State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

State Bank of India is the first bank in India to start its own online aggregator services. Besides the payment gateway, which will enable merchants accept payment by net banking, credit card, debit card and mobile banking,

A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar.

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
Rajnish Kumar (banker) (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

Increase 298,640.45 crore (US$47 billion) (2017)

273,461.13 crore (US$43 billion) (2016)

Operating income
Increase 50,847.90 crore (US$7.9 billion) (2017)
Profit

Increase 10,484.10 crore (US$1.6 billion) (2017)
9,950.65 crore (US$1.6 billion) (2016)

Total assets Increase 2,705,966.30 crore (US$420 billion) (2017)
Total equity Increase 144,274.65 crore (US$22 billion) (2016)
Owner Government of India (61.23%)
Number of employees


Increase 209,567 (2017)
207,739 (2016)

Capital ratio 13.12% (2016)