Who is the owner of State Bank of India | wiki

What Is State Bank of India
State Bank of India, Indian nationalized financial institution. Know more about the owner of State Bank of India and more organization information. State Bank of India, country’s largest commercial bank

Sponsored1

  • About the owner of State Bank of India

Owner of State Bank of India Limited
State Bank of India incorporated in the year 1806. Not in the form of SBI, but as Bank of Calcutta. After the formation of the British colonial government in India, they wanted the formation of a Western-style banking system, primarily to serve the wants and interests of the British imperial government. In addition to European trading houses arranging business in India. Eventually, this leads to the first nationalized bank in India.

Bank of Calcutta, it was also the country’s first joint stock company. SBI, headquartered in Mumbai, India. The government of India is the Owner of SBI.

Sponsored2

  • About The State Bank of India Limited Wiki

Some Information About The Company / Company Wiki
Company Name State Bank of India (SBI)
Official Website www.sbi.co.in
Founder


Owner

 British imperial government


Government of India

Founded 2 June 1806
Chairman Rajnish Kumar
Status Active
Head OfficeMumbai, India
Address P0ST BOX NO. 1965

HORNIMAN CIRCLE,

M. S. MARG, MUMBAI – 400023

 Customer Care

Sponsored3

  • Company Logo

Company Official Logo
Owner of State Bank of India -Wiki - Logo - profile

Owner of State Bank of India -Wiki – Logo – profile

  • Details of the owner of State Bank of India(Wiki)

Full Information about the owner of State Bank of India
State Bank of India (SBI), owned by Indian Government. Provided that, Indian government conserves a stake of almost 60% in SBI via the central Reserve Bank of India.

Rajnish Kumar, current Chairman of SBI. Rajnish entered SBI as a Probationary officer in 1980. By the time, he has served as Managing Director of National Banking Group, and the Managing Director in Compliance & Risk of SBI. In effect as the senior bank official, he formerly also headed the SBI Capital Markets Limited as Managing Director and Chief Executive Officer, prior to becoming Managing Director in SBI.

Management:

  •  Rajnish Kumar- Chairman
  • B. Sriram Managing – Director
  •  P. K. Gupta Managing – Director
  •  Dinesh Kumar Khara – Managing Director
  •  Bhaskar Pramanik – Director
  •  Pravin Hari Kutumbe – Director
  •  Basant Seth – Director

Sponsored5

  • Details of the Company

Full Information about the State Bank of India
For the most part, SBI has taken possession of local banks in terms of rescues. To illustrate, in 1985, it procured Bank of Cochin in Kerala, which had 120 branches. As an affiliate of SBI, State Bank of Travancore previously had an extensive network in Kerala.

The state-owned bank momentarily controlled more than one-fourth of India’s entire banking industry. Such a position got further expanded at the end of the decade when new legislation made the act for the takeover by the State Bank of eight regionally based, government-controlled banks.

Presently, SBI operates as the world’s largest branch network, including more than 13,500 branch offices throughout India, man-powered by approximately 220,000 employees. SBI is also a global organization, including seven international subsidiaries in the United States, Canada,  Nigeria, Nepal, Bhutan, Mauritius, and the United Kingdom, and more than 50 branch offices in 30 countries.

Sponsored6

  • State Bank of IndiaLimited customer care

Full List of contact customer care of State Bank of India
Delhi OfficeMumbai OfficeHyderabadChandigarhBangalore

State Bank of India, Local Head Office,

11, Sansad Marg,

New Delhi-110 001.

State Bank of India, Local Head Office,

Bandra Kurla Complex

Mumbai-400 051.

Bank Street, Koti,

Hyderabad – 500 095

Office, Sector-17-B,

Chandigarh-160 017

65, St. Mark’s Road,

Bangalore-560 001

We will be happy to hear your thoughts

      Leave a reply

      This site uses Akismet to reduce spam. Learn how your comment data is processed.