The country?s largest bank State Bank of India following the merger of State Bank of Saurastra with itself has increased its market share by 76 bps y-o-y in advances as on September 2008 at 16.02% (15.26% as on September 07). The bank?s advances growth in second quarter of financial year of 2008-09 is Rs 51,020 crores as against Rs 19,447 crores in second quarter of financial year 2007-08 a growth of 162.35%. Thelarge corporate advances has grown by 48.46% while mid corporate advances has grown by 30.04% from during the period. The SME advances has grown by 47.21% while the home loans grew by 23.47%. The auto loans and education loans grew by 30.48% and 43.81% respectively during the period. The bank?s international advances up by 43.49% from Rs 52,524 crores in September 2007 to Rs 75,365 crores in September 2008. Bank?s market share in deposits grew by 78 basis points as on September 08 at 16.11% (15.33% as on September 07). The core fee income increased by 40.96% in second quarter of financial year of 2008-09 over second quarter of financial year 2007-08 to Rs 1,331.37 crores.

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