SBI And Its Subsidiaries

Hii sir, I wants to get the Information About the State bank of India and the Sub Diaries of the Bank ?

State Bank of India Founded in the Year 1955 . It is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

About the branches

the SBI has A branch network of 6108 branches in India which are on core banking and 7613 ATMs networked with SBI ATMs, providing value added services to clientele.


ASSOCIATE BANKS

State Bank of India has the following five Associate Banks (ABs) with controlling interest ranging from 75.07% to 100%.

State Bank of Bikaner and Jaipur (SBBJ)
State Bank of Hyderabad (SBH)
State Bank of Mysore (SBM)
State Bank of Patiala (SBP)
State Bank of Travancore (SBT)


Financial Performances of the Associate bank

he combined Net profit of these banks was Rs.2777 Crores for the year ended 31st March 2014. Deposits and advances grew by 3.70% and 6.78%, respectively, over 31st March 2013.

(Rs. In crores)
Deposits 433091
Loans 363402
Investments 125236
Total Assets 518255
Return on Assets 0.54%
No. of Branches 6108

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