Authorised Dealer Code Of State Bank Of India

What do you mean by Authorised Dealer Code Of State Bank Of India, would you plz let me know about it , and its uses ???

[pawan]

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

State Bank Of India Authorised Dealer Code is a 14 digit number which is obtained after IEC(Import Export Code) from DGFT(Director General of Foreign Trade) provide by this bank in which branch your company has current account. Any exporter or importer who want to do his export/import business need to obtain IEC(Import Export Code). After getting IEC, any firm can import/ export products from any port 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 Arundhati Bhattacharya (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 (100%)
Number of employees 209,567 (2017)
207,739 (2016)
Capital ratio 13.12% (2016)

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