State Bank of India - Company Profile

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State Bank of India (SBI) is a universal bank. It provides a range of retail banking, corporate banking, and treasury services. The bank serves individuals, corporates, and institutional clients. Its major offerings include deposit services, personal and business banking cards, and loans and financing. The bank provides services such as mobile banking, internet banking, ATM services, foreign inward remittance, safe deposit locker, money transfer, mobile wallet, trade finance, international banking, agricultural banking, project export finance, treasury, offshore banking, and cash management services. It operates in Asia, the Middle East, Europe, Africa, and North and South America. SBI is headquartered in Mumbai, Maharashtra, India.

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Headquarters India

Address Corporate Centre, State Bank Bhavan, Madame Cama Road, Mumbai, Maharashtra, 400021

Website sbi.co.in

Telephone 91 22 22740841

No of Employees 235,858

Industry Financial Services

Ticker Symbol & Exchange SBIN (NSE)

Revenue (2022) $60.3B 16.3% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 57.3% (2022 vs 2021)

Market Cap* $79.5B

Net Profit Margin (2022) XYZ 35.3% (2022 vs 2021)

* As of and is in US$
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State Bank of India premium industry data and analytics

20+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for State Bank of India (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on State Bank of India’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Deposits: NRI Banking SBI
Current Accounts Gold Banking YONO
Savings Accounts Remittance SBI Unipay
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, the company entered into a partnership with One97 Communications to support its consumer UPI payments.
2024 Contracts/Agreements In March, the company partnered with Aurionpro Solutions to license, implement, and support the cutting-edge cash management and transaction banking platform, iCashpro+.
2024 Corporate Changes/Expansions In March, the bank opened a new branch at Naga United Village, Chumoukedima, Nagaland, India.
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Competitor Comparison

Key Parameters State Bank of India Canara Bank Bank of Baroda Axis Bank Ltd Punjab National Bank
Headquarters India India India India India
City Mumbai Bangalore Mumbai Mumbai New Delhi
State/Province Maharashtra Karnataka Maharashtra Maharashtra Maharashtra
No. of Employees 235,858 84,978 77,244 91,898 104,118
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Dinesh Kumar Khara Chairman Executive Board 2020 -
Challa Sreenivasulu Setty Managing Director - International Banking, Global Markets & Technology; Director Executive Board 2023 -
Ashwini Kumar Tewari Director, Managing Director-Risk, Compliance & SARG Executive Board 2021 -
Rama Mohan Rao Amara Chief Risk Officer; Deputy Managing Director Senior Management 2023 -
Alok Kumar Choudhary Managing Director - Retail Business & Operations; Director Executive Board 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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