State Bank of India is an Indian public-sector banking and financial services institution headquartered in Mumbai, India. It provides banking products and services to individuals, businesses, government entities and institutional customers through its domestic and international operations.
The bank’s activities include personal and commercial banking, corporate and investment banking, agricultural and rural finance, treasury services, international banking, payment and card services, and digital banking. Through subsidiaries and affiliated businesses, State Bank of India also offers insurance, asset management, mutual funds, securities and other financial services.
State Bank of India traces its history to the Bank of Calcutta, established in 1806. The Imperial Bank of India was formed in 1921 through the consolidation of three presidency banks, and the institution became State Bank of India in 1955 following nationalization. In addition to its extensive branch and digital network in India, the bank serves customers in selected international markets through overseas branches, subsidiaries and representative offices.
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