CBS SBI

What do you mean by State Bank of India (SBI) CBS Core Banking Solution (CBS) ,as my one of the friend asking me about it ???

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company.

As you asking I am telling Core Banking Solution (CBS) is networking of by State Bank of India (SBI) 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 company

Traded as NSE: SBIN

BSE: 500112

LSE: SBID

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

(Chairperson)

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 2.7287103 trillion (US$41 billion) (2016)
Profit 127 billion (US$1.9 billion) (2016)

Total assets 20.480 trillion (US$300 billion) (2014-15)

Owner Government of India

Number of employees 293,469 (2016)

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Answered By StudyChaCha Member