SBI剥离SBI生活中的10％股权

印度国民银行已通知BSE，中央董事会（ECCB）的执行委员会于2015年3月30日在SBI人寿保险有限公司中授权培养了高达10％.SBI最近表示，“ECCB决

定按照JV（合资企业）协议启动必要的行动，以便在SBI总保险中稀释SBI的股权，从76％增加到51％，相应增加IAG的股权从26％增加到49％，包括任命估值师以促进估值估值和价格发现。“本月早些时

候，议会通过了保险法（修订）条例草案，旨在将私营部门公司的外国投资增加到现有26％的49％，以及其他事项。

增加股权的提案在公司的资本要求的背景下。

印度国家银行 - 独立同行比较和财务分析

同伴比较

细节m cap（rs cr）帕特（卢比）p / bv（x）P / E（x）ROA（％）ROE（％）车 （％）gnpl（％）nnpl / nw（％）BANKHDFC BANK LTD.259,8118,4785.026.71.921.316.11.01.9印度银行200,00710,8911.616.10.610.012.45.026.3CICI银行LTD184,5449,8102.316.91.714.017.73.04.5

金融

收入证明

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14利息收入81,394106,521119,655136,351 internest费用（48,868）（63,230）（75,326）（87,069）净利息收入32,526 43,291 44,329 49,282non-yex收入15,82514,35116,03718,553总数48,351 57,643 60,366 67,835Total OP费用（23,015）（26,069）（29,284）（35,726）op利润（预先）25,336 31,574 31,082 32,109托特特（10,381）（13,090）（11,131）（11,131）税前税前利润14,954 18,483 19,951 16,174tax（6,690） （6,776）（5,846）（5,283）净利润8,265 11,707 14,105 10,891

资产负债表

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14总现金和平等现金1222,87497,163114,820132,550€495,601312,198350,878398,308350,878398,308350,8783171,209,878,8171,209,829丁基股票资产1,175,1941,276,9401,511,3141,740,687 assets4,7645,2119885858585858585858585858558585585858558585585585585585585855858558585585585858555858585858585855855858858585558585855858558558558555 006169,183183,131total int-bear lotal int-beab1,053,583183,11,05,24880,92595,577,539880,92595,577,46,413总负债1,158,750 1,251,568 1,467,328 1,673,952股票+总李1,223,7361,335,519 1,566,211 1,792,235

关键比率

Y / E 31 MarFY11FY12FY13FY14生长矩阵（％）净利息收入37.433.12.411.2TOTAL op收入25.119.24.712.4 op利润（预先）38.324.6（1.6）3.3NET利润（9.8）41.720.5（22.8）推广19.814.720.515.7DEPOSITS16 .111.715.215.9营销性比率（％）NIM3.33.93.33.2NON-INT INC / TOIL INC32.724.926.627.47.4724.9.627.4 return在AVG EQUITY12.615.715.410.0RETURNS上AVG ASSETS0.70.91.00.6股票比率（rs）adj.bvps82.9101.5112.5116.8dps3.03.54.23.0valuation比率（x）p / e21.312.010.113.1p / adj.bvps3.22.62.42.3其他键比（％）信用/存款81.083.186.986.8cost /income47.645.248.552.7CASA49.444.844.842.912.013.912.912.4TIER-I BUILICE7.89.89.59.77.77.7.7.7.7.7.7.85.0PLOV / AVG LOANS1.51.61.21.4NET NPLS / NET LOANS1.61.82.12.6TAX Rate44.736.729.332.7Dividend产量11.213.115.511.2
印度国家银行 - 独立同行比较和财务分析

同伴比较

细节m cap（rs cr）帕特（卢比）p / bv（x）P / E（x）ROA（％）ROE（％）车 （％）gnpl（％）nnpl / nw（％）BANKHDFC BANK LTD.259,8118,4785.026.71.921.316.11.01.9印度银行200,00710,8911.616.10.610.012.45.026.3CICI银行LTD184,5449,8102.316.91.714.017.73.04.5

金融

收入证明

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14利息收入81,394106,521119,655136,351 internest费用（48,868）（63,230）（75,326）（87,069）净利息收入32,526 43,291 44,329 49,282non-yex收入15,82514,35116,03718,553总数48,351 57,643 60,366 67,835Total OP费用（23,015）（26,069）（29,284）（35,726）op利润（预先）25,336 31,574 31,082 32,109托特特（10,381）（13,090）（11,131）（11,131）税前税前利润14,954 18,483 19,951 16,174tax（6,690） （6,776）（5,846）（5,283）净利润8,265 11,707 14,105 10,891

资产负债表

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14总现金和平等现金1222,87497,163114,820132,550€495,601312,198350,878398,308350,878398,308350,8783171,209,878,8171,209,829丁基股票资产1,175,1941,276,9401,511,3141,740,687 assets4,7645,2119885858585858585858585858558585585858558585585585585585585855858558585585585858555858585858585855855858858585558585855858558558558555 006169,183183,131total int-bear lotal int-beab1,053,583183,11,05,24880,92595,577,539880,92595,577,46,413总负债1,158,750 1,251,568 1,467,328 1,673,952股票+总李1,223,7361,335,519 1,566,211 1,792,235

关键比率

Y / E 31 MarFY11FY12FY13FY14生长矩阵（％）净利息收入37.433.12.411.2TOTAL op收入25.119.24.712.4 op利润（预先）38.324.6（1.6）3.3NET利润（9.8）41.720.5（22.8）推广19.814.720.515.7DEPOSITS16 .111.715.215.9营销性比率（％）NIM3.33.93.33.2NON-INT INC / TOIL INC32.724.926.627.47.4724.9.627.4 return在AVG EQUITY12.615.715.410.0RETURNS上AVG ASSETS0.70.91.00.6股票比率（rs）adj.bvps82.9101.5112.5116.8dps3.03.54.23.0valuation比率（x）p / e21.312.010.113.1p / adj.bvps3.22.62.42.3其他键比（％）信用/存款81.083.186.986.8cost /income47.645.248.552.7CASA49.444.844.842.912.013.912.912.4TIER-I BUILICE7.89.89.59.77.77.7.7.7.7.7.7.85.0PLOV / AVG LOANS1.51.61.21.4NET NPLS /
NET LOANS1.61.82.12.6TAX率为44.736.729.332.7dividend产量11.213.115.511.2印度国家银行 - 独立同行比较和财务分析

同伴比较

细节m cap（rs cr）帕特（卢比）p / bv（x）P / E（x）ROA（％）ROE（％）车 （％）gnpl（％）nnpl / nw（％）BANKHDFC BANK LTD.259,8118,4785.026.71.921.316.11.01.9印度银行200,00710,8911.616.10.610.012.45.026.3CICI银行LTD184,5449,8102.316.91.714.017.73.04.5

金融

收入证明

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14利息收入81,394106,521119,655136,351 internest费用（48,868）（63,230）（75,326）（87,069）净利息收入32,526 43,291 44,329 49,282non-yex收入15,82514,35116,03718,553总数48,351 57,643 60,366 67,835Total OP费用（23,015）（26,069）（29,284）（35,726）op利润（预先）25,336 31,574 31,082 32,109托特特（10,381）（13,090）（11,131）（11,131）税前税前利润14,954 18,483 19,951 16,174tax（6,690） （6,776）（5,846）（5,283）净利润8,265 11,707 14,105 10,891

资产负债表

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14总现金和平等现金1222,87497,163114,820132,550€495,601312,198350,878398,308350,878398,308350,8783171,209,878,8171,209,829丁基股票资产1,175,1941,276,9401,511,3141,740,687 assets4,7645,2119885858585858585858585858558585585858558585585585585585585855858558585585585858555858585858585855855858858585558585855858558558558555 006169,183183,131total int-bear lotal int-beab1,053,583183,11,05,24880,92595,577,539880,92595,577,46,413总负债1,158,750 1,251,568 1,467,328 1,673,952股票+总李1,223,7361,335,519 1,566,211 1,792,235

关键比率

Y / E 31 MarFY11FY12FY13FY14生长矩阵（％）净利息收入37.433.12.411.2TOTAL op收入25.119.24.712.4 op利润（预先）38.324.6（1.6）3.3NET利润（9.8）41.720.5（22.8）推广19.814.720.515.7DEPOSITS16 .111.715.215.9营销性比率（％）NIM3.33.93.33.2NON-INT INC / TOIL INC32.724.926.627.47.4724.9.627.4 return在AVG EQUITY12.615.715.410.0RETURNS上AVG ASSETS0.70.91.00.6股票比率（rs）adj.bvps82.9101.5112.5116.8dps3.03.54.23.0valuation比率（x）p / e21.312.010.113.1p / adj.bvps3.22.62.42.3其他键比（％）信用/存款81.083.186.986.8cost /income47.645.248.552.7CASA49.444.844.842.912.013.912.912.4TIER-I BUILICE7.89.89.59.77.77.7.7.7.7.7.7.85.0PLOV / AVG LOANS1.51.61.21.4NET NPLS /
NET LOANS1.61.82.12.6TAX率为44.736.729.332.7dividend产量11.213.115.511.2印度国家银行 - 独立同行比较和财务分析

同伴比较

细节m cap（rs cr）帕特（卢比）p / bv（x）P / E（x）ROA（％）ROE（％）车 （％）gnpl（％）nnpl / nw（％）BANKHDFC BANK LTD.259,8118,4785.026.71.921.316.11.01.9印度银行200,00710,8911.616.10.610.012.45.026.3CICI银行LTD184,5449,8102.316.91.714.017.73.04.5

金融

收入证明

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14利息收入81,394106,521119,655136,351 internest费用（48,868）（63,230）（75,326）（87,069）净利息收入32,526 43,291 44,329 49,282non-yex收入15,82514,35116,03718,553总数48,351 57,643 60,366 67,835Total OP费用（23,015）（26,069）（29,284）（35,726）op利润（预先）25,336 31,574 31,082 32,109托特特（10,381）（13,090）（11,131）（11,131）税前税前利润14,954 18,483 19,951 16,174tax（6,690） （6,776）（5,846）（5,283）净利润8,265 11,707 14,105 10,891

资产负债表

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14总现金和平等现金1222,87497,163114,820132,550€495,601312,198350,878398,308350,878398,308350,8783171,209,878,8171,209,829丁基股票资产1,175,1941,276,9401,511,3141,740,687 assets4,7645,2119885858585858585858585858558585585858558585585585585585585855858558585585585858555858585858585855855858858585558585855858558558558555 006169,183183,131total int-bear lotal int-beab1,053,583183,11,05,24880,92595,577,539880,92595,577,46,413总负债1,158,750 1,251,568 1,467,328 1,673,952股票+总李1,223,7361,335,519 1,566,211 1,792,235

关键比率

Y / E 31 MarFY11FY12FY13FY14生长矩阵（％）净利息收入37.433.12.411.2TOTAL op收入25.119.24.712.4 op利润（预先）38.324.6（1.6）3.3NET利润（9.8）41.720.5（22.8）推广19.814.720.515.7DEPOSITS16 .111.715.215.9营销性比率（％）NIM3.33.93.33.2NON-INT INC / TOIL INC32.724.926.627.47.4724.9.627.4 return在AVG EQUITY12.615.715.410.0RETURNS上AVG ASSETS0.70.91.00.6股票比率（rs）adj.bvps82.9101.5112.5116.8dps3.03.54.23.0valuation比率（x）p / e21.312.010.113.1p / adj.bvps3.22.62.42.3其他键比（％）信用/存款81.083.186.986.8cost /income47.645.248.552.7CASA49.444.844.842.912.013.912.912.4TIER-I BUILICE7.89.89.59.77.77.7.7.7.7.7.7.85.0PLOV / AVG LOANS1.51.61.21.4NET NPLS /
NET LOANS1.61.82.12.6TAX率为44.736.729.332.7dividend产量11.213.115.511.2印度国家银行 - 独立同行比较和财务分析

同伴比较

细节m cap（rs cr）帕特（卢比）p / bv（x）P / E（x）ROA（％）ROE（％）车 （％）gnpl（％）nnpl / nw（％）BANKHDFC BANK LTD.259,8118,4785.026.71.921.316.11.01.9印度银行200,00710,8911.616.10.610.012.45.026.3CICI银行LTD184,5449,8102.316.91.714.017.73.04.5

金融

收入证明

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14利息收入81,394106,521119,655136,351 internest费用（48,868）（63,230）（75,326）（87,069）净利息收入32,526 43,291 44,329 49,282non-yex收入15,82514,35116,03718,553总数48,351 57,643 60,366 67,835Total OP费用（23,015）（26,069）（29,284）（35,726）op利润（预先）25,336 31,574 31,082 32,109托特特（10,381）（13,090）（11,131）（11,131）税前税前利润14,954 18,483 19,951 16,174tax（6,690） （6,776）（5,846）（5,283）净利润8,265 11,707 14,105 10,891

资产负债表

Y / E 31 Mar（Rs Cr）FY11FY12FY13FY14总现金和平等现金1222,87497,163114,820132,550€495,601312,198350,878398,308350,878398,308350,8783171,209,878,8171,209,829丁基股票资产1,175,1941,276,9401,511,3141,740,687 assets4,7645,2119885858585858585858585858558585585858558585585585585585585855858558585585585858555858585858585855855858858585558585855858558558558555 006169,183183,131total int-bear lotal int-beab1,053,583183,11,05,24880,92595,577,539880,92595,577,46,413总负债1,158,750 1,251,568 1,467,328 1,673,952股票+总李1,223,7361,335,519 1,566,211 1,792,235

关键比率

Y / E 31 MarFY11FY12FY13FY14生长矩阵（％）净利息收入37.433.12.411.2TOTAL op收入25.119.24.712.4 op利润（预先）38.324.6（1.6）3.3NET利润（9.8）41.720.5（22.8）推广19.814.720.515.7DEPOSITS16 .111.715.215.9营销性比率（％）NIM3.33.93.33.2NON-INT INC / TOIL INC32.724.926.627.47.4724.9.627.4 return在AVG EQUITY12.615.715.410.0RETURNS上AVG ASSETS0.70.91.00.6股票比率（rs）adj.bvps82.9101.5112.5116.8dps3.03.54.23.0valuation比率（x）p / e21.312.010.113.1p / adj.bvps3.22.62.42.3其他键比（％）信用/存款81.083.186.986.8cost /income47.645.248.552.7CASA49.444.844.842.912.013.912.912.4TIER-I BUILICE7.89.89.59.77.77.7.7.7.7.7.7.85.0PLOV / AVG LOANS1.51.61.21.4NET NPLS / NET LOANS1.61.82.12.6TAX Rate44.736.729.332.7Dividend产量11.213.115.511.2