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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 ]
State Bank of Hyderabad (SBH) was a regional bank India, with its headquarters at Gunfoundry, Abids, Hyderabad, Telangana. Founded by the 7th Nizam of Hyderabad State , Mir Osman Ali Khan , it is now one of the five associate banks of State Bank of India (SBI) and was one of the nationalised banks in India .
November - SBI Sumishin Net Bank, Ltd. commenced business; 2011 April 14 - Hong Kong Stock Exchange listed on the ( SEHK : 6488 ) On April 27, 2011, SBI Securities, a unit of SBI Holdings, agreed to acquire a 25 percent stake in PT BNI Securities, a subsidiary company of Bank Negara Indonesia for Rp.114 billion ($16.70 million). [8]
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.
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.
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The shareholders of the Bank are Govt. of India (50%), State Bank of India (35%) and Govt. of Jharkhand (15%). The Bank is operating in all 24 districts of Jharkhand State with its Head Office at Ranchi (capital of Jharkhand State ). It has eight Regional Offices functioning at Ranchi, Singhbhum, Gumla, Palamau, Hazaribagh, Giridih, Deoghar ...
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