Changing Face of State Bank of India: Strategic Priorities in Maintaining Market Leadership
Case Code: BSTR411 Case Length: 17 Pages Period: 2006-2012 Pub Date: 2012 Teaching Note: Not Available |
Price: Rs.500 Organization: State Bank of India Industry: Banking Countries: India Themes: Business Strategy, Market Leader Strategy, Implementation |
Abstract Case Intro 1 Case Intro 2 Excerpts
Abstract
State Bank of India (SBI), India's largest bank, also had an international presence with 158 offices across 32 countries contributing about 16% of its revenue. By March 2011, SBI had become the largest bank in India with a distribution network totaling 13,542 branches and 20,084 ATMs and having assets worth Rs. 12,000 billion. Since mid-2006, under OP Bhatt, SBI had adopted an aggressive strategy to raise its market share to compete against the private banks in India. Though, by 2011, SBI had re-established its position as India's largest bank, there was a drop in profits and its leadership position in India was once again threatened.
The challenge before Pratip Chaudhuri, who took up the reins of SBI in April 2011, was how to stem the rot and maintain its market leader position. This case is meant for MBA students as a part of the Business Strategy course.
Issues
- Various issues and challenges faced by market leaders in maintaining its position
- Examine the problems faced by SBI
- Understand the strategy adopted by Chaudhuri and compare and contrast it with that of his predecessor OP Bhatt
- Analyze the challenges faced by Chaudhuri and explore remedial actions that he could take
Contents
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Introduction
The Indian Banking Scenario
SBI: An Overview
SBI in the Millennium
SBI Under OP Bhatt
Pratip Chadhuri: Setting a New Direction
The Impact and Challenges
Looking Ahead
Exhibits
Keywords
Strategic Priorities; Market Leadership; Competition; Competitive strategy; Implementation; Organizational structure; Strategic Leadership; Vision; Provisions; Non-performing assets (NPA); Capital adequacy ratio; State Bank of India; Public sector banks; Private sector banks
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