State Bank of India

Indian public sector bank

".sbi" redirects here. For other uses, see SBI (disambiguation).

State Bank of India

State Bank Bhavan, Nariman Point, Mumbai

Company type| Public

Traded as

* NSE: SBIN
* BSE: 500112
* LSE: SBID
* BSE SENSEX Constituent
* NSE NIFTY 50 Constituent

ISIN| INE062A01020
Industry| Banking, financial services
Predecessor|

Imperial Bank of India
(1921 – 1955)

Bank of Calcutta
(1806 – 1921)
Bank of Bombay
(1840 – 1921)
Bank of Madras
(1843 – 1921)

Founded| 1 July 1955; 69 years ago (1955-07-01)
State Bank of India

* * *

* 27 January 1921 (1921-01-27)
Imperial Bank of India

2 June 1806 (1806-06-02)
Bank of Calcutta
15 April 1840 (1840-04-15)
Bank of Bombay
1 July 1843 (1843-07-01)
Bank of Madras

Headquarters| State Bank Bhawan, M.C. Road, Nariman Point, Mumbai, Maharashtra, India

Number of locations

| India:
22,219 Branches
62,617 ATMs
International:
229 Branches in 31 countries

Area served

| Worldwide

Key people

* Challa Sreenivasulu Setty  (Chairman)[1]
* Kameshwar Rao Kodavanti (CFO)[2]

Products|

* Retail banking
* Corporate banking
* Investment banking
* Mortgage loans
* Private banking
* Wealth management
* Risk management
* Asset management
* Investment management
* Mutual funds
* Exchange-traded funds
* Index funds
* Credit cards
* Insurance

Revenue|  ₹4.39 lakh crore (US$53 billion)[3] (2024)

Operating income

|  ₹93,582.84 crore (US$11 billion)[3] (2023)

Net income

|  ₹69,543.20 crore (US$8.3 billion)[3] (2024)
Total assets|  ₹63.17 lakh crore (US$760 billion)[3] (2024)
Total equity|  ₹4.29 lakh crore (US$51 billion)[3] (2024)
Members| 48 crores+ [4]

Number of employees

| 2,32,296 (31 March 2024)[5]
Parent| Ministry of Finance
(Government of India (57.5%))
Subsidiaries|

* SBI Life Insurance Ltd
* SBI Mutual Fund (63%)
* SBI Cards and Payment Services Ltd
* SBI General Insurance (70%)
* Jio Payments Bank (23%)
* Yes Bank (30%)
* Andhra Pradesh Grameena Vikas Bank (35%)
* Kaveri Grameena Bank (35%)
* Uttarakhand Gramin Bank (35%)

Capital ratio| Tier 1 11.03% (2022)[6]
Rating|

* S&P BBB− / A-3/ Stable[7]
* Moody's Baa3/ P-3/ Stable[7]
* Fitch BBB− / F-3/ Stable[7]

Website| sbi.co.in

bank.sbi

onlinesbi.sbi
Footnotes / references
[3][8][9][10]

State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 47th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list.[11] It is a public sector bank and the largest bank in India[12] with a 23% market share by assets and a 25% share of the total loan and deposits market.[13] It is also the tenth largest employer in India with nearly 250,000 employees.[14][15][16] In 2023, the company’s seat in Forbes Global 2000 was 77.[17]

On 14 September 2022, State Bank of India became the third lender (after HDFC Bank and ICICI Bank) and the seventh Indian company to cross the ₹5 trillion market capitalization on the Indian stock exchanges for the first time.[18] The largest public lender in the country reached a milestone in April 2024, when its market capitalization surpassed ₹7 trillion, making it the second public sector undertaking (PSU) to do so, after Life Insurance Corporation of India.[19] The Reserve Bank of India (RBI) has identified SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), which are often referred to as banks that are “too big to fail”.[20][21]

The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged into the other two presidency banks in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India on July 1, 1955.[22] Overall the bank has been formed from the merger and acquisition of more than twenty banks over the course of its 200-year history.[23][24] The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India's central bank) taking a 60% stake, renaming it State Bank of India.

On 16 August 2022, in an attempt to facilitate and support India's start-ups, SBI announced the launch of its first "state-of-the-art" dedicated branch for start-ups in Bengaluru.[25]

## History

[edit]

Stamp dedicated to the State Bank of India in 2005 Share of the Bank of Bengal, issued 13 May 1876 Seal of Imperial Bank of India

The roots of the State Bank of India lie in the first decade of the 19th century when the Bank of Calcutta (later renamed the Bank of Bengal) was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras (incorporated on 1 July 1843). All three Presidency banks were incorporated as joint stock companies and were the result of royal charters. These three banks received the exclusive right to issue paper currency till 1861 when, with the Paper Currency Act, the right was taken over by the Government of India. The Presidency banks amalgamated on 27 January 1921, and the re-organised banking entity took as its name Imperial Bank of India. The Imperial Bank of India remained a joint-stock company but without Government participation.

Under the provisions of the State Bank of India Act of 1955, the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India. In 2008, the Government of India acquired the Reserve Bank of India's stake in SBI to remove any conflict of interest because the RBI is the country's banking regulatory authority.

In 1959, the government passed the State Bank of India (Subsidiary Banks) Act. This made eight banks that had belonged to princely states into subsidiaries of SBI. This was at the time of the First Five-Year Plan, which prioritised the development of rural India. The government integrated these banks into the State Bank of India system to expand its rural outreach. In 1963 SBI merged the State Bank of Jaipur (est. 1943) and State Bank of Bikaner (est.1944).

SBI has acquired local banks in rescues. The first was the Bank of Bihar (est. 1911), which SBI acquired in 1969, together with its 28 branches. The next year SBI acquired the National Bank of Lahore (est. 1942), which had 24 branches. Five years later, in 1975, SBI acquired Krishnaram Baldeo Bank, which had been established in 1916 in Gwalior State, under the patronage of Maharaja Madho Rao Scindia. The bank had been the Dukan Pichadi, a small moneylender, owned by the Maharaja. The new bank's first manager was Jall N. Broacha. In 1985, SBI acquired the Bank of Cochin in Kerala, which had 120 branches. SBI was the acquirer as its affiliate, the State Bank of Travancore, already had an extensive network in Kerala.

State Bank of India logo was designed by NID in 1971

National Institute of Design, Ahmedabad designed the SBI logo in 1971.[26]

There was, even before it happened, a proposal to merge all the associate banks into SBI to create a single very large bank and streamline operations.[27]

The first step towards unification occurred on 13 August 2008 when State Bank of Saurashtra merged with SBI, reducing the number of associate state banks from seven to six. On 19 June 2009, the SBI board approved the absorption of State Bank of Indore, in which SBI held 98.3%. (Individuals who held the shares before their takeover by the government held the balance of 1.7%.)[28]

The acquisition of State Bank of Indore added 470 branches to SBI's existing network of branches. Also, following the acquisition, SBI's total assets approached ₹10 lakh crore. The total assets of SBI and the State Bank of Indore were ₹9.98 lakh crore as of March 2009. The process of merging of State Bank of Indore was completed by April 2010, and the SBIndore branches started functioning as SBI branches on 26 August 2010.[29]

On 7 October 2013, Arundhati Bhattacharya became the first woman to be appointed chairperson of the bank.[30] Mrs. Bhattacharya received an extension of two years of service to merge into SBI the five remaining associate banks.

In February 2024, State Bank of India began a partnership with Flywire Corporation to make student fees and compliance with the Reserve Bank of India’s Liberalised Remittance Scheme (LRS) more transparent.[31]

## Administrative Offices and Branches

[edit]

SBI provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). Concerning domestic banking business, SBI has 17 regional hubs known as local head offices (LHOs), under whom are 57 administrative offices (AOs), that are located in important cities throughout India, under whom are furthermore administrative sub-offices known as regional business offices (RBOs), with each RBO having, under its direct administrative control, some 40 to 50 branches.

### Domestic

[edit]

Samriddhi Bhavan, Kolkata

As per SBI Official website data, SBI has 22,405 branches in India.[32][33] In the financial year 2012–13, its revenue was ₹2.005 trillion (US$24 billion), 95.35% of which came from domestic operations. Similarly, domestic operations contributed to 88.37% of total profits for the same financial year.[32]

Under the Pradhan Mantri Jan Dhan Yojana of financial inclusion launched by Government in August 2014, SBI held 11,300 camps and opened over 30 lakh (3 million) accounts by September, which included 21 lakh (2.1 million) accounts in rural areas and 15.7 lakh (1.57 million) accounts in urban areas.[34]

### International

[edit]

As of 2014–15, the bank had 191 overseas offices spread over 36 countries having the largest presence in foreign markets among Indian banks.[35]

* SBI Australia[36]
* SBI Bangladesh[37]
* SBI Bahrain[38]
* SBI Botswana The SBI Botswana subsidiary was registered on 27 January 2006 and was issued a banking licence by the Bank of Botswana on 29 July 2013. The subsidiary handed over its banking licence and closed its operations in the country.[39]
* SBI Canada Bank[40] was incorporated in 1982 as a subsidiary of the State Bank of India. SBI Canada Bank is a Schedule II Canadian Bank listed under the Bank Act and is a member of the Canada Deposit Insurance Corporation.
* SBI China[41]
* SBI (Mauritius) Ltd SBI established an offshore bank in 1989, State Bank of India International (Mauritius) Ltd. This then amalgamated with The Indian Ocean International Bank (which had been doing retail banking in Mauritius since 1979) to form SBI (Mauritius) Ltd. Today, SBI (Mauritius) Ltd has 14 branches – 13 retail branches and 1 global business branch at Ebene in Mauritius.[42]
* Nepal SBI Bank Limited

Main article: Nepal SBI Bank Limited

In Nepal, SBI owns 55% of the share. (The state-owned Employees Provident Fund of Nepal owns 15% and the general public owns the remaining 30%.) Nepal SBI Bank Limited has branches throughout the country.

* SBI Sri Lanka[43] now has three branches located in Colombo, Kandy and Jaffna. The Jaffna branch was opened on 9 September 2013. SBI Sri Lanka is the oldest bank in Sri Lanka; it was founded in 1864.

In Nigeria, SBI operates as INMB Bank. This bank began in 1981 as the Indo–Nigerian Merchant Bank and received permission in 2002 to commence retail banking. It now has five branches in Nigeria.

In Moscow, SBI owns 60% of Commercial Bank of India, with Canara Bank owning the rest. In Indonesia, it owns 76% of PT Bank Indo Monex. State Bank of India already has a branch in Shanghai and plans to open one in Tianjin.[44]

In Kenya, State Bank of India owns 76% of Giro Commercial Bank, which it acquired for US$8 million in October 2005.[45]

SBI South Korea In January 2016, SBI opened its first branch in Seoul, South Korea.

SBI South Africa

SBI UK Ltd[46]

State Bank of India branch at Southall, United Kingdom

SBI USA In 1982, the bank established a subsidiary, State Bank of India, which now has ten branches—nine branches in the state of California and one in Washington, D.C. The 10th branch was opened in Fremont, California on 28 March 2011. The other eight branches in California are located in Los Angeles, Artesia, San Jose, Canoga Park, Fresno, San Diego, Tustin and Bakersfield.

### Former Associate Banks

[edit]

Main Branch of SBI in Mumbai

SBI acquired the control of seven banks in 1960. They were the seven regional banks of former Indian princely states. They were renamed, prefixing them with 'State Bank of'. These seven banks were State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Indore (SBN), State Bank of Mysore (SBM), State Bank of Patiala (SBP), State Bank of Saurashtra (SBS) and State Bank of Travancore (SBT). All these banks were given the same logo as the parent bank, SBI. State Bank of India and all its associate banks used the same blue Keyhole logo said to have been inspired by Ahmedabad's Kankaria Lake.[47] The State Bank of India wordmark usually had one standard typeface, but also utilised other typefaces. The wordmark now has the keyhole logo followed by "SBI".

The plans for making SBI a single very large bank by merging the associate banks started in 2008, and in September of the same year, SBS merged with SBI. The very next year, the State Bank of Indore (SBN) also merged.

Following a merger process,[48][49] the merger of the 5 remaining associate banks, (viz. State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore); and the Bharatiya Mahila Bank) with the SBI was given an in-principle approval by the Union Cabinet on 15 June 2016.[50] This came a month after the SBI board had, on 17 May 2016, cleared a proposal to merge its five associate banks and Bharatiya Mahila Bank with itself.[51]

On 15 February 2017, the Union Cabinet approved the merger of five associate banks with SBI.[52] An analyst foresaw an initial negative impact as a result of different pension liability provisions and accounting policies for bad loans.[53][54] The merger went into effect from 1 April 2017.[55]

State Bank of India Mumbai LHO

### Non-banking subsidiaries

[edit]

Apart from five of its associate banks (merged with SBI on 1 April 2017), SBI's non-banking subsidiaries include:

* SBI Capital Markets Ltd
* SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
* SBI Life Insurance Company Limited
* SBI Mutual Fund

In March 2001, SBI (with 74% of the total capital), joined with BNP Paribas (with 26% of the remaining capital), to form a joint venture life insurance company named SBI Life Insurance Company Ltd.

### Other SBI service points

[edit]

As of July 2023, the SBI group had 65,627 ATMs.[56] Since November 2017, SBI also offers an integrated digital banking platform named YONO.

### Yes Bank Investment

[edit]

In March 2020, as part of an RBI-directed rescue deal, the State Bank of India acquired 48.2% of the shares of Yes Bank.[57] As of 8 February 2024, the shareholding has decreased to 26.13%.[58]

## Listings and shareholding

[edit]

As of December 2023,[59] the Government of India held around 57.49% equity shares in SBI. The Life Insurance Corporation of India, itself state-owned, is the largest non-promoter shareholder in the company with 9.02% shareholding.[60]

Shareholders | Shareholding

|

Promoters: Government of India | 57.49%
FIIs/GDRs/OCBs/NRIs | 10.36%
Banks & Insurance Companies | 9.02%
Mutual Funds & UTI | 11.75%
Others | 11.38%
Total | 100.0%

The equity shares of SBI are listed on the Bombay Stock Exchange,[61] where it is a constituent of the BSE SENSEX index,[62] and the National Stock Exchange of India,[63] where it is a constituent of the CNX Nifty.[64] Its Global Depository Receipts (GDRs) are listed on the London Stock Exchange.[65]

## Employees

[edit]

State Bank Institute of Credit and Risk Management, Gurugram

Main article: List of chairmen of the State Bank of India

SBI is one of the largest employers in the world with 245,652 employees as of 31 March 2021. Out of the total workforce, the representation of women employees is nearly 26%. The percentage of Officers, Associates, and Subordinate staff was 44.28%, 41.03%, and 14.69% respectively on the same date. Each employee contributed a net profit of ₹828,350 (US$9,900) during FY 2020–21.[59]

## Philanthropic Arm

[edit]

State Bank of India maintains a philanthropic arm in the name of SBI Foundation which is involved to support development initiatives in India and also with initiatives that comply under the Ministry of Corporate Affairs under Corporate Social Responsibility. [66][67]

## Gallery

[edit]

State Bank of India branches and ATMs

* SBI FL Gomes Road Branch, Vasco da Gama, Goa

* SBI Mysore Branch, Mysore, Karnataka

* SBI Siddipet Branch Siddipet, Telangana

* SBI Rura Branch, Rura, Uttar Pradesh

* SBI Hudkeshwar Branch, Nagpur, Maharastra

more images can be found on wiki commons.

## See also

[edit]

* Banks portal

* List of banks in India
* List of largest banks
* List of companies of India
* List of largest companies by revenue
* List of public corporations by market capitalisation
* List of Chairmen of the State Bank of India
* Make in India
* Forbes Global 2000
* Fortune India 500
* Grit, Guts and Gumption

## References

[edit]

1. ^ "govt-appoints-dinesh-kumar-khara-as-sbi-chairman-for-3-years". livemint. 6 October 2020. Retrieved 7 October 2020.
2. ^ "SBI appoints Kameshwar Rao Kodavanti as CFO". The Economic Times. July 2023.
3. ^ a b c d e f "Annual Report 2022-23 of State Bank of India" (PDF). Archived from the original on 18 July 2019. Retrieved 18 July 2022.
4. ^ "SBI customer base".
5. ^ Ghosh, Shayan (14 May 2024). "SBI Reduced it's Headcount by 25,000 in five years". Retrieved 15 May 2024.
6. ^ "PILLAR 3 DISCLOSURES (CONSOLIDATED) AS ON 31.12.2022". bank.sbi.
7. ^ a b c "Bank Ratings - Investor Relations".
8. ^ "State Bank of India Consolidated Yearly Results, State Bank of India Financial Statement & Accounts". moneycontrol.com. Archived from the original on 2 July 2017. Retrieved 26 June 2017.
9. ^ "State Bank of India Yearly Results, State Bank of India Financial Statement & Accounts". moneycontrol.com. Archived from the original on 20 July 2017. Retrieved 26 June 2017.
10. ^ "From Imperial Bank to State Bank" (PDF). Archived (PDF) from the original on 30 October 2013. Retrieved 28 June 2017.
11. ^ "Fortune Global 50 list". Retrieved 16 January 2021.
12. ^ "SBI joins Rs 7-trillion market cap club; stock surges 26% in three months". 14 September 2022.
13. ^ "Away from the public gaze, State Bank of India is preparing to unleash a revolution". Archived from the original on 22 May 2018. Retrieved 22 May 2018.
14. ^ "These Are the Biggest Employers in India". 15 December 2016.
15. ^ "India's eight biggest employers".
16. ^ "Top Companies in India: Top Companies in India by Employee Cost, Top BSE Companies by Employee Cost, Top BSE Companies".
17. ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.
18. ^ "SBI becomes third Indian lender to surpass Rs 7 trillion market cap". Moneycontrol. 14 September 2022.
19. ^ "SBI MCap Tops ₹6 Lakh Cr".
20. ^ "Reserve Bank of India - Publications".
21. ^ "Reserve Bank of India - Press Releases".
22. ^ Rajesh (2009). Banking Theory Law N Practice. Tata McGraw-Hill Education. p. 8\. ISBN 978-0-07-009123-8. Retrieved 4 November 2014.
23. ^ "From Imperial Bank to State Bank" (PDF). rbidocs.rbi.org.in. Retrieved 11 September 2023.
24. ^ "The State Bank Of India (Subsidiary Banks) Act, 1959". Indian Kanoon. Retrieved 11 September 2023.
25. ^ Livemint (16 August 2022). "Bengaluru: SBI launches its first dedicated branch for start-ups. Details here". mint. Retrieved 18 August 2022.
26. ^ "From banyan tree to keyhole: NID designed the new iconic logo for SBI". www.thehindubusinessline.com. 17 June 2016. Retrieved 9 June 2022.
27. ^ "Indian Banks' Association". Iba.org.in. 23 April 2005. Archived from the original on 21 July 2011. Retrieved 21 December 2010.
28. ^ "Approvals for State Bank of Indore merger by July: SBI". Business Standard. 21 June 2010. Archived from the original on 8 July 2011. Retrieved 28 June 2010.
29. ^ "State Bank of Indore branches to become SBI units from Aug 26 : SBI". The Economic Times. 26 August 2010. Archived from the original on 8 October 2016. Retrieved 26 August 2010.
30. ^ "Arundhati Bhattacharya, the first woman to head SBI". The Hindu. 7 October 2013. Archived from the original on 3 December 2013. Retrieved 8 October 2013.
31. ^ "SBI ties up with Flywire to make payments easier for foreign students". CNBC. 7 February 2024. Archived from the original on 28 February 2024. Retrieved 27 February 2024.
32. ^ a b "Fortune 'Global 500' 2016:State Bank of India". CNN. Archived from the original on 25 September 2016. Retrieved 10 October 2016.
33. ^ "SBI Reports a 35 Percent Decline in Net Profit for Q3 2024". 3 February 2024. Retrieved 3 February 2024.
34. ^ "SBI takes lead in opening bank accounts under Jan Dhan Yojana". The Economic Times. 11 September 2014. Archived from the original on 21 September 2014. Retrieved 30 September 2014.
35. ^ "SBI Annual Report 2014–15". State Bank of India. Archived from the original on 26 November 2015. Retrieved 14 January 2016.
36. ^ "About SBI Australia – SBI – Australia". aus.statebank. Retrieved 29 March 2021.
37. ^ "About SBI Bangladesh – SBI – Bangladesh". bd.statebank. Retrieved 29 March 2021.
38. ^ "Home - SBI - Bahrain". bh.statebank. Retrieved 27 December 2021.
39. ^ "Surrender Of A License To Transact Banking Business" (PDF). Bank of Botswana. 1 April 2021. Retrieved 22 August 2021.
40. ^ "About SBI Canada – SBI Canada Bank". ca.statebank. Retrieved 29 March 2021.
41. ^ "About SBI China – SBI – China". cn.statebank. Retrieved 21 May 2021.
42. ^ Bank to Grow with Archived 2 May 2017 at the Wayback Machine. SBI Mauritius. Retrieved 26 December 2018.
43. ^ "About SBI Sri Lanka – SBI – Sri Lanka". sl.statebank. Retrieved 29 March 2021.
44. ^ "State Bank of India set to open second branch in China". The Hindu. Retrieved 1 June 2017.
45. ^ "State Bank of India Acquired 76% Shareholding in Giro Commercial Bank in 2005". Accessmylibrary.com. 8 October 2005. Archived from the original on 23 October 2012. Retrieved 21 December 2010.
46. ^ "About SBI UK – SBI UK". sbiuk.statebank. Retrieved 29 March 2021.
47. ^ "SBI bank logo was inspired by Kankaria lake". DeshGujarat. 19 February 2014. Retrieved 3 August 2020.
48. ^ Iyer, Aparna (17 May 2016). "SBI merger: India may soon have a global Top 50 bank". Archived from the original on 30 June 2016. Retrieved 1 July 2016.
49. ^ Saha, Manojit (18 May 2016). "Five associate banks to merge with SBI". The Hindu. Archived from the original on 21 June 2016. Retrieved 1 July 2016.
50. ^ "SBI merges with 5 associates: New entity set to enter world's top 50 banks list". 16 June 2016. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
51. ^ "Cabinet okays merger of associates with SBI". @Businessline. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
52. ^ "Ahead of merger with SBI, associate SBT to raise up to Rs 600 crore". The Economic Times. 18 February 2017. Archived from the original on 19 February 2017. Retrieved 18 February 2017.
53. ^ "Who benefits from merger of SBI, associates?". 20 June 2016. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
54. ^ Gupta, Deepali (11 May 2017). "SBI's merger could see the banking behemoth leapfrogging into the global top 50". The Economic Times. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
55. ^ "Five associate banks, BMB merge with SBI". The Hindu. April 2017. Archived from the original on 1 April 2017. Retrieved 30 August 2019.
56. ^ "SBI network of ATM's".
57. ^ "SBI to buy YES Bank shares worth Rs 7,250 crore at Rs 10 a piece". economictimes.indiatimes.com. 14 March 2020. Retrieved 25 April 2024.
58. ^ "SBI jumps over 6% on YES Bank block deal buzz. Is PSU booking profit after recent surge". economictimes.indiatimes.com. 8 February 2024. Retrieved 25 April 2024.
59. ^ a b "Quarter ending Dec 2023- State Bank of India". sbi.co.in. Retrieved 21 February 2024.
60. ^ "Stake in PSBs: LIC holding drops as stress mounts". The Indian Express. 15 February 2016. Archived from the original on 4 June 2017. Retrieved 28 March 2017.
61. ^ "State Bank of India". BSEindia.com. Archived from the original on 2 November 2013. Retrieved 11 October 2013.
62. ^ "Scripwise Weightages in S&P BSE SENSEX". BSE India. Archived from the original on 1 December 2015. Retrieved 11 October 2013.
63. ^ "State Bank of India". NSE India. Archived from the original on 2 December 2013. Retrieved 11 October 2013.
64. ^ "Download List of CNX Nifty stocks (.csv)". NSE India. Archived from the original on 13 October 2013. Retrieved 11 October 2013.
65. ^ "SBID State Bank of India GDR (Each Rep 2 SHS INR10)". London Stock Exchange. 11 October 1996. Archived from the original on 17 September 2013. Retrieved 11 October 2013.
66. ^ "SBI Invests Rs. 316.76 Cr in CSR Initiatives for FY2023, Transforming Lives Across India I India CSR". 9 June 2023. Retrieved 21 February 2024.
67. ^ Thacker, Hency (25 May 2023). "State Bank of India CSR Report: Providing Service Beyond Banking". The CSR Journal. Retrieved 21 February 2024.

## External links

[edit]

Wikimedia Commons has media related to State Bank of India.

* Official website
* Business data for State Bank of India:

* Google
* SEC filings
* Yahoo!

* v
* t
* e

State Bank of India

Subsidiaries|

| India|

* SBI Card
* SBI General Insurance
* SBI Life Insurance Company
* SBI Capital Markets
* SBI Mutual Fund
* Yes Bank

|

International|

* PT Bank Indo Monex
* SBI Australia
* SBI Bangladesh
* SBI Baharain
* SBI Botswana
* SBI Canada Bank
* SBI China
* SBI (Mauritius) Limited
* Nepal SBI Bank Limited
* SBI Sri Lanka
* SBI South Korea
* SBI South Africa
* SBI UK Limited
* SBI USA

JVs|

* SBI Payments (76%) (JV with Hitachi Payments)

Predecessors|

* Imperial Bank of India (1921–1955)
* Bank of Calcutta (1806–1921)
* Bank of Bombay (1840–1921)
* Bank of Madras (1843–1921)

Major frauds|

* Rajkissore Dutt Case
* Nagarwala case

Mergers|

* State Bank of Bikaner & Jaipur (1963–2017)
* State Bank of Hyderabad (1941–2017)
* State Bank of Indore (1960–2010)
* State Bank of Mysore (1913–2017)
* State Bank of Patiala (1917–2017)
* State Bank of Saurashtra (1948–2008)
* State Bank of Travancore (1945–2017)
* Bharatiya Mahila Bank (2013–2017)

Investments|

* Jio Payments Bank (30%)
* Yes Bank (30%)
* Andhra Pradesh Grameena Vikas Bank (35%)
* Kaveri Grameena Bank (35%)

People|

| Chairperson|

* John Matthai (1955-1956)
* H. V. R. Iengar (1956-1957)
* P. C. Bhattacharya (1957-1968)
* Borra Venkatappaiah (1962-1965)
* V. T. Dehejia (1965-1969)
* Raj Kumar Talwar (1969-1976)
* T. R. Varadachary (1976-1977)
* P. C. D. Nambiar (1977-1982)
* V. S. Natarajan (1982-1983)
* R. P. Goyal (1983-1983)
* Vishwanath N. Nadkarni (1983-1984)
* D. N. Ghosh (1985-1989)
* Atal V. (1990-1990)
* M. N. Goiporia (1990-1992)
* Dipankar Basu (1993-1995)
* P. G. Kakodkar (1995-1997)
* M. S. Verma (1997-1998)
* M. P. Radhakrishnan (1998-1999)
* G. G. Vaidya (1999-2000)
* Janki Vallabh (2000-2002)
* Arun Kumar Purwar (2002-2006)
* O. P. Bhatt (2006-2011)
* Pratip Chaudhuri (2011-2013)
* Arundhati Bhattacharya (2013-2017)
* Rajnish Kumar (2017-2020)
* Dinesh Kumar Khara (2020–2024)
* Challa Sreenivasulu Setty (2024–present)

|

Current|

* Rama Mohan Rao Amara (SBI Cards)
* Prakash Chandra Kandpal (SBI General)
* Arun Mehta (SBICAPS)
* Mahesh Kumar Sharma (SBI Life)

CSR|

* SBI Foundation
* State Bank Archives and Museum

Mobile banking|

* YONO
* Yono Lite

Links to related articles

* v
* t
* e

Public sector undertakings in India (List)

Maharatna|

| Energy|

* Bharat Petroleum
* Coal India
* GAIL
* Hindustan Petroleum
* Indian Oil
* NTPC Limited
* ONGC
* Power Grid

|

Financial services|

* Power Finance Corporation
* REC

Other|

* BHEL
* SAIL

Navratna|

| Defence|

* Bharat Electronics
* Hindustan Aeronautics

|

Energy & metals|

* National Aluminium Company
* National Mineral Development Corporation
* Neyveli Lignite Corporation
* Oil India
* Rashtriya Ispat Nigam

EPC|

* Engineers India
* National Buildings Construction Corporation

Logistics|

* Container Corporation of India
* Shipping Corporation of India

Telecommunications|

* Mahanagar Telephone Nigam

Miniratna-I|

| Energy, metals
& mining|

* Bharat Coking Coal
* Balmer Lawrie
* Central Coalfields
* Central Mine Planning and Design Institute
* Chennai Petroleum Corporation
* Hindustan Copper
* Indian Renewable Energy Development Agency
* Indian Rare Earths
* Kudremukh Iron Ore Company
* Mahanadi Coalfields
* MOIL
* Mangalore Refinery and Petrochemical
* Mineral Exploration Corporation
* National Hydroelectric Power Corporation
* Northern Coalfields
* North Eastern Electric Power Corporation
* Numaligarh Refinery
* ONGC Videsh
* SJVN
* South Eastern Coalfields
* THDC
* Western Coalfields

|

Defence & space|

* Antrix Corporation
* Bharat Dynamics
* Bharat Earth Movers
* Cochin Shipyard
* Garden Reach Shipbuilders and Engineers
* Goa Shipyard
* Mazagon Dock
* Mishra Dhatu Nigam
* Pawan Hans

Media & telecom|

* Bharat Sanchar Nigam
* Hindustan Newsprint
* Hindustan Paper Corporation
* Railtel
* Telecommunications Consultants India

Logistics & transport|

* Airports Authority of India
* Central Warehousing Corporation

EPC & infrastructure|

* Bridge & Roof Company
* HUDCO
* Ircon International
* Kamarajar Port
* National Projects Construction Corporation
* Projects and Development India
* Rail Vikas Nigam
* RITES
* WAPCOS

Trading|

* Cotton Corporation of India
* India Trade Promotion Organisation
* Metals and Minerals Trading Corporation of India
* MSTC

Tourism & hospitality|

* HSCC (India)
* India Tourism Development Corporation
* IRCTC

Agriculture|

* National Fertilizers
* National Seed Corporation
* Rashtriya Chemicals & Fertilizers

Other|

* Educational Consultants India
* HLL Lifecare
* Indian Railway Finance Corporation
* National Small Industries Corporation
* Security Printing and Minting Corporation of India

Miniratna-II|

* Artificial Limbs Manufacturing Corporation of India
* Bharat Pumps & Compressorsl
* Broadcast Engineering Consultants India
* Central Railside Warehouse Company
* Engineering Projects (India) Limited
* FCI Aravali Gypsum and Minerals (India)
* Ferro Scrap Nigam
* HMT Limited
* Indian Medicines and Pharmaceuticals Corporation
* MECON
* National Film Development Corporation of India
* Rajasthan Electronics and Instruments

Finance|

| Banks|

* Bank of Baroda
* Bank of India
* Bank of Maharashtra
* Canara Bank
* Central Bank of India
* Indian Bank
* Indian Overseas Bank
* Punjab & Sind Bank
* Punjab National Bank
* State Bank of India
* UCO Bank
* Union Bank of India

|

Insurance|

| Agriculture|

* Agriculture Insurance Company of India

|

General|

* National Insurance Company
* New India Assurance
* Oriental Insurance
* United India Insurance Company

Life|

* Life Insurance Corporation of India

Health|

* Employees' State Insurance

Reinsurance|

* GIC Re

State govt.
enterprises|

* Kerala
* Tamil Nadu
* Jammu & Kashmir Bank

Other|

* Advanced Weapons and Equipment India
* Armoured Vehicles Nigam Limited
* BHAVINI
* Cement Corporation of India
* Dredging Corporation of India
* Electronics Corporation of India
* Food Corporation of India
* Gliders India Limited
* Hindustan Shipyard
* India Optel Limited
* Munitions India Limited
* Nuclear Power Corporation of India
* Troop Comforts Limited
* Uranium Corporation of India
* Yantra India Limited

l - liquidated
Information updated as of January, 2020 by Department of Public Enterprises • See also Public sector banks in India

* v
* t
* e

Banking in India

Institutes|

| Central bank|

* v
* t
* e

Reserve Bank of India

Regulation|

* Reserve Bank of India Act, 1934
* Monetary Policy Committee

People|

* Governor of the Reserve Bank of India
* Deputy governor of the Reserve Bank of India

Buildings|

* Reserve Bank of India Staff College
* RBI Monetary Museum

Subsidiaries|

* Bharatiya Reserve Bank Note Mudran
* Security Printing and Minting Corporation of India

Think tanks|

* BBB
* BCSBI
* NPCI
* IBA
* IDRBT

Speciality banks|

* IIBI
* IFCI
* All India Financial Institutions :
* Exim Bank of India
* NABARD
* NaBFID
* NHB
* SIDBI

Other|

* BIFR
* IBBI
* IBPS
* Deposit Insurance (DICGC)

Public-sector
banks|

* Bank of Baroda
* Bank of India
* Bank of Maharashtra
* Canara Bank
* Central Bank of India
* Indian Bank
* Indian Overseas Bank
* Jammu & Kashmir Bank
* Punjab & Sind Bank
* Punjab National Bank
* State Bank of India
* UCO Bank
* Union Bank of India

Private-sector
banks|

* Axis Bank
* Bandhan Bank
* CSB Bank
* City Union Bank
* DCB Bank
* Dhanlaxmi Bank
* Federal Bank
* HDFC Bank
* ICICI Bank
* IDBI Bank
* IDFC First Bank
* IndusInd Bank
* Karnataka Bank
* Karur Vysya Bank
* Kotak Mahindra Bank
* Nainital Bank
* RBL Bank
* South Indian Bank
* Tamilnad Mercantile Bank
* Yes Bank

Foreign banks|

* Abu Dhabi Commercial Bank
* ANZ
* Bank Maybank Indonesia
* Bank of America
* Bank of Bahrain and Kuwait
* Bank of Ceylon
* Barclays
* Credit Suisse
* CTBC Bank
* Deutsche Bank
* HSBC
* Maybank
* MUFJ
* Rabobank
* Scotiabank
* Standard Chartered

| Wholly owned subsidiary (WOS)|

* DBS Bank
* State Bank of Mauritius

|

Wound up/closed (or in process)|

* Antwerp Diamond Bank
* Citibank

Small finance banks|

* AU
* Fincare
* Capital
* ESAF
* Equitas
* Jana
* North East
* Suryoday
* Ujjivan
* Unity

Payments banks|

* Airtel
* Fino
* National Securities Depository
* India Post
* Jio
* Paytm

| Surrendered licencees
or Wound up|

* Aditya Birla
* Vodafone M-Pesa
* Tech Mahindra

|

Cooperative
banks|

* Abhyudaya Co-operative Bank.
* Buldana Urban Cooperative Credit Society
* Cosmos Bank
* Dombivli Nagari Sahakari Bank
* Kerala Bank
* Mizoram Co-operative Apex Bank
* Punjab and Maharashtra Co-operative Bank
* Repco Bank
* Saraswat Bank
* Shamrao Vithal Co-operative Bank
* TNSC Bank
* Thane Janata Sahakari Bank

Regional Rural
Banks|

* Assam Gramin Vikash Bank
* Bangiya Gramin Vikash Bank
* Karnataka Gramin Bank
* Mizoram Rural Bank
* Paschim Banga Gramin Bank
* Puduvai Bharathiar Grama Bank
* Tamil Nadu Grama Bank
* Uttar Bihar Gramin Bank
* Uttarakhand Gramin Bank
* Vananchal Gramin Bank

| Andhra|

* Andhra Pradesh Grameena Vikas Bank
* Andhra Pragathi Grameena Bank

|

Kerala|

* Kerala Gramin Bank
* North Malabar Gramin Bank
* South Malabar Gramin Bank

Uttar Pradesh|

* Allahabad UP Gramin Bank
* Gramin Bank of Aryavart
* Sarva UP Gramin Bank

Defunct banks|

| Merged|

| PSB|

* New Bank of India
* Dena Bank
* Vijaya Bank
* Allahabad Bank
* Andhra Bank
* Corporation Bank
* Oriental Bank of Commerce
* United Bank of India
* Syndicate Bank

|

SBI|

* Bank of Bombay
* Bank of Calcutta
* Bank of Madras
* Imperial Bank of India
* State Bank of Bikaner & Jaipur
* State Bank of Hyderabad
* State Bank of Indore
* State Bank of Mysore
* State Bank of Patiala
* State Bank of Saurashtra
* State Bank of Travancore
* Bharatiya Mahila Bank
* Krishnaram Baldeo Bank
* Kashinath Seth Bank

Rescued|

* Global Trust Bank (OBC)
* Lakshmi Vilas Bank (DBS)
* Nedungadi Bank (PNB)
* United Western Bank (IDBI)
* United Industrial Bank (Allahabad Bank)
* Punjab and Maharashtra Co-operative Bank (Unity SFB)

Acquired|

* Bank of Madura
* Bank of Rajasthan
* Bengal Central Bank
* Centurion Bank of Punjab
* Chartered Bank of India, Australia and China
* Grindlays Bank
* National Bank of India
* ING Vysya Bank
* Mercantile Bank of India, London and China
* Lord Krishna Bank
* Times Bank

| PSB|

* Bharat Overseas Bank
* Pandyan Bank

|

Wound up|

* Bank of Chettinad
* Dass Bank
* Industrial Investment Bank of India

Failed|

* Alliance Bank of Simla
* Arbuthnot & Co
* Commercial Bank of India
* Exchange Bank of India & Africa
* (New) Oriental Bank Corporation
* Oudh Commercial Bank
* Madhavpura Mercantile Cooperative Bank

Liquidated|

* Bengal Bank (1784)
* Bank of Bombay (1720)
* Bank of Hindostan
* General Bank of India
* General Bank of Bengal and Bihar
* Nath Bank
* Palai Central Bank
* The Commercial Bank (1819)
* The Calcutta Bank (1824)
* The Union Bank (1828)
* The Government Savings Bank (1833)
* The Bank of Mirzapore (1835)
* Travancore National and Quilon Bank

Networks|

| Interbank networks|

* Cirrus
* NFS
* PLUS

|

ATM networks|

* BANCS
* Cashnet
* CashTree
* MITR

Cards|

* Mastercard
* Debit Mastercard
* Maestro
* RuPay
* Visa
* Visa Debit
* Visa Electron

Online transfers|

* AEPS
* BBPS
* BHIM
* IMPS
* NEFT
* RTGS
* UPI

Payment service
providers|

* Atom
* BHIM
* BillDesk
* CCAvenue
* Juspay
* Paytm
* Wibmo
* Zeta India

| Digital wallets|

* Amazon Pay
* BharatPe
* Freecharge
* Google Pay
* Mobikwik
* Oxigen Services
* Payoneer
* PayU
* Payworld
* PhonePe

|

Related topics|

* ATM usage fees
* Bank run
* Black money
* Counterfeit money
* De-materialisation (de-mat)
* Demonetisation
* 2016
* Low denomination coins
* Foreign exchange (ForEx)

* Lists:  List of banks
* List of oldest banks in India

| Protocol and codes|

* Bharat Bill Payment System (BBPS)
* Indian Financial System Code (IFSC)
* National Unified USSD Platform (NUUP)
* Structured Financial Messaging System (SFMS)

|

Rates and ratios|

* Mumbai Inter-Bank Bid Rate - MIBID/Mumbai Inter-Bank Offer Rate - MIBOR
* Mumbai Interbank Forward Offer Rate - MIFOR
* Statutory Liquidity Ratio - SLR
* Cash Reserve Ratio - CRR

Regulators|

* Insurance - IRDAI
* Banking - RBI
* Securities - SEBI
* Bankruptcy - IBBI

Insolvency, bankruptcy
and reconstruction|

| Boards|

* BIFR
* IBBI
* CERSAI

|

Legislation|

* IBC
* SARFESI Act

Companies|

* ARCIL
* Edelweiss ARC
* IAMCL

Legislation|

* Banking Regulation Act, 1949
* Government Securities Act, 2006
* IBC, 2016
* NaBFID, 2021
* RBI Act, 1934
* SARFESI Act, 2002
* Income-tax Act, 1961
* Companies Act, 2013
* Insurance Act, 1938
* FEMA, 1999

Tribunals|

* Company Law - NCLT
* Appellate - NCLAT

Measures|

* Prompt Corrective Action

Other|

* Institute of Banking Personnel Selection
* Mumbai Consensus

* v
* t
* e

Financial services in India

Banking

| Commercial
banking|

| Scheduled
banks|

| Commercial|

| Private|

* Axis
* Bandhan
* CSB
* City Union
* DCB
* Dhanlaxmi
* Federal
* HDFC
* ICICI
* IDBI
* IDFC First
* IndusInd
* Karnataka
* Karur Vysya
* Kotak Mahindra
* Nainital
* RBL
* South Indian
* Tamilnad Mercantile
* Yes

|

PSBs|

* Bank of Baroda
* Bank of India
* Bank of Maharashtra
* Canara Bank
* Central Bank of India
* Indian Bank
* Indian Overseas Bank
* Jammu & Kashmir Bank
* Punjab & Sind Bank
* Punjab National Bank
* State Bank of India
* UCO Bank
* Union Bank of India

Foreign|

| Branches|

* ABN AMRO
* Abu Dhabi Commercial Bank
* Antwerp Diamond Bank
* ANZ
* Bank Maybank Indonesia
* Bank of America
* Bank of Bahrain and Kuwait
* Bank of Ceylon
* Barclays
* Citibank
* Credit Suisse
* Deutsche Bank
* HSBC
* MUFG Bank
* Rabobank
* Royal Bank of Scotland
* Scotiabank
* Standard Chartered

|

Subsidiaries|

* DBS Bank
* State Bank of Mauritius

RRBs|

* Andhra Pradesh Grameena Vikas Bank
* Andhra Pragathi Grameena Bank
* Assam Gramin Vikash Bank
* Bangiya Gramin Vikash Bank
* Kerala Gramin Bank
* North Malabar Gramin Bank
* Mizoram Rural Bank
* Pallavan Grama Bank
* Pandyan Grama Bank
* Paschim Banga Gramin Bank
* South Malabar Gramin Bank
* Uttar Bihar Gramin Bank
* Uttarakhand Gramin Bank
* Vananchal Gramin Bank

Cooperative|

* District Co-operative Central Bank
* Buldhana Urban
* Cosmos Bank
* Mizoram Co-operative Apex Bank
* Rajkot Nagrik Sahakari Bank
* Repco Bank
* Saraswat Bank
* Shamrao Vithal Co-operative Bank
* TNSC Bank
* Chennai Central Cooperative Bank

| Uttar Pradesh|

* Allahabad UP Gramin Bank
* Gramin Bank of Aryavart
* Sarva UP Gramin Bank

|

Niche
banks|

| SFBs|

* AU
* Capital
* ESAF
* Equitas
* Fincare
* Jana
* North East
* Suryoday
* Ujjivan

|

Payments
banks|

* Airtel
* Fino
* NSDL Payments Bank Limited
* India Post
* Jio
* Paytm

| Surrendered licencees|

* Sun Pharmaceuticals
* Tech Mahindra

|

Wound up|

* Aditya Birla

Defunct
banks|

| Merged|

| PSB|

* New Bank of India
* Dena Bank
* Vijaya Bank
* Allahabad Bank
* Andhra Bank
* Corporation Bank
* Oriental Bank of Commerce
* United Bank of India
* Syndicate Bank

|

SBI|

* Bank of Bombay
* Bank of Calcutta
* Bank of Madras
* Imperial Bank of India
* State Bank of Bikaner & Jaipur
* State Bank of Hyderabad
* State Bank of Indore
* State Bank of Mysore
* State Bank of Patiala
* State Bank of Saurashtra
* State Bank of Travancore
* Bharatiya Mahila Bank

Rescued|

* Global Trust Bank
* Lakshmi Vilas Bank
* Nedungadi Bank
* United Western Bank
* United Industrial Bank

Acquired|

* Bank of Madura
* Bank of Rajasthan
* Bengal Central Bank
* Centurion Bank of Punjab
* Chartered Bank of India, Australia and China
* Grindlays Bank
* National Bank of India
* ING Vysya Bank
* Mercantile Bank of India, London and China
* Lord Krishna Bank

| PSB|

* Bharat Overseas Bank
* Pandyan Bank

|

Wound up|

* Bank of Chettinad
* Dass Bank
* Industrial Investment Bank of India

Failed|

* Alliance Bank of Simla
* Arbuthnot & Co
* Commercial Bank of India
* Exchange Bank of India & Africa
* (New) Oriental Bank Corporation
* Oudh Commercial Bank
* Madhavpura Mercantile Cooperative Bank

Liquidated|

* Bank of Hindostan
* Nath Bank
* Palai Central Bank

Networks|

| Interbank networks|

* Cirrus
* NFS
* PLUS

|

ATM networks|

* BANCS
* Cashnet
* CashTree
* MITR

Financial
technology|

| Online transfers|

* BBPS
* IMPS
* NEFT
* RTGS
* UPI
* AEPS
* BHIM

|

Cards|

* MasterCard
* Debit MasterCard
* Maestro
* RuPay
* Visa
* Visa Debit
* Visa Electron
* Visa payWave

Payment service|

* Atom
* BHIM
* BillDesk
* CCAvenue
* Google Pay
* Zeta India

Digital wallets|

* Amazon Pay
* Freecharge
* Mobikwik
* Oxigen Services
* Payoneer
* Paytm
* PayU
* Payworld
* PhonePe

Other|

* ATM usage fees
* De-Materialisation (De-Mat)
* Foreign Exchange (ForEx)
* Indian Financial System Code (IFSC)
* List of banks
* National Unified USSD Platform (NUUP)

| Protocol|

* BBPS
* Structured Financial Messaging System (SFMS)

|

Investment
banking|

* A.K. Capital Services Ltd.
* Ambit Corporate Finance Pvt.Ltd.
* Anand Rathi Advisors Ltd.
* Ashika Capital Ltd.
* Avendus Capital Pvt.Ltd.
* Axis Bank Ltd.
* Axis Capital Ltd.
* Barclays Bank Plc
* Bcb Brokerage Pvt.Ltd.
* Birla Capital & Financial Services Ltd.
* BNP Paribas
* Bob Capital Markets Ltd.
* Boi Merchant Bankers Ltd.
* Canara Bank
* Central Bank Of India
* Centrum Capital Ltd.
* Chartered Finance Management Ltd.
* Choice Capital Advisors Pvt.Ltd.
* Citigroup Global Markets India Pvt.Ltd.
* Credit Suisse Securities (India) Pvt.Ltd.
* Deutsche Equities India Pvt.Ltd.
* DSP Merrill Lynch Ltd.
* Edelweiss Financial Services Ltd.
* Ernst & Young Merchant Banking Services Pvt.Ltd.
* HDFC Bank Ltd.
* HSBC Securities & Capital Markets (India) Pvt.Ltd.
* ICICI Securities Ltd.
* IDBI Capital Market Services Ltd.
* IDFC Securities Ltd.
* IIFL Holdings Ltd.
* Il&Fs Capital Advisors Ltd.
* Indian Overseas Bank
* Inga Capital Pvt.Ltd.
* Jefferies India Pvt.Ltd.
* JM Financial Institutional Securities Ltd.
* JP Morgan India Pvt.Ltd.
* Karvy Investor Services Ltd.
* Keynote Corporate Services Ltd.
* KJMC Corporate Advisors (India) Ltd.
* Kotak Mahindra Capital Co.Ltd.
* Lazard India Pvt.Ltd.
* Morgan Stanley India Co.Pvt.Ltd.
* Motilal Oswal Investment Advisors Pvt. Ltd.
* Munoth Financial Services Ltd.
* Pantomath Capital Advisors Pvt.Ltd.
* Religare Capital Markets Ltd.
* Rothschild (India) Pvt.Ltd.
* Saffron Capital Advisors Pvt.Ltd.
* SBI Capital Markets Ltd.
* SMC Capitals Ltd.
* Trust Investment Advisors Pvt.Ltd.
* UBS Securities India Pvt.Ltd.
* Union Bank Of India
* Vivro Financial Services Pvt.Ltd.
* Yes Bank Ltd.

Institutions|

* SIDBI
* NABARD
* EXIM
* IIBI
* IFCI

Asset management

| Hedge funds|

* True Beacon

|

Mutual funds|

* Axis
* Baroda Pioneer
* Birla Sun Life
* BNP Paribas
* BOI AXA
* Canara Robeco
* PGIM
* DHFL Pramerica
* DSP
* Edelweiss
* Escorts
* Franklin Templeton Investments
* Goldman Sachs
* HDFC AMC
* HSBC Global
* ICICI Prudential
* IDBI
* IDFC
* IIFCL Asset Management
* IIFL
* IL & FS Infra
* Indiabulls
* JM Financial
* Kotak
* L & T
* LIC Nomura
* Mirae
* Nippon India
* Motilal Oswal
* Peerless
* PPFAS
* Quantum
* Religare
* Sahara
* SBI
* Shriram
* Sundaram
* Tata
* Taurus
* Union KBC
* Unit Trust of India

InvITs|

| REITs|

* Brookfield Real Estate Trust
* Mindspace Business Parks REIT
* IIFL Real Estate Investment Trust
* Embassy Office Parks REIT

|

Other|

| Telecom|

* Digital Fibre Infrastructure Trust
* Tower Infrastructure Trust

|

Energy|

* India Grid Trust
* India Infrastructure Trust
* POWERGRID Infrastructure Investment Trust

Roads|

* Indian Highway Concessions Trust
* IndInfravit Trust
* IRB Infrastructure
* IRB InvIT Fund
* MEP Infrastructure Investment Trust
* National Highways Infra Trust
* Oriental InfraTrust
* Roadstar Infra Investment Trust
* Shrem Invit

Insurance

| Companies|

| Agriculture|

* Agriculture Insurance Company of India

|

General|

| Private|

* Bajaj Allianz
* Aditya Birla Capital
* Care Health Insurance
* Cholamandalam MS
* Edelweiss Group
* HDFC ERGO
* Future Generali
* ICICI Lombard
* ManipalCigna Health
* Kotak Mahindra
* Reliance
* Royal Sundaram
* TATA AIG
* SBI General
* Shriram General Insurance
* Max Bupa
* Star Health

|

Govt|

* National Insurance
* New India Assurance
* Oriental Insurance
* United India
* Employees State Insurance (ESI)

Life|

* Aegon Life
* Aviva India
* Bajaj Allianz
* Birla Sun Life
* Canara HSBC OBC Life
* Edelweiss Group
* Exide Life
* HDFC Life
* ICICI Prudential
* LIC
* Max Life
* Peerless Group
* PNB MetLife
* Reliance
* Kotak
* SBI Life
* Shriram Life Insurance
* Tata AIA

Reinsurance|

* GIC-Re

Repository|

* CDSL
* NSDL

Policy|

* Agricultural insurance in India
* National Health Policy
* Pradhan Mantri Fasal Bima Yojana
* Pradhan Mantri Suraksha Bima Yojana
* Pradhan Mantri Jeevan Jyoti Bima Yojana
* Ayushman Bharat Yojana
* Rashtriya Swasthya Bima Yojana
* Biju Swastya Kalyan Yojana

Other|

* CISR
* Insurance Institute of India

Financial markets

| Stock
exchanges|

| Functional|

| BSE|

* Phiroze Jeejeebhoy Towers

|

NSE|

* NSE IFSC
* NSE EMERGE

Other|

* Calcutta Stock Exchange
* India International Exchange
* Metropolitan Stock Exchange
* United Stock Exchange of India

De-recognized|

* Bangalore
* Cochin
* Coimbatore
* Inter-connected Stock Exchange of India
* Madhya Pradesh
* Madras
* Magadh
* Mangalore
* Saurashtra Kutch
* Ahmedabad Stock
* Bhubaneswar
* Delhi
* Gauhati
* Jaipur
* Ludhiana
* OTC Exchange of India
* Pune
* UP
* Vadodara
* Meerut
* Capital Stock Exchange of Kerala

Commodity
exchanges|

* India International Bullion Exchange
* Bharat Diamond Bourse
* Indian Energy Exchange
* International Pepper Exchange
* Multi Commodity Exchange
* National Commodity and Derivatives Exchange
* National Spot Exchange
* Surat Diamond Bourse
* Universal Commodity Exchange

Brokerages|

| Online|

* Angel
* Axis
* Dhani
* Edelweiss
* FundsIndia
* Geogit
* HDFC
* India Infoline
* Kuvera.in
* Motilal Oswal
* Scripbox
* Reliance
* Sharekhan

|

Other|

* Darashaw

Depositories|

* NSDL
* CDSL
* StockHolding Corporation of India
* Karvy Corporate

Rating
agencies|

| For companies|

* Acuite/SMERA
* Brickworks
* CARE Ratings
* CRISIL (S&P)
* Hunter (Experian)
* ICRA (Moody's)
* India Ratings & Research (Fitch)
* Infomerics Valuation
* ONICRA

|

For individuals|

* Equifax
* Experian
* Highmark
* TransUnion CIBIL

Financial
crime|

| Events|

* 1992 Indian stock market scam

|

People|

* Harshad Mehta
* Abdul Karim Telgi
* Ramalinga Raju
* Hasan Ali Khan
* Ketan Parekh

Other|

* CAMS
* CERSAI

Alternative financial services

| Digital lending|

* Fullerton India
* Hero FinCorp

|

Housing finance|

* Aavas Financiers
* DHFL
* Home First Finance
* HUDCO
* HDFC
* LIC Housing Finance
* National Housing Bank
* Odisha Rural Housing & Development Corporation
* PNB Housing Finance

Chit funds|

* Saradha Group financial scandal
* Rose Valley financial scandal

Microfinance|

* Bandhan Bank
* BASIX (India)
* Bharat Financial Inclusion
* ESAF Small Finance Bank
* Grama Vidiyal
* National Bank for Agriculture and Rural Development
* Satin Creditcare Network Limited

Other|

* Peer-to-peer lending
* Kitty party

Angel investment, venture capital & private equity

| Angel investments|

* Indian Angel Network

|

Venture capital|

* Chiratae Ventures
* Embassy Group
* Indian Angel Network
* Unitus Seed Fund

Private equity|

* Kotak Private Equity
* Chrys Capital
* India Value Fund - True North
* Motilal Oswal Private Equity
* IDFC Private Equity Fund
* ICICI Venture Fund
* CX Partners
* Premji Invest
* Kedaara Capital
* JM Financial Private Equity

Legislation & regulation

| Banking|

| Authorities
& boards|

| Central bank|

* Reserve Bank of India

|

Other|

* IFSCA
* BBB
* BCSBI
* NPCI
* IBA
* IDRBT

Legislation|

| In force|

* Reserve Bank of India Act, 1934
* Government Securities Act, 2006
* The State Bank of India Act, 1955
* The Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970
* Banking Regulation Act, 1949
* International Financial Services Centres Authority Act, 2019

|

Repealed|

* Public Debt Act, 1944

Asset
management|

| Legislation|

* The Unit Trust of India Act, 1963
* Indian Registration Act, 1908

|

Other regulations|

* SEBI (Mutual Funds) Regulations, 1993

Insurance|

| Authorities & boards|

* IRDAI
* Insurance Association of India
* Life Insurance Council
* General Insurance Council

|

Legislation|

| In force|

* Insurance Act, 1938
* Industrial Policy Resolution of 1956
* Life Insurance Corporation Act, 1956
* Insurance Regulatory and Development Authority Act, 1999
* The General Insurance Business (Nationalisation) Act, 1972

|

Repealed|

The British Insurance Act, 1870

Financial
markets|

| Authorities & boards|

* SEBI
* Securities commission
* Forward Markets Commission

|

Legislation|

| In force|

* SEBI, Act 1992
* Forward Contracts (Regulation) Act, 1952
* The Securities Contracts (Regulation) Act, 1956

|

Alternative
financial
services|

| Authorities & boards|

* NHB

|

Legislation|

| Microfinance|

* Tamil Nadu Money-Lenders Act, 1957
* The Bombay Money-Lenders Act, 1946
* The Karnataka Money-Lenders Act, 1961
* The Kerala Money-Lenders Act, 1958
* Bengal Money-Lenders Act, 1940
* The Rajasthan Money-Lenders Act, 1963

|

Other|

* Multi-State Cooperative Legislation Act, 2002
* Mutually Aided Cooperative Acts
* The National Housing Bank Act, 1987
* The Chit Funds Act, 1982

Alternative
investment
funds|

| Authorities & boards|

* Indian Association of Alternative Investment Funds (IAAIF)

|

Legislation|

* Indian Trusts Act, 1882

Regulations|

* SEBI (Venture Capital Funds) Regulations, 1996
* SEBI AIF Regulations, 2012
* SEBI (Investment Advisers) Regulations 2013

* v
* t
* e

NIFTY 200 companies

NIFTY
200|

| NIFTY
100|

| NIFTY
50|

* Adani Enterprises
* Adani Ports
* Apollo Hospitals
* Asian Paints
* Axis Bank
* Bajaj Auto
* Bajaj Finance
* Bajaj Finserv
* Bharat Petroleum
* Bharti Airtel
* Britannia
* Cipla
* Coal India
* Divi's Labs
* Dr. Reddy's Labs
* Eicher
* Grasim
* HCLTech
* HDFC Bank
* HDFC Life
* Hero MotoCorp
* Hindalco
* HUL
* ICICI Bank
* IndusInd Bank
* Infosys
* ITC
* JSW Steel
* Kotak Mahindra
* L&T
* LTIMindtree
* M&M
* Maruti Suzuki
* NTPC
* Nestlé
* ONGC
* Power Grid
* Reliance
* SBI Life
* SBI
* Shriram Finance
* Sun Pharma
* Tata Consultancy Services
* Tata Consumer Products
* Tata Motors
* Tata Steel
* Tech Mahindra
* Titan
* UltraTech
* Wipro

|

NIFTY
Next 50|

* ABB India
* Adani Energy Solutions
* Adani Green Energy
* Adani Power
* Ambuja Cements
* Bank of Baroda
* Berger Paints
* BEL
* Bosch
* Canara Bank
* Cholamandalam
* Colgate-Palmolive
* Dabur
* DLF
* DMart
* GAIL
* Godrej Consumer Products
* Havells
* HAL
* ICICI Lombard
* ICICI Prudential
* Indian Oil
* IndiGo
* Info Edge
* IRCTC
* IRFC
* Jindal Steel
* Jio Financial Services
* LIC
* Marico
* Pidilite
* Power Finance
* PNB
* REC
* Samvardhana Motherson
* SBI Card
* Shree Cement
* Siemens India
* SRF
* Tata Power
* Torrent Pharma
* Trent
* TVS Motors
* United Spirits
* Varun Beverages
* Vedanta
* Zomato
* Zydus Lifesciences

* ACC
* Aditya Birla Fashion
* Alkem Labs
* Apollo Tyres
* Ashok Leyland
* Astral
* AU SFB
* Aurobindo Pharma
* Balkrishna Industries
* Bandhan Bank
* Bank of India
* Bank of Maharashtra
* Bharat Dynamics
* Bharat Forge
* BHEL
* Biocon
* BSE
* Coforge
* Container Corp
* CG Power
* Cummins India
* Dalmia Bharat
* Deepak Nitrite
* Delhivery
* Dixon Technologies
* Dr Lal PathLabs
* Escorts
* FACT
* Federal Bank
* Fortis Healthcare
* GMR Airports
* Godrej Properties
* Gujarat Gas
* Hindustan Petroleum
* IDBI Bank
* IDFC First Bank
* Indian Bank
* Indian Hotels
* Indraprastha Gas
* Indus Towers
* Ipca Laboratories
* JSW Energy
* Jubilant FoodWorks
* Kalyan Jewellers
* KPIT Technologies
* L&T Technology Services
* Laurus Labs
* LIC Housing Finance
* Lodha
* Lupin
* M&M Finance
* Mankind Pharma
* Max Financial Services
* Max Healthcare
* Mazagon Dock Shipbuilders
* Mphasis
* MRF
* NHPC
* NMDC
* Nykaa
* Oil India
* Oracle FSS
* Page Industries
* Patanjali Foods
* Paytm
* Persistent Systems
* Petronet LNG
* Piramal Enterprises
* Policybazaar
* Poonawalla Fincorp
* Prestige Estates
* RVNL
* SAIL
* SJVN
* Sun TV
* Supreme Industries
* Suzlon
* Syngene
* Tata Chemicals
* Tata Communications
* Tata Technologies
* Torrent Power
* Tube Investments
* Union Bank
* UPL
* Vodafone Idea
* Voltas
* Yes Bank
* Zee Entertainment

* v
* t
* e

BSE SENSEX companies of India

* Asian Paints
* Axis Bank
* Bajaj Auto
* Bajaj Finserv
* Bajaj Finance
* Bharti Airtel
* HCLTech
* HDFC Bank
* HUL
* ICICI Bank
* IndusInd Bank
* Infosys
* JSW Steel
* ITC
* Kotak Mahindra Bank
* L&T
* Mahindra & Mahindra
* Maruti Suzuki
* Nestlé
* NTPC
* ONGC
* Power Grid Corporation of India
* Reliance Industries
* SBI
* Sun Pharma
* Tata Steel
* TCS
* Tech Mahindra
* Titan Company
* UltraTech Cement

* v
* t
* e

NIFTY 50 companies of India

* Adani Enterprises
* Adani Ports
* Apollo Hospitals
* Asian Paints
* Axis Bank
* Bajaj Auto
* Bajaj Finance
* Bajaj Finserv
* BPCL
* Bharti Airtel
* Britannia
* Cipla
* Coal India
* Divi's
* Dr. Reddy's
* Eicher Motors
* Grasim
* HCLTech
* HDFC Bank
* HDFC Life
* Hero MotoCorp
* Hindalco
* HUL
* ICICI Bank
* IndusInd Bank
* Infosys
* ITC
* JSW Steel
* Kotak Mahindra Bank
* L&T
* LTIMindtree
* M&M
* Maruti Suzuki
* Nestlé
* NTPC
* ONGC
* Power Grid
* Reliance
* SBI
* SBI Life
* Sun Pharma
* TCS
* Tata Consumer
* Tata Motors
* Tata Steel
* Tech Mahindra
* Titan
* UltraTech Cement
* UPL
* Wipro

* v
* t
* e

State Bank of India Asia

Sovereign states|

* Afghanistan
* Armenia
* Azerbaijan
* Bahrain
* Bangladesh
* Bhutan
* Brunei
* Cambodia
* China
* Cyprus
* East Timor (Timor-Leste)
* Egypt
* Georgia
* India
* Indonesia
* Iran
* Iraq
* Israel
* Japan
* Jordan
* Kazakhstan
* North Korea
* South Korea
* Kuwait
* Kyrgyzstan
* Laos
* Lebanon
* Malaysia
* Maldives
* Mongolia
* Myanmar
* Nepal
* Oman
* Pakistan
* Philippines
* Qatar
* Russia
* Saudi Arabia
* Singapore
* Sri Lanka
* Syria
* Tajikistan
* Thailand
* Turkey
* Turkmenistan
* United Arab Emirates
* Uzbekistan
* Vietnam
* Yemen

States with
limited recognition|

* Abkhazia
* Northern Cyprus
* Palestine
* South Ossetia
* Taiwan

Dependencies and
other territories|

* British Indian Ocean Territory
* Christmas Island
* Cocos (Keeling) Islands
* Hong Kong
* Macau

* Category
* Asia portal

Authority control databases

International|

* FAST
* ISNI
* VIAF

National|

* Germany
* Israel
* United States
* Australia

Academics|

* CiNii

People|

* Trove

## Further reading

[edit]

* Mukerji, B (December 1961). "State Bank of India and Co-operative Institutions" (PDF). Indian Journal of Agricultural Economics. XVI (I). ISSN 0019-5014 - via AgEcon, Department of Applied Economics University of Minnesota.
* Bagchi, Amiya (2007). The Evolution of the State Bank of India: The Roots 1806-1876. Vol. 1\. New Delhi: Penguin India. p. 452\. ISBN 978-0670999170.
* Ray, Abhik; Chakraborty, A. K.; Das, Suman; Mathai, J.S. (2009). The Evolution of the State Bank of India: The Era from 1995 to 1980. Vol. 4\. Penguin India. ISBN 9780670999064.
* Chakrabarti, Rajesh (2012). "State Bank of India: The Opportunities and Challenges of Being a State-Owned Bank in India". The Political Economy of State-owned Enterprises in China and India. London: Palgrave Macmillan. pp. 247–272. doi:10.1057/9781137271655_11. ISBN 978-1-137-27165-5.
* Dhir, Sanjay; Kumar, Sushil (17 April 2019). "State Bank of India". Cases in Strategic Management. Flexible Systems Management. Singapore: Springer. doi:10.1007/978-981-13-7064-9_14. ISBN 978-981-13-7064-9.

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template