State Bank of India, largest Bank was founded over two centuries ago. State Bank of India is the largest commercial bank in India in term of assets, deposits, profits, number of branches and employees, and is the only India Bank in the elite group of Fortune 500 companies.
Besides a vast domestic net work of branches, supported by an even larger network of ATMs, the bank also has a truly global presence with operations spread out over 32 countries across all time-zones. The bank is equipped with latest technology and its entire operational structure is fully networked on core banking platform. It has a massive pool of skilled professional to carry out its operations.
State Bank Group, consisting of the bank and its subsidiaries, has an overwhelming presence in India's financial sector commanding a market share of about one fourth of deposits and loans of all scheduled commercial banks in the India.
SBI is winner of many international awards year-on-year including the Strongest Banks in Asia award 2010 for the Asia-Pacific region for excellence in Retail Financial Services.
State Bank of India is the first Indian bank to start commercial operations in China and the first Indian bank to start operating in local currency (RMB). The bank is playing an active role in fastening the booming trade and commercial linkages between the two Asian giants.