SBI’s Chairman on Balancing Profit with Purpose

The video discusses the State Bank of India's (SBI) approach to serving stakeholders, its historical evolution, and the challenges of balancing shareholder expectations with its social mission. It covers the impact of economic slowdowns on lending practices, SBI's strategies for financial inclusion, and the effects of demonetization on the Indian economy. The video highlights SBI's use of technology and partnerships to enhance financial inclusion and the significance of digital transactions post-demonetization.

What was the original name of the State Bank of India?

• Colonial Bank of India

• Imperial Bank of India

• National Bank of India

• Royal Bank of India

In which year did the State Bank of India become a listed company?

• 1994

• 1993

• 1991

• 1995

What percentage of SBI's branches contribute to 14% of its business?

• 30%

• 50%

• 41%

• 25%

How does SBI plan to address the challenges of lending during economic slowdowns?

• By relaxing underwriting standards

• By reducing the number of loans

• By maintaining strict underwriting standards

• By increasing interest rates

What is one of the key tools SBI uses for financial inclusion?

• Traditional banking methods

• High-interest loans

• Physical paperwork

• Data analytics for underwriting

What is the success rate of SBI's digital loan disbursement process?

• 10 out of 100

• 90 out of 100

• 7 out of 100

• 50 out of 100

What is the role of microfinance institutions in SBI's financial inclusion strategy?

• To increase paperwork

• To offer last-mile connectivity

• To provide high-interest loans

• To replace traditional banks

What was one of the goals of demonetization in India?

• To eliminate black money

• To reduce digital transactions

• To increase cash circulation

• To decrease bank profits

How has UPI impacted the banking sector in India?

• Enhanced digital transactions

• Reduced banking efficiency

• Increased cash usage

• Decreased digital transactions

What is a significant outcome of demonetization according to the transcript?

• Reduction in banking services

• Rise in digital transactions

• Increase in cash transactions

• Decrease in digital transactions