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
HC seeks Delhi govt stand in hospital’s plea for payment of Rs 52 lakh bill of Alzheimer’s patient
September 08, 2023 6:42 pm
The hospital has said that it never denied the patient treatment, however, “at this relevant point in time”, it was imperative that bills of Rs 51,97,329 be cleared immediately.
SBI PO 2023 registration begins: Applications open for 2000 vacancies, check how to apply and more
September 08, 2023 9:29 am
SBI PO 2023: Interested and eligible candidates can apply at the official website of SBI— sbi.co.in or ibpsonline.ibps.in.
SBI Recruitment 2023: Application open for 107 posts in clerical cadre
September 07, 2023 9:15 am
SBI opens application for clerical cadre posts for ex-servicemen, ex-CAPF, AR and state fire service personnel.
State Bank of India bets on private capex to grow corporate credit, says chairman
August 07, 2023 2:09 pm
About 70% of the 3.5 trillion rupees would be in term loans and help boost SBI's corporate loan book by 12%-13% this fiscal, said SBI Chairman Dinesh Kumar Khara.
SBI’s Q1 profit nearly triples to all-time high
August 05, 2023 4:31 am
Bank expects to maintain credit growth at 14-16% in FY24: Chairman
SBI posts highest-ever quarterly profit, expects to maintain credit growth at 14-16% in FY24
August 04, 2023 7:34 pm
SBI’s asset quality improved, with gross non-performing assets (NPAs) declining to 2.76 per cent from 3.91 per cent.
State Bank of India raises Rs 10,000-cr via infra bonds
August 01, 2023 12:53 am
The issue attracted bids worth Rs 21,698 crore and was oversubscribed by 4.34 times against the base issue size.
State Bank of India plans infra bond issue to raise Rs 100 billion, say bankers
July 20, 2023 12:47 pm
State Bank of India (SBI), the country's largest lender, plans to raise up to Rs 100 billion ($1.22 billion) through the sale of infrastructure bonds maturing in 15 years, three bankers said.
Senco IPO price band at Rs 301-317 per share
July 04, 2023 2:37 pm
The Senco IPO comprises a fresh issue of equity shares aggregating up to Rs 270 crore and an offer-for-sale of equity shares to the tune of Rs 135 crore by selling shareholder – SAIF Partners India IV Ltd, the RHP said.
Govt appoints SBI MD Swaminathan Janakiraman as RBI deputy governor
June 20, 2023 4:37 pm
The government on Tuesday appointed Swaminathan Janakiraman as a deputy governor of the Reserve Bank of India for three years from the date of joining.
