The State Bank of India business model is based on traditional banking intermediation, where the bank mobilizes deposits and extends loans to individuals, businesses, and government entities. Revenue is primarily generated through the spread between lending rates and deposit costs. In addition to interest income, SBI earns fees and commissions from services such as payments, trade finance, and wealth management. Its subsidiaries contribute to revenue through insurance, asset management, and credit card operations. The bank leverages its extensive branch network and digital platforms to acquire and retain customers, enabling cross-selling of financial products. Government-related business, including salary accounts and public sector transactions, also forms a significant component of its operations. This diversified model allows SBI to generate stable revenue across economic cycles while maintaining a strong market presence.