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The South Indian Bank Limited (SIB) is a major private-sector bank headquartered at Thrissur in Kerala, India.As of 31 December 2024, the bank had a network of 955 banking outlets (954 branches and 1 service branch) and 1290 ATMs/CRMs (1159 ATMs and 131 CRMs) spanning 26 states and 4 union territories).
Rank Name of the Bank Year of Founding Year of Closing Fate Headquartered in References [1]; 1: The Madras Bank (1683) 1683: 1843: Merged with the Carnatic Bank, The British Bank of Madras (1795), and the Asiatic Bank to form the Bank of Madras in 1843
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.
Yono emerged from SBI's initial plan to make an "online marketplace" to attract millennials. [3] The initiative was named "Project Lotus". It was nurtured for initial four years by Rajnish Kumar as an MD and then as the Chairman of bank. [3]
SIB was founded in November 2008 by entrepreneur Dan Schneider just weeks after the financial crisis which led to the Great Recession.SIB grew steadily with estimated revenues of $2 million in 2010 and $6 million in 2011, while continuously hiring to keep pace with growth. [1]
SBI Life Insurance Company Limited [3] is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif.
Sinar Indonesia Baru (New Rays of Indonesia, also known by its abbreviation SIB) is an Indonesian daily newspaper published in Medan, North Sumatra.The newspaper was founded on 9 May 1970 by GM Panggabean, a former contributor at Waspada; [1] [2] it claims itself as the only newspaper founded by a Bataknese. [3]