2023 2024 EduVark > Education Discussion > General Discussion


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January 25th, 2017, 08:22 AM
Super Moderator
 
Join Date: Mar 2012
Re: SBI NRI Interest Rates

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.

SBI offers attractive fixed deposit schemes for NRI costomer , here is info related to interest rates for Non Resident External Account (NRE) Fixed Deposits offered by SBI
Tenure Below Rs.1 crore Above Rs.1 crore
365 to 455 days 7.25% 7.25%
2 to 3 years 7.5% 7.5%
3 to 5 years 7% 7%
5 to 10 years 7% 7%

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

(Chairperson)

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 2.85 trillion (US$42 billion) (2016)

Profit 127 billion (US$1.9 billion) (2016)

Total assets 30.72 trillion (US$460 billion) (2016)

Owner Government of India

Number of employees 293,469 (2016)


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