SBI is an Indian multinational, public sector banking and financial services statutory body. As of 31 December 2022, the Government of India held 57.50% stake in the bank. It reported 68.47% jump in standalone net profit to Rs 14,205.34 crore on a 25.18% rise in total income to Rs 98,083.77 crore in Q3 FY23 over Q3 FY22.