The ratings on State Bank of India (SBI) takes into consideration the continued improvement in the bank's financial profile, in particular its loan quality, satisfactory profitability, and capitalization. It is the largest bank in India in terms of assets, loans, and deposits. SBI continues to have a close link with the sovereign, given that its banking operations are predominantly domiciled in India, and the Reserve Bank of India (RBI; the country's central bank) owns 59.8% of SBI. In addition, a fairly sizable 40% of its balance sheet is invested in government securities. SBI has demonstrated a consistent improving trend in its loan quality over the past five years. This is notable in light of more stringent 90-day overdue norms now
