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27th March 2016, 12:07 PM
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Join Date: May 2012
Re: State Bank Of India

State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.
State Bank of India is one of the Big Four banks of India, along with ICICI Bank, Bank of Baroda and Punjab National Bank

The roots of the State Bank of India lie in the first decade of the 19th century, when the Bank of Calcutta, later renamed the Bank of Bengal, was established on 2 June 1806.

Products

Consumer
Corporate banking,
Finance and insurance
Investment banking
Mortgage loans
Private banking
Private equity
Savings
Securities
Asset management
Wealth management
Credit cards

Associate banks
State Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank of Mysore
State Bank of Patiala
State Bank of Travancore

Non-banking subsidiaries

SBI Capital Markets Ltd
SBI Funds Management Pvt Ltd
SBI Factors & Commercial Services Pvt Ltd
SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
SBI DFHI Ltd
SBI Life Insurance Company Limited
SBI General Insurance

Major competitors
Axis Bank
ICICI Bank
HDFC Bank
Punjab National Bank
Bank of Baroda
IndusInd Bank
Canara Bank
Bank of India
Union Bank of India


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