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14th April 2016, 09:55 AM
Super Moderator
 
Join Date: May 2012
Re: Role And Functions Of State Bank Of India

As you have asked about the role and functions or duties of State Bank of India, I am giving you some information about it
The Bank functions with the following core values / norms

Excellence in customer service
Profit orientation
Fairness in all dealing and relations
Risk taking and innovation
Integrity
Transparency and discipline in policies and systems

The core functions of the Bank i.e. accepting deposits and sanction of loans,the interest rates for deposits / advances and different deposit as well as loan products

It provides following services:

Personal Banking
Agricultural / Rural
NRI Services
International
Corporate Banking

Other services:

Internet Banking
Mobile Banking
ATM Services
Demat Services
Service Charges & Fees
Aadhaar Seeding
Cash Deposit Machine

Bank has appointed various committees for different purposes. Following are some of the important Committees managing the key affairs of the Bank :

Risk Management Committee
Credit Risk Management committee
Asset Liability Management committee
Operational Risk Management committee
Audit Committee
Central Management Committee
Central as well as Local Boards


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