BREAKING NEWS
Cloud Server Hosting For Online Businesses
Inexpensive SEO Services
Benefits of Wanting to play Free Online Slot machines
State Bank of India

Summary

State Bank of India (SBI) is an Indian multinational public sector bank and financial service body headquartered in Mumbai. It is the largest bank in India[11] with a 23% market share by assets and a 25% share of the total loan and deposits market.[12] It is also the tenth largest employer in India with nearly 250,000 employees.[13][14][15] As of 2024, SBI has 50 crore customers.[16]

State Bank of India
Company typePublic
ISININE062A01020
IndustryBanking, financial services
Predecessor
Imperial Bank of India
(1921 – 1955)
Bank of Calcutta
(1806 – 1921)
Bank of Bombay
(1840 – 1921)
Bank of Madras
(1843 – 1921)
Founded1 July 1955; 69 years ago (1955-07-01)
State Bank of India
HeadquartersState Bank Bhavan, M.C. Road, Nariman Point, Mumbai, Maharashtra, India
Number of locations
22,542 branches
63,580 ATMs
Area served
India
Key people
Products
RevenueIncrease ₹5.24 lakh crore (US$62 billion)[3] (2025)
Increase ₹1.10 lakh crore (US$13 billion)[4] (2025)
Increase ₹70,910 crore (US$8.4 billion)[4] (2025)
Total assetsIncrease ₹66.76 lakh crore (US$790 billion)[3] (2025)
Total equityIncrease ₹4.86 lakh crore (US$57 billion)[3] (2025)
Number of employees
232,296 (31 March 2024)[5]
ParentGovernment of India (57.54%)
Subsidiaries
Capital ratioTier 1 14.28%(2024)[6]
Rating
Website
  • sbi.co.in
  • bank.sbi
  • onlinesbi.sbi
Footnotes / references
[3][8][9][10]

The Reserve Bank of India (RBI) has identified SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), which are often referred to as banks that are "too big to fail".[17][18] SBI is the 47th 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.[19] In 2024, SBI was ranked 55th in Forbes Global 2000.[20]

The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged into the other two presidency banks in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India on 1 July 1955.[21] Over the course of its 200-year history, the bank has been formed from the mergers and acquisitions of more than twenty banks.[22][23] The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India's central bank) taking a 60% stake, renaming it State Bank of India.

History

edit
 
Seal of Imperial Bank of India

The roots of the State Bank of India lie in the first decade of the 19th century when the Bank of Calcutta (later renamed the Bank of Bengal) was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras (incorporated on 1 July 1843). All three Presidency banks were incorporated as joint stock companies and were the result of royal charters. These three banks received the exclusive right to issue paper currency till 1861 when, with the Paper Currency Act, the right was taken over by the Government of India. The Presidency banks amalgamated on 27 January 1921, and the re-organised banking entity took as its name Imperial Bank of India. The Imperial Bank of India remained a joint-stock company but without Government participation.

Under the provisions of the State Bank of India Act of 1955, the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India. In 2008, the Government of India acquired the Reserve Bank of India's stake in SBI to remove any conflict of interest because the RBI is the country's banking regulatory authority.

In 1959, the government passed the State Bank of India (Subsidiary Banks) Act. This made eight banks that had belonged to princely states into subsidiaries of SBI. This was during the First Five-Year Plan, which prioritised the development of rural India. The government integrated these banks into the State Bank of India system to expand its rural outreach. In 1963, SBI merged the State Bank of Jaipur (est. 1943) and State Bank of Bikaner (est.1944).

SBI has acquired local banks in rescues. The first was the Bank of Bihar (est. 1911), which SBI acquired in 1969, together with its 28 branches. The next year, SBI acquired the National Bank of Lahore (est. 1942), which had 24 branches. Five years later, in 1975, SBI acquired Krishnaram Baldeo Bank, which had been established in 1916 in Gwalior State, under the patronage of Maharaja Madho Rao Scindia. The bank had been the Dukan Pichadi, a small moneylender, owned by the Maharaja. In 1985, SBI acquired the Bank of Cochin in Kerala, which had 120 branches. SBI was the acquirer as its affiliate, the State Bank of Travancore, already had an extensive network in Kerala.

In March 2001, SBI partnered with BNP Paribas to form a 76:24 joint venture life insurance company named SBI Life Insurance Company.

The proposal to merge all the associate banks into SBI to create a single very large bank and streamline operations started in the mid-2000s.[24]

The first step towards unification occurred on 13 August 2008 when State Bank of Saurashtra merged with SBI, reducing the number of associate state banks from seven to six. On 19 June 2009, the SBI board approved the absorption of State Bank of Indore, in which SBI held 98.3%.[25] The acquisition of State Bank of Indore added 470 branches to SBI's existing network of branches. The process of merging of State Bank of Indore was completed in 2010.[26]

In 2009, SBI and Macquarie Group established the Macquarie-SBI Infrastructure Fund to invest in infrastructure projects in India.[27] In 2011, SBI and Oman's sovereign wealth fund SGRF launched a 50:50 joint venture private equity firm called the Oman India Joint Investment Fund.[28]

On 7 October 2013, Arundhati Bhattacharya became the first woman to be appointed chairperson of the bank.[29]

Under the Pradhan Mantri Jan Dhan Yojana of financial inclusion launched by Government in August 2014, SBI held 11,300 camps and opened over 30 lakh (3 million) accounts by September, which included 21 lakh (2.1 million) accounts in rural areas and 15.7 lakh (1.57 million) accounts in urban areas.[30]

In 2016, the board of SBI and the Union Cabinet cleared the proposal to merge the remaining five associate banks (State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore) and SBI's fully-owned subsidiary Bharatiya Mahila Bank with SBI.[31][32] The merger would see SBI entering the list of world's 50 largest banks by assets.[33] The merger went into effect on 1 April 2017.[34]

In March 2020, as part of an RBI-directed rescue deal, the State Bank of India acquired a 48.2% stake in Yes Bank.[35] As of 8 February 2024, the shareholding has decreased to 26.13%.[36]

On 16 August 2022, in an attempt to facilitate and support India's start-ups, SBI launched a dedicated branch for start-ups in Bengaluru.[37]

Operations

edit

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 17 regional hubs known as local head offices (LHOs), under whom are 57 administrative offices (AOs), that are located in important cities throughout India, under whom are furthermore administrative sub-offices known as regional business offices (RBOs), with each RBO having, under its direct administrative control, some 40 to 50 branches.

Domestic

edit
 
Samriddhi Bhavan, Kolkata

As per SBI website, SBI has 22,405 branches in India.[38][39] In the financial year 2012–13, 95.35% of its revenue and 88.37% of total profits came from domestic operations.[38]

As of July 2023, the SBI group had 65,627 ATMs.[40] In November 2017, SBI launched an integrated digital banking platform named YONO.[41] SBI YONO has 8.77 Crore users in FY25[42]

International

edit
 
State Bank of India branch at Southall, United Kingdom
 
Stamp dedicated to the State Bank of India in 2005

As of 2014–15, the bank had 191 overseas offices spread over 36 countries having the largest presence in foreign markets among Indian banks.[43]

  • SBI Australia[44]
  • SBI Bangladesh[45]
  • SBI Bahrain[46]
  • SBI Canada Bank[47] was incorporated in 1982 as a subsidiary of the State Bank of India. SBI Canada Bank is a Schedule II Canadian Bank listed under the Bank Act and is a member of the Canada Deposit Insurance Corporation.
  • SBI China[48][49]
  • PT Bank SBI Indonesia SBI acquired a 76% stake in PT Bank Indo Monex for $6 million in 2006.[50] In 2009, the bank was renamed PT Bank SBI Indonesia.[51]
  • SBI (Mauritius) Ltd SBI established an offshore bank in 1989, State Bank of India International (Mauritius) Ltd. This then amalgamated with The Indian Ocean International Bank (which had been doing retail banking in Mauritius since 1979) to form SBI (Mauritius) Ltd. Today, SBI (Mauritius) Ltd has 14 branches – 13 retail branches and 1 global business branch at Ebene in Mauritius.[52]
  • Nepal SBI Bank Limited SBI owns 55% stake, while the state-owned Employees Provident Fund of Nepal owns 15% and the general public owns the remaining 30%. Nepal SBI Bank Limited has branches throughout the country.
  • Commercial Indo Bank LLC, Moscow was established as a 60:40 joint venture between SBI and Canara Bank. In 2022, SBI acquired Canara Bank's 40% stake for $14.67 million.[53]
  • SBI Singapore In 1977, SBI established an offshore bank in Singapore providing commercial and wholesale banking services. In October 2008, it obtained a qualified full banking license.[54]
  • SBI South Korea In January 2016, SBI opened its first branch in Seoul, South Korea.[55]
  • SBI South Africa
  • SBI Sri Lanka[56] was founded in 1864 and is the oldest bank in Sri Lanka.[57] It has three branches located in Colombo, Kandy and Jaffna.
  • SBI UK Ltd[58]
  • SBI US In 1982, the bank established a subsidiary, State Bank of India (California). It has ten branches—nine branches in the state of California and one in Washington, D.C., as of 28 March 2011.

Former associate banks

edit
 
Main branch of SBI in Mumbai

SBI acquired the control of seven banks in 1960. They were the seven regional banks of former Indian princely states. They were renamed, prefixing them with 'State Bank of'. These seven banks were State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Indore (SBN), State Bank of Mysore (SBM), State Bank of Patiala (SBP), State Bank of Saurashtra (SBS) and State Bank of Travancore (SBT). All these banks were given the same logo as the parent bank, SBI.

The plans for making SBI a single very large bank by merging all associate banks started in 2008, when SBS merged with SBI. The very next year, SBN also merged with SBI. The merger of the five remaining associate banks, namely SBBJ, SBH, SBM, SBP, and SBT, with the SBI received approval in 2016.[59][60] The merger completed in April 2017, with SBI's fully-owned subsidiary Bharatiya Mahila Bank also merging with SBI.[61]

In Nigeria, SBI operated as INMB Bank, which began in 1981 as the Indo–Nigerian Merchant Bank and received permission in 2002 to commence retail banking. It later merged with NAL Bank.[62] In Kenya, State Bank of India acquired 76% of Giro Commercial Bank for US$8 million in October 2005.[63] In 2015, Giro Commercial Bank was acquired by I&M Holdings.[64] In Botswana, SBI registered a subsidiary on 27 January 2006 and was issued a banking licence by the Bank of Botswana on 29 July 2013. The subsidiary handed over its banking licence and closed its operations in 2021.[65]

 
State Bank of India Mumbai LHO

Non-banking subsidiaries

edit

Notable non-banking subsidiaries of SBI include:[66]

Affiliate banks

edit

Banks in which SBI owns non-controlling minority stakes include:

Listings and shareholding

edit
 
Share of the Bank of Bengal, issued 13 May 1876

As of June 2024,[68] the Government of India held around 57.54% equity shares in SBI. The Life Insurance Corporation of India, itself state-owned, is the largest non-promoter shareholder in the company with 9.02% shareholding.[69]

The equity shares of SBI are listed on the Bombay Stock Exchange,[70] where it is a constituent of the BSE SENSEX index,[71] and the National Stock Exchange of India,[72] where it is a constituent of the NIFTY 50.[73] Its Global Depository Receipts (GDRs) are listed on the London Stock Exchange.[74]

Employees

edit

SBI is one of the largest employers in the world with 232,296 employees as of 31 March 2024. Out of the total workforce, the representation of women employees is nearly 27%. The percentage of officers, associates, and subordinate staff was 47.4%, 38.4%, and 12.77% respectively on the same date. Each employee contributed a net profit of ₹2,620,460 (US$31,000) during FY 2023-24.[75]

edit
 
State Bank of India logo was designed by NID in 1971

The SBI logo was designed by the National Institute of Design, Ahmedabad in 1971.[76] The logo was designed by Shekhar Kamat and the logotype in 14 Indian languages was designed by Mahendra Patel.[77][78] State Bank of India and all its associate banks used the same blue keyhole logo.[79] The State Bank of India wordmark usually had one standard typeface, but also utilised other typefaces. The wordmark now has the keyhole logo followed by "SBI".

Philanthropy

edit

State Bank of India maintains a philanthropic arm named SBI Foundation which supports development initiatives in India and also with initiatives that comply under the Ministry of Corporate Affairs under corporate social responsibility.[80][81]

See also

edit

References

edit
  1. ^ "govt-appoints-dinesh-kumar-khara-as-sbi-chairman-for-3-years". livemint. 6 October 2020. Retrieved 7 October 2020.
  2. ^ "SBI appoints Kameshwar Rao Kodavanti as CFO". The Economic Times. July 2023.
  3. ^ a b c d "Annual Report of State Bank of India FY 25". Retrieved 10 May 2025.
  4. ^ a b Cite error: The named reference Annual Report 2025 was invoked but never defined (see the help page).
  5. ^ Ghosh, Shayan (14 May 2024). "SBI Reduced it's Headcount by 25,000 in five years". Retrieved 15 May 2024.
  6. ^ "PILLAR 3 DISCLOSURES (CONSOLIDATED) AS ON 31.12.2022". bank.sbi.
  7. ^ a b c "Bank Ratings - Investor Relations".
  8. ^ "State Bank of India Consolidated Yearly Results, State Bank of India Financial Statement & Accounts". moneycontrol.com. Archived from the original on 2 July 2017. Retrieved 26 June 2017.
  9. ^ "State Bank of India Yearly Results, State Bank of India Financial Statement & Accounts". moneycontrol.com. Archived from the original on 20 July 2017. Retrieved 26 June 2017.
  10. ^ "From Imperial Bank to State Bank" (PDF). Archived (PDF) from the original on 30 October 2013. Retrieved 28 June 2017.
  11. ^ "SBI joins Rs 7-trillion market cap club; stock surges 26% in three months". 14 September 2022.
  12. ^ "Away from the public gaze, State Bank of India is preparing to unleash a revolution". Archived from the original on 22 May 2018. Retrieved 22 May 2018.
  13. ^ "These Are the Biggest Employers in India". 15 December 2016.
  14. ^ "India's eight biggest employers".
  15. ^ "Top Companies in India: Top Companies in India by Employee Cost, Top BSE Companies by Employee Cost, Top BSE Companies".
  16. ^ "SBI crosses 50 crores customer milestone, Dinesh Khara expresses gratitude".
  17. ^ "Monetary and Credit Information Review". Reserve Bank of India. 31 January 2024. Retrieved 1 September 2024. Domestic Systemically Important Banks (D-SIBs) - The Reserve Bank on January 2, 2023 released the list of Domestic Systemically Important Banks (D-SIBs). State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as D-SIBs, under the same bucketing structure as in the 2021 list of D-SIBs.
  18. ^ "RBI releases 2020 list of Domestic Systemically Important Banks (D-SIBs)". Reserve Bank of India. 19 January 2021. Retrieved 1 September 2024.
  19. ^ "Fortune Global 50 list". Retrieved 16 January 2021.
  20. ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.
  21. ^ Rajesh (2009). Banking Theory Law N Practice. Tata McGraw-Hill Education. p. 8. ISBN 978-0-07-009123-8. Retrieved 4 November 2014.
  22. ^ "From Imperial Bank to State Bank" (PDF). rbidocs.rbi.org.in. Retrieved 11 September 2023.
  23. ^ "The State Bank Of India (Subsidiary Banks) Act, 1959". Indian Kanoon. Retrieved 11 September 2023.
  24. ^ "Indian Banks' Association". Iba.org.in. 23 April 2005. Archived from the original on 21 July 2011. Retrieved 21 December 2010.
  25. ^ "Approvals for State Bank of Indore merger by July: SBI". Business Standard. 21 June 2010. Archived from the original on 8 July 2011. Retrieved 28 June 2010.
  26. ^ "State Bank of Indore branches to become SBI units from Aug 26 : SBI". The Economic Times. 26 August 2010. Archived from the original on 8 October 2016. Retrieved 26 August 2010.
  27. ^ "SBI and Macquarie launch Indian Infrastructure Fund". The Economic Times. 6 April 2009. Retrieved 6 March 2025.
  28. ^ "SBI-backed Oman India Fund looks to raise Rs 19, 800 crore in second innings". The Economic Times. 16 November 2015. Retrieved 6 March 2025.
  29. ^ "Arundhati Bhattacharya, the first woman to head SBI". The Hindu. 7 October 2013. Archived from the original on 3 December 2013. Retrieved 8 October 2013.
  30. ^ "SBI takes lead in opening bank accounts under Jan Dhan Yojana". The Economic Times. 11 September 2014. Archived from the original on 21 September 2014. Retrieved 30 September 2014.
  31. ^ "Cabinet okays merger of associates with SBI". @Businessline. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
  32. ^ Saha, Manojit (18 May 2016). "Five associate banks to merge with SBI". The Hindu. Archived from the original on 21 June 2016. Retrieved 1 July 2016.
  33. ^ Iyer, Aparna (17 May 2016). "SBI merger: India may soon have a global Top 50 bank". Archived from the original on 30 June 2016. Retrieved 1 July 2016.
  34. ^ "Five associate banks, BMB merge with SBI". The Hindu. April 2017. Archived from the original on 1 April 2017. Retrieved 30 August 2019.
  35. ^ "SBI to buy YES Bank shares worth Rs 7,250 crore at Rs 10 a piece". economictimes.indiatimes.com. 14 March 2020. Retrieved 25 April 2024.
  36. ^ "SBI jumps over 6% on YES Bank block deal buzz. Is PSU booking profit after recent surge". economictimes.indiatimes.com. 8 February 2024. Retrieved 25 April 2024.
  37. ^ Livemint (16 August 2022). "Bengaluru: SBI launches its first dedicated branch for start-ups. Details here". mint. Retrieved 18 August 2022.
  38. ^ a b "Fortune 'Global 500' 2016:State Bank of India". CNN. Archived from the original on 25 September 2016. Retrieved 10 October 2016.
  39. ^ "SBI Reports a 35 Percent Decline in Net Profit for Q3 2024". 3 February 2024. Archived from the original on 3 February 2024. Retrieved 3 February 2024.
  40. ^ "SBI network of ATM's".
  41. ^ Upadhyay, Harsh (24 November 2017). "SBI launches digital banking-cum-shopping platform 'YONO'". Entrackr. Retrieved 6 March 2025.
  42. ^ "SBI Yono Users". 3 May 2025.
  43. ^ "SBI Annual Report 2014–15". State Bank of India. Archived from the original on 26 November 2015. Retrieved 14 January 2016.
  44. ^ "About SBI Australia – SBI – Australia". aus.statebank. Retrieved 29 March 2021.
  45. ^ "About SBI Bangladesh – SBI – Bangladesh". bd.statebank. Retrieved 29 March 2021.
  46. ^ "Home - SBI - Bahrain". bh.statebank. Retrieved 27 December 2021.
  47. ^ "About SBI Canada – SBI Canada Bank". ca.statebank. Retrieved 29 March 2021.
  48. ^ "About SBI China – SBI – China". cn.statebank. Retrieved 21 May 2021.
  49. ^ "State Bank of India set to open second branch in China". The Hindu. Retrieved 1 June 2017.
  50. ^ "SBI buys Indonesian bank for $6 mn". Business Standard. 8 November 2005. Retrieved 6 March 2025.
  51. ^ "SBI eyeing bank acquisition in Indonesia". The Economic Times. 14 November 2010. Retrieved 6 March 2025.
  52. ^ Bank to Grow with Archived 2 May 2017 at the Wayback Machine. SBI Mauritius. Retrieved 26 December 2018.
  53. ^ "State Bank of India to acquire balance stake in Commercial Indo Bank LLC, Moscow". Business Standard. Retrieved 6 March 2025.
  54. ^ "SBI to double its branch network in Singapore this fiscal". Business Standard. 5 June 2009. Retrieved 6 March 2025.
  55. ^ "State Bank of India opens first branch in South Korea". The Economic Times. 13 January 2016. Retrieved 6 March 2025.
  56. ^ "About SBI Sri Lanka – SBI – Sri Lanka". sl.statebank. Retrieved 29 March 2021.
  57. ^ "SBI Sri Lanka's net operating income tops Rs. 1 b". Daily FT. Retrieved 6 March 2025.
  58. ^ "About SBI UK – SBI UK". sbiuk.statebank. Retrieved 29 March 2021.
  59. ^ "SBI merges with 5 associates: New entity set to enter world's top 50 banks list". 16 June 2016. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
  60. ^ "Who benefits from merger of SBI, associates?". 20 June 2016. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
  61. ^ Gupta, Deepali (11 May 2017). "SBI's merger could see the banking behemoth leapfrogging into the global top 50". The Economic Times. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
  62. ^ "SBI to merge its Nigerian arm with Nal Bank". Business Standard. Retrieved 6 March 2025.
  63. ^ "State Bank of India Acquired 76% Shareholding in Giro Commercial Bank in 2005". Accessmylibrary.com. 8 October 2005. Archived from the original on 23 October 2012. Retrieved 21 December 2010.
  64. ^ Richardson, Paul (7 September 2015). "I&M Holdings of Kenya Agrees to Acquire Giro Commercial Bank". Bloomberg. Retrieved 6 March 2025.
  65. ^ "Surrender Of A License To Transact Banking Business" (PDF). Bank of Botswana. 1 April 2021. Retrieved 22 August 2021.
  66. ^ "Subsidiaries/Joint Ventures - SBI". sbi.co.in. 24 November 2023. Retrieved 31 August 2024.
  67. ^ "About Us - SBI MF". sbimf.com. Retrieved 31 August 2024.
  68. ^ "Quarter ending Dec 2023- State Bank of India". sbi.co.in. Retrieved 21 February 2024.
  69. ^ "Stake in PSBs: LIC holding drops as stress mounts". The Indian Express. 15 February 2016. Archived from the original on 4 June 2017. Retrieved 28 March 2017.
  70. ^ "State Bank of India". BSEindia.com. Archived from the original on 2 November 2013. Retrieved 11 October 2013.
  71. ^ "Scripwise Weightages in S&P BSE SENSEX". BSE India. Archived from the original on 1 December 2015. Retrieved 11 October 2013.
  72. ^ "State Bank of India". NSE India. Archived from the original on 2 December 2013. Retrieved 11 October 2013.
  73. ^ "Download List of CNX Nifty stocks (.csv)". NSE India. Archived from the original on 13 October 2013. Retrieved 11 October 2013.
  74. ^ "SBID State Bank of India GDR (Each Rep 2 SHS INR10)". London Stock Exchange. 11 October 1996. Archived from the original on 17 September 2013. Retrieved 11 October 2013.
  75. ^ "Annual Report 2023-24 of State Bank of India" (PDF). Archived from the original on 18 July 2019. Retrieved 9 May 2024.
  76. ^ "From banyan tree to keyhole: NID designed the new iconic logo for SBI". www.thehindubusinessline.com. 17 June 2016. Retrieved 9 June 2022.
  77. ^ Ola, Deepak Singh (23 July 2023). "State Bank of India (SBI) Logo". The Branvetica. Retrieved 12 September 2024.
  78. ^ Balakrishnan, Ravi (5 April 2017). "Will SBI's new logo make it cool?". The Economic Times. Retrieved 12 September 2024.
  79. ^ "SBI bank logo was inspired by Kankaria lake". DeshGujarat. 19 February 2014. Retrieved 3 August 2020.
  80. ^ "SBI Invests Rs. 316.76 Cr in CSR Initiatives for FY2023, Transforming Lives Across India I India CSR". 9 June 2023. Retrieved 21 February 2024.
  81. ^ Thacker, Hency (25 May 2023). "State Bank of India CSR Report: Providing Service Beyond Banking". The CSR Journal. Retrieved 21 February 2024.

Further reading

edit
  • Mukerji, B (December 1961). "State Bank of India and Co-operative Institutions" (PDF). Indian Journal of Agricultural Economics. XVI (I). ISSN 0019-5014 – via AgEcon, Department of Applied Economics University of Minnesota.
  • Bagchi, Amiya (2007). The Evolution of the State Bank of India: The Roots 1806-1876. Vol. 1. New Delhi: Penguin India. p. 452. ISBN 978-0670999170.
  • Ray, Abhik; Chakraborty, A. K.; Das, Suman; Mathai, J.S. (2009). The Evolution of the State Bank of India: The Era from 1995 to 1980. Vol. 4. Penguin India. ISBN 9780670999064.
  • Chakrabarti, Rajesh (2012). "State Bank of India: The Opportunities and Challenges of Being a State-Owned Bank in India". The Political Economy of State-owned Enterprises in China and India. London: Palgrave Macmillan. pp. 247–272. doi:10.1057/9781137271655_11. ISBN 978-1-137-27165-5.
  • Dhir, Sanjay; Kumar, Sushil (17 April 2019). "State Bank of India". Cases in Strategic Management. Flexible Systems Management. Singapore: Springer. doi:10.1007/978-981-13-7064-9_14. ISBN 978-981-13-7064-9.
edit
 
Wikimedia Commons has media related to State Bank of India.
  • Official website  
  • Business data for State Bank of India:
    • Google
    • SEC filings
    • Yahoo!

By using this platform, you agree to the Terms of Use ©2020 Knowpia