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SBI Aims to Gain Market Share in All Districts, Says Setty

July 04, 2025

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Mint Ahmedabad

SBI's Focus Remains on Improving Profitability Through Disciplined Cost Management

- Gopika Gopakumar & T. Surendar

State Bank of India is aiming to be the market leader in all 787 districts of the country as it prepares for the next 10 years, said chairman C.S. Setty, in an interview with Mint on the occasion of its platinum jubilee celebrations.

SBI's market share is at 22.54% in deposits and 19.36% in advances. Setty explained that the bank is taking a three-pronged approach to improving its market share.

In areas where the bank has a dominant market share in deposits, SBI is looking to defend its existing business and acquire more of the pie. In metros, where the bank has a lower market share, it is looking to be a dominant player.

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