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6th December 2017, 11:35 AM
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Join Date: Aug 2012
Re: State Bank Of India Fixed Deposit Plan

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

As you want here I am telling about State Bank Of India Fixed Deposit Plan offers short-term deposits with the shortest term being 30 days. State Bank Of India Fixed Deposit interest rates range from 5.25%pa to 7.25%pa compounded quarterly.

For 60,90, and 120 days the fixed deposit rate in State Bank Of India is 6.5% pa. A 6 month period for SBI fixed deposit gives an interest of 6.75% pa. The State Bank Of India fixed deposit interest rate for a nine month period is 7% pa.

State Bank Of India also offers medium and long-term fixed deposit tenures. The tenure ranges from more than a year to five years. The fixed deposit rate of interest for this scheme varies between 7% pa to 7.5% pa.

The rate on 1.6 & 2 years State Bank Of India Fixed Deposit fetches an added 0.5% pa interest making the total rate of interest 7.5%pa.

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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