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About State Bank of India

"State Bank of India (SBI) is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees.It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

The origins of State Bank of India date back to 1806 when the Bank of Calcutta (later called the Bank of Bengal) was established. In 1921, the Bank of Bengal and two other banks (Bank of Madras and Bank of Bombay) were amalgamated to form the Imperial Bank of India. In 1955, the Reserve Bank of India acquired the controlling interests of the Imperial Bank of India. In the year 1955, the Government of India nationalized the Imperial Bank along with the Reserve Bank of India. Ever since that time, the bank acquired its present name that is SBI.

The SBI group consists of SBI and five associate banks. The group has an extensive network; with over 20,000 plus branches in India and another 191 foreign offices spread over 36 countries across the world. As of 31st March 2015"

Highlights

“Most Admired Infrastructure Financier” Award by KPMG,

“Top Public Sector Bank under SME Financing” by Dun and Bradstreet

“Most Preferred Housing Loan” and “Most Preferred Bank” in the CNBC AWAAZ Consumer Awards

Best use of Technology in Financial Inclusion, 2014

Asia’s Best CSR Practices Award-2013- Singapore by CMO Asia

Asian BFSI Awards-2013,Dubai by Asian Leadership Awards

18-03-2019, 12:06
State Bank of India Cash Withdrawal Limits
State Bank of India ATMs enable customers to withdrawal up to a daily limit of Rs 40,000. This limit is applicable on Classic Debit card. Higher value cards permit daily withdrawal ...
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13-03-2019, 13:19
State Bank of India Home Loan Interest Rate Starts from 8.75 percent
State Bank of India home loan interest rate starts from 8.75 percent per annum for loans up to Rs 30 lks according to its website.
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08-03-2019, 18:07
State Bank of India Slashes Interest rates on All Home Loans up to Rs 30 lakh
RBI not only lowered its key lending rate by 25 basis points to 6.25 percent but also turned accommodative and the State Bank of India decided to cut interest rates on all home loa ...
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21-12-2018, 12:59
To activate new State Bank of India ATM card, Register for net banking online or ATM centre
State Bank of India internet banking subscribers can make use of a number of tools available online through the internet banking portal. In order to activate a new ATM card online, ...
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10-12-2018, 19:20
To link PAN with state Bank of India account online
State Bank of India enables its customers to add their PAN or Permanent Account Number card details to their bank account online.
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12-11-2018, 12:22
Syndicate Bank Raises Marginal Cost of Funds Based Lending Rate by up to 0.15 percent and Effective from November 10
Syndicate Bank has hiked its marginal cost of funds based lending rate by up to 0.15 percent across various tenors, effective from November 10.
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