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May 23, 2012

State Bank of India (SBI)


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In this post, we shall discuss about the India's oldest, largest and most successful commercial bank State Bank of India (SBI). This post is very useful for those people who are preparing for Bank Exams (IBPS and SBI).
  • Imperial Bank of India was created in Jan 1921, by amalgamation of three presidency banks, those are
    1. Bank of Bengal
    2. Bank of Bombay
    3. Bank of Madras
  • After natilnalization in 1955, the imperial Bank of India was named as State Bank of India (SBI).
  • SBI has 7 subsidiaries, They are
    1. State Bank of Hyderabad  
    2. State Bank of Mysore  
    3. State Bank of Indore 
    4. State Bank of Patiala
    5. State Bank of Saurastra
    6. State Bank of Travancore
    7. State Bank of Bikaner & Jaipur
      • All These were formed in 1959
    • State Bank of Saurashtra and State Bank of Indore were merged with SBI. State Bank of Indore merged on 26th August 2010 with SBI. SO the total no. of associate banks of SBI currently working in the country is 5.
  • SBI is the largest commercial bank in India. SBI launched a new scheme "Parivarthan" to attract more customers by rendering better services. 
  • Govt of India's holding in SBI is reduced From 55% to 51%.
  • SBI is to acquire Rupali Bank of Bangladesh and Giro Comercial Bank of Kenya.
  • SBI launched a "Crore Pathi Only" branch in Hyderabad. The criterion to open an account is the minimum opening balance of as one Crore.
  • SBI and Bharathi Airtel entered into MOU on 13th Jan 2011 to from joint venture to make available banking services to the uncovered population of the country with Rs. 100 Cr. investment. This joint venture will become business correspondent of SBI, In this , SBI has 51% state.
  • SBI has 137 foreign offices in 32 countries across the globe.
  • SBI has about 27,000 ATMs as on March 2011.
  • SBI group including associate banks has about 45,000 ATMs.
  • SBI has 21,500 branches including associate banks.
  • SBI has 99,345 offices in India.
  • SBI is the first Bank to open its branch in China. Green Banking Channel is started by SBI.
  • SBI is the first bank to work as Registrar for the "Unique Identification Authority of India".
  • SBI is the 2nd largest commercial Bank in the world in number of Branches (First is ICBC of China).
  • Headquarters of SBI : Mumbai
  • Stock Exchanges of SBI : Mumbai, Kolkata, Chennai, Ahmedabad, Delhi, New York, London.
  • Chairman : Rajnish Kumar
  • Revenue : US$ 32.44 billion
  • Profit : US $ 2.34 billion
  • Total equity : US $ 18.71 billion.
  • Total Employees : 222,933  (by 2011)

If you like this post then read this too >>> Important Topics you should know for Bank Interviews and  Exams.

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  1. thank u mam... very useful information...

  2. madam can you please provide banking awareness pdf to

  3. I found this website before write an IBPS exam unless I wouldn't do anything while the exam time and It was really help me for pickup my General Awareness and also the Banking systems. WE EXPECT MORE FROM YOU..


    1. Sure Anand. We'll try to reach upto your expectations. Thank you so much for the support

    2. sir, please provide some short notes on SBI associates bank as u have posted earlier egarding "short notes on sbi" may b helpful for us

    3. Thanks for the suggestion Rajesh... You can get the detailed shortnotes on SBI Associate Banks by this weekend. All The Best

  4. pls can u provide short notes on SBI associates bank

    1. presently working on that Anusha.. we will post them by the coming monday

  5. Hello mam,

    Please post some notes to face SBI Associates(clerks) interviews as soon as possible, as i have interview on 30th.

    Thank you.

  6. Hi, Hats of for all of your team member and your efforts.. Its really a wonderful way to guide the candidate who are preparing for competition exams.These material are very useful for the exams its like ocean.
    Thanks once again.

  7. Thanks a ton and hats of for your all of your team and efforts. Its really wonderful.

  8. Thanks a a lot and hats of for all of your team members and efforts. Its really wonderful for the students who are preparing for any competition exams. These notes is like panacea.
    Thanks once again.

  9. Could you please let me know wtr there will be SBI PO exams this year...?

  10. Update Info :
    Chairman - Arundhati Bhattachary

  11. Hello sir nice blog
    sir i am rajat form delhi sir i want the latest info about the State Bank of Bikaner Recruitment 2014 Please sir update the page & provide me the latest Details ......

  12. plz update this post.....


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