BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Axis Securities Report
FY22 has been a reassuring year for State Bank of India as the bank continues to improve its overall operating performance with a stronger balance sheet and improved asset quality.
Despite multiple headwinds, SBI managed to steer through the pandemic and delivered a strong credit growth revival in FY22, largely driven by excellent growth in its retail segment, a sharp reduction in slippages, and robust asset quality.
The bank's focus on high-quality customers across retail, small and medium enterprise, and corporate along with building a more granular book enabled it to strengthen its overall operating and balance sheet performance over FY18-22.
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