The State Bank of India (SBI) is India's largest bank. It was founded in 1806 and nationalized by the Indian government in 1955. SBI has over 21,500 branches across India and 172 branches in 37 foreign countries. It has assets of over $369 billion and employs over 222,933 people, making it one of India's largest employers. SBI provides various banking services to individuals and businesses, including loans, deposits, credit cards, and investment services.

2. The State Bank of India (SBI) is the largest banking and financial services
company in India by revenue, assets and market capitalization.
As of March 2011, it had assets of US$370 billion with over 13,000 outlets
including 150 overseas branches and agents globally.
The bank traces its ancestry to British India, through the Imperial Bank of
India, to the founding in 1806 of the Bank of Calcutta, making it the oldest
commercial bank in the Indian Subcontinent. Bank of Madras merged into
the other two presidency banks—Bank of Calcutta and Bank of Bombay—
to form the Imperial Bank of India, which in turn became the State Bank of
India.
The Government of India nationalized the Imperial Bank of India in 1955,
with the Reserve Bank of India taking a 60% stake, and renamed it the
State Bank of India. In 2008, the government took over the stake held by
the Reserve Bank of India.

3. The State Bank of India is the largest of the Big Four banks of India, along
with ICICI Bank, Punjab National Bank and HDFC Bank—its main
competitors.
The State Bank of India was founded on July 1,1955.
It’s revenue is US$ 32.44 billion, profit US$ 2.34 billion, total assets
amounting US$369.56 billion and total equity US$ 18.71 billion.
It provides employment to 2,22,933 people all over the world.
SBI is ranked #292 globally in Fortune Global 500 list in 2011.
The State Bank Group, with over 16,000 branches, has the largest
banking branch network in India.
It also has around 130 branches overseas.
The State Bank of India is the 29th most reputed company in the world
according to Forbes.

4. The roots of the State Bank of India lie in the first decade of 19th century,
when the Bank of Calcutta, later renamed the Bank of Bengal, was
established on June 2, 1806.
The Presidency banks amalgamated on January 27, 1921, and the re-
organized banking entity took as its name Imperial Bank of India.
Pursuant to 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 April 30, 1955, the Imperial Bank
of India became the State Bank of India.

5. 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
Bank of Cochin

6. SBI Capital Markets Ltd.
SBI Funds Management Pvt. Ltd.
SBI Factors & Commercial Services Pvt. Ltd.
SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
SBI DFHI Ltd.
SBI Life Insurance Company Ltd.
SBI General Insurance

7. Pratip Chaudhuri (Chairman)
Hemant G. Contractor (Managing Director)
Diwakar Gupta (Managing Director)
A Krishna Kumar (Managing Director)
Dileep C Choksi (Director)
S. Venkatachalam (Director)
D. Sundaram (Director)
Parthasarathy Iyengar (Director)
Jyoti Bhushan Mohapatra (Workmen Employee Director )
G. D. Nadaf (Officer Employee Director)
Rashpal Malhotra (Director)
D. K. Mittal (Director)
Subir V. Gokarn (Director)
Deepak Ishwarbhai Amin (Director)

8. State Bank of India has 172 foreign offices in 37 countries
across the globe.
SBI has about 25,000 ATMs (25,000th ATM was inaugurated
by the then Chairman of State Bank Shri O.P. Bhatt on 31
March 2011, the day of his retirement); and SBI
group(including associate banks) has about 45,000 ATMs.
SBI has 21,500 branches, including branches that belong to
its associate banks.
SBI includes 99345 offices in India.

9. SBI has provided employment to 222,933 people all
over the world.
SBI has turned into the third-largest employer
in India among listed companies after Coal India
Limited(383,347) and Tata Consultancy
Services(226,751).

10. Best Online Banking Award, Best Customer Initiative Award & Best Risk
Management Award (Runner Up) by IBA Banking Technology Awards 2010
The Bank of the year 2009, India (won the second year in a row) by The
Banker Magazine
Best Bank – Large and Most Socially Responsible Bank by the Business
Bank Awards 2009
Best Bank 2009 by Business India
The Most Trusted Brand 2009 by The Economic Times
Most Preferred Bank & Most preferred Home loan provider by CNBC
Visionaries of Financial Inclusion By FINO
According to The Brand Trust Report, 11th most trusted brand in India.
Technology Bank of the Year by IBA Banking Technology Awards

11. The formation of the State Bank of India aims at promoting planned
economic development of the country.
By March 1995 the SBI and its associates over 13,800 small scale business
units and other small operators. The amount of loans outstanding was
Rs.9,200 crores.
In March 1995,the loans outstanding to farmers rose to over Rs.7,450
crores.
SBI has also introduced Installment Credit schemes. It is designed to
assist the financing equipment or machinery used by small and medium
size manufacturing units.
Out of it’s 21,500 branches, nearly two-thirds of these are located in rural
and semi-urban areas with a population of less than 25,000.