State Bank of India Company Description
State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally.
The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments.
It offers personal banking products and services, including current accounts, savings accounts, salary accounts, and fixed and recurring deposits; home, personal, auto, education, and gold loans, as well as loans against insurance policies, property, and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; digital lending; and mobile, internet, and digital banking services.
The company also provides corporate banking products and services comprising 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 Indian firms’ overseas subsidiaries or JVs, and cash management, as well as trade and service products.
In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking services; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services.
Further, the company provides life and general insurance; estate planning services; and merchant banking, advisory, securities broking, business & management consultancy, trusteeship service, factoring, payment solution, asset management, investment management, credit cards, and custody and fund accounting services.
The company was founded in 1806 and is headquartered in Mumbai, India.
Country | India |
Founded | 1806 |
Industry | Banks - Regional |
Sector | Financials |
Employees | 232,296 |
Contact Details
Address: State Bank Bhavan Mumbai, 400021 India | |
Phone | 91 22 2274 0841 |
Website | sbi.co.in |
Stock Details
Ticker Symbol | SBID |
Exchange | London Stock Exchange |
Fiscal Year | April - March |
Reporting Currency | INR |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Ashwini Kumar Tewari | MD of Corporate Banking(CAG and CCG) & Subsidiaries and Director |
Vinay M. Tonse | Managing Director of Retail Business and Operations and Director |
Kameshwar Rao Kodavanti | Chief Financial Officer |
Pravin Raghavendra | Deputy MD and Chief Operating Officer |
Amitava Chatterjee | Deputy Managing Director of Commercial Clients Groupp-II |
Suranjana Dutta | CGM and Head of Strategic Training Unit |
Mahesh Kumar Sharma | Deputy Managing Director of Transaction Banking and New Initiatives |
Ashok Kumar Sharma | DMD, CCO and CHIEF SUSTAINABILITY OFFICER |
Poludasu Kishore Kumar | Deputy Managing Director of Internal Audit |
Satish Rao Nagesh | Deputy Managing Director of (OSD) GITC Navi Mumbai |