State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 236th in the Fortune Global 500 list of the world’s biggest corporations of 2019.
FormerlyImperial Bank of IndiaTypePublic Sector UndertakingTraded as
ISININE062A01020IndustryBanking, financial servicesPredecessor
- Imperial Bank of India
(1921 – 1955) - Bank of Calcutta
(1806 – 1921) - Bank of Bombay
(1840 – 1921) - Bank of Madras
(1843 – 1921)
Founded
- 2 June 1806
Bank of Calcutta - 15 April 1840
Bank of Bombay - 1 July 1843
Bank of Madras - 27 January 1921
Imperial Bank of India - 1 July 1955; 65 years ago
State Bank of India
HeadquartersState Bank Bhawan, M.C. Road, Nariman Point, Mumbai, Maharashtra, IndiaNumber of locations22,141 Branches, 58,555 ATMsArea servedWorldwideKey peopleDinesh Kumar Khara
(Chairman)[1]Products
- Retail banking
- Corporate banking
- Investment banking
- Mortgage loans
- Private banking
- Wealth management
- Credit cards
- Finance and Insurance
Revenue
₹368,010.6492 crore (US$52 billion) [2] (2020)Operating income ₹75,105.2876 crore (US$11 billion) [2] (2020)Net income ₹11,439.4023 crore (US$1.6 billion) [2] (2020)Total assets ₹4,197,492.3443 crore (US$590 billion) [2] (2020)Total equity ₹250,167.6630 crore (US$35 billion) [2] (2020)Number of employees249,448 (March 2020)ParentGovernment of India (56.92%)Subsidiaries
- SBI Life Insurance Ltd
- SBI Cards and Payment Services Ltd
- SBI General Insurance (70%)
- Jio Payments Bank (30%)
- Yes Bank (30%)
- Andhra Pradesh Grameena Vikas Bank (35%)
- Kaveri Grameena Bank (35%)
Rating
Websitebank.sbi
SBI 