2023 2024 EduVark > Education Discussion > General Discussion


  #2  
July 6th, 2016, 03:39 PM
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Join Date: Mar 2013
Re: State Bank of India Details

The State Bank of India, prominently known as SBI, is one of the main banks in India. The bank follows its beginning to the main decade of the nineteenth century. Later on, it was converged with the Imperial Bank.

The State Bank of India will be India's biggest business bank. The bank has been endeavoring genuinely to hold fast to the endeavors of giving most extreme consumer loyalty to the most ideal degree. The SBI has nearness all over India with 16,000 branches. Not just this, the bank has made its roots secured globally too. At present, SBI has 131 branches in 32 nations everywhere throughout the world.

SBI made an exceptional strategy for serving its clients even on an occasion. One can locate a coasting SBI ATM on a pontoon in the backwaters of Kerala.

State Bank of India Services

State Bank of India Services is mainly varied and innovative amongst all its contemporaries. State Bank of India Services includes a multitude of products and services to suit all types of consumers.

Banking Subsidiaries- State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Indore (SBIr),State Bank of Mysore (SBM), State Bank of Patiala (SBP), State Bank of Saurashtra (SBS) and State Bank of Travancore (SBT).

Foreign Subsidiaries - State bank of India International (Mauritius) Ltd.,State Bank of India (California), State Bank of India (Canada) and INMB Bank Ltd, Lagos.

Non- banking Subsidiaries - SBI Capital Markets Ltd (SBICAP), SBI Funds Management Pvt Ltd (SBI FUNDS), SBI DFHI Ltd (SBI DFHI), SBI Factors and Commercial Services Pvt Ltd (SBI FACTORS) and SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)

Joint ventures - SBI Life Insurance Company Ltd (SBI LIFE).

Products & Services
• Personal Banking
• NRI Services
• Agriculture
• International
• Corporate
• SME
• Domestic Treasury
SBI Retail Banking
The following services are provided under Retail Banking:-
• Term Deposits
• Recurring Deposits
• Housing Loan
• Educational Loan
• Personal Loan
• For Pensioners
• Against Mortgage of Property
• Against Shares & Debentures
• Plus Scheme
• Medi-Plus Scheme
• Rates of Interest


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