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State Bank Of India

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...

State Bank Of India Overview

Image Source : Wikipedia
  • 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

Related Other Pages:

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

Q4FY22 growth may decline to 2.7%: SBI

May 27, 2022 3:10 am

Against this backdrop, the Q4 GDP numbers are expected to be much lower than Q3 indicating a continuous deceleration in growth since the starting of the year. The NSO imputed Q4 FY22 growth is 4.8 per cent, and GVA growth at 4.1 per cent.

SBI SO Recruitment 2022: Apply for 641 channel manager posts

May 23, 2022 8:55 pm

The application process is underway and the last date for submitting the application form is June 7, 2022. Interested and eligible candidates can apply online through the official website — sbi.co.in.

SBI hikes MCLR again, second in 1 month

May 16, 2022 6:36 am

SBI recently increased interest rate on its bulk term deposits (Rs 2 crore and above) by 40 – 90 basis points, with effect from May 10.

Chandigarh resident clicks on web link, loses over Rs 4 lakh in minutes

May 05, 2022 6:36 am

The web link was shared from a mobile number which was later found registered to a fake identity. The person who called Manjinder Singh had introduced himself as a representative of SBI.

SBI issues certificate withheld for non-payment of 31 paise after Gujarat HC ire

May 03, 2022 4:26 am

On April 27, SBI had drawn the High Court’s ire during the hearing of a petition moved by two persons -- Rakesh and Manoj Verma -- after the bank failed to issue the required certificate.

No polls, no problem for donors: Parties get Rs 648.48 crore of electoral bonds in April

May 01, 2022 11:27 pm

Political parties encashed bonds worth Rs 9,836 crore since 2018

SBI draws Gujarat High Court ire for not issuing no-dues certificate over 31 paise

April 29, 2022 2:16 am

The petitioners moved the high court after buying a plot of agricultural land at Sanand from the borrower who had paid off the outstanding dues of a loan. But the mutation of the land was pending due to the non-issuance of no-dues certificate by the bank over 31 paise.

Fixed Deposit (FD) Interest Rates 2022: Here's what these banks are offering, check here

April 25, 2022 11:53 am

Best FD Interest Rates with 1-Year Tenure in 2022: Here are the fixed deposit (FD) interest rates from the top four banks in India. Read below to find out the best interest rates.

SBI invites applications for special cadre officers; check eligibility criteria

April 12, 2022 7:03 pm

The last date to apply for the posts is April 28.  Interested and eligible candidates can apply at the official website - sbi.co.in

Maharashtra: CBI to soon start investigation into 12 cases of high-profile bank fraud

March 21, 2022 6:00 am

Lens on Jet Airways, Rana Kapoor, IL&FS, Cox and Kings among others

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