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
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
SBI cuts savings account, fixed deposit interest rates
June 15, 2025 8:32 pm
Following the RBI’s 50 bps cut in the repo rate, many lenders including Canara Bank, Union Bank of India, Bank of Maharashtra and Indian Overseas Bank have already reduced their repo-linked lending rates.
SBI Clerk Mains Result 2025: State Bank of India declares mains exam results at sbi.co.in
June 12, 2025 9:49 am
Candidates who have cleared the mains exam must appear for the Language Proficiency Test. The LPT is qualifying in nature and will assess a candidate’s ability to read, write, and speak the local language of the state or union territory applied for.
SBI expects slower loan growth of 12-13% in FY26 amid tariff-related risks
May 04, 2025 4:35 am
US President Donald Trump's announcement of reciprocal tariffs has increased the risk of global growth slowdown while trade wars seem to be escalating
SBI, BOI, Indian Bank reduce lending rates post repo rate cut
April 15, 2025 10:52 pm
The reduction in the lending rates will provide relief to borrowers of various loans, including home and personal, as their equated monthly instalments (EMIs) will decline
SBI Clerk Mains Admit Card 2025 Out: Website to check
April 02, 2025 7:00 pm
SBI Clerk Mains Admit Card 2025 Out: The SBI Clerk Main exam will be conducted from April 10 to 12. The candidates can download the admit card through the official website – sbi.co.in/careers.
SBI Clerk Prelims result 2025 this month: Website to check
March 26, 2025 6:22 pm
SBI Clerk Prelims Result 2025 Expected Date: Candidates can check it on sbi.co.in. Those who pass will become eligible to appear for SBI clerk main exam.
India needs to grow 8% for progress, core sector must invest: SBI chairman
March 13, 2025 8:58 am
According to him, while private capital expenditure is happening in certain sectors, the core sectors, such as steel and cement, must start to invest. “They all have reached the capacity utilisation of 75-76 per cent,” he said.
SBI PO 2025: Prelims exams on Mar 8, 16, 24
February 19, 2025 9:30 am
SBI PO Prelims Exam 2025: The SBI PO 2024 preliminary exam will be conducted on March 8, March 16, and March 24. The notification also mentioned that call letter dates will be announced separately and shortly.
SBI invites application for 13th batch of YFI Fellowship, register at apply.youthforindia.org
February 14, 2025 9:18 am
SBI Foundation announces registration for the 13th Batch of Youth for India fellowship. Interested candidates can apply through the official website apply.youthforindia.org.
Sticking to overall credit growth target of 14-16% for FY2025: SBI Chairman
February 07, 2025 12:07 am
In the quarter ended December 2024, the bank's net profit grew 84 per cent to Rs 16,891 crore, compared to Rs 9,164 crore in the year-ago period.
