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January 22nd, 2016, 05:46 PM
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State bank of India transforming a state owned giant case study
Hello sir I want to know about the state owned giant of SBI so please provide me information about the same. State Bank of India is a great story of transformation in the making. The implementation of TCS’s centralized banking solution in nearly 14,000 branches of the group play a major role in it. History of SBI SBI, a bank with 60% government stake, was India’s largest commercial bank It is the 43rd largest bank in the world with a market capitalization of over $36.5 billion in 2011. It along with its five associate banks and 22 subsidiaries, which constituted the State Bank Group, had more than 267,000 employees; a pan India network of over 18,000 branches, and 25,000 ATMs; and delivered profits of $2.6 billion. Financial power of SBI The State Bank is a financial powerhouse with its arms in Insurance, mutual funds, investment banking, etc, and owns: • SBI Capital Markets Ltd. • SBI Mutual Fund (a trust) • SBI Factors and Commercial Services Ltd. • SBI DFHI Ltd. • SBI Cards and Payment Services Pvt. Ltd. • SBI Life Insurance Co Ltd – Banc assurance (Life Insurance) • SBI Funds Management Pvt. Ltd. State Bank of India Transforming a State Owned Giant Now I am providing you pdf file of Last edited by Neelurk; February 21st, 2020 at 08:19 AM. |
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