Call Us

+91-33-2227-3952
+91-33-2227-3953

STATE BANK OF INDIA AND ITS ASSOCIATES

State Bank of India (SBI) is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of December 2013, it had assets of US$388 billion and more than15,000 branches, including 190 foreign offices, making it the largest banking and financial services company in India by assets.
The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Bank of Madras merged into the other two Presidency banks—Bank of Calcutta and Bank of Bombay—to form the Imperial Bank of India, which in turn became the State Bank of India. Government of India nationalized the Imperial Bank of India in 1955, with Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the stake held by the Reserve Bank of India.SBI is a regional banking behemoth and has 20% market share in deposits and loans among Indian commercial banks.
SBI provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). SBI has 14 regional hubs and 57 Zonal Offices that are located at important cities throughout India.
SBI had 14,816 branches in India, as on 31 March 2013, of which 9,851 (66%) were in Rural and Semi-urban areas. In the financial year 2012-13, its revenue was INR 200,560 Crores (US$ 36.9 billion), out of which domestic operations contributed to 95.35% of revenue. Similarly, domestic operations contributed to 88.37% of total profits for the same financial year.

SBI and associate banks:

Sl.No

SBI and Associate Banks

Website

1

State Bank of India

www.sbi.co.in

2

State Bank of Hyderabad

www.sbhyd.com

3

State Bank of Patiala

www.sbp.co.in

4

State Bank of Mysore

www.statebankofmysore.co.in

5

State Bank of Bikaner and Jaipur

www.sbbjbank.com

6

State Bank of Travancore

www.statebankoftravancore.com


Vacancies

Notice Board