#1
18th July 2015, 08:07 AM
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State Bank of India History
Will you please provide the history of State Bank Of India ? Also provide the list of eight banking subsidiaries of State Bank Of India.
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#2
18th July 2015, 10:05 AM
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Re: State Bank of India History
State Bank of India was established in the year 1921 and it is an Indian multinational, Public Sector banking and financial services company . State Bank of India is a government-owned corporation with the headquarter located in Mumbai, Maharashtra. The eight banking subsidiaries are: • State Bank of Bikaner and Jaipur (SBBJ) • State Bank of Hyderabad (SBH) • State Bank of Patiala (SBP) • State Bank of Saurashtra (SBS) • State Bank of Travancore (SBT) • State Bank of India (SBI) • State Bank of Indore (SBIR) • State Bank of Mysore (SBM) Products : • Consumer banking • Corporate banking, • Finance and insurance • Investment banking • Mortgage loans • Private banking • Private equity • Savings • Securities • Asset management • Wealth management • Credit cards Recent awards and recognitions SBI ranked 73rd largest bank in the world, by 2014 SNL financial data. SKOCH Award 2010 for Virtual corporation Category for its e-payment solution. Visionaries of Financial Inclusion By FINO. Technology Bank of Year by IBA Banking Technology Awards. Best Bank – Large and Most Socially Responsible Bank by the Business Bank Awards 2009. Best Bank 2009 by Business India. The Most Trusted Brand 2009 by The Economic Times. |