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
Will increase interest rates if cost of funds rises: SBI Chairman
November 23, 2023 12:44 am
As per a recent SBI research report, the banking industry will require Rs 84,000 crore of excess capital or five per cent increase on Rs 15.2 lakh crore capital requirement following the RBI decision to tighten the risk weights on unsecured loans.
Dead people can’t be sued: Delhi Court to SBI
November 16, 2023 10:18 pm
The State Bank of India (SBI) had tried to recover Rs. 13.5 lakhs from a person who had died two years ago
Sensex, Nifty jump nearly 1% on gain in IT, banking shares; rally for 3rd day on the trot
November 06, 2023 4:26 pm
The 30-share BSE Sensex jumped 594.91 points or 0.92 per cent to settle at 64,958.69. During the day, it rallied 628.76 points or 0.97 per cent to 64,992.54.
SBI posts 8.03% rise in Q2 profit on net interest income boost
November 05, 2023 1:45 am
SBI chairman Dinesh Khara said he expects a credit growth of 13-14 per cent for the bank in the current fiscal.
Ahead of elections, SBI sold Rs 1,148 cr in bonds
November 01, 2023 2:32 am
The 28th tranche of electoral bonds went on sale from October 4 to 14, while the ECI announced the poll schedule for the five Assembly elections on October 9.
SBI PO Prelims 2023: Call letter released at sbi.co.in; check steps to download
October 25, 2023 9:38 am
SBI PO Prelims 2023 Hall Ticket: SBI will close the PO prelims 2023 admit card download link on November 6, 2023. Candidates who appear for the SBI PO prelims 2023 exam in November will have to keep the signed copy of the admit card to appear in the mains exam.
India extends tenure of SBI chairman until August 2024, says report
October 05, 2023 3:20 pm
The tenure of Dinesh Khara has been extended until he attains the age of 63 next year, a report said.
SBI PO 2023: Registration deadline extended; apply by October 3
September 29, 2023 9:20 am
SBI PO 2023: Interested and eligible candidates can apply through the official website— sbi.co.in.
IDP Education, SBI collaborate for study abroad education loans
September 29, 2023 9:16 am
IDP has already established partnerships with ICICI Bank and HDFC Credila.
SBI introduces digital opening of NRE/NRO account setup through YONO
September 18, 2023 3:35 pm
This service is designed for NTB or 'new to bank' customers, providing them with ease and efficiency in the account opening process, SBI said in a statement on Monday.
