What do you mean by Held-To-Maturity (HTM) in State Bank Of India reference will you plz tell me about the same , as my cousin want to collect its info ??

[prince karak]

State Bank of India is an Indian multinational, public sector banking and financial services company. It is Indias Largest Bank with its headquarters in Mumbai, Maharashtra.

A held-to-maturity security is purchased with the intention of holding the investment to maturity. This type of security is reported at amortized cost on a company's financial statements and is usually in the form of a debt security with a specific maturity date.

Bank profile:

Type Public

Traded as NSE: SBIN

BSE: 500112

LSE: SBID

BSE SENSEX Constituent

CNX Nifty Constituent

Industry Banking, financial services

Founded 2 June 1806, Bank of Calcutta

27 January 1921, Imperial Bank of India

1 July 1955, State Bank of India

2 June 1956, nationalization

Headquarters Mumbai, Maharashtra, India

Area served Worldwide

Key people Rajnish Kumar (Chairman)

Products Consumer banking, corporate banking, finance and insurance, investment
banking, mortgage loans, private banking, private equity, savings, securities, asset
management, wealth management, credit cards

Revenue ₹298,640.45 crore (US$47 billion) (2017)

Operating income ₹50,847.90 crore (US$7.9 billion) (2017)

Profit ₹10,484.10 crore (US$1.6 billion) (2017)

Total assets ₹2,705,966.30 crore (US$420 billion) (2017)

Total equity ₹144,274.65 crore (US$22 billion) (2016)

Owner Government of India (61.23%)

Number of employees 209,567 (2017)

Capital ratio 13.12% (2016)