State Bank of India
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Rana Ashutosh Kumar Singh
- Full Time Employees
- 245,131
- Sector
- Finance
- Industry
- Regional banks
- Address
- State Bank Bhavan, Corporate Centre Mumbai MH India 400021
- IPO Date
- Nov 3, 1994
- Website
- sbi.co.in
- Similar Companies
- Business
- State Bank of India (SBI), India's largest public sector bank and a Fortune 500 company, provides a comprehensive range of banking and financial services to individuals, commercial enterprises, corporates, public bodies, and institutional customers through its Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. It offers personal banking products including current, savings, salary, and deposit accounts; home, personal, pension, auto, education, gold, insurance policy, property, and securities loans; debit, business debit, prepaid, and green remit cards; overdrafts; mutual funds; insurance; equity trading; portfolio investment schemes; remittance services; digital lending; and mobile, internet, and digital banking services. Corporate banking encompasses corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing for overseas subsidiaries or joint ventures, cash management, and trade services; additional offerings include NRI services, agricultural banking, international banking, life and general insurance, estate planning, merchant banking and advisory, securities broking, trusteeship, factoring, payment solutions, asset management, portfolio and investment management, credit cards, and custody and fund accounting. Founded in 1955 through nationalization of the Imperial Bank of India with origins tracing to 1806, SBI is headquartered in Mumbai and operates over 22,500 branches, 63,580 ATMs/ADWMs, and 82,900 BC outlets across India, with 241 offices in 29 foreign countries. Key subsidiaries and joint ventures include SBI Life Insurance, SBI General Insurance, SBI Cards and Payment Services, SBI Funds Management, SBI Capital Markets, SBICAP Securities, SBI Ventures, SBICAP Trustee, SBI SG Global Securities Services, SBI DFHI, SBI Payment Services, SBI Factors, SBIPension Funds, State Bank Operations Support Services, and SBI Foundation; foreign subsidiaries encompass SBI Canada Bank, State Bank of India (California), SBI (Mauritius), State Bank of India (UK), Nepal SBI Bank, PT Bank SBI Indonesia, Commercial Indo Bank (Russia), and a stake in Bank of Bhutan. Recent developments include partnerships with Luminous Power Technologies in March 2025 to expand solar financing, Flywire in January 2025 for digital disbursement of overseas education loans in rupees, and BANKIT in December 2024 to launch the PERC corporate prepaid card platform; the bank plans to open approximately 400-600 new branches in fiscal 2024-25, primarily in rural areas and for wealth management, and contemplates innovative deposit products like recurring deposit-SIP combos. In May 2025, SBI announced plans to raise 250 billion rupees ($3 billion) through a share sale, its first equity raise in seven years, while expressing openness to collaborations with foreign banks for acquisition financing pending RBI approval; SBI Ventures became a direct wholly owned subsidiary in February 2024, managing AIFs with INR 17,000 crores committed capital focused on stressed assets and MSMEs.
Company News
State Bank of India (OTCMKTS:SBKFF) Shares Down 4.8% – Here’s Why
State Bank of India (SBKFF) Q1 2027 Earnings Call Transcript
State Bank of India (SBKFF) Q4 2026 Earnings Call Transcript
State Bank of India (OTCMKTS:SBKFF) Short Interest Update
State Bank of India (OTCMKTS:SBKFF) Short Interest Up 125.0% in January
State Bank of India (SBKFF) Q3 2026 Earnings Call Transcript
Indian Banks Prep For New Provisioning Norms With Strong Asset Quality, Capital
State Bank of India (OTCMKTS:SBKFF) Short Interest Update
State Bank of India (OTCMKTS:SBKFF) Short Interest Update
State Bank of India (SBKFF) Q2 2026 Earnings Call Transcript
State Bank of India Tech Ecosystem Profile 2024 - Digital Transformation Strategies and Innovation Programs
SBI share price analysis: Is the State Bank of India a good buy?
State Bank of India's profit jumps 74% to record high
India ETFs Hit 19-Month High on Double-Digit GDP Growth
State Bank Of India Invests In SMB Payments Firm Cashfree