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Old September 14th, 2017, 10:37 AM
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Default Owner Of State Bank Of India

Who is the owner of State Bank Of India and also let me know more about the bank, so that I can go through it?
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Old September 14th, 2017, 10:43 AM
Educhamp's Avatar
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Join Date: May 2011
Location: Delhi
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Default Re: Owner Of State Bank Of India

According to me the owner of State Bank Of India is Indian Government and here I will gather some information about the bank.

The State Bank Of India is a public sector banking and financial services company which has more than 24,000 branches and 59,000 ATMs with 198 offices in 37 countries; 301 correspondents in 72 countries offering various products and services.

Consumer banking
Corporate banking
Finance and insurance
Investment banking
Mortgage loans
Private banking
Private equity
Asset management
Wealth management
Credit cards

Non-banking subsidiaries
SBI Capital Markets Ltd
SBI Funds Management Pvt Ltd
SBI Factors & Commercial Services Pvt Ltd
SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
SBI Life Insurance Company Limited
SBI General Insurance

Shareholders Shareholding
Promoters: Government of India 61.23%
FIIs/GDRs/OCBs/NRIs 11.17%
Banks & Insurance Companies 10.00%
Mutual Funds & UTI 8.29%
Others 9.31%
Total 100.0%

State Bank Of India
18 19, Devdas Kamlleg Block, Synergy Building, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange

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