State Bank of India

Past performance
Performance overview
State Bank of India
About State Bank of India The State Bank of India (SBI), headquartered in Mumbai, is an Indian multinational and public sector banking institution, originally established in 1955 following the nationalization of the Imperial Bank of India. As one of India's largest banking and financial service organizations, SBI operates in four major segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. It boasts an extensive network with over 22,405 branches and 65,627 ATMs globally, including 227 overseas offices in 30 countries. SBI also has a significant presence in the insurance sector through its subsidiary SBI Life Insurance. Notable for its innovations in digital banking, SBI offers a variety of products and services such as online trading, e-tax, and virtual debit cards to enhance customer experience. It has engaged in strategic partnerships and expansions, including collaborations with Reliance Industries and PayPal. The bank's total assets reached Rs 39.51 trillion as of March 2020, marking steady growth in its loan portfolio and investments. SBI continues to be a key player in both domestic and international banking sectors.
Website sbi.co.in
Founded 1955
Headquarters Mumbai