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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 company stated in its 2020 annual report that it would pursue business growth by actively promoting the Open Alliance initiative. This involves developing win-win relationships with companies that have advanced technologies in areas such as fintech, AI, blockchain, and quantum computing, along with companies in different industries.
The State Bank of India or SBI is an Indian multinational, public sector banking and financial services statutory body, headquartered in Mumbai. SBI is ranked as 216th in the Fortune Global 500 list of the world's biggest corporations of 2018.
The SBI group consists of SBI and its numerous Subsidiaries. The group has an extensive network, with over 22,405 branches in India and another 235 offices in 29 countries across the world. As of 31 March 2023, the group had assets worth US$790 billion, deposits of US$532.18 billion and capital & reserves in excess of US$39.41 billion.
The State Bank of India (SBI), the largest scheduled commercial bank in India, is the largest shareholder in Yes Bank, holding 23.99% of the shares. [36] Yes Bank has also received investments from international private equity firms, namely Advent International and The Carlyle Group. [37] [38] Largest shareholders
During the Budget 2022–23, reports emerged that New Tax Regime was getting poor response [3] and Government is considering to make it more attractive among the taxpayers. [ 4 ] The latest changes were presented in the Union Budget 2023-24 which brought five significant changes in the earlier existing (FY 2022–23) income tax policy.
The preliminary autopsy ruled the deaths were murder-suicide, an SBI release stated. 2022 There were at least four murder-suicides in 2022, with three of the four reported by authorities.
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.