The State Bank of India, with an over 200 year old history, is the largest bank in India in terms of assets, deposits, advances, branches and employees and a Fortune 500 Company. At the end of the financial year 2016-17 (April-March), the Bank’s total income was Rs. 2,10,979 crores, with an operating profit of Rs 50,848 crores while making a net profit of Rs. Rs 10,484 crores during the year. The Bank merged its five associate Banks and Bharatiya Mahila Bank with itself on 1st April 2017, leading to increased balance sheet size and economies of scale. With this merger, SBI entered into the league of top 50 global banks with a balance sheet size of Rs 33 lakh crore, with 24,017 branches and 59,263 ATMs serving over 42 crore customers.

Subsidiaries
SBI Capital Markets Ltd.
SBI General Insurance Co. Ltd.
SBI Cards & Payment Services Ltd.
SBI Factors & Comm. Services Ltd.
SBI Funds Management (P) Ltd.
SBI DFHI Ltd.
SBI Life Insurance Co. Ltd.
Foreign Subsidiaries
SBI (Canada)
SBI (California)
SBI International (Mauritius) Ltd.
INMB Bank Ltd
Nepal SBI Bank Limited
Bank of Bhutan
Commercial Bank of India LLC
Bank SBI Indonesia
SBI Group: SBI Capital Markets Limited
The largest commercial bank group in India
Rated Best Bank in India by Global Finance, New York
The only Indian Bank to find a place in the Fortune Global 500 List.
First Indian Bank to take up merchant banking in 1986
Position in the domestic banking sector as on 31 March 2017:

  • 18.5 % of the aggregate domestic deposits.
  • Largest home loan provider in the banking sector, with a market share of over 25% as on 31 March 2017 amongst ASCB
The Asset Triple A Asia Infrastructure Awards 2017 for Project finance house of the year, India, Renewable energy deal of the year, Chemical deal of the year, Oil and gas deal of the year and Power deal of the year
Ranked No.1 in the India Loans MLA with market share of 58.1% (in INR) – Bloomberg
Significant inroads in M&A transactions – Rs 40000 Crs.
SBICAP was ranked Ranked 1st by number of equity issuances (16) and No 2 by issue amount raised (~INR 19,924 crores) for FY 2017
No. 1 in IPO’s, managed 700+ issues (since 1989 – source Prime Database).