The State Bank of India (SBI) was established on 1 July 1955 and nationalized on 2 June 1956.

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company.

It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

On 1st April, 2017, State Bank of India, which is India's largest Bank merged with five of its Associate Banks (State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore) and Bharatiya Mahila Bank with itself.

It has 198 offices in 37 countries; 301 correspondents in 72 countries

The company is ranked 232nd on the Fortune Global 500 list of the world's biggest corporations as of 2016.

SBI was ranked as the top bank in India based on tier 1 capital by The Banker magazine in a 2014 ranking.

SBI was ranked 232nd in the Fortune Global 500 rankings of the world's biggest corporations for the year 2016.

SBI was named the 29th most reputed company in the world according to Forbes 2009 rankings

SBI was 50th Most Trusted brand in India as per the Brand Trust Report 2013, an annual study conducted by Trust Research Advisory, a brand analytics company and subsequently, in the Brand Trust Report 2014, SBI finished as India's 19th Most Trusted Brand in India

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