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STATE BANK OF INDIA (SBI)

State Bank of India (SBI) is a Multinational Government owned (62.31%) financial and
banking services company in India. with headquarters in Mumbai, Maharashtra, and Founded 1
July 1956. As of December 2012, it had assets of US$501 billion and 15,003 branches, including
157 foreign offices, making it the largest banking and financial services company in India by
assets. SBI had 14,816 branches of which 9,851 (66%) were in Rural and Semi-urban areas its
revenue was INR 200,560 Crores (US$ 36.9 billion), out of which domestic operations
contributed to 95.35% of revenue in financial year 2012-13. SBI has five associate banks State
Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of
Partial, State Bank of Travancore. Apart from five associate banks it has seven Non-Banking
Financial services. rom its five associate banks, SBI also has the following 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.

COMPETITIVE POSITION
SBI is India's oldest and largest public sector Bank. With the market capitalization of
Rs.106, 671.68Crore. Net interest income of Rs.cr 119,657.10 and net profit of Rs.cr 14,104.98.
Some of the major competitors for SBI in the banking sector are ICICI Bank, HDFC Bank, Axis
Bank, Bank of India, Punjab National Bank and Bank of Baroda Canara Bank. However in terms
of average market share, SBI is by far the largest player in the market.
BOARD OF DIRECTORS
Chairman

Managing Directors

Mrs Arundhati Bhattacharya


Shri Hemant G
S
Shri Diwakar Gupta
Shri A. Krishna Kumar
Shri S. Vishvanathan

PRODUCTS AND SERVICES


Debit card,s:Debit Card spends of State Bank Group crossed ' 15,000 crores for FY 2012-13
which constitutes over 20% of total Debit Card spends in the industry.
PrepaidCard,s:Bank's range of products include popular Rupee Prepaid Cards like Gift Card,
General Purpose Prepaid Card like eZ-Pay Card and Foreign Travel Card catering to various
payment needs of the customers.
Foreign Travel Card: Foreign travel card providing safety, security and convenience to
overseas travelers.which is now available in eight major currencies US Dollar (USD), Great
Britain Pound (GBP), Euro, Canadian Dollar(CAD), Australian Dollar (AUD), Japanese Yan
(JPY),Saudi Riyal (SAR) and Singapore Dollar (SGD).

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