#1
January 2nd, 2018, 02:54 PM
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Aims And Objectives Of State Bank Of India
Hi buddy will you plz tell me main Aims And Objectives Of State Bank Of India, plz tell me as my younger brother making mini project on this bank ??
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#2
January 3rd, 2018, 08:22 AM
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Re: Aims And Objectives Of State Bank Of India
State Bank Of India is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As you want here I am tellign Aims And Objectives Of State Bank Of India 1- Accepts deposit 2- Gives loans and advances 3- Invests and Borrows 4- Deals in bill of exchange 5- Deals in gold and silver 6-Deals in foreign currencies 7-Underwrite issues 8-Form subsidiary 9-Housing schemes 10-Acts and agent Bank profile : Type Public Traded as NSE: SBIN BSE: 500112 LSE: SBID BSE SENSEX Constituent CNX Nifty Constituent Industry Banking, financial services Founded 2 June 1806, Bank of Calcutta 27 January 1921, Imperial Bank of India 1 July 1955, State Bank of India 2 June 1956, nationalization Headquarters Mumbai, Maharashtra, India Area served Worldwide Key people Arundhati Bhattacharya (Chairman) Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards Revenue 298,640.45 crore (US$47 billion) (2017) 273,461.13 crore (US$43 billion) (2016) Operating income 50,847.90 crore (US$7.9 billion) (2017) Profit 10,484.10 crore (US$1.6 billion) (2017) 9,950.65 crore (US$1.6 billion) (2016) Total assets 2,705,966.30 crore (US$420 billion) (2017) Total equity 144,274.65 crore (US$22 billion) (2016) Owner Government of India (100%) Number of employees 209,567 (2017) 207,739 (2016) Capital ratio 13.12% (2016) |
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