State Bank Of India (SBI) SWOT Analysis

Published in Banking & Financial Services category by MBA Skool Team

State Bank Of India (SBI) is one of the leading brands in the banking & financial services sector. State Bank Of India (SBI) SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of State Bank Of India (SBI):

State Bank Of India (SBI) Strengths

  1.  SBI is the biggest bank in India with more than 14000 branches
  2.  State Bank Of India (SBI) has a separate act for itself. Thus, a special privilege for the bank
  3.  Biggest branch network in the country means good reach
  4.  First public sector to move to CBS
  5. SBI has close to 300,000 people employed with it
  6. Backing of the Govt of India gives a huge boost to the bank
  7.  State Bank Of India offers services like consumer banking, enterprise banking, insurance etc
  8. It has a good brand visibility and awareness due to extensive marketing
  9.  SBI has its presence in more than 35 countries with close to 200 offices

Above are the strengths in the SWOT Analysis of State Bank Of India (SBI). The strengths of State Bank Of India (SBI) looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

State Bank Of India (SBI) Weaknesses

  1. Immense competition means limited market share growth for SBI
  2. International presence is less as compared to global banks

These were the weaknesses in the State Bank Of India (SBI) SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

Read more about State Bank Of India (SBI)

    State Bank Of India (SBI) Opportunities

    1. Pool in talent to replace the going top management to serve the next generation
    2.  State Bank Of India (SBI) can make better use of CRM, technology and online space
    3. Expansion into rural areas too boost its business
    4. With focus on India going cashless, the bank can dominate the market with its extensive reach

    Above we covered the opportunities in State Bank Of India (SBI) SWOT Analysis. The opportunities for any brand can include prospects of future growth.

    State Bank Of India (SBI) Threats

    1. Consolidation among private banks can reduce market share for SBI
    2. New bank licenses by RBI can affect operations
    3. Foreign banks that have sophisticated products
    4. SBI operations are often disrupted by slow government decisions and red tapism

    The threats in the SWOT Analysis of State Bank Of India (SBI) are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

    Hence this concludes the State Bank Of India (SBI) SWOT analysis.

    Continue reading more about the brand/company.

    About State Bank Of India (SBI)

    The table below gives the brand overview along with its target market, segmentation, positioning & USP

    State Bank Of India (SBI) Overview
    Parent Company

    Public Sector

    CategoryBanking Services/Loans
    Sector

    Banking & Financial Services

    Tagline/ Slogan

    Banker to Every Indian

    USP

    State Bank Of India (SBI) is bank which every India can trust

    State Bank Of India (SBI) STP
    Segmentation

    People who want to use their money for banking

    Target Market

    People in India from both urban and rural areas

    Positioning

    State Bank Of India (SBI) bank for every Indian


    This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

    Browse marketing analysis of more brands and companies similar to State Bank Of India (SBI). This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.

    Continue Reading:


    The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
    Edit the brand or add a new one to SWOT Analysis section : Contribute

    Share this Page on:
    Facebook ShareTweetShare on Linkedin