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SBI Adds USD 44 Billion to World Economy in FY25, Accounting for 1.1% of Global GDP Growth.

Banking & Finance | Dated: 05 Jul 2025

A report by SBI Research revealed that in FY25, India contributed USD 297 billion—around 6.7%—to global GDP growth. Remarkably, the State Bank of India (SBI) alone contributed USD 44 billion, representing 1.1% of the total global increase.

🎯 Key Highlights:

  • - SBI's contribution of USD 44 billion to FY25 global GDP growth surpassed the economic output of many small nations. This amount also constitutes 16% of India’s domestic GDP increase in the same year, highlighting SBI’s critical role in national economic dynamics.

💡 Other Important Facts:

  • (i) During FY25, SBI’s Gross Value Added (GVA) in the financial services sector rose from ₹132,157 crore to ₹138,533 crore, marking a robust 5% year-on-year growth. This GVA alone represents 8.7% of total financial sector value addition in India.
  • (ii) SBI’s balance sheet now exceeds USD 0.77 trillion (₹66 trillion)—larger than the GDP of around 175 countries. It maintained its position as India’s most profitable company, posting a standalone net profit of ₹70,901 crore for the third consecutive year.
  • (iii) SBI processes approximately 52 crore customer accounts, supports initiatives like PMJDY, PMSBY, and APY, and its YONO app boasts over 8.8 crore users, solidifying its role as the backbone of India’s digital banking revolution.

📚 Test Your Knowledge:

Recently, which Indian bank contributed USD 44 billion to global GDP growth in FY25, accounting for 1.1% of the global increase?

Correct Answer: State Bank of India

🚀 Quick Recap:

About SBI

  • Chairman : Challa Sreenivasulu Setty
  • Headquarter : Mumbai