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State Bank of India: 2013. 2020. 2021. 2026. Not years, but evidence: Part 1 – the SBI - The Economic Times

Over the last four years, PSU banks have outperformed private-sector banks on the stock market. HDFC Bank, Axis Bank, and others have largely moved sideways. SBI has compounded faster than all – and been re-rated. The future of this re-rating will depend on whether the clean-up is sustainable or not. There is no better way to look at it than by looking at different aspects of the bank over a long period of time. So, for the shareholders of SBI (or those looking to buy the stock) it is important to understand the business and the management running that business.