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‘SBI aims to be 1/4th of India’s GDP by assets’
Business Standard
|October 06, 2025
State Bank of India (SBI) Chairman CS Setty has said the country’s largest lender aims to expand its asset size from the current 20 percent of India’s gross domestic product (GDP) to 25 per cent by 2047.
“SBI is often seen as a proxy for the Indian economy, as it has a 23 per cent share in deposits and a 20 per cent share in loans. For more than 15-20 years, the bank’s asset size has consistently been around 20 percent of the country’s GDP. As India advances towards the Viksit Bharat goal, SBI is positioned to support this growth,” Setty said during a conversation with Dilip Asbe, managing director and chief executive officer of the National Payments Corporation of India (NPCI), in a video posted on NPCI’s YouTube channel.
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