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State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]
The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ex-officio chair of its Central Board of Directors. Since its establishment in 1955 by the government of India, the State Bank of India has been headed by twenty-seven chairpersons.
Merged with the Madras Bank, The Carnatic Bank, and the British Bank of Madras to form the Bank of Madras in 1843. Madras Presidency. [2][3][4][5] 5. Bank of Calcutta. 1806. 1921. merged with the Bank of Bombay and Bank of Madras in 1921 to form the Imperial Bank of India. Calcutta.
State Co-operative Banks (SCBs) There are 33 state co-operative banks in India. The Andaman and Nicobar State Co-operative Bank Ltd. The Andhra Pradesh State Co-operative Bank Ltd. The Arunachal Pradesh State co-operative Apex Bank Ltd. The Assam Co-operative Apex Bank Ltd. The Bihar State Co-operative Bank Ltd.
SBI Holdings, sometimes referred to as Strategic Business Innovator Group, (TYO: 8473) is a financial services company group based in Tokyo, Japan. [2] The group's businesses and companies are held primarily at SBI Holdings.
Succeeded by. Challa Sreenivasulu Setty. Personal details. Born. (1961-08-28) 28 August 1961 (age 63) Residence. Mumbai, India. Dinesh Kumar Khara (born 28 August 1961) is a career banker and former Chairman of the State Bank of India a position he assumed on 7 October 2020 and served there till 28 August 2024. [1][2][3]
SBI Capital Markets (SBICAPS) is a wholly owned investment banking subsidiary of State Bank of India (SBI). [3] Headquartered in Mumbai, SBICAPS has 6 regional offices across India (Ahmedabad, Chennai, Hyderabad, Kolkata, New Delhi and Bengaluru) and the United Arab Emirates (Abu Dhabi), and 2 subsidiaries - SBICAP Securities Limited and SBICAP Trustee Company Limited.
In India, the State Bank of India is an Indian multinational public sector bank and financial services statutory body. [5] It is a defined type of bank in India known as a public sector bank, and the largest bank in India. [6] It was founded as a private commercial bank, then nationalised by the Government of India, and the product of several ...