State Bank of India (SBI), a 200 year old organization is India's largest Commercial Bank. With more than 17,000 branches and 25,000 ATMs, the State Bank Group includes State Bank of India, 5 associate banks and 17 subsidiaries including 4 foreign subsidiaries as also 4 Joint Ventures abroad to form a formidable financial powerhouse. SBI has its presence in more than 32 countries with about 156 offices across the Globe. SBI is often referred to as a proxy for the Indian economy. It is the only Indian bank to feature in the Global Fortune 500 list.
With a market capitalization of USD 31 billion and balance sheet size of USD 380 billion, bank has a capital adequacy ratio of 11.98% as on 31st March 2011. SBI enjoys a market share of about 17% in the Indian Banking Industry and has a formidable presence in the entire spectrum of banking activities with employees numbering 180,000.
With a market capitalization of USD 31 billion and balance sheet size of USD 380 billion, bank has a capital adequacy ratio of 11.98% as on 31st March 2011. SBI enjoys a market share of about 17% in the Indian Banking Industry and has a formidable presence in the entire spectrum of banking activities with employees numbering 180,000.
