State Bank of India (SBI), now figures in a list of the top 50 global banks in terms of market capitalization. With a market capitalization of $38 billion, SBI is ranked 46th.

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

As of 2014-15, it had assets of INR 20,480 billion (USD 310 billion) and more than 14,000 branches, including 191 foreign offices spread across 36 countries, making it the largest banking and financial services company in India by assets

SBI has main branch at Mumbai. Its Main Branch of SBI in Mumbai.

SBI has one associate:


State Bank of Patiala (founded 1917)
State Bank of Mysore (founded 1913)
State Bank of Bikaner & Jaipur (founded 1963)
State Bank of Hyderabad (founded 1941)
State Bank of Travancore (founded 1945)
Bharatiya Mahila Bank (founded 2013)

The banks which are merged are:

State Bank of Saurashtra (merged 2008)
State Bank of Indore (merged 2010)

Listings and shareholding

The Government of India held around 58.59% equity shares in SBI.

Shareholders Shareholding
Promoters: Government of India 58.60%
Banks & Insurance Companies 16.79%
FIIs/GDRs/OCBs/NRIs 12.04%
Mutual Funds & UTI 03.78%
Private Corporate Bodies 02.87%
Others 5.92%
Total 100.0%