State Bank of India (SBI) is the largest public sector bank in India and is headquartered in Mumbai. It was established in 1955 and has since grown to become one of the largest financial institutions in the country.
SBI offers a wide range of banking and financial services to individuals, businesses, and other organizations. Some of its services include deposit accounts, loans, credit cards, wealth management, and insurance products.
SBI has a vast network of branches and ATMs across India, as well as a significant international presence. It also has several subsidiary companies, including SBI Capital Markets, SBI Life Insurance, and SBI Cards.
As a public sector bank, SBI is owned by the government of India and is regulated by the Reserve Bank of India. It has a strong commitment to financial inclusion and has implemented several initiatives to promote banking services in underserved and rural areas.
SBI has received several awards and recognitions for its performance and services. It was ranked as the 55th largest bank in the world by Forbes in 2021, and was also named the Best Retail Bank in India by The Asian Banker in 2020
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