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State Bank of India

 

State Bank of India Logo

State Bank of India (SBI) is the country’s oldest Bank and largest banking and financial services company (by turnover and total assets) with its head office located in Mumbai, India. It is state-owned. SBI provides a range of banking products through its vast network of branches in India and overseas, including products aimed at non-resident Indians (NRIs).

The State Bank Group, with over 16,000 branches, has the largest banking branch network in India. It also has around 130 branches overseas. The State Bank of India is the largest of the Big Four banks of India, along with ICICI Bank, Punjab National Bank and HDFC Bank, its main competitors.

 
 

State Bank of India HQ Location Map

State Bank of India Head Office
Bandra Kurla Complex
Mumbai - 400 051

Tel:   91 022 2644 5525
Fax : 91 022 2644 5505

National Toll Free No : 1800 22 8866

Website: www.statebankofindia.com

Banking Hours‎:
Mon - Fri : 9.30am - 5.00pm‎

Swift Code : SBININBB

 

 

 

The main aim of nationalised the banks in India was to make it reach its clients in rural areas and be able to provide them with quality services and this occurred more in 1969, in this year only 14 more banks were nationalized and in 1980 seven more banks were also nationalized, the State Bank of India is always the best commercial bank in India and it is also rated the top five banks in the world.

Nationalised banks like State Bank of India in India are of higher quality because they are strong, clean and have very transparent balance sheets than other ordinary banks and the main aim of this banks is to manage volatility, with a fixed exchange rate.

Nationalized banks in India offer great and quality services to their customers, they also offer insurance services like health insurance which enables a person to save money for any accidents that may occur. If you want to get more information about nationalized bank in India you can visit them in the website and get to know what they offer.

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