State Bank of India

Local nameState Bank of India
LocationBangalore, India

The State Bank of India is an Indian multinational, public sector banking and financial services statutory body. It is a government corporation statutory body headquartered in Mumbai, Maharashtra. SBI is ranked as 236th in the Fortune Global 500 list of the world's biggest corporations of 2019. It is the largest bank in India with a 23% market share in assets, besides a share of one-fourth of the total loan and deposits market.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 in 1955. The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India taking a 60% stake, renaming it the State Bank of India.

Tags ATMBank
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More information and contact

Wikipedia https://en.wikipedia.org/wiki/State_Bank_of_India

Official Website http://sbi.co.in/

Phone 080 2594 3190

Coordinates 13°3'58.1" N 77°35'54.228" E

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