Journalism of Courage
State Bank Of India
Follow on:
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
Electoral Bonds: Among top 100 donors, many unknown entities
March 15, 2024 6:51 am
The SBI list of purchasers of Electoral Bonds includes in the top 100 donors a host of companies and enterprises relatively unknown but have contributed between Rs 105 crore to Rs 27.5 crore. These include:
S Y Quraishi on electoral bonds: No going back to square one
March 15, 2024 10:35 pm
The post-mortem of electoral bonds will go on, but let the debate now shift to the way forward
SBI invites applications for Youth for India fellowship programme
March 15, 2024 10:09 am
Interested candidates can apply for the programme at the official website -- youthforindia.org/register. This programme will begin on May 13.
Express View: SBI must disclose who purchased electoral bonds, who received them
March 12, 2024 1:08 am
It must not delay disclosing this information any further. After all, matters involving the world of campaign finance in India should be at the centre of the electoral process, and it begins with the voters' right to know
'First step in exposing Modi govt's corruption': Congress welcomes Supreme Court dismissing SBI plea on electoral bonds
March 11, 2024 5:54 pm
The Supreme Court order denying the SBI an extension of time till June 30 to disclose details of electoral bonds is a victory for transparency, accountability, and a level playing field in democracy, the Congress said.
SBI seeking extension on electoral bond data 'ploy' to delay it till polls, alleges CPI-M
March 07, 2024 7:16 pm
The Lok Sabha polls are expected to be held in April-May. The schedule is yet to be announced by the Election Commission.
Contempt plea in SC against SBI's prayer for time extension to disclose electoral bond details
March 07, 2024 1:50 pm
A bench headed by Chief Justice D Y Chandrachud took note of the submissions made by lawyer Prashant Bhushan, who appeared in the court on behalf of NGO Association for Democratic Reforms (ADR), that he was seeking initiation of contempt proceedings in the case.
SC to consider hearing ADR contempt plea after deadline to give electoral bonds details to ECI pass
March 08, 2024 6:59 am
ADR said SBI “has deliberately filed” the application regarding electoral bonds “at the last moment in order to ensure that the details of donors and the amount of donations are not disclosed” before the Lok Sabha polls.
SBI should transfer details on Electoral Bonds to EC as per SC deadline: Yechury
March 05, 2024 7:51 pm
His comment comes a day after the State Bank of India (SBI) on Monday moved the Supreme Court, seeking an extension till June 30 to disclose details of each electoral bond encashed by political parties.
Pension liability brings down SBI profits by 35.5% in Dec quarter
February 04, 2024 4:37 pm
On credit offtake, Khara said, “we are observing that credit growth has been very broad based. We are seeing a health trend and are quite hopeful it will continue going forward as well.”
