Journalism of Courage
State Bank Of India
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State Bank of India (SBI): A Colossus of Indian Banking SBI, headquartered in Mumbai, stands as India's largest bank, commanding a significant 23% market share by assets and a substantial 25% share of the loan and deposit market. This multinational public sector behemoth employs nearly 250,000 peopl...
- Company type Public
- Industry Banking, financial services
- Founded 27 January 192115 April 1840
- Headquarters State Bank Bhavan, M.C. Road, Nariman Point, Mumbai, Maharashtra, India
- Area served India
- Key people Challa Sreenivasulu Setty
- Services Retail banking, Corporate banking, Investment banking, Mortgage loans, Private banking, Wealth management, Asset management, Investment management, Credit cards, Insurance
- Revenue ₹4.39 lakh crore (US$50 billion) (2024)
- Net income ₹69,543 crore (US$8.0 billion) (2024)
- Number of employees 232,296 (31 March 2024)
- Parent Government of India (57.54%)
- Subsidiaries SBI Life Insurance Ltd, SBI Mutual Fund (63%), SBI Cards and Payment Services Ltd (68.63%), SBI General Insurance (69.11%)
- Website www.sbi.co.in, bank.sbi, onlinesbi.sbi
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State Bank Of India history
Last Updated : 06/03/25, 03:30 PM
State Bank of India: A Legacy of Expansion The State Bank of India's (SBI) history traces back to the Bank of Calcutta, established in 1806. It evolved through the amalgamation of three Presidency banks—Bank of Bengal, Bombay, and Madras—in 1921, forming the Imperial Bank of India. The R...
STATE BANK OF INDIA NEWS
‘Must shock conscience for review’: Andhra Pradesh High Court refuses to save SBI employee fired over fraud
May 12, 2026 6:11 pm
the Andhra Pradesh High Court noted that the petitioner could not place his case for judicial review by this court on the punishment imposed by the disciplinary authority.
SBI logs 5.6% rise in Q4 profit; says prolonged war may hit demand
May 09, 2026 6:19 am
SBI is a bellwether for the sector, and its loan growth gives an indication of the state of the banking system
Surat bank heist: 2 held from UP
May 05, 2026 1:06 am
Both the accused were produced before the Gonda district court on Monday that issued a transit remand of four days.
Rs 20 fake electricity bill, Rs 1.99 lakh cyber fraud, apex consumer body orders SBI to pay up
April 20, 2026 11:02 am
The national consumer commission was hearing a second appeal filed by the State Bank of India (SBI) challenging the Karnataka State Consumer Commission’s May order directing refund of Rs 1.99 lakh along with compensation.
Top 10 most valuable banks in India in 2026: SBI overtakes ICICI Bank in market cap to become #2, check who is #1
April 11, 2026 6:10 pm
Top 10 Most Valuable Banks in India by Market Cap: Among individual banks, IDBI Bank registered the sharpest fall, with its market capitalisation plunging 40.3% to Rs 661.27 billion.
SBI Clerk Mains Result 2025 Out: Download scorecards, merit list PDF
February 28, 2026 10:03 am
SBI Clerk Mains Result 2025 Out at sbi.bank.in: The Mains examination was held on November 21, 2025. The recruitment drive seeks to fill 6,589 vacancies for the Clerk post under Advertisement No. CRPD/CR/2025-26/06.
‘Banks must show empathy’: Rajasthan High Court overrules SBI to stop transfer of officer who suffered twin brain strokes
February 27, 2026 10:04 am
The Rajasthan High Court directed SBI to retain stroke-hit officer in Jaipur network, stressing that banks must act with empathy in transfer decisions.
SBI launches CHAKRA for financing RE, advanced cell chemistry and 6 other sunrise sectors
February 01, 2026 1:23 am
Other sunrise domains are data centre infrastructure, smart infrastructure, electric mobility, green hydrogen, semiconductors and decarbonisation.
Crime spree grips Punjab’s Doaba region, over 12 thefts and robberies reported in a few days
December 29, 2025 5:04 pm
A gang of around a dozen masked thieves looted gold and silver ornaments worth Rs 70-80 lakh from Babbar Jewellers, located in Jalandhar’s Shahid Babu Labh Singh Nagar in the early hours of Monday.
SBI’s Garima policy a mere facade: Punjab and Haryana High Court slams bank for flagrant violation of POSH Act
December 22, 2025 9:22 am
Punjab and Haryana High Court quashes deemed resignation of harassed woman officer, brands inquiry process as sham
STATE BANK OF INDIA PHOTOS
SBI Recruitment 2022: How to apply for Probationary Officers posts; salary, exam date, application
September 22, 2022 7:26 pm
SBI Recruitment 2022: Interested candidates can apply online at the official website- sbi.co.in. The application window has opened from today, i.e., September 22 and will close on October 12.
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