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Old December 14th, 2017, 04:52 PM
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Join Date: May 2011
Default Re: State Bank Of India Was Earlier Known As

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

As you asking I am telling State Bank Of India Was Earlier Known As imperial Bank of India, the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1 July 1955, the imperial Bank of India became the State Bank of India.

Bank profile:

Type Public

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 Rajnish Kumar (banker) (Chairman)

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 298,640.45 crore (US$47 billion) (2017)

273,461.13 crore (US$43 billion) (2016)

Operating income 50,847.90 crore (US$7.9 billion) (2017)

Profit 10,484.10 crore (US$1.6 billion) (2017)

9,950.65 crore (US$1.6 billion) (2016)

Total assets 2,705,966.30 crore (US$420 billion) (2017)

Total equity 144,274.65 crore (US$22 billion) (2016)

Owner Government of India (61.23%)

Number of employees 209,567 (2017)

207,739 (2016)

Capital ratio 13.12% (2016)
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