State Bank of India (OTCMKTS:SBKFF) is the largest commercial bank in India and one of the country’s foremost financial institutions. Tracing its origins to the Bank of Calcutta founded in 1806, it was nationalized and rechristened as State Bank of India in 1955 under the SBI Act. The bank operates as a public sector undertaking, with the Government of India holding a majority stake, and plays a central role in India’s economic development through its extensive retail and corporate banking operations.
The bank offers a comprehensive suite of products and services across multiple business lines, including retail banking, corporate lending, treasury operations, and international banking. In retail banking, SBI provides savings and current accounts, fixed and recurring deposits, home and vehicle loans, credit cards, wealth management, and insurance products. Its corporate segment serves large and medium enterprises with working capital finance, term loans, trade finance, cash management, and capital market services. The bank’s treasury arm engages in foreign exchange trading, debt and money market operations, and derivatives, supporting both institutional clients and internal risk management.
State Bank of India maintains a vast network of over 22,000 branches in India and more than 200 overseas branches, subsidiaries, and representative offices across Asia, Europe, North America, and Africa. Key international centers include London, New York, Singapore, Hong Kong, Dubai, and Johannesburg, enabling cross-border trade finance, remittance services, and global corporate banking. Its digital platforms—SBI YONO and the e-SBI portal—provide internet and mobile banking services, catering to a growing base of retail and business customers seeking seamless, tech-driven solutions.
The bank is governed by a Board of Directors headed by its Chairman, supported by Chief General Managers and executive directors overseeing various business verticals. As a public sector entity, SBI follows regulatory guidelines set by the Reserve Bank of India and aligns its strategy with national economic objectives. Through continuous expansion, innovation in financial technology, and a focus on financial inclusion, State Bank of India remains a pillar of India’s banking system and a significant player in global finance.
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