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State Bank of India. State Bank of India ( SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 47th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank ...
The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ex-officio chair of its Central Board of Directors. Since its establishment in 1955 by the government of India , the State Bank of India has been headed by twenty-seven chairpersons.
Merged with the State Bank of India on 1 April 2017: Patiala: 16: State Bank of Indore: 1920: 2017: Merged with the State Bank of India on 1 April 2017: Indore: 17: Imperial Bank of India: 1921: 1955: Renamed as the State Bank of India in 1955: India: 18: State Bank of Saurashtra: 1925: 2017: Merged with the State Bank of India on 1 April 2017 ...
Succeeded by. Challa Sreenivasulu Setty. Personal details. Born. ( 1961-08-28) 28 August 1961 (age 62) Residence. Mumbai, India. Dinesh Kumar Khara (born 28 August 1961) is a career banker and former chairman of the State Bank of India a position he assumed on 7 October 2020 and will serve till his retirement on 28 August 2024.
In fact, some online banks are just the digital arm of a traditional bank. For example, Liberty Bank started online-only Owners Bank to focus on small business accounts, and American Commerce Bank ...
Owner. State Bank Of India. Number of employees. 18,000 (2023) Website. Sbi Life. SBI Life Insurance Company Limited [3] is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns ...
SBI Capital Markets (SBICAPS) is a wholly owned investment banking subsidiary of State Bank of India (SBI). Headquartered in Mumbai, SBICAPS has 6 regional offices across India (Ahmedabad, Chennai, Hyderabad, Kolkata, New Delhi and Bengaluru) and the United Arab Emirates (Abu Dhabi), and 2 subsidiaries - SBICAP Securities Limited and SBICAP Trustee Company Limited.
The amalgamation is the first-ever three-way consolidation of banks in the country, with a combined business of Rs14.82 trillion (short scale), making it the third largest bank after State Bank of India (SBI) and ICICI Bank. Post-merger effective 1 April 2019, the bank has become the India's third largest lender behind SBI and ICICI Bank.
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