SMARTNET

The State Bank of India (SBI) is a multinational, public sector banking and financial services statutory body headquartered in Mumbai, India. As India's largest commercial bank, it controls roughly a 2.6 trillion economy with a 23% market share by assets and a 25% share of total loans and deposits. [1, 2, 3]

Overview

• Legacy & Heritage: Tracing its ancestry back to the Bank of Calcutta founded in 1806, SBI is the oldest commercial bank in the Indian subcontinent and carries a legacy of over 200 years. [1, 2]
• Network: SBI operates an extensive domestic network of over 23,200 branches and 63,500 ATMs, while also maintaining a global presence with offices across all time zones. [1, 2]
• Customer Base: It serves over 500 million customers across the globe. [1]

Business Verticals

SBI provides a comprehensive suite of financial services across several specialized segments: [1, 2]

• Personal & Rural Banking: Financial solutions spanning home loans, wealth management, micro-credits, and agricultural services. [1]
• Corporate & SME Banking: Provides financing solutions for small and medium enterprises, commercial enterprises, and large corporate houses. [1, 2, 3, 4, 5]
• Government & International Banking: Leads government e-governance initiatives and represents India through international banking operations and