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.
State Bank of India premium industry data and analytics
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 |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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