State Bank of India is a multinational public sector bank and financial services statutory body. It offers a comprehensive range of banking services, including retail, corporate, and investment banking, along with various financial products like loans, savings accounts, and wealth management. The bank is headquartered in Mumbai, India, and traces its origins back to the Bank of Calcutta, founded in 1806, eventually becoming State Bank of India on July 1, 1955.
In State Bank of India’s (SBI) latest annual report (year ending March 31, 2017) the state of the former 5 commercial banking subsidiaries (called...
State Bank of India (SBI), the nation’s largest and the government’s premier bank, reported a consolidated 4Q loss of Rs30bn and an annual profit...