State Bank of India (SBI) is the largest commercial bank in India with a network of over 22,000 branches spread across the length and breadth of India and over 190 offices in 38 countries across the world. SBI offers a wide range of banking products and services to corporate and retail customers. With the objective of serving the growth aspirations of the Indian corporate abroad and meeting the banking needs of overseas Indians, SBI, is now present in all time zones, has the largest overseas network among all Indian banks with 190 foreign offices spread over 35 countries.
The vast network, along with corresponding banking relationship with more than 440 banks and exchange companies and tie-ups across all continents go into making SBI a bank with global outreach. The Bank has five domestic banking subsidiaries, six foreign banking subsidiaries, 11 non-banking subsidiaries and seven joint ventures.
An ideal business partner for individuals and institutions across the globe, State Bank of India’s dedicated and skilled team of professionals enables it to meet customers’ business and personal needs by providing comprehensive international banking products, services and financial solutions, tailor- made to meet overseas banking requirements.
The bank is actively involved since 1973 in non-profit activity called Community Service Banking. All the branches and administrative offices throughout the country sponsor and participate in large number of welfare activities and social causes.
The equity shares of SBI are listed on the Bombay Stock Exchange, where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India, where it is a constituent of the S&P CNX Nifty. Its Global Depository Receipts (GDRs) are listed on the London Stock Exchange.
The logo of the State Bank of India is a blue circle with a small cut in the bottom that depicts perfection and the common man being the centre of the bank’s business. The logo came from National Institute of Design (NID), Ahmedabad, and it was inspired by Kankaria Lake, Ahmedabad.
SBI’s taglines like ‘Pure Banking, Nothing Else’, ‘With You-All the Way’, ‘A Bank of the Common Man’, ‘The Banker to Every Indian’, ‘The Nation Banks on Us’ reflect its commitment towards nation building through banking.
State Bank of India has won the National Award from the ministry of Micro, Small and Medium Enterprises (MSME) for its performance in the implementation of Prime Minister’s Employment Generation Programme (PMEGP) scheme for 2012. It also won the Golden Peacock Award for Sustainability for the year 2014.