SBI targets 10-12 pc credit growth in FY20 on green shoots of credit revival, better recoveries

Looking forward, the bank is well-positioned on the back of strong business growth, capital and liquidity, and the ability to charge spreads to be in leadership positions, SBI said in its annual report 2018-19. In the financial year ended March 2019, SBI posted a standalone profit of Rs 862 crore and a consolidated profit of Rs 2,300 crore.