#1
September 6th, 2016, 10:56 AM
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SBI Government Ownership
I want to know the Government Ownership of State Bank of India SBI so can you please tell me?
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#2
September 6th, 2016, 11:14 AM
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Re: SBI Government Ownership
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. As on 31 March 2014, Government of India held around 58.59% equity shares in SBI. Life Insurance Corporation of India is the largest non-promoter shareholder in the company with 14.99% shareholding. Shareholders Shareholding Promoters: Government of India 58.60% Banks & Insurance Companies 16.79% FIIs/GDRs/OCBs/NRIs 12.04% Mutual Funds & UTI 3.78% Private Corporate Bodies 2.87% Others 5.92% Total 100.00% Awards and recognitions 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 298th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012. SBI was named the 29th most reputed company in the world according to Forbes 2009 rankings Contact- Toll free number: 1800 11 2211 Toll free number: 1800 425 3800 Toll number: 080-26599990 Customer Service Department State Bank of India State Bank Bhavan, 16th Floor Madam Cama Road, Mumbai 400 021 Tel: 022-22029456 Fax: 022 22742431 |
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