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SBI Group is a public company that provides financial services in various categories, such as securities, banking, insurance and biotechnology. It was founded in 1999 as a part of Softbank group, but became independent in 2006 and has formed an Internet-based financial conglomerate.
State Bank of India (SBI) is the largest public sector bank and the oldest commercial bank in India. It was formed by the merger of Imperial Bank of India and five other banks in 1955, and has a global presence with 229 branches in 31 countries.
NIFTY Next 50 is a stock market index of 50 large cap companies on the National Stock Exchange of India. It represents about 10% of the free float market capitalization of the stocks listed on NSE and is rebalanced semi-annually.
SBI Card is a joint venture of State Bank of India and The Carlyle Group, offering credit cards and payment services in India since 1998. It is the only publicly listed pure-play credit card issuer in India and has its headquarters in Gurugram.
SBI Capital Markets (SBICAPS) is a subsidiary of State Bank of India that offers investment banking and corporate advisory services. It is ranked among the top players in various league tables for project finance, loans, debt issuances and M&A deals in India and Asia Pacific.
NIFTY 50 is a benchmark index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. The all-time high of NIFTY 50 is 24,836.10, reached on 29 July 2024.
The current chairman of the State Bank of India is Challa Sreenivasulu Setty since 28 August 2024. The web page provides the names, terms, backgrounds and other offices held by the 27 chairpersons of the bank since its formation in 1955.
Jio Payments Bank is an Indian payments bank owned by Jio Financial Services and State Bank of India. It started operating in 2018 and offers banking, payment and digital wallet services.