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Old February 8th, 2017, 03:04 PM
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Default CBS Branch SBI

What do you mean by State Bank of India (SBI) CBS Branch, will you plz tell me about it as my uncle asking me about the same ??
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Old February 8th, 2017, 04:23 PM
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Join Date: Apr 2013
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Default Re: CBS Branch SBI

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra

As you asking I am telling Core Banking Solution (CBS) is networking of branches, which enables Customers to operate their accounts, and avail banking services from any branch of the Bank on CBS network, regardless of where he maintains his account.

Bank profile :
Type Public
Traded as NSE: SBIN
BSE: 500112
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, financial services
Founded 2 June 1806, Bank of Calcutta
27 January 1921, Imperial Bank of India
1 July 1955, State Bank of India
2 June 1956, nationalization
Headquarters Mumbai, Maharashtra, India
Area served Worldwide
Key people Arundhati Bhattacharya
Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards,
Revenue 2.85 trillion (US$42 billion) (2016)
Profit 127 billion (US$1.9 billion) (2016)
Total assets 30.72 trillion (US$460 billion) (2016)
Owner Government of India
Number of employees 293,469 (2016)
Answered By StudyChaCha Member
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