Awards And Achievements Of State Bank Of India - 2018-2019 StudyChaCha

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Old January 13th, 2018, 05:54 PM
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Default Awards And Achievements Of State Bank Of India

I want to know the Awards And Achievements of State Bank Of India SBI so will you please tell me?
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Old January 13th, 2018, 05:55 PM
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Default Re: Awards And Achievements Of State Bank Of India

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.

On 1st April, 2017, State Bank of India, which is India's largest Bank merged with five of its Associate Banks and Bharatiya Mahila Bank with itself.

Recent Awards and Recognition

SBI was ranked as the top bank in India based on tier 1 capital by The Banker magazine in a 2014 ranking.

SBI was ranked 232nd in the Fortune Global 500 rankings of the world's biggest corporations for the year 2016.

SBI was named the 29th most reputed company in the world according to Forbes 2009 rankings

SBI was 50th Most Trusted brand in India as per the Brand Trust Report 2013, an annual study conducted by Trust Research Advisory, a brand analytics company and subsequently, in the Brand Trust Report 2014, SBI finished as India's 19th Most Trusted Brand in India.

Listings and shareholding

As on 31 March 2017[1], Government of India held around 61.23% equity shares in SBI. Life Insurance Corporation of India is the largest non-promoter shareholder in the company with 8.82% shareholding.

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%

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