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The ownership structure of the bank is diverse, with both institutional and retail shareholders holding significant stakes. The State Bank of India (SBI), the largest scheduled commercial bank in India, is the largest shareholder, holding 23.99% of the shares.
SBI Life is listed on BSE And NSE (Stock Exchanges in India) and is a leading Life Insurance company in India. [6] SBI Life started as a joint venture with BNP Cardif S.A,which is the life and property & casualty insurance arm of BNP Paribas, one of the strongest banks in the world, in 2001. [6]
The SBI Library has around 5000 rare books and journals relevant to Indian economic history. The diverse collection includes past banking acts, laws, regulations, reports and commentaries which not only reflect the commercial ambitions of the English East India Company but also highlight the origins and economic trajectory of the State Bank of India.
Arun Kumar Purwar, also known as A. K. Purwar, became the Chairman of State Bank of India in 2002, during his tenure from 1968 to 2006. [1]With a master's degree in commerce from Allahabad University, he was previously a lecturer in their Business Administration Department.
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The Yono-class submarine (occasionally confused with Yugo-class) is a class of North Korean miniature submarines, produced for domestic use as well as for export. Also referred to as the Yeono class , [ 3 ] these submarines displace 130 tons, significantly less than North Korea's larger 1,800-ton Romeo-class submarines. [ 4 ]
This list of banks that have merged to form the State Bank of India includes financial institutions that were at one point or the other merged with the State Bank of India or any of its subsidiaries. This list includes the banks which have been subsidiaries or associates of the State Bank of India.
The Bank of Bombay was the second oldest bank in India after The Madras Bank (1683).It was started in 1720, and lasted until 1770. The bank is one of the three oldest Banks in India, along with The Madras Bank (1683) and the Bank of Hindostan.