four hundred towns via
1,300+ factors of presence and over 200,000 agents/channel
companions.
Aditya Birla Capital's Aggregate belongings are worth more than Rs
3000 billion and have a lending e-book of Rs 601 billion as of December
31, 2019. It offers economic merchandise like Insurance, Wealth
Management, Financing, and Advising. A varied portfolio of thirteen
strains of commercial enterprise serving the give up giving up economic
desires of the clients.
Subsidiaries of Aditya Birla Capital:

Aditya Birla Finance Limited

Aditya Birla Finance Limited (ABFL) is among the leading well-
diversified financial services company in India offering end-to-end
lending, financing, and wealth management solutions to a
diversified range of customers across the country. ABFL caters to
the varied needs of a diverse set of customers ranging across retail, HNI, ultra
HNI, micro-enterprise SMEs ME, and mid and large corporates. ABFL offers
custom solutions in areas of personal and business loans, corporate finance,
mortgages, capital market-based lending, project loans, structured finance,
wealth management and digital lending, debt capital markets and syndication.
Aditya Birla Health Insurance Limited
Aditya Birla Health Insurance Co. Limited (ABHICL), a subsidiary
of Aditya Birla Capital Ltd (ABCL), is a joint venture between
Aditya Birla Group and MMI Holdings of South Africa. ABHICL
was incorporated in 2015 wherein Aditya Birla Capital Limited
(ABCL) and MMI Strategic Investments (Pty) Ltd. hold 51% and
49% shares respectively. ABHICL serves as an enabler and
influencer of health and healthcare choices that customers make, in
addition to being a payer of healthcare expenses.

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Aditya Birla Housing Finance Limited
Aditya Birla Housing Finance Limited (ABHFL) is a fast-growing
housing finance company (HFC) in India. It has a net worth of Rs.
11,569 million and a lending book valued at Rs. 108,283 million
as of on December 31st, 201 8. The company offers a complete
range of housing finance solutions such as home loans, home
extensions, plot & home construction loan, home improvement loans
against property, construction financing, lease rental discounting,
commercial property purchase loans and property advisory services.
Through its lending solutions, ABHFL enables customers to own their
homes home.

Aditya Birla Insurance Brokers Limited

Aditya Birla Insurance Brokers Limited (ABL), a subsidiary of
Aditya Birla Capital Limited, is a leading composite insurance
broker and regulated by the Insurance Regulatory and
Development Authority of India (IRDAI). ABIBL is in the
business of integrated insurance advisory services for companies
and individuals. ABIBL aims to simplify the complex world of
general insurance for its customers. It employs a team of experts to
analyse a client’s business and estimate the level of risk exposure before
structuring an appropriate general insurance solution. ABIBL focuses
on developing cost-eABLive and customised insurance packages while
ensuring that the process of claim settlements is swift and painless.
Aditya Birla Money
Aditya Birla Money Limited (ABML) is currently engaged in the
business of securities broking and is registered as a stockbroker with
SEBI. It offers equity and derivatives trading through NSE and BSE
and holds a PMS license from SEBI and offers pa portfolio
management services. It has a robust online and offline model with a
strong technological backbone to support a large, registered customer
base of around 350,685 customers. It offers a wide range of solutions
including broking, portfolio management services, depository and e-
insurance repository solutions and distribution of other financial
products.

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Aditya Birla PE Advisors Limited
Aditya Birla PE Advisors is a wholly owned subsidiary of ABCL.
It provides financial advisory and management services with focus
on managing venture capital funds and alternate investment funds.
ABPE is presently appointed as an investment manager to two SEBI registered
domestic venture capital funds, namely, Aditya Birla Private Equity - Fund I
and Aditya Birla Private Equity – Sunrise Fund, where it currently manages a
gross AUM of Rs. 11.63 billion under these two funds. In addition, ABPE
offers investment management and advisory services to domestic and global
investors and partners with its portfolio companies to provide them with
strategic direction for proper taxations. ABPE focuses on growth investments in
mid-market companies based in India. ABPE seeks to tap the broader
alternative funds market through a variety of products such as buyout funds and
mezzanine funds in the future.
Aditya Birla Sun Life Asset Management Company
Aditya Birla Sun Life AMC Limited (ABSLAMC, formerly
known as Birla Sun Life Asset Management Company Limited) is
established in 1994. It is a joint venture between the Aditya Birla
Capital Limited and Sun Life (India) AMC Investments Inc.
ABSLAMC is primarily the investment manager of Aditya Birla
Sun Life Mutual Fund, a registered trust under the Indian Trusts
Act, 1882. Additionally, ABSLAMC has various other business
lines such as Portfolio Management Services, Real Estate
Investments and Alternative Investment Funds., The Portfolio
Management Service is a highly customized service designed to
seek consistent long-term results by adopting a research based,
methodical approve search based.
Aditya Birla Sun Life Mutual Fund
Established in 1994, Aditya Birla Sun Life Mutual Fund (ABSLMF) is
co-sponsored by Aditya Birla Capital Limited (ABCL) and Sun Life
(India) AMC Investments Inc. Having total domestic assets under
management (AUM) of close to Rs. 2423 billion for the quarter ended
December 31st, 2018. ABSLMF is one of the leading Fund Houses in
India based on domestic average AUM as published by the Association
of Mutual Funds of India (AMFI). ABSLMF has an impressive mix of
reach, a wide range of product offerings across equity, debt, balanced as
well as structured asset classes and sound investment performance, and
around 6.8 million investor folios as of December 31st, 2018.

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Aditya Birla Sun Life Pension Management Limited
Aditya Birla Sun Life Pension Management Limited (ABSLPML)
(formerly known as Birla Sun Life Pension Management Ltd.),
incorporated in 2015, is a wholly owned subsidiary of Aditya Birla Sun
Life Insurance Company Limited. It is registered with the Pension Fund
Regulatory and Development Authority (PFRDA) to act as the Pension
Fund Manager of the NPS Trust under the National Pension System
(NPS) to manage the pension funds for the private sector or by the
applicable b, the schemes, the guidelines issued by the PFRDA.

Aditya Birla Asset Reconstruction Company Limited

Aditya Birla ARC, a subsidiary of Aditya Birla Capital Ltd (ABCL), is
incorporated on March 10, 2017, and received its license from the RBI
to commence business as an asset reconstruction company in March
2018. The net worth of Aditya Birla ARC as of March 31, 201,8 is INR
107 crore, and its revenue of March 31, 2,018 is INR 0.9 crore.
ABARC, upon com the commencement of business, has focused
primarily on acquiring the idle non-performing assets (NPA) lying in
the financial sector (including banks and financial institutions) with a
sector agnostic focus on the NPAs in the Micro, Small and Medium
Enterprises sector (SM, E/MSME) and the mid-corporate sector.

Aditya Birla Sun Life Insurance

Sun Life Financial is a leading international financial services

organization providing insurance, wealth and asset management
solutions to, individual and corporate Clients. Sun Life Financial has
operations in a number of markets worldwide, in several in e United
States, the United Kingdom, Ireland, Hong Kong, the Philippines,
Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia
and Bermuda. As of March 31, 2021, Sun Life Financial had total assets
under management of CAD 1,304 billion. For more information, please
visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto
(TSX), New York (NYSE) and Philippine (PSE) stock exchanges under
the ticker symbol SLF.

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Aditya Birla Sun Life Insurance Company Limited (ABSLI) is a part of Aditya
Birla Capital Ltd (ABCL). ABSLI was incorporated on August 4th, 2000, and
commenced operations on January 17th, 2001. ABSLI is a 51:49 joint venture
between the Aditya Birla Group and Sun Life Financial Inc., an international
financial services organization in Canada.

As of March 2021, total AUM of ABSLI Stood at Rs.526the ,151

million. ABSLI recorded a gross premium income of Rs. 97,752 million
in FY 2020-21 and registering a y-o-y growth of 22% registered Mnium
with Individual Business FYP at Rs 20,760 Mn. ABSLI has a
nationwide distribution presence nationwide branch, 7 bancassurance
partners, 6 distribution channels, over 90,000 direct selling agents and
its, other Corporate Agents, and Broke the webs websites website site.
here an Combover 13,000 employees and more than 17 lac active
customers.

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Chapter – 2
GLOBAL ANALYSIS
Before embarking on any stock research project, it is important to understand
the circumstances and events that play a significant role in influencing the
global economy. It is important to take a top-down approach to assess each
event that has had a significant impact on the market, both contemporary and
historical. For the same reason, we need to experience global events that can
affect our research.

Covid – 19 Crisis
The June 2020 Global Economic Prospects provides a short-term and near-term
outlook on the impact of the pandemic, as well as the long-term damage the
pandemic has done to growth prospects. Baseline projections project global
GDP to contract by 5.2% in 2020 using market exchange rate weightings. This
is the deepest global recession in decades, despite extraordinary efforts by
governments to combat the recession with fiscal and monetary support. In the
longer term, the deep recession caused by the pandemic will leave lasting marks
through reduced investment, erosion of human capital through job and
education losses, and fragmentation of global trade and supply links. is
expected. The economic impact of the COVID-19 pandemic in India has been
largely disorganized. According to the Ministry of Statistics, India's growth
slowed to 3.1 in the fourth quarter of 2020. The Indian government's top
economic adviser said the decline was mainly due to the impact of the
coronavirus pandemic on the Indian economy. India, in particular, experienced
a slowdown prior to the pandemic, and the currbeforeemic "extends existing
risks to India's economic outlook," according to the World Bank.
Economic activity fell from 82.9 on 22nd March to 44.7 on 26th April,
according to the Nomura India Business Resumption Index. By September 13,
2020, economic activity had largely returned to pre-lockdown levels. The
unemployment rate he rose from 6.7% on March 15 to 26% on April 19, before
returning to pre-lockdown levels by mid-June. An estimated 140 million (140
million) people have lost their jobs during the lockdown, and many others have
had their salaries cut. More than 45% of his households across the country
reported a year-over-year decrease in income. The Indian economy was
expected to lose more than 32,000 crores ($4.5 billion) each day for the first 21
days of the full lockdown declared after the coronavirus outbreak. Under full
lockdown, India's 2.8 Less than a quarter of the trillion-dollar economy was

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operational. Up to 53% of domestic businesses were expected to be significantly
affected. Supply chains are under pressure due to lockdown restrictions in place.
Initially, there was a lack of clarity in rationalizing what was "material" and
what was not. People in the informal sector and day labour groups were most at
risk. Many farmers across the country who grow fresh produce also face
uncertainty.
DOT COM BUBBLE
The dot-com bubble also referred to as the Internet bubble, refers to the period
between 1995 and 2000 when investors pumped money into Internet-based start-
ups in the hopes that these fledgling companies would soon turn a profit. The
speculative investments in dot-coms (so named for the ".com" domain used by
companies doing business on the Internet) drove up equity markets. The
technology-centric NASDAQ Composite Index rose from less than 1,000 in 1995
to a peak of 5,408.60 on March 10, 2000.
1. Online US start up- listed.
2. Private equity and hedge funds invest heavily in it.
3. Business models were unclear, began to make losses, and couldn’t
sustain.
4. All the investments began to fall.
5. Market collapsed.

SUBPRIME CRISIS
The US subprime crisis is the result of excess credit.
People who couldn't afford them and threw in them a ridiculous amount of
money.
The mortgage sector of investors who were very keen on high yields. what the
crisis brings Low-interest rates, rising house prices, and the other side of
mortgages. Securitization has brought huge profits. Many factors such as laws
like community Reinvestment Laws, Low-Interest Rates, Mortgage Brokers and
Lenders, and Rating Agencies played a role in creating the crisis. His Three Key
Aspects of the Subprime Saga Insufficient regulation of investment banks cites
relaxation of lending standards driven by greed in a regime of unrestricted
competition and asset markets unable to deliver surcharges from the debtor. It
shows once again that the financial sector is unique It can only be interrupted at
the expense of natural, unbridled, unregulated competition. Complete danger.

1. Stock market collapsed in 2008.

2. Interest rates were dropped to boost the economy.

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 3. New product (CDO) was made which had to be bought from the banks.
4. Eased the supply of money for the banks.
5. Equity and debt investors purchased the product from investment
bankers.
HOW DID CHINA FOOL THE WORLD?
1. China grew at an exponential rate.
2. Economy collapsed after the subprime crisis thus, China wanted to find a
way to grow.
3. Permission to banks- loan to real estate developers.
4. Shadow banking – no clear info about the loan given.
5. Developed Wuhan which was expensive and had no demand from the
buyer.

Why is the US dollar $ an international currency?

The U.S dollar was officially crowned the world’s reserve currency and was
backed by the world’s largest gold reserves thanks to the Bretton Woods
Agreement. Instead of gold reserves, other countries accumulated reserves of
U.S. dollars.9 Needing a place to store their dollars, countries began buying
U.S. Treasury securities, which they considered to be a safe store of money.

1. In WW2 only the US survived, almost all countries were destroyed.

2. Promised to help other countries on the condition that they should pay
in $
3. But other countries didn’t have $
4. The US promised to give $ in the reform of gold, with conditions.
5. Fix the rate of gold.
6. The US will not print $
7. 8000 tons of gold given to the US in return of paper $
8. The US created goods for sale in Europe.
9. Then came the Vietnam war, US lost and was vulnerable to the le.
10.The USA refused to give the gold back.

Greece crisis

The Greek debt crisis originated from heavy government spending and
problems escalated over the years due to a slowdown in global economic

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growth. When Greece became the 10th member of the European Union (EU)
on Jan. 1, 1981, the country's economy and finances were in good shape, and
by 1999 the country had a respectable a debt-to-GDP ratio of less than 60 and a
budget deficit below 3% of GDP.1 In 2001, Greece joined the Eurozone and
adopted the common euro currency.

1. European countries came together in 1993.

2. Free trade
3. Common currency
4. Companies from one country moved to another country to do business.
5. Fiscal pol took care of the government.
6. Money policy took care of the ECB.
7. Small countries started taking advantage.

US-China trade war

The US-China trade war is an ongoing economic conflict between China and
the United States. US President Donald Trump began imposing tariffs and other
trade barriers on China in January 2018 to force changes in what the US calls
"unfair trade practices" and theft of intellectual property. rice field. try to force.
The Trump administration said such practices could contribute to the U.S.-
China trade deficit and force Beijing to transfer U.S. technology to China. The
Chinese government has resisted the Trump administration's nationalist
protectionism in response to US trade actions. After the trade war escalated in
2019, the two sides reached a phase one deal on January 15, 2020, but tensions
remained. At the end of Trump's presidency, it was widely said that the trade
war had largely failed. Investor uncertainty due to the trade war has caused
turmoil in the stock market. The Dow Jones Industrial Average fell 724 points
(2.9%) after the tariffs were announced amid trade war fears. Companies doing
business with China, such as Caterpillar and Boeing, have been hit hard. On
December 4, 2018, the Dow Jones Industrial Average fell nearly 600 points on
its worst day in almost a month, partly because of the trade war. The Dow Jones
Industrial Average rose 1,000 points on Dec. 26, even as major indices were
still down more than 10% during the December 2018 trade war, according to
Reuters. On Aug. 14, 2019, the Dow Jones Industrial Average lost its 800
points. This is due, in part, to rising trade tensions between the United States
and China. 9 days later in August. On February 23, the Dow Jones Industrial
Average fell 623 points, and President Trump privately ordered American
companies to immediately look for alternatives to doing business in China.

Why Vietnam is the next manufacturing hub?

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1. Easy to set up production unit due to better infrastructure.
2. Vietnam’s Nam investments in healthcare & education
3. Better human resource
4. Location near China
5. Vietnam doing pegged to USD (crawling peg)
6. Low cost & procedure to start a business.
7. Manufacturing hub- Ho Chi Minh City
8. Similarity to China is best (50%)
9. Almost no foreign a foreign company

Japan debt crises

1. Japanese people are spending less and less.

2. They are facing deflation.
3. Value of cash is going up, as every rupee saved is worth more.
4. They are spending even less.
5. Japanese government not getting enough taxation.
6. They had to pay up their loans interest.
7. So, they took more loans, and this went on and on and on

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Chapter:3

Economic Analysis
GDP
According to the latest IMF estimates, India's GDP in 2023 is expected to be
about 3.820 trillion U.S. dollars, which is almost 352 billion higher than in
20221. The growth rate for 2023 is estimated to be 6.06%, a decline from
20221. The World Bank expects India's real GDP to grow at 6.9% in FY23.

Industrial Implementation Production

India’s IIP

Industrial production in India went up 1.1 percent year-on-year in March 2023,

missing market expectations of a 3.3 percent rise and easing from a 5.6 percent
increase in the previous month. It was the lowest growth in industrial activity
since October last year, driven by a slowdown in factory activity (0.5 percent vs
5.6 percent in February). Elsewhere, mining activities increased 6.8 percent
while electricity generation fell 1.6 percent. In the 2022/23 financial year that
ended on March 31, industrial output grew 5.1% from the same period a year
earlier.

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.
Inflation
Annual inflation rate in India slowed sharply to 4.7% in April of 2023, the
lowest since October of 2021, from 5.7% in March, and slightly below forecasts
of 4.8%. Food inflation came in at 3.84%, the lowest since November of 2021,
with a fall in prices for vegetables (-6.5%), oils and fats (-12.3%) and meat (-
1.2%), partially offsetting a rise in cost for cereals (13.7%), milk (8.9%) and
spices (17.4%). Also, cost of sugar and confectionery went up 1.9%. A
slowdown was also seen in cost for fuel and light (5.5% vs 8.9%),
miscellaneous (4.9% vs 5.8%), clothing and footwear (7.5% vs 8.2%). On the
other hand, prices rose faster for pan, tobacco, and intoxicants (3.5% vs 3%)
and inflation was little changed for housing (4.91% vs 4.96%).

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Japan’s IIP
In Japan, the most important categories in the consumer price index are Food
(25 percent of total weight) and Housing (21 percent). Transportation and
communications account for 14 percent; Culture and recreation for 11.5 percent;
Fuel, light, and water charges for 7 percent; Medical care for 4.3 percent;
Clothes and footwear for 4 percent. Furniture and household utensils,
Education, and Miscellaneous goods and services account for the remaining.

India’s Interest Rate

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The Reserve Bank of India unexpectedly kept its benchmark policy repo at 6.5
percent during its April 2023 meeting after delivering six straight hikes, at odds
with the market projections of a 25-bps rate increase. The body said it was
closely monitoring the impact of recent global financial turbulence. According
to the policymakers, their stance remained focused on the withdrawal of
accommodation, meaning further tightening was not excluded. The pause in rate
hikes was for this meeting only. The RBI has lifted rates by an aggregate of
250bps starting from May 2022, pushing borrowing costs to a level of January
2019. Additionally, the board raised its growth forecast for the fiscal year
beginning in April to 6.5% from 6.4% and lowered its inflation forecast to 5.2%
from 5.3%.

Japan’s Interest rates

The Bank of Japan maintained its key short-term interest rate at -0.1% and that
of 10-year bond yields at around 0% in April by a unanimous vote but modified
guidance on its policy rate by removing reference toward the need to guard

18
against risks from the COVID pandemic and to keep interest rates at "current or
lower levels". In newly appointed Governor Kazuo Ueda's first meeting, the
board also decided to conduct a broad-perspective review of the monetary path,
with a planned time frame of around 1 to 1-1/2 years, saying its policies "have
interacted with and influenced wide areas of Japan's economy". Meanwhile, in a
quarterly outlook report, the officials cut their 2022 GDP growth forecast to
1.2% from 1.9% in January amid weaker private consumption. For FY 2023, the
bank slashed its GDP outlook to 1.4% from 1.7%. The CPI reading for FY 2022
remained around 3%, while for the following year, it was revised slightly higher
to 1.8% from 1.6%
Unemployment Rate
In India, the unemployment rate is estimated by directly interviewing a large
sample of randomly selected households. Centre for Monitoring Indian
Economy Consumer Pyramids panel of households includes over 174,405
households including over 522,000

members who are over 15 years old.

In Japan, the unemployment rate measures the number of people actively

looking for a job as a percentage of the labour force.

Ease of doing business

The Ease of doing business index ranks countries against each other based on
how the regulatory environment is conducive to business operation stronger
protections of property rights. Economies with a high rank (1 to 20) have
simpler and more friendly regulations for businesses.
India Ease of doing business

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Japan Ease of doing business

Business confidence index

In India, the Business Expectations Index (BEI) is calculated as a
weighted (share of GVA of different industry group) net response of
nine business indicators. The nine indicators considered are: (1) overall
business situation; (2) production; (3) order books; (4) inventory of raw
material; (5) inventory of finished goods; (6) profit margins; (7)
employment; (8) exports; and (9) capacity utilisation. BEI gives a
snapshot of the business outlook in every quarter and takes values
between 0 and 200, with 100 being the threshold separating expansion
from contraction. The number of total responses varies from quarter to
quarter and averaged 1,200 over the last two years.

India’s Business confidence index

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Japan Business confidence index

Consumer confidence summer

Consumer confidence in India refers to the Current Situation Index
(CSI) which is part of the Consumer Confidence Survey published by
the Reserve Bank of India. The survey is conducted in six metropolitan
cities - Bengaluru; Chennai; Hyderabad; Kolkata; Mumbai; and New
Delhi. It covers around 5,000 responses on households’ perceptions
and expectations on the general economic situation; the employment

21
scenario; the overall price situation; and their own income and
spending.

In Japan, the Monthly Consumer Confidence survey data is collected by

direct visit and covers about 4,700 households consisting of more than
two persons. The questionnaire covers four subjects: consumer
perceptions of overall livelihood, income growth, employment and
willingness to buy durable goods. For each subject an index based on
the respondents’ evaluation of what they consider the prospects to be
over the next six months is created. The Consumer Confidence Index is

the simple average of the four consumer perception indexes. A score

above 50 indicates optimism, below 50 shows lack of confidence and
50 indicates neutrality.

India’s below consumer confidence index Japan’s consumer confidence

index

Crude oil prices/ production (India & Japan)

Crude Oil Production in India increased to 601 BBL/D/1K in January
from 586.98 BBL/D/1K in December of 2022

India crude oil production

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Crude Oil Production in Japan decreased to 3.30 BBL/D/1K in
January from 3.40 BBL/D/1K in December of 2022.

Japan crude oil production

FDI/ FII investment growth

23
India’s FDI/ FII investment growth

Japan FDI/FII investment growth

Chapter: 4

24
Indian Economy (Country Analysis)

The economy of India is a middle-income developing market economy. It is the

world's fifth-largest economy by nominal GDP and the third
largest by purchasing power parity (PPP). According to the International
Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by
GDP (nominal) and 128th by GDP (PPP). From independence in 1947 until
1991, successive governments. promoted a protectionist economy. policies, with
extensive state intervention and economic regulation. This is characterized
as dirigisme, in the form of the License Raj. The end of the Cold War and an
acute balance of payments crisis in 1991 led to the adoption of a
broad economic liberalization at the start of the 21st century, the annual average
GDP growth has been 6% to 7%, and from 2013 to 2018, India was the
world fastest grow fastest-growing, surpassing China. Historically, India was
the largest economy in the world for most of the two millennia from the 1st
until the 19th century.

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British era (1793–1947)

The global contribution to the world's GDP by major economies from 1 CE to

2003 CE according to Angus Maddison's estimates. [47] Up until the 18th century,
China and India were the two largest economies by GDP output.

Estimated GDP per capita of India and United Kingdom during 1700–1950 in
1990 US$ according to Maddison. However, Maddison's estimates for 18th-
century India have been criticized as gross underestimates, Bairoch estimates
India had a higher GDP per capita in the 18th century, and Parthasarathi's
findings show higher real wages in 18th-century Bengal and Mysore. But there
is consensus that India's per capita GDP and income stagnated during the
colonial era, starting in the late 18th century.
Sectors
Historically, India has classified and tracked its economy and GDP in three
sectors: agriculture, industry, and services. Agriculture includes crops,
horticulture, milk and animal husbandry, aquaculture, fishing, sericulture,
aviculture, forestry, and related activities. Industry includes various

26
manufacturing sub-sectors. India's definition of services includes its
construction, retail, software, IT, communications, hospitality, infrastructure
operations, education, healthcare, banking and insurance, and many other
economic activities.
India - Employment in Industry (% Of Total Employment)

27
The Employment Rate
Employment Rate in India increased to 44.70 percent in the fourth
quarter of 2022 from 44.50 percent in the third quarter of 2022.

28
Foreign Trade
Foreign trade is an exchange of capital, goods, and services across international
borders or territories. In most countries, it represents a significant share of gross
domestic product (GDP). While international trade has been present throughout
much of history, its economic, social, and political importance has been on the
rise in recent centuries.

29
Research Methodology

The analysis done in this research paper is on the insurance sector and Value
& Momentum Fund For further study of Super 20 Fund, the fund is analysed,
out of which the main company is deeply analysed, as to why the fund
invests in this company (State Bank of India).

The data used in this research paper is secondary in nature. The secondary
data is collected from the organization’s website, journals, Textbooks, etc.,
Most of the data is collected from books and some of the data is gathered
from the websites.
1.
2. Data collection requires a lot of time and effort. The methods selected for
collecting data must be compatible with the resources, time, and money
available wrote the researcher. There are two types of sources of data i.e.,
primary data and secondary data. The main secondary sources of data are the
brochures and websites of the companies. The present study is based on
secondary data. The recent and popular plan is selected from Aditya Birla
Sun Life Insurance for the analysis.

30
Value & Momentum Fund- Birla Sun Life Insurance Value & Momentum
Fund
OBJECTIVE: To provide long-term wealth maximization by managing a well-
diversified equity portfolio predominantly comprising of deep value stocks with
strong price and earnings momentum.
STRATEGY: To build and manage a well-diversified equity portfolio of value
and momentum driven stocks by following a prudent mix of qualitative and
quantitative investment factors. This strategy has outperformed the broader
market indices over long-term. The fund would seek to identify companies,
which have attractive business fundamentals, competent management and
prospects of robust future growth and are yet available at a discount to their
intrinsic value and display good momentum. The fund will also maintain
reasonable levels of liquidity.

31
Chapter: 5
Sector Analysis
Introduction
The Indian banking sector is a crucial component of the country's financial
system and plays a vital role in supporting economic growth and development.
It encompasses a wide range of financial institutions, including commercial
banks, cooperative banks, regional rural banks, and specialized banks.
The sector is regulated and supervised by the Reserve Bank of India (RBI),
which is the country's central banking authority. The RBI formulates and
implements monetary policy, issues guidelines for banking operations, and
ensures the stability and soundness of the banking system.
Indian banks operate in a highly competitive and dynamic environment. Over
the years, the sector has undergone significant reforms to enhance efficiency,
transparency, and customer service. These reforms have included the
implementation of technology-driven initiatives, such as online banking, mobile
banking, and the Unified Payments Interface (UPI), which have transformed the
way banking services are delivered in the country.
The Indian banking sector is characterized by a mix of public sector banks
(PSBs), private sector banks, and foreign banks. PSBs are owned and controlled
by the government, while private sector banks are owned by private individuals
or corporations. Foreign banks operate in India through branches or subsidiaries
and bring global expertise and best practices to the Indian market.
In recent years, the banking sector has faced various challenges, including non-
performing assets (NPAs) or bad loans, which have put pressure on banks'
profitability and asset quality. Efforts have been made to address this issue
through mechanisms like the Insolvency and Bankruptcy Code (IBC) and
recapitalization of banks.
The Indian banking sector has witnessed a growing focus on financial inclusion
and reaching the unbanked population. Initiatives like Jan Dhan Yojana,
Pradhan Mantri Mudra Yojana, and Direct Benefit Transfer (DBT) have aimed
to bring more individuals and businesses into the formal banking system.
The sector is also experiencing increasing collaboration between banks and
financial technology (fintech) companies. This partnership has led to the
emergence of innovative products and services, such as digital wallets, peer-to-
peer lending platforms, and robo-advisory services.
32
Overall, the Indian banking sector analysis highlights a sector that is undergoing
rapid transformation, driven by technology adoption, regulatory reforms, and
changing customer expectations. While there are challenges to be addressed, the
sector presents significant opportunities for growth and development in the
Indian economy.

33
Market Size
The Indian banking system consists of 12 public sector banks, 22 private sector
banks, 44 foreign banks, 43 regional rural banks, 1,484 urban cooperative banks
and 96,000 rural cooperative banks in addition to cooperative credit institutions.
As of September 2022, the total number of ATMs in India reached 217,308 out
of which 49.81% are in rural and semi urban areas.
As of November 4, 2022, bank credit stood at Rs. 129.26 lakh crore (US$
1,585.09 billion). As of November 4, 2022, credit to non-food industries stood
at Rs. 128.87 lakh crore (US$ 1.58 trillion).
In 2020-2022, bank assets across sectors increased. Total assets across the
banking sector (including public and private sector banks) increased to US$
2.67 trillion in 2022.
In 2022, total assets in the public and private banking sectors were US$
1,594.51 billion and US$ 925.05 billion, respectively.
RBI has decided to set up Public Credit Registry (PCR), an extensive database
of credit information, accessible to all stakeholders. The Insolvency and
Bankruptcy Code (Amendment) Ordinance, 2017 Bill has been passed and is
expected to strengthen the banking sector. Microfinance industry’s gross loan
portfolio (GLP) by 10% in FY22 to Rs. 2.85 trillion (US$ 36.42 billion).
As of June 01, 2022, the number of bank accounts—opened under the
government’s flagship financial inclusion drive ‘Pradhan Mantri Jan Dhan
Yojana (PMJDY)’—reached 45.60 crore and deposits in the Jan Dhan bank
accounts totalled Rs. 1.68 trillion (US$ 21.56 billion).
Rising income is expected to enhance the need for banking services in rural
areas, and therefore, drive the growth of the sector.
India is the world's largest market for Android-based mobile lending apps,
accounting for ~82% of all online lenders worldwide. India currently has 887
active lending apps.
The digital payments revolution will trigger massive changes in the way credit
is disbursed in India. Debit cards have radically replaced credit cards as the
preferred payment mode in India after demonetisation. In November 2022,
Unified Payments Interface (UPI) recorded 7.30 billion transactions worth Rs.
12.11 trillion (US$ 148.63 billion).

34
Top banking Companies in India in2023
Sr.no Name Revenue
1 HDFC Bank Ltd Rs. 9.34 trillion
2 State Bank of India Rs. 5.34 trillion
3 ICICI Bank Ltd Rs. 6.08 trillion
4 Kotak Mahindra Bank Ltd Rs. 3.55 trillion
5 Axis Bank Ltd Rs. 1,90,562.56 crores
6 Induslnd Bank Ltd Rs. 936.47 billion
7 Yes Bank Ltd Rs. 523.31 billion
8 Punjab National Bank Rs. 626.53 billion
9 Bank of Baroda Rs. 932.40 billion
10 Bank of India Rs. 359.68 billion

Investment And Recent Developments

Pradhan Mantri Jan Dhan Yojana: The world’s largest financial inclusion
initiative, “Jan Dhan Yojna”, has helped in new bank account enrolment of
486+ Mn beneficiaries, with 265+ Mn being women.
Scheme for Setting up of Wholly Owned Subsidiaries (WOS) by foreign banks
in India: In 2013, the RBI published guidelines for setting up of WOS by
foreign banks in India to promote foreign investments into the sector.
Introduction of Kisan Credit Card (KCC) loans in a fully digital and hassle-free
manner
Aadhaar e-KYC authentication for NBFC/Non-Banking entities: All NBFCs,
payment system providers and payment system participants can now obtain
Aadhaar Authentication Licence (KUA/sub-KUA)
Establishment of Digital Banking units: In 2022, 75 DBUs were announced in
75 districts of the country to commemorate 75 years of India’s independence.
Simplification of KYC process: The KYC process will be simplified adopting a
‘risk-based’ instead of ‘one size fits all’ approach.
Entity Digi locker: to be set up for use by MSMEs, large business and charitable
trusts. This will be towards storing and sharing documents online securely, with
various.

35
The Indian banking sector has been attracting significant investments and
witnessing several recent developments. Here are some key areas of investment
and recent developments in the Indian banking sector:
Digital Transformation: Indian banks are heavily investing in digital
technologies to enhance customer experience and operational efficiency. They
are adopting mobile banking, internet banking, and other digital channels to
provide seamless banking services. Banks are also investing in advanced
analytics, artificial intelligence (AI), and machine learning (ML) to improve risk
management, fraud detection, and customer insights.
Fintech Collaboration: Banks are increasingly collaborating with fintech
companies to leverage their innovative solutions and expand their service
offerings. Partnerships with fintech firms are helping banks improve payment
systems, develop new financial products, and enhance the overall banking
experience for customers. Investments and acquisitions in fintech start-ups are
also on the rise.
Expansion of Branch Network: Despite the digital push, Indian banks continue
to expand their branch networks, especially in rural and semi-urban areas. This
expansion aims to reach unbanked populations and provide basic banking
services to underserved areas. The government's financial inclusion initiatives,
such as Jan Dhan Yojana, have also led to the opening of millions of new bank
accounts.
Consolidation and Merger: The Indian government has initiated consolidation in
the public sector banking space to create stronger and more efficient banks.
Several mergers have taken place between public sector banks in recent years,
resulting in the creation of larger entities. This consolidation aims to improve
governance, enhance capital base, and strengthen the banking sector as a whole.
Non-Performing Asset (NPA) Resolution: The Indian banking sector has been
grappling with a high level of NPAs or bad loans. To address this issue, the
Insolvency and Bankruptcy Code (IBC) was introduced, which provides a time-
bound and streamlined process for resolving stressed assets. Banks are actively
working towards resolving NPAs through restructuring, recovery, and
resolution mechanisms.
Regulatory Reforms: The Reserve Bank of India (RBI) has introduced several
regulatory reforms to strengthen the banking sector. These reforms include
stricter guidelines on capital adequacy, provisioning norms, risk management
practices, and governance standards. The RBI has also taken steps to enhance
customer protection and cybersecurity measures.

36
Foreign Investment: The Indian banking sector continues to attract foreign
direct investment (FDI) and participation from international banks. Foreign
banks are expanding their presence in India through branches or subsidiaries,
contributing to the overall development of the banking sector.

37
SWOT Analysis of State Bank of India

S W

SWOT

O T
Strengths:
 Market Leader: SBI is the largest bank in India in terms of assets,
deposits, branches, and customer base. Its extensive branch network and
customer reach provide a competitive advantage in serving a diverse
customer base across the country.
 Government Support: SBI is a public sector bank with the Indian
government as its majority shareholder. This backing ensures stability
and instils confidence in the bank's operations.
 Diversified Portfolio: SBI offers a wide range of banking and financial
services, including retail banking, corporate banking, treasury operations,
insurance, and wealth management. Its diversified portfolio helps
mitigate risks and generate revenue from multiple sources.
 Technological Advancements: SBI has been investing in technology-
driven initiatives to enhance customer experience and operational
efficiency. It has implemented digital banking solutions, mobile banking
applications, and other technology platforms, improving convenience and
accessibility for customers.

38
Weaknesses:
 NPA Concerns: SBI, like other banks in India, has faced challenges
related to non-performing assets (NPAs) or bad loans. The bank has had
to make provisions for NPAs, impacting profitability and asset quality.
 Bureaucratic Processes: Being a public sector bank, SBI can be subject to
bureaucratic processes and decision-making, which may sometimes
hinder agility and quick responses to market changes.

Opportunities:
 Growth in Retail Banking: SBI can capitalize on the growing retail
banking segment in India by offering innovative products and
personalized services to attract and retain customers. The rising middle
class and increasing consumer spending provide opportunities for
expansion.
 Digital Transformation: Continued investment in digital banking services
and technology-driven solutions can help SBI enhance operational
efficiency, improve customer experience, and tap into the growing digital
banking market in India.

Threats:
 Intense Competition: The Indian banking sector is highly competitive,
with both public and private sector banks vying for market share. SBI
faces competition from domestic banks as well as foreign banks operating
in India, which can pose a threat to its customer base and market position.
 Economic Factors: SBI's performance is closely linked to the overall
economic conditions in India. Any downturn or economic instability can
affect the bank's asset quality, credit demand, and profitability.
 Regulatory Changes: Changes in regulatory policies and guidelines by the
Reserve Bank of India (RBI) and other regulatory bodies can impact
SBI's operations and profitability. Compliance with evolving regulations
and adapting to new frameworks may pose challenges.

39
Pestle Analysis of State Bank of India
Political Factors:
Government Influence: SBI is a public sector bank, and its operations are
influenced by government policies, regulations, and priorities. Government
ownership provides stability and support but may also result in bureaucratic
processes and political interference.
Regulatory Framework: SBI operates under the regulatory framework set by the
Reserve Bank of India (RBI) and other government bodies. Changes in
regulations, monetary policies, and compliance requirements can impact SBI's
operations and profitability.
Economic Factors:
Economic Growth: SBI's performance is closely linked to the overall economic
conditions in India. Factors such as GDP growth, inflation, interest rates, and
employment levels can influence the demand for banking services, credit
demand, and the bank's profitability.
Monetary Policy: SBI is affected by the RBI's monetary policy decisions,
including changes in interest rates, reserve requirements, and liquidity
management. These factors impact the cost of funds, lending rates, and the
bank's ability to generate revenue.
Social Factors:
Demographic Trends: SBI's strategies are influenced by the demographics of the
Indian population. Factors such as population size, age distribution,
urbanization, and income levels determine the bank's target market, product
offerings, and customer preferences.
Financial Inclusion: SBI plays a crucial role in promoting financial inclusion in
India. Government initiatives and social factors driving financial literacy,
banking accessibility, and inclusion impact SBI's efforts to reach underserved
and unbanked populations.
Technological Factors:
Digital Transformation: SBI is embracing technology to enhance customer
experience, streamline operations, and offer innovative services. Technological
advancements, including mobile banking, digital payments, cybersecurity, and

40
data analytics, play a significant role in shaping SBI's strategies and
competitiveness.

Fintech Disruption: The rise of fintech companies and disruptive technologies

presents both opportunities and challenges for SBI. Collaborations with fintech
firms and adopting emerging technologies can drive innovation, while
competition from digital disruptors may require SBI to adapt and evolve.
Legal Factors:
Regulatory Compliance: SBI operates in a highly regulated environment, and
adherence to banking laws, consumer protection regulations, anti-money
laundering (AML) laws, and data privacy regulations is crucial. Non-
compliance can lead to legal consequences and reputational damage.
Legal Disputes: SBI may face legal disputes related to loan recoveries, fraud
cases, or customer grievances. These disputes can impact the bank's financials,
reputation, and customer trust.
Environmental Factors:
Sustainability and Green Banking: Environmental concerns and sustainability
practices are gaining importance in the banking sector. SBI's approach to
environmental and social responsibility, green initiatives, and renewable energy
financing can influence its brand image and customer perception.
Climate Change Risks: SBI is exposed to risks associated with climate change,
such as the impact on sectors like agriculture, infrastructure, and insurance.
Assessing and managing climate-related risks and incorporating sustainability
measures are important for long-term viability.
Porters 5 Force model State bank of India

41
Threat of New Entrants:
The banking industry in India has certain barriers to entry, including regulatory
requirements, capital requirements, and the need for an extensive branch
network. SBI, being the largest public sector bank with a strong brand presence
and wide customer base, enjoys a competitive advantage. However, the threat of
new entrants exists, particularly from private sector banks and foreign banks,
which can invest in the Indian market and compete with SBI.
Bargaining Power of Buyers:
In the banking industry, individual customers and businesses have some
bargaining power, particularly due to the availability of multiple banking
options and the ability to switch banks easily. However, SBI's extensive branch
network, wide range of products and services, and government support
contribute to customer loyalty. Moreover, factors such as convenience, trust,
and relationships with customers can reduce their bargaining power.
Bargaining Power of Suppliers:
Suppliers in the banking industry include technology providers, vendors of
banking equipment, and service providers. SBI, being a large player, has the
advantage of economies of scale and can negotiate favourable terms with
suppliers. Additionally, the banking industry is not heavily dependent on
specific suppliers, reducing the overall bargaining power of suppliers.
Threat of Substitute Products or Services:
The threat of substitutes in the banking industry is moderate. While traditional
banking services like loans, deposits, and payments have limited substitutes,
technological advancements and the rise of fintech companies have introduced
alternative financial services. However, SBI has been adapting to the changing
landscape by offering digital banking solutions, partnering with fintech firms,
and expanding its service offerings to mitigate the threat of substitutes.
Intensity of Competitive Rivalry:
The Indian banking sector is highly competitive, with both public and private
sector banks vying for market share. SBI faces competition from other public
sector banks, private sector banks, and foreign banks. The competition is driven
by factors such as interest rates, product offerings, customer service, and
innovation. However, SBI's market leadership, extensive branch network, and
strong brand presence provide it with a competitive advantage over rivals.

42
Chapter:6

State Bank of India Fundamental Analysis

In accounting and finance, fundamental analysis is a method of assessing

the intrinsic value of a security by analysing various macroeconomic and
microeconomic factors. The ultimate goal of fundamental analysis is to quantify
the intrinsic value of a security. The security’s intrinsic value can then be
compared to its current market price to help with investment decisions.

Unlike technical analysis which concentrates on forecasting a security’s price

movements, the fundamental analysis aims to determine the “correct price”
(true value) of a security. By knowing the right price, an investor can make an
informed investment decision. Security can be overvalued, undervalued, or
fairly valued.

Components of Fundamental Analysis

Fundamental analysis consists of three main parts:

1. Economic analysis
2. Industry Analysis
3. Company analysis

43
Fundamental analysis is an extremely comprehensive approach that requires a
deep knowledge of accounting, finance, and economics. For instance,
fundamental analysis requires the ability to read financial statements, an
understanding of macroeconomic factors, and knowledge of valuation
techniques. It primarily relies on public data, such as a company’s historical
earnings and profit margins, to project future growth.
Top-down Fundamental Analysis

Fundamental analysis can be either top-down or bottom-up. An investor who

follows the top-down approach starts the analysis with the consideration of the
health of the overall economy. By analysing various macroeconomic factors
such as interest rates, inflation, and GDP levels, an investor tries to determine
the overall direction of the economy and identifies the industries and sectors of
the economy offering the best investment opportunities.

Afterward, the investor assesses specific prospects and potential opportunities

within the identified industries and sectors. Finally, they analyse and select
individual stocks within the most promising industries.

Bottom-up Fundamental Analysis

Alternatively, there is the bottom-up approach. Instead of starting the analysis

from a larger scale, the bottom-up approach immediately dives into the analysis
of individual stocks. The rationale of investors who follow the bottom-up
approach is that individual stocks may perform much better than the overall
industry.

44
The bottom-up approach is primarily concentrated on various microeconomic
factors such as a company’s earnings and financial metrics. Analysts who use
such an approach develop a thorough assessment of each company to gain a
better understanding of its operations.

45
Chapter 7
State Bank of India Introduction
State Bank of India (SBI) is an Indian multinational public sector bank and
financial services statutory body headquartered in Mumbai, Maharashtra. SBI is
the 49th largest bank in the world by total assets and ranked 221st in the
Fortune Global 500 list of the world's biggest corporations of 2020, being the
only Indian bank on the list. It is a public sector bank and the largest bank in
India with a 23% market share by assets and a 25% share of the total loan and
deposits market. It is also the fifth largest employer in India with nearly 250,000
employees. On 14 September 2022, State Bank of India became the third lender
(after HDFC Bank and ICICI Bank) and seventh Indian company to cross the ₹
5-trillion market capitalisation on the Indian stock exchanges for the first time.
State Bank of India (SBI) is the largest public sector bank in India and is
headquartered in Mumbai. It was established in 1955 as the imperial Bank of
India, and later renamed to State Bank of India in 1955. SBI serves as the
flagship bank of the Indian government and plays a crucial role in the country's
banking sector.
SBI operates a vast network of branches and ATMs across India and has a
significant presence internationally as well. It offers a wide range of banking
products and services to individuals, businesses, and corporate customers. These
services include savings and current accounts, fixed deposits, loans, credit
cards, insurance, investment options, and much more.
As a government-owned bank, SBI is known for its stability, trustworthiness,
and commitment to serving the financial needs of the Indian population. It has
been instrumental in providing financial support to various sectors of the
economy, including agriculture, small and medium enterprises, and retail
banking.
SBI has also embraced technology advancements to enhance its services. It
provides internet banking, mobile banking, and a user-friendly digital platform
to facilitate convenient banking for its customers. Moreover, SBI has a robust
customer support system and a dedicated helpline to assist customers with their
banking inquiries and concerns.
With its extensive reach, diverse product offerings, and customer-centric
approach, State Bank of India has become a key player in the Indian banking
industry, catering to millions of customers across the country and beyond.

46
Management Team of State Bank of India
1. Shri Dinesh Kumar Khara Chairman
2. Shri C.S. Setty Managing Director
3. Shri Swaminathan J. Managing Director
4. Shri Ashwini Kumar Tewari Managing Director
5. Shri Alok Kumar Choudhary Managing Director
6. Shri B. Venugopal Director
7. Dr Ganesh Natarajan Director
8. CA Ketan S Vikamsey Director
9. Shri Mrugank M Paranjape Director
10. CA Prafulla P Chhajed Director
11. Smt. Swati Gupta Director
12. Dr Vivek Joshi Director
13. Shri Anil Kumar Sharma Director

Product And Services of State Bank of India

SBI offers a plethora of products and services such as savings account,
credit cards, fixed deposits, personal loan, home loan, business loan, debit
card, loan against property, car loan, gold loan, mudra loan and more.
Business Model of State Bank of India
1. Retail Banking: SBI provides retail banking services to individual
customers, including savings and current accounts, fixed deposits, loans
(such as home loans, car loans, personal loans), credit cards, and various
investment products. It focuses on building a strong customer base by
offering personalized services and leveraging its extensive branch
network.
2. Corporate Banking: SBI serves corporate clients, large enterprises, and
small and medium-sized enterprises (SMEs) through a comprehensive
suite of products and services. This includes working capital financing,
trade finance, cash management, corporate loans, project finance, and
treasury operations. SBI caters to the diverse financial needs of corporate
clients and supports their growth and expansion plans.
3. International Banking: SBI has a significant international presence and
offers a range of international banking services. This includes trade
finance, foreign exchange services, international remittances, cross-
border lending, correspondent banking, and advisory services. SBI
leverages its global network to facilitate cross-border transactions and
cater to the banking needs of international customers.

47
 4. Treasury Operations: SBI engages in treasury operations, managing the
bank's assets and liabilities, foreign exchange risk, interest rate risk, and
investment portfolio. It utilizes its expertise in financial markets to
optimize returns on investments, manage liquidity, and mitigate market
risks.
5. Financial Services: SBI offers various financial services, including
insurance products (life insurance, general insurance), mutual funds,
wealth management services, and pension funds. These services are
aimed at providing holistic financial solutions to customers and
expanding the range of offerings beyond traditional banking services.
6. Digital Initiatives: SBI has been investing in digital transformation and
technology-driven initiatives to enhance customer experience and
operational efficiency. It offers digital banking services, mobile banking
applications, internet banking, and digital payment solutions. SBI is
focused on leveraging technology to improve accessibility, convenience,
and security for customers.
7. Government Banking: SBI acts as a banker to the Indian government,
providing banking services to central and state governments, government
departments, and government-owned entities. It plays a critical role in
managing government funds, transactions, and public finances.
Share holding pattern.

Sales

7%
10%

25% 57%

Promoters Dill FII Public

48
State Bank of India Ratios as of 2022
MARKET CAP ₹ 5,22,982.25 Cr
CASA % 44.52
P/E 10.41
P/B 1074
Face Value ₹1
DIV.YIELD 1.93%
BOOK VALE ₹335.98
NET INTEREST INCOME ₹120707.59 Cr
COST TO INCOME % 57.91
PROMOTER HOLDING 57.49%
EPS ₹56.29
CAR % 13.38
ROE % 13.01%
ROA % 0.67
ROCE 8.27%
PROFIT GROWTH 55.19%
NET NPA 1.02
COST OF LIABILITIES % 3.46
PEG RATIO 0.19
ADVANCES GROWTH% 11.61

Profit & Loss

49
 Monthly Tasks Assigned / Achieved – Aprile/May 2022
Targets/Tasks Achieved-
1. Made Google forms
2. Sent to family, relatives, and friends
3. Asked questions about Investment
4. Took responses
5. Copied it to excel
6. Counted scores
7. Keeping record of Top 5 Gainers and Losers
8.Made a list of MBA and BBA colleges of different cites
Takeaways and Learnings
1. Investment Behaviour of Different age groups
2. Different types of Investment
3. Pie charts, Tables
4. Futures and options

50