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State Bank of India (SBI) is the largest commercial bank in India in terms of assets, deposits, profit, number of branches and number of employees. SBI is the only Indian bank to rank among the top 100 banks in the world and is also among the top 20 banks in Asia according to The Banker (UK) magazine. The origin of State Bank of India dates back to 1806 when the Bank of Calcutta (later called the Bank of Bengal) was established. Subsequently, Bank of Bengal and two other banks (Bank of Madras and Bank of Bombay) were amalgamated to form the Imperial Bank of India. Reserve Bank of India acquired controlling interest in the Imperial Bank of India and SBI was created in 1955 by an act of Parliament to succeed the Imperial Bank of India. SBI is also the leading bookrunner of capital market solutions for its clients in Bangladesh. SBI's Corporate and Commercial Bank services local corporate and multinationals across several industries, providing vital linkage and an integrated perspective throughout the Bangladesh supply chain and business operation.

State Bank of India has led the way in Bangladesh with its innovative landmark solutions. With the introduction of several 'first-ever' deals in Bangladesh, State Bank of India has helped to further develop Bangladesh's financial market. The Bank committed to develop and deliver the most innovative products, manage customer experience, deliver quality service that contribute to brand strength, develop a competitive advantage and enhance profitability, thus providing value to the stakeholders of the bank.

SBI’s non-banking subsidiaries/joint ventures are market leaders in their respective areas and provide wide ranging services, which include life insurance, merchant banking, mutual funds, credit cards, factoring services, security trading and primary dealership, making the SBI Group a truly large financial supermarket and India’s financial icon.
 

Bangladesh Bank, as the central bank, has legal authority to supervise and regulate all banks and non-bank financial institutions. Bank Company Act, 1991, empowers Bangladesh Bank to issue licenses to carry out banking business in Bangladesh. Given some broad policy goals and objectives, it formulates and implements monetary policy, manages foreign exchange reserves and lays down prudential regulations and conduct monitoring thereof as they apply to the entire banking system. The Bangladesh Bank has the power to impose penalties for non-compliance and also to intervene in the management of a bank if serious problem arise. It also has the delegated authority of issuing policy directives regarding the foreign exchange regime.