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State Bank of India. 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 ...
In India, the State Bank of India is an Indian multinational public sector bank and financial services statutory body. [5] It is a defined type of bank in India known as a public sector bank, and the largest bank in India. [6] It was founded as a private commercial bank, then nationalised by the Government of India, and the product of several ...
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.
State bank (United States) In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [1][2]
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SBI Life Insurance Company. SBI Life Insurance Company Limited[3] is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake.
After formation of Telangana in 2014, SBH was the lead bank of the newly created state. The State Bank of Hyderabad was merged with State Bank of India on 1 April 2017. SBH had over 2,000 branches and about 18,000 employees. The bank's business had crossed Rs. 2.4 trillion as on 31.12.2015 with a net profit of Rs. 8.12 billion.
Merged with the Madras Bank, The Carnatic Bank, and the British Bank of Madras to form the Bank of Madras in 1843. Madras Presidency. [2][3][4][5] 5. Bank of Calcutta. 1806. 1921. merged with the Bank of Bombay and Bank of Madras in 1921 to form the Imperial Bank of India. Calcutta.