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State Bank of India

Indian public sector bank

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State Bank of India: Indian public sector bank
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 49th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees. On 14 September 2022, State Bank of India became the third lender and seventh Indian company to cross the 5-trillion market capitalisation on the Indian stock exchanges for the first time.

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Modi government gave Rs. 8,800 crore to SBI reveals CAG report | Oneindia News [Video]

Modi government gave Rs. 8,800 crore to SBI reveals CAG report | Oneindia News

A new report by the CAG has revealed that the Modi government gave State Bank of India Rs. 8,800 crore with the lender asking for such funds. #ModiGovernment #SBI #CAGreport

Credit: Oneindia     Duration: 02:28Published

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