State Bank of India

Book Category Asia portal. Reserve Bank of India. As on 31 March , [1] Government of India held around

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Indian GDP growth in Q2 to slow to 7. Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen Alle: Orderbuch weitere Times and Sales. Sentiment der SBI Aktie. Der Wert des Sentiments bewegt sich dabei zwischen -1 und 1, wobei 1 eine sehr positive Stimmung Erwartung steigender Kurse und -1 eine sehr negative Stimmung Erwartung sinkender Kurse des Basiswertes entspricht.

Online Brokerage über finanzen. Zur klassischen Ansicht wechseln. Kontakt - Impressum - Werben - Presse mehr anzeigen. Kontakt Impressum Werben Presse Sitemap. Wie bewerten Sie diese Seite? Problem mit dieser Seite? Für die aufgeführten Inhalte kann keine Gewährleistung für die Vollständigkeit, Richtigkeit und Genauigkeit übernommen werden. The company is ranked th on the Fortune Global list of the world's biggest corporations as of The bank descends from the Bank of Calcutta , founded in , via the Imperial Bank of India , making it the oldest commercial bank in the Indian subcontinent.

In , the government took over the stake held by the Reserve Bank of India. The roots of the State Bank of India lie in the first decade of the 19th century when the Bank of Calcutta later renamed the Bank of Bengal , was established on 2 June The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay incorporated on 15 April and the Bank of Madras incorporated on 1 July All three Presidency banks were incorporated as joint stock companies and were the result of royal charters.

These three banks received the exclusive right to issue paper currency till when, with the Paper Currency Act, the right was taken over by the Government of India. The Presidency banks amalgamated on 27 January , and the re-organised banking entity took as its name Imperial Bank of India. The Imperial Bank of India remained a joint stock company but without Government participation.

This made SBI subsidiaries of eight that had belonged to princely states prior to their nationalization and operational takeover between September and October , which made eight state banks associates of SBI.

This une with the first Five Year Plan, which prioritised the development of rural India. The government integrated these banks into the State Bank of India system to expand its rural outreach. SBI has acquired local banks in rescues. The first was the Bank of Bihar est. The bank had been the Dukan Pichadi , a small moneylender, owned by the Maharaja. The new bank's first manager was Jall N.

There has been a proposal to merge all the associate banks into SBI to create a single very large bank and streamline operations. The first step towards unification occurred on 13 August when State Bank of Saurashtra merged with SBI, reducing the number of associate state banks from seven to six.

Individuals who held the shares prior to its takeover by the government hold the balance of 1. On 7 October , Arundhati Bhattacharya became the first woman to be appointed Chairperson of the bank. Bhattacharya received an extension of two years of service to merge into SBI the five remaining associated banks. SBI provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians NRIs. SBI has 16 regional hubs and 57 zonal offices that are located at important cities throughout India.

SBI has 18, branches in India. Similarly, domestic operations contributed to As of —15, the bank had overseas offices spread over 36 countries having the largest presence in foreign markets among Indian banks. The Jaffna branch was opened on 9 September In , the bank established a subsidiary, State Bank of India , which now has ten branches—nine branches in the state of California and one in Washington, D. The 10th branch was opened in Fremont, California on 28 March This bank began in as the Indo—Nigerian Merchant Bank and received permission in to commence retail banking.

It now has five branches in Nigeria. SBI Nepal has branches throughout the country. SBI acquired the control of seven banks in They were the seven regional banks of former Indian princely states. They were renamed, prefixing them with 'State Bank of'. All these banks were given the same logo as the parent bank, SBI. In the same year, a subsidiary named Bharatiya Mahila Bank was formed. The State Bank of India wordmark usually had one standard typeface, but also utilized other typefaces.

As on 31 March , [1] Government of India held around The Life Insurance Corporation of India , itself state-owned, is the largest non-promoter shareholder in the company with 8. The percentage of Officers, Associates and Sub-staff was