#1
17th December 2016, 05:54 PM
| |||
| |||
SBI World Rank
Can you tell me about the ranking of State Bank of India (SBI) in world and also at India level as I want to know it before investing in it?
|
#2
20th December 2016, 11:07 AM
| |||
| |||
Re: SBI World Rank
State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation. As of 2014-15, it had assets of ₹20.480 trillion (US$300 billion) and more than 14,000 branches, including 191 foreign offices spread across 36 countries, making it the largest banking and financial services company in India by assets. It is a banking behemoth and has 20% market share in deposits and loans among Indian commercial banks. It provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). It has 14 regional hubs and 57 Zonal Offices that are located at important cities throughout India. Ranking The company is ranked 232nd on the Fortune Global 500 list of the world's biggest corporations as of 2016. It was ranked as the top bank in India based on tier 1 capital by The Banker magazine in a 2014 ranking. It was ranked 298th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012. It was named the 29th most reputed company in the world according to Forbes 2009 rankings It was 50th Most Trusted brand in India as per the Brand Trust Report 2013, an annual study conducted by Trust Research Advisory, a brand analytics company and subsequently, in the Brand Trust Report 2014, SBI finished as India's 19th Most Trusted Brand in India. Associate Banks State Bank of Patiala (founded 1917) State Bank of Mysore (founded 1913) State Bank of Bikaner & Jaipur (founded 1963) State Bank of Hyderabad (founded 1941) State Bank of Travancore (founded 1945) Bharatiya Mahila Bank (founded 2013) The banks which are merged are: State Bank of Saurashtra (merged 2008) State Bank of Indore (merged 2010) 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 |
|