Integrated Governance

STATE BANK OF INDIA

General information about company

Scrip code	500112
NSE Symbol	SBIN
MSEI Symbol	NOTLISTED
ISIN	INE062A01020
Date of start of financial year	01-04-2024
Date of end of financial year	31-03-2025
Reporting Quarter Type	Quarterly
Date of Quarter Ending	31-12-2024
Type of company	Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity?	true
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity?	true
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity?	false	No update related to acquisition of shares or voting rights in the unlisted companies during the quarter ended 31.12.2024.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity?	false	Not Applicable
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity?	true
Risk management committee	true
Market Capitalisation as per immediate previous Financial Year	Top 100 listed entities
Is SCORE ID Available ?	true
SCORE Registration ID	sbindia
Reason For No SCORE ID
Type of Submission	Original
Remarks (website dissemination)

Annexure I

Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson						true
Whether Chairperson is related to MD or CEO						false	Disqualification of Directors under section 164 of the Companies Act, 2013
Sr no.	Title(Mr/Ms)	Name of the Director	Category 1 of directors	Category 2 of directors	Category 3 of directors	Whether the director is disqualified?	Start Date of disqualification	End Date of disqualification	Details of disqualification	Current status	Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]	Date of passing special resolution	Initial Date of appointment	Date of Re-appointment	Date of cessation	Tenure of director(in months)	No of Directorship in listed entities including this listed entity(Refer Regulation 17A of Listing Regulations)	No of Independent Directorship in listed entities including this listed entity(Refer Regulation 17A(1) of Listing Regulations	Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations)	No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations)	Reason for Cessation	Notes for not providing PAN	Notes for not providing DIN
1	Mr	Challa Sreenivasulu Setty	Executive Director	Chairperson		false					NA		20-01-2020	20-01-2023			3	0	0	0
2	Mr	Ashwini Kumar Tewari	Executive Director	Not Applicable	MD	false					NA		28-01-2021	28-01-2024			3	0	5	0
3	Mr	Vinay M. Tonse	Executive Director	Not Applicable	MD	false					NA		21-11-2023	21-11-2023			1	0	1	0
4	Mr	Rana Ashutosh Kumar Singh	Executive Director	Not Applicable	MD	false					NA		07-08-2024	07-08-2024			1	0	0	0
5	Mr	Rama Mohan Rao Amara	Executive Director	Not Applicable	MD	false					NA		18-12-2024	18-12-2024			1	0	0	0
6	Mr	Ketan S. Vikamsey	Non-Executive - Independent Director	Not Applicable		false					NA		26-06-2020	26-06-2023		54.05	1	1	2	1
7	Mr	Mrugank M. Paranjape	Non-Executive - Independent Director	Not Applicable		false					NA		26-06-2020	26-06-2023		54.05	2	2	2	1
8	Mr	Rajesh Kumar Dubey	Non-Executive - Independent Director	Not Applicable		false					NA		26-06-2023	26-06-2023		18.05	1	1	2	1
9	Mr	Dharmendra Singh Shekhawat	Non-Executive - Independent Director	Not Applicable		false					NA		26-06-2023	26-06-2023		18.05	1	1	1	0
10	Mr	Prafulla P. Chhajed	Non-Executive - Independent Director	Not Applicable		false					NA		21-12-2021	21-12-2021	20-12-2024	36	0	0	0	0	Tenure Completion
11	Ms	Swati Gupta	Non-Executive - Independent Director	Not Applicable		false					NA		08-05-2023	08-05-2023		19.23	1	1	1	0			Textual Information(1)
12	Mr	Nagaraju Maddirala	Non-Executive - Nominee Director	Not Applicable		false					NA		30-08-2024	30-08-2024			2	0	0	0
13	Mr	Ajay Kumar	Non-Executive - Nominee Director	Not Applicable		false					NA		14-07-2023	14-07-2023			1	0	1	0

Text Block

Textual Information(1)

Ms. Swati Gupta is not holding post of Director in any Company, therefore DIN is not available.

Annexure I

II. Composition of Committees
Disclosure of notes on composition of committees explanatory

Audit Committee Details

Whether the Audit Committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Ketan S. Vikamsey	Non-Executive - Independent Director	Chairperson	26-06-2020
2	Mrugank M. Paranjape	Non-Executive - Independent Director	Member	26-06-2020
3	Prafulla P. Chhajed	Non-Executive - Independent Director	Member	26-06-2023	20-12-2024
4	Rajesh Kumar Dubey	Non-Executive - Independent Director	Member	26-06-2023
5	Ajay Kumar	Non-Executive - Nominee Director	Member	14-07-2023

Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Rajesh Kumar Dubey	Non-Executive - Independent Director	Chairperson	26-06-2023
2	Ketan S. Vikamsey	Non-Executive - Independent Director	Member	23-03-2022
3	Mrugank M. Paranjape	Non-Executive - Independent Director	Member	26-06-2020
4	Swati Gupta	Non-Executive - Independent Director	Member	26-06-2023
5	Dharmendra Singh Shekhawat	Non-Executive - Independent Director	Member	26-06-2023

Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Rajesh Kumar Dubey	Non-Executive - Independent Director	Chairperson	26-06-2023
2	Vinay M. Tonse	Executive Director	Member	21-11-2023
3	Rama Mohan Rao Amara	Executive Director	Member	18-12-2024
4	Ketan S. Vikamsey	Non-Executive - Independent Director	Member	26-06-2020
5	Prafulla P. Chhajed	Non-Executive - Independent Director	Member	23-03-2022	20-12-2024
6	Swati Gupta	Non-Executive - Independent Director	Member	26-06-2023
7	Dharmendra Singh Shekhawat	Non-Executive - Independent Director	Member	26-06-2023

Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Mrugank M. Paranjape	Non-Executive - Independent Director	Chairperson	26-06-2020
2	Ashwini Kumar Tewari	Executive Director	Member	22-06-2022
3	Rana Ashutosh Kumar Singh	Executive Director	Member	07-08-2024
4	Ketan S. Vikamsey	Non-Executive - Independent Director	Member	26-06-2020
5	Prafulla P. Chhajed	Non-Executive - Independent Director	Member	23-03-2022	20-12-2024
6	Rajesh Kumar Dubey	Non-Executive - Independent Director	Member	26-06-2023

Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Vinay M. Tonse	Executive Director	Chairperson	18-12-2024
2	Rama Mohan Rao Amara	Executive Director	Member	18-12-2024
3	Ketan S. Vikamsey	Non-Executive - Independent Director	Member	26-06-2023
4	Mrugank M. Paranjape	Non-Executive - Independent Director	Member	26-06-2020
5	Prafulla P. Chhajed	Non-Executive - Independent Director	Member	23-03-2022	20-12-2024
6	Dharmendra Singh Shekhawat	Non-Executive - Independent Director	Member	26-06-2023

Annexure I

III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr	Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order)	Maximum gap between any two consecutive (in number of days)	Notes for not providing Date	Whether requirement of Quorum met (Yes/No)	Total Number of Directors as on date of the meeting	Number of Directors present*(All directors including Independent Director)	No. of Independent Directors attending the meeting*
1	11-07-2024			true	12	12	6
2	03-08-2024	22		true	12	11	6
3	26-08-2024	22		true	13	11	6
4	27-09-2024	31		true	12	11	5
5	18-10-2024	20		true	12	10	5
6	08-11-2024	20		true	12	12	6
7	27-11-2024	18		true	12	11	6
8	27-12-2024	29		true	12	12	5

Annexure I

IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr	Name of Committee	Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order)	Maximum gap between any two consecutive (in number of days)	Name of other committee	Reson for not providing date	Whether requirement of Quorum met (Yes/No)	Total Number of Directors in the Committee as on date of the meeting	Number of Directors Present (All Directors including Independent Director)	No. of Independent Directors attending the meeting*	No. of members attending the meeting (other than Board of Directors)
1	Audit Committee	23-07-2024				true	5	4	3	0
2	Audit Committee	02-08-2024	9			true	5	5	4	0
3	Audit Committee	27-08-2024	24			true	5	5	4	0
4	Audit Committee	10-09-2024	13			true	5	5	4	0
5	Audit Committee	24-09-2024	13			true	5	5	4	0
6	Audit Committee	22-10-2024	27			true	5	5	4	0
7	Audit Committee	07-11-2024	15			true	5	4	3	0
8	Audit Committee	26-11-2024	18			true	5	4	4	0
9	Audit Committee	17-12-2024	20			true	5	5	4	0
10	Nomination and remuneration committee	09-08-2024				true	5	5	5	0
11	Risk Management Committee	26-07-2024				true	6	6	4	0
12	Risk Management Committee	03-09-2024	38			true	6	6	4	0
13	Risk Management Committee	05-11-2024	62			true	6	5	3	0
14	Risk Management Committee	55			true	5	4	2	0
15	Stakeholders Relationship Committee	06-12-2024				true	7	7	4	0
16	Corporate Social Responsibility Committee	06-08-2024				true	6	6	4	0
17	Corporate Social Responsibility Committee	03-12-2024	118			true	6	6	4	0

Annexure I

V. Affirmations
Sr	Subject	Compliance status (Yes/No)
1	The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015	false
2	The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee	true
3	The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee	true
4	The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c.Stakeholders relationship committee	true
5	The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable the top 1000 listed entities)	Yes
6	The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.	true
7	The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.	true
8	This report and/or the report submitted in the previous quarter has been placed before Board of Directors.	true
9	Any comments/observations/advice of Board of Directors may be mentioned here:

Annexure I

Sr	Subject	Compliance status
1	Name of signatory	ARUNA NITIN DAK
2	Designation	Company Secretary and Compliance Officer

Details of Cyber security incidence

Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter		false
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter

Signatory Details

Name of signatory	ARUNA NITIN DAK
Designation of person	Company Secretary and Compliance Officer
Place	Mumbai
Date	11-02-2025

Investor Grievance Details

No. of investor complaints pending at the beginning of Quarter		0
No. of investor complaints received during the Quarter		76
No. of investor complaints disposed off during the Quarter		76
No. of investor complaints those remaining unresolved at the end of the Quarter		0

Disclosure of Updates to Ongoing Tax Litigations or Disputes The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes				Textual Information(1)
Sr.No.	Name of the opposing party	Date of initiation of the litigation / dispute	Status of the litigation / dispute as per last disclosure	Current status of the litigation / dispute
1	Income Tax Department	22-05-2017	Pending before ITAT	Pending before ITAT
2	Income Tax Department	23-05-2019	Pending before ITAT	Pending before ITAT
3	Income Tax Department	23-05-2019	Pending before ITAT	Pending before ITAT
4	Income Tax Department	21-02-2022	Pending before ITAT	Pending before ITAT
5	Income Tax Department	12-05-2022	Pending before ITAT	Pending before ITAT
6	Income Tax Department	28-04-2023	Pending before CIT(A)	Pending before CIT(A)
7	Income Tax Department	16-10-2023	Pending before CIT(A)	Pending before CIT(A)
8	Income Tax Department	24-04-2024	Pending before CIT(A)	Pending before CIT(A)
9	Income Tax Department	26-04-2024	Pending before CIT(A)	Pending before CIT(A)
10	Income Tax Department	18-12-2024	Pending before ITAT	Pending before ITAT
11	Income Tax Department	30-10-2021	Pending before HC	Pending before HC

Text Block

Textual Information(1)

Income Tax department (opposing party): As on 31st December 2024, 314 appeals pertaining to Income Tax matters (including the cases mentioned above) filed by / against the State Bank of India / erstwhile Associate Banks are pending before the Supreme Court of India, the High Court, the Income Tax Appellate Tribunal and the Joint Commissioner / Commissioner of Income Tax (Appeals). Goods & Service Tax (GST) department (opposing party): As on 31st December 2024, 133 appeals in respect of GST / Service Tax matters filed by / against State Bank of India / erstwhile Associate Banks are pending before the Joint Commissioner / Commissioner of GST (Appeals), the Central Excise and Service Tax Appellate Tribunal, the High Court and Supreme Court of India.